Market rebounds from 247-point drop on Monday
Wall Street erased a 76-point intraday loss and then climbed 108.70 to 7,803.36 as the Dow Jones rose after Friday’s 247-point plunge. IBM led gains while Hewlett-Packard dragged techs, and broad declines outpaced advances despite the rally. Analysts cautioned the rebound amid ongoing earnings disappointments from Coca-Cola and Gillette.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Dow
Larry Rice
Josephthal, Lyon & Ross
Tech
Nology
Hewlett-Packard
Coca-Cola
Gillette
IBM
Intel
Fed expected to hold rates as economy hums
Fed policy makers meet behind closed doors as Americans enjoy three decades of strong growth with unemployment at 4.8 percent and inflation subdued. With broad optimism and a stock market bounce, economists expect no rate increase this week though risks from market volatility linger. Greenspan called the economy exceptional, keeping markets buoyant but cautious.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Central Bank
Fed
Greenspan
Wall Street
Daily Record Police blotter Princeton police blotter aug 15 16
A 19 year old Princeton man faces charges of driving suspended and hit and run after his car hit a nine year old girl on Washington Avenue at 9 18 p m and he fled the scene. The girl was treated and released at Princeton Community Hospital. Also a man named Robert Hudgins was assaulted in High Street with a bruised eye and loose tooth. Three forged checks totaling 215 dollars were found at Kroger s drawn on a First Century account. A 16 year old girl was cited for leaving the scene after hitting a parked police station truck.
MENTIONED IN THIS ARTICLE
Princeton
R.A. Mann
David A. Robertson
Washington Avenue
Front Street
Princeton Community Hospital
Robert Hudgins
M.B. Gergely
High Street
Krogers
J.W. Howell
DUI Arrests Reported by West Virginia State Police
Alvin Gene Wise, 33, of Bluefield, arrested on second offense DUI and driving revoked for DUI. Trooper Bruno filed. Jessie R. Brandan, 21, of Panther, cited for shoplifting and public intoxication. Trooper Skala filed. Incident at Hills.
MENTIONED IN THIS ARTICLE
Alvin Gene Wise
Bluefield
S.P. Bruno
Jessie R. Brandan
Panther
D. Skala
Hills
Police logs from Bluefield Virginia police
Bluefield Virginia Police Department 911 requests for August 17 and 18 list two officer requests. August 17 at Wal-Mart Lt. E J Honaker investigated a suspicious vehicle at Fincastle Lane with nothing found. August 18 at State Line Market officer Terry Sarver reported all clear.
MENTIONED IN THIS ARTICLE
Bluefield
Wal-Mart
E.J. Honaker
Fincastle Lane
State Line Market
Terry Sarver
Bluefield Police Log Details Aug 18 Incidents
Bluefield police report include vandalism at Ramsey Elementary School investigated by Officer G W Lightfoot. Leash law violation on Orange Street investigated by Officer K C Hazucka. Possible breaking and entering at Bland Street United Methodist Church investigated by Officers K C Hazucka and G W Lightfoot. Assault victim report on Bluefield Avenue unresolved with detectives Hazucka and Lightfoot. Shots fired near Clark Street with nothing found by Officer J A Jones. Noise at Hardees near Bluefield Avenue prompts officer response. a rabbit was found at the door.
MENTIONED IN THIS ARTICLE
Ramsey Elementary School
G.W. Lightfoot
Orange Street
K.C. Hazucka
Bland Street United Methodist Church
K.C. Hazuoka
Bluefield Avenue
Clark Street
J.A. Jones
Hardees
Also Mentioned on This Page
Ron Campbell
Family Corponna
Ameritech
At&t Corp
AM. Water Works
Anheuser-Busch
Apple Computer
IND. Tech
Ashland Coal Inc
Ashland Oil Inc
Atlantic Richfield
Baker-Hughes Inc
Baltimore Gas & EL
Bell Atlantic
Bellsouth Corp
Bethlehem Steel
Boeing CO
Cabot Oil & Gas
Carolina Power
Chevron Corp
Chrysler Corp
Chubb Corp
Citizens Utilities
Coca-Cola CO
Columbia Gas Sys
Columbia Healthcare
CON. Nat'l Gas
Corning Inc
First Union Corp
1St Virginia Bank
Flowers Industries Ae
FMC Corp
Food Lion Inc
RD Motor CO
N. Electric CO
Motors Corp
GTE Corp
Georgia Pacific
Ite Etc Gillette CO
Glaxo Holdings
McDonald's Corp
MCI Communications
Merck & CO. Inc
Microsoft Corp
Mobil Corp
Monsanto CO
Mylan Labs
Enteneree
Nee Nash Finch CO
Nations Bank Corp
Navistar Int'l
Nike, Inc
Norfolk Southern
Occidental Pete
ONE Valley Bank
J.C. Penney CO
Menos Pennzoil CO
Pepsico Inc
Phila. Electric
Philip Morris Cos
Phillips Petroleum
Pittston Minerals
Potomac Elec
PWR
Rockwell Int'l
Sara Lee Corp
Sears Roebuck
Sherwin Williams
Shoney’s Inc
Signet Banking
Southern CO
Tenneco Inc
Texaco Inc
Tricontinental Union Carbide
Union Pacific
Unisys Corp
Universal Corp
Usair Group
USX
Marathon Oil
U.S. Steel
Walt Disney CO
Wendy's
MTL Westinghouse EL. Westvaco Corp
Xerox Corp
DOW Jones
Boat
David Jones
Aubrey G. Lanston & Co
Alan Greenspan
Congress
Daily Record
Princeton Police Department
W.va
Bluefield Police
Cellular One
Beckley
Harper Road
Cellular
Beckley Crossroads Mall
Mercer Mall
Lewisburg
N. Jefferson Street
Richlands Claypool Hill
Truth For Today
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