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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Aug 29, 1918
Page
11
Rapid shifts in early trading pushed prices to near record highs since the Civil War but heavy liquidation trimmed gains. Futures showed a volatile session with New York steady to down and New Orleans slight declines, while Liverpool remained quiet and futures closed near prior levels.
Opening quotes in New York cotton trading showed prices advancing as favorable war news and crop prospects buoyed sentiment. October rose to around 33.70 cents, with fluctuations through the day amid reports from private studies and shifting government data, as traders covered positions and eyed near-term supplies.
The New Orleans cotton market showed a mixed day with prices easing after earlier highs. A late drift pulled the market back from firmer levels as dreary weather and unsettled demand kept gains limited and prices hovered near previous close.
Fragmented OCR summary details cotton futures and commodity items with scattered prices and dates. Mentions Liverpool, receipts, prices like 228 percent, and futures close dates, plus erratic notes on fish, oysters, and wholesale activity. No coherent narrative or clear names beyond generic references.
Readable fragments show cotton stock and export notes from Houston and Galveston markets, with mentions of U S exports and daily data. The garbled text references stock shifts and port activity, but precise figures and dates are unclear.
Aug 39 Kansas City market reports show butter and bacon prices with dry salt and breakfast meats. August 20 Chicago quotations list creamery butter at 14 and 0.50 plus, with potatoes steady around 2.00 per bushel and various price points for rifted produce and eggs.
Market notes list egg prices steady at 41 dozen candled in Texas dairy trade. Butter per pound 49 to 50 cents, poultry quotes include hens 22 to 26 cents, large springs 22 to 24, small springs 30 to 32, turkeys 25 cents per pound, ducks around 9 to 12 dollars per dozen. Sugar futures shown with October at 8.56 and January at 8.83. Cotton region bulletin references demand and weather impacts. city and state locations mentioned across markets and weather summaries.
Wholesale prices hold steady with minor declines on select items. Colorado celery slips to 10 cents, California lemons retreat, spring chickens rise to 82.32 cents per pound, and assorted meats show modest changes amid overall stable demand. no wholesale price changes on staples like butter, grains, or hides.
Union Stock Yards notes hog values averaged higher in the north with Chicago activity up to 20 cents and Fort Worth down slightly. Cattle and sheep ranged steady with varied regional shifts, while overall receipts were moderate and most arrivals disposed before noon. Top hogs at 19.00 with mixed cattle and lamb figures across markets.
A report on renewed selling meets in corn quotations with early rally hints, featuring traders like Geteber and Oita piso, noting price movements to $1.50 and renewed activity in futures and cash markets. Officials from the Bureau of Mines and agricultural agents discuss price disparities and market conditions at a New Orleans conference.
A long list of Army promotions and assignments follows. Sergt Allen Arthur Neaith becomes second lieutenant quartermaster and proceeds to Camp Wise. many others including Brown Wood, Mbert Burten, Edward J. Deudrios, and William Waitenouas receive second lieutenants or related duties at Camp John Wise, Kelly Field, Fort Sam Houston, and other installations. Several medical, aviation, and veterinary corps moves are noted, with some officers being relieved or discharged.
The City Federation of Women’s Clubs operates a soldiers’ cafe at the Community House for wartime relief. It requests a checking machine and cash register as funds are low and volunteers struggle to make change. San Antonians are urged to donate via Mrs. FP Smith or Miss Dinah Dirsh.
Washington August 21 Congress resumed consideration of the water power bill with Representative Sist of Tennessee in charge. President Wilken reportedly disapproves any plan to pay the net investment to water power firms, favoring public ownership and urging Congress to restore the bill to its original form that provides fair value not exceeding original cost. The dispute centers on credit and control of development funds for power projects.
The Mood Administration interprets special rule 2 to end deceptive net return dealings by egg and poultry dealers. Dealers must show actual selling prices and deductions, and if buying for their own account they must disclose it. Consignors and consignees require clear prior agreement when goods are purchased for the consignee, or the term net return basis will be deemed unfair.
Fragmentary OCR note shows prices and transactions for turpentine and rosin with partial figures and vendor names. The garbled text mentions Woden Therpitty Te, Wy sia Nifgle Sonsiant, and Mannion oWWell along with vague prices, volumes, and prompts for payment, reflecting a dated trade ledger snippet with unclear context.
Shippings and oils featured in a subdued stock market start with steady but dull action. Gulf and Texas Company gain while United States Steel and copper issues show uneven moves. Liberty bonds hold near varied levels as industrials and specialties lag.
Financial news from New York on August 20 notes short selling trends, loan rates, and money market activity. Market watchers discuss closing values, three month bills, and the general level of interest rates amid wider economic signals.
London and New York report shifts in the metal markets with prices and quotes changing. Traders note volatility as exchanges show different spot and futures activity.
The weekly weather and crop report notes much below normal temperatures in many states but warmer than expected in others. It warns of drought stress and potential top-crop failure due to heat, rust, spider and weevil damage, with delayed planting and uneven emergence in Oklahoma and Mississippi. Despite some showers aiding Arkansas and lower Mississippi regions, overall conditions remain unfavorable for a strong harvest, especially in central and northeastern areas.
President Wilson sent to the Senate nominations for nearly 2000 postmasters including George Armistead of San Antonio who is expected to be renominated. He was praised for handling postal duties during wartime and for managing large camps with doubled workload. Other Texas cities list renominations and new appointments across the nation.
Telegraphic report from Southern Department indicates Maj Gen Robert L Howse relinquishes command of the Second Cavalry Brigade at Fort Bliss and El Paso district. Gen James J Hornbrook to succeed Howse. Howse to Camp Shelby Miss. Hornbrook arrives after France service. temporary cavalry overhaul mentioned.
War Camp Community Service directors accept site at Hackberry and North Center Street for a community house aiding soldiers. Board meeting Thursday noon approved lot donation and free use during the war with funds appropriated by the War Camp Community Service.
Aug 29 report from Westtington C details a mistaken submarine alert involving Chaser No. 200. The vessel allegedly fired at a moving object, depth charges exploded near the ship, and the chaser was sunk. Ensign G V Alderman led officers to safety, with 16 men unaccounted for as search efforts continue.
A report notes a Spad-Vispano bi plane with two machine guns achieving a record for one vehicle. The text references press correspondence and new salaries, but the damaged OCR yields unclear details on origin or outcomes.
The Newfoundland three masted schooner Binnen, reportedly sunk by a German submarine, was towed into port after crew abandoned ship. Damaged by a bomb, the vessel’s frame held and cargo of tobacco remained afloat. Crew landed two days earlier. Police Court Receipts Rise in San Antonio. total weekly city revenue reported at 3,545 dollars amid Mayor Dell era.
A war savings plan renewal meeting of the women's division of the War Savings Sturg Committee will be held Tuesday afternoon at 8 o'clock in the Chamber of Commerce auditorium. Mrs. Amos Graves and Mrs. WF Logan coordinate city efforts with hotel and street booths, urging organizations to take responsibility for stamps sales. Travis GSS and Crockett 7 will organize rural War Savings societies, with Mrs. Stith contacting existing societies to boost pledges.
The article reports officer transfers within the depot brigade as part of its reorganization into eighteen divisions. Madames A Oberon moves to Eighteenth division as director of schools, with several other officers reassigned, including capt. S A Andersen and Lt Col Caldwell, to new roles across brigades and groups. The changes, tied to length of service, reflect the brigade contracting from seven to cann groups.
A six man party of soldiers attempted to siphon whisky from barrels stored in the corridor of the vice squad headquarters. Sergeant Evans observed the covert activity as four men diverted attention with conversation and the others attempted extraction before authorities intervened.
Washington August 29 minor differences between Senate and House draftage conferees were settled and the measure with the Senate work or fight amendment removed was readied for final congressional action. The draft as revised leaves deferment classification under local draft boards and retains Wadsworths Navy and Marine Corps extension. Final disposition and drafting of formal agreement to come tomorrow before adjournment.
The White Sox trail by one game after a 5 4 setback to the Giants in a close Junior Indoor Baseball League match. Giants hitters Mitchel and May had two hits each, while White Sox Schulte belted a late homer. The Bronchos routed the Cardinals 62 as DBittees led with two safeties and May added a first inning double. The next doubleheader features the Slants versus Cardinals and White Sox against the Giants.
The report notes a strong jute market with high demand for yarns and cloth and increased prices. First grade jute quoted at a premium while trade remains slow outside government orders. Belfast reports relief in tax outlook due to ample stored supplies, signaling potential liberal supply.
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