Market rally recoups a third of prior losses
In New York, a surprise rally lifted electronics, building materials, and other sectors. The Associated Press average edged higher as traders priced in a relief bounce after Thursday’s declines, with 1,325 issues advancing and 421 declining while volume remained brisk.
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Texas Firm Challenged On Canadian Minerals
John M. Lee reports from Timmins Ontario that a Texas company facing a legal challenge over mineral ownership contests rights to copper zinc and silver in Canada. The case centers on a widely publicized sulfur mine dispute affecting regional interests and mineral claims.
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Mellwain Plans for Future Charleston Mayoral Term
Mellwain, the mayor-elect, outlined immediate steps after Tuesday’s Democratic sweep. He will meet with the charter board chairman to arrange early meetings with the new council, seek a permanent Kanawha Turnpike maintenance solution, reinstate Spring Hill Avenue improvements, and pursue actions to secure better Spring Hill water, dependent on other parties involved.
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Nine Boys Charged in $20 Break-In
Nine youths aged 7 to 16 have been arrested over a breaking and entering at Embees Display Shop and warehouse at 1717 Washington St. W. merchandise valued around $20 was taken. Detectives J. E. Shepherd and A. W. Perrine said the suspects entered the building multiple times after an initial break-in about two weeks earlier. They will be referred to Juvenile Court. authorities say legal action will follow.
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