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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
Jan 18, 1955
Page
17
The market reversed Monday’s drop as gains ranged from 3 to 4 points with few losses. Volume neared 3.1 million shares as aircraft stocks led advances. The rally coincided with a new Chinese attack on a disputed island near the mainland.
Illinois and Chicago grain desks report declines across major staples. Wheat faced persistent selling pressure amid mild Midwest weather and conservation notes, while corn softened slightly and soybeans showed firming tendencies in early trading. Overnight activity reflected cautious sentiment as traders awaited clearer signals on demand.
Mixed early trading gave way to a vigorous broad advance led by steels aircrafts and railroads as buyers returned to the tape. The American and American Stock Exchanges posted gains with Treasury bonds firming and corporate bonds drifting lower while orange and citrus prices featured in a separate market note.
A fragmented market update shows limited trading in Los Angeles stocks with mentions of General Motors and other companies. The report notes prices, dates, and values in a terse financial brief style, reflecting a calm session with minor fluctuations and sparse details.
A dense OCR of market items shows dividends, insurance stocks, and multiple company references. The text lists prices, bonds, farmers, cattle and stock quotations, and various firm names such as Pacific and Mercury, with scattered figures and dates, reflecting a busy financial page.
An incomplete Treasury report fragment shows figures like 3,900 and 72,058.58 alongside 275,603 totals and various garbled terms. The text lacks clear structure, dates, or named entities beyond generic financial terms.
A brief local item notes a tidied office corner at the intersection of Wilshire and Hope in Pasadena near the 204d Fiat Tuntidy address with a reference to the 714 Security Blog.
A brief price trend shows staples wholesale index dropping from 114.85 to 111.98 with recent data. The report notes a continued decline versus the previous day and indicates an ongoing adjustment in the market.
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