Article: Initial public offering of Dreyfus New York Municipal Income of New York City begins trading on the Amex.

INITIAL PUBLIC OFFERING OF DREYFUS NEW YORK MUNICIPAL INCOME

OF NEW YORK CITY, BEGINS TRADING ON THE AMEX

NEW YORK, Oct. 21 /PRNewswire/ -- The American Stock Exchange announced that 2,875,000 common shares of Dreyfus New York Municipal Income, Inc., a newly-formed, non-diversified, closed-end management investment company, began trading today. Trading under ticker symbol DNM, the common stock opened on 45,000 shares at 10.

Dreyfus New York Municipal Income, based in New York City, is the 97th new Amex company and the 34th initial public offering to list this year. The Exchange's total number of new listings for 1987 was 152, ...

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