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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Dec 12, 1986
Page
5
The following quotations are provided by Wheat First Securities, Inc. for closing stock prices and market figures observed in trading sessions. Details include latest bid and ask levels, securities popular with investors, and brief notes on price movements and liquidity.
The Dow fell 9.28 to 1,923.65 as volume dipped on the NYSE to 135.99 million. Declines outpaced advances 1,164 to 437 with 424 unchanged, while the S and P 400 slipped 3.09 and the S P 500 fell 2.79. Nasdaq slipped 1.32 to 357.73 and the American Stock Exchange index dropped 1.82 to 264.73.
Andrew L. Clark, owner of Andy Clark Ford Lincoln Mercury in Princeton, says the Chrysler-Dodge portion is dropped to focus on Ford and Mazda. The firm sold Chrysler and Dodge for four years and notes higher Ford and Mazda sales after the change. Clark has operated in the Princeton area 35 years at the Courthouse Road location. Serbia's King Alexander and Queen Braga were assassinated in Belgrade in 1903.
Charles E. Padgett of Sneads Ferry North Carolina sues Heck's Inc. and CEO Russell Isaacs with $1.5 million in compensatory damages and $4.5 million in punitive damages alleging conspiracy fraud Securities Act racketeering illegal fund conversion breach of fiduciary trust and unjust enrichment. The suit filed in U S District Court names Theodore W. Karleman as an official and cites Karleman's 1985 hire to head Maloney Enterprises Inc. as context.
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