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This newspaper page contains 12 articles. Subscribers can read the full text of each article.
Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Apr 05, 1954
Page
17
The Dow Jones averages show mixed readings with Industrials around 307.04, Transport and Utilities fluctuating amid close near-day highs. The Financial Times London Stocks index rose to 141.9, a new high, up 2.2 points on the day.
NEAY YORK WRR The stock market moved irregularly today as railroads advanced and demand shifted. Traders noted uneven activity across sectors with several large gains and declines shaping a choppy session.
Stocks drifted late into the afternoon amid a restrained volume of about 1.7 million shares. Tobacco firms rose from the opening, rails faced selling pressure for the second straight session, and the American Stock Exchange stayed broadly balanced as Treasury notes moved.
The report presents today’s closing prices on the New York Stock Exchange across key sectors. It highlights notable gains and declines, with prominent listings showing shifts in value. Traders eye upcoming economic data and market momentum as sessions end.
A dense clipping describes firmer gas prices and shifting oil industry trends in Texas with mentions of TexG, various producers, and market activity. The piece lists company names, locations, and assorted figures, indicating a volatile energy sector environment and evolving price dynamics.
A snapshot of commodity markets shows grain and citrus prices uneven while oil markets anticipate firmer gasoline values this summer. Industry leaders expect continued domestic demand growth amid ample inventories and debate over imports and depletion allowances shaping policy pressures.
Across Puget Power and other majors, dividends show increases amid quarterly and annual payouts. notes reference April to May windows, with specifics on Dearborn, New York, and Sunrise Supermarket divisions affecting investor outlooks.
A concert of 16th and 17th century music will be presented by the Renaissance Music Society of UCLA at 4 p.m. Sunday in the Municipal Art Center. The program features authentic antique instruments from Dr. Erich Lachman’s collection, including a viola da gamba made for Joan Sebastian teach. The event is co sponsored by the Municipal Art Department and the Women’s Music Club with no admission charge.
The movie "Crucifixion" will be shown Friday at 8 p m at the Municipal Art Center under the Public Library and Municipal Art Department sponsorship. USC professor Andres Deinum will give commentary. No admission will be charged.
Chicago livestock market showed cattle mostly steady to 16 cents higher while sheep remained fully steady. Prime lambs and hogs saw limited gains with steady to firm action in many classes, and various loads of high quality veal and choice cows contributing to overall activity.
EW YORK James White, president of the New Central Railroad, said financier Robert Young, vying for Central control, is being smoked out as details of a 7.8 million loan for proxy battles come under scrutiny. Allegations link Allegheny Corp and Texas financiers Clinton Murchison and Sidney Richardson to stock acquisitions and loans, signaling ongoing power struggles in New York Central ownership.
A Surfside Colony resident told Grange County sheriffs deputies Sunday evening that her automobile was stolen. She could not recall the license number but remembered the digits FIVALISOATA when asked. She described the car by peering under the hood to verify details.
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