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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jun 13, 1918
Page
13
Cotton prices jumped two dollars and fifty cents per bale as bears faced renewed demand. The June thirteen session showed stronger buying for October and later months, with spot demand lifting July slightly. New York and New Orleans steadied after early fluctuations, while Liverpool and other markets posted mixed results.
Cotton prices opened two points higher on July but eased about 1 to 1.5 points as selling orders and favorable weather news influenced the market. July rose to 26.69 and October to 23.88, with renewed demand from commission houses and buyers for October against new crop deliveries. Reports of boll weevil activity reached Georgia and Alabama as the belt stayed largely clear, while Southern interests supported October. Afternoon trading firmed on rising demand for both spot and new crop deliveries, with July near 22.83 and August around 25.06. New Orleans prices showed a similar firm tone, with futures up on short-covering and a general net gain from the previous close.
Liverpool cotton market notes a quiet session with fluctuating quotes. Prices shown include good middling, middling, and ordinary bands with several reported figures and contracts listed for upcoming months and futures activity.
Cotton statistics from Galveston New Orleans Mobile Savannah Charleston Wilmington Norfolk Boston show shifts in market activity and prices across major port cities. Data highlights regional production, export flows, and price trends affecting traders and mills.
Local quotations show dry salt extras at 266 and bacon extras at 28 percent. Dry salt bellies average 14 to 16 cents per pound, with 7 fancy breakfast bacon at 47 cents, fancy hams at 32, and bacon bellies 14 to 16 pounds. Pure turd at 27 percent, compound at 23 cents, American butter at 26 cents per pound. Oleomargarine on grade at 26 cents, medium 24 cents, fancy 30 cents.
A bustling fish market notes strong wholesale and retail supplies of Texas coast fish and shrimp with steady prices. Halibut, rock cod, and barracuda are prepared for retail. red snapper and tuna figures appear in wholesale listings alongside frog legs, crabs, and shrimp. Weather and cotton region summaries follow, with temperature shifts and showers across the South and Southeast.
Wagons brought a load of watermelons to the market with buyers showing demand while trucks unload amid a steady daily rhythm. Prices shifted across fruit and vegetables with peppers, cucumbers, green beans, corn, apricots, lemons, and cantaloupes reflecting modest gains and declines. California melons remained scarce with nominal pricing, and no changes were recorded in staples like eggs, butter, poultry, and grains.
A scrappy, OCR filled market brief records scattered price quotes across multiple regions. It lists butter, eggs, potatoes, and poultry prices with varied states and markets including San Antonio, Chicago, and Kansas City, noting steady butter and diverse poultry quotes and minor fluctuations in egg pricing.
Dead cattle brought 23 to 50 cents higher at Union Stock Yards as receipts held near average. Hogs steady despite heavier totals, calves and sheep mixed. North Chicago demand softer, St Louis showed advances. Fort Worth quotes steady. cattle, calves and hogs detailed with varied prices and notable market shifts.
Receipts 24000 cattle and calves with mixed demand. Cattle steady to firm with good demand for choicer and spring varieties. veal calves range $15.25 to $25. Sheep and lambs show stronger tone with steady to higher prices. hogs and stockers move sideways amid thin to moderate trading.
Kansas City live stock receipts total 7000 with steady hog and cattle quotes including heavy hogs 10.40 to 16.50 and prime fed steers 17.00 to 17.50. St Louis reports receipts and quotations with hogs up to 16.95 and steer and calf ranges, lambs around 23.25 to 26.00, and stockers 3.50 to 72.00. A fossil discovery near Winfield, Kansas, is identified as a Permian reptilian fish by Southwestern College researchers. The mound bird of Australia is noted for its enormous nests up to 150 feet across and eggs buried two feet deep.
Chicago reports weak corn prices as fine weather and sizable receipts dampen values. July and August futures fall sharply, with late session recoveries from shorts covering. Oats mirror corn moves while hog prices influence provisions. the market closes heavy amid widespread selling by commission houses.
Industrial groups including steels and copper opened with 1 to 2 point gains led by United States Steel. Bettie hem boosted the advance with others like Crucibly and Midvale steels trading unevenly. Strong activity in distillates, leather, and cotton oil helped push prices to highs in the final hour with Liberty bonds quoted around 34.54 to 39.70 and 41.5 at 496.70 to 96.80.
New York metals markets report spot copper around 7.75 cents and 7.87. East St. Louis shows spot at 7.05 to 7.65. London quotation for copper futures and tin futures set at £128 and £29 10, with zinc slags noted. A European investor’s process promises to render glaze works into casting blocks.
Wholesale prices from Texas Bermudas onions to California apricots and canned fruits. Trade terms note freight and commissions. figures cover onions, potatoes, lettuce, corn, peaches, bananas, citrus, dried fruit, coffee and tea, canned meats, salmon, and flour products with unit weights and per hundredweight or per crate pricing where listed.
A June 13 report from Maxim Gorky’s newspaper quoted by the Petrograd Navalita and cited by the Daily News correspondent in Stockholm says Germany plans to pull bulk of troops from Russia to reinforce the western front. A dispatch attributed to General von Hindenburg or Falkenhayn claims battles on the west are decisively critical and large force concentration is needed for victory.
An audience of over two thousand at Beethoven Hall witnessed the sixty sixth annual St Marys College commencement exercises. National Anthem opened the program, a 250 star service flag was unfurled, and medals and diplomas were awarded to graduates of the collegiate and high school departments. Edward Lange delivered a patriotic address as the college choir and orchestra performed two songs.
The birthday of the American flag will be celebrated Friday at 10:00 AM by the Luther R. Dare Auxiliary of the Spanish American War Veterans and the Gen. DB & Stanley Circle of the Ladies' Auxiliary of the Grand Army of the Republic at the Alamo. The program includes flag presentation by Rev. Co. A. Riley, address by Mrs. H. M. Newton, music by Mme. Petitclerc, violin pieces by Glenn Wallace, a reading by Miss Elma LeStourgeon, and a final history of the flag by Mrs. Henry T. Mwing.
A telegram from Constantinople reports a peace treaty signed between Turkey and the Trans-Caucasus government. The Brest-Litovsk accord had ceded Kars Batum and Erivan to Turkey and a separate Caucasian government with Tiflis was formed. Turkey then proposed peace with the Caucasian government and announced recognition of its autonomous status.
On June 13 a levee at Indian Grave broke near Quincy flooding about ten thousand acres. Loss in crops estimated at half a million dollars. Levee damage and a new pumping station reported. no deaths or livestock losses. The district contains around 20 thousand acres divided by a creeme levee still holding.
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