Ford’s two way plan boosts business with tax credits
President Ford’s anti inflation and anti recession tax program blends a 5 percent surtax on business profits with a 10 percent investment tax credit to spur modernization. The credit, not a deduction, could refund unused amounts over three year periods, rewarding firms that invest in new equipment and capacity.
MENTIONED IN THIS ARTICLE
George J. Marder Washington
UPI
Ford
Federal Treasury
Kennedy
Iit
A. N
NYSE Quotation Snapshots With Wide Stock Picks
On the New York Stock Exchange at 2 p.m. a wide list of stocks shows varying prices, highs, lows and recent last quotes. The table features many large firms such as Allied, Alcoa, AmEx and Coca Cola among dozens of others, revealing broad market movement and notable price ranges.
Wall Street Sees Bearish Hurdles Ahead and 1975 Outlook
Wall Street analysts from Abraham & Co and Dean Witter forecast muted gains and a weak first half of 1975. They expect Dow resistance around 675 to 685, flat to falling earnings in 1974 with a 15.2 percent revenue rise in 1975, and inflation lingering to constrain profits. Continental Bank of Chicago notes tight money and high rates threaten activity but sees relief for the hardest hit sectors.
MENTIONED IN THIS ARTICLE
Dean Witter & Co
Continental Bank of Chicago
Federal Reserve
Expo 74 may end ahead or face loss in final days
Spokane report says Expo 74, the environmental fair, could be $100000 ahead or a dead loss depending on attendance in the final 20 days. Official tally shows 4,672,711 visitors over 163 days, 350,000 short of the five million needed to guarantee financial clearance.
MENTIONED IN THIS ARTICLE
Spokane
Wash
Upi
Commodity Closings Report From Madda Trading
London gold at 155 dollars up 0.75, Jan silver 4.69 up 0.12, Oct platinum 178.90 up 1.90, copper 0.64 up 0.021, Dec wheat 5.17 down 0.02, Dec corn 3.88 up 0.01, Nov soybeans 8.684 up 0.01, Oct live cattle 41.05 up 1.00, Oct live hogs 40.40 up 1.50, Feb eggs 63.85 up 0.30, Dot pork bellies 69 up 1.50, May Maine potatoes 6.15 unchanged, Dec cotton 46.70 up 0.08, Nov plywood 100.60 down 1.90.
MENTIONED IN THIS ARTICLE
Beth Steel
Black&d
Boeing C
BolseCas
Borden
Borg
Bost Ed
Bourns Inc
Braniff
Brigss
Bris My
BritPet
BrGrup
Brunswk
Veyrus
Judd Co
Bulova
Artere
Burlind
Caropl
Kroger
Libby McNi
Lockheed
Chris Craft
LTV Corp
Citicorp
CocaCol
I Macy
Colgate
Col Gas
Magny
Marsh
Cox Ord
Mead Cp
Crane CIA
Morrsh
Mt Deere
Motorola
DeltaAir
Disney W
Natomas Ig
DuPont
Norfolk
BascoCo
Eastern Air
Va NwBan
NorinSi
Ohio
Olla Cpl
Wirt Vo Exxon
ASV
Owentt
Farah
Pe T&t
Pan AM Air
FMC Cp
Wat Air FoodFar
Penn Centr
FordMo
Penney
PennDix
Pennpl
Fruehuf
Pennzoil Ig
GAC Corp
PepsiCo
Pélter
Gam Sk
Gannett
PhilipMo
PhilPel
Pas Col
Gn Steel Ind
Pseb&g
Oruilinada
E— Vo Gillette
Global Mar
Ralsion
Goodric
Rapid Ami
GoodyrTir
Wwe
Rey Ind
Reyni
Rivisna
Robshaw
Rochg
Rockwell
Heinz H
SanderAsso
Hercules
SangElc
Hershey
Hewitt
Sears
WM Shellon
Homstake
SierraPc
Blake— Howywi
SigniCo
Wu— Houshlp
SimnsCo
Iwe
Howard
Singerc
Idaho P
Sonres
Wcenin
SoPacif
Squibb
IBM
Sterlorg
Madda Trading Company Inc
Scottsdale
Chicago Mercantile Exchange
London
Maine
Plaza October Fest to Feature Auctions Contests and Music
Sundown Plaza hosts a two day October Fest with sidewalk sales live music hayrides art shows and contests. An original painting auction at 1 30 p m Saturday raises funds for the North Scottsdale Boys Club with proceeds and 100 steak prize drawings. Local celebs judge events while German music and high school bands perform.
MENTIONED IN THIS ARTICLE
Sundown Plaza
Georgi Markoff
North Scottsdale Boys
Michael Shimensky
Paradise Valley High School
Plaza
Shea Boulevard
Scottsdale Road
Supreme Court upholds fair treatment for gas curtailment
The Supreme Court let stand a Federal Power Commission order barring El Paso Natural Gas Co. from giving favored treatment to California users during shortages. Three California utilities challenged the ruling. the DC Circuit upheld the FPC and the Supreme Court affirmed, allowing equal curtailment across all states served by El Paso.
MENTIONED IN THIS ARTICLE
Washington
UPI
Supreme Court
Federal Power Commission
el Paso Natural Gas Co
California
FPC
el Paso
Arizona
Phoenix
New Mexico
Texas
Southern California Gas Co
San Diego Gas and Electric
Pacific Gas and Electric
Circuit Court of Appeals For
District of Columbia
Accountants Meet Tonight in Scottsdale
The Scottsdale Area chapter of the National Association of Accountants will hold its October technical session at 5:30 p.m. today at the SunBurst Hotel. ASU athletic director Dr. Fred Miller will discuss financing of a university athletic team.
MENTIONED IN THIS ARTICLE
Scottsdale Area
National Association of Accounts
SunBurst
Fred Miller
Arizona State University
Wall Street faces profit taking as Dow dips in heavy session
New York trading sees the Dow Jones industrial average fall 14.08 to 659.42 by mid afternoon after earlier declines. Market breadth shows 907 declines to 473 advances among 1,780 issues, with five hour volume about 14.08 million shares. Analysts cite normal profit taking after a strong rally and lower rates aiding sentiment.
MENTIONED IN THIS ARTICLE
New-York
UPI
New York’ Stock Exchange
Dow. Jones
Wall Street
American Stock Exchange
Dow
Scottsdale mind control course opened at Fifth Ave
A Scottsdale facility at 6830 Fifth Ave offers Silva Mind Control instruction with Larry Easterling in charge. The 48 hour program begins with controlled relaxation taught by Easterling’s associate Joanne Kottke at Scottsdale Community College, after which students may continue with Easterling.
MENTIONED IN THIS ARTICLE
Scottsdale
Fifth Ave
Larry Easterling
Texas
California
Arizona
Easterling
U.S
West Indies
Fifth Avenue
Scottsdale Community College
Joanne Kottke
Miss Kottke
Also Mentioned on This Page
New York Stock Exchange
NEW York
AlcanAt
Alleg Cp
Allglud
Alig Pw
AlliedSt
Allis Cha
Alcoa
Ameiicpw
AmHom
Amngs
AmSmit
AmStad
AmStar
Amt&t3
Ametek
AMF
Ampex Cp
Wa Amstar
Apeco Corp
Arms Ck
Anlrichf
Atlas
Bell Hwi
Bendix
Va Ftek Corprin
Jj J— Jantzen
John&Jn
de Jones
Jostens
Kaiser Alu
Sun Ofte
Sunshine
Tandy Corp
Na Teledyne
Teneco
Texacolne
Kk Thriftyd
Timlin
TraneCo
Ste
Transam
UnCorp
US Indus
Utah
UV Indust
Varlan
VendoCo
Vetco
He Victor CC
Va Elec
Walgreen
Whittake
Wickés'Cp
Va Winnox
Zale Corp
Zayre Corp
Eo Zentthr
Wall Street Charter
Abraham & Co
Dow Jones
N. Brown
Indus
Oxene Bank
John.d. Knox
Feet Reserve Board
Scottsdale School
Jean
SUN Control
16Th ST
Sun City
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