Stock rally lifts market despite mixed volume
Stock prices rose broadly led by the Dow up 19.90 to 1,930.04 as NYSE volume neared 166 million shares. Major indices gained with the S and P 400 up 4.39 and NASDAQ up 2.56 while Wilshire 5,000 rose 1.30 percent to 2.49 trillion. Legislation in Maryland seeks broader protections for corporate officers from stockholder lawsuits.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Standard & Poor
S&p
American Stock Exchange
Wilshire Associates
Thrift bill would let savings and loans become credit unions
Annapolis AP reports a bill from the House Economic Matters Committee would let Maryland state charted savings and loans facing extinction convert to credit unions as a fourth option besides obtaining federal insurance, merging, or closing. 39 insured S&Ls have until July 1 1989 to act under current law. Philip D. Topper received a 25 years service award from Farmers and Mechanics Bank president Charles W. Hoff II.
MENTIONED IN THIS ARTICLE
Annapolis
Maryland Deposit Insurance Fund
House
Philip D. Topper
Farmers and Mechanics National Bank
Charles W. Hoff II
Women entrepreneurs sought venture capital program
The National Association for Female Executives NA Fe plans seed and expansion funding of 250000 this year for member women owned businesses. The deadline is April 1 for plans. Contact 1041 Third Ave New York NY 10021 or (212) 371-0740. A two day subdivision development seminar February 16 17 at University of Maryland costs 125 for members 175 for non members. Call (301) 774-5900 for info.
MENTIONED IN THIS ARTICLE
National Association For Female Executives
New York
Wendy Reid Crisp
Nafe
Ms. Crisp
Association
NAPE
Third Ave
University of Maryland, Center of
Realtors Land Institute
Americans Savings Rate Drops to 40 Year Low in 1987
Washington report shows after tax incomes rose 1.2 percent last year, the smallest since 1982, while the savings rate fell to 3.8 percent, the lowest in four decades. Economists warn weak consumer spending could slow growth and threaten a recession as import prices rise and inflation climbs.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Lawrence Chimerine
Wefa Group
Chimerine
U.S
United States
Labor Department
Phoenix opens contractor store on Md 355
Phoenix Inc opens an 8000 square foot contractor and DIY store at 5708 Urbana Pike across from United Concrete Products. Cecil White will manage. The store carries 1500 products with up to 3000 more on request and offers delivery via block and stake trucks. It features a contractor room, TV VCR demonstrations, and accepts Visa cash checks or charge accounts.
MENTIONED IN THIS ARTICLE
Phoenix Inc
Urbana Pike
United Concrete Products
Cecil White
Phoenix Petroleum Division
Raymond Venema Jr
Phoenix
Also Mentioned on This Page
Maryland
Annette Lien
By Sally Lehrman
San Francisco Examiner
Sovran
Equity Mortgage Corporation
Weatties
Towson
Frederick
Severna Park
Cynthia Latta
Data Resources Inc
Ed Waters Jr
Superior Concrete
LeGore
National Bank Region No
Frederick County National Bank OF
Federal
Bfs
Total Assets
Equity Capital
Capital
A. Patrick Linton
C.I.U
James M. Murphy JR
Ramsburg, JR
Glenn E. Syens
Directare
Travel Consultants, Inc
Ask
Mr. Foster
Foster
Loca
East St
Patrick St
First Securities
Iras
Wheat First Securities
West
Patrick Street
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