Banks poised to boost speculative real estate lending in year
Maryland banks face pressure to lend more to speculative real estate as occupancy climbs and liquidity rises. Analysts say vacancy rates shrink in industrial and warehouse sectors while banks hold cash and demand slows. Officials warn banks will be cautious, funding only safe, conservative opportunities.
MENTIONED IN THIS ARTICLE
Baltimore
Maryland
Casey and Associates
Colliers Pinkard
Stuart Greenberg
Integrated Power to relocate to Frederick in 1995
Integrated Power, a Westinghouse Electric subsidiary based in Rockville, will move to a 36,000 square foot former Shenandoah Plastics site at 7618 Hayward Road in Frederick, with a February opening after Manehin Corp renovations. The firm, a systems integrator using renewable energy, employs 35 staff across Belgium, Indonesia, and the UAE.
MENTIONED IN THIS ARTICLE
Rockville
Saxon
Frederick
Westinghouse
Integrated Power
Belgium
Indonesia
United Arab Emirates
Solarex
Studley Commercial Real Estate
Frederick Business Properties
Zedillo orders wage and price restraints to stem peso collapse
President Ernesto Zedillo signed an emergency accord with businesses and unions to curb wage and price hikes and restore confidence as the peso slumped to 5.325 per dollar. The plan limits 1995 wage increases to 7 percent, offers a 3 percent tax cut for the poorest, and calls for a congressional session to review proposals amid inflation fears and growing public hardship.
MENTIONED IN THIS ARTICLE
Mexico City
Ernesto Zedillo
Zedillo
Mexico
Mexican Congress
Workplace Violence Seminar Planned at City Club Frederick
A 9 to 11 a.m. seminar on violence in the workplace takes place Wednesday January 25 at the City Club Patrick Center 30 W Patrick St Frederick. Co sponsored by the Frederick County Chamber of Commerce American Diagnostic Inc and Maryland OSHA. Topics include occupational injuries homicide in the workplace industries affected risk factors and prevention strategies. Registration costs 55 with more information from American Diagnostic at 696-1202.
MENTIONED IN THIS ARTICLE
City Club
Patrick Center
Patrick St
Frederick
Chamber of Commerce of
Frederick County
Amercan Diagnostic Inc
Maryland Occupational Safety & Health Administration
American Diagnostic
Tom Clark adds Pictrostat services at photo shop
Tom Clark Photography in Frederick has added a Pictrostat printer by Fuji. The printer produces prints from slides and prints, enlargements from prints, prints of three dimensional objects, and non negative proofs. The shop at 801 W Patrick St is open 9 to 6 weekdays and 9 to 3 Saturday, phone 694-6774.
MENTIONED IN THIS ARTICLE
Tom Clark
Tom Clark Photography
W. Patrick St
Frederick
Fuji
Clark
Patrick St
Market summary from January 3, 1995 trading session
The Dow Jones average closed at 3838.48 with a 4.04 point rise. Trading volume reached 263,080,000 shares. Gold priced at 379.56 with quotations supplied by Ferns, Baker Watts Inc.
MENTIONED IN THIS ARTICLE
Dow Jones Industrial
Olume
New York
Ferns, Baker Watts Inc
Dow Rises 4.04 Points as Inflation Fears Weigh Markets
The Dow gains 404 points to 3,838.48 while many indicators fall amid inflation concerns. NAPM manufacturing index slips to 57.8 in December from 61.2, with price pressures fueling fears of higher Fed rates. Bond prices fall as markets digest the data and plan for upcoming policy decisions. Weichert Realtors hosts a free home buyers seminar January 11 in Frederick. Long & Foster Realty holds a Mount Airy career seminar January 5.
MENTIONED IN THIS ARTICLE
NEW York
Dow Jones
New York Stock Exchange
National Association of Purchasing Managers
Federal Reserve
Central Bank
Also Mentioned on This Page
ED Waters JR
News-Post
Carlos Mejia
Zedilio
Consumer Protection Bureau
Niewera Prebrehive
Chicago
Chicago Board of Trade
IBM
Timothy Jacobsen
Photo Business
Frederick Nems
AllgPwr
Alpha Ind
Altimax
Avemco
Baltge
Bell All
BioWhittaker
Undigd
Citizens Bank
X Corp
Coca Cola
Comsat
Crown Amer
Exxon
Aex Fcnb Corp
Nations Bank
Ae Penney
Pepsico
Potom el
Sears
Wash Gs
Weis
Weichert Realtors
James Melcher
Balestra Capital
Alfred Goldman
G Edwards & Sons, Inc
St Louis
Washington
Treasury
Treasury Department
Long & Foster Real Estate
Mount Airy
Lakeview Drive
ANCE
Joe Grant
Joe
Thes
Lapeestedewa
Renty
Polows
Tredinck
Ipsar
Isten
Reapan
Frederick Underwriters, Inc
Fast Street
Brunswick
Ivan Arch
Souder Road
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