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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Apr 02, 1956
Page
17
The Dow Jones averages reflected varied results with mixed closes across key sectors. Industrials and rails showed modest moves while utilities posted little change, highlighting a cautious trading day as investors weighed market highs and lows.
In a brisk session New York trading saw oils and steels lift the market with gains in U S Steel and Republic Steel while aircrafts dragged. General Dynamics fell after earnings signals and the Joneses lagged while TV production paused. Major names like Standard Oil, Texas Co, and Philips Petroleum rose about a point as volume neared 3.2 million shares.
Pennsylvania Railroad activity quieted after a block of 25 000 shares changed hands. PRM Inc advanced 7 to 8 points to about 46 on the American Exchange amid a drying brokerage outlook. Bond prices held steady in late trading while German and Tokyo issues showed slight gains on modest volume.
The page lists closing prices for numerous stocks and commodities on the American Stock Exchange. It names companies, brokers, and market movers with values in a dense OCR format, including figures for shares, bonds, and related securities.
The day in commodity markets shows grain and feedstuffs mixed as prices edged higher for some crops and slipped for others. Reports note weaker demand in some regions while others see steady to stronger bids for top grades, with broader market influences including currency shifts and foreign demand weighing on activity.
The Market News Service reports California oranges steady, Temans and grapecrel prices unchanged with several grades and pack sizes listed. Florida Indian River and Valencia oranges show varied quotes. Bankiss Grower Inc notes California oranges were lower with representative prices by size and grade across multiple lots.
Markets at a Glance shows mixed to firm activity across metals oils and cars with gains in some sectors and steadier or mixed readings in others. Corn prices hold firm while wheat stays firm and gold shows a tentative uptick despite broader volatility.
Two boys who vanished Friday during an overnight camping trip in Marin County hills reappeared Sunday in San Francisco. Robert Dodele 12 and Robert Lloyd Schmitt 10 of San Anselmo were hungry but unharmed. Cambodia barred a street demonstration in Phnom Penh. about 39 youths gathered in the main square but dispersed quietly.
Tokyo government imposes travel restrictions on visits to Communist China. Citizens planning trips for political purposes or likely to damage Japan’s interests will be denied permission to travel, Kyodo News Service reports.
Two young campers said they slept outside Friday night north of Mt. Tamalpais then hitchhiked to the San Francisco peninsula. Lacking food, they asked a Mission District shopkeeper for sustenance and were turned in, ending a two day chase that involved two planes, a dozen horsemen and many sheriff's deputies.
Concord New Hampshire delegates to the Democratic National Committee elected Bernard Boutin, mayor of Laconis, and Frances Adams, an Exeter school teacher, both Kefauver supporters. The NH delegation was chosen by the party and is pledged to eight Kefauver votes at the national convention after the March 13 primary.
The piece urges daily exercise to maintain weight loss, noting dieting alone often fails. It promotes April Reader’s Digest issue with 40 lasting articles condensed for time, highlighting fitness and balanced living.
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