Avalanche of Negatives Hits Overvalued Stocks
An extended correction era hit hard as overvalued stocks especially in biotechnology faced heavy downward pressure. Analysts cited volatile market sentiment, political fights in Washington, and new credit card rate caps hurting financials. Programmed trading amplified the selloff as large investors mass sold on set dates.
MENTIONED IN THIS ARTICLE
Hooper
Congress
White House
Hendrickson
FDIC
Federal Deposit Insurance Corp
Mr. _ Hooper
Klan Leader Aims to Expand Camp and Training in Arkansas
A Klan leader plans a Northern Arkansas camp with dormitories and cabins for summer training. About 200 Klansmen attended the October KKK Congress in Pulaski Teno as leaders seek to teach structured, nonpublic rhetoric while preserving white supremacist beliefs.
MENTIONED IN THIS ARTICLE
Arkansas
KKK Congress
Robb
Pulaski
Teno
House of Israel
Danny Welch
Elanwatch
Montgomery
Ala
Duke
David Duke
Welch
Anti-Defamation League
KEK
KKK
ADL
Edwards Campaign Accuses Duke of Skimming Funds
Edwards and Duke both claim victory forecasts in a campaign cash dispute. Edwards says a figure was $45,000 while alleging Clyde took $30,000. CBS demands Duke stop using 80 Minutes excerpts from a 1983 Edwards report. Edwards was later cheered at a church service as Elder Morton dedicated a hymn.
MENTIONED IN THIS ARTICLE
Edwards
Greater St Stephen Baptist Church
Paul Morton
Schaefer Still Singing No New Taxes Plan For Maryland
Governor William Donald Schaefer reiterates a "path of no new taxes" as he prepares a January budget. He says the plan will be balanced without new or increased taxes, despite pressure from lawmakers and the public. Aides describe private talks as sticking to the stance while agencies face possible eliminations and budget cuts.
MENTIONED IN THIS ARTICLE
Annapolis
Maryland
William Donald Schaefer
Schaefer
Chang
Schaeder
Schacter
Valley Elementary fifth graders time travel with centennial spelling bee
Twenty five fifth graders from Valley Elementary competed in a timed spelling bee with a 19th century theme. They wore period dresses and lunch pails supplied by the Frederick County Board of Education while recess featured games like Spud and Drop the Hanky. Teacher Mr. Nikirk noted strict era discipline and described the program as a solitary immersive experience.
MENTIONED IN THIS ARTICLE
Nikirk
Reeboks
Nikes
Carie Lewis
Ben Russo
Ben
Fredenck County
Valley
Raritan
Oil prices steady at a dollar a gallon in winter outlook
Heating oil dealers say prices remain at about one dollar per gallon but could rise with severe winter. Predictions range up to 1.30 per gallon by Frederick Petroleum while most expect ample inventories and no shortages. Programs to curb costs include a dollar wise plan and discounts for timely payments from Holtzople Oil and Griffith Consumer.
MENTIONED IN THIS ARTICLE
Duck
Dwight Hewett
Frederick Petroleum
Steve Bailey
von Eiff and Son
Bailey
Mideast
Herbert Click
Holtzople Oil Co
Hewett
Griffith Consumer Co
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Steffahntn
Semon
Elizabeth Stauffer
Klan
David Dukes
Ralph Forbes
Forbes
Pantinind
Dagon
Cee Ba
Vane
Premi
Doorbuster
UM Quality Fullea
Speen
Fullea
Sealy
Sealy Super Firm
Rt. 40
Patrick Street
Rockledge Plaza
Sat
AIAG
Frederick