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This newspaper page contains 12 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 25, 1953
Page
16
New York markets opened with little change on Christmas Eve trading. Foreign exchange quotes show minor shifts with the U S dollar steady against several currencies, including British pound and Swiss franc, while European currencies largely held firm.
The report covers citrus market quotes, livestock and meat prices, and various commodities. It notes holiday mood trading on U S markets, small gains on the American and New York exchanges, and a generally dull session with light volume across sectors.
German engineer Karl Wertens and the German navy unveil a nine meter flying boat with 70 kmh top speed driven by an eight cylinder 163 horsepower Chrysler engine. The craft lifts from water at 22 miles mph, reaches 35 miles mph in flight, and can turn sharply at 55 kmh. Previous German experiments include a 1952 model that once hit 75 mph but now lies in Plymouth harbor.
Industrialist Henry J. Kaiser stated in a press release that 1954 will be a good business year due to high savings and continued backing of wants. He foresees freedom from shortages of basic materials and from hampering controls, noting the backlog of wants as the greatest support factor in the economy.
Edgar Eugene Kellems, brother of inventor Vivian Kellems, dies in Connecticut. He specialized in tool invention and helped develop the cable grip manufactured by his sister. Details on date and funeral plans not provided.
Archaeologists report a tall slender woman skull from Iran dated to the last ice age. Descriptions call her an Amazon-like early human, with skull size 100 cubic centimeters larger than today's average. Nearby skulls and tools suggest primitive hunter gatherers.
Vague OCR text shows figures including 62 cents and 01.25 dates and a reference to refrigerators. Mentions Bena Sirtaa ve Nanas me Murraya of America with several month terms and a $249 amount. No clear full item or outcome.
In Rochester a worker named Walter Ringwood can gauge the temperature of molten gold alloys around 2000 degrees Fahrenheit by color alone. His orange red hues indicate heat, with specific red orange mixes signaling the alloy is ready. A precision pyrometer confirms his estimates, though it is not used consistently due to practicality.
Grain market shows mixed activity as pre war Germany pace affects trade. Red variety leads gains while soybeans and wheat rise on Chicago exchanges amid thin volume. prices hover around 35 cents for January futures with modest fluctuations across commodities.
CHAPEL HILL NC A UNC professor claims to solve the 20 month gap in John Paul Jones life after Feb 1774. Archibald Henderson alleges Jones fled incognito for 20 months due to alleged crew disputes at Tobago and England, with later deaths on two ships tied to the incidents. He says a name Jones used may be identified but awaits corroboration.
Markets at a Glance notes price movements and sentiment across key sectors. It mentions Birra onset and Chillimar indicators, with implied expectations for daily trading and a broad sense of market direction.
A Portland man, Arthur Candistos, was stopped by a stranger who flashed a 31 bill and claimed his charity needed 68 cents to reach Portsmouth. Candistos lent the money but later realized the same man used the bill to swindle another victim with the same tale.
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