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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Sep 23, 1955
Page
19
Summary of market activity with Dow Jones Averages for Friday showing mixed moves. Industrial and utility sectors shift, rails and stocks reflect slight gains, with notable highs and lows in listed prices and percentage changes.
New York stocks rose today on the American Stock Exchange led by Chrysler amid strong motors and new oil news from Israel. Trading reached about 2.4 million shares with prices up in motors, steel, rubber, farm implements, aircrafts, and chemicals. Government bonds eased slightly as corporates showed mixed activity.
Grain market briefs show soybeans and soy products easing after a volatile period. Prices edged higher for soymeal and soybeans while other commodities, including corn and eggs, varied in late trading. retail channels and wholesale quotes reflect shifts across California and Los Angeles markets with multiple price points and freight factors noted.
The New York Stock Exchange closed with mixed results as major indices fluctuated. Traders watched energy and tech stocks while some blue chips posted gains and others declined amid ongoing market volatility.
Compton officials launch a four man dawn to dusk antirabies patrol through December to curb rising dog bites after 122 rabies cases this year, mainly in Watts and Willowbrook. County authorities report 21 cases at this time last year and warn pet owners to control dogs. more teams may be added if needed. In other news, Ray Dan Harris faces trial on bookmaking charges after a Municipal Court hearing. Police seized 48 betting markers and four bets found during a raid at 2116 Gaviota Ave. Harris admits involvement and will be arraigned in Superior Court on October 5.
Market notes show fluctuating citrus prices with references to Sunkist and various brands. Freight, packing, and wholesale terms appear alongside references to distributors and regional supply notes. Multiple figures and coding terms obscure clear totals but indicate price movements and availability across markets.
The record shows numerous building permits and contractor names including Whedes Co, Bellflower address 2160, Mtve. & Severson as contractor, Welton Béckel as architect, O. E. Mecown as apactsent, and Papi & Looksit at 210 Cher. Notable totals include 10 000, 19 300, and 124 000 for various projects. Multiple apartments, assembly halls, and renovation work are noted with firms such as Ernest FH. Frost, James My Fox, and Richanna Fox involved.
New York reports show a cautious cotton market with dealers noting limited buying and selling activity. Prices eased slightly from the prior close with December at 32.70 and March around higher levels as traders weigh export demand and Washington policy signals.
The Associated Press notes a mixed movement in staple prices with minimal changes across key goods. Market watchers report stable consumer costs while some durable items show slight upticks and others ease during the trading day.
A damaged OCR fragment shows scattered prices and identifiers, including numbers like 12 and 36, with unclear product names or vendors. The legible items are sparse and no full event or entity can be determined from the readable text.
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