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Scottsdale Progress in Scottsdale, Arizona

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Newspaper

Scottsdale Progress

Location

Scottsdale, Arizona, United States of America

Date

Apr 11, 1977

Page

5

Dow Jones Tabs Flat Mixed NYSE Averages at 2 P.M.

The 2 PM Dow Jones averages show mixed results with Industrials near 992.32, Transports at 225.94, and Utilities at 107.11. Stock quotes list numerous issues with varied highs lows and last prices across the New York Stock Exchange, reflecting a broad market snapshot from the Associated Press.

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Stock Ticker Snapshot From American Exchange Markets

AP reports NY stock listings from American Exchange with prices, highs, lows and percent changes for numerous securities. Highlights include Amisco, Asamera, Amolon, AltecCp, and many others showing varied gains and losses amid a broad market snapshot.

Commodity Closings in London and IMM Markets

London closes show gains in gold coffee cocoa sugar and metals. IMM futures rise for June gold silver copper and May grains soybeans meal oil and livestock contracts trade notes market not closed.

London

Food store chains post bigger margins in 1976

The embattled food store chains raised their margin on sales to one percent in 1976 from 0.5 percent in 1975, a notable improvement despite dwindling buyer power and inflation. Citibank’s study shows general industry gains, though not as strong as the chains.

John Cunniff NEW York Citibank

Business fears and inflation shadow Carter anti inflation plan

The banking view notes 1976 after tax profits up 29 percent from 1975 but real momentum remains uncertain as a profits deflator shows shrinking purchasing power since 1973. Business doubts over inflation and potential controls grow, risking price spikes if the administration cannot convince firms its program will curb inflation quickly.

Commerce Department Carter

Stocks Make Slight Gain In Easter Eve Rally

The Dow Jones industrials rose 3.44 points to 922.32 at 2 p.m. as markets continued a technical rally started late last week. Trading favored advances by about 85 to 1 on the NYSE amid the Easter weekend eve.

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