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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jul 25, 1918
Page
13
Cotton markets show October delivery up $2 per bale at close with July futures slipping earlier and then firming on allied victory news. Prices in New York Liverpool and domestic spots drift. drought reports in Arkansas Oklahoma Louisiana influence trading.
Old crop positions weakened at the open with July down about 43 points from the prior close. Trade reports cite continued weakness in Southwest spot markets and mills withdrawing, pressuring July down near 24.6 cents while new crop slid to around 23.7 cents amid drought fears in Arkansas Oklahoma and Louisiana.
New Orleans July 25 The cotton market closed steady after morning declines as short covering and peace rumor rallies supported prices. July futures rose to around 25.29 with other months firm. reports of Allied victories sparked upturns before closing slightly higher than the prior session. Prices in New Orleans showed gains across months, with broad liquidation easing late.
Liverpool market notes show quiet spot cotton with mixed prices and large American-led sales. Futures steady with July at 20.87, October around 19.81, and November near 19.05. Receipts include 100 American bales, with ongoing activity in New Orleans and Savannah including rosin and tobacco-like items. coffee and local oddities appear in a broad market summary.
The Kansas state board of agriculture projects a 1916 winter wheat yield around 102,096,000 bushels based on July 18 conditions. Acreage and area harvested show increases, with corn, barley, and potato yields declining. overall crop prospects are mixed as threshing continues.
Market notes show steady wholesale and retail fish prices with moderate supply. Oysters at $6.50 per thousand, 80 cents per hundred, 10 cents per dozen. Texas fish priced by whole weight with heads on for large sizes. Beef quotations list No 1 and No 2 Texas steers, common cows, and other entries.
Cotton stock figures tabulated for Galveston Houston New Orleans Savannah Norfolk Boston Philadelphia and other ports show yesterday stock levels and compares with stock held on the same day last season in a terse maritime data brief.
Shipper's market reports show steady prices for kegs butter and poultry across Texas and northern counties with minor shifts in goat and turkey quotes. New York raw sugar remains steady. metals quotes unchanged. grain notices list corn No 2 white at 1.02 and No 3 at .10. Weather data from Houston area notes above normal temperatures with scattered heavy rainfall and no western rainfall, according to the Weather Bureau meteorologist Allen B. Bell.
Hog prices turned down slightly in the North with losses of 15 to 25 cents from the primary market while quotas elsewhere ranged steady to up to 35 cents higher. Cattle were steady to a shade cheaper with calves and yearlings trading between $5.00 and $6.50. beef steers around $11.60 to $17.00, cows $5.05 to $6.50, and stockers $6.00 to $8.50. Fort Worth and Kansas City markets showed mixed but generally firmer trends in hogs and cattle amid varied receipts.
Chicago and Kansas City reports show corn prices slipping after frost predictions failed to materialize. Prices fell across near term contracts with July and August slipping while tentative demand surfaced briefly but faded amid improving weather news and weak margins. No significant rally emerged as hog prices pressured provisions.
New York reports raw sugar centrifugal at 6.055 cents per pound and fine granulated at 7.50 cents, with steady tone. Chicago market notes quotations for corn No 2 yellow nominal and Standard TTDI around $1.65 to $1.20, reflecting a day of stable trading.
Metal Exchange quotes show lead unchanged at 8.05 pounds and spelter quiet at 8.20 dollars in East St Louis. St. Louis reports quotations with a few minor notes on white metal No 3.
The list outlines wholesale prices for fresh vegetables fruits and canned goods by region and grade. It includes onions tomatoes cucumbers and peppers with California Texas and Colorado sources, plus dried fruits cereals meats and canned products with unit weights and per hundredweight or per case quotes.
A jumble of price lists from provision markets and New York Exchange quotes. Mentions bacon varieties, cheese, margarine, and various grain prices. References to bonds, railroad securities, and foreign exchange along with a brief note on a patriotic song.
The market closed with gains in the final hour after earlier pressure. Leaders rose over a point while United States Steel and Reading fell back from earlier advances. Liberty bonds yielded as active stocks slid, with notable late gains in a few issues.
Traders reported a quiet session in Mexican currency markets with peso quotations drifting and limited bid activity. The London silver market showed limited movement amid weak demand as investors adjusted positions and rates hovered near previous levels.
First of California grapes arrive in market this season on Thursday amid steady prices. California tomatoes open with unchanged wholesale at 240 a crate and cabbage selling 4.40 to 7.00, lettuce steady, squash up slightly, cherries in stock, pinto beans scarce, Texas fruit rising pennies per pound. Wholesale meats, poultry, grains and dairy show no major changes.
The St Louis Dispatch reports a wave of leadership changes in American orchestras after World War I. Henry Wout is offered the Sefton Symphony director’s chair despite German roots and doubts about loyalty, signaling a shift toward Americanism and away from prewar German influence. Renowned conductors and musicians face new national alignments as European leaders depart or adapt to the postwar landscape.
The New York Philharmonic’s Josef Stransky and the Chicago Symphony’s Pred erick Stork face scrutiny over high pay and influence in American orchestras. Leopol Stowkowski of Philadelphia and Max Zach of St Louis are noted as Austrian born leaders. Bodansky departs the Metropolitan Opera as Warner faces banishment, while Sir Henry Wood’s Queen’s Hall Orchestra reflects a push toward modern music and operas associated with revolutionary composers and a broader European influence.
The AL Temple will entertain at Camp Travis Thursday night. Members meet in front of the Scottish Rite Cathedral on St Marys Street at Torlock, then proceed to the camp. The program features CA Da as principal speaker in Building No 22 with musical numbers by Mme Vetltelere and Mrs Roy Lowe quartet and band.
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