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Bluefield Daily Telegraph in Bluefield, West Virginia

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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Jun 17, 1989

Page

3

Wheat First Securities Quotation Brief

Money market update shows quotations provided by Wheat First Securities Inc. for current securities pricing and related financial instruments.

Wheat First Securities, Inc

Virginia 2nd in manufacturing climate study

Richmond reports the state ranked second in a study of manufacturing climate behind Delaware. The study covers shipments versus national averages, labor force in manufacturing, labor costs, and unionization.

Richmond State Department of Economic Development Virginia Ugh D. Keogh Delaware

Bank money markets face competition from funds says study

Figures from the Don oghue Organization show bank money market deposit accounts paying 2.5 percent below the average money market fund. Since 1987 bank funds assets fell by 60 billion while money market funds rose by 60 billion as investors seek better yields. Gordon Evans of MetLife-State Street notes assets decline despite high short term rates, indicating preference for alternatives. Openings note Wytheville K mart becomes county's largest store at Mountain View Shopping Center on East Main Street with 86 000 square feet, employing 130 locals. Virginia Miss April Fleming will sign at noon to 3 p.m. and writer John Maddox Ford will autograph 2 to 4 p.m. Mike Pugh leads as general manager from Staten Island.

Donoghue Gordon Evans MetLife-State Street Investment Services K-mart Wytheville Wythe County Mountain View East Main Street Virginia April Fleming John Maddox Ford Mike Pugh Staten Island N.Y

Court OKs Robins plan for Dalkon Shield victims

A federal court approved the bankruptcy reorganization of A H Robins Co, setting aside 2.5 billion for women harmed by the Dalkon Shield IUD. The 4th U.S. Circuit upheld the restructuring, with Robins to become a subsidiary of American Home Products Corp in a 700 million stock swap.

Richmond A.H. Robins Co U.S. Circuit Court of Appeals Robins American Home Products Corp Dalkon Shield Guerry Thornton Dalkon Shield Victims Association Atlanta

Stock Market Rises Amid Heavy Trading Amid Triple Witching Hour

New York stock markets advanced on Friday in the heaviest volume in about five months as traders braved the triple witching hour. The Dow climbed 11.38 to 2,486.38 while NYSE volume reached 244.51 million shares. Major indices across the board gained modestly as Time and Paramount battled over a possible $70 offer for Warner Communications and other big movers such as Eastman Kodak and A.H. Robins influenced by bankruptcy and product liability news.

New York New York Stock Exchange Wall Street Labor Department Commerce Department Warner Communications Warner Time Paramount Communications Paramount MCA Business Week Eastman Kodak A.H. Robins Robins Wilshire Associates NYSE Standard & Poor S&p American Stock Exchange

Wine brands pulled from San Francisco Tenderloin stores

San Francisco area actions by Gallo and Canandaigua Wine Co remove Thunderbird Night Train Express and Richard's Wild Irish Rose from Tenderloin retailers for a six month trial. Activists urge restrictions to curb street disorder while some store owners fear extended shortages beyond the trial.

San Francisco Richard E.&j. Gallo Gallo Gallo Bay Cities Safe and Sober Streets Thunderbird Night Train Express Canandaigua Wine Co Canandaigua N.Y

Also Mentioned on This Page

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