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Newspaper
Austin American
Location
Austin, Texas, United States of America
Date
Aug 25, 1949
Page
4
A lone burglar entered five Houston area houses early Wednesday and stole about 4100 in cash and jewelry from two while failing at three others. Luke and Mrs Johnson, Morris Muntz, and Sterling Hogan witness the break ins. Police link the five entries by prints and footprints.
Canton August 4 Chiang Kai-Shek hurried to Chungking to keep Western China warlords from dealing with the Communists and to settle a Jew among the generals. He resumes active direction of the civil war amid intrigue and a rift among northwest and Szechwan warlords while Red forces remain distant from Canton.
The Federal Reserve reported week ended Aug 17 shows a $33 million rise in commercial, industrial and agricultural loans, bringing total business loans to $12.939 billion, up $113 million from Aug 3 low but $1.933 billion below last year. Real estate loans rose $5 million to a record $4.166 billion, while government securities holdings rose $341 million to $36.485 billion, with New York leading the district gains.
Polio researchers predict a human vaccine soon as two lab vaccines show protection in mice and monkeys. Dr. Levinson's method uses ultraviolet killed virus to elicit immunity, while Johns Hopkins work uses chemical inactivation. Four universities funded by March of Dimes pursue broad type coverage and large scale virus production at Harvard and Children’s Hospital.
French military officials report victories in Indochina with Viet Namese Nationalist units pushed 46 miles from Hanoi. Phucyen and Sinhuen towns were captured northwest of Hanoi as planes aided the operation in the rice bowl area before harvest, cutting off a vital food source. Ho Chi Minh forces were previously on Hanoi’s outskirts.
The Roman Catholic League of the Sacred Heart announced the right arm of Saint Francis Xavier would be shown in 30 cities this fall for public veneration. The relic arrives in San Francisco from Japan on Sept. 1 and will be escorted by Rev. Arthur R. McGratty S. J. The arm will be displayed at churches and cathedrals in El Paso and other locales.
Prime Minister Jawaharlal Nehru said in New Delhi that it is vital for India to maintain a sound relationship with the Soviet Union. He spoke at a farewell reception for Professor R. Radakrishnan, the new Indian ambassador to Moscow, who departs next week to assume duties.
Edwin W. Pauley sold most of his one third stake in CIMA to Ralph K. Davies associates for 200000 dollars. American Independent Oil Company gains 60 percent of CIMA leaving Pauley with about 13 percent. CIMA operates under a share of production contract with Mexico’s government and aims to complete its first two wells by October.
New Orleans announces 700 new parking meters to be installed in 15 minute to two hour zones. Motorists will pay a nickel to park in any zone starting Thursday, as part of the city’s updated pay-lot system.
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