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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Mar 17, 1975
Page
5
UPI reports mixed to strong advances on the New York Stock Exchange as the Dow Jones averages push higher with notable gains in industrials, utilities, transports and several major equities including Exxon, Coca Cola, IBM, and General Electric. Investors react to ongoing market momentum and corporate updates after 2 p.m. quotations.
The daily closing shows London gold at 17775 up 50c per ounce and IMM Mar gold at 178.50 up 0.07 Apr. Copper at 57.0c lb down 0.01. Wheat 3.67 up 0.64, corn 29.75 up 0.75, soybeans 5.57 up 0.11. Live cattle 38.25 up 0.88, live hogs 40.52 down 0.18, pork bellies 65.02 up 0.92. Eggs 44.25c down 1.1c, Maine potatoes 3.40 down 0.10. Plywood 127.50 down 1.50 thousand sq ft. Cotton 41.25 up 1c. Soybeans and other commodity listings follow with various moves.
The fourth of seven workshops at Arizona State University focuses on modern women's roles in business. On March 26 from 8:00 to 4:30 in the Center for Executive Development room 101 Dr. Suzanne Cook will lead a seminar on leadership exploring leadership concepts to action, evaluation factors, what top management seeks in leaders, and each participant's personal impact.
New York based American Stock Exchange listings display mixed activity as traders scan high and low ranges. Notable names include Austral, Brasc an, Dome Petro and Husky with several percent changes noted alongside other equities in the session.
The Dow rose 3.37 to 773.47, the S&P advanced 0.46 to 84.76, and the NYSE index gained 0.32 to 44.87. Advances led declines 1,098 to 693 as 1,989 issues crossed the tape with weekly turnover at 122,193,430 shares. It was the fourth heaviest NYSE week ever, with 1975 year-to-date volume well above last year’s first quarter. Tuesday pressured the market as the Dow shed 5.24 points amid choppy trading.
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