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News in Frederick, Maryland

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Jun 22, 1993

Page

13

Maryland S&Ls post profit rise in first quarter 1993

Maryland savings and loan profits climbed in Q1 1993 as favorable rates drew investors back. State thrifts earned $40.8 million in the quarter, with overall Maryland S&Ls well capitalized aside from a single lender facing capital concerns. Nationwide thrifts posted record first quarter profits despite 10 percent still on government problem lists.

Baltimore Maryland Savings and Loans S&ls The Baltimore) Daily Record Maryland Second National Federal Savings Bank Standard Federal Savings Bank Sheshinoff Information Services Savings & Community Bankers of America S&l Office of Thrift Supervision

EC Leaders Urge Tough Steps to Boost Competitiveness

At a Copenhagen summit British Prime Minister John Major pressed the 12 member EC to cut labor costs and ease hiring rules to recapture competitiveness. Delors outlined an eight point plan to boost R D and public works while member states pledged broader access for goods from Poland Hungary the Czech Republic Slovakia Romania and Bulgaria.

Copenhagen Denmark United States Japan John Major Major Western Europe Niels Helveg Petersen Nity Europe Delors Poland Hungary Czech Republic Slovakia Romania Bulgaria

Tsutsumi Still Richest Individual In World

Forbes annual billionaires list names 59-year-old Japanese hotel and railroad baron Yoshiaki Tsutsumi as the richest, with a fortune near 9 billion from a Kokudo stake. Walton family tops wealth among families at 25.3 billion, while Bill Gates is the richest individual in the United States at 7.4 billion.

New York Forbes Magazine Yoshiaki Tsutsumi Forbes Walton Wal-Mart Tsutsumi Seibu Lions Kokudo Microsoft Corp Bill Gates

Major U S Airlines Cut Domestic Fares Amid Northwest Push

United American and Delta lowered prices on routes competing with Northwest Airlines by up to 30 percent, matching Northwest’s discount after its Saturday move. In Detroit and Minneapolis discounts run about 20 percent as Northwest seeks funds to avoid bankruptcy.

United States Helveg Petersen Western Europe Bosnia- Herzegovina Jacques Delors Japan New York Northwest Airlines United American Delta Detroit Minneapolis Northwest

Scholarship drive targets 50000 for Maryland Tomorrow program

The Private Industry Council of Frederick County spearheads a drive to raise 50000 for the Maryland Tomorrow Scholarship Program. Board members will seek support through July 22. In 1992-1993 the program enrolled 180 students with 26 graduates, starting with a 6000 contribution.

Private Industry Council Frederick County Maryland Tomorrow The Community Foundation Marie Keegin Kitty Reed Carol Campbell Margaret Radtke Marie S. Keegin Frank Weihmeyer Sue Ann Yingling Alexis Allenbeck-Cissel Bonnie Gann Lee Frazier Marc Jordan Ann Burnside Love Terry Palm Bob Twemey Don Waskom Mary Dudderar Debbie Schmidt

Whites More Likely to Own Homes in Federal Report

A Census Bureau and HUD release shows whites own homes at 68 percent while blacks and Hispanics rent more, highlighting income gaps. Median owner income was 34,800 versus 18,700 for renters, with home ownership rising with age and family status.

Washington Census Bureau Department of Housing and Urban Development Langston Chick Silver Spring Timothy Grall United States

Also Mentioned on This Page

Chevy Chase Federal Savings Bank Citizens Savings Bank Equitable Federal Savings Bank Wheaton Rok New Ian Frederick Lara Demedite Gferal WCRA County Chamber of Chamber of Commerce Chamber Services Chamber Membership Arthur W. Boyce P.A West Patrick Street Acupuncture Center of Thomas Johnson Medical Center Houng King CMD Franklin Y Lee Thomas Johnson Drive Bell Atlantic Mobile Ar Md Eastern Shore Business Radio Aie
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