Fragile OCR finds inoperative notes on event
Readable fragments indicate an undefined item from a local page segment. The text mentions a figure or team but lacks clear names, places, or dates to identify a concrete event or outcome.
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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Aug 06, 1997
Page
5
Readable fragments indicate an undefined item from a local page segment. The text mentions a figure or team but lacks clear names, places, or dates to identify a concrete event or outcome.
Tech shares and smaller companies bolstered the market after a prior run of records. The Dow fell 10.91 to 8187.54 while the S and P 500 gained to 952.37 and the Nasdaq rose 16.08 to 1621.53 as volume reached 525.66 million. Bond yields climbed for the third straight session after a 17 month low.
The Conference Board reports the Index of Sea Economic Indicators remained at 103.8 in June, matching May and defying expectations of a 0.4 percent rise. Analysts say the data imply ongoing but modest growth with no overheating, while Wall Street keeps a cautious stance after a strong previous rally.
The Agriculture Department unveils a centralized loan servicing system from St. Louis to handle 10,000 West Virginia home loan borrowers and 550,000 nationwide, promising seven day access to accounts, 10 hour daily support, escrow services, and automatic payments. The system aims to save 250 million dollars over five years and reduce 16 regulations to one. West Virginia Rural Development Director Bobby Lewis and Secretary Dan Glickman tout improved service for low income rural families.
Georgia-Pacific Corp. board declares regular quarterly dividend payable August 20 to shareholders of record August 8. Directors also promote Debbie Davidoff Moscon to vice president containerboard and recycling to oversee containerboard sales worldwide and lead the wastepaper procurement for about 1.5 million tons used annually.
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