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Newspaper
Llano News
Location
Llano, Texas, United States of America
Date
Jul 13, 1933
Page
6
Roosevelt declares the Recovery Act aims to put hundreds of thousands back to work and lift living wages. He argues for shorter work weeks with, higher pay, and broad employer cooperation to restore the nation’s economy and avoid starvation while driving a united national effort.
The Angelo Standard-Times reports 1933 prices spiking for wool and cotton with a $10 million surge to wood producers and a cotton surplus near a year’s supply. Wheat faces pressure though vast grain stocks act as a price brake. Secretary of the Interior urges balanced production and strong brewer cooperation to lift markets.
Long obituary honors Jim H. Lowry of Honey Grove Texas born Belle Tennessee pioneer editor and writer. Details his 37 years as editor of the Honey Grove Signal his influence in Texas journalism and his role in the Current Comment department of a Monthly Magazine Section. Messages praise his humility gentleness humor and devotion to friends. He is remembered as a self made man in Texas journalism and a former Texas Press association leader.
Texas cotton mills accelerated output sharply from April to May 1929, rising 43 percent to 53,060 yards. May sales reached 8.878 million yards, near record levels since January 1927, as unfilled orders fueled rapid production and rising demand reported by the University of Texas Bureau of Business Research. The May totals surpassed most months this year and rivaled peak periods, signaling broad recovery in the cotton sector.
May production surged to 16 746 900 yards signaling one of the highest totals on record for Texas textile mills with a 1.8 percent rise from April. May's output far exceeded May 1922 figures and topped year earlier backlog while April showed 1 morate 1 86 000 yards.
The Fort Worth Stop Telegram describes rising wool and mohair prices boosting Heart of Texas counties including McCulloch Mason San Saba Llano and Gillespie. Bank deposits rise and farmers pay debts while sales surge, with 3.5 million pounds wool and 300,000 pounds mohair projected to move, spurring local business and land payoff amid a broader economic upturn.
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