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Bluefield Daily Telegraph in Bluefield, West Virginia

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Dec 15, 1990

Page

5

Inflation climbs as prices rise amid slowing economy

Washington reports a 0.5 percent November rise in the Producer Price Index for finished goods, signaling persistent inflation despite moderating energy costs. The Fed also reports manufacturing’s steepest one month drop in eight years, triggering market declines and speculation on the Fed’s future rate moves.

Washington Federal Reserve U.S Labor Department

Coal industry predicts 1990 production topples 1 billion tons

U S coal production and consumption are forecast to exceed one billion tons in 1990, the fourth straight year of record output. The National Coal Association notes a 4.2 percent rise to about 1.02 billion tons, led by utility demand and higher exports, with West Virginia and Kentucky among top producers.

Charleston U.S John Grasser National Coal Association Washington, D.C Grasser Unusu West Virginia Kathy Sloan State Division of Energy Wyoming Kentucky Mark Polen West Virginia Coal Association

Stock Market Retreat as Inflation and Rates Rise

New York reports a broad stock market pullback with the Dow down 20.55, volume slipping to 150.88 million on the NYSE. Advancing issues trail declines by about 2 to 1, with notable drops in Philip Morris IBM GE AT&T Castle & Cooke and Dole. The Wilshire index shows a $22.84 billion loss, and major indexes including the S and P 500 and NASDAQ fall across the board.

Abbott Labs Allegheny Power Tae AM Family Ameritech At&t Water Works Anheuser-Busch Ieee Toasoa Atm Atlantic Anghfield Endore Gas &Ec Wears Ean Bell Atlantic Press Ang Bellsouth Corp Renna Ssor Sion Stao C&S/SOVRAN CABOT CORP Sivas Ene Oe Se Carolina Power Chevron Corp Sso Ara Chrysler Corp Coca-Cola CO Columbia Gas Sys Nat'l Gas Corning Inc CSX Cor P Erry Enon Neece Detroit Edison Walt Disney Vara Dominion Res Dominion Beshs Dupont Ga Emerson Electric Exaon Corr Szosto Veartezee Carolina Inv Virginia Bank Puce Neerema Erooce Seem Oe Mengesseries Eleric Fesassa Gosen Sara Tural Szost 3Orm GEN. Motors Corp STE Corp Sana Zie Fae Seem Iuette Co Merck & CO Mesa Limited Mobil Corp C. Penney CO Pennzoil CO Mee Inc Philip Morris Otomac Elec. Pwr Reebok Reynolds Metals Rite Aid Corp Rockwell Int'l Sears Roebuck Shoney's Inc Signet Banking Haseam Eas Sarre Forcow Ses Eam Wi New Jones Tion Michael K. Evans Washington Elliott Platt Donaldson, Lufkin & Jenrette Federal Reserve New York Labor Department International Business Machines General Electric American Telephone & Telegraph Castle & Cooke Dole Food Co Wilshire Associates NYSE

Protecting your appliance warranty with test use tips

Greg Jordan explains how to maximize warranty coverage for new microwave and dishwasher purchases. MACAP warns warranties are time based, not usage based, so issues arising after expiration may be unpaid. Test all features early, report problems promptly, keep written records and service receipts, and communicate with dealer, service agency, and manufacturer.

MACAP

Dow Jones Averages Final Trading Snapshot

New York AP reports final Dow Jones averages with daily highs and lows for each component stock. The summary shows the Industrials, Transports, and Utilities totals, including open high low close figures and daily changes, reflecting intraday price activity.

New York SK Cesene Indus Tran Utits

Kerkorian buys over nine percent of Chrysler shares

In Beverly Hills a Kerkorian spokesman confirmed ownership of more than 9 percent of Chrysler Corp. shares but refused further comment until lawyers issue a statement. NCR Corp. filed federal suit in Dayton against AT&T over tender offer disclosures, calling them false and misleading. NCR seeks relief, injunction, and validation of its shareholder rights plan under Maryland law.

Kirk Kerkorian Beverly Hills Calif Kerkorian Chrysler Corp NCR. Corp American Telephone & Telegraph Co Dayton At&t NCR Securities and Exchange Commission Maryland

US producer prices rise 0.5 percent in November

U S producer prices of finished goods climbed 0.5 percent in November, at a 6.1 percent compounded annual rate, following October's 1.1 percent rise and September's 1.6 percent gain. For 1990 calendar year, the PPI rose 6.9 percent CA rate. Capital Cities/ABC declares quarterly dividend of 0.5 a share payable January 31, 1991 to record holders of December 31, 1990.

U.S Labor Department PPI Capital Cities ABC

Also Mentioned on This Page

Scott & Stringfellow Investment Corp SIPC Greg Jordan The Daily Telegraph Dow Jones Sat Sun Jorenney Mercer Mall Chrysler Investment NCR Corp. Suit GIV Benevolent Fund Committee General Injectables & Vaccines, Inc Bastian Spiller Elementary School Wytheville Santa Claus Bland Wythe Dunn Motors, Inc First Virginia Bank Nautilus Fitness Center, Inc Bill King’s Wayside Highland Funeral Service, Inc Fort Chiswell Wythe Fuel Service Big Walker Motel Morehead Trucking Co Bland Industrial Emp Benevolent Assoc Hobart Grubb Co Super X Colley's Western Steer Little Red Shoe House W. V. Dycus Lemon's Jewelry Wright's Trent's Grocery Melvin’s Gordon's Store Bernard's Alber's Inc Virginia Candy Co el Matador Wordsprint Wythe Electric & Plumbing Bland Messenger ‘Bland Co Rescue Squad Bobby Eaton Spiller Mr. Hutton Pincipal Bland Ministerial Association Howard Johnson Wytheville Paper & More Wytheville Office Supply Tri-State Bottling Co Rocky Top Rose's Marion Bottling Co Food Lion M & M Bakery Presbyterian Children's Home Rocky Gap & Bland Rasi's IGA Scott's IGA Lowe's Foods Carol's Hair Graphics Michael and Mary
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