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Newspaper
Danville Register
Location
Danville, Virginia, United States of America
Date
Jul 02, 1977
Page
9
A compiled list shows quoted prices on the New York Stock Exchange with tracks of trades, bid and ask figures, and notable securities listed for daily trading. The compilation reflects market activity and reflects tickers, company names, and trading levels observed during the session.
The market closed weak pre holiday with the Dow down for the first six months of 1977, the worst half year since 1974. Glamor shares fell, IBM down 2 to 262, Johnson & Johnson off 1 at 69, Xerox down 4 to 4s, while some lesser stocks held their ground or gained.
Mild preholiday declines trim the Dow to 912.65 as 3 industrials drop 3.65, NYSE volume slips to 18.16 million while total turnover reaches 20.89 million with regional and OTC trades included. Analysts caution against drawing broad conclusions from the weekly tape as investors begin a three day weekend and Fed money supply data weighs on sentiment.
Midday trading on the New York Stock Exchange shows UAL, Syntex, and Amex leads in activity as indices dip and list of notable issues including Boeing, IBM, and Coca Cola fluctuate. Traders watch for central bank policy cues while volume remains high and many issues post mixed gains and losses.
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