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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
May 13, 1961
Page
5
The grain market notes from Chicago show corn futures slipping while soybeans and oats fluctuated. Trading details are incomplete with garbled phrases and uncertain figures, but references to closing prices and regional exchanges appear amid a messy OCR read.
Chicago markets report the Standard Area index readings with highs lows and changes. Livestock prices show Friday quotes for grain and cattle, including a slaughter steer supply note and various grade prices. Market data mention notable figures like $1750.17 and $15.25, reflecting cattle sales and wholesale values.
Investment notes show widespread fund activity with numerous fund names, figures, and managers cited. Mentions of Fidelity, Franklin, and various mutual funds appear amid scattered investment terms and figures, reflecting a dense financial page.
New York markets closed a irregular week with gains in chemicals airlines and electronics amid higher volume on the American Exchange. NYSE turnover fell to 4.84 million shares while the American Exchange reached a weekly total of 23.07 million shares, a record for its period. Investors watched industrial production rise 2.14 percent last month as trading in low priced speculative issues boosted activity.
Markets at a glance show irregular activity with trading steady for wheat and corn. Prices for cattle and other goods appear mixed amid moderate demand and shifting buyer interest across the period.
The page lists active ships in port with destinations, sail plans, and arrivals. Includes ships such as Maersk Line vessels, Crown Zillinsky, and various freighters bound for San Francisco, Yokohama, and London with May sail dates and lines like CMA CGM and Hawaiian Pacific.
Cotton prices held largely steady with minor shifts in nearby contracts as May futures neared expiration. Treasury data showed potential shifts in calendar rates, while citrus and other commodity markets reported modest gains and steady quotes amid thin trading.
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