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Scottsdale Progress in Scottsdale, Arizona

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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

Scottsdale Progress

Location

Scottsdale, Arizona, United States of America

Date

Aug 06, 1974

Page

6

Minimum price rules and tax-exempt bonds explained

A Q and A column explains fair-trade pricing where state law forbids below-standard prices and warns on dealer agreements. It also covers why borrowing can be advantageous when inflation erodes debt, and defines tax exempt municipal bonds as tax free at federal level, often also state tax free, with lower yields than corporate bonds.

Judith G. Rhoades Copley News Services E.K Joliet Till. A Ilinois M.B Palos Verdes Estates Calif. A

Scottsdale Daily Progress August 6 1974 brief

A condensed Scottsdale Arizona daily record dated Tuesday August 6 1974 presents a snapshot of local news items, community notices and brief updates. The issue captures civic happenings, upcoming events and small items of interest to residents.

Silo Inc Wins National Retailer of the Year Award

Silo Inc the parent of Appliance TV City earned a certificate of distinction in the Appliance TV stores division of the 26th National Retailer of the Year competition. Foundation president H Ford Perine cited outstanding citizenship consumer information and brand name merchandising. Silo ended 1973 with 45 stores nationwide and gross sales near 58 million.

Silo Inc TV City N. Scottsdale Rd Brand Names Foundation H. Ford Perine Foundation Silo

NYSE Closing Quotations Mixed With Wide Stock Listings

A dense NYSE close sheet lists hundreds of stocks with bid ask and daily changes. Companies include Carrier Caterpillar Aetna CBS Coca Cola Exxon Coca Cola P Company and many others across sectors reflecting broad market activity.

Wall Street Charter Outlook Amid Inflation and Rates

Analysts warn inflation may stay high keeping rates up and stocks pressured. Hartford National Bank & Trust signals near bottom for market as inflation and rates possibly peak by year end. Blyth Eastman Dillon notes trucking firms boosted after tax profits in Q2 despite cost inflation.

Trust Division Hartford National Bank & Trust Co Blyth Eastman Dillon

Commodity Closings Update From London and Markets

Closing price quotations courtesy of Fred Schaffer of Bache & Co. Inc show London gold at 154.75 an ounce up 2.75. Aug silver 4.675 up 0.18. Sept platinum 196.20 up 5.20. Sept copper 0.838 up 0.31. Dec wheat 4.69 up 0.14. Sept corn 3.595 up 0.10. Sept soybeans 8.36 up 0.01. Aug live cattle 50.10 up 0.15. Aug live hogs 38.80 up 0.85. Aug fresh eggs 44.50 up 1.75. Nov Maine potatoes 4.70 up 0.05. Dec cotton 53.10 up 0.10. Sept plywood 110.80 down 0.20.

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American Exchange New YorkClose of Selected AMEX Stocks

The American Exchange in New York reports the closing figures for selected stocks. Market activity shows notable gains and losses across blue chips and mid cap listings as investors respond to late-day trading shifts.

Dow Jones closes higher with broad gains

Dow Jones averages rose across sectors with the industrials up 13.38 to 773.78, transports up 1.78 to 159.63, utilities up 0.86 to 68.92, and stocks up 3.65 to 235.16. Trade volume reached 15.77 million shares.

Dow Jones Indus

Wall Street climbs as impeachment sentiment broadens

Stock prices rise on the New York Stock Exchange led by Glamors blue chips and oils with the Dow up 13.38 to 773.78 and the S P 500 at 80.44 as impeachment momentum grows. Trading volume nears 15.5 million shares amid optimism Watergate may end soon with Nixon's disclosure of halting the probe.

New York UPI New York Stock Exchange Standard & Poor

Salt River Indians to receive 13663 grant from federal program

The Salt River Indian Tribe will get 13663 as part of an 817198 grant from the U S Department of Labor to Arizona tribes to aid public service job placement. Labor Secretary Peter Brennan said eligibility requires three consecutive months of 6.5 percent unemployment. The Navajo and several other Arizona tribes share the funds including Papago Fort Apache and Gila River among others.

Salt River Peter Brennan Arizona Papago Fort Apache Gila River Colorado River

First Federal Savings Reaches One Billion in Assets

George E. Leonard chairman reports First Federal Savings assets have reached one billion dollars making the Rocky Mountain region's first savings and loan to attain the milestone. The group operates 32 offices in Arizona and ranked 25th nationally in the American Banker survey of December 1973.

George E. Leonard First Federal Savings First Federal Rocky Mountain Leonard Arizona American Banker” Survey of Savings and Loan Associations

Also Mentioned on This Page

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