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Newspaper
Register Herald
Location
Beckley, West Virginia, United States of America
Date
Nov 25, 1998
Page
10
New York stocks declined on Tuesday after two days of gains. The Dow fell 73.12 to 9301.15, trimming the weekly surge from early October, while analysts called the pullback mild and noted three Fed rate cuts supporting the rebound.
A cryptic OCR fragment notes composite volumes with figures 943,790,320 and 1997 August, plus volumes 630,215,250. It lists numbers and a date but lacks context or comprehensible action. The readable items consist of monetary or volume figures tied to a publication, not a clear event.
Nasdaq roundup shows Gillettes GlaxoWell and IBM among movers with varied price changes. Multiple big names including CocaCola Kellogg, Harley Davidson, Exxon and Ford appear with gains or losses amid fluctuating last prices and footnotes.
In a pair of Tuesday meetings the North Beckley Public Service District and Beckley Common Council endorsed a settlement in Beckley’s suit over sewage billing. PSD will pay 330000 to the city, with PSC rates applying after December 31 2000, while continuing flat fees until then. City losses from the deal are estimated at 120000 to 150000 over two years. Also set: city primary on March 9 and general on May 25 with candidate filing Jan 11 to Feb 6. Parking revenues for July–October totaled 67748 with 48318 in expenses. main cost 32990 for bonds.
In Nicholas County a jury convicts Howard Naylor Jr. of battery and two counts of serving alcohol to minors after a two day trial. Prosecutors showed Naylor struck Donnie Morrison with a hammer at Logg ers Country Club House on March 1 and again with a hammer. Morrison required surgery in Charleston. Defense argued self defense to remove Morrison and companion from the establishment. Judge Johnson sets sentencing for January 8 with up to a year jail and a $500 fine possible.
Charleston AP report says Ted Philyaw, longtime administrator of the West Virginia Supreme Court since 1981, will quit December 16 to take an administrative post with the U.S. District Court for the Northern District of West Virginia in Wheeling. Chief Justice Robin Jean Davis lauded him as a top court administrator.
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