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Scottsdale Progress in Scottsdale, Arizona

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Articles on This Page

This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Scottsdale Progress

Location

Scottsdale, Arizona, United States of America

Date

Oct 27, 1975

Page

5

Credit Card Numbers Revealed How Caps and Codes Identify Users

A detailed look at credit card numbering shows how digits indicate currency, issuing bank, card sequence, billing period, and credit risk. Industry experts note standardization aims to reduce costs and improve processing of invoices across issuers and networks.

Copley News Service American Express Caracas Venezuela BankAmericard San Francisco New York Chase Manhattan Bank BankAmericaid Wells'Fargo Continental Bank Sacramento Los Angeles Mobil Shell International Organization of Standardization William Hanrahan American Bankers Association

New York Stock Exchange Quotation Snapshot

A dense list of Dow Jones averages and stock quotations across many companies trading on the New York Stock Exchange at around 2 p.m. The report names dozens of corporations including Levitz Furn, Pfizer, Texaco, Textron, Polaroid, PepsiCo, Uniroyal, McDonalds, Lockheed, and Porter brands, with prices and percentage changes reflecting market activity.

Commodity Closings From Market Desk

London gold at 142.50 down and gold futures at 143.00 down 1.30. Silver 4.132, down 0.07. Copper 53.7 cents down 0.2. Wheat 3.79 down 0.12. Corn 2.754 down 0.06. Soybeans 4.78 down 0.17. Live cattle 45.17 up 0.06. Live hogs 54.85 up 0.08. Pork bellies 84.70 up 0.05. Eggs 57.85 cents down 0.03. Potatoes 3.20. Plywood 128.70 up 0.106. Cotton 2.24 cents down 0.07. Sugar 14.94 cents down 0.2. Market not closed on above items.

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Questions outnumber answers in today’s economy

The article surveys forecasters facing a tough task as they tell clients what next week may bring. It notes consumer goods up 6.47 percent since April and questions whether the rise is due to a strong recovery or deliberate stockpiling by businesses.

American’ Express New York

Economic outlook questions rising output and consumer mood

Business observers probe how much production will move from inventories in the third quarter and what inventory cuts will be needed before growth. They note consumer attitude drives two thirds of demand and ask whether a New York City bond default could trigger widespread borrowing limits for schools and states. The outlook hinges on mass psychology as much as data.

Amuch New York

Saks Fifth Avenue names Lawrence Jamison as business manager

Lawrence Jamison named business manager of Saks Fifth Avenue Biltmore Fashion Park. Jamison, with Saks for 50 years, previously led merchandising at the Atlanta store and served as Western division manager before opening Monterey store in 1972.

Lawrence Jamison Saks Fifth Avenue Biltmore Atlanta Beverly ‘Hills Monterey, Calif

Also Mentioned on This Page

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