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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Nov 16, 1993
Page
11
Linda Foreman, records clerk at Farmers and Mechanics National Bank corporate offices, was honored for 15 years of service. Presentation was made by Faye Cannon, president and COO, and Charles W. Hoff III, chairman and CEO.
Wall Street fell on Monday as uncertainty over Wednesday's congressional vote on the North American Free Trade Agreement reduced buying. The Dow Jones slipped 6.99 to 3677.33 with more decliners than advancers on the NYSE, volume at 250 million shares. Standards drifted and market indices showed mixed losses across the board.
The Supreme Court allowed regional telephone companies to continue offering information services such as home shopping stock reports and electronic yellow pages. The decision ends objections from consumer groups that the Bell operating companies would gain monopolistic advantage by owning the lines. The case traces to AT&T breakup and 1931 limits, with regulators urged to curb potential abuse while Bells defend competition and growth opportunities.
Sandy Spring Bancorp the parent of Sandy Spring National Bank Olney reports net operating earnings of 6.1 million for the first nine months of 1943 versus 35.8 million last year per share earnings at 2.98 down 7 percent For the third quarter net income was 2 million or 1.02 per share versus 2.3 million or 120 last year a 12 percent decline.
Tokyo stock prices fell in light trading as pessimism about Japan's economy persisted. The 235 issue Nikkei Stock Average dropped 418.34 points to close at 18 0748, a 2.27 percent tumble, while the dollar traded around 108 78 yen, down 0 68 yen.
Jane Bongard, center, was honored for 10 years of service with Farmers and Mechanics National Bank. Charles W. Hoff II, chairman and chief executive officer, and Faye Cannon, president and chief operating officer, presented the recognition.
AP notes open high low and last prices across wheat and soybeans futures at the Chicago Board of Trade. Data includes bid asks, percentage changes, open interest figures, and daily trading activity for Sep Dec Mar and other contracts with volumes around 5 000 bushels and 60 000 plus open interest.
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