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Newspaper
Austin American
Location
Austin, Texas, United States of America
Date
Apr 12, 1950
Page
7
Yukio Ozaki the 91 year old former Tokyo mayor and donor of cherry saplings is due in the United States to view the trees he sent after Japan thanked the United States for Roosevelt mediation in the 1905 Russo Japanese War. He recalls propaganda and notes his long Diet service since 1890.
County Tax Collector Steve Heffington reminded property owners that May 1 is the deadline to assess property for 1950 county and state taxes and to claim the $3,000 homestead exemption from state taxes.
Fort Worth dispatch says a census taker avoided a confrontation by switching to fishing. He noticed fishing gear in the hall and struck up a conversation about the sport, calming the householder and securing the required information.
New York reports show cotton futures advancing as trade buyers and short cover boosts prices, with May contracts pressured by liquidation before first notice day. Weather and export prospects support a potential production decline, while dust storms and needed rains affect the market across Texas and Oklahoma.
In 1901 the Texas legislature contracted to place a Sam Houston statue by Elizabet Ney in the Washington Hall of Statuary and to install Stephen F. Austin by the Daughters of the Republic of Texas. The artworks were unveiled January 19, 1903. An appropriation of 3000 dollars later settled Ney’s payment, and the DRT assumed maintenance of the two works regarded as premier exhibits.
York April 11. A brisk selling wave hit the stock market with many leading shares slipping in heavy trading. The Associated Press 60 stock average fell to 75.5, marking the largest setback since March 30. Eight of the most active issues rose, while the rest sagged. Narrow gains and a late recovery limited overall losses as traders eyed the trend for a possible market shake-out.
Chicago bids show profit cashing reducing an early advance at the Board of Trade while deliveries of oats and corn remain active. Soybeans rise, wheat gains narrow, oats and rye slip, while lard moves modestly higher. Cash demand grows with mixed grain receipts and market readings through midday trading.
Moderate activity across cattle hogs sheep and goats with steady to firm prices. Slaughter steers yearlings 19.00-26.50, beef cows 16.00-18.50, canners 11.00-16.00. hogs 6.25-14.50, sows 13.00-14.50. lambs 20.00-25.00, cull ewes 5.00-7.00. calves 18.00-28.00. Steady demand noted in Fort Worth and Chicago markets with similar ranges for stockers and feeders.
An advertisement touts Grays Ointment as gentle fast acting mentholized relief for itching and skin irritations. It claims ease of spreading for comfort of affected areas and notes a history spanning over a century with a 50 package lasting weeks.
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