This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Dec 20, 1974
Page
5
Selected stocks on the New York Stock Exchange end the day mixed as traders shifted among blue chips and energy plays. Notable movers include Alcoa and Exxon as traders weighed earnings and external factors amid a volatile market.
Advest Co says the US economy faces the worst postwar recession with a low mood in markets and rising unemployment. First National City Bank forecasts inflation will crumble in 1975 before reaccelerating to double digits later in the decade amid competitive pressure and price cutting.
Ed Mahurin reports grain prices ended lower on the week amid weaker export demand and a potential shift in domestic corn use. Soybean oil rose firmly while farmers plan increased 1975 planting. Livestock futures stayed narrow with slight rallies and a bearish pork belly storage near the lower end of expectations. Silver gained to the daily limit on two occasions as investors weigh gold legalization set for December 31, 1974.
London gold 187.50 up 1.00 oz. Feb silver 4.51 down 0.057. platinum 170.50 down 1.50. Copper 54.8c down 0.4. Mar wheat 4.72 up 0.02. Mar corn 3.55 down 0.24. Jan soybeans 7.55 up 0.01. Feb live cattle 41.10 down 0.07. live hogs 44.47 down 0.70. pork bellies 66.82 down 0.90. Jan fresh eggs 54.65c down 0.55. May Maine potatoes 4.20 unchanged. Mar cotton 37.85c up 0.08. plywood 110.10 up 1.50. Mar sugar 42.72c up 0.02. Market not yet closed on some items.
The Dow Jones averages show declines across indices with the Interim Average dropping 4.62 points to 599.81. Transportation down 0.31, Utilities down 0.77, and Stocks down 1.38, as volume runs moderate at about 10.81 million shares.
The Treasury pilots in Georgia and planned Florida phase deposit Social Security and SSI payments straight to banks, aiming to reduce risks and trips to check cashing. Banks expect new depositors. government hopes large savings by shifting to electronic funds transfer by 1976 with broader national rollout by 1979.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.