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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Jun 05, 1958
Page
16
Reading through Wednesday's trading, the record lists closing prices and percent changes for numerous stocks across major exchanges. The data includes indices, utilities, industrials, and railroads with active listings for names like Pennant, Amex components, and prominent brokers, reflecting a broad market snapshot.
Oil stocks led a trading day with gains among the most active issues, while the broader market wavered. Lorillard and Shell Transport topped volume lists as investors pursued oils as hedges and long term investments amid quieter Middle East conditions and new fund activity.
Cotton and stock markets show uneven movement as gains slow and demand remains solid. Investors watch waves of price shifts across mixed sectors, with some rebounds in late trading offset by softer intraday levels.
The report covers market notes from the Feaura State Market News Service with price readouts for citrus sizes and varieties, plus a Treasury report summary. It includes balance figures, withdrawals, and debt notes, and cites New York market highlights with irregular wheat and corn trends, easing cattle prices, and earnings data for key firms, all reflecting a period of mixed commodity movements and fiscal detail.
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