Real estate boom or bust warns investors in 1929 mindset
A column by Paul Adams discusses how investors in San Antonio real estate are buying when others sell, arguing contrarian strategies that defy mass optimism. He cites 1929 market lessons, noting fear-driven price drops, inflated valuations, and the chance for first class properties to yield profits if bought now and held through the storm.
MENTIONED IN THIS ARTICLE
Paul Adams
Alame
Freeborn
San Antonio
Whin
Geil
Community Store Building Plans Near Completion
Plans for a new community store building at San Pedro and Main Avenue near completion. The one story brick structure will use structural clay tile and reinforced concrete with five story spaces and parsing spate. W. EB Simpson Company Milam Building ace architects.
MENTIONED IN THIS ARTICLE
San Pedro
Main Avenue
W. EB
Simpson Company
Milam Billing
Ace Architects
Stamp tax on real estate conveyances explained
Real estate stamp taxes are outlined, detailing rates of 50 cents per 100 up to 500 and 58 cents per 500 for each additional amount. The tax applies to the total consideration including seller mortgages taken back, with deductions allowed for prior marriages not held or personally interested by the seller. Examples illustrate taxation on properties with encumbrances and seller financing.
MENTIONED IN THIS ARTICLE
Royal Real Estete
Howe
State Hospital Dormitory Contracts Go to Local Firms
San Antonio State hospital awards contracts for a new two story dormitory building. General contract goes to Ed W. Oeffinger at about $80,520 for plumbing and heating to Jud and Ommoend, electric wiring to Wright Brothers, and wire yards to Acme Iron Works. Total project nearly $100,000 with work to start immediately. The B shaped brick reinforced concrete structure measures 84 by 125 feet and includes wards, patient rooms, dining, offices, baths, and recreation galleries. Bids were received from across the state with 17 for general, 11 for plumbing and heating, and 5 for electric wiring.
MENTIONED IN THIS ARTICLE
San Antonio State Hospital
Henry T. Phelpe
General Contrart
Ed W. Oeffinger
Wright Brothers
Wir
Acme Iron Works
Phelps
Houston Street Triangle Site Sold for $150,928
The triangle at East Houston, Travis and Nacogdoches streets was sold by Ed Seeling, a retired merchant, for $150,928. The property fronts about 200 feet on East Houston and Travis streets. Improvements will be made as demand warrants. Yaqui Realty Company were former owners.
MENTIONED IN THIS ARTICLE
Houston Street Triangle
East Houston
Travis
Nacogdoches
Ed Seeling
Steling
Yaqui Realty Company
Rental Directory Adds New Photo Feature in City Edition
The Rental Directory in the city edition showcases a photo catalog of available properties. The Information Bureau and Light want ads counter promote the feature, with Mary Lop providing exterior views from the third floor of the Building. Prospective tenants can request a property photo in advance to gauge interest.
MENTIONED IN THIS ARTICLE
Bigit
Pigaly
Chamber of Commerce
Mary Lop
Mery Lau
Uwe
Real estate activity soars as Biard firm expands
Arthur E Biard company reports nine sales in a week and a flood of inquiries, with prices from 2500 to 4000. New staff, a general manager, and expanded divisions include brokerage, subdivision, lease, building, and farm and ranch. Biard notes strong demand for suburban homes with land for vegetables and fruit trees.
MENTIONED IN THIS ARTICLE
Arthur E Biard
Biard
C.a. Ware
Nest
M. M. Hengly
Hot Wells Boulevard
Bmirs
Ifrleda Solomon
Homer
Nogalitoe Helgate
Er R. Turner
Harding Boulevard
H. Blessee
Ware Boulevard
Charles B. Goss
J. 4. Minkhan
W. B. West
L. G. Fisher
Waremoore
Fstolets
Arthur E Btard Company
San Antonio
Inan
Arthur E. Biard
Guarantee Motor Accepts Scrip for Auto Goods
Acton and announcement by E. B. Tutum manager Guarantee Motor Car Co 702 San Pedro Avenue states the firm will accept the San Antonio board of education issued Series A scrip for Fisk tires Prest-O-Lite batteries tubes and auto repairs. He notes tires and batteries would be sold tax free while stock lasts.
MENTIONED IN THIS ARTICLE
Ag Iohg
Fisk
Federal Job Awarded for New Healing Boiler at Del Rio Post Office
Monier A J Monterang company at 1445 North Flores Street wins the contract to supply and install a new boiler at the U S post office and courthouse in Del Rio Texas. Work includes materials and labor, removal of the old boiler, and Marice's Ind was $1199. Virginia Carolina Chemical Corp Richmond Va and Are motr Fertilizer Works Chirag to merge under Virginia Carolina Fertilizer Corporation with headquarters in Richmond if stockholders approve.
MENTIONED IN THIS ARTICLE
Monier
A. J. Monterang Company
North Flores Street
U. S. Post Office
Court House
del Rio
Texas
Iabir
Marice
Ind
Virginia-Carolina Chemical Corporation
Richmond
Aremotr Fertilizer Works
Chirag
Virginia-Carolina Pertilizer Corporsion
Tom Hardin Newar Plt Faces Weather Buoyed Flights
Tom Harden Newar Plt, chief pilot for American Airlines, ferries meteorological instruments to 20,000 feet daily for the weather bureau. He recently shifted from pre-dawn flights around four miles to a routine Dallas to Dallas Love Field departure, after training at Kelly Field and serving with the One Hundred First squadron.
MENTIONED IN THIS ARTICLE
Ton Hardin
Priot
American Airways
Custon
Indy
Hardin
Weather Bureau
Dallas
Love Field
Enradin
San Antonio
Kelly Field
One Hundred
Texas
Wright Low Bid For Cooling System At Randolph Field
Martin Wright Electric on Navarro Street at Auditorium Avenue submitted the low bid of 7600 dollars for the cooling system project of the administration building at Randolph Field. The contract is pending award.
Boelhauwe Designs Plans for Leon Springs School
Charles Boelhauwe of Aztec is acting as architect for the Leon Springs school building. Plans are being drawn for the structure, which is the main story, with further notes about front work and design ideas.
MENTIONED IN THIS ARTICLE
Charles Boelhauwe
Leon Springs
Stoit
Rook Venner
Schleising Low Bidder for Reroofing Work at South New Braunfels
Schleising Law firm at 100 South New Braunfels submitted the low bid of 1395 dollars for reroofing at a local property, narrowly beating rival bids. Duncan Girld noted as a participant in the bidding process.
MENTIONED IN THIS ARTICLE
Schleising
P. A. Schleising
South New
Roadway Surfacing Contract Awarded to Rodgers & Stewart
A contract for surfacing roadways in the Eighth Corpa area and Fort Sam Houston general depot region has been awarded to Rodgers and Stewart of 107 Wext Lau res Street.
MENTIONED IN THIS ARTICLE
Rodgers & Stewart
Wext Laures Street
Eighth Corpa
General Depot
Ares
Fort Sam Honuston
Jenner Residence Bid Closing at Leigh Street
Bids on Jenner residence at North Bide 200 block Leigh street closed duly by 8. Jen nerl and Vander Stratten referenced as architect. EJ Jenner owner. Rasied concerns about sales tactics and affordability expressed by a city realtor. References include Commander Larabee Corp and a Sherman Texas moving firm.
MENTIONED IN THIS ARTICLE
Jenner
North Bide
Leigh Street
Jet Soon
Richard Vander Stratten
Milam Chevrolet chief extols personal leadership style
Marcu s H Clark general manager of Milam Chevrolet says the busiest leader must work shoulder to shoulder with every department. He insists personal involvement builds customer trust and drives service, sales, and efficiency, noting Milam has grown by keeping customers in mind and welcomes suggestions.
MENTIONED IN THIS ARTICLE
Marcus H. Clark
Milam Chevrolet Company
Downtern
North Flores Street
Clark
Jory Hille
Frm
Hundress
Chevrole Motor Company
Tucker Goes Thoskes Tucker Goes Thoskes
George Tucker, expert shoe fitter, again linked with the Joske rotheres shoe department. For years he has worked fitting shoes and guiding friends to Joske offerings. The department features men’s, women’s and children’s footwear with the latest styles and quality leather.
MENTIONED IN THIS ARTICLE
George Tucker
Talesmen
School Addition Plans Let at Corpus Christi
A contract let for a Suena Viste school addition at 419 Mayfield Boulevard, Corpus Christol. The project involves an 18 lotter one-story two-room wing to the present building with 28 unit capacity, detailing the architectural plans and contractor duties.
MENTIONED IN THIS ARTICLE
Mayfield Boulevard
Corpus Christol
Guerra joins Brand staff in San Antonio art scene
Alfred Guerra is added to Brand engraving’s staff as a commercial artist. The San Antonio artist is known for freehand drawing, lecturing, and designing. The note also mentions Kendall Co enlarging and Griswoldville Manufacturing acquisitions and a new American Dynamic and Chemical subsidiary formed to consolidate seven units.
MENTIONED IN THIS ARTICLE
Alfred Guerra
Antonie Art Ciretes
Othe Matt
Millin
Sr Sane Sauier
Ering
Brand Engraving Company
West Freon Street
Activize American Dynamid and Chemical Corporation
Nen
American Dynamid Company
New York
Everhot Cooker Contest Open to All in San Antonio
San Antonians may enter the Everhot cooker contest by mailing the best essay of nine words or fewer on What I Like Best About My Everhot Cooker. Graybar, the maker, offers a refund or a second cooker to the winner. Submit letters via the dealer from whom the cooker was bought. The Light will supervise selection.
MENTIONED IN THIS ARTICLE
San
San Antonio
Piggly Wiggly 738 Store Building Contract Set
Contract awarded for a modern Piggly Wiggly at Fredericksburg road and Donaldson avenue in the Thomas Jefferson community center. Alfred A. Ginratt named as contractor with Adams and Adams as architects. Building adjoins Bommers drug store and covers about 3000 square feet in a modern stucco exterior with black and white tile trim.
MENTIONED IN THIS ARTICLE
Thomas Jefferson Community Center
Fredericksburg Raid
Donaldson Avenue
Alfred A. Ginratt
N. 8
Dickinson
Adame and Adams
Bommers* Drug Store
Plans for Terrell Hills residence under way
Plans are being drawn for the Ever elt residence to be built on Elizabeth road in Terrell Hills. The structure features a tile roof and plastered walls with three bedrooms and two baths, using structured clay tile and bucco. Builders Exchange Building is listed as the architect, with Terrell Bartlett as engineer.
MENTIONED IN THIS ARTICLE
Elizabeth Road
Ol Beese
Thomas Chompson
Builders Exchange
Terrell Bartlett
Native Son Guests Discuss San Antonio Growth and Law
The San Antonio Real Estate Board hosted Hon. Joseph P. Smith of California at the July meeting in the Pan-American town area. He praised Texas growth, noted California’s license law protections, and urged Texas to adopt similar measures to curb unethical real estate practices.
MENTIONED IN THIS ARTICLE
San Antonio
Texas
California
Holland Reopens Office Move to 715 Gunter Building
Holland, long a San Antonio real estate figure, denounces moving his office from the Dedell building to 715 Gunter building. He has owned homes and lots citywide for years and now sells properties on a rent payment plan. Additionally he owns North Loop Estates, a San Antonio addition, offered on a monthly payment basis.
MENTIONED IN THIS ARTICLE
Holland
Gunter Building
WC. Holland
Rex Estate
San Antonio
Dedell
Halland
Life Insurance Co. Shows Gain in 1932 Rankings
The 1932 Best’s list of the 30 leading life insurers shows Life Insurance Co. with Virginia rising from 29th to 22nd in insurance written. The Virginia company operates a San Antonio branch at GM-2 City-Central Bank building, led by Creston A. King as bi manager, with C. A. Campatil, G. Buskirk, M. H. Leman, and W. W. Altgell as associates.
MENTIONED IN THIS ARTICLE
A. M. Best and Company
Best's Life Insurance Reports
Life Insurance Company of Virginia
San Antonio
GM-2
City-Central Bank Building
Creston A
Bids Closed on Water Main Job in College Station
Bids were to close July 2 for installation of water mains at A and Mt. College in College Station Texas. Contract to be awarded shortly.
MENTIONED IN THIS ARTICLE
al A
Mt. College
College Station
Texas
June transfers total amount reported by Bexar clerk
A June report from the Bexar county clerk notes 848 real estate transfers filed with a total consideration of 4,680,177.38 dollars. A contract for painting a warehouse front at Duncan Field has been awarded in AW Wrathwis Sif.
MENTIONED IN THIS ARTICLE
Camden
Lexington
Bexar Canny Clerk
Ronta
Daincan Field
Wrathwis
Sif
Also Mentioned on This Page
Tom Mardin
Alwaye
Fberge
W. Jehnenn
South Presa Street
Benny T. Phelps
Ea W. Oeffinger
Jud and Ormond
Wright, Bros
Acme Wire and Iron, Works
Tom Hardin
NEWAR
Roe
Boilent
Ravisas City Realtor
Larabee Corp
Tucker
Thoskes
Guerra
BRAND
Kendall CO
Kendall Company
Walpole
Mess
Griswoldville Manufacturing Company
Griswoldville
Mass
EODAY
Terrell Hills
Handy- Andy
Wauking
BR. 1
Smith
Californie
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