Stocks Mixed as Small Caps Outperform Blues on Calm Session
New York stocks opened mixed with smaller company shares leading gains while blue chips fluctuated. The Dow swung intraday, closing down about 28 points near 7,859 as investors absorbed a light economic calendar and a firmer dollar supported Treasuries. overseas markets showed mixed results with Tokyo edging higher and Frankfurt easing.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Dow
Treasury
U.S
Tokyo
Frankfurt
Livestock Sale Reports From Alderson Narrows and Tazewell Markets
A composite livestock sales report covers Alderson, Narrows, and Tazewell markets. It notes total sales of 351 head at Alderson Aug 22 totaling $116,740.88, with detailed price ranges for steers, heifers, calves, cows, bulls, lambs, goats, and pairs. Narrows reports Aug 23 sales of $300,408.19 including hogs, sheep, goats, cattle, and stockers, with multiple weight-based price bands. Tazewell Farmers Stock auctions Aug 21 list price ranges for heifers, steers, bulls, slaughter cattle, breeding stock, lambs, sheep, goats, plus upcoming horse, tack, and yearling sales.
MENTIONED IN THIS ARTICLE
Alderson
Narrows
Farmers Livestock Market
Tazewell
Farmer’s Livestock Market
Comcast eliminates five local jobs in Bluefield
Comcast plans consolidation of management and administration, moving operations to Johnson City Tennessee. Five Bluefield positions are cut while the Bluefield office remains open to provide local customer support and technical services. The company will assist displaced workers in finding new positions.
MENTIONED IN THIS ARTICLE
Bluefield
Comcast Communications
Johnson City
Tenn
Alison Jenkin
South Central District
Comcast
Jenkin
Food scares rise as germs hit strawberries and burgers
The report highlights E coli in alfalfa sprouts and unpasteurized juices, hepatitis in strawberries, and 140 illnesses from raw oysters, prompting a recall of 25 million pounds of hamburger. Industry and regulators push HAACP programs, warnings on unpasteurized juices, and experiments with pasteurization and irradiation to curb contamination.
MENTIONED IN THIS ARTICLE
Washington
Caroline Smith DeWaal
Center For Science
Food and Drug Admin
Dane Bernard
National Food Processors Association
Treasury bill rates rise in Monday auction
In Washington, short term Treasuries showed higher yields as the Treasury sold 11.9 billion in three month bills at an average discount of 5.12 percent and 12 billion in six month bills at 5.14 percent. The rates marked the highest since August and imply yields of 5.26 and 5.35 percent respectively for standard $10,000 and $9,740.10 bills, while the one year bill yield eased to 5.54 percent last week.
MENTIONED IN THIS ARTICLE
Ron Campbell
Robert Thomas Securities, Inc
Abbott Labs
Allegheny Power
AM. Family Corp
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
Crestar Financial
CSX Corp
Detroit Edison
Dominion Res
DOW Chemical
Dupont
Eastern Ent
Eastman Kodak
Emerson Electric
Ethyl Corp
Exxon Corp
First Union Corp
Virginia Bank
Flowers Industries
FMC Corp
Food Lion Inc
Ford Motor CO
GEN
Electric CO
Motors Corp
GTE Corp
Georgia Pacific
Gillette CO
Glaxo Holdings
Goodyear Tire
Hercules Inc
Humana Corp
IBM Corp
Ingersoll Rand
Intel Corporation
K-Mart Corp
Kroger CO
Lowe's CO
Lucent Technologies
Mapco Inc
McDonald's Corp
MCI Communications
Merck & CO. Inc
Microsoft Corp
Mobil Corp
Monsanto CO
Mylan Labs, Inc
Nash Finch CO
Nationsbank Corp
Navistar Int'l
Nike, Inc
Norfolk Southern
Occidental Pete
Phila, Electric
Philip Morris Cos
Phillips Petroleum
Pittston Minerals
Potomac Elec
PWE
Praxair, Inc
Pulaski Furniture
Reebok Int'l
REX Stores Corp
Reynolds Metals
Rite Aid Corp
RJR Nabisco Hldg
Rockwell Int'l
Sara Lee Corp
Sears Roebuck
Sherwin Williams
Shoney's Inc
Signet Banking
Southern CO
Tenneco Inc
Texaco Inc
TRI Continental
Union Carbide
Union Pacific
Unisys Corp
Universal Corp
Usair Group
USX
Marathon Oil
U.S. Steel
Wal-Mart
Walt Disney CO
Wendy's Int'l
Westinghouse EL
Westvaco Corp
Xerox Corp
DOW Jones
Washington
Treasury
Treasury Department
Federal Reserve
Stranded motorist and multiple small incidents reported
A stranded motorist was reported on John Nash Boulevard and aid given. A fight between Raleigh and Monroe Streets was reported but nothing found. A vehicle struck a house on Augusta Street Extension. details incomplete. A breaking and entering on Frederick Street was unfounded. On Aug 24 a fight near McDonald’s on Bluefield Avenue occurred with no weapons. Loud music on Ellis and Bland Street led to a warning.
MENTIONED IN THIS ARTICLE
John Nash
A.W. Buzzo
Raleigh
Monroe
J.A. Jones
M.A. Beck
Augusta Street
J.M. Williams
Frederick Street
McDonald's
Bluefield Avenue
Ellis and
Bland Street
R.F. Ferrell
Also Mentioned on This Page
Alderson Livestock Market
Beckley Bariatric Clinic
E. O. Rubio
Green Valley
Blue Prince Rd
Dr. Rubio, MD
The
American Society Bariatric Physicians
Priddy’s Manufacturing
Spota
Beckley
Sophia
Daily Record
Yneval
ONE Valley Bank
FDIC
One Valley
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