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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 23, 1992

Page

7

Loss of Hershey plant topic of county talk

Frederick County officials and the Chamber of Commerce revisit Hershey Pasta Plant loss to Winchester. A nine month old letter from Hershey officials praised local efforts but pointed to site differences. Officials aim to meet with Hershey’s liaison to learn from the decision.

Hershey Frederick County Chamber of Commerce Winchester Salisbury Glenn Zearfoss Hershey Pasta Group Maryland Zearfoss Virginia Bernard L. Grove Chamber Frederick Grove Sue Ann Yingling Zeartoss

Treasury Bills Rise to Highest Level in Two Weeks

The Treasury Department auctioned 11.7 billion dollars in three month bills at an average discount rate of 3.67 percent, up from 3.66 percent. Another 11.6 billion dollars in six month bills sold at 3.77 percent, up from 3.75 percent.

NEW York New York Stock Exchange Standard&Poor Standard&Poor’s Washington Treasury Treasury Department

Winkler elected to bank board

Thomas R. Winkler was elected to the board of Farmers and Mechanics National Bank and FEM Bancorp, the eighth largest Maryland bank. He is bioscience executive with prior roles at BiowWhittaker, Abbott Laboratories, and Johnson & Johnson, and holds economics degrees from Hamilton University? Rutgers and Syracuse study noted. He resides in Frederick with his wife and two children. the bank president praised his economics training and sales experience as assets for governance and competition.

Thomas R. Winkler Farmers and Mechanics National Bank FEM Bancorp Winkler BiowWhittaker Inc Walkersville Foiming BioWhittaker Abbott Laboratories Chicago Johnson & Johnson Somerville Hamiline University Rutgers Syracuse Unversities Rotary International United Way of America Jeanne Bussard Center Frederick County Charles W. Hoffi

J C Penney Deceptive Jewelry Pricing Lawsuit

In Raleigh the North Carolina attorney general accuses J C Penney of inflating jewelry prices and advertising fake discounts. The suit, to be tried in Wake County Superior Court, alleges about 49 North Carolina stores used inflated regular prices with biweekly discounts. Penney denies the allegations and cites compliance with laws and policies. The investigation followed complaints from customers and other jewelers.

Raleigh N.C J.C. Penney State Attorney General Wake County Superior Court Kip Sturgis Duncan Muir Dallas No Carolina Attorney General's Office North Carolina Muir Sturgis Attorney General

Small firms upset at new filing fees in Maryland

Maryland raises annual stock corporation filing fee from 40 to 100 effective July 1, affecting about 110000 businesses and raising 6.1 million for the state. Small business owners like Jackie Potter of Edgewater and Stella Cox of Wizard Video criticize the increase, though state officials note few complaints and highlight legislative action.

Annapolis Maryland General Assembly Jackie Potter Business Services Diversified Edgewater State Taxation Department Muth Terry Dolbow

Grain futures update from Chicago Board of Trade

Chicago Board of Trade quotes show July corn at 251, Sep 248, Dec 250 and March 265 with minor changes. oats trading around 192, soybeans fluctuating near 60s to 61 with several contract values. Friday sales and open interest noted with totals for oats and soybeans, reflecting active trading in grain futures.

Also Mentioned on This Page

Richard Kerns News-Post NEW York Gold Alig Pwr Fcnb Corp F&m Bancorp First Bank of Frederick Giant Foods GTE Corp IBM Kmart Life Technologies Latton Lowes Loyola Corp Penney Institute of Certified Financial Planners CFP CEP Borah Vass THE Institute OF Certifiedcial Planners Vaso Associates Itan SEC & State of Clvi W. Patrick St Seinen I . News Post Mason Stock Legg Mason Mutual Legg Mason Financial News W. Patrick St. Frederick Citizens Savings Bank Bethesda Chevy Chase Damascus Flower Hull Gatthersburg Frederick Branch Kenington Olney Potomac Quince Orchard Rockville Silver Spring Wheaton Glenmont White Oak Fri Iar Equity Hor College First General Mortgage Company First Virginia Bank Marcy Priester Rockville Pike America Glessner Alarm & Communications East Patrick Street Bank OF Brunswick W. Potomac St Brunswick Bowis Drive Rocka F.D-10
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