Fewer big models AMC trims production for small cars
AMC plans cutbacks on large Ambassador and Matador lines by 60 units daily at Kenosha and Milwaukee plants to free parts for compact Hornet and subcompact Gremlin. About 200 workers will be laid off temporarily, with recalls when small car output rises. Roy D. Chapin Jr. cites supplier part shortages amid fuel crisis as main limiter.
MENTIONED IN THIS ARTICLE
Detroit
UPI
American Motors Corp
AMC
Kenosha
Milwaukee
Wis
Roy D. Chapin Jr
Chapin
U.S
AME
Wall Street Chatter on Oil, Trade and Markets for 1974
UPI reports analysts foresee easier Arab oil cuts aiding Western markets and a gradual extension of commitments as 1974 begins. US trade surplus may improve despite a 1973 peak, exports rising while imports fall, with dollar weakness fading and gold prospects shifting as forecasts hinge on energy and currency trends.
MENTIONED IN THIS ARTICLE
New York
UPI
Europe
Japan
Standard &Poor’s Corp
U.S
First National City Bank
New York Stock Exchange Quotations Snapshot
Readable columns show select NYSE stocks with price moves, last sales and percent changes for many firms across sectors. Notable entries include Admiral, Aetna Life, Alcoa, American Airlines, Amex, AT&T, IBM, Exxon, Pfizer, Coca Cola, General Electric, and United Airlines among others.
Dow Jones Averages Climb At 2 P.M. Trading
At 2 p.m. Dow Jones indices show gains with the Industrial average at 870.69 up 15.37, Transport 201.91 up 3.71, Utilities 93.33 up 2.10, and Stocks at 280.15 up 1D 22 volume. Trading activity covers 18,130,000 shares as market news circulates.
MENTIONED IN THIS ARTICLE
Esmark
EthylCorp
Excello
Exxon
Faberge
Farah
LearSieg
Gannett
GoMot
Ga Steel Ind
Gerber
Getty
Gillette
Global
Goodric
GoodyrTir
Wa Gla&p
GiWsFin
Gt West UN
Gin Giant
Greyhd
Grumn
Gulf of
GuitaWs
HamPap
Harris
HeelaMn
Heinz H
Hercules
Hershy
Heublein
Hewitt P
Hilton Hiltz
Ye Hobart M
Hoernz
Homestic 1A
Idaho
InHlarv
Intl Mining
INKL
T&t
Watetek Corprin
Jantzen
Shell Oil
Texquis
Thriftyd
Wa Fimka
Transam
UnCorp
Bae Sy US Steel
UniTel
UnivOil
Utah
India
Varian
Victor CC
Walgreen
Wstn Air
WsBanc
Wunion
White Motor
Whittakr Cp
Wickes Cp
Ms Xerox
ZaleCorp
Zayre Corp
Va Zenithr
Zurn Ind
Dow Jones
Indus
American Exchange Stock Ticker Snapshot From New York
Selected stocks on the American Pak Exchange show mixed moves with Petro and several energy and utility names listed. The page provides bid and last prices, percent changes, and daily swings across a broad mix of issuers including gas, oil, and industrials.
Stocks Jump on Fed Margin Cut and Middle East News
New York stocks rallied as the Federal Reserve cut stock margin requirements and positive Middle East news buoyed futures. The Dow rose about 17.5 points to 872.85 near 2:30 p.m. while the S&P 500 gained to 99.40 with broad advances. Volume surged with 18.13 million shares traded. Chase Manhattan Bank lowered its prime rate by four percentage points to 9.34 percent. The American Exchange saw strong trading as prices rallied.
MENTIONED IN THIS ARTICLE
New York
API
American Pak Exchange
Petro
Arklag
Bultes
Wat Circle K
Crw CP
Thdixlyn Corp
Dome Petro
Felmont
McCullch
Eccles
Res
Souridtp
Ye Statham Ins
Dvat
UPI
Federal Reserve
Middle East
New York Stock Exchange
Standard & Poor
Chase Manhattan Bank of New York
American Exchange
Fed Cuts Margin Requirement To 50 Percent
The Federal Reserve Board lowers margin buying to 50 percent from 65 percent effective today. The action targets margin accounts, benefiting about 690,000 investors who trade on credit, while most outright buyers are unaffected.
MENTIONED IN THIS ARTICLE
Washington
UPI
Federal Reserve Board
Business Briefs Highlight Scottsdale Executives Moves
Scottsdale area professionals added to agency and corporate roles. Chet Maxwell joins Barnes Associates in Phoenix as creative director bringing 25 years of ad experience and multiple Clios. T J Maureau III appointed executive vice president of The Baca Grande Corp with sales and marketing duties. Jerry V Clark named manager of Scottsdale-Thomas Road bank office replacing Hill. Bud Coopersmith named production department manager at EPIC. Greg Warthen to Tucson branch as mortgage loan manager. Dan Mercer to replace him. First Federal expands Tucson with Hinz as branch manager and Rice promoted to regional VP. Valley group elections at American Society for Training and Development. New York Life agents listed for Scottsdale office sales force.
MENTIONED IN THIS ARTICLE
Scottsdale
Barnes Associates, Inc
Phoenix
Chet “Maxwell
E. Osborn
Ogilvy & Mather, Inc
New York City
T. J. Maureau III
Baca Grande Corporation
Larry W. Mobley
Arizona-Colorado Land and Cattle Company
Natural Resources
Maureau
Baca Grande Angel Fire Corporation
Baca Grande-Angel Fire
Colfax County
N.M
Jerry V. Clark
Arizona’ Bank
East Indian School Road
Scottsdale-Thomas Road
G. Clarke Ean
Lark
Jack Hill
Clark
Bank
Sixtve
B. D
Bud) Coopersmith
Essential Protection Inter- Insurance — Co
EPIC
Thomas N. Trotter
Coopersmith
Greg Warthen
First Federal Savings
44Th Street
Camelback
Tucson
Dan Mercer
First Federal
Bill Hinz
Valley National Bank of Arizona Names New VP
Ray L. Valour of Scottsdale was elected as vice president and named manager of the bank’s Business Systems Division. He joined Valley Bank in 1968 as a sales representative, became business systems officer in 1969, and advanced through roles to marketing manager by 1973.
MENTIONED IN THIS ARTICLE
Richard N. Sheets
Motorola,Inc. - Semiconductor
Valley of the Sun
American Society For Training and Development
Joyce M . Parker
State Compensation Fund
Kenneth E. Rapp
Honeywell Information Systems, Inc
Violet M. Roberts
Valley ‘National Bank
Carol A. Stoufer
Valley National Bank
Valley National Bank of Arizona
Ray L. Valour
Scottsdale
Valour
Valley Bank
Business Systems
Also Mentioned on This Page
Wall Street
E. F. Hutton
Blyth Eastman Dillion &Co
P.eest
Admiral Cp
Aetna Life
Pant Va Alcoa
Am Airlines
Amer
Am. Stud
Ammt&t
Ampex Cp
Assoc Trans
Richild
Atlas Corp
Avco Corp
Bangor
Bath Ind
Bendix
Benguet Inc
BethSt
Boeing
Va Boise Cas
Borden
Borg’w
Bost Ed
Wat Ve Bourns Inc
Braniff Int
Briggs S
CerroCorp
Gerth
Aeean
ChaseMan
Chessie
Chris Craft
We Chrysir
Colgate
Col Gas
ComSolv
Conti Air Ln
ContiOil
Bret Contrel
Cox
Crane Co
DanRivr
Dayco
Vo Deere
Dennisn
Diebold
Disney W
Eit Dresser
Duke P
Ve ‘DuPont
Dugne L
Bi Ae
Ma Easco Co
Eastern Air
Eipaso NG
EstraCp
Jeff Pilot
Johnbi
Kennecot
Kerr Mc
Kidde W
Kim Cl
Knight
I Kopper
Kraftco
Pat Ralston
Raython
RCA
gReading Co
Revion
Rey Ind
Dpeiana
Ye Robshaw
JROIS
RochGs
Sss
Saftewy
Schering
Ie Sears
LTV Corp
SouthCo
MacMi
Sp Rand
Marter
Ohio
MayerOs
McCroy
McGr
Ee Tn
Tandy Corps
McGrai
Ya Teledyne
McLean
Mead Cp
Texaco
Merck
MGM
Mohsco
Monsanto
Va Morrsk
Motorola
MtStTel
MurpCo
Nabisco
NatAir
NorfolkWs
Nonigs
NortPw
NwBan
NortonSi
Oklang
PacPetrl
PacPwr
Vo Pe T&t
Pan Am
Panhandle
Enn
de Dla Vy Penney
PennDix
Pennpl
PepsiCo
Pfizer
Va Phelp
Philip M
PhilPet
Chet Maxwell
Barnes Organization
Clios
Joseph J. Rice
Rice
Association
New York Life Variable Contract Corporation
John H
Angelone
E. Vista
George E. Freiburghaus
E. McDonald
Dwight E. Loeffler
E. Mitchell
New York Life ‘Insurance Company
Camelback Road
Sue Heron
Phoenix Properties
Cars International
DEMAS
Scottsdale Rd
Volkswagen
BMW
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!