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Long Beach Press Telegram in Long Beach, California

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This newspaper page contains 8 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 23, 1952

Page

4

Drug Firm Stock Up Sharply and Market Rebounds

NEW YORK February 23. R P Squibb the pharmaceutical house with antitubercular agents rose strongly at the open and then eased some gains as buying persisted after the George Washington holiday. The market led by railroads and oils also advanced with broadly higher prices across exchanges and firm volume around 600000 shares. Credit concerns faded as traders believed the midweek decline oversold the market and curb stocks showed gains including several petroleum and oil issues.

New York PE. R. Squibb Squibb George Washington Squibbs Worthern Pacific Standard Oil N. J Curb Exchange Aspinook Canadian Maroon Consolidated Mining& Smelting Creole Petroleum Pressed Metals Ryan Consolidated Petroleum Savoy Ol Trains Empire Olis

Commodity Price Index Declines Across Mills Week

NEW YORK February 23 wholesale commodity prices as measured by the Associated Press index fell for the fourth straight week. The 1926 base index stood at 188.24 versus 188.41 the prior weekend and 214.12 a year ago. Industrials livestock and textiles led declines while food and grains and cotton rose modestly.

New York Associated Press Washington Iindustrials Texa

Railroads Plan $2 Billion Outlay

Washington February 23 railroads may spend 2.18 billion dollars in the next two years for freight cars and locomotives if earnings permit and materials are available. William T. Farley president of the Association of American Railroads told the Interstate Commerce Commission that 200000 new freight cars and 3465 new locomotives will be needed. Farley testified for a request of a full 15 percent freight rate increase or 9 percent in the east and 6 percent in the south and west already granted last August.

Washington William T. Farley Association of American Railroads Interstate Commerce Commission Fariey ICC

Grain Markets Show Decline Amid Stale Trade News

Grain markets in New York show a cautious tone amid a sharp drop in prices. Corn weakening on light demand, wheat under pressure from oversupply, with modest premium costs noted for hay contracts while fortunes shift for other staples.

Ecco Board of Trade Acorn Secuce Santa Bollaye

Tomey Stock Exchange Transactions and Selected Earnings

A summary of Tomey New York Stock Exchange transactions and selected earnings across multiple firms. The report lists company names, year figures, and per share values, including German-controlled firms, Canadian papers, and American manufacturers, with mixed results and notable declines in some sectors.

Tomey New York Stock Exchange

Indonesia Ready to Ship Tin Again to Las

Indonesia was reported ready to resume tin shipments to the United States at an asking price of 1.71 and a half cents per pound with a possible raise after this year. The Reconstruction Finance Corporation halted Indonesian purchases when prices rose last March. Cotton markets in New Orleans and New York were closed for a Saturday holiday, with New Orleans undecided on future Saturdays.

Indonesia Washington U. S Reconstruction Finance Corporation New Orleans New York

Investment Funds and Market Notes Amid Turbulent Rates

A compact summary of investment funds activity, including references to Furnienet and Nateas ascent, Seraritian Dealerz, and various paper and aviation sectors. It notes fluctuating prices, yield signals around 13.481 and 13.58 figures, and mentions mining, yarn, and transportation elements within a volatile financial backdrop.

Furnienet Og Nateas Ascdance Oh Seraritian Dealerz Smt el Yungame Stesiam Bus & Sie UH Rae R Ara Ge Aviation Nism Nares

Vessels Arriving and Departing At Seaport

Readable ship entries list vessels arriving and departing with names such as Victory, Hemaleas Ze, Pacuer ist, and Yokohama. Mentions include freighters Reedgpert and Fre e-Treder, with several port calls and tonnage notes. The item documents a schedule of ships due tomorrow and in port, indicating maritime activity and transit timing.

Re Bay Gublens Ave Orand John Goode Seattia Hadone Victory Pee Pea Ayoaset The Fertland ARAVA Aes Reedgpert David Oe Axe Wit Haste Ruwaias Pacuer Hemaleas Ze Steree Mecalulu Brooklyn

Also Mentioned on This Page

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