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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 12, 1976

Page

5

Critics say statistics reflect public opinion

AP Business Analyst argues data mostly mirror what people suspect and asks readers to judge figures. Citibank notes profits rose in amusement and baking industries in 1974 75 due to movie attendance and rising demand. Conference Board cites health spending growth from 1950 to 1975 and life expectancy gains, while mortgage delinquencies rise as consumers buy big items.

John Cunniff New York America Citibank Conference Board

Mixed Stock Market Slips After IBM Earns 3.63 A Share

The New York market opened higher but midafternoon trading showed a modest gain for the Dow Jones industrial average at 970.01 while losses led gains on the NYSE. IBM reported 3.63 a share for the first quarter up from 2.95 a year ago causing investor disappointment as its stock fell 3 percent to 264 despite IBM ranking No. 1 in total market value. Signal Cos. was the day’s most active issue rising 3 percent to 19 percent.

New York International Business Machines Corp New York Stock Exchange IBM Wall

Commodity Closings in London and Markets

London gold at 127.00 per ounce unchanged IMM June gold 128.30 up 0.70. Apr silver 4421 down 15.2 cents. May copper 70.2 cents up 2. May wheat 3.482 down bushel. May corn 2.64 down 2 cents. May soybeans 4881 up 8 cents. May live cattle 44.82 down 0.30. Apr hogs 50.20 unchanged. May pork bellies 79.75 up 1.35. May fresh eggs 42 45 cents up 0.65. May Maine potatoes 11.08 up 50 cents. May plywood 162.80 up 3.30. May cotton 59.94 down 0.71. May sugar 13.81 down 0.6. Market not closed on above items.

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Hayden heads Scottsdale merchants group in election

Hayden, manager of Diamonds, was elected president of the Scottsdale Fashion Square Merchants Association succeeding Scotty Scott. Re-elected officers include John Midzer as first vice president Arlene Stafford as second vice president and Tom Kimsey as secretary treasurer.

Don Hayden Diamond's Scottsdale

Also Mentioned on This Page

Business Mirror U.S. League of Savings Associations League Scottsdale (Az Hayden Dow Jones Signal Cos NYSE Madda Trading Company, Inc Chicago Mercantile Exchange American Exchange YORK Jetronic Ind Stock Exchange Kaisrind LatyRad Waawate Chg LoewThewi Asamera Aegis Corp McCulo Oim Medenco BanstreiiLt BradRa NorCdn Certron Cp Ormand Ind Champ Hom EssexCh Sambos Ryan H Vow Fed Syntex Ys Gearhart Terrac GiantYel Tuftco Goldfield Cp Lia US Filtr Hormelg Wu— Vikoa Inc HouOilm Westats Pil i We Huskyo WyleLab Instrum Sys Leila Sunburst Scottsdale Rd Tues J. Milton Newton, Inc Financial Ter North Central Ave Phoenix Daytona Beach FT Lauderdale Houston Jackson Jacksonville Miami Orlando ST Petersburg Tampa Tucson J. Mitton Newton, Inc Merchants Group Robert F. Maher CNA Black Canyon Highway CNA Insurance Paradise Valley Donald R. Bowen General Motors Desert Proving Ground Mesa Bowen Milford, Mich., Proving Ground GM Technical Center Milford Proving Ground Jerry Edgar Interior Elements 3Rd Street Peter A. lLendrum Associates Architects, Inc Bank of Scottsdale Evin Stack Stack National Association of Business ,Women Scottsdale Business and Professional Women Arizona Bankers’ Association Larry Wilson East Cannon Drive Continental Bank Edgar Scottsdale Daily Progress P.O
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