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This newspaper page contains 23 articles. Subscribers can read the full text of each article.
Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Feb 27, 1933
Page
13
Miami dispatch outlines Cuba's turmoil driven by Machado regime policies and a collapsed sugar market. It notes mass unemployment, soaring debt, tariff barriers, and potential U S intervention as Cuba seeks relief amid worsening conditions.
A broad shipment from California arrives to stock market rows with a long list of fruits and vegetables and quoted prices. Apples, pears, almonds, artichokes, lettuce, tomatoes, and many other produce items are detailed with crate or dozen counts and per unit costs. The report notes strong demand and varied pricing across commodities.
The page lists cattle and hog prices in bustling Chicago markets with figures on beef and veal grades, weight ranges, and per hundredweights. It notes direct sales volumes, discard rates, and specific lots with varied prices, including bulls, cows, vealers, and feeder stock.
Beretta shifts to Washington Monday as representative of the Chamber to urge immediate installation of the proposed Southern Transcontinental air mail route. Original plan would start at Atlanta and end in San Antonio, routing through Mobile Montgomery Gulfport New Orleans Lake Charles Beaumont Houston. Beretta to confer with aviation officials.
Work has started on the new High Way No 3-A between Seguin and San Antonio. W. Goodman, county engineer, says it will be the best highway in the Southwest with a concrete strip flanked by culvert pavement. About 40 to 75 workers are at a point six miles east of the W. W. White road, laying base and concrete. A three mile section is being prepared, under federal law, with a 30 hour week.
A federal district court hearing Monday before Judge R McMillan addressed a dispute over a Tocai plant on Booth Hackberry street. York Ice Machinery Corp claims about 5000 dollars is owed for machinery furnished. The Crystal Ice Co and Newcomb dispute capacity and damages claiming equipment underperformed and parts were missing.
City lawyers finalize a decree form in the telephone rate case. Geri Wright Johnson said the move is a formal step to protect the company’s rights. Attorneys for the telephone company will file an unframed motion seeking an answer from the city.
A 1920s era analysis notes that modern banking remains cautious after the speculative boom. It argues public confidence is key to stabilization, supports keeping recipients of Reconstruction Finance Corp loans unnamed, and praises Woodin as treasury secretary and Douglas as budget director. Industrial progress is uneven and employment trends downward as the new administration nears inauguration.
Detroit banks backed by Henry Ford and his son Edsel move to open two new institutions with combined capital of 8.25 million dollars funded by Ford interests. The plan uses liquid assets from the First National Bank and the Guardian National Bank of Commerce, with R F C loan support and potential future merger of the new banks. Independence of personnel rights granted to the Fords sets the stage for major restructuring in Michigan’s banking system during the statewide holiday aftermath.
Washington rumors that the RFC would halt marking loans to banks were denied by Gardner Cowles Jr a director of the RFC. He stated there was no foundation for the report and that loans were authorized yesterday with more to be made today.
Resolutions naming hours miners for the impeachment of Judge Harold Lauderbach of Coliformia were approved by a committee and presented to the House for action later in the day. Formal notification of the impeachment was also approved by the committee in Washington.
A garbled market notice references an out of state truck barred from a market. It mentions names such as J Camellinia D Bark and Wyneder of Cie elly cousel, with scattered phrases about prairie and New Mexico. The legible items suggest a transportation or licensing notice with unclear details.
Market reports show grain values varied with wheat easing after a shadowy advance. Domestic supplies, Oregon reports, and statewide cautions influenced prices while corn and oats remained relatively steady for the period.
Three allied groups of dairy product distributors will meet in San Antonio in January or February 1934 bringing about 70 visitors. The Milk Retailers Association of Texas the Texas Creamery Manufacturers' association and the Tex Longhorns creamery supply group will convene jointly. George J. Magart of the Mifstietac Creameries and R L Whaley of Southwest Dairy Products arranged the visit after attending this year’s Tapilas convention.
San Angelo notes a second extension of the tax deadline as the city commission authorized further leniency. The measure follows a prior September extension for the first half of the fiscal year and covers remaining payments due by July.
In Ninety-fourth District Court Monday morning Charles Ferguson pleaded guilty to larceny by unlawfully taking twelve chickens from John Wenzel Route 3 last April and received a two year suspended sentence. Another defendant, Feed Hell, pleaded guilty to burglary with intent to commit theft in a sporting goods store and was given a suspended term.
Protesters from residents halted city planning on Monday over the proposed stadium work at a quarry on Bhowk Avenue near Bushnell Place. The protest was signed by property holders led by Harry Tanda, delaying formal action though Mayor G M Chawibex reaffirmed the project would proceed as far as he is concerned.
New York stocks opened with uneven moves as declines in General Motors and several rails contrasted gains for Allied Chemical and major banks. Trading quieted mid session amid uncertain economic signals and hints of a shifting national administration impact on morale.
The cotton market opened quietly with steady demand and limited price shifts. Futures moved modestly as traders weighed current acts, nearby and distant months, with slight gains seen in the prompt contracts while overall activity remained subdued.
An incomplete New York notice dated February 27 references a line managed at a 28 percent rate. Names and fuller details are missing from the readable text.
A morning meeting after the regular session transferred sums from the general fund to the Judgment on suits fund and to the corporation court budget. The Judgment fund was short, so an amount was moved to bolster it. $2000 appropriations were approved for Bruce Tennarden and Cat Wrig Johnson, attorneys, for city services amid high telephone rate concerns. $5000 was moved to the corporation court badge fund to cover potential shortfall from the original $8000 budget.
City officials report early repayment of a $25,000 loan part of the budgeting for operation expenses. The mayor and city commission note one early payment reduces remaining debt to banks. Other appropriations include $444.88 for groceries and $4,900 for payrolls.
The report notes congressional activity on a moratorium bill related to port rage and a banking market inquiry. It mentions finance committee figures and discussions around economic safeguards and market oversight, with unnamed lawmakers referenced in the context of ongoing hearings and proposals.
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