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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Oct 11, 1965
Page
2
William A. Doyle explains that fund performance matters, not broker commissions. No load funds avoid sales fees by selling directly to investors, while load funds pay brokers. both can perform well. The broker’s push for load funds is seen as commission-driven and not essential.
Kenneth B. Keating former New York senator will address the United Nations 20th anniversary event in the Thunderbird Room Westward Ho Phoenix Oct 23 at 8 p.m. His talk titled The United Nations in Today's World will be introduced by Gov. Goddard. Tickets cost 1 and available by box 3122 Scottsdale or downtown churches.
In Phoenix the Legislature ended a four week special session with bitter stalemate over reapportionment. Gary Klahr said he will proceed to court to challenge both Senate and congressional district plans. The Senate approved a 31 member body and rejected a proposal to add 200000 residents to the Third District in Maricopa County.
The stock market at 2 p.m. EDT shows Dow Jones industrial average and related indices fluctuating with notable moves among major industrials and tech names as trading continues. Investors monitor gains for concerns about macro data and earnings signals.
Indonesian army enforces an eight hour curfew from 9 p m in northern Sumatra to prevent anti Sukarno unrest as Jakarta dispatches report mobs sacked two Communist headquarters and over 1000 leftists arrested amid PKI crackdown.
Major New York dailies resume publication after the American Newspaper Guild vote approving a deal reached with Times negotiators. Mayor Wagner mediated the agreement, issued on a take it or leave it basis, prompting relief across the city papers.
The Dons excelled as one of 11 high school bands from across the state in the halftime ceremonies, delivering a notable performance during the event.
A 30 foot cabin cruiser carrying 17 refugees plus three Miami exiles docked in Key West escorted by a Coast Guard boat. FBI and U S Customs agents warned of possible charges for the crew amid U S disapproval of the premature open door policy. Negotiations with Cuba via the Swiss Embassy in Havana were urged to secure an orderly flow of refugees.
The Supreme Court upheld a lower court order for a New York state special legislative election on November 2. The ruling clears the path for reapportionment and partisan efforts, with Democrats opposing and Republicans supporting the move. The election would fill a one year term under Plan A.
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