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Press Telegram in Long Beach, California

13 Oct 1977

Page 17

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Press Telegram October 13, 1977 Page 17 old newspaper archives

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Newspaper

Press Telegram

Location

Long Beach, California, United States of America

Date

Oct 13, 1977

Page

17

Gas talk and market notes at New York exchange dawn

A fragmented wire service page discusses New York Stock Exchange activity, gas industry comments, and energy market prospects. It highlights Southeast Asia, Australia, Malaysia, South America, and Alaska reserves, with remarks from Harold Mesigie and Rensch on gas versus oil.

MENTIONED IN THIS ARTICLE

Han Saint Sales Reenl Pacifie Lignin, Corp Los Angeles Sai Southwest Asrom Pacific Basin Rensch Southeast Asia Australia Malaysia America Alaska Japan Ithe Resch Southern California Gas Co Uae Phan Sayre Emily Ieee
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Gas firm chief cites regulatory hurdles to natural gas growth

Phoenix AP report quotes Joseph Rensch of Pacific Lighting saying ample global gas exists but prices and regulators block expansion. He notes delays at the Federal Power Commission and California approval, with California and Arizona relying heavily on gas for heating and cooking as traditional supplies decline.

MENTIONED IN THIS ARTICLE

Phoenix Ariz Joseph Renseh Indonesia Rensch Pacific Lighting Federal Power Commission Arizona California New Mexico Alaska
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Market interest retreat continues amid rate fears

The Dow fell to 820.95 as concerns over higher rates spurred a broad market retreat. Declines outpaced advances on the NYSE with disintermediation fears and Treasury bill yields above six percent cited as pressure. Sony led gainers with a 419.70 block amid 146 million Big Board shares traded by noon.

MENTIONED IN THIS ARTICLE

New York Wall Street Treasury Federal Reserve Fed Sony Corp al B NYSE American Stock Exchange
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Also Mentioned on This Page

NEW York Stock Exchange
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