Dow hits record as inflation concerns fade Monday
U S stocks rose to new records led by the Dow Jones up 33.6 points, as investors shrugged off inflation fears and awaited potential rate cuts. Broad gains across NYSE, S&P 500, Nasdaq, and Amex, with gold and tech shares aiding the rally amid mixed global results.
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New York
Dow
Alan Ackerman
Fahnestock & Co
New York Stock Exchange
NYSE
Standard & Poor
American Stock Exchange
Federal Reserve
Fed
Do It Now Enterprises Waterless Detailing Expands Local Service
Frank Harrigan of Frederick launches Do It Now Enterprises Waterless Technology offering mobile exterior interior detailing for autos vans boats and aircraft with a six month UV protection. He seeks independent distributors and will host demonstrations in Frederick Walkersville Thurmont Middletown and Myersville areas.
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Ed Waters Jr
Frank Harrigan
Fredenck
Do It Now
Harrigan
Frederick
Walkersville
Thurmont
Middletown
Myersville
Welty elected chairman of Miles & Stockbridge firm
Joseph S Welty, 46, named chairman of Miles & Stockbridge after merger with Rosenstock Burgee Welty in 1987. A former partner and 1995 president, Welty succeeds Judge James R Eyler, now on Maryland’s Court of Special Appeals. He is a Mount St Mary’s College and William and Mary Law graduate.
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Joseph S Welty
Miles & Stockbridge
Welty
Rosenstock, Burgee & Welty
Wil
James R Eyler
Court of Special Appeals For
Maryland
Mr Welty
Mount St Mary’s College
Marshall- Whyte School of Law
The
College of William & Mary
Sandy Spring Bancorp Reports 1995 Earnings Jump
Sandy Spring Bancorp and its parent Sandy Spring National Bank based in Olney report 1995 net earnings of 89 million dollars or 207 cents per share, up from 8 million dollars or 189 cents per share in 1994. Fourth quarter 1995 earnings were 2 million dollars or 46 cents per share versus 2 million dollars or 48 cents per share in 1994.
MENTIONED IN THIS ARTICLE
Sandy Spring Bancorp
Olney
Sandy Spring National Bank
Tracer Reports 1995 Sales Rise 28 Percent
Tracer, a defense electronics firm, posted 1995 sales of 8869 million, up 28 percent from 1994. Net income reached 279 million or 123 per share, a 50 percent increase from 1994.
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Tracer
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