Energy Prices Spark May Wholesale Price Increase
Wholesale prices rose 0.3 percent in May signaling energy costs reversed a slide. The gain, seen as modest and controllable, follows a 2.2 percent annualized drop for the year so far. Energy, especially home heating oil and gasoline, climbed while food costs fell.
MENTIONED IN THIS ARTICLE
Washington
White House
May
Labor Department
Larry Speakes
Edward Yardeni
Prudential-Bache Securities Inc
Donald Ratajczak
Georgia State University
Department
Craig Howell
Ratajczak
Flood Control Phase Finished Recreation Future Called Bright
Fifteen years and $197 million ago southern West Virginia faced floods from the Guyandotte River. The 1400 foot R D Bailey Dam, linked with Summersville Dam, controls floods in the Ohio River Basin. Phase one cost 185 million for flood control. phase two to be finished by spring 1984 adds recreation, with 12 million already spent.
MENTIONED IN THIS ARTICLE
Ward Morgan
Daily Telegraph
Justice
West Virginia
Guyandotte
Chapmanville
Logan
Man
Gilbert
R.D. Bailey
Summersville
Ohio River
Ron Hooper
U.S. Army Corpss of Engineers
Hooper
Economic Boost From Dam Project Lifts West Virginia Town
In rural Mingo County West Virginia the R D Bailey Dam project has spurred a local economy boom. Fishermen water skiers and boaters have created a bustling sporting goods market and the town motel expanded from seven to fifty five rooms. Dallas Justice notes the project will bring more visitors when recreation facilities finish. The dam funding began in the late 1960s with 185 million dollars from the Army Corps of Engineers plus 12 million elsewhere.
MENTIONED IN THIS ARTICLE
Rt. 52
R.D. Bailey
West Virginia
Dallas Justice
Justice
Emerson Justice
Justonian
Mingo County
U.S. Army Corp of Engineers
Presidential Envoy Receives Cold Nicaraguan Reception
In Managua, U S presidential envoy Richard Stone met with Foreign Minister Miguel d'Escoto for about an hour and 40 minutes but was snubbed at the airport. Officials offered little on the talks, while diplomats doubted any quick improvement in ties amid a broader Central American crisis. Stone continued meetings with Sandinista officials as tensions between the Reagan administration and the Sandinista government remained high after recent expulsions and accusations of CIA involvement.
MENTIONED IN THIS ARTICLE
Managua
Nicaragua
Miguel d’Escoto
U.S
Richard Stone
d’Escoto
Stone
CIA
Foreign Ministry
Saul Arana
Reagan
Central America
Arana
Soviet Union
Cuba
Anthony Quainton
Quainton
German Shliapnikov
Aldo Diaz
Defense
Interior
Daniel Ortega
Patriotic Front of the Revolution
Honduras
el Salvador
Costa Rica
Panama
Colombia
Venezuela
Guatemala
Belize
Mexico
United States
Barricada
Thatcher wins historic large majority in Britain election
London AP reports Prime Minister Margaret Thatcher secured a strong victory with a 144 seat majority in the 650 member House of Commons, amid record unemployment and Labour’s worst defeat in six decades. The result preserves her plan to reform the economy and bolster American defense ties while the centrist alliance gained 23 seats but few since the electoral system favors winners. Thatcher vowed not to pursue extremism as she addressed supporters outside 10 Downing Street.
MENTIONED IN THIS ARTICLE
London
Margaret Thatcher
Britain
Thatcher
Downing St
Labor Party
Labor
Social Democrats
House of Commons
Clement Attlee
Winston Churchill
Alliance
Also Mentioned on This Page
Martin Feldstein
U.S. Chamber of Commerce
Sond
Dept. of Labor
R.D. Bailey Dam
Iter
McDowell
Johnny Bench
Baseball —Sports
Chauncey Browning
Pageé
CIOS
Abby
Dixon Parr
Dr. Lamb Peden
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