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Newspaper
Austin American
Location
Austin, Texas, United States of America
Date
Apr 06, 1949
Page
5
Chicago and Fort Worth grain markets mixed as CCC purchases and export demand supported wheat and corn while lard and related fats slipped. Board prices fluctuated amid morning caution. cash grain and futures showed modest gains and varied with regional reports from Kansas City and Chicago.
Trading on the New York floor shows uneven demand with shares trading around even as certain sectors slip. The session features Vultee and related aircraft stocks moving within narrow bounds while several oil and utility names drift. bonds hold tight and foreign exchange quotes list modest shifts for Britain, France, Italy, and Mexico.
Cattle calves and slaughter classes show fair to strong demand in San Antonio. Stocker cattle rise to about 20.50 per head, mature stocker bulls around 20 dollars, with butchers and sows lifting about 50 cents. Heavier weights near 180 to 200 pounds fetch about 19.75 dollars, sow prices around 350.
At Fort Worth, April 5 cattle and hog markets show steady to higher bids for slaughter steers, stockers, and hogs with top hogs around 20.75 and stocker cows 16.00 to 26.50. Sheep sales include spring lambs, with ewes and pelts noted. Chicago reports sellable hogs about 7,000 with mixed gains and upper ends near 20.75, cattle around 14 to 16.50 for common rings, and calves 600 with high-choice trends.
A consignment of radioactive material from Britain's atomic energy plant was transported Tuesday to be dumped far out in the Atlantic. The Ministry of Supply said the total disposal is too small to harm fish or human life.
Sopastot market shows saleable and choice wool at steady to weak demand. High choice selections priced around 3 dollars per head. wooled varieties also noted with steady to weak values.
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