Motorola names new vice president appointees
Motorola Inc announces new vice presidents across divisions including two Semiconductor Group leaders David W. Hickie of Scottsdale and Charles E. Thompson of the Americas marketing director. Pasquale Pistorio of European operations also joins. Hickie, a Manhattan College and NYU MBA alumnus, has worked at Motorola since 1962 with prior planning roles.
MENTIONED IN THIS ARTICLE
Motorola
Semiconductor Group
E. McDowell
Motorola Inc
David W. Hickie
Scottsdale
Charles E. Thompson
Americas
Pasquale Pistorio
Geneva
Switzerland
Communications
Chicago
Hickie
Manhattan College
New York University
New Ventures Group
Motorola veteran Thompson moves to new role in 1976
Thompson joined Motorola in 1969 as manager of information systems and led the semiconductor division’s material and information management. Since May 1975 he has held his current position. In other moves, Richard A. Reese joins Kitchell Contractors as vice president for construction management services and Nancy Kelly becomes leasing manager at Pure Buick in Scottsdale.
MENTIONED IN THIS ARTICLE
Thompson
Motorola
Semiconductor Division
Richard A. Reese
E. Lafayette Blvd
Kitchell Contractors, Inc
Reese
Donald R. Warren Co
Los Angeles
San Jose State College
UCLA
Kitchell
Nancy Kelly
Pure Buick
E. McDowell Rd
Kelly
Kool Radio and Television
Dow Jones Averages and National Stock Prices Reported
AP lists Dow Jones averages at 2 p.m. for Industrials Transports Utilities and 65 stocks with gains. The national price sheet shows many NYSE issues with last prices, highs, lows and percent changes across numerous company names and sectors.
Market snapshot shows varied gains and losses across listings
The AP report lists noon prices across numerous stocks and bonds with tickers and percent changes. Key names include Aegis Corp, AtlasCM, Austral Oil, Megolnt, and DynAmer, among others, reflecting a broad mixed performance on the American Exchange.
Commodity closing prices from Madda Trading Co
London gold 133.75 down 2.75. IMM Dec gold 135.80 down 1.40. Dec silver 4.51 down 0.43. Jan platinum 159.50 down 3.20. Dec copper 58.9 cents down 1.9. Dec wheat 2.554 down 0.09. Dec corn 2.37 down 0.10. Nov soybeans 6.46 down 0.23. Dec soybean meal 177.20 down 6.40. Dec soybean oil 22.48 down 0.52. Dec live cattle 41.12 up 0.20. Dec live hogs 32.95 down 0.87. Feb pork bellies 49.05 down 1.40. Dec fresh eggs 68.75 cents down 1.1. Nov plywood 183.00 down 1.00. Dec cotton 81.05 cents. Market not closed.
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Market gains offset by light volume amid Veterans Day
The Dow rose to 926.28 by midafternoon, up 2.24, after a six day slide tied to the November election. Trading was light on a Veterans Day with many banks closed, while market breadth was about even and caution persisted over the economy and Carter’s potential measures. Chrysler fell to 17 as it plans temporary plant closures due to model inventory swell.
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New York
New York Stock Exchange
Carter
Price of seat on Exchange plummets
AP analysis notes NYSE seat value fell from 515000 in 1969 to 50000 this week. Brokers and investors face a cooler market as participation wanes and commissions shrink. Regulators push for broader access and a unified central market, casting doubt on seat value and Big Board membership limits.
MENTIONED IN THIS ARTICLE
John Cunniff
NEW York
Times
New York Stock Exchange
USDA ups corn crop forecast as retail sales slide
The USDA raised this year's corn crop forecast by 3 percent to a record 6.06 billion bushels, helping keep meat and dairy prices down. Retail food costs are seen rising about 3 percent this year and into next summer, while October retail sales rose only 0.3 percent after seasonal adjustment and September sales were revised lower. Railroads seek a 4 percent general freight rate increase.
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U.S. Department of Agriculture
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Commerce Department
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