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Newspaper
Tucson Daily Citizen
Location
Tucson, Arizona, United States of America
Date
Aug 23, 1946
Page
9
Private advices indicate mills will sell more goods at higher prices and enter futures more aggressively. Spot cotton demand shows slackening while textile prices adjust. Late trading closes show gains with futures up about 1.35 to 1.85 per bale and front-month prices near record highs.
USDA cattle prices show salable calves and cows at varied levels across Denver Kansas City and Los Angeles markets. Active demand for fed cattle with steady to higher bids for steers and yearlings, while light stock and few top grades traded slowly in parts of the through August reports.
The New York open market shows the Canadian dollar at 97.064 U.S. cents after a 2 15/16 cent discount. Britain’s pound is $4.034, unchanged, with France at 0.64 4, Sweden at 27.86, down 0.01, and Argentina at 24.82. Brazil remains at 5.50 and Mexico at 20.65 unchanged.
Notice invites sealed bids in Tucson Arizona up to 4 pm October 7 1946 for 18 000 feet of 44 inch standard weight galvanized steel pipe in items II III and IV with lengths not to exceed 24 feet and threads. Bids must include 5 percent bid bond and be opened October 1 1946 at City Council.
The undersigned will sell in a single transaction all interest in Old Pueblo to Eleanor Soto at 52 West Alameda. The sale date is September 1966 at the office of Grosting Geo. McNeil, Secretary, Arizona Corporation Commission. The notice declares the corporate filing and certification of Arden Investment Company.
Dr. N. K. Thomas of the Thomas-Davis clinic reports theft from his car of a small quantity of narcotics on Tuesday or Wednesday. Loss includes 5 cc of morphine and 20 codeine tablets.
The market attempted a recovery with selective gains from several blue chips like International Paper and U S Rubber, while many issues drifted lower or held thinly. Turnover reached 750,000 in full-day action after a prior high, with mixed signals as traders waited for weekend developments.
Ralph W. Bilby and Harold G Warnock file Articles of Incorporation for ARD Investment Company in Pima County Arizona. The firm plans general investment and real estate business with branches as the Board of Directors designates. Articles outline stock structure officers board size and corporate powers.
Prices rise in futures with corn up over two cents at times while cash corn holds near 1.98 per bushel. Oats ease slightly as August delivery weakens. wheat gains about a cent. February and December oats quoted around 1.31 to 1.34 while barley trades are sparse.
Mrs Naricissa B Herron of Globe marks her 99th birthday with a chicken dinner. A 25 year resident, she was born in southeastern Ohio with Maryland and Virginia planter ancestry. Attending are daughter Mrs Alfred L Wells of Brewster Minnesota and son Ralph E Herron editor of the Arizona Record at Globe.
The Federal Power Commission says Arizona cities over 2,500 population have electric power rates among the 11 highest in the nation. The average Arizona bill for 250 kilowatt hours of electricity was reported in Phoenix on August 23.
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