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Independent in Long Beach, California

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Articles on This Page

This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Independent

Location

Long Beach, California, United States of America

Date

Nov 26, 1958

Page

6

Third Losing Session Stocks Dip as Rally Fails

NY stocks fell for a third straight session as losses widened across key issues. The AP 60-stock average dropped to 493.00, with industrials down and traders cautious ahead of Thanksgiving. Volume eased to about 3.94 million shares while the tape ran late on multiple occasions.

ED Morse AF Busnes New York Associated Press Buitain Wall Street Sayliz Aloela Rurbers Alroratin Averago Pennsylvania Railroad Slog Corp Wl Tyes Celanese Studebaker Packard American Molove Pennsylvania Colanese Montag Ane

Market summary on Pacific Exchange tumbles and gains

The Pacific Exchange sees a broad decline with 113 stocks falling including Potash Southern Pacific and Deaton Zellerbach while Aeronautical and American Telephone rise modestly. Notable movers include Hoffmann Electronics up 2 3 4 percent and General Dynamics up about 2 percent reflecting mixed industrial performance.

Lorillard Richfield OM Riehtfeld Polaroid Lorilined Mt Ven” Crucibte Steel Seft Ideal Cement Capwell Pacific Coast Chrysler Corp American Stock Exchange Southern Pacific Dows Alls Steela Deaton Zellerbach Hany Jakcraft Ryan Alocks Aeronautical W. S. Steel Man Electronica PRAT General Dynamics Matson Navigation Standard of California Safeway Stores Blue Dial Southern California Edison Beckman Instrus Nan Lockheed Afrs Pg&e LK Tone Oyatt

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