This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Mar 24, 1976
Page
6
The article explains theft loss deductions require proof of ownership, theft occurrence, and basis value. It cautions using adjusted basis minus $100 limit and suggests records or jeweler appraisal. It also contrasts head of household maintenance versus dependent support and notes gains on selling personal hobby collections are capital gains, with losses non deductible.
Arthur Burns, chair of the Federal Reserve, urges Americans to scrutinize government statistics as they do product guarantees. He notes the February CPI barely rose but cautions there may be limitations or exceptions in the official data.
The article notes James V. Burns urging Congress to dissect the February price index to reveal underlying price pressures. He cites quarterly inflation rates reaching 5.1 to 7.1 percent through 1975, argues food and energy distort the index, and points to milder winter, lower fuel use, and softer gasoline as factors easing the index while warning the trend could deepen.
The New York Stock Exchange afternoon quotations show Dow Jones industrials edging higher while other sectors like trans and utilities post modest gains or declines. Large caps including Amex, Exxon, Coca Cola and General Electric appear among notable movers with varied last prices and percent changes.
The Dow Jones Industrial Average breaks through 1,000 for the first time in days as gains surge the index to 1,011.81 by 2 p.m. Investors push shares higher as the market sustains a rapid recovery and traders cite renewed optimism about a strengthening economy.
London gold 133.70 up 0.70. IMM Mar gold 133.30 down 0.60. Apr silver 4.11 down 0.125. Apr platinum 137.40 up 0.40. Copper 63.4 up 0.1. May wheat 3.66 down 0.34. May corn 2.69 up 0.04. May soybeans 4.78 up 0.05. Apr cattle 37.27 down 0.05. Apr live hogs 45.02 down 0.20. Mar pork bellies 69.50 limit down 32.00. May eggs 0.45 up 0.004. May potatoes 13.60 up 0.50. May plywood 153.20 up 1.10. May cotton 0.58 up 0.17. May sugar 0.148 down 0.003. Market not closed on above items.
James J. Edwards named manager of First National Bank of Arizona at the Scottsdale office located at 40th Street and Thomas Road. Edwards, a 16 year banker and new vice president, succeeds Thomas A. Spies who moves from Scottsdale management after a year in the role. Edwards has led metropolitan branch administration since September 1974 and joined the bank in 1960 after graduating from DePaul University. Spies, previously assistant manager then manager of Benson and Casa Grande offices, was promoted to vice president last year and serves on Scottsdale civic groups.
About 100 Dutch auto dealers will arrive Thursday for a two day stay to study Lou Grubb Chevrolet in Phoenix. They will tour the dealership and study parts service sales and computer accounting at one of the largest GM dealers in the country.
A Beverly Hills firm that handled over 13 million dollars in Navajo federal funds was placed under receivership after failing to produce nearly 5 million dollars demanded by the Navajo Housing Authority. A temporary receiver was appointed by U S District Court Judge Warren J Ferguson to take control of American Funding Corp the former Southcoast Funding Corp The housing authority said the company could raise the money in 120 days by liquidating investments but the judge rejected the plan noting no holdings substantiated the owed amount The case hinges on investment rules for Navajo funds used for low cost housing on the Navajo reservations in New Mexico Arizona and Utah and alleged improper investments outside certificates of deposit or government securities by AFC director Pat Chee Miller
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.