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This newspaper page contains 3 articles. Subscribers can read the full text of each article.
Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Jul 31, 1974
Page
15
A crowded financial page lists stock exchange quotes and prices from the New York Stock Exchange. The scrambled OCR shows many company names and figures, including wild gaps, but indicates closing prices and trading activity for several funds and investments.
The Dow Jones Industrial Average dropped 6.14 to 757.43 in a fifth straight decline as inflation rates and political uncertainty weighed on sentiment. The NYSE saw 1,706 issues traded with losers ahead 924 to 372. AMEX index slid 0.74 to 17.68, while ESS held at 41. Sears Roebuck dipped 4 to 67 on lower second quarter earnings prospects.
Chicago AP reports William Sidell president of the Carpenters Union urged low interest federal mortgages at 4 to 5 percent to aid 80,000 union members hit by the housing slump. He proposed the federal government replace banking with direct citizen funding via FHA threats and government loans.
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