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Austin American in Austin, Texas

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This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

Austin American

Location

Austin, Texas, United States of America

Date

Apr 29, 1949

Page

2

Two mine attempts report on the Steel Admiral voyage

Boston April 28 Two attempts to sink the Isthmian liner SS Steel Admiral with land de tonated mines in the Saigon River were reported on arrival. A blast 30 to 40 feet off the starboard bow on Feb 23 followed by a second explosion five seconds later rocked the 8000 ton freighter. The ship carried war surplus for the French Army and crew found no hull damage. A March 16 fire in the electrical shop raged briefly aboard during a Singapore stopover. The Steel Admiral completed a four and a half month Far East cruise.

Boston Saigon Indo-China Norman Magill Magill Singapore Far East

Lazy Selling Drags Stocks to Session Lows

Languid selling pushed the New York stock market lower on a one way session. Volume slid to 770000 shares as most industries closed near the day’s bottom with only a few pockets of strength among a handful of issues.

New York Associated Press Terea Wistom Steel Ee Cope Ens Sone US Steel S Steel Ublic Follansbee Wenates Otors DuPont Chrysler Studebaker Firestone Montgomery Ward Sears Roebuck Douglas Aircraft Colorado Fuel and Iron Western Union Phelps Dodge American Can General Electric Dow &Emical Radio

Heavy selling hits wheat prices on the Board of Trade

Persistent selling pushed May wheat down as much as 8 cents and pressured corn oats rye lard and soybeans with large deliveries and stop loss exits noted. By close wheat was down about 3 to 4 percent and other grains and fats followed suit amid fears of government stock and new crop movement.

Chicago Board of Trade Swarenes Astern Commission Raders Kansas City Commodity Credit Corporation Yes

Cotton Futures Slip On Liquidation Amid Lower Grain Prices

Cotton futures eased in New York as selling accelerated on light deal flow and expectations of a lower mid April parity. Prices fell across the board with nearby and May contracts moving down while spot market demand waned and new crop outlook weighed on confidence.

New York Setacay

Cattle and hog markets steady across Texas and Illinois

Livestock markets report mixed steady to weak trade. In San Antonio and Fort Worth cattle mostly steady with light ranges, hogs generally steady to down slightly, sheep and goats mixed with lambs and ewes showing modest gains and declines. Illinois hogs and cattle show similar softer trends with lighter weight and heavier cuts fluctuating.

San Antonio Fort Worth USDA

GOP to Hold Parley on US Agriculture

A Republican Party conference on agriculture will be held in the Midwest probably early next fall. The agriculture sub committee of the Republican National Committee met with House and Senate agricultural committee members and approved the plan.

Washington Republican Party Middle West Republican National Committee House Senate

Cotton markets edge lower in Texas and New Orleans

In Galveston on April 28 cot ton closed steady with several grades quoted. good ordinary at 20.35 cents, middling at 32.38, and shipments listed as 295 90 F O B. In New Orleans the AP reports the regional middling price at 32.64 cents per pound, down 1.15 cents from the previous day, with an average of 32.99 cents over the last 30 market days.

Foreign Exchange New York Great Britain Europe France Italy Sweden Switzerland Latin America Brazil Mexico Amecan Anaconda Atc Avco Mfg Tee Eee Bethlehem Steel Braniff Airways Chier Corp Russ Wright Freeport “Bulphur General Electric General Motors Goodrich (Bf Saargana Corp Sheen Ee Houston Oil Eee Int’l Harvester Kan City South Lockheed Aircraft Kan-Texas Ward Nat'l Gypsum Aviation Ohio Oil Steener Packard Motors Anm. Airways Panhandle Pé& 73 Penney (Jc Phillips Pet Plymouth Oil Radio Cor Republic Stee Ars Roebuck Sinclair Oil Socony Vacuum Pacific Ind Calif Sunweenie Texas Company Texas Gulf Texas Pac Badyer UN. A Woolworth Rw Curbark Associated Press Nat Gas Seeee el Bond & Sh Humble Oil Lone Star Gas At&sf St. Louis St Gees South Pac Texas Corp West Union New Orleans Galveston Ae —Eee

UT Club Honors Corpus Doctor Latin American of the Year

Corpus Christi physician Dr. Hector P. Garcia is named Latin American of the Year by the Alba Club of the University of Texas and will be honored at Old Seville with a banquet and dance. He is recognized for work with the American GI Forum and for exposing the Three Rivers incident involving the Longoria family.

Hector P. Garcia Corpus Christi Alba Club University of Texas Old Seville Garcia American GI Forum Three Rivers Felix Longoria Philippines Thomas I. Sutherland Good Neighbor Commission Frank Oltorf Marlin Byron Tinsley Greenville George S. Sanchez Lyle Saunders Gerard E. Maguire Newman Club Jack Lewis University Presbyterian Church

Anthropologist Says Employers Should Study Body Type

New York April 28. Jesuit anthropologist Rev J Franklin Ewing Fordham University argues bosses should judge workers by body build and temperament as well as IQ and credentials. He classifies endomorphs mesomorphs and ectomorphs and suggests suitable roles for each type. He notes women have not yet been classified and jokes about future research.

New York J. Franklin Ewing S. J

Automobiles predicted this week total 128386 units

Detroit April 28. Motor vehicle output in the United States this week is forecast at 128386 units. The estimate splits into 104692 passenger cars and 23694 trucks, vs 108848 cars and 25601 trucks last week. Automotive News cites an April total of 432865 cars and 104 trucks, while noting Bendix plant strikes threaten May schedules.

Detroit United States Supounatine News Automotive News Bendix South Bend

Tea Shaped History in World Trade and Naval Power

The Orient tea trade influenced British imperial policy and economy and helped launch Yankee Clipper ships on global racing routes.

Make This Home Recipe To Take Off Ugly Fat

A home fat loss claim promotes a liquid parcentrate mixed with grapefruit juice in a pint bottle, with two tablespoons daily. It promises rapid weight loss and renewed vitality, citing a testimonial from Mrs. M. C. Britton in San Antonio, Texas, claiming ten pounds lost in ten days.

M. C. Britton W. Wildwood San Antonio Texas

Also Mentioned on This Page

Frankfort Distillers Corp N.Y Northern Pacific Maracaibo Oil Wilson Brothers Naities Service United Light and Railway Advanced Calgary Edmonton Mesabi Iron Pantepec Oil Sunbeam Cor Portaton US Govpaka Gago Jly Grain and Cotton Exchange Texas Gulf Ports Alveston Custon Harleston Terminix CO E. Seventh Terminix Dr. $. J. Rogers W. B. Pryatel Lasy Chae Congress Saves Pe Co ION Fire Insurance Interior Movement Pree Eee Massay Seins Birtie Rock Aay BR Ae Montgomery Ee Eee UT Club Corpus Doctor Ewing Josef Abderaziek Maria Niami Fahima Austin Window Cleaners DIAL the Mutual the Mutual Savings America Smart Schenley
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