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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Apr 23, 1954
Page
15
The market report shows mixed Dow Jones averages with gains in some sectors and declines in others. Industrials and utilities movements are noted, along with bond readings and a London stocks index rising slightly to 147.2.
Amid volatile trading in the stack market, strong air craft and railroads lead gains while livestock prices slip. Douglas Aureval drives a new high as markets reflect broad shifts. livestock and utility sectors show steadier, varied movements with notable price points cited across cattle and commercial categories.
Market activity at the New York Stock Exchange alongside American Stock Exchange closing prices for the day. Investors watched shares across multiple sectors, noting gains in industrials and declines in utilities amid trading volumes and index movements.
The market advanced with aircrafts rising 1 to 3 points while other issues showed small gains. Railroads firmed in early trading and momentum carried through the afternoon as brokers found buying reassuring. volume neared 2,000,000 shares on the American exchange with bonds and government notes steady.
In a mixed citrus market report from California and nearby districts, prices for oranges and lemons show little change. Several brands and varieties are listed with small price adjustments, while major growers report steady demand and supply across wholesale channels. Local dealers note steady volumes and cautious buying as the season progresses.
In Altai region trading notes a New York hay price report appears with nominal figures. No. 1 bale listed at about 208.32 dollars, suggesting limited demand and adjusted pricing amid uncertain market signals.
The Sierra Pacific Pastoral Conference of the California District Lutheran Church Missouri Synod will meet at Bethany Lutheran Church Lakewood Village April 26 28. The conference includes pastors and teachers from Southern California with Rev Norbert G Mueller as host pastor and Rev Armand Hesse of Pasadena as chairman.
Market report notes Grade A butter eggs and poultry prices with FOB distributions and consumer demand. Treasury figures compare positions to prior year, detailing totals for debt and currency, plus notes on shipments and market activity.
Patrolman Jackson E. Foster, injured March 27 when his unit overturned while pursuing a stolen car suspect, will return to work Monday. Surgeons recovered the tip of his right thumb and successfully reattached it at Seaside Hospital.
Salvation Army revival meetings began at the chapel on Locust Avenue and will continue through May 2. Major William Miller and Mrs Alfred Sous preside, with Maj. Alfred Sous in charge of the meetings.
Policewoman Madeleine Shipman 26 plans to retire April 27 after 13 years with the department and wed Lloyd Milne of Laguna Beach May 6. Formerly a psychologist at New York State Prison she served at Medford Hills and other assignments before leaving city service.
State officials announced the 1953 aviation fund shares for airport improvements. L.B. Airport will receive 3310.17 dollars, with Torrance and nearby Los Angeles areas getting 420.04 and 244.2 dollars respectively, totaling 24,497.75 for Los Angeles County.
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