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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Mar 27, 1975
Page
5
New York trading session shows Dow Jones averages led by gains in industrials and transports. Major tickers including Am Airlines Am Motors Exxon and CocaCola register upswing as volume nears 15.3 million shares.
West Coast division of Loeb Rhoades boosted capacity by about 600 percent in California and Arizona as rivals cut staff. Phoenix opened a sixth office in 1974, doubled sales staff, and saw Floyd McCracken named vice president. The firm added 112 registered reps nationwide and expanded corporate, municipal, and retail sales operations.
British lighthouse keepers complain foghorn noise disturbs sleep prompting installation of double glazed sound proof windows at lighthouses along the coast to reduce nighttime racket and improve rest for the staff.
London gold at 176.75 down 0.50 per ounce. MM June gold 178.70 down 1.70. Apr silver 84.152 down 0.02. Apr platinum 151.40 down 1.10. May copper 0.62 up 0.01. May wheat 3.7434 down 0.24. May corn 2.942 down 0.06. May soybeans 5.95½ down 0.31. Apr live cattle 41.20 up 0.28. Apr live hogs 42.00 down 0.37. May pork bellies 71.75 down 0.07. Apr fresh eggs 38.8 down 0.6. May Maine potatoes 3.15 up 0.06. May plywood 132.70 up 0.30. May cotton 427.44 down 0.18. May sugar 25.45 up 0.45.
Valley business figures Richard B. Howland of Paradise Valley and Robert C. Matthews of Scottsdale have been elected to Clica Industries board. Other brief items note local agents at John Hancock conference, Toro Company honors for irrigation design training, Midland National Life agent Wilmeth, Mountain Bell retirement plan alert, IRA availability at Valley National Bank, ASU salesmanship film series, and Mountain Hills Chamber of Commerce officers and directors for 1975.
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