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Scottsdale Progress in Scottsdale, Arizona

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

Scottsdale Progress

Location

Scottsdale, Arizona, United States of America

Date

May 02, 1972

Page

5

Scottsdale Western Savings unveils face lift at Scottsdale branch

The Scottsdale branch of Western Savings and Loan Association on First Avenue and Scottsdale Road underwent a face lifting. A two story tenanted wing was demolished in February and remodeling completed April 1 at a cost of 50 000 dollars. A landscaped parking lot for 26 vehicles and a drive in television teller window were added. Jon Huston, formerly assistant manager at the Financial Center, is now manager of the Scottsdale branch.

Scottsdale Western Savings and Loan Association First Avenue Scottsdale Road Western Savings Jon Huston The Financial Center

Sound investment categories and exchange listing basics

The piece outlines promising investment areas for rising profits over the next one to two years such as natural resources leisure education health and pollution control. It stresses strong management product acceptance and public awareness for stock growth and explains NYSE listing requirements and why not all firms qualify.

Hell. A Tam JL. A New York Stock Exchange

Maya Apartments names Helland manager supervisor in Scottsdale

Maya Apartments announces Mrs. Phil Helland as manager supervisor of the 332-unit complex in Scottsdale. David R. Johns Inc. cites her duties across business rentals grounds and resident service, supervising 10 employees. Helland previously buyer for a drug firm and is married to Phil Helland.

Phil Helland Maya Scottsdale David R. Johns David R. Johns, Inc Helland

Broadway-Hale proposes stock split and share increase

Directors of Broadway-Hale Stores Inc. propose increasing authorized common shares from 20 to 40 million and a 3-for-2 stock split. The plan, to be voted at the May 25 annual meeting in San Francisco, aims to broaden the market for shares amid nationwide expansion. Chairman Edward W. Carter noted a planned July dividend increase to 70 cents per share on split shares. The company operates 55 department stores including The Broadway and Bergdorf Goodman after absorption.

Broadway-Hale Stores, Inc San Francisco Edward W. Carter Broadway Hale Broadway Scottsdale Emporium Capwell’s Weinstock’s California Arizona Nevada Neiman- Marcus Texas Florida Bergdorf Goodman New York City

IEEE Phoenix Section to Host May Meeting Speaker

Keith Spencer manager of the Michigan Power Pool Control Center will speak at the Phoenix Section IEEE annual meeting on Thursday May 4 at the Executive House in Scottsdale. Refreshments at 6 30 p m dinner at 7 and the speaker at 8 p m Spencer will discuss Power Systems to Eliminate the Generation Gap. The event is open to members and guests with a 4 per person dinner charge. Reservations through Pat Sawtelle at Salt River Project main office.

Keith Spencer Michigan Power Pool Control Center Phoenix The Institute of Electrical and Electronic Engineers Executive House Scottsdale Pat Sawtelle Salt River Project

Market Hesitancy Amid Optimism In 1972 Economy

Market slow but hopeful as concerns over Vietnam inflation rates and a possible correction temper gains. Yet GNP growth shows real strength with an 11.8 percent rise in the first quarter of 1972, suggesting a favorable environment for stocks and ongoing improvement into next year.

Vietnam

APS to Expand Cholla Plant with Two New Units

Arizona Public Service plans to add 500 000 to 600 000 kilowatts at the Cholla Power Plant near Joseph City by 1976 77. Two units are likely, with the expansion costing over 200 million dollars and 40 to 50 new jobs. Environmental consultants will oversee planning and construction.

Arizona Public Service Company Cholla Joseph City Arizona Keith L. Turley APS Associated

Colwell to buy Brokers Mortgage in Phoenix deal

Colwell Company of Los Angeles plans to acquire Brokers Mortgage Company Inc of Phoenix and its subsidiaries BMC Insurance Agency and Fiduciary Trust. The deal, still subject to board approvals, would add a second major Arizona loan base and may see Brokers Mortgage rename to Colwell with offices run as branches. Richard Nowell would lead Phoenix operations.

Colwell Company of Los Angeles Brokers Mortgage Company, Inc Phoenix Colwell Arizona Morgan Savings and Loan Mess Yuma Brokers Mortgage Richard C. Nowell

Also Mentioned on This Page

Scottsdale Daily Progress Newton D. Baker Judith G. Rhoades Copley News Service Judith Rhoades Maya Apartments Donald E. Conroy Biltmore First National Bank of Arizona IBM Mills General Semiconductor Industries Franklin Carlson Herbert Jennison Ronald Stonebrook Richard D. Winters Carlson E. Lafayette Darlene Dickson Electronics Corp Jennison Dustries Dickson Electronics Stonebrook Columbus Ave Safeguard Industries Tappahannock Winters Tempe Motorola Semiconductor Products Division Bashas’ Food Stores United States Department of Labor Washington, D.C Pat Fulks Vernie G. Lindstrom Jr Kitchell Corporation Lindstrom Kitchell Contractors, Inc Michael V. Gari Gari FNBA New York Computer Facilities Corporation CNY North Central ‘Avenue Camelback’ Road Ean ‘Street DOW- Jones Industrials LAN N.Y. Stock Exchange Industrial Index IEEE Spencer General Secretarial Brown Ave Turley Robert E. Morgan Tucson Newell & Robbs Mortgage Bankers, Inc Our Man Don Stowell Dareneees Ieieluss IG
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