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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Apr 08, 1961
Page
5
The chaotic OCR lists closing prices and tickers across exchanges with numerous misreads. Key names like Roth, Palm, and various companies appear amid scattered figures, suggesting a volatile session and broad market activity across sectors.
Fragmentary market items show mentions of currency rates and livestock market terms, including Great Britain and Germany references. The garbled text suggests exchanges between nations and futures notes, with scattered figures and country names amid unclear phrases.
The deciphered page shows scattered stock prices and company names from a historic market board. References include insurance, utilities, and electronics firms, with scattered figures and ticker symbols interspersed among broken text.
Treasury report shows cash parities and year-ago figures alongside extensive ship arrivals and departures details. It lists vessels, operators, routes, and dates across multiple lines, with benchmarks such as bond vectors and marine lines like Standard Oil related entries and the Port of San Francisco.
Fragmented OCR lists permits and notices for additions alterations and repairs across multiple addresses and contractors including Donahue Abbey Pine Winslow and Bartholomew. It notes firms such as W368 Sheritage and Corey Homes with sums like 1009 and 1200 for various projects and an item about vessels arriving Friday.
The stock market climbed to a new 1961 recovery high with the Dow Jones average up to 683.68, above its March 22 peak, while the broader market showed wide gains in rails utilities and tech. Heavy trading topped 51 million shares, with 130 new 1961 highs and 7 new lows as oil and industrials led gains and several firms faced mixed results.
The government files an antitrust complaint accusing Chrysler Corp of pressuring dealers to drop sideline Lark sales to curb Studebaker Packard competition in the compact car field. Chrysler denies wrongdoing while noting no action seen in the complaint. Grain futures news follows.
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