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News in Frederick, Maryland

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Feb 26, 1982

Page

4

Local dealer backs formaldehyde insulation amid CPSC ban

Palmer Insulation reports about 500 homes with the product and no complaints while challenging the CPSC ruling as unsafe. Doug Palmer and Josh Lanier cite EPA FDA and American Cancer Society data supporting safety and plan legal and congressional actions. They warn improper installation could raise issues and urge buyers to use NICI certified dealers for guidance.

Consumer Product Safety Commission CPSC Palmer Insulation Doug Carmen Palmer Palmer Josh Lanier National Insulation Certification Institute Environmental Protection Agency Food and Drug Administration American Cancer Society They Lanier Th Institute Europe Massachusetts National

Builders slow to adopt cost cutting methods in housing

Washington AP reports the GAO says local codes and fragmented industry slow adoption of innovative construction methods that could cut hundreds of dollars from new homes. Drywall’s adoption is cited as progress while energy tech shows promise. Builders cite regulatory hurdles and risk aversion amid rising housing costs.

Washington General Accounting Office GAO Congress James L. Shackford National Association of Home Builders

Standex International reports higher six month earnings

Standex International Corp NYSE shows net income up 6 percent to 7.5 million or 1.12 a share for the six months ended Dec 31 on 2 percent higher sales at 185 million as recession bites. Second quarter earnings rose 10 percent to 3.9 million or 0.59 a share helped by a 2.2 million gain from selling a computer software investment.

Standex International Corp NYSE Fairchild Fairchild Industries VSI Corporation Bunker Ramo Corp

Investments pay off at Montgomery College

Montgomery College has earned more than 3.5 million dollars in interest from its short-term investment program since October 1971. In fiscal 1981 the college gained 798700 dollars, up 27 percent from the prior year, per John M. McKinley, chairman of the investment committee. The panel, advising Dr. Vergil Dykstra and George Davis, lauds the strategy as exemplary and financially sound.

Hagerstown, Md Fairchild Industries Fairchild Bunker Ramp Corp Allied Corporation William Buckland Montgomery College John M. McKinley McKinley The American University Vergil Dykstra George Davis

Stock Market Closes Mixed On Thursday

The stock market opened with a broad early gain but retreated to finish mixed. The Dow rose briefly but closed at 825.82, down 0.95, as NYSE volume slowed to 54.16 million shares. The composite index slipped 0.4 to 65.41 while S P 400 fell 0.34 to 125.74 and the S P 500 dipped 0.26 to 113.21. AMEX index gained 0.39 to 267.58 and the Nasdaq composite rose 0.86 to 179.44.

Dow Jones Allg Pw CSX Corp Clorox Cocacl Comsat Exxon Fairchild Ind Fst Md Bae GenMotors GenStar Gulf Oil Hewl P IBM Kmart Litton Marriott Corp Nail Cp Mercantile Bokshi Mobil Noa Phil H Penney Pepp Dr Safewy Sears Texaco S Usfg Warner L Whittak Woolworth Baker Watts & Co Frederick New York New York Stock Exchange NYSE Nyse-Lsted Standard & Poor

Social Security for Women A Guide and Rules

Free booklet from the U S Department of Health and Human Services outlines eligibility for divorced women, name changes with Social Security, disability and Medicare benefits, credits in quarters of coverage, and employer reporting impacts. It also reports Fairchild Industries earnings for 1981, VSI subsidiary results, and related financials.

U.S. Department of Health and Human Services Social Security Consumer Information Center Dept Pueblo Colo

Also Mentioned on This Page

John Ronan Commission Peter Preuss New York Times Consumer Product Safety Council Ed Waters Jr Home Builders Association Malinda S. Shook Edward H. Pyles J.M. Bucheimer Co Shook Bob Leverone Standex Corp Liberia Business the News SMART Stansbury Frederick County America Frederick News-Post E. Patrick St. Frederick Add Ra's Legg Mason Wood Walker, Inc East Church Street Bon Tork Stork Mer
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