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Newspaper
Austin American
Location
Austin, Texas, United States of America
Date
Oct 16, 1948
Page
5
Cattle classes mostly steady with steady receipts for cattle and calves. Medium to good quality steers and yearlings remain active while bulls and cows show slight movements. Hogs and pigs see modest gains with slaughter lambs and feeder lambs trading near steady levels.
Iron ore from Lake Superior region accounts for about 85 percent of the material used in US steel and iron production, underscoring the region’s central role in the nation’s metal industry.
AP reports a steady but uneven trading day with early losses trimmed as buyers emerged. Volume dipped to about 910000 shares while the Dow and broader averages mostly held at or near the morning level, with utilities up and rails softening slightly. Foreign exchange rates showed mixed moves, with the British pound steady and the Canadian dollar posting a small discount.
The piece notes River Lady despite a tired plot delivers above average entertainment aided by Yvonne DeCarlo Rod Cameron Dan Duryea and Helena Carter. It praises lumberjack setting log jams and authentic action while acknowledging moments of humor and believable acting.
A mixed review of Judy features Jane Powell as a 16 year old girl facing teen romance and family tensions. Elizabeth Taylor portrays her friend as her father neglects the family while Carmen Miranda and Xavier Cugat contribute musical interludes. Overall the two hour film entertains in musical moments but feels bloated.
USDA reports Oct 1 crop forecasts for Texas show declines from Sept 1 for cotton sorghum and corn with peanut output also down. Pecan production is raised, while drought continues to pressure High Plains yields and overall crop prospects.
New York October futures eased early on liquidations then steadied as short covering limited offerings. Nearby October contracts expired at noon with slight gains over prior close, while mid month prices posted modest rises.
Galveston October 4 Spot cotton closed steady with grades listed from good ordinary to strict middling. Prices ranged from 21.25 to 31.35 per unit with near term values around 31.35. A note mentions about 1,200 gross pencils could be produced from the average tree.
Chicago reports wheat closing 1 2 percent higher with corn reversing early losses to end up small gains. Oats and rye rise modestly amid ongoing cash grain strength. lard up 50 to 80 cents per hundred pounds. Kansas City and Fort Worth grain markets show mixed moves while New York wool drifts lower on profit taking.
Austin Aerie No. 2851 of the Fraternal Order of Eagles plans a barbecue next Monday night at the Zilker Clubhouse for members and families. President A. S. Hull announced barbecued food, refreshments, games and dancing. It will be the first gathering since the group formed months ago, with about 200 expected in attendance.
The Chinese Government plans talks to replace the 1939 air pact ending Sept. 9, 1949. The new agreement is expected to cover mainly the Alma Ata to Hami route operated by the Sino-Soviet Airline.
In Temple on Oct 15, fifty young Army trainees paid $7,400 to charter an American Airlines transport plane home. The 18 and 19 year olds, with ten days before advanced training at Camp Hood, paid $150 round trip or the full charter price for all 50 seats and then flew out Thursday at 6 p m CST.
About 225 people attended the Texas Surveyors Short Course Conference as they formed the Texas Surveyors Association. A future meeting will elect officers. The group aims to raise qualifications and ethics for Texas surveyors and push needed legislation. The course was sponsored by Land Commissioner Bascom Giles, the University of Texas, Texas A&M, and the State Board of Examiners of Land Surveyors.
Funeral services for City Traffic Officer Walter Lee Tucker 26 who died after a motorcycle collision with a car at South Congress and Monroe will be held Sunday at 8 a m at Cook Funeral Home with Rev Finnis Williams officiating. Burial follows in Plainview at 5 p m. An investigation into the crash continued Friday with statements from 11 witnesses. the car driver was Paul Lundell 63 of 1705 Haskell Street. Tucker joined the force April 16 1946 after serving in World War II.
The record shows multiple divorce filings in 96th and 126th district courts including Dorothy Harrison v John Harrison Jr Lola Fletcher v Lola Fletcher and Bessie Stalnaker v Guy Stalnaker. It also notes pending matters Jeanie Miller dependency Virginia Chandler dependency and probate filings for will of Loula Dorr Moses and appointment of Derritt Moses as executor. Licenses issued and new car registrations are also recorded.
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