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Newspaper
Austin American
Location
Austin, Texas, United States of America
Date
Nov 25, 1948
Page
3
Chicago grain markets ended lower after a day of price depressing news. Wheat, corn, and oats fell more than 2 cents at times while soybeans dropped up to 9 cents, though a late creeping advance tempered losses.
General Carl R. Gray visits Houston to inspect a proposed 20 million dollar Veterans Hospital site and the new VA regional office as part of transforming Houston into a key national veteran center. He dined with war buddies before the inspections.
The US Army ship General M. M. Patrick arrived in Yokohama with 245 American evacuees from China. Fifty five disembarked there and the rest proceed to the United States.
Chicago cash grain market reports thin activity with No 2 red winter and white wheat prices showing modest declines as demand remains soft. Early bids are weak and traders await clearer directions from export markets.
Wheat futures and cash bids show No. 2 white and No. 2 red grades quoted around 2.32 to 2.39 in Kansas City. Prices for No. 2 hard and dark hard wheat trade near 2.29 to 2.34 with nearby futures for December and May contracts. Holiday Thursday Thanksgiving noted across the market.
New York and New Orleans reports show cotton futures sliding Wednesday amid light liquidation and holiday trading. December contracts led declines with prices around 31.9 cents per pound while nearby months saw switching and limited mill buying.
Spot cotton in Galveston closed steady with varying grades and prices. New Orleans spot average down 55 cents to 31.65 cents a pound, with 20 market days average 31.31. Wool market in New York showed certificated wool tops at 168.0 to 176.0 dollars with slight changes. Foreign exchange rates listed for major currencies, including Canadian, British, French, Italian, Swedish, Swiss, Argentine, Brazilian, and Mexican rates.
Ray Cavender, chairman of the Rio Grande Valley local, said 98 percent of Southwestern Bell Telephone plant employees in the Valley voted in favor of a strike if wage increase negotiations fail. A Valley workers meeting was held Tuesday night.
New York markets fall to the lowest level in eight months amid broad selling pressure and weak election sentiment. The Associated Press average slips to 63.4, down 1.1, with 1,094 issues trading and 1,290,000 shares changing hands. Major Dow components listed include Woolworth, General Mills, US Steel, and Chesapeake & Ohio.
Paducah Kentucky November 24 Senator Alben W Barkley observed his 71st birthday anniversary by building a corn crib on a farm near Paducah He will have dinner with his son and daughter in law Mr and Mrs David Barkley and their two grandchildren No special celebration planned
Twenty three people are reported dead and many injured after an explosion at an explosives factory in Amora village near Lisbon. The blast occurred Wednesday and caused extensive wreckage in the facility.
Cattle at San Antonio steady with beef cattle firm, hogs active but limited, sheep and goats light but steady. Chicago and Fort Worth reports show varied strength. cattle, calves and feeder stock in demand, while hogs and sows vary by weight and region.
Fred Kern brother of Sheriff-elect C V Kern was shot in the abdomen at the home of another brother in Houston. The 43 year old former firefighter was reported in critical condition after firing a .38 caliber pistol at himself Tuesday night. Family described him as despondent and distressed by a recent move.
Advertisement touts Creomulsion as a potent cough remedy that reaches the bronchial area to loosen phlegm and soothe inflamed membranes. It claims no narcotics and offers a money back guarantee if it does not restore rest and sleep after use.
Virginia L. Stanton of Long Beach and Donald M. Rush of Pueblo plan to wed at First Baptist Church as 5,000 musicians march past for the Western States Band Review. Officials halt the parade briefly and arrange 70 bands to play Lohengrin's wedding march for the couple.
Miss Mary Beth Carter economist at Oklahoma A&M College Stillwater Oklahoma will attend the game here at Thanksgiving and visit her mother Mrs W H Carter and sister Mrs Page Benhow.
An advertising claim states that FASTEETH alkaline powder helps dentures stay firmly in place reducing embarrassment from slippage. It asserts that the non acid formula does not sour and also reduces plate odor, urging readers to buy at any drug store.
Wells feeding the school have run dry and the board of education orders indefinite closure until drought conditions improve. The school relies on two local wells and will remain shut as authorities monitor water availability.
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