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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
May 27, 1963
Page
5
A reader asks about yield on original investment versus current yield for Kodak and how a one for five reverse split affects holdings. The columnist clarifies tax implications of selling stock and notes how mutual fund reinvestment charges vary by fund.
The United States weighs funding another Mercury mission versus shifting to Gemini. NASA's Washington office pushes for cuts to Mercury to save 10 million dollars and advance Gemini, while Houston astronauts press for one more Mercury flight to bridge to two man missions. President Kennedy has final say, but NASA in Washington currently holds the decision power.
In Lower Merion Township near Philadelphia Amish dairy suppliers must install electric lighting or risk losing access to Sealtest Dairy markets. About 200 farmers shipping 45 000 to 50 000 quarts daily face a 1.5 million dollar annual impact and an uncertain future for their traditional practices.
Thomas S Pawloski 420 E Windsor Ave named an agent for Prudential Insurance Co s Phoenix east district by manager Raymond J Coleman He is a Jersey City native Navy veteran 1943 45 with wife Theresa and three children Maureen Collette and Thomas A camp bed weighing eight pounds may be used as a spare bed in the home supporting 260 pounds plus and a raised head rest Gray s 11 Addison St Larchmont NY
Tempe project by Grant and Edmont Malouf breaks ground on Valley Fair at Southern and Mill Avenues. The $1 million center with about 80,000 sq ft will house A. J. Bayless market Ry an Evans drug store and several shops with a mid September opening planned. Grant Malouf notes prior projects in Scottsdale and Phoenix.
Four Coronado faculty members receive summer study grants in California and Wyoming. Robert Winters, department chairman, and Evelyn Caskey, government teacher, accept full GE fellowships in economics to Claremont Graduate School. Larry Welch, mathematics teacher, awarded NSF Summer Institute grant at Santa Clara University for six weeks.
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