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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Mar 01, 1966
Page
5
Colonia Miramonte unveils six elegantly crafted residences near Camelback Inn in Colonia, a guarded luxury enclave aimed at rivaling Riviera style markets. Prices range from 55000 to 63000 dollars with private plazas, wall enclosures, and open floor plans featuring window walls and sliding glass doors for indoor outdoor living and mountain views.
Five businessmen establish Mountain Shadows Real Estate and Development Co with offices at 79 W. First Ave in Scottsdale. Founders include Gilbert E. Olson James P. Paul Andrew Kucher Henri G. Foussard and B E Miller. Bert H. Carlson to manage real estate.
In Arizona retail sales show strength despite weather conditions that dampened activity. Data indicates the year could reach about $1.2 billion while periods of adverse weather weighed on consumer demand and overall business.
Visiting analysts touring Motorola plants in Chicago report preliminary 1965 results show sales and revenue above 515 million, up about 23 percent from 1964. Earnings exceed 31 million, per share 5.51, with 1965 fourth quarter sales rising 30 percent and quarterly earnings beating 1964 records. Final figures to be released in March. Gregg Walker named outstanding territory salesman in Arizona district.
Real estate ad promotes full acre sites on the Kona Coast priced at 995 full, 195 down and 10 monthly. Roads included and paid for, fee simple deeded land. Many homes already built. For color pictures and maps, write P Box 936 Carefree Arizona.
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