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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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