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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Sep 16, 1935
Page
7
A rash of accidents in Texas over the weekend left at least 13 dead and several injured. Among the fatalities were a 4 year old and a 22 year old, with victims in Kerrville, Burkburnett, and Gainsborough, including a man who died after a car struck a wall and a boy struck by a car while near Amarillo.
San Antonio officials clash over a two week vacation rule for fire and police, with Commissioner Wright arguing the cost would be prohibitive. He cites a 2.73 million dollar budget for the coming year and estimates a 173 dollar per officer extra cost, risking 67 percent of the city budget to the two departments. Legislator J Franklin Spears threatens to report the violation to the state public safety commission for enforcement or removal. Wright says he would like to retain staff because of experience, noting forty four years in the department and twenty years as commissioner.
Global equity markets softened amid persistent geopolitical anxieties and slower trade signals. Analysts cite weaker exports, reduced corporate demand, and cautious policy rhetoric as drivers behind the dip in stock prices across major indexes despite some pockets of resilience in select sectors.
A government study of 8,407 drug stores shows chain units leading sales, with independents delivering the largest per-store performance despite small units. Mail order and direct-selling shops ranked second in sales per store, while independents still accounted for about 74 percent of total units. The 1895 and 1866 data indicate drug stores were a minor share of all U S stores yet dominated 42 percent of total drug sales.
A dense schedule of meetings and events across San Antonio clubs and organizations. The list includes the Atsma chapter on Losoya street, the Delphian society round table at Mrs Frank Springer, the Elizabeth Forter Home Demonstration club, Milam cafeteria events, Woodrow Wilson Parent-Teacher association, San Antonio Federation of Music clubs, and multiple church and fraternal group activities with times, locations, hosts, and featured speakers or programs.
A chaotic program review notes The Ravens at the Texas Theatre with Bela Lugosi style horror and a mad surgeon, plus comedic turns from Laurel and Hardy and Joe E. Brown. The Texas films feature Ghostly and musical bits, including Ginger Rogers and Fred Astaire in a later showcase with Berlin songs. Also covered are the Aztec program, local community events, and a Vocational and Technical Parent-Teacher group meeting notes.
The New York stock market opened mixed with muted activity as bank shares and major producers saw limited gains and others lagged. Commodities held steady with copper rising, while bonds stayed steady and grain prices fluctuated. notable names included American Telephone, United Aircraft, Johns Manville, Bethlehem Steel and Sears Roebuck amid a cautious trading day.
Grain prices in Chicago edged higher early amid foreign news while December wheat hovered near open, corn fluctuated with an initial drop then slight rebound, and oats fell with corn. Reports note that domestic receipts and potential government farm loans influenced market sentiment, with hogs elevating provisions losses. San Antonio farmers posted local hay and grain prices, listing prairie and cane hay values per ton and assorted forages.
The London market reports copper and electrolytic prices with standard quotes and futures. It notes irregular exchange rates in New York and London, with varied demand indicators for Great Britain Italy Belgium and other nations, plus bank and commodity price references across multiple currencies.
The San Antonio Light advertises a quilt pattern titled snow ball power with two required fabrics and simple instructions. It promises a complete, easy to follow layout for single and double bed sizes, plus a patch placement diagram and contrasting material guide. Readers are asked to send ten cents in stamps or coin to Keadlecraft Department.
San Antonio Livestock market began the week with steady cattle prices and active trading. Fat calves brought around 6.76, heavy steers near 85, lightweights and cutters at 2.76, while fat cows showed limited demand. Sheep and hogs remained active with buyers present. receipts tallied 319 cattle, 579 calves, 9800 sheep, and 11,000 hogs across markets in St Louis and Chicago, signaling mixed but steady conditions.
A fragmented AP style note from Chicago indicates quarterly dividend activity across several firms. Mentions include Pine, Westend, Theonta, and S contd with a focus on exntial stay and mandatory distribution indicators. Ambiguity remains on exact amounts or dates.
Spectator notes a cautious view on rails and broader markets as Dow Jones and industrial averages show gains since March, followed by a pullback and renewed uptrend. Analysts warn the bull run may pause with a significant correction potential in the near term.
New Orleans cotton futures slipped 1 to 4 points amid cautious hedging and good demand. October opened at 21 18.260 then eased. December at 10.29 and May at 10.42 showed slight declines as weather improves sentiment. Liverpool market held steady with no receipts and steady tones in mild demand.
A garbled wire service style snippet references currency values and a bond market mood in New York. It mentions a 55925 sale and a contemplated event this Monday, but the text is largely unreadable, offering few concrete names, dates, or outcomes.
Anyon Mockholters of Virginia Electric and Power company attends a meeting on September 2 to discuss authorization and exertion of a new mortgage on the company property. A lot of more than $40,000,000 of new bonds under this issue will be offered or taken, with aldermen present at the meeting.
Produce markets show mixed availability with melons cantaloupes and Bartlett pears disappearing. Utah peaches Washington onions new California potatoes and Incal supplies noted. prices for cucumbers corn beets and peppers varied with scarce No 2 potatoes and lower market activity.
New York and Chicago markets show mixed poultry and eggs receipts, with prices for hens, turkeys, and ducks moving unevenly. Also note creamery butter prices and standard egg quality listings, reflecting activity in New York Day Fronts and regional commodity exchanges.
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