Oil price drop eyed on Saudi Nigeria shifts
A Saudi decision to price oil toward market levels and Nigeria’s new government aims to lift output, potentially cutting gasoline and heating oil by about a nickel a gallon by early 1986. Analysts forecast gradual price declines over years, with a risk of price wars unlikely.
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New York
Saudi Arabia
Nigeria
OPEC
William Randol
First Boston Corp
Randol
United States
John Herrington
Herrington
Organization of Petroleum Exporting Countries
Austria
Stephen Smith
Data Resources Inc
Lexington, Mays
Smith
Congress
Bernard Schoenfeld
Irving Trust Co
Federal Reserve
U.S
The
Wall Street
Inflation Seen Stable Amid Mixed Signals on Prices
Wall Street views inflation as subdued with factors supporting stability. Commerce data show GDP inflation around 2.9 percent in Q3, while wholesale prices fell 0.3 percent in August. Economists warn protectionist moves and dollar shifts could alter the outlook.
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New York
Wall Street
Commerce Department
Labor Department
U.S
Dealcom 85 Showcases New Computers At Sheraton Frederick
Dealcom 85 at the Sheraton Inn Frederick drew about 3000 computer dealers from New York Tennessee and California to view latest products from 65 companies. Distribution Plus president Mark Ismach highlighted Silent Partner terminals and brands like Canon NEC Sperry with growth and a new 40000 square foot facility planned for February. An incentive offered a Mercedes Benz for dealer order milestones.
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Distribution Plus
Frederick
Sheraton Inn-Frederick
Mark Temach
John Bova
Distribution Plug
Rick Schofield
Alan Hsiao
Ed Waters Jr
Dealcom
Sheraton Inn- Frederick
Mark Ismach
New York
Tennessee
California
Grove Road
Panasonic
Ismach
Canon
NEC
Sperry
Custom-made clothing trunk show at King's Menswear
King's Menswear hosts a two day fall trunk show November fourth and fifth offering custom made suits jackets trousers and shirts at discounted prices. Dick Kessler says clients can select cloth and features for precise fit with personal measurements ahead of time. Harold Suls Cambridge Tailoring Co will craft the garments and reservations are advised by calling 683-5322.
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King’s Menswear
Market St
Frederick
Dick Kessler
King’s
Kessler
Harold Suls
Cambridge Tailoring Co
BG&E reports eight month earnings and sales data
Baltimore Gas and Electric Co. reported eight month common stock earnings of 1.52 per share after adjustments for the 2-for-1 split and weather effects. Total electric sales rose near one percent, with residential flat and commercial industrial up 1.2 percent, while gas sales fell 6.8 percent due to weather.
MENTIONED IN THIS ARTICLE
Baltimore (Ap
Baltimore Gas & Electric Co
Uniroyal Stockholders Vote On Sale To Management Group
Uniroyal Inc stockholders vote today on selling the company to a management led investment group to counter Carl Icahn bid. If approved, cash of 22 per share and a shift in ownership would follow, boosting debt to 1.057 billion.
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Middlebury, Conn
Uniroyal Inc
New York
Carl C. Icahn
Uniroyal
Icahn
Equity Fund Limited Partnership
Drexel Burnham Lambert Inc
Joseph P. Flannery
Flannery
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