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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Jan 30, 1976
Page
5
Irving S. Shapiro chairman of Du Pont urges American business to pursue quality over mere riches. He cites four action areas: improve worker relations, strengthen public communication, align law and science, and collaborate with government on programs to protect the public.
NY AP reports at 2 p.m. Dow Jones Industrial Average sits around 976.15, down 7.40, with Transport and Utility gauges also mixed. The NYSE shows late quotes across many issues including Aegis Corp, AmPetrol, BansiCd, and others, highlighting broad sector moves and notable gains and losses.
Market notes list London and IMM gold prices and other commodities with changes. A Federal Home Loan Bank report credits savings and loan associations in Arizona California and Nevada with a record 1975 for net new savings and a rebound expected in January.
The American Stock Exchange announced noon price selections in New York as part of its regular market updates. The report lists updated quotes and key securities moving during the trading day.
Mountain Bell changes the former Valley wide repair line 611 to multiple local numbers ending in 9181. Each area gets a different prefix to route calls directly to the repair center for quicker handling. In Scottsdale area Sunnyslope and Northeast Phoenix use prefixes 943 944 952 996 957 959 997 with 264 9181. Fountain Hills Fort McDowell Paradise Valley and Scottsdale use prefixes 837 941 945 946 947 948 949 991 994 with 949 9181.
Arizona taxpayers would pay 3.7449 billion dollars as their share of the federal budget for fiscal year 1977 per the Arizona Tax Research Association. The budget foresees 394.2 billion in outlays and 351.3 billion in receipts, creating a 43.0 billion deficit and a federal debt nearing 719.5 billion by year end. The estimate uses a state allocation formula from the Tax Foundation, with some Washington sources predicting higher outlays and tax costs.
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