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Newspaper
Register Herald
Location
Beckley, West Virginia, United States of America
Date
May 20, 1998
Page
9
Dow Jones gains 3.74 to 9,054.65 ending a three session slide after the Federal Reserve kept rates unchanged. Broader indices outpaced the Dow but stayed near intraday highs as markets weigh inflation risks and Asian crises. Analysts say the pause may persist through summer while the economy cools.
A dense OCR snippet shows numerous stock names and values including Hasbro, Texas Utilities, Texaco, Timken, Union Pacific, Unisys, US West, USX Mar, Waste Management, Westvaco, Williams, and Xerox. The fragment appears to be a price table with last value and percent change figures, mixed with stray characters and formatting.
American Electric Power completed a regional reorganization by transferring or terminating all Beckley staff at South Kanawha Street and moving customer service to Hurricane and Cranberry, with Bluefield now region headquarters. The Beckley site is on the market after vacating over two months ago.
The West Virginia Public Service Commission will hold hearings in Beckley Wheeling Charleston and Charleston on a 22 million rate increase proposed by Mountaineer Gas Company. The Beckley session is June 29 at 7 p.m. in the Raleigh County Armory Civic Center with additional meetings in Wheeling June 24 Charleston June 30 and Charleston July 13. Written comments may be sent to Sandra Neal PSC.
A Kanawha County jury awarded $5.8 million to six railroad workers after finding a Norfolk Southern subsidiary negligently exposed them to asbestos on trains. The eight day trial concluded with verdicts reduced for three men who smoked, while NS plans to appeal.
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