Inflation quiet but growth weak keeps Fed in easing mode
June wholesale prices rose modestly while core inflation eased, signaling tepid demand. Energy costs surged amid geopolitical shocks, food stayed soft, and the overall PPI showed only a small rise. Fed rate cuts remain possible if the economy slows further as mortgage rates dip and consumer prices edge up later.
MENTIONED IN THIS ARTICLE
Washington (Ap
Labor Department
Ron Schreibman
Ice
National Association of Wholesaler Distributors
Iraq
Kuwait
Indea
Mark Zand
Regional Financial Associates
West Chester
Federal Reserve
Fed
Federal Home Loan Mortgage Corp
Labor Department 15
Local engineer wins competition in Washington contest
Mount Pleasant engineer Jeff Ridall of Kamber Engineering won first place in the hand drafted civil engineering category of the Consulting Engineering Council of Metropolitan Washington annual contest. He also earned an honorable mention in the hand drawn mechanical drawing projects category. Ridall, a 198 Frederick area graduate, has previously won drafting awards in 1988 and 1989. The Gaithersburg firm is noted for civil engineering and environmental work.
MENTIONED IN THIS ARTICLE
Jeff Ridall
Mount Pleasant
Kamber Engineering
Consulting Engineering Council
Metropolitan Washington
Walkersville High School
Frederick Community College
Ridall
Market rises as inflation news boosts Wall Street
New York stocks advanced Friday with the Dow up 648 to 3330.56 and the S P 500 at 414.62. Advancers led decliners about 3 to 2 on the NYSE as investors processed inflation signals and yen strength. The Nasdaq edged higher while the Dollar traded firmer against the yen at 125.78, matching a week end with mixed overseas notes.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Standard&Poor
TOEV
Tokyo Stock Exchange
Hech
Dow Jones Industrials
IBM
Kmart
NEW York Gold
Litton
Pwr
Hy Lowes
AMAX
ATT
He Loyola Corp Avemco
Mercantie BioWhittaker Bukshipte
Citizens Bank
Moore Corp Lin
CSX Corp
Hahons Bank
S Comsal Als
Potom el
Exxon Sears
Fcne Corp
Market Reports Show Mixed Futures and Live Stock Prices
The Chicago Board of Trade futures for wheat oat soybeans and corn mixed with minor gains and steady quotes. Livestock prices for cattle calves hogs and sheep display varied bids with belows and highs across standard grades and weights.
MENTIONED IN THIS ARTICLE
Chicago Board of Trade
Westminster Hay Auction and Livestock Sale July 7 1992
Readable lists of sale items and prices from Westminster and Hagerstown livestock auctions. Includes hay types bales grasses and commodities, cattle cows steers heifers bulls calves hogs goats sheep lambs and stock pone. Prices shown per unit or weight with numerous lot numbers and lot sizes. leading consignments include cattle and hogs with varied weights and grading.
MENTIONED IN THIS ARTICLE
Hagerstown
Butchfr Cows Utility
Dawn Farm
Cales Holswin
Woodsboro Butcher Cows and Calves Price List
Woodsbory butcher Cows medium good figures listed 470 to 5275 canners 39004700 Shelly 3900 down shows steers heifers stock cattle steers one bulls veal calves prices 30 to 65 farm calves Holstein heifers up to 18750 bulls to 1520.
MENTIONED IN THIS ARTICLE
Westminster
Woodsboro
Job cuts at Chesapeake & Potomac in Maryland
Baltimore AP reports about 470 jobs will be cut at the Chesapeake and Potomac Telephone Co of Maryland as Bell Atlantic Corp downsizes. Bell Atlantic aims to eliminate 3,450 jobs across seven telephone companies by Christmas, below earlier forecasts of 4,000 to 6,000.
MENTIONED IN THIS ARTICLE
Baltimore
Chesapeake & Potomac Telephone Co
Maryland
Bell Atlantic Corp
Bell Atlantic
Earler
Also Mentioned on This Page
Thomas Reedy
West Patrick Street
Frederick
Don
South Carroll Street
Reedy
Kamber Engineering Is A
Civid Engineering and Environmental Firm
Gaithersburg
Marsland
David Martin
Metro Campers Paradise Inc
Finksburg
Nikkei Down
Ancia
Santa N
Kzbasics
Central Maryland
Farm Market Reports
South
SB Sbs
Jan Sps
SOM
Npe
Rick i
Atfalfa
Wests
Sy Westminster Livesi
Frederick County
Ausherman
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