Peso devaluation creates bargain boom for tourists and retirees
The peso's two devaluations in two months boost buying power for U S visitors and about 55 000 American retirees in Mexico. A top hotel room drops from about 28.80 to 21.69 dollars, leather jackets sell for 40, and other prices fall while some wages and fixed incomes face pressure.
MENTIONED IN THIS ARTICLE
Mexico
Thomas G. Wells
Associated Press
Guadalajara
United States
Ed Schopp
Salix
Towa
Peso plunge hurts Arizona border towns and Nogales stores
The peso's collapse to about 3 cents amid a second devaluation in two months hits Nogales and other border markets. Merchants report 70 to 90 percent sales declines as Mexican shoppers struggle, with expected layoffs and shifted consumer patterns across Tucson Douglas San Luis and Yuma area towns.
MENTIONED IN THIS ARTICLE
Phoenix
Mexico
Arizona
Nogales
Ariz
Charles Fowler
Fowler
Tucson
Douglas
Henry Jacome
Jacome’s
Pat Shannon
Douglas Chamber of Commerce
San Luis
Yuma County
Obituary Clarence A. Ulrich 54 Scottsdale mail carrier
Clarence A. Ulrich Jr., 54, a Mc Dowell station mail carrier in Scottsdale, died Wednesday at Veterans Hospital. Born in Cleveland, he moved to Arizona in 1968 from Akron after 21 years in the Air Force, serving in World War II, Korea and Vietnam. Survived by wife Gretchen, step-sons Lou Helser and Linda Helser. mother Connie Ulrich. sister Mary Jane Barker. three grandchildren. Graveside services at Paradise Memorial Gardens and Memorial arrangements by Messinger. Contributions suggested to Arizona Blood Bank.
MENTIONED IN THIS ARTICLE
Clarence A. Ulrich Jr
McDowell
Scottsdale
Veterans Hospital
Cleveland
Ohio
Mr. Ulrich
E. Thomas Rd
Arizona
Akron
Air Force
Gretchen
Lou Helser
Scotts
Dale
Linda Helser
Phoenix
Connie Ulrich
Mary Jane Barker
Paradise Memorial Gardens
E. Shea Boulevard
Messinger Mortuary
Arizona Blood Bank
Bertha Sherman 64 Dies in Good Samaritan Hospital
Bertha E Sherman 64 a Doctors Hospital switchboard receptionist until 1972 died Thursday at Good Samaritan Hospital She born in Detroit came to the Valley in 1952 resided 4918 E Coronado Rd She belonged to Monte Vista Baptist Church China Painters Guild Survivors include daughter Joanne Selhey of Phoenix a brother Edward Gill of Phoenix and a grandchild Services 1 p.m. Saturday Green Acres Chapel interment Green Acres Memorial Gardens Visitation 2-4 p.m. and 7-9 p.m. today at the mortuary
MENTIONED IN THIS ARTICLE
Bertha E. Sherman
Doctors Hospital
Good Samaritan Hospital
Green Acres Chapel
N. Hayden Rd
Green Acres Memorial Gardens
Freight train derails near Wellton. 24 cars derailed
About 24 cars of an eastbound Southern Pacific freight train derailed three miles west of Wellton tearing up the track but causing no injuries officials said. The incident prompted track repairs and cleanup with no injuries reported.
MENTIONED IN THIS ARTICLE
Wellton
Southern Pacific
Here
Man Aims Gun at Woman in Hotel Doorway
A 60-year-old Scottsdale woman opened her hotel room door at the Valley Ho Hotel and faced a short barreled gun. Police describe the suspect as a clean cut Caucasian man about 25 to 28, 5 feet 10, 145 pounds, wearing dark clothes. the incident occurred at 5:57 p.m. and the woman fled to her husband’s adjoining room.
MENTIONED IN THIS ARTICLE
Scottsdale
Valley Ho Hotel
E. Main St
Katherine H. Gibson
Index of leading indicators drops for second straight month
The Commerce Department report shows the leading economic indicators index fell seven tenths of a percent in September, continuing a slowdown pattern that raises questions about the pace of recovery. The August figure was revised to a seven tenths drop, the first decline in 18 months since the post-recession rebound began. Major drag comes from weaker new orders for consumer goods and materials.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Ford
Paradise Valley Seeks Federal Flood Aid Dilemma
Town officials told the council the town may not qualify for $100,000 in federal flood disaster funds to repair Invergordon and Berneil Ditches. The Army Corps of Engineers will decide next week, while a $133,200 governor’s emergency fund request awaits action.
MENTIONED IN THIS ARTICLE
Paradise Valley
Oscar Butt
Los Angeles
Office
The
Army Corps of Engineers
Invergordon
Berneil
Butt
Raul Castro
Invergordon Ditch
Indicted Scottsdale man linked to cocaine smuggling case
Albertico Pietrocarlo, 23, of Scottsdale, already sentenced to five years for smuggling 12 pounds of cocaine, faces two new federal charges for aiding two international traffickers to flee. The men Casciano, 31, and Pietrocarlo, 48, were accused of fleeing after cocaine was found in luggage at Phoenix Sky Harbor in 1975. Casciano is believed to be in Rome after skipping a $40,000 bond.
MENTIONED IN THIS ARTICLE
Phoenix
Scottsdale
United States
Alberico Pietrocarlo
E. Thomas
Pietrocarlo
At Casciano
Pietro Ticasso
Columbia
Casciano
Phoenix Sky Harbor International
Rome
Also Mentioned on This Page
Linda Binkele
Santa Barbara
Calif
Clarence A. Ulrich
Ela On
Joanne Selvey
Edward Gill
Phyllis Spencer
MR. Music
N. Scottsdale Rd
Life OF America Insurance Corp. OF
Boston
Broad Stf
Mass
Dept
AJO
Phelps-Dodge Corp
Tempe
Palo Verde West
Arizona State University
Alison Swan
Rick Clark
Scottsdale School Board
District
Dick Shefrin
Audrey Bergner
Cave Creek Road
Carefree Highways
JIM Daniels & Associates
Vets Realtor
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