You and Your Money Deferred Annuities Explained
Judith G. Rhoades explains a deferred annuity where earnings are not taxed until withdrawals. The plan reinvests tax free earnings to grow more, with possible principal withdrawals and reduced taxes on retirement distributions. If the owner dies before using the annuity, the beneficiary may inherit with minimal taxes and probate costs, though estate taxes could apply.
MENTIONED IN THIS ARTICLE
Judith G. Rhoades
Copley
C.A
Los Angeles
Calif. A
Markets close higher amid slow trading in New York
Stocks ended up on light volume as the Dow rose 6.72 to 604.44 and the S P 500 added 0.17 to 64.82. Traders awaited the Federal Reserve loan demand report and President Nixon’s Thursday night remarks on the economy.
MENTIONED IN THIS ARTICLE
New York
UPI
Standard & Poor
Federal Reserve Board
Nixon
Treasury Department
NYSE Closing Quotations Highlight Broad Market Activity
New York based UPI report details closing quotations on the New York Stock Exchange with numerous stocks showing varied gains and losses. The listing includes price changes and daily percentages across multiple industries and prominent companies.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Wall Street Chatter Predicts Short-Lived Swings Ahead
Standard & Poor's notes thin markets and lack of conviction amid rising uncertainty. E F Hutton cites Nixon address and Cyprus tensions as factors likely to keep the market directionally indecisive. Indicator Digest expects a near-term bottom but sees little movement in averages.
MENTIONED IN THIS ARTICLE
New York
UPI
Standard & Poor’s
E. F. Hutton
Nixon
Cyprus
Dow Jones closes higher with mixed gains across sectors
Dow Jones averages advance led by industrials and utilities while transportation and stocks rise. Trading volume reaches 12.87 million shares as gains widen across the market.
American Exchange Selected stocks close on AMEX
New York based American Exchange reports closing prices for a list of stocks with fields for net change percent high and low. Notable entries include Petro Austral Banister Brascan Cal Compir Circle K and Ford among others with varied gains and losses.
MENTIONED IN THIS ARTICLE
NEW York
API
American Stock Exchange
P.E
Hds
Carnatn
Dixlyn Corp
Dome Petrol
Feimat
Fischer Pi
Ford
Frontier al
Husky Ol
Kaiser
Ve Kirby Ind
Lee Ent
Lee NatiCp
VW LoewsThwi
Syntex C
Utah Sgr
Vikoa Incor
Wyo Enc
Yates Indus
OSHA Seminar On Safety Act Rules In Scottsdale
The Arizona Safety Council will hold a free seminar for businessmen to acquaint them with Occupational Safety and Health Act rules. Sponsored by the Scottsdale Chamber of Commerce it runs from 9 a.m. to 4 p.m. at the SunBurst Hotel with explanations of the act compliance and inspection processes.
MENTIONED IN THIS ARTICLE
Arizona Safety Council
Occupational Safety and
Scottsdale Chamber of Commerce
SunBurst Hotel
Commodity Closings From Market Quotes
Today's closing prices include London gold 143.50 down 0.50, silver 4.715 up 0.071, platinum 218.70 up 2.20, copper 87.5 up 0.019, wheat 4.61 up 0.14, soybeans 7.86 up 0.20, live cattle 47.65 down 0.10, live hogs 39.30 up 0.40, potatoes 5.26 up 0.06, cotton 58.60 up 1.86, plywood 117.20 up 0.90.
MENTIONED IN THIS ARTICLE
New York
UPI
New York Stock, Exchange
We AlliedCh
Curtiss
Pat Wy AlliedSt
Cyprus
Va Alfis Cha
Aleod
DanRivr
Airwines
Dayco
DeltaAir
AmElcPw
Dennisn
AmStor
Amt&t
Dresser
Ametek
Odukep
AMF
Vy DuPont
Ampex Co
Duquel
Amstar
Ee—Anécon
Basco Co
Apeco Corp
Eastern Air
Va ArmcoSit
East Ko
Ma Atlas Corp
Emer el
S— Avco Corp
Esbinc
Avnetinc
Esmark
Ethyl
Bab&Wil
Baker Oil
Exxon
E Bangor Pn
Fk Fa Bath Ind
Faberge
Fds
FairCam
Beckmn
Faircind
Bell Hwi
We Fairmif
Fleming
wBorden
Bourns Inc
FoodFar
LoewCp
Braniff
LTV Corp
BrGrup
GAC Corp
GAF Co
Budd Co
Bulova W
CaterTr
CBS
CerroCorp
Cessna
Wat Vo Chase
JBMA
Chessle
ATV
Chris Craft
Chrysir
Colgate
Hershey Wa
JOM
Heublein
Va Hewitt P
Hilton
Inexco
InspCop
IBM Corp
T&t
Itek Corprin
Jantzen
JeffPilot
Jonn&Jn
Jones L
Jostens
Va Joy Mfg
Kaiser al
Oat
Kennecot
Ae Wa Kerr Mc
Kidde W
Ave
Kim Cl
KLM Ajri
Knight N
Kopper
Kraftco
Kresge
Kroger
Va LearSieg
LOF
Libby McNi
Ligg My
Littin
Bet
Lockheed
Macy
Marane
Wes Massey
MayerOs
Va Maytag
McCroy
McDon
McGrEd
Mm&m
Mohsco
Monson
Natomas Ig Vy
Ncrcp
New Pwi
Nengel
Yo NingMo
NL Industral
H NorfolkWs
NwBan
Nortons
OgdenCp
Ohio Ed
Okla NG
Olin Corp
Vie
Omarkin
Bat ‘Or Rcki
Otis el
Owencf
Owenlll
P Pp
PacGas
Paclig
PacPetr
PacPwr
Pct&t
Pan AmAir
Panhandle
Wse
Penn Centr
M Penney
PennDix
Pennpl
PepsiCo
Pfizer
Phelp
PhilaEt
PhillpMo
PhilPet
Pillsbry
Purotatr
QuakCat
Ralston
WA HW
RCA Corp
RepStl
Reviow
Rey
Rey Met
Riviana
Robshaw
Rochg
Rockwell
Rohmh
Rohr Ind
Royal CC
Royld
Safewy
St Regis
Sander Ass
Sanf Tn
Ve Schering
Dee Schlumb
SCM Co
ScottPap
London
Maine
APS warns of impersonators posing as utility surveyors
Arizona Public Service Company warns customers that unknown individuals are calling or visiting homes claiming to represent APS. The firm says it is not conducting telephone surveys or home wiring checks and advises customers to verify identity with an APS employee and contact their local office if unsure.
MENTIONED IN THIS ARTICLE
Arizona Public Service Company
APS
Jerry Human
Human
Schindler Attends Institute for Organization Managers
Shep Schindler of the Scottsdale Chamber of Commerce completed a five day Institute for Organization Manager at the University of Santa Clara. The program, conducted yearly by the Chamber of Commerce of the United States, offers a 27 hour, five day curriculum taught by distinguished university professors to upgrade voluntary organizations.
MENTIONED IN THIS ARTICLE
Shep Schindler
Scottsdale Chamber of Commerce
University of Santa Clara
Chamber of Commerce of
United States
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Gam Sk
Va Gannett
Gen Dynam
GenMiil
Steel Ind
Gerber
Grand W
Gt A&p
GtMek
Gtwsfin
Gulf&Ws
Sears
ShellOll
Sierra Po
SignalCo
Wee
SimusCo
Va Singer
Smithktine
Cal&d
SouthCo
Sonres
SoPacif
So Rail
Sp Rand
Squard
Tandy Corp
Teledyne
Nat Teneco
Va Texacolnc
UnoCal
UN Pac
Uniroyal
TM Om
Utd Abert
Va Utd Brands
UnCorp
US Gyp
US Indus
US Steel
Va US Tob
Iedda
UniTel
UnivsOif
Las Ini Upjohn
Utah
Utah PL
UV Indust
Varian
VendoCo
N Vetco
Victor CC
Va Elec
WarLam
WsBanc
Weyrhas
Whitpool
Whittakr Cp
Wickes Cp
WinnDx
Woolwh
Xerox Cp
Galecorr Ve
Zenithr
Zurn Ind
Wall Street
Internal Revenue Service
Scottsdale
Indian School
Phoenix
J. Milton Newton, Inc
North Central Avenue Financial Center
Arizona
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Tg Ee
St. Petersburg
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Tucson
Ft. Lauderdale
Orlando
Jacksonville
Houston
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Fred Schaffer
Bache & Co., Inc
Business Printing ‘Design Service
Social Printing
Harry
E. McDowell
Schindler
Scottsdale Stationers
Shhaeffer
Ross
Parker
First Ave
Pima Plaza
Scottsdale Area
Madda Trading Company Inc
TELA
PMTEL
Madda- Trading Company Inc
East Fourth Street
Chicago Mercantile Exchange