OPEC weighs new body to coordinate oil sales in Vienna
OPEC delegates in Vienna discuss forming a new marketing body to coordinate oil sales for the 13 member nations. Subroto says the aim is stable income and market share, while maintaining a $28 a barrel base price and current production quotas. Libya and Mexico weigh prices and production moves as ministers seek unity amid slumping earnings.
MENTIONED IN THIS ARTICLE
Vienna
Austria
OPEC
Subroto
Oi Producers’ Organization
QPEC
Organization of
Marico
Miguel de la Madrid
Francisco Labastida Ochoa
Notimex
Mexico
Ochoa
Libya
Franz Shaxshuni
Reyateing Crema
Bol
Saudi Arabia
Oilrich
Saudia Arabia
Nigeria
Rotorex Compressors Enable Near Zero Vacuum Systems
Rotorex Co near Walkersville supplies rotary compressors that generate ultra low temperatures for near perfect vacuums in high tech uses. Modified rotaries tolerate cryogenic conditions, replacing complex pumps and extending system life. Major manufacturers favor Rotorex for broad displacement ranges and durable performance. Contact Ernie Camche at Rotorex for more information.
MENTIONED IN THIS ARTICLE
Rotorex Co
Walkersville
Rotorex
Ernie Camche
Rotorez Co
Social Security earnings test explained for Frederick residents
Social Security manager William E. Goodman in Frederick advises recipients to review earnings mid year. The 1985 annual exempt amounts are 7320 for ages 65 to 70 and 5400 under 65, with a 1 dollar withheld for every 2 dollars earned over the limit. A monthly test allows benefits if earnings stay under the monthly limit of 610 for 65-70 and 450 under 65. Contact the Frederick Social Security Office at 912 East St or call 663-5124 for details and a free leaflet.
MENTIONED IN THIS ARTICLE
Frederik
William E. Goodman
Frederick
Goodman
Social Security
Frederick Business and Professional Women’s Club Inc
American Legion Post
Taney Avenue
Kitty Reed
Chamber of Commerce of
Frederick County
BPW
Helen Biser
Alice Houck
J. Lynn Daugherty
Two Garage Founders Enter Chesapeake Spice Market
Chesapeake Bay entrepreneurs Joseph Bernard and Michael Pressbach launched Wye River Seasoning, offering two seafood blends, red and black, aimed at expanding the $10 million annual seafood spice market. They contract with Baltimore Spice to blend and can the product, targeting 1,600 Maryland area stores and beyond, while competing with Old Bay.
MENTIONED IN THIS ARTICLE
Kent Island
Joseph L. Bernard
Wye River
Louisiana
Texas
Bernard
Michael Pressbach
Baltimore
Baltimore Spice Co
Old Bay
Chesapeake
Chicago
Maryland adds delivery dates for furniture and appliances
The Maryland attorney general announces a new law effective July 1 requiring merchants to provide estimated delivery dates on all furniture and household appliance orders. Consumers may cancel and reclaim deposits if the promised date passes without delivery, with exceptions when delays are caused by manufacturers. Dealers must inform customers of new dates in writing if cancellation is not possible.
MENTIONED IN THIS ARTICLE
Stephen H. Sachs
Maryland
Broad stock market rally in slow trading on Friday
A broad market rally followed a decline in rates as trades slowed to the year’s weakest pace. The Dow gained 8.08 to 1334.45, the NYSE volume was 62.45 million, and major indices including S&P 400 and NASDAQ rose modestly amid steady unemployment and softer payroll data.
MENTIONED IN THIS ARTICLE
New York
Lake 1
New York Exchange
Labor Department
Nys
Foence
American Stock Exchange
Giant Food chief denies sale reports amid stock trading pause
Israel Cohen chairman of Giant Food Inc denied a Washington Post report that the chain was on the selling block. He said the company is not for sale and there have been no discussions. Trading was delayed on the American Stock Exchange pending his letter to employees. Cohen noted the right price could prompt talks, estimating $34 a share on 20 times earnings for a $1 billion value. Giant operates 134 supermarkets and plans 23 new stores in three years.
MENTIONED IN THIS ARTICLE
Arabia
OPEC
Paul Mlotok
New York
Ralph Brunn
Baltimore Spice
Old Bay
Gustav Brunn
Bernard
Salisbury State College
Giant
Cohen
American Stock Exchange
Washington Post
Securities and Excahnge Commission
Florida
Chevy Chase
Also Mentioned on This Page
ED Waters JR
the News
Mid
U.S
Brown & Williamson
Philip Morris
A.J. Reynolds
Lorillard
Maxwell
Delaware
Virginia
Pennsylvania
Washington, D.C
Old Bay’s
Consumer Protection Divi
Sion
Dow Jones
Newre
London
Avemco Corp
Bell
CSE Corp
Clorox
Comsat
Mane Enxon
Fairchild Ind
F&m Bancorp
Fst
MD Bre
Gen Motors
Genex
GeoStar
Hech
Hewl P
IBM
I Kmart
Litton
Andgd
Lowe's
Roker Watts & Co
Wall Street
Treasury
Frederick Bpw
Woodsboro
Rosebud Inn
Gershberg, Honeyman & Pearl
Title Building
Paul S . Baltymore
Kidder, Peabody CO. Incorporated
Holiday Inn
Venice
Hagerstown
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