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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Oct 02, 1947
Page
21
A fragmented market report shows mixed activity on the New York Stock Exchange with many tickers displaying uneven closes. Traders note scattered gains in some blue chips while others retreat. overall volume remains subdued as prices swing through the day.
A handful of stocks showed small gains while many led declines persisted toward the close as profit taking and mixed signals weighed on sentiment. Major names including Columbia Gas and Moore, Mission Corp., and Skelly remained buoyed by earnings talk, but lows in Southern Pacific and General Electric reflected broader pessimism about the economy and European relief plans.
Chicago market reports fluctuating hogs with prices around 40 dollars, cattle steady to lower, and shows top hogs near 40.30 while cows and calves trade from 28 to 40. Bulls and vealers steady to varied. grain market notes steady to lower prices with corn and wheat slipping amid harvest dynamics. Los Angeles and other western entries hint at regional demand shifts and price ranges for feeders and slaughter cattle.
Fragmentary text lists numerous names, companies, places, and figures, including Pigs, CorP, Meg, Leona, and 2001 era references, interspersed with stray numbers and symbols. The readable core resembles a damaged ad or directory snippet with mixed entities and no coherent event.
The Dow and Jones averages show varied movement as industrials and utilities indexes shift. Readings list several points including 178.96 and 163.01 for Industrials and related sectors while utilities hover around mid 30s. data reflects early market trading with scattered gains and losses.
In New York broadcasters asked the American Federation of Musicians to grant permission to rebroadcast regular network programs over FM stations. James C. Petrillo, president of the union, would decide on the proposal in a few days.
Federal State Market News Service Los Angles reports October 3 2047 price listings for butter eggs and poultry. Prices shown include Grade A items Leghorn fryers and various weights with hauling and delivery noted. Market details cover weights counts and bids plus regional offerings and price ranges for perishable goods.
The report notes higher prices for flour wheat barley lard cottonseed oil and hogs during the week while declines occur for hams bellies butter coffee potatoes rice raisins prunes and lambs. Buyers showed sustained demand despite mixed futures and regional variations in pricing.
A damaged OCR fragment shows garbled text with scattered phrases about age, demand, and relations. No clear event, person, or organization can be identified from readable content.
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