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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Sep 20, 1977
Page
6
National market report shows Dow Jones Industrial average at 651.00 down 0.52 while transport index rises to 214.11 up 0.78 and utilities at 112.3 down 0.14. Readouts include broad stock averages and price changes for numerous listed companies and securities.
New York AP reports selected national prices for American Exchange issues with bid and last values. The table shows numerous tickers such as AegisCp Alleghy Alid Art Am ins and many others with varying highs lows and percent changes. The data includes multiple company names and percentage movements across the board.
London gold at $150.50 up $1.00 per ounce while Dec. coffee sits at $184.06 down $1.20 per pound. Cocoa at $183.10 down $1.45, sugar $8.34 down $0.05, IMM gold $153.60 up $1.70, silver $467.20 up $6.80, copper $57.00 up $0.60 per pound. Wheat $2.48 up $0.02, corn $2.04 up $0.0234, soybeans $5.282 up $0.02, soybean oil $38.41 down $0.03, soybean meal $142.90 up $2.10, live cattle $40.40 up $0.25, live hogs $38.75 up $0.32, pork bellies $49.52 up $0.75, cotton $52.37 down $0.14. Market not closed.
Arizona stocks list appears with Merrill Lynch figures for APS AZL Patagonia Newberry Southwest Gas and other state linked companies. The mixed pricing shows Last values and small changes though many entries unreadable or unclear in the OCR output. The column headings High Low Last Chg are present with several tickers including banks and utility firms.
AP analysis notes that the Lance affair widens scrutiny of overdrafts and personal use of corporate assets. Regulators like the IRS and SEC push for clearer rules on management prerogatives, while shareholders press for accountability in a changing view of private and public ownership.
New York stocks fell again as the Dow Jones average slid 52 points to 851 by mid afternoon. Volume on the Big Board totaled 12.86 million shares while the NYSE composite eased to 52.41, with bears outnumbering gainers by three to two amid fears of a slower economy and higher interest rates.
Arcadia High School hosts an eight week class on technical analysis of stocks beginning October 4. Sessions run Tuesdays from 7 to 9 p.m. Instructor Theodore Raph from the New York Institute of Finance and The New School guides beginners and professionals through charting and timing stock buys and sales.
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