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Scottsdale Progress in Scottsdale, Arizona

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Scottsdale Progress

Location

Scottsdale, Arizona, United States of America

Date

Jan 23, 1976

Page

6

IRS informs on 1900s retirement accounts and deductions

The article explains the Individual Retirement Savings Program offering up to 1500 deductible annual contributions, tax on earnings deferred until withdrawal after age 59 and a half, and limits based on savings, wages, or 1500. It details eligibility, institutions, joint or separate filing, early withdrawal penalties, and itemized deduction guidance. It also notes IRS resources and guidance for taxpayers.

Gregory Nokes Associated Press Washington IRS Congress Savings and

Breen Elected Head of Arizona Petroleum Retailers

Roy Breen, veteran Exxon dealer with 26 years in the industry, elected as first full term two year state president of the Arizona Petroleum Retailer’s Association. He operates an Exxon station at Camelback Rd and 40th St Phoenix and aims to improve relations with major oil companies to boost service and products for motorists.

Arizona Petroleum Retailer’s Association Roy Breen Exxon Breen Camelback Rd 40Th St Phoenix

NYSE Quotation Snippet Shows Mixed Stock Figures

A fragment from the New York Stock Exchange at 2 p.m. lists prices and codes such as Hatlibin 1.32 Harris 1.20 with additional figures including 53 NB 1532 and 37M 34 %. The legible items reflect abbreviated ticker data and numeric quotes common to mid 20th century financial pages.

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Market rebounds as stocks rise amid rate expectations

The Dow Jones industrial average climbs 11.10 to 954.58 as gains lead on the NYSE. Despite First National City Bank holding its prime rate at 6 percent, investors expect a downward trend in rates and potential Fed easing. Trading stays brisk with Fedders the volume leader and a large 190,000-share block transacted.

New York New York Stock Exchange First National City Bank Fedders NYSE

Commodity Closings Wrap Up Mixed Trading

London gold sits at 128.25 up 2.50 while IMM Mar gold climbs to 128.40, up 2.50. Feb silver falls to 3.89 and copper edges higher to 54.5 cents. Wheat and corn advance, soybeans gain, live cattle slip, hogs rise, pork Bellies retreat, eggs climb, Maine potatoes lift, plywood dips, cotton flat, sugar up. Market remains open for these items.

London Imm Maine

Also Mentioned on This Page

Scottsdale (Az Daily Progress The Bonnie Bigger Marriott Bigger Inn Arizona Banquet Sue Leimgruber William P. Edwards Scottsdale Edwards Harvard Diamond's Glenn Johnson B. Dalton Bookseller Minneapolis Minnesota Marion Hall Fashion Square Hall Seventh St Warren B. Saufferer Buena Vista Paraidse Valley Agrifir Irrigation, Inc Tempe Ralph Love Tactical Electronics Government Electronics Love Dan Zusman Pennsylvania State University Arizona State University Lloyd Carswell Adams Hotel Stewart A. Maurer Maurer Sheraton Corporation Sheraton Hotels Pacific Sheraton Palace San Francisco Sheraton-Cadillac Detroit Mich New York City WY Va Hatlibin Harris Va Telex Cp Tenaco Texaco Seyses Quaksto Va Thiokol Questor TimeMir Va Ralston Pu Timlin Rapid Am Todd Shipyd Va Raytheon Va Trans Wa Transam RepStl Ve Val Inc UMC Ind ReynIn Va Unocal Uniroyal Royle Ryder Sys x Ywla Unit Tech Va Sandrs Asso SanFelnt Scherg Pl SCM Co Seabcl Vendo Co Searleg Vetco Sears Va Epw ShelOil Shell Wachova Warner L Va Singer SmithKline SonyCp Scareg WuUnion Va Whittaker Sperryr StaufCh ZaleCorp ZenithRad Federal Reserve American Exchange Madda Trading Company, Inc Chicago Mercantile Exchange GIL Haskins Auto Leasing Inc Scottsdale Rd Franciscan West Realty Franciscan West Development Wiest Jerry Elzey Eves Fifth Ave Hart Joe Hunt Featuring Ken Waine Barry White We Grapevine Thomas Rd
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