U S to cut farm subsidies in next decade in new offer
The Bush administration proposed trimming farm export subsidies by 90 percent and income supports by 75 percent over 10 years to break a stalemate in Uruguay Round talks with the European Community. The plan seeks ground amid Europe’s contrasting stance on subsidies.
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James W. Bear Promoted at Signet Bank Gaithersburg
James W. Bear, Gaithersburg branch manager for Signet Bank, has been promoted to assistant vice president. He previously led the Shady Grove branch and worked at two area banks before moving to Gaithersburg in 1987. He holds a University of Maryland degree and attended Maryland Banking School.
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Stock market advances on New York stocks rally
The Dow Jones industrial average rose 18.32 to 2416.34 extending Friday gains amid profit outlook worries. Volume on the NYSE floor reached 164.98 million shares with 802 advances, 748 declines and 441 unchanged. other indices also gained.
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Quotations Courtesy of Ferris Baker Watts Inc
A business note credits Ferris, Baker Watts Inc with providing quotations from their Frederick office as part of a local financial services update.
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Frederick
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