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Bluefield Daily Telegraph in Bluefield, West Virginia

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Jun 09, 1983

Page

19

Stocks Decline as Markets React to Rate Hikes and Debt Fears

New York stocks fell for a second straight session to a seven week low as rising interest rates and fears of wider debt problems weighed on sentiment. The Dow closed at 1,185.50, down 9.41, with Bankers Trust Citicorp and Chase Manhattan among decliners. Lenox Inc jumped 26 percent after Brown-Forman Distillers proposed a bid at 87 dollars a share.

NEW York New York Stock Exchange Wall Street Federal Reserve Federal Housing Administration Veterans Administration Wall Street Journal Mexico Brazil Bankers Trust New York Citicorp Chase Manhattan J.P. Morgan Bankamerica Lenox Inc Brown-Forman Distillers Kaisr al Ss Alcoa Merck Armco NatCan Armwin Maulrich duPont EsKod Exxon Ms Royld St Regis Finiste Scott P Fordm Sears Gensco Getty Texaco Gillette Textron Gulf Oil Unocal IBM William IntHarva Sa WinDx Kmart Zenithr Actona Duke Power Lear Petri Quak Sto Allied Corp Eastern G&f LTV Corp Revion Amer Brands Eaton Levitz Amerada el Paso Co Sony Galv-Hou Mtchl Enrgy Beard Oil Grhart Owen Mohasco Syntex Taft Ga Pacific Belco Gould Murphy Texas Tiger Grace Tosco Blue Bell Grumman Intl Maris Pennwalt WN Cona Crane Jim Walter Pepsico Wstman Disney J&j G Pittston Westnghie Kaneb Plantronics Whittaker Domin Reste Lear Siegler Potomac el Wilms Elec New York Commodity Exchange Wheat First Securities, Inc Inter-dealer Dee American Furniture Apple Computer Bassett Furniture Bluefield Supply Burke Parsons Dominion Bankshares Equinox Solar Inc Bi Federated First Carolina Inn General Energy Glaxo Holdings Adr Sep Heilig MCI Communication Miller Tech Ts Th Mar Pulaski Furniture Quadrex Corps Sunlite Oi CoiMah Mar Westmoreland Coal Wilson Foods Bridge A

Supreme Court relaxes search warrant rules on anonymous tips

The high court backed a looser standard for probable cause when police act on tips from anonymous sources, allowing corroboration rather than full reliability. It declined to decide whether illegally seized evidence must always be excluded, postponing that major issue. The Bloomingdale case involved Lance and Susan Gates and 350 pounds of marijuana seized after an anonymous tip led to a warrant.

Washington Supreme Court Illinois William H. Rehnquist Rehnquist Aguilar Bloomingdale Lance Susan Gates Illinois Supreme Court Gates Florida Federal Drug Enforcement Administration

Debate Over Pickering as El Salvador Envoy Splits Leaders

Conservatives clash with the Reagan administration over Thomas R. Pickering’s nomination as ambassador to El Salvador. They argue his record aligns with Carter era Third World policies and oppose NSC favored figures, while State Department officials defend the choice as a policy direction dispute rather than a shift in aims.

Washington Foreign Service Thomas R. Pickering el Salvador Central America Pickering Reagan Nigeria Howard Phillips Conservative Caucus Jesse Helms Security Council U.S State Department Shultz Thomas O. Enders NSC Ender

British Elections Today See Thatcher Faces Narrow Choice

Britons vote to decide whether Margaret Thatcher’s Conservatives win a second landslide, join a centrist alliance, or reject the two party system. Polls show a Tory lead but Labor and the Social Democratic Liberal Alliance predict a pivotal shift in British politics.

London Margaret Thatcher Thatcher Ihen Labor Party Michael Foot Tories Social Democratic-Liberal Party David Steel Denis Healey Foot Healey Labor Alliance Britain Blaenau Gwent

Also Mentioned on This Page

Bluefield Daily Telegraph Federal National Mortgage Merrill Lynch Savings and Loan Gibraltar Financial HF. Ahmanson Great Western Financial Wheat First Securities Inc Fathers Day Mens 3 Pc Princeton Spinelli United States George P. Shultz National Security Council William P. Clark Gerald E. Thomas Aigner Bandolino West Gloria Vanderbilt Daniel Green Candies Leggett Mercer Mall MasterCard VISA American Express
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