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This newspaper page contains 49 articles. Subscribers can read the full text of each article.

Newspaper

Tucson Daily Citizen

Location

Tucson, Arizona, United States of America

Date

Dec 23, 1949

Page

16

Stock Market Ends Mixed With Moderate Activity

New York trading shows steady general tone with 1.5 million shares. Stocks gaining include U S Gypsum Pan American Airways Gulf Oil Barnsdall Westinghouse Anaconda Phelps Dodge Homestake Dow Chemical and Goodyear. Losses feature Santa Fe Standard Oil Allied Chemical Bethlehem Steel and Lockheed among others.

New York U. S. Gypsum Pan American Airways Gulf Oil Barnsdall Oil Western Union Anaconda Phelps Dodge Homestake Mining Dow Chemical American Can American Woolen Goodyear Philco Radio Santa Fe Standard Oil (Nj Allied Chemical American Smelting Consolidated W Natural Gas Bethlehem Steel Douglas Aircraft Lockheed

Cotton futures wobble in slow preholiday trade

New York reports irregular cotton futures with near term gains limited by profit taking and hedging while later positions see light covering. The CCC shows weekly cotton loans at 261,993 bales for week ending Dec 15, up from 247,023 prior week.

New York C.C.C Cesesees

Foreign Exchange Rates Reported in New York

Foreign exchange rates listed for December 23 show the Canadian dollar at 88.37 U S cents, with Great Britain pound at 2.80 dollars and various futures unchanged. Francs, liras, krona, francs, and pesos from Europe and Latin America also remain unchanged at specified fractions and cent values.

New York Great Britain U. S Europe France Italy Sweden Switzerland Latin America Argentina Brazil Mexico

New York Sugar Futures Decline on December Market

Domestic sugar futures No 6 fell 8 to 10 points with 863 contracts traded. March 5.16, May 5.16, July 5.18, September 5.20 dollars. No 5 futures quiet with no sales. World No 4 futures down with 6 contracts traded. Raw sugar at 5.75. N nominal B bid.

New York

Bond Trading Favors Rails in Corporate Market Rally

Demand centered on railroad loans as corporate bonds moved higher with rails leading late gains. Rail issues like Baltimore & Ohio and Illinois Central Chicago line posted notable advances while several carriers earlier trended down only slightly. Missouri Pacific bonds rose from fractions to over a point as the session neared close.

New York Baltimore & Ohio Toledo-Cincinnati Boston & Maine Detroit Toledo Ironton Illinois Central Chicago St. Louis New Orleans Maine Central Missouri Pacific Chicago Great Western Income Florida East Coast Lehigh Valley

Hog and cattle market report from multiple cities dated December 23

Chicago reports hog prices at $17.00 per hundred, with varied trends by weight and grade. Cattle market steadier with good steer and heifer values in the $21.59 to $26.25 range and vealers at $22.00. Kansas City, Denver, and Los Angeles note light offerings, mixed to higher hogs, and steady to lower cows and calves, with regional price ranges provided.

Chicago Kansas City USDA Denver Los Angeles

Wool tops and futures firm on New York market

Wool tops and wool futures advanced on December 23 as dealers absorbed profit taking. Tight supply of fine quality wool and firm raw wool prices supported futures with March through October maturities higher. Certified wool spot and tops futures posted gains as nominal bids and prices appeared.

New York

Citrus Auction Reports Mixed Lemons Decline

New York citrus auction notes show three novels about unchanged fruit with lemons priced lower by three.

New York

New York Rubber Futures Close Steady on Light Volume

New York Crude rubber No. 1 futures closed unchanged to slower with only 40 contracts traded. Prices listed Mar 17.75 May 17.55 and Jul 17.19. Spot No 1 ribbed smoked sheets quoted at 177 nominal.

New York Rubber New York

Copper Futures Close Steady in New York

Standard copper futures closed unchanged in New York with four contracts traded. May bids at 15.40 and July at 15.35 with no sales.

Copper Futures New York

London Stocks Rise in FT Daily Index

London stocks closed higher on December 23 as the Financial Times daily index rose 0.5 percent to 1064 points. The modest gain reflected steadier trading amid ongoing market expectations and sector rotations.

London Financial Times Daily

Santos No. 4 futures close higher on mixed spot offerings

New York traders reported Santos No. 4 futures up as Santos bourbons prices moved in the 48.15 to 46.35 area with futures gains. Santos futures for No. 4 closed up 165 to 170 with 170 contracts traded and lead months March to December listed at 49.14N 44.90N. Santos No. 4 D futures rose 142 with 13 contracts traded and July at 41.35N.

Dow Jones E. F. Hutton & Co New York Stock Exchange Central North Am Co Northern Alaska Juneau Ohio D Corp Owens-Ill Pac Gas & Elec SAX al Chem & Dye Allied Pan Am Airways Am Ag Param Am Airlines Patino Mines S Penney (Jc Car & Fdy Penn RR Ch & Cable O Hide & Leath Phillips-Jones Phillips Pet Plymouth Oil Rad & Sts Procter & Gam Am Smelt & BR Radio Corp Raybestos-Man Repab Revere Cop & Br Xall Drug Sa Rheem Am Zinc L &S Richfield Oil Armco Strae Aeee Safeway Strieve Bf Armour & Co Armstrong Cork Seagrave Corp Arch T & SF Soos Ds Roebuck Atl Coast Line Servel Inc Shell Union Oil Atl Refining I Atlas Corp Sinclair Oil Avco Mig Socony-Vacuum Bald Loco Southern Pacific Ealt & Ohio Bendix Aviations Sperry Corp Beth Steel Spiegel Inceeeeere Beth Steel Pf Brandis Blaw-Knox Stand Oil Ind Boeing Aire Borden Co Borg-Warner Studebaker Corp Bridgept Brass S.A Swift & Coseseee Briggs Texas Co Texas Gulf Texas Gulf Sylph Burling Mills Transamerica Canad Pacific ISG Thans & West Air Carrier Corp Union Bag & P Case (Ji) Co Union Carbide Eee Union Oil Cal Celanse Corp Union Pacific Cent United Biscuit Stp & Pac United Corp Oe United Fruit Ll Stp & P Pf United Gas Imp Chi RI & Pac U S U S Rubber Chrysler Corp U S Steel Climax Molyb Cluett Peabody Als Warner Bros Pict Coca-Cola di West Westing Columbas Colgate-Palm-P Wheeling Steel White Motor Colum Carbon Wilcox Oil Steeeee Wilson & Co Worthington P&m Edis Edison Weeeee Nat Gas Youngst Sh & T Zenith Radio Sesee Coty Inc Coty Internat A's Crane Co Crown Cork & S Crown Zeller Tae Crucible Steel Curtiss Publishg Carlessone Curtiss-Wright Deere & Cocoucoe Dist Corp-Seag Douglas Aire du Pont de N du Pont Pl Eastern Air L Eastman Kodak el Auto-Lite Elec Acees D /El & Mus Ind el Paso Nat Gas Endicott John Erie Fairbanks-Morse Gillette Saf R Gimbel Bros Goodrich (Bf Goodrich al Greart&r Graham-Paige M ™ Gt Nor Ry Greyhound al Hood-Hershey Houston Oil Illinois Central Indust Rayon Inger-Rand Se Inland Steel Interlake Iron Tel & Tel Intertype Corp Johns-Manville Jones & L Koppers Nash-Kelvin Nat Acme Doe Nat Biscuit New York Santos No. 4 Santos Bourbons Santos

Cotton textile market quiet before holiday in New York

New York December 23 report shows a quiet cotton textile market on holiday. Print cloths were steady with small scattered sales while wool goods and rayons remained dull.

New York

Zinc Futures Rise Slightly in New York Close

Domestic zinc futures closed three points higher with bids of 9.75 for January 9.75 for July and 9.75 for October.

Christmas holiday closes Savannah naval stores market

The naval stores market in Savannah Georgia is closed for Christmas. Trading will resume Tuesday after the holiday pause.

Turpentine Savannah Naval Stores

Public Records From City Court Docket

Paul J. Cella magistrate and Charles Sedillo note four parking citations with a warrant and bond forfeiture of 10.50. Manuel Gonzalez charged with petty larceny 15 days or 15 dollars. Ricardo Mendilies facing drunk and aggravated assault counts with 10 days or 10 dollars per count and held for Pima county. Marcario Garcia cited for reckless driving with 100 dollars and 15 days. Marion J. Rollo Jr. charged with reckless driving drunk and leaving the scene with 100 dollars and 15 days.

Paul J. Cella Charles Sedillo Manuel Gonzalez Ricardo Mendilies Pima County Marcario Garcia Marion J. Rollo Jr

New York Butter Prices and Creamery Quotations

Wholesale bulk butter prices show higher creamery figures with AA 62 63 cents and A 62 cents to B 60 cents. New York spot quotes list Midwestern mixed colors with fancy heavyweights 37 38 cents and whites 39 41 cents, includes extra large and medium classifications and dirties or checks as noted.

New York Midwestern

New York Poultry Prices Mixed by Region in Year-End Report

The New York market lists dressed poultry by region with varying weights and prices for turkeys and hens. Northwestern and southwestern categories show differing lows and highs for live poultry, with several weight brackets quoted.

New York Poultry New York

Chicago Potatoes Market Report Text

Chicago arrivals total US shipments and stock levels show light demand. Pricing includes Colorado Red McClues at 3.05 to 3.10 and Minnesota North Dakota Red River Valley Pontiacs at 2.50 to 3.10 washed.

Chicago USDA Colorado Minnesota North Dakota Red River Valley

Produce Unchanged in KC Market

Kansas City report notes no change in local produce prices as of December 23. Market watchers cite steady demand for vegetables and fruits with stable wholesale quotes across key items.

K. C Kansas City

Chicago Produce Market Shows Stable Prices and Quiet Demand

Chicago produce trade remains steady as prices are nominally unchanged and receipts report 14 loads of poultry. The market activity is quiet with demand at a low level and no notable price shifts.

Ces Tee

Metal Market News Copper Lead and Zinc Prices

Spot nonferrous metals in New York today show copper at 18 cents a pound for Connecticut valley lead at 12 cents a pound and zinc at 9 1/2 cents a pound for East St. Louis.

New York Connecticut Valley East St. Louis

London Stock Exchange Quiet Christmas Week

Christmas festiv ity kept brokers calm on the London stock exchange with little business. Fore ign rail issues showed the only notable activity as La Guaira rose to 30 and Bolivar A to 74. Tin prices remained firm with cash tin up 15 shillings and ninety day offers around £582 10s.

London Exchange London London Stock Exchange la Guaira Bolivar “A

Justice Court Dockets Reckless Driving and Obstructed Windshield

Judge Clark H. Johnson presides as James Louis Hiley faces reckless driving with $30 fine or 15 days in jail. Louise Ross pleads driving with obstructed windshield with $5 fine or 5 days. Joe Acuna’s case for failure to provide for minor children continued to January 20.

Justice Court Clark H. Johnson James Louis Hiley Louise Ross Joe Acuna

Superior Court filings include multiple probate and guardianship cases

J. Mercer Johnson and Lee Garrett preside over complaints for separate maintenance in the Broad matter. Probate petitions seek will probate for Homer C. Graves and estate handling for Loretta Grace, plus appointment of a guardian for Robert Gonzales.

J. Mercer Johnson Lee Garrett Erin L. Broad Richard W. Broad Homer C. Graves Loretta Grace Robert Gonzales

Divorces Filed in Three Cases This Term

Emily Siebert versus Ralph D Siebert complaint. Minnie Leah MacMan versus Daniel MacMan complaint. Louise K Jahncke versus Robert W Jahncke decree.

Emily Siebert Ralph D. Siebert Minnie Leah MacMan Daniel Mac- Man Louise K. Jahncke Robert W .Jahncke

Births at St Marys Hospital December 22 23

Several birth announcements from St Marys Hospital list new babies born to Melvin Ballentine Edward Petrie Joe Pacheco James McMahon Frank Palomino Edward McKain and Millard Eagerton. Times range from 7:23 p.m. to 10:50 p.m. on December 22 and 23.

St. Mary's Hospital Melvin Ballentine E. Spring St Edward Petrie Desmond Corp Joe Pacheco S. Norris Ave James McMahon Third Ave Frank Palomino 18Th St Edward McKain Nogales Star Rt Millard Eagerton

Stolen Christmas Gifts From Downtown Car Reported

ERIC NYSTROM JR. reported to police that $15 in Christmas gifts were stolen from his car parked on a downtown street today.

Eric Nystrom JR Senecast

Chicago Cash Grain Prices Report

Wheat No 3 red 2.1394. Corn No 2 yellow 1.4 No 3 1.31-32 No 4 1.29 No 3 yellow lake 1.28. Oats No 1 heavy white 75- Ís 75? No 1 white 73-4-75 No 3 medium heavy white 74 sample grade heavy white 73%4. Barley nominal maling 1.20-62 feed 90-1.22. Soybeans none.

Chicago

Wheat and grain prices in Worth Texas market

Wheat No. 1 hard quoted at 2.371 42 percent, oats No. 2 white 94-95, corn No. 2 white Texas only 1.62-64, sorghum No. 2 yellow mile per 100 lbs 2.35-40. Holiday closing for Saturday and Monday.

Worth Tex Texas

Grain prices in Kansas City trade report

Kansas City dispatch lists wheat at 2.15 for March and 2.08 for May with nearby futures. Corn shows May at 1.27 and oats near 0.77 to 0.83. Additional grain quotes include millet, kafir, rye, and barley with varying bid ranges.

Kansas City

Grain prices and receipts at Minneapolis market

Minneapolis grain trade reports wheat receipts for the day at 121 with last year’s 149. cash bids show No. 1 dark northern near 2.19 and No. 1 hard cont around 2.19 to 2.34 with premiums for heavy weights. Corn No. 2 yellow 1.22 to 1.23, oats No. 3 white 0.695 to 0.755, flax No. 1 3.80 to 3.95, soybeans to arrive 2.26.

Minneapolis Minn.s.d

Flour Prices Steady in Minneapolis Market

Minneapolis flour prices show unchanged ratings across standard and family patents with 100 pound sacks at 7.10 for family patents and 5.65 for standard. bran middlings and red dog also unchanged while shipments total 55 180.

Minneapolis

Standard Oil To Add Asphalt Refinery at Point Wells

Standard Oil of California subsidiary announces plans to build an asphalt refinery at Point Wells near Seattle. Construction to begin after blueprints and contract. crude oil to be imported from California by tanker. Point Wells lies at Richmond Beach about 15 miles north of Seattle.

Seattle Standard Oil of California Point Wells C. W. Stewart Stancal Asphalt & Bitumuls Co California Tankler Richmond Beach Here

Cold Storage Firms To Be Consolidated

The merger of U S Cold Storage Co Kansas City into U S Cold Storage Corp of Chicago announced. The Kansas City firm runs branches in Dallas and Port Lavaca Texas. E M Dodds president of Kansas City chosen head of merged company C D Allman Chicago named chairman of the board.

Chicago U. S. Cold Storage Co Kansas City U. S. Cold Storage Corp Kansas City Company Dallas Port Lavaca Tex E. M. Dodds C. D. Allman

Harold Decker Named President of Houston Oil Co

Harold Decker, vice president of Pan American Production Co, is named president of Houston Oil Co and Houston Pipe Line Co succeeding the late George A. Hill Jr. Decker will assume duties January 1 and becomes a director of both companies. The selection was approved by directors at a St. Louis meeting.

Houston Harold Decker Pan -American Production Co Houston Oil Co Houston Pipe Line Co George A. Hill Jr Decker R. R. Hobson Houston Oil and Houston Pipe Line St. Louis

Pioneer Air Lines Declares 25 Cent Dividend

Pioneer Air Lines announced a 25 cent dividend on common stock for 1949. The board approved the initial dividend, with payments due December 31 to stockholders of record December 27, 1949.

Houston Pioneer Air Lines

Manuel Gonzales Sentenced for Petty Larceny in Los Angeles

Manuel Gonzales of Los Angeles was fined 15 dollars or jailed 15 days after being caught at a downtown store with seven pairs of nylon hose he had stolen. The arrest followed a store check and police review.

Manuel Gonzales Los Angeles

Markets To Close Saturday and Monday for Holidays

New York and U S exchanges will close Saturday December 24 and Monday December 26 for holiday. Several commodity markets end early today. For New Year holidays, U S stock and curb exchanges will open December 31 and close January 2. All commodity markets close December 31 and January 2. Winnipeg grain closes December 31 and January 2. Toronto and Montreal markets open December 31 and close January 2.

New York United States Winnipeg Toronto Montreal

Reynolds Buys Four Aluminum Plants from Government

The General Services Administration announced Reynolds Aluminum Co. will pay 50,081,958 dollars for four government built plants at Hurricane Creek Arkansas Jones Mills Arkansas Troutdale Oregon and McCook Illinois plus a sinter plant. The sale includes a five percent down payment and a 25 year four percent note. The government may use the plants in another war and may accept aluminum as part of payment.

Washington Reynolds Aluminum Co General Services Jess Larson Hurricart Creek Ark Jones Mills Troutdale Ore McCook Ill Hurricane Creek

Van Munson Heads Tucson Exchange Club In 1950

The Tucson Exchange Club elected B. Van Voorhis Munson president for 1950. Darnell Hayhurst named vice president, William Hatten secretary, Tony Atkins treasurer, and William Vaughn John Gekas and George Russell named to the board of control.

Tucson Exchange Club B. van Voorhis Munson Darnell Hayhurst William Hatten Tony Atkins William Vaughn John Gekas George Russell Board of Control

Kaiser Steel Increases Prices In Western Market

Kaiser Steel Corp announced a rise in steel prices by about four percent citing higher production costs. The firm said the new rates remain fully competitive with other western producers.

Oakland Calif Kaiser Steel Corp Kaiser

Go Ahead And Shoot Jeweler Tells Gunman

In Liverpool a 70 year old jeweler faced four men who demanded money from the safe. The jeweler challenged the robber to shoot and, after the gun misfired, the thief fled on a bicycle.

Gunman Liverpool Eng George Clitherow Clitherow

Former Brakeman Sues For Damages

Phoenix dispatch reports Hugh T. McKernan a former brakeman filed a $150000 damage suit against the Santa Fe Railroad Co He alleges head and back injuries from a sudden rough stop of a freight train at Holbrook on December 20 1948 while riding in the caboose

Phoenix Hugh T. McKernan The Santa Fe Railroad Co McKernan Holbrook

Cottonseed Oil Futures Close Higher on 91 Contracts

New York December 23 bleachable cottonseed oil futures closed 2 to 4 points higher on 91 contracts. Trade showed March at 12.35, May 12.34B, July 12.37, Sept 12.32, Oct 12.15.

New York

GM reports 1949 fourth quarter stockholders total

General Motors Corp. reports the combined total of common and preferred stockholders for the fourth quarter of 1949 as 433,878, compared with 436,005 in Q3 and 433,191 in Q4 1948. Of the latest total 403,065 hold common stock and 30,813 hold preferred.

New York General Motors Corp

Sale of A and B Service stock and partnership dissolution

Bruno R Gajewski and Raymond J Nowak owners of A and B Service Tucson will sell in a single transaction the stock in trade goods wares and goodwill of the business on January 4 1950 at 10 am The co partnership will be dissolved and claims must be filed with Rudolph J Stone attorney before the sale date at 516 Valley National Building Tucson Arizona

Bruno R. Gajewski Raymond J. Nowak East Prince Road Tucson Arizona County of Pima Rudolph J. Stone Valley National Building State OF Arizona

President Lines To Build Four New Ships

American President Lines plans the early construction of four modern combination passenger and cargo liners at a cost near 40 million dollars. President George Killion said the firm is studying two additional large passenger ships and that the round the world vessels would add to three V-2000 type liners already under construction. The new ships would cruise at 19 knots and carry 60 passengers with 525000 cubic feet of cargo space.

Francisco American President Lines George Killion President Cleveland Killion Cmden American President Lifes

Notice of Public Hearing in Pima County Arizona

Richard E Kolb Clerk announces public notices by the Board of Supervisors for Pima County Arizona with dates in December 1949. The notice lists C S Keating and Esther and outlines scheduled sessions and actions to be taken by the board.

C. S. Keating Esther A. Keating Swan Road Board of Supervisors Pima County Arizona Court House Broadway Ft Lowell Road Richard E Kolb Esther

Also Mentioned on This Page

Bank of Douglas First National Bank Phoenix Title & Trust Co Valley National Bank Utilities Arizona Edison Central Arizona Light Mississippi River Public Service N.M Southern Union Gaseeeee Texas East Tucson Gas & Light Sener Neeeweeeneee Boston Seeveeewees Broad St Seeseeeweeewee Eaton & Howard Fundamental Investors Eeeeee Incorporated Investors Investment Co. of America Wee Mass Eeeee En One Nat Seeee Nat. Securities New York Sugar Albuquerque Atlanta Bismark St Louis Salt Lake City San Diego San Francisco Yuma Weather New York Wool Canad Pacific Ee North Sta Pow Studebaker Cerro de Pasco Warner Bros Miami Associated Press Market News Public Records Curb Alumno Amoussee Tiene Ween S Ark Nat Gas Blue Ridge Marconi Chesebrough Ae Claude Neon Kaiser - Fraz Ad Midvale Metal Market Belle D. Hall Viola Belle Warner Casa Grande Armando Espinoza Graciela Montano Harry H. Holitza Wilda D. Hampton Grain Prices Holding Firm Board of Trade Commission House Ft. Worth Grain K. C. Grain Minneapolis Grain Standard Oil AIR Line Reynolds Kaiser Steel Firm TOM Flaherty Furniture CO S. Keating State OF A. A. Morrison Miracle Mile Man OR Improvement District Miracle Mile Additio South Miracle Mile Manor Halcyon Freeman Olive Park Improvement District Olive Park Addition Woodland Park Wakefield Improvement District Ayer Clark’s Whitestone Davis Harris Strandy Lundy Mack Pershing Rainbow BEE Neseerences SD Eceses Rainbow Annex Sunset Villa Bruce B. Ellis Leanne Improvement President Lines Kentucky C.Y South 8Th Avenue
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