Clipped From The Brownsville Herald

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 - jom. Ask us about this pork. ^ALLEY-LEASE P...
jom. Ask us about this pork. ^ALLEY-LEASE P WISE SEHVICE 0? THE ASSOCIATED PRESET) EIGHT PAGES TODAY BROWNSVILLE, TEXAS, WEDNESDAY, OCTOBER 30, 1929 Noon Edition THIRTY-EIGHTH YEAR--No. 120 IN VALLEY .»» * · » ' * * vt *«t J t » s « f - » © @ ® ® @ @ ® ® ^ ^ , ^^ Growers ToU Citrus Price is Too -- ' " " · " " " · · " " " " ° ' "CALIFORNIA CITRUS fruit (powers are now well aware of the future competition that confronts them, in the. Lower Rio Grande Valley, and a lot of them are not too happy over it, for practically all know it will be the hardest of competition for them. This applies mostly to oranges, as there is practically practically no grapefruit grown out here and that is of poor quality. "The coming season's orange crop Is going to be cut in about half in California, and very high prices will prevail. This will of course help the Valley." . The above is a quotation from a letter written -by B. H. Frazier, formerly a resident of the Valley and 'now living in California, to Dr. S. K. Hallam. Just another Indication that Valley Valley citrus fruit, including oranges, are -being heard from, In. the past there has been a tendency of Valley, people to say: "Our grapefruit is fine but our TORRENTOF Crashing Wave of Sell ing Throws Ex change Into Greatest Panic In Years. NEW YORK, Oct. 30--A sweeping rally in prices took place at the] opening of today's stock market | North American Co. showed an l early (fain of S10, Canadian Pacific Is 25- American Telephone $7, Westinghouse Westinghouse Electric $4 ar.d New Hav. en Erie Pennsylvania, Chrysler, Montgomery Ward and Paramount BUYERS WOULD PAY MORE IF Melden Says One and One-half Cents Per Pound Means Growers Growers Cutting Own Throats. Valley citrus growers, by accepting accepting less for their fruit than it is worth, are letting the best opportunity opportunity they ever have haa slip through their fingers, according to T M Melden of Mission, manager of the Texas Citrus Growers Ex- Donelson, secretary manager Thomas Lamont, left, partner of J. P. Morgan C^ conference of leading-bankers during the height o f t h e stock C----1, and declared the break "purely technical. The savT ·· -1 to the sagging market, steadying it in every way

Clipped from The Brownsville Herald30 Oct 1929, WedPage 1

The Brownsville Herald (Brownsville, Texas)30 Oct 1929, WedPage 1
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