Virginia investors form group to study Virginia horse track
Virginia Sporting Association Inc led by Virginia business leaders including Sydney and Frances Lewis of Richmond and Bruce Gottwald of Ethyl to study parimutuel racing feasibility in Virginia. The group hires Peat, Marwick to assess location and economics amid new pari mutuel regulations.
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Richmond
Best Products Co. Inc
Ethyl Corp
Virginia
Virginia Sporting Association Inc
Vir. Sporting Association
John W. Kluge
Charlottesville
Forbes Magazine
William G. Thomas
Alexandria
Sydney
Frances Lewis
Best Products
Bruce C. Gottwald
John W. Hancock
Roanoke
Roanoke Electric Steel Corp
William A. Hazel
Broad Run
Lloyd W. Noland Jr
Newport News
Noland Co
Russell B. Pace Jr
Carl W. Smith
Amvest Corp
Robert H. Smith
Upperville
Robert H. Spilman
Bassett
Bassett Furniture Industries Inc
Nicholas F. Taubman
Advance Auto Parts
Kluge
Thomas
John T. Hazel Jr
James W. McGlothlin
Bristol
Stuve G. Olsson
West Point
James C. Wheat Jr
Caret
Peat, Marwick, Main & Co
Washington
Virginia Racing Commission
Loss prevention at Hill's Department Store tracks shoplifters
Brian Park oversees three floor walkers at Hill's Department Store in Mercer Mall. They monitor shoppers and identify suspicious behavior. Since late January, 110 people have been apprehended. 100 percent are charged and about 75 to 80 percent convicted. Park notes many thefts go unseen, and staff can detain suspects until deputies arrive. He recently moved to Princeton. a Fairmont native and North Marion High School graduate.
MENTIONED IN THIS ARTICLE
Brian Park
Hill's
Mercer Mall
Park
Princeton
Huntington
Fairmont
Mediterranean Shipping to use Newport News port next month
Mediterranean Shipping Co will shift its 103000 tons of annual cargo from Norfolk to Newport News starting July 11 as part of the Virginia Port Authority push to divert lines to Newport News. Port officials say talks with other lines will continue. Also noted are local developments in Hampton and Harrisonburg involving Radisson projects and a J C Penney site option in Rockingham County.
MENTIONED IN THIS ARTICLE
Newport News
Mediterranean Shipping Co
Norfolk
Virginia Port Authority
Joseph Doroto
Geneva
Mediterranean Shipping
Harrisonburg
J.C. Penney Co. Inc
Rockingham County
Interstate 81
Mount Crawford
Tissue Alliance
Stock prices sweep to post crash high on slowing economy
The Dow jumped 49.70 to 2,531.87, surpassing the pre crash high as 1,078 stocks rose vs 441 declines. Volume on the NYSE floor reached 198.72 million shares while total NYSE-listed volume was 233.85 million. Durable goods orders fell 4.2 percent in May, fueling bets on lower rates and possible easing. Major blue chips gained including AT&T, IBM, GE, McDonald’s and Philip Morris, with Time Inc. up 10 percent after a bid shift.
MENTIONED IN THIS ARTICLE
New York
Commerce Department
Wall Street
Financial
Federal Reserve
American Telephone & Telegraph
International Business Machines
General Electric
McDonald's
Philip Morris
Wilshire Associates
NYSE
Standard & Poor
S&p
Defense Dept seeks rival to Avtex in carbonized rayon yarn
NASA and the Defense Department are backing the North American Rayon Co to become a second source for a carbonized rayon yarn used in rocket motor parts. The effort, tied to Avtex Fibers in Front Royal, aims to produce a fabricable, tested material for space shuttle and missile components, with qualification possibly not until mid 1990 or later.
MENTIONED IN THIS ARTICLE
Washington
Avtex Fibers Inc
Front Royal
Defense Department
Department
NASA
North American Rayon Co
Elizabethton
Tenn
Avtex
Joe Parka
Specifica
Artex
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UAL Cp
Brink
USX
CSX
Ucarb
US West
Citicorp
IBM
Kmart
duPont
Kroger
Duart
Lockhd
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FMC
Finiste
McDerl
Merck
GTE
Va GenEl
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Grumman
Mohasco
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Allied Sons
Hercules
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Signet Bkg
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Dig Comm
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Mylan
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SoCo
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Disney
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Natimnsvc
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Snshne Mng
Ashland Ol
Duke Pwr
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Syntex
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Coca Cola
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Foster
Unisys
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FrortMc
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Pennwalt
Univ Corp Va
Inti Glaxo
MAI
Pepiso
Warner Com
Clorox
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Ga Pacific
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Marion Labs
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Ladd Furniture
Wheat First Securities Inc
MCI Communications
Nash-Finch Co
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