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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Sep 01, 1977
Page
9
The page compiles stock quotes and market notes from the New York Stock Exchange at 1 P.M. trading, highlighting varied price movements across tin, pure metals, and related sectors. It references gold price context and includes market commentary from Associated Press sources, noting notable shifts and brief price indices.
Amtrak moves to raise fares by about 2 percent and cut passenger service to 25 states after Congress trimmed subsidies. About 22 daily trains will be dropped in the busy Boston to Washington corridor, with East Coast expansion to Florida curtailed to save roughly $2 million in the new fiscal year. Connecticut Gov. Ella Grasso plans to seek a White House appeal.
New York stocks edged higher as investors awaited clarity on wage and price controls. The noon Dow rose 2.04 to 1137.09 amid a cautious mood, with the NYSE composite up and volume climbing to 844 million shares by lunch.
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