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This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Dec 10, 1973
Page
4
On the New York Stock Exchange the Dow Jones advanced 6.77 to 844.82 as the day progressed. The S and P index rose 0.58 to 97.09 with 931 gainers and 552 decliners among 1,809 issues, while four hour volume reached 12.59 million shares.
Scottsdale's Old Town merchants elected 10 board members to serve in 1974. Officers will be chosen Jan. 9 at the regular meeting. New members include Bill Blythe Gulliver's Travels Ruth Burns Sugar Bowl Dick Conger All Crafts and Hobby Shop Bruce Lavadhel The Baskethouse Bob Meadows Porter's Western Wear Bill Moore Flagg's Dick Saba Saba's Western Store Art Torgerson First National Bank Ed Turner Lute's Pharmacy and Byron Yoder Filly Frills.
Local business notes from Scottsdale summarize market moves and company updates. The brief highlights a shifting retail landscape and mentions notable firms active in the area without detailing specific transactions.
Hal Berg a Scottsdale insurance salesman will speak at the Friday meeting of the Scottsdale Association of Life Underwriters. Joe Gietzen president notes Berg with Connecticut General Life Insurance Co has offices at 6710 E Camelback Rd. The Safari Hotel hosts the event. Berg ranks as a top salesman with production this year over 8 million and total in force since 1969 above 26 million.
A reader asks how to handle a rude team manager and stay professional. Hal Thorn advises to speak up or treat him as an equal, promoting dignity and potential respect. The second letter discusses merging with a larger company and supports adopting an organization chart and defined roles to fit the new regime.
Readable portions show diverse listings with many large cap names such as Exxon and IBM alongside consumer items like Coca Cola. The page records intraday last prices and changes with numerous bid and ask readings across many sectors.
Selected stocks on the American Stock Exchange report varied prices and figures for numerous companies across energy, mining, oils, and industrials including Petro, Austral Oil, Creole P, Dome Petro, Felmont Oil, Fischer P, and Syntex among others with bid and price indicators in a dense OCR listing. The data shows numerous 1.20 to 39 ranges, multiple fractional quotes, and a broad spread of tickers and values.
The Dow Jones indices show gains at 2 p.m. with 30 Industrials at 844.00 up 5.95, 20 Transport 17649 up 1.85, 15 Utilities 88.29 up 1.31, and 69 Stocks 263.47 up 2.43 as volume reaches 12,590,000 shares.
ABA official reported total bank card credit outstanding reached 5.9 billion, up 300 million from the prior quarter. Retail sales topped 3 billion, cash advances near 4 million, with over 160 million sales slips processed and more than three million cash advances.
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