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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Mar 21, 1975
Page
6
On the NYSE and AMEX, prices drift lower as profit taking returns after a strong run this year. The Dow dips about 0.70 to 763.30 near 3 p.m. EDT with 780 declines and 513 advances across 1,730 issues.
Ed Mahurin reports on USDA crop prospects and market reactions. Corn acreage at 96.8 percent of last year, soybeans 105.7 percent, spring wheat 91.1 percent. Traders sold earlier positions as prices slid, with some late-week bullish export news from India under PLASO. Cattle and hogs face storage data and quarterly pig crop insights as prices drift. Copper futures rise while gold and silver trend downward in a weak metal market.
Market indexes showed mixed movement with small gains and losses as traders weighed economic data. The report lists shorthand figures for Dow Jones components and daily percentages, reflecting cautious investor sentiment.
New York Stock Exchange intra day quotations show price and percentage figures for numerous firms across sectors. Trading at 2 p.m. include Mobil Oil Motorola Nabisco Pfizer PepsiCo Pan Am Air Penn Central and others with varying gains and losses shown alongside percentage changes and share values.
Prices listed from London gold to May sugar show mixed moves with gains in corn soybeans cattle hogs and pork bellies while eggs and copper slip May cotton and sugar rise and dairy and metals show declines Market may still be open on some listings for further changes and confirmations.
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