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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jan 13, 2000
Page
5
Investment market quotes dated January 12 2000 compiled by Ron Campbell Investment Planning and Raymond James Financial Services. Key figures include closing prices for major stocks and bonds, with brief notes on market movements and index levels.
Wall Street shifted toward blue chip industrials as tech shares softened. The Dow rose 40.02 to 11,551.10 but could not surpass Monday’s record. Nasdaq fell 71.17 to 3,850.02 and S&P 500 slipped 6.31 to 1,432.25. Yahoo led Internet declines after posting solid profit but caution on long term growth. AOL dropped 3 7/8 to 60 1/8 amid concerns over Time Warner merger growth potential.
BLUEFIELD The city board passed a resolution to apply for the Governor's Community Partnership Grant to enable the Sanitary Board to jack and bore under Highway 460 at two sites. The project would provide water and sewer to the south side of 460 and east of the city limits. The meeting also discussed office lease utilities, scheduling issues due to legislative trips, and a grant application to install an overhead crane at the Freight Station Complex to lure Excel Tool Co. to the site.
Princeton Mercer County detectives probe the shooting death of David Keith Daniels 26 of Foster Street Princeton. He died Sunday night after arrival at Princeton Community Hospital from a head wound. A .45 caliber pistol found in his lap is custody of the sheriff. Autopsy results and interviews are pending. initial review suggests accident while Daniels sat in a car on Mink Farm Road near Princeton. The body was sent to the state medical examiner in Charleston. The case was treated as homicide until further information is available.
Mercer County Magistrate Court postponed the pretrial hearing for Judge Donald R. Mullins of Bluefield Virginia on a driving under the influence and leaving the scene charge. Mullins, 63, was not present as motions await decisions. A new date was not set.
Analysts warn computer and electronics prices will rise for two to three years as chip demand tightens supply and manufacturers race to add plants. In Washington Bayer faces a $1 million consumer education settlement over aspirin ads.
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