Dow Jones Averages Report From 1953 Markets
London stock averages mirrored the day’s activity with mixed results across major listings. The brief note records closing figures and small changes, reflecting a cautious tone in mid 1950s trading.
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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Nov 17, 1953
Page
21
London stock averages mirrored the day’s activity with mixed results across major listings. The brief note records closing figures and small changes, reflecting a cautious tone in mid 1950s trading.
An irregular trading session sees overall declines in stocks with several sectors slipping. Utilities remain active, high grade corporate bonds fall while government bonds gain some ground, and railroads along with industrials lose modestly amid a cautious mood.
The page presents a scrambled listing of commodity quotes, poultry and eggs prices, and various retail notices. It mentions stores, suppliers, and rates, with scattered names, places, and numbers, reflecting routine market and advertising content from a historic newspaper page.
A Chicago area livestock market report shows varied demand and prices. Steers top at 40 75, lambs and sheep steady, hogs mostly steady, calves and cattle mixed with some higher and lower ranges. Primaries note weaker demand for heifers and certain cattle while overall activity remains brisk in the slaughter and feeder segments.
A scan of a historical markets page shows mixed activity across exchanges. Stocks and grain futures moved modestly with cautious trading amid broad market hesitancy and ongoing price adjustments influenced by external factors and loan considerations.
The report notes U S cotton exports to Spain totaling 27 700 bales for December shipment. Atlanta dealers report improved mill demand for spot cotton with active business, while Memphis shows deferred buying in parts of the territory. Futures close higher by about 25 to 60 cents per bale with December at 32.85, March 35.32, May 33.52. prices rise amid increased trade and short covering.
The Market News Service notes mixed movement in Florida citrus with slight gains in early grades of oranges and lemons, while Valencia import prices show modest changes. Prices for Oranges-Per box and other pack terms are listed with assorted values, reflecting a volatile wholesale citrus market in New York and related reporting.
Fragmentary OCR text mentions markets and government language with unclear names and figures. It references Wheat and possible financial items, but specifics are unreadable. The passage reads like a scrambled news brief with partial names and numbers, lacking clear events or outcomes.
CIO approves no raid pact with the AFL clearing the way for possible merger talks and a joint approach to organizing the unorganized. The agreement sets up an impartial committee to settle jurisdictional disputes and demands no coercion for signatories while APL and CIO unions weigh joining. reactions noted Truman speech inspired support for unity but officials acknowledge merger remains distant.
The readable text fragments mention item numbers and measurements but lack clear events or names. The snippet appears to be damaged OCR with inconsistent spacing and several illegible terms. No coherent person, organization, date, or place can be established.
A garbled notice lists multiple building permit actions and alterations with various owners and contractors. It mentions residential and commercial projects, several addresses such as 1405 and 412, and entities like The Teemite Co and Peertean Heatide Co, with costs and duties scattered through the text.
Veteran racer Ralph De Palma will speak before members of the Samuel Thomas Post 526 American Legion in North Long Beach Thursday evening. De Palma, famed for rivalries with Barney Oldfield, is on a speaking tour for General Petroleum promoting safety. He has not raced since 1927 after a 27 year career and 2889 starts in 2557 races.
More than 300 members are expected at the Los Angeles Elementary Teachers Club institute dinner to be held Wednesday evening at Harbor Junior College in Long Beach. The Long Beach City College Choir will perform and guests include Dr Alexander Stoddard, Los Angeles superintendent, and Supt. Douglas Newcomb of Long Beach schools. The main event is set for 6:30 p.m. as announced by club president Miriam Teaff.
The City Council authorized a 16,256.02 contract to Wucetich Construction Co. of Paramount for building a storm drain from Seventh St and Terraine Ave in Alamitos Heights to Colorado Lagoon.
At Rec reation Park Clubhouse the Long Beach Chinchilla Group met at 8 p.m. Wednesday to discuss pelting with Tobey Van Ewe leading the dialogue. New officers will assume duties at the meeting.
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