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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Jan 13, 1956
Page
13
Fragments show Dow Jones averages and sector breakdowns with numbers for utilities, stocks, industrials and railings. Listed figures include opening and closing values and changes, but the OCR text is garbled and some entries are unreadable.
Market advanced today with rails and chemicals in demand though the overall session faded from its best late afternoon. Volume was moderate at 2,200,000 shares. rails and chemicals led major divisions but strength remained limited as other sectors fell with layoffs at General Motors and Chrysler.
Grain traders report US wheat futures up as soybeans gain on demand and weather signals in the southwest. Prices show modest rises in Chicago and scattered gains in export markets with January soy and wheat futures posting higher closes despite mixed regional factors.
New York and London traders faced volatile sessions as mixed results from U S exchanges and European markets painted a cautious tone. Dow and NYSE activity showed gains in some sectors while others slid, with heavy attention on foreign exchange moves and bond performance.
New York markets show mixed activity with declines in some stocks and gains in others. Analysts note volatility as technology and energy sectors move in tandem, with traders watching inflation signals and policy guidance for clues on future direction.
Directors of Hancock Oil Co announce the semi annual dividend on two classes of common stock. A 62 percent cent per share dividend on preferred stock is payable April 30 to holders of record April 12. On Class A and Class B common stock, a 14 cent per share dividend is payable February 29 to holders of record December 10.
New York UK cotton futures showed mixed movement with slight gains and losses as traders weighed export prospects. The Agriculture Department reported CCC export watch at 222.87 bales, price ranges around 25.50 to 25.02 cents per pound, and afternoon quotes near 51.05 lower than prior close with several adjustments across contracts.
Ossining N Y Wilre lam Byers 19 died in the chair at Sing Sing Thursday night for the murder of his girlfriend s mother Theresa Gresh 43 was mother to a 13 year old girl at the time of the March 1954 crime Byers convicted of first degree murder Gresh sentenced to life imprisonment or the maximum term current article notes price trends and miscellaneous items from the era
Treasury figures show cash position contrasts with prior period. Totals include fiscal year draws and deficits, with figures around 38 billion for the year and hundreds of millions in year-end values. Data references include draws, receipts, obligations, and net position, though some numbers appear truncated in the OCR.
No usable information. fragmentary OCR text provides no clear event or entities to summarize into a coherent news item.
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