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Bluefield Daily Telegraph in Bluefield, West Virginia

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Dec 23, 1998

Page

5

Blue chips lift S&P 500 to second straight record

Blue-chip stocks push the S&P 500 to another record as profit-taking weighs on tech and smaller shares. The Dow gains about 55 points to 9044, while Nasdaq slips after highs. IBM leads Dow rally. Merck, Procter & Gamble, Coca Cola rise. Fed holds rates with no cut. inflation worries persist amid resilience of domestic economy.

NASD Abbott Labs Allegheny Electric AFLAC 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 Bankamerica Bell Atlantic Bellsouth Corp Bethlehem Steel Boeing CO CBS Corp Cabot Oil & Gas Carolina Power Chevron Corp Chubb Corp Citizens Utilities Coca-Cola CO Columbia Gas Sys Columbia Healthcare Ce Ae CON Natl Gas Corning Inc Crestar Financial CSX Corp CVS Corp Daimlerchrysler 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 GEN. Motors Corp GTE Corp Georgia Pacific Gillette CO Glaxo Holdings Goodyear Tire Hercules Inc Humana Corp BM Corp Ingersoll-Rand Intel Corporation K-Mart Corp MOBIL Monsanto CO Mylan Labs, Inc Nash Finch CO Navistar Int'l Nike, Inc Norfolk Southern Occidental Pete ONE Valley Bank Phila. Electric Philip Morris Cos Phillips Petroleum Pittston Brinks Pittston Burlington Pittston Minerals Potomac Elec PWR Praxair, Inc Pulaski Furniture Eae 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 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 Westvaco Corp Williams Cos Valley Nat'l Gases Xerox Corp DOW Jones S&p New York IBM Federal Reserve Fed Dow Merck Procter & Gamble Coca-Cola New York Stock Exchange

Officials debate changes to West Virginia workers camp

Charleston hearing on workers' compensation features claims data from Union Carbide and labor leaders. Dwight Sherman says per employee claims rose from 259 to 734 in four years, urging cost relief to keep West Virginia competitive. Labor and business factions clash over costs and reforms as the Performance Council weighs eligibility rules and rate adjustments amid a 1.9 billion deficit.

Charleston Dwight Sherman Union Carbide Corp South Charleston Chemical Company State Performance Council West Virginia Sherman Steve White Affiliated Construction Trades Foundation White Chamber of Commerce Performance Council Steve Roberts West Virginia Chamber of Commerce

Feds leave interest rates unchanged

The Federal Reserve kept the federal funds rate at 4.75 percent after three rapid cuts in fall. The decision followed a nearly four hour meeting and aimed to sustain growth while insulating the U.S. from global turmoil.

Ashington U.S Federal Reserve Fed Navy Wall Street Asia Russia Latin America

Deeds Recorded in Mercer County Courthouse

Deeds filed in Mercer County include Jane Peters to Julia Long at Wedgefield Townhouses unit C and multiple transfers in Plymouth District Lick Creek Road and mp 13626 to James G. Wiley, Shirley Phinazee to Jerome Carter on Carroll Street Bluefield, Ervin Poole and Molly Poole to George H. Johnston near Beaver Pond and Minnie C. Robinson area, and easement deals with Citizens Communications Company. Also transfers in Bluefield districts Sunset Heights and Matoaka and several Lilly Land Co additions in Montcalm, with owners/sharers including Robert L. Thomas, James C. Poore, Milgam Sutphin, and others.

Princeton Mercer County Jane Peters Julia H. Long Wedgefield Barbara W. Shields Carl D. Wilson Sunset Heights Fincastle Avenue Bluefield David H. Shields Carl D. Wilosa Bernard Sharder van C. Wysong Town Matoaka Rock District Della Shrader Kenneth Robert L. Thomas Thornton Avenue Ann Smith City of Wilson Street City of Bluefield Carl F. Smith Jr Milgam R. Sutphin Oakland Addition Washington Street Pamela L. Smith Milgram R. Sutphin

Forest Service edging timber payments by rural counties

The Forest Service proposes freezing the 90 year old method of distributing nearly 220 million dollars annually to 41 states. Payments, tied to timber sales, fund roads and schools near national forests. Critics warn counties lose influence. supporters cite stability and environmental benefits.

Washington The Forest Service Chris Wood Peter Sorenson Lane County Oregon Gordon Ross Coos County Congress Clinton

Also Mentioned on This Page

Ron Campbell Feds Glen Wood Park Brenda Becxner Sarah Brewster Smith Milgram Keystone Gary, WV
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