Business Briefs Highlight Scottsdale Underwriters and Industry Moves
Underwriters elect officers led by Michael E. Elbeck as president of the Scottsdale Association of Life Underwriters. Other officers include Edwin A. Edberg vice president Dwight E. Loeffler secretary and Rex P. Prisbrey treasurer. Directors are Robert H. Benton Jr. Robert C. Brown and David L. Kelly. Alexander W. Mooring of Scottsdale named Director of Finance for Eaton International Corp. and previously held senior posts at Ramada Mortgage and Realty and Ramada Inns. Don R. Gibson appointed creative director of Robert A. Mullen Advertising Inc. Peter V. Bellino Jr. becomes Motorola Government Electronics Division program development manager for fuze products at 8201 E. McDowell Rd. Saunders and Associates unveils a new temperature chamber for electronic component testing with a digital computer control. Robert B. McMahon of Swift Fresh Meats leads a Leukemia Society of America Arizona fund campaign.
MENTIONED IN THIS ARTICLE
Michael E. Elbeck
Scottsdale Association of Life Underwriters
Edwin A. Edberg
Dwight E. Loeffler
Rex P. Prisbrey
Robert H. Benton Jr
Robert C. Brown
David L. Kelly
Alexander W. Mooring
Scottsdale
Eaton International Corp
Bite Eaton International
Mooring
Ramada Mortgage and Realty
Ramada Inns, Inc
Ramada
Arizona
National Association of Corporate Real Estate Executives
American Management Association
Colorado School of Mines
University of Missouri
Business
Peter V. Bellino Jr
Motorola Government Electronics Division
Tactical Electronics
E. McDowell Rd
Bellino
Army Navy
Army
Robert B. McMahon
Swift Fresh Meats Co
Leukemia Society of America Inc
Leukemia Society
Second St
Phoenix
New BANCR System Aims to Automate Check Handling
Bank of America and NCR Corp with Stanford Research Institute study a major banking tech advance named BANCR to automate processing of about 27 billion checks and other documents yearly. The project foresees 5 years to complete with 130 to 250 staff and multiple NCR plants.
MENTIONED IN THIS ARTICLE
Donald C. Bauder
Copley News Service
San Diego
Calif
Bank of America
NCR Corp
Stanford Research Institute
SRI
Special Systems Division
NCR
Amnon Ben-Yehuda
Thomas L. Rutledge
Ben-Yehuda
BANCR
Palestine
Israel
War of Independent
United States
University of California At Berkeley
Japan
Sumitomo Bank
Tokyo
Ruthledge
London
Rutledge
Market mixed in active trading on Wall Street
The market showed a mixed day with the Dow dipping 0.08 to 920.37 and the NYSE tally favoring gainers 7 to 5. Volume reached 15.41 million as the session neared close, with the 2 p.m. composite index up 0.07 to 54.71 and the American Exchange index rising 0.32 to 117.27. Big Board movers included U.S. Steel up to 40 percent, General Motors down to 69, IBM up 1 percent to 2585, and Mobil Oil up 1 percent to 69.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
NYSE
American Stock Exchange
U.S. Steel
General Motors
IBM
Mobil Oil
Dow Jones 2 pm stock averages and NYSE prices
The Associated Press reports 2 pm stock quotes on the New York Stock Exchange with the Dow Jones, Industrials, Transports, Utilities, and broader index levels. Prices for Ford, IBM, Coca Cola, General Electric, and other major issues are listed with fractional changes and closing-ish figures.
Arizona Stocks Showrooming State Ties In Markets
The Scottsdale Merril Lynch office reports New York and American Stock Exchange quotes for Arizona based companies and firms with major Arizona facilities. The list includes APS, GenSemi, Patagonia, Southwest Gas and several banks with varying bid and last prices figures.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
The
American Stock Exchange
Arizona
State
Scottsdale
Merril Lynch
Pierce, Fenner and Smith
Commodity Closings
London gold at 139.75 up 1.00 as July copper rises to 64.1 cents per pound. MM June gold 141.00 up 2.30 while June silver 4.45 gains. July wheat 2.42 up 1 ac per bushel and July corn 2.31 up fats per bushel. Live cattle 39.27 and live hogs 44.40. pork bellies 53.70. Cotton 63 cents. Market not closed.
MENTIONED IN THIS ARTICLE
Nist
OMN AlisCh
Annco
Amsttk
Asad
Gare
Ganpac
Gwin
Pema
Anrich
IBV
Pepsich
Ye Miasto
Avoca
Philaki
BankAm
Hercules
Preumo
IBM
A Bauscht
Bendx
BertCp
Bengh
Bucy
BWA
Chinen
Do. GelGes
M CmoEn
Deere
QelMon
Delakir
Dennys
Dams
Disney
duPont
EastAir
London
Also Mentioned on This Page
Scottsdale (Az
Daily Progress
Mon
Don R. Gibson
Robert A. Mullen Advertising Inc
N. 49Th St. Gibson
E. Verde Lane
Gibson
Look
Family Circle
Venture
Cowell Communications Inc
Des Moines
Iowa
Saunders and Associates Inc
Karen
Cade
Yesteryear
Lone Ranger
Amos
Andy
Elvis
Scottsdale Progress
Waikiki
Honolulu
Hawaii
Islands
John Marks
Scottsdale Rd
Scotsdale
Stocks Exchange
Dow Jones
Indus
Ford
Wi Famckk
Frank
Frehl
Gannatt
WA GnCable
Getty
Biles
Ie & Ve
Nabisco
Wosipw
Northep
Wwe
TWA
Horesti
Hort
BUM
H Howdin
RasPur
Ramad
Ka Rancom
Raytin
S RedCh
ResrvOl
Revion
ReyMet
Robins
Fomr
ReyCet
Reyid
Ryders
Sloan
Kimb
Knigfrid
Kempers
Kraft
Kroger
LeaSieg
Squin
Sting
Lykes
Singer
Skyline
Smithin
SonyCo
Soreg
Solale
SouthCo
Depor T Ouve
Textron
Thiokol
Tigerim
TimeMir
Timlin
PSVEG
Transam
Untech
Uslife
Varian
Wmdom
Warn
Writ
Wrbrc
Winion
Wesign
E—Ty
Whaef
White Mt
Whitlakr
Willams
Winnigo
Associated Press
Southwest Savings
Southwest Savings and Loan Association
Central
Paradise Valley
Sun City
Tempe
Mesa
AzCol Land
GenSemi
Patagonia
Ind
Tobe
West Fin
Ariz. Bank 14
UB Fin. Corp
Valley Nat. Bank
Anheuser Busch
Bayless Mkts
Southwest Gas
Manda Trading Company Inc
Chicago Mercantile Exchange
Business College
Tri-City
E. Broadway Tempe
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