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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Apr 27, 1918
Page
8
A fragmentary ad list highlights Terrell & Terrell and Lameeese and Builders' Material offering brick, hardware, and weatherstripping. The copy mentions Crockett addresses and suppliers like Nichols Co, with various products and services for homes and ranches in the area.
The day’s cotton futures closed 120 to 171 points lower than Fridays, at the bottom of a heavy downward run. Liquidation pressure and bearish spot factors weighed as May lingered relatively firmer in New York while weaker in New Orleans. San Antonio spots were nominal at 26.50 cents.
In New York today the cotton market saw a rapid, violent break starting at the open. May and July contracts slumped as selling overwhelmed demand, with futures down about 120 to 140 points from Friday's close. Liquidation fears and war news weighed heavily as the market finished weak.
New Orleans April trading opened with a decline of just over a penny per pound as the market responded to early indicators in the cotton trade. Buyers showed caution while sellers fixed prices for nearby lots, reflecting tentative demand in the port market.
Cotton prices weaken amid heavy offerings after buys and sales shift. Futures session shows opening bids near 76 to 24 and end of week drop around 171/2 points, with regional bulletins listing cooler, cloudy conditions across Texas and the lower Rio Grande area. Allen Buell, meteorologist, notes cooler highs and scattered rain in the Cotton Region.
The article details April markets for cotton goods and seafood in New York and New Orleans. It notes shipments west from New York, holiday effects on Liberty Bay, and prices for various oysters and fish by wholesale and retail, with figures for Honduras, Japan, Louisiana, and California varieties.
Northern hogs commanded strong demand with higher quotes across regional markets. Omaha and Chicago reports show gains of about a dime to twenty cents, while hogs at Fort Worth and Kansas City were steady to higher. Cattle and sheep receipts were lighter with prices mostly unchanged, and mixed movement noted in poultry markets.
The April bank statement reports total reserves above requirements across state and member banks, with increases in deposits and reserves held in vaults and deposits in federal reserve banks. It notes gains in legal tenders and a rise in aggregate reserves, alongside detailed figures for various bank categories and deposits. Washington reports that German offensive pressure depresses the mark’s value in Holland and Switzerland, with exchange rates slipping below pre offensive levels.
Prices for butter, poultry, and eggs vary across markets with mixed quality quotes. Kansas City and Chicago reports show butter firsts around 1.80, dairy figures include creamery and packing categories, while fowls and ducks command tens of cents per pound or per dozen.
Classified ad rates across Dallas Times Herald Fort Worth Star Telegram El Paso Herald Houston Chronicle and San Antonio Light promise guaranteed daily circulation over 75000 with 31 for a 20 word Sunday insertion across all five papers. Minimum 20 words per insertion. noon preceeding Thursday for Sunday material.
Data shows variable cotton shipments across U S ports with Galveston and New York figures listed. Commodities mentioned include coasting trade to France and other foreign parts, with total ship reports for Amburia, Memphis, St Louis, Houston, and nearby locales. tallys indicate irregular stock levels and weekly movement amid ongoing market activity.
New York April reports show investment stocks and speculative issues dropping 1 to 2 points amid unfavorable foreign news. High-grade rails, shipping, standard industrials and war groups led declines with prices rebounding slightly at close. Liberty bonds quoted unevenly around 99.22 to 99.50 and 98.64 for other issues.
San An day money markets show Mexican money and sterling bills trading at various quotes. New York mercantile paper for four and six months, with commercial acceptances and government issues listed, while London markets report silver at 49 1/2 pence per ounce and money at 2 percent.
Chicago markets show corn declines driven by stock and cotton setbacks. May and July futures fell as embargo news and hoarding-law enforcement fears weighed. Profit support from hogs limited losses as grain slide pulled down provisions. mixed cash grain quotes appear in Kansas City listings.
A dense list of wholesale prices for vegetables fruits and dried goods by region and item. Produces figures for New crop oranges onions potatoes tomatoes beets carrots cabbage wax beans cucumbers apples peaches berries raisins prunes apricots canned goods and more, with per hundredweight per crate and per box quotations under varied labels and districts.
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