Market Opens With Confusion Then Reverses Late Rally
Traders faced a confusing start as the market moved on thin volume. Late buying lifted prices with Steel and related shares showing strength while US Steel slipped slightly.
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Newspaper
Austin American
Location
Austin, Texas, United States of America
Date
Nov 02, 1950
Page
3
Traders faced a confusing start as the market moved on thin volume. Late buying lifted prices with Steel and related shares showing strength while US Steel slipped slightly.
New York stocks hold firm with higher metals, bonds steady as cotton rises on mill buying and hedging. Chicago grains show mixed results with July wheat firm and corn modestly lower, oats up to top $19.40, cattle steady to 90 cents higher at top $34.00.
For rash tetter simple ringworm chafing and other such externally caused itching troubles get Grays Ointment containing mentholated pine tar and germ fighting creosote. Checks itching while medication aids healing.
at the 78th convention of the American Public Health Association in St. Louis two US doctors described government efforts to develop anti germ masks and rapid detecting devices. Commander Frank R. Philbrook and Mark Hollis said masks would guard civilians and gases while detectors test by the Army Chemical Corps and Public Health Service.
Grain Mart opened strong but weakened to finish lower across the board after a brief early rally. Wheat, corn, oats, rye, soybeans and lard showed declines, with mixed regional quotes from Fort Worth, Kansas City and Chicago cash grain and a New York stock-average backdrop.
William H. Knott, 50, of Gilmer, was fatally struck by an auto in San Antonio. He died at a hospital after the Tuesday night accident, police reported Wednesday.
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