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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Sep 11, 1956
Page
17
Partial stock and bond figures appear with inconsistent formatting and unclear context. The fragment shows prices and changes for utilities and bonds, but lacks identifiable entities, dates, or a coherent narrative.
A chaotic OCR captures stock and commodity listings with mixed prices for cattle lambs and futures. The page shows closing prices and market activity from the New York Stock Exchange and American Stock Exchange, including livestock notes and general market summaries with numerous named tickers and figures.
A fragmented overview shows grains and livestock prices at regional dealers with wholesale and retail notes. The report cites Butter Eggs Poultry values, securities trading hints, and currency rates amid a broad stock market scan with mentions of major firms and exchanges.
New York stocks ended mixed with aircraft and steel names gaining while overall market drifted lower on fears of a Democratic victory and potential France Britain force use. Lockheed Grumman and United Aircraft advanced unevenly as utilities held steady and U S government issues moved little.
Fragmentary report from Market News service references California citrus stocks and prices with garbled figures. Names and locations are unreadable, leaving only a rough mention of market activity and some numeric codes.
Fragmentary text lists crops and terms including alfalfa barley hay and prices with distorted phrases and unreadable segments. No clear event date or identifiable entities beyond generic crop names.
Market notes report uneven cotton activity in early sessions with firm prices in late afternoon. Futures show May around 3.82 and July near 2.82, while new crop demand remains cautious.
The Agriculture Department projects the 1945 crop season with corn at 3.535 billion bushels and wheat at 938.9 million. The corn forecast exceeds last month by 419.7 million, while wheat rises 27.6 million above the prior figure. The estimates compare with ten year averages of 3.084 and 1.148 billion. Wheat faces production and marketing controls to prevent a large surplus.
New Fork markets show mixed signals as wheat remains firm while corn slips. Chicago notes steady wheat and softer corn as September futures ease, with small gains in cotton and soy crops. Prices hover near late session closes across commodities, suggesting cautious investor sentiment.
Stockholders of Topps Industries in Los Angeles will vote on Sept 10 on acquiring the assets of Heli Coil Corp of Danbury. General B F Gira, president of the Spinel Company, said the combined assets would total about 4 million dollars with annual assets around 10 million dollars. Heli Coil stockholders will vote on the merger later.
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