Stock market rebounds to second highest close
The Dow Jones industrial average rose 16.54 to 1096.94, nearing its record close of 1097.10 as oil prices slid. NYSE volume was 84.10 million shares, with gains across Exxon Mobil Dow Chemical and IBM while AMR slipped. S&P indexes and NASDAQ finished higher, signaling broad market strength.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Exxon
Mobil
Superior Oil
Chemical
du Pont
Dow Chemical
American Stock Exchange
Standard & Poor
S&p
We . Fed
Dow Jones
Genex WW
Kmart
Litton
Lowes
Marriott Corp
Ssh
MD Nail Cp
Mercantile Bokshi
Noa Phil
Penney SS
Peop Dr
Sears
Standex
No Trading, Stocks Co
Baker Watts & Co
Frederick
Labor Secretary Donovan Faces Silent Grudge in Florida
BAL HARBOUR, Fla. AP Labor Secretary Raymond Donovan brushed off a snub by AFL-CIO President Lane Kirkland as he met privately with union leaders. Kirkland refused to invite Donovan to address the executive council while other unions invited him to lunch, though Donovan said relations with Kirkland were polite and warming as he sought cooperation to tackle unemployment.
MENTIONED IN THIS ARTICLE
Bal Harbour
Fla
Raymond Donovan
Afl-Cio
Donovan
Executive Council
Lane Kirkland
Kirkland
Senate
John Hancock Invests 321.8 Million in Maryland
John Hancock Mutual Life Insurance reports Maryland investments totaling 321.8 million with 203 million in benefits paid to Maryland policyholders in 1982. The company lists significant holdings in Altimax, Westvaco, CGR Medical, Blackships, and Potomac Edison, and cites rising assets and record net operating gain.
MENTIONED IN THIS ARTICLE
Maryland
John Hancock Mutual Life Insurance Co
John Hancock Insurance
Life Insurance Company
Altimax, Inc
Westvaco Corp
CGR Medical Corp
Blackships Inc
John Hancock
Potomac Edison Co
John G McElwee
E. James Morton
Igha Mancock Va
Te Tssurance C
Denny's to replace Sambo's on US 407 site
Regional Denny's manager announces purchase of the former Sambo's location on US 407. The chain plans remodeling and a spring opening, with 24 hour service and a full menu. Rick Glover to manage Frederick Denny's, returning home to the area.
MENTIONED IN THIS ARTICLE
Denny’s Restaurants
Sambo's
Dwayne Dukes
Denny’s
Sambo’s
Dukes
Baltimore
Frederick Denny’s
Rick Glover
Washington, D.C
Glover
Frederick
Turner meets CBS on possible Turner merger deal
Turner discussed merging parts or all of his holdings with CBS in a meeting with CBS President Thomas Wyman. Both sides confirmed the talks. Turner owns WIBS TV CNN Headline News the Atlanta Braves and Hawks and holds 87 percent of Turner Broadcasting System shares valued around 17 a share.
MENTIONED IN THIS ARTICLE
Atlanta
Ted Turner
CBS
Thomas Wyman
Turner
Wibs-Tv
Cable News Network
CNN Headline News
Allanta Braves
Atlanta Hawks
New York
Cuba
Avlanta Constitution
Turner Broadcasting System
Frederick area business briefs highlight local professionals
Richard L. Shank Sr. of Farmers & Mechanics National Bank Frederick recently graduated from the Maryland Banking School co sponsored by the Maryland Bankers Association and University of Maryland. Warren E. Frocke, Frederick, becomes nation s first state railroad inspector certified by the Federal Railroad Administration. Will Hurwitz of Colonial Jewelers Frederick joins Bernard D. Cirlin Award judging panel with ceremony in New York. Chester T. Zentz Jr. Thurmont earns Tri State Sales Region Key Award and will attend the Nationwide President s Conference in Puerto Rico.
MENTIONED IN THIS ARTICLE
Richard L. Shank Sr
Farmers & Mechanics National Bank
Frederick
Maryland Banking School
Maryland Bankers Association
College of Business and Management
University of Maryland
F&m
Warren E. Frocke
Federal Railroad Administration
Chessie System
Frocke
Maryland Railroad Safety and Health Program
Will Hurwitz
Bernard D. Cirlin
PreciouStones
New York
Hurwitz
Chester T. Zentz Jr
Thurmont
Tri-State
Maryland
Delaware
Washington, D.C
Zentz
Puerto Rico
IRS Transcript Fee Clarified in Tax Law Coverage
The News Post corrects a report that Byron aides charged $15 for a hearing transcript. IRS in Washington, not Mrs Byron’s office, told Steve Kidwell he must pay. Byron staff offered to mail a transcript and share Ways and Means materials. local IRS offices remain available for district residents. Ed Waters Jr.
MENTIONED IN THIS ARTICLE
News-Post Business News
Steve Kidwell
Beverly 4. Byron
Kidwell
Byron
Ways and Means Committee
Internal Revenue Service
Washington, D.C
Local officials discuss Job Training Partnership Act plan
A luncheon of the Public Private Sector Council explored the Job Training Partnership Act effective Oct 1983. Frederick County Chamber of Commerce will nominate private sector representatives for approval by the county commissioners.
MENTIONED IN THIS ARTICLE
Public
Frederick
County Chamber of Commerce
Public Employment Service
Ron Parker
Public/Private Industry Council
Chamber of Commerce
C&P to Raise Rates 2.75 Percent in Maryland
C P Telephone of Maryland filed new rates in Frederick that lift basic unlimited home phone service by 27 cents monthly. The Maryland Public Service Commission authorized a 28.2 million dollar annual revenue increase last week, applying a 2.75 percent across most products and services, with overall effects yet to be determined.
MENTIONED IN THIS ARTICLE
Frederick
C&p Telephone
Maryland
Maryland Public Service Commission
Standard
Princess
Trimline
Commission
PSC
Energy policy hearings set nationwide for late February
The Department of Energy plans the fourth National Energy Policy Plan with public hearings nationwide the week of Feb 28 to March 4. In Maryland, the most accessible session is March 2 in Washington DC at Room 8-089 of the Forrestal Building, 1000 Independence Ave SW. Public agencies groups and citizens are urged to participate to shape the plan.
MENTIONED IN THIS ARTICLE
Department of Energy
Department
U.S
Office of Public Affairs
Forrestal
Independence Ave
5.W
Washington, D.C
William J. Silvey
Office of
S.W
Also Mentioned on This Page
AMR Corp
Justice Department
American Airlines
AMR
International Business Machines
Data General
Commodore International
Computervision
Babcock
Political Works Committee
Reagan
Bat
Council
Denny’s Restaurant
Sambo
Shank
Fracke
IRS
Dennis Derryck
Governor's Office
Agen
Paat
State Department of Labor
Ener Obie
Ftinale Kenied
Deryck
David Crow
Ronald H. Parker
Bernie County
Sterling E.eliece Pic
Private Industry Council
C&p
Cergy Ugelicy
Peoples Income Peoples Drug Stores Inc
NYSE
Cosé
U.S. Treasury
F.d.1,c
Frederick County National Bank
North Market
Rosemont Ave
ASE
Patrick
Contact Homecall, Inc
Home Health Care
Frederick, MD
Mary Boned
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