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Leighton Reports Record Clearing Peak for City
T G Leighton secretary manager of the Clearing House cites the 1926 San Antonio clearings at 499 570 529 25, surpassing prior year by over 35 million. Otto Meerscheidt president of the San Antonio Clearing House association says the peak reflects the city’s strong trade and banking sector despite cotton revenue disappointments. He credits honest administration and local developments such as a new auditorium dam railroad theaters hotels for business gains, while noting a lag in farming yet gradual improvement expected as South buying power recovers.
MENTIONED IN THIS ARTICLE
T. G. Leighton
Otto Meerscheidt
San Antonio
House Associa
Texas