This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Sep 24, 1976
Page
5
The Dow Jones surged 201.28 points to above 1 000 for the 13th time since March amid a mix of positive data and a sharp drop in durable goods orders. Analysts warn the change could signal a broader shift in the economic cycle and future market direction.
New York Stock Exchange at 2 p.m. shows mixed results with Dow Jones averages and large list of blue chips. Traders monitor price changes across sectors as markets fluctuate, with notable activity in transportation, steel, and consumer goods issues.
The Dow Jones average slid 2.24 to 1008.56 by 2 p.m. with losers ahead 3 to 2 over gainers on the NYSE. Volume stood around 11.92 million shares as analysts blamed a Fed report showing a $4.5 billion surge in money supply and urged tighter credit. American Telephone & Telegraph preferred B led activity, while NYSE and AMEX indices fell.
Selected national prices from the American Stock Exchange list numerous tickers with mixed movement. Several companies like Barnes Eng and HormelG show small gains, while others trend down or hold steady amid fluctuating activity.
London gold 118.50 up 1.00. IMM Dec gold 118.70 up .80. Dec silver 4.455 up .72. Platinum 167.60 up 1.90. Dec copper 64.5 cents up .2. Dec wheat 3.074 up . ac bushel. Dec corn 2.71 up .4. Soybeans 6.42 down 1.5. Dec meal down 3.70. Soybean oil 21.7 cents down .77. Dec live cattle 37.52 down .48. Dec live hogs 33.72 down .75. Feb pork bellies 50.77 down 1.90. Dec eggs 61.8 cents down 6. Nov price 145.10 down 2.40. Dec cotton 76.1 cents up 1.13. Mar sugar 9.06 up .28.
Evans warns that investors seeking yield push into lower quality issues, while high quality government and agency issues like Ginny Mae remain favored by sophisticated buyers. Ginny Mae offers monthly interest and principal, appealing to retirees, and futures contracts on Ginny Mae and Treasuries attract major hedging activity on the Chicago Board of Trade.
Five Arizonans prominent in their fields will head discussion panels for the 29th Arizona Town Hall October 10 to 13 at the Grand Canyon. Panels of over 100 Arizonans will study Arizona's Economy Yesterday Today and Tomorrow with five chairmen guiding four sessions each. Dr Mathew J Betz III will chair the report committee assisted by five panel recorders from Phoenix and Tucson.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.