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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Dec 07, 1936
Page
7
Professor Lewis Staney argues commodity prices rise despite stock resets as inflation and credit expansion drive recovery. He notes government bonds and deposits fund growth while bank loans lag, warning that volume buying fuels overproduction and recession, and that reserve hikes alone cannot curb inflation.
Uncertain trading sent the dollar weaker against the franc and pound while investors weigh the Federal Reserve's signals. The currency desk cited mixed data as U S dollar quotes fluctuated, with notes on the official exchange rate and the day’s small gains in several major pairs.
The chart compares per capita tax collections across the United States Germany and England. England shows increases in 2630-3 and 1931-32 while the U S and Germany experience declines in the low mood years with subsequent recovery and rises in individual income. The sharper upturn also reflects higher tax rates.
Every San Antonio reader is invited to attend The Light's big Christmas Food Show and party at the Crystal ballroom, Gunter hotel, Thursday afternoon December 10 at 2 p.m. Features include a novel entertainment program, a Christmas tree with presents, holiday displays, and food demonstrations by merchants.
Fragmented report lists grain and hay prices at San Antonio market with multiple items. References include prairie hay prices around 10.54 per ton and various corn and wheat listings, plus scattered figures and incomplete product names.
Directors of Spiegel announce a special dividend of 28 dollars per common share and a 4 dollar annual stock basis. Shareholders will vote to rename the company Spiegel, Inc. at the meeting in Chicago.
Spectator notes mounting uncertainty in the market as speculative interests shift to low priced issues. The twelve most active stocks swing to speculative status while the Dow Jones averages rise and fall, with prices for cheap issues hitting new daily highs amid broader volatility.
New York trading showed mixed gains while many leaders held steady or dipped. Sugar preferred shares flirted with loss as common climbed, and major names such as American Can and General Electric moved narrowly in a market unsure about steel, autos, and foreign exchange.
New Orleans cotton futures opened steady with gains limited as traders awaited tomorrow’s government crop report. January and March futures showed modest moves while traders hedged on the 12,405,000 acre estimate. Market mood remained cautious as rainfall and weather factors influenced early trades.
In New York a skin test and chemical study of the leprosy germ are highlighted by the American Leprosy Foundation. Petty Burgess notes earlier diagnosis increases cure chances and plans to test serum in the Philippines. Researchers from George Washington University and the Phipps Institute dissect the germ's components to identify disease-causing elements. Leprosy remains a major American scientific and public health challenge with cases in New York and Latin America.
Tax Commissioner Teak Bushick Moray announced a new marble table tax effective immediately. The rate rose from 5 to 15 dollars and will be collected quarterly over the next six months. Otto Wells will collect 3.95 dollars for the December February quarter as special receipts are printed for the higher levy.
Activity steady at San Antonio with cattle offerings firm to strong and light volumes. Calves and yearlings sold solid. hogs topped early rounds with limited sheep or goats offered. receipts listed at around 500 hogs and 400 cattle, with prices showing narrow gains on top sides.
Brice market notes brisk trade on Monday with wide price swings. Texas tomatoes at 1.50 per half bushel, green beans up 35 cents to 1.50 per bushel, avocados down 20 cents to 2.75 per crate, spinach off 30 cents to 5. The commission list shows multiple fruits and vegetables with varied prices.
A Victorian era pattern advertisement touts Marian Martin designs for dresses suits blouses and swimwear with easy to sew patterns 9169 1103 and more. It highlights stylish features like deep V necklines bracelet sleeves and button trim, notes fabric options and sizing, and instructs readers to mail 25 cents for patterns with size and address details.
U S Senator Copeland of New York charges Great Britain failed to secure a Jewish homeland in Palestine. He told 700 Jewish leaders at a dinner marking the twenty sixth anniversary of the American Mizrachi Zionist movement that Britain has not done enough to protect Jewish safety, citing killings in homes and hospitals and the blood of a scholar spattered on a page. He toured the region with Hastings and Austin to assess conditions.
P D Mathis a Jawrance man and prominent figure in Masome activities died from pneumonia at Masome General Hospital after a brief illness. He was 48 and well known in local civic circles.
Fragments describe a frugal craft note from 1869 offering directions for making 1014 inch fabric squares and companion pieces using smaller fine cotton. It outlines materials, patterns, and a penny-stamp subscription method via the San Antonio Light Needlecraft Department, with basic instructions and cost considerations.
Thirteen people suffered injuries in weekend accidents across the city. Names and addresses of those treated are listed, with several victims taken to Santa Rosa, Robert B. Green, and local hospitals after collisions near Jefferson Street, Michigan Avenue, and Ridgewood Court.
Two Mexican men were captured by A. Cantu and A. Cresett after a chase two miles from 1812 Tampico Street. Officers fired four shots to stop the suspects. Detectives say the car showed a stash of tires and accessories linked to a theft from M. M. Marlins.
The University of Texas business research notes October shipments from Texas to interstate points show three carloads of chickens and two of turkeys sent westward. Overall shipments totaled 18 cars, down from 23 in October of the previous year, with fewer wagons than last year.
Mexican man, seen with a calibrated shotgun in the 400 block of South Concho Street, was arrested by city police detectives and taken to await Internal Revenue Service agents. Officers A. E. Tuscana and G. O. Covington detained him after he said he bought the gun in Brady.
ALTO Dec 1 A Lufkin oil truck driver D H Shark was found dead early today in his overturned truck two miles north of Alto The body showed neck injuries investigators believe he dozed at the wheel causing the vehicle to leave the road Shark is survived by his wife and baby in Lufkin
Larry Bettencourt a San Antonio baseball player held an off season post in the sanitation division of the city health department. He was reported to survey streets and alleys during his city hall disclosure.
Joly Butler found three women and two men dead in a Fayetteville tourist camp cabin two miles north of the city. Investigators say all five appeared suffocated after Butler said the party forced entry and a stove fire burned with all windows closed. Victims identified as Bert Atkinson 45 Fayetteville restaurant operator, Reed 30 Fayetteville photographer, Manel Todd 24 Huntsville, Alice Taylor 25 Springdale and one unnamed woman. Coroner ordered an immediate inquest.
Funeral services for Alben Marucheau 8 and Maruchesu 35 are set for Wednesday from the East Norwood residence with Rev. Sain Capers officiating. Burial will be in Mission Burial Park. Native of San Antonio he headed the A S Maruchealy company and was a graduate of San Antonio Academy. Survived by widow Mrs Dima Marucheau son Albert Maricheau Jr and parents Mr and Mrs A C Margeheau, all of San Antonio.
Genis Hawkins, 27, a Negro vegetable peddler, pleaded guilty in Criminal District Court to murdering his wife Annie. He received a life sentence. Hawkins, arrested in Los Angeles on June 20, confessed to killing his wife near San Antonio on May 20. Officers later found the body near the W. W. White road. Hawkins’ residence is listed as 2133 West Poplar Street.
The national labor board today charged United States Steel Corporation and its subsidiary Carnegie Steel Company with interfering in the self-organization of employees. It asserted U S Steel provided financial support to employee representation plans within the parent company and its affiliated subsidiaries.
AMBON United States district attorney for Arizona arrived to present the Robles kidnapping facts to a federal grand jury. Jurors were sworn in and told it is up to the grand jury to decide the complete state of the case and related charges.
Kansas City and New York markets report poultry and dairy prices, including butter, creamery products, eggs, cheese, and milk. Receipts and market firmness indicated. Chicago potatoes and cotton futures noted with varied bids and prices across regions.
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