Optimistic Analysts See Modest Mid August Auto Sales
Auto sales for mid August fell 6.2 percent from 1974, yet analysts call the period solid. Ford posted a 1 percent gain due to dealer incentives while Chrysler and GM saw declines. Year to date, sales total 4.16 million, down about 17 percent from 1974.
MENTIONED IN THIS ARTICLE
Detroit
Chrysler Corp
General Motors Corp
Ford Motor Co
Mack Worden
Chrysler
American Motors Corp
Feedgrain forecast cut as USDA adjusts 1975 76 demand
The USDA Outlook and Situation Board again lowers domestic feedgrain use for 1975 76 amid market volatility from Soviet grain purchases. End of season stocks projections drop to 621 721 million bushels, with Oct 1 1976 carryover seen at 600 700 million.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Soviet Union
Ence
USDA
Dow Jones 2 P.M. Averages on NYSE
The New York Stock Exchange reports 2 p.m. quotings with Dow Jones averages led by the 30 Industrials at 804.83 down 7.51, 20 Transportation at 153.15 down 2.09, 15 Utilities at 77.23 and 65 Stocks at 242.74 down 2.17.
MENTIONED IN THIS ARTICLE
NEW York
Oil imports rise as trade surplus narrows in July
The Commerce Department reports a 52 percent leap in oil imports in July reducing the trade surplus to 977.1 million dollars. Overall imports rose 13.7 percent while exports gained 2.2 percent, keeping a surplus for the sixth straight month and outlining a rebound in the U.S. economy despite higher oil demand.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
U.S
Commodity closing prices and changes in various markets
London gold at 161.75 unchanged and IMM Sept gold 161.80 down 40 cents. Silver 4.722 down 18 cents per ounce. Oct platinum 172.20 down 3.807. Sept copper 60.2 cents down 1.0 cent. Sept wheat 4.202 down 20 cents per bushel. Sept corn 3.16 down 9.44 per bushel. Sept soybeans 5.951 down 20 cents per bushel. Oct live cattle 45.42 unchanged. Oct live hogs 55.10 up 3 cents per cwt. Feb pork bellies 86.32 down 93 cents per cwt. Sept fresh eggs 5.515 up 0.9 cent per dozen. May Maine potatoes 14.28 down 50 cents per cwt. Sept plywood 123.70 down 1.40 per sq ft. Dec cotton 52.76 down 0.43 cent per lb. Oct sugar 0.99 down 0.99 cent per lb.
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NEW York
New York Stock Exchange
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AlcanAju
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AMP Inc
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Asarco
Balge
Bausch L
Beech A
Waily
Bendix
Boeng
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Borden
BorWar
Brunswk
Va BucyErie
BuddCo
Bulovaw
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Burlind
CastiCk
CBS
Censow
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Chessie
Chris Craft
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Clarke
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Gannett
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London
Maine
Honeywell appoints Templeton as director of engineering
L N Templeton Jr of Paradise Valley was named director of engineering for Honeywell's process control division. He previously led digital systems for the Fort Washington sister division and holds a Lehigh University industrial engineering degree and a Penn electrical engineering master's.
MENTIONED IN THIS ARTICLE
L.N. Templeton Jr
Paradise Valley
Honeywell
Templeton
Digital Systems
Fort Washington
Lehigh University
University of Pennsylvania
Trading in options gains in popularity
The article notes options trading grows among the public beyond the Chicago Board Options Exchange. Buyers pay small sums to secure the right to purchase stocks like General Motors at set prices, with profits possible if the stock moves favorably before expiration.
MENTIONED IN THIS ARTICLE
Copley News
Chicago Board Options Exchange
CBOE
General Motors
David J. Valle
Dean Witter
Disney
Polaroid
City July tax receipts rise led by dealers and stores
City finance director Chad Cowley said July sales tax receipts topped July 1974 by 20 342 dollars or 5 08. Increases came from car dealers 14 89 food stores 16 18 and other taxable activity 50 53 with utilities up 127 due mainly to late returns from a single utility in 1974 August receipts.
MENTIONED IN THIS ARTICLE
Chad Cowley
Cowley
Auto rules err executive says
INDIANAPOLIS CNS Bill Benton Ford vice president and Ford Division general manager in Dearborn argues against tax schemes and Muskie’s two cars plan. He defends consumer choice, saying big families and salespeople need larger cars and government should not dictate car models.
MENTIONED IN THIS ARTICLE
Indianapolis
CNS
Bill Benton
Indy 500 Speedway
U.S
Dearborn
Mich
Bill
William P. Benton
Ford Motor Co
Ford Division
Congress
Benton
Sen
Edmund Muskie
D-Maine
Muskie
Scottsdale Chamber sponsors third open enrollment health program
The Scottsdale Chamber of Commerce announces its third open enrollment group health and accident insurance program through September 15. Members up to age 59 qualify for coverage without health history evidence, with member agents available to explain the plan. call 264-5002 for details.
MENTIONED IN THIS ARTICLE
Scottsdale Chamber of Commerce
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Dow Jones
Madda Trading Company, Inc
Scottsdale
Chicago Mercantile Exchange
Stevenson
al Gustave
Creative Designs Studio
Phoenix
American Society of Interior Designers
ASID
Gustave
Alden Stevenson
Siemens Components Group
Motorola Semiconductor Products Division
John Kraetz
Mountain Bell
Kraetz
Bisbee
J.T. Birt
Varityper
Addressograph Multigraph Corporation
National Training Center
Schaumburg, Ill
Birt
Norman Allard
Stanley Drapery Hardware
Allard
Federal Deposit Insurance Corp
FDIC
Frank Wille
Durango
Colo
Racquet & Swim Club
Cicleman Tein
Hughes-Calihan Corporation
North
16Th ST
Fountain Hills
Sun City