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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Nov 20, 1953
Page
21
The Financial Times daily index for London stocks closed at 129.5, down 0.8 points. Hutton & Co reported movement with figures showing 293.79 high and 255.71 low, while other entries noted 88.24 and 92. a London market snapshot reflects modest declines across listed equities.
The market shows steady demand across cattle and hogs with prices firm at several levels. Traders note active bidding for feeder cattle and strong interest in prime beef though some cuts trend lower. Labor day week activity remains cautious as buyers seek value amid volatile futures and seasonal supply adjustments.
Daily closing prices on the New York Stock Exchange show mixed activity as traders locked in gains on some blue-chip issues while others advanced on momentum. Analysts cite cautious sentiment ahead of regional economic data and corporate earnings reports.
Chaotic OCR summary shows Grain, Wheat, and Barley trading under stressed conditions on the Chicago market. Prices dip and rebound amid weak demand and speculative activity, with mentions of May 2047 timing and unsettled futures. Growth in offerings contrasts with cautious buyback as reports indicate mixed signals and price volatility across grains.
A dense ledger of stock quotes, grain notes, and commodity prices from Los Angeles markets. It lists entries for unions, oils, chemicals, rail, and various corporation shares with price movements, dividends, and closing figures alongside fiscal indicators and foreign exchange rates for the day.
The month’s building permits show multiple residential projects including five family apartments and single dwellings. Notable entries include a five family apartment at 3048 Daisy and additions or new dwellings at 413 Garford 164 Granada and 44 Panama with varied contractor details and estimated costs. The total permit value reaches 1,576,600 dollars across several projects in the area.
New York trading was subdued with mixed results across key names. Prices moved in small fractions as American and consolidated issues showed little overall movement amid dividend news. Several stocks like United Aircraft and Montgomery Ward were steadier while others edged lower or unchanged.
Fragmentary Treasury report shows balances and entries with figures such as 63,079,208,35 and 27,£. 00.73.920004. The legible parts reference Budgets, set totals, and loss or credits amid unreadable lines, indicating routine accounting bookkeeping. The readable items hint at balances, receipts, and disbursements in a dated governmental ledger.
New York reports air coach service expanding as industry executives forecast years of growth. Airlines plan to add planes, shift toward mass transportation, and target the largest passenger volumes with economical, frill-free travel. Prospects for profitability remain cautious as carriers push expansion.
Market notes show a shift from nearby December to later cotton futures with 100,000 bales rotated. Prices closed higher by fractions from the prior session. Executives from American Airlines Northwest Orient Pan American and United anticipate stronger air travel growth through 1960 driven by tourism and expanding coach services, though some warn that fare increases may be needed to meet demand.
Fragmentary OCR shows hay price data with inconsistent figures and units. Specific prices and quantities are unreadable, hindering precise meaning.
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