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Austin American in Austin, Texas

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This newspaper page contains 20 articles. Subscribers can read the full text of each article.

Newspaper

Austin American

Location

Austin, Texas, United States of America

Date

Feb 11, 1950

Page

6

Stocks Edge Lower After Morning Gains Amid Broad Losses

New York stocks slipped slightly after morning gains as selling spread across industries led by rails oils and metals. The Associated Press index eased while industrials showed a mixed day with Magnavox and Philco rising. Bonds and commodities moved with oil issues active in Barnsdall Oil trading and several steel and utility shares guiding the declines.

New York Avera Federal Reserve Board Oma Magnavox Philco Otorola Fiadio Orp Emerson Admiral Barnsdall Oil US Teel Bethlehem Steel Kingstown Sheet Generators 1

Corn Leads Grain Rise Amid Rail Strike Fallout

Chicago reports corn climbs on light buying as rail coal strike trims freight. Wheat, soybeans, and rye show mixed moves while domestic and export demand influence prices. Prices in Chicago and Kansas City reflect bids, offers, and receipts with No. 2 yellows around midweek highs.

Chicago Commodity Credit Corporation Agriculture Department Weather Bureau

Slaughter Steers Steady to Weak Across Regions

SAN ANTONIO Feb 10 AP cattle markets show slaughter steers steady to weak, yearlings steady, cows firm, bulls steady to strong, calves up to 1.00 higher. Week totals list top values for steers, yearlings, cows, bulls, calves, and stockers. Fort Worth reports mixed trends with hogs and lambs movements. Multiple regions report steady to weak live cattle and rising calf prices amid overall cattle and hog price shifts.

San Antonio Fort Worth Shibaso EivtsTock Romimebery

Austin Chamber Plans Planning Clinics For Members

The first 10 groups of Austin Chamber of Commerce members, totaling 135, were invited to planning clinics on February 15 at the Driskill Hotel. President W L Thompson asked members to attend a dinner and conference to outline suggestions for chamber projects for the year.

Austin Chamber of Commerce Austin Driskill Hotel W. Luther Thompson Chamber of Commerce Thompson

Better Income From Holly Trees for Some Farmers

The Department of Agriculture says holly trees may yield higher returns than pasturage in certain cases, offering farmers a potential financial benefit beyond traditional grazing.

US Department of Agriculture

Cotton Futures Rise To New Seasonal High Ground

Cotton futures closed firmer with gains around 35 to 80 cents a bale as mill and export buying and short covering pushed deliveries into new seasonal highs. Spot markets show prices over two cents a pound above loan levels. Textile leaders forecast sustained high production in 1900. New Orleans and New York reports note steady to firm trading and rising spot values.

New York New York Cotton Exchange Service

Stamp scheme leaves seven investors out $200,000

Postmaster General Jesse Donaldson called Harold Ambrose's $600,000 commemorative stamp plan a clear legal violation. Investigators plan to forward findings to Attorney General McGrath for possible criminal action. Ambrose gathered 25 investors, paid $120,000 in profits to 18, and left seven with a $200,000 loss while funds partly vanished.

Washington Jesse M. Donaldson Harold F. Ambrose J Howard McGrath Donaldson White House Ambrose

Office Workers Told Of Purse-Snatchers

Austin police warn that a purse snatching gang targets women in office buildings. Police Chief R D Thorp advises workers to keep purses secured and away from desks while office staff fetch the boss or return with the message.

Austin R. D. Thorp Thorp

Doctors Build New Eye Pupils To Restore Vision

A New York physician reports a pioneering eye operation to restore sight by tattooing the cornea and implanting a new pupil. Dr Arthur Alexander Knapp says the procedure, a step beyond corneal grafts, can improve vision in about 95 percent of cases, with pigment lasting up to 15 years and repeatable tattooing if needed.

Chicago New York Arthur Alexander Knapp Knapp Health Magazine American Medical Association

Cotton Prices Steady Across Markets In February Listing

In Galveston on February 10 AP reports spot cotton prices steady with grades from good ordinary to strict middling quoted from 22.00 to 35.30 per hundredweight and sales at 7 540. New Orleans prices show middling 31.83 cents per pound, up 35 points, with 30 day average at 31.20 and middling 30.33 for one and one eighth inch bale class.

Britain New York Europe Great Britain France Italy Sweden Switzerland Latin America Argentina Mexico New Paeseneeport New Aleans Galveston New Orleans

House Approves Hospitals Funds and Gas Tax Plan

The House passed a hospital funding package aimed at a $5 million annual construction program and created a 1 to 2 cent tax on natural gas gathering to fund the plan. A 6 cent levy on gas exports was introduced by Rep. Raymond Tatum directing revenues to a hospital fund. House approval was 63 to 52 for a sheriff sale bill under the special session call, with conference expected on appropriations for six state hospitals and related facilities totaling about $19.26 million plus other school and youth programs.

Raymond Tatum House 8. J. Isaacks Manford Senate Board For Austin State Hospital Big Spring State Hospital Rusk State Hospital San Antonio State Hospital Terrell State Hospital Wichita Falls State Hospital Abilene Hospital Austin State School Farm Colony Mexia State School Confederate Home Tyler Baker Tubercular Hospital State Orphans Home Waco State Home Austin

Senate Approves 88 Million Aid for Korea and Formosa

The Senate approved an 88 million dollar program for non military aid to South Korea and Formosa, sending the measure to the White House after House passage. State Department protested Chinese Nationalists attacks on American property in Shanghai and UN appeal for an end to bombings. In a separate move, the US agreed to lend up to 100 million to Indonesia to finance reconstruction and industrial purchases, with funds released as needs are identified.

Washington Senate South Korea Formosa Far Pacific House White House State Department Chiang Kai-Shek Shanghai Lake Success N.Y Red Shanghai Chiang China Mainland Peiping Shanghai Power Company Standard Vacuum Oil Company Lincoln White Republic of Indonesia Herbert E. Gaston Gaston

Angry Women Win Battle of Pitchforks

In Plummer’s Cove Florida on Friday fishermen’s wives confronted druggist E G Murphy over a new garage on a dirt road to a mullet fishing spot. After a mass meeting under a giant oak the parties reached a peace with Murphy agreeing to tear down the garage and serve lemonade and sandwiches during the work.

Plummer's Cove Fla G. Murphy Murphy St. John’s River

Southside Lions Win International Membership Contest

The South Austin Lions Club earned first place in Lions International January membership drive, signing up 102 new members to mark Lionism's 33rd anniversary. Havana Cuba followed with 90 new members. the achievement was announced in Chicago by R Roy Keaton Lions international assistant secretary general.

South Austin Lions Club Lions International Southside Havana Cuba Austin Club Chicago R. Roy Keaton

Rossellini Bergman rush to wed after divorce granted

Roberto Rossellini rushed to Ingrid Bergman with news she is free to marry after her Juarez Mexico divorce from Dr Peter Lindstrom. Swedish and Italian legal rules complicate timing with Stockholm and Juarez registrations and a possible early wedding plan amid public interest.

Rome Roberto Rossellini Ingrid Bergman Peter Lindstrom Juarez Mexico Christian Gunther Miss Bergman Stockholm Rossellini Roberto Ingmar

Centex Fire Record Credits Set for 25 Percent Max

Central Texas cities will receive up to a 25 percent fire record credit starting March 1. Fire Insurance Commissioner Paul H. Brown announced credits based on five year loss records. Austin unchanged at 10 percent. Cities listed include Bertram, Blanco, Brady, Burnet, Fredericksburg, Giddings, Gonzales, Kyle, Lexington, Lockhart, Marble Falls, Mason, Pflugerville, Rockdale, Smithville, Taylor, Thorndale, Thrall.

Mason Pflugerville Rockdale Smithville Taylor Thorndale Thrall Elgin Llano Luling Bastrop New Braunfels Austin Bartlett Belton Brenham Lampasas San Marcos Temple San Saba Georgetown Manor Round Rock Hutto Seguin Granger Kerrville la Grange

Ancient Maya Photo Exhibit at Austin Library

Life magazine editors present Ancient Maya at the Austin Public Library through February 25. Miss Mary Rice notes the display features 30 large panels from Dmitri Kassel’s Central American assignment, documenting Copan Palenque Uxmal and Chichen Itza and highlighting Maya civilization’s brilliance.

Life Magazine Austin Public Library Mary Rice Dmitri Kassel Central America Copan Palenque Old Empire Uxmal Chichen Itza New Empire America

Winter Bird Food Relished As Birds Eat Holly Berries

Birds relish holly berries amid winter food sources. The scene highlights avian foraging in wintry gardens and hedgerows, with birds feasting on bright red berries as frost decorates the landscape.

Hungary to Open Spy Trial for Vogeler and Five Hungarians

Budapest sets February 17 as the spy trial date for American Robert Vogeler and five Hungarians including a priest and baroness. Vogeler, East European manager for ITT, and British associate Edgar Sanders face espionage charges alongside their Hungarian co-defendants.

Budapest Hungary Robert Vogeler Vienna Vogler Vogeler International Telephone and Telegraph Company Edgar Sanders US Legation Foreign Ministry

Texas Forest Income Share Totals in 1949 Earnings

Texas received a $262,981 payment from the U S Forest Service as the state's share of national forest earnings for 1949. The payment is based on the proportion of national forest receipts collected within Texas boundaries.

Texas Washington US Forest Service

Also Mentioned on This Page

Associated Press Avco C—hrysler Corp Sita Resnenad © Corp ' A Bmouston Int Harvester Kan City South Lockheed Aire Ae & Viation Ohio West Unie Woolworth TA Rvieg NEW York Bonds Neseninies At’ St St. Louis SF Ex Corp Estern Union Valentine Heart BUNTE Guvadalupe Congress Allis Chalmers F.O.B Dallas Texas Common Points Texas Gulf Ports Kansas City Eos Sorehums Slaughter Census Bureau Eve Hee Zona New Oceans Alveston Ouston Ale Harleston Memphis St Augusta Little Rock Waotcomers Brady Correctional School Gainesville Gatesville Youth Council Korea Orient Southside Lions Jack McKay Lumber CO East 6Th ST Roberto Ingrid Centexas Wilson X-Ray and Surgical Company Guadalupe Zale Zale's Jewelry CO City Oc. D. D
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