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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jun 10, 1930
Page
22
Irving Fisher evaluates 1930 price declines in wholesale commodity markets. May end saw minor drops near 0. per cent weekly with the overall level around 87.8. fluctuating prices alter purchasing power and futures contracting behavior, dampening trade and business confidence as prices seek a bottom.
Readers report mounting opposition to Hoover's tariff plan as critics warn it raises living costs and harms exports. Letters from Rawleigh of Wreepart and others urge tariff reform, arguing the high protectionist regime burdens consumers and stifles prosperity while emphasizing the need for balanced domestic and foreign trade.
The national chamber of commerce in Mexico City asks President to nationalize streetcar, light, power and telephone services. It argues government operation would prevent frequent employer employee disputes and strikes and protect essential services.
After an inspection of the East Texas belt, Agriculture Commissioner George B. Torrell said crop conditions in the majority of counties were unfavorable. The outlook was especially poor in Cherokee and surrounding counties.
Bishop William A Leonard Ceveland, head of the Episcopal Diocese of Northern Ohio, was reported improving after a heart attack suffered Monday at his summer home near Gambier. The statement notes weeks of illness and recovery progress as authorities handle the incident.
Toronto report says rain halted the parade of the Ancient Arabic Order, Nobles of the Shrine, delaying the opening of the international Shrine convention. About 10,000 nobles in colorful uniforms were ready to march when organizers postponed the event. Shore Boulevard was moved to tomorrow and other arrangements were tentatively affected.
In San Francisco on June 10 the world conference of Seventh-day Adventists opens talks on church and state across Europe. Existing revisions to church relations and state separation are under discussion by participants.
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