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Bluefield Daily Telegraph in Bluefield, West Virginia

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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Aug 17, 1990

Page

5

Fragmentary item hints at a local notice

A damaged OCR line suggests a fragmentary local notice or brief item. Readable clues imply an official action or public notice, but details are incomplete and names, dates, and places cannot be confirmed.

SBA Loan Guarantees Boost Small Firm Exports

Small firms gain export aid from SBA with loan guarantees and international trade programs. West Virginia director Marvin P. Shelton notes that expertise and financing unlock overseas markets. Programs include loans for fixed assets, working capital, export manufacturing, and matchmaking missions. Contacts in Clarksburg and Charleston. Greg Jordan.

U.S. Small Business Administration SBA Marvin P. Shelton West Virginia U.S Clarksburg Charleston

Stock prices nosedive on Wall Street

Wall Street fell sharply on moderate volume as inflation signs and Middle East tension unsettled markets. The Dow dropped 66.83 to 2,681.44, with 1,300 stocks down vs 330 up, amid higher price readings and a weaker housing report.

New York Middle East New York Stock Exchange Consolidated

Inflation Up as Costs Rise While Housing Starts Fall

The CPI rose 0.4 percent in July signaling persistent inflation before the oil shock. Core prices gained 0.6 percent, while energy costs fell 0.7 percent. Housing starts dropped 2.6 percent to the weakest since the last recession, complicating Fed policy decisions.

Ume Dow Labor Department Department Commerce Department Washington Kuwait Robert Dederick Northern Trust Co Georgia State University Donald Ratajczak Federal Reserve Fed Ratajczak

Commodities rise as Gulf tensions lift markets

Gold futures rose on the New York Commodities Exchange as Persian Gulf developments spurred a rally in crude oil, a stock market slide, and inflation fears. West Texas Intermediate crude settled higher, heating oil and gasoline gained, and livestock futures mixed on the Chicago Mercantile Exchange.

New York Commodity Exchange Persian Gulf Dow Jones New York Mercantile Exchange West Texas Coe Chicago Mercantile Exchange

Dollar slides to record low vs mark amid Gulf tensions

U.S. dollar sinks to an all time low against the German mark as Middle East turmoil and signs of economic weakness drive a broad sell off in foreign exchange. Gold climbs while the dollar drops against the Swiss franc and pound amid CPI data and Iraqi stance.

New York Durin Persian Gulf U.S Middle East Scott Horwitz Bank of Boston Saddam Hussein Kuwait

James River Restructures Core Operations in Major Shakeup

James River Corp unveiled a sweeping restructuring at its Richmond headquarters, selling or shutting down 1.3 billion dollars in nonperforming specialty units. The plan concentrates on towels and tissues, Dixie food service, food and consumer packaging, and communication papers to fuel a capital investment program and global growth.

Richmond, Va James River Corp James River Dixie Food Service

Also Mentioned on This Page

Ron Greg Jordan The Daily Telegraph Greg Jordan Consumer Price Index Mamj Jd Wheat First Securities, Inc Oya As IBM AMR Kmart Lowes Amrich Amoco Armco Toy Nynex PhilaEl Exxon Tenaco Texaco Wiliam H WinDix Giatpc Ameipwr Dom Res Grumman Mesa Lp Sara Lee Allied Sgns Deere Hel Myers Mo Morris Amer Brands E Hercules Mesa Ofer Signet Bk Amerada Dinpips Sie Hous Ind Mesa Roy Amer Hm Pd Humana Twil Enrgy SoCo Amer Family Det Ed Myian 17 Ashland Oil Duke Pwr John Jn Nalco Chem Snehne M Avon Kelly Oil Nik Sthn Atlas Corp Estra G&f Kerr-McGee Nacco Ind Texas Alr Balg&e Eme Radio Coca Cola Ohio Ed Transamer Unisys Pub Soc NM United Tech Inti Front Mc MFS Westwhse Col Gas Gerb Sc APCO Quak St O Crmahnwie Grace WR McDonalds Reebok Valero GTE Marion Lbs Sme Ser Cyprus Min Wheat First H B Fuller Soousface Inc Financiel Corp Key Centurion Ladd Furniture Iiens MCI Communications Um Nash-Finch Co Nat'l Banc of Commerce Apple Computer Bassett Furniture One Valley Bancorp Premier Bank Cadmus Communications S&k Famous Brands Firet Fed S&l SC Summit Holding Corp Westmoreland ix Inc Williams Inc First Carolina Troy Ozrey S Wed Wall Street Rcent Bush United States Hussein United Nations Bargo Iraq Wilshire Associates NYSE Standard & Poor S&p American Automobile Association Computer Petroleum Corp Mark Jefferson Street
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