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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Feb 04, 1935
Page
7
Financial notes discuss Wall Street activity with weak railway stocks and a weaker land market. Analysts weigh deflation fears, gold standard prospects, and federal policy impacts on bonds, stocks, and inflation hedges, noting a cautious market yet no return to the old gold price.
A garbled spectator tale from a February market event describes delays and mixed signals. Names and places are unreadable, but mentions a ship, freight decisions, and a potential base disruption amid weather or mechanical issues.
The piece surveys farmers debt, noting widespread mortgage strain on homes and farms. It identifies three federal credit strands: federal farm loan banks, joint stock land banks, and the federal intermediate credit banks, plus private district banks. Aggregate farmer debt reached $2.56 billion by end of October.
Market notes list diverse produce and prices from Mexican mountains to San Antonio and Mount Beans at 5.50, 8 per bushel, squash 3 per bushel, strawberries 3.50 per crate, celery 3.50 per crate, spinach 0.75 to 0.85, onions 0.20, peaches, apples, and citrus with varied per unit and per crate rates. Several items show широк price ranges and regional listings in a circulating daily market brief.
Comal County reorganized the Cotton Production Control Association with Grosse and Pfing presiding. All county and community committeemen and alternates were re elected at the courthouse. About 100 cotton producers attended the meeting.
The New Orleans cotton market opened weaker with Liverpool prices driving lower, while sterling softened. Futures retreated despite early gains and was broadly mixed as gains in some contracts faded. Traders awaited a policy decision in Washington and noted modest movements in other months with limited overall volatility.
Mixed notes on stocks and commodities with scattered figures and dates. Mentions prices, weeks, and comparisons across sectors including metals and goods, alongside unclear references to persons and firms.
Fragmentary lines describe a sports event with mentions of players, scores, and timing but the text is garbled. Key entities and outcomes are unreadable, hindering a clear, fact-based summary.
The state highway department finally set compensation for a tract on Highway No. 2. Jain and Bama Rowe were awarded funds after a commission cut from an initial figure of 4108. The department approved 3940 for the right of way, with final figures reflecting adjustments after appraisal and negotiation.
Livestock market reports show cattle and veal steady to firm with choice lots averaging higher. Chicago and St. Louis listings reflect a generally active market with varying bids. calves, hogs, and lambs show mixed demand and price shifts as buyers price quality and weight.
In Benito area, a horse and other animals were treated for rabies after a biting incident. Officials report that a dog attacked a rider while another horse suffered a bite. Maynard Grover and Vantine were identified among those exposed as authorities traced contacts and began preventive care.
Packing plants in Cuero Texas may change ownership as Cudahy interest backs a Cuero Packing company. Neighboring towns in the region, including Victoria and Kenedy, are mentioned as potential markets or affiliates. The report notes possible shifts in plant operations and names several local entities and players without confirming final deals.
The county clerk race tightens with George Huntress Jr likely to leave his post amid indictment charges over a $13,000 shortfall. A dozen candidates surface as possible successors, with Huntress’s fate tied to possible resignation or ouster. Observers note the county commissioners court may appoint a temporary clerk, while several district judges are courted for potential succession.
Texas relief program orders 40 orders of white potatoes and 29 carloads of sorghum, totaling 185 carloads. Potatoes arrive by boat from Maine in February and March, then distributed to merchants at 30 pounds per family per month, with syrup gallon allocations. About 1,000,000 pounds of potatoes previously ordered were received. Leather jackets and farm items were also offered to families in multiple counties.
Fragmented OCR brief references a water debt dispute in France and a sale listing for horticultural stock. Mentions three thousand two-year-old roses and pricing per dozen. No clear events, dates, or identifiable organizations beyond vague terms.
Local residents in Poteet Texas city seek aid to remove constables from roads and restore law and order. Leader Ve Burks of the Poteet Chamber of Commerce and School Superintendent appeals chambers and officials for help, warning civil organizations are alarmed by present patrols and urging action if authorities fail. The appeal is sent to County Judge Frost Woodhull via Porter Whaley as the town opposes appointing constables on a test basis.
A chaotic market session tracked by AAP and BREW YORK reports shows irregular trading as investors react to a wave of corporate activity. Consolidated Methbihem Steel and Comal companies feature in refinancing chatter while rail and electric stocks flicker. Analysts note renewed interest in restructurings and possible refinancings that could shift sector weight, with observers watching Wall Street for clues.
A preliminary outline for the annual West Texas Young Democrats district convention was presented at a Potter County Young Democrats meeting held in Amarillo. The district spans 127 counties from Port Worth to Dallas, with plans to form the county organization at a forthcoming Dallas event.
Grain prices in Chicago and Atlantic markets show declines and mixed results as cold weather delays shipments. Prices for corn and wheat fluctuate with regional demand, while the Chicago board reports slight gains in late trading amid market uncertainties.
A misread public notice from Burnet details education concerns including grade standards and curriculum requirements. It notes a Deputy State Superintendent, inspector notes, and a 900 point benchmark, with references to Texas education authorities and school policy discussions amid a separate Burnet market report.
Auto makers report a record factory output in Chicago and across Canada amid labor readiness and rising deliveries of higher priced cars. William B Stout introduces a Scarab design while England's Sir Malcolm Campbell competes at Daytona Beach signaling renewed race interest. Chevrolet edges rivals in year end sales as industry nears 42 million in 1934.
The item is a dense, OCR damaged New York market update listing poultry, fowls, turkeys, eggs, and potatoes with scattered prices and trade notes. It references New York February trade, Wisconsin round whites, Kansas City futures, and cattle and sheep markets with varied price data. The text intermixed with garbled sections reflects a wholesale market snapshot and commodity quotations.
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