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News in Frederick, Maryland

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Oct 20, 1987

Page

10

Boney Mug Skates Opens at Quynn's in Frederick

Boney Mug Skates, a new skate shop in Quynn's Mercantile downtown Frederick, offers skateboards, gear, and clothing. Owners Joey Wallace and Kevin Ignasiak, teen juniors at Singanore and Frederick High, plan expansion into footwear and emphasize in-store skater input and repairs, with Visa and MasterCard accepted. They recently attended the Atlantic City expo meeting pro skaters.

Boney Mug Skates Quynn’s Frederick Joey Wallace Kevin Ignasiak Wallace Singanore High School Ignasiak Frederick High School East Patrick Joey Wallace Guynn Mercanti Street

Wall Street Faces Historic Dow Drop Amid Tourists Awe

New York crowds, including young Wall Street interns and visitors, swarmed Broad and Wall Streets as the Dow Jones plunged over 508 points in the day’s heaviest trading. Tourists and staff referenced the potential crash with astonishment, while eateries in the Exchange Building reported a rare lunch-hour surge.

New York Wall Street New York Stock Exchange Nick Khakee Federal Hall America Dominic Exchange Lars Rusins Orlando Fla Karen South Street Tony Smith Harry’s Barry

Presidential candidates react to stock market crash in 1988

In Mobile Alabama Jesse Jackson blamed Reaganomics for the market fall while Kemp urged Fed action and monetary reform. Gore said the economy is sound but warned against excesses. Gephardt and Simon urged unified handling and decisive action. Proxmire noted stocks were high and many Americans face losses.

Jesse Jackson Mobile Ala Jackson Jack Kemp R-N.y Federal Reserve Albert Gore D.tenn America Richard Gephardt D-Mo Congress Paul Simon D-Il Wall Street White House William Proxmire D-Wis Senate Banking Committee

Pine Quarters opens on Shab Row with pine crate furniture

Pine Quarters, a crate furniture store run by Steve and Nancy Castle, debuts on Frederick's Shab Row offering Casual Crate and Coulbourn pine lines at 20 to 30 percent below rivals. The gallery features beds sofas dining sets desks and chairs while a nine piece living room set runs 800 and a full condo install 2500. The store also carries handcrafted accessories and partners with local artists.

Frederick Shab Row Steve Nancy Castle North Carolina Castle Pine Castle Furniture Rockville Fine Quarters East St

Economy healthier than in 1929 says economists

Economists on Monday argued that today’s economy is healthier than in 1929 despite a stock market slump. Growth runs about 3.5 percent annually, the dollar has fallen aiding a gradual trade deficit correction, and consumer spending stays healthy despite high debt. The Fed shows willingness to inject money to curb rate spikes, preventing a repeat of 1929 collapse.

New York U.S Kathleen Cooper Security Pacific National Bank Los Angeles Federal Reserve

Also Mentioned on This Page

Quynn Atlantic City Fred Smith Eddie Reategui Mark Gonzales John Lucero Visa MasterCard Ed Waters Jr Ronald N. Young Che Frederick Ows Frederisa Linton, Shafer & Co M. Dunbar Ashbury Jr CPA Frederick Holiday Inn Rowe Nancy Castie Pine Quarters Chevy Chase Maeyland Keney Frederick Branch Patrick Street Maryland Money Poni, Super Ielling, Cite Kingvattl Sease Sormiasine Caminwmindesmantity Aml CP Ane Eevee Atari Renessubyyea Laneal Penal Ulia
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