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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Feb 15, 1974
Page
6
UPI reports at a glance NYSE closing figures for Admiral, Aetna Life, Air Products, Alcoa, Allied, Amex groups and numerous listed corporations. The page lists high low and close prices with percentage changes, showing market activity across sectors and major names.
Donald E Kangas a certified public accountant 8537 E San Miguel named controller of Mesa General Hospital by William L Pierpoint vice president of National Accommodations Inc owners and operators Kangas comes from Calumet Public Hospital Laurium Michigan where he was administrator for five years Harry Maulding named Continental Bank Mortgage Loan Department vice president prior to Continental he was senior vice president with H G Smithy Mortgage Bankers in Washington James W Pullaro Scottsdale joined Westcor as a Teasing agent 1969 ASU graduate marketing will also own Arizona School of Real Estate
Phil Lippmann of 7704 E Harvard St has qualified as a registered representative of John Hancock Distributors Inc, broker dealer for John Hancock mutual funds. He will develop the peripheral area for Westcor’s Metrocenter project in Phoenix and has passed NASD exams meeting Arizona requirements. Leonard Breen of Scottsdale named Agency Man of the Year for 1973. Audrey Herring named assistant to KOOL president Tom Chauncey. James Wood of Accurate Air Conditioning previewed Carrier’s new high efficiency outdoor units for western dealers in Las Vegas.
E F Hutton and Argus Research Corp warn that subdued New York Stock Exchange volume signals apathy and possible further declines. Analysts note blue chip cyclicals deteriorating and few stocks profiting from strong earnings as investors remain skeptical about near and mid term outlook. Dow tests December low as leadership falters.
Selected stocks on the American Stock Exchange close with mixed gains and losses. Companies include Petro, Austral Oil, Banister, Brascan, Circle K, CreoleP, Day Mn, Dixlyn Corp, Dome Petro, Felmont Oil, Frontier Air, Husky Oil, Kaiser, Loews Th, Okie, PacNW, Pneum Dyn, Soliton, SoundCp, and others showing varied percentages and prices.
Dr. Sidney L. Jones assistant secretary of commerce for economic affairs will discuss Economic Planning During the Transition at Arizona State University in the Memorial Union Pima Room at 10 40 a m Thursday. The talk is free and open to the public. Jones, a former University of Michigan professor and Utah State graduate, served as top aide to Paul McCracken and is known for guarding statistics integrity amid White House pressure.
Dow Jones totals show 30 industrials up 10.40 to 820.32, 20 transportation up 2.20 to 184.77, 15 utilities up 0.45 to 93.24, and 45 stocks up 2.97 to 264.32. Trading volume reached 12.64 million shares.
A federal court in San Francisco ordered Royal Palms Inn Corporation doing business as Valley Country Club of Scottsdale to pay 3 489 in unpaid overtime to 21 employees. The judgment follows a November 20 1973 ruling enjoining future Wage Hour law violations. John Breen supervised the Labor Department investigations leading to the complaint.
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