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Newspaper
Austin American
Location
Austin, Texas, United States of America
Date
Mar 16, 1950
Page
12
Wheat fell under moisture from the Southwest while corn oats and soybeans held course. Kansas Oklahoma moisture surprised traders. export houses supported prices but not enough to stem decline.
On March 16 1896 the U S Supreme Court ruled the south fork of the Red River as the boundary between Texas and what became Indian Territory now Oklahoma costing Texas one million acres. The decision followed an 1890 suit filed by the U S attorney general after ambiguities from the Napoleonic US treaty and the two forks of the Red were identified by mid 19th century Army explorations.
The annual Up-Helly-Aa festival in the Shetland Islands is tied by some to Viking age origins. The event celebrates Norse heritage with related customs and public activities each year.
New York traders pushed stocks to their best level since August 1946 as the AP index rose 11 points to 75 and total turnover reached 1,830,000 shares. US Steel led active lists with a rise near three points as 791 issues advanced.
New York and New Orleans reports show cotton futures holding steady with modest gains around 25 to 45 cents amid trade buying and pre notice day activity. Spot markets in New Orleans and Galveston list various middling and prices, while imports and exports negotiations surface amid unsettled demand.
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