Bankers Buy Tucson Gas Power Stock Hit By Bid
Blyth and Co and First Boston bid $37.81 a share for 147000 common shares of Tucson Gas Light & Power from Federal Light & Traction Co. The total bid value is $5,558,070, added to a $3.5 million mortgage, giving $9,058,070 overall. SEC and Arizona Corporation Commission approvals are required before public sale in Arizona. Anticipated resale to the public is around $40 a share with a $2 per share indicated dividend. Other bidders included Stifel Nicolaus and Otis and Co. and Harriman Ripley Co.
MENTIONED IN THIS ARTICLE
Blyth and Co. Inc
First Boston Corporation
Tucson Gas, Electric Light & Power Company
Federal Light & Traction Co
New York
John Hancock Mutual Life Insurance Co
Securities and Exchange Commission
SEC
Associated Press
Arizona Corporation Commission
Arizona
Stifel- Nicolaus & Co
Charles S. Mott
Otis and Co
Harriman-Ripley Co
Arizona Edison Co., Inc
Millers See Flour Relief In Two To Three Weeks
Chicago June 5 Bread lines form nationwide as the wheat shortage worsens. The Millers National Federation predicts relief in two to three weeks as new winter wheat from Texas and Oklahoma raises crop prospects. Executive secretary Herman Steen warns this is the worst week for millers with 80 to 90 percent of mills potentially shutting. A relief plan to divert foreign relief wheat may ease the shortage by mid to late July, though government red tape may delay delivery.
MENTIONED IN THIS ARTICLE
Chicago
Millers’ National Federation
Herman Steen
Federation
Texas
Oklahoma
Department of Agriculture
Steen
Road Planners To Hear Budget
PHOENIX June 5 State highway department officials will outline construction contracts and the 1946 47 budget to the Arizona statewide highway planning committee at a two day meeting opening here tomorrow. Speakers include Gene Eagles W C Lefebvre and Earl V Miller. Hugh C Gruwell, committee chairman, said the department follows the groups suggestions on highway improvements.
MENTIONED IN THIS ARTICLE
Phoenix
State Highway Department
Arizona
Gene Eagles
Highway Commission
W. C. Lefebvre
Earl V. Miller
Hugh C. Gruwell
Highway Department
Mexican Supreme Court Defines Desertion In Family Home
Mexico City June 5. The supreme court ruled that the family home is the normal habitation of husband and wife but not necessarily the place where the husband lives. The decision addresses cases where wives are charged with desertion for not following the husband.
MENTIONED IN THIS ARTICLE
Mexico City
Mexico
Supreme Court
Beer And Wine License Approved For Anthony Ballantine
The board of supervisors approved a beer and wine license for Anthony Ballantine at 2212 North Stone Avenue on the condition sales be limited to package liquor goods. Protests from 64 residents were filed, but Ballantine plans to transfer the license soon from the area.
MENTIONED IN THIS ARTICLE
Anthony Ballantine
North Stone Avenue
Board of Supervisors
Ballantine
Italy Votes For Ouster Of King
Rome reports Italy has voted to become a republic, ousting King Humbert II and the Savoy dynasty. War Minister Brosio urged calm as Nenni announced the cabinet plans the king's departure after a 26 day reign. Northern voters favored republic while monarchist Naples area stayed strong for the king.
MENTIONED IN THIS ARTICLE
Rome
Italy
Humbert II
House of Savoy
War and Aviation
Pietro Nenni
Manlio Brosio
Humbert
Victor Emmanuel
Egypt
Naples
Temperature Records Mark June in Phoenix and Washington
Highlights report 105 degrees in Phoenix tying 1912 record and 73 at dawn tying 1939 June 5 record. A 2050 ton two story SP building was moved 180 feet in Phoenix to enlarge the yard. Draft act extension passed 69 to 8 in Senate aiming to May 15 1947. OPA raises milk price 1 cent quart in Arizona permanent. Justin Herman named state highway equipment superintendent in Phoenix succeeding the late Tim Underwood.
MENTIONED IN THIS ARTICLE
Phoenix
Southern Pacific Co
Washington
Senate
House
Hayden and McFarland
Arizona
Ariz
OPA
U. S
Ernest W. McFarland
Nat M. Dysart
Arizona Milk Producers Association
McFarland
Justin Herman
State Highway Department
Tim Underwood
Herman
Chinese Make Another Truce
News from Nanking reports a fresh 15 day truce between the Nationalists and Communists to be signed within 24 hours. General Marshall would receive broad powers to finalize a Chinese settlement as Chou En lai and Chiang Kai-shek differ over the exact scope. A breathing spell follows while efforts to end the civil war continue.
MENTIONED IN THIS ARTICLE
Walter Logan Nanking
UPR
George C. Marshall
China
Marshall
Chou En-lai
Chiang Kai-shek
Chou
Chiang
City Bonds Paid On Principal And Interest Total
Current payments on bond principal and interest amount to 87 810 38. City indebtedness stands at 990 446 25. Four New York banks will receive payments before July 1. Principal portions total 66 000 with 21 810 38 in interest. Outstanding bonds total 832 000. interest 158 446.
MENTIONED IN THIS ARTICLE
New York
Broadway
Sixth Avenue
Davis-Monthan Field
Reverend Koewing Addresses Optimist Club on Postwar Plans
Rev. Leland Koewing pastor of Trinity Presbyterian and former Army chaplain urged Optimist club members to pursue long-range reconstruction and rehabilitation to secure lasting world peace. He served with the Ninth Army in Europe and joined the Third Army occupation forces after VE Day.
MENTIONED IN THIS ARTICLE
United States
Leland Koewing
Trinity Presbyterian Church
Optimist Club
Koening
Europe
Ninth Army
Third Army
Baseball Scores From The Day
Detroit defeated Philadelphia 2 to 0 while Chicago beat New York 6 to 5 in the National League. Other American and National League games were scheduled with several night contests.
MENTIONED IN THIS ARTICLE
American League
Chicago
New York
Cleveland
Washington
Detroit
Philadelphia
National League
Brooklyn
Pittsburgh
Boston
St. Louis
Navy punishes three pilots for dangerous low flights
The Navy ordered a general court martial for Second Lt. Walter Jackson after reports of buzzing houses and an upside down low pass over power lines. Ensign R. O. Luch lost insignia rights and was expelled from the naval reserve unit for flat-hatting over South Gate on May 14. Ensign John Dower received probation for a low pass over Laguna Beach on April 28.
MENTIONED IN THIS ARTICLE
Los Angeles
Navy
Walter Jackson
Marine Corps Reserve
Ens
R. O. Luch
Naval Reserve
South Gate
John Dower
Laguna Beach
Soviets Voice Opposition to Spain Report
New York June 5 A Soviet spokesman opposed the UN subcommittee conclusions on Franco Spain. He hinted Russia might veto the report and criticized its findings that Spain is not a threat and that the General Assembly should act. The Spanish question appears on the Security Council agenda for noon tomorrow.
MENTIONED IN THIS ARTICLE
Francis W. Carpenter
New York
Russia
United Nations Security Council
Franco Spain
Spain
Security Council
Andrei A. Gromyko
General Assembly
California Warned Over West Development Alberta
Sen. McFarland of Arizona warned during a senate irrigation hearing that California risks a reciprocal backlash if it adopts a dog in the manger stance toward Western development. The debate centered on reapproval of the Gila reclamation project in southern Arizona, with support from M. J. Lowd of the Imperial irrigation district urging careful scrutiny.
MENTIONED IN THIS ARTICLE
Washington
Sen. McFarland
D-Ariz
Senate Irrigation-Reclamation Committee
California
Arizona
West
Gila
McFarland
Hayden
M. J. Lowd
Imperial Irrigation District
Two Britons Flay Russia in Commons Debate
London June 5 Prime Minister Attlee accused the Soviet Union in the house of commons of denying flexibility in Potsdam while Churchill warned that seeds of a new world war are sown in eastern Europe. Attlee urged understanding Western democracies and urged action on Spain while Churchill called for a 21 nation peace conference and praised Britain’s hands off Spain policy.
MENTIONED IN THIS ARTICLE
London
Attlee
House of Commons
Russia
Winston Churchill
Europe
Great Britain
Spain
Germany
France
China
Churchill
United States
Eagle
Gromyko
Bevin
Chavez Leads in New Mexico and Other 1942 Primaries
The report lists short summaries from several states showing Democratic and Republican contenders in upcoming primaries. Notable mentions include Chavez leading in New Mexico with Dennis Chavez vs Dempsey. unopposed figures in New Jersey. and California contests involving Warren Kenny.
MENTIONED IN THIS ARTICLE
California
William F. Knowland
Will Rogers, Jr
U. S
New Mexico
Dennis Chavez
John J. Dempsey
Patrick J. Hurley
China
New Jersey
H. Alexander Smith
George E. Brunner
Camden
Alabama
James E. Folsom
Earl Warren
Warren
Robert Kenny
Alfred E. Driscoll
Lewis G. Hansen
Jersey City
Thomas J. Melory
State
Supreme Court
Ed Safford
GOP
South Dakota
Atty
George T. Mickelson
Richard Haeder
South Dakota Rural Electrification Association
Ship Unions Seek U S Plan On Work Week Dispute
Seven maritime unions threaten a nationwide strike June 15 over wages and hours. They will ask the government to propose a compromise after receding from a 40 hour week. owners hold at 56 hours. Navy and coast guard prep to man the fleet if needed.
MENTIONED IN THIS ARTICLE
Washington
CIO
U.S
Edgar L. Warren
Federal Conciliation Service
Navy
Coast Guard
War Shipping Administration
Pacific Coast Ship Owners’ Association
Marine Firemen’s Union
Lone Independent
Ship Strike To Cut Sugar
Washington reports a planned June 15 ship strike would stub exports and risk sugar and coffee supplies within weeks. CIO unions press for unity with aid from other unions to halt maritime traffic, while government officials warn of shortages in copper, tin, lead, burlap, and other imports.
MENTIONED IN THIS ARTICLE
Washington
Truman
Army
Navy
Cio-Dominated
Committee For Maritime Unity
Commerce Department
John D. Small
Small
Caribbean
Agriculture Department
War Shipping Administration
CIO
Bus Certificate Plea Favored By Commission
The interstate commerce commission recommended granting a certificate to Roman Hubbell of Winslow Arizona to operate a bus line between Gallup New Mexico and Ganado and Chinle Arizona.
MENTIONED IN THIS ARTICLE
Albuquerque
N. M
Interstate Commerce Commission
Roman Hubbell
Winslow, Ariz
Gallup
Ganado and Chinle
Ariz
Admirals Hens Take Navy Cash For Poultry Scandal
Washington reports detail a Navy chicken project led by Admiral Robert C. Giffen in Puerto Rico. Navy funds covered housing, furniture, pens, and purchases for roosters and related poultry facilities, with nine surviving chickens later used by the substinence farm under Lt. John W. Johnston.
MENTIONED IN THIS ARTICLE
Washington
James A. Mead
New York
Robert C. Giffen
Puerto Rico
Navy
St. Thomas
Virgin Islands
Sabana Seca
Miami
Sen. Mead
Paul F. Foster
Sen
Homer Ferguson
Michigan
Adm
Giffen
James M. Curley
Navy Lumber
Naval
John W. Johnston
Johnston
Truman names Warren Austin to U N security council
President Truman selects Senator Warren H Austin of Vermont to be America's representative on the United Nations Security Council. The appointment takes effect next January after his Senate term ends. Herschel Johnson will act as interim representative until then, with Austin resigning to become special representative with ambassador rank to advise Johnson.
MENTIONED IN THIS ARTICLE
Washington
Truman
Warren H. Austin
Vermont
America
United Nations Security Council
Austin
Senate
Herschel Johnson
U. S
Johnson
Coconino Fire Still Spreading Across Forest
Fire roars through Coconino National Forest as 700 firefighters, heavy winds, and looming lightning threaten more spread. By June 5 more than 1,600 acres burned with fires circling West Fork canyon, while 600 plus crews battled in shifting conditions and shifting wind patterns.
MENTIONED IN THIS ARTICLE
Flagstaff
Coconino National Forest
West Fork Canyon
U.S. Weather Bureau
R. W. Hussey
Barney's Pasture
Coconino-Yavapai
Pilot Views Forest Fire Near Flagstaff In Coconino Range
Lake Field pilot Captain Jack Tueller reported a large gray scar across the Coconino forest southwest of Flagstaff where a fire rages unchecked. He described smoke pockets, a deep canyon and ongoing ground crews with firebreaks and ditches.
MENTIONED IN THIS ARTICLE
Tueller
Lake Field
Jerome
Oak Creek
Also Mentioned on This Page
State Supreme Court
R. C. Stanford
Maricopa County
Vancouver
B. C
British Columbia
Gordon Sloan
CLUB
Rev
Koewing
Generalissimo Franco
United Nations
U. S. Plan
Labor
By Sterling F. Green
Frederick C.othman
Sen. Ferguson
Adm. Foster
Navy Department
U.N. Post
Coconino
Francis T. Leary
la Salle
A. L. Brodie
Loop
Michael J. Corrigan
Fire Department
Fenn
Lora Gutmacher
J. G. Ritter
Ritter
Oscar Budford
John Barbary
Barbary
Fred Wolfe
Wolfe
Fred Malorrus
James O'Hara
New York City