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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 18, 1977

Page

6

Bargain hotels and apartments reshape travel value

The AP report notes cost-conscious travelers push hotel motels toward value and comfort. Stan Simonson builds Budget Motels and Hotels of America to 1300 members offering dollar-value stays with services like pools and TVs. Noel Goldblatt leases vacant Chicago apartments to travelers, aiming $250 to $400 monthly rents, expanding to Atlanta.

John Cunniff New York Stan Simonson St. Paul Goldblatt Chicago Atlanta Simonson Curtis Minneapolis Loop Allstate

Martin's Carpets and Interiors Opens at Scottsdale Village

New carpet store Martin's Carpets and Interiors opens at Scottsdale Village shopping center on 68th Street and Thomas Road. Owner Ed Martin, a former Washington retailer, runs the business with interior designer Evelyn Stapleton assisting in color and design choices. Open daily except Sunday, the store offers carpeting sheet vinyl parquet floors draperies wallpaper and upholstering.

Martin’s Carpets Scottsdale Village 68Th Street Thomas Road Ed Martin Washington Evelyn Stapleton

Stock market slips in quiet New York session

Wall Street saw a modest decline as the Dow Jones average fell 2.82 to 962.02 at 2 p.m. The NYSE listed issues led the losses slightly, with moderate volume of 13.66 million shares. The Feb consumer price index rose 1 percent, signaling a 12 percent annual rate and marking the worst showing in 24 years. Cowles Communications traded down and a 316,000 share block moved at 12. The NYSE composite eased to 55.43 and the American Stock Exchange index dropped to 112.57.

New York Wall Street Cowles Communications NYSE American Stock Exchange

Commodity Closings Report From London and IMM Markets

London and IMM markets show mixed gains across commodities with gold at 149.50 up 0.50, May coffee 3.20 up 0.05, cocoa 2.11 up 0.02, and sugar 10.9 cents. Futures for April gold 152.40 up 0.80, silver 4.94 up 0.72, copper 72.4 cents up 0.06, and grains soybeans 8.53 up 0.52. Livestock and cotton rise include live cattle 39.67 up 0.15, hogs 36.45 up 0.23, pork bellies 55.15 up 1.05, cotton 81.2 cents up 1.65. Market not closed.

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Scattered Stat Totals Show Diverse Company Performance

A digest of stock and performance figures from various firms listed in the Scottsdale Daily Progress shows wide variation in earnings percentages and AS/AV metrics. Several named companies like GenDyn and Goodyear appear with differing percentage results across multiple lines indicating mixed market activity.

Noon prices on American Exchange stocks list

AP reports selected noon national prices for American Stock Exchange issues with last, high, low, and percent changes. Entries include numerous company names such as Texaco, Exxon, Pfizer, UPS, Pepsico, and Sears along with bid and ask variations and price movements.

Wall Street Ends Mixed After Tumbling Trades

Stocks see uneven session with Dow Jones near 18,000 as tech shares and big gainers mix with declines. Market breadth narrows as investors weigh earnings and global cues, leaving major indices little changed from the prior close.

Also Mentioned on This Page

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