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Newspaper
Tucson Daily Citizen
Location
Tucson, Arizona, United States of America
Date
May 26, 1973
Page
9
OCR compiled page shows scattered stock prices, company names, and numbers with unclear context. The text references American Stock Exchange activities, various corporate entities, and multiple figures, but lacks coherent narrative or identifiable events.
Detroit AP General Motors Chairman Richard C. Gerstenberg predicted 1974 auto sales near this year’s record, with total industry sales likely above 14.25 million and possibly surpassing 14.78 million. He cited indicators of a strong market, near record U.S. sales, and anticipated import price increases boosting domestic models.
Copper futures and nonferrous metals priced in New York and Connecticut markets show copper near 60-61 cents per pound with other metals like silver and lead listed. The report covers close prices, futures contracts for May, June, and July, and global spot quotations including London and Hong Kong exchanges.
Jamies J Needham 46 new York Stock Exchange chairman nine months in office faces internal and congressional criticism. Traders fault his handling of rates and communication while noting a tough market with investors leaving and Congress seeking market reforms. His $200000 plus benefits contract runs four years, three months more.
Representatives from New York Stock Exchange chairman James Needham and Pacific Exchange head Thomas Phelan announced talks to study an affiliation aimed at better markets and economies in operations benefiting investors. They will brief SEC and Justice Department officials in Washington on antitrust concerns and consider harmonizing trading hours with a proposed consolidation yielding a single four hour session.
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