Byron Nelson backs retail birth of Parkway Jewelers
For 30 years Byron Nelson sold stones to jewelers and tested his retailing ideas by buying Parkway Jewelers in Papago Plaza in 1963. He kept prices low, offered free minor repairs, built a skilled staff, and saw steady sales gains 41 percent in 1964, 54.8 percent in 1965, and 35.5 percent in 1966, while noting radio and language quirks in modern broadcasting.
MENTIONED IN THIS ARTICLE
Byron Nelson
United States
Byron
Parkway Jewelers
Papago Plaza
Crehan
Bryan
Naomi Nelson
Scottsdale
Illinois
California
Johnnie O'Neal
el Paso
Loyd Henry
Salt Lake City
West
Wilbur Rogers
Valley National Bank proposes 10 percent stock dividend
The Valley National Bank of Arizona board proposed a 10 percent stock dividend and approved a regular 6.25 dollar cash dividend per share for the fourth quarter, payable Dec. 16 to holders of record Dec. 1. The plan would raise outstanding shares to 8,036,527 and capital stock to 20 million dollars, subject to shareholder and Comptroller approval.
MENTIONED IN THIS ARTICLE
The
Valley National Bank of Arizona
Phoenix
Bimson
Group Approved Purchase Plan for Shirts
Only Shirts Inc of Scottsdale offers a Group Approved Purchase Plan to provide white collar workers with wholesale shirt prices. The program targets affiliated companies with 60 or more employees and features bread and butter styles in cotton blends. The operation at 8770 E McDowell Rd began just over a year ago.
MENTIONED IN THIS ARTICLE
Only Shirts, Inc
Scottsdale
McDowell Rd
Copper firm seeks to test atomic blasts for mining near Safford
Kennecott Copper Corp with the AEC asks to set off a 20 kiloton nuclear device 1200 feet underground in the Gila Mountains near Safford Arizona. The goal is to assess underground nuclear explosions to mine low grade copper ore using leaching to extract 1.3 million tons of rock and 8 million tons of copper from the rubble while public health and safety standards would be met.
MENTIONED IN THIS ARTICLE
Berkeley
Calif
UPI
Kennecott Copper Corp
Atomic Energy Commission
AEC
Safford
Ariz
Rod Southwick
Nevada
Kennecott
U.S. Bureau of Mines
Commission
Gila Mountains
Arizona
Motorola Reports 1967 Third Quarter Profits
Motorola, Inc. reports third quarter 1967 sales and other revenue of 151,030,833, down from 157,970,447 a year earlier. Earnings were 3,733,582 or 61 cents per share versus 6,782,014 or 1.11. Consumers division faced price weakness and inventory adjustments, but transistorized receivers showed strong demand while other divisions like semiconductor and communications posted gains and new plants near Toulouse and Seoul come online.
MENTIONED IN THIS ARTICLE
Motorola, Inc
Robert W. Galvin
Elmer H. Wavering
Consumer Products Division
Galvin
Wavering
Gavin and Waverny
Semiconductor
Semiconductor Products
Banker Mortlock to Move to Scottsdale From New York
Eugene M. Mortlock chairman of First Federal Savings and Loan Assn of New York will relocate to Scottsdale with his wife Dorothy after Thanksgiving. He remains board chair and a director at Fidelity Bank Beverly Hills and has a long record in mortgage finance and savings associations.
MENTIONED IN THIS ARTICLE
Eugene M. Mortlock
First Federal Savings and Loan Association of New York
Scottsdale
Hummingbird Lane
Mortlock
Dorothy
Bergenfield
N.J
First Federal
Fidelity Bank
Beverly Hills
California
Pakistan
U.S. Agency For International Development
U.S. Savings and Loan League
Federal Home Loan Bank of New York
Savings Association League of
New York State
First Federal Savings of
New York
Association
Arizona
First Federal Savings
Also Mentioned on This Page
By Frank Crehan
Asia
Ilberry
Colorado
Derango
VNB
Walter R. Bimson
Morton, Bennett and Luke Advertising, Inc
Kenneth Morton
Rhea W. Bennett
Presi
Motorola
Toulouse
France
Seoul
Korea
Mr. Advertiser
Dud Young
Doug Reeve
Anderson, Reeve & Young, Inc
3Rd Avenue
Progres
Paradise Valley
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