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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jul 18, 1933
Page
10
A dated note reports wage increases affecting about one million workers amid shifting labor conditions. The piece references international contexts and names Arthur Brisbane as the contributing author, with ties to 1894 era discourse on labor and national economies.
From yesterday about one million workers in the nation gained salary increases restoring purchasing power to pre-1990 levels. Textile workers number 700,000 affected as the wage hike comes with broader dollar distribution, aiming to lift morale and support continued recovery.
New Orleans reports cotton futures reaching fresh season highs with July and December contracts advancing, while grains show extreme volatility. Wheat and rye jump early before retreating. barley clears $1 per bushel, and Chicago prices fluctuate amid shifting demand and rains in Texas. Minneapolis flour briefly tops $9.00 per barrel as patents rise.
New York markets opened with confidence but faded as profit-taking set in. Shares rose about one dollar to four plus, then pulled back while grains and cotton weakened after early strength. The dollar weakened overseas lifting sterling to about 4.86, with declines in several listed stocks and mixed commodity results in heavy trading.
The American dollar weakened again, ending at 4835 4d to the pound, a loss of 6 3/4 cents from yesterday. In Paris, it fell to 17.71 francs, then later to 17.67 francs, moving from 5.64 to 5.65 cents per franc, amid signs selling was absorbed.
An ex convict is being questioned by Justice Department operatives as the inquiry into the kidnapping of 77 year old banker August Luer of Alton continues. Percy M. Fitzgerald of St Louis was arrested in Madison across the Mississippi from St Louis as police pursue leads.
Partly cloudy with probable local shower activity Tuesday night and Wednesday. Lows around 74 Tuesday night and highs near 105 on Wednesday. Winds light to moderate southerly. East Texas forecast partly cloudy with likely thundershowers in the west Tuesday night and Wednesday. Coastal winds light to fresh. West Texas shows local thundershowers and cooler nights through Wednesday as conditions partly cloudy with showers lingering in the south.
The U S weather bureau predicts scattered thundershowers and cooler temps for the drought hit Southwest Texas and San Antonio. A southerly breeze eases heat with highs near 98 degrees Tuesday. Rain remains unofficially possible but not certain, with humidity high and mild overnight relief noted.
Federal Judge Francis G. Caffey ordered the $25,000 bail forfeited for Joseph W. Harriman, the former Harriman National Bank and Trust chairman, who vanished from a New York nursing home. An insanity inquiry was planned as Harriman fled across river ferries and police searched New York, New Jersey, and beyond for the 68 year old.
Rental column lists a selection of apartments and houses with weekly and monthly rates, including properties on Cadwallader Avenue and University area. Notable prices range from 12.50 to 40 dollars monthly, with multiple listings on Blering, Mary and nearby streets.
Dr. Glenn Frank told the National Education association in Chicago that economies in schooling threaten leadership for the future. Governor McNutt of Indiana echoed that public education is essential and a birthright offering equality of opportunity for every child. The piece condemns politicians funding schools as a wasteful payroll and urges retrenchment where government waste lies.
Former heavyweight champion Jack Dempsey and Broadway musical comedy star Hannah Wil Hong wed at 8 30 am in Bleg Nevada after applying for a license at the county clerk. The couple traveled to Reno by car with Salt Lake City friends attending.
Police believe kidnapped John J. O Connell Jr. may be held in New York. About 291 detectives searched four West Side buildings tearing doors open and questioning tenants. No trace of O Connell found, but officials claim the tip is credible and points to a New York location.
Washington July 18 08 Postal Savings deposits on July 1 reached 1 164 046 200 the highest figure on record the post office announcements show gains with deposits increasing by 96 508 083 amid rising demand for postal savings services Data reflects a sustained growth trend in public savings through the postal system.
Air pioneer Wiley Post lands at Irkutsk after a long leg from Novosibirsk and Moscow. He plans to rest until about 3 p.m. local time and resume toward Khabarovsk while facing fog and navigation challenges. Post aims to beat the world-record pace as Soviet mechanics show interest in his automatic pilot.
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