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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Mar 18, 1935
Page
8
In a forecast of instability, securities and commodities fell over the past week with cotton sinking to season lows. The essayist highlights political factors behind market moves, warns of ongoing inflation and government spending, and questions prospects for a quick recovery while noting potential volatility ahead.
In Lubbock Moreh 18-14) the Technological college seeks a state appropriation of 106609 for a new building expansion. Plans include a temporary annex to the home economics building, housing laboratories, an office, storage, and student services. The project aims to accommodate rapid enrollment growth and will involve a temporary classroom on the ramp during construction.
The chart shows monthly power output in 1982 rising over the prior three years on average, with most months ahead of 1933 levels except September. The figures, from the Edison Electric Institute, indicate a seasonal pattern with monthly totals following a consistent direction and year over year comparison.
On March 18, New York observers note Wall Street lacks spring enthusiasm. Bond and utility stocks show potential for refinancing savings while utilities like Pacific Gas and Electric and Consolidated Gas highlight large outstanding bonds. Refinancing could yield millions in annual savings, with further boosts expected from railway and rail traffic strength.
Paris reports guided radio operators aiding search efforts for a missing plane that vanished three days earlier after diverting 373 miles off course near Mimanga Gahan in Middle Congo. The craft, carrying a crew including an officer, remains uncontacted as rescue teams trudge through the jungle.
Hearst firm purchases four Hereford bulls from Ray Brownfield at the Saucer Block ranch near Hereford in Texas. Bulls aged two years ten months, bred for breeding stock, reportedly brought $1600 each. The animals were shipped from the Brownfield site to Hearst facilities for use in expanding stock at a Paclic cous ranch.
Former Quill secretaries Menday and Tettty were suspended from duties and ordered to appear before a grand jury in Del Rio. Williams, ae and others were cited for testimony as part of an ongoing inquiry into internal operations and potential misconduct.
Thieves forced entry to Tha Vogut, an exclusive ladies clothing shop in Kerrville, Saturday night and carried off dresses valued at 3600 and underwear worth 1000. A spring coat assortment was left behind. Police investigation underway.
Grain market notes show declines in corn and rye while wheat and other cereals weaken. San Antonio receipts list grain and hay prices with corn down about 2 cents and rye near 20 cents lower, reflecting bear sentiment and weaker demand amid storm loosely affecting futures.
New Orleans cotton futures open barely steady amid weak demand and profit taking. Reports cite unsettled trade with July prices hovering near 4.98 cents and quickly slipping to 3.39 cents as selling intensifies. Market notes reference ledgers from Liverpool and New Orleans as traders react to mixed overseas demand and local activity.
The city faces another two week pause in ruling on recent public utilities matters. Inspector Kuykendahl of the Texas Railroad Commission reported a statewide gate rate study underway, with full data due next Saturday. Attorneys for the United Gas Public Service dispute site a state average of 13 cents per 1000 cubic feet versus San Antonio’s higher rate.
Night clubs along the border were shut after a weekend visit by Texas Rangers and border patrol. Capt. Bill McMurray led the raid on the Rainbow Crib, seizing $300 worth of liquor and charging proprietor J. era with possession for sale. He was released on $354 bond after arrest. Two other venues also visited. gambling tables at Rainbow Club were smashed and several men arrested and fined.
Austin reports February charters granted to corporations rose in number and capitalization. The secretary of state notes 143 new corporations, down 23 percent from January but up 10 percent from February last year. Total capitalization reached 1 569 000, 48 percent below January but 22 percent above February a year ago. The University of Texas is referenced in context.
Davis Mountains reports a tiny rutile plant seen nowhere else, described by Dr Studhalter of Texas Tech. Found in a dozen Davis sites and also in Lutipia Creek, Impoots, Agus, and Madera canyons, with notes on its limited distribution.
A 30 artist company led by Tona La Negra and the Cuban orchestra are slated to perform Monday night at the municipal auditorium. The group recently entered the United States and is promoted as popular in Mexico and Latin American countries.
Gordon Griffin of Texas Fuel Commission urged a statewide provation hearing to cut East Texas allowable production by about ten thousand barrels per day.
In Dallas Mazen 18, police Ghiel CW and Trammell invite Rangers to join with Dallas police in a cleanup effort. The notice suggests Rambling and Noror joints may assist if needed. Also from Washington, a livestock health bulletin warns diseases and parasites hinder growth of wild game animals and birds, stressing the need for wild creatures to stay healthy.
First Lleol. Ww. G. Bryte of the air corps reported at Kelly Field in Texas. He formerly was stationed here and has just returned from a tour of duty in the Philippines.
Atonic early week market disorder amid unsettled Dalure prospects and secession news. Declines exceed 2 points in U S stocks as automobile and steel sectors show weakness while foreign exchange shifts favor the dollar over franc and sterling. Trading ends with U S steel down and minor losses across several majors. bullion and money markets show mixed signals.
London metals and bar silver prices are listed with spot and future quotes. The report notes spot prices for gems copper zinc tin and lead, along with bar silver in London and New York, and futures rates for March May and July with exchange insights and international price references.
In Palmer Massachusetts on March 1 a sportsman J Bardek 21 said he shot a wild cat chasing a rabbit after following tracks. The Angora cat owned by Harry Coto was killed as Bardek claimed the animal was dangerous. No effort was made to check if the cat belonged to Coto’s children. The incident drew $25 in damages.
Poultry and eggs prices and market receipts reported from New York and Chicago. Steady live poultry with variations by type and weight. Leghorn hens priced, various barnyard birds and turkeys noted. Receipts and market figures include stock numbers, packed rates, and dairy product references for the period.
A volatile session on the foreign markets saw uneven price moves with German armament issues lifting certain stocks while overall activity cooled. Berlin shares led gains and demand remained buoyant for defense related issues amid proclamations, though many lists closed dull on the day.
Drviden meetings scheduled for the week include Potlesn company on Wednesday and Gorn Products on Friday. Directors of the American Ernko Rhoe and Foubdry company and at U.S Smelting stao ws mest to take action or dividends. Orders received by Baldwin Loco motive Works and anbal Maries in February nrgzreketed $158,000 actual 31574000 in January and $2,36,000 in February. 2934 This brought orders for the first ten months to 3,170,000 neRingt $4,357,000 9 year ann.
In London the US dollar edged higher by 6 cents to 4.70 per pound, trading near a 4.78 level from Saturday. In Paris the dollar weakened by 14 centimes to 16.108 francs, versus 15.17 francs on Saturday.
Knitting pattern describes a heavy cotton blouse with long sleeves and decorative bands. Includes step by step directions, illustrations, and suggested materials. Cost is 10 cents plus stamps. pattern mailed from Ban Antonio pattern department.
Receipts of hogs and cattle vary with mixed prices across markets. Hogs show steady to firmer trends while feeder cattle and slaughter cattle move within narrow ranges. sheep and lambs also fluctuated with midweek activity. Market reports from Kansas City and Chicago detail weights, numbers, and price changes for buyers and sellers.
Bastrop County moves to supervise 1935acreage reduction plan under the acreage reduction program. Committeemen appointed visit cotton growers to collect cooperation with federal efforts, aiming to complete in two weeks.
D. K. Williams, long-time resident, owns Waterford’s lone vacant hotel with 25 rooms. He and his wife promise space for kids to romp, ending years of family living in a small house crowded with children running about.
Burnet County commissioners vote to hire a county home agent with cost sharing for salary. part of government support to cover remainder. Plane fragment found Leamington Ont March 18 reports recovery of a strip of air Diane fabric from Lake Erie. Cadet Milton A Tampl, 25, United States Army, may have perished after a flight from Cleveland last week.
Dr Yan Fyse of the University of Michigan museum of zoology reports 16 bird varieties near Alpine, Brewster County, with four new to science. Notable finds include a green fly catcher a red tailed hawk a large blue thrush and a black crested titmouse along with a rare flicker. He notes many hawks and fly catchers as native or migrant and highlights unusual sightings near the Chisos mountains south of Alpine.
The San Antonio wholesale market shows steady prices across fruits vegetables and dairy with notable items including Mexican tomatoes at 3 dollars per crate and beets at 60 cents per bunch. Apples Delitinna range from 2 to 2.56 dollars per box, celery 3.28 to 4. The dairy section lists cream, butter, and cheese prices with crates and cans, while produce like bananas and oranges maintain firm values amid general market stability.
In MADAID on March 18 a beggar, Concepcion Jimenez, was forcibly removed from the beat by police after five years of begging. She was taken to the poor house as crowds protested, defending the beggar and opposing the intervention. The scene drew indignant locals and raised preguntas about support and confinement for the destitute.
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