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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Nov 06, 1947
Page
16
Daily listing of stock trades and prices from the New York Stock Exchange as reported for Long Beach, with transactions summarized for the day.
Furninhed ny Bitton & Co member reports Dow Jones averages for market session with gains and declines across key industrial stocks. Analysts note mixed performance amid trading volatility and investor caution ahead of quarterly results.
Chicago November 4 grain futures opened weak on news of government cash wheel withdrawal and a presidential statement on aiming to curb prices at home. Wheat at 2.99, corn down, December prices lower with recurring volatility across grains as traders assess global effects.
The page reports wheat pricing in Chicago with No 2 yellow and mixed grades and lists numerous investment trust names and figures, including bids, asks, and fund values. It references markets, commodities, and assets such as grains, barley, and various funds, with scattered company and price figures.
Dense garbled OCR listing securities and firms with percentages, including Mohawk, Aviation, Harbor, Bullock's Inc, Capital Recording, and Market Baby. Reads like a fragmented catalog of equities and entities, lacking cohesive events or narrative.
New York reports that leading designers promise a conservative approach for men's fashion in the coming year. The wasp waist will soften but shoulder padding remains, with pants pockets described as low and ample signaling prosperity.
Rep. Leon H. Gavin on a stop in CITY Pa on November 6 urged rapid expansion of the U S armed forces after returning from Europe with a Congressional committee. He warned that Russia and satellites could push through Europe to reach the English Channel in about three weeks and called for the mightiest Army Navy and Air Force the United States has ever known to meet any emergency.
Newark police chased a 16 year old youth who dashed across a jewelry store roof after the alarm. A patrolman found the boy wedged headfirst in a chimney and freed him, taking him to his parents.
Pacific Finance Corp declares a quarterly dividend of 35 cents per share on common stock. Record date is November 17, payment due December 1. First nine months net income reached 721490, up from 236006 year ago. Loans and discounts outstanding total 75376019, a record high.
RANGOON Nov. 6 The government announced Prime Minister Thalin Nahed had a narrow escape this morning when an unidentified assailant fired a bullet at his automobile as he returned from a vacation in the interior. The bullet struck a British ring bearer in a jeep behind his car.
Strikes were underway at Tsinghua and Yenching Universities in protest against the arrest of four undergraduates at Chekiang University Hangchow. One of the detainees allegedly died by suicide.
The 3 year old Duke of Norfolk, premier peer and War Marshal, pursued a nimble burglar from his bedroom through armor filled chambers at Arundel Castle in Sussex. The thief vaulted a window and escaped with loot, including a gold cigarette case.
In Shanghai on November 6, 1 the central government disbanded the Democratic League, a coalition of minor parties recently outlawed, announced by League Chairman Chang Lan.
New York trading sees select steel copper and industrials move to recovery as some leaders slip. Gains were modest. volume around 3000000 shares. Pacific Western Oil Mission Corp rallied on Sunray merger opposition. Reo Motors Houdaille Hershey Buffalo and Forge and Articom aided. Major firms like U S Steel American Smelting Phelps Dodge and International Paper led near lows for years. taxes and policy concerns weighed. Bonds eased while grains swung with cotton up 50 cents per bale.
Chicago cattle and hog markets show mixed results with steers and heifers mostly steady to higher while hogs rise to about 25 dollars. Receipts reach around 13,000 with buyers attentive as beef cows and vealers command strong prices and sheep demand remains cautious in Los Angeles trade.
Treasury data shows revenue and outlays with figures for receipts and expenditures across years. The report includes totals for Customs receipts, internal revenue, and various departmental funds, highlighting annual sums and balance movements.
Fragmentary data shows hay prices with varied figures such as 34.09, 30.00, 56.00, 60.00, and 35.00 in different entries. Entries mention entities like Alfairoy U and Navishariest with inconsistent formatting and unclear dates.
Federal Market News notes varied prices for poultry and dairy items with Grade A fowl and leghorns listed. Reports cover fob prices, shipping terms, and assorted bird categories including ducks and turkeys with multiple lot numbers and counts.
Market roundup from New York notes no clear stock leader as bonds and traders show slight declines. Bond markets mixed with a steady tone. mills and commodities quote mostly lower while home shares hover around the 100 level with light trading. Overall activity remains quiet with small price shifts across sectors.
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