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.
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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.
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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.
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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.
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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.
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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.
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