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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 24, 1977

Page

5

Wage settlements stay moderate amid soft economy in 1976

The Labor Department reports 1976 major settlements averaged 8.3 percent for the first year and 6.4 percent over contract life. Fourth quarter gains were 7 percent first year and 4.7 percent life. Projections for 1977 foresee about 8 percent initial gains with inflation near 5 percent and productivity up 3 percent.

Labor Department Daniel J.B. Mitchell University of California At Los Angeles School Institute of Industral Relations Cruikshank

New York Stock Exchange Endures Mixed Dow Jones Averages

The 2 p.m. quotations show volatile trading with notable shifts in major shares. Polaroid, ConEd, and Exxon display varied gains and losses amid a broad market pullback and several sectors holding steady.

New York Stock Exchange

Satra Emerges in Global Trade as Chrome Powerhouse

AP News outlines Satra a trading company led by Ara Oztemel, winner of Moscow Olympics TV rights battles with NBC and IOC. Once a major chrome ore importer since the 1950s, Satra now claims the title of the largest U.S. chrome importer amid substantial litigation over rights.

John Cunniff NEW York Satra National Broadcasting Co International Olympic Committee Ara Oztemel Soviet Union Oztemel Turkey U.S

Satra expands beyond chrome trading and motors

Ara Oztemel leads Satra a trader firm now importing minerals and metals and selling U S automotive steel to the Soviets. The company holds exclusive rights to distribute Soviet vehicles in several Western markets and plans Lada sales here next year aiming for 50 000 to 60 000 units annually. Oztemel, 50, and associates own most of Satra after fleeing Turkey in 1944 and building postwar trade ties with Eastern Europe.

Satra U.S West Germany United Kingdom Canada United States Lada Ara Oztemel Turkey War Shipping Administration Northeastern University Stone & Webster Polaroid Oztemel Soviet Union Moscow

Business Seminar in Scottsdale On Small Business Operations

A workshop titled Operation of a Small Business will take place in Scottsdale on April 5. Organized by Scottsdale Community College and the U.S. Small Business Administration with the Service Corps of Retired Executives, the event runs 8 a.m. to 2 30 p.m. in the turquoise room and charges one dollar per person.

Scottsdale Scottsdale Community College U.S. Small Business Administration SBA Service Corps of

Commodity Closings From Madda Trading Report

Prices for coffee sugar copper wheat corn soybeans and livestock listed for May and Apr contracts. Notable figures include May coffee at 241, May sugar 15480, live cattle 38.62 and hogs 35.42 per cwt. Market not closed.

London 2C. Inc

Stocks Fall Moderately On Rate Worries And Energy Plan

The Dow Jones industrial average slipped 3.07 to 939.25 by mid afternoon as losses outpaced gains 7 to 4 on the NYSE. Volume reached 12.79 million shares with persistent inflation worries and uncertainty over President Carter's planned energy program on April 20 weighing on sentiment. Sony led the active list, dropping around 10 percent amid large block trades on the Boston Stock Exchange.

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Also Mentioned on This Page

Donald C. Bauder Copley News Service Conference Board Voices From Labor George Cruikshank Morgan Guaranty Trust Co WnAird WnBnc Wunion WestgEl Weyerhr WhitCon American Exchange Business 8 Scottsdale (Az Daily Progress Business Mirror Madda Trading Company Inc Chicago Mercantile Exchange Sun City Area MJ. Lazarus & Associates Welcome Aboard Travel Good Eats Cafe Gulliver’s Traveis N. Brown Ave N. Scottsdale Rd Bnog Fourtain & Food Service VR Hed
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