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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Jan 26, 1976
Page
4
NYSE 2 PM quotes show Dow Jones averages with signals for industrials and utilities. The report lists per-share prices, highs and lows, and changes for many issues including AmAirlin, Exxon, General Electric and others, reflecting broad market activity in a single afternoon session.
Daily closing prices list scarce gains and losses for metals, grains, livestock, eggs, potatoes, plywood, cotton and sugar. Londor gold 125.00 down 3.25, IMM Mar gold 126.00 down 2.40, Feb silver 3.85 halves down, Mar copper 53.8 cents down 0.7, Mar wheat 3.35 down 0.15, Mar corn 2.61 down 0.10, Mar soybeans 4.56 down 0.20, Feb live cattle 36.27 down 1.20, Feb live hogs 46.40 down 0.92, Feb pork bellies 68.90 down 2.00, Feb eggs 54.05 down 0.02, May Maine potatoes 16.40 down 0.50, Mar plywood 159.70 up 7.00, Mar cotton 59.35 down 0.014, Mar sugar 13.55 down 0.02. Market not closed on above items.
The Dow rose over 100 points this year yet investors question the sustainability of the rally. The market shows a ten year pattern of peaks and valleys with few plateaus, suggesting momentum fades near 995 and that economic fundamentals will decide if the rise persists.
District judge Walter E. Craig orders Larry K. Kwan and Kwan's Restaurant at 2228 N Scottsdale Rd to stop selling any cola other than Coca Cola when a customer asks for Coke or Coca Cola. The ruling requires clear disclosure that a substitute is being offered and oral assent from the customer. The court holds Coca Cola and Coke are valuable trademarks and must be guarded to protect consumer trust.
Elizabeth Kennedy proprietor of Liz's Art Studio at 7133 Stetson Dr opens a shop in Stetson Plaza. She built the display stands herself and offers paintings macrames terrariums and crafts plus painting classes five days a week.
A free six hour three session workshop on money and investments runs on Jan 27 Feb 3 and Feb 10. Billie Timm from Shearson Hayden Stone leads the sessions with guest speakers Zobeida Escobar de Frietz Michael Maurer and others. Sessions are 1 30 to 3 30 p m and 7 30 to 9 30 p m at First Federal Savings & Loan and Shearson Hayden Stone with reservations via Carol Reynolds at 956 8010.
Hexcel Corp uses rooftop solar collectors to supply about 10 percent of hot air for a process oven and is patenting a movable parabolic reflector design that tracks the sun. The firm began a two year study to cut natural gas usage and plans larger installations to heat solution tanks for regular production.
Twenty seven Sentry Companies officers arrived in Scottsdale from Stevens Point Wisconsin for a week long officers conference at the Scottsdale Hilton. Several Sentry executives now reside in the Valley including Hal Holtz Rollie Wiegers and John Schwantes. John Jeanis Don Reutershaw and Vern Holmes also arrived from the home office.
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