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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 30, 1990

Page

6

Chamber pushes tax limits on balanced budget amendment

The U S Chamber of Commerce urges House members to demand a true tax limitation in any constitutional balanced budget amendment. They argue current proposals fail to restrain spending or tax increases, risking only symptom relief and higher taxes if enacted. Greg Jordan reports for the Daily Telegraph.

U.S. Chamber of Commerce House of Eee Richard W. Rahn Chamber Congress House Donald J. Kroes Committee On the Judiciary Kroes

Stock market inches to a six month gain

New York AP report notes the Dow Jones average rising 1.98 to 2,880.69, marking a six month gain of 127.49 points. Advancing issues outnumbered declines about 5 to 3 on NYSE listings, with 954 up, 583 down, 469 unchanged, as volume reached 145.55 million shares on the Big Board. Analysts cited caution ahead of second quarter results while gold and select mining stocks rose.

NEW York New York Stock Exchange Hasbro American Stock Exchange Commodity Exchange Newmont Gold ASA Ltd Homestake Mining Balrnco Keene Corp Wilshire Associates NYSE Standard & Poor

Dominion Bank outlines FDIC insured deposit changes

Dominion Bank announced on June 27 that in coming weeks all deposit customers will receive notices about new FDIC insured deposit rules. The FDIC reforms align savings and loan coverage with banks, expanding individual retirement accounts and Keogh balances to $100,000 separate coverage, previously merged under a single limit.

Dominion Bank Federal Deposit Insurance Corporation Federal Savings and Loan Insurance Corporation FDIC

Unemployment in 15 West Virginia counties under 5 percent

Fifteen counties posted unemployment of 5 percent or less in May, unchanged from April, while state figures show 5.7 percent overall in May. Monongalia leads with 2.4 percent, Pendleton at 2.5 and Webster at 15.5 percent top the high-rate list. County totals show 687,800 employed and 41,900 unemployed in May.

Charleston West Virginia Division of Employment Security Berkeley Cabell Doddridge Hancock Hardy, Jefferson Kanawha Mineral Monongalia Monroe Morgan Ohio Pendleton Preston and Wood Brooke County Monongalia County Pendleton County Calhoun Clay McDowell Nicholas Pocahontas Randolph Roane Webster Wyoming Barbour Braxton Wirt Webster Ae West

Also Mentioned on This Page

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