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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Aug 26, 1957
Page
13
New York stock market extended losses after a brief rally attempt faded in the afternoon. Notable declines hit motors and oils while chemicals, aircraft, and nonferrous metals mostly fell. copper managed a slim gain amid softer price reports and weaker demand.
Abbreviated notes detail cattle and poultry listings, prices, and stock descriptions. Mentions include steers, butter, eggs, beef, and live poultry, with mentions of vendors and regional pricing cues. Unclear OCR yields scattered terms and numbers across livestock types and market activities.
Wall Street activity shows mixed action with Dow Jones averages and various tickers. Traders weighed notable gains in machinery and declines in Caterpillar Boeing General Motors and Pennsylvania Railroad amid generally uneven bond and convertibles trading.
A freight train and a work train collided in Atlanta yards, killing four railroad workers and injuring another. The dead were identified as Carl F. Ricks Raymond P. Daniel Roy E. Morgan and DeWitt G. Blackstonks, all believed to be railroadmen. The crash involved a string of about 50 freight cars and a work train car, with a Nal car striking the worktrain. The incident remains under investigation by authorities.
The report provides a brief snapshot of the Standard and Poor’s 500 index, listing figures such as close, change, and assorted sector labels. It references industrials and railroads with numerical tokens and prices, reflecting a fragmented OCR of a historical financial page.
The North Atlantic Treaty Organization council met to review Western disarmament proposals. Officials declined comment on progress. Soviet Union deemed the plan unacceptable unless three measures, including permanent conditions such as German reunification, are met.
A fragmented Los Angeles citrus market update lists varieties like Ruby Reds and Sunkist with pricing notes and unit counts. Disconnected phrases mention districts, deliveries, and a reported division among California orange growers, creating a jumbled market snapshot with few clear facts.
New York Associated Press reports today that overall commodity prices declined. The decline followed a prior week’s gains with staples and bulk goods showing weaker levels across the board.
SYRACUSE N Y UPI A railroad overpass collapsed into a busy street after 34 railroad gates jumped tracks Sunday A signalman was killed No other injuries were reported The New York Central Railroad said the cause was not determined immediately Syracuse police said the 160 car train bucked as it went over the bridge Most of the derailed cars were loaded with coal Cars and coal were spilled in all directions
A seismograph at John Carroll University logged a moderate earthquake at 7 39 10 a m EDT likely centered near southern Peary Father Henry F Bickenhauer reported the event uncertainty noted but the reading confirmed.
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