Stock Market Caps Busiest Week With Gain
The stock market edged upward in reduced trading Friday as investors stepped back and caught their breath after a record-setting two day buying spree.
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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Aug 05, 1978
Page
8
The stock market edged upward in reduced trading Friday as investors stepped back and caught their breath after a record-setting two day buying spree.
Markets closed Friday with the Dow up 1.56 to 688.43, marking the week’s best performance as Wednesday’s surge led a 32.14 weekly gain. Volume reached 37.91 million shares, amid an active but lighter week than Thursday’s record 66.37 million, with weekly total 220.55 million. The NYSE composite rose to 58.34 and the AMEX and NASDAQ indexes edged higher, while Friday’s activity followed revised prior figures.
The article lists representative over the counter quotations from Wheat First Securities as of approximately 4:48 pm with inter day market changes. It shows bids and asks for multiple firms including American Furniture Bassett Furniture Dominion Bankshares Federated Four Phase Systems Lowes Companies Pulaski Furniture Service Merchandise Strother Drug Westmoreland Coal and others with varied percentages in bid and ask columns.
The Educational Committee of the Greater Bluefield and Princeton Mercer County Chamber of Commerce sent a position statement to Mercer County Board of Education. It urges weekly citizen and school board meetings, a bond referendum for repairs or replacement, careful consideration of consolidation effects, and a special election for the bond issue.
Bishop Eugene Clark will deliver the introductory message at the 46th annual United Holy Church convocation to be held at Easley's Tabernacle in Princeton from Sunday August 6 through Sunday August 13. Monday night is Citizens' Night with Princeton ministers and choirs joining in fellowship.
The Rev. David Chapman of Mount Olive Baptist Church will preach at Mount Zion Baptist Church during the 11 a.m. service. The Senior Choir will provide music.
The Memorial Church of Christ invites all denominations to VBS from August 7 to 13 daily 7 to 4. A Glenwood Park picnic is planned for Saturday August 12. Graduation program Sunday August 13 at 10 a.m. from the church mile south of Princeton Community Hospital on New Hope Road led by senior minister Glenn A. Tabor Jr.
The 54th anniversary of First Baptist Church Giotto began Thursday August 3 and runs through Sunday evening. A dinner will be served at the church Sunday after morning service.
The Church of Christ at Tazewell will host a non denominational gospel tent meeting in the War area from August 7 to 11. nightly services begin at 7 30 with Evangelist Gerald Baker as speaker. The tent sits across Rt 16 from Big Creek High School and will feature special singing.
Bossevain Baptist Church will host Vacation Bible School from August 7 to August 11, running daily 9 to 12. All children are welcome to attend.
Evangelist Geneva Lewis sponsors a Sunday musical program at 6 at Union Baptist Church on Wilson Street. Youth Fellowship Chorus of Mount Olive Baptist Church and Union Baptist Church Senior Choir will perform under Rev. John Hooper, pastor of the host church.
Deadline for placing Classified Reader Ads corrections and cancellations is 1 30 P M for next day Monday through Friday Sundays deadline is 4 45 P M Friday Open Saturday 11 A M to 12 noon for corrections and cancellations only We do not start any reader ads in Monday papers This newspaper is only responsible for one day on an incorrect ad unless the ad appears wrong on Sunday and we are closed then you will be allowed two days Please read your ad the first day it appears.
Auction Saturday August 5 in Princeton WV features the estate of Mrs E K Ketron at 205 Walnut Street. Items include glass and marble tables iron chairs carpets Radios furniture a Packard sedan plus appliances and household goods to be sold beginning 11 AM with a noon car auction. Mary Eleanor Bive is the auctioneer.
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