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Austin American in Austin, Texas

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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

Austin American

Location

Austin, Texas, United States of America

Date

Jul 26, 1950

Page

5

Soybeans Lard Lead Grain Rally Across Markets

Chicago market news reports a buying surge spurred by university data and President Truman. Soybeans and lard rise with gains across wheat corn oats and rye. soybeans hit new seasonal highs while deliveries and futures advance amid broader buying interest. Kansas City and Chicago cash grain quotes mirror the rally with mixed movements across wheat corn oats and rye.

Chicago Truman Board of Trade

Cattle Market Activity In San Antonio and Fort Worth Prices

Cattle and calves trading steadily in San Antonio with feeder pigs and yearlings showing mixed gains and declines. Fort Worth and nearby markets report cattle and calf prices holding near Friday levels with fat cattle and good calves showing modest movement and hogs steady to higher on average.

San Antonio Ediu Fort

Tax Message Ends Rally On Stock Market

Wall Street halted a broad rally after news of President Truman’s proposed tax increases. Only retired stocks closed higher as losses outweighed gains across rails and industry groups. The Associated Press average fell to 74.1, with 642 declines and 325 advances among 1,163 issues.

New York Truman Ifaeli Associated Press Central Northern Pacific Boeing United Aircraft Douglas Lockheed Motors General Motors Chrysler Studebaker Allied Chemicals Dow Chemical du Pont Bete Americar

American Medical Student Near Death From Polio in Vienna

Edward H. Rosenwasser, 21, a Texas born American medical student at the University of Texas Bay area, is reported near death by Army doctors after a polio relapse. 110th Station Hospital spokesman said he is very much on the danger list as parents Louis and Mrs Rosenwasser visit from Fort Worth, Texas.

Vienna Edward H. Rosenwasser Army 110Th Station Louis Rosenwasser Fort Worth Texas

Floods in New Mexico Cause $250,000 Loss

Albuquerque reporters estimate unofficial damage of 250000 from flash floods that flooded a 40 block area in north Albuquerque. No lives were lost. Three foot walls of water swept through Stronghurst and Embudo Arroyo from Sunday night rains over the Mesa and Sandia mountains east of Albuquerque.

Albuquerque N.M Stronghurst Embudo Mesa and Sandia Mountains

Americans Assured of Sugar From Cuba

Cuban ambassador Dr. Luis Machado told reporters in Washington that Cuba will supply all the sugar Americans need and asked how much is required. He said there is no sugar shortage and Cuba will provide it upon request.

Washington INS Luis Machado United States Cuba

Cotton futures close strong with new daily highs

New York and New Orleans markets show cotton futures rising, with October to July contracts closing up 1.10 to 1.60 per bale. Textile mills and exporters drove buying as weather reports and war news shaped sentiment, while a weekly crop outlook flagged weevil activity and weaker poisoning effects.

New York Monanys New Orleans Wy . E

Spot Cotton Prices in Galveston July 25

Galveston spot cotton values list good ordinary through middling grades with prices ranging from 29.20 for good ordinary to 39.30 for good middling and strict ratings. Total sales figure noted as 575 bales.

Galveston S&pot

First Marine Officer Joins Columbus In 1775

First Lieutenant John Trevett became the first Marine Corps officer to report for duty aboard the Columbus in November 1775. He marked the beginning of Marine service on that vessel.

Marine Corps John Trevett

Flax Prices Steady at Minneapolis Market

Minneapolis flax prices show No 1 quality at 3 65 to 3 75 per bushel with no change noted. AP reports July fluctuations in the local grain exchange as growers track futures.

Minnea Lis

Also Mentioned on This Page

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