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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
May 27, 1955
Page
21
Market data shows Dow Jones averages with daily changes and high and low figures for 1955. The snippet lists values for rails utilities and stocks with decimals and minor declines, reflecting a mixed trading session.
The stock market opened strong in New York with a high start but drifted into a mixed finish by late afternoon as prices showed gains at times yet faded later in the session. Investors watched shifts in several key sectors and major indexes moved unevenly.
CHICAGO grain trading showed mixed demand with prices fluctuating through the day. Wheat faced pressure while corn and oats moved modestly. Boeing surged after the Air Force ordered increased production, lifting related stocks before retreating.
The report details today’s closing prices across NYSE listings with notable gains and declines. Key industrials and financials show mixed movement as traders weigh earnings results and market sentiment.
Fragmentary OCR from American Stock Exchange listings shows scattered company names, prices, and trades. The readable portions reflect various sectors and tickers without coherent narrative or identifiable events.
Chicago and Los Angeles market notes detail hogs, cattle, and calf prices with sharp changes in hogs and steady to mixed cow, steer, and heifer values. The report covers market ranges, weights, and notable shifts in price, including bids for live poultry and grains as traders watch government policy and demand.
Fragmentary text references rail, prices, rents, and local entities with scattered figures. The readable portions mention Tenegianla Railivet, SNL SEC, and various monetary values but lack coherent narrative or clear event.
Treasury summary covers cash terms and state year figures for a transit payment. It notes a misprint in the caption and references a cash version of the report issued in May 1955. The document reviews balances and disbursements related to the term and region implied by the text.
Trend of staple prices shows decline in York as Associated Press reports softer costs for essential goods. The sparse item notes downswings in everyday commodities, signaling broader market easing.
An old advertisement fragment promotes PASTEETH a powder advertised as an improved anti acid product. It claims pasteeth helps with loose wobbly teeth and sore gums and suggests using it on plates to ease discomfort while avoiding embarrassment from loose pastes.
H. O. Anderson, 55, of 393 Long Beach Blvd suffered a severe ankle cut when a pavement spreading machine slid off two jacks and fell on his foot. He was treated at Seaside Hospital after the accident on the Jordan High School playground.
Federal State Market News Service reports steady prices for grapes and citrus in Los Angeles. Lemons and oranges show minimal changes with box and bag offerings listed in varied sizes. Valencia segmentation and standard boxes price ranges noted, while grower markets in California report steady activity across auctions and shipments.
George H. Taylor a 70 year old of 425.5 Ocean Bird suffered a minor forehead injury Thursday after a collision on Pacific Coast Highway near Nimeno Avenue. He received treatment at Community Hospital and was released. Gertrude K. Crossley 61 of 206 Roswell Avenue was cited for running a red light. Beverly K. Catherall 29 of 325 Royerott Avenue drove the other car, which was struck on the right side. The Long Beach Library Youth Council held its second annual spring party at Burnett Branch Library Thursday night, with sixth graders chosen from Jordan Boly Wilson and St. Anthony’s councils. Participants included Betty Shaw Ross Frank Virginia Gordon Ralph Webb Doyle Bowers Mary Jo Robinson Sandya Nelson Carole Sutton Michael Smith Josmin Handford Dianne Dunn Gary Delworth Helen Schuck Leaana Gregory Gary Wilson Martin Tallant.
Los Angeles City teachers will receive four pay raises totaling about 151 dollars a year for 18 000 staff after a board of education vote on Thursday night. Raises take effect in the fall with salaries rising from 3830 to 7000 for a 10 month year to 4000 to 7150.
An estimated 1,900 members of the Western Shrine Association began their annual three day convention in Fresno featuring Shrine groups from western states Hawaii and Mexico.
Five Long Beach area students at Occidental College were elected today to Mortar Board, a national honor society for women. Jacqueline Neate, commerce and finance major, and Marilyn Spaans, biology major, are among the new inductees.
Tokyo officials report a treaty of amity between Japan and Yemen begun today with Suemitsn Kadowaki, vice minister of foreign affairs, and Hassan Bin Ali ahim, Yemen’s minister to the United Kingdom. The pact signals closer diplomatic ties and mutual cooperation.
Fragmented OCR lists building permits and costs for several projects. Names include Reed Euan and Bier Su Stasters Inc. Details show addresses such as 1610 Canoe and 1860 menean with costs from 3 500 to 19 000, plus a factory building at 211 Werth with 5 50.
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