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This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Aug 10, 1956
Page
24
Market snapshot shows mixed moves as Dow Jones totals drift with the industrial index down while rails advance. Brief quotes indicate uneven momentum ahead of notable earnings reports and economic data release dates.
Volume waned in late trading as the stock market slid with most major stocks down about two points. International oils suffered the worst losses, down three or four points, while Gulf Oil fell around four and Royal Dutch near three amid canal crisis anxiety. Railroads weakened after Thursday gains as passenger and coach fare cuts were debated.
The report surveys declines in stock prices amid lower volume with mixed livestock prices. Bulls and calves show modest gains and losses across cattle and hog futures, while energy and oil stocks rise slightly. Bonds drift and foreign exchanges soften as inventories and industrials shift.
The document compiles stock prices, futures, and commodity quotes from major exchanges. It lists firms such as General Motors, Coca Cola, Texaco, and United States Steel, with prices, gains, and notable shifts. It also references investment funds, insurance stocks, and industry indexes, summarizing intraday movements and closing snapshots.
A fragmented 1947 market brief reports dividends references and assorted commodity data. It notes wage or price shifts for stocks in New York and Chicago markets, with comments on cattle, oats, soybeans, and orange prices, alongside spot market reflections and general export indicators. The text includes garbled names, dates, and regions, but emphasizes firm soybeans and mixed stock activity with cautious optimism.
Uncle Sam’s cotton program faces a global squeeze as Mexican cotton surplus and price supports disturb the world market. Foreign mills, Canada, and European nations protest subsidies while U S auto makers and textile exporters face import pressures. Mexico and Latin producers expand planting as U S price supports leave millions of bales unsold.
A brief list of exchange rates and currencies from several countries including the United States Great Britain France Germany Denmark Sweden Argentina Brazil Mexico and Hong Kong. The report notes rates near two to three percent changes for several currencies with some staying unchanged for 1934 and others showing modest adjustments.
Two 13 year old runaway boys from Tulsa burglarized the police chief’s office gum machine in Sand Springs. They were left alone awaiting Tulsa officers to return them home but were taken instead to Tulsa’s Mohawk Boys Home.
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