Market closes at record high 1497.02 after surge
Stock prices climbed as the market tested 1500 and closed at a new peak of 1497.02, rising 19.84 points to surpass the previous 1484.40 high set on December 4.
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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Dec 10, 1985
Page
2
Stock prices climbed as the market tested 1500 and closed at a new peak of 1497.02, rising 19.84 points to surpass the previous 1484.40 high set on December 4.
Dale Burr 63 shot and killed Hills Bank president John Hughes and Burr's wife Emily 65 before turning the gun on farmer Richard Goody 38 and firing at Goody's wife Marilyn and their 6-year-old son Mark as they fled. Deputy sheriffs found Burr dead after the incident near Hills Iowa.
In Philadelphia a mental patient who seized six hostages at Archbishop Ryan High School for Boys overpowered by three teenage captives who realized the weapon was a starter pistol loaded with blanks. Steven Gold, 22, was captured after a hostage escaped and others were released ending the 742 hour drama. The teens Michael Wissman Patrick Hood and Raymond Smith were sons of police officers or firefighters.
Honda confirms receipt of a National Highway Traffic Safety Administration letter seeking a recall of about one million 1979 and 1980 Accord and Civic models. Spokesman Takanori Sonoda says the company is studying the problem of front seat belt retraction and has not decided on a recall.
In Charleston West Virginia donations to a flood victims telethon topped $905000 with $67000 pledged Monday. Officials said lines remained open two extra days as appeals continued. Meanwhile in Johannesburg South Africa two more Black anti apartheid demonstrators died and disturbances were reported in at least five communities. US officials reportedly welcomed news that treason charges were dropped against 12 leading anti apartheid activists.
A Christmas tree lights overheated and ignited drapes, starting a fire that killed 8 year old Helen Oliver and injured her 33 year old father Bryant Oliver who broke a window during rescue. Brenda Oliver 34 and two other children were unharmed.
U S Senator Mitch McConnell says Toyota selected Scott County Kentucky as the site for a 500 million auto plant with about 2000 jobs. Toyota officials confirmed the Monday decision and planned Wednesday official announcement.
In Nairobi Sudanese rebels said they seized an army battalion commander and dismissed a report that 400 guerrillas were killed in last week’s clash. They gave no additional details or corroboration.
Congressional panels consider bids from AT&T C P Chesapeake and Potomac and others for the Capitol Hill telephone systems valued at about 30 million. Senate Rules and Administration weighs a 14 million system while House Administration backs AT&T proposal.
Sen. Alan Cranston defends $1.63 million three month outlay on government funded newsletters to California constituents saying the cost is a bargain and about six cents per person. The disclosure shows Cranston led Senate mailers ahead of Arlen Specter and John Heinz with others reporting zero spending.
Cathy Evelyn Smith, 38, arrives at court and pleads innocent to second-degree murder in John Belushi's drug overdose. She also pleads not guilty to 13 counts of furnishing and administering cocaine and heroin to the Saturday Night Live star. Trial-setting hearing set for December 23. she remains free on $50,000 bond.
The U S Customs Service reports fuel and repair bills went unpaid forcing air crews on anti drug missions to pay cash at times. Problems arose after a new Indianapolis financial center consolidated operations leading to late bills and missing records. no planes were grounded though crews in Puerto Rico paid cash for refueling.
The Aiken Standard est 1867 and published weekday afternoons by Aiken Communications Inc. at P.O. Box 456 124 Rutland Drive Aiken South Carolina 29802. Second class postage paid at Aiken South Carolina.
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