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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Apr 08, 1963
Page
2
A reader asks if choosing a mutual fund was a mistake and learns that past performance matters but future results vary. Advice emphasizes steady investing and sticking with funds. Other questions cover tax cost basis on inherited property and stock risk, noting dividends and earnings trends can signal future dividend cuts.
Police and national guardsmen hunted saboteurs blamed for a third pipeline blast in a month near Lake Maracaibo and a separate fire at an oil flow unit. The American Creole Petroleum Co pipeline runs 140 miles from Lake Maracaibo to the Amuay refinery. The Attacks, linked to pro Castro FALN, disrupted operations in Falcon and Zulia states and affected installations valued at about $1 billion.
An eighth victim Verner Scott 84 retired University of Nevada professor of agriculture died from injuries after a Greyhound bus plunged into Feather River Canyon near Oroville California. The crash left one person in critical condition and 12 others hospitalized. CHP said the bus carrying 23 passengers was traveling too fast for conditions before it went over a 100 foot cliff.
Scottsdale Junior Woman's Club took three awards at the 27th Arizona Federation of Junior Women's Clubs convention in Phoenix. Honors came in public affairs law observance crime prevention and narcotics division and in international affairs projects, care division, and yearbook printing. The AFJW two day meeting ends with a banquet, while the AFWC three day gathering opens at 9 a.m. tomorrow.
Las Vegas reports actress Joan OBrien 24 canceled her Sunday wedding to actor Harvey Allen 27 during a South Pacific run. The couple were to wed in a Las Vegas ceremony and had no immediate rescheduling announced.
Sen. Barry Goldwater proposes U S support for Cuban exiles with training and an airlift to strike Cuba. He backs an OAS sponsored invasion if needed but favors an economic blockade now and exile sabotage. He condemns Kennedy policy as too timid and predicts Cuba will dominate 1964 campaign discussions.
An unidentified white man about 5 foot 10 and 170 pounds with reddish brown hair was found floating in the Arizona Canal Sunday near Bee Line Highway on the Salt River Indian Reservation. An autopsy was scheduled with no identification or known cause of death. Walter P. Sider of Scottsdale reported finding the body while collecting sand for flower beds. The man wore blue denim jeans a light western shirt and black cowboy boots with white inlays.
More than 800 people attended the dedication of the Tonto Forest Seismological Observatory the world’s largest. The facility on 23 000 acres will detect underground nuclear tests and feeds data to Washington as part of a global network. Speakers included Adrian Fischer of the Arms Control and Disarmament Agency and Charles C Bates of Project Vala Uniform.
Reno police await pathology and FBI fingerprint results in the Sonja McCaskie case. Det Sgt Carl Shoemaker says reports from the lab may provide a lead as inquiries of more than 40 persons continue, including ex husband Jeff Schmidt who passed a lie test.
Soil beneath the Supreme Cleaners building in Tucson where a March 29 explosion killed seven people tested positive for cleaning solvents. Investigators have not yet determined the blast’s cause and sent solvent-laden samples for analysis to see if fumes could have contributed.
United Press International reports on temperatures and precipitation for a 24 hour period starting at 4 am. Weather patterns show varied conditions across regions with notable changes in western and eastern states.
At sundown tonight Jews worldwide begin Passover marking freedom from Egypt. The holiday centers on home Seder meals with observances in temples and synagogues. in Scottsdale Har Zion Congregation hosts services at 8 30 a m Tuesday and Wednesday and Temple Emanu El holds a Friday night service at 8 30.
The 26th District Democratic Club will meet at 8 tomorrow night at 7340 E Lincoln Dr the home of Mr and Mrs Bernard Fried Speakers include Mayor William Schrader and City Manager Ken Williams of Scottsdale The topic is Scottsdale Its Plans For the Future Its Problems Its Growth Patterns The event is open to the public.
The city planning and zoning commission will meet at 8 tonight in the city council chambers to rezone seven commercial subdivisions from C-3 highway commercial to C-2 central business zoning. Subdivisions include Camelback Park Plaza Indian Plaza Properties Winfield Scott Plaza Winfield Scott Plaza Units 2 3 and 4 and Craftsmans Court. The panel will also consider modifying the Valley Plaza shopping center site at Scottsdale and McDowell Rds to add a plant nursery.
Mrs. Clare B. Williams assistant chairman of the Republican National Committee says American women must lead by example for women worldwide during the coming decade.
Nasser Haghighi and his brother Mansour, both held on a $50,000 bond in Phoenix for the kidnapping of three year old Mike Auther from a West Phoenix home. Police say stolen merchandise valued up to $10,000, found in their Tempe apartment, includes rugs, radios, jewelry, a mink stole from Switzer's at Fashion Square, and items from a Paradise Valley burglary.
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