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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Aug 22, 1955
Page
19
The page lists Dow Jones averages with figures for highs and lows, plus sector values for rails utilities and bonds. It mentions prices such as 4955 high, 468.45 low and 388.20, along with several stock figures and bond indices.
New York stocks showed a mixed to sluggish session with gains in utilities and some sectors offset by declines in others. Industrials and rail shares moved slowly, with airlines and foreign issues matching the uncertain tone as Treasury prices edged lower and volume remained light.
Closing prices on the New York Stock Exchange are reported for today, outlining key indices, notable gainers, and declines across traded securities. Market activity and notable volume shifts are summarized for investors and observers.
The day’s report shows active trading across livestock and grain markets with cattle and soybeans edging higher while corn experiences selling pressure. Notable figures include steady bids for steer yearlings and mixed movements in hogs, as traded in Chicago and surrounding markets, with volume in the hundreds of thousands of shares and commodity lots.
A dense OCR of a historical page lists numerous stocks, dividends, and company names. Names such as Chrysler Corp, General Motors, and Electro Data appear amid a mosaic of financial entries, with scattered dates and figures reflecting a broad market snapshot.
The snippet lists assorted company earnings and stock figures such as Transamerica Womo Caterpillar Remington Rand and General Finance. It shows per share values and cents with various figures like 1.86 40 and 4 72 cents, reflecting a fragmented historical market roundup.
Treasury notes cash position versus core expenses with dates in July and August showing balances and withdrawals. Figures include 5.5 million and 230,968.97, 6.12 billion balances and 4.4 billion withdrawals. Mentions statutory debt limit readiness and a generic classified ads pitch.
Two Los Angeles men were killed and a third seriously injured when struck while changing a tire along the Montgomery Freeway south of San Diego. Walter Donald Greer and Luther James Carr, both 34 and 35 respectively, were identified as the deceased. The injured teen was Carl Cloke, 15. A driver, Mrs. Lillian Lerkin of Chula Vista, faced manslaughter suspicions after her car, traveling about 70 mph, struck the parked vehicle. Two women in the car suffered minor injuries.
A jeep carrying six youths on the Colfax Forest Hill road veered off a narrow mountain road and down an embankment near Auburn. Dianne Kerbert, 17, and Leonard C. Herbert, 12, among the riders, died. The group was en route to swim in the American River. the other four youths survived.
A brief note outlines shifting costs for common staples amid market chatter. It highlights rising or falling prices for items like rice and other basics, suggesting inflationary pressure and consumer impact. The report references general trends and unnamed figures without detailed measurements.
The Public Health Service asked bids by Sept 20 to furnish 257 prefabricated housing units from Camp Pickett Virginia to Indian health stations in 13 western states. The units will provide housing for medical and public health personnel under the expanded program for reservation Indians. Specifications cover dismantling moving and reerecting the units.
A 91 year old man was jailed on suspicion of murder after his 86 year old roommate Gustaf Emil Elm was found beaten to death. Nurse Ethel Allen found Elm's body on Sunday. Police said Elm's head was battered with a small kitchen stool. A K Baldwin was arrested claiming Elm had bothered his wife, but Baldwin's wife died years ago before he knew Elm.
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