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Bridgeport Telegram in Bridgeport, Connecticut

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Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Sep 28, 1966

Page

18

Market Closes Up Slightly After Early Gains Vanish

The market finished with a small advance as the Dow edged up 1.39 to 794.09 amid broad weakness led by Du Pont which fell 6 1/4 to 1601 4. Motorola also sank after analystd lowered earnings expectations, dragging down glamor stocks while Serum Rand and Laborat ory for Electronics paced modest gains. Overall volume was 631 million shares with 646 issues rising and 508 falling.

New York DuPont du Pont Motorola New York Society of Security Wall Street Sperry Rand Standard & Poor Associated Press Fairchild Camera Magnavox Polaroid Douglas Aircraft Zenith Eastman Kodak Merck Jersey Standard General Electric New York Central and Pennsylvania Railroad American Stock Exchange Canadian Export Gas & Qi Syntex National Video 2 Zapata

Railroads face new era of rapid transit and jet trains

The article notes railroads shifting from long haul losses to funding rapid transit and short haul lines with billions in spending. It highlights projects in major cities including San Francisco, rail competitors like trucks highways and airlines, and next decade plans for jet trains and magnetically powered systems. It mentions Westinghouse estimates over six billion dollars to be spent by 1980 and urban transit districts forming to manage cross-boundary systems.

AP Business News NEW York San Francisco Westinghouse Air Brake Co United States Airlines New York Central Federal Goviternmment Detroit

Avis Plans to Extend Rental Rate Increases

Avis Inc says it will extend its car rental rate hikes to other major cities next year. The increases raised standard-size rates to 11 dollars a day and 11 cents a mile in Philadelphia Detroit ChicagoSt Louis and San Francisco from 10 a day and 10 cents a mile. An Avis official cited higher car prices insurance and interest rates as the main cause of the rise.

New York Avis, Inc Avis Philadelphia Detroit Chicago St. Louis San Francisco International Telephone & Telegraph Co

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