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Bluefield Daily Telegraph in Bluefield, West Virginia

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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Jun 02, 1994

Page

5

Bond market lifts stocks after inflation fears ease

In New York on Wednesday the bond market rebounded helping equities end modestly higher after a seesaw session. The Dow and broader indices posted small gains as investors weighed the May purchasing managers index at 57.7 percent signaling continued expansion and rising prices. Computer chip stocks led gains on upbeat sector expectations and U S Surgical jumped while IDE Communications fell sharply amid heavy Nasdaq volume.

New York National Association of Purchasing Management U.S U.S. Surgical

Livestock market sales across multiple counties May 27–28

Alderson, Bluegrass Market, Farmers Livestock and Narrows markets report total sales and detailed price ranges. Highlights include Alderson sales of 59,612.80 with steers and cows across weight classes, Bluegrass at 50,199.80, Farmers Livestock listings, and Narrows at 114,278.30 with hogs, lambs, cattle and cow calves.

Alderson Bluegrass Lewisburg Farmers Livestock Market Narrows

United Bankshares declares 1994 second quarter dividend

United Bankshares UBSI announces a 26 cent per share dividend for holders of record June 10 1994 with July 1 1994 payout. The annualized dividend hits 1.04 dollars yielding over four percent. Net income for Q2 1994 rose to 6.1 million up 17 percent from 1993. UBSI assets exceed 1.7 billion, with 40 offices across 27 West Virginia communities and one in McLean Virginia.

United Bankshares, Inc UBSI United United National Bank United National Bank South Bank First N.A West Virginia McLean United Bankshares National Association of Securities Dealers

Boucher defends tobacco position at Tazewell event

Congressman Frederick C. Boucher visited Tazewell Community Hospital to update on health care reform efforts and faced questions about his stance on a tobacco excise tax. He defended farmers in the Ninth District, noting 14 000 families rely on barley tobacco and arguing reform should not fall on growers or users.

Tazewell Frederick C Rick” Boucher Dva Tazewell Community Hospital Boucher Steve Fast Fast Ormal Pete Francisco Tazewell County TCH Board of Directors John Biggs Biggs

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RON Campbell Investment Planning Robert Thomas Securities, Inc Abbott Labs Allegheny Power Electric Power AM. Family Corp Ameritech At&t Corp AM. Water Works Anheuser-Busch Apple Computer Ashland Coal Inc Ashland Oil Inc Atlantic Richfield Bakers Inc Baltimore Gas & EL Bearings Inc Boeing CO Cabot Oil & Gas Chrysler Corp Chubb Corp Coca CO UMBIA Thcare Nat'l Gas INC Chartir Progen Casino CSX Corp DOW Chemical Goodyear Tire Hercules Inc Humana Corp IBM Corp Ingersoll-Rand Lowe's CO Mapco Inc McDonald's Corp MCI Communications Merck & CO. Inc Mobil Corp Nationsbank Corp Navistar Intl Norfolk Southern Occidental Pete ONE Valley Bank Acific Telesis J.C. Penney CO Pennzoil CO Pepsico Inc Phila. Electric Philip Morris Cos Phillips Petroleum Pittston Minerals Pittston Services Potomac Elec PWR Praxair, Inc Premier Bankshares Pulask Reebok Int'l Reynolds Metals Rite Aid RJR Nabisco Hldg Rockwell Int'l Sara Lee Corp Sears Roebuck Sherwin Williams Shoney’s Inc Signet Banking Southern CO Tenneco Inc Texaco Inc Union Carbide Union Pacific Unisys Corp Universal Corp Marathon Oil Walt Deney Cothet Wendy's Int'l Westinghouse EL DOW Jones Alderson Livestock Market Mid-Atlantic Richmond The Federal Reserve Bank of Maryland North Carolina South Carolina Virginia Ted Maddox Anthem Donna Maddox AAI CPIW Bluefield Anthem Personal Insurance Companies Decatur Ill Tazewell Company Simplicity Tazewell Equipment & Motor Corporation Main Street Bill Archer Daily Telegraph New River Toved Ay Ts Dum Ee Ele Cain P.O Dublin
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