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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

Dec 07, 1965

Page

12

Big Jump In Negro Income Predicted

John H. Johnson publisher of Ebony forecasts African American income rising from 27 billion dollars to 75 billion dollars in twenty years. He predicts rapid growth driven by increased employment, education, and purchasing power across the community. The claim reflects optimistic economic projections for the era.

New York John H. Johnson Ebony

Market Rebounds On Broad Front

New York stocks recovered yesterday's losses as a broad rally lifted many issues in active trading. Du Pont Xerox and Boeing led gains while Commercial Solvents climbed on news of an exclusive license to test a new chemical class.

New York du Pont Xerox Boeing IBM U.S Polaroid Sperry Fairchild Camera American Broadcasting Motorola Northwest Airlines Storer Broadcasting Chrysler Douglas Aircraft Zenith United Air Lines American Air Lines Schering Combustion Engineering Chicago & North Western National Air Lines Radio Corp Raytheon Kennecott American Smelting Union Carbide Westinghouse Electric Santa Fe New York Central Pennsylvania Railroad Liggett & Myers Merck Ampex Continental Air Lines Commonwealth Oil Western Air Lines

Business to Step Up Spending for Plants and Equipment

Washington reports businessmen plan a big rise in capital outlays for plants and equipment next year. Second quarter 1966 outlays expected 14 percent above 1965, while 1965 totals projected at 61.8 billion dollars, up from 44.9 billion.

Washington UPI Commerce Department Securities and Exchange Commission Commerce John T. Connor Connor Commerce- Sec Department

Freight car orders and costs hit record highs in 1963

New freight car spending reached 1.1 billion dollars in 1963 with expectations to exceed by about 50 million in 1966. The American Railway Car Institute reports a year end backlog near 750 million dollars, up 40 percent from 1962. Cars will be larger with an average capacity of 80 tons versus 56 tons in older cars.

New York American Railway Car Institute Frederic J. Schroeder Schroeder

Over the Counter Quotations From NASD Briefing

NASD released inter-dealer quotations at about 8 am with bids and ask prices. The document notes that asked prices shown include approximate retail markup and exclude retail margins or commissions.

Livestock Markets Mixed Trade On Slow Pacific Corridor

Livestock prices show fair activity with demand strongest for food grade cattle. Slaughter steers and heifers fetch gains at several markets, with feeders steady to higher and calves selling varied seem to reflect regional shifts in supply and buyer interest across Los Angeles Artesia and Kansas City exchanges.

Phoenix Slauhter Hye-mile Hawl Los Angeles Artesia Aood Kansas City Algher

Cotton futures rise as dis tant months bid in thin market

Cotton futures moved higher late today as buying from distant months appeared scarce and sale cotton markets held steady. Government weekly weather report notes progress in Texas and Oklahoma with harvests around 57 percent in Texas and 60 percent in Oklahoma. Arizona picking at 68 percent. Prices closed unchanged to 2.25 dollars per bale higher than the previous close with December at 28.25, March 27.40, May 38.25.

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Treasury Position Report Dec 2 1965 and 1944 Comparison

The cash position of the treasury is shown alongside the corresponding date year figures. It lists totals such as $32,945,007,230.43 and $319,054,900,097.23 for assets and notes the inclusion of $281,108,967.66 of debt not subject to statutory limit.

Washington Treasury

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American Stock Exchange Syntex Teleprompter Flying Tiger Solitron Alloys Unlimited Dennison Katz Drug Giannini Controls Aerojet-General Anelex Brazil Ian Traction Dynalectron GTT Chromally Texas Power & Light Preferred Arizona Bancorp i Arizona Bank Bank of America aBi's Chemical Bank N.Y N.Y Irving Tr Hanover Morgan Guar N.Y. Bk. Phy Valley Nat Hartford Fire Ins Jefferson Ltd Serene OZ Lincoln Life Phila. Life Travelers Ins Wala United Service Lite Uti B. Beachr Ual Pac. Pwr. & Lite Eneyeees Tucson Albertson Hiveees Anheuser-Busch i Arden Farms Ariz. Ago Cham. Corp Aztec Oil & Gas i Bayless Markets Bronswig Drug Reererres Ae Delhi-Austr Den Chsra Trks Denver Futterman Greater Horizon Land Lily Lone Star Steel Treerser R ‘Lusk McLean Ind Memorex BSS Morrison Knudsen Saete Realy Pabst Brew Kedere Peter Paul Um Pubeo Petrol Ramada Ta Scientific Data Ry Wraceas Bal der First Land STE Tucson Arizona Land Corp Central Hornblower & Weeks Hemphill Noyes New York Stock Exchange Broadway Tugson Coldwell Banker & Company Realtors East Broadway North Central Avenue California Nevada Tanque Verde Road Eves Dean Marrs
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