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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Sep 16, 1957
Page
15
In a weak session New York stocks showed broad declines led by copper and steel shares. Kennecott and Lockheed fell, main indices slipped with minimal rally. volume reached about 3.2 million in one division, while overall activity remained lackluster.
The Chicago cattle market showed varied activity with prime steers and heifers trading unevenly as buyers weighed feed costs and local supply. Prices hovered around mixed levels with several lots and feeders noted in regional listings, while stock indexes reflected broader market shifts and a softer broader demand.
Grain traders report price movements in wheat and soybeans amid variable weather and futures activity. Market notes mention speculative interest and partial price shifts across futures, with traders watching overseas indicators and local supply signals for next settlements.
The New York Stock Exchange closed today with mixed activity as traders reported modest gains in key industrials and declines in several speculative issues. Volume reflected cautious trading as market participants awaited economic data and corporate updates.
Fragments from an American Stock Exchange page list numerous company names and tickers with scattered prices and notes, including ABLCON, Amro, Thiokol, Rio Gr, Fortified oils, and various regional firms. The garbled OCR hints at a dense market summary with closing figures, sector tags, and a general sense of fluctuating activity across many sectors. The scrambled text references a 1 year cap of $47,000 and mentions multiple place names and entities, indicating a broad, chaotic snapshot of closing prices.
Fragmented OCR of cotton market notes from New York reporting wholesale prices and trading tone. Mentions weather, prices, and dealer activity with numerous garbled entries and stray names, dates, and figures. overall content centered on commodity pricing and market mood.
A weather advisory states Hurricane Carrie remains offshore and should stay east of the U S mainland for the next 24 hours. It is moving northwest at about 12 miles per hour with a more northerly turn anticipated later, keeping landfall unlikely.
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