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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Feb 24, 1984
Page
4
Real estate partnerships risk drastic tax outcomes as overpricing and high leverage threaten deductions and cash flow. Expert Len Cyrrot warns investors may face IRS challenges, potential foreclosure risks, and taxable debt forgiveness if deals fail, urging caution and awareness of broader tax implications.
Frederick photographer Tom Clark adds a complete custom service darkroom and equipment, offering hand printed 16 by 20 inch and smaller photos with mounting framing and specialized wedding packages. Classes focus on 25 mm cameras, basic handling, lighting, and darkroom work, with field trips and critiques. Call 694-6774 for details. First Maryland Bancorp declares quarterly dividend of 3742 cents per share, payable April 2, 1984 to stockholders of record March 16, 1984.
A late February market summary lists Dow at 1134.63 with NYSE volume about 100.2 million. Quotations show varied moves among major names such as Exxon, GM, IBM, General Motors, Sears, Clorox, and Coca Cola, with several percent changes and several entries unched or undied.
The stock market recovered from a midafternoon selloff to finish mixed in a volatile session dominated by rate fears. The Dow rose 42 to 1134.63, with volume up to about 100.22 million shares as bonds slid on rising long term rate expectations.
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