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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Nov 18, 1955
Page
21
Stock market snapshot shows industrials near 291. The Dow high around 29,355 with low near 28,405. Utilities and rail stocks listed with varied changes. figures reflect intraday volatility and end-of-session close estimates.
New York stocks closed modestly lower amid a quiet turnover as the Federal Reserve lifted its discount rate from two and a half to two and three quarters percent. Grumman Aircraft rose on a stock dividend while General Motors fluctuated, and overall demand shifted with higher rates. Trading remained active yet restrained with rails and industries dipping and Treasury bond losses widening.
The New York Stock Exchange reports daily closing prices across major listed stocks. Final figures show price movements, with gains and declines distributed among key sectors and notable blue chips reflecting early-week trading sentiments.
The American Stock Exchange reported mixed closing prices amid thin volume as traders tracked general market trends. Investors watched notable movements in industrials and financials while several blue chips edged higher in a cautious session.
Fragmented stock notes from Los Angeles market show scattered figures and names amid unreadable sections. The readable items include references to NYSE shares and multiple unnamed listings, with dates and figures obscured by OCR distortion.
Market notes show cattle and calves steady to higher with strong demand for good and choice steers and heifers. Lambs, ewes, and woolled stock in limited supply with varied quotes. cotton, citrus, and cotton futures mixed amid nationwide trading.
Five legal secretaries were burglarized Thursday when an intruder entered their office at 19 Line Ave and stole purses. Flora D Headey of 28 Serving Ave reported a loss of 80 dollars while Barbara Booth of 3697 Lemon Ave reported 30 dollars missing.
A compressed ledger style notice lists dividend and due dates across multiple firms and individuals. References include Fatulin Lorn Fissu-Due payment terms, Pebat East Gas, December and January deadlines, and several company abbreviations. Readers are directed to check the dates and amounts for warrants, insurance terms, and weekly payments in the ongoing schedule.
Transamerica announced a special dividend of 15 cents a share payable December 20 to shareholders. The company cited satisfactory earnings for the year, justifying the extra payout in addition to the 31 cents already paid in dividends this year.
Virgil B. Gillespie, manager of the bank’s Long Beach branch, announced that Security Ist National will pay 2 percent on savings accounts starting January 1, 2956. The bank will prevent interest on certain savings accounts as part of the change.
Market notes show varied poultry and egg prices with live birds and weights listed. Prices appear by grade and weight, noting large and small birds, several brands, and wholesale versus consumer figures.
Incomplete OCR fragment reveals a Treasury cash position report listing totals and figures. The readable items include numbers like 279,714.036 and references to government accounts, but the text is garbled, making full interpretation uncertain.
Fragmented OCR text shows market at a glance terms and an advertisement for false teeth care. It mentions dentures, how to hold teeth more firmly, and a denture powder claim. The readable parts reference packing features, comfort, and avoidance of odor.
A scrambled OCR snippet shows mixed currency quotes and market data for the York exchange and international currencies. It mentions the dollar, pound, franc, mark, and other values with inconsistent figures and dates, reflecting a chaotic snapshot of foreign exchange activity and futures.
Building permits listed with various entity names and projected values, including S212. MNS Perr REO General Pat Petroleum prp and QE denry Ford, items showing amounts like $5,000 and $40,000. The text references multiple individuals and firms such as Eataco Ship supply and Vit RosMer CO, with assorted addresses and notes, indicating permit activities and financial figures.
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