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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Apr 09, 1974
Page
5
The Dow Jones industrial average rose 5.71 points to 845.67 while the transportation average gained 0.66 to 182.49 and the utilities index edged up 0.04 to 88.13. Total volume reached 9,960,000 shares.
A promotional piece urges employees to join the Payroll Savings Plan and buy U.S. Savings Bonds. It claims bonds provide a dependable savings method with good interest and two benefits: funding future vacations and avoiding staying at home. It emphasizes ease of purchase through payroll deductions.
The summary lists closing quotations for May silver at 4.59 per ounce, July platinum at 230.00, May copper 1.23 per pound, May corn 2.64 per bushel, May wheat 4.26, May soybeans 5.45, live cattle 46.05 per hundredweight, June hogs 38.15, June eggs 41.30 per dozen, May Maine potatoes 18.50 per cwt, May cocoa 87.30 per pound, May cotton 71.10, and May plywood priced at 5.50 per thousand square feet.
Southwest Video Corp markets a Sanyo portable video cassette camera capable of sound and instant playback. The unit records up to 20 minute cassettes with zoom lens, rechargeable batteries, and optional AC or car power. Basic kit $2695, with accessories total about $3000. The system is pitched for real estate tours, training, law enforcement, and home use, with color unit expected soon.
Los Angeles Times reports Communist China plans to develop its own oil reserves and has agreed to buy up to twenty million dollars of drilling equipment from American firms. The purchases, kept secret at Beijing’s insistence, may signal broader sales as negotiations extend and competition among US suppliers intensifies.
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