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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Mar 19, 1956
Page
19
The page records closing figures for the Dow Jones averages with sector breakdowns across Industrials and Rails. It lists index values, highs, lows, and changes, noting overall market activity and utility stocks performance amid ongoing dealer actions and securities movements.
Beech Calif men March 1 1956 report on New York Stock Exchange trading activity details transactions and prices for stocks listed there during the day's session.
New York stock activity surged as steel, copper, and aircraft stocks led gains amid a late day snowstorm. Trading on the NYSE and AMEX continued despite weather, with volumes near 2.5 million shares and notable progress in steel output reports.
The cotton market showed varied activity with heavy buying and unsettled futures. Purchases exceeded 15,000 bales credited to a buyer, while prices drifted lower from the prior close amid stormy demand and ongoing trade movements.
New York Stock Exchange shares exceed four billion with Jersey Standard Oil listing after a three for one split. Old shares sold at 168.50, new shares opened around 86.87, boosting Jersey Standard into a top five by shares. Jersey Standard aims to grow owners as overpricing and more shares draw buyers. A market ceremony was canceled by a northeast storm.
Foreign exchange trading in New York shows the dollar near flat with minor moves in several currencies. The euro and yen see small downticks amid mixed futures activity. notable readings include slight declines in multiple European units and mixed regional indicators.
Evangelist Billy Graham said communist influence in Asia has slowed to a crawl while Red gains among educated youths persist. He urged an intellectual Christian answer, not dollars, and cited a tour through India to Japan with over a million attendees. He warned of war fears and rejected the idea of distinct Asian minds, saying the human soul is the same worldwide.
Franchise director invites energetic men or women to own and operate a profitable permanent business as part of a national network. Training advertising mail and sales support provided. Requires about $8,000 initial investment. confidential information requested.
A quake centered likely in east central Nevada was recorded by the University of California seismograph. Dr Don Tother placed the event 235 miles from Berkeley. It began at 74024 am and lasted 246 minutes with a magnitude of 4.25. The 1908 San Francisco quake was rated 25 on the same scale.
Markets at a Glance reports erratic currency and commodity notes with mixed price shifts. Awned prices show gains in some grains and cattle segments while others drift. The report hints at crop strength and cash price movements amid uncertain trading conditions.
The Associated Press reports on wholesale price trends with a fluctuating index. The record shows prices around 1700s with varying points from the previous day, noting shifts in staple commodity rates and general market movement.
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