Senator Proxmire slams corporate executive pay as outrageous
Senator William Proxmire cites proxy statements showing big U.S. firms boosting chief pay 20 to 50 percent last year while workers gained about 5.5 percent. He notes examples at General Electric and Monsanto with large cash salaries and bonuses, accusing the system of violating Cost of Living Council rules.
MENTIONED IN THIS ARTICLE
Washington
UPI
William Proxmire
Dwis
U.S
Cost of Living Council
Proxmire
America
John Dunlap
CLC
Commodity closings show mixed gains and declines
May silver at 5.20 down 1 cent, platinum 223.00 up, copper 1.22 and a half per pound, corn 2.83 down 6 cents, wheat 4.7125 down 11, soybeans 6.05 down 1 cent per bushel. Cattle 41.52 down 38, hogs 33.25 up 10 cents, eggs 44.15 down 0.65 per dozen, Maine potatoes 15.23 up 13 cents per cwt, cocoa 84.65 up 2 cents, coffee 73.40 up 1.4 cents, plywood 135.50 down 80 cents per thousand sq ft.
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UPI
New York Stock Exchange
AlliedSt
Am Airlines
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Bendix
Ava
Benguet
Cai —R
Black&d
Brunswk
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Bulova W
Burroughs
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CanPac
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Cessna
Chris Craft
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Colgate
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DanRivr
Delta Air
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jOresser
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Royal Cc
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Ve Teledyne
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Xerox Cp Wat
Viste
Rae Zale Corp
Zayre Corp
Zurn Ind
Burns blamed for inflation by Scottsdale adviser
Scottsdale investment adviser David L. Markstein faults Federal Reserve head Arthur Burns as the driver of current and future price inflation. He cites two charts from Fed data showing money stock growth and the General Price Index rising in tandem and notes Markstein’s SEC registration and his authorship of money books.
MENTIONED IN THIS ARTICLE
Arthur Burns
David L. Markstein
Scottsdale
Burns
Federal Reserve
America
Markstein
U.S
Fed
Securities and Exchange Commission
Card shop to open at Fashion Square Scottsdale
Phil W. Morris Co has won a contract to complete work on a fourth Hallmark store. The shop, owned by Mr and Mrs Morton Lippman of 4119 N 87th Ave, will occupy leased space at Fashion Square shopping center, Scottsdale. It will offer over 1,800 card designs along with party goods stationery books candles and gift wrap.
MENTIONED IN THIS ARTICLE
Phil W. Morris Co
Hallmark
Scottia
Morton Lippman
Ace
Fashion Square
Scottsdale
Elback Roads
Dow Jones Averages Fall At 3 P.M. Trading
At 3 p.m. Dow Jones Averages receded with the industrials down to 874.37, down 9.31 points, the rail and transportation section dropping 190.96 to 20, utilities slipping to 91.71, and the overall index down 2.75 to 275.99. Volume reached 9,880,000 shares.
MENTIONED IN THIS ARTICLE
Dow Jones
Indus
Career lectures at SCC highlight local opportunities
Scottsdale Community College hosts seven speakers in April in the library starting at 9 a.m. The series, designed by Pat Brock and Dolores Varela, covers careers in accounting, telecommunications, IBM, travel, education, police work, and insurance. Admission is free.
MENTIONED IN THIS ARTICLE
Scottsdale Community College
Pat Brock
Dolores Varela
Valley Business and Industry
Marcie Rupcich
Peat, Marick and Mitchell Company
Mountain Bell
Judy Fraser
IBM
Lois Payne
Interna
Tional Business Machines
Hal Gamble
Halabill: ‘Travel
William Baxter
Arizona State University Career Service
Phoenix Police
Eligio Lopez
Harvey Cook
Metropolitan Life Insurance
Welty to Speak at Harvard Club Luncheon
John Welty vice president and assistant general manager of Motorola's Semiconductor Products Division in Phoenix will discuss The Ubiquitous Semiconductor at the Arizona Harvard Business School Club luncheon on Wednesday April 3 at the Bull Pen restaurant. Welty named to his current post in December 1969 and shares general manager responsibilities with Thomas Connors. Guests welcomed at the luncheon.
MENTIONED IN THIS ARTICLE
John Welty
Motorola
Semiconductor Products
Phoenix
Arizona
Harvard Business School Club
Fountain of the Sun to Host Five Day Grand Opening
Plans announce a five day grand opening for the 13,000 square foot Fountain of the Sun recreation center in Mesa an adult community. The schedule includes a Wednesday ribbon cutting led by Mayor Eldon Cooley a champagne party golf exhibit and a public Saturday Sunday event. A new section of lots to develop will also open with residents receiving first choice on home sites.
MENTIONED IN THIS ARTICLE
Fountain of the Sun
Mesa
Eldon Cooley
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