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Bluefield Daily Telegraph in Bluefield, West Virginia

31 Dec 1997

Page 5

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Bluefield Daily Telegraph December 31, 1997 Page 5 old newspaper archives

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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Dec 31, 1997

Page

5

Stocks extend belated Santa Claus rally to year end

New York stocks rose led by the Dow adding 123 points to about 7,916 as 1997 nears end. The S P 500 gained and Nasdaq posted 1997's gains near 21 31 and 21 percent respectively while overseas banks pledged help for South Korea with up to 15 billion in renewed loans.

MENTIONED IN THIS ARTICLE

RON Campbell Investment Planning Robert Thomas Securities, Inc SIPC Abbott Labs Allegheny Electric AFLAC Ameritech At&t Corp Sae AM. Water Works Anheuser-Busch Apple Computer IND. Tech Ashland Coal Inc Ashland Oil Inc Atlantic Richfield Baker-Hughes Inc Ethnine Baltimore Gas & EL Bell Atlantic Bellsouth Corp Bethlehem Steel Boeing CO CBS Corp Cabot Oil & Gas Carolina Power Chevron Corp Chrysler Corp Apts Chubb Corp Citizens Utilities Coca-Cola CO Columbia Gas Sys Columbia Healthcare CON Nat'l Gas Corning Inc Crestar Financial CSX Corp Detroit Edison Dominion Res DOW Chemical Dupont Eastern Eastman Kodak Emerson Electric Naeletastens Ethyl Corp Exxon Corp First Union Corp Iamacel Virginia Bank Flowers Industries FMC Corp Food Lion Inc Ford Motor CO GEN. Electric CO GEN. Motors Corp TE Corp Georgia Pacific Gillette CO Glaxo Holdings o_O GOODYEAR TIRE Hercules Inc Humana Corp OO 1Bm Corp Ingersoll-Rand Intel Corporation K-Mart Corp Kroger CO Penne Ue Lowe's CO Apeqnenenatnckenstgie Lucent Technologies Merck & CO. Inc Microsoft Corp Mobil Corp H Monsanto CO Mylan Labs, Inc Nash Finch CO Nationsbank Corp Navistar Int'l Nike, Inc Norfolk Southern Occidental Pete ONE Valley Bank Bereedee J.C. Penney CO Pennzoil CO Pepsico Inc Phila. Electric Philip Morris Cos Phillips Petroleum Pittston Brinks I. Pittston Burlington Pittston Minerals Potomac Elec PWR Praxair, Inc Pulaski Furniture Reebok Int'l REX Stores Corp Reynolds Metals Rite Aid Corp RJR Nabisco Hldg Rockwell Int'l E Sara Lee Corp 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 USX U.S. Steel Wal-Mart Walt Disney CO Wendy's Int'l Pole Westvaco Corp Valley Nat'l Gases Xerox Corp DOW Jones New York Standard & Poor South Korea New York Times Asia Cabital U.S
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Confidence climbs to 28-year high in December

The Conference Board says its consumer confidence index rose to 134.5 in December from 128.1 in November, the strongest reading since 1969. The present situation and expectations indices also gained, signaling upbeat views on jobs, business conditions, and future incomes amid inflation concerns.

MENTIONED IN THIS ARTICLE

New York U.S Conference Board Wall Street Lynn Franco Consumer Research Center Treasury Dow Jones
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Bethlehem Steel to close last factory in hometown

Bethlehem Steel Corp. will shut down its final Bethlehem, Pennsylvania factory, laying off about 800 workers due to ongoing losses and an unprofitable Coke Works. The closure leaves headquarters as the only Bethlehem Steel operation in the city amid plans for a museum and redevelopment.

MENTIONED IN THIS ARTICLE

Bethlehem Steel Bethlehem, Pa Bethlehem Steel Corp Bethlehem Ed O’brien United Steel Workers Bethlehem (Steel Smithsonian Institution Lukens Inc Allegheny Teledyne Inc
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Montana Debates Foreign Capital Depositories for Investors

Montana officials seek to lure foreign wealth by licensing foreign capital depositories that store or direct investments without traditional banking. Privacy laws attract speculation on interest while regulators warn delays and scrutiny, with potential 1.5 percent tax on deposits and $50,000 charter fee.

MENTIONED IN THIS ARTICLE

Helena Mont Bahamas Rockies Montana Foreign Capital Depositories Switzerland New York Tokyo Mike Sprague Don Hutchinson Hutchinson State Commerce Department Capitol
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Also Mentioned on This Page

WAMN Zoning Board OF Adjustment Jim Houchins Elm Street Elm Rogers Street Bluefield West Virginia Beverly G. Tresch First Century Bank AST Stury Anik Princeton Pineville Oceana FDIC
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