Bluefield Daily Telegraph Newspaper Archives Feb 17 1996, Page 17

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Bluefield Daily Telegraph (Newspaper) - February 17, 1996, Bluefield, West Virginia A our Firth sit Ilij saturday february 17, 1996 a-9 Money Cedar Bluff seeks Grant for network february 16, 1996 closing prices quotations provided by Ron Campbell investment planning Robert Thomas securities inc. 304 325-7334 Security close Prev change eps be do yield Abbott labs $43.250 $44.000 $0.750 $2.12 20.40 $0.84 1.94% Allegheny Power $30.125 $30.250 $0.125 $2.00 15.06 $1.68 5.58% am. Electric Power $43.875 $44.125 $0.250 $2.85 15.39 $2.40 5.47% am. Family corp. $48.375 $48.000 $0.375 $3.50 13.82 30.52 1.07% Amer tech $59.500 $60.500 $1.000 $3.63 16.39 $2.12 3.56% at amp to corp. $65.875 $66.375 $0.500 $0.09 731.94 $1.32 2.00% am. Water works $38.250 $38.375 $0.125 $2.64 14.49 $1.40 3.66% Anheuser Busch $67.625 $68.125 $0.500 $4.11 16.45 $1.76 2.60% Apple computer $27.500 $28.000 $0.500 $1.34 20.52 $0.48 1.75% Ashland Coal inc. $22.625 $22.500 $0.125 $2.22 10.19 $0.46 2.03% Ashland Oil inc. $38.500 $38.625 $0.125 $0.87 44.25 $1.10 2.86% Atlantic Richfield $113.250 $114.750 $1.500 $8.42 13.45 $5.50 4.86% Baker Hughes inc. $26.875 $27.000 $0.125 $0.75 35.83 $0.46 1.71% Baltimore Gas amp al $28.875 $28.875 $0.000 $2.02 14.29 $1.56 5.40% bearings inc. $27.250 $26.750 $0.500 $1.71 15.94 $0.56 2.06% Bell Atlantic $68.375 $70.250 $1.875 $4.25 16.09 $2.80 4.10% Bel South corp. $40.375 $40.625 $0.250 $1.57 25.72 $1.44 3.57% Bethlehem steel $14.500 $14.875 $0.375 $1.24 11.69 $0.00 0.00% Boeing co. $81.625 $82.500 $0.875 $1.15 70.98 $1.00 1.23% Cabot Oil amp Gas $16.125 $16.000 $0.125 $ 4.05 0.00 $0.00 0.00% Carolina Power $38.000 $38.125 $0.125 $2.48 15.32 $1.82 4.79% Chevron corp. $55.875 $56.000 $0.125 $1.43 39.07 $2.00 3.58% Chrysler corp. $53.500 $53.625 $0.125 $5.55 9.64 $2.40 4.49% Chubb corp. $100.875 $101.750 $0.875 $7.58 13.31 $1.96 1.94% citizens utilities $12.000 $12.250 $0.250 $0.75 16.00 $0.00 0.00% coca cola co. $80.375 $81.250 $0.875 $2.37 33.91 $0.88 1.09% Columbia Gas sys. $44.625 $44.625 $0.000 $4.99 8.94 $0.00 0.00% Columbia healthcare $53.875 $55.000 $1.125 $2.19 24.60 $0.12 0.22% con. Nat l Gas $45.750 $46.375 $0.625 $0.08 571.88 $1.94 4.24% Corning inc. $34.750 $34 875 $0.125 $ 0.23 0.00 $0.72 2.07% Crestar financial $58.000 $58.125 $0.125 $4.12 14.08 $1.80 3.10% Cox corp. $46.250 $46.625 $0.375 $2.94 15.73 $1.04 2.25% Detroit Edison $35.875 $36.125 $0.250 $2.80 12.81 $2.06 5.74% Dominion res. $43.250 $43.375 $0.125 $2.45 17.65 $2.58 5.97% Dow chemical $75.500 $76.500 $1.000 $7.72 9.78 $3.00 3.97% Dupont $78.625 $79.750 $1.125 $5.61 14.02 $2.08 2.65% Eastern ent. $36.625 $36.500 $0.125 $2.98 12.29 $1.48 4.04% Eastman Kodak $74.250 $77.250 $3.000 $3.67 20.23 $1.60 2.15% Emerson electric $83.000 $84.375 $1.375 $4.16 19.95 $1.96 2.36% Ethyl corp. $11.000 $11.125 $0.125 $0.62 17.74 $0.50 4.55% Exxon corp. $81.500 $82.750 $1.250 $5.18 15.73 $3.00 3.68% first Union corp. $60.875 $60.000 $0.875 $5.04 12.08 $2.08 3.42% 1st Virginia Bank $40.125 $40.375 $0.250 $3.28 12.23 $1.40 3.49% Flowers industries $14.000 $14.125 $0.125 $0.73 19.18 $0.57 4.07% fac corp. $73.875 $74.250 $0.375 $5.72 12.92 $0.00 0.00% food lion inc. $5.625 $5.500 $0.125 $0.35 16.07 $0.09 1.56% Ford motor co. $30.500 $30.250 $0.250 $3.58 8.52 $1.40 4.59% Gen. Electric co. $77.500 $78.000 $0.500 $3.90 19.87 $1.84 2.37% Gen. Motors corp. $50.625 $50.125 $0.500 $7.28 6.95 $1.20 2.37% get corp. $45.000 $45.750 $0.750 $2.62 17.18 $1.88 4.18% Georgia Pacific $67.000 $67.000 $0.000 $11.29 5.93 $2.00 2.99% Gillette co. $55.500 $56.375 $0.875 $1.85 30.00 $0.60 1.08% Glaxo holdings $28.875 $29.000 $0.125 $1.35 21.39 $1.01 3.50% Goodyear tire $49.125 $49.000 $0.125 $3.96 12.41 $1.00 2.04% Hercules inc. $57.875 $58.125 $0.250 $2.93 19.75 $0.92 1.59% Humana corp. $25.750 $25.625 $0.125 $1.17 22.01 $0.00 0.00% ism corp. $118.125 $117.625 $0.500 $10.49 11.26 $1.00 0.85% Ingersoll Rand $40.250 $40.875 $0.625 $2.55 15.78 $0.74 1.84% Kmart corp. $7.250 $6.875 $0.375 $ 0.03 0.00 $0.00 0.00% Kroger co. $37.750 $37.000 $0.750 $2.65 14.25 $0.00 0.00% Lowers co. $32.750 $33.375 $0.625 $1.45 22.59 $0.20 0.61% Marco inc. $56.875 $56.625 $0.250 $2.51 22.66 $1.00 1.76% Mcdonald a corp. $50.250 $51.000 $0.750 $1.97 25.51 $0.27 0.54% Sci communications $29.750 $30.000 $0.250 $0.80 37.19 $0.05 0.17% Merck amp co. Inc. $68.625 $69.625 $1.000 $2.70 25.42 $1.36 1.98% Mobil corp. $113.500 $115.000 $1.500 $5.87 19.34 $3.70 3.26% Monsanto co. $130.125 $132.625 $2.500 $6.36 20.46 $2.76 2.12% Mylan labs �o20.000 $20.000 $0.000 $0.98 20.41 $0.16 0.80% Nash Finch co. $17.500 $17.000 $0.500 $1.58 11.08 $0.72 4.11% nation Bank corp. $73.250 $74.000 $0.750 $7.13 10.27 $2.32 3.17% Avistar into $10.625 $10.625 $0.000 $1.83 5.81 $0.00 0.00% Nike inc $67.125 $67.625 $0.500 $3.36 19.98 $0.60 0.89% Norfolk Southern $79.250 $79.750 $0.500 j65.44 14.57 $2.24 2.83% Occidental Pete. $23.750 $24.000 $0.250 $1.31 18.13 $1.00 4.21% one Valley Bank $32.125 $32.125 $2.86 11.23 $1.08 3.36% Pacific Telesis $30.125 $30.375 $0.250 $2.46 12.25 $2 18 7.24% . Penney co. $47.375 $47.750 $0.375 $3.87 12.24 $1.92 4.05% Pennzoil co. $39.500 $40.000 $0.500 $ 6.60 0.00 $1.00 2.53% Pepsico inc. $61.500 $62.375 $0.875 $2.42 25.41 $0.80 1.30% Phila. Electric $30.875 $31.750 $0.875 $2.64 11.70 $1.74 5.64% Philip Morris cos. $96.625 $96.375 $0.250 $6.51 14.84 $4.00 4.14% Phillips Petroleum $34.750 $34.875 $0.125 $1.79 19.41 $1.22 3.51% Pittston minerals $14.000 $13.875 $0.125 $1.45 9.66 $0.65 4.64% Pittston services $32.000 $32.000 $0.000 $2.16 14.81 $0.10 0.31% Potomac elec. Per $27.125 $27.000 $0.125 $0.65 41.73 $1.66 6.12% Pra air inc. $37.875 $37.375 $0.500 $1.82 20.81 $0.38 1.00% Premier ban shares $19.000 $18.250 $0.750 $1.39 13.67 $0.48 2.53% Pulaski furniture $19.000 $19.000 $0.000 $1.56 12.18 $0.64 3.37% Reebok Intel $27.375 $27.875 $0.500 $2.07 13.22 $0.30 1.10% Rex stores corp. $12.500 $12.500 $0.000 $1.51 8.28 $0.00 0.00% Reynolds metals $50.875 $51.375 $0.500 $5.35 9.51 $1.40 2.75% rite Aid corp. $32.000 $32.375 $0.375 $1.85 17.30 $0.74 2.31% Rwjr Nabisco bldg. $32.750 $32.125 $0.625 $1.60 20.47 $1.50 4.58% Rockwell into $59.625 $59.375 $0.250 $3 55 1680 $1.16 1.95% Sara Lee corp. $34.125 $34.250 $0.125 $1.72 19.84 $0.76 2.23% Sears Roebuck $42.750 $44.875 $2.125 $4.62 9.25 $0.92 2.15% Sherwin Williams $43.875 $43.750 $0.125 $2.34 18.75 $0.64 1.46% Shoneye a inc $8250 $8.000 $0.250 $0 60 13.75 $0.00 0.00% Signet banking $26.250 $26.375 $0.125 $2.24 11.72 $0.80 3.05% Southern co. $25.375 $25.500 $0.125 $1.66 15.29 $1.26 4.97% Tenn eco inc. $54.000 $54.375 $0.375 $4.16 12.98 $1.80 3.33% Texaco inc. $80.875 $81.750 $0.875 $2.57 31.47 $3.20 3.96% Union Carbide $43.500 $43.125 $0.375 $6.44 6.75 $0.75 1.72% Union Pacific $67.250 $67.250 $0.000 $4.60 14.62 $1.72 2.56% Uniss corp. $6.750 $7.125 $0.375 $ 4.35 0.00 $0.00 0.00% Universal corp. $26.125 $26.500 $0.375 $1.24 21.07 $1.02 3.90% us air group $17.125 $17.250 $0.125 $0.55 31.14 $0.00 0.00% us Marathon Oil $18.750 $18.750 $0.000 $ 0.31 0.00 $0.68 3.63% . Steel $35.000 $35.000 $0.000 $3.53 9.92 $1.00 2.86% Wal Mart stores $21.250 $21.500 $0.250 $1.23 17.28 $0.20 0.94% Walt Disney co. $64.000 $63.875 $0125 $2.62 24.43 $0.44 0.69% Wendy a Intel $18 000 $18.000 $0.000 $1.08 16.67 $0.24 1.33% Westinghouse al. $18.125 $18.750 $0.625 $ 0.34 0.00 $0.20 1.10% Westmoreland Coal $3.125 $3.125 $0.000 $ 9.98 0.00 $0.00 0.00% West Vaco corp. $28875 $28.750 $0.125 $2.80 10.31 $0.88 3.05% Xerox corp. $127.625 $128.875 $1.250 $ 4.69 0.00 $3.48 2.73% Dow Jones average 5503.320 5551.370 48.050 0.00 0.00 0.00 0.00% stocks fall As investors take profits from equities new York a stocks fell iday As investors responding lower Bond prices continued extract profits from the High ing equities Market rhe Dow Jones Industrial averse was Down 48 Points at the 3se. The Dow fell As much As 52 Lints Friday morning prompt a the new York Stock sex Ange to impose restrictions on 11 programs at 10 23 . The adding Collar was lifted at 11 02. Eter Canelo Market strategist Nat West securities said Friye a pullback was Normal after a Rong winning Streak that sent e Dow to seven consecutive Gas. Jong term Canelo said he is Illish on the Market mostly be use interest rates Are not High Ough to pose a threat to corp the profits or Competition from e Bond Market. A a it a hard to see the Market having real serious difficulties As Long As we re in an easing Mode a Canelo said. Declining issues led advances by about 8 to 5 on the new York Stock Exchange. Trading volume on the floor of the big Board was heavy at More than 400 million shares Well ahead of thursdays Pace. Broad Market indexes were mostly lower. The Prospect of further easing by the Federal Reserve was supported by the release of several economic reports this morning that showed a further weakening in the Economy. The Federal Reserve said the nations Industrial production plunged 0.6 percent in january. That was not As Steep As the 0.8 percent decline that Many analysts had predicted. By Greg Cruey of the daily Telegraph staff Cedar Bluff a. The town of Cedar Bluff has decided to participate in a Grant application which would create a criminal records network for the 29th judicial District in Virginia. Council approved participating in the Grant application at its february meeting on tuesday. Twenty seven other agencies and offices Are participating in the Grant application in Buchanan Russell Dickenson and Tazewell counties in Virginia. The Grant would help Cedar Bluff Purchase the computer equipment and programming needed to be part of the network. Town manager Jim Mcglothlin said the Grant will help the town meet state requirements for filing criminal reports in the future. The Grant funds would come from a combination of state and Federal sources. The Grant would 75 percent of the costs involved in establishing the network. Cedar Bluff would have to come up with the other 25 percent. Mcglothlin estimates that to be about $1,800. Several other town police department in a the Grant would help Cedar Bluff Purchase the computer equipment and programming needed to be part of the network. Town manager Jim Mcglothlin said the Grant will help the town meet state requirements for filing criminal reports in the future. Southwest Virginia would Benefit from the Grant. Among them Are Richlands Grundy Clintwood Haysi Lebanon Tazewell Blue Field and Pocahontas. Pocahontas town manager Greg Jones said they became involved in the application process last summer and Hope to have the system running in Pocahontas As Early As april. A if we get somebody in from another locality who a wanted in another jurisdiction a Jones said a this program itself will identify that individual relatively quickly instead of us having to make a phone Call to a this is a completely automated system a Jones said a Complete with criminal histories fingerprints you name it. The software alone for this program is 500 megabytes. Its a huge besides linking police agencies and judicial system offices in the 29th judicial District the network would also be connected to the department of corrections probation and parole office in Abingdon a. Barney Stiltner administrator for the town of Grundy a police department said the system will make decision making easier and give police More current information. A was far As knowing a background on someone and first second and third offences its More up to Date a Stiltner said. In addition to discussing the criminal records network the Cedar Bluff town Council also voted to have a Florida company Consumers applied technologies do a Survey of the towns water system this Spring. The company will spend three to five Days finding leaks in the water system. Mcglothlin said the Cost of finding and fixing water leaks is usually paid for within a month by the amount of water saved. The town of Richlands has used cat in the past. Mcglothlin also informed Council that the towns is Tea Grant application has now been fully submitted. The Grant if approved would be used to create a Scenic Trail and Overlook for the town. Daily record police blotters we state police Princeton 911 suspended Michael Scott Beeson 37, Washington was arrested thursday on a charge of driving while suspended. Sgt. . Bulford investigated. Obstruction Tommy Mark Small 28, of Princeton was arrested feb. 10 on charges of obstructing an officer Domestic Battery and disorderly conduct. Trooper . Richmond investigated. Mercer county sheriffs department-911 concealed weapon Wayne Vertus Harris 39, of route 1, Rocky Gap va., was arrested Friday on charges of carrying a concealed weapon and driving suspended. Deputy . Ash investigated. Harris appeared before magistrate Omar Aboulhosn and was released on a $500 surety Bond. Princeton-911 shoplifter David Stephen Lilly 20, of Shadow Wood Princeton was arrested thursday on a charge of shoplifting. Mercer county magistrate court Possession Todd Preston Harkrader 26, of Box 852, Princeton pleaded guilty tuesday to a Misdemeanour charge of Possession of a controlled substance. He was arrested tuesday on an outstanding warrant issued oct. 30, 1995, by Compton. A motion was made for Home confinement with Access to and from work. The Mercer county Home confinement office was instructed to do a background Check before sentencing. Police baby found in trash alive at birth Huntington a a baby whose body was found in a trash Container feb. 9 was alive at birth and May have been murdered authorities said. Or. Irvin Sopher the state medical examiner ruled that the boy was not stillborn and said the Case should be investigated As a homicide said it. Alan Meek of the City police. A the did live for a period of time after the birth a Meek said. A the was a full term Sopher has not determined the cause of death Meek said thursday. Police still have no leads on the Mother. The baby was found in a Box in the trash Container outside a downtown building. Choir sets concert tonight the Bluefield Community choir under the direction of Vernon Walton will present a concert at 6 . Today in the Basic science auditorium at Bluefield state College. At intermission a fashion show co sponsored by . Penney will be presented. Kanawha Man Scales burning Wall to save baby Marmet a a Kanawha county Man scaled the Side of a burning apartment building to save an 18-month-old child whose family had fled authorities said. Terry Patterson of mar met used an electrical conduit running up the Brick Wall to climb up to a second floor window then tossed the infant to neighbors said assistant fire chief Steve Vickers. The baby smother fled the apartment when the fire began and a 5-year-old was coaxed into jumping from the second floor window and was caught by neighbors. Firefighters then realized the toddler was still inside but police were unable to get through the door so Patterson scrambled up the Wall. Talk radio talk radio talk radio talk radio g. Gordon Liddy on am 1440 Whis 3 pm 5 pm monday Friday talk radio talk radio talk radio talk radio a religious fanatics sought in �?T94 death magistrate Omar Aboulhosn parking violations Jasper Everett Comer 66, of Kellysville pleaded guilty thursday to a charge of parking violations and was assessed a $38 Fine plus $62 court Cost. A charge listed As other was dismissed. Suspended License Dale Lee Lucas of Kirk Street Princeton pleaded guilty thursday to a charge of driving with a suspended License. He was assessed a $250 Fine plus $82 court Cost and six months in jail. Folsom a police have issued a warrant in the november 1994 death of a Wetzel county Man in the Hope that it will stir a response that will help locate a suspect who May have been involved in other slayings. Police have been investigating the death of Timothy a. Good since his body was found. They believe they now have a Strong enough Case to pursue the arrest of David Freeman whom they describe As a a religious fanatics who believes the end of the world is near. State trooper . Armstrong in Hundred said Freeman kept diaries found after goods body was discovered that indicate that Freeman May have been involved in other slayings. A we Are hoping that by a National massive Media response someone will recognize Freeman a face and Call us a Armstrong said. A this Case has consumed my life a he said. A a in be read each diary literally dozens of times and in a still Reading them Over and Over again. They contain a lot of biblical quotes that in a Cross referencing. A i done to think people have seen a Case like this outside of Southern California. This just does no to happen around Here a he added. Freeman was last seen in Silver Spring md., just before goods body was found police said. A woman known Only As Eliza and two children also stayed at the isolated log Cabin with Freeman and Good. They Are believed to have left with Freeman police said. Armstrong said Good 34, was locked each night in his basement in Folsom and sometimes was deprived of food and water before he was beaten and strangled. According to the diaries Freeman and Good met at a Dairy farm Good owned in Airville pa., and Freeman moved to Folsom after Good sold the farm in 1991, Armstrong said. A they planned on building their own Little commune or Church up there a Armstrong said. A Timothy Good believed that the Only Way to get to the lord was through Freeman a he said. A Freeman preached to him daily and gave him messages that he said head according to the diaries Freeman let Good go outside during the Day and occasionally sent him into town for shopping but locked him in the basement each night. Good a accepted this arrangement a Armstrong said. Freeman has been known to use other names including Ben Freeman William Cooper Bill Cooper Bill Thompson Jim Thompson Ben Thompson Ben Walsh and Ben Welsh police said. Proposal brings courts budget under legislature Charleston a nearly every state senator supports a proposed constitutional amendment to bring the state supreme courts budget under the Legislatures authority Senate minority Leader Donna Boley said Friday. Boley a Pleasants plans to introduce the Resolution monday the last Day Bills and resolutions can be introduced in the state Senate. She said about 30 of 34 senators sponsored the Resolution. A in recent years it appears the supreme court is legislating More than it used to a Boley said. The legislature has control Over the budgets of every other Branch and the court should be no exception she said. A Overall the legislature is responsible for the taxation and spending of the Money a she said. The legislature and the state supreme court have been at Odds Over several issues most recently trooper overtime. The House of delegates voted last month to take $1.2 million from a state supreme court account to help Back $1.5 million in state police overtime in accordance with a judges order which was prompted by a supreme court decision. The state later received a stay on the order and the Senate has not taken action on the House Bill. A a we re the Only state in the country that does not have control of the supreme court budgets a said Senate president Earl Ray Tomblin a Logan. Earlier attempts to gain control of the budget have failed he said. Many legislators Are attorneys and they tend to vote against it. The court has been cooperative through the years and has Given funds Back to the state when shortfalls surfaced in other budgets. If the legislature were to gain control the courts budget would not Likely be Cut because Many of its expenses such As salaries Are set by Law he said. Fly Colgan air Mercer county Airport from Bluefield to Orlando 520 new York $286 Dallas s390 a round trip Chicago a year round service a Jet prop Beech 1900 a free parking at Mercer county Airport based on round trip on Colgan air connecting to a major airline in Charlotte. Non refundable restrictions May apply. For reservations or information Contact your a Mullens travel a a a travel Agency a full Circle travel a Colgan air

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