Real estate market shows surprising strength in 1977
AP reports that consumer attitudes toward housing improved in May with 62 percent expecting favorable buying conditions, the highest since 1972. Builders project about 1.5 million single family starts plus 0.5 million multifamily units in 1977, while 3.4 million resale homes are expected to change hands this year.
MENTIONED IN THIS ARTICLE
John Cunniff
NEW York
University of Michigan
Survey Research Center
National Association of Realtors
Housing market confidence rises as prices climb high
A Scottsdale/Phoenix area survey notes rising home prices and improved sales. Median new house price nears 50 000 while resale homes average 37 300. With incomes rising faster than inflation buyers feel emboldened and expect prices to rise further.
MENTIONED IN THIS ARTICLE
Phoenix
Tucson
Scottsdale
Coldwell Banker
Bud Melcher and Associates
Paddock Pool Firm Plans Sixth Outlet at New Center
Paddock Casual World will open its sixth retail outlet in February at a new shopping center at 32nd Street and Cactus Road. The 20,000 square foot store will feature outdoor living concepts and join a center also housing an O Malleys B M C store, developed by Westcor Inc. The company is based at 6525 E. Thomas Rd.
MENTIONED IN THIS ARTICLE
Paddock Casual World
32Nd Street
Cactus Road
Paddock
O’malleys B.M.C
Westcor Inc
Paddock Pool and Patio
E. Thomas Rd
Norse and Associates forms new Phoenix agency
Norman S. Norse former vice president and treasurer of Robert A. Mullen Advertising opens Norse and Associates Ltd at 3930 E Camelback Rd with Tom Hilton joining. Clients include Estes Homes Facings of America Institute for Small Business Management and Bay rally related accounts. Hilton previously at the Arizona Republic.
MENTIONED IN THIS ARTICLE
Norman S. Norse
Robert A. Mullen Advertising
Norse and Associates Ltd
E. Camelback Rd
Tom Hilton
Mullen
Norse
Estes Homes
Facings of America Inc
Institute For Small Business Management
Progressive Data Management
Design Group Inc
Goldwaters
Arizona
New Mexico
Norse and
Hilton
Arizona Republic
Sun Living
NYSE 2 P.M. Quotation Summary for Dow Jones
The 2 PM Dow Jones industrials stand at 922.68, down 1.44 points, with the transportation average at 237.92 off 0.20 and utilities at 115.00 down 0.77. The list shows price quotes for numerous NYSE issues including Alcoa, AmCan, Goodyear, IBM, Coca Cola, and others with bid, ask and last prices alongside percentage changes.
MENTIONED IN THIS ARTICLE
New York
Dow Jones
Indus
Arizona Stocks on NYSE and AMEX List Regional Firms
From Scottsdale Merril Lynch data, Arizona based companies show mixed moves on major exchanges. Prices listed include APS AlColLand Patagonia SWForind Talley TGBE West Fin Gen Semi with fractional changes and last prices, all marked Unch or small shifts.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
The
American Stock Exchange
Arizona
State
Scottsdale
Merril Lynch, Pierce, Fenner and Smith
AlColLand
Patagonia
Commodity Closings from Madda Trading Company Prices
London gold 142.50 down 0.25 per oz. London coffee 1.72 down 0.05 lb. Cocoa 2.32 up 0.05 lb. Sugar 0.10 unchanged. IMM Aug gold 149.00 down 3.60. Silver 4.47 down 0.01. Copper 0.585 down 0.006. Wheat 2.50 up 0.14. Corn 2.284 up 0.? hasta. Soybeans 7.901 up 0.15. Meal 208.00 up 6.20. Oil 0.2775 down 0.0023. Live cattle 41.25 down 0.97 cwt. Live hogs 47.12 down 0.33. Pork bellies 55.27 up 0.17. Cotton 62.20 down 1.30. Market not closed.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Nh Amf
Airco
AicanAl
Aisin
Alcoa
Amax
Bu—Amvur
Armco
AmsiCk
Asarco
AsnOl
AtlasCp
AveoCa
Avnet
Avon
BallyMt
Bagi
Beker
BesiPo
Boeing
Borden
Branti
Burgns
CBS
CalFind
Caiptr
Celange
NV Censow
Canida
CessAr
Chesse
Chipret
Corts
Colfonn
EsKod
Taton
Ht & Echin
ElPaso
Engmc
UY. Fry
Evansp
Boon
SIM
FarCm
Farind
FielEm
Formck
Ulby
Frank M
Kman
KaisrAl
Kang
KanPli
Katyind
Kellogg
OM lawSieg
Utton
MosFd
Marat
Marriot
Mason
Merck
Merly
Monsan
WaDist
NevPw
NorSim
Okung
Omak
Pache
M48
SH OM . PacPw
Pact
Panam
Pires
RK BK
Tesoro
Town
Teést
Temron
O&m
Usgyps
Ussteel
UniTel
London
Also Mentioned on This Page
Business Mirror
U.S
Scottsdale (Az
Daily Progress
Michigan
Paddock Pool Firm
Selby
Dave F. Reade
Paradise Valley
Dave Reade & Associates
Eaton
D. N
Don” Anderson
Shell Oil Company
Laurel Society
Anderson
E. Corzine Drive
Shell
Richard M. Kings
E. Via del Futuro
Motorola Executive Institute
Oracle
Desert Foothills
Gtire
Geneseo
Getty
Goody
Gould
Grace
HM HK
BKK
Idaho
Inenco
IBM
Pumx
Peaciat
Reichtn
RegSti
Roy
Ryders
Scmcp
SonyCo
SouthCo
Sonaes
Sperry
Wachov
Watim
WmCom
Westgel
Dave
Xerox Ky
Associated Press
Madda Trading Company, Inc
Chicago Mercantile Exchange
George B. Peck
Henry J. Jensen
Gerwin and Company
Scottsdale Office
Erin. and Company
Camelback Road
Pratanes
Cae
Rau
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