Buying power of 65 plus market grows to $40 billion
Meinhard Commercial Corp research shows about 19 million Americans aged 65 and over form a large, overlooked consumer base with growing income from private pensions and Social Security. The note highlights Medicare savings, tax exemptions, and different spending patterns as keys for marketers to reach this group.
MENTIONED IN THIS ARTICLE
New York
Meinhard Commercial Corp
United States
Arthur L. Karmiehl
Karmiohl
Karmiohn
U.S
Arizona Bank Reports Record Year In 1968
Arizona Bank stockholders heard that 1968 yielded a record year with per share earnings of 2.76 dollars and a 26.9 percent rise in net operating earnings. Total deposits grew 15.6 percent while cash dividends totaled 847,497 on 777,520 shares. A new computerized cost accounting program and expanded marketing aided growth. For 1969 plans include expanding the data processing center and moving it to a new building at Air Haven Industrial Plant by June.
MENTIONED IN THIS ARTICLE
Phoenix
Arizona Bank
G. Clarke Bean
Bean
W. P. Montgomery
Air Haven
27Th Ave
Scattered Executives Honored In Arizona Business Briefs
Three Scottsdale residents won a weekend trip to New Orleans for a regional Hamilton Fund sales meeting. Dana Hanson Edward Mahurin and Charles Onion recognized among Hamilton’s 4,000 top salesmen. Soule named director of property management for First Federal Savings in Casa Grande Coolidge area. George C. West is promoted to staff officer at First National Bank of Arizona. Michael W. Pounds earns Philadelphia Life Insurance Regional Director Award for Arizona.
MENTIONED IN THIS ARTICLE
Scottsdale
New Orleans
Hamilton Fund
Hamilton
Dana C. Hanson
Chaparral Rd
Edward F. Mahurin
E. Lincoln Dr
Charles R. Onion
E. Shea Bird
Richard’. Soule
85Th St
Pinal County
First Federal ‘Savings
Soule
First Federal
Casa Grande and
Coolidge
First National Bank of Arizona
George C. West
West
E. Meadowbrook “Ave
First National
Michael W. Pounds
E. Ranch Ln
Philadelphia Life Instance Company
Arizona
Motorola profit sharing fund reaches new peak in 1968
Motorola reports a 1968 contribution to its profit sharing fund, now valued at 128.6 million dollars, with about 500 employees participating since 1948. Participants who have contributed 200 dollars yearly could see around 50 thousand dollars after 25 years, and vesting applies after more than one year of service.
MENTIONED IN THIS ARTICLE
Phoenix
Motorola
Stocksession planned for public offering workshop
A workshop on going public will be held April 19 from 9 am to 5 pm at the Executive House. Sponsored by the University of Arizona and the Small Business Administration, the session aids small and medium firms planning to offer stock to the public. A panel of accountants tax experts and lawyers will discuss methods benefits pitfalls and attendance details via the SBA Phoenix office. A $45 registration fee per person.
MENTIONED IN THIS ARTICLE
Executive House
University of Arizona and
The
Small Business Administration
Phoenix
Two Factors Set Interest Rates in Economy
Donald G. Gloisten explains two main forces shaping interest: federal policy and bank actions. If the government aims to spur growth, rates fall. to cool activity, rates rise. The Fed has raised the discount rate four times in as many months.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
Totem to Open Woolworths Stores in Hayden Plazas
Totem Department Stores signed leases for two stores now occupied by Woolworth. The Hayden East and Hayden West locations in Phoenix will be occupied in July with manager names pending. Totem operates eight Phoenix stores and is part of the Wigwam chain with 28 stores across Hawaii Seattle Yakima and Arizona.
MENTIONED IN THIS ARTICLE
Totem Department Stores
Woolworth’s
Hayden East
Hayden West
Hayden—East
Scottsdale and Curry Rds
Elda Vandermate
Totem Merchandising
Arizona
Totem
E. McDowell
59Th Ave
Phoenix
New Westown
Douglas
Ariz
Wigwams Department Store
Hawaii
Seattle
Yakima
Understanding the Stock Market II class at Scottsdale
A special interest course begins next Monday at the Scottsdale Extension of Maricopa County Junior College District. Jerry Geiger, local stock broker, will teach Monday evenings 7:10 to 9:10 p.m. through May 26 in Room 108 at Scottsdale High School. Enrollment is $16.
MENTIONED IN THIS ARTICLE
Scottsdale-Extension-of-the- Maricopa County
Jerry Geiger
Scottsdale High School
Also Mentioned on This Page
Arizona Bank Reports
Fund
Sign and Control Department
George West
Richard
Pima Plaza
First Ave
Scottsdale Daily Progress
Donald G. Gloisten
Gloisten
Glore Forgan
Wm. R. Staats Inc
New York Stock Exchange
N.Y. Stock-Exchange TE Ece LI
Dougreeve
Anderson, Reeve & Young, Inc
3Rd Avenue
Scottsdale-Paradise Valley Area
Scottsdale-Paradise Valley
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