Corporations report stronger third quarter earnings
Several major companies announced improved profits for the July to September quarter led by Chase Manhattan Corp up 20 percent and Bankers Trust New York up 18 percent. McGraw-Hill rose 11.7 percent and W R Grace & Co advanced 18 percent as the Dow gained 5.61 points. Auto industry layoff figures edged up while production rose slightly, with 168,155 hourly workers on layoff and a weekly car output drop of about 16.5 percent from 1980 levels.
MENTIONED IN THIS ARTICLE
Chase Manhattan Corp
Chase Manhattan Bank
Bankers Trust New York Corp
Bankers Trust Co
the &Tt
McGraw-Hill
W.R. Grace & Co
Dow Jones
Auto Industry
Detroit
Ward’s Automotive Reports
Basic Accounting For Managers at Frederick Community College
Frederick Community College Continuing Education offers a six week non credit course titled Basic Accounting For Managers. It runs Wednesdays 6 30 to 9 30 pm starting Oct 21 with a $20 tuition for Frederick County residents. The course covers accounting concepts and financial analysis for non accountants. Registration: Continuing Education at 694 1220.
MENTIONED IN THIS ARTICLE
Frederick Community College
Frederick County
Steve Biggs
Focus on Business Planning seminar by MACPA
The Maryland Association of CPAs Management Advisory Services Committee will host a one day seminar on Focus on Business Planning Oct 29 at the Holiday Inn Annapolis. Topics include Life Cycle of a Business Financial Planning for Small Business Long Range Planning and Human Resource Development with luncheon speaker Rep Marjorie Holt. Contact MACPA for details. Suburban Bancorp declares 35 cent quarterly dividend payable Oct 30 to stockholders of record Oct 23.
MENTIONED IN THIS ARTICLE
Maryland Association of Cpas Management Advisory Services Committee
Holiday Inn
Annapolis
American Institute of Cpas
Philip B. Chenok
CPE
H. William Vronman
Merlen_ Elliott
CPA
Dudley W. Gill
Alvin &. Wolpoff
Marjorie
Holt
R Md
MACPA
IRA guidance expands access to tax advantaged accounts
Federal tax offices promote new IRA rules with higher investment limits and broader eligibility. Employed individuals not in retirement plans may open an IRA in 1981 with 15 percent of pay or 31500, whichever is less, and tax deferral until withdrawal after age 59. Spousal IRA options exist, plus investment choices from banks to stocks, with cautions on fees and penalties. contact IRS offices listed in the White Pages for details.
MENTIONED IN THIS ARTICLE
U.S
Wall Street
Internal Revenue Service
Consumer Information
Consumer Information Center
General Services Administraton
Pueblo
Colo
Highest and lowest earners in sales marketing revealed
A Dr Steven Langer survey of 500 firms shows the top earning vice president sales and marketing makes over 187713 while the median VP earns 45240. The lowest likely in the Pacific region with under 15000 annually. Other salaries include VP sales 45000 and product manager 3175.
MENTIONED IN THIS ARTICLE
Steven Langer
Abbott, Langer & Associates
P.O. Box
Park Forest
North Central
Mountain States
Pacific States
V.P
W.p.markesting
Free MEUC FactBook offers Maryland energy data 1981
The Maryland Electric Utility Council announces Electric Energy in Maryland 1981 FactBook a statewide profile of Maryland's electric utilities based on data from 16 utilities The edition adds topics such as environmental protection costs and energy R D Readers can request free copies by mailing or calling MEUC The energy use section notes U S energy consumption 76 3 quadrillion Btu in 1980 down from 79 0 in 1979
MENTIONED IN THIS ARTICLE
Maryland Electric Utility Council
MEUC
Electric Energy
Maryland
Clem Gardiner
MEAC
Maryland District of Columbia Utilities Assn
Charles St
Baltimore
United States
Tax law talk for State Farm staff rescheduled
A presentation on the new tax laws by Christopher K Grimshaw local CPA to State Farm Insurance Seaboard Office management personnel has been moved to 1 30 p m Thursday Nov 12 with the new time noted for attendees and planners.
MENTIONED IN THIS ARTICLE
Christopher K. Grimshaw
CPA
State Farm Insurance Seaboard
Stock market closes higher after rally on Thursday
The Dow rose 5.61 to 856.26 as blue chips led a modest market rebound. NYSE volume eased to 42.83 million shares with 8 advances for every 7 declines, while the S&P indexes gained with the 400 up 1.04 to 133.88 and the 500 up 0.91 to 19.71. Money-market funds grew assets to 164.5 billion, up 1.3 billion. Analysts noted easing fears of higher interest rates.
MENTIONED IN THIS ARTICLE
Dow Jones
Allg Pn
Clorox Csx Corp
Coca
Comsat
Exxon
Fairchild Ind
Fst Md Bre
Gen Motors
Gen
Tandy
Texaco
Warner L
Whittak
Woolworth
Baker Watts & Co
Frederick
NEW York
New York Stock Exchange
NYSE
Standard & Poor
Also Mentioned on This Page
Robert Burns
Tim Boary
FCC
CPA Association
Suburban Bancorp
Tration RE Courier
North Bentz Street
Frederick, Wd
Busines
Edhar
Federal
HomeCall Inc
Sue M. Stine
Regina H. Howard
Hagerstown
Dorothy C. Nethers
Winchester
Yai
Suean C. Langdon
Westminster
Doris Hanson
HomeCall
Deborah A. Monaco
Nancy James
Gaithersburg
Lyle Hanson
Seattle
Waah
Wiliam Braun
Stillwater Okla
Linda
Merrill Lynch
Merl
Lsneh
W. Patrick St
Murray Weingarten
Bendix Field Engineering Corp
BFEC
Columbia
Harry R. Hughes
Weingarten
U. S
Bendix
LU. S
Maryland Area
Legg Mason
Sheraton Inn
Francis Scott Key Mall
Dukes
Washington
Apnapoli
Bal
Easton
Gathersburg
Hunt Valley
Piresville
Towson
Barford
Charlottesville
Lynchburg
Newport News
McLean, Radford
Williamsburg
Greensboro
Newark
Westford
Chicago
Columbus
Los Angeles
Philadelptia
Wemivet
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