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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Mar 09, 1971
Page
4
The article, by James McCarthy, outlines updated rules from the Tax Reform Act. It highlights charitable contributions up to 50 percent of adjusted gross income under certain conditions and a mileage deduction increase to six cents per mile. It also notes limits on deducting donated merchandise held under six months and advises keeping appraisal statements and receipts.
Donald G. Gloisten, president of the Financial Institute of the West, cautions that Rolls-Royce's crisis will rebound through many small contractors and warns readers against buying Rolls-Royce stock at about 30 cents. He notes possible government bailouts but calls the stock speculative and advises investing in sound companies for dividends and appreciation instead. He will answer reader questions on stocks and the market.
Inter-Mountain Scientific Company of Scottsdale led by Howard Golden and Louis A Wilson Jr is named exclusive sales rep for Julie Research Laboratories full product line in Arizona Colorado New Mexico Utah and El Paso County Texas The firm will, in a dual role, support calibration and repair from its headquarters at 8650 E Montebella.
Western Helium increases its board from three to four members at the annual meeting held at the Safari Hotel in Scottsdale. New director Henrykullup of Carmi Illinois joins alongside re elected O R Thoureen John F Staver and Lew A Halter. The firm may buy its refining plant in northeastern Arizona or build a larger one in the same area and holds over 14000 acres in the Black Mesa Basin east of Holbrook.
H D Wassom and Robert Dyess of the Fashion Square branch are named among the top trust producers for 1970 at a dinner to be held Thursday evening at Phoenix Country Club. The bank notes 1 500 employees statewide and 96 offices generated 22 percent of new trust business in 1970 by the top 15.
The Arizona Chapter of the International Society for Hybrid Microelectronics will convene Wednesday at 8 p.m. at the Ramanda Inn in Scottsdale. Dwight Callaway of Delco Electronics in Kokomo Indiana will discuss hybrid uses and ISHM policies. Callaway serves as ISHM President Jess.
Sperry names Robert A. Kuntz to lead western sales and marketing for its new Sperry Information Displays Division in Scottsdale. W. Charles Young becomes Continental Bank Commercial Leak Department VP. Roberta McAfee advances at First National Bank Papago Plaza. Vince Moxley named Occidental Life general agent in Scottsdale. Lutherans Leaders Club recognitions awarded to Jack and Carrington. Richards earns President's Club Award for top agency ranking.
The Economic Development Administration releases a 416 page handbook titled Federal and State Indian Reservations An EDA Handbook. It serves government agencies schools universities and private groups involved in reservation economic and social development and sells for 3.75 dollars per copy from the Superintendent of Documents U S Government Printing Office Washington D C 20402.
Charlie Fox, manager of the San Francisco Giants, will serve as master of ceremonies for the Arizona Products Dinner kicking off Arizona Products Month at Camelback Inn. Deputy Assistant Secretary William Lee will deliver the keynote as director of the Bureau of Domestic Commerce. The event is sponsored by the Arizona Super Corporation.
Crehan's Red Wing Shoes at 3017 N Scottsdale Rd tops national sales among franchised and company owned stores. Owned by Frank Crehan the Phoenix firm has ranked in the top 20 for years and moved from fifth to first in January. Established 1963 the retailer reports annual sales increases up to 36 percent.
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