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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Sep 25, 1975
Page
6
The New York Stock Exchange updates show broad activity with many stocks gaining and losing. Key names include Raytheon RCA General Electric Boeing Coca Cola Pfizer Exxon and McDonalds among others, reflecting mixed intraday movement and notable percentage changes across sectors.
The Associated Press reports a broad noon stock market snapshot with diverse gains and losses. Several major and mid cap names show fractional moves while others post notable shifts in price.
London gold at 134.00 up 1.75 per oz. IMM Dec gold at 137.30 down 0.10. Silver 4.48 down 0.02. Platinum 154.50 down 0.20. Copper 0.569 down 0.01. Wheat 4.372 up 0.01. Corn 3.50 up 0.21. Soybeans 5.8344 down 0.02. Live cattle 48.82 up 0.02. Live hogs 43.10 up 0.73. Pork bellies 96.72 down 1.26. Eggs 56.71 up 0.35. Potatoes 14.85 up 0.00. Plywood 117.320 down 0.50. Cotton 57.15 up 0.01. Sugar 14.36 down 0.17.
AP Business Analyst notes that the business lexicon shifts as capital shortage consumer confidence and crowding out remain repeatedly referenced. Economists show strong interest in how these terms evolve amid ongoing global economic change.
The piece cites James Needham and Reginald Jones on a capital gap of about 50 billion dollars yearly from 1977 to 1980 and argues savings incentives, tax reform, and deregulation to fund jobs and projects. Arthur Burns notes consumer confidence drives recovery, with Sindlinger detailing four questions behind confidence. Crowding out fears loom as high interest rates pull funds from savings and reduce home mortgage access.
Arizona State University will sponsor four seminars on retail advertising for small and medium sized store owners. The sessions run 6 30 to 9 30 p m on October 2 9 16 and 23 in room 201 of the College of Business Administration. Dr. Patti and Dr. Mizerski will lead a four step plan for profitable advertising with media demonstrations. Enrollment is 75 dollars. Contact the Center for Executive Development at 965 3441 for details.
Richard C. Hansen Jr. of Scottsdale named sales representative for Coldwell Banker & Co. based in Phoenix. He is a University of Arizona graduate and former president of American Pre-Schools Inc. of Tempe. Previously he served as regional VP of Chase Investment Services in San Francisco and as a stockbroker with Dean Witter & Co. in Phoenix.
The Valley of the Sun chapter hosts the 1975 ASTD regional conference at Mountain Shadows Resort Scottsdale from Monday to Wednesday October 1. Edward E. Scannell of Arizona State University will chair. Registration is 85 dollars, 35 dollars for a day. Reservations contact Frank H. Robertson at 244 6843. The Arizona Black Chamber of Commerce also holds a seminar Saturday at Valley Christian Center Phoenix conducted by Ana Inc. from 8 30 a.m. to 4 p.m.
The Arizona Review notes limited bright spots mid year with employment as a bright spot. The unemployment rate stands at 10.5 percent, still about two percentage points above the national average, though beginning to edge downward.
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