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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jan 15, 1934
Page
13
Prices rose across sectors led by industrials and autos as investors anticipated policy moves. U S Steel, Du Pont, Consolidated Edison and other giants gained while New York Central and related firms moved higher. currency markets showed a stronger dollar, with sterling and other rates edging up as inflation and devaluation fears influenced sentiment.
In Bracketville on January 16 an elderly Indian scout named Still Hap M7 recounts a long life tracking Native tribes across Texas and into Mexico. Born in Musquiz, Coahuila, he served with U S forces, earned a pension, and remains famed for his knowledge of enemy tactics and stamina in frontier conflicts. He now resides near Fort Clark with a vivid memory of battles and travels.
Austin reports a sharp rise in liquor permit requests from doctors and physicians for medicinal use. State comptroller notes repeal of federal restrictions on whiskey prescriptions has spurred the increase. Drug and drum stores must renew permits annually. federal rules once imposed detailed accounting and many restrictions.
In Montana a gale raged as lawmakers attempted a session. Wind and shouting made it impossible to hear. legislators adjourned without proceeding with key business.
Toronto report states a court denied a motion to discharge Martin Trev former Chicago utilities operator from custody. Insull remains under extradition order to Cookcow to be tried on charges related to jewelry and cybercrime involving alleged high value offenses in the Midwest.
WEW BRAUNFELS June 15. Udo Pemsiorn chair of county drive urges every voter in Comal to pay poll tax. Aimed at boosting turnout and funding local services, the effort mobilizes a 16 member committee to reach residents and ensure tax compliance.
A quirky 1930s Washington note recounts Chita Arguelio, a Nicaraguan envoy’s invitational guest, receiving an alligator instead of a puppy after a Florida Christmas invitation. The creature sparked chaos, including a box under a bed and the maid forming an attachment, while officials joked about transport and fate.
The United States dollar moved unevenly in early trading on the London Paris and Berlin exchange markets amid uncertainty. The rate slipped to 3.124 francs per dollar in London while Paris quoted the dollar down 18 francs and below 1% value for the first time in seven weeks. In Berlin the dollar traded around 265 marks per dollar as fears of further devaluation persisted. Meanwhile U S potato prices showed limited activity with slow demand and light trading across Wisconsin Idaho and Colorado markets.
A survey by editor Bartlett of the Antaallg News-Globe reports oil recovery from the Pah haorile field and nearby plants. Production reached about 274,000 gallons of gasoline valued at 1.9 million, with Nekl facilities achieving 86,000 acres daily capacity though three units idle. Overall annual oil recovery neared 11 million dollars with 14.5 million barrels produced from 1800 wells. daily average supply about 46,000 barrels and a projected railroad demand pushed total to 180,740 barrels daily.
Norman W. Lawhorn operator of Elmira Tourist Courts was found dead near his parked car on East Elmira Street. Footprints and blood near the car indicate a struggle and a bullet through his mouth. A .45 pistol was found in his left hand and deputies noted the time of death as 7:30 a.m. Justice of the Peace George H Bacall planned to withhold verdict until the investigation concludes.
London money and metals report shows bullion and currency rates with note on money per cent and bills. Prices cited include silver at 1911.260 and London pound figures with references to gold and market conditions in a brisk, period-voice note.
Wall Street briefs report December crude can consumption by American manufacturers and Rubber Manufacturers’ Association figures for tonnage to date. The utility engineering firm Basstreow changed its name to Gilbert Engineering. the board approved the move to align with a broader corporate identity.
Austin January 15 a new office space is being prepared at the state capitol to house the overflow from the press corps. The Texas relief commission offices were removed from the capitol leaving the reception room empty as the board of control declines to claim authority over it. The press corps seeks quarters in the reception area amid crowded desks and clattering teletype machines. Governor Moody’s term is noted for accessible windows and lively press activity.
In Dallas officials investigate a dysentery outbreak linked to food handlers as two deaths are confirmed. Health authorities monitor restaurants and markets for contamination amid ongoing trials and safety checks to prevent further spread.
In New Braunfels the Jaysee election meeting of the chamber of commerce occurs monthly on Friday night with attendees. Trae monthly meeting details, leadership roles, and changes in officers are noted, including vice president and communication chair positions.
January and May futures showed gains as traders moved to fix prices amid vigorous demand. Prices rose in Liverpool as American cotton sold well, with spot market strength and varied quotes for different grades and months, signaling inflation expectations and steady buyer interest.
In a brisk Texas and Midwest market, cattle and hogs showed mixed momentum with steady to firm prices for select grades. Notable bids hovered around 1500 pounds for steers, hogs averaging near 3.75 to 4.00 a hundredweight, and calves trading from 40 to 75 dollars per head depending on breed and weight. Bulls and sows saw varied demand as feeder cattle and lambs remained active in parts of the region.
The A Mart market reports early shipments of Dakota certified Cobblers tomatoes at 1.75 per crate and Valley oranges at 1.85, with assorted crates of fruits and vegetables arriving and prices listed for many items including beans, cabbages, onions, peppers, and more. Commission quot. tions cover apples, avocados, bananas, pears, grapes, lemons, and potatoes, among others, with buyers anticipating strong shipments and demonstrations opening soon.
Prevailing reports contradict claims of lifted liquor restrictions as Texans cannot legally bring a quart of liquor per month from Mexico for private use. Officials say the privilege only applies to wet states, since Texas remains dry, and enforcement could hinge on possession versus transport. Public confusion grows over baggage exemptions and border policy.
Orr Jan. iJ. Ly Hardy, former superintendent, is named chairman of the South Texas division of the State Teachers association. The next meeting of the division will be held in Brownsville on February 9. Classifieds note two ranch or fairy farm wanted in the segment.
A U S naval intelligence probe into Japanese Navy ships in Pacific ports is reported. The inquiry centered on carrier vessels and tankers tied to Pearl Harbor and Maneuver operations, with authorities reviewing vessel activity during the period.
New York stocks show little change as the week begins with buying on dips and traders noting continued speculative optimism. Demand for bonds broad, second grade issues strong, and real estate activity rising as authorities discuss repeal effects. Foreign markets improve, London sees gains, and the leather and shoe sectors anticipate February activity. Stel preferred price implies a $2 dividend outlook.
Chicago early today shows wheat prices rising over ten cents, amid talk of a new monetary policy package and devaluation concerns. Corn and oats follow with gains, while cold northwest weather and rising U S visible wheat stocks bolster quotes. San Antonio market notes varied prices for futures and local grain trades.
Austin January 15 A grant to fund over two months of study has been awarded to Elmer H Johnson regional economist at the University of Texas bureau of business revenue The support will expand the Texas Gulf South west area research to include Louisiana Oklahoma New Mexico and Arkansas allowing more thorough field work across the region.
A chaotic dispatch from Houston reports Mayor Oscar Holeniele waacelles a hail to gestage of so many emergency ordinances by the city council. The piece notes emergency matters in Wes s then bie lyres Weel re guired to the city charter for pHby. agent regular acdin an era.
Local discussion centers on a controversial plan by Tan Thang to exploit armadillos to control pests. He proposes killing armadillos to supply meat for chickens and uses the protein to boost poultry yields, asserting the tactic could improve meat and egg production despite safety concerns.
New York Jan 15 Walter Gifford president of American Telephone and Telegraph reports 1933 results. Bell System adds 3 increases in telephones and toll calls decline 3 percent from 1932 after year end figures. Earnings per share around 5.30 under preliminary data.
Italian cotton merchant from Milan predicts a strong 1934 boom in textile trade during a Houston visit. He cites 1933 as better than 1932 and expects U S purchases to rise, noting Italy’s 900,100 spindles and a preference for Texas cotton due to steadier shipments and better quality. He mentions Italy bought 677,600 bales in 1933 with 28 percent from the United States and smaller shares from India and Egypt.
Headline from Oak Slaves Increases With Repeal Fra year notes largest shipment of oak slaves from Brownont for wine container production. The French steamer Mont Byere arrived New Year's day with about 1000 lms of slaves for Alters, Oran and Cete ports, with potential further exports to Mediterranean countries seeking Wel products for the United States.
New York provisions report shows varied poultry and produce quotes with several entries for January. Trading notes list prices and market activity across multiple suppliers and regional buyers in New York and surrounding areas.
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