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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jan 01, 1937
Page
8
The article surveys a broad recovery in 1935 into 1936 with steady gains in automobile production reaching near 1929-30 peaks, electric power consumption hitting all-time highs, steel and railroad sectors rebounding, and retail Christmas sales strongest since 1929. It credits policy cooperation and ongoing demand while warning of potential labor disruption in 1937 and noting geopolitical tensions abroad.
Assessor William Petmecky reports Gillespie County ends December with record tax receipts. Farmers, ranchers, and local business owners contribute to a higher overall collection than in many prior years, signaling stronger prosperity in the region.
New York reports a projected 1 2 percent rise in gasoline sales as 1937 nears, lifting motor fuel demand and boosting crude oil production and by products. 1936 produced record output with 1 092 6 million barrels in the United States, while refined product demand and refinery activity hit new peaks amid tax effects and rising motor vehicle use.
Secretary Ickes outlines 1937 goals for conservation and public works. He envisions consolidating gains of the Roosevelt administration, expanding housing programs, eradicating slums, and providing decent low cost dwellings through national government collaboration.
In Dallas authorities prepare an injunction action against marble board operators led by Carlos Bickford as Chief R L Jones and city officials are named. Bickford signs a new long term contract with Paramount for a new Irene Dunne musical drama High Wide and Handsome, the first period with annual allowances to follow.
Dr Carlos E Gaslaneds of the University of Taxes will discuss his heirs in a University of Texas address titled A Report of the Spanish Archives In San Antonio An open house by the Yanaguana society will be held at 103 Villita street next Sunday afternoon from 2 to 6. The society is publishing the event and hopes to distribute copies soon The Yanaguana press will produce about 200 pages The society has published catalogues and pamphlets, this will be the regular publication The Ghluiz oil paintings of scents and landscapes around old San Antonio will be shown The works were sketched by Theodore Sentie a Castro colonist who resided in San Antonio in the mid 19th century His Paris education qualified him as an artist and architect His early San Antonio paintings have historical value All society members and interested friends are invited to attend the open house
Chicago dispatch reports cattle receipts at the stockyards reached 2,045,000 in the first 11 months of 1928, with hogs at 3,743,000 and sheep at 2,374,400. December forecasts imply higher cattle and hog totals, lower sheep, and a year-end market strength with beef values around 12.75.
Joe Kelton Wells, special representative of the Texas Unemployment Compensation Commission, will address South Texas employers in Sinton Monday night at the San Pattielo county courthouse. He will outline the unemployment act and discuss regulations, with a Cuero meeting slated for Tuesday night.
New York December 30 07 John G Botts president of the New York Cotton Exchange in a year end statement said prospects of continued large consumption of all growths of cotton providing business and political conditions are favorable to world buying power He noted encouragement in the outlook for further reduction or disposal of remaining stocks held by the United States government He added full recovery of foreign demand depends on buyers abroad obtaining dollar exchange through trade channels The world has used cotton at a higher rate in the past year than any 12 months in history suggesting strong trade And world production hit a new high with growing acreage in South America Africa Asia and even Europe overseas The domestic 1935 crop was larger than the prior year though below pre low mood levels
Alfred P. Sloan, president of General Motors, says 1937 should be better than 1936 amid continued recovery in 1946. He cites industrial strife and rising prices as negatives but expects an improved year with greater stability in the national economy through intelligent cooperation by all concerned.
Director Nellie Tafloe Ross of the Mint in Washington notes 1936 marked a clear rise from a deep depression. She cites growing public awareness of social responsibility and the enactment of social legislation as key signs of an improving future for the underprivileged.
Howard Hughes plans to push his clipped-wing “bullet” land plane beyond a Ford speed mark set last year. The racer, now with a 750 horsepower engine and power-operated retractable gear, undergoes tests as it nears acceptance by the United States Army as a piston-powered aircraft.
Retail sales signal new highs as 1936 turnover nears 36.1 billion, with gains across the South and West. Strong employment, farm income, wages, and dividend payments boost purchases in autos, apparel, and furniture, while luxury items and jewelry show notable strength amid higher prices. The year ends with expectations of continued January and February spending.
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