Arizona Bank promotes two Scottsdale residents to managers
C Lanham Hurley of 6631 E Holly is named manager of the Phoenix 7th St and McDowell Rd branch. Keith G Barnhouse of 8437 E Rose Lane is promoted to manager of the North Tempe office. George L Harcum elected president of Anderson Aviation Sales Phoenix. Carl H Paul of Garrett AiResearch lectured in London on aircraft auxiliary power gas turbine engines. Dwight E Loeffler and H J Schmelzer of New York Life win Group Leader Awards. David S Mitchell attended a Cincinnati training seminar. Leonard M Breen chosen Man of the Year by Provident Mutual Life associates in Phoenix.
MENTIONED IN THIS ARTICLE
Scottsdale
Arizona Bank
C.lanham Hurley
E. Holly
7Th St
McDowell Rd
Phoenix
Hurley
Bank
Arizona
South Tempe
Keith G. Barnhouse
E. Rose Lane
Ous
George L. Harcum
Anderson Aviation Sales Company, Inc
Harcum
E. San Miguel
Virginia
Newport News
Royal Aeronautical Society
London
England
Paul
E. Cheney
Garrett
Dwight E. Loeffler
H.J. Schmelzer
New York Life Insurance Company
E. Camelback Rd
David S. Mitchell
Leonard M. Breen
Understanding stock options calls and puts explained
The article defines call options as the right to buy a set number of shares at a fixed price within six months and shows a hypothetical profit example. It then explains put options as the right to compel a sale of shares at the agreed price, with a sample scenario. It notes options can have many programs but the basic concept remains simple and invites reader questions.
MENTIONED IN THIS ARTICLE
Donald G. Gloisten
Gloisten_is
Glore_ Forgan St Staats Inc
New York Stock Exchange
Occidental Petroleum
P.O. Box
Scottsdale
Scottsdale Daily Progress Business Briefs
A concise business items column from the Scottsdale Daily Progress dated Friday March 13 1970. It highlights market chatter and local commerce notes affecting investors and merchants in the Scottsdale area.
APS Reports Revenue Rise and Rising Costs for 1969
Arizona Public Service’s 1969 annual report sent to more than 35 000 shareholders and stakeholders notes electric and natural gas revenues above 131 million dollars, up 14 percent from 1968, while operating and general expenses reached nearly 59.5 million. Earnings rose to 1.65 dollars per share, a record, and taxes jumped from 24.4 million to 27.7 million. The document also cites inflation and higher power purchases, and states APS will spend over 7 million on pollution control equipment for the Four Corners Power Plant upgrades.
MENTIONED IN THIS ARTICLE
Arizona Public Service Company
APS
APS Electric
Four Corners
New Mexico
College job recruiting down in mid- season survey
A study shows college recruiting activity in the 1969 70 season trending downward with a 16 percent drop at the bachelor level 26 percent at the master level and 14 percent at the PhD level from last year. Accounting majors rise in offers while aerospace and chemicals fall.
MENTIONED IN THIS ARTICLE
Robert F. Menke
Arizona State University
ASU
College Placement Council
Council
Bethlehem
State economy shows slower growth in February survey
The monthly business survey by the Purchasing Management Association of Arizona, led by Dr. Harold Fearon, finds a clear slowdown in activity. Respondents report little change in inventories, new orders, production, and employment, while prices paid remain inflationary and delivery times lengthen slightly.
MENTIONED IN THIS ARTICLE
Association of Arizona
Harold Fearon
Arizona State University
Arizona
APS plans $30 million first mortgage bonds sale
Arizona Public Service Company filed a registration with the SEC for a proposed public sale of $30 million first mortgage bonds due April 1 2000. The underwriting group led by The First Boston Corporation and Blyth & Company Inc will offer the bonds. Proceeds will reduce short term indebtedness for construction purposes per Robert L Forsberg APS financial vice president.
MENTIONED IN THIS ARTICLE
Arizona Public Service Company
Securities and Exchange Commission
First Boston Corporation
Blyth & Company, Inc
Robert L. Forsberg
APS Financial
Investment pitch for subdivision profits seeks investors
A dated notice invites knowledgeable clients to invest 10000 to 80000 dollars in a subdivision project. Investment is described as secured with substantial profit potential. For information and market proof contact Mr. Eisentraut or Mr. Pocock at Walt Rocock Assoc, 1137 East Gamesback Acad, phone 179-9561.
MENTIONED IN THIS ARTICLE
Eisentraut
Pocock
Walt
Rocock Assoe
ACAD
Datemaster calculator marketed by Scottsdale man
Kelso Rowan and his brother James Rowan developed the Datemaster, a calendar and time calculator. Sold by Rowan Enterprises, the device computes days between dates, hours between moments, and working days excluding weekends. A recent demo helped a firm confirm a May 1 delivery deadline.
MENTIONED IN THIS ARTICLE
Progress
Kelso Rowan
Scottsdale
Rowan
Datemaster
601
Nivy Hayden
James
Los Angeles
James Rowan
Motorola
Semiconductor
Rowan Enterprises
Arizona
West
East
Wigwam Stores declares quarterly dividend for stockholders
Wigwam Stores Inc a Seattle based retail chain with 45 stores in four West Coast states has announced a quarterly dividend of five cents per share. The dividend is payable April 6 to stockholders of record March 9. Ex-dividend date was March 3. Wigwam operates stores in Washington Arizona Hawaii and California. In its Phoenix division a Totem Store a division of Wigwam is located at Hayden Plaza.
MENTIONED IN THIS ARTICLE
Wigwam Stores, Inc
West Coast
Wigwam
Washington
Arizona
Hawaii
California
Phoenix
Totem
Hayden Plaza
Also Mentioned on This Page
Mesa Country Club
Carl H. Paul
Scottsdale Daily Progress
Stiffler Electric
E.thomas RD
New
Pueblo West
Colorado
McCulloch Properties
America
Lake Havasu City
McCulloch
Holly Development
West 3Rd Avenue
McCulloch’ Properties, Inc
London Bridge
Fountain Hills
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