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Newspaper
Tucson Daily Citizen
Location
Tucson, Arizona, United States of America
Date
Aug 08, 1946
Page
9
Foreign exchange rates in New York list the Canadian dollar at 3 percent discount or 9682 cents, Great Britain at 4.0315 dollars, France franc 0.844, Sweden krona 27.85, Switzerland franc 23.40, Argentina 24.87, Brazil 5.40, Mexico 20.65. Most rates unchanged.
Cattle sales at Kansas City show 3000 salable head with 5500 total receipts. Slaughter steers and heifers steady, cows steady to strong, bulls and calves steady. Prices range from 12.50 for grassers to 24.75 for high grade lightweights, with medium to good yearlings and steers in the 17.00 to 20.00 band and select loads at 16.50 for heavy weights.
Cattle sales steady to higher for better grades with steers 16.00-20.00 and medium to good stock 13.00-15.50. Canners and cutters 7.50-10.00. Hogs 180-240 lb weak to 50 lower, 140-170 lb largely 19.00-21.00. Sows 19.50-20.25. Los Angeles data shows mixed movement and price ranges across classes.
The market showed early strength with extreme gains but pulled back near the close as light selling persisted. About 900000 shares traded, led by U S Steel Goodrich Woolworth Montgomery Ward and others in chemicals, distillers, and broadcasting with cautious investors cashing small profits.
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