Conoco Syndrome sparks coal stock speculation in NY
In New York the Conoco bidding war sparks talk of a broader coal stock surge. Analysts warn against betting on takeover rumors while noting Pittston and North American Coal could be targets. Optimism on exports and demand supports price gains despite recent wage strikes.
MENTIONED IN THIS ARTICLE
New York
Conoco Inc
Conoco
Kenneth Ch’uan-K’ai Leung
Smith Barney
Harris Upham & Co
West Virginia
Consolidation Coal Co
du Pont Co
Seagram Co
Mobil Corp
Pittston
North American Coal
Mapco
Mobil
Texaco
Pennzoil
Joel Price
Rotan Mosse Inc
U.S
Hendrick Hartong
Price
Dean Witter Reynolds Inc
Jack Kawa
Kawa
Alan Ackerman
Herzfeld & Storm
Giles Murders Suspect Returns To Pearisburg
Randall Lee Smith, 27, of Pearisburg, returned Sunday to Giles County to face murder charges in the slayings of two Appalachian Trail hikers, Susan Ramsay and Robert Mountford Jr., found near the trail in Giles County. He had been held in South Carolina since his Myrtle Beach capture June 22 and was extradited after a Virginia charging action. A preliminary hearing will determine if murder charges proceed to grand jury, with a Sept. 10 Giles County grand jury session possible for indictment.
MENTIONED IN THIS ARTICLE
Pearisburg
Randall Lee Smith
Giles County
Smith
South Carolina
Myrtle Beach
Virginia
Dick Riley
John E. Hopkins III
al Crane
Ellsworth
Maine
Susan Ramsay
Robert Mountford Jr
Reagan Attends First Major Summit Amid Rates Dispute
President Reagan arrives at a Laurentian Hills summit with seven industrial democracies and faces protests from France and West Germany over high U.S. interest rates. Haig reports Reagan aims to curb inflation, while warning on energy dependency. Separately, a Norfolk and Western train derailment near Landgraff spills fertilizer, seven cars involved and local homes affected.
MENTIONED IN THIS ARTICLE
Montebello
Quebec
Reagan
U.S
Francois Mitterrand
France
Europe
Helmut Schmidt
West Germany
Alexander M. Haig Jr
Haig
United States
Norfolk & Western
Bull Pen
Landgraff
McDowell County
N&w
Weather forecast and Open champion note
Monday brings scattered showers and storms with highs in the 80s to mid 90s and lows in the 60s to mid 70s. Tuesday stays partly cloudy hot and humid with highs in the 90s. National Weather Service extends the forecast through Thursday with mid 80s to mid 90s highs and mid 60s to mid 70s lows. Bill Rogers wins the British Open golf event.
MENTIONED IN THIS ARTICLE
Ae National Weather Service
Bill Rogers
Hyatt walkways collapse at Kansas City hotel death toll 113
Five investigative teams will sort conflicting accounts of the Hyatt Regency walkways collapse in Kansas City. The death toll rose to 113 with 186 injured as a 75 yard long concrete bridge fell from the fourth floor onto a second floor bridge and into the lobby where 1,500 patrons gathered for a big band dance. Witnesses described dancing or swaying on the spans while others watched below. Damaged spans and crowds trapped in debris prompted hours of rescue work.
MENTIONED IN THIS ARTICLE
Kansas City, Mo
James L. Strat
Pat Foley
Hyatt Hotel Corp
Nationwide Strike Threat as Postal Talks Stall
Washington AP The two largest postal unions and management remain far apart Sunday as talks to avert a nationwide strike approach midnight Monday. Union leaders call management’s three year pay freeze an insult seeking annual 5 percent raises, a 2.7 percent catch up, and a better cost of living formula. They want a 35 hour week and an extra holiday, while the Postal Service estimates the demands would cost 20.5 billion and lift first class rates to 45 cents by 1984, though union leaders say inflation would bound rates.
MENTIONED IN THIS ARTICLE
Washington
Postal Service
Moe Biller
American Postal Workers Union
Vince Sombrotto
National Association of Letter Carriers
Local Union Holds Bluefield Meeting on Postal Talks
APWU Local No. 4134 spokesman refused to discuss meeting details at the Bonanza Restaurant Bluefield citing not being at liberty to share. Federal mediators have not reached agreement on a new contract while wages remain a point of contention. Separate talks with Rural Letter Carriers and Mail Handlers progress, but big unions avoid strike talk amid threats of dismissal and possible military contingency plans.
MENTIONED IN THIS ARTICLE
Bluefield
Larry Simmons
American Postal Workers Union
Postal Service
APWU
Dan Driscoll
National Association of Rural Letter Carriers
The
Mail
Laborers International Union
Walter E. Duka
William F. Bolger
Biller
Sombrotto
New York City
Bolger
Justice Department
Also Mentioned on This Page
Charles Bradford
Merril Lynch
Pierce, Fenner & Smith Inc
United Mine Workers
Laurentian Hills
Ottawa
Schmidt
Mitterrand
Britain
Italy
Japan
Canada
European Common Market
U.S. Treasury
Germany
Ward Morgan
Rem Noas
Igures
Eral
Abby Pee
Dixon Pear
Dr. Lamb
Giles County News
Old Dominion
Menlo Park
Calif
Kansas City
Kemper Arena