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Press Telegram in Long Beach, California

29 Aug 1974

Page 14

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This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Press Telegram

Location

Long Beach, California, United States of America

Date

Aug 29, 1974

Page

14

Market slides as stocks drop on inflation fears

The New York United States stock market extended its three week slide with a 9.77 point Dow drop to 9177. The loss came amid investor frustration over inflation and looming labor day weekend. Pan American World Airways led volume on the New York Stock Exchange as traders watched for a possible federal subsidy to avert a crisis. First Charter Financial fell as a large block traded at 544.

MENTIONED IN THIS ARTICLE

New York Wall Jack Solomon Thomson & McKinhon Aachineless Kohlmeyer New York Stock Exchange American Stock Exchange Pan American World Airways First Charter Financial Mshare Block
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Labor Dept says strikes idle 28.46 million man-days

Washington UPI reports the Labor Department says American workers were idle due to strikes for the first seven months of 1974, totaling 28,455,000 man-days of idleness from January through July, higher than in the previous two years.

MENTIONED IN THIS ARTICLE

Washington UPI Labor Department
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