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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Oct 25, 1977
Page
17
A cluttered OCR page notes stock quotes and prices at 1 PM, listing numerous figures and ticker references. It mentions traders and exchanges across varied securities, with stray names and inconsistent data scattered throughout, reflecting a chaotic snapshot of market activity.
Readers see Monday quotations for investment trusts including shares from Elite Banc and various brokers. Data shows price movements and notable yields, with references to banks and fund managers amid market activity.
The Dow Jones Industrial Average sinks 2.77 to 199.63 at noon as losses mount across the market. Weakness blamed on rising rates, a faltering dollar, and White House-Fed policy tensions. General Motors active while NYSE volume reaches 10.10 million shares in early trading.
A federal judge ordered Pan American World Airways, Air France World Airlines, and Lufthansa German Airlines to pay $41,000 each after pleading to conspiracy to fix excursion fares between the United States and West Germany. The civil suit seeks to prevent future similar conduct. Indicted in 1972 on charges of agreeing to fix prices for excursion fares for American travelers and families, with a maximum $50,000 fine per violation.
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