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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Jun 26, 1981
Page
8
The News of Frederick reports on local business and finance trends for Friday June 26, noting market movements in Frederick County firms, banking updates, and economic indicators affecting small businesses. Key entities include local banks, chambers, and prominent firms.
OPM Director Donald J. Devine tells a luncheon group that the broader goal is economic expansion, not retrenchment, and outlines efforts to aid displaced workers. A computerized referral service in Washington and private-sector placements are planned to ease RIF impacts. DIVIDEND ANNOUNCED Paul G Adams II announces a 20 cent quarterly dividend from First American Bank of Maryland payable July 24, 1981 to shareholders of record June 30, 1961.
Frederick County boards and chamber unveil Economics for Young Americans a six year old program now reaching 12 million students nationwide. The initiative uses filmstrips tapes illustrated scripts guides and worksheets to teach competition productivity job prep and more with classroom visits from local business readers stimulating discussion and insight.
Stocks drifted in a narrow range as precious metals fell with gold dropping to 444.90 and silver to 9.46 an ounce. The Dow slid to 996.77 while the NYSE composite rose slightly. Conoco and Cities Service saw a takeover bid impact, and AT&T won FCC approval to raise rates, adding about 725 million dollars in yearly earnings.
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