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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Apr 06, 1977
Page
7
New York AP report shows late NYSE quotations with Dow Jones up 0.75 point amid mixed high and low readings across industries and many stocks. Indexes list notable gains for Amex and major firms with fluctuating prices and narrow percentage changes.
New York AP report shows scattered gains and losses across numerous listed issues with percent changes and daily last prices. Notable entries include AmSciE Amaz, AtlasCp, Bellind, BeverlyE, BrasaA, and many others reflecting a volatile session.
London gold at 149.40 up 0.60. London May coffee 2.96 up 0.01. Cocoa 1.84 up 0.07. Sugar 11.1 cents per lb. IMM June gold 149.10 up 1.50. Apr silver 4.72 up 0.03. May copper 67.60c up 0.04. May wheat 2.66 up 0.02. May corn 2.51 up 0.12. May soybeans 0.59 up 0.01. May soymeal 271.90 up 4.60.
AP Business Analyst John Cunniff reports Prof. Eugene Jennings of Michigan State University criticizes "positive assertiveness" programs as deceptive. He says such seminars lure women with no real management skill, while true leadership requires planning organizing controlling and coordinating others.
The Scottsdale area gains a new Thrifty Discount Store at Sun Plaza near Scottsdale and McKellips. Management heads James Padgett with 28 years with the chain, Ronald Williams and Warren Fouty as assistants. The 20,100 square foot outlet debuts with a three week grand opening sale. Thrifty, Arizona's first store opened in 1956, will run 30 stores in the state after this opening, with another Tucson location planned for June. Existing area locations are 7011 E Camelback Rd and 2950 N Hayden Rd.
The Dow Jones average edged up .75 to 916.89 as gains barely outpaced losses amid inflation worries and energy program uncertainty. Big Board volume was 11.28 million. Bally Mfg fell 1% to 23% amid questions about recent activity. Sonesta rose 2% on news of acquisition talks with Loews Corp.
The Arizona State University Center for Executive Development schedules an April 22 seminar to teach the basics of establishing and maintaining an equal employment opportunity program. It targets managers and decision makers and covers discrimination law and related statutes. A second one day workshop on management by objectives is planned for April 28.
More than 350 antique and classic vehicles, including a 1935 Duesenberg Town Car and a Pope Paul VI Lincoln Continental, are set for sale at the Scottsdale Desert Classic Car Auction on Friday and Saturday near Scottsdale and Indian School. Public viewing begins Thursday at noon with bidding from 10 a.m. Friday. The Duesenberg could exceed 140000 dollars. the Lincoln once carried Pope Paul VI and Neil Armstrong in a parade. A 1953 Buick Roadmaster built for Howard Hughes is also offered with special air conditioning features.
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