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Scottsdale Progress in Scottsdale, Arizona

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Newspaper

Scottsdale Progress

Location

Scottsdale, Arizona, United States of America

Date

Aug 26, 1975

Page

5

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.

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.

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.

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.

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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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.

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.

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.

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.

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.

Scottsdale Chamber of Commerce

Also Mentioned on This Page

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
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