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Press Telegram in Long Beach, California

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Press Telegram

Location

Long Beach, California, United States of America

Date

Jun 17, 1958

Page

6

Stock market climbs to new 1958 high in brisk session

New York equities extended gains in late trading as investors, aided by mutual funds and institutions, pushed many stocks higher. Du Pont surged briefly by several points before trimming gains, while long term bonds showed reactive movement amid the broad rise.

New York du Pont American Airlines American

New York Stock Exchange Closing Prices Mixed

Trading on the New York Stock Exchange closed with mixed prices as listed securities showed varied gains and losses. Notable figures included several blue chips and industrials ending the day with modest shifts while speculative issues moved differently amid market activity.

Industrial stocks drive mixed Dow Jones market report

The Dow Jones averages show mixed movement with industrials leading gains. Chrysler and Allied Chemical advance while US Tobacco dips slightly. Steel, motors, and general manufacturers rise, with fractional gains for Bethlehem, Republic Steel, GM, Ford, and others amid a varied trading session.

Chrysler Allied Chemical Eastman Kodak Tobacco Steel and Motors Bethlehem Republic Steel Youngstown Lakers General Motors Ford Magma Anaconda Phelps Dodge International Nickel

Market summary: equities rise as bonds edge higher

Chicago market report notes mixed gains across sectors with industrials and utilities showing strength while bonds firmed modestly. Wheat and grain futures retreat amid softer corn, with foreign currencies fluctuating and investors watching corporate bonds and equity counters for direction.

Grain Market Prices and Totals Reported

Grain market figures include butter eggs and poultry with values noted for various lots and dates. The report lists totals such as 333,000 and 12,748,000, alongside references to entities and locations, though the OCR text is heavily garbled and some figures unclear.

Angeles Jung

Stocks and Cotton Markets Show Mixed Movements Across Exchanges

The American Stock Exchange reports varied closing prices with gains in some names like General Foods and Packard, while declines appear in others. Cotton futures in New York show firmer prices on slower demand, but overall market sentiment remains cautious amid ongoing crop and weather developments.

Eee Amerada Texas Co.rpse Sinclair Royal Dutch Douglas Aircraft International Harvester Baltimore & Ohio Johns Manville American Stock Exchange U. S Dow York UF Turket Wes General Atari Bengin Ind New Orleans Penrany New York Sachaane Service Dale Tugner

Foreign Exchange Rates and Currency Movements Summary

A fragmented report lists various currencies with scattered values and changes. It mentions Great Britain pounds, US dollars, and several European nations with notes on minor shifts, unchanged rates, and partial figures across markets in New York and across Europe and Asia.

Great Berlin New York Eunipe Great Britain Pound France Ranc Germany Ceutache Maz Guider Irona Witaerend Gane AMERM Argentina Brey Venexues Neitvar Far East Hong “Kong

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