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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Oct 24, 1995

Page

15

Merger could create top bank

Reports say BankAmerica and NationsBank discuss a merger that would place the combined firm among the world’s top banks with about 412 billion in assets. The move would crown the US as No.1 and challenge rivals, with mixed analyst views and stock reactions.

Top Bank San Francisco U.S NationsBank Corp BankAmerica Corp United States Chemical Banking Corp Chase Manhattan Corp Citicorp Los Angeles Times Barron’s Magazine BankAmerica Charlotte, N.C NationsBank Barrons New York Stock Exchange At&t Charles Schwab BankAmerica- Nations Merrill Ross Wheat First Butcher & Singer Richmond Identi California Oregon Washington Nevada Arizona New Mexico Texas Idaho Alaska Hawaii North South Carolina Virginia Tennessee Georgia Maryland Washington D.C Connecticut Washington, D.C Chamber of Commerce Rhea Serpan

Maryland economy grows slower than 1994 level study says

A University of Baltimore Regional Economic Studies forecast shows Maryland job growth at 1.6 percent for the July to July period, the slowest in a decade. Manufacturing losses partially offset gains in services, construction, and retail, with Baltimore City facing the steepest statewide job decline and both federal cuts and banking and health sector contractions weighing on the outlook.

Baltimore Maryland University of Baltimore University Regional Economic Studies U.S Michael Conte Conte U.N New York City

First Bank of Frederick Reports 29 Percent Q3 Profit Rise

First Bank of Frederick posts a 29 percent jump in third quarter profit, nine month earnings reach 323,449 up from 250,288 a year earlier. Assets total 78,062,604 as of Sept 30 1995 up 16 percent from last year due to strong loan demand and favorable economy.

First Bank of Frederick

T-bills slide in Monday auction rates fall to new lows

Washington AP reports short term Treasury bills posted lower rates at Monday’s sale with $6 billion in three month bills at 5.22 percent and $13 billion in six month bills at 5.33 percent The three month rate marked the lowest since 5.14 percent on Sept 25 Theodora's Beautiful Beads opened at 12216 Parklawn Drive Rockville offering custom jewelry call 231-7046 for details.

Washington Treasury Treasury Department Theodora Parklawn Drive Rockville

Free public law lecture by Judge Spicer at Mount St Marys College

Judge Oscar Spicer of Adams County Court of Common Pleas will give a free public lecture on criminal law and the judiciary at 7 pm on Thursday October 26 in the Marion Burk Knott Auditorium Mount St Marys College Emmitsburg. Call Professor Kevin Robinson at 447-5396 or the college public relations office at 447-5366 for more information.

Oscar Spicer Adams County Court of Common Pleas Marion Burk Knott Mount St Mary’s College Emmitsburg Kevin Robinson

Grain futures show mixed moves across contracts

Grain futures data lists 5000 bushel minimums with varying prices per bushel across March May July and September in corn, with percentages and odd figures. Soybeans show more stable prices with March May July and August contracts, and open interest rising to 176 825 while Friday sales total 80 178 and open positions up 5182.

Dow Slips as Investors Take Profits on Weak Data

U S stocks fall as investors lock in gains amid concerns over fourth quarter growth. Dow sinks 29.28 to 4755.48 after record highs. volume 330.67 million on the NYSE. Tech shares rise slightly while financials, oil, and auto sectors retreat. notable moves include Bank of America up 1 percent and Exxon off.

NEW York New York Stock Exchange France Quebec Toronto Wall Street Cummins Catherwood Rutherford, Brown & Catherwood Philadelphia Don Hays Wheat First Butcher Singer Richmond Kmart Sears Dow Alcoa United Technology Allied Signal J.P Morgan Bank of America Nations Bank Exxon Mobil Amoco Texaco Eugene Peroni Janney Montgomery Scott Larry Rice Josephthal Lyon & Ross Rice

Also Mentioned on This Page

Steve Didion Hoofer & Armett Bank Report The United Nations Money Magazine Tabitha Rockefeller O’conor Piper & Flynn Frederick Frederick County Association of Realtors W. South St American Express Financial Advisors R. Michael S. Menzies First Bank of Rose Hill Plaza Frederick Shopping Center Patrick Center U.S. 40 New Business Law Dow Jones Industrial Balt GE Avemco Bell Atl Citizens Bank CSX Corp Coca Cola Fcnb Corp F&m Banco Ask First Unite Giant Foods GTE Corp IBM Life Tech Ade Loral Corp Lowes Loyola Corp Fe Marriott Fe Mercantile Bakshr Penney Pepsico Weis Ferris, Baker Watts Inc Ellicott City Nate Cong Intel Microsoft Standard&Poor Standard&Poor’s Harvey J. Sherman D.D.S P.A Irosemarie D. Festog Katie Fieseler R.D.H Thomas Johnson Frederick News Scottsdale Securities Inc AP Business Barometer Scottsdale Mutual Funds On & Gas Epic Reese Scottsdale Securities, Inc Discount Stock Brokers Executive Blvd SIPC Schwab Quick & Reilly Mervill Lynch Rleow
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