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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Sep 16, 1958
Page
13
Market snapshot shows mixed Dow Jones numbers with small gains and declines across several sectors. Data includes indices around 4317 to 436.6 with notable movement in rail and utility averages, reflecting varied investor sentiment on Tuesday.
New York S and P index shows highs and lows with closing at 5285. A 25 railroads at 29.62 percent, utilities at 35.27, industrials around 4888 to 4995. The brief table outlines sectors and their performance figures in a compressed quote-style listing.
New York stocks surge with oils leading gains as several sectors rally. Oil issues jump while Motors and Steel share in broad advance. notable risers include Guilt Ol, Socony Mobil, Royal Dutch, Texas Corp, and Standard Oil NJ as trading intensifies on heavy volume and optimism.
The American Stock Exchange opened higher with most sectors rising, led by gains in American Telephone and Ford and Caterpillar. Central Rail of New Jersey tumbled after a disastrous train wreck, while Reynolds Metals, Southern Railway, and Lorillard posted notable advances as the market moved toward record highs.
A dense, OCR heavy snippet covers varied market items and entities. It references Pacific Coast Exchange, insurance, livestock, foreign exchange, and commodity pricing with scattered figures. Names include Chicago, Great Britain, Monad firms, and several commodity terms. The text mixes stock, meat, grain, and oil prices with unrelated fragments, yielding an unclear financial snapshot.
Regions show mixed futures as July reed indicates light trading. Slaughter cattle prices hold steady with tops around 28 dollars while feeders and dairy notes drift. hogs trade modestly and grain futures edge higher on light activity. Los Angeles and Chicago reports reflect slow cattle trading with bulls mixed and commercial cows active. Major foreign dividends and currency notes appear alongside varied commodity quotes from corn to soybeans.
Treasury report outlines citrus market valuations and staple price trends with figures including 6.245,500 and 5% S2.059,695,228.58. It also mentions OPAP Kes xg2v4 485, S55,120.14, and totals like 12.019, 251,072 8,916,515.87. A note covers grain prices for wheat, barley, and flour, alongside general commodity movements.
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