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Austin American in Austin, Texas

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Austin American

Location

Austin, Texas, United States of America

Date

May 13, 1950

Page

8

Stocks Fall From Four Year High Amid Broad Declines

Stocks slipped from a four year high as trading narrowed to fractionals and volume rose to about 1.79 million shares with most losses centered in steel and transportation groups. The Associated Press average dropped about 60 points to 77.7 as gains and losses varied across many issues including General Motors and Chrysler while some rail and energy names steadied or fell.

Associated Press Man Rajis Cediremen Becauer General Motors Chrysler Studebaker Youngstown Endard Cap Binaar Petraietm Bertricare Cities Service Pantenec itney-Bowes Raytheon Ureday

Live Stock Market and Livestock Prices Report

Cattle and calves show steady to higher prices with steers yearlings and cows up. Hogs and sheep demand remains solid with feeders and sows steady to higher. cattle and calf totals indicate a robust market with notable price ranges across weight classes and regions.

Fort Ms Xeral

REA Stays Busy Power Lines Reach Global Scale

The Rural Electrification Administration financed enough power lines in 1949 to reach seven times around the earth, underscoring nationwide expansion of electrical infrastructure and rural electrification efforts.

REA Rural Electrification Administration

Soybean Market Slump Amid Trade Turbulence And Shifting Deals

Soybeans drop 5 to 10 cents per cwt with futures and cash markets unsettled by a Manchurian exchange plan and government loan withdrawals. Traders note government price offers and May redemption rules while overall grain prices move on wheat oats and corn. market activity hints at producer withdrawal from loans and renewed demand signals.

Seles Manchuria Japan Saturn Ces Fort Worth Rain Corms Exchange Texas Texas Gulf Ports

Cotton Futures Fall Sharply In Late Trading On Liquidation

Cotton futures in New York slumped on Friday amid fresh liquidation and hedge selling, with declines stretching to 85 cents to $1.40 a bale before a partial rebound. Memphis reported improved mill interest for spot cotton, while New Orleans futures and spot prices also eased.

New York Memphis Worth Street New York Cotton Exchange Service el Paso Texas New Mexico New Orleans

Spot cotton market closes steady in Galveston

Galveston on May 12 reported spot cotton closing steady with various grade quotes: good ordinary at 22.20, strict good ordinary 24.20, low middling 26.20, strict low middling 28.10, middling 32.10, strict middling 33.10, good middling 33.20, strict good middling 33.20, middling fair 33.20, with sales noted but not detailed.

Chase P Bowd AR Sap Erns New Orleans Galveston

Hospitals Welcome Visitors for National Hospital Day

Large crowds of Austinites toured Brackenridge Seton and the Austin Travis County Tuberculosis Hospital on National Hospital Day. Brackenridge reported a "quite a crowd" touring operating rooms children’s wards and planned summer additions. Seton showed the film Girls in White to nurses and visitors, while the tuberculosis hospital hosted guests touring the facility and visiting patients.

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