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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Feb 20, 1933
Page
11
A dampened trading week shows lighter activity across commodities and equities in New York. Prices for homestekes and chemical producers slip slightly while steel and tobacco shares drift, with limited gains in mining and utility stocks amid colder weather and softer demand.
A chaotic, dense cattle and calf price listing from multiple markets including Antagio, Taub, and Chicago Livestock. Details cover weights from 200 to 600 pounds, prices ranging around 2.10 to 10 per pound, and notes on supply, demand, and market tone with mentions of buyers, packers, and undercurrent weakness affecting vealers and cows.
London reports a mixed day as metals and currencies move with cautious trader sentiment. The update notes activity in bullion, exchange rates, and key commodities, with brief remarks on market mood and near term direction.
Mason County commissioners court accepted a bid from Commercial Bank Uninc to act as depository for Mason County funds for the next two years. The bank will pay interest at a specified rate.
Mason county tax records show seventy-seven thousand two hundred thirty-two dollars paid by taxpayers as of February twenty. The note lists overall delinquency and county valuation figures, indicating payroll adjustments and vehicle aids amid ongoing assessments.
The San Antonio fire department logged 17 642 miles in response to alarms in 1832, with insured building losses at 205 110.74 and contents losses at 127 166.54. The value to save from destruction stood at 25 497 900, with 1 724 alarms, 165 false. Fire hose 632 800 reps and 17 887 feet of ladders deployed, totaling 3 714 hours of fire suppression.
Michigan bankers pressed the state legislature for relief measures after last Tuesday’s eight day banking holiday. They coordinated with state and federal officials by conference rooms, telephone, and telegraph to protect depositor funds and restore normal business after the holiday expires Thursday.
Four persons were reported injured on Sunday in San Antonio street incidents. J W Combs Jr aged 22 of Pasadena street was taken to Santa Rosa infirmary after a Fourth and Tay Jon streets collision. William Gilbert Luckie 12 of West Martin street was severely injured near his home. D Garza 73 of Gak street was run down on Houston Ind Bowie streets and taken to Robert B Green hospital in serious condition. A second D Garza 33 of Till street was dashed to the pavement when a door incident occurred at a pi shale breaking Rio flow open and
Chicago Feb 20 Grain values moved higher despite speculative strain as domestic wheat crops showed bullish reports, with spring wheat futures near unchanged and corn rising on strong receipts. Analysts warn drought in the southwest and parts of Nebraska Oklahoma and Tennessee threaten yields, while imports loom. Prices for Ban Antopla grain show barley around 3 1/2 cents and red top seed around 75 cents.
Cotton market activity shows declines and price movements with March and May contracts slipping while trading activity and demand shift. A grand jury in Arazovia County begins investigating a tension tied to a murder case.
Florida markets show gains and declines across fruit and vegetables with strawberries and tomatoes leading moves. Florida counties and vendors reported mixed prices, with strawberries priced around four dollars a crate and various produce items such as beans onions and peppers listed with fluctuating bids and wholesale quotes.
Fragmented market notes from Kansas City Chicago and New York list poultry prices including hens ducks and roosters, butterfat levels, and dairy products. Entries mention butter creamery outputs and stock trade with several brands and store references.
General W. W. Atterbury president of the Pennsylvania Railroad spoke on national mood and recovery. He outlined a study of conditions across regions in preparation for testimony before a committee on transportation and rail growth.
A Texas House proposal seeks a 5 percent tax on premium income from foreign insurance firms operating in Texas, with out-of-state companies currently taxed at 3 percent. Other measures call for Texas labor in publishing school textbooks, 12 months notice to foreclose on mortgages, and a graduated salary scale for county superintendents based on county population.
More than 250 Pecos residents gathered at the courthouse to launch a permanent Pecos Utility Users Association and oppose current utility charges. Dr J L Kincannon was elected president, with Young Bell as vice president and E S Scrimpshire as secretary. Dudley Yard Ben T Biges J H Lawson and D W Bozeman named to the board.
More than 100 stockholders, directors and bureau managers of Great American Life Insurance convened in San Antonio for a week of business sessions. Charles F. Beckey, national president, presided at the opening session and lunch at the Gunter hotel followed. The week closes with a Friday banquet at the Blaza hotel attended by Lieutenant Governor Edgar Wil, Insurance Commissioner R L Daniels and others. Mayor C M Chambers will welcome visitors and J W Berette, president of the National Bank of Commerce, will be the principal speaker.
AUSTIN Feb 20 The Texas Senate passed to engrossment a constitutional amendment to abolish the fee system of compensation for Isca officers. The amendment would leave fees but give the Legislature authority to fix salaries rather than retain the current fee-based pay.
President-elect Franklin D Roosevelt attends the funeral of Mrs Douglas Robinson in New York. Mrs Robinson, sister of Theodore Roosevelt and aunt of Mrs. F D Roosevelt, died Friday night from pneumonia at age 71, marking a distant family memorial in a state ceremony.
Wisconsin senator LaFollette told the Senate that Als proposal for a $500,000,000 direct relief appropriation risks perpetuating unemployment. He described the Wagner substitute as continuing the process of perpetization for millions.
Washington February 21 The Republican postmasters in office will keep their jobs until their four year terms expire. Appointments made by Franklin D. Roosevelt after he takes the oath as president will apply only to post offices with vacancies.
Vatican dispatch reports Papa Pius would nominate Monsignor Filippo Bernardini of the Catholic University of Washington as apostolic delegate to Avatramala. Also noted: Midland refinery name change, Penns s. refinery renamed from Lae Burford Ol som pany in West Texas area.
Willem H. Furlong the highway secretary of the chamber of commerce will assess the muddy Tamardale to Victoria stretch this summer during the rainy season. Mexico plans to travel and ensure passable routes for spring and summer tourists to reach Mexico City. He will shoot moving pictures from Laredo to Mexico City in June reflecting road conditions and related reports.
Washington report on the domestic allotment form relief all but says the situation in agriculture is now serious. The committee’s formal assessment notes the bill will help balance purchasing power and reduce unemployment while restoring purchasing power of labor and consumers amid the current national emergency. Separately in Manila eight Moros were killed in a red rampage on Tawit Tawit Island as police report the outbreak stemmed from tax collection efforts.
Burglars broke into the Farmers State bank last night and obtained 300 dollars in cash and 1500 in bonds. The break in was discovered today by P B Parten the cashier when he opened the bank.
Vatican dispatch reports Pope Pius will restart two abandoned Holy Week rites in 1670. On Holy Thursday he will celebrate Mass in the Sistine Chapel and lead a sacramental procession to Pauline Chapel. Good Friday features a procession from Fauliné to Gisline chapels with a special Mass. The pope may also visit St Peter's Basilica on April 7 and possibly three other major basilicas in Rome.
Pope Pius XI called for worldwide prayers against religious persecutions in Russia Spain and Mexico during a beatification ceremony for Gemia Galvan and Gluseyor Maria Pignatelli. He warned of spiritual devastation and said enemies of God undermine Christian posts.
S A man from San Antonio, R A Tullis, won endorsement by the house today for a seat on the farm board about to be reorganized under Democratic rule. The resolution came from Representative Keyton of San Antonio as Austin reports tax measures stalled in the senate after a stray defect appeared in the proposed limit. Diplomatic moves in Merivy report Mexico and Nicaragua planning ministries as relations resume.
New York, February 20. A frail 100 pound woman refused to quail when an assailant touched the public thanks of the president elect. Mr Roosevelt made public a letter to Mrs W F Cross Milam who was credited with disturbing the aim of Giuseppe Zagare by grabbing his hand when fired at the presidential party. The president said it is hard to find words to convey gratitude for heroism and courage in attempting to prevent the violent end last Wednesday.
Representatives of American refineries told the Tariff Commission that without increased protection against refined sugar imports from Cuba their industry faces a lapse within less than 10 years. William L. Cummings of New York urged action for refineries along the Atlantic seaboard and in Gulf states amid widespread unmet demand since 1940 due to rapid Cuban import growth.
Washington DC Feb 29 The Interstate Commerce Commission ruled against a plan by three railroads to reduce rates for cotton shipments in minimum carloads of 44 500 pounds from interior points to Houston Galveston and Texas City Texas. The commission said the haul was within the state but rejected the interstate application noting only flat rate shipping would be permitted and high density compressions would not meet the rate criteria.
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