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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Dec 20, 1954
Page
21
The Dow Jones averages show varied movement across industrials and rail shares as the market opens. Prices, highs, and lows appear distorted in the report with several garbled figures indicating mixed performance and shifts in key indices.
New York markets rallied in late trading with broad gains across major sectors Stocks rose 1 to 4 points with some up as much as 11 points Douglas Aircraft surged and railroads and steels followed while high grade industrials moved higher U S government bonds eased and foreign bonds showed mixed moves Traders logged heavy volume with about 3 509 009 shares changing hands as utilities and other sectors lagged in early advances
Listing of closing prices on the New York Stock Exchange for the day, detailing each major listed company’s final trade, index movements, and notable shifts in market activity. Includes brief notes on volume and any standout gains or losses among blue-chip and sector leaders.
The report covers cattle prices, steers and cows, with stock lot codes and standard grading notes. It lists market activity in sanitary goods, commercial objects, and feeder cattle values, alongside various price ranges and entries. Figures include per head and per hundredweight notes across multiple lots and locations.
Treasury figures for the period end show a cash position of 1,075,554,624.45 dollars with other balances around 563.2 million and 23,736.57 dollars. The report cites statutory figures and notes movements in balances across accounts.
The Agriculture Department projected next year's winter crop at 679,137,000 bushels, about 111 million bushels below this year's 790,787,000 and well under the 10-year average of 532,977,000. White winter wheat, about three quarters of output, is planted in fall, with spring wheat not forecast until planting next spring. The 1955 crop faces production controls for a projected reduction of about 13 percent in plantings from 1954 due to a large surplus.
The House Civil Service Committee today urged a broad training program for federal workers both inside and outside government. The report, based on a study, says a lack of a comprehensive plan is a serious flaw in the federal civil service and notes some agencies are already authorized to train employees externally.
Santa Ana Fourth District Court of Appeal upheld a trial court ruling, setting aside the Orange County grand jury forgery indictment against Arinuy Gordon Eldred, 35, a prominent realty broker. Eldred must stand trial January 24 on an eight count forgery indictment. Also tied to Jan. 3 burglary and conspiracy indictments involving other brokers and liquor license transfers.
Cotton futures in New York fell from prior closes as traders faced limited offerings and cautious demand signals. Prices eased for most contracts while a few remained near the day’s end, reflecting uneven sentiment and ongoing market caution.
Reading of a fragmented farm market listing shows scattered pricing notes for hay and related items. The readable fragments mention quantities and pricing terms, with several unreadable words and garbled names.
In Pinellas Park Florida three women Peggy Davis Mrs George England and Mrs Joe Borders lead a campaign to round up stray dogs for Christmas meals and future weeks. They collect dog food and even place a Christmas tree for homeless pups and plan adoptions for well behaved animals.
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