Frederick News-Post Business Commentary May 22 1979
A concise Frederick News-Post business page item from May 22 1979 outlines local market movements and economic notes. It highlights corporate developments in Frederick and surrounding Maryland business activity with focus on investments and small enterprise trends.
MENTIONED IN THIS ARTICLE
Frederick, Md
Straight talk on credit by William Steif
An explanation of true costs in two loan options shows the same finance charge but different APRs of 8 percent and 14.5 percent depending on repayment method. The piece promotes a free Consumer Handbook to Credit Protection Laws from the Consumer Information Center, detailing credit rights, discrimination limits, and how to shop for credit. It also notes HUD RESPA guidance and open-end leases, with a Baltimore sale item and a lecture on wealth planning.
MENTIONED IN THIS ARTICLE
Consumer Handbook
Consumer Information Center
Pueblo
Colo
Congress
Board of Governors
Federal Reserve System
Baltimore
Don Bovey
Babe Halsey Stuart
Holly Hills Country Club
Sjamsville
Bovey
Bache
Department of Housing and Urban Development
Raneatane
Ian Maney
Albaipe
RESPA
Us-Hud
Seventh St
Washington
Panic buying may be chief cause of gasoline shortage
AP Business writer notes panic buying amplifies gas shortages as motorists rush to top off tanks amid signals of tightening supplies. Analysts say media reports and perceived scarcity fuel longer lines, with implications for distribution and station closures. The piece explains how topping off worsens demand, triggering a cycle of further shortages and longer queues.
MENTIONED IN THIS ARTICLE
Mark Potts
NEW York (Ap
Johnny Carson
Tonight
California
America
Larry Goldstein
Petroleum Industry Research Foundation
Industing Group
American Automobile Association
Washington, D.C
The
Petroleum Institute
Goldstein
Mergers Dominate Day On Mixed Market Action
A brisk wave of merger news dominated trading as the stock market inched higher. The Dow gained 0.52 to 842.43 while NYSE volume dipped to 25.55 million shares. Reliance Electric rose after Exxon approached for a possible takeover, Fairchild Camera & Instrument climbed on Schlumberger’s cash bid, and Florida Gas advanced on a merger agreement.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Relance Electric
Ius
Exxon
Reliance
Fairchild Camera & Instrument
Schlumberger Ltd
Fairchild
Gould Inc
Schlumberger
Florida Gas
Continental Group
NYSE
Exchange
Standard & Poor
S&p
Dow Jones
BethSt
Chessle
CocaCl
Fairchild Ind
M Fintkt
Giant
MY Gta&p i
Gulf Oil
Harris
IBM
Tiltan Kmart
der M Marriott Corp
MD Nati Cp
Mobil Tas
Sears Safewy
Texaco
Warner L
Whittak
Robert Hooper
Baker, Watts & Co
Maryland National Offers $10,000 Money Market Certificates
Maryland National Bank promotes $10,000 Money Market Certificates tied to open money market rates with six month maturities and guarantees. The notes highlight safety, high yield around 9.4 percent and access across over 140 offices in the state.
MENTIONED IN THIS ARTICLE
Maryland National
Sayvinas
Maryland National Bank
Also Mentioned on This Page
Hikey
Frederick
William Steif
Hochschild's
Hochschild’s
Supermarkets General Corp
Woodbridge
N.J
New Jersey
Ward Woods
Hochschild
Supermarkets General
Woods
Connecticut
Old Howard Street
Newspaper Enterprise Assn
Michael Caues
Americana Petroleum Institute
Continental Congress
Vermont
Kentucky
Via
Etropolitan Federal Savings and Loan Association
WAU
Miscees
U.5
Grove Hill Road
Werylend
Sergeet Federally Chartered Stock Saving and Lom Association
Maryland
Elmer J. Eshleman