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This newspaper page contains 17 articles. Subscribers can read the full text of each article.
Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Sep 08, 1953
Page
17
The financial page reports mixed activity with the Dow Jones averages showing modest gains and a seven 0vertime style note. Ritter & Co and other financial names appear in cryptic figures amid a day of fluctuating high and low readings.
After a three day Labor Day break the market opened with unusually low activity. Volume hovered near 750,000 shares as rails utilities and some commodities led gains while steels and refiners lagged. The American Stock Exchange held small gains and government bonds were mostly steady as trading remained subdued.
Daily close report shows active trading on the New York Stock Exchange with final prices across sectors. Key components include major indices, notable gains and losses, and volume leaders shaping the session's market tone.
Fragmentary OCR noting securities, servriltes dealers and market words. Reads as a rough ledger line with tangled terms and no clear event or date. Content insufficient for a full item but hints at grain market trading and price mentions.
A reflective market roundup shows varied trading in Los Angeles area stocks with several well known names advancing while others retreating. Trading data emphasize fluctuations across sectors as investors weigh corporate results and macro signals amid a volatile session.
An obscure OCR fragment notes price trends for staple goods in a local market. It references consumer costs, market activity, and potential inflation signals, with unclear dates or exact items due to damaged text. The readable portions indicate generic price movement discussion without specific figures or vendors.
Fragmented financial update shows several companies posting six to nine month results with varied figures in cents and dollars. Notable items include Ryan Aeronautical, Keystone Steel, Frieere Air Freight, International Harvester and Atlas Plywood, with differing comparisons to prior periods and mixed gains and losses across the quarter or six month spans.
The Faieral jStmie Market News Service reports steady citrus with lemons slightly higher and oranges weaker. Prices for cartons vary, with Sunkist offerings and several listed lots. auction markets in California show oranges slightly softer and bids mixed.
The report lists daily exchange movements for major currencies including British pounds, Canadian dollars, and several European and Latin American currencies. It notes small changes such as the British pound premium and mixed movements in futures and spot rates across France, Portugal, Sweden, Denmark, Argentina, Brazil, and Venezuela, with most items unchanged.
iGotton Market NEW YORK LP Colton futures moved lower amid scattered selling as traders cited near term softness and scale down mill buying. USDA foresees a 13,159,000 bale cotton crop. futures closed about 40 points below the prior session. Market notes show activity mixed with spot prices largely unchanged and bids subdued.
Markets open with mixed tones as grains show uneven shifts. Wheat remains firm amid cautious trading in Minneapolis and nearby hubs while corn steady and oats soften. Prices hover near earlier levels as traders weigh new data and demand signals.
The Agriculture Department forecasts this year's cotton crop at 13 158 000 bales of 500 pounds gross weight, 554 000 bales above last month's estimate. If a crop of 12 000 000 bales or more occurs, production and marketing controls could be invoked. Benson has until Oct. 25 to decide.
A 1952 treasury report shows balances and expenditures with figures in dollars and cents. Readouts include balance amounts around 6.0 billion, fiscal year totals, and various budget lines with large multi million figures. The OCR fragment lists several numeric totals and departmental entries from the annual statement.
Hay prices at the federal state market show Wobarle 34509 at 29.80 per unit. Nod oats quoted around 39.899 51,00, indicating current market shifts in agricultural commodities.
Austin C Kneteger, manager of the St. Louis Team and Truck Haulers Association, plans a one day return of ox teams for a parade in St. Louis on Sept 23 to showcase premodern hauling gear at a national cart age firms conference. He has not found a pair of oxen or a cart.
Dr Robert H Cusack reported a masked bandit lured him to a street corner by claiming his wife needed help The gunman dressed in neat clothes demanded morphine and also took nembutal and other capsules from the physician The incident occurred Monday morning as the doctor stepped from his car at the appointed corner
Detroit based iAutomotive News reports that national new car sales are dropping slowly with wide regional variation. Dealers note harder closings and many buyers already purchased in 1953, while inventories rise and campaigns to reduce backlog begin.
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