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Long Beach Press Telegram in Long Beach, California

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Newspaper

Long Beach Press Telegram

Location

Long Beach, California, United States of America

Date

Dec 22, 1951

Page

4

Stock Trade Quiet but Prices Are Firm

New York December 22 Traders kept to the sidelines as New York stocks closed steady amid light activity. Western Union posted a notable gain while other issues fluctuated, with higher and lower movers including Eastern Air Lines and Consoli dated, alongside mixed curb stocks Gemini. Corporate bonds held steady as the market awaited Christmas turnover.

New York Sue Teller Lesues Western Union United Corp Eastern Air Lines Consoli Allied Chemical American Tobacco Bethleranangante Chemical Nem Steel Republic Steel Studers Ij .Baker Goodyear Chrysler Montgomery Ward Ana Conda Copper American Cynaona Ig American Can Santa Fe Union Pacific Johns-Manville Calgary & Edmonton Giant Yellowknife Gold Imperial Oil Pantepec Oil Consolidated Mining & Smelting Jefferson Lake Rotary Electric Steel Net Associated Associated Press Aero Bup Sanat Lone Star Jones Huiton Gus Atlan Adama Millie Sat Bascom & W Neptune Niles Aled Barry Bis Aizi Wien Olym R&t Allied St BRL Fennrand Po Wat Gans Mag Exim East Co Amel Amerada Pet Enton Areuc Cnens Morgen Linea Sunxh Rey Ey Co Cowden Raytheon Creaie Essen ix Swift & Co Gil Bosch Elec Fite Crowe Am Broagenst HiéMus Mivuion Mane Gould Om Schulte el Paso Buenant Hquit Tricot Chile Equiorceia Texas Uo Bae Ford Roy Toy Motorola Goldsveld Murphy Br Mime Salk & Tm el AK Hell Ollins An Ay Kiel Kropa BUNTY Fania Bag Francie Sug Lake Shore Frans Bey Rat Say T&t Buda Cray Slide M & BC Sui Geo Mills Nyghiést L US & Por Pier Rey Eusdae Norv Goodall Goodrich Ie Graz Ohio Oliverse Cie & Mert Grarkon Aiker Otis Mieke Chem T&d Owens FL Us Bandini Petroleum Tie Waky Balt & Ob Burnhart Ty Barker Otoro Bla Wisc Bayuk Blue Diamond Bolsa Chica Ah Waldert Broadway Beech Alre Bel & How Vralgreen Gee Chrysler Cary Auer Bendix Pac Alins Walworth Ter Ny Consolidated Engineering Pac Tel &T Liquidating Corp. Ly Colomora Bia Greumeries Ar Sett Albustan Warner Eninavens Panama Air Webster Wayne Pu Orient Heyes Tod Wesson Fitzsimmons Bo de Jerisci Bliss Salt General Motors Corp Boeing Helme & Ba Hancock Heyden Parke Jolly Ealing Vie Interroast Pete Mata Borg Hallande Majade Petroleum Claw Bos & Dt Isep Frazer West UN Telyer Kern County Toro Us Pale von Siam A Brigra Brises Ik i Lane-Wells Bryrm Hk Houston Oil Lincoln Pete Co Ag Tire Ane Howard Astin Air Pan Tackheed Air Corpo Bryn Ey Howe Brown C&l Jennsco Mig Coi Ie Budd Co Hudson Biotea Enilca Billya Overoo Petrardon_ Co Shicagg Hupp Philp Mor Whann Co Billard Phililpg Woolworth Wrandl Ware Indemnity Co SES. Indust IndElieMex Pit Steel Hi Pac Lightin Corp Switzerland Lemake Pittstan Richfield Co Interchem Brynby Plymouth Fe & Towne Bice Rane Gutsneer Harvahenor & Cob York Care Ryan Aeronautical Atom el Pw Sinclair Ol Xast Ho Cannon i . Cy Iss Ingsin Seaboard Gupital Aire Shell Rona Raina Carey Phi Honite Pitts Bional tHquida- Giro P&l RG Puck B&g Pe Byblick Aig Celanesa Ile Iman Ste jCelan Wwe Faelfic Co RAO Suaray OW Corp Claire Joer Univ Guy Sop Jones & Hed Mo Marmouth Hazel Kalger Alum & Chem Dia Riani E Alam Revere Cab Kan Bern Rees Sweek Yser Kennecott Robbins Mills i Deanite Naty Rob Pulton AL i Bt Mainr Lehigh C&n Salavie Alir Jo Beay Savere Witsoe McNéel Tnt Scranton Neit Ag Beab Finan Romi Pete Erba Lang Conde Nu Bale Balla Cone Mills Sheaffer Rood Shoire Marine A Brith Alex Maria McGraw Southern Co Hetutye Os South Pac Speo Chey Spencer Kel Ee

Orange Size Best in Past Decade

California citrus industry spokesmen said the current orange crop is the best in ten years despite reports of damage from cold snaps. Weather experts noted only trivial damage under 1 percent of the crop, with some wind/ frost losses offset by unaffected orchards. Damage estimates remain uncertain until growers assess fruit quality and grades in coming weeks.

Los Angeles California U. S. Weather Bureau Romer Johnson American Fruit Growers Inc Don Anderson California Fruit Growers Exchange Floyd BD. Young U.S Mississippi Young

Commodity Price Index Climbs Across Week

Wholesale prices gained slightly after a sharp drop last week, rising to 194.20 from 193.77, with 205.69 a year ago. The livestock group hit a 1951 low as cattle and lamb values eased, while other groups rose except nonferrous metals.

New York Associated Press

Hudson Price Increases Under Capehart Amendment Approved

Washington reports OPS authorized nearly 5 percent price boosts for Hudson autos amid Capehart amendment use. Retail car prices could rise $90 to $145, with company wholesale hikes at 4.891 percent. Automakers including GM Ford Studebaker Kaiser-Frazer and Chrysler discussed or filed ceilings, aiming to reflect rising costs since Korea conflict began.

Washington UPI Hudson Office of Price Stabilization OPS Chrysler Capehart R-Ind Trushan Korea Kaiser-Frazer Ford Studebaker General Motors

Vandals Spoil Roosevelt School Christmas Parties

In Elizabeth New Jersey on December 22 vandals spoiled four Roosevelt School classes Christmas events for 115 children. More than 160 gifts were stolen ahead of distribution, gift wrappings lay scattered, desks were ransacked, and 15 pounds of candy for 40 kindergarten pupils disappeared.

Elizabeth N. J Theodore Roosevelt

Cotton Market Faces Erratic Trade and Holiday Pause

Cotton futures chart an uneven trend as holiday constraints limit volume. Prices slipped through the day with Friday’s liquidation trend continuing, hedge activity rising while an attempted rally faded quickly. Futures settled 26 cents lower to 30 cents higher than the prior close.

Futuret

Dividends Declared by Southern California Edison and Others

Southern California Edison directors declare regular quarterly dividend of 50 cents per common share payable January 31 with record January 5. Additional dividends include 28 cents on 4.48% preferred and 28.44 cents on 4.36% preferred, payable January 31. Other dividends announced for various companies and stocks appear in the list with payment dates and record dates.

Southern California Edison Co Benrusateh Townsend Whiger Seawire Alan W

Market News Summary of Prices and Stocks

The report lists wholesale price movements for numerous commodities and stocks across markets. It notes a decline in the weighted wholesale price index to 194.38, with various items like poultry, eggs, and metals showing mixed changes. Prices for specific firms and products are cited, highlighting fluctuations in commodities and securities for investors.

Pedara Eirads Cartan Akhe Alse Grada A STARR Aviadep Lee Bond Staltera Wugat Bullock Petrar Specular Roasters Comets Biz Isa39 Agricul Blite Wetgats Sun Rman Renoits Getee Amr ‘Duchesa Faung Bens al Qnvest Twe Associates Ratto Aoe Usg Fidel

Markets at a Glance Dec 22 11am

Markets at a Glance reports mixed trading in New York with bonds irregular and slight changes. Wheat steady after early loss. fuel and other commodities show modest movements. cattle and hogs remain nominally steady.

York

VESSELS ARRIVING AND DEPARTING AT PORT

Maritime column lists arriving vessels with berths and liners, including San Frau, Coos Bay, Brooklyn, Las Vegas, and Havana routes. It notes departures and scheduled arrivals, with agent names and berth details for the day and tomorrow.

Froneiavinie (Or Sea Frejavenere Line Basin Hayel'n Lumberman Brooklyn Amerctinwn Bap Iran Las Vegan Nustory Ane Banevan Tethinise Hourton Frealdent Harding New York Ratero Ray Tas Texan Co Hogstero Bey Tomoreow Oyeratoe Ae Agente Ja Sais Fortag Nay San Frau Luemeriady Las A Rainier Statnier Oliver Olan Coos Bay Bardon Banta Paula Ques Oveum Ban Diego Wesleyan Victory Sam Fram eHaw Brooklyn Beeth Darango George An

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