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Bluefield Daily Telegraph in Bluefield, West Virginia

16 Jun 1999

Page 5

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Bluefield Daily Telegraph June 16, 1999 Page 5 old newspaper archives

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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Jun 16, 1999

Page

5

Investors scoop up bargain-priced shares on a cautious day

Stocks rose moderately as investors bought Internet, pharmaceutical, and oil shares at bargain prices while awaiting Wednesday's May consumer price report. The Dow gained 31.66 to 10,594.99, Nasdaq up 16.37 to 2414.68, and S&P 500 up 7.16 to 1301.16 amid expectations on inflation and Fed policy.

MENTIONED IN THIS ARTICLE

Ron Campbell Investment Planning Raymond James Financial Services Abbott Labs Allegheny Electric AFLAC Ameritech Mr At&t Corp Anheuser-Busch Apple Computer IND. Tech Ashland Coal Inc Ashland Oil Inc Atlantic Richfield Baker-Hughes Inc Baltimore Gas & EL Yi Bankamerica Bell Atlantic Bellsouth Corp Bethlehem Steel Hn Boeing CO Ccbs Corp Abot Oil & Gas Carolina Powers Chevron Corp Chubb Corp Citizens Utilities Coca-Cola CO Columbia Gas Sys Nat's Gas Columbia Healthcare Corning Inc Suntrust Banks CSX Corp Dominion Res DOW Chemical Dupont Eastern Ent Eastman Kodak Emerson Electric Ethyl Corp Exxon Corp First Union Corp Virginia Bank Flowers Industries FMC Corp Food Lion Inc Ford Motor CO GEN. Electric CO GEN. Motors Corp GTE Georgia Pacific Gillette Goodyear Tire Hercules Inc Humana Corp IBM Corp Ingersoll-Rand Intel Corporation K-Mart Corp Kroger CO Lowe's Cos Lucent Technologies Fis McDonald's Corp Merck & CO. Inc Microsoft Corp Mobil Corp Navistar Int'l Nike, Inc Norfolk Southern Occidental Pete ONE Valley Bank J.C. Penney CO Pennzoil CO Pepsico Inc Phila. Electric Philip Morris Cos Phillifs Petroleum Pittston Brinks Pittston Burlington Pittston Minerals Potomac Praxair, Inc Pulaski Furniture Reebok Int'l REX Stores Corp Reynolds Metals 1St Rite Aid Corp Wvre RJ Reynolds Rockwell Int'l Sara Lee Corp Sears Roebuck Sherwin Williams Gi Shoney's Inc Southern CO Tenneco Inc Texaco Inc TRI Continental Union Carbide Union Pacific Unisys Corp Qe Universal Corp Usair Group USX Marathon Oil U.S. Steel Wal-Mart Walt Disney CO Wendy's Int'l Westvaco Corp Williams Cos Yvalley Nat'l Gases Xerox Corp DOW Jones New York Standard & Poor David Orr First Union Capital Markets Group Charlotte N.C Federal Reserve Fed Alan
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Delays and problems hit Conrail new owners in week three

Delays and rail-service issues continued for CSX and Norfolk Southern as they run Conrail in its third week. Late shipments of raw materials and scarce rail cars hampered production across Pennsylvania New Jersey New York Ohio and Indiana. Shippers say NS has more issues than CSX and UPS moved more packages by truck while paying overtime to handle delays.

MENTIONED IN THIS ARTICLE

Washington Conrail Inc CSX Corp Norfolk Southern Corp Conrail Pennsylvania New Jersey New York Ohio Indiana Norfolk Southern CSX United Parcel Service
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Y2K readiness lag highlighted by NFIB survey

Insurance executive David Schaefer says many small businesses are not near an awareness threshold for Y2K. Gallup poll for NFIB Foundation and Wells Fargo shows 2.8 million of 6 million small firms have taken steps, while over 3 million have yet to act and 1.4 million plan not to act.

MENTIONED IN THIS ARTICLE

David Schaefer Armfield, Harrison & Thomas Leesburg Schaefer Gallup National Federation of Independent Business Nfib Foundation Wells Fargo Bank
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Circuit City to offer online shopping nationwide

Circuit City Stores plans an online shop at www.circuitcity.com starting next month with about 700 brand-name products including televisions camcorders VCRs stereo equipment and computers. The Richmond based retailer expects rapid expansion by the 1999 holiday season offering in store pickup or home delivery.

MENTIONED IN THIS ARTICLE

Richmond Circuit City Stores, Inc Circuitcity.com Circuit City
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Greenspan Congress Dow Treasury Mary Deibel Scripps Howard News Service UPS Norman Black Southern Pacific Midwest Mar Noah & Longwood Gradens Barter Theater National Quartet Covention Shatley Springs New York City Dollywood Europe Bluefield Amir I. Eshel Cherry Street Suite Princeton Jim Grubbs Edward Richardson SBA Fincastle Cumberland Bank OF Tazewell County North Tazewell Banktaz.com Westgate Nebort Aram
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