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Scottsdale Progress in Scottsdale, Arizona

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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

May 08, 1974

Page

6

Arizona economic garden shows growth tainted by weeds

Dr. Harold Fearon of Arizona State University cautions that while April data show rising production employment and inventories, softening new orders and high prices plus delivery problems threaten the economy. He warns inflation remains the key challenge and price hikes may surge as controls lift.

Arizona Harold Fearon Arizo State University the Purchasing Management Association of Arizona Fearon ASU

What merit of options in the stock market explained

Judith G. Rhoades outlines how options function in two markets the Chicago Board of Options Exchange and the OTC market. The article defines a call option, explains its periods and dates for board and OTC trades, and lists reasons investors use calls for speculation protection and leverage.

Judith G. Rhoades Chicago Board of Options Exchange Mr. Smith Mr. A

Stock prices rise modestly on quiet NYSE trading

Stocks were mixed as inflation and higher interest rates cooled investor conviction. The Dow gained 3.52 to 850.67 while the S and P 500 rose 0.17 to 91.63, with decliners ahead of advances by seven six. About 11.8 million shares traded, above the prior day.

NEW York UPI New York Stock Exchange Standard & Poor

New York Stock Exchange Closing Quotations Summary

Readable excerpt shows executives and companies trading on the NYSE with price ranges and percentage changes. Firms named include Air Prod Alcan Alcoa Amex AmBankers AmOth numerous equities listed with highs lows and close figures reflecting market activity in late trading.

New York Stock Exchange

Market poised for major bull move as rates deter buyers

UPI reports E. F. Hutton notes a sold out market with volume sluggish and rates high. Blue chips outperform other issues, signaling quality stocks could lead a new broad advance. The Predictor of West Hartford says the market nears end of a leasing phase and shift to a major bull movement.

New York UPI E. F. Hutton & Co West Hartford

Dow Jones Averages Report Edges Up

Dow Jones closing averages rose across sectors with the 30 industrials at 859.99 up 3.84, transport index at 172.93 up 0.23, utilities at 78.44 up 0.44, and the 65 stocks composite at 208.84 up 1.00. Volume traded was 11.85 million shares.

Inste GenMill Gerber Getty Gmodcic Ve. Goodyrwirt Va Grace GtMek GtWest UN Harrahs Harris HecaMin Heinz H Hercules Hershey HeubleiIn Hewitt P Hilton Hil Hobart Dow Jones

American Exchange Stock Highlights Close Narrow Gains

AAMERICAN Exchange listed shares on the New York floor closed with uneven results as several names posted small gains. Notable movers included Petro, BrasCan, Circle K, and Creole. Trading mixed despite 1% to 22% intraday swings with several issues ending higher by day’s end.

Commodity closings and price updates from May

Today's closing quotations show London gold at 159 down 2.50, May silver 5.37 up 0.07, copper 1.37 1/10 up 0.05, May corn 2.58 up 0.07, May wheat 3.62 up 0.13, May soybeans 5.40 up 0.09, June live cattle 41.70 up 1.05, June live hogs 30.30 up 0.65, June fresh eggs 39.10 up 0.02, May cocoa 1.04 up 0.02, May coffee 0.70 up 0.01, May plywood 125 up 2.50.

London

Motorola names Connors to board at Chicago meeting

Thomas J. Connors named as one of three new Motorola board directors at the annual stockholders meeting in Chicago. Connors, 44, leads Motorola SPD formerly based in Scottsdale and has driven the division into the worldwide semiconductor market. SPD is Arizona’s largest private employer with facilities in Phoenix Mesa Scottsdale and Tempe and leads US sales of semiconductors.

Motorola Chicago Thomas J. Connors Semiconductor Products Division SPD John T. Hickey John F. Mitchell Communications Robert W. Galvin Connors Scottsdale Arizona Phoenix Mesa Tempe

Also Mentioned on This Page

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