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Scottsdale Progress in Scottsdale, Arizona

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Newspaper

Scottsdale Progress

Location

Scottsdale, Arizona, United States of America

Date

Feb 02, 1971

Page

4

Business briefs highlight promotions and awards in Scottsdale area

David A. Covington of New York Life Scottsdale is honored as outstanding sales leader in health and group insurance and education benefits. Paul R. Beloud named sales manager for Del E. Webb Mountain Shadows. Ron Schmietenknopf directs hotel sales. Paul L. Stansbury joins ABA Installment Credit Committee. J R Barfield becomes trust officer at Great Western Bank. Two Scottsdale residents win $100 in Union Oil Cars N Cash sweepstakes.

David A. Covington New York Life’s del E. Webb Corporation Paul R. Beloud Mountain Shadows Resort Beloud TWA Alitalia’ Airlines Phoenix Ron Schmietenknopf Paul L. Stansbury Valley National Bank American Banker's Association Federal Reserve Stansbury 47Th St Valley Bank Scottsdale Union Oil Company J. D. Huston E.oak Charles_J. Rives

AiResearch Workers Reject Union Bid After 7 Month Campaign

IAM and Aerospace Workers AFL-CIO failed to represent AiResearch Manufacturing Co employees in Phoenix. NLRB counts 452 votes for the IAM and 1 244 against, ending a seven month organizational drive. The company requested the election, the second such vote in AiResearch history.

AiResearch Manufacturing Co Iain Phoenix International Association of Machinists ‘and Aerospace Workers Afl-Cio National Labor Relations Board IAM AiResearch NLRB

Communicators To Meet In Tempe For Arizona Chapter Dinner

The Arizona Chapter of the International Association of Business Communicators will hold its regular meeting on February 9 at Monti's La Casa Vieja in Tempe. Cocktails begin at 6 30 p.m. with dinner at 7. National executive director Gerry Keating will speak. Reservations via Linda Bentheim at 944 2611 ext 270.

Arizona The International Association la Casa“ Vieja Tempe Gerry Keating National Organization Linda Bentheim

Capital gains tax shifts described for 1970 returns

The Arizona Society of CPAs notes rising stock market activity and explains new long term gains rules for 1970. Gains above 50 000 face 32 5 percent plus surcharge with 35 percent after 1971. Loss rules require 2 1 to 1 deduction and averaging options may ease some burdens.

Arizona Society of Certified Public Accountants William G. Farrow Arizonia Society of Cpas

Lockheed Accepts $200 Million CSA Transport Loss

Lockheed agreed Monday to absorb a $200 million loss on the CSA transport plane. The reversal followed a Defense Department letter saying funds could not be provided during Lockheed’s planned litigation contesting the department’s position. UPI reported from Burbank.

Burbank UPI Oma Lockheed -Aircraft CSA Defense Department Lockheed Department

Pinch hits for optimism at Maricopa Controls in Scottsdale

Progress staff writer Gordon Robbins reports on Maricopa Controls, a three year old Scottsdale firm at 8013 E Roosevelt, faring better than peers yet hit by defense cutbacks. The company designs aircraft engine controls and electronics for AiResearch Motorola Beech Swearingen and Mitsubishi. Joe Potts founded the firm in 1967 and is now VP and production manager. The firm employs five after downsizing from thirteen and hopes for growth toward Dickson Electronics or Motorola scale.

Scottsdale Maricopa E. Roosevelt Bill Charles McMurry Wichita Joe Potts Potts McMurry AiResearch Motorola Beech Swearinger Mitsubishi Japan Dickson Electronics

Wall Street Rally Seen Nearing a Cliff by Janeway Firm

Wall Street faces a warning from Janeway Publishing and Research Corp. saying current market enthusiasm has pushed stocks overbought. The firm cautions the rally shows no sign of tiring and risks a sharp downturn despite a long advance. Standard & Poor’s Corp. counters that there are no widespread speculative excesses at present.

New York UPI Janeway ‘Publishing & Research Corp Wall Street Standard & Poor’s Corp

James R. Smith to Keynote National Electrical Week Banquet

James R. Smith assistant secretary of water and power resources of the Interior will keynote the National Electrical Week All Industry Banquet on February 9 at 7 p.m. in the Thunderbird Room of the Hotel Westward Ho Phoenix.

James R.’ Smith Power Resources of Department ‘of the Interior Thunderbird Westward Ho Phoenix

Also Mentioned on This Page

Charles McMurry Maricopa Controls Progress Photo J.R. R Bob) Barfield Great ‘Western Bank Barfield E. Latham Bank Covington Scottsdale Stationers Pima Plaza First Ave Sears Phénes Gordon Robbins Scottsdale Daily Progress Wall St. Charter James Smith Highland Executive Desk Sears, Roebuck and CO 20Th St E. Camelback Los Arcos Mall E. McDowell
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