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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Feb 09, 1934
Page
13
US and European markets opened quiet but modest gains as oil and metales showed minor improvements. Banks and brokers reported varied shifts in lending, with brokers' loans rising slightly while other holdings fell. U.S. government securities held steady amid uncertain outlooks.
Receipts heavy with cattle and calves. prices mixed for feeders and stockers. Cattle demand wavered as cows moved slowly and yearlings sold in the mid five-dollar range. hogs eased around 2.60 to 2.90 with finishers steady. Boxed beef and lamb prices shown, with lambs active and higher bids for good scores. Market tone described as cautious, with strong interest in high quality stock and lighter buying for low grades.
Fragmentary city page notes a tourism fair at Milam Pubs on Friday with Wileie's Orch. SGA hosts a Saturday dance. reduced 25 cent admission for a mime show and dance event. Helotes Inc presents Danek on Saturday. J W Mite Doasig advertises a Feb 16 event with admission details.
The Allied Chemical and Dye corporation remains the unquestioned leader in its field in America. It anticipates national needs for dyes and chemicals essential to war effort and stresses self sufficiency as a long term national interest. Orlando Weber, president, praised for steady dividends and stable wages during the crash era.
London bullion and silver quotes rise on February 3 with early gains in gold and silver futures. Rumors of firm demand support prices as currencies and exchange rates influence precious metals trading across European markets.
Market notes from Chicago show poultry prices and trends. References to geese hens toms and young birds with price ranges and market conditions. Mentions of dairy products and refrigerator items with scattered figures and brief market context.
The Boston wool market shows demand firm with recent prices listed between 24 and 93 cents. Trade activity remains lighter on European lines earlier, but price levels hold across staple ranges.
Houston jurors convict 49 year old candy maker Sains Pappas of the murder of Mrs Bliss Hurt of Dallas. Pappas told officers he killed the woman because she was indifferent to his attentions. A witness said another woman was killed at the time, which the defendant linked to his motive. The jury sentenced him to death following the verdict.
Reports from New Orleans indicate cotton futures remained volatile with gains for May July and October contracts. Traders pushed prices higher on short covering and profit taking, while late session activity showed renewed buying interest and rally potential driven by demand cues.
The dollar, steadying in the foreign exchange market, rose slightly from the opening 8.0813 to 8.08, then drifted amid support and unease. The franc weakened against the dollar overnight, with Paris at about 15.50 francs per dollar and French government bonds near 19.57. bankers watched the Bank of France and inflation signals as funds moved.
February financial notes show declines in service metrics and production figures. Reports list December and January figures for various sectors, including sugar production and transport service, with mixed changes in output and costs across the market.
Representatives from six South districts met Thursday to organize a plan of action on enforcing NRA code guidelines for food stores in the district. Fraud suspects named include Joe Civiletto of the Independent Food Grocers, Petry Shankle for chain stores, Claude Tori for miscellaneous retailers, and Fukding Bree for wholesale grocers. A classified rental ad offers space to tenants before February 15.
In Austin February 9 the Texas House debated a bill to issue relief bonds and considered an amendment to raise the state tax on wagers at horse races to 2 1 9 per cent to fund retirement of bonds. The amendment faced stiff opposition and was ruled out of order by Speaker Steve Nealon. Debate centered on the governor’s influence over a relief commission and the composition of a new six member panel. The administration sought broader governor appointment authority, while Ferguson critics urged keeping political influence limited.
A habeas corpus hearing for BW Richard, charged with illegally possessing and transporting one pint of liquor, was postponed indefinitely in Ninety fourth District Court by Judge W W McCrory. Defense attorney Franklin Spears sought delay to assess the Dean law’s validity through evidence on eligibility, claiming time is needed to determine ballots to be discarded due to irregularities and that the Dean law was passed illegally amid 1978 election timing.
Three-year suspended sentences were imposed on Lloyd Wilson of 612 South Cherry Street and Euse Bin Hermandes of 520 La Paloma Street after they pled guilty to burglary before Judge Harry J. Howard in the Thirtyseventh District court on June 11. The men faced the burglary charge arising from a June incident.
Grain market notes from GHICALO report price swings in wheat corn and oats amid forecasts of drought and weak export demand. Prices in San Antonio and Minneapolis show mixed movements as buyers pause and government measures discussed potentially affect grain exchanges.
A dense list of births, marriages, and deaths from a city register shows multiple names, addresses, and hospitals. Notable entries include February births at Fort Sam Houston and San Patrioia Street, plus several deaths and public notices.
Public works administrator Honstes Mt proposed a $200 stadium finance plan for Ban Ane tonto with no election needed. Mayor GR Quin and City Attorney William Davis discussed taxpayer approval only for utility projects like the sewer program.
A group including Mrs Thoyle Gockel and her son ages 14 face felonies in Texas linked to an alleged car theft and attempted homicide. A 16 year old Acrold Gayza and others are named with their mothers in arranging aid. Extradition talks with Mexican authorities are ongoing as a presidential appeal is sought. Cotton aid for the needy advances in Congress.
Alvanley Johnston grand chief of the Brotherhood of Locomotive Engineers and Stirling Smith president of the now closed Standard Trust bank were found guilty by a jury in Cleveland on misapplying 484,000 of the bank's funds and making false entries. James Caswell secretary of the brotherhood and former bank director was acquitted on the same charges after 15 hours of deliberations.
Thieves ransacked the tin home of Rev C Roy Angell pastor of the First Baptist on West Mulberry avenue Thursday night. Police reported cash taken from his mausers and an undetermined item was stolen from the type Bartlett Cocke on West Mulberry avenue Thursday.
The report lists wholesale prices for fruits vegetables and dairy in Mexico with detailed quotes. Items include apples grapes avocados bananas oranges strawberries berries and many greens with per box crate or dozen pricing and regional varieties. Market notes show shifts in quotations and stock levels across multiple categories.
J J Aba ait reports Tampico rapid recovery from September hurricane and floods. Abadie Standard Oil official said New Jersey offices moved in Thursday to coordinate rebuilding. A heavy building program followed, many firms rebuilding rather than repair. Water from the Tampico river is in use again by residents.
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