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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jun 14, 1918
Page
15
The cotton market closed slightly higher after a day of bear conditions and war news. Prices swung from early weakness to a late rally with New York and New Orleans showing mixed moves while Liverpool remained quiet and Tulare market steady.
New York June 14 The cotton market opened steady with gains as covering supported prices. July rose to around 26.10 and October to about 24.03 after the call, amid stronger demand and lingering spot pressure absence. Census data showed May domestic mill consumption higher than April, aiding the mood, while private crop reports signaled potential late selling.
In New Orleans on June 14 steady trading persisted amid bearish sentiment. December fell 8 points on the first call, other months mixed with modest gains then drifted. by noon active months traded near parity, afternoon selling pressure pushed prices down 4 to 24 points from yesterday's close. Prices closed steady with mixed final moves.
The New Orleans cotton market opened steady with January at 22.79, March 22.89, July 17.00, October 2248, December 2295. Futures closed Friday 4 points lower to 23 higher.
Liverpool market shows steady to lower cotton values with good middling at 21. Wait, prices for June and August futures drifted around 21.0 to 21.6 pence. Fresh vegetables and fruits listed with diverse regional prices for onions, potatoes, cabbage, lettuce, okra, peppers, squash, peaches, and more.
In the local markets, wholesale provisions saw declines. Dry goods extras fell to 34.4 cents per pound, bacon extras down to 27.4 cents, dry roast beef down to 21.4 cents, bacon bellies dropped to 29 cents, and pure lard eased to 2 cents per pound. Several commodities showed no change including fresh fruits vegetables eggs butter poultry groceries mill products grain seeds and spices.
Friday market notes from San Antonio and Kansas City show steady butter and creamery prices, various country and creamery goods, poultry rates for hens, fowls, and turkeys, as well as potato prices and recent Chicago quotations. The reports list butter, poultry, and potato figures by region with current receipts and ranges.
Local packing house quotations list dry salting extras 446c bacon extras 14 16 pound average 27 fancy breakfast bacon 47 percent fancy ham 2c bacon bellies 14 16 pound average 22 pure jard 264c compound 23 percent c American cheese 26c. Qleomarfarine low grade 256 pound medium 284 percent fancy l Saree.
Cotton statistics show values across ports including Calveston Houston New Orleans Mobile Savannah Charleston Wilmington Norfolk and other Pacific ports New York lists day June 14 notes oil markets with quoted prices and no sal es reported in the noon update.
Fort Worth market shows cattle steady with demand holding firm. calves and good feeders sold around 10 dollars while cows and steers posted steady to firmer prices. Hog values were stable in Fort Worth with broader regional gains noted in Chicago and Kansas City markets.
General Pershing announced the first awarding of the Distinguished Service Cross to eleven members of the expeditionary force in France. The group includes two officers four noncommissioned officers and five privates. six earned the honor for bravery on February 28. Ambulance drivers artillerymen infantrymen and a Medical Department private are among the honorees.
The Friday fish market shows ample Texas coast stock including oysters and shrimp likely to last several days. Wholesale prices list oysters at 4.60 per thousand with smaller unit quotes. fish items missing full names but include halibut rock cod barracuda and red snapper priced by weight. Shrimp sell up to 26 cents per pound wholesale with crabs about 78 cents a dozen and frog legs at 3.00 per dozen retail offered.
Advice on infant feeding during summer from Marianna Wheeler urging care for babies from six to twenty four months. Emphasizes regular feeding every three hours, limiting portions, and avoiding overtaxing little stomachs. Notes breastfed babies have fewer risks and warns mixed diets raise summer digestion dangers.
Chicago market shows corn futures easing amid favorable weather and crop prospects. July and August quotes drifted, with sellers scarce and late sessions influenced by western distributor activity. oats followed corn’s action in a mixed day across futures and cash prices.
New York June 14 United States Steel again led the rise in the general stock list as trading opened with gains. Baldwin locomotive American Zinc and Copper and several mining issues posted substantial advances while most industrials softened late in the day. Bond and money markets showed strength with strong call money and renewed activity in English money.
Houston June 14 The newly organized Texas national guard cavalry brigades will be mustered into Federal service as brigades with their officer personnel intact General Wolters reports a Garrett letter says a conference with Secretary Baker and the chief of staff agreed to call the brigades into service as soon as equipment is available
An American aviation cadet is arrested and set for general court martial on charges of trying to transmit uncensored photographs to America via a civilian attache. The civilian is held at a base port. Some photos reportedly show indiscreet content. Also noted is a planned visit by American troops to Manchester with parade events.
London copper futures and spot prices listed with copper at £110 futures and £229 spot. Lathe metal exchange notes primary prices in New York with spot and futures figures including $7097.80 for refined metals and East St. Louis spot at 7.46 RTS. Spelter prices cited at £564 spot and £28 futures.
A thunder shower and windstorm delivered over half an inch of rain to San Antonio Thursday evening, with a 39 mile wind and a drop in temperature of about eight degrees. The storm, connected to recent heat, touched Del Rio Corpus Christi and Galveston with lighter totals as Friday dawned.
The Indemnity Company of America of St. Louis Missouri receives a Texas certificate of authority to transact automobile insurance business for one year ending February 28. The approval comes from the Texas Department of Insurance and Banking, Austin, with CHAS. O. AUSTIN signing and Meyer & Lurttschel listed as San Antonio agents.
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