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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Feb 11, 1977
Page
5
The AP reports noon national prices for NYSE issues with numerous issues showing gains and losses. Key names include AirProd, Amex, Boeing, CocaCola, JPMorgan, CocaCola, Pfizer, General Electric, and United Airlines among others, with varied highs lows and last prices reflecting a volatile session across industries.
New York stocks fell from Thursday's rise with the Dow dropping 4.16 to 933.76 by midafternoon. Kodak and International Paper led losses as analysts cut earnings prospects and airline shares faced price-cut competition. NYSE composite eased to 54.69 while AMEX value index declined to 112.25.
Henry A Kissinger will publish memoirs with Little, Brown and Co. The volume covers momentous events in United States history. A contract was signed, with speculation about earnings possibly reaching $2 million. Thornhill confirmed completion aims for fall 1979.
Market closes show London gold at 135.00 down 0.50, Mar gold at 136.50 up 0.30, and copper at 64.10c down 0.20. Wheat 2.774 per bushel down 0.75, corn 2.55 down 0.14, soybeans 7.344 down 0.02, meal 210.70 down 0.70, oil 23.04c down 0.13. Live cattle 38.42 down 0.50, Apr cattle 39.20 down 0.20, hogs 36.52 down 0.38, lumber 167.30 down 1.60, cotton 277.0 down 2.10, sugar 8.75 unchanged. Market not closed.
Ruth Hlidek named national corporate sales manager for the new 323 room Scottsdale Registry Resort opening November 1. Adam Byrd, VP, says her duties cover national regional and local accounts plus airline and conference markets. Hlidek brings a decade in corporate marketing and previously led Camelback Inn sales.
Philip T. Baker of Scottsdale has been named to the Roadrunners Club by Honeywell's Process Control Divisions in Phoenix and Fort Washington, Pa. Membership is limited to outstanding sales representatives and Baker and other top reps were guests of Honeywell management at Boca Raton, Florida. Baker works from the Fort Washington division's office at 3864 N. 27th Ave. Mrs. John Marshall of 8562 E. Thornwood Drive won a $50 gift certificate in a Miller Plaza Merchants' Association promotion tied to a coupon ad in the Parada del Sol supplement.
Leaders of labor and scholars converge at Arizona State University March 4 and 5 for a Southwest Labor Studies Conference. Speakers include Sen. Dennis DeConcini and labor leader Jerry Wurf. Prof. Herbert Gutman of CUNY will discuss labor history. Wurf addresses “Labor and the Public Employee” at noon March 4 in the Memorial Union Arizona Room. DeConcini speaks at 7:30 p.m. March 4. Gutman presents “New Directions in Labor History” at noon March 5 in the Memorial Union Ballroom.
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