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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 04, 1986
Page
2
Regents at local schools and colleges re elected William Watson as president and elected John Shott as secretary, underscoring the ongoing influence of school leadership decisions in the community.
Bluefield Supply Co. prepares a full asset liquidation if stockholders approve a settlement with WJD Corp. of Coeburn Va. WJD, now owning over 30 percent, reached terms with Bluefield’s three major shareholders Davis, Berg, and Gilchrist Berg. Rish Equipment may be sold, or its stock distributed, while excess cash goes to shareholders.
Eastern Associated Coal Corp. announced it will move its headquarters from Pittsburgh to Charleston on Sept 2. Governor Arch Moore called the decision good news for West Virginia, saying it will bring high paying executive jobs and potentially attract other relocations, with about half of the 105 Pittsburgh staff moving and the rest replaced locally.
The Senate approved a five year renewal of federal student aid programs including Pell Grants and Guaranteed Student Loans. The bill, backed by 40 sponsors, passed 93 to 1 despite a 60 to 34 amendment lowering top grant increases. Reagan administration opposed the higher cost.
California and Massachusetts communities are projected to lead U S job growth through 2000 with about half of all new roles concentrated in 30 metropolitan areas The Los Angeles area is forecast to gain over one million jobs to reach 5 3 million by 2000 Boston Anaheim San Jose and Phoenix follow Houston ranks seventh with about 498 000 new positions The private National Planning Association study notes shifts toward the South and West and some growth in the Northeast
The forecast calls for partly sunny skies with a high of 73 degrees. Patchy cloudiness is expected tonight with a low around 57 degrees. Weather A-8
Princeton officials asked about adult videotape ads and sales. City Attorney W Robert Carr said signs advertising X rated tapes may be posted in stores but selling to minors would violate the obscenity statute. He noted the city code mirrors state law and that obscenity hinges on court definitions.
A two year National Institute of Justice study finds 56 percent of arrestees in New York City and Washington tested positive for illegal drugs within 24 to 48 hours prior to arrest, higher than prior estimates. The report notes continued drug use after jail increases chances of re arrest before trial.
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