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Tucson Daily Citizen in Tucson, Arizona

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Newspaper

Tucson Daily Citizen

Location

Tucson, Arizona, United States of America

Date

Aug 16, 1968

Page

14

Markets Close With Substantial Gain In Quiet Trading

The New York stock market ended Friday with a substantial gain as traders saw a potential ease in money conditions following the Minneapolis Federal Reserve Bank’s rate cut approval. The Dow, S&P and many key issues held near day highs as advances slightly outweighed declines.

New York Lips Petroleum du Pont Federal Reserve Board Minneapolis American Stock Exchange Saxon Industries Teleprompter Bow Valley Industries Bruce Scurry Rainbow H & B American

Allis-Chalmers Names David C. Scott President

David C. Scott 52, executive VP of operations at slt Industries, elected president director and member of the executive committee of Allis-Chalmers Manufacturing Co. Scott will succeed Willis Scholl who retired in June. Scott, from West Hartford Conn, formed an engineering firm after Kentucky education and prior GE experience.

Milwaukee Wis David C. Scott Slt Industries Allis-Chalmers Manufacturing Co Robert Stevenson Allis ‘Chalmers Scott Willis Scholl West Hartford Conn Kentucky General Electric Cathode Colt Industries

Interdealer NASD Prices Snapshot as of 1 PM Today

Quotations from the NASD reflect indicative interdealer prices at 1 p.m. with markets shifting through the day. The data note that retail markups are excluded and list varied figures across banks, insurance firms, and financials, illustrating a snapshot of the current trading environment.

Grain futures drift after mix on Chicago Board of Trade

Wheat futures recovered slightly after an initial decline on the Chicago Board of Trade as demand and export activity supported prices near seasonal lows. Soybeans moved in a seesaw pattern, with mixed trading and near term fluctuations for August through January contracts.

Chicago Chicago Board of Trade

NYSE Stock Listings and Odd Fragments

Incomplete OCR shows scattered stock quotes and entries for numerous firms such as Abbott Lab, Acme Akt, Alpha P, Alcoa, AMBAC, AmEnka, AmStd, and Armour. The text blends prices, percentages, and ticker fragments without coherent narrative or clear context.

Abbott Lab Abex Cp S Admiral Aeroquip AirRedta AJ Industries Miberta Aranaeq Te AllesLug Eglud Erin ’ Allie Antes Mills Allied PoliedPd Pf AlliedStrer Allied “A Alice Ps Alpha P Alside Alcoa AmalSua Ambac Eroarace Merada Aai Istr Cedli Vest. al pfEda Smeipw Ind Pt Aé Amsafr Mise Ng Ugar J Jug Pt Vtek la fac_Inc Corp Ed Rmck Pfa Aro Corp Vin Ind

Prices and dividends amid stock market jargon and notations

A dense OCR strip outlines stock terms like dividends ex date ex distribution and stock in 1948 plus notes on cash value stock stock split and various code-like entries including percentages and stock identifiers. It reads as a fragmented ledger of prices yields and corporate actions with no clear narrative.

Livestock Prices Mixed Across Cattle Hogs and Sheep

AP dispatch reports cattle and calves steady to higher in midweek trade led by feeder cattle with several price ranges for steers and heifers. Hog receipts lighter with higher by the hundredweight. mixed 2-4 grades and sows priced. Sheep and lambs mostly steady as markets balance supply and demand.

Medway cGhicaco

Cotton futures drift lower on profit taking and selling

New York AP reports cotton futures closed 1.55 to 2.55 a bale lower amid aggressive commission house profit taking and scale down buying. Favorable crop news and clear weather with scattered beneficial rains supported the market as spot sales for export activity were noted.

New York Commission House

Goodbody & Co Automates Stock Order Matching

Goodbody & Co plans to automate the matchup of stock orders and executions in New York using RCA Spectra 70 computers. The switch aims to cut more than 50,000 daily manual steps and reduce clerical errors while generating information for computerized bookkeeping and billing.

New York Goodbody & Co Wall Street

Metals Prices and Futures Close Heavy Trading Summary

AP report notes copper around 42.42 cents per pound in New York with copper futures easing. Tin near 1.4134 per pound in New York with gold 39.25 per ounce and silver 19.8 per ounce. Futures show varied moves with several contract prices listed and London and Conn. market quotes included.

York Connecticut New York East St. Touts God Igner Condon London Ursday U.S Brankfum Zurich Kong

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