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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
Oct 13, 1958
Page
26
Stocks rise amid heavy turnover led by copper and nickel shares. Major gains in metals firms and key industrials, with widespread profit taking cited as market mood turns cautious.
Grain and commodity markets show renewed export demand while futures struggle. Wheat prices sag but corn and soybeans see mixed support amid policy chatter and holiday closures. traders note active volume in US steel, auto and chemical stocks alongside farm futures.
A fragment of market data shows Dow Jones averages and stock prices with notes on changes. The readable items mention price levels and indices, but details are incomplete due to OCR issues.
A scrambled OCR item mentions earnings, a 2d date, and a reference to the Qistanna Future Farmers of America convention. The readable fragments indicate a local report on an FFA event with financial terms, but key details remain unclear.
An obituary note reports the death of criminal lawyer Gladys Geiger after a Tone ines incident. Local officials and relatives mourn the loss of a noted figure in the legal community.
Holiday closures affect major exchanges in New York and Chicago while Canadian markets also shut for Columbus Day observance. The New York Stock Exchange and American Stock Exchange remain open. several commodity and futures houses halt activity.
Local voters hail a campaign to reject a 16 measure arguing wheels maintained by churches would intrude on cherished tradition. Reverend G C Schramm of the First Lutheran Church in Amboy supports opposition citing impact on education and worship.
In Crewe an immense canal breach caused by a rat burrow released millions of gallons of water, flooding seven miles and creating a 2 by 1 gorge on an adjoining field. Dozens of workers and earth movers were mobilized to repair the damage and restore the canal.
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