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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Jul 15, 1997
Page
9
The Dow Jones Industrial Average stood at 7922.98 with a 1.16 point rise. Trading volume reached 485.85 million shares while New York gold traded at 320.70 an ounce with a 0.70 drop.
Corn and soybean futures jumped on Monday on the Chicago Board of Trade as hot dry weather threatens yields in Illinois, the nation’s No.2 corn grower. Wheat futures rose with corn and soybeans. oats and other grains also gained. Live cattle and hog markets showed mixed to lower moves on the Mercantile Exchange.
The Aircraft Owners and Pilots Association in Frederick honored three employees for years of service. Marcy Channell earned 10 years in products and services, Phil Borer the president received recognition, Gary Cramp 10 years in medical certification, and Dotty Clemson 15 years in member assistance.
Big-name computer shares pushed the Nasdaq to a record close for the eighth straight session, while the broader market drifted near unchanged. The Dow gained 1.16 to 7922.98 after erasing a late rally, with Tech stocks like Microsoft and Dell leading the Nasdaq advance. Hewlett-Packard and Compaq helped the Dow, as Raytheon agreed to sell Amana and focus on defense.
The Montgomery County Work force Development Corp will hold its annual awards breakfast on Friday November 14 at the Gaithersburg Hill. Nominations for the awards are being sought to honor businesses individuals or organizations that have significantly contributed to the workforce development effort. For more information call 201-738-0015.
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