Dow Jones Averages and a Reader Question Clarified
A reader asks why multiplying each Dow Jones average by its divisor and averaging fails to match the 65 Composite. The answer explains divisors are not equal to the count of stocks, having been adjusted after splits and dividends. Averages are computed six times daily, with opening and hourly readings, and can rise while individual stocks fall.
MENTIONED IN THIS ARTICLE
Dow-Jones
New York Stock Exchange
New York Times
Items Made For Brass And Dog Items Made For Brass And Dog
Dorothea M Brooks reports on quirky new products for all readers. From Gaines Dog Foods a no refrigeration intermediate moisture dog patty to serve the family pooch. SCM Corp offers a portable electric typewriter with a nickel cadmium power unit. Sampsons aluminum muffin splitter suits English muffin lovers. John Oster introduces a Hydro lax foot massager with tub. Dr West's debuts a six head toothbrush line. Bar ney Gardner offers a weighted self closing mail slot suitable for mail catalogs and magazines.
MENTIONED IN THIS ARTICLE
New York
UPI
Forman
Gaines Dog Foods
White Plains
N.Y
Upton's Leases In Thomas Mall
Phoenix candy maker Upton's will open its 11th showroom in the new Thomas Mall Shopping Center on Thomas Road at Hit Sonnet Leader. Stuart Wl Martin of Wonton Moss Corporation announced tenant arrangement for Tremonosnen to occupy 600 square feet in the south side, a 140 feet long air conditioned mall space.
Sperry Plans To Double Its Plant By Fall
Sperry Phoenix Company plans a 50 percent expansion at its Deer Valley facility with about 70 000 square feet of new manufacturing and engineering space at 21111 North 19th Avenue. Investment totals around 1 million dollars with 11 000 square feet leased for administrative accounting from Del E Webb Corporation. Construction should finish early this fall.
MENTIONED IN THIS ARTICLE
Sperry Phoenix Company
Sperry Rand Corporation
Petey Halpert
Halpert
North 19Th Avenue
Deer Valley
Sperry
Sperry Phoenix
del E. Webb Corporation
Morningside Drive
25Th Avenue
Money Names Loose to Scottsdale Money Olds Manager
2407 N 66th Street Scottsdale resident Loose has been named general manager of Money Olds mobile Company's Scottsdale facilities. He joins from Forest Buick York PA where he served as vice president and general sales manager. He previously worked as a Money sales staff member at 530 East McDowell since 1961 and brings over 18 years in the automotive field.
Pritchard Named Director of Engineering at Motorola
Dr. R. L. Pritchard is appointed director of engineering for Motorola Semiconductor Products Division. He will oversee all division engineering activities including project budgeting and production placement decisions. Formerly with Texas Instruments, he holds senior roles in professional groups and has represented the US on TC-47 and JEDEC committees.
MENTIONED IN THIS ARTICLE
R. L. Pritchard
Motorola
Semiconductor Products
C. Lester Hogan
Pritchard
Semiconductor Components
Texas Instruments
Institute of Radio Engineers
Institute
United States
IEC
Stockholm
Madrid
London
Copenhagen
Interlaken
Switzerland
JEDEC
Realtors Week Set In Scottsdale Observance
Scottsdale realtors join national network to observe Realtor Week May 12 18. Mayor Bill Schrader signed a proclamation urging residents to note the week. The document credits local realtors with aiding community growth and development and notes their stake in the future.
MENTIONED IN THIS ARTICLE
Scottsdale Realtors
National Association of Real Estate Boards
Bill Schrader
Scottsdale
Also Mentioned on This Page
William A. Doyle
Doyle
Scottsdale Daily Progress
Dorothea M. Brooks
SCM Corp
A.C
Sampson
John Oster
Barney Gardner
St. Paul
Minn
Upton's
Thomas Mall
N. J. Loose
Secre
Tary
The
Acoustical Society of America, Sigma Xi, and
Tau Beta Pi
Federal Savings and Loan Association
Camelback Road
National Hotels Corporation
Arzone
Otels W. Main
Arizona
Earl's Market
Eastern Corn Fed
Mariana
Sunkist Lemons
Usda Choice
Charles Maguire
Russ Lyon Realty
Robert Crouch
Robert Laughlin
Ed Post Realty
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