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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Jun 18, 1979
Page
4
Today’s early market roundup lists selected nationwide Semipatite prices for stocks traded on the New York Stock Exchange UPI reports a snapshot of early activity, highlighting notable movers and overall momentum across key sectors.
Nationwide composite prices for selected stocks list Amex United States Gypsum Transamerica US Steel Westinghouse and more with figures by market identifiers NYSE Boston Cincinnati NASD and Midwest. Footnotes explain dividends, stock splits, and price notation, highlighting ex-dividend and special distributions.
The dollar eased against leading currencies in early trading as gold held below last week’s peak. Gold opened in Zurich at 280.125 per ounce, and in London at 279.75. The yen slipped to 219.25 per dollar while the pound rose to 2.10575 dollars. French francs, German marks, Swiss francs, lire, and guilders also edged lower in Paris, Frankfurt, Zurich, Milan, and Amsterdam.
Grocery tabs include many non food items as Americans spend more on detergents, hair spray, magazines and tobacco. USDA figures show 1977 food and nonalcoholic beverages cost 107.3 billion, with non foods adding 40.8 billion, and nonfood sales rising to 27.6 percent of totals by 1977.
Independent truckers in Pennsylvania parked rigs at diesel pumps in a stepped up protest against fuel costs. Stations along I 78 and I 81 remained largely open as managers reported cooperation and no violence. The action, spreading to 37 states, targets fuel prices and uniform industry rules with others calling for a 55 mph limit lift. About 40 truckers met in Berks County to plan further shutdowns.
Akron Ohio AP Uniroyal and United Rubber Workers reached a tentative three year contract after a morning signing of an apology statement for not honoring an earlier settlement. UAW said the pact exceeds the Goodrich settlement in value and details will be released later.
President Carter’s choice of federal judges faces growing opposition as hearings begin on 18 of 117 district seats and four of 35 circuit slots. Sen. Gordon Humphrey urged against Patricia Wald’s confirmation citing a magazine article on children’s rights.
A Texas man, 24 year old Terry Danner of Pampa, and Reid A. Briggs, 23, of Enid, died when the Danner vehicle collided head-on with another auto on U.S. 60 near Fairview. Four others in the Danner car and one in Briggs car were listed in critical condition. The incident occurred about 9 p.m. Sunday, contributing to Oklahoma’s 1979 traffic death toll of 397 versus 378 in 1978 for the same period.
A bridge puzzle notes vulnerability and hand patterns. It presents several hands with suggested actions from pass to doubles and bids like two diamonds and hearts, analyzing risks and potential grands and takedowns across different vulnerable/ nonvulnerable scenarios. The tone mirrors a problem column with strategic commentary and recommended actions.
Mixed trading on the New York Stock Exchange saw the Dow dip to 843.12 after an opening rise, with 226 advances and 187 declines among 676 issues. NYSE turnover reached about 2.39 million shares as investors awaited housing starts data and reviewed recent mixed economic signals.
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