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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Feb 11, 1970
Page
5
Lute B. Wasbotten of 8103 N Coconino Rd a retail pharmacist has been named a member of the National Association of Retail Druggists Committee on National Legislation. Community pharmacists help shape policies and projects at local level per association president Chris Halestor.
Tom C. Berry of 9218 N 52nd Pl has been named general manager of Southwest Properties Inc. Berry has been with the firm for a year and will oversee land acquisitions and marketing for theArizona real estate firm. Two Scottsdale residents are among 10 MetLife Camelback district office agents who each exceeded 1.1 million in life and health insurance last year. John Branger and Wyman Phetteplace are noted performers with lengthy tenures and family details provided.
Motorola Inc directors propose to double authorized shares from 10 million to 20 million at the May 4 annual meeting. Pending shareholder approval, a share-for-share distribution is planned on May 25 for holders of record May 11. A June quarterly dividend of 150 cents per share is planned if the increased shares are approved, marking a 20 percent rise from the current annual rate of $1 per share. The distributor aims to broaden market and distribution of Motorola common stock.
Scottsdale resident Robert L Jones of Motorola's integrated circuit center Mesa will present a paper at the 6th annual Quality Control Seminar at Florida Technological University in Orlando on February 21. The event is co sponsored by the Orlando Section of the American Society for Quality Control and the FTA Department of Industrial Engineering and Management Systems. Jones, a city councilman, will discuss processes and problems in inspecting integrated circuits.
Millions of census envelopes ship March 28 to every U S household and on April 1 Census Day the self service survey goes national. Urban addresses receive forms via mail carriers, rural areas get questionnaires left at delivery points, and new monthly updates track population changes. The clock in Washington illustrates rapid demographic flux since 1790.
Arizona continued to see economic advances in January per the Purchasing Management Association of Arizona survey. Production and employment growth slowed to the weakest pace in over a year while price increases remained rapid. Delivery times lengthened, with 46 percent reporting slower shipments and 7 percent faster. Inventory levels rose, with 38 percent reporting higher stocks and 22 percent reduced inventories.
First Federal Savings and Loan of Phoenix leads the 1969 United Savings and Loan League top 100 with 12.5 percent growth in savings, rising from 82nd in 1968 to 69th in 1969. City Federal of Elizabeth, New Jersey, is second with 11.6 percent growth.
A Phoenix firm Diamond's expands from two to four outlets in 14 months with two more planned after finalizing the acquisition of Ronzone's in Las Vegas. Four men receive promotions including William R. Bryunkal, personnel director. The fourth Phoenix store likely opens in 1973.
The piece likens the stock market and economy to a patient on the critical list. It cites inflation as the disease and the Federal Government as the doctor. It notes a change of administrations and a controversial operation to remove funds from the system.
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