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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
Feb 15, 1955
Page
17
New York notes a general market rise with some stocks showing strong late gains. After a cautious open the averages moved higher with many issues gaining 1 to 3 points while losses stayed light and several names rose in late trading.
The New York Stock Exchange reported gains across major indices as trading concluded. Leaders included prominent blue chips while several sectors posted modest advances amid steady trading volumes and investor optimism.
The American Stock Exchange and major equities showed uneven rises with General Electric lifting early then retreating after disclosures of large lab diameters. General Dynamics climbed about eight points as Vought aircraft rose amid strong demand, while the tape reflected varied gains across industrials and utilities in a light trading day.
Fragmented OCR lists closing prices and ticker fragments for Kresge, Kress, Gita, Cats, and other entities. Several names appear garbled amid references to market figures, with partial mentions of companies like Diamond and Gladding LeBeas.
Grain and commodity prices show volatility with oats corn and soy futures trading on the Board of Trade. Market notes reference Dow Chemical and other firms, receipts and cash contracts, and overall price trends through the day in Chicago and related markets.
The report outlines stock quotes and market activity in Los Angeles with price levels for banks, oils, and consumer goods. It notes varied gains and losses, dividend mentions, and references to notable companies such as Lockheed, Goodyear, and General Electric, highlighting overall market steadiness and notable price ranges.
Markets at a Glance highlights irregular bonds and government cave as cotton liquidation hedging wanes. Wheat and corn show fit Giats and Hoge-Eu with prices steady but weak. Snail cash grain receipts aided by earnings strength, with some steady declines around 11.85 in the notes.
The report details fluctuating cattle and hog prices across markets with bids and sales. Prime steers and choice grades show strength while softer categories and heifers move weaker. sheep and lambs also reflect steady to modest demand across regions.
Market notes from Great Britain and Canada with New York rates quoted. The text lists various currencies with fractional changes and general movement across the European and global markets, including the dollar and yen, in a highly garbled OCR style.
California investors are urged to request a booklet on Mutual Investment Funds offering varied monthly income through full-time preferred management. No obligation, mail the booklet to the address provided in Los Angeles.
The Temple City Kiwanis Club finally disposed of $2,600 in dimes after the bank refused the coins glued to tape on sidewalks for the March of Dimes. Volunteers had to boil the money in detergent and vinegar before bank and government acceptance.
Partial Treasury report from early February 1958 shows cash on hand and deposits with withdrawals for the fiscal year. Figures indicate a balance around 54.78 billion with deposits and deficits noted, including statutory allocations. The text is garbled but centers on annual cash and debt figures for the Treasury.
Wholesale and commodities prices show a lean, uncertain trend with slight moves across staples. Figures indicate mixed changes and index readings suggesting modest aging or standardization, with references to 100 baseline adjustments amid fluctuating market signals.
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