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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jul 29, 1918
Page
9
Realizing by short sales lifted cotton prices from early losses as traders eyed the July 25 condition report. Sweltering Southwest weather and rainfall shortages weighed on futures, with New York and New Orleans markets showing mixed moves before a steady close.
Moderate weakness spreads through early trading as Memphis crop outlook weighs on prices. October leads declines with losses around 10 to 15 points at times, while other months show varied moves. Increased Southwest Texas supply and freer Liverpool offers pressuring futures, with weather and demand factors cited.
New Orleans cotton prices opened steady but soon fell as general selling dominated trading. By late morning declines widened to 24 to 41 points, with later modest recoveries from reports by Gorter, leaving the market broadly weaker across the session.
Liverpool cotton market reports quiet trading and weaker prices with good middling around 81 pence and low middling near 29.8 pence per pound. Sales total about 1000 bales, 800 American, futures markets quiet with prices for July at 19.0 pence, August 19.69 pence, September 19.154 pence, October 18.80 pence, and November 18.49 pence.
July 29 rainfall and weather readings for stations including Gadcison Houston New Orleans Mobilis Savannah Charleston Norfolk San Antonio over the past ten hours ending at 7 a m. and the meridian times for the period.
Weather Bureau meteorologist Allen Bublin reports 48 hour conditions with highs 98 to 100 in interior areas and little rain except scattered showers in Louisiana and parts of Texas and Arkansas. Light to moderate showers occurred east of the Mississippi with heavier rains in North Carolina Georgia Florida and Alabama as listed with several station totals.
New York July 29 a 9 point drop in General Motors amid a generally firm stock market at the dull opening. United States Steel led gains with Mexican Petroleum and St. Victor preferred advancing. several specialties added 1 to 2 points. Noon spurt in St Paul and Canadian Pacific offset by weakness in American Telephone. overall closing remained firm with Liberty bonds steady.
Metal exchanges in New York and London report varied pricing. Lead remains unchanged at 8.08 spot, spelter near 1085.20 for St Louis delivery. Copper futures and spot quoted in London with electric silver and related futures. further price details incomplete.
Wholesale quotes show corn flour up about 50 cents with barrels at 24 3 4 to 18 3 4 cents while alfalfa hay jumps to 36 a ton in job lots and 33 to 34 a ton in car lots. Fresh fruit vegetables butter poultry and provisions remain steady as markets report steady wholesale levels.
The notice lists ropers and retailers’ prices for poultry meats and dairy items including turkeys geese and creams, with quotes from Chicago and Minnesota markets. Items shown include chickens and fowl at various per pound and per dozen rates, potatoes and other produce, and questions sections with price data and locations such as Kansas City and Virginia.
Market reports indicate hog and cattle prices rose in northern markets with gains seen across multiple livestock grades. Analysts attribute higher demand and tighter supplies driving the advance for hogs and cattle.
Provisions quotations from Chicago and Kansas City show gains in hogs and cattle as demand strengthens. Northern markets push cattle prices 25 cents higher. swine rise about 25 cents in St. Louis with steady gains in most classes. Local arrivals thin. Fort Worth notes hogs up 19 cents while cattle and sheep hold steady.
Market reports from Fort Worth and Chicago include cattle, sheep, and hog quotes. Cattle receipts rise slightly with varied price tiers. hogs and sheep show firm or mixed movement. Wholesale fish and seafood prices list oysters halibut red snapper and cod with per pound and per dozen figures.
Weather improvements push corn prices lower with August near 1.60 and September around 1.04 as supply rises. Hog values firm, supporting provisions, while grain weakness drags on markets in Chicago, Kansas City, and St. Louis cash quotes and futures.
New York sugar prices show steady activity with refined and crushed varieties quoted. The New York State Industrial Commission notes wages are up about 25 percent since last year while retail food prices rose roughly 7 percent, and workers’ earnings rose about 8 percent from April to May.
July trading in cotton goods shows general quiet with price differentials being set in Washington. Mills push on with orders and limited supplies, while gray goods deliveries remain scarce. Government demand affects activity, and overall staple business stays in small volume with nominal quotations across fabrics and prints.
War Industries Board reports reduced steel requirements in the second half of 1925 to 20 000 tons, with a potential outturn of 2 600 000 tons beyond prior levels. Restrictions limit restitution of supplies, and production of copper remains steady while lead demand rises for government needs.
A fragmentary list shows wholesale prices for fruits, vegetables, and staples across states like California and Texas. Items include carrots, cabbage, lemons, peaches, prunes, raisins, sugar, coffee, rice, and beans with varied unit measures and per unit costs amid a garbled display of figures and brand names.
Porter Loring opens a Jefferson Street funeral establishment facing Travis Park with a service oriented design. The pale grey and rose decor by Atlee Ayres and Herbert Bernard features ivory wicker and a quiet chapel, guest rooms, and staff quarters. A dedicated patient bed room aids travelers and strangers, with plans for a back warehouse and motor transport. Loring brings eleven years of experience and leads a staff including C A Wayne and Luther Thomas plus assistants.
The YMCA boxing card at building 32 tonight features about 20 bouts and several wrestling matches. Notable matchups include Troop Cavalry, Ordnance Depot, and 9th Infantry fighters, with George Mears coordinating as Physical Director and referees Lieut. Bert Morse and Captain Irving.
Report from Stockholm cited by the State Department notes unrest in Ukraine and surrounding areas. Kiev watchers count 75 thousand armed peasants as unrest grows and monarchist congress in Kiev seeks reestablishment of imperial rule across Russia.
A July 18 dispatch alleging an Allied high command declaration was found false after AP verification in Paris. Investigators showed the piece attributed quotes to the command and misrepresented its stance, with content altered after censorship in France and the U.S.
Five Sisters of the Divine Providence at Lady of the Lake academy announced their intent to become U S citizens with Deputy Clerk A Campbell presiding. Sisters from Ireland Germany and Romania are listed with years in the United States, alongside Bernard Leon Schneeber who immigrated from Manila Philippines this year.
Washington court hears plan to restore millions of dollars in property seized during wartime. Mrs Louis brewer Haaseh seeks return of assets held by the Alien Property Custodian Palmer after years abroad in Germany. Charles Nagel represents the claimant asserting Congress intended restoration to loyal citizens.
Passengers aboard a British liner arriving Sunday said a German U-boat fired at the ship off the New Jersey coast last Sunday and again Saturday night near the nearby area. No sub was hit, and the liner was convoyed with other ships when the German attack occurred. The incident follows a torpedoing and sinking off the North Irish coast on July 20.
A 12 year old girl was dragged from her home and killed after a relative, said to have become demented, beat the mother unconscious. The assailant was found later near Tyler’s Lake as investigators searched the area for the child’s body. The mother’s injuries are not determined.
In Rockford UK on July 20 1915 Brent Dow Allinson a noted pacifist and slacker was found guilty by a court martial at Camp Grant of deserting military duty under the wartime article of war and is sentenced to years in a federal prison.
Deputy Stanek for the Czech League urged an immediate peace resolution in the Austrian lower house. The measure said continuation of the war is useless for humanity and political utility, but the chamber rejected it as inadmissible for submission to a vote. Deserters blamed for defeat. German meat ration cut to 2000 grams weekly starting August 12 per Berlin press.
The Finnish government debates withdrawing a monarchy bill before Parliament to pause the republic move and apply pressure for support. Agrarian and Young Ireland parties show no desire for republic, while Germany pushes for monarchy citing national stability amid fear of unrest.
The piece warns readers that the alternative to the current system is no longer a republic but a monarchy or a German military government, signaling a pivotal political shift and external influence on governance.
Tex O Reilley a longtime San Antonio newspaperman has been commissioned as a captain in the Texas infantry brigade. He departs for San Antonio to recruit five Southwest Texas regiment companies. A site board examines Camp Johan Wise for a Knights of Columbus recreation building.
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