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Economy / Indicators / Wall Street #250170

CBS Evening News for Friday, Dec 30, 1977
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(Studio) Index of leading economy indicators figs. for November given. Dow Jones av. one year ago and now contrasted. Changes in Wall Street is subject of report
REPORTER: Roger Mudd

(NYC) Congress and Securities and Exchange Commission pressure on New York Stk. Exchange to become more efficient noted. Securities and Exchange Commission proposal to allow brokers to trade stock among selves instead of just on Exchange floor detailed. [Floor broker Ellen LEE - says no one has come up with better way of trading stock yet.] Other SEC proposals cited. [Exchange Vice President Francis PALAMARA - cites opposition to computerization of Exchange.] Contd. effect of 3-yr.-old government change in commission payments outlined. [Floor broker C. Peabody MOHUN - thinks merger trend will continue till new people, willing to take chances, come in.]

Brady, Ray;
Mudd, Roger

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