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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Oct 25, 1960
Page
21
New York stock market ends lower after a faint rally attempt as tech and industrial shares weaken late. Traders note uneven volume and modest declines across the Dow and Nasdaq composite amid mixed corporate results.
The page shows volatile figures with mixed movement in the Dow Jones averages. Prices bounce between high and low marks with notable losses in key components, reflecting a tense trading session.
New York stocks ended the day lower amid waning trading activity and late Linder tape delays. International Business Machines led a modest advance while U.S. Steel and Republic Steel fell, and gold prices held firm or slipped in early London trading.
A fragmentary report mentions OI & Gas Co. and Associated lines with stockyard activity. The text references industry stockyard terms, a figure near 1 million from ration or credit, and past mentions of development efforts by state agencies. The readable pieces suggest a business or market note with unclear specifics.
The Los Angeles market column notes mixed activity in citrus with Sunkist Growers switching from December to near term, spot gains in some October prices, and ongoing trading tensions. Grain prices show scattered price movements while building permits reflect modest activity and contractor costs, with several named firms and individuals contributing to reports on futures costs and construction activity.
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