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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Aug 16, 1976
Page
5
American executives aiming for overseas posts face higher costs and stiffer competition. Industry recruiters say United States salaries, benefits, and home-leave perks have diminished in appeal, while Arab and other markets hire locally or at lower pay, reducing U S demand for such assignments.
European managers now staff many U S operations as Americans face higher taxes rising costs and devaluations. Europeans trained in Europe and U S business schools have closed the gap in managerial skills, reducing the American staffing edge and prompting talk of relocating executives home.
New York AP note shows Dow Jones 2 PM levels with Industrials at 994.51 up 4.32 Transports 221.95 down 0.33 Utilities 93.17 up 0.19 and 65 Stocks at 311.06 higher by 0.76. The list lists numerous stock quotations across sectors with bids, highs, lows, and percent changes.
London gold at 113.00 down 25c per oz. MM Sept gold 113.00 down 40c. Aug silver 4.31 2 down 24c. Platinum 158.20 unchanged. Copper 70c down .2c per lb. Wheat 3.25 down 1 4. Corn 2.76 down 1 4. Aug soybeans 6.4 down 6c. Live cattle 38.35 down 47c. Hog 43.40 down 95c. Pork bellies 67.92 down 98c. Fresh eggs 62.25c down .75c. Maine potatoes 7.51 down 5c. Plywood 152.00 up 30c per thousand sq ft. Cotton 80.3 up 1.3c. Sugar 11.17 up 3c per lb.
New York AP market roundup shows varied gains and losses among listed equities. Companies including AegisCorp, Asamera, BrascanA, HormelG, and KinArk Crp display fluctuating last prices and daily changes amid broad activity in American Exchange trading.
US based semiconductor makers report a strong six months with $1.6 billion in sales and $1.9 billion in new orders. Integrated circuits outsold discretes 946 million to 700 million as June shipments topped 321 million. About 67 percent of shipments stayed in the United States.
A Paris based Casino USA plans to open Caf Casino at 1312 N Scottsdale Rd as its first U S venture. The remodeled 16 000 square foot facility will house a restaurant bakery wine shop and gourmet shop with seating for 300. Remodeling costs near 400 000 with chefs trained in France and a layout by Halstead Methods Inc.
The Operation of a Small Business workshop hosted by Phoenix College and the U S SBA will run 8 a m to 3 30 p m in the staff dining room Hannelly Student Center 1202 W Thomas Rd Presentations cover financing advertising insurance forms of ownership taxes and recordkeeping with SBA and college aid programs.
A one day seminar on government contract management for Title XX will be offered this week at Maricopa Technical Community College. Sessions are Wednesday and Saturday from 9 a.m. to 4 p.m. Gordon Relyea, consultant, will conduct the course for social service agency staff new to contracting. Contact Maricopa Tech for details.
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