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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Oct 09, 1930
Page
1
Fragmented report recalls revolts in Brazil Pernambuco and Argentina rioting leaders executed. Reds attack in Hiangsi province, Munich hosts Tapbael Madonna amid quake, Boston clashes with police as bootleggers sell whiskey to crowds.
A reader letter critiques US and British naval plans, warns against overreliance on numbers, and argues for decisive submarine strength and rapid cruisers. It cites Grover Cleveland and Lincoln and critiques Washington dispatches and treaties while urging a bold, peace-seeking yet forceful stance.
Telegrams from Brazilian revolutionary sources say insurgent Arcons led by Gen Miguel Costa prepare to clash with federal forces near the bonedart line between Parana and Sao Paulo as a defense force braces for an attack on Sao Paulo. A force of 2500 federal cavalry is divided into five regiments of 500 men. Eight volunteers under Acinde Barbora depart from Santa Ana de Lilyrameato for the front.
Weather bureau forecaster J. Hinhow predicts slightly unsettled conditions. Thursday to Friday bring partly cloudy skies with temperatures holding in recent days’ range. Minimum Thursday morning around 70 degrees. Wednesday afternoon heat rising. expected Friday high near 55 degrees.
Gloucester fisherman Gertrude Thebawhl paced the first heat in five minutes ahead of Canadian defender Bluenose in the opening race of the International Fishermen’s series off Gloucester Mass. The event marks the beginning of the North Atlantic championship challenge.
In New York on October 9, U S Steel common stock fell from a November support at 150, trading uncertainly as the market moved erratically. Prices hovered near 140 amid volatility, with occasional rebounds toward 160 as traders assessed the decline.
South San Antonio, a six thousand resident suburb on the Vilo City road near Kelly Field and Camp Normoyle, routes a November vote on dissolving its city government after years of attempts at incorporation. Local residents including L. J. Gaxseres and 200 petitioners argue the city government has failed to deliver benefits, while I. G. Tiserett and Horace Wilson appear in support of the anti incorporation side. If approved, the town would revert to an unincorporated suburb status.
Campbell surrendered on a $10,000 bond after a federal grand jury indicted him on fourteen counts of false entries and embezzlement. The grand jury alleges he misused about $504,404 across several transactions between February and May. Indictment cites a May 12 ledger entry falsely crediting the National Bank of Commerce with $650 from Guaranty Trust, devised to conceal a bank shortage. Campbell, from an established San Antonio family, had been a longtime bank employee.
Classified notices advertise for sale and lease with low rent and underpriced items. Listings reference properties near Port Lavaca including 530 merex and 183 Castillo Street, Nicels furnished rooms, and acre rates around 40 dollars. Also notes an acute men over 35 with a large car seeking work and multiple other opportunities in the classified section.
The basis of prosperity is public purchasing power and willingness to buy. Over-capitalization reduced demand as people bought speculative investments rather than earnings. Big speculators unloaded cats and dogs on the public while investment trusts absorbed remaining worthless issues. The collapse stemmed from over-capitalization and wild-cat finance.
A district court ruling voids Jin Ghedeabeel and Hart McCormick’s contest filing as illegally filed through deputies of the district clerk. Judge Preserick Stevens in the Seventy third District Court sat at noon Thursday and refused jurisdiction, noting statutes require filings by the district clerk personally. Attorneys indicated an appeal could be pursued only after a new appointment or order, with verbal notice of appeal by J R Lew right. The motion to consolidate related cases was also discussed as four judges present could act. The August filing date and deputy testimony were noted.
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