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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 05, 1996
Page
5
Alderson Livestock Market sold 167 head on May 31 for 29218.36 dollars with mixed prices for steers heifers bulls calves cows and hogs. Nearby markets in Tazewell and Lewisburg reported sales on May 30 and June 1 with varied prices across stockers feeders slaughter cattle and sheep and goats. The Coors Frontier Days Championship Rodeo is set for June 28 and 29.
Jury selection began in a first degree murder trial for Roger H. Frasher, 37, of Twin Branch, charged with fatally striking Troy Ellis Newcomb Jr., 21, also of Twin Branch, with a golf club in June 1995. The incident occurred on Twin Branch Hollow off Route 7 between Welch and Newcomb was pronounced dead at Welch Hospital.
Stocks edged higher on Tuesday as bonds priced in easing interest rates while trading stayed quiet before Friday’s key employment report. The Dow gained about 40 points after an earlier gain of over 47, with gains in broad indexes narrowing from session highs as bonds eased.
FCFT Inc at its May 21 meeting declared a regular second quarter dividend of 30 cents per common share, up 9 percent from 1995. The record date is June 14, payment June 28, and the dividend totals $1,265,000. FCFT plans June 30 closing of its affiliation with Citizens Bank of Tazewell expanding into Virginia. Net income for Q1 1996 was $3.3 million, up 11.5 percent. ROA 1.79 percent and ROE 16.73 percent. First Community Bank web site announced.
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