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Press Telegram in Long Beach, California

02 Sep 1975

Page 5

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Press Telegram September 2, 1975 Page 5 old newspaper archives

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Press Telegram

Location

Long Beach, California, United States of America

Date

Sep 02, 1975

Page

5

Market slips on profit taking after strong gains

New York trading cooled as profit taking followed last week's sharp rise. The Dow Jones 30 averaged 829.32, down 6.02, with more losers than gainers by over two to one on the NYSE. Volume was light and the market faced caution over NYC budget deficits and international debt relief plans.

MENTIONED IN THIS ARTICLE

New York New York Stock Exchange Duw New York City Moretary Countriey Asaadd Amestake Mining Campbell Red Lake Minns Utah International Jestler Okps National Airlines NYSE Combuslee Jadlex Exchanud Alge
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Apple prices to drop as bumper crop expected nationwide

The Agricultural Marketing Service predicts this year’s apple crop near 74 million 12 pound boxes, up 13 percent from last year, with Washington and New York growers reporting larger crops. Wholesale prices may fall to about $6 a bushel, though costs for transport and storage could temper consumer price declines. Some regions face labor and picking shortages while concerns rise about farmers going out of business if prices stay low.

MENTIONED IN THIS ARTICLE

Agricultural Marketing Service U.S. Department of Agriculture USDA Washington New York State James Garlik New York
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Inventories Decline Amid Signals of Recovery

Washington AP reports inventories held by U S manufacturers declined for the fifth consecutive month, the Commerce Department said. Industry stockpiles fell 950 million or six tenths of one percent from a month earlier, marking a steady decrease since March. The reduction aims to curb stock and waterprose anomalies to boost industrial production.

MENTIONED IN THIS ARTICLE

Washington Osteata Commerce Department
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Poday Fares Rade Elie Bey Bane Eriean Gisborn Baia Saeutaas Beth Uae Alesineare Rimeyeb Lee Sarl National Mediation Board Associated Press
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