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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Jul 27, 1976
Page
6
The piece weighs liquidity vs growth in choosing how to store wealth. It surveys stocks, bonds, real estate, gems, savings accounts, and gold and silver coins, noting liquidity challenges, inflation effects, and the wisdom of diversification to protect purchasing power.
Robert F. Amos is named deputy general manager and John R. McNamara becomes associate general manager for power at Salt River Project. Reid W. Teeples remains associate general manager for water. Amos, 56, from Paradise Valley, served as associate general manager for finance and operations services and succeeds A. J. Pfister as general manager after Rod J. McMullin's retirement. McNamara, 40, of Phoenix, was formerly assistant general manager for power and joined SRP after a 27 year Air Force career ending as a colonel.
The 2 PM quotations list 7 percent yield and 24 percent price at the New York Stock Exchange with options and bonds showing market activity. Prices and changes reflect active trading and investor sentiment for the period.
The article lists the Dow Jones averages at 2 PM with declines across indices and provides extensive selected late prices for NYSE issues. It includes numerous company names and percentage changes, reflecting a broad snapshot of market activity.
The 2 p.m. Dow Jones average fell 2.63 points to 988.88 as losers led gainers 7 to 5 on the New York Stock Exchange. Trading was quiet after an early rise, with analysts noting Federal Reserve Chairman Arthur Burns signaled slight tightening in money-supply growth targets.
London gold rises to 113.80, IMM Sept gold 113.60, Aug silver 4.58, Oct platinum 169.80. Copper 75.4 cents, wheat 3494 per bushel, corn 7.00, soybeans 6.222 down, live cattle 38.90, live hogs 42.87, pork bellies 65.00, fresh eggs 60.3 cents, Maine potatoes 8.10, plywood 143.80, sugar 12.5 cents.
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