NYSE Closes for Monday July Fifth Holiday
The New York Stock Exchange will be closed on Monday July 5 in observance of a holiday. Markets will resume normal hours on the following trading day.
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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Jul 02, 1982
Page
5
The New York Stock Exchange will be closed on Monday July 5 in observance of a holiday. Markets will resume normal hours on the following trading day.
Graham Engineering Consultants GEC a new Frederick area firm at 9404 Farmingdale Ave Walkersville will focus on construction manage ment and constructability reviews. Owner James Graham cites tighter contract interpretation as motive and notes projects benefit from minimizing modifications while protecting owners. GEC led CM on the American Legion Home project completing within budget and 20 days early, with seven years’ government contract admin experience.
The New York stock market posted a broad decline on Thursday erasing most gains from earlier in the week. The Dow fell 8.66 to 803.27 as volume slowed and oil service and high tech shares led losses. Analysts predict Friday may remain quiet ahead of the Independence Day weekend.
The C P Telephone Co of Maryland filed a tariff with the Maryland Public Service Commission introducing Local Measured Service LMS to charge based on local call use and duration. Residents pay 2.15 to 5.90 monthly for line access plus per call rates. business users gain LMS option alongside existing plans.
The IRS increases efforts to ensure tip income is reported. Tips are taxable and workers must report them. Employees with more than $20 monthly tips must provide monthly tip reports to employers. those under $20 keep daily tip records. Publication 531 explains tips reporting. contact IRS offices or Publication 531 for forms.
Taxpayers facing large tax bills or big refunds may file a new Form W-4 with their employer to adjust withholding. Two income households often move into higher brackets when combined income is taxed jointly. Alimony, deductions, or credits can trigger overwithholding. Read IRS Publication 305 for details and how to claim additional allowances.
John Hanson S&L plans to acquire Harford-Gunpowder Savings & Loan with Bel Air and Edgewood offices. The merger grows John Hanson to two Bel Air branches, boosts assets to about 244 million, and expands its Baltimore Region to five offices after August 1961.
AT&T officials in New York denounce hotel surcharges on international calls as excessive. They cite examples of inflated bills at Berlin and Paris hotels, note surcharges can reach high percentages, and describe Teleplan, a program to cap charges and encourage fixed rates with overseas hotels.
Dr. William Henshaw opens a new 2000 square foot dental office at 23 E Fourth St in a renovated historic house. The project, by Sandower Builders with Frederick Painting & Supply and other subcontractors, fits district standards and plans a later rental of the second story. The practice will offer complete family dental services.
The Maryland Board of Public Works approved contracts for freight rail service Wednesday for four state owned branches. Maryland Midland Railway operates in Frederick and Carroll counties and the contract covers 70 percent of the operating deficit with the remainder from 107 per car. Other contracts cap at 244 440 for the Cambridge Preston Lines and Center Chestertown Lines and 143 400 for the Easton West Denton Line.
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