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Austin American in Austin, Texas

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This newspaper page contains 16 articles. Subscribers can read the full text of each article.

Newspaper

Austin American

Location

Austin, Texas, United States of America

Date

Jul 28, 1950

Page

2

Cattle and Hogs Steady As Chicago and Fort Worth Markets Report

San Antonio and Fort Worth markets show calves and slaughter steers steady to weak with stocker classes scarce. Hog prices hold 21 to 23.50 per hundredweight, sheep and goats mixed with lambs 25 to 27 and feeder lambs 22.50 to 23.00. Chicago reports hogs steady to higher and cattle and sheep stable with steers 27 to 32 a hundredweight and spring lambs around 27 to 28.50.

San Antonio Fort Worth Port Worth Cattie Chicago Livestock Chicago Jgood and Choice Kansas City Grain Kansas Crry

Market climbs as steel and auto stocks lead gains

New York stocks rose with steel and auto shares fueling a broad advance. Nearly 90 stocks hit peak prices for 1950 while about 25 touched lows. Volume topped 2,000,000 shares for the seventh straight session as General Motors and Bethlehem Steel firmed, with the Associated Press average up 0.6 to 74.9.

New York Atarion Associated Press General Motors Bethlehem Steel Republic Youngstown Sheet Jones Laughlin Crucible Inland

Prince Philip Returns Home For Week With Elizabeth

Prince Philip flies in from Malta for a week off with Princess Elizabeth who is due to have a second child in August. He serves as a lieutenant on the destroyer Chequers and will resume duties as lieutenant commander in command of the frigate Magpie.

London Prince Philip Malta Princess Elizabeth Philip Chequers

Students To Close Books For Summer At Two High Schools

Austin High School principal T. P. Baker said 20 of 425 summer students will graduate. Anderson High School reports 87 summer students with none set to graduate. There will be no official ceremony. participants may graduate next February during the regular exercises.

Austin and Anderson High Schools T. P. Baker Austin High School Anderson High School W. B. Campbell Baker

Cotton Market Closes Firm After Nervous Day

New York July 27 AP cotton futures end firm with gains from 35 cents to 1.25 a bale as nervous trading and small orders influenced the session. Early buying by textile mills and exporters supported prices, then profit taking and hedging followed with government CCC sales weighing on nearby contracts. Spot New Orleans closes steady 25 cents higher with sales 658 and new middling levels set.

New York CCC Commission House New Orleans Memphis

New Orleans Cotton Reach Seasonal Highs on Trade Buying

Cotton futures in New Orleans rose to seasonal highs as traders bought to fix prices and cover short positions. Closing quotes finished steady to up 40 to 105 cents per bale with Oct at open 38.64 high 38.69 low 38.30 and settle around 39.65.

New Orleans Stures Hursday

Stag Dinner for Sam Houston Exes Planned in Austin

The Sam Houston State Teachers College exes club will host a stag dinner at 5:30 p m Thursday Aug 3 at the Austin Hotel led by L W Popham. About 75 alumni are expected with Austin residents boosting attendance and many traveling for the Texas Coaching School and All-Star game that night.

Sam Houston State Teachers College Austin L. W. Popham Texas Beaumont Sam Houston Exes Kelly Adams Exes Association

City Planners Meeting Postponed Indefinitely

A joint meeting of the City Plan Commission and the County Commissioners Court to tighten building and zoning restrictions just outside the city limits was postponed indefinitely Thursday. County Judge Tom Johnson said the entire court will not be available until early August.

City Plan Commission County Commissioners Court William Parker Tom E. Johnson

Iran Prince To Marry Harvard-Educated Prince Abdor Reza’s Wedding

Court circles report Prince Abdor Reza brother of Shah Mohammed Reza Pahlavi will wed Pari Sima Zand, 22, daughter of Iran’s national bank governor, in a forthcoming ceremony.

Iran Tehran Abdor Reza Shah Mohammed Reza Pahlevi Pari Sima Zand National Bank of Iran

Attorney Challenges Ordinance's Validity

Edward R. Surles, aide to Attorney General Price Daniel, seeks to quash a Corpus Court conviction for negligent collision and $15 fine from an accident May 12 at 18th Street and Congress Avenue. A County Court at Law hearing on the motion is set for August 4 before Judge Mace Thurman Jr.

Price Daniel Edward R. Surles Surles 18Th Street Congress Avenue Mace Thurman Jr

Inter-Flight Drive at Bergstrom Aims for 5000

A Bergstrom Air Force Base campaign seeks 5000 for the Air Force Aid Society through inter flight competition. Capt. Burton F Wilder says proceeds go to the society's Washington office to aid distressed families of deceased airmen. The drive ends August 7 with bonuses for the flight achieving the highest enrollment rate.

Bergstrom Air Force Base Air Force Aid Society Burton F Wilder Washington Wilder Bergstrom Air Force

Spot Cotton Prices Hit New High Across Southern Markets

In Galveston and New Orleans on July 27, spot cotton rose with middling 38.85 cents in Galveston and 39.02 cents per pound in 10 Southern markets, a season high. The 30 market day average jumped to 35.68 cents per pound for middling 15 to 16 inch cotton.

Foreign Exchange New York Great Britain Europe Belgium France Holland Italy Portugal Sweden Switzerland Latin America Argentina Brazil Mexico Venezuela Hong Kong New Orleans Novston Galveston Be Savannah Ae Charleston Boston Ee

Wool futures edge up in volatile trading

New York wool markets show firmer activity with mixed futures and spot prices. Estimated sales reach 185 000 pounds for wool tops and 192 for wool futures as traders note varied bid levels and multiple contract months from March to December.

New York

Downward Path Taken by Grains On Active Mart

Wheat and soybeans led the grain market downward with the latest quotes near the day’s bottom. Mills hedged on wheat futures as flour demand surged. beans faced profit taking while corn and rye trended lower. Fort Worth and Kansas City reports noted slight price changes and diverse cash grain prices across regions.

Demo Committee Proposes Ellis for State Democratic Woman

Mrs. A Caswell Ellis has been proposed to fill the vacancy after Mrs. Marion Storm was killed in an auto accident. Stuart Long asked for time on Aug 7 at the Commodore Perry Hotel in Austin to nominate Ellis. She will not seek a full term at the Mineral Wells convention in September.

A. Caswell Ellis Marion Storm Stuart Long John C. Calhoun Ellis Austin Commodore Perry Long West Mineral Wells 20Th District

A Deadly Mixture: Gunpowder Defined

A historical note explains gunpowder as a blend of saltpetre, sulphur, and charcoal. It details the components and marks gunpowder as a dangerous explosive mixture.

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