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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
NEW York (Ap
NEW York
New York Stock Exchange
AMF Inc
Akiona
AtcanAlu
AliglLud
AlidCt
AlldStr
AlnsChal
Alcod
Amax
AmCan
A Ameipw
AmHosp
Sm Motors
Anair
AmStand
Amtbt
Ampex Corp
Apeco Corp
St ArchDan
Armco
ArmstCk
Va Asarca BO
Se Ashiow
Asddrg
Anrich
BabckWil
Beecha
Bendix
BethSdl
Boeing
BoiseCas
India
Co Corplaa
Antona Inc Eos
American Stock Exchange
Chg
Thor Cp
Kay Corp
SidPrud
AticoMig
PennDix
IdealBa
Borden
BucyEr
Bank Ramo
Es BuriNo
dFe
C—c — Citfin
Flawh
Fordm
Fruehf
Gannett
GenEl
E— GaPacit
Jim Jl
Gerber
Goodrh
Giwnfin
GulfWsin
Halliorin
IntHarv
Viz Mat Valek Corp
KrelCorp
BorWar
A Brunswk
BuddCo
Va Castick
Censow
Scessnair Ib
Chessie
Chrysler
CiesSv
Cooperin
Vo Cowles
CroyHi
Curtis Wr
Delta Air
DillonCo
Dow Ch
Dukep
EastAir Lin
We Echlin
Ye Enserch
Fedders Cp
Fittrol Cp
FstinBn
Ata
Formck
Gtetel
GettyOil
Goodyr
GrGiant
GulfOil
Hercules
Buitesg
Cadence Ind
Champini
ColgPal
Va Comwe
ContAir Lin
ConiTele
CoxBdet
Crown Cork
Deere
Dennys
Disney
Va Dresser
Baskd
ElPaso
Esmark
Exxon
SIM— FairCam
Fednmi
Firesin
Flintkot
WeedFair
Frakinm
Jlla
Freepm
Gafcp
Wa GamSk
Gen Dynamo
GenMills
GaMot
Gtire
Genesco Inc
Gillette
Global
Grace
Giatipac
Gistur
HH — Harris
HarieHk
Heublin
HewliPk
Lowaps
Jewelc
JhnMan
JonnsonJjn
Kellogg
Kennei
KerrMc
Kimbel
KnigtRid
Koppers
Kresger
Kroger
LTV Corp
LearSieg
Lagtstt
LukenSt
LykesCp
M-M— Macke
Macmill
Macy
Madisid
MAPCO
Marainno
Seus
McDaid
McDond
McGrwh
MeadCorp
Melville
Midsat
Mobil
Mohasco
Mondu
Uva
MorNor
Motorola
Niamp
NorflkWn
Norris
Noaphi
Norngs
Northrp Tag
NwstAirl
NwiBne
Norton
NorSim
Oklang
Omark
QuiMar
OwensOng
Owenlll
Poppging
PacGas
PacLig
PacPetr
PacPw
Pactt
Patrkp
Penney
Pennzol
PepsiCo
Pfizer
Phelpd
PhilaEl
PhilMorr
PhillPet
Pitneyb
Psvcol
PSVEG
Pubickr Ind
Pueblo Int
Quaksto
Questor
RCA
Va RalstonPu
ReichCh
Va Revion
Benin
Me” ReynMet
Royccol
Sandrs Asso
Searleg
Sears
Shell Oil
Va Singer Co Tt
SmithKline
SonyCp
Seareg
Sonres
SouRy
Ey i Squard
SiBrand
StOilInd
SOVe+ Ve StauiChm
SunCo
Thiokol
Unitmmm
Usgyps
UnTech
UniTel
Wat
Varian
Vendo Co
Vetco
Vaepw
Warnerl
Wunion
Whirlpol
Whitaker
SS Innebago
Wolwich
la XeroxCp
ZaleCorp
SouPac
Sperryr
Squibb
Stdohici
Texaco
TriCon
UnitCp
Ye Usind
US Steel
Uptonn
Wachova
WasWai 1
E— “ Waairl
WestgEl
Weyerhr
White Met
Whiting
ZenitnRad
The
Associated Press
London
Maine
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.
MENTIONED IN THIS ARTICLE
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