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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Jun 07, 1954
Page
17
A terse clipping lists Dow Jones averages with figures for various sectors and indices. It includes numbers for utilities bonds rails industrials and a 30 stock group, along with highs and lows referenced by coded annotations. The text mirrors a newspaper market widget showing daily close values and sector tags. The exact figures are partially garbled but indicate a typical daily market brief.
New York stocks opened strong but drifted to a mixed close in thin afternoon trading. Volume was about 2.6 million shares, among the slower days this year, with changes in either direction modest and few prices moving past small thresholds.
An irregular Chicago livestock market reports steady to weaker prices for hogs and cattle with quotes around the 25 to 26 dollar range for select cattle. Lambs and vealers show declines with overall demand softening as bulk buyers and butchers adjust bids. sheep and cows move mixed, Canada beef and dairy trades noted, while citrus and other commodities forecasts appear in market wrap.
Closing prices on the New York Stock Exchange for today show varied movements across major stocks with notable gains and losses. Traders followed industry shifts as energy and tech sectors influenced the day’s overall market direction.
American Stock Exchange notes scattered results with Activity in Beeson and Pioneer shares. Ordinary traders report varied closing levels though overall market sentiment remains cautious amid price shifts in key commodities and financials.
The page surveys grain, currency, and commodity markets with quotes on No. 2 wheat, soybeans, and cotton, plus foreign exchange in New York. It notes varied prices, dividend-like movements, and unsettled trading, with references to Argentina Mexico and Switzerland. A Treasury report highlights June figures and holdings.
In Shafter California two 2 year old boys carried a two gallon gasoline can into a car and shut the windows. A neighbor found them unconscious and a resuscitation team revived them. Constable Blake Witcher said the boys admitted they liked the smell of gasoline.
Two American professors opened a hiveweek seminar on Anglo American law for Korean attorneys in Seoul. Dr Robert G Storey dean of the Southern Methodist University law school and Dr Herman Hall of Indiana University arrived Saturday at the invitation of the South Korean government.
Andrew County residents plan a picnic at Syce near U S Grove in Los Angeles dates unclear as a long list of names and distant places appear. A broader national note mentions CPA McClaughry and wife, while Trinidad Colorado notes cattle industry inspection and a London market holiday.
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