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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Feb 12, 1954
Page
17
The Times reports the London stocks average at 1574, down 13 points amid a broad market pull. Major movers included leading names as traders reassessed shares and sector totals in a cautious session.
A brisk session saw New York Central rise sharply as a proxy battle for control fueled volume about 15 percent of daily NYSE turnover. Overall trading was light due to a Lincoln's Birthday weekend, with about 1.6 million shares changing hands and broad market quietness across rails utilities and foreign bonds.
A late era livestock market notes varied hog prices around 25 to 28 cents per pound with some lots trading near 240 to 250 dollars and buyers showing broad interest in cattle and sheep. Cattle offerings include yearlings and good bulls with steady to firm tendencies, while market tone reflects mixed demand for sheep and goats.
Jacksonville report states Jackie Cooper and his estranged wife Hildy may finalize a divorce within days. Attorney Edgar Waybright says Hildy Cooper is not expected to contest, with grounds listed as mental cruelty. They wed March 28 1950 and separated December 8 1951. no children. Cooper resides in Palm Beach actors. she lives in New York as his second wife.
A report from Los Angeles details the deaths of two young girls from pill overdoses. Doris Holt, 5, of Highland Park, reportedly ingested 98 laxative pills, while Kathleen Smith, 5 months, of Van Nuys, died from an aspirin overdose. Authorities confirmed the incidents as accidental overdoses.
Taipeh city officials announced steps to curb the wasteful practice of sacrificing slaughtered pigs to Buddhist and Taoist gods. The new decree requires all hogs to be beheaded before sale, aiming to end temple sacrifices and redirect pigs to the meat market.
California Senator Knowland with Eisenhower and Nixon urged temperate language in Republican critique of Democrats. He warned against blanket attacks yet criticized poor administration, planning further remarks at a Lincoln Day speech in St Louis. Nixon urged responsible, non-discriminatory talk on communism as party leaders sharpen their line.
Fragmentary Treasury report data shows budget receipts and expenditures with scattered figures. The garbled text references fiscal year totals, assets, and deficiencies but lacks coherent details or complete values.
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