Market Averages Drift As Industrials Rise Tuesday
The Dow Jones averages show mixed action with futures and indices reflecting a Tuesday close. Industrials edge higher around 1. ".
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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Jan 15, 1957
Page
11
The Dow Jones averages show mixed action with futures and indices reflecting a Tuesday close. Industrials edge higher around 1. ".
Steels led a broad market drop as trading extended lower in New York, with motors and metals also under pressure. Only a handful of issues managed small gains while steel declines alarmed investors amid fears of waning demand.
A report notes the Devere Reserve Board weighing new steps to restrict credit amid market jitters. Stocks such as General Motors, Ford, Chrysler and Gulf Oil moved lower while other major names including American Telephone, Standard Oil New Jersey and International Nickel saw declines. list of losers includes several large industrials and utilities.
The New York Stock Exchange reported today's closing prices across major sectors. Trading activity remained steady as investors digested corporate earnings and economic data.
U.S. and international markets show mixed moves with slight declines in some stocks while energy and sugar prices fluctuate. The report notes commodity price movements, bond activity, and treasury outlook, with financial figures and notable quotes from traders and institutions.
Fragmentary OCR text references bond market activity in New York with garbled phrases and stray numbers. The readable bits mention dates, percentages, and company names but lack coherent events or outcomes to summarize meaningfully.
The State Board of Public Works in Sacramento approved an allocation of 873,000 for construction costs of a mass building at Long Beach State College and 40,200 for additional costs at the Los Angeles County Fairgrounds. Cotton futures were steady amid slow market activity and hopes for fresh incentives.
Market notes list new arrivals including Mint 4 aevale Gurlat and Pn BPH Gyo with Obes a Perea and a mention of a 4? boy in the lineup. Unclear details due to garbled OCR.
A chaotic OCR tale lists multiple building permits with names, addresses, and dollar values. It mentions contractors such as Lyman Mazi and Joe Danlvsal, sums like 514,440 and 520,900, and adds notes on additions, heating, and contracting conditions across various properties and locations.
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