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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Aug 08, 1997
Page
5
West Virginia Governor Cecil H. Underwood honored by the National Governors Association for promoting early childhood development. Award cites his support for Starting Points Early Childhood Centers across nine counties in the state.
Stocks turned lower in New York as bond prices fell and rates rose from a 17 month low. The Dow Jones Industrial Average dropped 71 points to 8,188 after a brief early advance, while broader indicators fell in the final two hours of trading.
A series of blotter items include a woman penalized for obtaining a prescription and found with near empty pills, about $50 in meds involved. Bobby Lee Muncy reports a stolen .45 pistol from under a couch cushion worth $300. Elizabeth B. Tilley, 60, arrested on two counts of assault and two counts of reckless driving. burglary at Janet Horden’s Glenwood area home with magazines and two answering machines taken. a Coopers man hit with an iron pipe. Clarence A. Newson, 27, Bluefield, arrested for transferring stolen goods.
The dollar finished mostly lower in New York trading marking a pause after a week of declines while the pound surged to a 10 month high after Britain’s central bank signaled no further rate rises for now. Britain’s economy has outperformed Europe, fueling a series of Bank of England rate hikes.
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