Market Dow dips at 11 AM trading day
The Dow Jones average stood at 10,895.60 at 11 a.m., down 9.10 from this morning's opening as the market moved lower.
29 Dec 2000
Page 1
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Newspaper
Garden City Telegram
Location
Garden City, Kansas, United States of America
Date
Dec 29, 2000
Page
1
The Dow Jones average stood at 10,895.60 at 11 a.m., down 9.10 from this morning's opening as the market moved lower.
Tonight stays very cold with partly cloudy skies and lows from 5 to 15. Saturday brings more clouds and frigid conditions, with highs from near 20 to 40 to the southwest. Saturday night could bring light snow. lows 5 above to around 20 in the northwest.
Local Telegram site highlights latest briefs and sports scores with online access. Newsroom notes new editorials and community briefs featured on www.gctelegram.com for readers seeking current regional happenings.
ConAgra Beef Co in Garden City is closed indefinitely after a Christmas night fire that destroyed about a third of the plant. Spokesman Bret Fox said damage assessment will begin next week to determine a restoration timeframe. Other ConAgra plants in Dumas Texas Greeley Colorado and Grand Island Nebraska will absorb production, with cattle shipments continuing. Fire officials noted a skeleton crew and possible lack of sprinklers or smoke detectors in the rendering area.
ConAgra officials meet workers at fairgrounds in Finney County to offer relocation options after potential plant closures. Seniority and vacation benefits would transfer, with hopes workers can move to nearby facilities in Dumas Texas Grand Island Nebraska and Greeley Colorado to keep experienced staff.
Kansas Department of Human Resources representatives will visit January 3 to 5 to take unemployment insurance claims for ConAgra Beef Co employees. Sessions run 8 a.m. to 3:45 p.m. in the Exhibition Building, Finney County Fairgrounds, with 150 to 200 per session, each lasting 1.5 hours, first come first served. Claimants should bring 18 months of employment history including dates for each employer. Resident aliens must present alien cards. Spanish and Vietnamese interpreters available.
Jose Munoz and his wife Dora face an uncertain future after a Christmas night fire at the ConAgra plant. Management says work will shift to other plants while on-call employees keep pay promises, with meetings held to explain status and potential transfers. The Munoz family of five grapples with financial strain and personal worry.
Garden City Commissioners unanimously postponed two proposed city employee policies seeking more clarification. They asked for legal guidance on what employees may say in public versus private settings and discussed adding external representation to a proposed grievance review board. The meeting also noted a Brownback letter praising area firefighters for ConAgra blaze response and recovery support.
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