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Scottsdale Progress in Scottsdale, Arizona

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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

Scottsdale Progress

Location

Scottsdale, Arizona, United States of America

Date

Jul 08, 1977

Page

5

Mexico's economic prognosis shown as poor by officials

Treasury Minister Julio Rodolfo Moctezuma Cid says Mexico is in a pothole with a crisis not yet over. President Lopez Portillo and cabinet acknowledge financial difficulties while seeking hard currency loans and IMF support amid peso devaluation fallout since 1976.

William Giandonid Copley Mexico Treasury Julio Rodolfo Moctezuma Cid Jose Lopez Portillo U.S International Monetary Fund Lopez Portillo

Mexico trims deficits and gains foreign credit confidence

The 1977 program reduces imports and controls costs while boosting exports. Inflation slowed from 4 percent a month to 1 percent by May. Trade deficit narrowed to 245 million in Q1, down from 666 million a year earlier. Foreign loans, including World Bank and Lloyds credit, total about 3 billion for 1977.

Industralists Romero Kolbeck Mexico World Bank Lloyds Bank International Treasury Moctezuma U.S

Dow Jones Industrial and Transport Averages Slip At Open

New York stocks opened with the Dow Jones Industrial Average at 907.39 down 2.12, the Transports at 237.63 up 0.53, and the Utilities index at 115.99 up 0.13 as widespread trading began. Analysts noted mixed results across major issues with several big names showing modest losses while others edged higher.

New York Indus

Stock table snapshot shows mixed gains on American Exchange

The Associated Press reports national price listings across multiple American Exchange issues. Stocks such as AllegAir and Austro-Rad show varied gains and losses with percent changes spanning single to double digits, reflecting a mixed market.

Commodity Closings From London And IMM Markets

London gold at 142.00 up 0.50, London Jul coffee 1.78 up 0.04, cocoa 2.31 up 0.02. IMM Aug gold 142.50 up 0.60, Jul silver 4.41 up 0.00, Jul copper 0.576 up 0.003. Jul wheat 2.37 up 0.01, Jul corn 2.1934 up 0.01, Jul soybeans 4.29 down 0.12. Jul soybean meal 169.50 up 1.00, Jul soybean oil 0.2237 up 0.0009. Live cattle 40.02 down 0.25, live hogs 47.95 up 0.05, pork bellies 56.02 down 1.38. Cotton 0.6115 up 0.0035. Market not closed.

London London Mar IMM

Arizona Stocks Snapshot From Scottsdale Merrill Lynch

Arizona stocks listing from Merrill Lynch in Scottsdale shows mixed readings on major Arizona headquartered firms and facilities. Companies such as APS and Southwest Gas display varied high and last prices with notable percentage changes, while several others list partial or unclear quotes.

New York Stock Exchange The American Stock Exchange Arizona State Scottsdale Merril Lynch, Pierce, Fenner and Smith

Bridges elected head of life insurance group

H Bridges CLU of 1708 N 69th was chosen president of the Peionie chapter for 1977 78. He has been in life insurance since 1946 and succeeds James R Cone. New officers include Craig S Reynolds vice president John C O Callaghan Jr secretary and Marvin D Loos treasurer. Carmen Robinson named Scottsdale resident manager of the Inn at McCormick Ranch.

H. Bridges CLU N. 69Th Peionie American Society of Chartered Life Underwriters Bridges James R. Cone Craig S. Reynolds Franklin Life John C. O’callaghan Jr Connecticut General Life Insurance Co Marvin D. Loos Lincoln National Life Insurance Co Carmen Robinson Scottsdale McCormick Ranch Randy Randall Aircon Corp Denver Steamboat Springs Colo Jackson Hole Wyo

Simple interest explained by Judith G. Rhoades

A simple-interest loan charges interest on the outstanding balance day by day. Borrowers receive only the needed amount, here exampled at 3000 dollars, with interest accruing for the days the money is kept. Late payments incur extra interest rather than a penalty fee. In California, thrift and loan companies may finance securities purchases if you meet their requirements.

Judith G. Rhoades Copley California United States Thrift and Loan

Market mixed as Dow slips after early gains in New York

The Dow Jones Industrial Average fell 2.12 to 907.39 by 2 p.m as gains narrowed. NYSE volume reached 17.08 million shares while the overall market showed 8 gainers to 5 losers on the day. The wholesale price index dropped 0.6 percent led by farm and food prices, signaling mixed economic signals. Dow Chemical fell 54 to 32 and reported flat Q2 earnings guidance despite a 334,500 share block traded at 32.

New York Dow Chemical

New York Couple Buys Psycho-Ceramics Shop

Marilyn and Ed Lomas of New York purchase the Psycho-Ceramics Shop at 6941 E Fifth Ave. The shop will operate as a teaching ceramic studio and gift shop offering hand crafted pottery. The Phoenix warehouse at 1950 E Watkins remains under the Greisigers and will be renamed Féenix Ceramics and Supply.

Marilyn Ed Lomas New York Psycho-Ceramics Fifth Ave Jack Joan Greisiger Fifth Avenue E. Watkins Phoenix Greisigers Féenix Ceramics and Supply

Also Mentioned on This Page

Luis’ Echeverria Central Bank of Mexico Gustavo Romero Kolbeck Scottsdale (Az Daily Progress Dennys Disney duPont FlPaso Emere Engmc Ensrch Esmrk Evansp Exxon A. Fmc Fairind FdFair Fordm Formck Gannett GenDyn Gene VY Gillette Goord Goodyr Gould Grace Gaipc Arco AlcanAl AllaStr AlvsCh Armco ArmstCk Ya Asarco Anrich Ayealp BallyMt Balge BankAm Ballscht Baty Ve BeatFos BelHow Bendix Bota Bury Inerco Hwcapt IBM Censow Ina Chessie Cpnet JhnMan Jomin Chysie Joniga JoyMig Ve CiesSv DataGen AOA Cayo Gere Kmat Kasa Kane Kroger teaSieg Levitf Lyget Lifyél Ution MaMid Masco McDald Va McDond Merck Merly MerrEq Monsan MonPw Morgan MorNor Nlind NLT Nabisco Omark Owen Pace PepsiCo Homestic HughsTl Polarond RestvOil Reviow Reynin ReyMet RuAd Robins Rockwi Koninga DAM Me Rover Royo Reyid Ryders Satewy StoMn Stsaf Stregp Sambos Schlumb SimpPat Singer Va Skyline SonyCo SouthCo Sonres Steven SunCo Tandyett Tenaco Texaco TimeMir TWA Trarsam Transco Wunion Westg Weyertr Whirlpol VU Whittakr Wiliams CTM Paradise Valley American Exchange AegisCp AllegAir AuldAr AtlasCp Wa UWA ChampHo Ordex Colemn Damson DomePt DynAm DynellEl EDG Inc EanhRes FedRes H GiantYel Goldfield Wencotrm Invwa Oe Kaigrin Kawanea KnickToy Lveop lalyRd leeEnt MWA— Loewwi Marindy A Nd McCul0 ReshCot Resisa Piscon Robnich Ryanh Shenand Tennéco Terral Warnc Associated Press Madda Trading Company Inc Chicago Mercantile Exchange Patagonia Ind Ariz. Bank UB Fin. Corp. WY Valley Nat. Bank . Oss Anheuser Busch BaylessMkts Southwest Gas Gen Semi Solid Gold Radio Life Insurance Doug Short E. Belleview National College of Business NCB Short Ramada Inns Memorex Corp Robert M. Shervem Arthur Aschauer and Co. Inc 22Nd St Shervem University of Washington Carefree Mesa Tempe Paradise Valle Chandler Guard Services Inc Paradise Valley Investigation & Patrol Service Inc Invergordon RD
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