Arizona economy seen up more in 1975 despite national slump
Valley National Bank economists say Arizona will see slow yet steady growth in 1975 driven by diversified income sources and a favorable business climate. Personal income should rise from 10.57 to 11.52 billion, jobs up about 30,000, manufacturing near current levels, copper production up with stable dollar value, and tourism rebounding.
MENTIONED IN THIS ARTICLE
Arizona
Arizona Progress
Valley National Bank
VNB
Valley Bank
Progress
Joe Charnesky
Prudential Forecast Sees 1975 Recession Bottoming Spring
Prudential Insurance predicts the 1974 75 recession will not abate until spring with modest upswing in late 1975 and no full year growth. Unemployment near seven percent and inflation rising nine percent year to year. GNP should rise to 1 525 trillion from 1 398 trillion in 1974.
MENTIONED IN THIS ARTICLE
Newark
N.J
Prudential Insurance Co
Prudential
J. Robert Ferrari
James L. Essig
Local system firm to improve bank check processing
The Institute of Systems Development in Scottsdale completes a project for the Bank Administration Institute to evaluate reading magnetic characters on checks. The goal is to reduce exception items that disrupt high speed check processing and raise future costs. ISDI president Ony A. Miller notes the project will help banks cut processing expenses.
MENTIONED IN THIS ARTICLE
Institute of Systems Development, Inc
Scottsdale
ISDI
Bank Administration Institute
Technical Banking Association
Ony A. Miller
Miller
Krueger to Buy Ambassador College Press Assets
W A Krueger Co of Scottsdale has executed a letter of intent to purchase the manufacturing assets of Ambassador College Press in Pasadena California. The deal is subject to board approval and a formal purchase agreement. Krueger plans to continue Ambassador operations at its current location and fulfill the college printing needs. Krueger, based at 7401 E Helm Drive, operates magazines and books plants in Phoenix Wisconsin Arkansas Mississippi Massachusetts and England. Products include Arizona Highways and the Time-Life Wilderness Series.
MENTIONED IN THIS ARTICLE
W.A. Krueger Co
Scottsdale
Ambassador College Press
Pasadena
Calif
Krueger
Robert C. Matthews
Krueger’s
Matthews
Ambassador
E. Helm Drive
Phoenix
Wisconsin
Arkansas
Mississippi
Massachusetts
England
Wall Street Chatter Wall Street Chatter New York
UPI reports cautious optimism for year end trading as tax selling eases and technicals improve. Firms like E F Hutton and Comparative Market Indicators predict a stronger finish and an up move by January with advice to traders to buy strong stocks and use stops. Merrill Lynch notes pressure may peak this quarter before broader recovery.
MENTIONED IN THIS ARTICLE
New York
UPI
E. F. Hutton & Co
Bellevue
Wash
Merrill Lynch
Pierce Fenner & Smith
Unclear Stock Listing From Scottsdale Daily Progress
A scanned 1974 page fragment lists numerous company tickers and percentages, resembling a market column. The readable items include Goodyear and Heinz among others with varied percentage figures, but full context and exact items are fragmented.
Commodity Closings From Madda Trading Report
London gold down 5.00 the IMM Jan gold at 782.80 down 7.70. Silver Feb at 4.42 down 0.20. Platinum Mar 159.50 down 9.00. Copper Mar 53.5c down 2.3. Wheat Mar 4.58 a bushel up 0.14. Corn Mar 3.41 up 0.32. Soybeans Jan 6.96 up 0.12. Live cattle Feb 39.57 up 0.42. Live hogs Feb 41.90 up 1.23. Pork bellies Feb 61.90 up 0.81. Eggs Jan 59.15c down 0.01. Maine potatoes May 4.35 down 0.05. Cotton Mar 34.85 down 0.09. Plywood Mar 109.80 up 1.20. Sugar Mar 47.2 up 0.48. Market not yet closed on some items.
MENTIONED IN THIS ARTICLE
G Tire
Ga Pac
Gerber Pd
Getty
Gillette
Global Mar
Goodric
Goodyr
Grace
Grn Gia
Gulfstuv
Gulf&aWs
HamPa
Harrahs
Harrisc
HeclaMin
Heinz H
Hercules
Hershey
Heublin
Hewitt P 2020
Hilton Ht
Wat
Hobart C
Hoff
Homstake Oe
Imperial Cp
INA
Inexco
inspCop
Vwbm Corp
T&t
ttekCorprin
Patil Sveyanizen
JeffPiot
Tvs
Studew
Owen CF
Owen Ill
Teledyne
Eae Teneco
PacPetri
iWa
WWA
Pc T&t
Penn
PennDix
Timlin
TraneCo
Pilzer
Transam
TranUn
PhilaEl
PhilipMo
TriCon
Pillsbry
Pitney
Proc&g
Utd Brands
Vie— Ve Pulman
Va UnCorp
PurexCp
TMYa+ Ve US
Rapid Am
Svat Va US Steel
Raython
Mrca Corp
Unite
Va qReading Co Wa
Ye Univsoh
Wat & Repsit
Dt Revion
Utah
Vetco
Ve Rockwell
Royal CC
WarLam
Ve Royld
Sander Asso
Vo Westh
Sang Els
Va Weyrhas
Schering
Schlumb
Sears
Whittake Cps
Wickes Cp
Sierra Pc
Swat Va WinnDx
SigniCo
ZateCor' ST
Smithkline
SteiiOrg
London
Maine
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Corp
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Daily Progress
Occld
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Ohio
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McLean
Mead C
Merck
MerrilLy
GM Inc
Midsowu
William Holden
P.O.W
Mr. Holden
Sunset Boulevard
Toko-Ri
Bridge On the River Kwai
U. S
Bonus Inc
Lincoln
Thrift
Papago Plaza
E. McDowell Rd
Scottsdale Road
North Central Ave
Sunnyslope
Maryvale
Casa Grande
Chandler
Tempe
Mesa
Glendale
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WWE
Kaiserin
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Waad Cp
Madda Trading Company Inc
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Rome
Hughes-Calihan Corporation
North 16Th ST