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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Oct 22, 1958
Page
11
Market notes show varied activity with shipments and prices across grains. Mentions include Raytheon, Rexall, and Richfield, with references to multiple states and trading floors, plus early trades and changes in tone as 700 units are cited.
The New York stock market fell modestly as volume slipped to 4,010,000 shares. The Dow Jones average drifted, with 487 advances, 548 declines, and 226 unchanged, while oils and rubbers rose and steels and rails declined.
The Standard and Poor's index figures show mixed results with several sectors advancing while others retreat. Investors watched railroads utilities and stocks as numbers drifted to around mid range amid uncertain trading.
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