Dow Jones Averages See Industrials End Mixed
Frantic trading notes show Dow Jones averages with varied results as the industrials hover near recent levels. Bonds and other sectors display modest moves amid a choppy session.
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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Mar 01, 1957
Page
15
Frantic trading notes show Dow Jones averages with varied results as the industrials hover near recent levels. Bonds and other sectors display modest moves amid a choppy session.
New York markets opened with a small rise as UP-Aircrafts and other industrials gained modestly. The overall pace slowed through the afternoon with late gains led by aircrafts amid steadier footing in the eastern markets and mixed movements across rail and utility shares.
The American Stock Exchange saw gains as aircraft and oil stocks paced a modest market uptick. Major names like Republic Aviation United Aircraft Boeing and Douglas advanced, while Goodyear Zenith and Radio Corp posted smaller rises amid skittish trading and bond activity.
A long unreadable ledger of prices and quotes appears across the page. It mentions closing prices, stock figures, and various market indicators with numerous figures for commodities, bonds, and currencies. The fragmentary text names entities like Associated Press and multiple stock tickers, with scattered references to futures and dairy items.
New York markets show steady gains as spring apparel and home furnishings drive retail activity. Dun & Bradstreet notes strength in dress sportswear accessories and upholstery while appliances lag. Cotton futures and building permits indicate mixed momentum across sectors with notable activity in furniture and rugs.
The text presents a jumbled list of names, places, numbers, and phrases with no clear narrative. It reads like OCR noise from an old page, containing fragments such as dates, locations, and personal names interspersed with unrelated terms.
Union Oil Co reported net earnings of 34,200,090 for 1956, up 3.7 million from 1955. Sales climbed to 380 million, surpassing the prior high of 360 million, with earnings per common share at 4.45 dollars, two cents higher than the year before.
A Los Angeles bound Lark collided with a car late Thursday night in San Jose, killing the car’s sole occupant identified as Don’s Eyerly, a drayage company employee from Seq Jase. The vehicle bore a Toledo Gre registration.
Detroit article quotes U. and Chamber of Commerce president Caley and Burroughs Corp. president Coleman. They warn profits fell during 1950 to 1956 while national income rose by over 100 billion dollars. They link profit decline to slower growth and note rising consumer prices due to overextension of purchasing power.
Market at a Glance notes varied signals in wheat markets with March futures and Core Plem trends. Sidelined by remands and tech notes, analysts reference Citrus Marker 105 in Angeles and Sundey Growers Inc for pricing context amid regional and international price shifts.
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