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Newspaper
Tucson Daily Citizen
Location
Tucson, Arizona, United States of America
Date
Dec 18, 1946
Page
12
Grain trading closed with wheat prices up briefly before giving back gains. No. 2 red wheat traded at 2.33 a bushel in the cash market, a 26 year high. January wheat near 2.125, corn around 1.33, oats steady to up slightly amid fluctuating session. Grain table noted.
New York stock market wandered through a slow session with near ends showing gains. Transfers reached about 1.1 million shares as Amerada Petroleum traded up over eight points then declined after Gulf Oil denial of a purchase rumor. Gulf Oil fell after termination of underwriting. 8B Smelting resumed common dividends. Monsanto rose on news of a $30 million expansion financing. Other boosts came from U S Steel Bethlehem Youngstown Sheet Chrysler General Motors Goodrich and Santa Fe.
An assortment of repair and service ads across radios, appliances, auto repair, painting, plumbing, and home services. Listings include McKenzie's Furniture, Power & Home Equip Co, J & C Auto Paint Shop, beauty parlors, watch repair, plumbing, septic tanks, landscaping, and roofing. Numerous phone numbers and addresses indicate widespread local offerings.
Foreign exchange rates in New York on December 18 show the Canadian dollar at 95.00 U. S. cents, Great Britain at 4.03 dollars, and several other currencies holding or inching. France, Sweden, Switzerland, Argentina, Brazil, Mexico remain largely unchanged with minor shifts.
Cotton market update from Los Angeles shows 2,200 cattle for sale with prices mostly steady. Medium to good steers bring 20.50 to 23.00, heifers 17.50 to 18.75, cows 14.00 to 17.25, cutters down to 9.00, bulls 14.00 to 16.75. Calves at 299 head mostly 17.00 to 19.00, some to 21.00. Hogs 500 head, fairly active and 50 to 100 lower, 175 to 255 pounds. top hogs 23.25. Sows included in lighter demand.
In New York on December 18 cotton futures traded in a wide range with bill buying and local demand briefly lifting prices by up to 2.50 per bale before hedging and profit taking caused a retreat. Spot markets remained firm while textile markets stayed quiet.
Bids are now open on surplus trucks jeeps office and kitchen supplies at Papago Park Arsenal Phoenix announced Wednesday by the purchasing and contracting office at Williams Field. Property may be inspected until Jan 10 1947 bids opened publicly by Capt Joseph Roberts purchasing and contracting officer sealed.
A government sale notice presents an envelope clearly marked for bidding on government material with invitation number d24c4474. The fragment indicates a formal procurement or disposal process and invites potential bidders to participate under stated terms.
Phoenix officials announce that city manager Odd S. Halseth will resign January 15 after submitting his letter of resignation. Bill Richards, executive secretary to Mayor Ray Busey, is expected to succeed him as city manager.
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