Cattle and Hogs Steady to Higher at Texas Markets
Anto nio and Fort Worth stockyards report cattle futures steady with higher hogs and active sheep trading. Cattle receipts near 4,100 across markets show calves and slaughter steers mixed, with hogs notably active and sows higher. sheep and lambs steady to strong amid varied weights and regional demand.
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UT Teacher Wins Radiation Lab Post
William A. Jenkins of Amarillo, a UT graduate student and chemistry instructor, is named to a post doctoral fellowship in the Radiation Laboratories at the University of California. He will work under Dr. Glenn Seaborg, co discoverer of several artificial elements, and plans to begin in September after earning his PhD in June. Jenkins has conducted graduate research at UT under Dr. George W. Watt, a noted nuclear fission scientist.
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Foley Reappointed to Dallas Flood Control Board
Ray A. Foley of Dallas was reappointed for a six year term on the Dallas County Flood Control District Board of Directors. Governor Allan Shivers announced the appointment on Wednesday.
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Stocks Edge Higher Amid Burst of Activity Despite Broad Quiet
Stocks moved little overall in a brisk session with the Associated Press average near last week’s high. Aglas Aircraft surged on strong earnings and a cash dividend, while Magnavox and Radio Corp led gains among active issues. Several rails, utilities, and industrials faded modestly as the market absorbed news and a robust turnover of about 1.37 million shares.
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U. S
Shivers To Address IMA Convention Banquet
Governor Allan Shivers will speak at the Mineral Wells banquet during the Texas Manufacturers Association annual convention. He earlier attended events in Fort Worth Wednesday and participated in a Broadway Church program.
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Cotton Futures Firm on Parity Prospects and New Crop Increases
Cotton futures rose to season highs as parity prospects and New Orleans demand supported gains of over 1 a bale. Traders anticipated a 90 percent parity loan next year while a 20 percent cut in cotton acreage was expected. Old crop gains were capped by hedge selling and profit taking as mill inquiries and print cloth sales remained strong for first quarter delivery.
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Grain market prices advance in active dealings
Grain prices rose in active trading as traders weighed a farm bill and overseas wheat shipments. Soybeans led gains while corn and oats rallied modestly, with wheat showing limited strength amid bakery flour demand. Cash grain values in Chicago reflected mixed moves across wheat corn and oats.
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Ireland
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Illinois
Unitization Law Taxation Rule Clarified by AG
Attorney General Price Daniel ruled on unitized oil field leases that all royalty owners are joint owners of the royalty in the unitized block. Each owner should be separately assessed for undivided interests in each tract when separately rendered, per the opinion responding to Wharton County inquiries.
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