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Austin American in Austin, Texas

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Austin American

Location

Austin, Texas, United States of America

Date

Jan 27, 1949

Page

4

US Steel Buying Rush Lifts Common Stock to High Levels

The market shows a buying rush in US Steel lifting common stock to a high level as shares moved up in fractions. Major gainers include Sheet Tube and Wheeling Steel, while several others fell, with Chrysler and General Electric among notable losers. overall trading featured widespread movements and a general market decline for the third straight day.

Steels Senet Sey Casape Wheeling Steel Bethlehem Public National Jones & Plaughlin ‘B Chrysler General Ectric Nda Gulf Gi Faission Corporation Pan American Paramount Pictures General A Rich Woolworth American Iephone International Nickel Wes House Trio Phillip Morris Louie Tobacco Ivery Tracs Waltham

Cattle Receipts Light in San Antonio Market

SAN ANTONIO Jan. 26 AP Cattle 300 calves 300 scattered sales for small supplies steady to weak. Medium and good calves 475-525 pounds failed to bid. Yearlings 600-700 pounds 18.50-21.50. Cows 15.50-17.50, canners and cutters 12.00-15.25. Odd bulls to 19.00. Stocker calves 21.00-23.00. Hogs 300 receipts good and choice butchers too small to trade. Sheep 300 goats 200 receipts with club lambs 24.00-24.25 and goats nominal.

San Antonio Chicago Fort Worth

Cotton Future Trade Irregular In Slow Day

In New York on Wednesday January 26 cotton futures showed irregular activity amid slow trading. Nearby March and May held a premium amid profit taking and hedging while demand from spot firms export sales and mill accounts supported offerings. new crop deliveries remained steady. A Washington report notes an $8 million ECA credit to Italy for cotton purchases covering about 1,000,000 bales. Late quotes put March at 32.73, May 32.47, July 31.47, with futures net changes around 35 cents lower to 25 cents higher from the prior close.

New York Italy Washington

Chicago grain prices and mixed futures report

Chicago grain quotes show No 4 yellow corn at 129 31, No 4 sample and No 4 heavy oats, malting barley 112, feed 98 to 112, timothy 17.50 to 18.00 per cwt, soybeans none. The report lists several grain and forage prices with varying bids and ranges.

Chicago

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