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This newspaper page contains 19 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 17, 1954
Page
17
Stock indices show modest declines as traders delay major bets amid unclear economic signals. Analysts cite light volume and lingering uncertainty, with tech and financials leading losses while defensive names hold ground.
New York stocks climbed to fresh highs as major sectors advanced and oils and rubbers led late session strength. Trading volume reached about 2.2 million shares with active interest in industrials and utilities while rails and certain commodities drifted. The market showed continued hope for improvement, supported by profitable investor activity and mixed bond readings.
The report lists today’s closing prices on the New York Stock Exchange across major sectors. Trading ended with notable activity in industrials and utilities as investors assessed market momentum and economic signals.
The New York garment industry shows renewed ordering as stores bring in volume and raise purchases by up to forty percent from a year ago. Chains and mail order houses report August sales solid, while some warn of a potential downturn. Experts note retailers are reordering to fill understocked items and avoid shortages, with cautious optimism about a possible demand surge.
A San Pedro naval supply worker was arrested after a two car crash that damaged a street lamp and a telephone pole. Moses, a seaman, collided with another vehicle near 12th Street, forcing one car into the curb. He received medical treatment as police processed the scene and arranged transport to Receiving Hospital.
Two boys aged 10 and 11 were in juvenile custody after skipping school, stealing eight penknives, and slashing tires of nearly 100 downtown cars. They cited anger over extra math problems as the motive.
Los Angeles market pages show commodity and stock listings with names like Union Bank, Chase, and Standard Oil among many movers. Investors react to global rate cues and domestic data as banks, utilities, and industrials place bids and pries shift through the day.
A jumbled OCR passage lists multiple entities including General Motors, Gladding McBean, Lincoln Belb, and Edison, with scattered references to petroleum, manufacturing, and finance firms. The text mixes company names, locations, and percentages, creating an unclear snapshot of an industrial or corporate notices page.
Cotton futures showed uneven moves as mill buying and cover activity supported near positions before hedge selling pulled prices back. Demand for December and August intake was mixed, while inventories fell across levels. In Washington, inventories slash persists with delayed reordering likely until cooler weather boosts apparel demand. Oil industry ties linger, but Buena Park camp notes local charity support and regional producers backing youth programs.
The Federal State Market News Service reports oranges holding steady with limited price changes. Observations note minor shifts in carton counts and status at several markets, with imports, contracts, and auction activity affecting overall tone and expectations.
Treasury document outlines fund balances and year end figures including total debt, receipts, and expenditures. It notes statutory limits and presents various numeric aggregates such as total assets and obligations, with references to fiscal year figures and reported percentages.
Stanton police report three men injured when a car sideswiped another and left the road into a ditch on Cerritos Avenue west of Rose Avenue at 2 40 a m. Robert C Meza 27 of Cedar Street Ramon Z Rodrigue Rose and Gilbert Galarza 23 of Gak Street sustained injuries while Manshu Okada 82 of Katella Avenue escaped with minor injuries in the crash.
Two women were hospitalized after scald injuries at home. Connie Caul, 35, stepped into hot water causing second degree burns. Captain Maile Ralff, 65, suffered facial burns when a stove gas explosion occurred while lighting the stove. Both were treated and released.
Police and ambulance responded to Broad Ave and E St for a reported crash on Thursday night. A young woman driver allegedly misjudged a corner and struck a light standard, throwing her from the car. Her male passenger fled the scene, and later fled back to help.
John Vargas, 31, of 506 WF St, Wilmington, died from injuries after falling from the rear of a pickup truck driven by Alfred Felix, 312 Lagoon St. The accident at Bay View and Six caused Vargas to fall to the pavement. he later died at Seaside Hospital. Police say the driver reported the incident late.
A 12 year old boy at Jordan Hiely School was injured Thursday night when attempting a back flip from the high diving board. He struck his head on the board edge and suffered a deep skull laceration. A city juvenile car drove him home and he was treated by a private physician.
Paris premier Pierre Mendes France will head the French delegation to the United Nations General Assembly opening in New York next Tuesday, the government announced.
A garbled dispatch reads like a street level list of addresses and faint incident notes tied to an ambulance call. It hints at a fire department response near Orizabe Avenue and Seaside Boulevard with mentions of locations such as Willow Street and Alemitor Avenue and other scattered identifiers.
Fragmentary OCR item lists prices and weights for hay and related grain products. Mentions amounts like 20.00 and 28.00 in unclear units, plus references to bale and load quantities. Readable items include weights around 25000 and 60940, with scattered numbers and abbreviations.
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