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Newspaper
Amarillo Globe
Location
Amarillo, Texas, United States of America
Date
Jul 17, 1931
Page
9
State Treasurer Charley Lockhart announced the general fund deficit with outstanding warrants up to 108,070 and a treasury balance of 191,118. He expects the deficit to narrow as the quarterly occupation tax receipts begin, potentially cutting the shortfall to 500,000 or less by August 1.
The Interstate Commerce Commission moved up the filing deadline for exceptions to the examiner's report in the Texas and Pacific case to September 1. The report urged building only the south end from Big Spring to Amarillo and Vega, with the examiner recommending Big Spring to Lubbock. Replies are due by October 1. North Carolina farmers import roughly 500000 tons of hay yearly from other states.
The report notes Lockhart does not expect the state to be on a sound financial basis before next February, reflecting concerns about ongoing budget issues and fiscal stability.
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