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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Aug 27, 1935
Page
19
Washington dispatch summarizes federal actions challenging New Deal programs. Supreme Court will review cases on the AAA processing taxes and TVA, with government arguing constitutional issues and potential impact on the 1938 campaign. Also notes railroad earnings reports and corporate profit shifts for the period ending June 30.
Market activity weakened as buyers were absent and foreign risk dampened demand. Prices for gilt edged securities and commodities fell while American markets opened firmer on balanced news. Trading remained uneven as investors weighed international developments and domestic factors.
PARIS Aug 27 AP The United States dollar weakened on the foreign exchange market today while the franc rose to 38.08 francs per dollar, 6.626 cents to the franc. New York reports noted closing at 27e for the franc, with other gold prices remaining steady and the market watching central bank actions.
The report shows radio broadcasting ad costs in the first five months of 1995 surpassing any similar period in prior years. Full-year peak was 42,600,000 in 1804, while 1995’s five month total reached 22,128,008, more than double 1940’s five month figure of 10,058.00 and only 4,672,000 short of the 12-month total of 1530.
Grain quotes eased in Chicago and Liverpool as Winnipeg wheat faced pressure from the new Canadian Stop Movement. Traders watched Canada’s wheat board talks while U S mills eyed imports to balance stocks. San Antonio grid prices list corn and oats with modest gains and livestock values shown.
In Boston market reports wool prices show varied activity with tea, bagges, and related goods discussed. Dealers note pricing around ten cents per unit and average sales near seventy cents for certain staples as buyers and sellers negotiate amid steadier demand.
Josey Rubin, manager of the local branch, warns holders of quality stocks not to dispose of their holdings. He argues that recent quilty and holding company regulation must pass constitutional tests before dissolution. The impact on stock values remains uncertain and hinges on future law.
In New Orleans on August 27, futures for October and May rose modestly while December held around 10.34 cents, amid limited volume and hedging pressure. Traders expect delayed realization of loan-rate effects, with weather reports noting roughly ten weeks late harvest. Liverpool quotes show steady but subdued demand and prices near 10.08 to 10.60 cents, while market notes reflect cautious hedging and tentative activity.
Two men wanted by Menard authorities were on their way to Menard when Sheriff Albert W. West and Chief Investigator A. Goetz captured them near San Antonio Monday night. West reported the arrests demonstrated the effectiveness of the sub machine gun. After stopping the car Bandera road patrol, the men opened their doors as they fled. West fired into the air and both prisoners quickly surrendered.
A charge of negligent homicide was filed in County Court No. 2 against R. M. Griffin of 11 Batley Avenue related to the death of Gilbert Machado in a collision on Simpson Street. District offices of the National Youth Administration will be established in Dallas, Lubbock, Houston and Austin, announced by state director Eyncon B. Johnson who expects a fully organized agency soon.
This 1916 United States briefing quotes C F Kelley of Anaconda Copper on utility buying, regulatory shifts, and the copper market. It covers impacts of public utility controls, rural electrification, automobile demand, and silver program effects on copper prices and production. Kelley expects the second half year to improve despite government pressure and cites strong foreign competition protections.
The social security board eyed temporary use of the 4 billion relief fund to cover old age pensions and related programs as White House talks with Roosevelt and congressional leaders continue. Board member Arthur Allmeyer met in Washington while Attorney General Cummings weighs legality of diverting funds. If funds remain unavailable, work could begin using Labor and Commerce payrolls.
Joe and Rudy Huron of 254 Theresa Street were indicted by the Otentral District court land jury Tutstay for the murder of Jesse Sanchez of 1 TheRESA Street. The Hurons also face assault charges in the death of Theo Sanchez, Jesse’s brother. Chief Investigator A J Goetz said the men fought at a dance hall last August, and Sanchez died eight days later from injuries.
A Washington secretary to the Sergian-at-Arms Jamey Cheatham travels with his mother to San Antonio for a brief stopover before continuing by auto to Mexico City for a vacation. They plan to tour the capital and rest a few days in August 16.
Tuesday’s livestock sales across San Antonio and St Louis show robust cattle and hog trade with calves and yearlings selling steady to higher. Prices varied by line, with best calves and butcher cattle around 4 dollars plus, hogs mixed but steady, and packing sows and feeder pigs active amid strong demand in major markets.
U S Commissioner Paul A Lockhart was reappointed Tuesday by Federal officials R J McMillan and immediately sworn in for a third term. Appointed September 16 1928 to fill an unexpired term, Lockhart previously served as secretary to Duval West and then as a second term commissioner.
After pleading guilty to theft charges, two women were fined 15 dollars and sentenced to 45 days in jail by Judge Charles J. Matthews in County Court at Law No. 2. Juan Peres of South Comal Street pleaded guilty to theft of shifts valued at zero. Manuel Iteriandes of 701 West Houston Avenue pleaded guilty to theft and sale of clothes valued at 20 dollars in Cent J. A. Davis, Houston.
Deputies Tom Gnok and G D Holland attempted to subdue a man in Elmendorf on Tuesday. The scuffle left them with a swollen hand and splints for a broken rope injury. The restrained man was placed in the county jail.
The resignation of deputy sheriff Andy Barker, 85, was announced Tuesday by Sheriff Albert West. Barker, a veteran peace officer, said he obtained a better job. No replacement will be hired as the county’s new highway patrol will handle the work to save costs.
City commissioners balked at rental and utility payments for the relief headquarters. Tax Commissioner Frank Bushiek announced after a closed conference that the city would not cover the $800 monthly relief bill, citing legal concerns and possible violation of state law. District relief administrator TV Langham expressed surprise at the reversal.
State health department and WPA leaders conferred on grant procedures for health department projects. Bexar County receives 40562 for sewing room operation. WPA administrator Droughy urged districts to submit desirable projects that may bypass strict one project per $60,000 rule.
Daniel s 27 of Del Rio pleaded guilty to theft of tools and apparatus valued at 33. He was sentenced by Judge McMillan to six months in the federal penitentiary after admitting prior offenses including six months in Dal Rio for tires theft. Villareal received a suspended 12 month sentence and suspended fine of 000 for an internal revenue matter.
Pacific Lines announces schedule changes for Motor Train 302 from San Antonio to Houston via Vine aria. Train 202 will depart San Antonio at 11 00 a m instead of 9 30 a m and stop Victoria 2 46 pm El Campo 4 28 pm Wharton 6 05 pm Houston. Monroe said the new times take effect Sunday.
Edith Jone Haworth aged 33 was found dead in her bathroom in Comanche on August 27 4 2095. Officials report death by gas as a self inflicted action. The incident appears to be a suicide case with local authorities investigating.
New York August reports a tentative stock market with quiet trading and scattered declines. The Du Pont shares rose on ex dividend, while United States government securities remained heavy. several major names including Chrysler and General Motors showed varied activity as analysts weigh potential wartime impacts on earnings and demand.
A chaotic transcript from the Foreign Exchange section lists varied rates and mentions cities like New York, London, and Montreal. It includes currencies such as the pound and dollar, alongside commodity notes, bonds, and cryptic figures, reflecting a volatile table of exchange values and future contracts from multiple markets.
Fragmented OCR lists agricultural commodities with quantities for many varieties such as potatoes beans melons citrus berries and vegetables. Includes figures for cantaloupes casabas cucumbers grapes onions peaches pears peppers and tomatoes among others.
API-Cores market notes show American investors reacting to Standard Statistics indices. Oil production and refinery figures for May and July are compared with international benchmarks. Monthly crude oil barrels and regional production data are cited, alongside African metal statistics and city exchange rates.
A market report lists prices on fruits vegetables and staples at Waslington growers market. Fresh melons priced at 3.75 per crate alongside avocados bananas peppers and pears with multiple items priced per bushel crate or dozen. Other entries include beans corn greens cucumbers and tomatoes with assorted berries and melons, while dairy notes butter and sour cream prices.
New York market notes show poultry prices mixed with steady to firm tones for broilers fowls and turkeys while butter and eggs hold or rise modestly. Chicago trade reports list varied poultry like broilers turkeys and ducks with price shifts and market steadiness across weights and grades.
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