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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Sep 15, 1977
Page
6
The piece frames a generational labor fight as teens struggle to gain footholds in a tight job market while workers 65 and over strive to prove their continued usefulness to employers. It notes concern over potential chaos if older workers block new entrants.
The piece weighs whether to raise the minimum wage from 2.30 to 2.65 and examines effects on youth and elderly workers. It argues higher rates may aid skilled teens but hinder small business, while retirement norms and pensions influence age-based hiring, retirement, and employment.
The Dow rose 4.08 to 862.79 as trading stayed quiet with 12.18 million shares changing hands. Gainers led decliners 4 to 3 on the NYSE while Citibank reported the economy maintained solid vitality ahead of weekly money-supply figures from the Federal Reserve.
Arizona State University hosts a Center for Executive Development seminar titled To know is to control from Sept 29 to Nov 10. psychiatrists and psychologists from St. Luke's Hospital lead 90 minute sessions with 30 minutes of relaxation and 60 minutes of lectures. registration $155 covers two attendees with limited to 24 couples and a certificate plus 1.5 CEUs.
Ad 2 Phoenix invites nominations for the J. Terry Groener Memorial Award Advertising Person of the Year. The program honors service to the advertising industry and community through advertising. Deadline for nominations is September 26.
The report lists 2 p.m. Dow Jones indices with the Dow at 862.79 up 4.08, Transport 215.77 up 0.68, Utilities 112.20 down 0.03, and the overall 65 Stocks 293.17 up 0.99, along with selected NYSE prices and percentage changes for numerous issues. It also notes up and down lists from the NYSE and American Stock Exchange, detailing top movers and losers and closing references for Thursday.
Arizona stocks list includes APS Valley National Bank Southwest Gas and Anheuser Busch among others with bids asks and last prices. Several entries show quotes missing or not opening with small changes in figures and notes on market activity.
Daily closing prices from Lind Waldock show mixed moves across commodities. London gold at 147.90 dollars per ounce, Dec coffee 163.55, cocoa 186.00, sugar 8.90, with gains and losses noted across IMM gold, silver, copper, grains, soybeans, meal, oil and livestock prices. Market not closed.
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