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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
Jan 21, 1988
Page
6
A new cafe Stars American Bistro and Bar has opened at 112 EB Patrick St Frederick. Bill Mitchell and Bob Berenengen run the venue with Cornucopia Catering, offering sandwiches named after films plus salads soups quiche pizza and pasta and a large beer and wine selection.
The Carroll County Chamber of Commerce will host its monthly breakfast from 8 to 9 40 a.m. Tuesday January 26 at Friendly Farm Restaurant. Ken Bowser of People Builders will speak on goal setting. Cost is $6. Reservations via 848-8050 or 876-7212.
Jimmy McLeod of Cotton Art, with stores in Hagerstown and Frederick, will feature a six color direct screen print skateboard design in Impressions Magazine. The piece showcases the studio’s silk screening prowess and adds a standout item for the trade publication’s audience.
Chicago futures markets show Wheat and Corn active with varied by bushel prices. Wheat March at about 3.28, May near 3.27, Sep around 3.26, Dec 3.31. Corn near 2.00 to 2.25 with Mar and May activity and open interest totals reported. Total Tuesday sales and open interest cited.
Alex Brown Inc, parent of the nation’s oldest investment banking firm, reports 1987 revenues of 298 million, up 14 percent from 1986. Net earnings total 20.6 million, down 7 percent from 22.1 million. Fourth quarter earnings reach 374 thousand versus 6.5 million a year earlier.
F&M Bancorp parent of Farmers and Mechanics National Bank Frederick reports record earnings and loan levels for year ending December 31 1987 Fourth quarter earnings 1 016 300 056 per share versus 1 260 600 070 for 1986 Year end earnings 5 369 800 2 96 per share up from 5 234 700 2 92 1986 earnings per share restated for 5 percent stock dividend May 18 1987 Deposits fell to 92 808 000 while net loans rose to 276 427 000 and total assets declined to 454 329 000 Reflects a one time $52 million deposit spike in 1986 due to local dairy cooperative sale Comments from president Charles Hoff note 1987 corporate HQ move and anticipated growth in 1988 Baltimore port expects to ship 450 000 cars and trucks in 1987 Citizens Bancorp reports net income up 12 percent to 29 9 million or 9 91 per share for year ending December 31 1987.
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