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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 04, 1992
Page
5
New York stocks closed midweek with a mixed showing as the Dow rose to 3408.02 by afternoon while net gains were tempered by cautious traders. Factory orders advanced 1.0 percent in April marking a fourth straight rise, with GM up 1 percent and Ford up 7 percent amid broader gains and losses across NYSE listings.
Texas tycoon Ross Perot hires two veteran insiders to manage his independent presidential bid. Republican Ed Rollins and Democrat Hamilton Jordan will oversee day-to-day operations and bring party expertise. Perot plans a show around the July and August conventions and denies paying up to five million dollars to either man.
Labor Department raised the payroll job loss from 1.68 million to 2.20 million between June 1990 and January, a 32 percent increase. Officials denied political motive, while Democrats called the revision proof of a far worse economy. Private economists noted the recession was more severe than initial data showed.
Washington AP reports that Americans increasingly buckle seat belts quit smoking and install smoke detectors while diet remains a concern. The Prevention Index scores 66.5 percent after nine years with cholesterol dropping but sugar sodium weight control and vitamin intake lagging. Health Secretary Louis Sullivan notes dietary factors link to five of ten leading deaths and urges continued public focus on diet alongside tobacco and alcohol cessation.
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