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Austin American in Austin, Texas

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This newspaper page contains 15 articles. Subscribers can read the full text of each article.

Newspaper

Austin American

Location

Austin, Texas, United States of America

Date

Aug 24, 1949

Page

4

Selling Pressure Pushes Down Stock Leaders

Market broadens losses with nine straight weeks of rising revenue cited as proof of a downturn. Volume reaches 860000 shares amid declines across industries including General, Studebaker, Gulf Oil and Crown Central, with railroad and government bonds dropping in a summer lull.

Setbeck Ewollen United Corporation Oegione Eal Associated Press Storks R&r Reret Wtilite Group Sephone Swift International Studebaker Ae Reamery Ward Oo Es Phelps Doder American Tebarre Panta Pes Rameda Gulf Ocriotex McCord Corporation New Mexico Arizona Land Creole Petroleum Cities Service American Nature Gare Hearn Department Stores Crown Central Cree Selex

Wheat Market Holds Interest Of Grain Trade

The Chicago wheat market shows ongoing interest as near term futures rise in September and cash and elevator activity fluctuates. Traders note price shifts, deliveries, and varied bids across futures, with oats and corn also showing movement and uncertain confirmation in receipts and prices.

Chicago Furt Sheut Trace Ehich

Untitled cattle market notes from San Antonio show ring results

A San Antonio market report describes undersling prices for cattle and sheep, noting bids for steers and heifers, cutter and cow lots, and varying classes from light to heavy. It cites prices for sows, lambs, and ewes, with ranges for beef cows and feeder stock, and mentions steady to firm demand on several classes.

Lee Engin Camners and Eulters Goech Neyre

Cotton Futures Flicker As Prices Slip On Downside Pressure

New York reports irregular cotton futures with late prices depressed by weak demand and lingering selling. Futures faced firmer deliveries yet raw purchases remained weak while southern market conditions showed pressure from reduced ginning activity and broader seasonal declines.

New York Aus

Speedwriting lands Miss Hyatt in secretarial post in six weeks

Miss Franki Mae Hyatt learned Speedwriting at Durhams Business College and secured a secretarial position in a large Austin insurance office in six weeks. She praises the method as easy to learn with no complex symbols and rapid speed gains, noting the college’s 25,000 Texas graduates as proof of quality. She invites others to visit or contact Durhams at Lavaca Street for information.

America Franki Mae Hyatt Franki Mae Durhams Business College Austin

SOS Cafe Damaged In Houston Car Crash

A car out of control jumped the sidewalk and crashed into the SOS Cafe in Houston injuring no one but causing about 1800 dollars in damage. Kenneth A. Whittleman, 22, was charged with reckless driving and driving without a license.

Houston Kenneth A. Whittleman

Foreign exchange rates in New York aid for August

Foreign exchange rates show minor changes in New York trading with Britain and continental currencies. Pound, franc, krona and lira values are listed with small fractional adjustments, while several futures rates remain unchanged or slightly altered.

Foreign Exchange New York Britain Europe Great Britain France Italy Sweden Switzerland America Argentina Mexico

Wool futures rise and fall on dealer activity

Wool markets show firmer tones on Tuesday as dealers and commission houses buy amid expected improvements in wool goods. Profit-taking later eases prices with estimated sales near 250,000 pounds and futures fluctuating across several months from December to May.

Cotton Prices Fall Across Southern Spot Markets

Average middling cotton at 10 designated Southern spot markets Tuesday rose to 15.16 cents per pound with a bare upper quote near 3083 cents per pound. The 70 market day average stood at 31.38 cents and the midline of an inch averaged 2 16 per pound.

New Orleans Averace

Deep Dye Plot Targets Shamrock Pool In Houston

Police in Houston search for several boys after they tossed orange-yellow dye into the Shamrock Hotel pool. The 100,000 gallon pool flooded with color delaying swimmers as water was drained and replaced. A black coupe was seen leaving the scene with the last swimmer aboard shortly before officers arrived.

Houston Shamrock Hotel

Cities May Tax Mail Order Houses Under License Rules

BATON ROUGE La Aug 23 A municipality may levy an occupational license tax on a mail order house if it hosts an office where orders are taken, the attorney general's office ruled in an opinion made public Tuesday.

Baton Rouge Attorney General's Office

Million Pelts in Louisiana From Muskrats Pattern

Louisiana hunts produce about eight million muskrat pelts yearly as trappers push fur trade. Officials note steady yields amid market demand and seasonal trapping cycles.

Louisiana

Grave Matter Next Night An Elephant

In Savanna Oklahoma on August 7 Frank describes odd incidents of animals harmed by vehicles. His wife recounted a cat run over, then a dog in the road, and finally Putnam urged highway workers to fix a hole in the road for a mule, signaling repeated trouble at night.

Highway Department Putnam

Ranch Accident Victim Will Be Buried Today

Maurice Driver, a boy from the Driver Ranch near Westfield, was dragged to death by a runaway horse during calf-tying with his brother James Lee Driver present. The accident occurred while Mrs Arthur Driver watched, and Maurice will be buried today.

Maunce Driver Westfield Maurice James Leell Arthur Driver

Sears Reports Sharp First Half Sales Drop

Sears, Roebuck and Company announced that its consolidated net sales for the first 24 weeks were 64 percent lower than the prior year. Net profit stood at 33,106,509 dollars, or 1.40 per share, versus 51,409,010 dollars or 2.14 per share a year ago. Sales totaled 901,597,376 dollars through July 16, down 61,506,376 dollars from the previous year.

Chicago Sears, Roebuck and Company

Also Mentioned on This Page

Am Airlines Am Weden Anaconda Copis Aveo Mig Beth Tee Airw Chryssey Corp Freeport Goodrich (Bf) Corp Int Harvester Kansas C South Ne Lockheed Airc Ohio Airways Sears Woolworth Ark Rk National Cas Pourt I. Lon AP Pri Aes Cate Northie Texas Perry Mayri i San Antonio Ieee Ane Cheere Gerd Caneee Roet woerTw LivesToca Sgalveston Rus Savannah Charleston York Memphis Augusta the Rock of Aontgomery Arton Miss Hyatt Durham Durhams Gooa Lavaca San Jacinto SOS Cafe SOS Labrador VP Les Creameries Guite Savanna Okla Frank Greatbury ARES Yellow Cab CO RY High Down TO Witter Texas State Optical Congress American Statesman Ar Zales Parker Asves
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