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Scottsdale Progress in Scottsdale, Arizona

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Newspaper

Scottsdale Progress

Location

Scottsdale, Arizona, United States of America

Date

Feb 13, 1976

Page

6

Wall Street Quotes Packaged In A Glimpse Of Pac Brands

NYSE close data shows PacGas PacSlig PacPetri PacPw PacTT stocks with varied 1 to 2 percent shifts and several midweek percentage readings. Major names like PanAm Air Penn Cent Pfizer and PepsiCo appear with mixed gains and losses amid fluctuating volumes.

American Exchange Noon Prices Report

The American Stock Exchange released its selected noon prices. The report lists prices for listed securities as of midday trading with the latest figures available this session.

NEW York American Stock Exchange

Commodity Closings From London and Futures Markets

London gold at 130.75 down 0.25. IMM Mar gold 130.40 up 0.40. Feb silver 4.0970 up 0.70. Apr platinum 137.30 down 1.20. Mar copper 0.563 down 0.50. Mar wheat 3.825 down 0.50. Mar corn 2.69 down 0.20. Mar soybeans 4.6044 down 0.40. Feb live cattle 39.62 up 0.37. Feb live hogs 48.67 down 0.68. Feb pork bellies 70.32 down 0.38. Mar fresh eggs 0.547 down 1.45. May Maine potatoes 15.85 down 0.50. Mar plywood 163.20 up 3.60. Mar cotton 0.5954 down 0.17. Mar sugar 0.1364 up 0.21. Market not closed on above items. Courtesy of Madda Trading Company.

PacGas PacSlig PacPetri PacPw PanAm Air Panep Pasco Penn PenDix Penney PaPwtt Pennzol PepsiCo VA Pfizer Phelpo PhilaEl PhilMorr PhillPet Pitney B Wat Vo Sim Questor OK Ted R — Ralston Pu Rancom Rapid Am Raytheon RCA Et vjReady Co Wu ReichCh RestvOil SanFelni SCM Cp Va Upiohn Tek Corp New York Dow Jewelc Seabcl Varian dhnMan Wat Va Sears Wy Vetco JonLogn SheltOil Indus Jostens Ib Va Wachova KaisrAl Singer SmithKline WasWat Kangel Sony Corp Kellogg SouthCo WestgEt Kennet Weyerhr Kerr McGee WhelFr Stock Exchange Kimbel Whirlpot Koppers Sperry R Kraftco Whittaker WillmsCal Kroger Stevens J ZenithRad Arizona Levitz Furn Associated Press AicanAly Tektronx Teledyn Telex Cp LaPacif Tennco AMBAC LTV Corp LykesYng Va AmBadest Texsgif AmCan Macke Macmill Macy Textron AmEtPw Timlin Wa Anaig Marcor Todd Shipyd Va AmStand Amt&t AMP Inc Ampex Corp Donalds Ancrh S da MeadCp UAL Inc Apeco Corp Melvie Sh UMC Ind ArchDan Merck Armco Unocal Asarco UnitCo Atlas Corp Avco Corp Ve Monasco Va Avnetinc UnTech Mor Nor Motorola Bell How Bendix BenfiCp Kin Ark n + Ve Benguet NatGyp LafyRad BethSt Natind Ava LaMaur Va Blockhr Nat Semion LoewThewt Aim Boeing Boise Cas Aegis Cor Borden Marshal Ind BorWar Asamera McCulo NewPw Banstreil Medenco Barnes Eng Milgo Elect BradRa Idria BucyEr NL Ind Brascan A BuddCo Ozark Air Dixilyn PanOcean O Cadence Ind Northrop Cp Permaner NwstAir EarthResal Phoenix Norton NorSim CarrCp CartWall CastiCk Frontier Air Syntex Caterptra Va Gearhart Wet Va Goldfield Cp Tuftco Censow Otis Ely HoustOil QutMar Huskyo Cessna Air VO OwenCn Va ImpOil A Valspar Champini Qwentil Instrum Sys Vikoa Inc Chasem Westats Ptl Chessie ITI Corp J WyleLab Chipneyt Mla Jetronic Ind Ava Sat Veranics Inc Chris Craft Juniper Pet Zimmi Hom Chrysler Hal Kaisrind Citicorp Clarke CocaCol Curtis Mn Dartind Deere DelMon DeltaAir Dennys DetEdis DiamSh DittonCo Disney Peppr DowCh Dresser Dukep duPont EastAir Lin da Eaton ElPaso Lala EltraCp EmerEl Enserch Esmark Krol Etnys Exxon ROE FairGam Geneseo Inc Gerber Gertyo Gillette Bate Global Mar Goodrh Goodyr Gouldin Gianpac Léte Grumm Eo Gustar Hallibin Harris Deroutes Vasa Heublin Hewlick Hoernw Ty Hoff Elcirn Hongwil Houshf Houst John Nick London Imm Maine

Firms short of capital excuses and debate

Copley News Service reports economists blame four decades of Keynesian policy and anti business taxes for a wide capital shortage. Analysts cite misallocation in airlines REITs condominiums and mismanaged firms. They also point to a failed 1960s new issues market inflating hot offerings for insiders and harming equity capital.

Donald C. Bauder Copley Henry Kaufman Wall Street Salomon Bros Kaufman Penn Centrals W.T. Grants Ad Nauseum

Friedman attacks savings bonds as a ripoff

In Pittsburgh Milton Friedman argues that U S savings bonds fail to outpace inflation and tax the true return. He cites current yields and compares them with bank and certificate rates while noting buyers are tied to government policy. George Stinson defends bonds as a stable national savings vehicle. A Pittsburgh counselor calls yields insufficient for collateral but deems bonds very safe backed by the government.

Pittsburgh America U.S Milton Friedman Friedman University of Chicago Securities and Exchange Commission Chicago George Stinson Stinson

Also Mentioned on This Page

New York Stock Exchange American Exchange Valley Vista Rd Arcadia Sanna Osgood Madda Trading Company, Inc Scottsdale Chicago Mercantile Exchange Custom Home Franciscan West Development CO Lakes Tempe Paradise Valley Wyoming Wyomen Wyo-Ben Products, Inc Billings Montana Roger Brinner Data Resources Lexington Mass National Steel Mohave Hualatai Colorado River Hualatai Mountain Park BEN Brooks & Associates Quality Inn South S. 7Th St West W. Thomas Rd
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