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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Jun 17, 1963
Page
3
The article answers how 2 1/2 percent U S Treasury bonds maturing in 1972 trade around 89 and yield about 3 85 percent, noting reinvestment needed to beat that yield if sold now. It also explains broker roles and advisory-service swindles tied to a vending-machine stock fiasco and jokes about selling timing.
The rise of self-service in supermarkets and retail shifts labor away from clerks to more skilled designers who craft trademarks and package designs. Firms like Dixon & Parcels Associates note high self-service adoption while noting employment changes as brands seek eye catching packaging rather than traditional in-store selling.
Bob Schmitz moved to Scottsdale four years ago to retire but started Nevis Deane with his wife. The business grew from six workers to 70, with a $500000 yearly payroll, shipping 400 pieces daily to Saks Fifth Avenue Magnin Carson Pirie & Scott and Nieman Marcus. They developed Okitia fabric, expanded to a new 8000 square foot plant on Osborn Road, and plan to relocate from 314 Ball Park Plaza to meet demand. daughter Barbara may join after graduation.
Brownmoor Estates Inc. 6125 East Indian School Rd. names Mrs. Jessie Davis to manage its 200 unit apartment complex and the adjacent commercial building on Indian School Road.
UPI reports Senator Barry Goldwater spoke at St. Paul’s Episcopal Church in Arizona for its 81st anniversary. He urged three-fold faith as a remedy for world troubles: belief in God, belief in democracy, and belief by citizens in themselves. Proceeds from the celebration fund repairs.
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