Ridge Electric honors employee with two-month incentive award
Ben Runkles of Ridge Electric Co. Frederick receives a check from Wayne Secrist for two months of flawless work. Tom Smith, company president, highlights thousands of dollars of work, long hours, and extensive paperwork completed without a single call-back or error. Runkles, 25 years in the electrical field, has been with Ridge Electric about 18 months. The firm plans regular bi monthly rewards to spur performance.
MENTIONED IN THIS ARTICLE
Ben Runkles
Ridge Electric Co
Frederick
Wayne Secrist
Tom Smith
Runkles
Ridge Electric
Market higher on rally in Japan and lower rates
New York stocks edged up Monday with the Dow rising 3.38 to 2707.66 as buyers were buoyed by a Tokyo rally and lower domestic rates. Volume on the NYSE was 116.11 million shares, with 626 up and 664 down. broader indexes showed modest gains across the board and CPC declared a 50 cent dividend payable April 25 to holders of record March 30.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Wilshire Associates
NYSE
Standard & Poor
S&p
CPC
Correction on Microlog 1989 sales figure
Friday's business brief corrects Microlog's 1989 sales to 15.5 million dollars, up from 8.0 million in 1987 and 10.2 million in 1988. The Germantown based firm makes voice processing systems.
MENTIONED IN THIS ARTICLE
Business News
Microlog
Frederick Community College Opens New Business and Technology Center
Frederick Community College hosts a grand opening at 3 p.m. on Thursday April 5 for its new Business and Technology Center in 270 Technology Park Frederick with remarks by Randy Evans director of Maryland Department of Economic and Employment Development.ita A resume writing seminar by Frederick Business Services Inc. is set for April 7 at Hood College Driscoll Commons from 9:30 to 11 a.m. cost seven dollars and registration numbers 663-0390 or 831-4038. Giant Food Inc reports unaudited sales and earnings for 16 and 52 weeks ending Feb 24 1990 versus Feb 25 1989 with 52-week sales 3 2489 42 000 and 16-week sales 1 0566 40 000 and earnings per share 64 cents versus 60 cents.
MENTIONED IN THIS ARTICLE
Frederick Community College
Technology Park
Frederick
Randy Evans
Maryland Department of Economic and Employment Development
Frederick Business Services Inc
Hood College
Driscoll Commons
Washington
Prnewswire
Food Inc
Fed unlikely to lower rates despite Bush pressure
Private economists expect the Federal Reserve to keep its tight-money stance at this week’s meeting. They say inflation remains high even as growth is weak, with mortgage and other rates likely to stay near current levels in the coming months.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Fed
Alan Greenspan
Imported oil bill could top deficit in 1990s outlook
Former Energy Secretary James R. Schlesinger warned Congress that rising prices and growing demand could push the U.S. oil import bill above the 1990 trade deficit of about 100 billion dollars. He projected oil imports reaching up to 11 million barrels a day by 1995 as domestic demand grows and production falls, with Alaska’s Prudhoe Bay declining.
MENTIONED IN THIS ARTICLE
Washington
U.S
James R. Schlesinger
Congress
Schlesinger
Senate Energy Committee
United States
Secretary of Defense
Central Intelligence Agency
Sen
Bennett Johnston
D-La
Prudhoe Bay
Alaska
S&Ls Lose Record 1989 With 19.17 Billion Deficit
The Savings and Loan industry posted a record 19.17 billion loss in 1989, with a 6.5 billion fourth-quarter deficit. Analysts expect continued erosion at a slower pace. The RTC plans to close or sell many failed thrifts under the bailout law.
MENTIONED IN THIS ARTICLE
S&ls
Washington
James Freund
Office of Thrift Supervision
S&l
Congress
RTC
Resolution Trust Corp
Freund
OTS
Ely
Fraud squad probes CenTrust chairman over political gifts
A federal regulator says a RTC fraud squad is examining legality of 328000 in political contributions by CenTrust chair David Paul and his meetings with politicians and regulators. Seidman notes CenTrust failure could cost taxpayers over 2 billion, rivaling Lincoln S&L's collapse.
MENTIONED IN THIS ARTICLE
Washington
David Paul
CenTrust Savings Bank
Paul
L. William Seidman
Federal Deposit Insurance Corp
Resolution Trust Corp
Seidman
CenTrust
Lincoln Savings and Loan Association
Irvine
Calif
House Banking Committee
Drexel Burnham Lambert
Also Mentioned on This Page
Ed Waters Jr
Grant Report
Allen Sinai
The
Boston Co
Bush
Mr. Freund
Bert Ely
Alexandria, Va
Tions
Jimmy Carter
Donald W. Riegle
D-Mich
Senate Banking Committee
FSB
Gall
Tenay Frederick
West
Patrick Street
Maryland
Marterty
Arcylics
MR. Watkins
Woodshoro Savings Bank
N. Main ST
Woodshoro
FDIC
Frostburg State University Master of Business Administration
Frostburg State University
Frederick County Public Library
E. Patrick Street
FSU
Frederick County
School of Business
Frostburg
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