Brady proposes single agency to coordinate market rules
Nicholas Brady, secretary of the treasury, says a single agency like the Federal Reserve should coordinate all financial market regulation. He notes improvements in monitoring and collaboration after the 1987 crash and outlines readiness to testify on reform proposals while avoiding immediate, sweeping changes.
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Stock market ends week with gain amid mixed results
The Dow rose 5.94 to 2,689.14 as the week-long recovery from the Friday 13th selloff continued. NYSE volume was 164.83 million shares with 662 advances, 829 declines, and 478 unchanged, while the composite indexes showed mixed moves across the NYSE Nasdaq and AMEX. Maryland unemployment stabilized at 3.9 percent in August, the lowest August rate since 1973, with job gains in manufacturing and construction offset by declines in total employment.
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Food Lion to Open Walkersville Store This Sunday
Food Lion opens a 29000 square foot Walkersville supermarket at 1 p.m. Sunday. The store lacks a bakery and deli, is served from Petersburg Virginia, and is part of Food Lion’s growing network of over 600 stores. Managers Pete Haines and Denny Souris named, with hours 8 am to 10 pm weekdays and Saturdays and 9 am to 3 pm Sundays.
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Grain futures and livestock reports from Chicago and Des Moines
Grain futures on the Chicago Board of Trade show wheat corn and soybeans with bids and daily sales figures. Des Moines and Omaha livestock markets report boxed beef demand light, cattle and hog prices mixed, with daily slaughter estimates and regional quotations from futures and cash trades.
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Frederick
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Frederick Livestock Ave
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