Insurance stocks pose growth challenge for investors
The columnist says simple methods to gauge growth in insurance stocks don’t exist due to their complexity. Growth hinges on earnings per share, but insurers require assessing assets, in force, reserves, investments, and future trails. Leave insurance stock selection to brokerages for most readers. He also clarifies wash sale concerns, noting a 1962 tax loss can be realized as a method of maintaining a position.
MENTIONED IN THIS ARTICLE
Internal Revenue Service
Verde Vaqueros Lute Wasbotten Elected President
Lute Wasbotten of Scottsdale was elected president of the Verde Vaqueros, succeeding Bill Passey who will stay on the board. Doyle Willis becomes first vice president and Dr. Phil Hartman is second vice president. Jerry Poole and Richard Burgess were reelected secretary and treasurer. The group donates about 5000 annually to the Scottsdale Boys Club from riding fees.
MENTIONED IN THIS ARTICLE
Scottsdale
Lute Wasbotten
Verde Vaqueros
Scottsdale Boys’ Lab
Wasbotten
Bill Passey
Mesa
Passey
Doyle Willis
Phil Hartman
Jerry W. Poole
Richard Burgess
Phoenix
Vaquero
Scottsdale Boys’ Club
Winds Pounding Atlantic Coast Across Texas Rains
Violent winds lashed the North Atlantic states while heavy rains drenched Texas. The storm fed million dollar forest fires in the East and dropped over 2 inches in Austin with more in San Antonio. Gusts up to 76 mph disrupted power, caused property damage, and felled trees in New York and nearby areas.
MENTIONED IN THIS ARTICLE
North Atlantic
Texas
Austin
Tex
San Antonio
New Mexico
Arkansas
Upper Midwest
New England
Pellston
Mich
Caribou
Greenville
Maine
Syracuse
Schenectady
N.Y
Temperatures Across Nation Report Weathers
A daily report covers temperatures and precipitation for the 24-hour period ending at 4 am. The dataset lists regional highs and lows, rainfall totals, and notable weather patterns affecting several states.
Oppenheimer to Receive Enrico Fermi Award
Dr. J. Robert Oppenheimer, once suspended over security concerns, will receive the Atomic Energy Commission’s Enrico Fermi Award worth 50 000. The award honors his theoretical physics contributions and leadership in atomic bomb development. Presentation date not announced. He directs the Institute for Advanced Study in Princeton and was the seventh Fermi laureate.
MENTIONED IN THIS ARTICLE
Washington
UPI
J. Robert Oppenheimer
Atomic Energy Commission
Enrico Fermi
Bution
AEC
Oppenheimer
Kennedy
Institute For Advanced Study
Princeton, N.J
Edward Teller
Musical Set By Players Oklahoma at Scottsdale High
Scottsdale High School presents the spring musical Oklahoma on April 18 19 and 20 at 8 15 p m in the Scottsdale High Auditorium. Jed Nolan is Curley Lynn Sass Lau rie Barbi Young Will Parker Pam Moore and Dennis Willis play Jud Fry Ali Hakim is Ross Carron. Chorus is the Scottsdale Singers directed by Joseph Esile assisted by David Coats with student directors Bev Boli Susie Leenerts and Bev Burke. Esile directs a past lineup including South Pacific Damn Yankees Lil Abner and Plain and Fancy.
MENTIONED IN THIS ARTICLE
Scottsdale High School
Scottsdale High
Jed Nolan
Curley
Lynn Sass
Laurie
Ado Annie
Will Parker
Aunt Eller
Barbi Young
Ted Miller
Pam Moore
Jud Fry
Dennis Willis
Ali Hakim
Ross Carron
Scottsdale Singers
Joseph Esile
David Coats
Bev Boli
Susie Leenerts
Bev Burke
Esile
127 Day Cleveland Newspaper Strike Ends
The International Typographical Union and the International Association of Machinists ratified 26 month and 25 month contracts, ending a record 127 day strike. Printers gain a $5 first year raise with $2.50 retroactive, and machinists win $9.75 over 25 months plus hospitalization boosts. Picket lines are withdrawn and publication may resume after Monday.
MENTIONED IN THIS ARTICLE
Cleveland
Ohio
UPI
Cleveland Plain Dealer
Scripps-Howard
Cleveland Press
International Typographical Union
International Association of Machinists
Council Meeting Set For Sunday
The Arizona state council of Epsilon Sigma Alpha International will meet Sunday at Arizona State University Memorial Union Building. Registration opens at 10:30 am and the luncheon and meeting start at noon with Mrs. Cecelia Marks, state president, presiding.
MENTIONED IN THIS ARTICLE
Arizona State Council
Epsilon Sigma Alpha International
Memorial Union Building
Arizona State University
Cecelia Marks
Powell Hit With $211500 Libel Judgment
Esther James, 66, won a $211,500 libel verdict against Rep. Adam Clayton Powell Jr. for calling her a bag woman on television. The all white jury awarded $11,500 compensatory damages and $200,000 punitive damages after four hours of deliberation. Powell said he would appeal as he faced scrutiny over his finances and staff.
MENTIONED IN THIS ARTICLE
New York
UPI
Adam Clayton Powell Jr
Dn.y
Congress
Harlem
Supreme Court
Esther James
Adam Clayton Powell
Powell
Washington
Debonair Powell
House Committee On Education and Labor
Education and Labor Committee
Rosary Tonight for Area Pioneer Miss Emma T Cronyn
Miss Emma T Cronyn 82 a Scottsdale pioneer died last night at 455 W First St Rosary at 8 p m tonight at Messinger s Mortuary Requiem Mass tomorrow at 10 a m Our Lady of Perpetual Help Burial in St Francis Cemetery Survivors include sister Marie Cronyn and brother Francis J of Scottsdale Her long residence in Phoenix area began after moving from Chicago in 1912 She was secretary to Mrs Jessie Benton Evans artist and writer and friend of Cruz Medina Sr and Juan Lewis
MENTIONED IN THIS ARTICLE
Emma T. Cronyn
Scottsdale
Messinger
Miss Cronyn
First St
Chicago
Tottenhall
Ont
Canada
Cruz Medina Sr
Juan Lewis
Marie Cronyn
Francis J
Our Lady of Perpetual Help Catholic Church
St. Francis Cemetery
Adolph Walter Funeral Slated
Funeral services for Adolph Walter 79 are scheduled tomorrow at 3 p.m. in Messinger Mortuary Chapel. Walter who lived at 6944 East Latham died Wednesday in Scottsdale Baptist Hospital. Cremation is planned with interment in Chicago. Walter came here from Denver six years ago. Survivors include his wife Alma two sons William and John of Wheaton Illinois three daughters Adeline A Warner Scottsdale Harriet Pappas and Alma L Ramsey both of Westminster Colo. and 12 grandchildren and three great grandchildren.
MENTIONED IN THIS ARTICLE
Adolph Walter
Messinger Mortuary Chapel
Walter
East Latham
Scottsdale Baptist Hospital
Chicago
Denver
Alma
William
John
Wheaton
Adeline A. Warner
Scottsdale
Harriet’ Pappas
Alma L. Ramsey
West Minister
Colo
Births listed from Scottsdale area hospitals
The Record notes births at Baptist Hospital of Scottsdale St Joseph s and Good Samaritan with details of parents and newborns including Floyd Bender Paul Sims William Barlow Fred Clarey Alden Shade Dean Lathrop and dates in early April. Included are addresses for many families.
MENTIONED IN THIS ARTICLE
Baptist Hospital OF
Scottsdale
Floyd Bender
E. Jackrabbit
ST. Joseph's
Paul Sims
I. Cambridge
Civ
William Barlow
E. Minnetona Ave
Fred Clarey
N. Hayden Rd
Alden Shade
E. Cypress
Jrl
Dean Lathrop
W. Sheridan
Musical Marionettes at Tumbleweed Festival Offer Benefit
Proceeds from the Musical Marionettes performances at the Tumbleweed Theatre during the Phoenix Festival of Arts support the Dorce Kelly Memorial Award. The event features 1:30 and 3:30 p.m. shows with classical music backing, produced with the Phoenix Guild of Puppetry. Jo L. Lawrence and Irene Schneider lead, reservations at 947-6789.
MENTIONED IN THIS ARTICLE
Tumbleweed Theatre
Phoenix Festival of Arts
Phoenix Guild of Puppetry
Jo L. Lawrence
Irene Schneider
Illinois birth control plan under attack
Illinois Senate moved to strip the IPAC program of funding for birth control information and devices for unwed mothers and for married women not living with husbands. A county judge warned he may issue an injunction to halt the program, while the attorney general urged cessation.
MENTIONED IN THIS ARTICLE
Illinois Public Aid Commission
IPAC
Illinois Senate
Senate
Aid Commission
Superior Court
John J. Lupe
Atty
William G. Clark
Disease Strikes Sailors at San Diego Naval Center
In San Diego a third case of spinal meningitis in a week prompted orders for 20,000 Navy personnel to take medication. quarantines affected two companies, 75 recruits each, with one company released and another remaining isolated. David W. Hall 17 San Leandro Calif was in serious condition at the Naval hospital. John G. Routon 18 Manchester Ga died after showing sick Tuesday night. Thomas C. Hester 20 New Orleans La was recovering.
MENTIONED IN THIS ARTICLE
San Diego
UPS
Naval Training Center
David W. Hall
San Leandro
Calif
Naval Hospital
Thomas C. Hester
New Orleans
John G. Routon
Manchester
Khrushchev Pushes Yugoslav Ties Amid China Split
Khrushchev pursued friendship with Yugoslavia despite sharp Chinese criticism. Western experts view Moscow courting Belgrade to challenge Peking in the Communist world split. China brands Tito as a traitor while Moscow insists Yugoslavia remains in the socialist camp.
MENTIONED IN THIS ARTICLE
Moscow
UPI
Nikita Khrushchev
Yugoslavia
Red China
Kremlin
Peking
Tito
Khrushchev
China
Belgrade
Sorority States Steak Fry Event
A desert steak fry for members of Alpha Phi Chapter of Beta Sigma Phi is set for 6 p.m. Saturday at 10647 N. 82nd PI, hosted by Mrs. John Witcosky. The Girl of the Year award will be announced by chapter sponsor Mrs. George Judson. Chairman Mrs. William T. Chamberg leads arrangements with assistance from Mrs. Carson Floyd. Mrs. Bruce Vaughn and Mrs. James Ight plan the entertainment.
MENTIONED IN THIS ARTICLE
Alpha Phi
Beta Sigma Phi
John Witcosky
George Judson
William T. Chamberg
Carson Floyd
Bruce Vaughn
James Ight
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William A. Doyle
Doyle
United Features
Atlantic
United Press International
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Boise
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Globe
Grand Canyon
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Kingman
Maverick
McNary
Payson
Prescott
Safford
Springerville Tucson
Winslow
Yuma
Hunter
Charlie Jones
Plains
Mike Hearne
Jim Gammage
Virgil Holcomb
Oppenheimer Security
Ing
Manhattan
Area Pioneer
Dorrce Kelly Memorial
Illinois
Springfield, Ill
Sorority States
Ace Sapas
Rex W. Weaver, MD
Country Club Medical Center
New Lutheran Hospital
Country Club Drive
Bank of Scottsdale
the Federal Housing Administration
N. Scottsdale Road
Sthave
Federal Deposit Insurance Corporation
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