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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Oct 26, 1973
Page
4
The market showed gains with the Dow up 8.96 to 983.45 and the S and P index rising 0.69 to 111.19 amid strong buying. Traders noted volume of 13.19 million on the NYSE and 1,747 issues traded, while Kaufman and Broad halted trading on the big board.
Robert S. Ingram of Scottsdale head of the National Weather Service Phoenix Forecast Office received a Commerce silver medal for outstanding leadership and accurate forecasts in Arizona. The award was announced by NOAA and presented in Washington, D.C., by Commerce Secretary Frederick B. Dent.
Florida produced 28 million tons of phosphate in 1969, about 70 per cent of U S output, with a value of 157 million dollars. The average 80 thousand tons daily mined fed more than 90 per cent into high grade fertilizer, and Florida supplied 30 per cent of the world's need.
Continental Insurance Companies revise rating classifications for Arizona homeowners to reward dwellings near fire departments or hydrants with lower premiums. The Arizona Department of Insurance approval cites road improvements and upgraded firefighting methods as factors. A $100 deductible now carries a 15 percent premium credit, up from 10 percent.
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