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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Jun 21, 1954
Page
17
The Daily index shows the Times market page reporting a higher London session with the Dow Jones averages up 1.8 percent. Key stocks led by industrials and financials push gains as traders monitor global cues and currency moves.
Long list of cattle and hog market prices from New York and Los Angeles exchanges. Prices show steers, heifers, bulls, cows, and feeders with ranges for prime and utility grades, plus sales receipts and overall market activity. Strong entities include New York Stock Exchange and Los Angeles markets with price figures like 23.25 to 24.25 and 27.60 to 28.26 per hundredweight.
A wide array of commodity and financial prices are listed including butter eggs poultry and grain markets. The document notes opening prices, bid asks and closing figures across multiple items with emphasis on dairy products and farm supplies. It also includes stock and bond listings with quotations and summaries of market activity.
Tokyo reports sharp drop in imports exceeding exports as the government urges citizens to tighten belts. The economic ministry cites the deterioration of the global trade balance and calls for austerity living to boost exports, amid a broader market downturn affecting stocks and commodities.
Incoming City Council described as sports minded by Ger ald Desmond councilmen-elect and Recreation Commission president. At least six members are recreation minded as playground directors prepare a 10 week summer recreation program opening June 28. Desmond spoke at the auditorium. introduced by Walter I. Scott. Directors began five days of institute workshop sessions to learn program details.
A clipped line lists Beach and C. Oh with the date Monday June 21 1954 in a brief item from the PRESS TELEGRAM page E3, reflecting a localized note or caption in the era’s newspaper layout.
New York trading held an irregular course with small price shifts overall and a moderate 1.5 million shares. Motors and steels led gains while radio, utilities, chemicals, tobacco, rail and oil declined. bonds steady as government issues remained unchanged.
Market notes show a mixed session with wheat firm on strength and steady oats. Hogs edged higher while hedging and bonds held steady amid a cautious tone. Nearby prices and futures drift as traders digest late data and local price cues.
Jon Dyés, among Jordan High School graduates, is honored by Phila Kappa Assi of Long Beach. The Sunday paper misspelled his name as Dyés.
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