New Deal Boost Reported Despite Mixed Weather
All sections report business stimulation across New York and San Francisco with financiers backing Roosevelt recovery plans. Banks pledge loans to commercial ventures, wholesale demand rises, and employment edges up as textile and tobacco markets show activity while wage talks and hours shift in anticipation of fall trade.
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Otters
Roosevelt
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Atgal
Dunn and Bradstreet
Gearral
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Food Machinery
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Rainier
East
Midwest
San Francisco
Chamber of Commerce
Bain
Retail Sales Up 30 Percent Amid Mixed Commerce Signals
Retail sales rose by about 30 percent year over year with wholesale and grocery gains supporting the uptick. Notably, electric power demand fell after war-related shortages, while building materials and clothing showed modest improvements and seasonal declines elsewhere.
West Coast Firms Raise Wages Amid Market Pressure
West Coast companies respond to labor market trends by increasing wages across sectors. Analysts note firms in technology finance and manufacturing boost salaries to attract and retain talent. The move signals a broader shift in compensation strategies during a competitive hiring environment.
Alcohol Tax Revenue and Prohibition Prospects
The piece argues alcohol stocks rise and fall amid repeal pressure, noting alcohol taxes historically fund a large federal revenue and could again under repeal. It warns industries face heavy tax burdens, stressing revenue goals over profits in the repeal campaign and linking to broader fiscal considerations.
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Tepes
Treles jSam
Alcom
Revenue and taxes in wartime economic plan
The article argues that the commercial nation provides about 20 percent of government revenue and cites England’s per capita tax of 14.93 dollars. It suggests federal excise taxes in time could yield over two billion dollars annually, covering new deal construction costs and freeing funds previously spent on other taxation. The piece frames tax shifts as returning revenue from “hooileggers” to Uncle Sam.
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England
Uncle Sam
San Antonio Livestock Market Receipts Show Varied Cattle Activity
The San Antonio market opened briskly with mixed cattle supply as calves and fat cattle moved, prices steady to firm, and Cuero and nearby shippers sending carloads. Hogs and lambs showed active bidding, with general prices hovering near last week and notable activity in weights and loads from multiple Texas towns.
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Aton Autic
Senton
Vamicuse
Wilita Barfield
Cuero
Achuhardt
Bruthere
Duderstadt
Pearsall
Arie Stister
Camfort
Cotton Market Reports Mixed Gains Amid Rain Delays
New Orleans notes show cotton trading eased with limited demand and overnight selling. December and October futures fell sharply before partial recoveries. Liverpool quotes show American cotton trades weaker with spot prices down while various middling grades soften amid global demand and weather doubts.
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Tiverpool Cotton
Liverpool
Catey Bon
Amer-cac
Faure
Stock Market Slip Edges Through Easing Trading Quiet
New York buyers and sellers shifted in a dull session as market activity waned and bids and offers diverged. Prices showed declines in several major issues while industrials and staples drifted with limited liquidity and cautious expectations for a calmer market in the weeks ahead.
London and New York Metals and Currency Notes
London metal prices and foreign exchange rates are reported with figures for copper tin lead zinc and electrolytes, alongside New York silver pricing. The piece also covers cattle receipts and livestock market notes from Oklahoma City, including bids, prices, and market directions for beef and hogs, with monthly comparisons and local trading observations.
Fragments of Meteors To Be Sent To University
Two meteor fragments found on a local farm by C. G. Perry will be sent to the University of Texas. Perry did not notice fragments while plowing. The deposits show ground impact with scorches in the sandy soil. Inside one fragment a chunk weighing over a pound appeared, and the two pieces weigh about 150 grams.
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University
C. G. Perry
University of Texas
Perry
Plains Infested by Prairie Dogs in Panhandle Areas
Amarillo Texas reports heavy prairie dog infestation across the Panhandle plains. John Hil of the Biological Survey notes widespread burrow activity and ecological impacts. Observers describe towns near the plains showing signs of increasing Prairie dog activity, with concern over future range expansion.
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Plains
Amarillo
Texas
Panhandle Plains
Utah
Chairman Named for Valley Fete
A local event bound for the Rio Grande Valley is set to feature a transformation of the Union area from January to August. The parade will include depictions of notable figures and the renaming of leaders for the celebration.
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Hartmeier
Rio Grande Valley
Enen
Trend Upward W Spite Of Setbacks
By Merryle Rukriser, Universal Service, New York. July 31. The report notes an upward business trend despite stock market fluctuations and a recent setback. It cites proactive production adjustment, rising employment, and restored purchasing power among farmers as drivers, with finance and policy shaping the pace of recovery.
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Merryle
Rukryser
Universal Service
New York
Poultry Produce Prices from Chicago Market Notes
Chicago July market notes list butter at 24 cents per pound fat, creamery butterings with various price points, and mixed poultry items. mentions turkey prices around 10 to 11 cents and spring onions, beef cuts, and dairy products with dated references to distribution and packing. The document shows numerous vendor names, regional references, and fluctuating figures across many poultry and dairy lines.
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Wall Street Speculation and Market Outlook
New York July 31 a Wall Street spectator weighs the week ahead amid wheat weakness and a possible 40 day low test. Traders expect stock demand on reactions and a tentative business upswing in four weeks, with Seaway Vacuum-board rising hopes of a $1 dividend and questions about equipment and carrier labor. Grains near a potential drop from official perspectives as jobs creation looms.
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Market Price Craze Grips Local Produce Trade
A San Antonio market report shows carrots soaring from 2 to 4 cents per pound amid a weekend spike to 7.90 a bushel for onions and other items climbing in price. Bananas, squash, citrus, canned goods and dairy supply varied, with fresh fruits and vegetables trading widely as merchants faced supply shifts and seasonal demand.
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Grain Market Sheds Sharp Downturn Across Grains
Chicago grain prices slide as wheat corn and rye weaken amid reports of lower prices from Argentina and markets abroad. Traders cite liquidation pressure and weak buying interest while futures trade near session lows with rye and barley hardest hit. The market outlook remains unsettled as uncertainty over supply and demand persists through July.
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Moon Rocket Concept Prompts Costly Moon Trip Debate
United States Naval Academy assistant professor Conred weighs a passenger carrying moon rocket with a $100 million price tag, arguing the cost equals two battleships. He notes challenges include 6000 tons of fuel, a lunar 125 mile ascent, fuel and heat management, and meteor risks. He envisions drift photography and parachute egress post landing. He sees potential scientific and commercial benefits offset by high expense.
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