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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Sep 03, 1976
Page
7
The NYSE data shows varied readings with many stocks advancing and retreating. Notable entries include IBM around 326 and ChaseM at 2.20, while industrials like CaterpTr and Cadence ind reflect mid-range shifts amid a broad trading session.
New York AP report shows 2 PM Dow Jones industrials at 986.62 up 1.83, trans 220.20 up 0.29, utilities 94.07 up 0.65, and stocks 309.38 up 0.68. Selected noon acton and list of NYSE issues include numerous gains and price changes across major corporations and sectors.
Longtime Arizona legislator praises Sam Steiger and worked with Representatives Conlan and Steiger on state matters and federal relations. This endorsement, authorized by Steiger For Senate Committee, highlights political support and affiliations from 1976 sources.
New York stock prices edged higher in quiet late week trading. The Dow Jones 30 rose to 86.62 as volume neared 9 million shares with more advancers than decliners on the Big Board. Brokers cited no major news and suggested some traders anticipated a market revival after Labor Day.
London gold at 107.00 up 1.00 per oz and IMM Sept gold at 107.90 up 2.80. Oct silver 4.295 down 0.01, Oct platinum 156.90 up 0.60, Sept copper 0.482 down 0.003. Sept wheat 3.194 down 0.134, Sept corn 2.9034 up 0.0, Sept soybeans 7.10 up 1.04. Oct live cattle 40.55 down 0.07, Oct live hogs 39.05 down 0.57, Feb pork bellies 57.50 down 1.57, Sept fresh eggs 0.633 up 0.004, May Maine potatoes 7.55 up 0.61, Sept are 160.00 up 5.50, Oct cotton 0.739 down 0.0105, Oct sugar 0.0859 down 0.0092.
Robert F. Stone named president and CEO of Continental Bank. Eugene P. Davis promoted to executive vice president and director. Stone and Davis bring long banking careers and board memberships, with community involvement in Phoenix and Scottsdale. Dr. James Fordemwalt named senior staff engineer for Integrated Circuit at ICE. Alan Jay Weiss named insurance director for B'nai B'rith Grand Lodge District Four. Weiss holds UF degrees and is a Vietnam era veteran.
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