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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
May 22, 1930
Page
25
The May 9 week ended index at 271.87 shows steel shares battered in market reaction yet surviving well. Bears hammering steels to steady the market may create solid long term investment opportunities as prices fall, though immediate market resilience is still uncertain.
Fragmentary report mentions steel stocks and April reaction, a London May 22 date, and a person named Tord Mielcheté discussing income tax. It references giving half income to advertisers and spending months on income tax. Details are garbled and identities uncertain.
James Young, gubernatorial candidate, spoke to a large Callahan County audience at the new courthouse with Judge Clyde White introducing him.
O Kirkman of 524 West Cypress Street faced his landlady in Incorporation Court Judge Dave Watson offered a choice between paying for two pillows or facing theft charges. Mrs Mathews testified the couple left with pillows, only one returned. Kirkman agreed to pay two dollars, covering the pillow value, and was released.
People of San Antonio reflect on living in a city ringed by a rich farming region. Dean Kyle of Texas A M College notes the area can produce a wide variety of crops, including 4,000,000 acres of lead for cotton and a 300 day growing season. The region hosts prize dairy herds and strong city finances benefit from fertile land and wealth from agriculture.
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