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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Feb 11, 1955
Page
17
Today's closing prices show overall activity on the Dow Jones averages and NYSE transactions. Market movement reflects shifts across major sectors as investors react to broader economic cues and company-specific results.
Market trends show a mixed session with some sectors higher while others slip. Industrials bounce modestly with cautious gains as government bond activity and corporate sums blend into a uneven market. several blue chips and railroads are listed among notable movements.
New York and Chicago items report uneven stock action with gains of 1 to 6 points on several issues. General Dynamics and other names show modest rises while some blue chips slip. Volume estimated near three million shares with mixed advances and some backw ard moves across the market.
Los Angeles market notes report mixed activity across stocks and commodities with wheat prices fluctuating and gains seen in certain oil and gas issues. Key names include Pac Gas & Electric, Occidental Petroleum, and Kern County land stock, with overall totals showing modest daily volume and mixed futures signals as traders assess demand and supply trends.
Grain market notes show mixed moves as soybeans slip on weak data while corn and wheat ease. Prices drift with regional crops, harvest timing, and distant shipping costs. traders eye futures on Chicago cash quotes and seasonal demand.
A scanned page fragment shows building permit activity and contractor listings. It notes minute values and yearly totals, with multiple entries for duplexes, family apartments, additions, and new structures by various builders and firms. Names include Polterin, Ward, Ralph Whitney, and R.A. Ranegil, among others, with dollar amounts and locations referenced.
Two Coast Guardsmen in a small boat pulled a collie named Bonnie from an ice floe in Diversey Harbor after four hours in below freezing weather. The dog had been missing since Monday and was spotted by police near the ice. Bonnie, seven, was reunited with owner Miss Maralyn Woodworth after failing to reach shore.
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