Princeton Hatchery Faces Turning Point in West Virginia
Princeton city manager says the January 1986 model Hatchery on Mercer Street is not meeting expectations. With $212,000 Governor's Partnership and $10,000 Benedum grants, the project costs the city about $15,000 yearly, prompting council to consider tenant evictions or rent relief as it seeks a path forward. Three businesses remain behind on rent amid longer occupancy.
MENTIONED IN THIS ARTICLE
Princeton
Leggett Department Store
Mercer Street
Telegraph
West Virginia
Jim Juhl
Juhl
Paul McManaway
George Johnson
Dow Drifts Lower as Gloomy News Hits Markets
New York AP report shows the Dow Jones industrial average sliding 12.38 to 2,590.10 as unemployment gloom weighs on investor sentiment. Narrowing weekly gain to 30.45 points, decliners outpaced advancers across NYSE trading with 759 up, 778 down, 500 unchanged. Volume on the Big Board fell to 164.95 million shares, with nationwide NYSE activity at 199.71 million. Wilshire index shows a 10.39 billion loss, a 0.34 percent drop. NYSE composite fell to 179.07, S P indices slid while NASDAQ edged down and AMEX closed up 0.10.
MENTIONED IN THIS ARTICLE
Allegheny Power
Ameritech
At&t
Water Works
Anheuser-Busch
Apple Computer
Ashland Coal
Ashland Oil
Atlantic Richfield
Epsoo
Bearings Inc
Earings Inc Paes
Fess
Hoss Sear
Bela Seles
Cabot Corp
Carolina Power
Nat'l Gas
Corning Inc
CSX Corp
Detroit Edison
Walt Disney
Dominion Res
Dominion Beshs
DOW Chemical
Dupont
Rae
Eastman Kodak
Ethyl Corp
I2az
Ford Ae
Terano
Ensan
GEN. Motors Corp
At Corp
Georgia
MCI Communication
Merck & CO
ESA Limited
Imobil Corp
Monsanto CO
Imylanlabs
Nash-Finch CO
Een Southern
Aes Ae
Phila. Electric
Philip Morris
Phillips Pete
Pittston Coal
Potomac Elec
PWR
Bankshare
Ace
Sanaa Furniture
Prey
Mae
Sara Tree Corp
Lassa
Eer
Ee Seth
Hee He Inc
Ea East
Aaa Universal Corp
WAL Mart
WAC Hart
Westvaco Corp
Xerox Corp
NEW York
Wilshire Associates
NYSE
Standard & Poor
S&p
American Stock Exchange
New York Stock Exchange
Citicorp
Indus GenEkt
Utis
Toysrus
AmExpr
BankAmer
West Virginia Economy Shows Continued Quarterly Growth
West Virginia's economy posted further growth in the third quarter according to First Wachovia Corporation. The Southeast Business Index rose 4.1 percent, while the regional average for 13 states including Virginia, Kentucky and Tennessee increased 1.7 percent. Governor Gaston Caperton hailed the data as strong evidence the state economy is on the move and predicted continued outperformance and job creation.
MENTIONED IN THIS ARTICLE
West Virginia
First Wachovia Corporation
Wachovia
Covernor Gaston Caperton
Virginia
Kentucky
Maryland
North Carolina
South Carolina
Georgia
Tennessee
West
Warranties urged during holiday appliance rush
Greg Jordan notes MACAP urges buyers to compare warranties like price and features. Federal law requires warranty text at purchase for appliances over $15. Full and limited warranties defined with consumer protections and costs explained.
MENTIONED IN THIS ARTICLE
MACAP
Magnuson-Moss
Layoffs surge as recession deepens in US data
Washington AP reports the worst two month layoff surge since 1981-82 pushing unemployment to 5.9 percent in November. Payroll losses totaled 267000 in November and 180000 in October, with nearly 1 million unemployed since June. Federal Reserve cut rates to 7 1 16 percent and banks trimmed prime to 9 1 2 percent, signaling stimulus.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Allen Sinai
The
Boston Co
Federal Reserve Board
GTE Imagespan unveils instant color image retrieval system
GTE Imagespan, a GTE subsidiary, introduced a world wide system enabling users to retrieve high quality color, grey scale or black and white images instantly. Universal Corp raises quarterly dividend to 38 cents payable Feb 1 1991 to record date Jan 2 1991. Allegheny Power Systems declares 79 cent quarterly dividend payable Dec 28 1990 to record date Dec 14 1990. Chrysler Corp announces 30 cent quarterly dividend payable Jan 15 1991 to record date Dec 17 1990.
MENTIONED IN THIS ARTICLE
GTE Imagespan
GTE
E Company
Universal Corp
Record
Allegheny Power Systems
Chrysler Corp
Sewing plants to close in February in Ripley area
Ripley Sportswear plants in Silverton and Ripley will close effective February 8. About 150 employees received notices. Owner Banner Industries blames a sluggish economy and loss of contracts. Weekly payroll at the plants runs about $33,000 with most workers sewing machine operators.
MENTIONED IN THIS ARTICLE
Ripley
Ripley Sportswear
Silverton
Ripothe
Banner Industries
Ron Bender
Bender
Riple Sportswear
Also Mentioned on This Page
Scott & Stringfellow Investment Corp
SIPC
James Barbery
Daily Telegraph
Greg Jordan
GTE Development
Dow Jones
Spiller
Wytheville
Santa Claus & Co
G.lv. Employee Benevolent Fund
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