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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Apr 13, 1976
Page
6
The AP reports at 2 p.m. on the New York Stock Exchange the latest quotations and Dow Jones averages listing numerous stocks and figures. The data include prices for major companies across industries and indices, reflecting a broad market snapshot of that trading session.
The 2 p.m. Dow rose 2.99 to 974.26 as leaders show a modest gain in a light, cautious trading day. IBM and Merrill Lynch lagged after reporting first quarter earnings, while the NYSE composite slipped slightly and the AMEX market value index fell.
London gold 128.25 up 1.25, IMM June 128.30 unchanged, Apr silver 4.40 down 0.02, Apr platinum 151.80 up 1.10, May copper 0.493 down 0.009, May wheat 3.45 down 0.03, May corn 2.44 down 0.01, May soybeans 4.63 down 0.05, Apr live cattle 44.82 unchanged, Apr live hogs 49.45 down 0.75, May pork bellies 78.00 down 1.75, May eggs 0.424 down 0.0015, May Maine potatoes 10.70 down 0.03, May plywood 163.20 up 0.40, May cotton 0.596 down 0.003, May sugar 0.1391 up 0.00. Market not closed on above items.
A reader asks if their new principal residence qualifies for the 5 percent 1975 credit and learns the conditions. Additional Qs cover sick pay exclusion, gift tax returns, and deductibility of losses on personal residence sales with references to IRS Publications 522 448 and 544 for details.
The Salt River Project names Kidder, Peabody as senior manager for a $100 million negotiated municipal revenue bond sale with co managers First Boston, Bache Halsey Stuart, Goldman Sachs, and Merrill Lynch. Proceeds finance SRP electric facility projects over five years.
Mineral firms Nature Arts Co of Scottsdale and Desert Creations of Glendale merge and operate under Nature Arts. Roy C. Evans becomes sales manager, Sherwin N. Berger remains owner and GM. The firm at 7136 Stetson Drive has moved from Forest Hills, NY to Arizona and plans a wholesale division for rough lapidary materials and Indian jewelry stones.
Top managers and professionals will gather April 21 to 23 at Arizona State University for the Advanced MBO seminar. The Center for Executive Development aims to expand MBO into total organization development with participants sharing forms and policy statements. Enroll by calling the center. fees total 185 dollars for the three days.
Arizona State University under Dr Lohnie J Boggs will serve as an examination center for the 1976 Certified Professional Secretarial test scheduled May 3 and 4. More than 200 centers nationwide will host about 4500 secretaries taking the two day exam. To date 8713 have earned the CPS designation after passing the multi segment test covering business policy economics management financial analysis communications and office procedures. Applications for the 1977 exam are being accepted by the Institute for Certified Secretaries in Kansas City Missouri.
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