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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Sep 20, 1977
Page
9
A chaotic OCR readable segment details fluctuating post noon quotes across multiple securities. It mentions specific tickers, prices, and volumes including notable firms and traders, reflecting a busy market session with varied movements.
New York stocks stabilized after hitting the year's low, with the Dow down 0.8 at 51.44 by noon. The NYSE composite slipped to 92.43, volume rose to 8.40 million, and Sony led the active list up 4.4. Congalewn Corp. planned a tentative $25 a share offer for its bank.
President Carter signed a new consumer protection law in a Rose Garden ceremony aimed at curb overzealous debt collectors. The act prohibits cursing threats or midnight calls and caps fines at 1000 dollars for individuals with damages eligible in suits. It is enforced by the Federal Trade Commission and targets consumer loan collections.
In the San Joaquin Valley, a UFW dispute with Valley table grape grower Vincent Zaninovich leads to a state order via the Labor Relations Board. The action demands employer representation and access for workers, amid charges of unfair labor practices and forced job losses linked to union organizing efforts. The board also requires the company to provide updated employee lists and employer addresses for upcoming representation elections.
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