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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Nov 03, 1930
Page
17
The article notes little change in conditions by November and a worsening overall economic outlook. It mentions renewed concern over recovery, the role of federal, state, and municipal bodies, and the potential for public works funded by unusually easy terms to alleviate distress.
A bleak tone dominates the financial scene with repeated comparisons to prior highs and a mood of low confidence. Prices on grains metals and oils wobble, while copper and steel linger near annual lows. The National City bank bulletin suggests a bottom may be forming but cautions uncertainty remains after the election. Borrowings surge by about four billion dollars from the prior year, signaling heavy liquidation as markets anticipate a rebound.
Five consecutive days of heavy rainfall inundate the region of Mexico State causing widespread crop ruin and mood disruption. No deaths reported. In Texas, the Daughters of the American Revolution meet in Waco for the opening of their Texas convention with national president Lowell Fletcher Thane attending.
Los Angeles reports Jack Holt will star opposite Evelyn Vennt in The Subway Express, production set to begin soon after Fred Newmeyer directs. Cohn travels to New York for business while word arrives of other casting and crime-film trends shaping early 1930s cinema.
The Ben Greet troupe tours America presenting Shakespeare with clear enunciation and strong acting. The Tinston Herald notes the cast shines, the supporting players excel, and the production flows smoothly. Upcoming performances include You Like It Wednesday afternoon and Hamlet in the evening at the Municipal Auditorium.
Night Club unveils a strong opening week program at the resort with live entertainment. Ruth Laird’s Lexusocketa return for a short stint, plus Werman Waldinai and his Gunters Hotel orchestra. The floor show runs nightly after 11 with song and dance numbers and a tango segment.
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