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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Dec 19, 1977
Page
7
AP reports mixed downdrafts and climbs across major issues on the New York Stock Exchange at 1 p.m. with the Dow Jones industrial average around 812.54, transport and utility indices showing declines and varied gains in specific stocks such as Gannett, GenDyn, and Texaco among others.
Readable prices show varied gains and losses across numerous issues. Includes names like Atlas, AutmRad, Bevery, Crutch, Dynicin, FedRes, Hollyp, and Texstr with figures indicating Last and Change values amid a broad NYSE style snapshot.
Today's closing quotations from Lind- Waldock show London gold at 160.00 down .25 per ounce while March coffee at 178.00 down .50 per pound. Other highlights include March cocoa 152.75 down .65, March sugar 9.34 up .03, and March gold at 141.60 down .90. Copper 60.40 up .10, and live cattle 41.60 up .40 per hundredweight. Pork bellies 53.87 up 1.82, and soybeans 6.032 up .03 per bushel with soybean oil 21.05 down .67 per pound. Market not closed.
Arizona stocks list prices on the American Stock Exchange with company names such as APS Newberry Patagonia Del Webb and West Fin. Quotations show high low last and change with over the counter bids and asks for banks and utilities reflecting a mixed trading day in Arizona market activity.
Kenner Products and the toy industry ride a surge as 1977 sales near 5 billion dollars with new bionic lines like The Bionic Mission Vehicle and Bionic Woman sets. Star Wars licensing delays push this line to next year with shipments not ready for the holidays.
Hans A. Pastoor of Scottsdale has been named director of sales for the Scottsdale Hilton after serving as general sales manager since October 1976. He previously led sales at the Los Angeles Hilton and worked at the Scottsdale Hilton from 1973 to 1975 as assistant general manager.
Dr. Raymond D. Pavlovich, 6804 E Second St, is appointed manager of research and development at Engineers Testing Laboratories Inc., Phoenix. He leads basic and applied materials research for two Arizona DOT and FHWA projects and previously managed FHWA materials research. He holds a PhD from Purdue, degrees from Wyoming, and professional licenses in multiple states.
Motorola Inc. won a 676 614 dollar NASA contract to research and produce silicon solar cells for government use. The Phoenix Semiconductor Division and Scottsdale Government Electronics Division will participate, aiming to cut costs under 50 cents per peak watt by 1986 and build 500000 watts annually.
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