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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Aug 01, 1977
Page
6
An OCR displayed chaotic prices and market figures from the New York Stock Exchange with scattered company names, indices, and trades. The fragmentary text hints at intraday trading activity, notable tick movements, and mixed performance across multiple sectors.
New car registration figures for Los Angeles and Orange counties show Chevrolet overtaking Ford as sales leader for the first seven months of the 1977 model year. Toyota’s market share rose 41 percent, narrowing the gap to Chevrolet to less than two percentage points.
New York stocks climbed as the market rebounded from last week's decline. The Dow rose to 896.22, GM up 1 percent to 40.69 amid dividend speculation, and the NYSE composite edged up to 54.39 while trading about 8.23 million shares at noon.
A Harris survey of 1,540 adults nationwide finds a strong public push for coal use in power plants, with majorities backing industry shifts and tax incentives to favor coal. Yet concerns persist about costs, environmental impact, and corporate control, while solar and nuclear are viewed as cleaner by sizable minorities.
Secretary Cali and Mrs Kreps discuss an exploratory plan to boost opportunities for workers and rescue the Social Security system from financial strain, though details remain in early stages and subject to administration policy.
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