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Long Beach Press Telegram in Long Beach, California

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Newspaper

Long Beach Press Telegram

Location

Long Beach, California, United States of America

Date

Jun 22, 1951

Page

20

Stock Leaders Drop and Volume Rises in Weak Market

New York June 22. Brices were low in spirits as the stock market showed weakness with losses in major groups. Trading volume expanded to about 1,300,000 shares, the week’s high. Chrysler fell over $2 at times amid active trading, while no third quarter dividend announcement was made. Rubber prices also fell as the 605 rubber element cut natural rubber by 14 cents per pound.

Sssnew York Chrysler

Oil shares lead declines as stocks fall across sectors

Los Angeles market report shows oil issues leading losses with many major stocks down, including Union Pacific, Gulf Oil, American Telephone and General Motors. Bonds slide modestly with government issues steady to slightly lower, while Japanese bonds edge lower and corporate bonds soften on light volume.

Union Pacific Winds Central Cities Service Gulf Oil Johns-Manville American Telephone Telephone Union Carbide American Can International Payper American Woolen National Steel General Motors Goodyear J, & Rubber Sears Roebuck Radio Corp Philco Kirby Petroleum Molybdeniuin National Fuel Gas H. C. Boliak Brazilian Traction Colonial Airlines Creole Petroleum Fansteel Metallurgical

Dividends and Market News From California to New York

Directors of Filtrol Co of California elect a dividend of 80 cents payable July to stockholders of record June. American Car & Foundry issued a dividend of 85 cents payable July 16. MT Bros. and others reported crop and market notes with sugar and textile mentions. The market report notes a rise in certain stocks and a decline in others, with commodity and futures chatter.

Filtrol Co California American Car & Foundry Ob Reso F. Aguita MT Bros Wis Adana Stroock & BG Aus Xtocka Bircont & So Chiype Corp. Weg Ind Sabe Sidring Androw

London and New York Stocks and Bond Averages Report

Financial page summary shows daily figures for New York Dow Jones averages with highs and lows, and London Stocks Average. It lists industrials and bonds with closing changes, plus mentions of various named companies and bonds in the market roundup.

Lanester DOW JONES Fursisieg Hbton & Co Baan Baie Shane Med Bu Bitar & Te Omer Aie London Financial Times Phil Perenee Curtien Abel Goldfield Leena Davest Eeyen Bae Dnelson Reliance It Daystrom PAM Ion Rui Ecla Rearls ELIAL Plana Atlee Gent Aga

New York Bond Market Summary From Associated Press

Market notes from Associated Press detail New York bond activity, including government and corporate issues. The report lists yields, securities, and notable price movements with multiple entities named, reflecting a volatile trading day across various brokers and issuers.

Grain Markets Drift With Mixed Futures In Chicago

Chicago grain futures show modest moves as market wait and see stance persists. Reports note weak demand and some contracts inching higher while others slip, with price stability in several grains and references to duties and adjustments in the broader commodities market.

Livestock Market Report shows mixed gains and declines

Chicago market reports limited demand with cattle steady to weak and veal firm. Sheep and calves move unevenly with top lambs around 35 and heavier cattle mixed, prices testing lowers. hogs and sows show modest gains, with prime springers scarce and dairy cull trends softer. Los Angeles notes subdued beef trade as supply tightens and prices ease for canners and cutters.

Chicago Los Angeles

Butter Eggs Poultry Market Report Notes Price Ranges

Market news bulletin shows graded butter eggs and poultry with state sales between dealers. Grade AA and other grades are listed with price ranges and small lots, indicating pricing shifts and stock levels in local markets.

Servics Oni Qetellers Shaes Fane Srase Pobalesais Bales Petween Bbc

Foreign Exchange Rates and World Currencies Snapshot

June 8 market brief shows varied moves in major currencies. Britain, Canada, Italy, Portugal and Sweden list unchanged or marginal shifts. Hong Kong and Latin American currencies appear with minor adjustments amid a global rate snapshot.

Dol Es New Yorks Britain Italy Ira Portugal Sweden Krona Une “Yatin Americ Argentina Unehansed Brazil Gen Cee Mexico Linelst Venesneta Antvar Unebanged Hong Kong Doline Unebanges

Treasury Report Washington June 22 Overview

Treasury data show expenditures near 205 million with cash balance about 6.19 million and various receipts. fiscal year figures reflect a surplus around 2.6 billion and large overall balances. The report notes unusual typography and irregular figures, with comparisons to the prior year’s date and day.

Treasury Report Washington Treasury

Also Mentioned on This Page

L.A. Stocks Rte Barnhart Chiee Seenang Cargaler’ Corp Gonnotidated Engineering Consolidated Liquidnting Corp Creamerita Uf Dursont Douglas Ernste der Hae Frenerve Ryan Aeronauticat Sinclair Seledal Fettosium DE Union Alasta Jugeau Black Mammoth Imperial Development Kaiser , Lana Sendo Bo Walker Bun Gan Suly Wens & Bale SUIS Mis New York Stock Exchange New York Curb Saogtate Presa Tut Lew Lah Aeaes Dew Chem Sage Ign Law Corporation Savage Arme Ratan Ag Laivenalein Aulaitss Kien Sorse Pete Dees Magnavox Balt Ohio Fonsius Borus Eversharp Chi T&line Fle Erle Saale Mortons Motorola Iturray Seaman I. Sen Teatru Kantus Aome Tex Pac Gary Bhp Corre Satta Bere An Motors Mnao Botoete Western Air Eeorense Yelich Hannan Dentere Foe Pier Fe taalGen Witeox Clinton Holland Hinson Jesubas Paleo Col Carbon Gif Hooker Ai Bae Gasee Invest Fork Corpa Epa FORD Colton Guiet Office of Price Stabilization SBE
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