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La Crosse Tribune in La Crosse, Wisconsin

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Newspaper

La Crosse Tribune

Location

La Crosse, Wisconsin, United States of America

Date

Jun 19, 1976

Page

8

NYSE Selected Week Sues Sales and Stocks Mixed

New York and American Stock Exchange listings show a mix of gains and losses for selected issues. Trading highlights include varied highs and lows with noteable movements among energy, manufacturing, and financial sectors.

AT&T Posts Record Profit From Public Stock Offering

AT&T sold 12 million shares at 54.875 each, netting a record 658.5 million for the Bell System firm. The issue drew both individual and institutional demand, aiming to fund 10.4 billion in 1976- style expansion and preserve its triple A credit rating.

At&t Nets New York American Telephone and Telegraph Co Bell Telephone System Wall Street Times Morgan Stanley & Co At&t Wall

Stock Market Ends Week With Sharp Rise Across Indices

New York markets surged on signs of stabilizing rates and stronger economy. The Dow climbed 23.08 to 1001.88, S P 500 rose 2.80 to 103.76, and the NYSE composite gained 1.56 to 55.29 as volume neared 23 million shares daily. American Telephone led gains after a successful stock offering. Gateway Transportation declared a 72 cent dividend payable July 15.

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Stocks Up And Down In New York OTC List

The AP reports the American Stock Exchange issues with the largest percentage gains and losses for the week. It notes that net and percentage changes reflect the difference between last week’s and this week’s closing prices across Over-The-Counter Industrial stocks regardless of volume.

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Also Mentioned on This Page

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