Market Decline Persists as Dow Dips Near Two-Year Low
The stock market slid further on Wednesday with the Dow Jones Industrial Average easing 2.48 to 795.85, staying just above a March low. Trading volume reached 48.90 million shares, while analysts cited no new news to reverse the sluggish trend and note a cautious outlook amid high rates and mixed February data. Delta rose 1 percent, United Technologies slipped, and the airline sector showed limited strength as oil prices fell.
MENTIONED IN THIS ARTICLE
New York
Dow Jones
S Leat Fedwerte Venkanranalaman
Sears Roebuck
Airline
Delta
Nai Trans World
VAL 4
United Technologies
NYSE
CSX Corp
Clorox
CocaCl
Comsat
Exxon
Fairchild Ind
GenMotors
GenStar
Giant St
Gulf Oil
Hewi P
IBM
Kmart
Litton
Marriott Corp
Mercantile Md Natl
Cp _Baksler
Noa Phil
H Penney
Sears
Tandy
Texaco
USFG
Warner Smaha
Wash Gs
Whittak
Woolworth
Baker Watts & Co
Frederick
Flying Tigers Begin Cargo Service at BWI Airport
Flying Tigers the world’s largest all cargo airline has begun service at Baltimore Washington International Airport offering direct online air cargo to major U S markets in the U S Europe and Asia. Tiger freighters handle standard 88 by 125 inch pallets and containers as freight activity at BWI rose 29 3 percent from 1960 to 1961 reflecting the airport’s growing role as a mid Atlantic cargo hub.
MENTIONED IN THIS ARTICLE
Flying Tigers
Baltimore/Washington International Airport
Bwi
U.S
Europe
Asia
T. James Truby
Trainers Lead North American Van Lines Mobile Placeroom Tour
Trainers Lee and Dorothy McQueen agency field trainers for North American Van Lines are shown beside the mobile placeroom they take to more than 100 agencies in the network. The trainers were in Frederick recently at Meadows Van & Storage Co courtesy of North American.
MENTIONED IN THIS ARTICLE
Lee
Dorothy McQeown
van Lines
Northenet
Frederick
Meadows van & Morage Co
Phew
Frederick IMC honors Student of the Month at YMCA event
Deborah K. Griffith named Frederick YMCA Student of the Month after Hood College studies and a 3.7 GPA. She previously served as a consumer credit counselor in Baltimore and worked at a Ford dealership in Gaithersburg. The IMC meets monthly with speakers on management topics. contact the YMCA at 663-5131 for details.
MENTIONED IN THIS ARTICLE
Frederick
International Management Conseil
Hoard Louis Jtional Labor Relations Board
D'Amico A
Deborah K. Griffith
Frederick Ymca
Hood College
Sieane
Financial Sunagrmen
Consumer Credit Counseling Service of Maryland
Baltimore
Ford
Gaithersburg
YMCA
Too many questions, no answers on economy
New York analysts say the economy is so complex that more questions than answers arise about high interest rates. Treasury Secretary Regan cited deficit doubts and tight money from the Fed as reasons. Some experts foresee varied trajectories into 1983, with rates hovering around high single digits.
MENTIONED IN THIS ARTICLE
New York
Treasury
Donald Regan
Securities
Wall Brattess
Regan
Federal Reserve
Fed
Wall Street
Sears Roper recall 200000 rototillers for reverse gear hazard
Roper Corp and Sears Roebuck recall about 200000 rototillers sold under Sears and Roper names from 1963 to 1980 due to a clutch locking device that can lock in reverse gear. Seven serious injuries reported. owners told not to use until free repair kit with new clutch handle and linkage is installed. Call 800-455-5117 for the kit.
MENTIONED IN THIS ARTICLE
Roper Corp
Sears, Roebuck and Co
Sears
Roper
Roper Dame
Th Uug Uepremuwes Gemini
Tang Rees
Grape Creek Nursery to Offer Stark Bro's Stock in Walkersville
Grape Creek Nursery becomes a Stark Bro's Walkersville dealer with Charles Snow and Jim Wilson announcing the partnership. The Walkersville firm, opened by Mr and Mrs Snow after his Maryland State Police retirement, covers nearly two acres and sells Stark's trees and related garden products.
MENTIONED IN THIS ARTICLE
Grape Creek Nursery
Stark Bro
Walkersville
Nurseries and Orchards Co
Charles Snow
Jim Wilson
Stark Bro's
Snow
Water Street
Stauffer Road
Grape Creek
Israel's Creek
Stark
Manpower Honors Area Residents in Gaithersburg
The Gaithersburg Manpower Inc office honored ten outstanding temporary employees at a wine and cheese reception. Tiffany & Co designed sterling silver necklaces and tie tacks for the awardees, selected for meeting strict performance objectives based on work records and customer feedback. Recipients: Jim Lemon, Alice Randill, Terry Utz, Artie Estobar, Henry Eichert, Jean Collins, Barbara Silverman, Linda White, Betty Krupa, Lee Banks, all Gaithersburg residents.
MENTIONED IN THIS ARTICLE
Gaithersburg
Manpower Inc
Tiffany & Co
Mary-Fileen Spencer
Manpower
Jim Lemon
Alice Randill
Terry Utz
Artie Estobar
Henry Eichert
Jean Collins
Barbara Silverman
Linda White
Betty Krupa
Lee Banks
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Louis J. D’ Amico
National Labor Relations Board
Frederick International Organization
Nancy Bowerman
IMC
the News
Thoreday
Nebets
Saya Paw McCracken
Michianxs
McCracken
USA
Hicongati
Zere
Quaker State
Icludes
Lwerkathon
Auancin
COME
S North Main ST
Yansant
Jenkins Motors, Inc
Mike Frame
GMC
Mike
c/o
Jenkins Motors
94H
East Sts