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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Jan 16, 1975
Page
6
Readable stock quotes show many corporations and prices on the New York Exchange at 2 pm. The list includes Aetna Air, Alcoa, American Airlines, Amex, Amcor, Exxon, Coca Cola, GE, IBM, Pfizer, Texaco, DuPont, General Motors, Chrysler, and dozens more with bid and last sale figures. The page catalogs large and small caps, reflecting market breadth and volatility.
Wall Street chatter urges investors to rethink declines as stocks show potential for rallies. Alan R. Shaw of Harris Upham notes the market has been cheap and calls for a reason to buy. Predictor Inc. advises building a fresh growth portfolio over reactive, emotionally driven moves.
Interim Dow Jones figures show Industrials at 852.77 down 0.62 while Transports gain 2.37 to 155.60 and Utilities slip to 77.49. The overall Stocks average rises 0.73 to 215.07 as volume reaches about 12.18 million shares.
London gold 175.50 down 2.00 oz IMM gold 177.30 unchanged oz Feb silver 4.15 down 9 4 5c oz Mar copper 0.52 down 1.4c Ib Marcorn 3.304 down 7c bushel Jan soybeans 6.21 down 20c bushel Feb live cattle 35.72 down 1.05 cw Feb live hogs 36.47 down 3.48 cwt Feb pork bellies 58.38 down 1.50 cwt Jan fresh eggs 53.4 up dot May Maine potatoes 3.75 down 0c cwt Jan plywood 110.50 unchanged thousand sq ft Market not yet closed on some above.
Scottsdale residents Richard E. Jones and Carole Kull receive promotions at First National Bank of Arizona. Jones becomes branch administrator in East Central. Kull advances to employment officer in Employment and Placement. Jones joined in 1986 after 15 years in finance. Kull since 1962 with roles in personnel. Warne sells Engineers Testing Laboratories to Howell Corp. Warne remains chairman. Scottsdale area NA A will hold January technical session at SunBurst Hotel with Richard Milan as guest speaker on alcoholism in business. Swartwout Productions expands its sound capabilities for music recording and sound work.
Wade Bray, chief audio engineer for Swartwout Productions, says the Swartwout name will lead the Southwest in sound recording through on location and multi track sessions. The firm offers new marketing and pricing for bands preparing demonstration materials to enable emerging groups to cut demo records. John L. Markley named chief deputy to Maricopa County Recorder Tom Freestone, replacing Vikki Liles who resigned January 3. Markley, 59, an Ohio native, has spent six months in the recorder’s office and previously ran oil company interests and Phoenix retail outlets.
The piece traces how barter fueled early success stories from Virginia’s Barter Theater founders to a Louisiana chain, recounting Uncle Ryland’s chicken pen and "$1 hose" experiment. It links direct exchange to personal ascent from calf trades to bank presidency and lumber empire.
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