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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Dec 04, 1973
Page
4
In Hal Thorn’s column a son-in-law faces prejudice from his father over religion, with advice to seek work elsewhere. A secretary pair dispute office rules on talking, and Irv counsels Brenda to follow orders and quit if necessary.
The Scottsdale Daily Progress reports business updates for December 4 detailing local commerce activity, market notes, and small business developments affecting the Phoenix suburb.
New York stocks rose in a mixed, active session after a midsession decline. By 2:30 p.m. the Dow Jones average stood at 812.16, up 5.64 points, as bargain buying among blue chips helped offset earlier losses and recoup part of the day’s drop.
Ronald M. Simons and Phillip S. Lasiter, both Scottsdale residents, are among 75 apprentices honored during Arizona Apprenticeship Week proclaimed by Gov. Jack Williams. They will receive gubernatorial certificates at a ceremony Saturday at 8 p.m. in the Tucson Community Center.
Gregory L. Moats of the American Plywood Association told an Arizona State University audience that despite federal controls on harvesting and a fuel shortage, timber output should satisfy construction demand at least into spring. He warned against strict limits and defended clear-cutting as a driver of forest renewal and supply through tree farming and research into a "super-tree" hybrid.
NYSE users see varied price moves across sectors with AcmeM in focus and AmCan rising. Major names like Boeing, CocaCola, General Electric, Pfizer, and Exxon appear with mixed gains and losses amid mid day trading.
A scanned listing from the American Stock Exchange shows selected stocks with columns for sales, net, price, high, low, and last. Companies include Austral Oil Brascan Circle K FordC Technicolor and others with bid-ask figures and percent changes.
At 2 p.m. the Dow Jones industrial average stood at 810.21, up 3.69 points. The transport average was 170.88, down 1.24, utilities 85.95, down 0.45, and the stock average 253.95, up 0.03 as volume reached 13.64 million shares.
A man sued after a burglar toppled onto his car during a break in and caused $180 in damage. The insurance company denied collision coverage, but a court ruled the incident fit the definition of collision as objects in motion striking another object. The article notes various cases and limits of collision coverage. Written by Will Bernard for ABA and Arizona Bar.
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