Legislature advances S&L bailout amid Maryland crisis
Annapolis Bureau Chief Robert C. Reid reports the General Assembly resumes Tuesday in a special session to extend relief for Maryland savings and loans. Eight more thrifts seek FSLIC insurance as state probes proceed. withdrawal relief may apply to payroll, mortgages, and escrow accounts.
MENTIONED IN THIS ARTICLE
Robert C. Reid
Annapolis
General Assembly
Harry R. Hughes
Federal Savings and Loan Insurance Corporation
FSLIC
Maryland Savings and Loans
Fslic Insurance
Hughes
Savings and Loan
Benjamin Cardin
Frederick gala honors those shaping the city
Frederick Mayor Ronald N. Young presided over a private Weinberg Center gala honoring leaders who fueled Frederick's growth. He praised Jim Rouse for his urban projects and urged collaboration with Hagerstown mayor Steve Sager to emulate Frederick’s redevelopment. Rouse shared memories of Easton and Maryland towns while highlighting the charm of small city spirit within larger urban centers.
MENTIONED IN THIS ARTICLE
Frederick
Ronald N. Young
Weinberg Center
Jim Rouse
Harborplace
Columbia
Steve Sager
Hagerstown
Rouse
Young
Market Street
Boston
Quincy
Baltimore
Inner Harbor
Enterprise Foundation
Young Rouse
Weinberg
Maryland
Food price drop steadies inflation in April
Inflation held at 0.4 percent in April as grocery prices fell 0.4 percent led by a 1.6 percent drop in beef. Energy costs rose 3.1 percent, while excluding energy and food the CPI rose 0.3 percent. For 1985 the first four months show a 4.2 percent annual retail inflation.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Jones
Federal Reserve Board
Fed Board
Commerce Department
Meguesta Mills workers moved to Hartz plant
Mequesta Mills in Brunswick will cease sewing operations July 19 and transfer 110 employees to Hartz's Frederick facility. Executive vice president Gil Lianes cited industry weakness and desire to cut costs to stay competitive. Most workers are women. many reside in nearby towns.
MENTIONED IN THIS ARTICLE
Susan C
Nicol News-Poat
Meguesta Mills
Brunswick
Frederick
Gil Lianes
H.L. Hartz and Sons Inc
Mequesta ‘Mills
Lianes
Hartz
Amalgamated Clothing and Textile Union
Thanes
Guo
Llanes
East D Street
Fifth Avenue
Price Electric
Richard Campbell
Mequesta Mills
Billie Kidwiler
Knoxville
Charles Town
Harpers Ferry
Jefferson
Economy shows sluggish 0.7 percent GNP in Q1
Washington reports the gross national product rose only 0.7 percent in January through March, the slowest pace since 1981-82, after downward revisions from earlier estimates. Inflation quickened at 5.6 percent, the fastest since mid-1982, while markets rallied on Fed rate cuts and deficit curbs.
MENTIONED IN THIS ARTICLE
Washington
U.S
Commerce Department
Department
Federal Reserve Board
National Association of Business Economists
Farming Maryland 4-H Club to honor Charlie Keller
The Farming Maryland 4-H Club Foundation will honor Charlie Keller, former New York Yankee slugger, noted for his past as a 4-H member. The event highlights his civic ties and baseball legacy amid a town gathering.
MENTIONED IN THIS ARTICLE
Maryland
Charlie Keller
New York Yankee
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Holter Road
Cherry Lane
Middletown
Frederick County
Legislature
S&l
Easton
Salisbury
GNP
Inside the News
Benjamin Disraeli
Frederick Memorial Hospital
Sam Yu
Herb Morrison
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