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Scottsdale Progress in Scottsdale, Arizona

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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

Scottsdale Progress

Location

Scottsdale, Arizona, United States of America

Date

Feb 26, 1970

Page

12

Bank appoints vice president and promotes executives

A. Mack Gilstrap named vice president of First National Bank of Arizona after joining in 1968. Mack E. Duett promoted to manager of central cash. he joined in 1959 after Marine Corps service. Scottsdale dealers and executives from Sovereign Industries also noted.

A. Mack Gilstrap First National Bank of Arizona Arizona Scottsdale Boys Club Scottsdale City of Mack E. Duett Duett Arizona State University First National Bank U._S. Marine Corps Central Cash Department Culver St Sovereign Industries,Inc Luke Browning Granite Reef Rd K. Allan Driggs E. Granada William L. Lockhart Spur Circle

Borman to Speak at Arizona Products Dinner in Phoenix

Col Frank Borman, space veteran and UA alumnus, will keynote the Fourth Annual Arizona Products Dinner in Phoenix on March 3 at the Ramada Inn. The event, hosted by the Arizona Super Corporation, promotes Arizona manufacturers with tickets at 8.50 and ongoing Arizona Products Month through March.

Phoenix Arizona Col Frank _ Borman Borman Arizona Products Ramada Inn East van Buren Arizona Super Corporation ASC

Arizona Retail Sales Jump to 3.5 Billion in 1969

Arizona provinces report exceptional 1969 growth with total retail sales reaching 3.5 billion dollars, up 14.2 percent from 1968. The rise outpaced national gains in dollars while physical volume also increased, aided by higher prices, population growth, and tourism. Per capita sales rose dramatically, up 198 dollars versus a 46 dollar national gain.

Arizona Valley National Bank Monthly Arizona Progress U.S

Motorola reports record 1969 sales and earnings highs

Motorola Inc. reports all time record sales of 873,224,220 and earnings of 33,792,573 for 1969 up 13 and 19 percent respectively. Fourth quarter sales reach 234,993,103 with earnings of 9,698,050. semiconductor division leads with over 35 percent sales gain and the communications division also grows. Chairman Robert W. Galvin cites diversification for near plan results amid auto and TV slowdowns.

Chicago Motorola Inc Robert W. Galvin Semiconductor

Green Stamp catalogs begin distribution in Scottsdale market

The 1970 S H Green Stamp merchandise Ideabook shows 180 pages and 1 950 items available with Green Stamps. Distribution started last week at Earl's Shoppers Market in Scottsdale.

S&h Scottsdale Earl's

Wall Street outlook mixed as inflation fight drags markets

Wall Street firms say inflation news is gloomy but stocks price in pessimism. Spear & Staff notes volume rise and a rally that could stall if money markets sour. Standard & Poor's warns that a correction may come with disenchanted policy expectations while others see technical strength and improving advance-decline data.

New York UPI Spear & Staff Wall Street Standard & Poor’s E.F. Hutton Inc Goodbody

Realistic guide to Mexico business discussed at AZ World Trade event

A trilateral panel at an Arizona World Trade Association dinner examined border dealings and benefits of doing business in Mexico. Jack H. Scott of General Industries Corp. highlighted new Nogales and Agua Prieta facilities, potential payroll growth, and the Tranco transformer acquisition moving to Arizona. Tom J. McSpadden spoke on border labor and tariffs. Byron C. Campbell reviewed Mexico’s economy and IMAN's role in executive development.

Mexico Arizona World Trade Association Jack H. Scott General Industries” “Corp Phoenix Industrias Generales de General Industries,Corp San Diego Tom J. McSpadden University of Hawaii University of Vienna Thunderbird Graduate School of International Management McSpadden Byron Campbell Mexico City Iman

Generation gap on Wall Street reshapes brokerage

Veteran trader Donald Gloisten notes a divide between the Old Street and New Street as MBAs and tech focus drive a potential structural shift in the brokerage industry. He cites Blythy & Company’s exit to INS as evidence of the changing landscape and predicts New Street will soon unify financial services.

Gloisten Glore Forgan Staats Inc New York Stock Exchange Wall Street Wall Streets Chicago la Salle St Montgomery St San Francisco Spring St Los Angeles Blythy& Company I.N.S Insurance Company of North America

Staggs to Rename Lynn Tech After Asset Transfers

Ralph E. Staggs is named new president of Lynn Tech Inc and transfers all stock of Staggs-Bilt Homes Inc to Lynn Tech. He owns 98 percent of Lynn Tech stock. A meeting will consider renaming the company to Staggs Enterprises Inc. Staggs-Bilt had 6.6 million in assets and 1.5 million in net worth at Oct 31, 1969, with eight residential projects in Phoenix area.

Robert E. Swanson E. Redwing Aid Association For Lutherans G Pt V. Krampien AAL United States Canada Ralph E. Staggs Lynn. Tech, Inc Staggs-Bilt Homes Inc Lynn Tech, Inc Staggs Enterprises,Inc Staggs Staggs-Bilt ‘Homes, Inc Phoenix

Valley National Bank approves 16 cent dividend

The Valley National Bank of Arizona declares a regular first quarter cash dividend of 16 cents per share payable March 13 to shareowners of record at the close of business March 2, 1970. The total payout totals 1,286,006 dollars on 8,037,543 shares outstanding.

The Valley National Bank of Arizona

Arizona Bank Declares First Quarter Dividend

The Arizona Bank board approves a 28 cent per share dividend for stockholders of record as of March 5 1970. The payout reflects the bank’s ongoing earnings and shareholder return policy.

The Arizona Bank. Board of Directors

Also Mentioned on This Page

Bank William L. Powell Powell’s International Motor Truck Dealer Powell Gilstrap National Aeronautics and Space Administration University of Arizona NASA Continental Can Tempe Arla Jo Greene Northern Arizona University NAU Valley National Bank Research Department Motorola Avis Avie Rente Plymouth Davis Rent A Car System, Inc ITT Scottsdale Daily Progress Wall Street Charter Scott’s Company Nogales Sonora Agua Prieta Dow- Jones Martapa N.Y. Stock Exchange Industrial Index By Donald G. Gloisten Ajack Twensisine McDowell Rds Harrys Papago Plaza Scottsdale &McDowell Rds Bank Americard Luggage &I Varkways LUC Leather Goods Papago Central Mister R Bonafide Famous Brands VNB Arizona Bank Cordon’s Barber Shop
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