Dow Slumps Below 800 As Market Stumbles Again
The Dow Jones industrial average falls 7.61 to 795.85 as stock markets slide for the second straight session. Retailing and pharmaceutical issues lead losses with J C Penney Federated Kmart F W Woolworth dipping while Eli Lilly Merck and Pfizer drop amid weaker July sales data and an Oraflex recall. Jupiter Industries also falls after plans to go private are scrapped.
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NEW York
Dow Jones
New York Stock Exchange
Dow
J.C. Penney
Federated Department Stores
Kmart
F.W. Woolworth
Eli Lilly
Merck
Pfizer
Jupiter Industries
Cabell Alcoholic Center Becomes Statewide Prototype
Corrections Commissioner Joseph McCoy outlines a Cabell County jail based treatment prototype for chronic alcoholics aimed at replacing incarceration. The plan separates alcoholics from revelers, detoxes in a private facility, then moves patients to structured residential care before home-community follow up. Funding may come from federal sources, Health Department, governor’s contingency fund, or the Alcohol Beverage Control Commission.
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W.va
Joseph McCoy
Cabell County
State Supreme Court
High Court
McCoy
Supreme Court
State Health Department
Governor's Contingency Fund
State Alcohol Beverage Control Commission
Virginia Agency To Cut 236 Jobs
RICHMOND AP The Virginia Employment Commission will eliminate 236 positions and drop two job search programs by Sept 30 amid further federal funding cuts. The agency has shed 700 jobs in 15 months and will shift 170 fulltime and 66 temporary workers.
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Richmond
Virginia Employment Commission
VEC
Commission
Ralph G. Cantrell
Cantrell
Congress
Rockefeller and Miller Stay In Patronage Suit Defense
A federal judge denied motions to remove Gov. Jay Rockefeller and state Highway Commissioner Charles Miller from a patronage suit filed by former highway workers Byron Dennison and Frances Blake. Trial set for Aug. 16 in Charleston.
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Charleston
W.va
Jay Rockefeller
Charles Miller
U.S
John T. Copenhaver Jr
Rockefeller
Miller
Byron Dennison
Frances Blake
Dennison
Road Department
Braxton County
Blake
John Onestinghel
Rockefeller and
Elmer Wine
Robert Gore
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