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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Mar 02, 1976
Page
6
New York AP stock table shows Dow Jones 2 p.m. averages with Industrials around 982.76, Transports 206.63, Utilities 87.49 and the broader Stocks index near 300.37 on a day of mixed national prices and notable price movements across numerous listed issues.
New York The stock market rose as the 2 p.m. Dow Jones average gained 7.40 to 982.76. Gainers outpaced losers on the NYSE as trading picked up. Analysts cited Federal Reserve moves as easing the downtrend in rates and signaling only modest tightening. United Brands was active with a large block traded at 92. The NYSE composite index rose to 53.76.
London gold at 131.00 down 1.00. IMM Mar. gold 131.60 down 0.03. Mar. silver 4.12 3/10 down 0.39. Apr. platinum 137.00 down 1.00. Mar. copper 58.1 cents down 0.5. Mar. wheat 3.84 up 12 1/2. Mar. corn 2.6724 down 0.03. Mar. soybeans 4.73 down 5.34. Apr. live cattle 37.22 up 1.07. Apr. live hogs 42.70 up 0.35. Mar. pork bellies 65.65 down 0.07. Mar. fresh eggs 51.4 cents up 0.25. May Maine potatoes 13.13 up 0.50. Mer. plywood 158.30 up 1.90. Mar. cotton 61.2 cents down 1.47. Mar. sugar 13.9 cents down 0.96. Market not closed on above items.
Phoenix Advertising Club selects Jan Weir of Denver to judge its creative copy contest with a $150 cash prize. Preliminary judges include Don Campbell C Van Haaften and Ardelle Coleman Whitehead who leads the effort. Entries from Maricopa County pros are due by April 1 with up to five submissions per entrant.
Salt River Project executives John R. McNamara and Leroy Michael receive assistant general manager titles. McNamara becomes AGM for power overseeing construction liaison, power construction and maintenance, power engineering and power operations. Michael becomes AGM for law resources and land directing land management, legal services, and power resource development.
Taxable benefits include company funded unemployment funds union dues unemployment severance lump sum paid for contract cancellation and other specified payments. Deductions cover employment agency fees those paid to secure work and fees for required physicals and professional or union dues. State and local tax deductions depend on year and refunds. Patent basis depends on acquisition method cost if purchased or government origins including production costs.
Bobby McGee's Conglomeration reports its corporate offices in Phoenix announce the company reached $1 million in sales for January. The chain runs seven restaurants across Arizona Texas California and Hawaii including one at 7043 E McDowell Rd Scottsdale.
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