Administration trims 1993 growth forecast amid slower economy
Washington analysts note Clinton administration lowers 1993 GDP growth to about 2 percent with inflation seen at 3.3 percent. predicts inflation, rates, and deficits trend modestly. Forecasts show 1995–1998 growth near 2.6 percent to 2.7 percent, unemployment improving to 5.5 percent by 1998.
MENTIONED IN THIS ARTICLE
Washington
Chinton
Congress
Leon Panetta
Clinton
George Bush
Tyson
Bush
Mortgage delinquencies rise across FHA VA loans nationwide
The Mortgage Bankers Association reports a second quarter delinquency rate of 4.39 percent, up from 4.29 percent, with FHA loans up 54 basis points to 7.43 percent and VA delinquencies rising 34 points to 6.57 percent. Regional increases appear in all four regions, led by the West.
MENTIONED IN THIS ARTICLE
Washington
Mortgage Bankers Association
Warren Lasko
Association
Lasko
West
California
Northeast
North Central
South
The
Southwest enters East Coast with service to Baltimore and Cleveland
SWA president Herb Kelleher says more than 89,000 advance reservations show strong demand as Southwest launches service to Baltimore Washington International and Cleveland with introductory fares of 19 dollars to Cleveland and 39 dollars to Chicago Midway. Unrestricted one way fares rise to 49 and 89 dollars respectively. Airport officials welcome the move, predicting boosted traffic and local economic impact though job expansion at BWI is not planned.
MENTIONED IN THIS ARTICLE
Baltimore
Southwest Airlines
Chicago
Cleveland
Herb Kelleher
Balimore Washington International
Southwest
Kelleher
Bwi
Midway Airport
Keileher
Agsgl I Guild Fanti Oy
Bank For Southwest
Jay Hierholzer
Trustee backs WYVN-TV sale in Martinsburg for 14 million
A bankruptcy trustee recommended selling WYVN-TV Martinsburg to Benchmark Communications Inc Baltimore for 14 million. Judge L Edward Friend scheduled a Sept 17 creditors hearing in Morgantown. Flying A Communications Inc had asked 2.5 million. trustee is Berkeley Springs based.
MENTIONED IN THIS ARTICLE
Wheeling
Wva
Wyvn-Tv
Martinsburg
Benchmark Communications Inc
Baltimore
L. Edward Friend I
Morgantown
Flying A Communications Inc
Berkeley Springs
Benchmark
Joe Mathias
Stallion Management
WYVN
Flying A
Judge Friend
Fox
MS Aol
Frederick Underwriters hosts second TIPS seminar at Jennifer's Restaurant
Frederick Underwriters offered a free TIPS seminar for area restaurants to boost alcohol awareness. Taught by Gail Stender, the session included many local venues and organizations and aims to meet Frederick County liquor requirements. A follow up TIPS seminar is scheduled for Sept 12 at Quail Ridge Inn Mount Airy with reservations via Ms. Stender.
MENTIONED IN THIS ARTICLE
Frederick
Order of Moose
Brunswick
Gail Stender
Bell Atlantic Reports 22 Percent Q2 Earnings Rise
Bell Atlantic Corp, citing growth in telephone and cellular businesses, reports second quarter earnings up 22 percent from a year ago. Net income reaches $3.626 billion or 83 cents per share for the quarter ended June. Revenue increases 2 percent to about $32.2 billion. A onetime charge of $39.9 million or 9 cents per share due to debt retirement and disposal of nonstrategic units reduces profits.
MENTIONED IN THIS ARTICLE
Philadelphia
Bell Atlantic Corp
English Rose Moves to 112 E Patrick Street Frederick
English Rose relocates to the Antiques Emporium at 112 East Patrick Street Frederick offering lamps custom lampshades fastilae and Heene lace vintage white clothing hats and embroidered paintings from the Cottage Collection. Open 1 am to 5 pm daily except Tuesday and Thursday with hours and contact 846 4280.
MENTIONED IN THIS ARTICLE
Pamela Woods
English Rose
E. Patrick St
Frederick
E. Patrick St. Frederick
Safest World Airlines Named In 16 Carrier Ranking
The International Airlines Passenger Association lists the top 16 safest carriers by size in its Travel Safety Alert Newsletter. Major U S airlines American British Airways Delta Lufthansa Scandinavian Southwest join the biggest group, with All Nippon Airways America West Ansett Australia Canadian Airlines and Saudi Arabian Airlines leading midsize and Alaska Finnair KLM Malaysian Swissair in the next tiers.
MENTIONED IN THIS ARTICLE
Washington
International Airline Passengers Association
David Stempler
Association
American Airlines
British Airways
Delta Airlines
Lufthansa German Airlines
Scandinavian Airlines
Southwest Airlines
All Nippon Airways
America West Airlines
Ansett Australia Airlines
Canadian Airlines International
Saudi Arabian Airlines
Alaska Airlines
Finnair
KLM
Malaysian Airline System
Swissair
Grain futures open on Chicago Board of Trade
Chicago futures trading shows grains with Dec contracts quoted around 243 245, with highs near 255 and lows near 243 amid ongoing activity on the CBOT. Open interest listed at about 249,478 as traders react to market signals.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Rowe Price posts record Q2 earnings of 11.5 million
Baltimore based Rowe Price Associates Inc reports record second quarter earnings of 11.5 million dollars or 76 cents a share, up 38 percent from a year ago, driven by fees earned on assets. Net income was 8.4 million or 56 cents per share in the same quarter last year.
MENTIONED IN THIS ARTICLE
Baltimore
T. Rowe Price Associates Inc
Also Mentioned on This Page
Allen Sinai
Economic Advisers Inc
Boston
Laura Tyson
White House
Council of Economic Advisers
Midwest
Southeast
Commerce Department
Department Sai
National Association of Purchasing Management
OO Callies
Ann Rhoades
Ms. Rhoades
Cama Point
T.sp.s. Seminar
Esieviemien
Captain John's Seafood
Canape's
Chesapeake Bay Seafood House
Order of Eagles
Jennifer's
Lotus Chinese Cuisine
Loyal Order of Moose
Loyal
David Savasten
Uiglobe
Ed Waters Jr
U.S
Dee BR
Silbiger & Coleman
Patrick Street
Edward D. Jones
Stock Market Report
Randy S. Bluhm
4Digit
Edward D Jones
Vinsetti
de A
Tal
Edward D. Jones Co
W. Patrick St. Frederick
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!