Commodity Closings From Madda Trading Company
London gold 139.25 up 0.75. IMM Mar gold 140.60 up 0.80. Feb silver 4.32 up 0.05. Jan platinum 146.50 down 0.40. Mar copper 56.7c unchanged. Mar wheat 3.47 down 0.03. Maq corn 2642 down 0.50. Jan soybeans 4.57 down 0.44. Feb live cattle 42.72 up 0.02. Feb live hogs 49.87 up 0.57. Feb pork bellies 77.37 up 1.57. Jan fresh eggs 53.8c up 0.55. May Maine potatoes 12.50 down 0.20. Mar plywood 154.70 up 3.20. Mar cotton 51.89 up 0.07. Mar sugar 13.94 down 0.14. Market not closed on above items.
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Cautious optimism shapes 1976 economic forecasts
AP reports cautious optimism for 1976 as forecasts from business government and academia suggest inflation and unemployment may ease and personal income rise. The piece notes lessons on fiscal restraint and warns against rising government spending without tax increases, citing New York and other cities responding accordingly.
MENTIONED IN THIS ARTICLE
John Cunniff
NEW York
Academe
Americans Learn to Do Without in Spending Cutback
The piece notes that many Americans reduced spending to cope with unsustainable gates, cutting back on costly foods and entertainment, and giving up a second car. Despite sociologists doubting the move, Americans found some previously prized items were not essential.
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New York
Valley National Bank sees gradual recovery for Arizona in 1976
Valley National Bank researchers predict nationwide economic improvement in 1976 with Arizona sharing in the upswing. The report cites inflation at 5 to 6 percent, rising personal and corporate incomes, and a slow housing and manufacturing rebound while consumer spending remains mixed and tourism strengthens. Population growth and employment are expected to rise in 1976, though housing starts stay well below 1971–73 peaks.
MENTIONED IN THIS ARTICLE
Arizona
Valley National Bank
Arizona Progress
SRP hourly workers win 8 percent pay increase deal
SRP hourly workers ratified a two year contract granting up to eight percent wage hikes for about 1,650 Valley employees and 390 at Navajo Generating Station. Negotiations lasted two months with gains including improved benefits and revised work rules. The agreement totals roughly 4.24 million dollars in wages and 445 thousand in benefits over the term.
MENTIONED IN THIS ARTICLE
Salt River Project
Navajo
Page
Page Area
International Brotherhood of Electrical Workers
Phoenix Area
Don Hall
SRP
Ted Yorke
Arizona
Southwest
New Shops Open at Paseo Village in McCormick Ranch
Two shops debut at Paseo Village shopping center in Scottsdale. A gourmet deli by Susan and Frank Romolo features Greek casseroles Italian dishes and Jewish specialties. Hairmaster's Unisex Salon offers styling by Margo and staff with daily 8 a.m. hours and evening appointments. Paseo Village sits at Hayden Road and McCormick Parkway.
MENTIONED IN THIS ARTICLE
Paseo Village
McCormick Ranch
Susan
Frank Romolo
Chicago
Scottsdale
Margo
Hayden Road
McCormick Parkway
Forest Service offers summer job openings in Arizona
The U S Forest Service announces summer jobs requiring special forms by February 15. Forms available at all Arizona Forest Service offices to supplement the SF 171 federal application. Hiring will be on merit based on experience and education. applicants must be at least 18.
MENTIONED IN THIS ARTICLE
U.S. Forest Service
Forest Service
Arizona
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