Reagan says inflation dropping as critics fear-monger
President Reagan, cheered by a new inflation report, accuses critics of preying on fear to boost politics. He says inflation fell to 2.1 percent annual rate while urging patience, asserting the economy is clearing the wreckage and unemployment will improve. He spoke at a Raleigh rally aiding GOP House candidates ahead of a southern campaign stop.
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N.C
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Evening Blues
America
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Gerald Ford
North Carolina
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William Cobey
City lands first donation for Carroll Creek flood plan
Del. James E. McClellan becomes the city’s first donor as Frederick Mayor Ronald N. Young seeks a wave of land gifts for the Carroll Creek Flood Control Project. The $20 million effort will convert banks into a 120 foot wide linear park and floodway with right of way access through Court Street properties and nearby parcels.
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Del
James E. McClellan
Frederick
Ronald N. Young
Carroll Creek
Young
McClellan
Frederick City
South Market Street
A&p
Court Street
Sears Farm Equipment
Weinberg
Optimist
Wall Street stock prices slump as Dow falls below 1000
New York markets opened with steep declines as the Dow Jones industrial average dropped to 969.61, continuing a sharp retreat after Monday's slide. Early losers included J C Penney Eastman Kodak and General Electric, with the NYSE composite off 3.03 and Big Board volume at 83.72 million shares. The Labor Department noted September consumer prices rose 0.2 percent, marking the smallest rise in five months and an annual inflation rate around 2.1 percent.
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Frederick City drafts zoning ordinance with public hearings promised
City planner Thomas C. Pauls announced a second draft of Frederick City's zoning ordinance due by mid next week. Public hearings will guide changes, with discussions to focus on parking signs fences and sheds. A preliminary comprehensive zoning map will aid explanations but not review.
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Subdivision proposal OK'd by Mount Airy planners
Mount Airy planners approved the Southwind Estates subdivision plan by a 31 vote. Supervisor James R. Shaw expressed questions about one townhouse block’s orientation, while developer Robert Grimes argued reorientation would cross a low density boundary. The town also approved Baysaver site plan and public works bonding, rejected a park utility building site, and discussed Open Space land swap limitations.
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Sunny spell returns as showers end in Frederick area
Weather returns to calm after Monday storms that dumped over an inch across the area. Temperatures easing into the 60s this week with highs near 60 today and in the mid 60s later. mountains cooler by 5 to 10 degrees. Police report two minor injuries from U.S. 15 crashes. one driver charged with negligent driving and another with driving too fast for conditions.
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John Hanson
Jefferson Street
Lawrence N. Brogan
Sunset Ave
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Michael A. Shanahan
Eighth Tylenol bottle tainted with cyanide found
A new contaminated Tylenol bottle was turned in by a West Chicago woman and sent to a lab for fingerprints. The bottle, from lot MC2873, is the eighth tainted vial linked to seven deaths in the Chicago area between Sept 29 and Oct 1. Authorities say no suspect has been identified and the investigation continues.
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Inside The News An Anatole France Quote Cited
A quotation attributed to Anatole France appears in Inside The News noting the French writer’s line It is better to be stupid like everyone than clever like no one. The piece presents the aphorism as a cultural aside without further context.
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Anatole France
Frederick City's East Street Project Nears Completion
Assistant City Engineer Bal C Menon said the East Street project started last March should finish within two weeks with a substantial completion meeting set for November 9. Most work is expected done by then, with final items like sidewalk, curb, gutter, or valve adjustments after the punch list. The project, costing 1.79 million dollars with 0.5 million reimbursed by the state for railroad reconstruction, aims to ease driving and improve the rail system amid minor local disruption.
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Frederick City
East Street
Bal C. Menon
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