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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jan 19, 1918
Page
8
Quotations from major cotton markets show gains of over 50 points as buyers return amid holiday on exchanges Monday. Short covering surged with expectations from New Orleans and New York closures, bullion spot news, and renewed peace work pushing values higher across key centers in the belt.
New York cotton futures showed notable strength as trade demand supported prices. Buying by domestic and foreign interests, short covering, and renewed peace rumors pushed May to 30.30 and March near 30.85, with gains of 7 to 11 points, amid anticipation of a New York and New Orleans holiday.
Cotton futures opened higher in New Orleans with March at 1.60, May 2.04, July 2.55. gains after late day rally pushing prices 5 to 6 points. Reports indicate traders anticipated tighter regulations and demand shifts amid related market movements. Cotton seed quotations in New York closed with spot price around 1.00 and futures steady to firm.
Cotton statistics show stock at U S ports with yesterday and current day comparisons for Galveston and other ports, plus coastal and foreign port totals. Interior movement and ship receipts noted for Houston Augusta Memphis and Memphis, with turpentine and rosin prices from Savannah and ranges for various grades.
Saturday wholesale markets show Texay green onions steady at 40 50 cents per dozen, sweet peppers 25 cents per pound, Texam beets down to 0 cents per dozen, cucumbers and spinach off market. Mill products rise with iron and glass prices, grains ease to 2.10 dollars per bushel for corn in job lots and 2.20 in car lots, oats up to 1.05 per bushel in job lots. No changes in fresh eggs butter poultry provisions salt and seeds.
Oysters are running low as shipments continue into the city. Moderate fish arrivals include trout on market for several days. Wholesale prices for oysters are 6.75 per thousand select and 7.25 extra select. retail 75 cents to 1 per hundred, 10 to 15 cents per day. Fish prices per pound for cleaned fish show various figures for Red snapper Red Fish Flounder Sheephead Drums and Croakers.
Market quotations for dairy and poultry at Chicago and Kansas City include butter creamery 40 to 48 cents, eggs at various grades, live poultry with prices for springs, broilers, turkeys, ducks and geese, and potato steady quotes. Also reported are receipts for creamery and other items, with regional listings from Wisconsin Minnesota Michigan and Kansas City.
New York dry goods markets were quiet on Friday with firm prices. Cotton goods and yarns showed subdued activity while wools and rubrics remained steady and calm amid market chatter.
Washington January 19 The Department of Agriculture announced a nitrate sale to American farmers at 75.096 cents per pound f o b shipping point. Farmers pay fuel charges and cash fees. Nitrate to be shipped direct from Chile with local agents handling distribution. Farmers must file applications by February 4 and deposit funds with a designated bank or association.
United States Department of Agriculture reports cotton seed receipts for five months ending December 31 totaling 3,172,262 tons crushed 2,117,187 on hand 1,083,952. Production figures include crude oil refined oil cake and meat among related products and exports. Weather bulletin notes light wind and precipitation under six hundredths of an inch.
A revised price list shows cane sugar and flour costs adjusted while corn meal purchases are required to access lower flour and sugar rates. The document notes mixed changes across staples like pink beans, grits, and rice with consumer conditions emphasizing cash and carry purchases and limited credit terms.
A speech at the annual conference of employees in fourteen southern states urged rapid cattle dip eradication. Chandler, a state agrarian official, warned meat production requires action. Washington experts will join parish meetings in Louisiana to discuss farming plans amid consolidation of wood products groups into a new American Hardwood Manufacturers Association.
The report compiles currency quotes and money markets across cities from San Antonio to London. It lists Mexican peso and United States bank note values, lumbermen convention notes, bonds, and English money rates with minor clerical irregularities in the OCR.
Indications the railroad blockade was being cleared and receipts at corn here would be liberal. Trading was aggressive with local selling and declines in prices. May corn showed weakness while hogs and provisions influenced the market, and futures quotes moved with demand.
New York Jan 19 Conpera oils and a few specialties helped prop up a dull session with gains of 1 to 5 points. Early trade was irregular with steels shippings and minor rails advancing 1 to 2 points before the late covering push. Ma ring preferred stayed heavy as the day closed firm with about 225000 shares traded. Liberty stock moved to new lows amid varied quotes.
TheToday's clearing house and trust company report details reserve levels with declines in cash in vaults and deposits across Fed member banks and state institutions. A stray human-interest note interrupts with a moral about drinking and loyalty from the Ladies' Home Journal fragment.
Jan 19 hog quotations show few changes in the northern markets with Chicago values down five cents and totals at 24,000 receipts. Other markets held steady, hogs and sheep at steady prices, and the city market reports varied by category with cattle and calves totals listed.
Fort Worth and Chicago markets report receipts and price trends for cattle hogs sheep and calves. Prices show steady to lower trends across cattle hogs and lambs with mixed lots and varying weights, plus cotton seed meal and hulls priced for different lot types and sizes.
Prices quoted for wholesale trade include fresh vegetables and fruit. Texas onions per dozen bunches 40 50¢, California white onions 44 per hundredweight, yellow onions 3.75. Potatoes California 5.00 per hundredweight, Oregon Jtusvanks 2.60, Colorado 2.35. Pumpkins yams 4.50 per hundredweight, garland crates 2.60 per hundredweight. Bananas 4.00 per hundredweight, oranges California late Valencia 2.00.
A long OCR style price sheet lists numerous grocery items and prices by weight, box, or container. It includes fruits, canned goods, dried fruits, grains, coffee, tea, oils, and farm products with odd formatting and several misspellings. Notable entries reference California and Florida origins, various boxes and pounds, and per hundredweights.
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