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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Feb 21, 1955
Page
19
The page notes Dow Jones and London Stock Exchange summaries with figures for a Monday session in 1954 55, including closing values and intraday highs and lows. The text is garbled but references index levels and stock movements in the U S and U K markets.
Rails and chemicals paced the market higher in late afternoon trading amid about 2.8 million shares. Aircrafts, distillers, radio and motion picture stocks rose while steels, motors and oils were mixed. Utilities held steady as market activity slowed. exchanges will be closed Tuesday for Washington's Birthday. Long-term Treasuries fell in OTC trading amid irregular corporate bond moves.
A livestock market update notes steady to mixed animal prices across cattle hogs and sheep. Highlights include steady sows 20 to 25 dollars, feeder steers around 24,00, commercial and good steers near 16, bulls up to 18, and veals mostly 12 to 15 with limited supply of quality lambs and mutton.
Today on the New York Stock Exchange and American Stock Exchange analysts show closing prices and market activity. The report lists numerous tickers, prices, and notable movers across sectors, including energy, metals, rail, and consumer stocks, with a final tally of total sales and comparative figures from the prior day.
A dense Los Angeles stock and grain market column shows figures across insurance stocks and major equities. It lists firms like Magnavox, Kaiser Motors, and Silsbee, with price ranges, dividends, and notable shifts while noting general market behavior and closing conditions for the day.
U S finance and commodity markets nationwide will be closed on Tuesday Feb 22 for Washington's Birthday. Some live stock reports will be collected by the Department of Agriculture. Canadian and European markets will operate as usual.
Treasury report dated February 1954 records balances and totals for the fiscal year. Noting obligations and debt totals, it includes figures such as $278,406,652.56 and $97,898,651,556.70, with a line indicating debt not well defined and subject to statutory limit.
The Aspectator Press wholesale price index for commodities declined to 174.37 for the day and 310.35 for the week while monthly and yearly figures show 179.42 and 173.14 respectively. The note indicates a 19 percent last tag and references figures 38 W055 and 89.34 as age equals 100.
The New York cotton market showed irregular trading as March deliveries and near positions shaped activity. Prices wandered with gains and losses across futures, with May and July bids quoted and fluctuations in daily highs and lows.
The Kogan Maru, a 7,077 ton repatriation vessel, sailed from Tangkui in Red China today with 949 Japanese nationals aboard. Kyodo News reported the departure and planned arrival back in Japan.
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