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This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Aug 06, 1957
Page
13
New York stock market extended its losses in late trading with many pivotal stocks down seven to two points. Only a few issues rose, metals oils and steels weakest while motors barely changed as investors digested copper price cuts by Philip Dodge and Kennecott and a wide inventory shutdown at Brawback.
The fragmented text describes livestock pricing, sow and steer values, weights around 2 100 pounds, and price movements with figures like 50 cents lowers and top bids around 24.00. It notes lighter weights and weaker demand in places, plus mentions of cattle hams, standard and heavy loads, and references to market tickers and a 2023 date.
The New York Stock Exchange reports today's closing prices across major sectors with key indices showing gains and losses. Traders, investors, and institutions monitored volume, price movements, and notable upticks in blue chip stocks and financials.
The page details Dow Jones industrial and broader market activity with highs lows and closes for Industrials utilities and rail stocks. It notes gains and losses among major components and mentions the American Stock Exchange in quiet turnover with bond movements and overall market sentiment.
A garbled report describes cotton futures easing as New York and New Orleans exchanges respond to weather, demand, and government price estimates. Traders face lower midday levels, with late-session quotes showing declines and unsettled sentiment across the market.
Treasury record notes cash values and dates with figures such as 5850.98 and 3800.50. Mentions names or terms like WAYNE and Yen year end entries. Contains fragmented OCR text reflecting a financial ledger item from a fiscal year period.
In a brief Press Telegram item dated August 6, 1937, Pease appears in a local court call area with Tolesdey noted, reflecting routine docket activity and scheduling for that day. The note emphasizes court process rather than outcomes.
An insurance agent position for district manager shows required strong sales performance. The listing notes the Hemlock area contact at 6-8275 with Gil Harknestna Agency for details and application.
Adlai Stevenson returned from a three month trip abroad and praised the Marshall Plan's impact in Europe. He expressed optimism for Africa and pledged to stay in New York through the coming weekend.
Fragmentary text references investment details and charges but lacks clear names dates places or concrete actions. The readable bits hint at financial information or charges within a broader report. No distinct entities or events are identifiable for a complete summary.
The Board of Directors of Sea board Finance Company declares a regular quarterly dividend of 3 cents a share in Common Stock, payable October 10, 1957 to stockholders of record September 29, 1857. The directors also declare regular quarterly dividends of $1 on the $4.75 Sinking Fund Preferred Stock and $1.25 on the $5.00 Sinking Fund Preferred Stock, payable October 10, 1987 to record September 18. Edward L. Orson, Secretary.
Local permits list a variety of construction plans and contractors. Projects include additions, alterations, and new structures with estimated costs ranging from a few thousand to nearly fifty thousand dollars. Named firms and individuals appear, such as Reagan and Telauly, Geneizertian Co, Donnia, Peter Molshipen, and John Ward, among others, with sites in multiple streets and blocks.
A booklet from E F Hutton and Co outlines market terms, buying and selling basics, and services for beginners and experienced investors. The pamphlet references the New York Stock Exchange and other leading exchanges, with contact details at 3 Ollie Throw the Mather, Broadway, Long Beach.
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