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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

Dec 01, 1990

Page

5

Leading economic indicators slip for October and Canada’s GDP dips

The Commerce Department index of leading indicators fell 1.2 percent in October, its fourth straight monthly decline, with eight subcomponents contributing to the drop and three offsetting increases. Canada’s GDP declined 1 percent in Q3 at an annual rate, the second consecutive quarterly drop, while the GDP price index rose 0.7 percent from Q2. First Fidelity Bancorp of West Virginia declares a 12 cent quarterly dividend for December shareholders of record on December 1 1990, payable December 15 1990. Center Corp announces a 0.67 cent increase to 22 cents a share quarterly dividend, payable January 31 1991 to January 8 1991 holders.

Commerce Department Canada Statistics Canada First Fidelity Bancorp W.va Record Center Corp

Stock Information Filed by Scott and Stringfellow

Stock information submitted by Scott and Stringfellow Investment Corp of Bluefield appears in the holders of record section. The filing references shares held and related data for those listed.

Scott & Stringfellow Investment Corp Bluefield

West Virginia Chamber forms task force on health care costs

A 14 member task force, drawn from major West Virginia businesses and two citizen representatives, will study health care system problems and seek creative ways to cut rising health insurance costs. The group will interview hospitals, doctors, pharmacists, and insurers to identify solutions amid Blue Cross uncertainties and public employee plans.

West Virginia Richard E. Northup

Task force seeks suggestions to fix problems and interview officials

A state task force plans to interview key officials and hopes to present a report by late February 1991. In other news a Health Sciences Job Fair happens Monday December 3 in the Hebert Lounge from 11 30 a m to 3 30 p m. BSC Health Sciences students and graduates are urged to attend to meet nursing and radiologic technologist employers from Bluefield Regional Medical Center Princeton Community Hospital Southern Hills Regional Rehab Hospital Welchee Hospital Raleigh General Hospital Veterans Affairs Medical Center Roanoke Memorial Hospitals Charleston Area Medical Center Presbyterian Hospital Charlotte NC and others. Greg Jordan writes for the Daily Telegraph.

Hebert BSC Health Sciences Bluefield Regional Medical Center Princeton Community Hospital Southern Hills Regional Rehab Princeton Welchee Hospital Raleigh General Hospital Beckley Veterans Affairs Medical Center Roanoke Memorial Hospitals Charleston Area Medical Center Presbyterian Hospital Charlotte

Oil prices tumble lift stocks on Bush diplomacy offer

New York AP reports a sharp market rally as oil prices fell after President Bush offered to pursue diplomatic talks with Iraq over the Persian Gulf crisis. The Dow rose 40.84 to 2,559.65, volume rose, and breadth favored advancers. Major stocks including GE, Motorola, AMR, and Pfizer posted gains while others faced declines as investors reacted to the potential easing of tensions and optimistic oil price moves.

New York Bush New York Stock Exchange Iraq Dow General Electric Philip Morris Pepsi General Motors Motorola AMR Delta UAL Abbott Labs Pfizer Eli Lilly Wilshire Associates Standard & Poor S&p

Ravenswood Aluminum workers denied unemployment benefits

A state labor tribunal ruled 1 800 Ravenswood Aluminum Corp. workers who have not worked since November 1 are not eligible for unemployment benefits. The panel found they did not prove they were locked out, nor that wages or benefits were unfairly low, nor bad faith bargaining.

Ravenswood Aluminum Corp State Division of Employment Security Ravenswood Robert Smith Smith

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