Stocks Surge Ahead as Market Hits 20 Year High
The market rose to a 20 year high as investors showed holiday appetite. Stocks moved higher with many issues gaining minorly and trading volume reaching about 2.72 million shares.
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Newspaper
Austin American
Location
Austin, Texas, United States of America
Date
Nov 23, 1950
Page
8
Markets At A Glance New York Stocks Near 20-year High
Markets show stocks making gains in New York as the market hovers near a 20 year high. Bonds are steady while rails improve. cotton trades actively with buying and covering. In Chicago wheat is steady on export sales. corn is easy with small scale profit taking. oats are mixed with light trading. Hog prices are fairly active with gains around 25 cents to top $18.25. cattle are uneven, up 25 cents and down 50 cents.
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Baneasngoacees Eters
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Associated Press
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New York
Rainy Nebraska Sees record 1949 Precipitation
Nebraska recorded 25.36 inches of rainfall in 1949, exceeding the normal by 2.63 inches, indicating unusually wet conditions for the year. The data highlights a heavy precipitation year for the region, with numbers underscoring the notable deviation from average levels.
MENTIONED IN THIS ARTICLE
Nebraska
Norman
Old lint crop hits new seasonal high on New York market
The market showed profit taking with a $2 bale rise from prior levels before renewed buying. New crop months posted losses on selling while old crop positions supported the market. Traders noted extended textile demand and futures activity into the second quarter as mills faced high volumes. Exporters awaited a Department of Agriculture announcement.
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New York
Bette
Tay
Cottton
Department of Agriculture of
Texas Town Goes on Honor System After Police Quit
Stamford Texas faced a mass resignation as all six police officers except Chief Flournoy turned in badges. Parking meters remained in operation on the honor system while officials sought help from county and state officers. The walkout followed a rejected wage increase request.
MENTIONED IN THIS ARTICLE
George Flournoy
Flournoy
Best driving cars praised by owners in premium build
Owners praise these cars for wheel feel hydraulic brakes smooth transmission and solid construction. They emphasize roomy interiors wide doors chair height seats and balanced ride and suggest checking them today for extra value before choosing the next car.
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