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News in Frederick, Maryland

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Oct 09, 1981

Page

8

Local slipcover firm expands with new line of shades and rugs

Margaret Stull, owner of Stull's Shipcovers at 10205 Bethel Road Frederick, expands to New England braided rugs and Old Sturbridge Village Collection fabrics by Waverly, adding Belgium chesten carpets. Her team, including Helen Miller of Staunton, Va, travels to customers' homes to show fabrics and make slipcovers draperies or related items. The firm now offers Roman shades wooden mini blinds decorator louver blinds and pleated fabric shades, aiming to pass savings to customers by operating with lower overhead.

Margaret Stall Simon Stall Bethel Road Helen Miller Margaret Sunday C. Kurt Holter Mieselt Sn Hess Stull Frederick New England Sturbridge Village Waverly Belgium Margaret Stull Coke Staunton

Market Advances Despite Mixed Stock Activity

The New York Stock Exchange rose with the Dow up 42 points to 87.14, led by gains in Sears Roebuck and Armco while Kmart and U S Steel also advanced. Volume totaled 47.09 million shares with 1 gain for 2 declines. broader indices posted solid moves across S and P 400, S P 500, and Nasdaq composites.

WYSH Sears, Roebuck Kmart J.C. Pennenrose Windus Armco Republic U.S Steels Amex Dome Petroleum Standard & Poor S&p Dow Jones Allg Pw Alph Porta GenStar Giant St Gulf Oil Kmart Litton SB Marriott Corp Mercantile Bokshi Mobil Phil Penney Sears Texaco Warner L Whittak Woolworth Baker Watts & Co Frederick

Jamaica named site for Seabed Authority in Geneva decision

Deputy Prime Minister Hugh L. Shearer announced Jamaica will host the International Seabed Authority after a Geneva decision by Law of the Sea Conference representatives. Malta and Fiji competed, with Jamaica citing $200 million HQ construction and job growth as key benefits for tourism and international meetings. A Seabed Authority tribunal will be established in Hamburg.

Jamaica Hugh L. Shearer Geneva Switzerland International Organization Malta Fiji Caracas Group of 77 Montero Bay Kingston Shearer Ment United Nations Tribunal For the Seabed Authority Hamburg Federal Republic of Germany

Giant Food announces unaudited results for 24 weeks

Giant Food Inc reports unaudited results for the 24 weeks ended Aug 15 1981. Sales rose to $735.7 million from $636.5 million, a 15.6 percent gain, while pre tax loss reached $3.325 million from a pre tax income of $7.645 million. Net loss was $2.236 million versus income of $4.852 million, with loss per share at 45 cents against 99 cents.

Giant Food Inc Chase Manhattan Bank Banka Nationwide J.C. Penney Co. Inc Penney F.W. Woolworth Co New York Woolworth Dayton Hudson Corp Minneapolis

IMC Frederick Chapter Moves Meeting to Magayunk Site

The Frederick County Chapter of the International Management Council will meet at Magayunk Restaurant, 207 W. Patrick St., Frederick, instead of the original location. The 6 p.m. meeting includes dinner at 6:30 p.m. Don Stevenson of JLG Industries will speak. Admission is $10.35 at the door. For details contact the Frederick YMCA at 663-5131.

Frederick County International Management Council Magayunk W. Patrick St Frederick Don Stevenson JLG Industries Frederick Ymca

Retail sales rise in September amid mixed economic signals

The Associated Press reports September retail sales increased for top chains led by Sears Roebuck and K Mart, signaling a not yet downturn but not a strong expansion. Analysts note declines in lending rates yet worry over the pace of overall growth as major banks cut prime rates while retailers show year over year gains across several chains.

Sears Roebuck & Co Chicago

Sears to buy Dean Witter Reynolds for six hundred million

Sears Roebuck & Co and Dean Witter Reynolds Organizations Inc directors approved a deal valued at about 600 million with Dean Witter to become an autonomous subsidiary under Sears. Sears plans a 50 cash offer for up to 45 percent of Dean Witter and a 50 Sears stock swap for remaining shares, subject to stockholder approval.

New York Dean Witter Reynolds Dean Witter Sears New York Stock Exchange United States Coldwell Banker & Co American Express

Also Mentioned on This Page

Pharidas Tunis Ormefending Rou New York Stock Manayunk Trowel Consultants, Inc East Street Frederick Monobacy Village The Associated Press K Mart Corp Troy Mich Walter Peterson Fahnestock & Co the News World Trade Center Baltimore World Trade Center Institute WTCB Community College of Baltimore Stanley Penn State Holiday Inn Chambersburg Karen Shute Pennsylvania Financial Group State College Shute Continuing Education Mont Alto Flax New York Department of Commerce Constellation Zisi Division of Continuing Education of Harbor Campus Market Place Lombard Carolyn Smith Governor’s Committee For Clara Crow Norman Lear Carroll O'Connor Jim Nabors Betty White Social Services North Market Street Congress Conrail Maryland Rail Line Baltimore Consolidated Rail Corp Frankford Del Stow Hill Fort Meade Odenton Northeast Rail Service Interstate Commerce Commission ICC Charles HK. Smith Maryland Transportation Commission Snow Hill Smith Cotrail Perational Courier North Bentz Street Maryland Donald T. Taylor First Federal Savings & Loan Association Rosemont Ave
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