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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
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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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
Minnea Lis
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