Labor Day Week Rally Signals Mixed Market Theories
Stock analysts weigh two rivals as the Labor Day rally extends and September forecast looms. Dow climbs to 907.74, above 900 for first time since mid Aug, with volume near 39.3 million shares daily. Analysts note September strength may or may not signal year end momentum as traders weigh long-standing legends against this year's irregular moves.
MENTIONED IN THIS ARTICLE
Mark Potts
NEW York (Ap
Wall Street
Robert Stovall
Dean Witter Reynolds
Dow Jones
Dow
New York Stock Exchange
American Stock Exchange
Newton D. Zinder
E.F Hutton & Co
Carter weighs stronger arm to push voluntary controls
President Carter signals possible arm twisting to back a new anti inflation plan while pursuing voluntary wage and price guidelines. Pan American and National Airlines outline a merger to form a major carrier, Texas International eyes National stake. Wholesale prices fall 0.1 percent in August, Commerce data show slower capex growth planned this year.
MENTIONED IN THIS ARTICLE
Kristin Goff
New York
Washington
White House
Carter
Pan American World Airways
National Airlines
United Airlines
Commerce Department
TIA ratifies two labor contracts for staff and techs
Houston based Texas International Airlines announces ratification of two labor deals for flight attendants and maintenance technicians. The agreements retroactively cover Sept 1 1977 and Dec 31 1977, aligning about 2500 employees under contracts through 1980 with improved wages and benefits and productivity gains.
MENTIONED IN THIS ARTICLE
Houston
Texas International Airlines
Association of
Flight Attendants
International Association of Machinists
KJ. McKay
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