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News in Frederick, Maryland

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Jul 01, 1989

Page

15

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.

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.

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.

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.

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.

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.

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.

Frederick County National Bank

Also Mentioned on This Page

Chicago Chicago Board of Trade Midwest Car Lot Des Moines Iowa Deel Omaha Livestock Omaha Neb Peggy Flanigan Ms. Flanigan U.S Vietnam Hagerstown Noland Chevy Chase FSB West Patrick Street SLAC Mercantile Reports Chip Hess Frederick Colinty FDIC Mary Jane Shields Dolly Easterdity
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