Norfolk Southern drops Conrail bid in withdrawal
The Reagan era struggle to sell Conrail ends as Norfolk Southern withdraws its bid. Transportation Secretary Dole regrets the decision but cites ongoing congressional impasse and tax-law changes. Conrail serves 15 states from the Northeast to Missouri and the sale may proceed via a public stock offering to independent investors.
MENTIONED IN THIS ARTICLE
Washington
Conrail
Norfolk Southern Corp
Norfolk Southern
Robert Claytor
Transportation
Elizabeth Dole
Congress
Missouri
Dole
Northeast
Capitol Hill
Green shoots 74 to set pace in Area Golf Championship
Charles E. Green Ill sank a birdie on the ninth hole at Fincastle Country Club during the second round of the Daily Telegraph Area Golf Championship. He finished with 74 for a two day total of 146, bogeying the final two holes and trailing leader Todd Satterfield by seven strokes entering the final round.
MENTIONED IN THIS ARTICLE
Charles E. Green
Fincastle Country Club
Green
Todd Satterfield
Story
Saturday Outside Weather Outlook
Accu-Weather forecasts a morning of low clouds and patchy fog giving way to sun. High near 77 degrees. Tonight partly cloudy with overnight low around 62. Weather A-108.
Dow Jones 30 climbs to 1887.80 on Friday gains
The Dow Jones industrial average rose 6.61 to 1887.80 on Friday and extended weekly gains to 32.20 points. Over the past three weeks the index advanced 124.16 points, with NYSE volume at 118.13 million shares, down from 135.18 million the day before.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Richlands approves 6.8 million loan for water plant
Richlands borrows 6.8 million dollars to build a new water and sewage treatment facility. Mayor says the project will expand service for businesses and residents, boosting available taps across town. Princeton Tigers shut out Hinton Bobcats 18-0 and Mount View tops Oceana 16-6 in Friday high school football openers.
MENTIONED IN THIS ARTICLE
Richlands
Princeton Tigers
Hinton
Bobcats
Mount View
Oceana
Reagan tightens Cuban embargo
President Reagan ordered an end to Cuban immigration to the United States from third countries and announced steps to seal cracks in the 1960 embargo. The measures aim to tighten enforcement, cut off Cuba from U.S. dollars and goods, and curb front companies in Panama and elsewhere that aid evasion.
MENTIONED IN THIS ARTICLE
Washington
Reagan
U.S
Cuba
United States
State Department
Charles Redman
Castro
Local Virginia schools pause drug testing plans
Several southwest Virginia school divisions report no plans to adopt mandatory drug testing for employees or students. Virginia Attorney General Mary Sue Terry seeks legislation to allow testing in state schools while Roanoke Richmond and Salem prepare for related programs. Giles Tazewell and Bland counties enforce alcohol and tobacco bans in schools and consider extending bans to staff in Giles in September.
MENTIONED IN THIS ARTICLE
Virginia
Southwest Virginia
Mary Sue
Terry
Roanoke
Richmond
Salem
Tazewell
Giles
Bland
Giles School Board
Guard issued pistols to carrier linked to killings
Oklahoma City affair states Patrick Henry Sherrill, a mail carrier, was issued the two pistols by the Oklahoma National Guard for a target competition. Maj. Gen. Bob Morgan said Sherrill served with the Oklahoma Air National Guard, earning the good conduct ribbon and the 100 percent drill attendance badge. No prior medical reports warned of such an incident.
MENTIONED IN THIS ARTICLE
Oklahoma City
Patrick Henry Sherrill
Oklahoma National Guard
Sherrill
Oklahoma Air National Guard
Oklahoma
Bob Morgan
Virginia reports 31.6 million surplus for 1985 86
Governor Baliles announced the state ended fiscal year 1985 86 with a 31.6 million surplus at the joint money committees meeting. He noted revenue totaled nearly 4.2 billion, up 8.8 percent from 1985, and warned Gramm Rudman Hollings could cut some federal funds.
MENTIONED IN THIS ARTICLE
Richmond
Gerald L. Baliles
General Assembly
Commonwealth
Senate Finance
House Appropriations
House
Baliles
Gramm-Rudman-Hollings
Virginia
Pan Am agrees to pay nearly $2 million in fines
Pan American World Airways agreed to pay about 1.95 million dollars in penalties for safety violations found by FAA inspectors. The airline reorganized and expanded maintenance by about 200 staff, with FAA confirming actions to correct deficiencies and safe operations.
MENTIONED IN THIS ARTICLE
Pan Am
Washington
Pan American World Airways
Federal Aviation Administration
FAA
Donald Engen
James Arey
Bob Buckhorn
Buckhorn
Pan Am World Airways Violations At A Glance
Agency inspectors list Pan Am violations with multiple cited issues. The report highlights safety, maintenance, and operational concerns found aboard various Pan Am aircraft. Officials urge prompt corrective actions and increased oversight.
MENTIONED IN THIS ARTICLE
Pan Am World Airways
Also Mentioned on This Page
Claytor
Fred Brown
DOW Jones Close
Richlands Plant Loan OK
Princeton
Enna Neeaeesseees
Peteserereeese
Abby Ppute
Elaine Thompson
The
Daily Telegraph
Gerald Baliles
Pan
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