Stocks rally then fall on New York Exchange
Stocks rose briefly at mid day on the New York Stock Exchange before falling sharply in moderate trading. Dow Jones dropped 13.45 to 821.34 while the S P 500 lost 0.92 to 92.50 as investors grew wary amid high fuel costs and global economic concerns.
MENTIONED IN THIS ARTICLE
NEW York
UPI
New York Stock Exchange
Standard & Poor
Wall Street
Europe
Japan
U.S
American Exchange
Va Admiral Cp
Aetna Life
Amngis
Va Amt&t
Ja -Amoetek
Ampex Cp
Amstar
Anacon
Apeco Corp
Armcos
Arms Ck
Assoc
Richild
Atlas Corp
Avco Corp
Va Avnetine
Va Avnetine .30 5 48 8% 734 734— V4 »—B B— Bath&Wil
Baker Oil
Bangor Pn
Va Bath Ind
Fds
Ya Beckma
Bell Hwl
Bendix
I Benguet Inc
Beth St
Boeing C
Ve Boise Cas
Va Borden
Scottsdale Daily Progress Business Briefs
Scottsdale business news for January 10 1974 highlights market trends and local commerce updates. Includes brief notes on company moves store openings and economic indicators affecting the Phoenix area.
MENTIONED IN THIS ARTICLE
Scottsdale (Az
Daily Progress
Marketing lessons from ASU professor on service firms
Dr. Richard Bessom of Arizona State University says many service institutions lack a consumer oriented marketing concept. He notes services are producers and marketers, face high risk for buyers, and require localized, distinct marketing approaches to meet changing needs and reduce perceived risk.
MENTIONED IN THIS ARTICLE
Richard Bessom
Arizona State University
ASU
Bessom
Dr. Bessom
Money and Mutuals: Naming Shares and Estate Transfers
Mutual fund questions cover choosing certificate sizes for easy sale and no conversion charges. Guidance suggests 10 or 20 share lots for flexibility, with the custodian handling bookkeeping. for estates, transfer requires death certificates and court orders, with agents assisting to speed dividend access. A note on Mexico investments cites Banco de Comercio claiming high safety, plus potential higher yielding options.
MENTIONED IN THIS ARTICLE
Judith G.rhoades
Morgan Guaranty Trust
B.C.D. A
Mexico
Banco de Comercio
Mexico City
Banco de Commercio
Venuzziano
Carrariza
Mexico 1
Charter meeting planned for Arizona developers group
The first charter membership meeting of the proposed Arizona Association of Industrial Developers will be held Friday at the SunBurst Hotel at 10 a.m. Dave Richmond, executive director of the Development Authority for Tucson's Economy, leads the charter committee and will outline goals and potential achievements. Other committee members include Ben Warren, Dean Service Realty, Jack Redmond, Flagstaff Chamber of Commerce, and Shelby Dill from the Office of Economic Planning and Development.
MENTIONED IN THIS ARTICLE
Arizona Association of Industrial, Developers
SunBurst
Dave Richmond
Development Authority For
Tucson
Ben Warren
Salt River Project
Dean Service
Dean Service Realty
Jack Redmond
Flagstaff
Scottsdale Author Doris Still to Speak at ASWA Dinner
Doris Still, a Scottsdale resident and educator, will headline the Phoenix Chapter No. 43 American Society of Women Accountants public relations dinner. The event is January 19 at 6:30 p.m. at Phoenix Country Club, located at 7th Street and Thomas Road. Still has lived in Scottsdale 12 years, is Tibet’s first white child born there, and is pursuing a USC doctorate while teaching in the Valley. she speaks Chinese and Tibetan in addition to English.
MENTIONED IN THIS ARTICLE
Scottsdale
Doris Still
Phoenix
American Society of Women Accountants
Phoenix Country Club
7Th Street
Thomas Road
Still
Tibet
University of Southern California
Dow Jones Averages Tumble Amid Broad Market Slump
Daily measures show Dow Jones closing at 963.69, down 3.84 points, with declines across the industrials and transports. Trading volume reached about 16.12 million shares as utilities edged lower and overall market breadth weakened.
MENTIONED IN THIS ARTICLE
Dow’ Jones
Indus
Price dispute over tires and shocks ends in draft plan
The letter describes a consumer dispute with a shop over a quoted price of 78.75 for two tires and four shock absorbers, later raised to 97.16. After partial discount to 91.66, the writer stopped a bank check and sent a draft for 78.75, arguing the store should back its agent. A second note warns travelers to eat main meals at noon to cut costs.
NYSE Closing Quotations and Selected Stock Quotes
New York close shows mixed results across many industries with notable names such as IBM, Exxon, GE, Coca Cola, and Boeing posting varied gains and losses. Traders watch for shifts in price levels as market activity intensifies and volume remains robust amid ongoing economic signals.
American Exchange stocks show varied gains and losses
The listing from New York’s American Exchange reports numerous stocks with mixed performance. Prices, highs, lows, and percentage changes are shown for issuers including Petro, Austral Oil, Banister Ltd, Circe K, CreoleP, and Dome Petro, among others.
Wall Street Charter New Taxes and Royalties Hit Oil Trade
The Townsend-Créerisneh and Co. newsletter warns that higher taxes and royalties on petroleum threaten the world economy by draining oil importers’ purchasing power and slowing real growth while accelerating inflation. It notes exporters may not productively use the revenue, first boosting short-term money instruments. Frank P. Wendt of John Nuveen & Co. is cited.
MENTIONED IN THIS ARTICLE
New York
UPI
Townsend-Créerisneh and Co
Foreign investors eye U.S. securities as value buys
Reynolds Securities says foreign purchases of American stocks are likely to rise further, noting net foreign buying has grown since 1971. The firm adds U.S. shares have eroded in price to appeal to value-minded money managers, and tax exempt munis and fixed income issues offer solid long term potential.
MENTIONED IN THIS ARTICLE
New York Society of Security Analysts
Reynolds Securities, Inc
U.S
Also Mentioned on This Page
Phillips Petroleum
New York Exchange
Phillips Common
Energy
William E. Simon
Exxon
Getty
Indiana Standard
Atlantic Richfield
Dome Mines
Homestake Mining
Campbell Red Lake
General Motors
Ford
S.H.C. A
Judith G. Rhoades
Copley News Service
Office ‘of Economic Planning, and Development
Chambers-Of- Commerce
Dow Jones
Consumer Forum
G.B. Denton
Wat
Borg
Bourns Inc
Braniff (Nt
Briggs S
CerroCorp
ChaseMan
Chessie
Chris Craft
CocaCol
Colgate
CBS
Col Gas
ComSolv
E. Contri
CypMs
DanRivr
Danac
Dennisn
Disney W
FMC Cp
Gen Dynamo
Gerber
Gillette
Global Mar
E— Va Goodric
Grace
Grant
Gta&p
Gt West UN
Va Greyhd
Gulf Oil
Gulstu
Va GulfaWs
Esas
HamPap
Harris
Hewitt P
Velomestk la
Honywi
Hobs LP
Howardj
Pwr
Imperial Cp
INA Cp
AIM
Intl Mining
T&t
Jantzen
Wa Va
John&Jn
JonLogn
LearSieg
Lehpic
Lehmn
LOF
Libby McNi
Ligg My
Littaln
Lockheed Loewc
Lone S Ind
Lon Stg
TV Corp
Lucky S
Luken Sti
Lyke Ygstn
Kaiser al
Kennecot
Kerr Mc
MacMill
Macy
Magnav
Man Hn
Marcor
Massey
MayerOs
Maytag
McCroy
McDond
Lmcgred
Mead Cp
Merck
MGM
Mmb&m
Morisco
Jo Monogram
Va Monsanto
Morgjp
Va -Morrsk
NtlGyp
Norton Si
Ohio
Omarkin
PacPwr
Po-T
Pennpl
Pennzoil
o+ Ae PepsiCo
Pfizer
PhilaEt
PhilPet
Va Pullman
Ralston
Va Rapid Am
Sa Raython
Va Rca.corp-1
qgReading Co
Revion
Rey Ind
Robshaw
Rochg
Rockwit
Rohmh
Rohr Ind
Va Royal CC
Royld
Safewy
StJoMn
Ye StRegis
Sander Asso
Schering
Schlumb
Wat Vo- Scott
Sears
SmithKline
Rand
Ster|Org
Tandy Corp
Teledyne
Texaco
E -Timlin
TraneCo
Transam
TranUn
Trans W Air
TriCon
UN Pac
Uniroyal
Uairer
UnCorp
US Gyp
US Indus
US Steel
Iva US Tob
Ver UniTel
Univon
Utah
Utah PL
India
Uae
Victorec
Walgreen
Va Wash W
Wsth Air
WsBanc
Vo Wunion
Va Wesig el
Wstvac
Weyrhas
WhelPitt Ltd
Whirpool
White Con
White Motor
Va Whittake Cp
Wickes Cp
Va Xerox
Zale Corp
We Zayre Corp
Zenithr
Zurn Tnd
Ween
Faberge
Faircm
Fair’ Fai
API
Tbek
Gal
P.E
Buttes
Cew CP
Ae. Dixlyn Corp
Dome Petro
Felmont Oi
LoewsTh
Ve 'McCullch
Statham Ing
Syntex C
Vikoa Tnicor
Wyo Bnc
Yates Indus J
Scottsdale 64Th St. & Oak
NATO
Hilton
Paul Shank
the Hilton
Scottsdale Hilton
Scottsdale RD
Lincoln OR
Wall Street Charter
Frank P. Wendt
John Nuveen & Co., Inc
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!