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Scottsdale Progress in Scottsdale, Arizona

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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

Scottsdale Progress

Location

Scottsdale, Arizona, United States of America

Date

Mar 25, 1963

Page

7

Malouf plans two major projects in Scottsdale

Malouf Enterprises will break ground within six weeks on two projects costing about 1 million dollars each. Ground will start on Royal Gardens of Scottsdale, a 48 unit apartment complex on Scottsdale Road between the Safari Hotel and Executive House Arizona. The sixth Malouf shopping center, Park Scottsdale, rises at Granite Reef Road and McDonald Drive, a 100000 square foot center with space for 15 to 18 tenants including a supermarket and drug store.

Malouf Enterprises Royal Gardens Scottsdale Scottsdale Road Safari Hotel Arizonian Park Scottsdale Shopping Center Granite Reef Road McDonald Drive

Fletcher Promoted to Assistant Cashier at Valley Bank

Richard A. Fletcher of 6112 Calle del Sud Scottsdale was promoted to assistant cashier in the home office commercial loan department of Valley National Bank. A native Iowan, he studied at Arizona State University and joined Valley in 1957. The promotion was announced by President James Patrick last week.

Richard A. Fletcher Calle del Sud Scottsdale Home Office Commercial Loan The Valley National Bank Fletcher Arizona State University Valley Credit Department Commercial Loan Department James Patrick

Construction To Start On Office Building In Old Scottsdale

Ground will be broken this week for an authentic Spanish Colonial style professional office building at the southeast corner of Second Street and Marshall Road in Old Scottsdale. The 4500 square foot structure, announced by Thom Hickey, is slated for occupancy by May 1, 1963, with Ray Parrish noting Coronado era missions influenced the design. Owners include Laurence S. Onge and Pierre J. Touraine, while Thomas Clark D.O. and George Russel, along with Glen Construction, are tenants and contractors respectively.

Second Street Marshall Road Scottsdale Thom Hickey Ray Parrish Coronado Arizona Sonora Cibola Thomas Clark D.O George Russel Glen Construction Company Eli Yacina Laurence S. Onge Fifth Avenue Pierre J. Touraine Phoenix Paris France

Shopping for pay proves a skilled, exacting job

Joseph E. Bernstein of Willmark Service System explains that paid shopping requires observation, memory, and training. Willmark, nearly 50 years old, employs hundreds of professional shoppers who are bonded and rigorously screened, with high turnover in the first month often due to delayed reports or fit issues.

Joseph E. Bernstein Bernstein Willmark Service System, Inc Willmark

Bank of Scottsdale rises in 1962 list of largest banks

The Bank of Scottsdale posted deposits of 5,133,397 on December 31, 1962 and jumped 5,942 places to rank 5,566 among the 5,600 largest U S banks. In 1961 it was 11,508th with deposits of 1,234,433, according to American Banker’s 1963 annual roll call of U S banks.

Bank of Scottsdale United States Daily American Banker of New York

Wall Street Charter Shows Tired Market Tone

New York time broker Bradbury K Thurlow of Winslow Cohn Stetson warns the stock market looks toppy and tired on low volume. He says the public is bored and professionals have failed to spark speculation, predicting an early Dow test near 660 with a possible rally or a drop toward 640 depending on the outcome.

New York UPI Bradbury K. Thurlow Winslow, Cohn & Stetson Thurlow

Chemical industry outlook from Bache and S P

Bache and Co note solid business news but warn investors may wait for first quarter earnings and expect near term drift. S P forecasts 1963 as a banner year for chemicals with sales and profits at new peaks. Prospects point to about four percent higher 1963 sales than last year’s 33 billion and similar gains in earnings.

Standard & Poor’s S&p

West Businessmen Forecast Bright Q2 1963 Pulse

Prudential Insurance Co reports a hopeful outlook for the western business community with expectations of a stronger second quarter in 1963. The forecast highlights improved demand, investment activity, and overall economic momentum.

Prudential Insurance Co

Sutton Named Vice President of Murdock Co

William R. Sutton of Scottsdale is promoted to vice president of the David H. Murdock Development Co. He joined the firm in 1962 as controller after prior posts in General Analine Film Corp. and Owens Corning Fiberglas. Sutton holds a Swarthmore AB and an HBS MBA. he and his wife live at 6707 E Coronado. Meanwhile a business outlook survey shows two thirds expect activity to rise this quarter, with 82 percent predicting equal or better performance than 1962’s same period.

William R. Sutton Scottsdale David H. Murdock Development Co David H. Murdock Sutton Murdock Company Ozalid General Analine Film Corp Binghamton N. Y Owens Corning Fiberglas Corp Toledo Washington D. C Swarthmore College Harvard Graduate School of Business Administration E. Coronado

Tanner Brothers promotes two officers to VP and treasurer

John O. White and Robert F. Flowers have been promoted to vice president and treasurer of Tanner Brothers Contracting Co. White, 41, of 5009 E Calle Ventura, has been with the firm since 1952. Flowers, 30, of 3602 N 52nd St, attended Wayne State and Arizona State University. The firm sits at 2606 S 40th Street.

Tanner John O. White Robert F. Flowers Tanner Brothers Contracting Co., Inc White E. Calle Ventura Flowers N. 52Nd St Wayne State University Arizona State University S. 40Th Treet

Also Mentioned on This Page

Malouf Third Street Orange Avenue Malouf Enterprises Inc Valley Bank A. H Gus) Johannes N. 49Th Pl Johannes Valley Bank System Jewelry Grocery Department Children's Department Sattedale bin E. McDowell Scottsdale Big Town Camera and Film Dept Beauty Shop TOY Department BIG Dairy Dept Delicatessen Fresh Fish Department By Jesse Bogue Armed Services Wall Street Charter Murdock Co California - Arizona-Nevada John D. White Robert F. Flowers JR
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