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Scottsdale Progress in Scottsdale, Arizona

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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

Scottsdale Progress

Location

Scottsdale, Arizona, United States of America

Date

Jul 08, 1974

Page

6

Credit policy and gold rise in stock outlook notes Kekish

Harris Upham chief economist says Fed restraint likely given high rates and tight liquidity. Richard Russell foresees gold as a temporary fix for liquidity, while Value Line flags 1974 profits near flat with some industriesdown. Mining metals and energy sectors lead gains. short-interest ratio sits near 1.50.

Copley News Service Bohdan Kekish Harris, Upham & Co Federal Reserve Board Dow Theory Richard Russell Aa & Z Gerald’ Appelin Zapata, Sprague Electric Hal Marlow Hornblower & Weeks-Hemphill Noyes

Widowhood as a financial planning issue in Arizona

W widowhood appears highly probable for Arizona women with 11.8 percent widowed and 71.6 percent of those over 75. Bowler of Pioneer Western urges early budgeting, mutual funds and insurance planning, noting young widows face college costs and full time work to cover expenses while plus-65 widows have different but parallel challenges.

Arizona W. Scane Bowler Pioneer Western Corporation Pioneer Western Western Reserve Life Assurance Company Pioneer Group of Mutual Funds Bowler

New York Stock Exchange closes with mixed quotations

Trading ends with mixed results as leaders and losers populate the close. Major issues such as RCA, Exxon, and Standard Oil show varied movement while smaller utilities and banks post modest gains or declines. Investors watch for inflation signals and policy clues amid volatile markets.

Wall Street Chatter on Funds and Stocks

Wall Street chatter notes the ten year fund average up 40.64 percent to June 28 while the S P 500 gains 5.26 percent with no dividends. Of 534 funds, 17 rose in 1974's first half amid caution about short term rates and stock price softening.

New York UPT Standard & Poor Steiner, House & Co Dirmi Fraser Management Associates Burlington Wrights Investors’ Service Bridgeport Conn

Rolls-Royce dentures aid denture wearers in London

A British dental journal report says 100 people who often broke their false teeth now have no trouble after being fitted with experimental dentures reinforced with carbon fiber developed by Rolls-Royce for jet engines.

London UPI Rolls-Royce British Dental Journal Rolls- Royce

Commodity closings from market quotations

Today's closing commodity price quotations show London gold at 140 and up 6.50 per ounce. July silver 4.42 and up 0.30. July platinum 187.50 up 4.50. July copper 86 down 0.4. July wheat 4.56 42 up 0.20. July corn 3.16 up 0.10. July soybeans 6.41 2 up 0.20. Aug live cattle 45.57 up 1. Aug live hogs 37.80 up 0.25. Fresh eggs 46.90 up 0.01. Nov Maine potatoes 4.80 up 0.10. Dec contion 53.60 down 0.25. July plywood 107.10 down 5.0.

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American Exchange Close on New York Market

Selected stocks on the American Stock Exchange finished the trading session in New York with notable activity and closing prices.

NEW York API American Stock Exchange

Dow Jones Averages Close Mixed With Declines

The Dow Jones closing averages show a drop across indices with the industrials down 21.20 to 770.57 and transportation off 4.64 to 152.12 while utilities slide 1.67 to 67.48 and the overall 65 stocks index at 231.09, with 10.91 million shares traded.

Dow Jones Indus

Stocks plunge on NYSE amid rate fears

Stocks fell Monday on the New York Stock Exchange as higher interest rates and Federal Reserve policies weighed on sentiment. The Dow Jones shed 22.76 to 769.01, the S&P 500 declined 2.74 to 80.92, with declines leading advances 10 to 1 among 1,803 issues and about 16.1 million shares traded.

NEW York UPI New York Stock Exchange Federal Reserve Board Standard & Poor

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