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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
May 14, 1935
Page
9
Market closes with moderate gains amid mixed activity as leaders rotate among sectors. Analysts note profit taking in top issues like American Can and DuPont while expectations grow for new stimulants and cautious speculation persists in auto and electricity shares.
The article outlines an 1926 based index at 150 percent of profits, with 1921 workers faring better than investors, then the 1929 period shifting wealth, a 1932 deep downturn causing chaos, and by 1934 corporate profits rising faster than wages, indicating uneven recovery and ongoing wealth pressure.
Movements in currency markets show the pound nudging around 4.873 to the dollar in London terms and near 3.0 dollars in some New York quotes. The French franc hovered around 6.30 cents in later trades while other currencies fluctuated. Market notes mention strong silver and various country rates, with broader international quotes from London and New York.
A garbled New York security market wire reports names of numerous investment trusts and funds including Am Adventure Bankers Nat Inv, Basic Taustry British Tyee Inv, and Cent Nat Cer A Ty fen Nat Cora B. The text lists many funds and trustees with scattered abbreviations, indicating a broad roster of investment products and trust actions in early May, though specifics are obscured by OCR errors.
San Antonio market notes record light demand for feeder cattle and steady to firmer prices on calves and yearlings. Slaughter cattle and hogs show varied values with feeders trading around moderate levels, while sheep and lambs face subdued activity and price fluctuations.
In New York on May 14 a spectator reports ongoing profit-taking at Wall Street while awaiting clarity on Washington’s legislative setup. The piece hints at expectations for the second quarter dividend, notes laggards attempting to catch up, and mentions key figures and institutions shaping market mood.
Incomplete OCR style lines reference Houston and NCAT with scattered names like Becky and Weems. The fragmented text mentions aims, dates, and a few entities but lacks coherent facts or events to summarize meaningfully.
Washington May 94 Cottonseed report totals 1 743,000? tons for the season and compares with 3 844 587 tons a year ago. On hand at wills April 30 248 558 tons vs 474 208 tons a year ago. Crude oil output 1 031 820 445 pounds, refined oil 952 188 029 pounds, cake and meal 1 407 030 tons, linters 746 849 running ? and other items listed with varying compares to prior period.
Reading is highly garbled with numerous misprinted words and broken phrases. The fragment mentions New York and a secretary general, but overall content is incoherent and lacks clear events, names, dates, or outcomes to anchor a concise news item.
Market reports list new arrivals at San Antonio wholesale yards including Texas cantaloupes at 2.59 per crate and Texas prunes at 2.70 per crate. Multiple fruits and vegetables such as berries, cucumbers, lettuce, okra, potatoes, beans, and citrus appear in varied prices. notes indicate heavy newsprint-style prices and local market mentions across many produce lines.
Wool market activity builds as new clip prices rise in Texas. Buyers like Max Rodin of San Angelo and the Producers Wool and Mohair Co move 9 and 12 month wool. Del Rio, Kerrville, and Junction report large store releases. Debate in Washington over wool inclusion in agricultural act continues amid rising prices and steady shearing progress.
A chaotic yet telling Cotton Market notice from New Orleans outlines mixed trading activity. Prices show fractional gains and declines amid fluctuating futures and spot activity, with references to Liverpool shipments and regional weather impacting demand and pricing dynamics.
An extensive market wire describes fruit and vegetable prices and arrivals across states including Texas, New York, Chicago and Philadelphia. It lists carrots, beets, corn, cucumbers, lettuce, peppers, tomatoes, onions and other items with price ranges and market strength noted. It reports car arrivals, track activity, and market strength by region and commodity.
A garbled May 6 railroad note cites various figures including May 31 end dates, 184 and 4299 in game year terms, and references to forests and lines. The text intermingles place names, tasks, and personnel, lacking a clear coherent event or outcome.
The foreign markets show mixed activity with uneven gains and declines across major exchanges. Traders note cautious sentiment amid uncertain global economics as currencies and equities drift, while some indices recover slightly and others slip.
Grain prices show mixed moves as rain delays plantings and market sentiment shifts. Wheat and corn rise on selling waves while delayed sowing and weather news dampen trading, with live quotes at Chicago and San Antonio market desks and Liverpool futures influenced by Australian and European deliveries.
In Prague in May 75, clerk Karel Safarik forged birth certificates to fraudulently claim bonuses for 57 children not listed in official records. The insurance company, aided by police, traced certificates to parents across the city, uncovering the scheme and resulting in an investigation.
A widely traveled bungalow sold in Vurannesturg closes its long career. Originally built in Canada, it was shipped to India and used for years by officers before being moved to South Alles in sections. The dwelling now stands in a resting place, with plans for demolition as a motor residence.
LEEDS England May 4 A transport department employee found an unregistered envelope containing 100 dollars with a message about pinaseine 100 taken out of Leeds tare boxes years ago. The note recalls fare collections from fifty years ago when streetcars collected fares by passing a box.
A 15 year old army dog, named Od BIW, died in Winnifeg after serving with Cn battery, Hoval Canadian Horse artillery. He was buried with military honors by the unit men. The dog reportedly died of a broken heart as the battery mechanizes and the unit moves on.
A husband planned to barter his wife for money by misrepresenting their relation as siblings to a Molam dealer for 50 rupees. The deal collapsed when the purchaser learned they were real spouses, leading to the wife filing for divorce.
fragments describe a Chinese shopkeeper Wang Chiu Jen and references to wartime funds. mentions of Havana, American ship, and a $4008 amount. OCR errors obscure details but imply financial actions tied to wartime events and personal networks.
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