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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Feb 03, 1975
Page
5
The dollar fell sharply in Frankfurt and Paris marking a sixth straight weekly decline. Gold opened at 176.25 per ounce in Zurich and London with Zurich unchanged from Friday. London dealers added a dollar at the morning price fixing.
Floyd Danielson John J. Dunleavy and George W. Gerung of Scottsdale were among 16 executives completing a month long Motorola Executive Institute course as part of the 38th graduating class. They received diplomas from Motorola and IBM leaders. The institute, located near Tucson, aims to broaden executives and influence managerial attitudes.
A dense churn of financial figures shows the Dow Jones Averages alongside numerous ticker-like entries, variances, percentages, and codes across securities such as Motorola Nabisco NCR Nev Pw NatAirin and others. The page resembles a market table with scattered decimals, percentage values, and elongated alphanumeric strings.
At 2 p.m. New York Stock Exchange quotations show UAL Inc. at .60a and Uniroyal at .70d, United Airlines parent price moves. Other listed issues include UnCarb 2.40, Un Elec 1.28, UnOCal 1.98, Un Pac 2.80, Utd Altcr 2, Utd Brands ., Uncorp .77d, US Gyp 1.60, US Ind .05b.
London gold 176.00 up 0.50, Mar gold 177.00 down 0.70, silver 4.11-7/10 up 0.02, platinum 150.50 up 1.50, copper 0.538 up 0.004, wheat 3.85 up 0.06, corn 0.8330734 down 0.34, soybeans 5.93 down 0.094, live cattle 35.70 up 0.18, live hogs 40.47 up 0.18, pork bellies 66.47 up 3.47, eggs 49.65 up 1.15. Market not yet closed on some items.
Mechanics for British Leyland designed a U.S. market sports car to undercut rivals like Datsun 260Z and Porsche 914. The Triumph TR7, priced at 5100 at port of entry, features a hardtop wedge shape, mid engine look, stylish dash and concealed lamps, with roomy seats and smooth ride. Drawbacks include a noisy four cylinder 90 horsepower engine and limited acceleration. Production near Liverpool aims at about 12000 units this year as a bold experiment by British Leyland.
Valley electronics firms have faced layoffs amid a sagging economy. Robert E. Graham of Career Specialists Arizona, Inc. predicts a 1975 rebound as companies hire specialists to boost productivity. Clients include Texas Instruments, Philco Ford, Honeywell, Mostek, and General Semiconductor Industries.
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