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Austin American in Austin, Texas

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

Austin American

Location

Austin, Texas, United States of America

Date

Jan 17, 1950

Page

8

Tax-Exempt Groups Near 10 Billion in Receipts in 1946

The National Industrial Conference Board reports 99 467 tax-exempt returns for 1946 totaling 9 953 million. Business activities produced 7 27 billion, with 4 billion from wholesale trade, while religious educational and charitable groups and some government bodies aren’t required to file.

New York Bureau of Internal Revenue National Industrial Conference Board Farmers’ Cooperatives Asso Mutual Savings Banks

CHICAGO LIVESTOCK MARKET REPORT HOGS AND CATTLE PRICES

Salable hogs 16 000 active demand up 50 cents across weights and sows. Prices range from 120 to 180 per hundredweight with most 260 300 lb hogs around 146 to 158. Heifers and steers show gains with feeders steady to higher. Cattle: slaughter steers steady to 50 cents higher, best 21.75 24.25. cows and bulls another firm day. vealers around 27.00 28.50. Sheep at 21.50 23.50 for light wool lambs. yearlings absent. ewes steady 10.00 12.00.

Chigass Bath Connere San Antonio

Harvard Plans 18 Month Study of Milky Way Outskirts

Harvard University announced an 18 month expedition by Harvard College Observatory to South Africa to map 30 000 light years toward the Milky Way. The team will study over 1 000 000 stars using a Baker Schmidt telescope under construction at Perkin Elmer in Glenbrook Connecticut and a 33 inch objective prism.

Paul H. Buck Harvard College Observatory South Africa Earth Milky Way Perkin-Elmer Corporation Glenbrook Conn

Livestock Market Reports Steady at San Antonio Sale

San Antonio cattle and calves show steady to average activity with stockers fully steady and prices mixed. Hogs and sheep follow a similar trend with buyers cautious yet bids holding, calves and feeder stock trading in narrow ranges. New York wool futures mixed as Sydney auction signals price gains.

Foreign exchange rates steady in New York open

AP report shows the Canadian dollar at 89.25 US cents with 10 percent discount in the New York open market. Pound, 30, 60 and 90 day futures at about 2.80 dollars. France franc 28 percent of a cent. Italy lira 16 percent. Sweden 19.37. Swiss franc 23.30. Argentina 11.20. Brazil 5.50. Mexico 11.57.

Foreign Exchange New York Great Britain France Italy Sweden Switzerland Latin America Argentia Brazil Mexico

Grain Prices Decline On Light Demand In Chicago

On Monday at the Board of Trade in Chicago grains slipped to lower territory with weak demand and few sales. Wheat, corn, oats, rye posted declines while soybeans held steady to down slightly and lard fell. Export demand was almost non existent apart from flour inquiries from Norway.

Chicago Board of Trade Norway Spain Great Britain Hope R-Kans Ariena International Wheat Council West Germany Japan Agriculture Department Grainaye Commodity Credit Corporation Minneapolis Cotton Exchange Texas Gulf Ports Yartey Bae

Cotton futures close irregular on thin New York trading

Cotton futures closed irregular on Monday with declines to gains up to five cents a bale. Trading was slow as mills hedged against textile demand and export activity faded. Korea received a new ECA credit covering about 3000 bales, while CCC price announcements awaited. Spot cotton varied with regions showing steady to nominal changes.

New York Commission House Korea CCC

Stocks Rebound Moderately After Last Week’s Losses

A brisk round of buying in rails motors and aircraft helped stocks end higher by fractions after a market wide drop last week. Major leaders included Aircraft Chrysler General Motors and rail shares with mixed results across the broader list as the bond market varied only slightly.

New York Senates Chrysler General Motors Easi Mathien Columbia Eit Saltme Oil Kaiser-Frazer General Plywood Humble Oil Creole Petroleum Cities Service Technicolor McCord Corp United Light and Railways Colonial Air Lines Arkansas Natural Gas

Also Mentioned on This Page

Mies B. Green Davis Okla Rores The Silver Department of the Colorado Street Cambridge Mass Harvard Uni Livestock Mart Sydney Hilda Marie Lamar Bivd St. Joseph Aspirin Omasein CuiLoman ST. Joseph St.joseph Aspirin Childrer Interior Movement Alean Pot Oreans Oramveston Orleans Galveston Custon aSharleston Midy Memphis Dallas Littleck Montgomery Ae Aisota Ric Rae Bolero Marie Antoinette Tom Boy Associated Press Am Airlines Avenue Bitolla Chrysler Corp Bile Ont Motors Curtiss Wright Goodric Sreyhound Corp Ig Houston Oileatin Int Morvester KC Southern Lockheed Aircass Am Aviation Ohio Packard Motor M Airways Panhandle P&r Penney Phillips Perymouth Yingis Radio Woolworth Eanurning Mans Badacol E Henderson Hammond Hadacol
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