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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Nov 17, 1977
Page
6
New York stock quotes show the Dow Jones Industrial Average at 833.77 down 3.29 while the Transport and Utilities sectors edge higher. Numerous big names including IBM and Goodyear appear in the late afternoon page, reflecting a broad market with mixed sector results and fluctuating prices.
Arizona firms show varied moves with some listings holding unchanged. Highlights include APS at 20 percent, Del Webb near unchanged, and Valley Nat. Bank trading around 19 to 20 percent. several small over the counter bids note minor activity.
London gold quoted at 159.25 up .75 per ounce. Dec. soybeans 6.07 down .09. Dec. copper 55.60 up .30. Dec. cotton 51.64 up .32. Live cattle 41.92 up .22. Hogs 40.45 up .30. Soybean oil 21.12 and meal 161.90 down 2.80. Wheat 2.275/2 down .043. Corn 2.254 down .01. Sugar 8.51 down .10. Dec. gold 160.80 up 2.40. Market not closed.
The American Stock Exchange listing shows varied prices for numerous issues with numerous percent changes. Figures include dozens of company symbols and values presented in a dense table format.
New York prices edged lower as traders awaited Federal Reserve data on the money supply. The Dow Jones industrials fell 3.29 to 833.27 with more decliners than advances on the Big Board, while volume reached 16.88 million shares as analysts weighed potential signs of tighter credit ahead. The NYSE composite slipped to 52.44, and the AMEX index held at 118.75.
Marshall's Sporting Goods will celebrate its grand opening on November 25 at 1843 N Scottsdale Road in the Alpha Beta Thrifty Shopping Plaza. The 2000 square foot store, designed by Lozier Store Fixture Co, is owned by Howard Marshall and offers athletic gear for individuals and teams with apparel, footwear, T shirts, and on site shirt printing. Grand opening prizes include racquets and a jogging suit with daily hours 10 am to 8 pm weekdays and Saturday 10 am to 5 pm Sundays noon to 5 pm.
A slate of ten candidates seeks six Scottsdale Chamber of Commerce board positions. Ballots mailed to members must be returned by 5 p.m. Wednesday. Ten names include Allan Brown Agnes Edwards Duane N Fifer Dennis June Bill Mack Paul Messinger Arthur D Nelson John A Smith Tom Van Sickle and Merlin R Webb. Board retreat at Carefree Inn previews next year’s work plan and long range planning.
John A. Howard, ex head of Rockford College, told a Scottsdale audience that Americans must reverse social trend to prevent liberty turning to tyranny. He urged corporations to pressure groups they fund, including universities and media, to uphold voluntary codes of conduct and warned that a free society requires disciplined citizens.
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