Newhall Land Statement on Trading Activity.VALENCIA, Calif.--(BUSINESS WIRE)--Nov. 10, 1997--At the recommendation of the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. , The Newhall Land and Farming Co. (NYSE NYSE See: New York Stock Exchange :NHL NHL Non-Hodgkin's lymphoma, see there ) (PSE:NHL) Monday stated that it is not aware of any reason or event causing the high volume of trading of its units. Newhall Land is a developer of new towns and master-planned communities. Its primary activity is the new town of Valencia. Newhall Ranch, the company's next new town now well into the governmental approval process, and Valencia together form one of the nation's most valuable landholdings. They are located on the company's 37,000 acres, 30 miles north of downtown Los Angeles Downtown Los Angeles is the central business district of Los Angeles, California, located close to the geographic center of the metropolitan area. The sprawling, multi-centered megacity is such that its downtown core is often considered just another district like Hollywood or . CONTACT: The Newhall Land and Farming Co., Valencia Marlee Lauffer, 805/255-4247 or Mickaelian Associates Fred Mickaelian, Jr., 213/268-1152 |
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