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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Jul 18, 1987
Page
4
The Commerce Department reports housing construction fell 0.7 percent in June marking a four month decline the longest since 1981 and the lowest pace since August 1984. Analysts see relief as mortgage rates ease from spring peaks.
The Senate rejected dropping 365 million dollars in sugar payments from the trade bill, despite Reagan administration opposition. Senator J. Bennett Johnston warned of job losses as the provision survived 49 to 44. The vote followed a prior rebuff on a tobacco export subsidy costing an estimated 39 billion over five years as the debate on the massive bill continued.
Baltimore Gas and Electric Co. posted six month common stock earnings of 115.3 million dollars or 1.46 per share for the period ending June 30, up from 140.7 million dollars or 1.41 per share a year earlier. For the year ending June 30, earnings totaled 252.3 million dollars or 3.21 per share, versus 232.8 million dollars or 2.96 per share in the prior year.
The Metro Washington Chapter of Associated Builders and Contractors hosts a seminar titled Winning by Negotiation from 9 am to 4 pm on Tuesday July 28 at Crowne Plaza Holiday Inn Rockville. Registration is 130 dollars, focusing on contract arbitration and negotiation. information line (301) 731-6200.
AVEMCO Corp Frederick reports 1987 Q2 net earnings of 4.8 million or 51 cents per share. First half earnings total 10 million or 1.04 per share with six month operating income of 9.4 million, up 97 percent from 1986.
The seminar runs two days with sessions 1 3 p m on Friday July 24 and 7 am to 3 pm on Saturday July 25 at Craftmasters Training Facility. It costs 250 for ABC members and 275 for non members. Led by Paul Ridilla a nationally known construction consultant. Call (301) 731 6200 for more information.
A Chicago expert argues lean times revive workaholism, boosting the bottom line. Executives praised for hard work risk burnout and ethics slips, while others urge balance. Notables like Cox and Challanger discuss redefining productivity and success beyond the clock.
A devotional meditation recalling Jesus the Christ, the Word made flesh, and God’s gift of grace through His Son. It cites biblical figures and kings, urging readers to accept the messenger of the Lord into their hearts, with Amen and praise to El Shadday.
At the East Street Gym in Frederick Mayor Ronald N. Young tests an exercise machine during the gyms grand opening this week. The facility offers weight training and aerobics guided by co-owners Rock Stemple Garnetta Masser with Margie Rinehart absent. Information line 695 4768.
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