Dow Jones Averages
Market report shows fluctuating Dow Jones averages with varied figures across closing values. Indicator data includes multiple labels and figures, reflecting day to day shifts in major indices and related components.
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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Oct 07, 1955
Page
21
Market report shows fluctuating Dow Jones averages with varied figures across closing values. Indicator data includes multiple labels and figures, reflecting day to day shifts in major indices and related components.
The New York stock market held steady until a late spell of weakness pushed many issues down. Volume reached about 2,150,000 shares as traders noted weekend selling and a broader retreat across significant areas.
The report describes livestock prices and trading for hogs and cattle with mentions of weights, prices around 80 pounds and up, and varied demand. It notes steady to higher tones in some categories, with USDA data and quotes from the Chicago market, alongside New York Exchange activity and bond movements as broader market context. It ends by noting two Italian issues up and a quiet foreign section.
The report covers live poultry including week price trends and delivery details to Los Angeles. It notes wholesale price pressure among local dealers, FOB distributor supply, and varying weights from light to heavy birds, with emphasis on pricing, cases, and delivery terms. It mentions shipments via routes and stock-exchange style price data from Merkel News Service.
The Associated Press reports a rough snapshot of trades and price movements across numerous stocks listed on the American Stock Exchange. Heavily traded names show varying gains and losses as market activity unfolds.
Los Angeles Stock Exchange volume rose 47 percent for the month led by Bank and industrial issues with notable gains in General Motors and Chrysler related stocks. The report highlights dollar volume nearing $936 million, the second-highest monthly total this year, and mentions improved activity in cotton and grain markets, plus a Treasury balance update.
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