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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Apr 03, 1956
Page
19
Charted figures show the Dow Jones averages with mixed changes across sectors. Industrials led by price gains while utilities lag, with notable movements amid price swings and volume activity across the market.
New York stock market showed a mixed price range with some gains in key issues and losses in others. Trading was selective with notable activity in electric and chemical stocks, while Pennsylvania Railroad slipped and overall volume moved on modest turnover.
A fragmented livestock market report shows varied prices for cattle hogs and vealers. Prices listed include steers and heifers around 20 to 28 dollars, vealers at mixed prime to choice levels, and hogs near 19 to 21 dollars with regional mentions and weight ranges.
The day's closing prices at the New York Stock Exchange show trading activity across major sectors. Market leaders edged higher while several downturns reflected cautious investor sentiment and profit taking after steady earlier gains.
The Spuritan Exchange showed mixed stock moves with several issues turning positive as government notes remained soft. Foreign dollar issues were quiet with selective gains while professionals led the limited trading as bond prices drifted.
Market report notes fixed price action with staples showing modest gains. Analysts cite cautious trading as investors await signals amid steady if uneven movement across sectors from morning to afternoon.
The Associated Press reports the weighted wholesale price index fell to 179.58 from 179.80 the prior week and 177.93 a month ago. The index tracks staple commodity prices and offers insights into inflation trends amid ongoing market shifts.
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