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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Oct 17, 1933
Page
10
On Monday afternoon the federal district court admitted attorney Frederick Cr. Felz to practice on the motion of T. H. Ridgeway. Jane Noble offers to assist with a properly worded Light Classified Situation Wanted ad at half regular rates.
Congressional investigation into Chase Bank details the creation of the Chase Securities Corporation in 1917, its growth to 85 million capital by 1930, and 6.16 billion in securities handled with 5.68 percent default. Senator Couzens presses for directorship lists as Pecora pushes for records, while Wiggin defends indirect controls and pension pay.
San Antonio resident STANDEFER suggests using $0.5 million for a cotton mill and $150,000 for a woolen mill instead of stadium and race track construction. He argues Texas dominates cotton and wool, urges manufacturing plants to boost employment and growth, envisioning large-scale mills and full textile production under one roof.
Notices posted in the federal building remind San Antonians of the pararedemption of the fourth series Liberty Loan bonds. Bonds callable for redemption on April 15, 1934 end in serial numbers 9 or 1 and are prefixed by JK or A according to the posters.
Sabas Escobeda faced a federal jury trial as the second defendant in a narcotics raid. He is charged with purchase possession and sale of heroin stemming from a raid conducted months earlier by narcotic agents.
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