Floods dampen homes sales in August market report
August existing home sales fell 1.3 percent to a 3.81 million annual rate as heavy Midwest floods chilled demand. Midwest weakness led the drop, while Northeast and West posted gains and overall prices edged up. Regional volatility highlighted by Midwest 960,000 rate and South 1.42 million. Prices rose modestly with a national median around $109,200.
MENTIONED IN THIS ARTICLE
Washington
Midwest
David Lereah
Mortgage Bankers Association
South
Northeast
West
National Association of Realtors
Léreah
Realtors
William 5. Chee
California
Hardware back as Ace at Brunswick store
Brunswick Ace Hardware reopens at the Brunswick Shopping Center with a welcome back day on October 9 from 10 a.m. to 3 p.m. Manager Jim Fraser says the store, open 8 a.m. to 8 p.m. Monday through Saturday and 10 a.m. to 3 p.m. Sunday, offers paint electrical plumbing lumber housewares lawn and garden supplies power tools and hunting licenses. door prizes and refreshments accompany the event. call (34-300) for details.
MENTIONED IN THIS ARTICLE
Brunswick
Ace Hardware Store
Jim Fraser
Darlene Minnick
Chuck Cannon
Louder Road
Ace Hardware
Ace
Gold declines as improving news eases inflation fears
Gold prices fell sharply on Monday with October futures at 353.80 an ounce after news of calmer Russian politics and weaker inflation signals. Silver dropped to 445 an ounce, crude oil rose slightly, and heating oil, gasoline, natural gas, and coffee futures moved on.
MENTIONED IN THIS ARTICLE
New York
Commodity Exchange
New York Mercantile Exchange
Keds to donate 5.7 million in price fixing settlement
Keds Corp will donate 5.7 million to women's and children's charities to settle a price fixing case with the FTC and New York AG. The pact bars fixed or pressured resale prices and requires charitable contributions plus administrative costs.
MENTIONED IN THIS ARTICLE
Keds
Be Ava
Washington
Keds Corp
Federal Trade Commission
New York
Reds
John Kelliher
FTC
Rates Down Wall Street Up Rebounds In Tech Shares
Falling rates revived stock enthusiasm in New York with the Nasdaq finishing at a new higher level as tech issues rebound after declines. The Dow rose 24.59 to 3567.70 while NYSE volume reached 24.10 million shares and the Nasdaq hit a fresh high at 759.88. International markets showed mixed moves with Tokyo down and London higher.
MENTIONED IN THIS ARTICLE
IBM
Dow Jones
Kmart
Litton
New York
Loyola Corpis
Marriott
AMAX
Avemco
Mercantile Baltge
Fe Bakshr
Bell Ad
BioWhitaker
Hs Moore Corp
Nations Bank
Citizens Bank
Th Penney
Orp
Pepsico
Comsat
Exxon
Sears
Fedders
FCNB
Wash Gs
F&m Bancorp
Weis Ina
GTE Corp
Ferris, Baker Watts Inc
New York Stock Exchange
Tokyo
London
Farm subsidy clash stalls seven year world trade talks
US Trade Representative Mickey Kantor and EC chief Simeon Brittan remained far apart over farm subsidies as they failed to resolve a key dispute. France threatens to veto Blair House terms, despite progress on other Uruguay Round issues, with renewed talks planned in Brussels on Oct. 13.
MENTIONED IN THIS ARTICLE
Washington
Trad
Mickey Kantor
Simeon Brittan
Chhef
United States
Blair House
France
Su Brian
Kantor
Sir Brittan
Brussels
Mr. Kantor
Big Firms Press for NAFTA Support from Workers and Suppliers
In the NAFTA fight, corporate giants including Chrysler and Wal‑Mart urge employees, suppliers, and shareholders to back the pact. Critics say high‑level pressure alters the political process, while proponents claim the trade deal will expand U.S. markets and create jobs.
MENTIONED IN THIS ARTICLE
New York
NAFTA
Big Three
Automakers
Wal-Mart
Ies
United States
Canada
Bue
TA Uppuliclits
Chrysler Corp
Robert Eaton
Congress
Auto Workers
Washington
U.S
Mexico
Wal-Mart Stores Inc
David Glass
Mr. Glass
Donald Shinkle
Charles Lewis
Center For Public Integrity
Perot Predicts NAFTA Defeat At Delaware Rally
Ross Perot told about 2,500 at the University of Delaware rally that Congress will reject the North American Free Trade Agreement due to voter backlash. He warned the plan would shift jobs to Mexico and urged keeping U.S. manufacturing for national security, urging faith in everyday voters.
MENTIONED IN THIS ARTICLE
Newark
Del
Ross Perot
Congress
Perot
University of Delaware
Delaware
United We Stand
United States
Mexico
Also Mentioned on This Page
Ance Hardware
Ed Waters Jr
News-Post
Associated Press
Mr. Kelliher
Wall Street
American Stock Exchange
First National Bank
First Bank of Frederick Monocacy
Fed. Credit Union
Angela Ledford
Citizens Trade Campaign
Chrysler
John Guiniven
Eaton
Ansistiabaes
Auto
Alan Reuther
United
Aed Sean
Sea AP
Arthur W. Boyce
P.A
West Patrick Street
Frederick
Maryland
Edward D. Jones
Stock Market Report
Randy S. Bluhm
Edward D. Jones Co
W. Patrick St. Frederick
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