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Newspaper
Austin American
Location
Austin, Texas, United States of America
Date
Nov 23, 1948
Page
5
In Chicago on November 22 the rice or grain markets showed demand moving toward corn while wheat edged higher late in the day. Wheat ended up modestly, corn rose about four to two cents, oats dipped while rye moved higher. Prices for various grain types across Kansas City and Fort Worth reflect similar shifts with No. 2 white corn and other grades listed.
Thomas L. Caylor W. L. Skerd and L. A. Ridout were elected directors of the Luling Chamber of Commerce for three two and one year terms. Officers will be chosen from among the directors later. The annual ladies night party is set for December 17 with an old fashioned turkey dinner.
Excelsior Springs Missouri November 22 The Ball Clinic offers a free book titled Rheumatism explaining why drugs fail and how a specialized system using mineral waters and baths may free readers from rheumatism No obligation to write promptly for the instructive book Rheumatism Good Health Life's Greatest Blessing Dept 2302 The Ball Clinic Excelsior Missouri Adv
The New York market eased by about two points as trading remained dull from opening. Steels and motors fell hardest while chemicals and oil aircraft eased slightly. metals were mixed and home mines hit year lows. The Associated Press average dropped 0.5 to 64.6, with rail and industrial components down and utilities near unchanged.
H. W. Meredith, Mineola banker, contributed $95,000 to the Methodist Home in Waco to build the Meredith Home for Boys on the campus. Superintendent Hubert Johnson said the complex will include 10 home-like cottages rather than dormitories and construction will begin immediately.
Market notes show lint futures steady on cover and average spot cotton in New Orleans up 45 cents a bale to 31.78 cents per pound. New York wool futures slip with Dec at 16.75 and May at 17.35, while certified spot wool tops sit around 168.0 to 175.0. Foreign exchange quotes and commodity rates mix with slight gains in some currencies.
A heavy explosion destroyed the TNT factory at the Bofors Munitions Works in Stockholm on Monday. A few workers sustained slight injuries from flying splinters.
Chicago hogs 15000 head. Hogs steady to higher with prices around 19.75 to 25.00 for various weights. Cattle and calves show firmness with steers 28.50 to 34.00 and cows 14.00 to 18.00. Vealers 27.00 to 30.00. Stockers and feeders steady. Sheep bids noted with ewes around 5.0 to 5.5. Overall market active with mixed store and slaughter demand.
The Census Bureau reports 11,663,229 running bales ginned by Nov 14 from this year’s cotton crop. This compares with 9,265,460 last year and 6,532,829 two years ago, reflecting a sharp rise in crop size.
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