Fed Lowers Basic Rate in First Easing Since 1980
The Federal Reserve cut the basic discount rate for borrowing by member banks from 14 percent to 13 percent, the first easing after a year of tight credit. The move, while not instantly increasing consumer or corporate credit, should reduce borrowing costs for banks and ease pressure on housing and auto sectors amid a weak economy. Volcker reiterates no shift from tight policy, while Treasury Secretary Regan has criticized the Fed for keeping money and credit growth too restrained.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Fed
Federal Reserve
Paul Volcker
Administration
Treasury
Donald T. Regan
Trustees Sale Near Falls Mills Va Real Estate Auction
Two notices of trustees sale in Tazewell County Va list parcels near Falls Mills and a Clear Fork district property. Sale dates run November 16 1981 and December 4 1981 with Bank of Tazewell County as sale venue and cash in hand terms. James W. Dudley and M Crockett Hughes Jr serve as trustees with contact details for inquiries.
MENTIONED IN THIS ARTICLE
Falls Mills
Tazewell County
Virginia
Clewit W. Cooke
Essie D. Cooke
James W. Dudley
M. Crockett Hughes, Jr
Circuit Court
Bank of Tazewell County
Bluefield
Falls ‘Mills
Clear Fork
Thomas Hoge Salyers
Fugenia Ann Salyers
Virginia Avenue
Springville
Tip Top
Floyd H. Stevens
Ti Top
Josie Harman
Market quotes from Wheat First on inter-dealer securities
Inter-dealer quotations as of 4 00 p m from Wheat First Securities list bids and asks for American Furniture Bassett Biomed Ref Labs Coherent Dominion Bankshares Federated First Carolina MCI Communications and other firms with percentages indicating bid and ask levels without retail markup or commissions.
MENTIONED IN THIS ARTICLE
Wheat First Securities, Inc
Ask
American Furniture
Atlantic
Bassett Furniture
Beard
Biomed Ref Labs
Bluefield Supply
Burke Parsons mM
Coherent
Dominion Bankshares
Federated Income
First Carolina
Classified Reader Ads Deadlines and Corrections Policy
The Bluefield Daily Telegraph sets deadlines for reader ads and corrections: 1 30 P M for next day Monday through Friday, 4 45 P M Friday for Sunday editions, and 11 A M to 12 noon Saturdays for corrections only. No ads start on Mondays. The paper covers one day for incorrect ads unless Sunday causes two days due to closure, ad readers should check on first appearance, and the paper may reject ads not meeting standards.
MENTIONED IN THIS ARTICLE
Bluefield Daily Telegraph
Market gains on Mobil Marathon takeover bid lift Dow and energy stocks
The market posted its sharpest gain in over six months as pressure from falling rates and a Mobil Marathon bid boosted energy stocks. The Dow rose 19.60 to 852.55 while NYSE volume surged to 58.56 million shares. Marathon jumped before trading halted as Mobil offered 85 per share for up to 40 million shares.
MENTIONED IN THIS ARTICLE
New York
Mobil Corp
Marathon Oil
New York Stock Exchange
Marathon
Sedco
Superior Oil
Kerr-McGee
Schlumberger
Standard Oil of
Indiana
Getty Oil
Cities
Getty
Sterndent
Dentsply International
Cooper Laboratories
Dentsply
DuPont
Standard & Poor
S&p
Fort Bragg Woman Is Parachute Victim
Fayetteville AP report identifies Spec. 4 Daphne Fulton a 23 year old Fort Bragg paratrooper as the first woman killed during a military night jump at Sicily Drop Zone. The service member died Tuesday night during training.
MENTIONED IN THIS ARTICLE
Fayetteville
N.C
Fort Bragg
Daphne Fulton
Ms. Fulton
Sicily
Post
Also Mentioned on This Page
Kroger
Alcoas
NwstAir
Borgw
RCA
Ie duPont
Eskod
Mietl
Exxons
Sears
Texaco Textron
IBM
William
Kmart
Wheat First Securities Inc
Acton
Eaton Wa Levitz
Reynolds Ind
Allied Chem
el Paso Co
Litton
Robertshaw Amer Brands
la Pacific
Rockwell
Eighl
Amer el Pwr
Figgie
Mapco Manor Care
SCOA
Amer Family
Firestone
AMF
Mary Kay
ARA
Sves Flour Corp
de Southern Co
Ashland Oil
Foster
McGraw
Avon
Bs Media
Southern
Atlas Cor
Frort McMin
Mesa Pete
Mitchil Enrgy
Mohasco
Syntex Bank of Va
Pacifica
Grace
Murphy
Taft
Belco
Texas
Instr
Blue Bell
Gulf & West
Nik
Newmont Mag
Boise Cas
Hanna Minn
Amer Coal
Hercules C
Tricoca
Burroughs Occidati
Cabot Corp
Hou Oil Tr Hosp Corp
Tucson
el Caro Pwr
UNC Asers
Elanese
Humanaughes Tool
Union Pac O
Jim Owen
Copeland
Peterstown
W.V
A. L. Copeland
Buddy Light
Mary Eleanor Blue
Mariottis
Richlands
Virginia Ave
Electrolux
South Walker St
Princeton
Wva
Thomas
Dozer
Keesling Const
Mike
Tony White
South Bluefield
P. O
West Virginia
NIDAY
KK. A
B. J. Parsons, SR
Emergency Office Service
Roberts Secretarial Service
Lawrence Brothers
Call Robert Sisk
Be Meadows Construction, Inc
Mercer Street
Bluewell Drilling Company
Institutional Linen Service
Mercer
Ingleside
Gilbert and Stinson
National Centrating
Bluefield Ave
Nick's Video Tape Club
Nick's Inc
Mercer Mall
Carr & French
Platnick Steel Engineering—Inc
St. Clairs Crossing
Homelite
STIHL
Poulan
Green Valley
AKERS
Call
Alleghany
Neal Electric
Hall
West Va
Pisgah Acres
Princeton, West Virginia
Athens Road
Aycock
Vermillion
W.va
Myda Bondurant Real Estate
Concord College
Vermillion St
Athens
Jim
Owen Realtors
New Hope Road
New York Commodity Exchange
Mobil
American Stock Exchange
Ft. Bragg
Blank’s, Inc
Empire Hazzitall
Empire Sales & Rental
East Tazewell
Cook
Omlet
Oakvale Road
Florida Ford Dealership
Rt. 1
Box
Lindside
W. VA
Ron Proffitt
St. Mary's Nursing Home
Chrisat Pet, Inc
Grundy, Virginia
LPN
St. Mary’s Nursing Home
Doctors
P.O. Box
Southwest Virginia
Iddle
Offic
Relo
E Phonas
Heatherwood Rd
Mt. View
Union
Walton
Augusta
East River
Cumberland Rd
Cherrywood
Shenandoah
Princeton Ave
Madison St
Sedgewood
Hickory Hills
Double Gates
Princeton Area
Straley Ave
Fayette St
Willowbrook Rd
Glenwood Hgts
Lerena
Spanishburg
Oakvale
E. Cumberland Road
Bell St
Stoney Ridge
Bland County
U.S. 460
Valley View
Helen Counts
Sale
Mgr. G.R
Carl Rutherford
Bkr V
Engine Machinery Service
Old Bluefield
Princeton Road
Bluefield, West Virginia
Tri- Coal Company, Inc
McDowell Street
Welch
Sheraton Inn
C.E
FORD
Heritage Hall Health Care
Tazewell
A.F
Bluefied State College Radiologic Technology
Beckley
Stephen Curry Bsrt
BSC Radiography
Desk Clerks
BYE Ball Realty Realty
New Bluefield
Va. Ave
Jean Ball
Fairway
Sedgewood Cathedral
Fincastle Country Club
Meadow St
Grant St
Cape Cod
S. Colmge
Woodburner
East River Ave
Shenandosh
Bramwell
Lilac Hills
Rt. 20
Jimmy Barnett
Kathy Epperly
Steve Epperly
Greeley Wyatt
John Taylor
Ann Ball