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Newspaper
Register Herald
Location
Beckley, West Virginia, United States of America
Date
May 05, 1998
Page
8
The Dow Jones rose as much as 115 points but ended 45.59 higher at 9 192.66, barely beating April 21's 9 184.94 record. Analysts warn the rally is narrowing as money managers seek pullbacks and broader measures lag.
Lambe Rss shows a strong August 1997 session with 1,567 new highs and 3,511 total issues. Composite volume reaches 680,902,610, trailing the prior August figure of 630,215,250 while the 1,567 new highs indicate robust demand across listed securities.
Executives from eight telemarketing firms attended the Southern West Virginia Teleservices Mission at Glade Springs Resort to learn about the state’s skilled labor force and telecom infrastructure. Telespectrum plans 60 more workstations, boosting jobs to about 120, with openings starting at seven dollars an hour plus benefits. Rockefeller touts the sector’s growth potential, noting 22,000 already employed statewide. Local officials highlight Raleigh County’s ready workforce, highways, utilities, and low crime rate as draws.
A heavy thunderstorm toppled a tree that sliced a power line in Wyoming County leaving about 1,600 customers without electricity. Crews repaired the line after a 3:50 p.m. outage, with power restored by about 10:00 p.m. in Twin Falls Saulsville Slab Fork area.
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