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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Jan 06, 1951
Page
4
The page lists Dow Jones averages for 1950 51 with highs, lows, closes and daily changes across groups including Industrials and Utilities. Details show numeric values for High Low Close and Change, but the OCR result is garbled in parts, leaving some figures unclear. The overall takeaway is performance snapshots of major indices during the period.
Market finished firm after late buying in autos but broad weakness lingered. Steels, motors, and rails led a quiet session with about 1.2 million shares traded. many leaders held, while U S Steel and Chrysler lagged. Higher names included General Electric and International Nickel. bond market mixed and quiet with some middle-price offerings.
New York January 6 UPI The Associated Press wholesale price index rose for the twelfth consecutive week to 208.12 from 207.64, with a year ago 160.54. The base year is 1826 with 100. Four groups reached new 1950 51 highs livestock grains cotton textiles and nonferrous metals. The food component rose while the industrials declined.
In Los Angeles the Federal Statistics Market News notes varied prices for butter eggs and poultry. The report lists Grade A eggs fresh and measures weights with several brands and producers mentioned. It highlights consumer guidance and market movement for dairy and poultry products.
A report summarizes a dividend declaration by National Airlines and a flurry of stock, grain, and cotton market updates across New York Chicago and other hubs. It notes dividend details, earnings, and various price movements amid broader market conditions and policy discussions.
The market describes calf, veal, stocker and feeder activity with price ranges and weights. It notes strong to mostly steady demand, with higher bids for prime stock and commercial grades. Regional buyers and varied lots appear, including dairy and meat cattle, veal, and feeder calves.
A dense market update notes cattle and lamb price shifts with notes on fees and packs. It cites price gains of 50 cents to 1 dollar, mentions bulk lambs and sheep figures, and records daily totals, including ex-div details and regional buyer activity shaping the week’s trading.
Vessels arriving and due today are listed with berth, operator, and agent details. Entries include multiple names, origins, and arrival dates such as Portland, Galveston, and New York, with several companies like Indefinite Solna and Imperial G. Co. noted among the fleet. Also shown are vessels due tomorrow and active port entries with berths, lines, and destinations.
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