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Newspaper
Austin American
Location
Austin, Texas, United States of America
Date
Dec 21, 1949
Page
2
London reports that George Bernard Shaw sent birthday greetings to Joseph Stalin for his 70th birthday. The Daily Worker reproduces a Communist party card signed by Shaw wishing him many more years in the service of progressive mankind.
Broad stocks faced mild but steady selling in a moderately active session. The Dow and leaders weakened while some issues rose, reflecting a continuation of last week’s advance but with cautious trading and higher volume on the downside.
Chicago grain trading closed mixed as corn and oats showed modest gains while soybeans and wheat fluctuated. Reports cite cautious sentiment amid variable demand and weather influences, with USDA figures hinting at crop acreage shifts and ongoing harvest effects.
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