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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jul 11, 1933
Page
7
July 11 reports show equities wavering as the dollar weakens and pound slips. Wheat and corn rise while rye gains at Chicago. bonds steady to hesitant and several big firms cited for gains. Analysts note inflationary pressures, gold risks, and shifting investor interest amid currency moves.
The U S Department of Agriculture notes drought and rainfall shortages across Texas commercial summer vegetable areas. Watermelons and cantaloupes show declines, with reduced June shipments and near normal weather only sustaining some crops. Pecos Valley and Eagle Pass regions expect variable yields and early August harvests.
Gonzales County farmers support a federal cotton acre program seeking more than 25 000 acres planted under the plan. County agents and local leaders voiced approval, arguing the measure benefits local agriculture and stabilizes prices.
Fire partially destroyed the barn and farm buildings of F. Byers at 0245 West Com. Damage estimated at $900. Seance reported Ture y Ban. Guavlard and associates promised today to meet with the family and workers regarding the incident.
May living costs rose modestly with food prices driving the uptick, index data from the Justine Industries conference boards show. Housing and fuel costs fell, clothing remained steady, and overall inflation hovered around 0.4 percent. the May Food index jumped about 3.5 percent from April while sundries rose slightly.
CHICAGO July 11 AP grain prices surged amid government crop shortage data. Wheat and corn leaped to record highs, rye outpacing others with dollar per bushel gains, while oats and barley rose as buying frenzy swept across the market.
A July 10 report highlights changes in investment trusts and market expectations. Analysts assess new schemes, tensions in securities over the counter, and investor reaction to shifting portfolios and market dynamics.
New Orleans July 11 AP Cotton opened steady yet somewhat deceptive. Early trades showed gains of one to two points, with October at 10.84 and December at 11.08, while earlier highs slipped under yesterday’s close. Prices firmed later in the day as marine demand rose and markets turned firmer for October to 10.91 and December to 14.09, with notable moves in related grains and sterling. Trade also noted Liverpool levels with American dates, showing prices up about 14 points from earlier. July and December bids shifted in a quiet session.
Lockhart Lodge installs officers for the year with Past Grand Master Dr A A Ross presiding. Officers include Worshipful Master A A Wlede, Senior Warden Carlos Young Mohle, Junior Warden Dr A A Rodgers Lenik, Treasurer WM Carpenter, Secretary Albert Sidney Grisby, Senior Deacon WW Glosserman, Junior Deacon OB Wilerson, Chaplain Edward C Mields, Senior Steward Florin Beeliner, Junior Steward Howard H Ketley, among others.
Commodity and metal prices are reported with copper tin lead zinc and silver values. London metal quotes show spot and futures figures while New York silver and copper prices are noted. Foreign exchange rates for Britain Germany and other nations are listed with cable and demand figures.
Centered market notes from Kansas City New York and Chicago show varied poultry and produce prices and shipments on July 31. Reports mention dressed poultry, fowl prices, freight terms, and mixed commodities with fluctuating markets.
July 11 report from the U S Department of Agriculture warns Texas is in a grave drought. Ranges have fallen to 74 percent of normal in June, cattle at 80 percent, sheep at 74, with little rain in northwest and west Texas. Areas in Southeast and South Texas saw June rains but many regions remain dry and trend toward feed shortages and cattle movement.
July 11 report says Hays County exceeds its cotton reduction quota with 12 277 acres tabulated and about 200 more signed. Quota set at 12 246 acres. Resulting land signed totals 104 880 with options on 1571 bales government owned cotton. Average lint yield about 148 pounds per acre. County Agent Williams commends the counties committees for their campaign efforts.
In Die in Blaze Guaca Colombia two women and two children died when a fire destroyed a house. Police called the blaze arson and linked it to political revenge.
Raw sugar futures opened firmer on price moves and new demand signals as traders expected early shipments. Advances in refinery margins and market activity supported the complex while December positions drew attention amid mixed futures activity and price cues.
New York July 11 A Wall Street Spectator summary notes wobbling trading and a teetering trend with no clear bearishness. Markets show skepticism toward utilities and silver fears persist while advertising pools push activity and influenced by political influences on the economy.
A damaged OCR of a city market page shows a wide list of fruit and vegetable prices with many errors. Items include cucumbers at $2.29, cantaloupes 60 cents, peaches and avocados cheaper, blue corn at $9.50 per bushel, and assorted produce like beans, beets, carrots, onions, potatoes, peppers, and watermelons with varied per unit or per bushel pricing.
Market reports from London note demand for wool remains brisk as buyers alongside sellers push for steady prices. July trading shows steady activity with numerous bale lots traded and prices cited, while merchants at the exchange adjust quotes for fleece and worsted varieties.
Market notes from San Antonio and Chicago show calves selling around $2.75 to $4.00 with heavy demand for common grades. Illinois and Missouri reports indicate steady to higher prices on hogs and cattle, including stout numbers for steers and heifers, while Kansas City notes mixed receipts and firm to steady demand on fat cattle and lambs.
Cattle and calf prices show steady tone with varied top bids across categories. Calves around 600 head and cattle in bulk see prices near 575 dollars for larger loads, while hogs and other livestock fetch mixed, unsettled figures reflecting regional market activity. Prices cited include bids near 1,000 and 1,200 dollars for select lots in a fluctuating market.
In a federal building incident two Hedwig area farmers posted $1000 cash bonds after arrests tied to raid incidents. Reported items include small quantities of mash and whiskey plus burner equipment found at nearby Jonietz and Draymalla farms. Local authorities note cash bonds have become rare under recent federal enforcement.
Havana July 11 1949 a bus exploded in front of the American Club causing broken windows and front damage. A passenger, Alfred Union, was injured in the blast as others watched the incident unfold in the streets near the club.
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