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Press Telegram in Long Beach, California

17 Mar 1977

Page 8

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Newspaper

Press Telegram

Location

Long Beach, California, United States of America

Date

Mar 17, 1977

Page

8

New York Stock Exchange Transactions Overview and Bond Market Notes

The report covers afternoon price snapshots across exchanges with scattered figures and mentions dry wells in the oil and water sector. It notes drilling activity rising in California, Nevada, Oregon, and Washington to bolster water supplies amid groundwater declines. It also lists investment trust quotations and various securities trading data, highlighting firm activity and market movements.

MENTIONED IN THIS ARTICLE

Johnston Bae
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Stock rally stalls as Dow slips mid day

New York stocks drifted lower as the Dow fell 5.07 to 962.93 at noon amid caution over a fading rally. Analysts noted trader wariness after Treasury Secretary Blumenthal warned of limited business capital investment. Asarco led NYSE activity, up 20 percent on heavy volume. Cummins Engine dropped to 49 1/2 as plans for about 4 million dollars of new stock were announced.

MENTIONED IN THIS ARTICLE

New York Treasury Michael Blumenthal Asarco NYSE Cummins Engine
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Drought Dries Up U S Water Wells Across Midwest

The government reports thousands of wells drying up due to a prolonged drought. USGS says Minnesota has about 900 dry wells, Michigan 140, and Wisconsin 500, with California and the Northwest digging deeper for moisture as groundwater declines.

MENTIONED IN THIS ARTICLE

U.S Washington Midwest Biological Survey Minnsota Michigan Wisconsin California Nortwest Richard Johnson USGS
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Also Mentioned on This Page

NEW York Stock Exchange
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