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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Apr 14, 1959
Page
22
New York stock exchange close shows modest gains on select shares as trading ends. Investors note cautious sentiment with tech and energy indices contributing to the small advance.
New York stocks gained modestly as electronics chemicals and rails led higher trading. Major issues rose fractions to several points while drug makers fluctuated on profit taking. IBM jumped about nineteen points and Kennecott, American Smelting, Republic Steel, and other industrials posted solid gains amid a broad market lift.
The market summary notes mixed activity with uneven price movements across industrials, utilities, and rails. Treasury bonds and corporate issues show narrow ranges, while some stocks edge higher in a quiet trading day, signaling cautious investor sentiment.
The snippet lists Standard & Poor's 500 stock index components with figures for highs lows and closes. It references categories such as Industrials Railroads Utilities and HM Stocks with scattered numbers like 60.67 59.96 60.45 and 4.12 36.0B-95.61 39.98 37, indicating intraday values and volumes though details are incomplete.
A dense OCR from a livestock market page notes cattle and calves values, with Jersey, Angus, and other breeds referenced. Prices for various weights and classes rise and fall, including calves and yearling steers and heifers, and wholesale figures from Chicago and New York markets.
Washington dispatch reports Mrs Sulla Keeney a Connecticut Republican national committeewoman died Monday at 69 from a heart attack. The veteran party figure had served since 1950, aiding campaigns and outreach in New England. Her death prompts tributes from colleagues and party leaders.
Federal news service notes unchanged citrus prices amid mixed trading in Los Angeles and surrounding markets. Reports indicate steady levels for oranges and related produce as growers and distributors monitor demand.
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