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Long Beach Press Telegram in Long Beach, California

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Long Beach Press Telegram

Location

Long Beach, California, United States of America

Date

May 05, 1951

Page

4

Stocks Divide Gains Losses Trade Quiet

New York May 5 Stocks ended mixed in a quiet market with little trend. The session saw gains and losses that left indices flat, with a trading volume around 550000 shares. Chrysler slipped after a weak earnings report while National Supply and Dresser Industries rallied. Major gainers included Standard Oil US Gypsum Union Carbide Douglas Aircraft Boeing, while losers included Atlantic Coast Line Amerada Petroleum Gulf Oil Hastern Air Lines Consolidated Natural Gas Homestake Mining American Cyanamid Allied Chemical Dow Chemical Bethlehem Steel General Motors Sears Roshuck Caterpillar Tractor and others.

York Chrysler Pacific Western Dresser Industries Standard Oil No. US Gypsum Union Carbide Douglas Aircraft Boeing Atlantic Coast Line Amerada Petroleum Gulf Oil Hastern Air Lines Consolidated Natural Gas Homestake Mining American Cyanamid Allied Chemical Dow Chemical Bethlehem Steel General Motors Goorlyear Sears Roshuck Caterpillar Tractor Aluminum &Co. of America International Petroleum Pressed Metals St. Lawrence Corp Waltham Watch Creole Petroleum Fansteel Lionel McWilliams

Oil supply shift seen as Russia oil output rise

The United States may replace a large pall of Tranian oil moving into western Europe. Russia could obtain needed oil for defense plans and current output could nearly double its supplies. February crude production in Russia and its European satellites is estimated at 923000 barrels per day. Tran L. A. Stocks.

United States Russia Tran General Petroleum Ford No Weil Wilmington G. P Green River Wyoming Big Horn Basin Slick Creek Bureau of Mines Carl E. Totten Shell Oil Co Los Angeles Desk and Derrick Club Alexandria

Iran oil nationalization seen risking U S rationing

Oil policy fear boosts tensions as Iran nationalizes its fields. Anglo Iranian and other properties valued at about half a billion dollars face upheaval. U S may face rationing and shipments to western Europe, with Iran producing about 701000 barrels daily and total regional output around 1.56 million barrels.

Abaflan Iran Ernest O. Thompson Texas Railroad Commission United States Europe

Grain Market Report Shows Small Scale Selling Amid Volatile Wheat

Grain markets show low scale selling on wheat amid volatility as prices retreat and advance. Prices for May and September futures edge up or down with varied freight and storage costs noted. livestock and eggs listed with limited movements and mixed buyer activity.

Tepresenia- Lyre Seling Poe Igwer

Cattle and Lamb Prices Drop Amid Higher Receipts

Market report notes a 15 percent rise in receipts from the prior week with all cattle classes down about 1.70 to 3.00 and heavier declines in weights over 200 pounds. Hog prices eased around 30 to 40 cents, with butchers mostly down a half to one cent. Lambs, veal, and dairy stock also weakened as slaughter demand cooled and stocker prices fell.

Chicago Prises Rontyyman Butehera Cate Fon Mont Tonetha Sala Jabie Rattia Ting OPR Romplance Alan SA Tower Eanners Rely Shelly Tate Ron Rat Salou Aho Down Loweet Moody Fnuntine

Cotton Marts Adopt Five Day Week In Summer Schedule

New York and New Orleans cotton exchanges closed today inaugurating a summer five day week through Labor Day. Cottonseed oil and soybean oil markets in New York also closed starting a summer five day week through September 15.

New York New Orleans

Also Mentioned on This Page

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