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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Aug 01, 1955
Page
17
Market figures show mixed closes across sectors with the Dow Jones averages and subindexes moving in varied directions. Trading details include several price levels and daily changes among rails utilities and bonds, reflecting a cautious session.
The market fell broadly with leading issues such as Continental Airlines, Union Electric, Reynolds Metals, and Du Pont sliding. Reynolds proposed a 5-for-1 stock split while Phelps Dodge edged lower amid a softer copper sector. trading was light and volume near 700,000 shares as bonds steadied modestly.
Closing prices for today on the New York Stock Exchange show broad gains across major listings. Traders focused on energy, industrials, and tech shares as market sentiment improves amid economic data and earnings signals.
The Chicago market showed mixed hog results with April futures failing to rise, margins narrowing as producers sold limited quantities under 200 pounds. Prime cattle and other slaughter classes held steady or eased slightly, while feeders and stockers faced a soft tone amid moisture concerns and ongoing price shifts across commodities.
The report covers wholesale prices of butter eggs and poultry in Los Angeles with delivered cases and carton counts, plus cotton futures and citrus markets across New York and California. It notes hedging activity, a possible impact from congressional curbs on foreign ports, and price movements in oranges and other staples, with regional market details and totals for today.
Long Beach report describes a treatment that normalizes body systems, relieves pain, relaxes muscles, improves circulation and digestion, boosts energy and sleep, and restores desire to work. Exam and first treatment are $300. Dr. Duncan, DC, offices at 2315 E. 7th St.
An assortment of securities prices and market quotes appears, listing banks, insurance firms, manufacturing companies, and government bonds. The text includes bid and ask lines, currency rates, and various financial instruments with numerous named firms and regions, reflecting a dense, unreadable OCR segment.
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