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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
Sep 27, 1960
Page
22
New York stocks fell for a fourth straight session as recovery efforts faded. Major groups slumped from small to large declines while steels utilities and chemicals declined. aircraft and some drugs and building materials rose. Trading remained choppy with late-day support fading to fresh session lows.
Monday closing prices on the New York Stock Exchange show transactions across the board with traders reacting to market shifts. Investors weighed tech and industrial stocks as market analysts noted cautious sentiment amid economic data releasing later in the week.
Trading in U S government and corporate bonds showed a downward drift while equities were broadly steady. The session opened moderately active but tapered, with 3,228 issues traded, 623 down and 38 up, 7 new yearly highs and 142 new lows. utilities and high quality issues fared best as overall losses deepened, and long term Treasuries edged higher while some convertibles slipped.
A dense page outlines fluctuating stock indexes and commodity prices with emphasis on the Standard & Poor's index, industrials, rails, utilities, and energy sectors. It notes Monday closing prices, annual fiscal year data, and general market trends, highlighting price movements across multiple sectors and notable exchanges.
Local delivery for March to May 1961 offered by a firm in Gamestown at 350 Long Beach Blvd. The notice emphasizes immediate factory delivery options and investor involvement.
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