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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Feb 23, 1971
Page
4
Final 1970 census figures show Scottsdale with 67 823 residents in 21 606 housing units. Median home value 22 900 dollars. 5 200 homes valued above 25 000. Renter units 4 297. median rent 152 dollars. White 67 119. Negro 123. other 581. Maricopa County 967 522. Arizona 1 772 482.
Three Scottsdale area graduates completed a intensified one month Motorola Executive Institute program at a secluded guest ranch near Tucson. Franc R. J. deWeeger Grover Kennett and Allen R. Scharf earned diplomas and were congratulated by Motorola president William J. Weisz. The institute aims to develop long term growth by shaping managerial attitudes and motivations.
A Washington tax expert James McCarthy of General Business Services explains methods for deducting auto expenses. He details actual expense versus mileage allowance, current rates, and criteria to qualify.
Central Chapter of the Arizona Society of Professional Engineers will hold its annual Engineers Week Banquet and Dance at the Safari Hotel Saturday evening. John Wise, vice president of engineering for WED Enterprises, will discuss progress on Disney World, a large theme park under construction in Florida. Wise is a registered professional engineer and has been with the Disney section for 12 years.
Scottsdale residents R T Davis and L A Owens named to lead the new Woolco Department Store opening Wednesday at 32nd Street and Thomas Road. Davis will be store manager and Owens assistant general manager. The design features wide aisles and air conditioning joining two existing Woolco locations in Tempe and west Phoenix.
Wall Street analysts at Burnham and Co and Hardy & Co anticipate a strong economy in 1971 with the Dow likely to reach 900 and then 1,000 in 1972. They warn a sharp market drop could occur if growth fails to meet expectations while noting inflation would shift from a recessionary pattern to a profitable economy.
Mr. G's Interiors opens its second location at Valley Fair Shopping Center in Tempe. William Grate, president of the firm, notes the original store at 2559 N. Scottsdale Rd. staffs six decorators specializing in carpet draperies wall coverings and furniture.
Arizona Public Service announces it filed a registration with the SEC and an application with the Arizona Corporation Commission to sell about one million shares of common stock around March 16. Net proceeds aim to reduce short-term debt from construction and other uses. Expenditures for 1971 1973 are estimated at 293 million dollars. R L Forsberg says the stock will be offered to the general public via a nationwide underwriting group.
Stewart Title & Trust Scottsdale promotes Sharon Mowery to escrow officer and branch manager at 7000 E Camelback Rd with 15 years in savings and loan and title work. American Title Insurance names Thomas Woods and Miriam Griffin to Scottsdale offices, while First National Bank adds Roger O Byrne as commercial loan officer in Tempe. Parke Davis & Co representatives attend a two day regional sales conference in San Francisco.
Arizona Progress report shows Maricopa County sales for 1970 at 2 335 251 000 dollars, up 9 8 percent from 1909 level of 2 126 026 000 dollars. The gain totals 209 225 000 dollars, indicating strong economic growth.
The Scottsdale Area Chapter of the National Association of Accountants earned the Warner Trophy for leading in 12 competition areas. The chapter, chartered less than a year ago, achieved the top points in membership, acquisition, news releases and education, a spokesman said.
The 1971 S and H Green Stamp merchandise catalogue begins this week in Scottsdale at Earl's Shoppers Market and other outlets. The 178 page catalog shows over 1 900 items, with about 600 new items including women's pants suits thin bikes fondue sets and teen bedroom furniture.
Hong Kongexports for the first six months of 1970 show 942 million dollars in exports, 1.375 billion dollars in imports, and 222 million dollars in re exports. Compared with the same period in 1969 exports rose 23.3 percent and re exports 14.6 percent.
Directors of Valley National Bank of Arizona announce the regular first quarter cash dividend of 18 cents per share payable March 16 to shareholders of record at the close of business March 2. The announcement was made by Chairman James E Patrick after the board’s February meeting in Phoenix.
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