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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Apr 12, 1955
Page
19
The brief market update lists Dow Jones averages across sectors with figures for industrials rails utilities and miscellaneous stocks. It notes index values around 217 as well as daily changes and notable gaps, reflecting a Tuesday close amidst varied sector performance.
New York stocks edged higher in the late afternoon with steels and chemicals leading the advance. Drug firms and Salk polio vaccine makers were in demand most of the day amid profit-taking late in trading. Gains reached about three points in several instances while losses appeared.
Grain and commodity markets show mixed activity with soybeans and corn moving on crop repair signals and extended price shifts. Prices across wheat, corn, and oats fluctuate while foreign exchange and global markets push futures higher in parts and lower in others amid light trading and modest bonds activity.
Today’s closing prices reflect steady demand with livestock contracts showing slight gains in select categories. Trading closed with mixed results as analysts note seasonal shifts and market sentiment influencing futures and spot prices.
Partial OCR fragment shows scattered stock market terms and foreign words. Key entities and coherent facts are missing, leaving no actionable figures or names to anchor a concise summary.
The fragment mentions prices, years, and several proper nouns such as Hales and Timlin. It appears to be a damaged OCR excerpt with unreadable segments and numeric codes, offering limited readable facts about amounts and individuals.
Fragmentary OCR lists permit items and addresses for additions and buildings. Mentions include Pepperwood, Grn Arbor area, various architects such as Wikam A and Ac Reilette, several property adds and dwelling repairs with amounts like 2000 2800 4500. Details are garbled but indicate local permit activity and contractor names.
Fragmentary text shows mixed phrases about markets and streets with unclear dates and names. Unable to identify distinct persons or organizations. Summary focuses on the unreadable OCR fragment relating to stock market listing and a street name.
The council voted down abolition of emergency ambulance charges and kept them. Council member D Pee Ahernsd Toby Wiel opposed the change while another vote approved continuing the current $3.50 charge for those who can pay. Responsibility for collecting the fee moved from the Fire Department to the Department of Finances.
Workers announced they have given up hopes for five coal miners entombed by a Monday cave in in Nagasaki Japan. Calculations indicated the five had exhausted all available oxygen.
A partial market read shows citrus prices and trends with reference to Sunkist listings. The report notes unchanged prices for certain items and lists representative prices by origin, including California bids and other regional offerings.
A well established firm advertises complete brokerage facilities in stock bonds and commodities across the nation and overseas. The notice invites readers to write for full information about services and publications and lists EF Hutton Company as the contact.
John Winfield Scott, 93, a longtime Long Beach resident and retired Southern Facile Railroad engineer, died Monday at a Lang Beiteh hospital. He came to Long Beach 27 years ago and was a member of Washington Lodge 46 F AM Portland. Survived by wife Winifred Z son Roy P Scott daughter Myrtle S Drysdale stepsons Allen Ellis and Catharine Box plus Winifred Edwards Bessie Bunker Evelyn McRae and five grandchildren and 432 great grandchildren. Masonic service set for Wednesday at 10 a.m. at Motell's Peek Chapel with burial at Hills Memorial Park.
New York police dropped Edward Schirmer from pursuit in the Queens Chase Manhattan Bank holdup after confirming he is confined in Sing Sing Prison for parole violation. The heist yielded a record cash take of 303000 dollars, prompting renewed searches earlier Wednesday.
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