Accu-Weather Forecast Tracks Clouds and Snow Today
Accu Weather forecast predicts cloudy skies with snow and sleet mixed in, totaling 1 to 2 inches. High near 30 degrees. Tonight remains cloudy with flurries and a low around 24 degrees. Details A-8.
18 Feb 1987
Page 1
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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Feb 18, 1987
Page
1
Accu Weather forecast predicts cloudy skies with snow and sleet mixed in, totaling 1 to 2 inches. High near 30 degrees. Tonight remains cloudy with flurries and a low around 24 degrees. Details A-8.
Snow and icy roads forced the Daily Telegraph to begin presses early Tuesday night to meet deadlines. The unusual disruption affected production schedules and newsroom workflow as crews worked to finalize editions amid winter conditions.
The Dow Jones industrial average jumped 54.14 points to 2237.49 in late trading, marking the largest one day gain since January 22. The market held at record highs as stocks advanced amid continued buying. A West Virginia House bill proposing auto dealers sell cars valued at 950 or less without a warranty faced criticism for safety concerns.
Ford Motor Co reports 1986 earnings of 3.29 billion dollars, or 12.32 a share, on record worldwide sales of 62.7 billion, up 31 percent from 1985. Ford is the only Big Three to improve profits, while GM and Chrysler saw declines.
Region business notes report that Norfolk Southern has made a formal offer to acquire Piedmont, signaling a potential consolidation in regional rail services. Hepburn reports a forthcoming book about the classic film African Queen in the entertainment section.
Mercer County officials report a five year decline in student enrollment and outline a $57,634,740 plan to meet state facility and land space requirements. Bond issues, redistricting, consolidation, or school closings are discussed as potential remedies.
A northbound storm dumped over four inches in the Bluefield area with more snow expected today. Virginia and West Virginia counties including Tazewell Bland Buchanan Giles Mercer Monroe vote to cancel classes while McDowell County plans to open. Concord College Bluefield State College and Bluefield College plan regular classes with Bluefield State on late schedule.
West Virginia business leaders and bankers challenged Gov Arch Moore s push to renew the business and occupation tax for another year saying it breaks promises from two years ago and would harm the economy They argued the corporate net income tax better reflects profits and losses and that postponing the B O tax upsets planning by firms like Kaisers and Weirton Steel while bankers warn of a $100 million revenue gap if not extended
Robert M Gates testified before the Senate Intelligence Committee that he would consider resigning if the White House ordered him to keep a covert operation from Congress for more than a few days. He described the arms deal with Iran as a unique activity they aim not to repeat, while criticizing reliance on flimsy information about diverting profits to Nicaragua's Contra rebels.
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