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Tucson Daily Citizen in Tucson, Arizona

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Tucson Daily Citizen

Location

Tucson, Arizona, United States of America

Date

Jun 12, 1962

Page

29

Kennedy Crash Bear Market A Challenge Not Disaster

A written exploration argues the Kennedy bear market, started December 12, 1961, is a test and not a catastrophe. It analyzes causes from overspeculation to policy shifts, notes diminished financing, and warns against eroding trust between government and business while urging dispassionate balance-sheet assessment.

Horace Walpole Wall Street Standard & Poor New’ York Stock Exchange Dow Kennedy Bear Stock Exchange Gertrude Stein Kennedy Beach Federal Reserve Board Wall Washington Theodore Roosevelt Inn Morgan Northern Securities Co Great Northern Northern Pacific Franklin D. Roosevelt White House Kennedy Caroline Secretary of the Treasury Dillon Commerce Hodges Soviet Union Khrushchev America Ford Foundation Ford Motor Co Securities and Exchange Commission Stahrl Edmunds

Discouraged Selling Presses Stocks Lower in Final Hours

New York traders ended a volatile session with a sharp market drop as discouraged selling pushed stocks to daily lows. International Business Machines led declines, down about 23 points, while Polaroid and Xerox fell around 9 and 7 points respectively. Gold miners rose, Litton faded, and Du Pont, General Electric, and Eastman Kodak fell roughly 3 points. Ford and American Telephone slipped over 2 points. The ticker lagged five minutes behind transactions.

New York Polaroid Xerox Litton Industries du Pont General Electric Eastman Kodak Ford American Telephone

Metals News Roundup From New York Markets

Spot nonferrous metal prices in New York on June 2 show copper at 4 cents per pound, lead at 6 cents, zinc at 2 cents, and tin at 1 3/4 pounds per pound. Foreign silver trades at 1.012 per troy ounce.

York Connecticut Valley New York East St. Louis

Livestock market report highlights steady to lower cattle prices

In Phoenix and Los Angeles stockyards trade for slaughter steers remained active with prices steady to 25 cents lower. Heifers were moderately active and mostly steady. Readings show 925 to 1,050 lb steers at 25.50 to 26.00 with delivery through mid July. 750 lb to 950 lb heifers at about 24.75 to 25.25. Los Angeles listings note 1,700 salable steers, 1,060 lb at 23.50, cows 13.00 to 17.00, calves firm to 25.85, and Holstein bulls 19.00 to 21.00.

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Cattle Hogs Calves and Sheep Prices From Kansas City

Kansas City market notes show calves at 25.75 high, steers and heifers 23.50 to 25.00, cows 15.50 to 17.50, feeders 24.90 to 27.25, hogs strong to 2.50 higher with 214 Ib at 17.00 and 250 Ib at 16.50, sheep 35 head steady with prime lambs around 24.25 and ewes at 4.25 to 5.25.

Kansas City Calle Wis

Lusk Trial Nearing End In Custody Case

The Superior Court divorce trial of Robert F. Lusk Jr. neared its last full day of testimony with the corporation president answering questions about his finances. His ant testified on finances while Mrs Kay Lusk's lawyers prepared rebuttal, custody of three children and community property division are contested.

Superior Court Robert F. Lusk Jr Corporation Lusk George Tipescu Kay Lusk Robert O. Boylston

Also Mentioned on This Page

Europe By J.A. Livingston Eisenhower Congress Robert Lichty United States U.S American Stock Exchange NEW York Stock List Claas National Car Rental 22Nd St Propertus Dept . Sc-4 THE Keystone Company Congresa Boston Masi NEW York Stock Exchange E. F. Hutton and Company Investors’ Service Department East Pennington Street Tucson American Auto Rental N. Stone Charles Moore National Life of Vermont E. Broadway American Homes Assoc Broadway Charles Ventres Tucson Realty & Trust Co Nancy H. J. King USAF Davis-Monthan Air Force Base Arizona Capital Corp Small’ Business’ Act Tucson Realty & Rere Co Stone MA
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