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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Feb 08, 1933
Page
14
A jumbled stock report notes buoyant gains for Union Pacific and other major rails while overall activity waned in a week marked by production figures and price shifts. Market chatter cites steel, chemicals and motor shares, with occasional declines in several sectors and mixed commodity prices.
The report details wholesale prices and arrivals for cabbage, lettuce, beans, apples, grapefruit, and other items across Texas, Mexico, Cuba, and the Midwest. It notes crate and per bushel rates, conditions at terminals, and varied truck and rail movement with several markets reporting steady to firm prices and some lingering slack in carload arrivals.
Veteran peace officer Zapata of 3202 Ferez shevl, turnkey at police headquarters, was found at his home near death around noon Wednesday after a prank incident.
Fragmentary OCR reads a public notice about bank offers and a "mendwich board" sign. It mentions Reno in February and fifty aems on the dollar, with unclear names and dates. The legible detail centers on a banking sale or exchange and a lingering smell specter.
The St. Louis market shows shortages in staples with prices rising for produce amid weather worries. Corn, beans, okra, cucumbers, spinach, and onions edge higher while peppers and tomatoes move, despite dull trades. Farmers anticipate higher costs as supplies tighten and weather forecasts loom.
The U S fleet, defending the Pacific coast in annual maneuvers, readies to confront an air raid by a Black fleet. The Blue fleet, centered on 10 battleships, nine light cruisers, Langley aircraft carrier, 45 destroyers and 20 submarines, with 112 ships total and 3,800 officers, 2,000 men, sails from San Pedro California. The Black fleet, including carriers Saratoga and Lexington and 12 destroyers, eludes sight after departing from the Hawaiian Islands.
Reports from Liverpool note China and Argentina wheat activity influencing United States prices. Corn holds steady near new highs amid speculative buying while Australian shipments ease to the Orient. Domestic futures show volatility as traders weigh Europe’s demand against South American supplies. Local San Antonio grain traders list current cash prices for several grain types and by the bushel.
A garbled report from Fort Worth lists wholesale prices and lots for poultry and produce, noting car lots, varieties, and general market activity. The Chicago section adds receipts and items for poultry, butter, and dairy products with scattered figures and descriptors.
P A Bullivan, director of the San Antonio zoological park, notes wild animal prices fail to drop for common creatures while rhinoceros and apes command high fees despite a general price downturn. Lions are cheaper as community demand rises. Limited supply and breeding pressures push costs for larger apes and big cats higher.
Kansas City livestock prices show cattle steady to higher across weights with calves and feeders advancing. Reports detail top bids for vealers, middling cows, and stocker lots as buyers push for light and heavy offerings, while lambs and hogs move with variable demand and localized value spikes.
Washington reports indicate talks on a broad Treasury and Post Office appropriation bill with a proposed 6 percent cut and sweeping reorganization powers for the president elect. Senator Byrnes backs the plan while Bratton pushes broader departmental cuts that could total about 143 million.
The trial of Ila Dante, Henry Canter, and Domitila Villegas on charges of operating a disorderly house at 2826 North Plores Street was postponed when witnesses from a student party, Constance King age 1 and other survivors, did not appear. Judge McCollum Burnet ordered appearances for February 21. one witness, James Hols, recently sentenced for pistol possession, may testify later.
John H. Janney of New York addresses the New cofmage committee urging a return to the gold standard as the only stable economic horizon. He argues that if a new commodity with fixed value and limited production can be found, it could replace gold and restore monetary soundness.
Tomas Gan Juan reports that hundreds of truck growers in the Lower Rio Grande Valley strongarmed a meeting to back a minimum price plan. They demand 68 dollars per ton for nibbage and 20 cents per crate for beets. R B Resebholm, Hidalgo County Farm Bureau president, says 95 percent of Valley growers signed an agreement to not sell for less than the minimums. He vows firm action and warns against armed resistance.
President Hoover fears rapid imports from countries with depreciated currencies could destabilize the U S economy. He instructed Secretary Crispin to prepare a report on import effects and currency depreciation likely to be released by the Commerce Department. House Democrats meet in caucus as Ways and Means closes hearings on bills addressing currency issues and tariff considerations.
Brig Gen Charla HR Howland urged embracing the pioneer spirit over quick social cures. A. Benedict of the University of Texas touted the McDonald Observatory for the Davis Mountains project. Other speakers included Very Rev Alfred H. Rube and Rev Willam T. Capers at the San Antonio Belentific society gathering at the Menger hotel.
Mechanic John McArthur seeks to attach the circus show in San Antonio to recover 514.85 in back wages. He alleges he worked for F. A. Hazeinglin and wife during 1932 while they wintered in town, and that wages for December 1932 remained unpaid. The case was heard in County Court at Law No 2 with no date set for a hearing.
A wave of bills introduced in the Texas House includes a measure to abolish the game fish and oyster commissions and place their duties under a state conservation commission. The commission would oversee forestry, livestock sanitary concerns, and related duties, with three members appointed. Other proposed laws cover banning legislators from lobby-employment, a tax on margarine, a chain store tax, extending mutual aid insurance territory, bond requirements for mutual associations, stricter licensing for chauffeurs, and vehicle license plate rules.
The report shows firmer cotton prices in New Orleans with active demand and weather concerns in the western belt. Prices edged higher earlier, then eased. forward declines hint at caution as mar kets watch weather and traffic. Liverpool quotations rise with steady demand, listing futures for May, July, and October.
In San Francisco a man identifying as a former justice from Point Isabel Texas walked into police headquarters and asked to be taken into custody claiming a reward. The account mentions a justice of the peace and references a 1624 date, with prior cases and a prison sentence described.
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