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Newspaper
Austin American
Location
Austin, Texas, United States of America
Date
Mar 02, 1950
Page
2
Stocks rallied from a morning decline to close higher as steel auto and railway shares led gains. Trading volume rose to about 1.41 million shares. the Associated Press average moved up 0.3 points to 73.8. Gold stocks fluctuated amid news from Moscow and firmer coal-strike expectations.
HATTIESBURG Miss March 1 Funeral services will be held Thursday in Lumberton Miss for 17 year old Larry Slade who was killed Sunday in a plane crash near Austin Texas A week earlier his father Julius O Slade of Hattiesburg had been told by a chance acquaintance that Larry was killed in a bus auto wreck in the Dallas Austin area The father attempted to verify the report with authorities in Austin and the Associated Press The Tex as Highway Patrol said no record of such a wreck and no death notice for Larry Slade reached the paper Later he learned Larry was killed in the plane crash near Austin the day before
Primitive bachelors of the Pribilof group in the Aleutians are described as too young or weak to fight. They live separate from the main population on a distant island in the archipelago.
In Fort Worth on a Wednesday a seven year old boy named Sandy Williams acted quickly when his mother Mrs. William M Williams 32 suffered burns as her pajamas caught fire while cooking breakfast The child beat out the flames with a wet towel and removed the burning garment Both mother and son are in Fort Worth hospital where she is reported seriously burned on the back and shoulders She is the wife of Major W M Williams squadron commander at Carswell Air Force Base
Police identify the victim as 45 year old J C Wiedner and say he fell about 90 feet from a ladder in an elevator shaft at the Mercantile Commerce Building under construction in Dallas. No witnesses reported.
San Antonio reports cattle and hog markets steady on light receipts with cattle 400 head and calves 300. Prices show loads of fat steers at 25.00 and cows 16.00-19.00, while hogs 300 head steady with butchers 6.50 and sows 14.00-14.50. Sheep and goats also noted with light test and limited bids.
Cotton futures ended 75 cents to $1.15 per bale lower amid liquidation fear and new deliveries anxiety. Traders cited weak parity, unsettled strike risk, and India’s potential import moves while mill buying supported some futures. Daily stock totals rose to 71,750 bales as market conditions remained volatile.
On March 1 the Board of Trade saw soybeans jump nearly five cents in a short covering surge. July and January deliveries rose to new seasonal highs while wheat showed strength early and pulled back later. Corn moved higher toward the close along with oats and rye amid broad cereal gains.
The ad lists showings at Paramount and Capitol with stars Maureen O Hara Paul Christian Vincent Price Danny Kaye Barbara Bates and Artha Vickers plus classic titles like Daughter of the West The Prison Warden and Moonrise Also notes on foreign exchange rates and Fort Worth Tulsa Kansas City grain prices and show start times across multiple theatres with color Technicolor attractions and late-night screenings.
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