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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Aug 08, 1977
Page
17
Dow Jones averages show declines with Industrials at 882.19 down 6.50 and Transports at 222.58 down 2.93. The list of NYSE issues records mixed moves with many names listed and percentage changes noted for the noon price, including Gannett, IBM, Texaco, and American firms, as traders monitor market activity.
Closing quotes show London gold at 145.75 up 0.30 with IMM gold 147.30 up 0.10. Coffee London July 2.03 up 0.07. Cocoa 2.15 up 0.05. Sugar 9.5 cents up 0.01. Copper 54.0 cents down 0.07. Wheat 2.254 down 0.02. Corn 1.9544 down 0.47. Soybeans 5.671/2 down 0.12. Soybean oil 71.48 cents down 0.84. Soybean meal 148.30 down 4.20. Live cattle 40.05 up 0.07. Live hogs 42.77 up 0.90. Pork bellies 49.90 up 1.85. Market not closed.
Arizona related stocks list from New York and American stock exchanges provided by Merril Lynch Scottsdale office. The page shows bids, asks, and last prices for APS AzCol Land Be Newberry Patagonia TG&E West Fin Ariz. Bank Valley Nat. Bank Southwest Gas Anheuser Busch Bayless Mkts Gen Semi and other regional listings with price moves and unchg indicators.
Carol MacIntyre named manager of the Scottsdale Chamber of Commerce Visitor department. A Richford Vermont native and University of Vermont graduate, she prevously led sales at Pointe West Resort and Hometess of America. She will represent Scottsdale at trade shows nationwide.
Sally Vales named officer and branch manager of Bank of Scottsdale Sundown Plaza at Scottsdale Road and Shea Boulevard. Wichita native, Wichita State University graduate in business administration, has eight years bank experience in the Valley.
NEW YORK AP. Fears of higher short term rates weighed on stocks as the Dow Jones industrial average fell to 882.19 by 2 PM, with more losers than gainers and only 10.55 million shares traded. Analysts expect Fed tightening and brokers warn of slower business expansion and cash shifting to Treasuries. The Dow hit 19 month lows earlier in the week before a token rebound.
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