Texas business review notes slower money shifts and policy shifts
UT economist Dr J G Dolley reports little change in monetary and banking conditions in the Texas Business Review. He highlights administration moves toward lower electric rates via Tennessee Valley Authority policies, the December treasury refinancing, and the Viner committee report on credit. He warns that lower rates must accompany fair investment returns and notes current bank loan usage remains low amid rising deposits and heavy gold inflows.
MENTIONED IN THIS ARTICLE
Austin
J. G. Dolray
University of Texas
Texas Business Review
Electric Light and Power Industry
Treasury
Viner Committee On
Dolley
Tennessee Ater
Tennessee Valley Authority
Ight and Power
Cort
Commonwealth and Southern Corporation
Tennessee Galley Authority
Jower Ughb Atd
Dow-Jones
Congress
Special Viner
Extens
Federal Reserve Buletin
New York City
New York
Iatacly
United States
Tost
Brakes Ready for Action When Farm Production Soars
Secretary of Agriculture Henry A. Wallace argues in 1935 policy that eliminating surpluses is no longer the sole aim. Prices must be kept fair and production moderated to avoid chasing demand. He calls for coordinated efforts to improve markets through domestic and foreign trade revival and integration with community groups.
MENTIONED IN THIS ARTICLE
Henry A. Wallace
Universal Sexclee
Washington, D.C
Storm Warning Up for New England Coastline
Weather bureau issues storm advisory for Bridgeport Connecticut and Eastport Maine as a secondary disturbance over New Jersey moves northeastward with increasing intensity and shifting winds toward the southern and northern New England coasts tonight.
MENTIONED IN THIS ARTICLE
Warnngtun
D. Gyvan
Weather Bureau
Bridgeport
Conn
Eastport
Maine
New Jersey
Wales
New England
Texas Biz Leaders Expect 1935 to Bring Recovery
Texas business leaders across Dallas, Galveston, Houston and El Paso greet 1935 with optimism. Debits and building permits rise, automobile sales pass a milestone, and new federal projects loom. Officials forecast strong gains in bank clearings, construction, and trade amid a nationwide upturn.
MENTIONED IN THIS ARTICLE
Associated Press
Southwest
Texas
Dallas
Focal Clearing House
Galvesian
PWA
Houston
Gus S. Wortham
Houston Chamber of Commerce
Beatmont
Busin Jness
Amarillo
Amarillo Credit Association
Cornus Christi
Civic
Basf-Ness
General American Tank Storage Company
Tenga
Temple
Waco
Veteran’s Hospital
Browtsville
Port Isabel
Cameron
Hidalgo
Willacy
Starr
el Paso
State Natiora Bank
Hearst Honored by U S Coalition for Services
By unanimous vote at the annual meeting the American Coalition praised William Randolph Hearst and his newspapers for countering insurgent influences and safeguarding constitutional government in the United States. The item notes added remarks on business gains in Wichita Falls and local rental listings amid a period of rising commerce.
MENTIONED IN THIS ARTICLE
Washingdon
Lew
American Coalition
William Randolph Hearst
Hearst
United States
Wales Receives Three Honors in New Year List
The Prince of Wales is promoted to admiral general and chief air marshal in the King's New Year honors. Three new barons, one privy counselor, five baronets and 20 knights were named. Sir Josiah Stamp is promoted to Knight Grand Cross of the Bath, with other new barons including Sir Thomas Fermor Hesketh and Sir Wyndham Portal. Notable omissions include the Aga Khan and actor George Arliss.
MENTIONED IN THIS ARTICLE
Wales
London
Prince of Wales
Barims
Josiah Stamp
Grand Cross of the Bath
Henry Betterton
Thomas Fermor Hesketh
Florence Breckenridge
San Francisco
Lord Revelstoke
Wydham Portal
Aga Khan
George Arliss
Government aid to farmers and rising food bills in 1935 outlook
Government checks totaling hundreds of millions will flow to farmers next year, while consumer food costs rise amid drought. Officials foresee higher farm income and rising prices through mid-1935 as exports, industrial revival, and balanced supplies shape the agricultural outlook.
MENTIONED IN THIS ARTICLE
Washington, D
San
John
Department of Agriculture
AAA
Agriculture Department
Roosevelt
Farm ‘Organization
Rura
Ametton
Also Mentioned on This Page
China
Bat Corrigan
Corrigan
San Antonio
J. R. Davis
U.S. ‘Services
Cooper Street
Aloe
National Bank Or Commerce
Federal Deposit Insurance. Corp
Intonio
Blic Service Company
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