Peso acceptance stumbles amid prejudice in Phoenix trade push
Governor Raul Castro urges Phoenix to shed provincialism to boost Latin American trade. Merchants struggle with peso acceptance as rumors of devaluation persist, with banks slow to exchange peso funds and merchants unsure how to handle Mexican currency. Local officials push education campaigns and intergovernmental discussions with Sonora to expand peso usage.
MENTIONED IN THIS ARTICLE
Mike McCloy
Associated Press
Phoenix
Raul Castro
Bill Tunnell
Mexican Chamber of Commerce of Arizona
Castro
Mexican Chamber of Commerce of Phoenix
Tunnell
Mexico
Phoenix Chamber, of Commerce
U.S
Arizona
First National Bank
Union Bank
Banco Internacional
Tucson
Valley National Bank
The
Arizona Bank
First National
Valley
United
Chamber of Commerce
U. S
Tony Certosimo
Arizona-Mexico Commission
Arizona Commission
Certosimo
Arizona Hotel and Motel Association
Paul McGinn
Arizona- Mexico
Russ Simpson
Yellow Front Stores
Douglas
Sierra Vista
New York Stocks End Mixed As Dow Dips In Late Trade
Wall Street saw a late downturn with the Dow Jones Industrial Average slipping about 5 points while the broader market fluctuated. Trading featured wide swings in many industrial and technology issues as investors weighed mixed earnings and economic signals.
Best Western to Build HQ and Inn Near Biltmore
Best Western Inc will construct an 810 million international headquarters and 200 room motor inn near the Biltmore Estates in northeast Phoenix. The complex will house the reservations center, which will expand when moved from south Phoenix. Over 600 employees expected next spring. construction to start by mid September with a 1977 deadline to vacate leased Sky Harbor space for airport expansion.
MENTIONED IN THIS ARTICLE
Phoenix
Best Western Inc
Biltmore Estates
South
Robert C. Hazard Jr
Best Western
Phoenix Sky Harbor International Airport
Stock quotes from American Exchange New York market report
AP stock listing shows prices highs lows and changes for multiple listed securities. Companies such as Banstreit Ltd Brascan BrewerC Dynicin Frontier Air and others display varying last prices and percentage changes in a consolidated market-update format.
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Banstreit
EarthRes
Wat Va Essex Ch
Falcons
Dia Oil
Frontier Air
Gearhart
TFT
Goldfield Cp
Hovolim
Impoll A
Instrum Sys
Del Webb reports strongest quarter earnings rise
Del E Webb Corp reports 16 cents per share for Q1 1976 on $75.576 million revenue, a strong first quarter led by hotels Sun City contracting and commercial units. Massanutten and Val Moritz slow for development, Rancho San Diego lot sales rise. Greyhound posts 32 cents per share and Q1 revenue nears $873 million, up 10 percent from last year.
MENTIONED IN THIS ARTICLE
del E. Webb Corp
R.H. Johnson
Sun City
Webb
Val Moritz
Massanutten
Rancho San Diego
Calif
Greyhound Corporation
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