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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Oct 12, 1977
Page
6
Dow Jones industrial average closed near 822.85 with a 9.53 drop as numerous stocks showed declines. Major components included FMC and Xerox slipping, while gains were scarce across the exchange with mixed results among various sectors and large firms.
Late price quotations show gold at 158.00 up 1.20, Dec. coffee 161.00 down 3.56, cocoa 173.70 down 6.00, sugar 8.57 down 0.05, silver 4.81 down 1.50 tied to 02, copper 57.20 down 0.60, wheat 2452 down 0.04 per bushel, corn 2.075 down 0.00, soybeans 5.30 down 0.13, soybean oil 18.44 down 0.43, soybean meal 141.10 down 3.30, live cattle 40.62 up 0.05, live hogs 37.90 up 1.32, pork bellies 47.97 up 1.87, and cotton 52.47 down 0.05 per lb.
Arizona stocks listed include APS Newberry Patagonia and SWFording with mixed prices. Trading figures show High Low Last and change figures with several entries showing unchanged or minimal movement. Market details originate from Scottsdale Merrill Lynch office.
The page lists assorted stock figures with percent changes and prices for Ariz. Bank UB Fin. Corp Valley Nat. Bank Anheuser Busch and Southwest Gas among others. Trading activity appears light with several listings at unchanged or small gains.
AP listings show stock prices mixed across American and New York exchanges with bid ask quotes, percent changes, and notable ups and downs for several tickers such as AutmRad AtlasCpnt and Cant. The NYSE section highlights top gainers and losers based on percent changes, excluding below two dollars.
The Associated Press notes ups and downs in stock prices and warrants across the American Stock Exchange. Friday and Wednesday noon prices show notable changes among firms such as Tenneco, USFilr, and CrownCrt, with various percentage shifts and trading values.
The piece challenges common sleazy stereotypes of Swiss bank accounts as secret havens for criminals. It reframes the idea for ordinary investors by explaining legitimate reasons to use Swiss banks and how cautious savers can benefit from diversification and professional guidance.
A Scottsdale Daily Progress column explains why U S investors prefer denormalized Swiss francs accounts. It notes currency gains from 22 to 42.8 cents and projects possible future strength to 50 cents, with potential profits on a $2000 stake plus interest. Readers are urged to request forms from Swiss Bank Corp or Handelsbank in Zurich.
The New York market fell sharply across sectors today amid worries about rising interest rates. Investors dumped equities as losses broadened and trading volume rose, signaling renewed uncertainty in the market.
Arizona State University's Center for Executive Development hosts two one day seminars on starting and running a small business. Donald M. Dible heads the sessions with topics on starting financing profits and growth. Price is 50 dollars per session, 90 for both. bedre Shares, stocks and bond market context included.
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