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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
May 03, 1957
Page
14
The report summarizes closing prices on major exchanges including New York and American Stock Exchange. Industrials show notable activity as investors react to daily trade data and market momentum.
The market drifted from a high late in the day as investors trimmed gains after a brief breach of the year's peak. Volume around 2.4 million shares, with rails leading the rise on news of a 15 percent first class fare increase while chemicals and steel movements were mixed and several blue chips fluctuated.
Pacific Coast Exchange Wen of Securities Dealer Lar is noted as a development in regional finance, with officials outlining a possible review of trading practices and regulatory compliance to reassure investors and strengthen market integrity. Local business leaders urge caution and ongoing oversight.
Fragmented OCR excerpt outlines livestock dividends and market terms with figures like 38, 310, and 24,590,000. Mentions may include futures timing May 17 to 25, per-unit values, and price references such as 33.04 and 33. Notable entities are unclear due to garbled text. event appears to cover a sale or dividend timeline and pricing shifts in a rural market.
Foreign exchange markets show mixed moves with the Canadian dollar firming in New York to 97 32, while other currencies such as the Swiss franc and krone post minor gains. Brazil’s real and Argentina’s peso remain near unchanged as traders monitor US yields and commodity prices.
Market report shows oranges and lemons with rising prices as supplies tighten. Trade notes indicate buyers and sellers cautious amid fluctuating demand and ongoing market adjustments in the citrus sector.
Harbor Division officers arrested eight San Pedro juveniles after a morning school yard clash at San Pedro High School and a later fight at 12th and Gaffey. Two student groups used fence posts as clubs as more than 500 spectators watched. Principal Arthur Farnam and Principal Glen Miller helped disperse the melee. officials planned a meeting with church leaders to address the gang problem.
Nettie Craig, 54, of 16235 Ashley Ave in Torrance, was hurt when her vehicle ran off Rosecrans Ave at Aradia St and struck a traffic signal standard. She was transported to Community Medical Center in Compton.
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