17 Apr 1987
Page 1
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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Apr 17, 1987
Page
1
The Federal Communications Commission voted unanimously to raise residential telephone surcharges by 60 cents in July, then $1.50 over two years to reach $3.50 by April 1989. The plan aims to lower long distance rates and deter large businesses from creating separate networks.
Accu Weather calls for mostly cloudy skies with a chance of showers during the day and a high near 54. Tonight will be partly cloudy with a low around 44, details on A-12.
Look back at April 17 1925 life as Bluefield Automobile Club forms inviting 122 charter members led by first member A G Fox local attorney and officer Edwin C Wade school superintendent serving in leadership roles.
Steady rain kept emergency crews alert in Tazewell County as streams edged toward flood levels. Mercer County Airport logged 1.46 inches in 24 hours and another 0.6 inches by Thursday afternoon. Steve Clark of Emergency Services noted minor flooding near Richlands Airport and Clinch River flood risk remains highest, with crest around 8.6 feet, below the 12 foot flood stage.
Above normal rainfall could make April the rainiest since records began at the Mercer County airport. By Thursday afternoon, 4.21 inches had fallen, with 5.55 inches the all time April record set in 1977. May bring more rain as officials track totals.
James C. Miller III, Reagan's budget director, urged the Federal Reserve not to raise interest rates, warning that higher rates could trigger a recession next year. He cited a falling money supply and overreaction as dangers while noting dollar weakness and trade tensions.
The Greater Bluefield Chamber of Commerce advocates a Virginia Department of Corrections plan for a 2,000 bed maximum security prison on a 600 to 800 acre site to be chosen in May. Chamber leaders say the project could create 1,000 jobs and cite broad business support with little opposition.
The Commerce Department reports housing construction fell 3.2 percent in March to a seasonally adjusted annual rate of 1.77 million units, the largest decline in six months. February was revised to 1.83 million, with factory utilization at 79.2 percent, signaling broader economic softness.
Connecticut posted the highest average income per person in 1986 at 19 208, surpassing Alaska for the first time in 14 years and outpacing the nationwide gain of 4.3 percent. New Jersey followed with 18 284, while Mississippi remained last at 9 552. Alaska fell to third as oil and gas slumped.
A state by state listing presents last year’s per capita income figures, followed by the 1986 ranking by income level and the percentage changes from 1985. The data highlight which states led in income, which lagged, and how incomes shifted year over year.
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