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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
May 24, 1918
Page
15
Quotations from principal spot cotton markets show a bullish close with gains in New York and New Orleans. Prices fluctuated midday as short-covering and new crop positions supported a firmer tone amid favorable weather and strong southern demand, especially in Texas.
New York cotton futures opened with buying orders and gains in May and July as weather calm sentiment kept prices near midday levels. July rose to about 23.30 and October touched higher before turning steady, while a private crop report suggested only a modest gain from the ten year average.
New Orleans cotton trading shows brisk demand with short covering pushing July contracts higher, and spot activity in Texas adding buying pressure. Prices at noon up 34 to 78 points. July strong, later up around 41 to 66 points. Wotton reports steady to higher closes amid favorable weather conditions. Market closes with futures higher across the board and tangible buying interest continuing.
Market report from CHICAGO PROVISIONS CHICAGO May 24 notes quotes on dry salt pork bacon and lard products with varied prices. Includes rough New Orleanians and Honduras sacks, Blue Rose pockets sales and receipts, and weather data by Allan Buell.
Wholesale prices show new and old potatoes at two dollars per hundredweight, unchanged freights for Calbrnigs and new crop are down 25 cents from Thursday. Apricots rise to 20 per four basket crate, lemons scarce up to 10 and 12 cents, fly peaches advance to 87 cents fancy and 80 cents choice, vanthoupes 20 to 40. Old roosters cheaper 1 to 17 cents per pound. No changes in butter poultry provisions groceries dressed beef mill products grains seeds and feeds.
Retail grocers must stop receiving flour once current stocks run out under the Food Administration Price Interpreting Committee in San Antonio. Stocks may be sold with a 50 percent substitute limit. sugar sale is limited to 66 pounds per customer for preserving, with a signed pledge. Retailers must cap margins to reflect cost versus set selling prices and submit pledges for verification. Onions, potatoes, and evaporated milk receive new fair price caps, with specific wholesale and retail ranges listed for White Wax onions, yellow onions, new potatoes, evaporated milk, and American cheese.
Texas and Kansas City market notes show bid prices for slippers roosters hens and turkeys with varied returns. In Chicago on May 24 wholesale quotes list creamery eggs and fowl rates, while Kansas City quotes cover creamery eggs, hens, roosters, and broilers with mixed cents per pound figures.
New York May 24 Pronounced strength shown by leading stocks at the opening of today's market. United States Steel initial offering of 14,000 shares at 110 to 110 1 2, a maximum advance of 1 point. Sumatra Tobacco rose to a new high and Liberty bonds were irregular. Banking and utility shares firm while cables and British premiere outlines attracted interest.
Mixed commodity news from New York and Savannah dated May reports firmer cotton and spirits, with declines in some imports. Turpentine and rosin in Savannah show steady demand, while copper and sugar prices inch higher in New York markets. Government funding pressures and delivery difficulties influence railroad and textile trade late in the period.
Kansas City and St Louis market notes from May 24 show receipts and quotes across hogs cattle and sheep. Hogs bulk at 17.05 to 17.50. cattle mix with steer and cow prices ranging to about 17.40 for prime beef steers and 7.50 to 18.50 for cows and calves. sheep and lambs firm with lambs around 14.00 to 16. Anthony butcher details and regional price spreads appear alongside.
Government and market brief lists grain and hay prices from Fort Worth and Arizona, with No 2 red oats and mixed oats quoted. Includes English money rates and Liverpool trade figures, noting telegraph quotes and contact for market information from the Department of Agriculture offices.
Metal Exchange reports lead strong with spot STL 7.50 in New York. Spelter quiet east 3 stlows spot 702 pit. London quotes copper spot £110 futures £110. Electroly de £125. Lead futures £28 1s. Slc? 50 listed.
Across Fort Worth and Chicago the hog market eased 10 to 15 cents with weaker bids and slow trading. Cattle remained unsettled while demand in the primary market stayed weak to steady. sheep held firm at Fort Worth as the northern market showed strength with modest gains. Receipts included cattle about 304, calves 27, hogs 25, with slight variances noted in other yards.
Dallas Tex May 24 Leonard Dodd and Walter Stevenson were hanged in the county jail yard at noon for abducting a young woman in June 1917. Dodd took poison during services but survived until the sentence was carried out. Stevenson died eight minutes later while Dodd died in twelve. Ernett Vestal received a 21 day respite to allow further sanity investigation.
Texas and Oklahoma troops trained at Camp Bowle have reached the war zone and sit just behind the British first line. The units left Fort Worth over four months ago and now form a small part of the Texas-Oklahoma division. Five thousand new draft men will begin arriving Saturday from Texas counties.
Rain threatens early planting and spurs bearish tone in corn futures in Chicago and Kansas City. Prices moved across futures showing slight gains then declines as outside selling and market factors weighed, with cash corn and various futures quotes reported from Kansas City and St. Louis grain markets.
The Majestic Theater ends its engagement of Odiva and her Northern and Pacific Sea Lions Odive with a water act noted for skill and clarity, visible in the glass tank as the performers execute precise dives and movements. The bill also includes Jette Mayer and diving girls at the Royal, vaudeville acts, and a feature film Neatness and Typoatch.
Eins at the Empire today features Miry Garden in Thals a vivid scenic show with Grecian drapery and dramatic desert acts. Anette Kellermann ends her Grand run with A Daughter of the Gods weaving swimming scenes into a fairy tale setting. Over the Top at the Grand tomorrow stars Lois Meredith and James Morrison with Sergeant Empey’s book adaptation in eight days.
Grace Lusk testified at trial over the slaying charge of Mrs. Mary Newman Roberts in Waukesha. She denied intending to shoot or kill Mrs Roberts, detailing a troubled relationship with Dr. Roberts and a plan to end her own life after confronting him with letters and a pistol. The testimony included remarks from Mrs Roberts and a dramatic cross examination by Walter Germann as the jury heard late yesterday.
Picard-Lieut Jenn A Picard who spoke at Camp Travis has moved to Kelly Field to continue addressing soldiers. A veteran of the Marne battles he was wounded there. Dance at Magnolia Grove 26 May hosted by W O W Halk Boys in uniform welcome. Local ads for Tire Services Jewelry and clothing outlets follow with various offerings. A Kansas City trial notes Red Cross funding and a district attorney delay, plus a Dallas area base ball game and a San Antonio murder and funeral notices.
Elizabeth Doewra aged 52 died at 12 15 Friday at her daughter Jane Doewra's home 515 Montana Street. She born in Kershall Hertfordshire Sagland lived in San Antonio 20 years survived by two sons William Docwra and Sidney Decwra four daughters Eb Reed Emelia Randell Margaret Dobbs Jane Decwra funeral 3 pm Saturday from Jane Doewra home officiated by Rev Lee Heaton interment Mission Burial Park. Santiago Perales Sr aged 93 died at 1304 South Laredo Street Friday morning a native of Mexico resident of Texas seventy years retired from business previously wholesale commission in El Paso survived by sister Erlinda Perales one son and daughter Mrs Guadalupe Montes.
The casualty list reports numerous names including Frederick D. Clair and Lionel B. Rothrock among others, with several listed as died of disease or accident and many wounded. A separate entry notes Louisiana's Legislature defeat of ratification of the Federal Prohibition amendment by 20 to 20 in the Senate after a 70 to 44 House vote earlier, marking Louisiana as the first state yet to fail ratification.
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