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Scottsdale Progress in Scottsdale, Arizona

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

Scottsdale Progress

Location

Scottsdale, Arizona, United States of America

Date

Apr 25, 1977

Page

6

Dow Jones 2 p.m. stock averages and NYSE prices update

New York market snapshot shows Dow Jones Industrial 30 at 917.57 down 9.50, Transports 232.28 down 1.31, Utilities 107.17 down 0.80, and broader stock index 306.58 down 2.65 with a long list of individual issues showing varied moves. The report includes late national prices for NYSE listed companies across industries and brands.

New York Dow Jones Indus Comelus Cutcr Dynamo BanthRes Falcons FedRes GiantVel Goldhield Goodrich GilkChy HollyCp Husky Impoia Ncotrm Vr InstrSys Iowa Karstind KnickToy Megoint Mitchle NorCdn Prestey ReschCti Resttsa Va War Associated Press

Retail Price Survey Totals From Scottsdale Listing

A partial inventory list from Scottsdale shows numerous brands and retailers with price percentages. The column figures include percentages and dollar-like values, indicating discounts or margins for items such as Safeway Ryder and Rockwell, with many entries repeating around mid 40s to 60s percent ranges.

Stocks Tumble as Market Quietly Turns on American Exchange

New York AP reports national price listings for American Exchange shares show mixed results with many issues online. Several names display small gains while others slip, reflecting a cautious trading day and modest volatility across sectors.

Commodity Closings From Madda Trading Co

London gold quoted at 148.00 with a 1.75 drop. London May coffee at 3.03 per pound, cocoa at 1.78, sugar 12 in March 78, 0.10 decline. IMM June gold 148.30 down 1.90, April silver 4.752 down 0.82, May copper 0.639 up 0.06. May wheat 2.56 down 0.06, May corn 2.4734 down 0. - May soybeans 10.31 down 0.30, soybean meal 294.00 down 10.00. May soybean oil 30.25 down 0.01. June live cattle 46.15 up 0.65, live hogs 43.07 up 0.67, May pork bellies 61.85 up 1.07, May cotton 0.755 down 0.86.

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International pacts spark debate over economic links

The piece discusses growing international deals from tin cartels to coffee and wheat pacts, noting Bolivia and Malaysia’s entente, a potential U S Canada wheat cartel, OPEC oil price impacts, color TV imports, and fears of protectionism. Economists offer mixed views on whether these trends help or threaten global markets.

Donald C. Bauder Copley OPEC Organization of Petroleum Exporting Countries Bolivia Malaysia Cairo Bob Bergland United States Canada Bergland U.S. International Trade Commission Europe Jeffrey A. Nichols Wall Street Argus Research Corp Ernst Anspach Loeb, Rhoades James Thornblade First National Bank of Boston

Experts split on housing market future

AP report notes a split view on 1977 housing, with Kenneth Thygerson predicting a record high of single family starts while Albert Sindlinger warns of the sharpest one week drop in consumer attitudes since the Arab oil embargo. The outlook remains ambiguous as Carter energy policy looms.

John Cunniff New York Carter Kenneth Thygerson U.S. League of Savings Associations Albert Sindlinger

Business views diverge on American confidence in housing

Thygerson argues Americans will buy and finance single family homes with abundant mortgage money and savings. Sindlinger calls the nation confused, seeing sacrifice and government waste, while Americans invest in homes and big cars as lasting value amid energy and tax concerns.

Thygerson Sindlinger Carter

Stock Market Slips On Inflation Update From Carter Administration

The 2 p.m. Dow Jones average fell 9.5 points to 917.57 after an inflation projection by the Carter administration. Volume on the NYSE reached 13.39 million shares with losers ahead of gainers by about 4 to 1. AMEX indices declined as well with the market value index down 0.74 to 111.01.

NEW York New York Stock Exchange Lsted Tf Nyse American Stock Exchange

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