Congress backs Amtrak funding amid budget cuts
Congress rejects full termination of Amtrak subsidies and approves a 12 percent cut for 1986 with larger reductions planned for 1987 and 1988. Amtrak officials warn cuts will tighten capital plans and may curb some routes while keeping all trains running.
MENTIONED IN THIS ARTICLE
Washington
Amtrak
Congress
Senate
Reagan
House Energy and Commerce Committee
Capitol Hill
W. Graham Claytor
Energy costs lift April producer price index to 0.3%
Wholesale food prices fell sharply last month but rising energy costs pushed the April producer price index up 0.3 percent. The gain was the largest since November and marks back-to-back increases after February. Gasoline and heating oil surged while food prices dropped, energy shaping inflation signals ahead of consumer data. Business leaders warned of a slower economy over the next year amid weak trade performance, with growth projections well below 1984 levels.
MENTIONED IN THIS ARTICLE
U.S
Labor Department
Lenders report shifting consumer loan trends in 1985
Ed Waters Jr. notes area banks report changing loan patterns with peak activity no longer tied to spring. Beneficial Maryland Inc says Christmas and post holiday bill consolidation drive car and home loans. Farmers and Mechanics Bank observes no fixed heavy-volume season and loans are spread through spring to fall. Rates easing, FéM’s loans up $27 million year over year.
MENTIONED IN THIS ARTICLE
ED Waters JR
Mark Gelwicks
Beneficial Maryland Inc
Frederick
Charles Hoff 1
Farmers and Mechanics Bank
Hoff
Fém
Banks said tax time boosts loans amid real estate boom
Frederick County bankers report a spring surge in loan volume driven by real estate activity and home improvements while consumer and auto loans wane. Education and living costs complicate loan planning. shoppers should compare programs. Used car lending remains active as buyers seek financing through lenders rather than manufacturers.
MENTIONED IN THIS ARTICLE
First National Bank of Maryland
Dan King
Fredericktown
Falling rates boost market and set records
Falling interest rates and hopes for deficit progress pushed stocks higher on Friday. The Dow rose 13.91 to 1274.18, with weekly gain 26.94. NYSE volume hit 140.26 million shares as broader indices posted new highs.
MENTIONED IN THIS ARTICLE
Dow Jones
London
Att
Avemco Corp
Bell Atl
Black Drae
CSX Corp
Clorox
Comsat
ConData
Exxon
Fairchild Ind
F&m Bancorp
Fst
Gen Motors
Genex
GenSter
Hech
IBM
Kmart
Litton
Lowes
Marriott Corp
MD Natl Cp
Mercantile Bokshi
Moore Corp
Phil
Penney
Plantro
Potom el
Safeway Kat
Sears Ma
Standex
Whittak
Baker Watts & Co
Frederick
NEW York
New York Stock Exchange
Legg Mason Value Trust
Tech Fund
Lipper Analytical Services
Legg Mason
Also Mentioned on This Page
FBLA
Future Business Leaders of America
Hagerstown
Brunswick High School
Bill Crum
Leigh Brust
Ave Baker
Julie Baumgartner
Sonia Hutchison
Jennifer Smith
Aaron Wisner
Kelly Miller
Josette Votipka
Christi Goodrich
Valerie Walker
Barbara Carr
Margaret Baumgardner
Holly Morris
Teresa Hardy
Tanya Smothers
Janet Allen
Janice Fowler
Kelly Crampton
Traci Zecher
Regina Pearson
Brunswick Fbla
Claytor
Nossajee Ugek
United States
Lowell Weicker
R-Conn
The
Associated Press
Business Council
Homestead
Hot Springs
Pen-Mar Sales
Baltimore Pike
Scieacesiofteama
Tri-State
U.S.A
the News
Frederick, Md
Nevin Baker
Frederick County National Bank
Fredericktown Bank and Trust Co
Don Bowser
Baker
Flohr Pools
Sun Master College
Hagerstown, MD
Cedar Glen
Exchange
Standard & Poor
S&p
Frederick Carimimnite College
Frederick County
Flexsteel Gallery
Martin’s Fine Furniture
Longmeadow Road
Flexsteel
Martin’s
Schifferstadt
Galery
Rosemont Avenue
Gateway
Thurmacenter
Claire
Thurmer
Petites
Banaan
Candyland
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