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Independent in Long Beach, California

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Articles on This Page

This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Independent

Location

Long Beach, California, United States of America

Date

Aug 11, 1959

Page

4

Market Suffers $5.4 Billion Setback

The New York Stock Exchange and overall market slide seen on Monday follows a sharp drop in the Dow Jones Industrial Average, with losses led by the stock average plunging to 229.20 as volume surged to over 4.1 million shares. The fall marks the heaviest turnout since May and compares with a prior drop linked to Eisenhower’s health news.

Cresser Terry New York Stock Exchange Brest Elon Pac Cran Beeee Reese Reese Ria siVise 3d Fem Doug Arcay Atey Kim Aed Gover Boers Rime & Co Beles Ng Acme Bernd Mirity Oeran Way Perot Pete Lee Peter Osbtay GM Gs Betes Serracole TD Zevin Stadia Cate Investment Trusts Po Autoren Reese Naseer Baer Ian Cami Angeles Ares Wits Teise Uae Iris Ates Growers Inc FY Bros Rails Dow -Jones Ince Eisenhower

Dow Jones Averages Brief Market Snapshot

Preliminary close figures show mixed results across sectors. Industrials edge up while rails and utilities slip, with broad stock averages fluctuating amid trading activity and index components unevenly shifting.

Market Index Snapshot Amid Mixed Close

The Standard & Poor's index reading shows a subdued close with the 300-stock index and industries mixed. Trading details include the Industrials and Railroads segments with modest gains and losses, reflecting cautious investor sentiment.

KEW York Iee & Poor

Losses Mount as Market Falls in Technical Downturn

The New York stock market slumped with the worst loss of the year on heavy volume. Major industrials led declines while American Home Products and United States Steel fell amid a broad selloff. The Dow and many issue prices dropped across steel, chemicals, oils, and rails as advisories warned of weak near-term prospects.

Minnesota Marquette Cement U. S Steel Anaconda du Pont Standard Oil New Jersey American Stock Exchange New York Wall Street Mathaw Thicket American Motors Avco Texas Instruments Raytheon

Ship Arrivals and Departures Highlight Coastal Traffic

A chaotic inventory lists vessels due or in port, with ships like Ramer SS and others from San Francisco and nearby ports, reflecting steady movement and routine delays. The note names several ship types, origins, and tentative schedules, painting a snapshot of busy maritime days.

Craar Torsche Ramer Ewan Boer Pons Teron Janes San Froisy Fran Wacom Cereus Wessels Jeney City Livers San Fran Lewaes Canaday Trent S. Cones Tan Warne Feiberm Montes Mactan da Maem Bare Faroen Mernroe Mor

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Pacific Coast Dow-Jones Standard & Poor Index Zenith General Telephone Glen Alden United Aircraft Rit Ie Certified Trust Deeds, Inc Long Beath 7 Calfornia Vichors Orle Cabferci Ol Buttons Weekly Commodties Hensanice Coy Ste E.f.huttoneco Te Gaben Treeas East Beosswas Tesco Bri JoAns-Sanville Corporation a-Texcro, Inc American Viscose Corporation Kennecott Copper Corporation the National Cash Register Company American Cemert Corporation F—Mowntain Fuel Supply Company Westerm Air Lines, Inc the Corderradum Company Canadian Superior Ol of Celejarnic, Ltd Great Northern Racwoy Company Cell-G Corporation Garrett Freightines, Int American Brake Shoe Company Jost Cougoa A.hogle & Co A-Hogle & CO Long Beach Hee See Cemer Eficen Les Kogeles Beeesy Hills Raeide S20 Bega
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