Farm prices fall but rise from last year in USDA report
US Agriculture Department data show July prices received by farmers declined 0.7 percent from June but are 2.8 percent higher than July last year. Gains in potatoes, cotton, tomatoes and hogs offset drops in beans, corn, oranges and apples. cattle, potatoes, milk and lettuce lifted year-over-year figures.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Department
Agricultural Statistics Board
USDA
Army recruiting pressure grows amid Baltimore shortfall
Army officials report low unemployment and high education in the Baltimore area have raised recruiter stress and spurred investigations. The Baltimore Battalion fell 517 short of 3 262 recruits last year and was behind by 26 in the first half of 1989, with 43 investigations and 14 findings of violations.
MENTIONED IN THIS ARTICLE
Army
Baltimore
Washington
Maryland
District of Columbia
Virginia
Delaware
Washington Post
Senate
Service award presented to Frederick General Cable staff
Karen Wedl, production inventory controller at Frederick General Cable, receives a 10 year service award from plant manager Garland Gordon and plant superintendent Terry Ogle, highlighting long term dedication at the facility.
MENTIONED IN THIS ARTICLE
Karen Wedl
Frederick General Cable
Garland Gordon
Terry Ogle
Rampf to relocate U S plant to Hagerstown area
West German maker of decorative concrete molds plans to move its Rocky Fall New Jersey plant, 13 workers, to Washington County Business Park near Hagerstown. New plant to open by May 1990 with up to 35 employees, mainly machinists and welders, and to serve U S Canada and Latin America as headquarters. Noland Co reports June sales 42.5 million, down 3.4 percent from 1988. Second quarter sales 121.5 million, down 400 thousand from prior year. Six month sales 2264 million up 2 percent.
MENTIONED IN THIS ARTICLE
Bernd Andreas
Rampf
United States
Canada
Latin America
Noland Co
Stock markets hit post crash high on rate cuts
The Dow rose 25.42 to 2660.66 in a broad advance driven by computer program trading and lower interest rates. Bond yields fell to about 7.91 7.94 percent as banks cut prime lending rates. NYSE volume was 166.65 million shares with 1054 advances and 490 declines.
MENTIONED IN THIS ARTICLE
New York
Dow
Federal Reserve
Treasury
Chase Manhattan Bank
Nysev
Wilshire Associates
NYSE
Standard & Poor
Beneficial declares quarterly and annual dividends for 1989
Beneficial Corp directors approve a third quarter 1989 common stock dividend of 55 cents per share to holders of record Sept 1 payable Sept 30. They also set the annual dividend at 2.15 per share on 4.30 preferred stock and declare a quarterly 1.375 on 5.50 convertible preferred, payable Oct 91 to holders of record Oct 2. Mercantile Bankshares reports six month 1989 net income of 2.40 per share, up 20 percent from last year, with consolidated income of 20,831,000. Fredericktown Bank & Trust in Frederick and Potomac Valley Bank in Gaithersburg are part of Mercantile.
MENTIONED IN THIS ARTICLE
Frederick County Association of Realtors
Frederick
Steve Goff
Frederick County
John Parsley
PMI Mortgage Corp
Wilmington, del
Prnewswire
Beneficial Corp
Furlong Baldwin
Mercantile Bankshares Corporation
Fredericktown Bank & Trust Company
Potomac Valley Bank
Gaithersburg
Mercantile
Friendly service keeps Frederick County National Bank customers
Chip Hess notes that personal attention and named greetings remain core to the bank's appeal as it grows. Despite expansion, staff strive to greet customers by name and offer help, highlighting friendly service as a key factor in retaining clients amidst competition.
MENTIONED IN THIS ARTICLE
Frederick County National Bank
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Hagerstown
Noland
Chevy Chase
FSB
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Mercantile Reports
Chip Hess
Frederick Colinty
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