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This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Dec 24, 1953
Page
13
DOW JONES AVERAGES compiled by B F Bttons Co show mixed results for Thursday 1953 with indices listed around 293.7 and 95.22, while London Stocks Average in The Financial Times closes higher at 130.0 up 6.2, reflecting gains across major issues.
New York trading showed a calm pre holiday session with most prices slightly higher on the American and railroads lifting the corporate list. Volume ran about 1.2 million shares as markets across the U S and Canada closed early for the holiday, leaving the NYSE and AMEX in a subdued fall session.
Holiday market schedules show U S exchanges and commodity markets closing for December 25 and 26 and January 1 and 2. The New York Stock Exchange stays open Dec 24 and Dec 31, while commodity markets in New York Chicago and New Orleans Cotton Exchange run half days Dec 24 and Dec 31. Winnipeg grain market clocks short sessions Dec 24 and 31. Toronto and Montreal bourses noon Dec 24 and full Dec 31. London Exchange closes Dec 25 opens Dec 24 and Jan 1.
Grain prices rose as wheat and corn climbed amid covering by shorts during the holiday period. Cattle and hogs also firmed with hogs reaching new high levels while feeders showed mixed results in Chicago and New York, reflecting healthier demand and tighter supplies.
A home-made bomb exploded in Casablanca Central Market amid last minute holiday shopping killing at least 26 people and wounding 24 or more. Police say the blast, blamed on Arab terrorists protesting French rule, may have a rising death toll.
A garbled OCR fragment references over the counter securities and a list of initials, lacking readable names, dates, or concrete actions. The text offers no clear event, party, or deadline to summarize into a complete item.
In Baltimore Joseph Rosenberg was jostled on a bus by two thieves who used a push and a rear shoving maneuver to crowd him forward. He later found his wallet missing containing $335 intended for Christmas gifts, the victim described as part of a "human sandwich" theft.
Vivian J. Kellems, noted tool inventor and sister of Edgar Eugene Kellems, dies at 53 in Connecticut. His cable-crimping device revolutionized industry. his sister held the patent and produced the implements. May reflect on impact of his work on manufacturing and technology.
Industrialist Henry J. Kaiser said in a press statement that a high volume of savings and a backlog of wants suggest 1954 will be a good business year. He noted relief from shortages of basic materials and easing controls as key factors, with the backlog of wants considered the greatest support to the economy.
An unclear OCR fragment lists various personal names, dates, and numbers with no coherent event. The text appears garbled, lacking a readable narrative, context, or identifiable entities to summarize into a proper news item.
Judge James F. Nangle grants Dr. William Andrew Moore general custody of their 3-year-old daughter Elicm Nelga. The mother Hilga Tise Kraus Moore receives custody on alternate weekends and holidays and for a month in summer if she posts bond guaranteeing she won’t take the child behind the Communist Iron Curtain. The case cites fears of Russian domination and the child’s exposure to Austria’s Russian sector. Moore testified the wife took the child to Austria for over a year after desertion.
Dr. Robert A. Millikan renowned physicist and Nobel laureate was entombed with Gutzon Borglum and Cartle Jacobs Bond. Funeral services were held Wednesday at Forest Lawn Memorial Park with Rev. Curtis Beach delivering the benediction. Millikan, aged 35, long led California Institute of Technology in Pasadena.
Three New York heart specialists from Mount Sinai Hospital report in JAMA that overweight status strongly correlates with heart disease and hypertension in men but shows little difference in women. The study of 1000 patients questions obesity as a driver of coronary disease in women and notes no obvious sex-based reason for the discrepancy. Doctors Arthur M. Master Harry L. Jaffee and Kenneth Chesky led the work.
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