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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 04, 1982
Page
5
New York AP report shows stocks ending slightly lower after an early advance faded. Analysts cite stubbornly high interest rates keeping markets defensive as the Dow slipped 0.38 to 816.50 and the NYSE composite fell 0.13 to 64.42, with declines edging advances 4-3.
Investors hunt bargains after a market slide as the First National Bank of Boston cuts its prime rate from 16 1/2 to 16 percent. Treasuries ease slightly but long bonds fall nearly $5 per $1,000. Money-market funds pass $200 billion in assets. Arizona leads gains at 5 percent. Akzo to buy the remaining 34 percent stake. Airlines rally on fare increase news with American up 7.5 points, Delta to 32.4, UAL to 17.42, Trans World to 20.
Mercer County Magistrate proceedings include cases for fraudulent credit card use and several failures to appear in pretrial hearings. A mistrial was declared in a driving under the influence case. Chief Magistrate Lie announced 20 jurors for July to October, listing numerous juror names from Princeton, Bluefield, Athens, Matoaka, and surrounding areas.
The Daily Telegraph notes the officers of Bluefield Fashion Exhibitors Inc for this year are Jack Snyder president Wayne White first vice president Randy Willard second vice president and John Robinson treasurer. Board members include Meyer Leader Ebb Ellis Jim Fulwider Norton Friedman Carl Jacque Mitch Rifkin and Bill Steger. The show will feature fashions for pets? wait.
The City of Bluefield West Virginia will hold a public hearing at 7 30 p m on Tuesday June 8 1982 in the Board of Directors Meeting Room at the Municipal Complex 200 Rogers Street. The session reviews data and seeks citizen input for the citys application to the Governor Office of Economic and Community Development for Small Cities funding. Any interested party may speak. The public is urged to attend.
The Lilly Reunion Association announces a reunion at Flat Top on August 14 and 15. They will build a 36 acre expansion with an amphitheatre supervised by Boone Lilly of Ghent and hold an open meeting June 6 at 1 30 p.m. at the Pagoda Restaurant. An intervening GED test is set June 10 and 11 at Mercer County Vo Tech Center in Princeton.
State Attorney General Chauncey Browning will hold a public meeting in Welch from 7 to 9 p.m. at the Senior Citizens Center. He will hear views from McDowell Mercer and Wyoming County residents concerned about increasing health costs.
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