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Newspaper
Austin American
Location
Austin, Texas, United States of America
Date
Jan 06, 1949
Page
3
The liner Queen Mary finally sailed from Southampton for New York after concrete reinforcements were poured into the stern to offset leakage from a collision off Cherbourg. Repairs were completed and the ship departed Wednesday.
Health officials charged six Houston milk producers with selling watered milk. Chief Health Inspector Woody Fife Jr. filed the action in corporation court after the adulterated milk was found at loading platforms of local dairies.
SAN ANTONIO Jan 5 AP cattle 900 calves 1 000 slow early sales steady to weak for slaughter cows bulls calves. hogs 75 cents higher to 18 325 for 260-325 lb. sheep 500 receipts with lambs for feeder use. goats steady with Angoras and kids noted. CHICAGO and FORT WORTH reports follow with varied cattle calf and lamb trends and prices. Foreign exchange shows Canadian dollar 92.37 US cents and France franc change little.
Members of the Sales Executive Club of Austin will hear Forbes Mc Kay associate advertising manager of The Progressive Farmer deliver That's What I Like About the South at a Friday noon meeting. The event takes place at the Stephen F. Austin Hotel and Mc Kay is a Birmingham advertising executive with ties to UT Baylor and the University of Chicago.
Stock prices climbed after President Truman read the State of the Union. Wall Street welcomed his restrained tax and policy stance while signaling faith in the Taft Hartley framework and ongoing efforts to balance supply and demand amid steel capacity growth. Wool prices and futures in New York also firmed on Australian auction news.
Grain markets opened with trading activity after President Truman urged authority to regulate speculation. Wheat and corn rose modestly while soybeans lagged. Chicago and Fort Wayne reports show mixed results across cash and futures, with traders reacting to policy signals.
Average spot cotton across 10 markets on Wednesday rose to 32.19 cents per pound for middling 15 16 inches. The 30 day average sits at 32.16 cents, with middling 1 16 inch at 30.21 cents. A 1 345 bale sale at the Gulf coast is noted.
In Trelleborg Sweden on January 5 Soviet authorities refused to allow Sweden to forward 15 carloads of American Christmas mail to Poland and the Eastern Zone of Germany. Swedish railway officials said the move appeared to be an attempt to circumvent the Berlin blockade.
Port Arthur, in Beaumont, reports its first traffic death of 1949 after Martha Daphne Bussey, daughter of O. H. Bussey of Silsbee, was struck by a car while crossing a Port Arthur street Tuesday night and died Wednesday morning.
A brief, consumer-oriented note describes a remedy dubbed a god send for gas and heartburn. It emphasizes quick stomach relief from acid and burning sensations, presenting the product as a helpful aid for digestion and comfort.
Washington reports the sale of a surplus blast furnace and by product coke ovens at Houston Texas along with North and South Basin iron ore beds and equipment at Linden and Jackson as part of a surplus purge by IWAA.
The War Assets Administration announced a $7,150,000 sale of property in Ville Texas to the Sheffield Steel Corporation and said Sheffield Wednesday also bought coal deposits in Oklahoma from the Interior Department for $181,000 as a supplementary transaction.
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