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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Jan 22, 1954
Page
17
The London stock market showed a modest rise with the daily index up 0.6 percent. Reporting figures include values near 285.85 to 295.79, with highs and lows around 200.32 and 90.56 amid varied shares and bond activity.
The stock market rose today on broad support from aircraft and railroad stocks. Douglas Aircraft led the advance pushing well above the rest, while rail issues recovered after a brief dip. Volume neared 1,800, with defense funding news boosting air stocks and overall market sentiment.
American Stock Exchange trading was irregular and moderate with steels and motors active, oils firm, and chemicals mixed. Corporate bonds advanced broadly while government bonds stayed steady. convertible issues varied. German dollar bonds moved quietly. Railroads utilities and industrials made progress in moderat e trading. High yield bonds showed strong demand.
Chicago livestock and grain markets show mixed results with hogs down modestly while cattle and lamb values hold. Soybeans and corn trade uneven as futures edge higher or lower in thin activity. wheat quotes slip amid broad market volatility.
Long Beach Boat and Ski Club Ivorgate proposes a $30000 yearly budget and a parade in a town lawn at 6:30 p.m. A new Safety Council is to be formed with Clarence Burts as coast representative. The event features young skiers, local club members, and a convertible display as the procession moves from Ocean to Locust and along Ocean and Pacific Coast Highway.
The Lakewood steering committee of the newly formed Co ordinating Council will meet Tuesday at 5 pm at the home of Bes Douglass Gilford 6012 Warwood Po to discuss council projects. Members include William H Reed Mrs Ann Howe co chair Bob Bark Mrs Ken Phillips George Nye Mrs Gifford and Henry Fy. Click. m 22 Lake-!
Sabbath services in Temple Israel will be held tonight at NS 15 when Rabbi L Elliot Gran speak on The Amazing Incident at Carsons Corners. A social hour will follow the service.
The Past Noble Grands Club of Del Mac Rebekah Lodge No. 275 will meet Wednesday at 12 29 p m in Machinists Hall 728 Elm Ave Visiting Past Noble Grands are invited to attend.
Treasury figures show a balance of 3,590,622,686,295 cents and a deficit of 769,206.18 dollars for the period ending January 20, 1884. Receipts and expenditures are listed with miscellaneous figures including total outlays around 24,087,126,781.8 dollars and a budpet deficit noted in the document.
The Pennsylvania State Society will elect officers at 7 39 p m Tuesday in Colonial Hall located at 16th Street and Locust Avenue A For Rent vacancies are listed in the paper call 6071 for more information
A 68 year old widow, Alma H Clever, thwarted two young thieves attempting to steal her purse near 415 Gaviota Ave. One attacker bumped her from behind while the other, about 18, tried to snatch the bag. She held on and yelled, sending the pair fleeing as reported to police.
The Ohio State Society of Long Beach will meet Saturday at 6 30 p m in Silverado Park clayhouse with Mrs Minnie Burns as president. A program dancing and cares will follow.
A rummage sale will be conducted at 146 West Third Street Monday under the auspices of the Anvers Auxiliary to Post 13, auxiliary officials announced today.
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