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Scottsdale Progress in Scottsdale, Arizona

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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

Scottsdale Progress

Location

Scottsdale, Arizona, United States of America

Date

Mar 13, 1974

Page

6

Stocks close higher amid modest gains in New York

Stocks rose modestly in moderate trading led by the Dow up 4.46 to 891.58 and the S P 500 up 0.42 to 99.57 as 1,761 issues traded, with 7 gainers to 5 decliners and about 17 million shares changing hands. Oil ministers from nine Arab states began talks in Tripoli on possible oil embargo relief. Avis, Inc. shares posted a strong session gain.

New York UPI Standard & Poor Tripoli United States American Exchange Avis, Inc

NYSE Close Lines From a Turbulent Trading Day

Selected stocks on the New York Stock Exchange closed with mixed gains and losses led by prominent firms such as Allied, Exxon, General Electric, and IBM. The report lists numerous price changes and percent shifts across sectors, highlighting market volatility and investor activity in late trading.

Stocks mixed on American Exchange trading session

Selected issues on the American Stock Exchange showed varied results with Petro, ArkLaG, and Circle-K among notable movers. Trading ranged from low to high with many stocks posting double digit percentages and several near daily highs or lows.

Wall Street Chatter Forecasts Market Fluctuations

UPI reports analysts from E F Hutton and Wiesenberger Services caution the market is not weak but not as strong as recently. They predict possible large declines before a primary low, with Dow Jones near 700 and S P 500 around 82, implying up to 20 percent capital losses from March levels.

New York UPI E.F. Hutton & Co, Inc Wiesenberger Services, Inc Dow’ Jones Standard & Poor

CARB-MISER Co Box 2655 Capistrano Beach Cal

Box 2655 Capistrano Beach California 92624 listed with street address 3445 Via Gomez.

The Capistrano Beach Cal Gomez

Dow Jones Averages Rise as Volume Tops 16 Million

Dow Jones closing averages show gains with 30 Industrials at 891.58 up 4.46, Transports 196.84 up 0.38, Utilities 94.10 up 0.19, and Rails/Stocks index at 282.49 up 1.06. Trades totaled 16,280,000 shares.

Dow Jones Indus

Commodity closings and price quotations

Closing commodity price quotations from Fred Schaffer of Bache & Co Inc include May silver at 5.69 up 0.03, April platinum 215.00 down 3.50, May copper 1.13 Tb unchanged, May corn 3.05 up 0.01, May Wheat 5.32, May soybeans 6.51 up 0.09, April cattle 44.40 down 0.65, April ses 36.20 down 0.65, April ses 51.90 up 0.40, May Maine potatoes 15.45 down 0.35, May cocoa 69.50 up 0.02, May coffee 72.60 up 0.005, May plywood 139 thousand sq ft unchanged.

New York UPI New_York Jstock Exchange Admiral Cp AligLud Allid Ch Va AlliedSt Allis Cha Ve Alcan AmHes Am Airlines Abrand AmCan Va Am Stud AmStor Amt&t Apeco Corp Armcos Va Arms Ck Assoc Trans Richard Atlas Corp Avco Corp Avnetinc Bath&wih Baker Oil Bangor Bath Ind Fds Bell Hwl Bendix Benguetx Bourns Inc Braniff BrGrup Brunswk Wie Budd Co Bulova W Burroughs CentTi CerroCorp Cessna Chris. Craft Chrysir COL Gat omSolv LearSleg LTV Corp Lucky St Luken Sth Lyke Yoss MacMill Macy Magna MayerOs Maytag McCroy McDond McGrEd McLean Va Mead Cp Merck MGM MMEM Monsanto Morgjp Morrsk Motorola Nabisco NatAir NatCash NatSteel PepsiCo Fe Pfizer PhilPet Ralston Raython RCA Corp Repid Va Riviana Robshaw Rochg V Royal CC Royid Safewy Va StroMn StRegis Sander Asso Schering Schlumb Scott Pap Sears SheliOll SierraPc Signalc E— Va LimusCo Singerc SmithKline SouthCo SoNtRes SoPacif Tandy Corp Ya Teledyne Texacolnc Maine

Scottsdale firm Dickson Electric sold to Siemens unit

DEC Corp. Dickson Electronics, a 14 year old Scottsdale operation with plants in Mesa and Agua Prieta Mexico, was bought by Siemens through Siemens Capital Corp. for 8.7 million dollars. Shareholders will receive 13 dollars per share. The company will change name to DEC Corp. but keep operations, staff, and locations for now.

Dickson Electronics Corporation DEC Corp Siemens West Germany U.S Siemans Capital Corp Dover Delaware Dickson Don Dickson Scottsdale Dickson Electric Dick Rudolph

Motorola to Sell Home TV Receiver Unit to Matsushita

Motorola Inc agreed to sell its home television receiver business to Matsushita Electric Industrial Co Ltd of Japan. The sale includes the Franklin Park Pontiac and Quincy Illinois production sites with Motorola to run the Quincy plant for two years. Other Motorola units remain unaffected and proceeds fund the remaining operations. The deal awaits final contract terms and Japanese government approval with expected closing in April.

Motorola Inc Matsushita. Electrical Industrial Co Japan Pontiac Quincy Illinois Motorola

Valley National Bank launches Guaranteed Deposit service

Valley National Bank begins offering Guaranteed Deposit in the Phoenix metro area after a year of testing in Sun City and Mesa. The program auto-deposits monthly Social Security checks into a customer's checking or savings account on the exact day, even if they are traveling.

Valley National Bank Phoenix VNB Sun City Mesa Tempe Glendale Carefree Cave Creek

Electric railroad to be dedicated in Page ceremony

The nation's first 50 kilovolt electric railroad will be dedicated Friday in Page. The Black Mesa & Lake Powell Railroad runs 78 miles from the Kayenta Mine to the Navajo Generating Station and is fully automated in three locomotives. SRP General Manager Rod J. McMullin will preside as master of ceremonies. Participants include Arizona Public Service Co., Los Angeles Department of Water and Power, Nevada Power Co., Tucson Gas & Electric Co., and the U.S. Bureau of Reclamation.

Page Arizona Public Service Co Los Angeles Department of Water and Power Nevada Power Co Tucson Gas & Electric Co U.S. Bureau of Reclamation

Also Mentioned on This Page

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