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Lubbock Avalanche Journal in Lubbock, Texas

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Newspaper

Lubbock Avalanche Journal

Location

Lubbock, Texas, United States of America

Date

Jun 12, 1977

Page

15

Stock Market Turns Cautious Amid Growth Doubts in 1977

New York analysts flag slower expansion and uncertain 1978 prospects as investors shift to caution. Thomson McKinnon urges care, citing peaks in activity and mild gains ahead, while Schultze says growth will stay healthy enough for a solid year. Dow dips to 910.79, S&P rises to 98.46.

New York Thomson McKinnon Securities Cau Thomson McKinnon Harry Zisson Charles Schultze Carter Congress New York Stock Exchange Zisson Manufacturers Hanover Trust

Second Quarter Report May Reflect Recovery

Economists see a steady rebound into the second quarter with better consumer spending and firmer corporate profits. Data Resources projects after tax earnings around 955 billion for Q2, up 9 percent from QT1 and about 15 percent above 1976.

Otto Eckstein Data Resources Inc Eekstein Commerce Department Data Resources Chase Econometric Associates Cox Merrill Lynch Economics American Statistical Association

Also Mentioned on This Page

Lubbock Avalaa Hanover Merrill Lynch Pierce, Fenner & Smith Richmond Cedar Works Orig the Etagere For Creative Shelving Housewares Joanna South University Bowman Bowma
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