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News in Frederick, Maryland

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Jul 27, 1982

Page

5

Executives appointed in regional business expansions

John D. Connell of Frederick becomes an investment executive with Ferris & Co Inc as part of regional expansion. He is a Georgetown and Boston University graduate and previously with Merrill Lynch. David Rutherford of Brook Lane Psychiatric Center was appointed by the Washington County Board of Commissioners to the Western Maryland Health Systems Agency. Bendix Corp named a high level tech council including Dr. Harold Brown Dr. William J. Perry and Dr. Leroy E Hood. Richard N. Woods of Bendix Advanced Technology Center received the Profession Development Person of the Year award from the National Association of Purchasing Management. Tammy Lee Schubel joined Red Carpet Monocacy Valley Realty. Thomas E. Plank was appointed assistant attorney general and counsel to the Department of Economic and Community Development.

John D. Connell Frederick Hagerstown Ferris & Co. Inc Montgomery County Connell Georgetown University Boston University Ferris Merrill Lynch David Rutherford Brook Lane Psychiatric Center Washington County Board of Commissioners Western Maryland Health Systems Agency Bendix Corp Southfield Mich Ian Advantad Taehnatnoy Connell Harold Brown U.S Tammy Lee Schubel White Rock Red Carpet-Monocacy Valley Realty Middletown Thomas E. Plank Department of Budget and Fiscal Planning Department of Economic and Community Development University of Maryland School of Law Princeton Arnold Robert Murphy Stary

Chamber plans and finances hint at a busy 1982

The Frederick chamber outlines a packed fall agenda including energy projects with Maryland Extension Service, small business outreach, and seminars with Rennnomir & Community Development Commission. It promotes education partnerships, fraud workshops, and a county management series. A family picnic, 70th anniversary dance, and tourism support are noted. First Maryland Bancorp reports Q2 and H1 earnings up modestly from 1981, with per share increases.

Jack Mason Frederick Maryland Extension Service Rennnomir & Community Development Commission Frederick County ECDC F&m Bank Fredericktown Bank & Trust Co Agri-Business Committee William R. Kiser Man Capital Milk Producers Coop League of Women Voters Business & Professional Women's Club Politickin Maryland Senate Singanore Recreational Center Kirk Hugh Phillips U.S. 15 Emmitsburg Kitty

Market slips as rate outlook dampens Wall Street

New doubts about the interest rate path push stocks lower in thin trading. The Dow falls 5.13 to 825.44 as volume drops. banks trim prime from 16 to 15 percent. Bond prices slide while Treasuries rise. several issues hit on weak earnings and the NYSE composite declines.

NEW York New York Stock Exchange Hanover and Chemical Smith Barney Harris Upham & Co Treasury NYSE Standard & Yoors Index View Industrials S&p

CPI Debate: Inflation Persists While Retail Sales Languish

New York experts split on CPI as inflation trends show decline yet retail sales stay weak and interest rates high. Albert Sindlinger argues CPI underreports true costs because essential expenses rise and discretionary items drop, keeping inflation alive in households' budgets. He warns lenders view spreads as illusory and question the official figures.

Albert Sindlinger Sindlinger Media Ornery

Money Market Funds Outperform Most Investments in Survey

Money market mutual funds posted about 15 percent returns over the year to May, beating bonds and most assets. Oil and housing rose modestly while many assets including stocks, gold, oriental rugs, and other collectibles fell. Assets in money funds rose to $204.4 billion with over 12 million shareholder accounts.

Salomon Brothers Money Market Mutual Money Market Balumen David Silver Investment Company Institute National Association of Mutual Funds U.S

Upjohn Sales Dip in Second Quarter 1962

Upjohn Co reports 1962 Q2 sales of 475.8 million, down 7.4 percent from 1981. Net earnings for the quarter fall 14.4 percent to 38.4 million, or 1.78 per share, vs 4.8 million or 1.49 per share in Q2 1931.

First Maryland Bancorp First National Bank of Maryland First Maryland Baycorp Upjohn Upjohn Co Baker, Watts & Co

GE to Acquire Network Consultants in Banking Services push

GE Information Services plans to acquire Network Consultants Inc. of Chicago for 3.5 million dollars with up to 3.15 million more based on performance. The deal, awaiting corporate approvals, aims to broaden GE’s banking software offerings and expand services to wholesale banks through the Rockville based unit.

General Electric Information Services Co Rockville General Electric Co Network Consultants Inc Network Consultants GE Information Services Neersee Gregory J. Liemandt United States Banking Systems Inc Dallas Software International Corp Andover Mass LT Consulting Services Corp Lambda Technology Inc New York Energy Enterprises Denver Lie- Mandt Jack Liess

Also Mentioned on This Page

Rutherford Woods First National Report Armstrong Mannington Kentile SMART Stansbury Watts & Co Adorees Chicago Frederick County National Bank Restmremt Ave B. Frarteh Samasz Peeceseut Peectneas Weseme B Wae Lily
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