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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Mar 22, 1976
Page
5
Dow Jones averages list 30 industrials at 984.73 up 4.88, trans at 207.49 up 1.14, utilities 87.01 up 0.16 as NYSE prices tick through the 2 p.m. quotations. The table shows multiple issues with bid prices, highs, lows, last trades and percent changes.
London gold at 133.50 down 0.20 per oz IMM Mar gold at 134.10 down 0.20 Apr silver 4.173 10 down 0.50 Apr platinum 137.60 down 0.50 Mar copper 63.3c down 0.6c Ib Mar wheat 3.71 up 0.03 bushel Mar corn 2.68 4 up 0.04 bushel Mar soybeans 4.75 down 0.24 bushel Apr live cattle 34.70 down 0.27 cwt Apr live hogs 45.35 up 0.30 cwt Mar pork bellies 73.50 down 0.50 cwt Mar fresh eggs 52.8c down 0.15c doz May Maine potatoes 13.18 up 0.50 cwt May plywood 154.20 up 0.90 thou ft May cotton 57.85c down 1.85c Ib May sugar 15.05c down 0.25c Ib Market not closed on above items.
Business Mirror notes the Dow and broader averages barely moved despite strong data on output profits and consumer confidence. Analysts say the rally’s strength is dwindling institutional support and investor doubt, with individuals favoring Treasury securities and CDs.
Grove City College economist Dr. Hans Sennholz will speak at the Scottsdale Hilton Inn at 7 p.m. Tuesday. He will discuss the real causes of inflation and how to combat it. The lecture costs 25 dollars with a couple’s rate of 37 50 dollars.
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