Dow Ends Mixed After Late Bargains Dip Stocks Slip
The Dow Jones fell 13.72 points to 5464.31 as rising rates and inflation fears deepen investor concerns. The Nasdaq gained 1.71 to 1186.31 while the S&P 500 slid 0.82 to 640.81 and bond yields remained above 7 percent, prompting some firms to urge clients to cut stock holdings amid a high-rate, slow-growth outlook.
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New York
Treasury
Ned Riley
Bank of Boston
Smith Barney
Wheat Furst Butcher Singer
York Stock Exchange
NYSE
Standard & Poor
American Stock Exchange
Frederick Ford to extend hours for major recall repair
Frederick Motor Co. will perform a sweeping recall on electronic steering column components affecting 1988 1993 Ford and Lincoln model lines. Service manager Ronald Phipps Sr. notes the fix adds hours but aims to cut time to about 15 minutes after initial runs. All eligible vehicles must be repaired by Sept. 20, 1992.
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U.S
Frederick Motor Co
Ronald Phipps Sr
Open House at Regional Medical Center in Frederick
Blue Cross and Blue Shield of Maryland hosts an open house at Regional Medical Center from 1 30 to 5 p m Saturday May 18 at 110 Baughman s Lane Frederick The event offers free screenings for blood pressure vision and lifestyle assessments plus safety demonstrations by fire and police departments Children can watch physicians examine a teddy bear in the Teddy Bear Clinic.
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Blue Cross
Blue Shield
Maryland
Baughman’s Lane
Frederick
Treasury auctions lift short term yields to month high
Washington AP reports Treasury sold 13.7 billion in three month bills at 5.02 percent discount, up from 5.00, and 135 billion in six month bills at 5.14 percent, up from 5.08. The three month rate marked the highest since 5.03 on April 8, and the six month rate the highest since 5.19 on April 8.
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Washington
Treasury
Treasury Department
Nu Horizons reports Q4 1996 earnings and sales
Nu Horizons Electronics Corp. of Amityville N Y posted net income of 2.5 million or 28 cents per share for the fourth quarter of 1996, up from 1 million or 13 cents. Net sales reached 52.9 million.
MENTIONED IN THIS ARTICLE
Nu Horizons Electronics Corp
Amityville
N.Y
Windsors honored with Maryland Motor Truck Association award
Robert and Rebecca Windsor owners of Hahn Trucking Co. were named Persons of the Year for 1996 by the Maryland Motor Truck Association at a black tie ceremony in Baltimore. The couple, celebrating their 50th wedding anniversary, were praised for industry achievement and community commitment.
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Baltimore
Maryland Motor Truck Association
Robert
Rebecca Windsor
Hahn Trucking Co
James Hahn
Windsors
Frederick County
Mark Hoke
Bruce Reeder
James Hagg
J. Anita Stup
David Brinkley
Paul Stull
Louise Snodgrass
Donald Elliott
Hahn Company
Windsor
New Market
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