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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Nov 29, 1918
Page
17
Chicago Nov 20 Decided strong market in corn today amid signs of a holiday policy by farmers and hopeful relief plans for European food shortages. Oats rose on seaboard demand and firm packer buying. Prices showed gains late session with December near 1.28 and January around 1.29, receipts scarce and distillery news influencing sentiment.
Market notes list dry salt, bacon, pork bellies, and ham prices with weights and quotes near one Friday. Highlights include fancy breakfast bacon at 54c, sliced bacon 67c, bacon bellies 14-26 pounds at 37c, pure sardines 29c, American cheese 33c, oleomargarine low grade 30c per pound and medium 34c, fancy 37c. Other garbled lines reference lawyers and unrelated remarks.
A sweep of late season games shows teams such as Georgia Tech defeating Auburn 41 0 in Atlanta and California routing California 67 in Berkeley. Other results include Nebraska 0 Notre Dame 0 in Lincoln and Army teams posting scores against Navy 14 at Hot Springs Arkansas as well as Texas A and M Infantry’s ugh.
Remount No 2 trains under Lieutenant Schmidt to mount a strong basketball campaign with Sergeant Parker from Chicago at center. Shifty Hamilton from Amherst stars at guard with Dewey Jordan from Washington State Normal and Hennie Hennemuth of Pittsburgh contesting left guard. Bench players include Jehey Barnes and Sergeant Hello Warner of Clark University as Captain Scully pledges full support.
Spot prices in major cotton markets show a downward tendency with declines of 6 to 10 points from Wednesday figures. New Orleans and New York opened unchanged to modest gains but the day ended with a general downgrade across markets. Texas spots remained steady despite earlier softness in the South.
In New Orleans on Nov 20 cotton opened steady then traded choppily, advancing early by 3 to 13 points before eroding. By late morning prices ranged from gains of 24 to 83 points to declines, with notable activity in December and other months showing mixed moves around 26 to 27 cents.
The New York cotton market opened steady on firm Liverpool sentiment and southern spot activity, with prices slipping after the initial call. January eased from 27.65 to 27.10 and March from 26.62 to 26.30 as selling and light covering dominated the session, before a brief rally and further liquidation pushed prices to new intraday lows.
In New York on November 29 Cotton futures opened with December at 28.00 and January through July trading range. Reports note slight rallies but overall activity remained light as export demand showed a reported uptick in the South, with Washington dispatches warning of large ocean tonnage offerings potentially arising overnight.
Liverpool spot cotton held steady with Good Middling at 22.37d and Middling 21.74d. Sales totaled 1,008 bales, including 900 American, receipts 29,000 bales with 2,400 American. Futures closed barely steady with December 19.91d, January 16.80d, February 15.00d, March 17.87d. Also reported are weekly statistics: total forwarded to mills 66,000 bales, American 56,000. stock 298,009 with American 749,000. imports 217,100. exports none.
Port statistics show cotton receipts at multiple ports including Galveston New Orleans Savannah Charleston Wilmington Norfolk Baltimore Med Texas City and broader totals. Figures list 0.8 and 2D THG and 1,008 units across listed hubs.
A dated price bulletin lists wholesale rates for fresh vegetables fruits and dried goods. California onions $3.00 per sack white onions $2.25 to $2.78 yellow onions, pumpkins yams and cabbage prices per hundredweight and hamper. Beans pears lemons oranges grapefruits apples and bananas with varied crate and box pricing. Coffee tea sugar rice canned goods dried beans and lentils prices noted for multiple brands and packaging sizes.
The Federal Food Administration announces sugar allowances starting December 2, four pounds per person monthly, with dealers to sign purchases and report to the local office. Hoover urges economy to preserve food for distribution to Europeans. revised retail price list for sugar, flour, oats, potatoes, butter, bread and other staples published with cash and credit pricing.
Produce quotations from Kansas City and Chicago list eggs butter potatoes and poultry. Prices shown include eggs at 5e for candied Texa s counts and butter higher with creamery grades. with poultry prices for fowls springs and turkeys noted. Receipts and market changes are described for several items amid varied regional listings.
Union Stock Yards San Antonio reports stronger demand with cattle prices steady and hogs higher, best $17.50. Chicago and Kansas City hogs mixed, cattle at Kansas City firm, St Louis soft. Fort Worth and Kansas City receipts listed. market data across multiple cities includes beef, hogs, sheep, and calves with varied price ranges.
New York November 29 reports traders at the opening remain bearish amid holiday offerings. U.S. Steel leads losses with dividends cut to 21 percent and trading around 94.38, oils and related issues fall one to three points, while transcontinentals edge up and some rails gain. Liberty bonds show varied prices as rates and mercantile paper indicate overall tight money conditions.
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