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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Sep 10, 1974
Page
6
Readable fragment shows numerous firm names and prices on the NYSE with daily high low and percent changes. The OCR lists many corporations from Amex to IBM, CocaCola, DuPont, Intel, and Exxon with varied performance indicators and lettered annotations.
Dean Witter and Co. say subpar growth is the likely path for the United States next year with deeper recession fears rising due to money supply, high rates, and sluggish output. The Digest argues gloom is not inevitable and undervalued basic industry stocks may spark a revival. Lionel D. Edie & Co. foresees inflation and rates easing only after a nine month recession, warning November 1976 could worsen the economy.
Selected stocks on the American Stock Exchange finished the day in New York with notable activity at the close. Traders watched several issues move amid modest volume as market sentiment shifted amid ongoing economic signals.
Last year's first Travel Cruise Exhibit returns to the Towne House on Wednesday at 7 30 p.m. Representatives from multiple cruise lines will discuss itineraries from the West Coast to Mexico and Alaska plus Caribbean and Mediterranean air sea packages. Admission is free with door prize drawings including a 20 day cruise for two to Mexico and Latin America.
New York stocks fell as investors reacted to President Ford's Nixon pardon. The Dow dropped to 657.85 before recovering briefly, then slid again to end lower amid weak August business data and a three to one decline in issues traded.
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