NYSE 2 P.M. Quotations Highlight Wide Stock Moves
New York quotes show widespread activity with many issues advancing or declining. Alterations in price span large caps such as Alcoa Alcoa and Exxon while smaller companies like AmCan and IBM display varied shifts, reflecting brisk trading on the floor.
Goldman Sachs predicts second dip in real GNP by year end
Goldman Sachs economists warn that consumer spending and housing will not recover quickly enough to stop a drop in inventory buildup and a slowdown in capital spending. They foresee a pronounced second dip in real GNP late this year or early 1975 after a partial rebound from the oil embargo induced first dip.
MENTIONED IN THIS ARTICLE
Goldman Sachs
Dow Jones Averages Dip At 3 P.M. Interim Decline
The Dow Jones averages retreat by 10.79 points to 647.61 with declines across sectors. Industrial 647.61, Transports 145.39, Utilities 69.18, and Stocks 206.47 show losses as volume hits 12.36 million shares on a slower trading day.
MENTIONED IN THIS ARTICLE
Dow Jones
Indus
Commodity Closings From The Market Desk
London gold at 154.25 dollars down 0.75. Oct copper 61.2 cents down 2.8. Dec wheat 5.12 down 0.54. Nov soybeans 8.48 down 0.20. Oct live cattle 41.35 down 0.30. Oct live hogs 41.75 up 1.35. Dec pork bellies 70.30 up 1.30. May Maine potatoes 5.85 down 0.30. Dec cotton 46.30 down 0.38. Nov plywood 98 down 2.07. Prices from Madda Trading Co for CME members.
MENTIONED IN THIS ARTICLE
Idaho
InspCop
Wa Ve
IBM Corp
nHarv
Wat Va Intl Mining
T&t
Tek Corprin
Kidde
Kim Cl
Libby McNi
Lockheed
Ed LoewCp
S$ Ind
Yo Lonesig
Va Ltv Corp
Lucky S
Luken Sii
Mm&m
MobilOl
Morisco
Monogram
Suez Monsan
Morrsk
Motorola
MtSteel
Nabisco
Natl Distill
NtlGyp
Nev Pwi
Nengel
NingMo
NL Indust
NorfolkWs
NortSi
PepsiCo
Pfizer
Wat i
PhilaEs
PhilipMo
Ralston
Raython
Va Rca Corp
Va Revion
Va Rohr Ind
Royal CC
Royld
Satewy
Stro Minrt
SiRegis
Sander Asso
Hs Sang Elc
SanFin
Va Scheringt
Schlumb
He Scm Co
Vo SouthCo
A Sonres
Tandy Corp
Ve Teledyne
Thriftyd
Timlin
TraneCo
Transam
TranUn
Trans Wair
Sat Lp — U
UAL Inc
Unocal
Uniroyal
UnCorp
Indus
Va US Steel
US Tob
UniTel
UnivsOll
Uptonn
Allen It
We - Utahpl
Varian
Va Vetco
VictorCc
Walgreen
WsBanc
London
Maine
Dow Retreats Sharply As Gains Recede On Wall Street
New York stock prices fell broadly in moderate trading on the NYSE with the Dow Jones Industrial Average down 10.09 points to 648.31 near 3 p.m. EDT as declines led 859 stocks lower to 458 advances. turnover about 12.3 million shares. The Dow on Tuesday dropped 15.10 after a prior run of gains, while last week’s blue chip average rose 73.61 points.
MENTIONED IN THIS ARTICLE
NEW York
UPI
New York Stock Exchange
American Stock Exchange
Dow
Scottsdale residents receive multiple promotions at The Arizona Bank
John C. Philips becomes manager of the Seventh Street and McDowell Road branch in Tempe after joining in 1970 and completing management training. Raymond A. Hixon is promoted to vice president and manager of the stockyards office, bringing nearly 12 years of prior finance experience from New York. Thomas G. Rumph named trust officer and manager of the Scotts dale trust office, effective after joining in March and serving as assistant trust officer since September. Ed Kofler of Scottsdale joins International Rodeo Management board to help organize the Miss Rodeo America Pageant in Oklahoma City December 3–8 with about 40 contestants. Charlie Rossie Ford installs a talking DOEs parts ordering terminal. Doris Redmon becomes showroom manager for Tri-City Lighting in Mesa. Roy Espe participates in Motorola Science Advisory Board annual meeting in Schaumburg Illinois.
MENTIONED IN THIS ARTICLE
Scottsdale
Arizona Bank
John C. Philips
Tempe
Seventh Street
McDowell Road
Philips
Bank
Park Central
Raymond A. Hixon
Hixon
New York
Thomas G. Rumph
Scottsdale Trust
Rumph
Ed Kofler
International Rodeo Management
I.R.M
Ken Cross
1.R.M
Kofler
Casper
Wyoming
Oklahoma City
Oklahoma
Doris Redmon
Tri-City Lighting Co., Inc
West Broadway
Mesa
Redmon
Stuart
Arizona
St. Louis
Motorola reports record third quarter sales and nine month earnings
Motorola Inc. reports record third quarter sales of 348.58 million and third quarter earnings of 44.47 million before tax, 24.05 million after tax, 86 cents per share. Nine months show 1.042 billion in sales and 68.71 million earnings, 2.45 per share. Total nine month earnings 66.53 million, 2.37 per share.
MENTIONED IN THIS ARTICLE
Motorola
Motorola Inc
Robert W. Galvin
Galvin
Matsushita Electric Industrial Co. Ltd
Japan
Arizona
Semiconductor Products
Scottsdale-headquartered
Government Electronics
Space Electronics
Mariner
California Institute of Technology
Jet Propulsion Laboratory
TRW
Sarnoff to speak at Hilton Scottsdale
Paul Sarnoff investment consultant known for urging all eggs in one basket will speak at 7 30 p m Thursday at the Scottsdale Hilton. He has written 20 books and will discuss put and call options and world commodities trading with emphasis on gold.
MENTIONED IN THIS ARTICLE
Paul Sarnoff
Scottsdale Hilton
Sarnoff
Also Mentioned on This Page
AP1
P.enee Ae
Addres
Alme
AlcanAl
AligLud
Pwi
AlliedCha
Allieds
Alcoa
Am Airlines
Amt&t
Amstar
Anacon
Apeco Corp
Armcos
A Arms Ck
Ash OU
Atlas Corp
Wwe I
Avco
Bell Hwl
Bendix
Beth Steel
Black&d
Va Boeing
BolseCas
Ma Borden
Borg
Bost Ed
Bourns Inc
Brigss
CentTel
Cessna
Chasem
Ed Chessie
Chris Craft
Chrysir
Vie— Cin Gas
CocaCol
Colgate
ContiniTel
Wi — Confri Data
Corng
Wat Cox Brd
Crane C
Curtiss
Cyprus
Danac
Dayco
del Mat
Va DeltaAir
Dennisn
DevEdis
DiamSh
Diebold
Dugnel
Easco Co
Eastern Air
EatnCo
ElPasColg
EltraCp
FairCam
Ibla
GAC Corp
Goodric
GoodyrTh
Gracew
Gulf Ol
Gulf Stu
Guil&Ws
HammiPa
Harrahs
Harrisc
HeclaMin
Heinz H1
Hercules
Hershey
Heublein
Hewitt P
Histon Htl
Hobart C
Hoff Electa
Hol Inns
Homstake
Howard J
Wall Street
Meyer Hardware
Proudiove
Progress
Patti
N. Brown
Madda Trading Company Inc
Chicago Mercantile Exchange
DOW- Jones Industrials
Dean Witter & Co
Charlie Rossie
Ford
East McDowell Rd
DOES
G. R. Mulholland
Los Angeles
Phoenix
Roy Espe
Motorola, Inc
Schaumburg, Ill
Dan Noble
Robert G. MacDonald
M.D
International Monetary Exchange, Ltd
Lloyd W. Leroy
Ufea Casualty
Hilton
Billy Rose
IBM
Rose
Internal Revenue Service
E. Indian School Rd
J. Milton Newton, Inc
North Central Avenue Financial Center
City Home