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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Mar 08, 1952
Page
4
New York March 8 UP Oil issues rose sharply in today's brief session helping the market advance. Railroads led gains with gains across air lines radio television utilities and several metals and chemicals. Amerada Petroleum climbed between 15 and 16 points at times before retreating. Shell Oil gained around 1 point while most losses stayed small.
The day saw a heavy volume of about 700 600 shares with Canadian Pacific and several oil and chemical firms moving strongly. Major gainers included Standard Oil of Indiana Cities Service Northern Pacific Union Pacific and St Regis Paper while others like Senta Fe United Air Lines American Telephone Dome Mines and Dow Chemical advanced. Curb issues such as American See Sup Eastern States and Fox Brewing rose while Atlantic Coast Line and Pantopee Oil fell. Goldfield Consolidated Mines and Pan American Oil were largely unchanged.
Receipts declined about ten percent from the prior week as cattle and hogs showed uneven demand. Prime steers neared 90 dollars, with heavy and light cattle trading at varied prices. hogs and sheep posted mixed gains and losses amid a cautious market tone.
Partial readable text outlines a legal or public security matter with references to dates and amounts. The legible items include cryptic terms and numbers that point to an official action or notice yet lack complete context. Further readable details are unavailable in the fragment.
A cluttered market summary shows Dow Jones averages and industry figures with mixed moves. The page lists highs, lows, and closing values across sectors, highlighting rails, utilities, and industrials with various company names and prices.
An OCR heavy ledger like page shows a sprawling list of insurance firms and stock names across North American and Canadian markets. Numerous company names such as American Life, Canadian Capital, and various brokers appear amid references to banks, railroads, aviation, and industrials. The fragment hints at a market-wide activity with insurance stocks cited among other sectors in a dense financial register.
A scrambled financial roundup lists various companies and their earnings per share or year figures including Deer & Co., General Battery Signal, Stainless Steel Corp, and others. The item resembles a historical stock summary noting per share figures, quarterly results, and yearly totals with inconsistent punctuation and OCR errors.
New York March price index shows wholesale commodity prices down for the sixth consecutive week. The index stands at 186.16, a drop from 186.80 last weekend and 212.90 a year ago, with declines in industrials, food, and textiles. Livestock up only modestly, nonferrous metals flat.
The report surveys commodity moves and bond activity with references to wheat futures and corn costs, noting gains in durum and soybeans alongside subdued oats. It also tracks Australian, Chilean, and Peruvian bonds, international exchange rates, and a broad market index shift, reflecting cautious optimism and volatility in early March.
Market briefs describe mixed results with bonds steady in Chicago and calendar items showing slight gains in some sectors. Traders noted cautious posture across commodities and equities as voices from the floor highlighted uneven demand and selective strength in key groups.
List of vessels arriving and due to depart in current schedule including ship names such as Victory Ane Kobe Lykes Lines Star and Frank Drum Mk with berths and ports like New Orleans New York San Francisco and Baltimore. Names, lines, and dates appear scattered across the roster.
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