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Scottsdale Progress in Scottsdale, Arizona

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

Scottsdale Progress

Location

Scottsdale, Arizona, United States of America

Date

Mar 12, 1974

Page

5

You and Your Money on E Bonds and Stocks

A reader asks about E Bonds as a safe education fund. The advisor says E Bonds offer security but not highest returns, notes higher yield from Missouri Edison and Missouri Power and Light bonds, and explains par value and tax-free dividends for Boston Edison.

Judith G. Rhoades Q D.M.D Columbia Mo. A Missouri Missouri Edison Missouri Power and Light Boston Edison L.C Boston Mass. A

Bank Holds Up Soviet Loans Amid Legal Review

The Export-Import Bank suspended processing dozens of new loans to the Soviet Union and three other Communist states Russia Poland Romania and Yugoslavia pending a GAO ruling on legality. Bank officials say financing to Communist countries may proceed if the White House deems it in the national interest. Some Congress members with GAO support argue a required determination is needed for each transaction.

Washington UPI Soviet Union Russia Poland Romania Yugoslavia General Accounting Office GAO White House Congress Kringle United States Nixon Cost of Living Council

Phoenix Seeks Affirmative Action Plans for City Contracts

City of Phoenix requires construction contractors and subcontractors bidding on projects over 10000 dollars to submit an affirmative action program. Richard Flores of the Human Relations Commission notes it aims for equal employment and mirrors federal rules. A memo from City Engineer James Attebery directs filings to Franklin Weinberg at 332 West Washington Street Phoenix 85003.

City of Phoenix James Attebery Human Relations Department West Washington Street Phoenix Franklin Weinberg

Cement shortage fuels diversification in cement firms

UPI reports cement shortages drive firms to diversify as demand outpaces production. Lone Star Industries headed by John Kringle notes no national cement market due to transport limits and tight imports, with 60 regional markets. Citadel expands output in the Southeast with a French partner while Lone Star widens into retail, hardware, carpets, and international developments.

John Kringle Lone Star Industries, Inc First National City Bank U.S. Bureau of Mines Lone Star Citadel Hawaii Argentina

Stocks Slip at Close On Narrow NYSE Trading Day

On the New York Stock Exchange today traders saw minimal moves as the Dow edged lower and then recovered. The index stood around 887 after a 1.40 point drop late morning amid news the Soviet Union broadcast Arabic appeals to sustain the oil embargo against the United States, before rebounding to near flat around noon.

NEW York UPI New York Stock Exchange Va Alleg Cp Aliglud Allid AlliedSt Allis Cha Alcoa Am Airlines AmBrest Amt&t Apeco. Corp Va Arms Ck Richild Atlas Corp Avco Corp Avnetine Bath&Wi BO Ye Baker Oil Bangor Pn Bath Ind Bell Hwi Bendix Dvat Benguet Black&d Boeing Ye Boise Cas Wwa Va Borden Borg Va Bourns Inc Uy Braniff Wva Va Briggs S Bris My BrGrup Brunswk Wa Wat Bucyrus Budd Co Bulova W Wat Va Bunkerr API U Us Australi Va Crw Dixlyn Corp OKC Corp 1 Va O Okie Statham Ins STP Cp Syntex C Utah Vikoa- Incor Je Ae Ve Yates Indus Soviet Union United States Dow

Wall Street Chatter on 1974 Market Shifts and Oil Outlook

Wall Street analysts call for patience with profits and stress total return through dividends as inflation taxes affect spirits. They anticipate Arab oil ministers meeting decisions could spark a market upthrust, with blue chip stocks favored for 10 to 12 percent returns over two years.

New York UPT Standard & Poor’s Corp Hornblower & Weeks-Hemphill, Noyes, Inc

Market Averages Dip As Trading Slows

Dow Jones industrial average closes at 887.12, down 1.33 points. Transport and utility gauges slip while stocks fall 0.39. Total volume reaches 17.25 million shares as the day ends.

Se Gillette e+ Ve Global Mar Va Goodric GoodyrTir Atvat Grace Grand U Gt A&p Tea Ginnek GtWsFin Ye Gt West UN Gryhd Gulf Oll Gulf&Ws Ye Harris Heinz H idealBasic Perial INA Cp einspCop jenHarv T&t Mtek Corprin Jon Logn WVU Vo Kayserr Kennécot Kerr Mc ScottPap Sears Ve ShellOll SierraPc SimusCo Va Singerc Hs SmithKline ae 'a ertDrg .65 23 288 30% 29% r— Ih StewWn 1.92 8 nv 205 294 25+ Ve StudeW Os Tandy Corp TraneCo Unocal Uniroyal U Alrer Os Ve . UnCorp Indus US Steel UniTel Utah WsBanc Wunlon Weyrhas Zale Corp Zayre Corp -3 Zenithr Zurn Ind Dow Jones

Ford loses white discrimination suit at Detroit court

White Ford plant worker Richard Weiss won a 50 000 judgment against Ford Motor Co after alleging race biased supervisors and company conspired to fire him seven days before a union election. Jurors found Ford violated Michigan Civil Rights law and caused humiliation and loss of office.

Detroit UPS Ford Motor Co Harry Philo Richard Weiss Weiss United Auto Workers Ford Rouge Grady Glenn Williams Wayne County Michigan

Also Mentioned on This Page

Great Neck N.Y. A Curtiss Cyprus DanRivr Deere Del Dresser DuPont Easca Co Estra Esmark EthylCorp exCell O Exxon Y Faberge Ae FairCam Va “ Fairmtf Farah Mig Fervd Cp Tva Yo Fleming GAC Corp Gannett bVat Va Gn Steel-Ind Va Kopper Kraftco Kresge Kroger LearSieg Libby McNi Lockheed India Corp Macy He Marcor Va Maytag Ve McCroy McDond McGr HI McLean Mead Cp Merck American Exchange Mm&m Va Mobil Oil Va Monsanto Morrsk Motorola NwBen Nortop St Olincorp Omarkin Via Va Or Rcki Otis el Ave A— Va Owencf Owenlli Va PacPetrl PacPwr Pan Am Panhandle Enn Cenir PepsiCo Va Pfizer Phelp Eerie Ie PhilPet Pitney QuakCat Ralston Va Raython Rey Ind Riviana Va Robshaw Rochg Rockwell Royal CC Royld StRegis E— Ve Sander Asso Sang Ele SaFin Schering Schlumb Leroy Pope Wall Street Indicator Digest, Inc Palisades Park N.J Rankin Continental Bank FDIC Fountain. Hills Fountain Hills McCulloch Properties, Inc Phoenix Area Bashas Henry Alper Stottsdale Daily Progress Tues Scottsdale Ansafone 610 Dictaphone Mme OMAS Dictaphone Corporations Rye Hughes -Calihan Corporation N. 16Th St. Phone Tucson E. University Blvd Tussen
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