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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Sep 26, 2000
Page
5
Quotations provided by Ron Campbell Investment Planning Raymond James Financial Services. NASD SIPC member.
Americans boosted existing home sales 9.3 percent in August to a seasonally adjusted 5.27 million units, the largest rise in 14 months. The average 30 year mortgage rate slipped to 8.03 percent, aiding demand and underscoring affordability as a key factor in the housing market strength.
The Nasdaq fell to 3741.22 while the Dow dropped to 10808.15 and the S&P 500 slid to 1439.03 as traders priced in weaker growth and higher energy costs ahead of third quarter earnings. Cisco Microsoft Intel Micron fell. Citi and American Express rose. Ciena and Sprint PCS led gains on upgrades and orders. International markets showed mixed results with Japan up and European indices higher.
McDowell County judge postponed the state case against Gary L. Messenger II, a former West Virginia State Police trooper. The defendant faced six charges including malicious assault and breaking and entering related to a 1999 incident in Welch near Sgt. Steve Cox’s retirement party. A motions hearing is planned with a new trial date possible thereafter.
Princeton animal control and code enforcement officers now carry a tranquilizer pistol after council purchased it for 320. They describe handling five fighting dogs and a later aggressive pack with the sedative tool, noting 10 to 15 minute sleep times and safety for people and animals.
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