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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 27, 1976

Page

6

Auto price hikes in 1977 models tilt car costs toward consumers

AP reports that rising costs of basic materials are flowing into 1977-model cars, with GM signaling a 6 percent hike. Dealers face a mixed demand scene as higher prices test consumer willingness to buy new autos, especially with median incomes around 13k–14k and many families still strained by health care, food, and shelter costs.

John Cunniff New York General Motors Thomas ‘Murphy

Mixed Stock Market Pace Follows Economic Signals

The Dow Jones Average rose 2.99 to 963.43 as trading stayed light. The market showed a 4 to 3 edge of losers over gainers on the NYSE amid doubts about Fed credit tightening. Youngstown Steel Door rose to 174, Lamson & Sessions planned a $17 per share buyout, Williams Cos gained to 22, and a Montana oil discovery was reported by a subsidiary.

New York New York Stock Exchange Federal Reserve Youngstown Steel Lamson & Sessions Williams Cos Sheridan County Montana

Commodity Closings Report From Madda Trading Co

London gold at 103.60 down 1.15 per ounce. IMM Sept gold 102.50 down 1.30. Oct silver 4.098 and a half down 0.10. Oct platinum 155.30 down 1.70. Oct copper 68 cents down 0.4. Sept wheat 3.10 down 0.25. Sept corn 2.83 up 0.02. Sept soybeans 6.63 up 0.06. Oct five cattle 41.05 up 0.30. Oct live hogs 38.65 up 0.60. Feb pork bellies 57.90 up 1.30. Sept fresh eggs 64.45 cents up 0.16. May Maine potatoes 7.50 up 0.??. Sept plywood 150.90 up 0.90. Oct re 77.49 cents down 1.41. Sept sugar 9.52 up 0.28.

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Stock market snapshot from The Associated Press 1976

New York AP reports stock prices and percent changes across numerous listed companies from Kaisland to Syntex with varied gains and losses. The table includes numbers for last price high low and percent changes, reflecting a broad market day.

Chauncey named KOOL counsel and other business notes

Chauncey II appointed administrative counsel for KOOL Radio Television Inc. Scottsdale resident Chauncey previously with Gust Rosenfeld Diverbess and Henderson since 1973 and KOOL Television as a news reporter since 1969. Bob Bartlett named to Western regional metro assistance team for the National Alliance of Businessmen. Fay D. Bullock named assistant vice president of mortgage loans at Southwest Savings and Loan Association in Phoenix. Hickory Farms store in Scottsdale Fashion Square to donate 20 cents per pound of Beef Stick sold to Muscular Dystrophy drive. Smitty's No 12 opens with a 1500 case A and W Root Beer display.

Tom Webster Chauncey II Kool Radio-Television, Inc Chauncey Scottsdale Phoenix Gust, Rosenfeld, Diverbess and Henderson Kool Television, Inc Arizona State University Northwestern University Maricopa County Young Lawyers Section Ymca Metropolitan Boards of Directors Arizona Tr. Lawyers Association The Phoenix Press Club Bob Bartlett Phoenix Metro National Alliance of Businessmen Metro Alliance Fay D. Bullock Southwest Savings and Loan Association Bullock Moore-Bullock Mortgage Corp Great Western Bank Newport Business College Newport News Hickory Farms of Ohio Scottsdale Fashion Square Hickory Farms

Also Mentioned on This Page

Dow Jones Madda Trading Company, Inc Chicago Mercantile Exchange American Exchange Otwees Stock Exchange Kaislind Marshal Cat Cculo Asamera Edenco BanishCil Medfield Cp Brascana Tae MichSugar Cachba Newldria ConOil Gas Ark Rs Crutch Nor Oils Dillard St Ozarka Sambos FilyDia Oi Frontier Air Syntex Giant Yel Goldfield Co GiBasin Pet Usfilth Houonm Westais Pil Huskyo WyleLab Impoila Veronics Inc Pinnacle Peak McDowell Mountains Paradise Valley Dick Turner Pinnacle Peak’ Developers East Panoch Peck Road Arizona Scottsdale (Az Progress Kool Smitty Tatum and Shea Boulevards A&w Smitty’s A&w Distributing Co Larry Stewart Ken Sewell Co., Inc Ralph Petersen A&w Distributing Jim PaPota Bartlett Paradise Valley News-Progress
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