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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Apr 24, 1918
Page
15
The cotton market shows a sharp break of about $5 a bale in futures with spot prices weakening. Trading closes amid losses across New York and New Orleans with late rallies failing to offset earlier declines and a subdued weekly weather report adding to selling pressure.
Cotton prices moved down early on light selling and weather news. Reports of lower Liverpool insurance and freighting shifts for May shipments weighed, while a bullish weekly weather note offered some support later. Futures closed near steady, with mixed gains and losses across months as trade waited on official data.
Weather in the Cotton Region shows temperatures near seasonal norms with lows from 45 to 62 in eastern and central districts and western interior areas. Scattered showers hit Northern Arkansas and extreme eastern Ola Noma. The week ending April 3 saw slow cotton germination in Georgia and winter damage in some fields, with replanting needed in Arkansas and some crops recovering in South Carolina.
New Orleans cotton trading today showed a weak session with prices at 3 to 6 points below yesterday. Early and closing quotes indicated a steady to lower tone as futures weakened and liquidation appeared ahead of first May contracts.
The report covers Liverpool and Savannah cotton quotations with varying grades and receipts, contract activity for April to June including 4000 bales and 2600 Am, and new prices for May and June. It notes shipments, steel quotations, and a freight alert from Washington to San Francisco and Wilmington.
The list details wholesale trade prices for fresh produce including onions, potatoes, cabbage, tomatoes, bananas, strawberries, and fruits, with per hundredweight, per crate, and per box rates. It also lists canned fruits, vegetables, meats, and sardines with per dozen, per can, and case pricing.
Chicago on April 14 reports strength in corn prices driven by lower country prices and weather delays. trading swung from sharp advances to retreats as exporters balked and government crop reports suggested frost damage. Oats and provisions moved differently while cotton and other grains showed mixed shifts.
George Creel chairman of the committee on public information testified in New York that he did not approve a June issue of The Masses and said there was no law authorizing him to pry into contents. He stated the Department of Justice would determine objectionable material. Maj. W. J. Culbertson named commandant at Fort Worth Officers Training School opening May 15 for Texas Oklahoma division personnel.
Prices of mixed corn and white corn shelled in bulk and oats cull and bulk per bushel are listed by the marketing bureau of the Agricultural Department at More Worth. Telegraph notices from W G Hand in San Antonio offer market information as government aid during feed shortages and invite buyers and sellers to contact Worth or San Antonio offices.
Retail prices mixed as fruit and vegetables moved in small cents ranges. Eggs, cucumbers, and potatoes experienced notable shifts while meats and prepared foods remained relatively steady in early trading at regional markets.
The notice details wholesale prices for fish and oysters with 12000 pounds of energy fish and 10 days oysters. It notes wholesale and retail rates for Gulf and California varieties and outlines pricing by weight, head removal, and size. Prices vary by market and size, with quoted ranges and packaging terms.
Local packing hours show dry salt bacon varieties including 14-16 pound bellies and 294 bacon extras. References to Stoney breakfaste bacon 7 and 14-16 pound averages, plus 28 second compound and oleomargarine with low grade options.
Texas country candied 3 Ne butter steady MG 48c per pound country 27 poultry prices small but steady noon bids $7.00 to $20.00 per dozen Chicago April 24 quotations butter creamery 42c etc receipts mixed. Kansas City April 2 prices butter creamery firsts 24c. New York raw sugar and granulated sugar prices listed.
Market writeups show generally weak demand for hogs in northern yards with prices easing 10 to 16 cents at terminal points. Cattle and sheep remained steady to firm with strong undertone, while low grades and calves faced softer quotes amid mixed receipts across Kansas City, Chicago, and St Louis markets.
Weaker early gains widen to 1 to 2 point advances in several issues including Reading, Ansco, Ambrose Copper and Sumatra tobacco and Tooxe-Wites Biscuit. Motor stocks drifted, war news kept attention, and late trading saw mixed results with Liberty Bonds quoted around 96.80 as others fluctuated from opening highs.
San Ane trading quoted Mexican money with notes at various banks and a New York money market report showing Sterling bills and government bonds. The brief notes include rates around 4 to 6 percent, with references to demand money, bonds, and London silver.
The report notes quiet trading in New York metal markets with spot prices near six and two fifths, while London shows spot and futures quotes for tin and lead. Names and figures are partially garbled but indicate price activity and delivery terms across exchanges.
Detroit mass transit halted after a panel vote by motormen and conductors of the Detroit United Railway to strike without union sanction. About a quarter of the 2000 workers voted for action. cars on dry runs were returned to barns as most workers walked off the job. The walkout seeks higher wages and changes in pay scales.
Multiple obituaries note Annie E Perry of 108 Aransas Avenue dies at 10am. Survived by husband L Perry and four children. funeral Thursday 4pm at Science, burial in Mission Burial Park. Also Roy Coleman son of Sheriff E E Coleman of Frio County dies at Pearsall hospital. services at Pearsall Methodist Church Thursday 4pm. burial at Pearsall. G F Jackson, 40, San Antonio druggist dies. service at Haly Undertaking Company chapel Wednesday 4pm. burial in Mission Burial Park. Ross Phillips 11 of Smithville dies at a local sanatorium. survived by mother Nassauul, sister, and others. burial at Smithville. Katherine Ruthman 63 of Cibolo dies Tuesday. survived by husband, four sons, four daughters, several grandchildren. funeral Thursday 2pm at Cibolo Lutheran Church. burial Lather Cemetery. Hilda J Wein, ? wife of G D Wein, dies at home. services Thursday 4pm. burial in Lutheran Cemetery.
Advertisement fragment lists Pearce Robinson Undertaking Co ambulance service and motor equipment equipment, Roselawn Cemetery, Antonio's burial services and reasonable terms at a State Bank Building Crock City address.
Detectives pursue a Fort Worth resident missing April 1 who reportedly traveled to Dallas with money and jewelry in his possession. Authorities describe him as wealthy and connect the case to a nearby railroad or road incident. No further details available.
In Austin on April 24 the Supreme Court adjourned a mandamus case and overruled motions for rehearing in several dockets. The court declared orders on writs of error and references, with a few cases granted and others submitted for action.
Austin reports 137,588 people across 252 counties pledged to grow war gardens under HF Johnson’s food and feed campaign. Harris County leads with 29,576 pledges as the effort closes April 24 and expands into the United States School of Garden Army under W Barrick auson and the Texas Industrial Congress.
The War Department authorized a new Marine regiment to serve in France with replacement units, opening 40 600 enlistment slots. About 5000 will be enlisted in May, while standards remain high for young men of health and stamina. Some 1800 enlisted Marines are slated for commissions as the corps trains recruits for combat.
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