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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Jun 09, 1977
Page
5
New York AP stock list shows late noon prices across NYSE issues with many figures garbled. Investors watch for highs and lows among names like AMBAC Bank Am, CocaCola, Ford and Exxon amid general market movement.
London gold 140.00 down 2.25 per ounce. London cotton 45.30 cents down 0.80. Imm Jun gold 138.80 down 2.50. Jun live cattle 39.00 down 0.17. Jul hogs 45.97 down 0.76. Jul cotton 45.30 cents down 0.80. Noted market not closed.
The Scottsdale Merrill Lynch office provides New York and American Stock Exchange prices for Arizona headquartered firms and major in-state facilities. Quotes show varying highs, lows, and last prices among listed names including APS, ArColLand, Gen Semi, Patagonia, and Southwest Gas, with several entries marked by bid and ask figures.
A shift from fringe pay as mere adornment to a larger share of compensation is noted. Employer costs per hour show rising wages and benefits from vacations to health plans, retirement, and new fringes like dental and legal fees, with dental and home and auto insurance on the horizon.
The Arizona Bank celebrated a 75th anniversary with a 25 car parade down Central Avenue led by a 1920 Rolls Royce carrying Frank Cullen Brophy and W R Montgomery and include the current chair G Clarke Bean and Secretary Wesley Bolin. Mayors and officials rode in Scottsdale and other community cars as a commemorative belt buckle sales kick off.
Baron Industries Inc. of Phoenix appoints Eden, long time Scottsdale resident, as executive vice president joining a firm led in energy and water saving products. Also named are David Ferrara as assistant VP at Continental Bank Scottsdale office and two Scottsdale residents promoted at Naumann Lift Trucks Inc. Tony Bagnato becomes CFO and Dick Stotz rises to VP marketing. Shirley Childers to manage APS Seventh Avenue Neighborhood Office. Virginia L. Kuecker marks 25th service anniversary at Mountain Bell Phoenix.
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