Stocks Jump As Market Surges Across Broad Front
Stocks rose broadly with heavy trading as the Dow gained 20.73 to 651.75 by midafternoon. The day followed a strong rally and included comments on campaign finance reform and desegregation debates.
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 10 articles. Subscribers can read the full text of each article.
Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Oct 10, 1974
Page
1
Stocks rose broadly with heavy trading as the Dow gained 20.73 to 651.75 by midafternoon. The day followed a strong rally and included comments on campaign finance reform and desegregation debates.
Readable parts describe hot conditions with sunny skies and high temperatures near the mid 90s. Clouds may form later, with highs Friday in the low to mid 90s and ongoing heat through the period.
City workers placed signs on Scottsdale Road near the Camelback Road intersection directing drivers to avoid the construction zone. Aimed at easing congestion, signs advise detours via Chaparral Road for northbound and southbound traffic, with completion expected by early December.
President Ford told his 11 cabinet secretaries that current reductions are insufficient to meet a target of 300 million or less in 1975 spending and asked for new plan submissions. He urged urgent action and directed Budget Director Roy Ash to work with agencies to find further cuts.
An eight member jury ruled Scottsdale must pay about 1.6 million for taking Desert Springs Water Co. The verdict covers going concern value 194000 overhead 212521 and organization costs 16000 while denying value for the certificate of necessity and a leased well. Desert Springs retains part of the system in Phoenix and was founded in 1952 by G R Herberger.
The Scottsdale School District plans to buy 24 acres at 56th Street and Cholla Street for 202 800 to build a future elementary school. The purchase awaits school board approval while Parks Dept may buy six acres next year for a joint use park. Westcor promises 75 000 toward the land in exchange for giving up a 10 acre site in Paradise Valley.
The Maricopa County Board of Supervisors approves design of four lane bridges over the Indian Bend Wash on McKellips Road and Princess Drive to connect Scottsdale and Tempe. Each bridge will handle about 6,000 cu ft per second and be built under Army Corps of Engineers channel work.
Rural Metropolitan Fire Department chief Lou Witzeman seeks a 2450 square foot station on one acre at Tatum Boulevard and Mockingbird Lane to serve Paradise Valley residents. Planning commission recommended denial 5 to 1 citing opposition from about 50 attendees. Council meeting October 24 could revive the proposal as existing Scottsdale stations cover the area.
Larry Bell of the Scottsdale Federation of Teachers says principals oppose tying school board policies to teacher contracts and vows to seek contract-based clauses on class size loads and transfers. Tom Smith of the Scottsdale Affliated Administrators doubts the plan could lock in policies harming education amid a looming budget crunch.
Scottsdale council heard a plan to beautify and improve traffic on a Scottsdale Road downtown stretch including a raised median and landscaping funded by a $600000 redesign. Dr. Richard Bauman said business owners would maintain planters while paving occurs, as part of a comprehensive downtown study covering 68th Street to Osborn Road and linking crime, buildings, and traffic data to guide improvements.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.