Cable TV panel hears charges of market distortion and monopoly
Washington AP reporting, broadcasters accuse cable operators of distorting the market as a Senate subcommittee weighs re regulation. Industry counters that deregulation raised prices modestly and that cable expands reach, while critics cite monopolies and shifts of sports programming to cable, urging renewed oversight.
MENTIONED IN THIS ARTICLE
Washington
Senate
Cable
Edward C. Fritts
National Association of Broadcasters
Inflsio
Tatavision Sludiation
Preston R. Paddeo
The
Association of Independent Television Stations
Tney
Mr. Padden
Padden
Fritts
John Danforth
R-Mo
My Danforth
Los Angeles
Gretzky
Wayne Gretzky
Los Angeles Kings
Magic Johnson
Lakers
Lynn McReynolis
Cable Industry Group
Grain futures livestock reports from Midwest markets
Grain futures and livestock quotes from multiple markets show steady to higher cattle values and mixed hog prices. Bids vary by weight and class with dairies, veal calves, and feeder cattle noted, alongside regional auction results and wholesale meat movements post holiday period.
Omaha Livestock and Chicago Futures Report
Omaha livestock quotations show hogs largely steady with strength at 250 to 270 pounds offset by weakness in lighter weights. Cattle and calves scarce. sheep unavailable. Chicago futures open higher on wheat and corn with mixed shifts across oats and soy. Trading activity includes large open interest and notable sales.
MENTIONED IN THIS ARTICLE
Alu
Springers
Lew
Gedy
Ibd
The
Frederick Livestock Aucion
Westminster
U.S
Westminster Livestock Auction
Holst
Helstein Hesfers
Aes
Omaha, Neb
Omaha
GE buys back stock boosts market gains in Friday trade
The Dow rose 17.00 to 2,652.66 as General Electric plans to buy back up to 10 billion in shares and lift the quarterly dividend. GE chair John Welch forecast double digit earnings growth into the 1990s, while bond yields edged higher and overall volume rose across exchanges.
MENTIONED IN THIS ARTICLE
Dow Jones
IBM Co
Kmart
NEW York
Litton Me
Close Lowes
Loyola Corp
Ally Pwr
Marriott
Avemco
Mercantile Unchgd Baltge
Bokshi
News of General Electric
New York Stock Exchange
General Electric
John F. Welch
Wilshire Associates
Urbana boy wins guitar at Frederick House of Music
Nine year old Chris Swann of Urbana wins the grand prize Gibson Epiphone electric guitar at Guitar Day held November 4 at Frederick Towne Mall. Brian Wood of Gibson presents the prize. Barry Metzger and Don Byrd assist as presenters. Chris attends Urbana Elementary School and participates in the school chorus and band.
MENTIONED IN THIS ARTICLE
Chris Swann
Urbana
Frederick House of Music
Frederick Towne Mall
Gibson Guitar Co
Brian Wood
Gibson
Chris
Barry Metzger
Don Byrd
IBM sales investigated for alleged misrepresentation to government
The General Services Administration probes IBM for selling used equipment labeled new to the government and for possible Buy American Act violations. Inspector General audits three contracts worth 700 to 800 million dollars annually seek evidence of willful deception, while IBM disputes any intent to mislead.
MENTIONED IN THIS ARTICLE
Washington
General Services Administration
International Business Machines Corp
GSA
IBM
America
House
National Security
Edward F. Hefferon
Mark Holcomb
Karen Shaffer
Inspector General's Office
GE Buys Controlling Interest in Hungarian Firm Tungsram
General Electric agreed to pay 150 million dollars for control of Budapest based Tungsram, the largest postwar Western investment in Hungary. The deal reflects Hungary’s liberalizing economy and foreign ownership push, with Tungsram employing 12 plants and about 300 million dollars in annual sales, five percent from exports.
MENTIONED IN THIS ARTICLE
Fairfield, Conn
General Electric Co
Budapest
Hungary
John T. Welch
General Electric
Tungsram
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Commerce, Science and Transportation Communications
Frederick Scagg
Woodsboro
We Livesiocn
Timothy
Audale
Willowdale Auction Co
Dao Poole
Hagerstown
Midwest Car Lot
Des Moines
Iowa
USDA
U.S. Do
Livestork
Omaha Livestock
Chicago
Chicago Board of Trade
Mar May Sui Sen
Middletown
Obtaiss
Frederick A Cae Wational Bana
Ed Waters Ir
Minka
Frederick Bates
Contir
Frede
Bethesda
Chevy Chase
Devmacurs
Flower Hill
Frederick
Ck County Square
Patrick Street
S Gatthersburg
Ketesington
Lanaret
Oiney
Potomac
Ing Mall Hist
Rockville
Silver Spring
Wheaton
White Oak
Maryland
Savings Bank
Federally Insured Savings Bank