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San Antonio Light in San Antonio, Texas

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Newspaper

San Antonio Light

Location

San Antonio, Texas, United States of America

Date

Oct 30, 1921

Page

11

Treasury cuts rates spark rush to buy Liberty bonds

The Oct 29 report from Washington notes Treasury issues at 1 percent and 4 1/4 percent for one year certificates, drawing a flood of subscriptions. Lower rates extend the relief of floating debt, with experts predicting Liberty bonds rise and savings for the government and public.

Harden Colfax Abe San Satun Ashington D.C Hemailstreat United States Jtersfé Treasury Uel Fucsilan Mellon Meniix Finneevil

Financial report hints at slower loan growth and reserve shifts

The Federal Reserve board notes weak loan demand and rising deposits at more than seven institutions, with some banks showing longer check-clearing times. Reports from national banks as of October 18 indicate deposits subject to checks linger over two weeks, while overall economic trends point to cautious lending and rising reserves.

Tapar Mellon Amd Jaman Af Money Ube Notin Seive Counlyy Ding Rodtoral Reserve Board Tautil Beara Iwair

Geraibury pipeline progress and river crossing plan

Approximately twelve miles of the Geraibury pipeline have been completed with a river crossing at Creeks. The line will carry oil to the Ginyborr Oil Company's refinery twenty miles away. An auxiliary pumping plant will service the line near Minee Wine after a planned maintenance break. Road and street paving updates accompany the note on personnel changes and a social event to follow.

Geraibury Il Wat Comite Pon Inck Serserset Ginyborr Oi Company Xan Unter Grarburz Als Spain Ainer

Farmers' co operatives drive growth in agricultural business

County agents report a major rise in cooperative farming ventures and marketing of crops. The 1921 figures show farmers relying more on organized co operatives to make credit available and to expand marketing reach, with savings boosted by lower prices and improved distribution.

Raluit Burton de San Afitanio B. C Tenga &Es Department of Ageivutinrs United States Oweal Federal Reserve Fortain Danses Intererts Bos

Eleven Years as Secretary Ends in San Angelo Texas

San Angelo Texas October 20 The long tenure of Phonsa Owen as secretary of the local commercial organization ends November 2. Owen, a veteran official in the city’s business and civic circles, has been a booster for the area and acted as secretary for the Texas division of the Puget Sound To Sho Gulf Highway project. His resignation also includes stepping down as director of the West Texas Chamber of Commerce and the local booster body. The notice notes his influence on local administration and regional highway plans linking San Antonio to the valley, with details on his career and connections to Chicago.

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Also Mentioned on This Page

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