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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Oct 31, 1978
Page
1
The market ends a volatile two week slide with the Dow down over 17 points at noon before finishing higher, as 59.48 million shares traded. Analysts note inflation, rates, and margin selling as drivers, with debate over whether the decline signals a looming recession or a temporary pullback.
Walter E. Weikers, Baltimore furniture salesman and former defendant in Mandel corruption trials, appeared before a federal grand jury in Baltimore seeking the identity of the person who arranged the jury tampering. He arrived with his daughter Susan and attorney Harold Glaser. comments were unavailable. The report notes the Numbers Game daily lottery winner drawn Monday was 419.
George Beall, brother of GOP candidate J Glenn Beall Jr, accuses Democrat Hughes of using state employees and staff on leave to campaign. The claims involve state highways officials and a $5000 fund raise in Somerset County. Officials comment on legality under state and federal law. Cumberland News endorsement boosts Beall.
Public works director says an auditor urged charging Eastalco interest on an unpaid bill to the Metropolitan Commission to balance accounts. Eastalco disputes the recollection, arguing no contract provision requires interest. The county approved abating the bill after debate over past overcharges and potential interest on both sides.
A 31 year old Baltimore man Aaron Gartrell died when the Crown Central Petroleum gasoline tanker he drove overturned on Route 0 near Cheverly Maryland and burst into flames trapping him inside the burning vehicle per Maryland State Police.
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