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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Mar 25, 1977
Page
5
The AP list shows NYSE stocks and warrants with the biggest percent gains and losses for Friday. It excludes securities under $2. changes reflect the difference between prior close and noon price.
The Salt River Project sold 125 million dollars of municipal revenue bonds at an effective rate of 6.1048 percent. Proceeds fund improvements at electric facilities including Coronado, Craig, and Palo Verde Nuclear Station. Purchasers include Kidder, Peabody, First Boston, Bache Halsey Stuart, Goldman Sachs, and Merrill Lynch.
Robertson Factories Inc a national drapery firm builds a 30000 square foot plant at Fountain Hills Science and Industry Park. The $380000 project covers 4.5 acres south of Shea Boulevard and is slated to open August 1. Headquartered in Taunton Mass the company operates 10 plants nationwide with Saguaro State Development Co. as general contractor and Nelson Kubicek of Phoenix as architect.
London gold at 153.25 dollars per ounce up 1.00. May coffee 3.12 up tc. May cocoa 1.65 down Sc. June gold 154.90 up 0.20. Apr silver 4.875 down 0.0. May copper 0.706 down 0.01. May wheat 2.80 up. May soybeans 8.66 up 0.20. Soybean meal 239.00 up 2.50. Soybean oil 0.2795 up 0.0005. Apr live cattle 38.52 down 0.10. Apr hogs 34.90 down 0.52. May pork bellies 52.15 down 1.67. May cotton 0.8125 up 0.39. Market not closed.
The Dow Jones at 932.60, down 3.07, extending a six session slide. Declines outpace advances 7 to 5 on the NYSE with 10.95 million shares traded as investors fret over Carter inflation plan and energy program. Sony led declines at 10 percent, Sperry Rand down 1 percent, with a 100000-share block traded at 37. The NYSE composite index slipped 0.12 to 54.13 and the AMEX index fell 0.06 to 112.07.
The Northern Trust Company of Arizona promotes Living Trusts to simplify asset management, avoid probate, and keep family finances private. Local officers at 44th and Camelback Phoenix handle all record keeping and investment tasks with Chicago backing for over 9 billion in trust assets. Robert A. Williams Jr. invites inquiries with a free brochure.
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