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This newspaper page contains 13 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 13, 1953
Page
17
The London Stocks Average opened higher as the Times index edged up and key shares advanced. Trading was moderate with gains led by major financial and industrials, while several explorers and utilities showed mixed action amid cautious sentiment.
The stock market opened steady in a quiet session with thin volume around 1.4 million shares. Industrials led gains with aircrafts in front, while copper and oils sagged. two steel executives signaled a need for action as heavy selling persisted. The bond market drifted lower and foreign bonds were irregular, with narrow corporate changes and more declines than gains.
Fragmented market notes show cattle steers around 21 to 23 dollars per cwt with varied loads and gear. Calves valued near six hundred dollars for lighter stock, while hogs and ewes show diverse bids and weights.
Grain prices on the American Stock Exchange softened after an Agriculture Department forecast, with wheat closing lower and corn futures mixed. Trading volumes remained active as traders digest Canadian imports and livestock receipts, while prices for soybeans showed little movement amid milling demand.
The report lists various currency values and movements across major currencies. It notes British pound changes, French franc, Dutch guilder, Italian lira, Swedish krona, and Brazilian real with mixed shifts and some unchanged quotes. The chaotic OCR text shows prices, percent changes, and references to markets and commodities amid a global rate snapshot.
New York markets closed mixed as bonds and commodities fluctuated. Data show stock indexes, dividends, and crop prices including cotton futures and spot demand, with May and July futures moving within narrow ranges and spot sales affecting overall tone.
Fragmented figures show earnings per year for several companies including Ford, Star Cement, Ohio Railway, and Copper Co. with varied comparisons such as gains and losses. Specifics are obscured by OCR errors, but the passage appears to list yearly earnings figures and inter-company comparisons across a range of named firms.
Federal state service notes butter grade AA and AC pricing, eggs with Medvy Smart Gonsay listings, consumer grade A and AA labels appear. Retailers mix prices by weight and package type, including five pounds and three-pound cartons, with mention of white fryer merchandise at local shops.
Treasury data show receipts and expenditures with net balance and asset figures, including totals around 195 million and 264 million. Markets in New York are steady with moderate bond movement, Cotton mixed, and Chicago grain futures weak as government forecasts winter wheat output and large stocks loom.
Fragmented OCR notes show hay price references with figures around 43 and 42 dollars, plus percentages and other cryptic codes. Mentions of barley and No. 1 on Fries suggest a mixed commodity market item with incomplete data and erratic formatting.
Live cattle arrived from the country in near record numbers at Chicago and other major markets. Receipts totaled 29,000 head, the largest April run since 1946, as prices and market activity showed notable shifts amid broader market movements.
Lakewood resident Sam Crestin heard a crash at 12 30 a m and found a metal lined coffin like box in the street on Denmead Street The truck had vanished and deputies Bob Brown and E R Runeau are seeking the owner of the container used for coffins in Norwalk authorities report the strange find.
Ship arrivals and departures listed by port with times from 4 PM to midnight. Vessels include Bertisrim, Paragon, and American Bren among others, with operators Bosta Fall For and The Texas Co. noted. Also appears multiple ships from Yokohama and Panama routes, with names such as Aspirant, Mary An, Elon, and Santa Pavia, reflecting a busy transit day.
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