Money Ready for Sew New York Money Ready for Sew New York
New York banks completed plans to issue charming house certificates and may open for payment on an rationed basis tomorrow morning. Huge bales of the new money were printed and some form of payment could start despite operation complexities. Brokers faced uncertainty over when trading would resume as the stock exchange committee and Federal Reserve weighed steps.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Bankers
Secretary of the Treasury
The
Stock Exchange
Hub Exchange
New York Federal Reserve Bank
Liberty Street
Mgs
Stork Exchange
Market activity mixed as commission houses report orders
No record of such transactions exists, suggesting cash basis trades among individuals making quotations. Some commission houses say they are accumulating orders for execution when the exchange reopens. One firm saw bids for stocks at 1 to 8 dollars above Friday’s close, likely covering nervous shorts who failed to exit last Friday. American Sugar Refining announced it would sell only for immediate shipment or delivery within seven days to curb speculation in this emergency.
MENTIONED IN THIS ARTICLE
Commissiong
Shorts
American Sugar Refining Company
Eggs Shipment by Mail Limited as Canada Mexico Rules
A notice received at the local post office bans mailing of eggs to Mexico and limits shipment of baby chicks within 36 hours to points with delivery. Eggs are barred in Mexican mails effective immediately. Chicks for hatching may be sent only to railroad served destinations.
MENTIONED IN THIS ARTICLE
Canada
Espe
Mexico
Dallas children found wandering while seeking kin
Three Dallas children a sister and two younger brothers visiting their grandmother were found wandering on Las Moras street by radio patrolmen Monday. The grandmother, unnamed, was located at her former address. The children identified as Dorothy Ivines 12 Tom 1 and Jerre 10.
MENTIONED IN THIS ARTICLE
Dallas
Las Moras Street
Dorothy Ivines
Tom
Jerre
Graves Returned to Face Charges
A 15 year old youth who signed as F J Graves and who is wanted in connection with the theft of 1500 from a teller’s cage at the National Bank of Commerce has been returned to San Antonio. Detectives Jones and Swift extradited him from New Orleans, and he faces charges there.
MENTIONED IN THIS ARTICLE
J. Meinhardi
Chicago
Hetil Agaly
Uater
San Antonio
Texas
Caltion
Peentr
F. J. Graves
National Bank of Commerce
Omaha Grain Exchange Reopens Amid Hedging Plan
Governors of the Omaha grain exchange voted to reopen the market today trading on the basis of Chinseo May option settlements to be made on the May price when the Chicago futures market opens. An official statement said buyers who wish to hedge their purchases will do so in the Winnipes futures market.
MENTIONED IN THIS ARTICLE
Omaha
Grain
Omara
Omaha Grain Exchange
Chicago
Reserve Branches to Remain Closed
Directors of the Eleventh Federal Reserve announce that the bank and its branches will be closed today and tomorrow. Branches in Houston, San Antonio and El Paso are affected.
Sweetwater Bank Announces This Year's Dividend Plans
In Sweetwater Texas on March 8 figures show the bank will issue a dividend of one percent. Receivers report the Flynt Nae bank closure in December and note 865000 dollars previously paid, with more dividends to come. Current actions indicate readiness to disburse further payments to shareholders.
MENTIONED IN THIS ARTICLE
Sweetwater Bank
Sweetwaten
Texas
Galregéent
Flynt Naelon Bankery
Senator Long Proposes Tax Plan Aligned With Roosevelt
Washington March 6 Senator Huey P Long of Louisiana announced a bill to be introduced when Congress meets to rapidly end most difficulties. The plan mirrors Roosevelt's inaugural program and includes a capital levy tax on fortunes above 10 million, a graduated inheritance tax capping at 4.5 million, and an income tax to prevent yearly earnings above 1 million from being retained. Long said the proposal would yield about 15.9 billion dollars revenue annually, balance the budget, and reserve 12 billion for public works.
MENTIONED IN THIS ARTICLE
Washington, D.C
Huey FP. Long
Louisiana
Congress
Long
Roosevelt
Stores Urged to Deposit Cash in Sheriff Vault
Sheriff Haussie urged merchants to deposit funds in the county courthouse vault for safekeeping until banks reopen in San Antonio. Sealed packages with receipts will be accepted, guarded by armed deputies. four radio patrol cars will protect suburban residents against burglars and bandits.
MENTIONED IN THIS ARTICLE
Aébert Haussie
Bixay County
San Antonio
Hausser
Vaul
Dights
Aransas Pass Issues 2000 Scrip to Aid Local Merchants
A mass meeting led by the mayor approved 2000 in scrip to help merchants during the bank moratorium. Issued by the city, the notes could be redeemed only for Humble company or government checks. Denominations include 25 cents 60 rents one and three dollars.
MENTIONED IN THIS ARTICLE
Aransas Pass
Humble Company
World Markets Watch Gold Standard Amid U S Holiday
Across major centers from London to Vienna investors tracked exchange rates and gold prices as the U S bank holiday paused dollar quotations. London and Paris saw mixed movements while Amsterdam and Basel avoided disruption and bankers warned the gold standard remained intact.
MENTIONED IN THIS ARTICLE
Liverpool
Paris
Berlin
Resuhsbank
Tome
Madrid
United States
Holland
Amsterdam
Basel
Bank For International Settlements
United Sites
Vienna
Open Forum letter on county hospital funding and court hours
The writer asks if county officials should donate about 6000 of their salaries to support the county hospital instead of raising taxes. They propose treating the courts as a business with new hours to speed cases and justify salaries, signed FP. K.
MENTIONED IN THIS ARTICLE
the Light
Notica
County Commissioners’ Court
Fsg
RFC Bank Holiday Affects Global Financial Actions
Washington reports the Reconstruction Finance Corporation joins the bank holiday with no new loans and drafts on American banks halted. International notes include Lisbon dollar transactions discontinued, Japan markets closed, Shanghai dollar down, Havana banks closed, Puerto Rico considers bank scrip, Montreal banks quote par while U S visitors face funds access issues.
MENTIONED IN THIS ARTICLE
Lisbon
Johannesburg
Japan
Tokio
Yokohama
St Kobe
Shanghai
Havana
Machady
San Juan
Purto Rico
Beverley
Montreal
Toronto
The
Stock Exchange
Standard Mining Exchange
Use Of Guard In Oil Fields Flayed
Texas legislative committee on efficiency condemns years of National Guard use in oil field suppression in 1931 and 1932. It estimates guard use cost far more than a capable state police force would, calls guard a mass action tool not routine policing, and urges political independence in appointments and agency reform. It also recommends abolishing 14 occupation boards and transferring duties to existing departments, with pardons authority tightened under the governor’s oversight. Radio ad appears at bottom.
MENTIONED IN THIS ARTICLE
Austin
National Guard
East
Texan
Texas’ Legislative Committee
Adjutant General
Board of Pardons and Parojes
Fort Worth Plans to Use Scrip for Bank Holiday
Fort Worth clears house members met at 10 am to work out plans for replacing currency during the bank holiday. Officials said two classes of certificates likely will be issued: certificates of indebtedness for interbank transactions and denomination notes of 1 5 and 10 dollars to circulate as currency.
MENTIONED IN THIS ARTICLE
Fort Worth
Get That a Million Dollar Feeling with Grove’s Pills
An advertisement touts Grove's Black Root Pills as a natural liver and bowel stimulant. It claims relief from sluggish bowels, promotes easy movements without griping, and urges purchase from druggists.
MENTIONED IN THIS ARTICLE
Grove
Oklahoma Drenched by Rains and Wet Snow Cleanses State
Wet conditions swept Oklahoma with rain and wet snow, except in scattered western and northwestern sections where precipitation was limited. Snow melted quickly from Shawnee toward the north and west while the Texas Panhandle and northeastern Oklahoma saw little to no moisture.
MENTIONED IN THIS ARTICLE
Oklahoma City
Oklahoma
Shawnee
Texas Panhandle
Troops Pursuing Mexican Bandits Near Tequila
A dispatch from Guadalajara reports an engagement between government troops and a gang of bandits near Tequila in Jalisco. The bandits recently held up and robbed occupants of 42 automobiles. they retreated and are being pursued by pursuing forces.
MENTIONED IN THIS ARTICLE
Mexico City
Mexico
Tequila
Jaliaca
Guadalajara
Cupants
Also Mentioned on This Page
Icks SU Ig USA
Truggist
KSAC
Hitler
Fifth St
Toonerville
Graves
HS Panacea
Associated Press
Washington
London
Bank of England
Federal Reserve
Open Forum
Narhes
RFC
Washington, D. C
Insi
Reconstruction Finance Corporation
A. Victor
Egoblet
Ihimore
Marzlany
Suooru
Min
Uber
Ana
Dyer
Pina Wits
Waring
Colinbia Chain
America
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