The Galveston Daily News from Galveston, Texas on September 26, 1978 · Page 3
Get access to this page with a Free Trial

The Galveston Daily News from Galveston, Texas · Page 3

Publication:
Location:
Galveston, Texas
Issue Date:
Tuesday, September 26, 1978
Page:
Page 3
Start Free Trial
Cancel

Stocks Aimless; Trading Is Slow NEW YORK (UPD Stocks, buffeted between -investor concern over rising interest rates and • bargain hunting, went just • about nowhere Monday in the slowest trading in 2 ' •• 'months. • The Dow Jones industrial tverage slipped 0.09 point to 862.35. The New York Stock Exchange index added 0.01 to 57.38 with no change in the price of a share. Declines topped advances by an 8-to-7 margin among the 1,856 • issues traded at 4 p.m. EOT. The NYSE volume of ' 20,970,000 shares was the smallest turnover since 11,565,540 shares changed hands July 3. Markets (The following quotations are supplied through the courtesy of Rotan Mosle, lnc.,Galvestoo.) Allied Chem 35^ KMart 26 :t i Alum Co Am 45'., Kroger 32 AmerAir 16 Am LigMyrs MS Can 38 ;k Litton Ind 24' g Am Cyan 29'„ Lockheed 28'-. Am Motors 6V S ^ K 9 78 AmT&T GO 7 , M^oil 51'i ArmcoSU W, McDermott 26^ BendixCorp 39'- MinnMng 5^4 Beth Steel 23^ Monsanto 57^ Boeing Air 61',4 Motorola 45=U Borden 29 Mobil Oil 69^ BorgWarner 311? NallCyp 18 : !s CampblSoup 36 NorWstRR 28v' s Celanese 44 PacGasEl 23Tn Chrysler 12 pnhdlEst 43 CitiesServ 53 : >» Penney 37to Coca Cola 43 7S Pepsico 29 ColgPalm 20 1 * Phil Pel 33^ ColBrdcst 57 Polaroid 50'it ContrtData 38V, RCA 29',fe ContlCan 31 3 4 Raytheon 47'i ContlOil 29 RepubSU 25Vj . Delta Air 49 RnldsMtl 35',* Dow Chem 28 RnldsRJ 61'* DuPont 125 3 4 RylDPel Wft EastrnAir I3',fe Santa Fe 34% ElPasoNGs 17!'4 Safeway 43% Ensearch 20 Sears 22 7 ; s Exxon 50 7 B SrvClntl 9t» Firestone 13V4 ShrwnWms 25 IsllntBcsh 36 shell Un 35 r !» Ford 45^ SigOil 51 FrprtSul 27' 4 SoPac 31 VB GAP 13*i SoUnGas 22'j GenElec 52'r, SperryRnd Wk Gen Foods 32% StdOilCal 46 Gen Motors 62«4 stdOillnd 51 ',-> GenT&T 30 Tennecolnc 3W» Getty Oil 39% Texaco 24% Gillelte 31 Vi TxETrns 38 BFGdrch 20'A Txlnst 86^ Goodyear 17 TxGlflnc 21^ Gordon Jl 20'4 Textron 30 fe Greyhound 13''. TexUtil 20ft Gulf Oil 25 1 -. ToddShpyd 27 Halliburton 69 Transco 21 7 / 6 65 : » Un Carbide 39^ i UnOilCal . Honeywell Houslnd . HoOil-Min 24'.4 Uniroyal „ Hughes Tool 4G'.s US Steel 52% 35',4 IBM 279'-, WeslrnCo 'InlHarv 40 l i WestrnUn mt, ' Int Nickel 16 r - s Wsbighse 21% Int Paper «'.•. Woolworth 2(H 4 ilntT&T 31 : H, Xerox Wit, •JohnManv 31'-i Zales 20V 4 -KaiserAim W\ ZenithR 16-\ kennecott 27^ LOCAL INTEREST , (The following quotations, supplied by Rotan Mosle, Inc., are on stocks o! particular local area interest because of the nature of the organization or the fact it is ''locally connected through holdings or operations la this area.) Bid Asked •AmlndFncl 17^ 17 7 » •AmNUFncl 13>, 2 13 7 ,« AnheusrBusch 25 25^ ;Anico Growth 3.66 4.22 .' Anico Income 13.60 14.86 ContlTelUtl 24'. 2 'Conn Gen Ins 39' 2 40 • Falstaff Ivi. 1 GrtSthm W-. • Mitch Energy 1 2P 4 Natl W Life 8 PenzOtshr 13 . Stewart Intor 29 3 4 • Stewrt&Stev 18 7 » USNaUBcsh 9',i Weingarten 6 30','j Trendsetting First National Bank of Chicago triggered some early selling by raising its prime lending rate '/» point to 9 : !/4 percent, the highest level since Jan. 13, 1975. Other banks are expected to follow. Wall Street was disappointed the dollar failed to respond on foreign exchanges to tightening measures, but some traders were encouraged the Fed was moving forcefully to correct the inflation problem and to aid the greenback. At a joint meeting of the International Monetary Fund and World Bank in Washington, President Carter pledged support for the dollar. Other speakers warned of the dangers of inflation and protectionism. Composite volume of NYSE issues listed on all U.S. exchanges and over the counter at 4 p.m. totaled 21,807,520 shares. The American Stock Exchange index shed 0.49 to 166.79 and the price of a share dipped 4 cents. The National Association of Securities Dealers' NASDAQ index of OTC stocks lost 0.19 to 132.11. At 4 p.m., Carrier Corp. was the most active NYSE- listed issue, up 6 % to 26 Vz. Ramada Inns was second, off Vz to 13 %. Pan American World Airways was third, issue, off V« to 8 On the Amex, declines topped advances by a 3-to-2 margin among the 894 issues traded at 4 p.m. Volume at that time totaled 3,140,000 shares, compared with 4,530,000 Friday. Resorts International A stock was the most active Amex issue, off 10 % to 128. Resorts International A when-issued stock was third, off 3 M> to 43%. Holy Name Sets Mass, Breakfast The Holy Name Society of Holy Rosary Catholic Church will conduct its annual mass, to be followed by the Father-Son Breakfast, at? a.m. Sunday. The mass is offered for the spiritual welfare of the civil and religious leaders of the community. The Rev. Msgr. J. Fiorenza, chancellor of the Galveston- Houston diocese, will be the celebrant. The Father-Son Breakfast will follow at 8:30 a.m. in the Grecian Room of the Galvez Hotel. State Rep. Mickey Leeland of Houston will be the main speaker. Special guests will include civil officials of the state, city and county and clergymen and laymen of various demoninations. Tickets for the breakfast are $4.75 and are available from any member of the Holy Name Society. The Rev. Louis Saporito, SSJ, pastor of Holy Rosary Church, is the spiritual director of the Holy Name Society. Wilfred Simon is president, and the Rev. Mr. Richard Haller is past president. Tuesday Morning, September 26, 2678 (flu- ofo Daily ^cius 3-A 9/25/78 Recci"ts Otner Ports Total This Day 2,328 This Week 2,328 This Season 278,239 Last Reason 82,197 2,328 2,328 276,239 82,197 EXPORTS (ForeiSn) Great Britain France Continent Atrica 5. America Middle Has t Orient Total Foreien 100 7,983 5,551 349 202.450 JH'l 5 ^ 215 > 984 59i804 (Domes tic) By Container By Rail By Truck Destroyed By Fire TOTAL EXPORTS Galveston Stock Statement This Da» Las V Year TOTAL BALES „__!___« _._i«: 2 _0 139,449 36,319 32.936 30.369 8,535_ 4,410 150 397,904 131,052 This report provided through the courtesy of the Galveston Cotton nariRe and Board of Trade Crabs Cause Of Cholera BATON ROUGE, La. (UPI) — Cholera bacteria that infected five persons in Abbeville and Kaplan can^ from crabs caught in a 75- mile coastal stretch from Mud Lake in Calcasieu Parish to Pecan Island in Vermilion Parish, a federal health official said Monday. Paul Blake, a medical epidemiologist with the National Center for Disease Control in Atlanta, said seafood from the area was safe to eat if it were thoroughly cooked and properly stored in clean containers. "The risk is very low," he said. "We have seen just a few isolated cases." Blake told a, news conference the persons who became ill with cholera or showed signs of infection all had eaten crabs caught from an area south of Pecan Island or from Mud Lake. Cultures still are being taken from the region but so far cholera bacteria has been found only in shrimp, he said. Blake said he svas expecting confirmation that a 19-year-old Abbeville woman was the fourth case of cholera reported in coastal Vermilion Parish since the first one in mid- August. . A fifth person, the 15- year-old daughter of one of the confirmed cases, showed cholera bacteria in tests but did not have clinical symptoms of the disease. INSURANCE PROBLEMS DUE TO CANCELLATIONS CONTACT SARACCO INSURANCE 2702 BROADWAY 763-7797 — GALVESTON • —48*4983—HOUSTON We ore (he Speciofisfs. with Answers and lower Roles . CALL FOR MICE QUOTES Tamil Available GETTING SET FOR THE 4-H Fall Fishing Fiesta to be held Friday, Saturday and Sunday are from left, Judge Ray Holbrook, Debbie Marullo, AAA 4-H Club; and Pat Brown, Galveston County Rifle 4-H Club. (Staff Photo By Betty Tichich) Fishing Fiesta Set Rolladen PVC shutters. They protect you from every Tom, Dick or Jimmy. The third annual fall Fishing Fiesta will be Friday, Saturday and Sunday. The tournament, sponsored by Galveston County 4-H clubs, boasts prizes and trophies worth $1,500. Contestants may compete in all of seven categories and be eligible for the drawing worth hundreds of dollars, for a $1 donation. Each winner will be awarded a trophy and merchandise worth $100, first place; $50, secfind place; and $25, third place. The categories are redfish, speckled trout, flounder, croaker, kingfish, open and shark. Only first place will be awarded in the shark category. For the open category, any species listed in Texas Records for Salt Water Fish may be entered. Winners will be determined by weight comparison of fish entered to the state record for that species. Galveston county businesses have donated prizes for the tournament. They include Steelco Inc., American National Insurance, Greyhound Photo, Gibson's, Toy's Plus, World Bazaar, Island Marine, Athletic Attic, Williams Party Boats Inc., Gibson's Discount, First Bank of La Marque, Mainland Tire, Johnson Home and Auto, Texas City Feed Store, Chesshir Real Estate, Naschke Sports Center, KTLW, andB&S Variety. Tickets are available at tackle and boating stores and marinas throughout the county. Ticket sales will be conducted by the 4-H Club members at the Galveston Yacht Basin, Galveston South Jetty and the Texas City Dike during the weekend. Galveston County 4-H clubs ask that anyone wishing to contribute contact Mel Russell, county extension marine agent at 534-3413 or 948-2581, extension 29(i. Rolladen is number one in PVC shutters. The tough shutters that keep vandals and burglars out shutters that roll up, roll down in seconds, and lock solidly in place. Hurricane force winds cannot blow them out of their tracks. And they save energy, too. Rugged and reliable PVC material provides strength and security cheaper aluminum shutters cannot offer (fact is, most of our, competition sells aluminum The rolladen because they do not hove the experience to work with this super-tough material. They have been protecting South Florida for 10 yeqrs'w'ith more than 30,000 inslallion. Don't put it off any longer. ROLLADEN OF TEXAS, INC. Call for free estimate! .PHONE 737-3748 OR 737-3779 AFTER 6 P.M. CALL Bill HUDGINS 737-1625 OR LOKNIE PHILIPS 737-3807 14119 STEWART ROAD RT. 1 BOJC149-N, GAL., TX. 77551 SCHREIBER & MILLER GALVESTON- LA MARQUE SAVE NOW ON GE QUALITY-BUILT APPLIANCES 17.6ciLft NO-FROST REFRIGERATOR WITH THE KIDS BACK IN SCHOOL MOM NEEDS. A I® QUALITY BUILT FILTER-FLO AUTOMATIC WASHER! WITH FACTORY INSTALLED * T N0 Cotton- Grain Statement NOW ONLY • Standard Capacity. Single Speed Washer • 3 Water Levels let's you match the water level to load size • 2 Cycles-Regular and . . Permanent Press • 5 Temperature Combinations (in limer) • Filter-Flo' 1 System • Porcelain Enamel Finished Ton, Lid, Tub & Basket General Electric Convertibli POTSCRUBBER DISHWASHEI WITH ICEMAKER INCLUDED! GALVESTON COUNTY'S "HOME-OWNED" FRIENDLY FURNITURE STORES G ALVESTOM 2318 Market Phone 762-8654 LA MARQUE 310 Oak St. LA MARQUE STORE OPEN THURSDAY UNTIL 8 P.M. Phone 938-81 81 FREE DELIVERY IS INCLUDED!

What members have found on this page

Get access to Newspapers.com

  • The largest online newspaper archive
  • 11,200+ newspapers from the 1700s–2000s
  • Millions of additional pages added every month

Try it free