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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Nov 22, 1977
Page
6
New York stocks show a mixed session with the Dow Jones Industrial Average around 841.91 and the broader market fluctuating. Quotes list numerous NYSE issues with varied gains and losses, highlighting ongoing volatility in late trading.
The AP reports a noon snapshot of American Stock Exchange and New York Stock Exchange stocks with notable gains and declines. Lists show price changes in percent and dollar terms for multiple securities, highlighting winners and losers among various firms and warrants.
London gold at 156.70 down 0.30, coffee 169.50 down 2.81, cocoa 157.30 up 2.85, sugar 9.07 up 0.18. IMM gold 155.90 up 0.50, silver 4.67 up 1.4, copper 55.50 up 0.20, wheat 2.73 down 0.04, corn 2.20 down 0.03, soybeans 5.98 down 0.13, soybean oil 22.02 down 0.01, soybean meal 160.50 down 5.40, live cattle 42.07 down 0.30, live hogs 41.37 up 0.05, pork bellies 51.00 down 0.72, cotton 51.43 up 0.11. Market not closed.
Merrill Lynch provides stock prices for Arizona headquartered firms and major facilities. Entries include AZL Res 342 Be FPaunch and APS 2059 2098 202 unch with daily change. Fragmentary lines cover Newberry Wa What a Patagonia 64u 658 658 8 SW For ind Day 9 unch.
The listing shows over the counter bids and asks for Ariz Bank and Va Valley Nat Bank, with percentages noted. Anheuser Busch appears with a 20 percent indication, and Southwest Gas shows 0 percent.
AP reports a surge in departures of Fortune 500 chairmen and presidents under pressure and firing, with turnover exceeding retirement for the first time since 1948. George Jennings notes one third of large firms rebuilt top teams in five years, signaling broader concerns over governance and performance standards.
The Dow Jones Industrial Average rose to 841.91, up 5.80 points, as gainers outnumbered decliners 7 to 4 on the NYSE. Volume reached 18.08 million shares with trading past the session's midpoint. The government reported October CPI up 0.3 percent, below expectations, while durable goods orders climbed 5.4 percent on an adjusted basis, the strongest rise in seven months.
The Retailer, a contemporary art and gift shop, opens its grand opening from 5 to 9 p.m. on Wednesday at 7014 E Camelback Road Scottsdale Fashion Square. Owners Rick and Pete Kersten, Scottsdale artists, run a 3,200 square foot space designed by Ned Sawyer and built by Kealy Construction Co. of Scottsdale.
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