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Newspaper
Austin American
Location
Austin, Texas, United States of America
Date
Apr 18, 1950
Page
5
April 17 Fort Worth scene notes cash grain demand uncertain for cash grain. Receipts listed for wheat corn oats and sorghums with modest car movements announced. Grain exchange quotes show bids and offers around a broad range with prices and grades indicated for mixed feeds and yellow corn.
New York April 17 AP Cotton futures moved irregularly in slow trading with a late rally from local and New Orleans traders. Prices closed 10 to 60 cents higher as old crop months were supported by covering for export business, while near May futures liquidated slowly before first notice day.
Slaughter steers and calves rise at the Bexar market with gains for yearlings and calves up to 1 dollar. Cows advance to 80 cents higher, bulls firm, stockers steady. numbers weighed 2,000 cattle and 1,500 calves with active trade and varied weights, lambs and sheep also showing steady to higher bids.
The market showed broad gains and new highs amid mixed volume as the AP average of 60 stocks hovered around 76.1 with utilities and rails edging up while the industrials slipped slightly. Traders eyed steel and motors amid a general buying mood, while bond markets and government securities varied.
Inside the Ford Dearborn plant 7500 workers study at a large industrial learning campus likened to a university in shirtsleeves. Trainees begin at Henry Ford Trade School or other trade schools and progress through on the job and classroom teaching while earning and advancing. The program supports greater earnings, job security, and stronger team spirit, fueling Ford’s talent pipeline and national industrial know how.
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