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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Oct 29, 1918
Page
10
Notice from Morgan Yatter Co. at 1216 Southwestern Life Bldg Dallas Texas offering to buy Liberty Bonds and all stocks including motor and oil stocks. Addressed by T We Sydnor Fort Worth.
The principal spot cotton markets show renewed selling with prices dipping at opening. Traders saw a downtrend in early trading, followed by a partial rally as the day progressed, with spots closing lower across New Orleans New York Galveston Houston Dallas and San Antonio.
New York cotton futures opened easy on Oct 20 as traders eyed a cooler Southwest and frost risks in Oklahoma and Texas. December fell to 28.38 while January touched 29.00 as early trading showed scattered covering but limited upside amid Wall Street pressure.
The Cotton market started lower with little support as dealing slowed in the first half hour. Prices fell 45 to 65 points from yesterday's close by noon and remained dull through the afternoon. December opened at 28.56 with January 28.40 and March 27.75 amid ongoing selling pressure.
Liverpool reports quiet cotton activity with prices easing across grades. Good middling 23.69d, middling 23.00d, low middling around 22.01d, ordinary near 19.98d. Futures closed mixed with October 22.98d and futures values for November December February listed.
Eggs steady and butter steady with Texas creamery at 62 cents per pound. Turkey and ducks price notes, miscellaneous poultry receipts and potato market unchanged. Chicago reports higher prices for butter and eggs with 6980 receipts and varied grade listings.
A garbled market and weather page lists dry suit extras and various bacon and ham prices, plus scattered city names and weather notes across Texas and neighboring states. It includes wind and cloud conditions, and a note on precipitation below a tenth of an inch. not all entries are clear.
McKomey of Knames touts grain and feed stock including large bulls and mature crops with a stated price of $2 per bushel and predicts price increases. Also advertises Angora stock, Brahman bulls, and mentions detective agencies RW York and CXRA.
The stock market opened with declines ranging from 1 to 64 points led by oils and tobacco shares. Mexican Petroleum showed weakness while United States Steel faced dividend actions after the session. Copper and shipping issues opened strong but did not sustain gains before a partial midday recovery.
Local stock yards report steady overall market with unchanged prices from yesterday. Cattle and hog receipts show moderate gains in some regions, with Chicago and Kansas City markets noting higher hog values while others show smaller increases. Sheep and yb cattle demand remains firm as buyers show robust interest.
Combined classified rates listed per word and per day for Sunday inserts. Minimum charges apply and ads are due by noon the preceding Thursday. Submit with cash to the Classified Advertising Department in San Antonio for placement in the papers.
Livestock and cattle figures from Kansas City and St Louis show receipts and mixed price changes. Hog arrivals around nine thousand with gains up to forty cents, cattle around twenty four thousand with steady to strong tone, prime steer prices near eighteen to nineteen dollars, sheep and lambs mixed with modest rises.
Chicago trading shows corn under pressure amid reports of Austria’s plea text. Prices moved lower with November at 1.23 to 1.234 and December near 1.19 to 1.1946, then rallied briefly before closing unsettled. Canada crop reports add some firmness to oats. hog price moves echoed market weakness as producers push supplies to packers.
Money markets show mercantile paper at 6 percent, 66 day bills around 4.73, bank bills about 4.72 to 4.75, demand rates near 4.75, guilders steadier, government bonds firm with railroad bonds improving, call money strong, ruling rate around 6 percent, loans around 4 percent.
U S Steel announces an extra quarterly dividend of 14 percent on common stock and 23 percent on preferred shares. The firm reports total quarterly earnings of 101,987,347 and a net income of 33,069,502 for the quarter, with a surplus of 1,510. The extra dividend totals 3 percent ending September 30 after deductions from prior disbursements.
Florida oranges are expected to arrive for the San Antonio market Tuesday night or Wednesday with California fruit also easing. Dealers hope Florida supply will stabilize prices, while California boxes drop from record highs. Florida fruit was priced at 7 to 8 dollars per box, now aiming toward normal levels. General Estes, commanding Camp Travis, has returned to duty after attending his father's funeral in Wellington Alabama. Hughes report on inquiry will be released to the public as soon as it reaches President Wilson.
Camp Travis will hold a track and field meet Wednesday at 2 pm at Ryan Field, postponed from Saturday due to rain. It inaugurates a monthly camp athletics series with events such as 100 yard dash and tug of war, plus prizes from the New York Athletics Association and a points banner for the top organization. Chris Christensen leads a potential three to five mile relay against Henry Priest and other competitors from various troops and batteries.
Wholesale prices for fresh country produce listed by region and origin, with items such as onions, tomatoes, garlic, cucumbers, lemons, cranberries, apples, peaches, and peppers. Weather summary reports rising temperatures in the Houston district and heavier rains in Georgia and surrounding areas affecting Cotton Rexgland markets.
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