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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Apr 02, 1959
Page
8
Wednesday’s stock table shows mixed results across major listings with notable activity in industrials and rails. Investors watched for bond yields and corporate news as buyers and sellers weighed price changes and session turnover.
The item reports on the Dow Jones Averages as compiled by Ep Hytton & Co. It notes closing figures and movements, reflecting market trends of the period. Specific values and comparative changes are presented for investor reference.
Los Angeles market report notes April cotton prices and counter activity. Batter and eyes are listed as furnished items in the feed.
The STANDARD & POOR index page shows the 4 Standard & Poor sectors with mixed figures. Industrial 425 rises 1.4, Railroads 34.04 holds, Utilities 45.11 edges up, overall stock listings stretch across 15,300 shares with prices around 55.31 to 55.69.
AP report from New York notes the market drifted despite a small rise in the Dow to 602.94 as 1,224 issues traded with 520 losers to 461 gainers. Gains appeared in steels oils and utilities while tobacco and drugs lagged. Active movers included Chrysler Amoco American Motors and IBM. Ford slipped after a large stock offering by the Ford Foundation. Volume rose modestly to 2.98 million shares.
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