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This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Mar 11, 1958
Page
11
On the New York Stock Exchange the market saw gains amid brisk turnover as prices closed higher across leading issues. Investors shifted into blue chips with notable advances in industrials and utilities while rails and tech showed mixed results.
Dow Jones averages edged higher with several names gaining about a point including Polaroid, Gulf Oil, Bethlehem Steel, and United Aircraft. Several firms such as General Motors and American Telephone posted modest bumps while others remained steady as tech and chemical groups showed mixed moves amid a quiet trading day on the American Stock Exchange.
AAP stock activity shows mixed gains and declines across sectors with industrials and bonds trading unevenly. The market paused near key levels as investors weighed a potential tax cut against unemployment concerns while foreign shares advanced on cautious optimism.
The Standard and Poor's 500 stock index shows mixed figures with high low close and change notes. Railroads and utilities are listed with scattered numbers, including values around 23 and 34, reflecting brief market activity.
Fragmented OCR shows mixed terms on butter eggs poultry and grain with garbled references to grade values and prices. The readable bits mention New York bond market context and consumer pricing notes, but the fragment lacks coherent events or outcomes to anchor a clear summary.
Grain market notes tentative demand for hard white wheat with a slight export resume. Trade references a large remaining export quotient and prices easing with cautious activity amid market uncertainty about shipments and futures.
Fragmented Treasury note appears to recount a routine balance, listing figures like 2,316.503 and 109.501, with garbled place names and names partially unreadable. The text resembles an internal ledger page from a government office, lacking coherent sentences or clear dates or recipients.
A notice invites readers to mail a request for free information on an investment program. It promotes no fees for materials and targets individuals seeking to learn about the program's structure, benefits, and requirements. No names or dates are provided in the readable text.
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