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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Jun 14, 1960
Page
23
The press telegram reports today’s closing prices with a notable rise in losers on the irregular market. Market activity shows declines across several securities, reflecting cautious trading patterns at the New York Stock Exchange.
The New York market showed a tepid session with several sectors slipping while a few issues posted modest gains. Electronics and steel weakened as airlines, utilities, and paper shares softened. Ampex and Transitron recovered slightly, and overall trading remained subdued with mixed advances and declines across major industrials.
A fragmented report mentions the State Committee on Aged, discussions of stocks and bonds, and various individuals with titles. The piece weaves in references to UCLA, local figures, and a financial market context, though the text is garbled with OCR errors and mixed names, making precise details and outcomes hard to discern.
A special 100 member California group appointed by Governor Brown will shape the Governor's Conference on Aging to be held in Sacramento on October 3 and 4. The advisory committee, announced Monday, includes doctors, government leaders, clergymen, educators and lay citizens and will convene at the Capitol June 20 to prepare for the national White House conference.
The Standard and Poor's 500 stock index shows mixed readings across sectors with industrials at 61.39 and 61.80, railroads at 31.04, utilities noted near 22, and overall stock totals around 58.33. The data reflects changes in several categories including rails and utilities amid fluctuating market activity.
Chicago and New York markets report lower prices for certain commodities while exports and contracts show mixed movement. Averages indicate cautious demand as staple prices fluctuate and commodity futures reflect shifting sentiment.
The notice outlines multiple building permits and alterations across several contractors. Names like Shen tae Co renalr, Gime lee Sabo, and 3 1&5 Construction appear with project values around 2800 to 470, along with renovations and contractor listings. Glendale and Beaver area firms are referenced, detailing repairs, additions, and occupancy-related permits for various properties.
A reader recalls hearing a tip to subscribe to The Wall Street Journal and credits the paper with guiding tax savings expenses and new income ideas. The personal story claims annual earnings jumped to $11,000 after subscribing, and pitches a three month trial for $7. The ad promotes the Journal as a daily business paper with broad coverage from the Pacific Coast to Washington.
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