Dow Jones Averages Edge Terms in Mixed Session
A murky Dow Jones report shows mixed trading with slight gains and losses across key groups. Industrials and utilities shift modestly as traders weigh bonds and yields amid uncertain market signals.
Long Beach Press Telegram in Long Beach, California
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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Oct 14, 1950
Page
3
Car and TV stocks decline under heavy selling
New York reports a broad market retreat led by Auto, TV shares as color television mandarin edict and stricter installment credit curtail demand. Major manufacturers including General Motors and Chrysler fell while firms like U S Steel and Philco dropped. Bond market stayed quiet amid regulatory confusion.
MENTIONED IN THIS ARTICLE
New. York
Federal Communications Com
Aharea
Miasion
Vision
Alock
Tumbia Broadcasting System
Imethod
Aashare
Joitar
Loxsen
General Motors
Sym
Chrysler
Studebaker
Hudson
Pathy
Admiral
Emerson
Philco
Corp
Zenith
Motorola
C. B
U. S. Steel
U. S. Rubber
J. Sharen
Case
Weatinghouse Electric
Kennecott Copper
Southern Ral
Way
Union Pacific
Standard Oil
N. J
U. S
Texas Crude Production Shows Large Increase
Texas oil fields report a strong rise in crude output with higher prices for lighter grades. Industry surveys show average Texas daily production around 2,040 barrels per well, and total state production nearing 5,041,900 barrels last month. Major companies propose storage adjustments as the Interstate Oil Compact Commission plans a December winter meeting in Houston.
MENTIONED IN THIS ARTICLE
Texas
Wilmington
Thala
Texas Railroad
Wilmington Commission
Adlea
Century Oi Ca
Long Beach
Los Angeles Basin
American Northland Oil Co
California
Alberta
Canada
Imperial Oi
Alverta
Interstate Oil Compact Commission
Shamrock Hotel
Houston
Citrus Juice Pool Announces $3 Million Payout Plan
In Los Angeles on October 14, the California Fruit Growers Exchange reported a partial payment exceeding 3 million dollars to Valencia orange and grapefruit growers through the Trust juice pool. General Manager F. R. Wilcox said the first Valencia installment and the second for the desert grape were the largest ever, equating to about 20 dollars per ton for Valencia fruit. Growers joining the pool will receive additional payments later this year, Wilcox added.
MENTIONED IN THIS ARTICLE
Los Angeles
Oet
Valencia Orange
Trust
Exchange
Orange Roadwet Co
California Fruit Growers Exchange
F. R. Wilcox
Asalutant
Wilcox
Imerins
U S Imports Rise While Gold Stocks Drop in Week
Washington October 14 report shows U S imports climbing and exports slipping to foreign traders. Gold stock declined by 330 million dollars for the week ended October 11, with total gold holdings at 23.432 billion. The Federal Reserve Board released the figures yesterday. Over the past year, gold reporting added 1.172 billion in value.
MENTIONED IN THIS ARTICLE
Washington
U.S
Federal Reserve Board
New Teachers Tour Harbor to Learn Port Industries
Seventy new Long Beach school teachers toured the harbor today as guests of the Harbor Department to become familiar with the port and its industries. Alvin K. Maddy, executive secretary to the Harbor Commission, led the tour aboard water taxis from the Pico Avenue landing.
MENTIONED IN THIS ARTICLE
Jim
Ong Beach
Alvin K. Maddy
Harbor Commission
Pico Ave
Commodity index shows weekly decline in wholesale prices
New York October 14 The Associated Press wholesale commodity index fell to 188.93 this week from 189.34 a week ago and 156.83 a year ago The drop marks the third consecutive weekly decline for the index base year 1926 equals 100 Four of six commodity groups rose led by nonferrous metals tin reached a new year high while Industrial and grains and cotton fell reflecting overall mixed movements across sectors
MENTIONED IN THIS ARTICLE
New York
Associated Press
Catton Market Price Report With Grain and Market News
Market notes show Catton prices around 2.14 per bale amid mixed futures, with November at 12.27 and hedged by lows and weak demand. The report covers butter eggs poultry, grain prices, and investment fund references, listing several company names and earnings figures from Chicago and Los Angeles sources.
MENTIONED IN THIS ARTICLE
Las Angelra
Get
Rade A
Curton
éPrichta
Cacel
Conaumern
Rosmary
Vessels Arriving and Departing Listed
A historical maritime notice lists ships arriving and departing, names ports, dates, and lines. It mentions Amer Tamman Oct 17 and Norse routes with lines Get A MF, Olson Co, and Seattle to Nat. It records activities at Port and Harbor, with vessels and times across lines and ports.
MENTIONED IN THIS ARTICLE
Amer
Taman
Mamie Vases
Norrow
Tron
Olver Toten
Tampa Tranemarine Kav
Pet
Jeortols
Olson Co
Indetinie
Seattle Terrax
Nor
Raeel
Markets at a Glance for New York and War Time Highs
New York market report notes uneven trading with modest highs and lows amid wartime conditions. Analysts cite supply concerns and inflation pressures shaping daily price moves across commodities and stocks.
MENTIONED IN THIS ARTICLE
New York
Ody Brocka
Rainal Wen
Also Mentioned on This Page
Dow, Jones
Ot & Co
Bonde Coeseen
Aes
Ammet Riordan
New York ‘Stock Exchange
Tata
Jaoo Centimaind
Haliburton Lami
Walworth
Jars Inc
Woolworth
Zane
Chicago
Dalable
Akin Shorn Fei
Catton Market
Naan
Fithoegs
Matas
Timea
Aimee Teuphyn
Kes
Wales
Arade
Setiorr
tPurmiuned
Wy National Association
Ceaters, Ime
Gunarea & Baues
Ld Aus
Ates
Orl
Pine Wal
Briama
Sleaeng
Ie Monte
Tnauthiat Rayom Corp
Pine Mont
Wattguiner Welle Corp
Nina Monina
Parks
Withington
Thrat Monthe
alingsRley Corp
Tomes Welant
Tune Enenthe
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