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Newspaper
Austin American
Location
Austin, Texas, United States of America
Date
Aug 01, 1950
Page
9
Livestock markets report cattle and calves brisk in San Antonio and Fort Worth with stockers and feeders strong. Prices vary by weight, quality, and class, while hogs and sheep show mixed moves across hubs including Chicago and Port Worth, with cows and bulls mostly steady to weaker.
In a typical Great Lakes season a single iron ore ship covers about 50,000 miles and moves around 500,000 tons of ore. The voyage highlights the substantial transportation role of ore freighters in regional trade.
Chicago grain prices slipped for wheat and corn amid unsettled world events. soybeans edged higher. Lard and oats held steady as markets weighed Korea tensions, Washington price controls, and anticipated Russia at the UN.
New York July 31 AP The stock market rose modestly after an early session slump with aircraft stocks leading gains and several gains of 2% or more. General Motors and other major groups advanced while the market traded 1,500,000 shares. The Air Force issued letters of intent for 4.33 billion in military contracts.
New York July 31 AP Cotton futures closed 1.60 to 2.55 dollars a bale lower as traders sold early after Washington cut the parity price. Trade expected a boost but government lowered the figure, prompting profits and cautious mill demand while spot markets fell about two cents per pound.
Marble Falls July 31. Tommy Shifflet son of Mr and Mrs Alfred Shifflet of Marble Falls fractured nose and bruises when he fell from a 10 foot water tower at his ranch home while playing with Jimmie Parr.
A historic survey shows about two thirds of national road mileage still awaits upgrades. Officials urge funding and planning to accelerate pavement repairs and widen aging highways nationwide.
Prices from L East Produce Company show hens four pounds and over at 20 cents per pound, under four pounds at 18 cents, fryers two pounds and up at 50 cents, turkeys and ducks listed with various per pound rates, and eggs graded A B C.
Microscopic mushrooms are cultured in broth tanks to mimic the flavor and nutrition of wild mushrooms, offering a steady supply for soups and meals without reliance on forest or cave harvesting.
Ernest Dutchover of Fort Davis, grandson of a Fort Davis founder, stood trial for murder over the December 24 death of Felicity Granado. Judge Alan R. Fraser overruled two defense motions challenging the indictment.
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