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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jan 03, 1932
Page
17
Broadan Wall reports a harsh opening to the year with stocks slipping after a shortened post holiday session. Industrial shares fell modestly while others lagged, with General Motors near a new low and American telephone and other major issues dragging the market.
Western Ontario faced widespread isolation after a severe insect storm damaged power and telegraph lines. The region including London and Windsor reported downed poles and loss of communication, with parts cut off and hundreds of repairs needed.
BR Forbes argues the railway wage issue hinges on security prices and investor sentiment. He discusses tax law changes, loan writs, and market signals shaping rail financing, asserting wage controls could ease when underlying security values stabilize and Congress reshapes related provisions. He cites figures, industry voices, and a reader’s quip about advertising cycles signaling economic shifts.
Indeterminate notes on grain trading show firm cash bids and cautious demand. Wheat prices fluctuated with May futures near the week’s high but struggled to hold gains while traders watched foreign markets for direction.
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