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Austin American in Austin, Texas

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Newspaper

Austin American

Location

Austin, Texas, United States of America

Date

Sep 06, 1950

Page

13

Cotton futures reach season's high and 30-year peak

The market reports a surge in cotton futures to season high and a 30 year peak while New Orleans and Galveston spot cotton show steady gains. Stocks rose in New York trading with modest advances across many issues amid a quiet session.

Austin American Austin Texas New Orleans Molly Galveston Houston Savannahee Charleston New York Boston

Steel Industry Outlook Blasts to 1500 Tons Daily

A modern blast furnace will produce about 1,500 tons of steel per day. Livestock markets show varied moves with cattle and calves trading under steady to higher tones. slaughter steers and stockers mostly up to 50 cents higher, bulls up to 25 cents, with loads of choice beef cattle quoted around 32.75 to 34.15 per hundredweight and other grades ranging down to 19.25 to 30.50.

New York Memphis Chicago USDA Sala San Antonio Fort Worth

Market Report Sees Steady Demand on Small Packaged Goods

Price ranges noted for assorted livestock and feed items with steady to weak demand. Iowa fed cattle traded around 93 pounds per head, with skins quoted in the low to mid 20s and several lot weights up to 25.50.

Late cashing pushes grain deliveries down

Chicago Sept 5 AP Late profit cashing at the Board of Trade pushes most deliveries to the day's low after corn and oats hit seasonal highs. Wheat near unchanged to fractions lower. corn and oats mixed with profit pressure. Strong soybeans on export talk. lard and cottonseed oil influence. Fort Worth and Kansas City grain desks report mixed prices and solid cash bids amid light country offerings.

Memphis Augusta New York Little Rock Dallas Montgomery American American Airlines American Woolen Anaconda Atch Avco Mik Bethlehem Steel Braniff Airways Chrysler Corp Cent'l Motors Curtiss Wright Freeport Mo-Kan-Texas Monts Ward Oadnawe Aviation Ohio Oil Om Packard “Motors an-Am Airways Panhandle P&r Enney (Jc Ind Oun Exas Company Texas Exhas Gulf Tidewater Woolworth Chrysler Me Radio Corptee Ccrysier Oe Seccer D's Dow-Jones Hig Net Chang At&sf Cent Ga'a MKT Penn RR St Louis SF Dius Sou Pac Tex Corp Natal Humble Oil Chicago Board of Trade Norway Dakotas Italy

Cattle and Hog Market Totals From San Antonio and Fort Worth

San Antonio notes cattle and calves mixed with steady to strong bids and active stockers. Fort Worth reports cattle numbers and prices with fat calves rising and hogs mostly steady to lower, highlighting regional market conditions and price ranges.

Also Mentioned on This Page

Broad Trade and Commission House Nate T Washington Sept Associated Press Rails Radio Corporation Federal Communications Commission Columbia Broadcasting CBS “B Aveo Manufacturing US Steel Sorong-Vacuum Greyhound Republic Steel American Bosch Noma Electric American Zinc Columbia Gas Canadian Pacific Nickle Plate Philco International Paper NY Central Interior Movement The Gulf South Trai Gulf South United Gas Central Lavaca Kansas City Grain Kansas City Ners Minneapolis
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