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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 03, 1992
Page
5
Closing prices and quotations are provided by Ron Campbell Investment Planning and Robert Thomas Securities Inc. The notice lists market figures, contact details, and NASD SIPC membership information.
The Dow Jones Industrial Average slipped from a record close as major drug and health care stocks fell. Bristol-Myers Squibb led losses, down about 6 percent on weak earnings. Government data showed higher April forecasts and rising new-home sales.
Washington economists note a 0.4 percent April rise in the Leading Indicators index after a year of gradual gains, signaling a sustainable but sluggish recovery. New home sales rose just 1.3 percent in April, far short of previous gains, as higher mortgage rates and weak job growth curb major purchases.
Kmart launches Show Your Colors promotion to raise funds for a new Star Spangled Banner monument to honor the flag and Francis Scott Key. Donors at Kmart jewelry counters can have names listed on the Honor America Roll with $2 or $5 gifts, plus a bumper sticker for qualifying amounts. The project, to be built near Key’s Potomac home in Washington DC, aims for completion in September 1993.
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