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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Oct 30, 1918
Page
11
San Antonio sportsmen prepare for the deer season opening next Friday morning. County Clerk Frank Newton has issued a dozen hunting licenses to local hunters planning trips beyond nearby counties. The quail turkey and dove seasons have specific open and close dates, with limits varying by species.
A report from Mrs. J. T. Smith, president of the Federated Women's Clubs, states no board meeting will occur before November 7. The enlarged cafe kitchen under construction at the Community House Café is expected to be ready for inspection then.
Washington reports October output of Liberty motors at 1000 per week and about 2000 fighting supplies shipped to France. U.S. production reaches 2500 planes in five months, including nearly 150 heavy bombers, with rapid growth despite shipping limits and battlefield design constraints.
Ta Placa of Troop J, 14th Cavalry, won a three round bout over Adams of the United States Guards at the Fort Sam Houston YMCA Tuesday night. The card featured exhibition bouts including Taylor of Base Hospital and Tandreau of Troop H, and Kinsey of the Machine Gun group vs Walker of the Guards. An opening ten minute wrestling match saw Irvine of Troop KH, 14th Cavalry, against Kerrin of the Quartermaster's Corps with Irvine the stronger but unable to pin in time.
The principal cotton markets report ongoing bearish sentiment with prices across major centers showing declines. New York and New Orleans close lower, while Liverpool and other exchanges remain weak. daily quotes reflect a broad pullback after an intraday rally.
The New York cotton market opened unevenly with early gains failing to hold as losses spread through December to 28.14 and January to 28.65. Trading cited heavy rains in the eastern belt delaying demand, with Wall Street loan restrictions and rising southern supplies weighing on prices. By midday December hovered near 28.83 and January around 29.00, as traders awaited further news and tried to gauge prospects for a possible rebound.
New Orleans cotton opened with extreme rain in the eastern belt and frost fears in the northwest, lifting the market 314 to 3$ points in the first half hour. Heavy selling for short accounts followed, and by noon the market was down from yesterday's close. Afternoon pressure persisted as the session wore on.
New Orleans cotton futures opened steady with prices showing declines for several contracts. December 28.40, January 27.85, March 27.56, May 27.44, and July 28.00 were recorded with various intraday highs and lows as the market tracked price movements in futures trading.
Liverpool spot cotton remains in fair demand withPrices for good middling at 28.34d and middling 22.724d. Recelpta total 13,000 bales including 12,800 American, with 2,000 bales sold. Futures closed quiet with October 22.26d and January 20.26d among others.
A telegram from Cetinje via Laibach says a rebellion with guerrilla warfare has erupted in Montenegro. Austro Hungarian troops evacuate the country as Albanian Montenegrin garrison troops join the revolutionaries. A Montenegrin committee advances on Cetinje, reportedly capturing an Austrian battalion at Andrejevica, with heavy casualties.
Paris reports the Czecho-Slovak Council of State designates Pressburg as capital of Slavonia and renames it Wilsonstadt in honor of President Wilson. The city sits on the Danube near the Carpathians. historic coronations occurred at St Martin cathedral.
Chicago notes show fresh declines in value and scattered selling across grain futures on Oct 30. Prices opened lower with oats and corn pressured by new anti Austrian notes, while buyers were scarce and only shorts offered support as provisions and hogs also fell.
The San Antonio Public Service Company seeks permission to raise gas and electric rates with a 10 am Thursday hearing in the city hall council chamber. Mayor Bell and commissioners will welcome Prince Axel of Denmark before the session. The panel will then reconsider street car rate increases after the gas and electric matter. Willard to box in Texas for United War Work Campaign with opponent chosen by Texas committee.
New York stocks opened heavy as U S Steel cuts its extra dividend to 2 percent triggering further short selling and liquidation. Mexican Petroleum plunges while rails show steadiness and shipping strengthens amid lower bank loans and bond prices.
Market notes from Chicago and New York show butter unsettled with creamery at 52c per pound, eggs around 52½c, potatoes easing to 1.80 to 1.99 per 50 pounds, and poultry demand steady with fowls 22 to 26c, springs 24c, and turkeys 26 to 28c. Currency and bond quotes edge, mercantile paper at 1 percent, time loans firm, call money strong.
The Fourth Court of Civil Appeals handed down seven decisions on Wednesday. Cases affirmed include Mission Auto Co. vs Garza Adalpe from Bexar and Nueces Fulley Irrigation Co. vs R. B. Moward from Dinmit. City of San Antonio v Noa Spears from Bexar affirmed in part reversed and rendered. Army Bank of Fort Sam Houston v Sunset Woot Co. from Bexar reversed and remanded with instructions. Motions considered included Wagner & Sons vs Harris granted and Richardson vs Uarless overruled. Beaversbrook operation reported in London with Dutch condition described as unsatisfactory.
Union Stock Yards reports steady hog demand with best hogs $16 to $17 and cattle prices climbing including beef calves and cows. Fort Worth and Chicago markets show mixed shifts with hogs down on northern exchanges and cattle holding firm or advancing.
St Louis Missouri October 30 reports hog receipts around 12 000 with weaker markets led by lights and mixed beef. Cattle receipts total 25 000 including 200 southern cattle with prices ranging near 13 40 to 19 40 for prime steers and 6 00 to 7 11 for cows. Sheep receipts near 7 000 with lambs around 12 00 to 16 35 and ewes about 8 60 to 10 00.
Florina oranges arrive at $7 to $8 a box while California oranges drop from $14 to $2. The market remains well stocked with green wax beans squash mustards greens and other vegetables. Government buys fresh produce for camp meals saving other goods for France. Poultry and eggs demand stays strong with steady prices. Colorado potatoes rise as wing tins prompt growers to store crops, increasing costs. Fish shortages persist with fluctuating prices.
Local quotations show dry salt bacon and breakfast bacon prices with weight ranges from 14 to 18 pounds and 14 to 16 pounds. Sterling fancy breakfast bacon and American cheese with margarine prices are listed, including salt and refined product grades.
The report lists mercantile paper and bank acceptances with rates for 60 and 90 days, along with demand and time bills. It notes sterling, guilders, and Mexican bonds, plus government securities and closing bids, highlighting liquidity and credit signals.
A brief market note covers metal trading activity in New York with limited price moves and steady demand. Analysts cite cautious sentiment ahead of the week’s data releases while producers maintain steady output levels.
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