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Scottsdale Progress in Scottsdale, Arizona

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Scottsdale Progress

Location

Scottsdale, Arizona, United States of America

Date

Mar 08, 1976

Page

5

Dow Jones 2 P.M. Averages and NYSE Quotations

The AP reports New York at 2 PM with Dow Jones Industrial 985.52 down 12.60, Transport 206.19 up 0.98, Utilities 86.11 up 0.32, and a broad Stock 300.09 up 2.86. The page then lists selected NYSE prices, highs, lows, and latest figures for numerous companies including Alcan, Ampex, AmAirlines, Boeing, Chrysler, Dow components, and many others, reflecting a broad market snapshot.

New York Dow Jones Indus

Commodity Closings From Madda Trading Company

Market update lists daily closing quotes from Madda Trading Company Inc. Commodities include London gold at 132.60 down 1.40, IMM Mar. gold 133.40 down 0.70, Apr. silver 4.281/5 down 0.30, Mar. copper 59.7 cents down 4, Mar. wheat 3.72 2 down 0.06, Mar. corn 2.69 down 0.14, Mar. soybeans 4.7634 up 0.06, Apr. live cattle 37.20 down 3.27, Apr. live hogs 42.67 down 0.20, Mar. pork bellies 68.87 up 0.60, May Maine potatoes 13.40 unchanged, Mar. plywood 152.00 down 0.30, Mar. cotton 69.8 up 0.6, Mar. sugar 15.9 up 0.22.

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Tax Facts on Unemployment Tax and W-2 Timing

Federal unemployment tax applies if wages reach 1500 in a quarter or an employee works some portion of 20 weeks. Rate 3.2 percent on first 4200 per employee. file Form 940 by Jan 31. deposits due if liability exceeds 100 per quarter. For W-2 timing, employer must provide copies by Feb 2 or within 30 days after last wage payment.

Copley News Service M.L.P. A Irsr IRS California J.M.B. A

Forecasting ethics and memory in business analysis

AP Business Analyst John Cunniff notes that forecasters rely on listeners' poor memories and fear of checking back. He cites Federal Reserve data on 1975 GNP, price rise, and unemployment as evidence that consensus forecasts often miss or overestimate outcomes. The piece discusses accountability and the limits of economic prediction.

John Cunniff New York Federal Reserve Bank of Richmond Economic Review

British pound tumbles as losses intensify in FX trading

The pound slid below 2 dollars in New York on Friday and fell to as low as 1.9292 amid heavy selling from Europe the Far East and the Middle East. By midmorning it recovered to about 1.9475 still down nearly 3 percent from Friday's close as dealers warned markets rarely move in one direction.

London Britain Europe Far East Middle East

Three Industries Show Signs of Revival in 1975

Three consumer sectors furniture appliances and home electronics show real sales gains despite weak housing starts. AHAM notes appliance shipments rose 17.6 percent in January from 1974, with washers up 53.1 percent and dryers 46.6 percent. furniture sold 5 percent in November and 17 percent in December after inflation.

Donald C. Bauder Copley Association of Home Appliance Manufacturers AHAM Guenther Baumgggart National Association of Furniture Manufacturers

Arizona ranching and farming a billion dollar industry

The Arizona Review says in 1975 farming and ranching in Arizona reached 1.2 billion dollars in cash receipts from crops and livestock. The split stayed 49 percent crops and 51 percent livestock with a rising share of meat demand and advanced ranching tech shaping growth.

Arizona Arizona Review University of Arizona Division of Economics and Business Research DEBR

Also Mentioned on This Page

New York Stock Exchange American Stock Exchange Caressa Royal Busa UNA Corp S.melson American Exchange Aegis Corp Jp Certron EarthRes Lalat Py Essex Ch Dia Oil Frontier Air Ta Gearhart Goldfield Cp Yo Gi Basin Houston Watlis Huskyo ImpOil Instrum Sys Jetronic Ind Juniper Pet Kaisrind LatyRad LaMaur Marshal Ind McCulo Medenco Idria Newpark Ozark Air PanOcean Phoenix Tultco US Filtr Ns Vatspar Vikoa Inc Westats WyleLab Xonics Dean Witte Business Mirror Council of Economic Advisers GNP Tsdale Scottsdale Road Bud Beck Pontiac Chuck Merino S & Vans Scottsdale (Az Daily Progress Ion KRUX the Informer J. Milton Newton, Inc SCOTTSDALE/SUNBURST HOTEL N. Scottsdale Road Bonds Financial Center North Central Ave Daytona Beach FT. Lauderdale Jackson Jacksonville Miami Orlando ST Petersburg Tampa Tucson Mitton
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