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Scottsdale Progress in Scottsdale, Arizona

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

Scottsdale Progress

Location

Scottsdale, Arizona, United States of America

Date

Oct 18, 1976

Page

5

Great Gold Bubble Bursts As Price Slumps From Peak

The gold market's boom ended in a sharp collapse with bullion down to $103 an ounce from $195, after a 90 percent drop in shares on Aug 24. A New Orleans Gold and Monetary Conference drew 700 attendees as investors reassess risk and speculate on future trends.

International Monetary Fund IMF National Committee For Monetary Reform New Orleans John McFalls Value- Action Advisory Seattle McFalls George Schaeffer Richard Russell Dow Theory Letters Schaeffer Loraine Durban

Dow Jones 2 p.m. stock averages and NYSE prices

New York AP report shows Dow Jones 2 p.m. averages for industrials at 945.40, rails at 206.62, utilities at 96.85 and the overall market at 298.02 with notable shifts across many listed issues. International and sector quotes include numerous company securities with bid, ask and last prices, reflecting a broad snapshot of NYSE activity and market breadth.

NEW York (Ap Dow Jones Indus New York Stock Exchange AMF Inc AlcanAlu AmCan Ameipw Am Motors Anair AmStand Amt&t Beecha Beker Bell How Bendix BenfilCp Bengt B Te Bunk Ramo Burlind Buriino Se Burrghs Buttesg Oit CBS New York American Hycel Inc Va Stock Exchange Instrum Intl Banknot Aegis Corp Inferway Cp Va Alleghy Alr Ve Kaisrand Va Amic Corp Kewanee la Armin Cp Eo KinArk Crp Ys Asamera Va LafyRad Atlascm Marindugg McCulo BowValt MillerWo Bradign Mitchle PallCorp Ind PertecCmp A Coleman PrenHa Presley Cos Cookind Cornelius ElcorGh Tenna Corp Falcon S Gladding Cp Warc C Hartzm Havoilm The Associated Press

Market makes steady climb

New York AP The stock market edged up in a slow steady advance led by blue chips. The 2 pm Dow Jones industrial average rose 8.40 to 945.40 as losers slightly outpaced gainers on the NYSE with light volume of 10.02 million shares. Investors awaited Tuesday’s government GNP report for the third quarter amid expectations of slowing growth from early year strength.

New York Wall Street Washington

Commodities Close Mixed With Modest Moves Across Markets

London gold gains 35 cents to 116.10 per ounce while IMM Dec gold slips. Copper and wheat edge up slightly, soybeans down, cattle and hogs mostly lower, eggs flat, cotton hits limit up. Soybean meal and oil fall, pork bellies decline, plywood up, sugar near steady.

London IMM Wcaz

You and Your Money Quarterly Keogh Plan investment idea

Q and A on Keogh plans mutual funds gifting stocks under UGMA and Social Security coverage for mariners. Judith G. Rhoades answers practical questions about quarterly contributions tax deferral fund earnings and who may qualify. Provides steps for obtaining a grandson's Social Security number and custodial setup.

Ugma

Morton to Speak at School on U S Business Campaign

Rogers C B Morton chair of Ford campaign steering committee will speak at the American Graduate School of International Management on Tuesday. His noon talk, U S Business and the Campaign, will be in the auditorium at 59th Avenue and Greenway Road. Morton, former cabinet member as Secretary of Commerce and Secretary of the Interior, headed the Energy Resources Council from 1974 to February this year. The event is free and open to the public.

Rogers C. B. Morton Ford American Graduate School of International Management U.S. Business 59Th Avenue Greenway Road Morton Commerce Interior Energy Resources Council Energy and Natural Resources Economic Policy Board

Western business outlook for final quarter 1976 turns bullish

Prudential’s Western Business Forecast shows 68 percent of 13 state panelists expect higher dollar volume in Q4 1976, with 14 percent unchanged and 18 percent down. Local Western states align with 69 percent up, 13 percent same, 18 percent down. Transport and utilities show 100 percent optimism versus 1975, while construction rises from 50s to 66 percent expecting an upturn.

Prudential Insurance Company California Arizona Nevada Transportation and Utilities

Precision Chiropractic Care Urged For spinal Injury case

In a reader question a car hitting a dip caused neck and arm numbness and tingling after months of treatment. The chiropractor urges immediate care, claims medical doctors lack chiropractic training, and promotes a free spinal care class at Precision Chiropractic on October 19 with contact details.

Also Mentioned on This Page

America USA Homestake Indianapolis Miami Beach U.S. Treasury CastiCk Censow Chasem Chessie Chipneyt Chris Craft Chrysler Eo Clarke CloroxCo Va CocaCol ColGas Cooperin UMM Vo Craig CrouvHi Crown Cork Curtis Wr Dartind Deere DetMon E— Dennys DetEdis Disney Ye Dow Ch duPont EastAirLin Easkd ElPaso Enserch Esmark Exxon FairCam FdFair Gannett GenMills Genesco Inc GaPacif Va Global Goodrh Gould Grace GtAtPac GrGiant Iowa Tek Corp DeltaAir DillonCo Dresser IBM teiCorp Sy Jeweic JanMan Jonnsonjn JonLogn Jostens Lala Séve KaisrAl Kangel Katy Kellogg Kennet Kimbel Koppers Kraftco Kroger LevitzFurn McGrwh Melville MGM i Minmm Mobil Mohasco Ve Monsan MonPw Motorola MtFuel Ve — M — Nlind NatAir NatCan NatFuel NatiStl NwstAirl Okiang Penney PepsiCo Pfizer Phelpd PhilMorr Va. PhillPet Pitney B Polaroid Kanplt KerrMc KnigtRid Kresger LTV Corp Lenval Ind Lockhd Aire McDaid MeadCorp Merck Milgo Elect Minnpl Mondu MorNor MistTel Nabisco Norris Northrp NorSim PacPw Patrkp Pennzol PhilaEl Pneumo Psocol QuakOat RCA Wme Rancom Rapid Am Va Textron TimeMir Va Reynin Timlin ReyMet Seuee Todd Shipyd Rockwlint Transw Air Rohr Ind Transam Tricon Reyccol Va Royld Ualine SanFelni Schergel Ma Usgyps aVvat Va Searteg Sears Abie US Steel ShellOit Mat UnTech Dat SouthCo Wachova A Sonres Warnerl Wunion StBrand WestgEl Va SterDrug Stevens Whittaker WillmisCos SunCo Tektronx Mexico Madda Trading Company, Inc Scottsdale Chicago Mercantile Exchange I.C.I Scottsdale Daily Progress P.O. Box American Exchange Edith Jo" Laetz SRP Democrat Senate Laetz Marshall Way Scottsdale (Az Ion Judith G. Rhoades Copley News Service United States U.S Rhoades Sunburst Hotel N. Scottsdale Rd J.mitton Newton, Inc North Centeas Aveniue Financial Center Proenio Anon J. Mitton Newton, Inc Paul R. Bates Michael J. Jorgensen Precision Chiropractic Offices Thomas
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