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Story
May 19, 1934
Nogales International
Nogales, Santa Cruz County, Arizona
What is this article about?
Arizona's financial condition has improved in recent months, according to State Treasurer W. M. Cox, who sold $1 million in tax anticipation bonds in Chicago on March 1 to fund state obligations.
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State's Financial Condition Better
Arizona's financial condition has improved much the past few months, according to State Treasurer W. M. Cox, a visitor here Monday from Phoenix.
Mr. Cox, who is a candidate for the Democratic nomination for Corporation Commissioner, said that he sold $1,000,000 worth of tax anticipation bonds in Chicago on March 1 and in a few days the state will have a million dollar setup in a fund to take care of the bonds.
The second installment of taxes will be applied to retiring warrants in addition to the amount that's setup for retirement of the tax anticipation bond issue he said. The state part of our government is not bad off, he added.
Arizona's financial condition has improved much the past few months, according to State Treasurer W. M. Cox, a visitor here Monday from Phoenix.
Mr. Cox, who is a candidate for the Democratic nomination for Corporation Commissioner, said that he sold $1,000,000 worth of tax anticipation bonds in Chicago on March 1 and in a few days the state will have a million dollar setup in a fund to take care of the bonds.
The second installment of taxes will be applied to retiring warrants in addition to the amount that's setup for retirement of the tax anticipation bond issue he said. The state part of our government is not bad off, he added.
What sub-type of article is it?
Historical Event
What themes does it cover?
Fortune Reversal
What keywords are associated?
Arizona Finances
Tax Anticipation Bonds
State Treasurer
W M Cox
Phoenix
What entities or persons were involved?
W. M. Cox
Where did it happen?
Arizona
Story Details
Key Persons
W. M. Cox
Location
Arizona
Event Date
March 1
Story Details
State Treasurer W. M. Cox reports Arizona's finances have improved, with $1,000,000 in tax anticipation bonds sold in Chicago on March 1, establishing a fund for the bonds, and second tax installment to retire warrants.