Market Higher As Strong Dollar Lifts Stocks
The stronger dollar eased inflation fears and aided a higher market session with the Dow up 16.05 points to 3510.82. Advancers led decliners about 11 to 8 as traders focused on individual company news despite a cautious mood and lighter volume of about 219.40 million shares on the NYSE.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Standard&Poor
Dow Jones
AllgPwr
Avemco
Altge
E Bell
BioWhittaker
Citizens Bank
Comsat
Exxon
Ts Fedders
Fcnb Corp
F&m Bancorp
Giant Foods
GTE Corp
Paisyne Call
Ye Mercantile Bakshi
Moore Corp
H. Nations Bank
Penney
Pepsico
Potem el
Sears
Serviere
Grain futures slide and rise on Chicago Board of Trade
Chicago AP reports mixed futures on Wheat Corn and Soybeans with varied open highs and lows as traders react to weekly sales and open interest. Wheat edges up led by Sep and Mar contracts while Corn and Soybeans show modest gains and activity volumes rise.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Martinsburg TV Station WYVN Enters Chapter 7 Bankruptcy
The Martinsburg West Virginia television station WYVN, owned by Flying A Communications, has been ordered into Chapter 7 bankruptcy and is unlikely to be sold by a court trustee. WYVN ceased operations earlier this year as the case progressed.
MENTIONED IN THIS ARTICLE
Martinsburg
Wva
WYVN
Flying A Communications
Dana Commercial Credit
F&m Bank of Martinsburg
Frederick Cablevision
Berkeley Springs
W.va
David H Savasten
L Edward Friend II
US Bankruptcy Court
Savasten
T-bills mixed as three and six month rates rise
Treasury sold 12.11 billion in three month bills at 3.10 percent, up from 3.07. Six month bills went for 3.19 percent, unchanged from last week. The gains mark the highest levels since June 7 for both tenors amid mixed wallet demand across the short end of the curve.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Treasury Department
FCNB Bank marks 175th anniversary in Frederick area
FCNB Bank celebrated 175 years with events at 11 offices in Frederick and Carroll counties. Main office guests included historian Kenneth Fogle and Mrs. Glenn Biehl. Bank president A. Patrick Linton presented anniversary books to Biehl and Fogle, with limited copies available. June promotions offered clocks and mugs, and the bank sponsors Baker Park Summer Concert Series.
MENTIONED IN THIS ARTICLE
Fcnb Bank
Frederick
Carroll
Kenneth E. Fogle
Glenn E. Biehl
Biehl
A. Patrick Linton
Brenda M. Main
Christina D. Garr
Fogle
Linton
Biebl
Nevin 8. Baker
Ramona C. Remsberg
Rosemarie J. Adney
Lori L. Leatherman
Kathryn M. Tucker
ACH
Nikkei falls as political turmoil rattles Tokyo markets
Tokyo stocks slide as Japan's political upheaval unsettles investors. The Nikkei 225 dropped 592.11 points to close at 19,212.43 while the yen weakened against the dollar, trading around 110.48 per dollar.
MENTIONED IN THIS ARTICLE
Tokyo
Japan
Tokyo Stock Exchange
Also Mentioned on This Page
California
Prnewswire
Tracer Applied Sciences Inc
Naval Regional Contracting Center
Philadelphia
Naval Electronic Systems Engineering Activity
St Inigoes
Panebinot Rene
First General Mortgage Company
Credttsubsciary
Fest Vigna Bank
Montgomery, Frederick, Howard Counties
Fox
Sonne
The
Frederick News Post
Stock Market Report
IBM
AP Newswatch
AP Agricultural Report
FrederckKton
Shockley Some
Nikkei Down
Hareer Flemminc
Linpa Linton
Fran Len Mann
Mark Srvirson
FCNB
IANA
Martha Fink
FDIC
Fcnb Bank Sie
Ninwsp
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