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News in Frederick, Maryland

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

May 22, 1979

Page

10

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.

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.

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.

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.

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.

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
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