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Newspaper
Austin American
Location
Austin, Texas, United States of America
Date
Aug 09, 1950
Page
14
Bullish cotton crop outlook boosts grain and hog markets as soybeans and lard rise. Wheat and corn show mixed moves with cash premiums fluctuating while weather expectations for the Northwest influence harvesting timing.
Fort Worth and Chicago cattle markets show steady to lower trends. Feeder and stocker cattle demand remains active with calves and yearlings trading near steady. hogs and sows hold firm while butcher hogs and dairy cattle move within narrow ranges.
Stock market closes lower with uneven losses across sectors while leaders hold firm. Trading dips at session end reflect cautious investor mood amid mixed economic signals and ongoing earnings updates.
The Civil Service Commission announced exams for a substitute clerk carrier at the Hutto Post Office. Eligible applicants must live in the Hutto delivery area and earn about $1.06 1/2 per hour. Forms and information are available at the Hutto Post Office or the regional Civil Service director in Dallas.
The article notes cotton futures rising with expectations of higher prices due to crop prospects and war-related demand. It mentions market observers predicting price support despite fluctuations and cites AP reporting from New Orleans and New York. Also included are scattered commodity quotes for cotton, corn, soybeans, and oats from several markets.
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