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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Jun 14, 1958
Page
9
The bulletin lists closing prices and quotes across Pacific Coast exchanges with numerous company names, stock figures, and market indicators. It notes retailers’ price levels, dividends, and bond references, reflecting a broad one-day snapshot of securities, commodities, and public notices.
New York stocks surged to a 1958 peak in heavy trading. Volume reached about 100 million shares with 1,299 issues advancing and leading issues like tobacco, rails, and steels posting gains. The Associated Press average rose to a 1958 high of 174.30 as industrials and utilities hit fresh highs.
Market inched higher with mixed signals as Industrials and Rails showed modest gains while Utilities lagged. Reading on key indices remained unsettled amid unclear economic cues and fluctuating price ranges across sectors.
The Standard and Poor's stock index data shows mixed figures with High Low Close Change readings amid scattered figures for 33 Industrials and utilities. Readouts include numbers like 57.59 28.05 25.93 and 37.25 37.39 with several stray characters. overall market items appear fragmented in this OCR segment.
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