Market Irregularity Seen Amid War News Phase
Lewis Haney analyzes irregular market movements tied to Korea and war conditions. He notes two stock groups emerge with war beneficiaries like airplane producers and iron/steel, while building materials and certain consumer goods lag. He warns political uncertainty and a prolonged conflict could keep volatility high and urges patience until the Korean front stabilizes and market charts improve.
MENTIONED IN THIS ARTICLE
Korea
Russia
Three bandits rob $16,000 payroll in Lawrence raid
In downtown Lawrence three armed bandits seized $16,000 payroll from Lloyd Miller manager of the Service Woodteel Shoe Co as he paid Bay State Merchants National Bank. Two fled with the payroll in Miller’s car while a third escaped on foot.
MENTIONED IN THIS ARTICLE
Lawrence
Mass
Uos
Lloyd Miller
Woodteel Shoeco
Bay State Merchants National Bank
Miller
Grass seed boom follows soil conservation growth in Texas
Visiting experts from the National Observational nursery project in Beltsville and the South African Division of Agricultural Education study American methods at Kingsville, Sutherland Springs, and San Antonio grass nurseries. They note rapid native grass diversification since the Soil Conservation Service's 16 year start and observe buffel grass and Nile grass in experimental plots as Africa explores seed processing challenges.
MENTIONED IN THIS ARTICLE
Soil Conservation Service
Pacific Northwest
Franklin J. Grider
San Antonio
Crider
Beltsville
L. C. C. Liebenberg
Division of Agricultural Education and Research
Liebenberg
Pretoria
C. E. Webster
Ft. Worth
Dave Foster
King Janeh and
A. and J. College
Kingsville
Cattle and Hogs Markets Reported With Mixed Prices
Market notes from Uvalde and San Antonio describe cattle and hog prices amid varied cattle weights. A shipment of 40 mixed cattle averaged 995 pounds at 24.1 cents per pound, while hogs rose to 22.75 dollars per hundredweight, the highest since December 1948. Prices generally steady to firmer, calves higher after holiday receipts.
MENTIONED IN THIS ARTICLE
San Antonio
Uvalde County
Local Rancher Moves Mature Grass Steers Sale
J H McLean lists a large load of mature grass steers, with half bought on feeder account. Beth Nelson, appointed Comal County home demonstration agent, is C Nelson Kendall County agricultural agent’s daughter. She is active in 4H and a graduate of Texas State College for Women at Denton.
MENTIONED IN THIS ARTICLE
Mise Fily Beth Nelson
Comal County
C. ©. Nelson
Kendall County
Texas ’State College For Women
Denton
Officer Gets 5 Years in Federal Embezzlement Case
Lt. Bascom B. Boaz, 42, former paymaster of the navy tanker Navasota, was sentenced to five years in a federal penitentiary after pleading guilty to embezzling 19000 from navy funds. He described his $19000 spending across California Nevada and Utah while testifying to the FBI.
MENTIONED IN THIS ARTICLE
Los Angeles
Bascom B. Boaz
Boaz
Navasota
FBI
California
Nevada
Utah
Ulm Corp Gets Charter for Major Houston Project
Houston July 1 The New Ulm corp in Austin received state charter for an 8.25 million project led by Glenn M McCarthy with corporators A G McNeese Jr and R A Wade. McCarthy says 5 million will fund New Ulm oil field development in Austin County and pay McCarthy Oil and Gasco debts. The charter lists 5250000 capital stock fully paid including 1000 common shares and 9000 preferred shares.
MENTIONED IN THIS ARTICLE
Houston
Texas
Ulm Corp
Glenn M. McCarthy
John Ben Shepperd
Austin
Iwe
McCarthy
A. G. McNeese Jr
R.A. Wade
Oul
Metropolitan Life Insurance Co. J
Ulm
Austin County
McCarthy Oil and Gasco
Shepperd
Smart
Dia
Also Mentioned on This Page
Lewis Haney
Washington
D.J
Bandits
Texas Trails
Pat Higgins
Sutherland Springs
Africa
Lichenberg
Foster and
Higgins
U. S
Wilson County
Foster
Buffel Prass
J. H. McLean
Adwriter
Chicagoan
Chicago
INS
Agnes W. Barrett
Cerds
Fukien
Hong Oy
Ea Renton
Agus Bane
SW. Harper
Bond
Kentucky
TONE
Kentick
Harper
Istileing
Louaspulee
Mercury
America
Chas. Dill Motors
Broadway
Thompson Motors, Inc
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