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Press Telegram in Long Beach, California

30 Dec 1977

Page 12

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Press Telegram December 30, 1977 Page 12 old newspaper archives

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Newspaper

Press Telegram

Location

Long Beach, California, United States of America

Date

Dec 30, 1977

Page

12

New York Stock Exchange Transactions and Economic Update

The page notes varied stock prices and trading activity at the New York Stock Exchange. It references broader economic indicators, including the Commerce Department data showing a one month decline in key measures and signals tighter credit and weaker activity.

MENTIONED IN THIS ARTICLE

NEW York Stock Exchange Lan Ath Mate Lay ErAne B. Soy Trier Teale Meron Commerce Department Elis Terese Aren Wits Adel Tay Lee Ai Bioth Renee Uae Werner Borys Sal Berineaas Asda Dent Ieee
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Market edges higher as 77 close eyed by noon

The Dow Jones industrial average rose 1.12 to 31.83 at midday as NYSE advancers led decliners amid traders shifting for 1977 tax purposes. Commerce data showed a 0.2 percent November drop in leading indicators while Jack Eckerd Corp. traded actively and the NYSE composite gained to 52.42 as volume neared 9.39 million by noon.

MENTIONED IN THIS ARTICLE

New York Commerce Department Dolin Prise Jack Eckerd Corp NYSE Seal Jay Ae Exchange
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Economy index dips first time in five months

The Commerce Department reports the leading indicators index fell 0.2 percent in November after gains of 0.6 percent in September and flat in October. Economists caution that one month may mislead but expect further growth if unemployment is reduced and stimulus progresses. The Carter administration plans a tax cut late next year amid a slower economy but cites strong early activity.

MENTIONED IN THIS ARTICLE

Wastngton Commerce Department Mw J Carter
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Also Mentioned on This Page

Investment Trusts
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