ABC Cumberland Valley chapter marks 25th anniversary
The Cumberland Valley Chapter of ABC celebrated 25 years at Fountain Head Country Club Hagerstown with Senator Cushwa and delegates in attendance. Guest speaker Ted C. Kennedy of BB&K praised merit shop apprenticeship efforts while Cumberland Seven contractors were honored for advancing open shop training. The chapter, dating to 1957, now has over 200 members and emphasizes advocacy and services for contractors and suppliers across Maryland and nearby states.
MENTIONED IN THIS ARTICLE
Fountain Head Country Club
Hagerstown
Associated Builders and Contractors
Cumberland Valley
Victor Cushwa
Pete Callas
George Littrell Jr
Donald Munson
Atapa SF Abc
National Abc
Ted C. Kennedy
Bb&k
Naton
Cumberland Contractors
Cumberland Seven
Cumberland
Ray C. Lapp
Air Conditioning Inc
Fred and
Dick Squires
Squires Electric
Wayne and
Barbara Couter
Services Unlimited Inc
Joe Twigg
Twigg Plumbing & Heating
John Hancock
G.A. Sargent Inc
Carl G. Valenti
ABC
Frederick
Francis Scott Key Hotel
Western Maryland
Nicely
Maryland
Pennsylvania
West Virgina
Virginia
Frederick News-Post
Niews
George E. Randall
Michael Callas
Wayne
John McKinney
J-E. McKinney & Associates
William Valenti
Carl G. Valenti & Son Inc
Fred Squires
Thomas Lapp
Twigg Plumbing and Heating
Wholesale prices rise 0.4 percent in October
U S wholesale prices climbed 0.4 percent in October led by a 14 percent jump in food costs amid weather problems in California and Florida. Energy costs moderated with a 0.2 percent rise as gasoline gained 2.4 percent while natural gas and heating oil fell. Excluding food and energy, prices edged up 0.1 percent.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Stacy Kottman
Georgia State University
California
Florida
Regan backs tougher trading bill on index arbitrage
Former Treasury chief Donald Regan urged a House panel to ban or restrict index arbitrage within program trading to curb market volatility. He argued to end commodity aspects of index futures or align derivatives rules with stocks while noting some traders rig the market for personal gain. Other witnesses warned volatility, not program trading, is the root problem amid recent market swings.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Donald Regan
House
Edward J. Markey
D-Mass
Telecommunications and Finance
Regan
Merrill Lynch & Co
House Energy and Commerce Committee
Alexandria
Regdon Associates
Merrill Lynh & Co
Reagan
Philip J. Purcell
Dean Witter Financial Services Inc
U.S
Tokyo stocks edge up as dollar weakens on rate news
The Tokyo Stock Exchange key index gained slightly after volatile trading. The dollar fell to 142.70 yen, down 0.27 from the prior close as U.S. banks cut prime lending rates. Traders noted demand from Japanese investors ahead of Treasury auctions, despite a narrowed rate gap.
MENTIONED IN THIS ARTICLE
Tokyo
Tokyo Stock Exchange
U.S
Japan
The
Market dips after rally falters amid earnings worries
New York stocks backed off after two session rally, with the Dow down 19.47 to 2,603.89. Breadth favored decliners 815 to 660 as 487 were unchanged on the NYSE. Wilshire index shed 0.28 percent, S&P indices fell, NASDAQ inched higher, and AMEX ended lower.
MENTIONED IN THIS ARTICLE
Dow Jones Industrials
IBM
Kmart
NEW York
Lowes
Pwr
Loyola Corp
Marriott Hh
la Avemco
Comsat
Standex
Exxon
Fcnb Corp
Whittaker
F&m Bancorp
First Bank
Fred
General Motors
Giant Foods
Ferris
Maker
Watts, Inc
Hech
Frederick
Wilshire Associates
NYSE
Competition among sellers not customers
New York reports that stock market forecasters misread the downturn as caused by profit weakness. Profits growth slowed from 36 percent in 1988 to 22 percent then under 10 percent, with aerospace, apparel, automotive, electronics, metal, and oil and gas strained. Consumers stay cautious on price without losing confidence.
MENTIONED IN THIS ARTICLE
New York
Standard & Poor
Wang
Control
End of an Era of Price Wars Benefits Shoppers
The piece surveys a shift from customer driven price spikes to seller driven discounts. Brands like Anheuser Busch promise to match rival deals while Sears pushes everyday low pricing. Consumers gain leverage as firms avoid sharp production cuts, keeping markets competitive amid a long expansion.
MENTIONED IN THIS ARTICLE
Anheuser- Busch
Sears
McDonald's
Also Mentioned on This Page
Federal Reserve
Bush
Fed
Federal Reserve Board
Wayne Angell
Angell
Producer Price Index
US of
Congress
Nikkei Exchange
United States
Mitsuhiko Kinugasa
Daiwa Bank
U.S. Treasury
S&p
American Stock Exchange
John Cunniff
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!