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Newspaper
Austin American
Location
Austin, Texas, United States of America
Date
Nov 25, 1950
Page
2
Livestock market report from Nov 24 shows cattle, calves, hogs, and sheep trading with limited offerings. Slaughter steers averaged around 1203 to 1326 pounds at $26 to $28, hogs steady to weak, sheep strong for slaughter ewes, calves scarce with prices near $30 for some steers, and Chicago and other markets noting varied price shifts.
United States may sell surplus warships at cut rates to South American republics to bolster defenses. Preliminary talks with Argentina Brazil Chile Colombia Peru and Venezuela have occurred with Chile showing potential to buy two. Ships include 106 000 ton destroyers and destroyer escorts. Congress previously approved sales to allied nations.
In Düsseldorf on November 24, W H Bishop the British Land Commissioner for North Rhine Westphalia said one British and one Belgian division are expected to be added soon to occupation forces in the British zone of Germany.
Broad stock gains push indices toward a two decade high with rail and utility shares advancing while leaders like Boeing United Airlines and Northrop face pressure. Bond markets show mixed moves as Treasury rates rise on expectation of higher five year notes.
State Health Department engineers are compiling a report on the Fredericksburg sewage plant after a survey conducted here. The initiative aims to assess plant conditions and potential improvements for the community.
Analysts note a wave of selling hits all grains with corn and rye down while wheat edges lower. Prices for lard and soybeans also ease as export demand wanes and government aid debates loom.
Chicago markets show weak overall tone with corn and grains generally weaker on war news. Wheat stronger to 25 cents higher as top price gains. oats partly steady to higher.
Federal agents and Army investigators uncovered a narcotics ring at Brooke Army Medical Center in San Antonio. Three men were arraigned, including Private Antonio Ponce, 21, on charges of trafficking marijuana, with bond set at 1500 dollars each.
Ray Allbrite Jr., 24, climbed a tall pecan tree to shake down nuts as temperatures near freezing. He crawled out on a 30 foot limb and was too numb to move before a fire crew with a long ladder rescued him after about ninety minutes.
San Saba County Farm Bureau will elect officers at a 7 30 p m meeting Monday at the County Courthouse. Terms expiring include Vice President Howard Perry and Secretary Treasurer M A Terry.
An ambiguous radio snippet lists a 6:40 time, references to Alber Sau and realises a eerie hour, plus a sequence mentioning Musica Alegre and a discoteca. It reads like partial program notes with scattered names and times.
Eleven persons charged with contempt of Congress for refusing to answer questions before the House un American activities committee posted bail. Notables include Dr. Clarence F Hiskey, a chemist linked to atomic work, and Louise Branston Berman plus seven United Electrical Radio and Machine Workers officials.
Africa's population averages 15.1 persons per square mile, reflecting modest rural spread and higher concentrations around urban centers and coastal regions. The figure highlights regional variation and the broader trend of population distribution across the continent.
Cotton futures fell sharply as hedge selling and near term liquidation dominated trading. December contracts led the declines while spot prices eased, with privateadvices improving demand and the Southern spot market closing around 42.74 cents per pound, down from Friday.
A garbled Walveston price list notes various commodity grades and prices with terms like good middling and strict middling. Several sales figures are listed, including a reported sale of 1 730 units and spot quotations for Orleans in a fluctuating market.
The Memphis Tenn field reports cottonseed oil futures closing 1.65 to 2.00 lower as Prime 41 percent protein meal products show weaker demand. New York wool futures also dropped Friday with overall market sentiment dampened by war-related concerns and weaker demand signals.
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