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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Oct 19, 1977
Page
17
The page reports stock prices at 1 PM with scattered figures for trades, listings, and market activity. It also lists names and figures for various securities and index movements alongside references to locations and dates.
Lt. Gov. Mervyn M. Dymally weighs a possible bid for Congress next year while signaling discontent with the lieutenant governor post and highlighting his relationship with Gov. Brown. Report notes Dymally has not ruled out a run.
A Tuesday statement signals plans to decide by December whether to seek the Los Angeles congressional seat held by Rep. W. Brathwaite Burke. Burke, a Democrat, has announced her intention to run for state attorney general next year.
The Dow fell 1.12 to 19.39 as losers led gainers on the NYSE with mixed early trading. Analysts awaited the Federal Reserve report on money supply amid fears of potential credit tightening, while Dow Chemical slid 33 and third quarter earnings dropped to 78 cents a share from 90. The NYSE composite lost 44.51 points and the American Stock Exchange index slipped 22 points as volume reached about 8.92 million shares in early trading.
Two San Diego tuna boats the Frelyn da Rosa and the Diana C sailed for the tropical Pacific without government observers risking penalties up to 20000 dollars. NMFS spokesman Floyd Anders says neither vessel notified authorities within five days of departure and could face citations. The owner Cosima Curti blames government confusion while the crew sought to fish skipjack, not yellowfin, under current observer rules.
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