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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jul 26, 1929
Page
31
The report notes fluctuating cotton prices with early gains fading. Prices for futures like October hovered around 132 to 138 and nearby months showed limited strength amid rain concerns and shifting demand. Market observers cited Liverpool and New York activity, with traders cautious as exports and shipments influenced by weather and overseas demand.
Classified listing shows trucks and tractors for sale including 400 Ford A stake body and 75 International ton with tellerrents, plus Chevrolet and Spa models. Also notes public works bids by Kendall County Auditor for road projects, with bid requirements, deposits, and contract conditions.
San Antonio and Oklahoma City markets report arrival of two cattle cars from Dilley and Fowlerton with mixed demand for top hogs and cattle. Prices for cows, calves, sheep, and hogs listed. Chicago and St. Louis trade show steady to slow bidding with varied weights and sizable feeder cattle activity. Kansas City and other western markets record uneven receipts, strong to light demand, and price ranges for calves, steers, heifers, and lambs.
In Madrid July 26 a Brooklyn bullfighter named Franklin fought two bulls before Primo de Rivera and a crowd of 13 400. He was knocked down three times, saved by an assistant, and killed one bull with bruising injuries. He dedicated his first bull to American artists amid a lively arena scene.
Chicago grain futures jumped as wheat, corn and oats breached season highs amid forecasts of poor crop conditions in the Midwest and Canada. Reports from Europe and Argentina added to fears of tight supplies, with wheat futures up and corn modestly higher before profit taking pulled some contracts back.
Fragmentary notes mention money and metals, with obscure references to traders and dates. Names appear garbled and unclear, but imply a market briefing or price statements. No coherent events or figures emerge to identify persons or organizations.
A seven year old girl in Texas died after a lightning strike near her home. The child stood on the porch during a storm when nearby trees and structures were hit by lightning. Emergency responders arrived but the girl did not survive.
A California head lettuce lot sold Friday at 4.50 per box, 50 cents higher than last week, with merchants noting large heads and minimal waste. The market lists numerous fruits and vegetables including pears near San Antonio, green peas, parsnips, beans, cabbages, melons, onions, and apples with varied prices reflecting a bountiful harvest.
Fragments show July 25 poultry and produce listings with multiple locations including Athens and New York. Prices and items such as creamers and potatoes appear with market notes and vendor references, but many lines are garbled. The readable details indicate a market roundup with assorted goods and occasional numerical values.
Wool trade news from RosTON includes prices firm for fine wools while merino and bale wools show cautious demand. Market activity abroad mixed with withdrawals and strong exports reported. US and Indian sales described as barely active. Shipping data for January 1, 1929 onward shows large tonnage movement. general market tone remains cautious with some sections seeing steady appetite.
New York trading showed gains across utilities rails and industrials as investors priced in tighter credit. Call money steadied at 9 percent with modest fund supply from banks. Bethlehem and other blue chips hit new highs as prominent names like Westinghouse Electric and American Smelting moved up, with public utilities leading gains and several midcap issues rallying on improved demand.
Arvices report 1,000,000 pounds added to Bank of England for equipment to France. Sloss-Sheffield bond issue of 8.5 million dollars planned, with 7,000 in 10-year 6 percent and 5-year notes maturing. Mass utilities remove restriction on New Haven Hartford dividends. Sugar futures edge lower on supply and selling by houses. market mixed with volatility as traders await developments.
Weekly reserve figures from the Federal Reserve Bank of Dallas show San Antonio as a branch with total resources of 14.5 million, up from last year but down from the prior week. securities up 4.75 million and overall reserves down 9.14 million versus last week. Also listed are scattered league results including Dow Moines, Omaha, Denver, Wichita, and other cities with varied scores and standings across the Coast League and unrelated teams.
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