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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Oct 23, 1981

Page

11

Frederick officials earn sales honors and bank executives named

Pat Curran and Janie Dean of Blue Cross Maryland earned top sales honors for the second quarter of 1981 at the Frederick regional office. Bob Heffner led five months of Prudential Insurance sales at Monocacy Village, with Paul Wireman ranking second. Nicodemus named director of the National Association of Mutual Insurance Companies. seven Maryland National Bank executives promoted to senior vice president. A tax-law forum at Hood College Oct. 3 will feature local finance experts.

Pat Curran Frederick Blue Cross Blue Shield Maryland Janie Dean Curran Dean Bob Heffner Monosacy Village Prudential Insurance Co Paul Wireman Toronto Heffner Hawaii Charles A. Nicodemus Mutual Insurance Co Frederick County National Association of Mutual Insurance Companies Canada Europe Nicodemus Maryland Association Pennsylvania Association Maryland National Bank Baltimore Richard C. Bandiere Henry D. Felton Harry C. Gottwall Anne Arundel County Timothy D. McMillin Metropolitan Commercial Banking F. Lawrence Silbernage Jr Montgomery County W. Cameron Slack International Hugh A. Woltzen Maryland National Industrial Finance Corp Tatem Hall Hood College Chamber of Commerce Frederck County Anelude John Dallavalie Ed Huebner Mark Alexander Ed Garett Donna Lane Carl Hildebrand Chamber

Economic decline accelerates as durable goods orders drop

The government reports a sharp September decline in non-defense durable goods orders led by a 9.5 percent drop in capital goods and a 7 percent fall in transportation as economist Edward Yardeni warns the economy may further weaken. Inflation-adjusted GNP fell 0.6 percent in Q3 after a 4.8 percent drop in Q2, signaling possible recession.

U.S Edward Yardeni EF. Hutton & Co, Inc Commerce Department Sandra Shaber Chase Econometrics Associates Inc General Motors Corp Sharp Ward Automotive

Salaries vary for attorneys and top earners in industry

The piece notes average and median attorney incomes with ranges from under 16,500 to over 64,828, outlines who may be the highest and lowest earners in business and government, and cites a 194-page survey by Dr. Steven Langer. It also covers paralegal pay, and compares these to broader economic data including motor fuel taxes and auto industry results from 1961.

U.S Steven Langer Abbott, Langer & Associates P.O Park Forest Til Philadelphia New York City Chicago Vicinity Law School Midwestern

Shoestring investing via NAIC plan offers low commissions

New York reports that 3,500 thrifty investors have flocked to the National Association of Investors plan allowing small, fractional stock purchases with minimal fees. Since founding, participants average 25.6 percent gains plus dividends. members pay $16.50 yearly and $5 initial commission to NAIC, then gain automatic reinvestment and quarterly adds.

New York National Association of Investors NAIC Te Naic Royal Oak, Mich P.O. Box

Stock prices retreat as economy shows weakness

New York reports a sliding market with the Dow down 2.76 to 848.27 and the NYSE composite at 69.39. The S P 400 drops 53 to 133.73 while NASDAQ edges up 0.05 to 192.43. Money market funds rise to a record 166.9 billion amid high rates and lower total trading volume.

NEW York New York Stock Exchange Investment Company Institute Mutual Fund Trade Association Standard & Poor S&p American Stock Exchange Hudson’s Bay Oil & Gas Indonesia Amex

Production Down in U S Oil Output from 1970 to 1980

Domestic U S oil production fell from 9.6 million barrels per day in 1970 to 8.6 million bpd in 1980, including Alaskan crude.

U.S

Also Mentioned on This Page

Robert E. McChesney Combined Insurance Company of America New Cumberland Peter Terpeluk Jr Lower Moreland Township U.S Small Business Administration Hood Louis L. Goldstein Jerry G. Carey National Association of the Underwriters Carlos Mercado Wrrm Dean Cunniil NASC Aetna Life & Casualty American Natural Resources Ashland Oil Brown- Forman Central Illinois Public Service Chesebrough-Pond Edwa Ters JR the News Frederick, Md Business Edlier Aerox Ronald Dickinson Cate Chen Tung Yours XEROX Colonial Drive Hagerstown Dow Jones CSE Corp Exxon Fairchild Gulf Oil IBM Kmart Litton Marriott Corp Mercantile Bokshi Mobil Tandy HH Texaco Ry Usfgak Warner National Bank Region Farmers and Mechanics National Bank U.S. Treasury Total Assets United States Equity Capital Common Atock A. No B. No Barrarel Money T. Charles W. Hoff Libe Amururare Charles W. Hoff Charles A. Nicodemus H.D. Warfield, JR Earl D Young Directors
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