Wheat Futures Slump After British Devaluation Move
London devaluation of sterling unsettles grain markets. Wheat fell about 234 cents as corn oats rye and soybeans also declined in Chicago trade. Government cash bids edged down and futures in Kansas City and Minneapolis followed the broad decline.
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Chicago
Kansas City
Minneapolis
F.O.B
Philadelphia
Cotton Prices Edge Down In New York and Gulf Markets
Cotton futures eased under moderate selling pressure on Monday as the pound sterling fell, with final levels 80 to 70 cents a bale below the prior close. Dealers expected limited near term impact from the currency move, noting most exports are financed with government programs and EC A dollars. Spot cotton in Galveston and New Orleans closed steady to lower, with varying middling and low middling prices and activity noted in Gulf markets. An Alabama census read showed August consumption well above July, while overall exports may shift into government hands if demand softens.
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Life sentence for murder in Texas sheriff shooting
George Holland, a Negro, pleaded guilty to murder in the fatal shooting of Sheriff J. J. Pierce. A Crosby County 110th District Court jury imposed life imprisonment for the August 2, 1947 incident at Ralls.
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Silverton
George Holland
110Th District Court
Holland
Ralls
Crosby County
J. J. Pierce
Free Book on Arthritis and Rheumatism at Excelsior Springs
A Missouri clinic offers a free, enlarged book titled Rheumatism explaining why drugs fail and how to obtain lasting relief. No obligation to act. Send your letter today to The Ball Clinic Dept. 2302, Excelsior Springs.
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Excelsior Springs
Ball Clinic
Missouri
Livestock Prices Steady Across Multiple Markets
San Antonio and Fort Worth auctions report cattle, calves, hogs, and sheep with steady to weak trends. Cattle sales show grass steers slow, stockers active, and good slaughter calves strong. Hogs mostly steady. sheep and goats near steady with selective gains and losses across grades.
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San Antonio
Mkt
Goa
Fort Worth
Chicago
USDA
Colorado
Wyoming
Wall Street Holds Ground Amid Pound Devaluation Turmoil
Market paralysis after sterling cut and world currency shifts. gold stocks rise while overall shares slip. Bankers note overseas income risk, but trade realism improves. steel wage talks near critical strike.
Barriers Blasted Housing Conflicts Settled By New Law
Texas Democratic co chair Wright Morrow said new housing legislation lets private enterprise and government work together for the common good. He spoke at the Southwest Regional Council meeting as housing officials from six states prepare to discuss the 1949 housing law with officials from PHA and the NAHO.
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Houston
Texas
National Democratic Co
Teeman
Wright Morrow
Morrow
Southwest Regional Council
The
National Association of Housing Officials
John Taylor Egan
Washington, D. C
Public Housing Administration
Lawrence M. Cox
Oklahoma
Louisiana
Arkansas
New Mexico
Misssissippi
Power for Oklahoma Increased at Denison
Denison Dam began outputting double the electricity with a second 35,000-EVA generator in service. Power is sent to Oklahoma Gas & Electric for distribution in Oklahoma with priority for municipalities REA projects and federal installations. The arrangement mirrors the Texas Power & Light distribution from the first generator.
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Denison
Denison Dam
Oklahoma
Oklahoma Gas & Electric Company
Southwestern Power Administration
Og&e
Texas Power & Light
Texas
Capital National Buys Yellow Cab Company
Capital National Bank completed the bankruptcy sale of the Yellow Cab Company for 19386 dollars. Receiver B R A Jordan told Judge Jack Roberts the bank was the sole bid on 32 taxis and equipment. Roberts approved the sale after unsecured creditors sought to halt the process amid the bankruptcy suit.
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Yellow Cab Company
Patton's Incorporated
Capital National Bank
B. R. A. Jordan
Jack Roberts
126Th District Court
Roberts
Nevills Couple Killed in Utah Plane Crash
Norman Nevills aged 41, famed Colorado River guide, and his wife Doris 35 were killed when their light plane crashed and burned at Mexican Hat Utah. Their eight year old daughter and Nevills’ mother witnessed the wreck in shock.
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Utah
Norman Nevills
Doris
Nevills
Plane Crash Kills Nevils and Wife in Fire
In a during takeoff attempt, the plane crashed and burst into flames. Both Nevils and his wife were found dead, their bodies charred in the wreckage.
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Nevils
Amm-i-dent Ammoniated Toothpaste Aims to Prevent Cavities
A historic toothpaste touts Amm-i-dent as the first genuine ammoniated paste derived from Amm-i-dent Tooth Powder. It uses Carbamide and Dibasic Ammonium Phosphate to curb acid bacteria and reduce new cavities, while noting it cannot repair existing decay.
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Amm-i-dent
Ammi-dent
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