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Newspaper
Austin American
Location
Austin, Texas, United States of America
Date
Dec 28, 1948
Page
2
Three African American boys aged 11, 13, and 13 sat in church planning a burglary at the Sandoval Grocery in Austin. They were found inside the store Sunday night with cash, cigarettes, cigars, candy, gum, pecans, and other items. A neighbor's call stopped their loot as police arrived.
New Mexico covers 121666 square miles, detailing the state's size. The figure provides a geographic scope for territorial assessments and regional planning initiatives.
Rep. A. S. Monroney urges raising the regular corporate tax rather than an excess profits tax. Treasury preliminaries outline a 10 to 50 percent graduated schedule on income, aiming to boost revenue by about 2 billion dollars. Current law taxes start at 25 percent up to 25 thousand dollars with graduated rates to 38 percent beyond fifty thousand.
Deputy Sheriff L T Gunn plans to fly from Austin to California on Tuesday to extradite Gustave Andrew Benneche back to Texas. Benneche, arrested in San Diego on Christmas Day, waived extradition and is charged in a burglary at L C Carrs home 3704 Speedway on November 30. Earlier, Gunn returned Rudolph Ryns from La Grange, a 19 year old Austin man linked to a theft warrant. Heavenly Serenade references a Japanese legend about sun goddess discovery.
New York December cotton futures held steady as trade buying and short covering offset scale hedge offers and liquidation. Near term support came from persistent buying of nearby March and May by a leading spot firm, with mill demand outlook improving after year end. The December parity price was expected to slip from November’s 30.63 cents as the market faced export-covering activity and final hour gains.
The stock market fell slightly in quiet trading as early gains faded. Most leaders slid under a point, with Superior Oil of California plunging seven points while DuPont and Allied Chemical rose modestly. overall declines outnumbered advances, the AP 60-stock average slipping .2 to 64.6.
Galveston spot cotton closed steady with varied grades led by middling at 32.10 to 32.45 cents a pound and sales of 1 009 bales. New Orleans average middling price rose to 32.38 cents per pound, up 1.20 cents from recent levels, with 30 market days averaging 32.12.
Coroner R. E. Williams ruled carbon monoxide poisoning and asphyxiation caused the deaths of Santa Barbara physician Dr Jerome G. Schneidorf and three family members during Christmas celebrations in a Big Bear cabin. The bodies were found by his wife Mary Margaret Schneidorf after a long coma.
Chicago grain prices showed a uneventful session with minor moves as perdas slightly outweighed gains. Across markets in Fort Worth and Kansas City, wheat oats corn futures posted small shifts while cash bids in Chicago reflected limited activity and varied grade quotes.
Secretary Forrestal directs unification of recruiting facilities and services announced by General Handy at Fort Sam Houston. Local Austin officials report no procedural directive yet while Major Reily and Navy recruiting officer Strickland await clearer instructions before merging.
The statement notes that a plane’s speed typically falls below the speed of its propeller slip stream, highlighting a mechanical detail of propulsion and airflow dynamics.
In San Antonio and Fort Worth cattle, calves, cows, and bulls show uneven movement with cows steady to higher, fat calves strong, stocker calves scarce, hogs mostly steady, and sheep and goats firming slightly. Chicago reports softer hogs and varied cattle, with top steers around 35.50 and vealers steady to higher amid limited supplies.
Congress is expected to retain some anti Communist measure in labor laws despite Taft Hartley changes. The House of Representatives has not decided what to recommend and the Labor Department has not decided what to propose. Secretaries Tobin and Gibson clash over continuing affidavits for union officers.
The University of Texas won a $34,000 federal grant to develop and expand psychiatry training for undergraduate medical students for the 1949 50 school year. The program is part of $1.498 million in grants to 42 medical schools to prepare general practitioners to recognize mental health signs and act preventively. Southwestern University and Baylor University received related funds of $37,500 and $34,976 respectively.
Modern telescopes reveal about 150000 stars within the bowl of the Big Dipper. The discovery expands knowledge of star density in this asterism and highlights advances in astronomical instrumentation.
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