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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Jul 10, 1964
Page
6
A reader argues the stock market differs from horse racing in risk and ownership. The column notes stocks offer partial loss protection through sellable value and dividends, while horses can wipe out stakes. stock ownership makes one a corporate investor with brokerage costs averaging about one percent for large trades.
Betty Bergen wife of Fred Bergen two aerialists in The Silver Condors fell 40 feet to pavement at a Cheektowaga NY shopping center show. She died from a broken neck despite audience physicians and the act continued after the tragedy.
The city council approved re zoning for about 28 acres of a 40 acre parcel between Indian School and Camelback on the east side of Miller Road. Attorney Phillip Messinger filed for highway commercial zoning, with amendments to allow central business district zoning and off street parking. The property owned by Joan Garote of Scottsdale will be buffered by service residential zoning and the remaining land zoned for apartments.
The Jobs for Youth program run by the Arizona State Employment Service has placed 180 of 540 applicants since May 25 in Scottsdale. Most jobs are temporary such as lawn work and babysitting, with participants including tutors, secretaries, sales folks, and waitstaff.
City-Wide Mortgage Co. announces a Scottsdale office at 719 N. Old Scottsdale Rd. Office manager Charles R. Paynter says the move provides space for a major FHA approved mortgage company in the area.
Mrs. Leon Williams hosts a patio party tonight at 7426 E Portland as family friends gather. Carl Seger Ae 1 with wife Terry and their four children are in Scottsdale after three years in Puerto Rico and plan to settle in Norfolk following the move.
UAW nears finishing its prelims on demands for Chrysler GM and Ford. The union seeks higher pay better benefits longer vacations earlier retirement and improved insurance and overtime relief. Counterproposals planned after unions position is stated.
A report that Jack Palance escorted a Black woman to a Tuscaloosa theater sparked a riot as over 300 whites attacked the building. Police used tear gas and hoses. a window was broken. The claim was later said to be unfounded. Hoover planned talks on Mississippi race tensions in Jackson. The Robert E. Lee Hotel in Jackson planned to reopen as a private club with two restaurants also declaring similar moves.
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