Dow Jones at 10549.70 in early trading
At 11 am the Dow Jones average stood at 10 549.70, rising 24.40 points from this morning's open as traders watched stock activity.
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Newspaper
Garden City Telegram
Location
Garden City, Kansas, United States of America
Date
Jan 16, 2001
Page
1
At 11 am the Dow Jones average stood at 10 549.70, rising 24.40 points from this morning's open as traders watched stock activity.
A Wednesday outlook calls for morning flurries and decreasing clouds with a high near 30. Light northwest wind. Wednesday night will be partly cloudy with a low around 15 to 20. Thursday and Friday mix of sun and clouds with highs in the 30s to 40s and cool nights.
The Telegram presents local news and editorials online with updates on community events, sports results, and civic notices. Readers can access national and regional items plus opinion pieces through the newspaper’s website.
ConAgra Beef Co says April 1 is the earliest start date to rebuild the Finney County plant damaged by a Christmas night fire. A spokesman notes debris removal, cost finalization, and design/engineering preparations must occur before construction can begin, with at least a year of work planned.
Finney County managers face 250 indefinite layoffs with an additional 50 relocation to other ConAgra beef plants. The decision comes as rebuilding plans remain months away. Workers describe a somber mood as furloughs begin and insurance concerns loom for hourly staff.
Snow days spread across the region as 4 inches fell north of Hugoton and 1 inch in Garden City. The National Weather Service forecast 1 to 3 inches today with 2 to 4 inches by Wednesday, with 30s to 40s thaw expected Thursday and a 45 to 55 warm spell by Saturday. Superintendent Milt Pippenger said the 5:30 am decision followed forecasts calling for 5 to 8 inches and strong winds, noting Holcomb Lakin and Deerfield also paused classes. Hugoton buses were dismissed at 9:40 am as officials monitor conditions.
Finney County Economic Development Corp approves a survey to learn what amenities laid off ConAgra Beef Co. workers want from the company and community. The 4-2 vote caps the cost at $5,000 during a Monday meeting at the Garden City Area Chamber of Commerce, aiming to attract workers back when the plant reopens.
After a semester and a week of negotiating, Garden City Community College faculty vote 5 to 1 to approve the administration’s contract offer for the 2000-01 school year. The deal raises salaries 4.41 percent this year and 4.22 percent next year for 69 instructors, with overload pay rising to 500 per credit hour next year. The agreement awaits Board of Trustees approval and includes calendar changes and new pay for overload duties.
Garden City USD 457 weighs a three shift plan at GCHS to halve the time students spend in the building. A shift runs 7 to 2 37, B 8 36 to 4 13, C 10 12 to 5 49. Freshmen on B shift and extracurriculars on A shift.
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