And Finance Wednesday June 19 1968 Business News
June 19 1968 business page reports market movements and company updates across sectors. Key firms and financial indices noted with brief summaries of share performance and economic trends.
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Newspaper
Tucson Daily Citizen
Location
Tucson, Arizona, United States of America
Date
Jun 19, 1968
Page
15
June 19 1968 business page reports market movements and company updates across sectors. Key firms and financial indices noted with brief summaries of share performance and economic trends.
Kennecott Copper Corp ranked third in Fortune magazine’s 1967 list of the 500 largest U S industrials by after tax earnings as a percentage of sales, at 22.7 percent. Other top earners include Amerada Petroleum, Texas Gulf Sulphur, G D Searle, and Freeport Sulphur.
Metals prices and futures from New York and other exchanges show various spot and futures quotes for copper, zinc, tin, gold, silver, and lead. The report lists per pound and per ounce figures, with several bid and asked levels and index references, noting futures closed higher in some cases and lower in others.
Interdealer markets show representative prices as of 1 p.m. Tuesday across banks utilities insurance and industrials. The data note that prices exclude retail markup and that markets fluctuate through the day.
AP reports Chicago open high wheat and corn quotes with mixed gains and losses. The data shows varied percentages and prices across wheat soybeans oats and related futures, reflecting a volatile trading session.
Phoenix cattle trading shows slaughter steers 975 to 1050 pounds at 27.50 to 28.00 with some loads at 28.00. Holsteins and delivery to mid July into August show strong bids, while city market notes steady to higher prices for steers, cows, and feeder stock across weight ranges. Lambs mixed with some gains and steady demand.
Readable fragments indicate final dividends declared and stock split actions. Mentions include a rate and record date with references to a San Diego based company and market terms. Strong entities: San Diego, VNA Corp, Economics Labs. Details are unclear due to corrupted text.
Readable text summarizes New York Stock Exchange prices with highs lows closes and dividends across many securities. The sprawling snippet lists numerous ticker symbols and sectors including rails oils and industrials, plus a lengthy footnote on dividend terminology and stock splits from The Associated Press 1948.
Fragmentary OCR text provides no clear event or names to summarize into a valid news item.
Liggett & Myers Tobacco Co proposes to merge with Austin Nichols & Co. The plan offers one new Liggett & Myers 5 percent preferred stock for each two Austin Nichols shares, with each preferred share convertible into about 2.3 Liggett common shares. Approval by directors and stockholders, liquor authorities, IRS ruling, and brand owners is required.
West Germany imports from the United States totaled 202.4 million dollars in April, up from 175.3 million in March and 180.7 million in April 1967, according to the German American Chamber of Commerce.
Arizona business listing notes First Pacific Investment Co at 305 in the Ariz Land Title Building Tucson with a contact number 623 8471 and reference to Western Fund.
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