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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Jan 08, 1999

Page

6

Last minute rally saves Dow from deeper slump

A late surge trimmed losses on Thursday as the Dow Jones closed down 7.23 at 9,597.76 after a session that saw the Dow fall to near 120 points earlier. Nasdaq rose to 2,326.09, with Internet shares lifting sentiment while oil and bank equities fluctuated on cautious commentary from Goldman Sachs, Rivlin, and Brazil debt news.

New York Dow Abby Joseph Cohen Goldman, Sachs & Co U.S Federal Reserve Alice Rivlin Brazil New York Slack Exchange Hugh Johnson First Albany Com Cohen Goldman Sachs Wall Street U.S Mr. Johnson Morgan Stanley Dean Amazon.com Lycos IBM Aptiva Standard & Poor Wednesey American Stock Exchange Tokyo London CAC Paris DAX Frankfurt

Grain and soybean futures dip on weak export data

Grain and soy futures settled lower on the Chicago Board of Trade as poor export sales weighed on soybeans and weather forecasts for South America. Wheat edged up on stronger demand expectations. corn and oats fell slightly, while hogs and pork belly contracts moved higher on anticipated policy aid and consumer cost shifts.

Chicago Chicago Board of Trade South America Cat Tle USDA Congress

Rockville Plant Faces Shutdown If Decommission Plan Fails

Neutron Products Inc may be forced out of business by mid April unless owners raise 900000 and present a decommissioning plan for the Cobalt 60 plant. State officials say the plant must meet decommissioning costs and satisfy regulatory requirements amid ongoing local health and safety concerns.

Rockville Neutron Products Inc Citiens Jean B. Cryer R-15 Robert Field Ransohoff Field Maryland Department of the Environment MDE Merrylin Zaw-Mon

Satellite Video Production wins five Prova Awards

Frederick County firm Satelite Video Production of Walkersville led by Fred and Ellen Berner earned five Prova Awards from the Association of Video Professionals at the international conference in Pittsburgh. honors included APA Logger of the Year for the American Pulpwood Association, Frederick County Chamber of Commerce business card exchange video, That Was Then This is Now for Farmers & Mechanics National Bank, and instructional videos for producers.

Satellite Video Walkersville Association of Video Professionals Ellen Berney Satellite Sharon W. McMillan Stephen A. Short Association Mangers Fred Berney Frederick County Fred Ellen Berner Pittsurgh APA American Pulpwood Association Chamber of Commerce of Farmers & Mechanics National Bank

Leave a Legacy seminar set January 25 in Frederick

Frederick County will host the third Leave & Legacy professional development seminar from noon to 1 30 p m on Monday January 25 in the 44 North McKinsey Room 44 N Market St Frederick David Keister vice president and estate planning specialist with FNB Trust will discuss retirement plan distributions He holds degrees from Roanoke College and a law degree

Leave & Legacy Frederick County North McKinsey Room N. Market St Frederick David Keister FNB Trust Keister Roanoke College University of Virginia School of Law University of Baltimore School of Law Farmers & Mechanics National Bank Fcnb Bank First National Bank of Maryland First United Bank and Trust Fredericktown Bank and Trust Co

Travel tourism industry reports outstanding year

Travel industry data from a Travel Industry Association of America release show 1997 as a record year for U S travel and tourism. Domestic and international travelers spent over 562 billion dollars, a 6 percent rise, generating more than 7.1 billion in tax revenue for federal, state and local governments in 1997.

Travel Industry Association of America U.S United States

Alcoa Eastalco aims for 125 early retirement takers

Alcoa Eastalco Works seeks 125 workers to opt for early retirement after 117 had volunteered by mid month. The plant, employing about 800, reorganized after Alcoa purchased Altmax for 3.8 billion, planning further cuts and a 150 headcount reduction.

Alcoa-Eastalco Alcoa-Eastalco Works Earl Robbins Worth Alcoa Altmax Eastalco Bilion

Ames Stores reports increased net sales

Ames Department Stores announces a five week period ending January 2 net sales of 374 million, up 10.8 percent from the prior period. For the 28 week period ending January 2, net sales reached 22 billion, up 8.9 percent. Noland Co declares a dividend of 8 cents per share payable to shareholders of record January 21.

Ames Stores Ames Department Stores Noland Co

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