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Newspaper
Austin American
Location
Austin, Texas, United States of America
Date
Apr 22, 1950
Page
7
Police report the theft of more than 200000 in negotiable and non negotiable bonds from the vault of Maytor McKinley a Los Angeles mortuary chain owner and head of Constitution Life Insurance Co The loss was noticed at a birthday party when stock and bond talk arose.
Texas and Chicago livestock reports show calves firm to higher while stockers and yearlings ease in weight classes. Cattle sales mixed with steers and yearlings down, calves up, hogs steady to lower, sheep firm to weak, and goats uneven amid ongoing demand.
A thin gasoline powered plane crashed near Wichita Falls on Thursday. A caller reported the wreck by phone and two ambulances and state police responded. The aircraft was described as a pint-sized model not large enough to carry a passenger.
In New York on April 21, Radio and television stocks posted gains amid heavy profit taking as the market ended higher by about three points. Rail and automobile shares rallied late, while low priced issues also performed. overall turnover reached 2.71 million shares with the AP 60 average at 76.2.
Cotton futures rise to seasonal highs in New York and New Orleans amid strong demand and short covering. Traders cite potential replanting in the Southeast, cool belt weather, and federal controls as factors lifting prices. Spot markets show gains with improved demand and higher middling quotes across the region.
Claire Trevor, starring with Fred MacMurray in Borderline, expresses pride in her Oscar for Key Largo. The actress notes her five year old son affectionately calls the statuette Mom's monument.
Armour and Company announced rapid expansion of ACTH production to meet hospital demand. President F W Specht said output has increased 30 times original rate and prices may drop from about 210 to 100 dollars per gram by May 1. Specht projected further growth and development of long-acting ACTH for broader clinical use within months.
Government purchases boosted soybeans to fresh seasonal highs with old crop May and July contracts leading gains. Weather-driven demand supported cash markets across wheat corn and oats while lard held steady amid limited rainfall in the Southwest.
Two muddy pistols found by Ellis County farmer Joe Denek near Ennis are named by Sheriff Bill Decker as first tangible clues in the slaying of Edgar J. Lee Crawford, 30, of Dallas. The 38 and 44 caliber pistols were recovered as Dallas police work with Ellis County officers. Bullets from Crawford’s nine wounds will be ballistics tested at the Texas Department of Public Safety in Austin.
Elizabeth New Jersey April 21 Fireman Francis W Seery an ardent baseball fan missed the television broadcasts of the ball games Friday He was on duty as switchboard operator at headquarters Thursday night when his wife called with Whatll I do now the television set s on fire Seery dispatched firemen to his home and the blaze was put out with a hand extinguisher.
Portland experts flag a dangerous rise in Columbia River Basin water this spring. At the 13th annual Water Forecast Committee session they warned high water levels are likely under many scenarios, with weather through May increasing the risk.
HARLINGEN April 21 a hissing sound from R L Rosenthal's barn led to a three foot alligator found under the washhouse floor. Woodrow Warble captured the reptile with a clothes line noose.
President Truman sent the Senate a supplemental appropriation request for the Justice Department for the coming year. The package includes 750000 dollars for a new jail in Anchorage Alaska and other funding measures.
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