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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Oct 26, 1932
Page
1
Arthur Brisbane reports on shifting markets and public sentiment as a major economic decision looms. Bold headlines promise dramatic changes while analysts confer on potential impacts.
The piece discusses United States Steel and its preferred stock dividend, amid broader concerns on currency values, wheat prices, and global monetary systems. It cites Hoover era worries about cheap currencies harming American workers, analyzes pound sterling weakness, and muses on gold versus silver standards, ending with observations on social topics and prison drug concerns.
New York news reports the birth of a six pound baby boy to Linda Watkins. The announcement notes a hospital birth on October 24 and lists details from local witnesses.
Chicago reports the lowest wheat price in board history as December futures slump below 44 1 2 cents a bushel after Winnipeg and Canadian government cut support. Market calm with orderly trade. decline mirrors Winnipeg losses and Canadian policy shift. Separately, U S Steel announces a quarterly dividend of 1.78 per share prompting a brief rally and later retreat in stock values.
A partial report shows $85,000 of the $100,000 relief goal raised. Tram workers, led by Arthur Pfel and Youngs Crook, announced the campaign during a Wednesday morning session. Pfel said 20 meetings at local businesses sought donations from employers.
Fall night through Thursday with warming Thursday. Low Wednesday night about 40 to 42 degrees. Daytime high near 64 degrees on Thursday. Frost possible Wednesday morning at Kelly Field area. North to northeast winds on the coast meander. Overall temperatures rising in western and northern portions.
Speaker John M. Garner reported to the House clerk that he has received no money and spent no funds in his campaign for re election to the House from Texas Fifteenth district. He is also the Democratic nominee for vice president.
United States Commissioner Paul A. Lockhart noted that the first impulse toward truth may be more reliable as agents found a whiskey still near San Antonio. Esperidon Tadesma and Aurelio Hernandez faced a hearing. Tadesma initially claimed joint operation, then denied it, while Hernandez admitted ownership of the still. Bond for Ladesma was 1000 dollars and Hernandez 750.
Washington October 24 The Veterans of Foreign Wars urged President Hoover to approve immediate cash payment of the soldiers bonus and enact pensions for widows and orphans while preserving disability allowances. They opposed canceling foreign debts and urged strict civil service preference enforcement for veterans and improvements in veteran rehabilitation and hospitalization.
Melvin Brooks, 36, attacked his wife with a razor on Madison Avenue New York. He slashed her throat and walked on until a police officer stopped him. The wife died an hour later at a hospital. Brooks had recently been released from a hospital for the insane.
In Milan on October 2 Premier Benito Mussolini predicted that all Europe would become fascist within ten years. He addressed about half a million listeners, claiming his regime would guide civilization as it did under the Caesars, and asserted that his fascist state neared its free decade anniversary.
San Bernardino County investigators confirmed the body found near Victorville is Mi Iventa Oniney, 21, of Los Angeles. A search is underway for her husband, Gus. A garbled later item reports a joke about political parity from Attorney General Sorensa, not connected to the case.
The weather report notes light frost and a 37 degree dawn at Kelly Field on Wednesday with forecasters predicting fair, cool weather. The Alamo National Bank building recorded 42 degrees, and temperatures are expected to dip to 40 to 42 before rising to around 76 by Thursday. North winds are anticipated as frost may recur in suburban districts.
Panhandle reports 30 degrees with frost in northern areas while temperatures rise toward 52 in the Rio Grande Valley. Brisk winds and rain affected much of Texas though no crop damage. Readings included 30 at Plainview, 34 elsewhere, Abilene 31 to 36, Dallas 40, Del Rio 40, Austin 42, Houston 44.
The Philippine Supreme Court affirmed 36 Communist sentences for a Manila demonstration defying police last year. Twenty banishments to eight years were ordered for provinces, led by Crisanto Evangelista of the Communist party in Manila, with several others given prison terms.
In Chicago a heavily armored sheriff from LaSalle County Illinois arrived to investigate a bank robbery angle. His gray sedan with protective features was parked briefly on Cullest Street near Western Avenue, then vanished within five minutes. The loot and details resemble a high‑tech desertion during the probe.
King Carol II of Romania and Magda Lupescu reportedly discussed conditions for restoring the monarchy. Carol allegedly rejected demands that Lupescu leave the country, while accepting most other terms and intending to keep Lupescu at his side. The situation unsettles the royal family and stirs public reaction.
Uniontown, Pa, reports stockholders of the First National Bank of Calystown, closed in 181K, have been paid $110,000 in dividends and expect further disbursements. Depositors received 50 cents on the dollar while shares yield about 4 percent. The bank, led by Josiah V. Thompson, shut 27 years ago as cow land values collapsed and wartime inflation ended. The payout is described as a happy affair.
The Wickersham commission sub committees publish findings on the Billings Mooney bombing case. Nine conclusions criticize police and prosecutorial conduct, witness coaching, incommunicado detentions, and public prejudice.
Wholesale fruit and vegetable dealers lost a lawsuit after the Fourth Court of Civil Appeals upheld a city ordinance taxing the occupation. The ruling reversed a trial court injunction that blocked enforcement of a $40 license fee. The decision supports city power to regulate and collect fees for this trade. The case involved GG Teague and other wholesalers challenging the tax as beyond municipal powers. The ruling may influence pending taxi regulation cases. Also noted: a separate Baltimore police theft at headquarters with two pictures removed.
United States District Court in Fort Worth heard a new complaint against Seymour E. B. Cox connected to a Mexican mining scheme. Cox, recently left Mexico and held in Laredo on a bond violation, allegedly devised a scheme to defraud by mailing a December to Paul Alpuente of New Orleans, with the charge filed Tuesday by Mail Inspector Mark Williams.
Boise Idaho October 26 Senator William H Borah an independent Republican of Tolubo told the Associated Press today his vote for President November 8 will be determined as the issues develop He said I have never at any time made any reference as to how I should vote
Chicago dispatch reports President Hoover won a sweeping victory at Ford Motor Company plants with 393 votes to 88 for Roosevelt and 16 for Thomas. The outcome reflects strong Republican support among plant workers in this wartime era setting.
Paris reports twenty three convicts escaped from Devil's Island off French Guiana. The ministry of justice said no trace of any escaped men has been found and the event was announced today.
Cooler days bring updated apartment rates and availability across the city. Listings show monthly rents from $25.00 to $99.00 with various places including Mary Lou, Yanan TL, and W. Woodlawn Avenue offering units and weekly options.
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