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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
May 10, 1955
Page
17
Daily London stock page shows mixed moves with Industrials slipping, rails and utilities trading around earlier levels. The report notes notable price ranges and openings as investors track Wall Street activity and London market directions.
Prices show cattle and hogs varied in value with top quotes. steers and cows traded firmer while hogs and veal moved modestly. Notable figures include prices around 18.25 to 25.25 for sows and 47.25 to 18.06 for other hogs, plus steady veal and calf demand and upward shifts in some steer and heifer categories.
The report lists today’s closing prices for NYSE listed stocks across sectors. Key gainers and decliners noted with volume, dividends, and index delta where available. Specific company names and figures appear in the market wrap based on the day’s final trades.
In a volatile session bonds and grain moved unevenly with waves of selling and weak demand. Signals from Britain showed idle ships and coal disruption while cotton futures slipped after initial firming amid overnight dry area gains. The session noted reduced price quotes and a slide in wholesale staple indices as traders weighed pre election tensions and global supply factors.
Prices in several divisions fell while most major indexes moved down. Trading was light on both the New York and American stock exchanges with some small gains elsewhere and bonds showing irregular activity.
Treasury report from Washington outlines cash position and fiscal figures with multiple numbers and references to May 6, 1954. The document mentions totals, exports, and various coded items, though the text is fragmented and difficult to parse.
A partial OCR list shows earnings for various companies across multiple months with figures in cents and dollars. Entries include Petroleum, Electric Power, Food Machinery, Rubber, and Timber interests, listing monthly earnings and price changes, with totals like 340 and 365,196.50 cited among many small adjustments.
Long Beach advertisement notes a well established California brokerage with 51 years in business. It promises complete facilities in stock bonds and commodities nationwide and overseas and urges readers to write for full information today.
Markets at a glance show a quiet decline in stocks and irregular bond changes. Wheat steadies after a firm stance, small price moves across grains. Prices hover around minor tenths and cents with limited notable gains.
The board of directors announces regular quarterly dividends on several Seaboard Finance preferred shares payable July 10, 1993 and July 10, 1933 to stockholders of record June 23, 1955. Dividends include 53 cents on 2.12 convertible preferred stock, 31-4334 on 5.75 sinking fund preferred stock, and 41.1834 on 44.75 sinking fund preferred stock.
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