Telephones see boom in home answer devices market
AT&T warns DIY installation can disrupt service while Phone Mate Inc leads a growing boom in home answering devices. With sales rising from 1.3 million in 1971 to an expected 14 million in 1973, hundreds of firms target 130 million U.S. subscribers as more homes adopt caller systems and after hours recorders.
MENTIONED IN THIS ARTICLE
OS Angeles
UPI
Rick
Kathy Neustadt
Beverly Hills
River Kwai
Kathy
Andy
Neustadts
American Telephone& Telegraph Co
Ma Bell
Federal Communications Commission
At&t
Phone-Mate Inc
Torrance
Calif
United States
14 state development meeting opens in Scottsdale
The Americans Industrial Development Council hosts its first District VIII Conference today and Thursday at the SunBurst Hotel in Scottsdale. Governor Jack Williams delivers the keynote as panels examine energy, environment and economic development with participants from Arizona and 13 other states.
MENTIONED IN THIS ARTICLE
Americans “Industrial Development Council
SunBurst
Scottsdale
William F. Kane
AIDC
District VIII
Arizona Office of Economic, Planning and Development
Wyoming
Colorado
Utah
Arizona
New Mexico
Montana
Idaho
Nevada
California
Texas
Washington
Oregon
Maine
Missouri
Jack Williams
Jack Myers
ORPAC
Br. H. William Welch
7-Eleven Franchisees Gather for Western Convention
More than 400 7-Eleven Food Stores owners from southern California Arizona and Nevada will meet January 23 24 at the Anaheim Convention Center for the first franchisee convention in the field. Dick Dole Western Division manager says the meeting will align management with franchisees for 1974 plans and honor 1973 performance. The two day event includes a trade show sales meeting awards program and social events for franchised families.
MENTIONED IN THIS ARTICLE
7-Eleven
California
Arizona
Nevada
Anaheim
Calif
Convenience Food Stores
Dick Dole
Western Division
7-Eleven Food Stores
Southland Corporation
Dole
ITT Cannon Plans Four Day Conference At Camelback Inn
More than 150 sales representatives and marketing executives from ITT Cannon Electric across the United States Canada Europe and Japan will attend a four day conference at Camelback Inn January 16 to 20 L W Oliver of ITT Cannon Phoenix cited talks by J L von Harz J H Keller Norman Lloyd and Dan Shea The eight divisions will host trade shows to display new products including connectors for rapid transit electronic cash registers automotive electronics and data processing systems CATV and community antenna TV systems will be showcased with talks on new uses.
MENTIONED IN THIS ARTICLE
ITT Cannon Electric
United States
Canada
Europe
Japan
Camelback Inn
L.W
Oliver
General Machinger
ITT Cannon
Phoenix
J.L. von Harz
ITP Cannon
J.H. Keller
ITT
Norman Lloyd
Automotive Industries
Dan _.Shea
Electronic Products Magazine
Electronic Engineering Masters Directory
Predicted Wave of Executive Oustings in 1974
The Gallagher Presidents Report predicts that 50 percent of the chiefs at America's 500 largest corporations will be replaced by year end 1974. It cites Nixon governance, leadership gaps, and a poor economy as drivers, with mergers, retirements, and foreign takeovers among the causes.
MENTIONED IN THIS ARTICLE
New York
UPI
Gallagher
Nixon
SRP sells 90 million in improvement bonds
The Salt River Project sold 90 million dollars of municipal revenue bonds at a low net interest cost of 5.7599 percent. SRP President Karl F. Abel said bids were submitted by three groups and that the bid reflects current money market conditions and SRP's high credit standing.
MENTIONED IN THIS ARTICLE
SRP
Salt River
Karl F. Abel
Baca Grande Corp Absorbs Prior Associates
Larry W. Mobley of The Baca Grande Corporation announces the merger of Prior Associates Inc into The Baca Grande. Prior staff will join as the public relations advertising department to serve company interests. Avery A. Dixon Jr. becomes VP public relations with offices at 4235 North Brown Avenue Scottsdale.
MENTIONED IN THIS ARTICLE
Larry W. Mobley
Baca Grande Corporation
Arizona-Colorado Land and Cattle Company
Prior Associates, Inc
Arizona-Colorado
Mobley
Prior—Associates
Baca’ Grande Corporation
Colorado
New Mexico
Avery A. Dixon Jr
Prior Associates
Boca Grande Corporation
North Brown Aveue
Scottsdale
Market Drops On Inflation Fears And Uneasy Peace Talks
The Dow Jones industrial average fell 26.45 to 835.33 amid inflation worries and stalled Middle East peace talks. S&P 500 slid 2.53 to 93.59 as more than 1,300 issues declined and only about 200 advanced. The session ended shortly after an hour of talks adjourned for a week.
MENTIONED IN THIS ARTICLE
New York
UPI
Middle East
Dow Jones
New York Stock Exchange
Dow
Standard & Poor
S &C
Motorola wins $2.3 million contract for defense devices
Motorola Government Electronics Division in Scottsdale received a $2.3 million award from the Naval Ordnance Systems Command for target detecting devices in an advanced missile project. The total value rises to about $10 million with extensions, and work will be done at the Scottsdale plant by the existing workforce. Ralph W. Elsner announced the arrangement.
MENTIONED IN THIS ARTICLE
Naval Ordinance Systems Command
Motorola
Government Electronics Division
Scottsdale
U.S
John Rhodes
Government
Electronics Division
Ralph W. Elsner
Wall Street Chatter Urges Caution On Buy Signals
The Dines Letter warns a buy signal at 788.31 may be canceled and a short term sell signal could appear in coming sessions. It urges liquidation into gold and silver shares as new lows exceed highs. The Fed margin cut is seen as bullish, possibly driving the Dow toward 1100 to 1200, but caution remains about a major reversal and glamor stocks.
MENTIONED IN THIS ARTICLE
New York
AUPI
Dines
Henry Kissinger
Indicator Digest
Palisades Park
N.J
New York Stock Exchange Close: Selected Stocks Reported
UPI reports NYSE closing quotations for numerous stocks with numbers showing gains and losses. The list includes Admiral, Aetna Life, Air Products, Boeing, Coca Cola, General Electric, IBM, Pfizer, Texaco, Union Carbide, and many others with varying percent changes and price levels.
MENTIONED IN THIS ARTICLE
NEW York
UPI
New York Stock Exchange
Admiral Cp
Aetna Life
Alcoa
Am Airlines
I Amtat
Ametek
AMF Sp
Apeco Corp
Armcos
Arms Ck
Baker Oil
Bangor
Aly
Bath Ind
Beckma
Bell Hwl
Bendix
Benguet Inc
Vy Beth St
Boeing
Borge Cas
Borden
Borg
BrGrup
van Brunswk
Bucyrus
Budd Co
Bulova W
Bunker R
Chrysir
Colgate
CBS
Col Gas
Dow Jones Averages Close Mixed As Trading Ends
The Dow Jones industrial average fell 26.99 points to 834.79 and the transportation index slipped 4.83 to 186.75 while utilities eased 1.28 to 92.79 and the overall average dropped 7.42 to 267.53 as 18.07 million shares traded.
MENTIONED IN THIS ARTICLE
Comsat
Crane Co
Se Deere
Dennisn
DowChem
Dresser
Duke P
DuPont
BascoCo
ElPaso NG
Eltra Vp
Esbinc
Esmark
Essexint
EthylCorp
Excello
Wa Exxon
Faberge
Wy FairCm
Fairind
Fairmt
Farah Mig
Ferro Cp
Firestone
GAC Corp
Gannett
Gen Instruk
GenMill
Va G Pabu
Va Gn Steel Ind
Sir Goodric
E Grace
Gulf Oil
Gulfstu
Gulf&Ws
Idaho
IdealBas
Imperial Cp
INA
T&t
Jantzen
Jeff Pilot
JohnMv
John&Jn
JonLogn
Jonesl
Jostens
JoyMfg
KaiserAl
Kayser
Kidde
Kim Cl
KLM Airl
Knight N
Kopper
Kraftco
Kresger
LearSieg
Libby McNi
Va Lockheed
Lone Sindt
LTV Corp
Luken
Q Macy
Massey
PacGas
PacPwr
Panhandle
Penn Centr
Penney
Pennpl
Pfizer
PhilaEl
PhilPet
Pillsbry
Ms Pilny
Pse&g
Vq Pullman
Ralston
Raython
RCA Corp
Va qReading Co
Va RepSil
Revion
Va Rochg
Va Rockwil
Royle
Ie StroMn
StRegis
Sander Asso
Sears
Shell Oil
SierraPc
Singerc
SmithKline
Va SouthCo
SoNtRes
SoPacif
So Rail
Ohio
Tandy Corp
Ve Teledyne
Ja Teneco
Texaco
Textron
Thiokol
Thriftyd
Timlin
TraneCo
Byu
UnCorp
US Gyp
US Indus
US Steel
US Tob
UniTel
UnivOil
Upjohn
Utah
India
Va Walgreen
Va WarLm
Wstn Air
WsBanc
Va Wunion
Westg el
Wstvac
Weyrhas
Whilpool
Va Whit Con
White Motor
Xerox Cp
Zale Corp
Vyzayre Corp
Zenith R
Dow Jones
Indus
Austral
Buttes
Cal
Io — Ve Dixlyn Corp
Be— Hb
Dome
Petro
Felmont Oi
Finel SB
Fischr
Frontier Air
Kaiser
Lee Ent
Ra LoewsTh
McCulfch
Statham Ins
Syntex C
Vikoa ‘Incor
Wye Enc
Yates Indus
Market close roundup on American Exchange stocks
New York reports select American Exchange stocks closing with mixed gains and losses. Notable names include Petro and Creole, while oil and gas issues such as Dome Petro show varied performance amid broad sector fluctuations.
Also Mentioned on This Page
College of Engineering Sciences
ASA
Edward Cahill
Standard Oil Company of California
John McFall
el Paso Natural Gas
Ivor Pickering
Kennecott ‘Copper
Jack Pfeister
Salt River Project
Roy Drachman Sr
Urban Land Institute
Washington,dc
Fred Talley
Arizona Real Estate Commission
Robert ‘O’donnell
Harmon, O'Donnell and
Henninger
Denver
James Cook
Ernie Hahn
Construction Co
Los Angeles
Environmental Protection Agency
Malcolm. J. Bartlett
Kaiser Aetna
Exec
Scottsdale (Az
Daily Progress
Wall Street
Federal Reserve Board
Spear & Staff, Inc
Babson Park, Mass
Fed
HeelaMn
Heinz H
Hercules
Hershy
Heublein
Hewltt P
Hilton Htl
Hobart M
Hoernz
Hoff Electa
Hol Inns
Homesti la
Howywl
Houslp
Howard J
Howmet
Mccroy
McLean
Mead Cp
Merck
MGM Ab
Midsou
Mm&m
Vo Minapl
Mohsco
Monogram
MtStTel
MurpCo
Nabisco
Okiaang
OlinCorp
Omarkin
American Exchange
API
American Stock Exchange
Progress Circulation Department
Ramsey
Scottsdale Progress
E. Earl Drive
Scotisdale
Devil
MS. Jones