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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Sep 21, 1976
Page
6
New York AP report shows 2 p.m. Dow Jones averages with notable movement across sectors. Industrial index around 1006.65, Trans 221.67, Util 98.38, Stocks 315.68 with several blue chips and airlines listed in fluctuating quotes.
New York Stock Exchange noon prices show several issues with gains and declines across sectors. The list highlights notable stocks such as Exxon, Coca Cola, AT&T, General Electric, and Pfizer with varying Last, High, and Low figures, reflecting mixed market activity.
Fragmented OCR text lists multiple companies with partial figures and percentages, including Medenco Medfield MichSugar New Idris and Xonics. No coherent event or clear action is described, making a concise summary difficult.
The Dow Jones industrial average climbs above 1,000 to 1,006.65 by 2 p.m. with a 12.14 gain amid active NYSE trading of 19.69 million shares. Investors expect Federal Reserve policy easing after the Open Market Committee meeting signals lower interest rates.
London gold 119.00 up 4.00, IMM Dec gold 119.00 up 4.10, Dec silver 4.41-5/10 up 16.5c, platinum 162.00 up 3.20, copper 65.7c down 0.3, Dec wheat 3.07 down 1, Dec corn 2.80 up 34 down 2.4, Nov soybeans 4.49 down 4.4, Dec soybean meal 183.10 up 1.10, Dec soybean oil 21.53c down 6, Dec live cattle 38.62 down 0.23, Dec live hogs 34.17 up 0.02, Feb pork bellies 53.55 up 0.30, Dec fresh eggs 61.15 down 0.65, Nov plywood 166.50 down 5.20, Dec cotton 73.78 down 0.17, Mar sugar 9.22 down 0.15.
Industrial accident rates dropped after Ashland Oil adopted a nine month Major League Safety program with team names and monthly wins based on safety records. Prizes range from oil cases to a new station wagon and trips abroad, with random drawings for winners. Since launch, Ashland has spent about 45000 on prizes and promotions.
Worldwide sales by U S based semiconductor makers totaled 262 million in July reflecting summer slowdowns. Integrated circuits accounted for 156 million and discrete devices 106 million. New orders totaled 307 million with 189 million for ICs and 118 million for discretes. Through July shipments totaled 1.9 billion and bookings 2.2 billion. WEMA expects a strong year rise beyond prior 28 percent gain estimate.
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