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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Mar 08, 1984
Page
14
The market fell for the third straight session as investors worried about the federal budget deficit and rising interest rates. The Dow Jones Industrial Average declined, extending a week’s losses in early trading amid cautious sentiment.
NYSE volume rose to 90.08 million as Gulf Oil tumbled to 64% amid takeover speculation facing government opposition. Exxon, Mobile, Occidental slipped while Standard Oil of Indiana advanced. Anta Corp rose on liquidation plans. Dr Theodor Wallau to speak on East West relations at Antietam Junior High March 15 with entry 2 dollars students seniors 4 dollars general.
Washington AP reports Standard Oil of California's 13.2 billion takeover bid for Gulf Corp has lawmakers pressing to halt oil company mergers. Senators Nickles Johnston Metzenbaum Seiberling push for moratoriums, House hearings set for March 21 and April, with multiple firms named as possible targets.
A Small Business Administration study finds small firms with under 100 employees hire more women and younger and older workers, are open to part time work, and consider unemployed job seekers. The analysis, first of its kind by firm size, says two of every three new workers get their first job at a small business.
GarrisoS. McFadden president of International Longshoremen's Association Local 333 filed a complaint against a union international official over a dispute during a recent Baltimore port strike. He sent the letter to the union's New York headquarters detailing the issue.
CBS Radio Network remains number one in weekly listeners with 24.3 million, ahead of ABC Information by about 4 million, and dominates top sponsored programs. Radar 28 notes a & percent rise in average adult 18 plus quarter hour audience to 1,242,000 and 25-54 audience to 635,000, reflecting strong affiliate success and ongoing news, information, and sports offerings.
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