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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Aug 30, 1977
Page
6
Listing of afternoon prices and quotations from the New York Stock Exchange. The document lists securities with bid, ask, and last sale values, alongside market notes and investment trust quotations. It includes references to notable securities and prices, reflecting the day’s trading activity and market movements.
The New York market edged higher at noon amid a Monday rally, with the Dow up 8.67 points from Monday and gainers leading losers on the NYSE. The Federal Reserve boosted the discount rate to 5.4 percent, while the leading indicators index posted a third-straight monthly decline. Tejas UGRGes led NYSE activity at 21 percent, and a large 250 million share block traded at 2144. The NYSE composite rose to 818.19, and the AMEX market value index climbed as volume increased.
Washington AP reports the index of leading indicators fell by two tenths of 1 percent in July, the third straight monthly drop. Six indicators declined while four rose, with declines in average workweek layoff rate and orders for capital goods, offset by gains in money supply and stock prices. The Carter administration predicts slower growth in H2.
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