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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Mar 09, 1954
Page
17
The Times records the daily index movement with figures for industrials rails units and bonds. It notes the Dow averages and related stock sections with values across sectors and regions, reflecting a mixed market today.
In New York the market showed a mixed face as a broad decline recovered with strength in several issues. The session opened steady, drifted mixed through the morning, and finished with a small dip in the afternoon.
Chicago livestock market shows a mix of price changes with down and steady trends across cattle hogs and sheep. Beef: steers and heifers largely steady to lower. hogs quoted steady to down. sows varied with lighter weights showing strength. Wool lambs and feeder cattle appear active, with demand fluctuating across weight classes and classes. Local market notes include price ranges for fat cattle, feeders, and sheep, plus activity in other regions.
The market closed mixed with a late recovery leaving prices around steady with minor gains and losses across sectors. Aircrafts rose on the two-for-one stock split proposal while copper especially Kennecott edged lower early but recovered later. Railroads lagged, bonds firm, and German dollar bonds remained strong and active.
Citrus market news from Los Angeles notes grapefruit prices steady with small fluctuations for other fruits. Lemons and navels show minor changes while cartons and bulk lots vary. a few price points are listed for grapefruit and oranges across multiple carton counts and weights.
The report describes a 17 day old infant connected to a combat zone story in Washington. It notes a blood clot forming in the right leg after service in France and Germany 1944 45 and links to a complication from an intestine stomach condition. The Internal Revenue Service announced a compromise on a $1106 claim against John Flass.
New York reports show mixed sentiment as investors await March transfer policies. Private advices cite limited demand and moisture concerns hindering shipments. Futures closed down modestly, with March and May quotes near 34 cents and 42 cents respectively, amid light activity and odd price shifts.
Fiscal figures list large totals in assets and liabilities with figures like 208,628 894.79 and 276,749 268 for 1954 1965. The text references debt, deficits, and public obligations, noting changes over years. Names and exact dates are unclear due to OCR issues but imply official accounting totals and holdings.
The weighted wholesale price index of commodities fell to 175.35 with a 30-point swing. Details show decreases across several categories, including staples and related goods, signaling a softer market in the wholesale sector.
An obscure garbled notice hints at hay prices and sales details, listing items like oats and alfalfa amid unclear quantities. Despite the fragmented OCR, it suggests a small rural market event with probable vendor names and price points for livestock feed.
On dry days clothing fibers stand out due to static electricity. Petri's offers a new non-static cleaning method that reduces static, improves fabric brightness, and guarantees satisfaction or no charge. Men’s suits and ladies’ plain dresses priced at $1.50, no extra cost.
Hotel men from several western states will gather at Lafayette Hotel for a Long Beach Hotel Association meeting Wednesday evening to discuss a proposed family rate plan. Attendees from multiple properties are expected to attend as part of the discussion.
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