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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Aug 07, 1933
Page
7
The August report notes a rising retail buying volume in cities and towns as NRA programs boost confidence and payrolls. Bankers report growing demand for loans and optimism in real estate and consumer spending, with furs and building goods seeing upticks and a broader retail push anticipated in the fall.
San Francisco August 7 earnings briefs show marked Pacific coast gains with Paraffine Industries posting 314 835 in six months versus 56 62 a year earlier Glandard Oil California second quarter profit 21 918 500 against a loss 8 719 000 first quarter Pacific Western Oil halves its half year net to 172 340 from 435 400 deficit in 1942 Globe Grain and Milling reports net profit 17 092 for year ending June 30 down from 400 789 a year earlier.
Hollywood report describes Jack Brus and Charles Frederick entering an apartment in a canyon near Sacramento after police say they misused a flat. A worker heard greetings and confusion followed as Mrs. Morris Fine and sister Mrs Mey Ua were involved in the ensuing summons. Both men pleaded innocence to charges of battery and sought trial.
Rapid response to the NRA program marks another week of progress in the South. With prices stable despite commodity declines, construction projects worth millions are under way, and employment shows gains. Merchants report higher sales and wage increases while stores extend hours to hire more staff. Farmers push for higher tobacco support and hope for 12 cents cotton as farming areas rally.
Chicago wholesale business continued to gain momentum last week with increased sales and orders. Retail trade remained strong with rising employment and rising July sales at major outlets. Power output rose 18 percent year over year while steel and building activity showed mixed gains.
Obituary notices report Pauline Dwenger 66 of San Antonio died Tuesday with services at St Cecilia’s Church led by Rev M S Gartigs. Survivors include husband Wilham Dwenger daughter Flumnee son Alfred and mother Mrs George Benneck along with five sisters and 180 extentents living in San Antonio. Burial at San Persaendo cemetery. Another notice lists Marian Mason and others with service at a local chapel and burial at Mission Burial Park with officiating clergyman.
Jim Ferguson plans to attend the Tality division reunion at Camp Palachis as a beneficiary of the division’s veterans events. He aims to join fellow former service members and recall wartime experiences at the gathering.
In a partial and unclear OCR fragment a local notice references six protective firms and NRA signage with scattered place names and numbers. The readable bits hint at a local business or municipal matter involving a sign action but the text remains garbled and non-specific about dates or actions.
The report notes a sustained General Motors recovery through the first half of 1933 with a 71,984,148 year over year sales increase and 90 percent of those gains converted to cash, reflecting stronger demand driven by agriculture's improved cash crop movement. The June period shows higher vehicle output and a notable rise in farm purchasing power boosting car and product sales.
Grain prices in Chicago rose and fell with wheat leading gains amid drought fears in the Canadian North, while corn showed initial declines before partial recoveries. Provisions steadied as buyers and sellers reacted to late October delivery dynamics and regional crop shortages. San Antonio market notes list prices for shelled corn, wheat, and hay received by farmers, with bid values and delivery terms.
Workers idle seek new roles as brick production rises in MALNEN. An employment reinvention program trains unemployed men as brick makers, anticipating a new city warehouse project that will require about 75,000 bricks before completion. The facility will provide city machinery storage and related services.
LAROCK Aug 7 More Texas counties represented among the 1000 students who attended Tech this summer. Students from China and other areas joined Texans, with various sections showing diverse representation at the institution.
The San Antonio livestock market opened with a solid, active day as buyers bid for cattle, calves, and hogs. Prices showed strength on top lots with prices around 4.00 for standout steers and a broad range of bids across categories, while feeders and dairy stock posted mixed results. A large run of iron and mixed lots moved through the yard, with several carloads and consignments from Winter Haven and nearby outfits.
The July break in speculative markets prompts a pause in upward moves with no broad recession seen. NRA and code deadlines shape activity. steel and auto trade show slower declines while construction may lift demand. Labor tensions and farm buying power support a gradual recovery path. Kansas City livestock and beef markets show mixed, uneven results amid overall sluggish mood.
Market mood stays cautious in New York as bulls and bears hold a tepid truce amid thin activity. Notable movers include American Telephone, United Aircraft, Chrysler, Genu, and Nations Biscuit with mixed price shifts and caution over inflation signals and regulatory actions in transport and steel sectors.
The New Orleans cotton market opened quiet with losses in early trades as traders awaited the government crop report. Prices slipped to around 10.6 and 10.2 for near and December futures, then firmed slightly yet remained volatile amid liquidation. Trading volume neared 10 million bales, with New York and Liverpool markets noted for holiday cues.
The New York market column shows mixed movement in currencies and commodities with bar silver at 35 percent, spot gold and foreign exchange figures varying against the dollar. Major exchange rates and city price notations cover London Paris Tokyo and other centers, including Montreal and Hong Kong, with nominal values and daily demand notes.
New York August 7. The Wall Street Spectator reports a dramatic shift looming as markets wobble. Prices dip but speculation remains cautious with utilities under debate and inflation talk revived to spur buying and job creation.
A record from the market notes supply light on, with a mix of fruits and vegetables listed at varied prices. Texas yams, coloraido produce, and assorted greens appear with prices per basket, crate, and pound, reflecting a brisk but uneven early morning turnout at the wholesale market.
Members of the American Legion auxiliary in McAllen area plan to elect officers for the permanent auxiliary. Edinburg hosts the gathering with district officials posting notices and plans to enhance convention activities. Delegates will convene, with organization oversight and host city arrangements highlighted by local leaders.
Bankers from Mason and nearby entities will attend a Saturday gathering in Fredericksburg to discuss a regional finance meeting. Local bankers invite attendees to participate in the invitation-only event hosted by the Mason association.
A reading of current offerings notes a domestic comedy drama with Helen Hayes and Rover Montgomery as two young lovers aided by Louise Closser Hale in a motherly role. The showcase includes Olive Brook in Midnight Club with George Raft and Helen Vinson, plus a six shooter Western Fuego Express starring Ken Meynard. The program also promises Burlesque melodrama The Unwritten Law and a jungle mystery serial featuring new characters, aiming to entertain families this week.
Karnes County launches a national recovery and agreements program following a county business meeting at the courthouse. Judge J. O. Kinge named chair and L. F. Jauer elected secretary to organize the effort.
Listings from New York and Chicago markets show live poultry prices, fresh eggs, and dairy items with regional variations. The report includes remarks on creamery products, market quotes, and observed demand, reflecting mid‑summer trading and distribution in major centers.
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