March Decline in Consumer Spending and Factory Orders
U S government data show consumer spending fell 0.2 percent in March to a 4.23 trillion annual rate while personal income rose 0.6 percent to 5.26 trillion, helped by a 33 billion farm subsidy. Factory new orders dropped 1.5 percent with durable goods down 3.4 percent, signaling slow growth after a strongest year end in 1992.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Lawrence Chimerine
Drul McGraw Hill
Lexington, Mass
David Berson
Federal National Mortgage Association
Clinton
Frederick Area Grain and Livestock Auction Reports April 1993
Frederick and Woodsb o ro reports show detailed bids for butcher cows, bulls, steers, heifers, veal calves, farm calves, beef and dairy replacements, hogs, sheep and goats, with prices across weight ranges. Multiple buyers and stations list high and low quotes, plus hay and straw prices from Westminster and Westminster Livestock Auction. The Frederick News-Post staff receive awards recognition in Maryland Delaware DC Ad contest.
MENTIONED IN THIS ARTICLE
Frederick
Woodsboro
Frederick News-Post
George E Randall
University of Maryland, College Park
Denise Brady
Bill Green
First Bank of Frederick
Art Kester
Lynn Limpert
Maryland State Firemen’s Association
Chuck Boteler
Betty Lester
Damascus Motor Co
Tom Swanson
Valerie Marcin
Chris Carr
Barbara Tolley
Westminster
Helstein
Law
GSU
Mednam
Nutri System closes Maryland outlets after bank seizure
Nutri-System shut down 19 of 20 Maryland outlets as banks seized assets and ordered closures. Only the Easton franchise remained open with negotiations continuing to seek outside investors. Maryland officials note a consumer bond fund of about 82000 dollars to cover prepaid contracts, while operations elsewhere remain unaffected.
MENTIONED IN THIS ARTICLE
Baltimore
Maryland
Nutri- System
Easton
Sylvia Cross
Tammy Harrison
J. Joseph Curran Jr
NutriSystem
Nutri-System
Harold Katz
Katz
Philadelphia 78Ers
Fidelity Bank
Mellon Bank
Provident Bank
Credit du Norde
New York
Continental Bank
Illnes
Maryland National Bank
Canadian Imperial Bank of Commerce
Maryland plans affordable housing site in Carroll County
Westminster AP Maryland proposes a 10 acre surplus public land site near Sykesville for an affordable housing design competition. Up to 25 homes would be built by the winner who receives the land, with at least half priced for a family of four earning about 30000 dollars annually.
MENTIONED IN THIS ARTICLE
Westminster
Beans
Team honored for outstanding productivity savings at Solarex
Solarex Corp an Amoco company in Frederick presented awards to the ID Production Team and named members Jim Emming Jr Scott Uland Dave Martinek Kim Ung Gerald Burke Kimbi Ung Ruben Mendez Roy Franklin Jim Monroe and Greg Barnhart Absent were Bonnie Kinsey Mike Mitchell Dan Walter Max Angle Sokho Bou Mike Braswell Steve Glasser Jesus Gomez John Greifzy Tina Kimble Anang Kuswandi Terri Main Reggie Monroe Dinesh Patel Joe Summers Rosaly Un and Rick Weller The group’s efforts are expected to save about 300000 annually.
MENTIONED IN THIS ARTICLE
Solarex Corp
Amoco
Frederick
Jim Emming Jr
Scott Uland
Dave Martinek
Kim Ung
Gerald Burke
Kimbi Ung
Ruben Mendez
Roy Franklin
Jim Monroe
Greg Barnhart
Bonnie Kinsey
Mike Mitchell
Dan Walter
Max Angle
Sokho Bou
Mike Braswell
Steve Glasser
Jesus Gomez
John Greifzy
Tina Kimble
Anang Kuswandi
Terri Main
Reggie Monroe
Dinesh Patel
Joe Summers
Rosaly UN
Rick Weller
Solarex Honors Utility Team For Energy Savings
Solarex Corp honored Utility Team members for launching a program that reallocates peak electrical usage and will save about $20,000 annually. The ceremony paired the awards with the Solarex Quality Process based on Total Quality Management principles emphasizing team effort and delegated decision making.
MENTIONED IN THIS ARTICLE
Solarex Corp
Steve Shea
Greg Barnhart
John Terry
Jim Cliber
Tim Tomlinson
Roy Franklin
Solarex
Market Upbeat Finish Despite Bond Selloff
New York stocks closed modestly higher as a late bond price drop sparked a sharp selloff that nearly wiped out a 20 point Dow gain. The Dow finished at 2425.12, up 243 points amid heavy volume on the NYSE and widespread index moves across the S&.P 500 Nasdaq and other benchmarks.
MENTIONED IN THIS ARTICLE
New York
Market Wrap April 30 1993 Dow climbs on volume
Dow Jones fell or rose as trading posted 2.43 point change to 3425.12 with 241.4 million shares. New York Gold traded at 334.30. Quotations courtesy bets Baker Watts Inc.
MENTIONED IN THIS ARTICLE
Dow Jones
New York
Baker Watts Inc
Also Mentioned on This Page
Evelina M Tainer
Prime Economic Consulting
Chicago
Frederick Livestock
MDDC
Woodsboro Livestock Sales
Westminster Livestock
Timothy
Westminster Livestock Auction
Hagerstown
Wilewdadle Auction Co
Chicago Board of Trade
Nieweps
Ed Waters Jr
Standard&Poor
Standard&Poor’s Industrials
BroWhittaker
Citizens Bank Ea
CSX Corp
Comsat
Exxon
Fcnb Corp
F&m Bancorp
Giant Foods
IBM
Kmart
Loyola Corp
Marriot
Mercantile
Frederick Coun National Bank
Frederick Inch Stale
Vary
Easd
Elsine
Marcie ST
Currenes
Redeoal Funks
Lars
Kobrry Capfeal
Comnon
Smphos
Capypal
Wil Ko Riles
CRONE
Ino
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