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Newspaper
Tucson Daily Citizen
Location
Tucson, Arizona, United States of America
Date
Jun 02, 1961
Page
21
June 1 report shows egg prices unchanged overall with adjustments for large retail store sales. live poultry prices listed by category including fryers and hens with percentages indicating typical market shares and undetermined portions. turkeys show price ranges for young hens and toms.
Cotton futures rose slightly in thin trading with July purchases spurring the upturn and Commission houses split on the March position. Quiet spot activity limited interest and late afternoon quotes show modest gains with July at 9465 and December at 34.9.
In New York on June 2 the cotton textile market was quiet with buyers taking small quantities of print fabrics and sheetings for spot needs. The wool goods market held a firm tone on solid orders seen in recent months. Scattered acetate taffetas sales appeared in the synthetic segment.
Treasury figures compare May 29 1961 with May 27 1960. Balance 5.31 billion vs 7.64 billion dollars. Deposits total 164.5 billion vs 681.9 million. yearly withdrawals 68.9 trillion. Total debt 291.0 trillion vs 289.3 trillion. Gold assets 17.40 billion vs 19.35 billion. Note includes 396.94 million debt outside statutory limit.
Spot nonferrous metal prices today include copper at 3 cents per pound, lead at 11 cents per pound, zinc 11 cents per pound, and tin at 11 cents per pound. Foreign silver at 1 dollars 25 cents per ounce.
In New York on June 1 futures for Santos No 4 ex-dock firm at 37.50N with offerings around 36.25 to 34.50A. Jul 37.25N Sep 34.10N Dec 35.46N Mar 35.32N May 35.01N. WM futures up 4, Jul 43.99N Mar 42.00N. A-Asked, N-Nomine.
June 20 cattle and calves market not established with 200 cattle and no calves. Sheep 30 head, market not established. Hogs 2 500, fully steady to 25 higher. Sows steady. Barrows and gilts 1650-1700 pounds, 2 20730 pounds. 17.15 25 23 and 3 250-200 pounds. 1575-16.25, 1 2 3 270-400 pounds. Sows 14.25-95.00. 400-575 pounds 13.75-14.50. 23 600 pounds end heavier 13.50.
John Schlotfeld, Willcox Schools superintendent, freed of aggravated assault charge after dismissal at deputy county attorney request. He had faced accusations stemming from a February basketball game incident with a Marana High School player.
Memphis traders publish bulk cottonseed meal quotations with bids for prime protein basis. Market notes show bids Jig 59.00 to 60.00 Sew 54.00 to 55.00 and future months Oct around 50.00 to 55.00 and Dec 52.50 to 56.00.
Hillary 36 of 431 West 30th Street, Republican council hopeful, testified as the Pima County Grand Jury pursued alleged political harassment by the county attorney. Hillary and Edward Alvarez, tied to a complaint against Jesus Durantra for disturbing the peace, were questioned as Ybarra, Democratic rival, lost by four votes.
Sundt Construction was the low bid at 648 921.20 for phase one of the new Tucson Municipal Airport air terminal project. The work includes an aircraft parking area taxiways and a utility tunnel extension with FAA approval expected by Monday as the overall terminal cost nears 4 million dollars. San Xavier Rock and Sand Co. placed the second bid at 697 777.70 and Ashton Construction Co. bid 796 561.50.
Duplicate bridge winners at the Jewish Community Center on Wednesday were North-South: 1 Ruth Voss and Ralph Kramer, 2 Herbert Osborn and Mike Brambach, 3 Mrs Harold Thorne and Mrs Sylvia Marans. East-West: 1 Mr and Mrs A M Thompson, 2 Mrs Walter Holm and Mrs Horace Brannen, 3 Mrs Bess Cronin and Mrs Lucia Lanning.
Cottonseed futures fell across several contracts on June 1 with July at 15.41 42 and September at 14.72. October and December quotes hovered around 13.69 to 13.92 as speculative activity showed a soft start for the month.
May 1961 turnover on the New York Stock Exchange reached 96 950 136 shares the highest for the month since 1933. Louis Stone Hayden Stone and Company notes broad speculative activity and rising prices driven by public money seeking common stocks, with funds and ads totaling 2.5 billion in 1960 amid a limited supply of shares.
The Treasury plans to borrow 1.8 billion dollars by auctioning 18 separate Strip bill securities maturing weekly from August to November. Bids are due June 8 with issuance June 14, in units of 18 000 dollars each. Proceeds will redeem tax anticipation bills maturing June 22 and help cover tax payments due June 15.
A Tucson woman’s screams drove off a prowler who had looted her husband’s billfold of 11 dollars and assaulted her. Patrolman Reynolds says the suspect fled through a rear door after the husband was awakened. The article notes a spate of recent sexual offenses in the near North Side.
A cigarette is blamed for a $1,200 blaze that destroyed a 1959 sedan owned by Andrew D. Carter of 3714 E Juarez St. Patrolman Barreda noted Carter had a gasoline can in the front seat. Fire officials said the fire began in the back seat near Juarez St and Alvernon Way.
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