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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Dec 30, 1954
Page
13
In a 1954 Thursday notation from press services the Dow Jones averages show varied signs with highs lows and trading figures partially legible. The fragmentary data references entities such as rail stocks and general market indicators though the full values and context are unclear.
The report lists today’s closing prices on the New York Stock Exchange with summary figures across major stocks. Key listings show notable gains and losses, with market leaders and laggards contributing to the overall session.
The New York and Canadian markets will open Friday with reduced hours. U S and Canadian grain markets, New Orleans cotton exchanges, and commodity markets will operate only for a half day. Early closures affect New York and Novice wise listings with key sessions disrupted.
New York cotton futures show steady to firmer tones amid hedging and liquidation pressure as spot prices drift away from year end. March and May contracts edge higher while December and July months retreat. Treasury figures released show mixed fiscal data and ongoing deferrals.
George Menuly aged 62 died Wednesday night in a local hospital after a long career as a printer and newsroom staffer. He worked for the Des Moines Register and Tribune, the Press Telegram, and served eight years in the Navy during World War II. He was born in Montezuma, Iowa, and is survived by his wife Andel Pelle and daughter Adah Rae Kinkead. Funeral arrangements will be announced by Motiall's and Perle Moruar.
The market traded mixed with gains around four points and small losses, as volume held around 4,000,000 shares. Early strength faded, then improved in late trading, with rails and metals lifting the index while profit-taking persisted after recent strong markets.
Hay price notes are brief and unclear with partial names and places. Readable fragments reference STF Ft col TB and two for one offers, but essential details are missing. The item appears to be a rural market notice with incomplete pricing and sellers.
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