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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
May 10, 1991
Page
25
Americans filing first time unemployment benefits dropped to 455,000 for the week ending April 27, down 45,000 from the prior week. Four week average slid to 476,000, fueling optimism that the economy may be bottoming out, though analysts caution volatility and past rebounds.
AFL-CIO President Lane Kirkland denounces the Bush administration free trade proposal with Mexico as empty and rushed. He cites past Reagan and Bush aid cuts to workers hurt by trade and warns fast track would curb Congress. He rebuts racism charges and says minorities could suffer if pact passes.
Westvaca Corp will shut down its Luke paper mill in western Maryland for seven days starting June 3, idling about 1,000 hourly workers who produce 1,200 tons daily. Nearly 2,000 plant workers across Allegany and Garrett counties and Mineral County WV will be affected while 400 maintenance staff continue. Shipping and salaried staff will keep operating. hourly workers may take paid vacation during the layoff.
The Senate passed legislation letting buyers sue manufacturers and full price retailers who conspire to block brand name goods from discount showrooms. Analysts say consumers could save 20 to 23 billion annually. passage followed GOP filibuster threats and House backing.
Strong cash market supported hog and cattle futures while grain futures rose on the Chicago boards. Live cattle May at 9.10 per pound, live hog June at 57.0 per pound, wheat May at 2.33 per bushel, corn May at 2.47 per bushel, soybeans May at 5.74 per bushel, oats May at 2.26 per bushel.
Rosemary Motsay Ranier, president elect, urged Frederick BPW to address women’s pressures from family and careers as Patricia Maloff was installed as president. The dinner at City Club honored dignitaries including Maryland BPW leaders while noting the club’s history of advocacy on voting, equal pay, and parental leave.
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