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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jun 08, 1936
Page
8
By 3.0. Forbes reports the financial world watches the Republican convention and Democratic platform for cues on security, taxes, and employment. Public relief, government debt, and a cautious business climate color calls for restraint amid labor tensions and industrial strain.
Washington reports a factional contest for the Democratic House leadership after Bankhead’s elevation to speaker. Representative Rankin of Mississippi praised talks to defer a decision until next session, stating no candidate should be advanced as floor leader today.
The report details corporate profits by industry with utilities faring better than railroads and industrials during the recovery. It notes a 1972 level close to 1929 and shows agricultural implements railway equipment and steel groups with net profits, while Class I railroads remain unprofitable. Total income for Class I Railroads fell to about $300.9 million, the best since 1685.
Spring wheat territory reports pushed prices in early trade while tight rainfall limited gains in the northwest. Chicago wheat held steady from Saturday’s finish as restocking orders and selling interest tempered futures. San Antonio grain prices show bids for corn, oats, maize, and rye, with various grades listed. Liverpool spot wheat holds at Manitoba and Australian levels with the exchange rate noted.
The summer schedule for Bexar county's new bookmobile library service was announced Monday. It lists stops at Salado Valley iBeay Wetmore Selma Pratt Berna Kinny and other communities with times from June 9 to June 19. The mobile library will visit each stop weekly, primarily calling at school buildings.
The American Iron and Steel Institute estimates steel production for the current week at 69.5 percent of capacity, up from 68.2 percent last week and 63.1 percent a month ago. An advertisement invites readers to list items for sale in the classified section, promising quick sales at light prices.
New Orleans cotton prices remained mostly higher after an initial rise as selling in the East absorbed offerings. Weather showers were reported in North and South Carolina, while Western Alabama traders viewed the weather as a bearish but constructive factor aiding a steady tone.
Nine individuals appeared in County Court at Law on Monday on liquor violation charges after state inspectors filed nine counts. Defendants include Luis Menorano Alfredo Benavides Gertrudis Alonzo Nora Rodriguez Julio Hernandes Maria Flores Domingo Rodriguez and others with offenses for untaxed or unstamped beer and whisky. All alleged incidents occurred Friday or Saturday, as prosecutors warned harsher penalties for a second offense.
San Antonio market reports indicate cattle and calves at steady to higher prices while hogs gained on strong demand. Trade was uneven with good demand for medium grade calves and feeder stock. beef and hog prices ranged broadly across weights, with top hogs bringing around 8.75 per hundred and cattle showing mixed movement across regions including Chicago and St Louis totals.
June 8 AP report from London covers oscillating dollar and francs as Fremisr Kum’s French plan stirs speculation. US stocks rose 14 cents, with Open Market close at 4.09 percent, while New York rate movements and foreign exchange shifts influenced trading and shipments across sectors.
New York stock traders chased a cautious advance as European news steadied nerves and the market showed gains by midafternoon. U S Steel led in the uptick with other names like General Motors and Chrysler rising. bonds strengthened and wheat edged lower. Analysts noted tax and tariff debates, wage expectations, and potential currency shifts influencing investor sentiment.
In New York and Kansas City markets a wide range of poultry and produce items are listed with varied prices for live hens, white and colored rocks, turkeys, ducks, and fowls. The report notes steady to firm prices for dairy and eggs, with mixed conditions in potatoes and overall provisions markets, including sugar futures influenced by refining activity.
A pool operator instruction program based on Tatesh methods will run in San Antonio with instructors William Bear from the state education department L W Fox from the San Antonio Vocational and Technical school and H J Hargis of the state health department. Boaz is expected to arrive late Monday and classes will be at night at the Vacations and Technical detent under the health department.
Regal motif and peacock design pattern 64 and 1164 prompt readers to request this wool embroidery chart. The notice lists color ideas teal and blue, suggests materials and stitches, and asks for 10 cents and stamps or coin to the Antonio Light Needlecraft Department with pattern number and sender's name and address.
Washington dispatch reports friction over a Panama treaty described as a protective joker. Senate leaders faced protests as critics warned it surrenders canal protections and subjects Central American politics to U.S. control. The piece notes White House conferences with Mrs. Roosevelt, debates over timing of consultations, and potential impact on canal sovereignty.
Funeral arrangements for Rev Frank Scoville Onderdank longtime Travis Park Methodist pastor were delayed Monday awaiting relatives. He served 40 years in the church including postings in San Luis Potosi and leadership roles in Texas Latin America missions and the general conference. He is survived by his widow Rowena Onderdank four daughters and six grandchildren.
In Orange, June 1905 testimony described Rev Edgar Eskridge fearing his wife’s danger the day Police Chief O Reilly was killed. Clarence Keown, a former partner, testified Eskridge spoke of execution day and threatened to kill. Eskridge allegedly carried a .22 and appeared volatile and cursing during a walk with Keown.
Fragments of a historical market listing show strawberries at 1.50 per crate, cucumbers up 20 cents, okra about 2.75 per bushel, and watermelons 20 to 35 cents each. Other items include lettuce at 92.00 per dozen, blackeyed peas 50 cents per bushel, corn, squash, peppers, and a wide range of fruits and vegetables with varied regional prices and crates or per unit quotes.
The report compiles irregular exchange rates across nations with figures for Great Britain, Austria, Romania, Brazil, Japan, and others, alongside copper and zinc prices in London markets. It also notes New York money market rates, bank offers, and short term treasury yields, reflecting a turbulent postwar global trading day.
USDA reports demand for fine wool territory to Boston slow. prices for French combing length fiber hover near 5 cents for scoured basins. Dealers hold small lots as wool quality and supply tighten, with warehouse stocks under strict export and grading controls.
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