Livestock Market Report from Kansas City and Chicago
Kansas City notes weak to lower prices for light to medium fed steers with cows and heifers weak, bulls higher. vealers and stockers mixed amid sparse choice, with top cow prices around 18 dollars. Chicago shows hogs, cattle, and lambs trading unevenly with steady to lower trend on many weights, buyers shifting while weekly averages reflect broad volatility.
MENTIONED IN THIS ARTICLE
Kansas City
USDA
Sue
Choic
Gales Ood and
Choice S
Eos
Rei
Chicago
Roy
Highndee
Inces
Phoenix Dairy to Move as Central Ave Plant Is Sold
Los Angeles developers buy Central Avenue Dairy in Phoenix, plan a $25 million Central Avenue subdivision with homes, shopping center, medical facility, and apartments. Carnation Company to build a $300,000 milk plant at 2100 West McDowell Road, leasing dairy facilities during transition. Old Chief the horse retires after 18 years of service.
MENTIONED IN THIS ARTICLE
Gazette
Central Avenue Dairy
William Backstrom
Los Angeles
Carnation Milk Company
Hubert E. Geare
Albert Behrstock
Phoenix
Central Avenue
Carnation Company
National
North Central Avenue
Carnation
Siam gold airlift to United States amid Cold War fears
Forty eight tons of gold valued at 40.32 million dollars were flown from Japan to the United States by Siam government. Seven Trans Ocean Airlines flights carried 13 500 pounds per plane under armed guard. The shipment, unseen until an Anchorage refueling stop, is said to belong to Siam and to be moved to Federal Reserve vaults in New York to prevent Communist seizure in the Far East.
MENTIONED IN THIS ARTICLE
New York
United States
Government of
Siam
Trans-Ocean Airlines
Japan
Elmendorf Field
Anchorage
Alaska
Bank of Siam
Bangkok
Thailand
Federal Reserve Bank of New York
Far East
Federal Reserve
Oakland
Slick Airways
Agriculture Department
Bureau
International Wheat Council
London
West Germany
Utilities Banks Watch Pacific Power Sale
Private utilities and investment banks monitor the proposed sale of Pacific Power and Light to a New York syndicate led by B. J. Van Ingen and Company. The SEC will hold a January 23 hearing in Washington to decide on contract terms. The deal values Pacific with assets of 77 million dollars and a base price of 10 million, potentially rising to 19.5 million with contingencies.
MENTIONED IN THIS ARTICLE
New York
Pacific Power and Light Company
Securities and Exchange Commission
Washington
Pacific Power and Light
Oregon
American Power and Light Company
West Coast
Pacific
B. J. van Ingen
Pacific Company
Wall Street
van Ingen Group
Northwest
Slum Clearance Plan for Phoenix Housing Project
Emmett McLoughlin, chairman of the Phoenix Housing Authority, said construction of 500 new rental units in a $3,000,000 slum clearance project could begin by fall. Survey requirements have been liberalized, allowing site selections within two weeks. The remaining 500 units will start after the 1950 census is finished.
MENTIONED IN THIS ARTICLE
Emmett McLoughlim
Phoenix Housing Authority
Radio And TV Support Slips Packers Firm
New York stock market closes mixed amid late selling in radio and television shares. Meat packing stocks steadier with gains near the close while Admiral declines and Magnavox Zenith hold, as turnover nears 1.1 million shares for a Saturday session. Brokers say market remains on solid footing despite volatility.
MENTIONED IN THIS ARTICLE
New York
Admiral Corporation
Magnavox
Zenith
Bonds steady with Missouri Pacific leads market gains
New York AP report notes a quiet bond market with a steady undertone. Missouri Pacific bonds break from range with gains including 5s of A moving up over a point and 10 Series G 5s at par, while New Haven loans and NY Central issues show modest strength. Some losses shown in Northern Pacific 8s, old Western 5s, and cargoes. Florida East Coast 10 sold at 60.1/4. Weekly figures reflect mixed performance across Rails, Industrials, and Utilities sectors.
MENTIONED IN THIS ARTICLE
New York
Missouri Pacific Bonds
New Haven
New York Centrals
Pennsylvania Railroad General
Northern Pacific
Old Western
Conyages
Florida East Coast
United States
Sec
Bondavera
Associated Press
Util
Trend Of Staples Fall Amid Commodities Shifts
Market data show Staples index easing today to 139.91 from 159.93 yesterday. The week moves around 160.57, with monthly and yearly figures uneven. Highs reach 177 while later readings show declines to 112.02 amid ongoing volatility.
Grains Climb Slowly New Wheat Up Cent
Grains rose hesitantly on the Chicago Board of Trade as a firmer New York stock tone aided sentiment. New crop wheat deliveries gained about a cent while corn, oats, rye and soybeans showed mixed moves. Trade notes included Portugal buying 3,000 tons of red wheat and a possible subsidy hike on wheat exports boosting bullish outlooks.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
New York
Portugal
Atlantic Coast
Cash
Washington
Agriculture Department
Department
House Control Fight Shapes Truman Civil Rights Push
The battle for House control pits administration Democrats against a Republican Dixie coalition. They seek to restore the Rules Committee’s power to stall bills, threatening the Fair Employment Practices Bill and other Truman program items. Sabath signals possible delay beyond January 23.
MENTIONED IN THIS ARTICLE
Washington
Truman
House
Rules Committee
Adolph Sabath
Illinois
Texas Leases To Be Bought For 10 Million
Dallas Jan 14 AP a parcel of land in Scurry and Kent counties is set to sell for 10 million Barnsdall Oil Co Tulsa and Sea Board Oil Co Dallas will acquire L H Wentz estate properties in 30 days Terms include 5 million cash and 5 million in oil revenue from 1/16 of production Involved are 982 acres in Scurry with two producing wells and one drilling Kent portion covers a 27000 acre lease Barnsdale will operate the property.
MENTIONED IN THIS ARTICLE
Dallas
Scurry County
Barnsdall Oil Company of
Tulsa
Seaboardil Company of
L. H. Wentz
Scurry
Kent
North Snyder
Barnsdale
Tiny Infant Holds Own In Torrance Hospital
In Torrance California a baby girl weighing about one pound three ounces is reported holding her own in an incubator. Kathryn Elizabeth, third child of A W and Frances Hinckley, was born last Thursday night. Doctor K T Sherry said the infant receives oxygen and will not be fed for 36 hours. The baby is no more than 11 inches long and her head would fit into a water tumbler.
MENTIONED IN THIS ARTICLE
Torrance
Calif
A. W
Frances Hinckley
K. T. Sherry
Kathryn Elizabeth
Sherry
Grain market quotes and price notes from Los Angeles
The report lists nominal quotations for cash grain in Los Angeles with fluctuating values. It highlights No 2 bulk wheat at 3.72 and 3.72 percent, barley 2.72, oats and corn around 2.88 and 2.7, noting market fluctuation and bulk carload pricing amid mixed demand.
Cotton is Firm New Crop Strong
Cotton futures opened firm as new crop months from October 1950 to May 1951 drew strongest demand. Commission houses bought distant deliveries while trade purchased near contracts, some covering against export sales and others betting on higher export potential. Futures rose 35 to 80 cents per bale, with quotes for March through December shown.
MENTIONED IN THIS ARTICLE
New York
Dow Jones Furnished the Final Averages Report
Financial results note final averages from Dow Jones for E F Hutton and Company and affiliates. Data includes net indices and figures such as BFS 181 1983 198.37 with sector indications for rai and ge oe io.
Cottonseed Oil Futures Report From New York
Brief auction note from New York shows January oil futures for cottonseed with a price around 2.728 and December contract at 2.728 while bleachable cottons and related metrics are mentioned in terse market language.
MENTIONED IN THIS ARTICLE
New York
Spot non ferrous prices drift in New York market
AP dispatch from New York notes spot non ferrous metals posting minor activity on January 14 with prices for 2 pound Connell and flax futures quoted in Minneapolis. Trade details show scattered bids and modest price movements amid light demand.
MENTIONED IN THIS ARTICLE
New York
East
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N. Y
NEW_ YORK
Permeteyi
BET
Taft
BittSeré
AllisChall
mAirlines
Gabriel
Ie Sa
ReevesBrosla
AmHi&Lea
ReynMett
Gillette
Senate
Eartlao
AmstiFa
Goodyea
AmTel
Peatricen Cece
Howe
PRI coSugle
Beec
Benefindt
Ped SouraPacs
engMng
Interlakell
Uu Bliss
Usimcb
Boeing
Sun Em
Jacobs FL JaexerMch
En&sw
Eneransw Air
Uw Libmcn
Ches
LouNesns’s
MagmaCop Unitm&m1
MarineMid
VaCaroChem VaEl
WestAir
ContCanla
CrownZell
Eo Dean Ioe
Davison
DanaCpla
NehiCoro
KIA
DeVilbiss
Ristocent U2
North West
Epper
NoAmArt
DoehlerJazza
Panaairwiz
Adame
Pioneer
Backstrom
Old Chief
Geare
Albert J. Behrstock
Ralph G. Burgbacher
A. J. Burgbacher
California
Osborn Roads
Sportsman’s Park
Seventh Avenue
U.S
Orient
China
Banks Watch
Cosden Retro North
Cosden
Crosley
Ei Bond & Sh
Polaris Mag Air Way
Shequity Corpoa C Ltd
Alaska Air
Fairchild E&a
Acaibo
Umnia
Texas
Dow-Jones
E. F. Hutton
Com
Erura
Chru Datta Old Line Stock Companies
A.B. Robbs
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