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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Jun 25, 1992
Page
26
The New York stock market posted scattered gains for a second straight session as lower interest rates supported modest advances. The Dow rose 5.08 to 3,290.70 while 867 issues advanced and 820 declined on the NYSE amid mixed tobacco stock activity following a Supreme Court ruling on cigarette product liability.
Washington AP reports May durable goods orders dropped 2.4 percent to 119.5 billion dollars, the sharpest fall in five months, led by a 62 percent plunge in transportation. Unemployment rose to 7.5 percent, while non-defense capital goods rose 1.4 percent, signaling uneven recovery and potential Fed rate actions.
New woman owned electrical contractor Trebor Contractors Inc opens at 6805 Mountaindale Road Frederick serving residential and commercial customers in Frederick and surrounding areas. Trebor promises fair pricing attention to detail and quality service with free estimates call 898 3347 for information.
Ceresville Mansion near Frederick expands for events with a full time chef Tom Heilman previously of Hyatt Regency bringing diverse cuisine. A 48 by 45 foot ballroom now accommodates up to 175 guests with terrace views and handicap accessible entrances. The Hoaglands and staff collaborate with photographers florists and other vendors to tailor menus and services for weddings corporate events and charity functions. For details call 301 694 5111.
Chicago AP reports mixed grain futures on the CBOT with Wheat and Soybeans trading through July and September contracts. Prices, daily highs and lows, and open interest are listed across Wheat and Soybeans, noting small changes in futures values and activity.
Recycle event features Carpet Video of Frederick among nearly 200 exhibitors from 33 states. The local firm recycles video tapes for reuse and will showcase its products at a two day government buy recycled products initiative show in the area.
The Tokyo Stock Exchange core index resumed its decline after a brief halt, dropping 253.22 points to finish at 15,853.67 as the dollar edged higher against the yen.
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