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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Oct 13, 1953
Page
19
The Financial Times daily index of London stocks shows a decline with the index at 126.7, down 0.6 points. Market data includes mixed figures such as BES figures and various codes, reflecting a quiet trading session in London equities.
New York markets opened higher then slipped, with volatility easing yet prices moving within a point range. Volume reached an estimated 1,200,000 shares, above Friday’s 900,000 as the market fluctuated amid gains and losses.
In Chicago the cattle and hog markets showed uneven movement as hogs priced 50 to 75 higher while cattle stayed mostly steady and sheep rose modestly. Prices ranged with butcher hogs around 22.25 to 23.00 per hundredweight, prime lambs up to 15.00, and cows and calves showing varied gains amid active trading across classes.
A chaotic OCR list shows wraparound stock figures with numerous tickers and numbers. The page lists closing prices and trades across exchanges including NYSE AMEX and CBOE, with mixed artifacts and partial company names. No clear narrative or single decisive outcome is present.
A chaotic session in the New York bond market featured price swings and heavy trading as traders monitored yields and market breadth. Record shows widespread activity across treasury and corporate bonds amid a volatile mood and shifting risk appetite.
New York wholesale markets erratic with wheat and cotton tumbling then stabilizing. Prices show partial recovery as traders await harvest signals and government action on farm policies. notable shifts occur in cotton futures and textile market, while bond and stock listings reflect cautious investor sentiment.
In Tokyo the emperor received a rare California mollusk specimen presented by Dr Warren S Wester of the University of California. Wester led an 18 member Scripps Oceanographic Institute team to the Biologics Research Institute for the gift.
A mysterious slide blocked the Hollywood freeway at Grand Ave last night after an all night sprinkler flooded ivy on the embankment. The washed dirt and gravel created a slip that authorities fear may recur with heavy rain as winter approaches.
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