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This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
Tucson Daily Citizen
Location
Tucson, Arizona, United States of America
Date
Jun 24, 1958
Page
16
Closing New York prices show general weakness with stocks lower while a few issues gain. Bonds drift, commodities including wheat and corn rise, hogs steady to 25 cents lower, cattle mixed with slaughter steers up to 25 cents. Dow Jones final averages list 30 Industrials 2 Rails 15 Utilities with mixed results across sectors.
Gordon Beasley 25 was arraigned on armed robbery charges for a $150 holdup of the Congress Hotel. Bond set at 3500. His companion Sue Bensing 29 held on vagrancy with possible stronger charges after police found the pistol receipt and loot in her car. Both arrived from Dallas.
Judge Bernstein will hear arguments over the East Broadway Improvement District to widen Broadway between Craycroft and Kolb Road. Eleven homeowners seek to exit the district, arguing they would not benefit from any future improvements. The case questions district creation limits and potential property devaluation stemming from road widening. Bernstein plans to review submissions before a July 18 vacation.
In U S District Court assistant DA Robert Boylston presented his first witness in the case against Jose Montoya Parra and Antonio Cardenas Romero. Four and a half pounds of crude opium were seized as evidence. Romero initially pleaded guilty but retracted under Judge James Walsh. The trial proceeds with a four woman eight man jury.
The Citizen features the Southern Arizona Bank as the first local business to publish a full color ad produced entirely in Tucson. The article notes the shift from single color or artistic sketches to true process color using three primary colors with separate press plates. Ray Manley photographed the image, with color separations and engravings by Color Ie.
On June 24 New York foreign exchange news center reported mixed movements in currency values. Traders watched for policy signals and global demand amid modest trading volumes as the dollar varied against major peers.
June 2 report from New York notes dividend declarations affecting several companies. The brief item lists multiple actions and approvals by corporate boards and regulators.
The report indicates earnings in York for the three months ended April show a drop from prior figures to $1038.08. It lists related figures such as $80 and $68 in various line items and suggests adjustments or comparisons to prior period values.
Fragmentary OCR shows a discussion of incorporation, child welfare concerns, and requests for urgent action in Tucson Arizona. Names and details are unclear due to corrupted text, but phrases hint at governance, public safety, and educational planning.
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