Bagdad mine to be closed by July fourth
Cyprus Bruce underground copper and zinc mine will shut down on July 4. Cyprus Bagdad open pit mine, both subsidiaries of Cyprus Mines Corp, will continue operations. President Kenneth Lieber cites low copper and zinc prices and rising smelting costs as the reasons. The underground mine employs 115 workers.
MENTIONED IN THIS ARTICLE
Bagdad
Cyprus Bruce
Kenneth Lieber
Cyprus Mines Corp
Lieber
Cyprus Bagdad
Bullish long term stock outlook highlighted by market analysis
Copley News Service summary notes a bullish long term market view despite short term caution. Inflation is expected to ebb this year, with a deflationary correction possible later, followed by high business prosperity and rising stock prices. The piece lists under $20 blue chip and other undervalued stocks with varying yields.
MENTIONED IN THIS ARTICLE
Copley News
Scientific Market Analysis
New York Stock Exchange Quotations Wide Mixed Values
The 2 PM quotations show numerous NYSE issues with varied price changes. among notable names Coca Cola, Colgate, Exxon, and Merck display gains or losses while overall index movement remains modest. The AP report lists highs, lows and last prices for many issues with percentage changes, reflecting a broad but uneven market snapshot.
Arizona Stocks Show Mixed Results On Exchange Prices
Arizona companies and major regional facilities appear in New York stock listings. The Merrill Lynch report lists prices with several tickers such as APS and Patagonia showing varied high and low figures while others remain unchanged. The data reflects regional market activity and over the counter bids.
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New York. Stock Exchange
American Stock Exchange
Arizona
Scottsdate
Merril Lynch, Pierce, Fenner and
Smith High Low
Cig
APS
ArColLand
Newberry
Patagonia
Commodity price quotations from Madda Trading Company
London gold 142.30 down 0.20, London coffee 1.63 down 0.09, cocoa 2.31 down 0.01, sugar 0.10, IMM Aug gold 143.70 up 0.70, silver 4.52 up 0.05, copper 60.4 up 0.019, wheat 2.44 down 0.04, corn 2.26 down 0.14, soybeans 7.77 down 0.132, soybean meal 205.30 down 2.20, soybean oil 27.13 down 0.62, live cattle 41.57 up 0.32, live hogs 47.70 up 0.05, pork bellies 35.87 up 0.60, cotton 63.00 up 1.40. Market not closed.
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Clark KE
Uae
Bt Denys
NEW York (Ap
Dow Jones
Indus
New York Stock Exchange
Arizona
Allgid
AtoCh
EastAn Am PD Ye
Armco
Amsicq
EsKod
Asatco BO
Eaton
AshiQx
Ady—Baily Mt
BankAm BO
BellHow
Bendix
BentCo
DMR
BethSti
Borden
Abin Censow
Farind
fdFair
Gannett
Genesco UN
GaPac
uYs
Getly
Gioia
Gillette
Goodth
Grae
Wiwstadt
Iowa
Rite
Ye Merck
MesaPet
Mobd
Mohidtia
Monég
Monsen
Norton
London
London Mar
Control Data defends Soviet weather computer deal in AP testimony
Executives of Minneapolis based Control Data Corp tell a House subcommittee they did not cave in to Soviet demand for a 13 million weather computer contract. They warn the U S and world could lose vital weather data and jobs if the deal is blocked. They say administration avoided its responsibilities and stress safeguards would have prevented misuse.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
Control Data Corp
U States
House
Ana
Hugh Donaghue
Power Saver Service Drives SRP Customer Demand This Summer
Salt River Project reports 2400 households visited since April 18 for its Power Saver Service. More than 1000 energy saving devices ordered. 500 weatherstripping kits and 250 water heater jackets sold. 260 insulation upgrade orders. Free inspections, advisory help, and loan options accompany the service.
MENTIONED IN THIS ARTICLE
Salt River Project
SRP
NAU to host mid year economic outlook seminar
Northern Arizona University College of Business Administration will sponsor the first mid year economic outlook seminar for Arizona businessmen on July 15 at Little America. The program aims to aid planning for the fall and Christmas seasons and 1978 with sessions on short term national and Arizona outlook and longer term national state and northern Arizona retail trends. A practical section will show how to apply forecasts to personal operations. Registration is 75 dollars. For details contact Dr. W A Phillips at Box 15066 Flagstaff.
MENTIONED IN THIS ARTICLE
Northern Arizona University
College of Business Administration
Arizona
Little America
Frank Besnette
NAU College of Business Administration
Ariz
W. A. Phillips
Flagstaff
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