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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 19, 1985
Page
1
The weather man reports partly cloudy skies with lower humidity and highs in the low to mid 70s today. Tonight will feature partly cloudy conditions with lows around the mid-50s. Tomorrow may bring showers with highs in the upper 70s to 80s and overnight lows in the mid-50s to mid-60s.
West Virginia leaders announced at Pipestem State Park that the state is in the big time in economic development during a regional seminar. National Basketball Association teams showcased talent in the college draft first round led by Patrick Ewing with seven centers and 11 forwards noted by scouts.
The House on Tuesday backed a plan to cap the MX nuclear missile program at 40 units, signaling a clash with the Senate and White House as the Pentagon budget debate continues.
Major banks nationwide lowered the prime lending rate to 9.5 percent signaling the first single digit rate in years. The move followed declines in money markets and weak loan demand, with analysts noting lower rates may hurt savers while benefiting borrowers as housing starts fell 14 percent in May and mortgage rates were already easing.
Shiite militants freed two Americans and a Greek singer while about 40 Americans remained prisoners in Beirut after the hijacking of a Boeing 727. Negotiations led by Nabih Berri continue as threats to blow up the aircraft are reported.
President Reagan vented frustration at the hostage ordeal while stressing targeted action. He warned against indiscriminate violence and said he would hold captors accountable if hostages were sent back. He urged sky marshal consideration and travel advisories through Athens, reflecting limits he faces and a resolve to wait until hostages are safe.
West Virginia's unemployment rate dropped 2.8 points from a year earlier to 12.5 percent in April, the largest decline among states. National rate eased from 7.6 to 7.1 percent, with WV still the highest U.S. rate while Massachusetts held the lowest at 3.7 percent. Raleigh-Durham, Lawrence, and Stamford posted the lowest metro rates, around 2.5 to 3.1 percent.
President Reagan, frustrated by the five day hostage crisis, refused to yield to terrorists and urged waiting for release while outlining steps to improve travel safety. He warned against Athens airport lax security and suggested possible Greece sanctions.
The 38th annual Tazewell County Fair and Festival starts in Richlands with flea market, carnival, country rock concert, and lawn dance at Richlands High School. Co-chairman James McDonald cites new children's activities and a big turnout, with events through Friday and Saturday sponsored by the Richlands Area Chamber of Commerce.
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