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This newspaper page contains 10 articles. Subscribers can read the full text of each article.
Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Apr 01, 1960
Page
9
The New York stock market moved at a crawl with few strong moves. Polaroid led declines, while Zenith Philco and Motorola gained, Goodyear rose, and other majors showed modest fraction gains and losses amid a generally slow afternoon session.
The market shows mixed moves with industrials leading gains while rails and utilities slip. Major exchanges report scattered advances and declines amid cautious investors, with corporate and treasury issues influencing the drift on a subdued session.
Amid sweeping market volatility, investment trusts face sharp declines as analysts cite instability in foreign aid and commodity sectors. The report notes large holdings by major funds such as Eye Celco and General Capital, with bids for key assets eroding.
The day’s report surveys grain markets and foreign exchange rates with figures for Great Britain, France, and Hong Kong. It notes Treasury and appropriations discussions in Washington, including a proposed cut to aid packages for allies, and provides mixed commodity prices and credit indicators from various centers.
Former naval officer Herbert Watson Taylor retired admiral and aircraft carrier commander who served in World War II battles Tarawa and the Philippines Sea, died at his home in Richmond on Thursday.
New York Herald Tribune carries a full page Dominican Republic ad denying trials were rushed or illegal. It accuses uninformed U S citizens of meddling and urges focus on domestic problems instead.
Erratic U Cotten futures and corn prices show small moves with July and October contracts quoted. Prevailing quotes indicate slight declines from prior close as markets digest limited activity and nears term deliveries.
A fragmented OCR notice shows building permits in Tennessee with figures like 7 202, 22 05 and references to contractors, surveyors, and firms such as Pecan Inc and Fite Construction Co. The text mentions addresses or lot numbers and a central area near 49M Faculty, but the content is garbled and lacks clear dates or complete names.
Reads as a fragmentary market note from a Citrus region, listing figures and items such as oranges and wines. Includes scattered pricing and seller names, but readable details are incomplete and jumbled. The piece hints at transactions and estate concerns without clear context or full sentences.
Markets at a Glance reports fluctuating activity amid mixed signals as traders assess early gains and soft data. Analysts caution about volatility while investors weigh technology and energy shares amid shifting expectations for policy and earnings.
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