The San Antonio Light (San Antonio, Tex.), Vol. 38, No. 116, Ed. 1 Wednesday, May 15, 1918 Page: 10 of 14
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10
WEDNESDAY
COTTON TRADE SEES
GOOD CROP; WEEKLY
REPORT IS BEARISH
Future Prices Close 25 to
79 Points Net
Lower.
»rur cunoN r hicks.
Tb» foiinw’og quotatiOM from th*
principal >pot cotton mnrnrtp ar* Car
niahco dall> at a haat« for the buiDh
and eeilina of cotton »r> th* coun’rr
The middling grud* la quoted and. un-
other*!»• tpedflced. the pile* ••
fur cotton delivered at th* marhete
Qunt.i: tone MM
Fan Antonio • - v ' • • • •
daiir*
Houston • J 1 ’
Gahcaton
^rw Y<»rk ’’’A i
Nee <»rl« ana . . . • ^ w ’
Liverpool 2—’
COTTON EXCHANGE. MnV 15 -
often tra-h t’day pi< ?pc<t> < f a ZO‘*»t
nr* < run "Ith thia 'lev atimul ib •! O
vfficikl crop repent for tho w • v inu ; r. ■
t romr..t» IvH - to tv V »■’» 11't.
«lU. to » "S a !■«>• 11 • '•
the unie in the nmtn from piotn•
laktnc of ”tl' .11-n .IV Mu «' r '
drnu n troth of no .!■ . Id. d T ' ?
«... th. natural or »..■u- n. • <1 tf " '
chit*. * hh h oft-n amuunud to a» nw
an Ju points in lhre« «t four .'a. *
\e* on mumd for th« muv-ment «
rent I t j m the l.^t ininutr vt tiadmg
nl*? b»l*'und< r «l < hIKh pul
rirar th. end ol iMt "eek A» th- —;**
.on e lin.il n.u..> dra« n...r ‘"• ker. ey
to act n. ow OV. r MW t •' '‘ r -
thi long nidi. Many lia.e rut on i .v I .
‘ah r.u. in th u. rl L" da'r.
n..11l mI.» > .r.l.d et.-idy "I •
x.a J ork price. I to » imint I» ' '
•hr a 1.. Ilrl II « ' *•’>» r or
.nd «e kl> report . . u> I i de ■ •
u ar!<.l f ■> 5 poinie dunnir u •
fir-1 lui f <t it"' no mind in th. nirtn.ln
mark* t Nt 1 ean. lo* SS to 4i> pot
ln ti. tint half h. rr of
Kalll.c ol '■■' to IS P"H;I - <> "" t' '
men. rr.'d to I r I>.K mria-d o a
n l th -t -it r I Hat gold 7" to 77 points
d"'.n in S- ' " I*l ore I. on. ».ul< Sr»
Orlrnne at 1. vUo.k stood • " to .a n.t
'“"in '.h rarly part ot th. aft moon Ihir.
a b<ti-1 marki t with buying idthtr
tn.nsh- on th- tlips It was eai.l trad-•
people «<r. Whins option.. In the a.t
hour however th bull wemed to lo.'
heart October N-w urkans took a p i-
p.n.lnular drop of ..hour J'l point within
111. tart few mltSutoK
Cio.ing fura-.’ w.ro :.. to_ o« r'' ll ”’
low.r in N< w York and ol to a down in
N. w Orleans.
IJvcn-t—i spots w < r- dull at unchanged
price* yn-l futures tins- <1 irregular thtn
San \ntonlo spots were cents
i nominal?
NEW YORK COTTON
NEW YORK. May 13 —The cotton mnt-
kei showed the hie of ia\oia 1
u nthor and : .n-giouing conditions
todav Trading was v v r> uuut at tL.
start but that prhvs vtte 3 to C point”
.owcr and ottering* increased att<r tn**
call with July selling off t<» .u anu
October tu -4 38. or 33 to «'J points m«
b>wr* in tlie ca* of July “'nuaets ttu^
made a decline of over Mo P<r bu s fro n
the high level of last t riday and the
was enough cov<: ing tu < ta des
to 15 points toward tho middle of thv
The weekly n port of the weather bureau
■t.Unc that wrath i rond.lluns for the
l»t week had been the nio.t favorable
for the seanon wan followed by anolhr r
rush of selling ami a forth r sharp break
In prices. July declined to Jt.st'c and Oc-
tober to :t.owe. or 70 to 7. points below
last night's closing. Covering caused later
rallies of 23 or 3” points and the volume
of business subsided but the tone was
nervous ow ing to the b« arish view of crop
prospects and end-season statistics.
There seemed to be n.u»“ buying arounu
the 24-c<nt level for October which wn>
attributed partly to ttade account un i
prices ruled steadier during th
spot markets July rarrted to
Jctoher to 1133 . vr about oO to 3. points
from the gowcsi
Cotton closed aterdy.
NEW YORK 1 I Tl RES.
NEW YORK. May 17. —Cotinn fuiurrs
epened steady. First pr" . r May. non. ;
July. J 5 I7c; October. J..7JC; December
soar; January none.
Futures closed Wednesday 25 to aS points
High. l.ow. Close. Tu-U
May " -7"" -j -' -Y'* 1
July -5 5.. Jf.SO J-.;"
Oct -175 -I."" -I 2. ..
Dec Ji.kti - ;.5*J 24.1 v 24.6 b
NEW ORLEANS COTTON
NEW ORLEANS. Muy 1' Improve-
ment in w»ath-r conditions over the belt
caused selling around the opening of th-
cotton mark- t today and by the < nd of
n- first li ilf hout of th* s< ssi< n ; x - -
were "> to 4u points *-ff Th« tone uf tl*<
mark-t was steady at the d-cline
The weekly wcath-r and crop returns
from the government were letter th.m
upivted and increase*! the pressure
against th- mark- t. In the tr.t'ling up to
noon prices f- 11 to a lev- I 70 to 76 points
under th< ;*st quotations of yesterday.
Profit taking on short contracts be-.am'
a factor and • au>*d a partial recovery. At
1 o'cln. k the mark* t stood at a net de-
cline of 46 to 33 points
NEU ORI.EWS I I TERES
NEW ORLEANS. La . May 13—Cnttor
op» n- d suadj • >p» ning bid:
J.Tb" Jul:. 1-4.73 asked; October ?.^.64
lieeember $.3 43. January $23.30
Futures closed Wednesday 31 to 73 points
lower.
High. Low. Close. Tues
M;-v J'.. 7-> '.•'...Ti 23 06 23.5 T
July -'4x . 2'v.U 25.14 2 4 V
C»< • 23.7 4 22.9'i 23.00 2 '.7J
LIVERPOOL COTTON
LIVERPOOI May I’ —Sp-t ...-ton
dull. pm»* nr.*.hang'-1. Gc. d nid lilnc
52.23 d: n..'ldling. 2! 7”d' io« middling
21.15 d. good vidii-ary 2 A l''*l. "idinar.
19.6 Cd.
Sales. ' nr-n bales including l. ' i Amer
Receipts. • b.'l*s. no Amcii’an
Futures closed ouiet New contra*ds
May 22 6hd; .Lm- 2120<1. July 2 31d
August. lO.t'.d; S- pten be! 1? 52*1
Old contra-'ts < fixed contracts 1 : Mav
20.4'd; .May-Jun-. .0.37 d. Junc-Julj
$O.2Sd
COTTON STATISTICS
REC EIPTS AT V. S. PORTS.
Ba'e
Galveston. Tex 33
Houston. Tex 1.65
New Orleans La 4.31
Mobile. Ala v
Savannah. Ga n
Charleston. S. C.. 4 .
Norfolk Ya ?
Total 6H
V. S. DEPARTMENT Ol AGRKTETI RI
WEATHER BILLETIN'.
Observations taken at 7 a m. Wcdnei
3a. . May 15 IMS
Dir. and Rain- Sta
veL wind. Tern. fall. Wth
Abilene. T*x. S c t .69 Clear
Amarillo Tex S 14 I .no PtcT*
Atlanta. Ga. E . 6j .-io < ] u r'
Birmingham NE t । .no Clear
Brownsville NE »>R n.> ptClc
Chicago SE .. 66 .t-o ‘Tear
Corpus <' hriatl N *a .on ciou*
Dallas. Tex. SE co po (Tear
Del Rio. Tex. SE » 2 j'O Clear
Galveston Tex. NE . . 65 no ptci<
Houston. Tex. N 6.’ .O i Clear
Jacksonville SE in 70 2'.8 Clear
Kansas City S in < 2 .O i c . ar
New Orleans NE 6g cleat
•New York N . . 5R .M (’hat
Oklahoma City S 14 60 .00 cleat
Faleatine. Tex. E 60 .on cieai
Rt. Louis SE 14 *S .00 ptch
SAN ANTONIO SE . . 58 .On PtC|
Tampa. Fla. NE 70 o<» PtCb
Taylor. Tex. E .. 36 .no (Tcai
Washington N 36 .t*o Chai
Note—Wind velocities less than ten ml'
an hour and amounts of precipitation H
Okan .01 of an inch are not published
ALLEN BUELL Meteorologic
IN THE LOCAL MARKETS
Tiudinx was active in wholesale frckh
fiulfk and Mgetabka U < dueauu>
liht" shu* «Ue following changes a'
comptictl with i'u* Uday ;
Mt %t<an tuinatuge went up tu |3 .5 a
U New potatoes are unchanged tu lower at
11 a bu»hel
Nv. 1 14-rmuda cnloi.e went up whip-
te-id down. QUt-ialiuiia on th< furmc*
tll »i 75 a ciate at d ou tho latter
|j a crale
Wax uiii-*n» who a nn adcanie of •• ccnt»
at >..UVn3-25 D<r » lute
i'aitie? is quuted In cents dearer at k 1
icnte a doz-n l um ho
swett b • PP* 1 «t >2 50 a four-baakc t
kFatc- ie o me net lower.
Tcxa> lounu g < - n Kans went up tu
$2 .1 i-uihei humptr
li.nchl -1 nts »cii cheaper at 12.50 a ciate
of 24 pints
1 lums ctkvd 50 cents an apple bvx—
Huw quull-l at $3
. from $1 75 to
$! a fuui-bask t irate.
Ftolt them.!* at |3.iu a ten-pound lox
.tv 1 iic.il lower
lu M-xican prouuets. hot green chili
। ■ pper nas c.e.lined to 2741(*»0 cent* a
I p« end.
v • .. prices vf the follow Ing com -
uno lrua * i* w no chungts hci< Egg*.
b<:t .. poultry provisions groceries mill
ptvducG. gtain^. seeds and htdi».
SHIPPERS MARKETS
b AN ANTON IO rKODHE.
Jobbers prices Wtdnesday to the retailer
or । i.d shippers-. k»* cummlssiotn
I g»s steady. Texas country candled 34
t/34i.
Butter steady. Texas creamery 43j45c
per pound e ^untrj 2 5 J 35c.
l’i ultrj stead-• liens. 25C*Cc: old
roesteis iSd-vu. la’»e springs sv<r3se.
medium. $3 4 35e; small. 35 1 4"c. tuiko*.
-7< pouill ducks. s7.uu^fc.uo dozen
geese jIV.VU.N2.Vv.
CHICAGO PRODUCE.
■ HICAGO. 111 . May 13 —Quotations to-1
da> wire as follows.
Huttet 1 'n 1 m« 13. 35 j i- ’■
Eggs R'■ • ipts. 3J.3.V cases Firsts. 32 1
4 c; ordinary firsts. >'b ail
mark cas-» inriudt-d. 31^32c
Potatoes luw R pts I cars Wls-I
Michigan and Minn-sota bulk I 25 I
1.1 • do. sai ks. H I.- -i 1 I
rou'trj. Fowls. -7' 3 -. |
KANSAS CHA PRODICE.
KANSAS CITY. M-. May 13.—Quota-
tli nn tcda> were ns follows.
Hutter: Creamery COlgc. firsts 39’ic; |
n ond 2‘c; packing lie.
Poultry: Mens. ;3< . roosters 17e; broil-I
ers 45c.
Lags: Firsts ?lc.
Potato s old >1 11 u 1 . new $2 30 a
hundred w e 1 g ht.
PROVISION MARKETS
SAN ANTONIO PROVISIONS.
Local packing house quotations to dcal-
Wednesday:
Drv salt extras 26c: bacon extras 28*40.
dr> salt bullies. 14-16-pound average x»v;
fane? breakfast bacon 47 -c; fancy hams.
3.- . bacon bellies. l*-16-pound average 32c.
I’ui ■ lard 27 : c; ci^ipound 23%
Ami n ar che< se. 3 8<
O|<-nmargarinc: Low grade. 23c pound
m Hum 2' : .c fan l v 31c
CHICAGO PROVISIONS.
CHI I AGO. May 13. —Quotations;
Pork: Open High Low Close.
May 42.60 F 2.6«» 42.3'. 42.33
July J- S 3 4 42 42 *3 43.15
Lard
May 24 30 24.75 24^ 2467
July .24 40 . 1 • 2 4.91*
Sept 2 4 7<» . 37 24.7 u 25.20
Ri»s
May 22.R0
July 23.10 23 50 23 10 .1.30
S‘p.V 23.70 24.00 23.62 23.50
FEED AS OFFERED
THROUGH BUREAU
Price* of grain and hay off-red for sale
through tiie marketing bureau of the Ag-
ricultural Department at Foil Worth were
as follows Tuesday:
1 ruin tort Worth.
No. 3 mixed corn shilled in bulk.sl3l
No. :: white corn in bulk $1.83
.No. 2 white corn $1.90
No. 2 red oats $ 91
No. 3 white oats bulk $ .91
No. 2 mlxtd oats $ .89
Corn chops hundredweight 3.40
trom Arizona.
Choice No. 1 alfalfa $29.50
I ruin Kamui-' < lty.
Standard alfalfa $27.30
All qu* tatiGns are asked prices and are
furnish--! by telegrrph to W. G. Hand
awsistant district representative for the
Department of Agriculture in the Fed-
erm Building at San Antonio. During the
present feed shortage the government has
1 taken up the work of furnishing market
information to ihe owners of nerds and
buyers mav yet in communleaVon with
either the Fort Worth or the San Antonio
office to rccu.u the names of the
sellers.
NEW YORK DRY GOODS.
NEW YORK. Ma v 13—Cotton goods
h* re Tur« Jay wer-- steady and export de-
mand full but goods very s-arc •. Yarns
w tv eteadv. Mm's wear mills discontin-
ued all fancy product*. Silks were quiet.
COTTON REGION BILLETIN'.
—T> mr — Rain- ^tate of
Max. Mtn tail Weather.
Abii ne 86 6*i .00 clear
l.mwnsvl b- ^1 GJ .00 (Toudv
• nn.us Chrimt . 7 18 .00 dou-lv
Gnlxeston 76 t.s .02 PtCldv
SAN ANTOMG . 8 2 .'B .• 0 PtCldy
Ali^' vi i 2 .o«i clear
Dilley . . *• 1.6 o-i Cloudy
J aifurrius 84 .'6 .00 Clear’
Hondo R* .j n. Clear
Uvalde 8k .-.i .00 PtCldy
J.bixille 1 '*o clear
l ienhnm >. .'6 oa • iear
Biownwood 84 30 .-m Clear
•‘uero 8. .(-1 PtCldy
H . • !l f.G 66 .no Clear
H-nnetta 90 -8 dear
Huntsville >•» .•) । clear
Keirvllle Sv ti .no char
Lampasas >4 vn clear
1 ■ mg 82 «o Cloudy
Paris 86 5* .o* Clear
Quanah R •• 00 dear
s6 51 .m dear
I-dlinccr • clear
idirmdon .*>o dear
•--rshana .*m dear
Longview n.» dear
M"unt Pleasant Char
Natcgdo* hes (ci i Tear
It r- ' 00 Clear
Sherman '-o 1 Tear
Austin 60 Pt* Id’.
Columbus «>0 PtCldy
Dublin on Clear
Eastland Clear
Greenvlllo no Char
Koppcrl on dear
Llano "ft Clear
Lone Lake uu clear
M'Ja 00 dear
Snvd< r on Clear
Temple *"t dear
Valiev Jun'ticn 00 Char
Waxahachie no clear
Weatherford 00 Char
'
j । Summary f<»r the ( otton Region State*.
Se.iHona! temperatur** pr<\aiis over the
; cotton ngion. exv p- that the day timp* r-
' nturcs ar<- somewhat below- m.rmal in the
eastern section and in Southern Texas.
' Moderate to h- a\ _. precipitation oceurr-*J
* In Northern Florida. Southeastern Georgia
and in the eastern orations of th< Caro-
. iinas. H.avv rains: South Carolina. Flor-
ida 1.11 Inches; S’. Matthews. 1 I'l. Ycm-
■asoo 1 O'. Blackville. 1.50. Georgia: Al-
- npaha. L3O. Florida: Tallahassee. 1.34
Summary of weather and crop conditions
e for ti e w-ek ending May 14. 19D:
r Washington. D. C. May 14. 1218.
High temperatures. generally light tc
v moderate rainfall and moderate to ample
> eurcliinc produce.) the most favorable we»-k
of th** season for cotton. Germination and
y growth are favored and later planting an«l
cultivation progressed. Marked improve-
y m^nts r* ported from nearlv al! sections.
The weather wj s also favorable for fruits
corn nr adow s. pastures truck sugar cant
lv nnd giains. ! ■ nrhes are ripening in Geor.
gia. Truck crops are being marketec
f 1 <-' Iy.
ALLEN BUELL.
M Uorologlst Weather Bureau.
NEW YORK COFFEE.
|v NEW YORK May U— Rio No. 7. R\c
lv J-'Hurc'j steady. July. 5.30» ; October
Quite an Art.
Th’ r-'« r-?dy quite an art. you know
es> In 1 I.aging up the young—-
ss We teach the baby first to talk
And th- n to hold his tongue.
—Boston Transcript.
EXPLANATORY NOTER
(Mentlooi taken st • a ob_. esesnty flflb m*
rldlan ume. AD pt ewars reduced to
Jwum (contlnuoua Unse' p<m ihroufb doldib
©f equal air pressure itomuni (dotted lltw
pMtlbJOUgb pot uta of equal tempers tors..
< O clear; w rtnir clndy; • clo«4>I
® ■ reJn:* ® «now: ® r.t»n mI«M
*rro-» i. Kith u>. -I»a m (.<« IM*
taut mw>'i pr^ipluaoo of 01 ice' o. i
■w r-M M w«o laird nxilaui »i*4 Miaa
HOG VALUES CONTINUE
ON DOWN MOVEMENT
IN NORTHERN MARKET
Fort Worth Prices 15 to 25
Cents Lower—Cattie and
Sheep Steady.
IN OTHER MARKETS.
Cattle. Hogs. Sheep.
F°rt Worth 3.000 2.‘»‘»o l(»0o
Chicago 3.00 u 2.UW 6two
Kansas Citv . ...B.OUO 18000 5000
St. Luuls 3000 3500 10.000
UNION STOCK YARDS. May 15.—Hog
value s Wednesday continued on the down-
ward movement in northern markets. Fort
Worth prices at losses uf 13 to 23 points
r> fle« ted the g-n-ral rituatlon in the north.
Quotations at tho leading markets ranged
from lo to 25c lower with trading dull In
the primary trade cent- r. Cattle and
sheep were quoted steady with demand
fur the form* r strengthening at points fur-
ther north than Fort Worth.
Demand was fully as strong here as it
has beeiß for th- past few davs Traders
are still receiving much less than th< y can
sill and look for a strong market in the
near future wjtn short lines being broad-
en'd each day. prices were about un-
cltanged from yestc;day on bolh cattle and
hogs. Receipts here weic: cattle 240.
calve« 150. horses 4; hogs. 147. Of these
the following were for the city trade; Cat-
tle 100 calves 150; hogs. 49.
FORT MORTH LIVESTOCK.
FORT WORTH. T<x.. May 15.—Cattle:
’ R- e« ipts. ::o*»O; steady. Beeves 19.000
16.*'0: sto'k'-rs $8.00^12.73; heifers. S9.OU
<0 15.50; cows $6.50^1100; bulls JS.UOty
10.(»0j calves s7.3ofr 12 00.
Hogs: Receipts 2000; 13 to 25c down.
Heavy $17.2.*-<b 17.35; light. $ 17.00 Q 17.25 .
f
18.75 common $16001/16.50; pigs s9.so£j/
16.r»0.
Sheep: Receipts. 1000; steady. Lambs
$17.0*» t lf*."»-«: yearlings sl6.oo^l7.oft*
• ■ • : :-.<!■ " 1 50: ewes. $13.00 ; 11 50;
culls. ?9.00@11-00; goats. $7 50^9.50.
We do not speculate or divide
commissions with anyone. Nor do
we borrow or lend. The only com-
mission house of this kind in busi-
ness at Fort Worth Stock Yards.
Cleo. R. Barse L. S. Com. Co.—
(A«v.)
CHICAGO LIVESTOCK.
CHICAGO. 111 Mav 15—Hogs: Ro-
Market dull. 10 to
13 cents lower Bulk. >17.251/17.55; light
M7.1-T 17.*0; mixed $17.0511 17 60; h-avy
16.10 1 17.40 ; rough sl6.luir 16.50; pigs.
17.1".
’attic: Receipts. BOftO head. Market
firm Nativ" steers $10.15'3 17.70; stock-
Pa and Ma
THE SAN ANTONIO LIGHT.
WEATHEB BUREAU
U. S. Department of Agriculture
Fan Antonio and vicinity: Tonight fair
slightly wanner; Thursday partly cloudy.
Ea*t Toxa*. Tonight generally fair
slightlv varm r in southwest portion;
1
prs and feeders $9.00©12.85: cows and
heifers. $6 9u<j 14.23 calves. BSUI4
Sheip: Receipts GuOb head. Market
stead}. Fhup >12.00© 16.15. iambs. $14.76
2') UV.
■
KANSAS CITY LIVESTOCK.
KANSAS CITY. Mo. May 15.—Hogs: Re-
c-ipts 18000; 10 tu 15c lower. Bulk
$17.1u >/|1 <.uu. heavj. >17.00©>17.20; light
^l. .L- d $17.35. pigs > 16.50©01L50.
Cattie: Receipts s.OOU strong. Prime
fed steers. >l7.uoi# »17.60: drese-d beef
►tiers. >1 J.ou© >16.73; buuthetn steers
> 1 l.ou 1/>15.00 cowe >*.l3'4 $14.30 heH-
ers >U.uofu >15.0u; stockers >9.oo'u >15.3U;
calves >9.uo'u >1275.
Sheep: Receipts 5000; steady. Lambs.
$l5 30 u $19.25 yearlings. > 14.U0'y > 17.u0 ;
u-thers sl3.uo'y $1u.50. ewes >ll.oo^
$15.75. stOckcrs $6.30U >17.U0.
ST. LOUS LIVESTOCK.
ST. LOUM. Mo. May 15—Hogs: Re-
icipts 1350 u head. Market 20 to 25 cents
lower. Lights $17.40(j 17.60; pig». >16.20
<117.25; mixed and butchers. sl7.lU'*( 17.5 u;
good heavy $17.10(^17.23; bulk >17.10U
17.50.
Cattlo: Receipts. 3«00 head. Markit
steady tu strong. Native beef steers. *ll.^o
•I 17.60 yearling steers and hellers $9 ®o
"i 15.60; cows. >7.50^12.50; Stockers and
fe*«l<is. ss.sufg 12.00; fair to prime Soutiß-
ern beef steers $1 »15.50; beef cows
and heifers’ >6.00^ 13 50; Southern year-
ling steres and heifers s7.sufc 10.00; na-
live calves. $7.753116.5u.
Sheep; Receipts. 10.0U0 head. Market
steady. Lambs $15.00 *i 16.50: ewes >l6^
17; w thers $16.60^17.00; canners and
choppers. $6.50 ^9.5v.
LOC AL DRESSED BEEF.
Wholesale quotations per pound t c
butchers h-re Wednesday;
No. 1 Texas steers 22c.
No. 1 Texas cows 20c.
Common Texas cows 19c
Quotations are on the whole carcase.
ST. LOVIS ( ASH GRAIN.
ST. LOUIS May 15.—Quotations were as
follows today;
Corn lower. No. 2 11.62Q163: No. 2
white $1.79^1.81.
Oats steady. No. 2. 74’je; No. 3 white
77 'a 7Sc.
TERPENTINE AND ROSIN’.
SAVANNAH Ga. May 15.—
Turpentine; Firm; 45^c Tuesday. Sales
152; receipts 227. shipments none stock
23.640.
Rosin: Firm. Sales 548: receipts 1375;
shipments none: stock 97185.
Quotations: B >6.50^6.60; D E. F. H.
$6.50; G. H. T. K. >6.65: M $6.60'56.86;
N 87.00 W. G.. >7.20; W. W $735.
NEW ORLEANS RICE.
NEW ORLEANS a . Mav 15.—Rough and
clean rice strong; no sales.
Receipt*: Clean 17944 pockets.
Quotations: Blue Rose SV-QX; others
unchanged.
NEW YORK SUGAR.
NEW YORK. Mav 15.—Raw sugar
st^adi . centrifugal 6 005 c fin* granulat-
ed 7.45 c.
• •
Precipitation Tuesday none: normal f«r
the day. 11 of an In* h. dailv deficiency.
11 of nn inch; total precipitation since
January 1. l n 43 Inches excess since Jan-
uary 1 1.05 inches.
CORN PRICES RECOVER
FROM EARLY SETBACK
WITH RECEIPTS SCANT
Rumors of Big Government
Contracts Bring Rally in
Provisions.
CHICAGO May 15.—Favorable weather
for planting led to decided setbacks today
in the value of corn. Reports suggesting
that a reduction would be shown in the
seeded acreage of principal states failed
to act as an offset Opening prices which
ranged from ’> to 1 cents lower with
Mav at $1.27 a 4 and July $1 4 2‘» to >1.42
were followed by a material further de-
cline.
Scantiness of rec*lpts tended latir to
rallv the market. Prices closed unsettled.
May |1.27 a * and July $1.43’ ? . with the
finish as a whole Lc off tu a like advance
compared .vlth 2 4 hours before.
Oats sympathized with the weakness of
corn. After opening unchanged to ’»
cents lower the market continued to re-
cede.
Government orders restricting retail
prices kept provisions sharply on the
down grade.
Gossip that the government would allot
Important contracts this afternoon led
subsequently to advances in lard.
CHICAGO GRAIN FUTURES.
CHICAGO. May 15.—Quotations:
Corn: Open. High. Low. Close.
Mav 1 27*4 1.27\ 1.27% 127%
Juno 1.42 1.42% 1.42 1.42%
July 1.42’s 144 1.41% 1.42%
Oats:’
May 7 4 • .75% .7 4 .75%
June 71 .72% 71 .72%
July- 65% 66% .65% .66%
CHICAGO CASH GRAIN.
CHICAGO. 111 May 15.—Corn: No. it
yellow nominal.
Oats: Standard. 77%'071c. •
Rye: No. 2. $2.
Barley. $1.25h 145.
KANSAS CITY CASH GRAIN’.
KANSAS CITY. Mo.. Mav 15.—Com
steady: No. 2 mixed. $ 1.63'a 1.66. white
$1.69'0174: No. ? yellow. $1.G3^1.66.
Oats unchanged: No. 2 white 78c; No.
2 mixed. 77</’77%c.
Rye. s2.onjf2 05.
Kafir and mllo maize $2.85^2.95.
KANSAS CITY FUTURES.
KANSAS CITY. May 15.—Grain futures
closed today as follows:
<’orn: May. $1.27%; July $1.48%.
Oats: May. 77%<^bld; July 67%c asked.
“How did Hodgson get his reputation as
an authority on finance?” “By never
talking for publication.”—Life.
By Powers
| RAILROAD SHARES ARE
AGAIN FEATURES IN
GOOD STOCK MARKET
Several Leaders Add to Re-
cent Gains-Varied Issues
1 to 3 Points Up.
NEW YORK May 15.—Railroad shares
were again the foremost Natures at the
st lung opening of toda> s stock market in
several noteworthy inatancis supplement-
ing >« stirday • gams oecundary
eluding Erbe £>uck Island New Hawn
Missouri Pacific Kansas City Southern snu
Wabash alsu dwolopcd further strength.
I nited stat- s Steel gained only a fraction
t'Ul Bethlehem Uruciblu and Mldvab
stivls alsu Baldwin Luvomutivc Butte and
Superior cuppeis. Westinghouse and Ameri.
can bugar rangid irom 1 tu 3 points
higher. Liberty bonds were Irregular.
Hading alacksncd materially in tiße uft-
cinoon and active tails averaged one point
recessions Man while Baldwin Locomo-
tive. Midvale Steel. Texas Company uni
various utilities including Third Avenue
People » Gas and Ohio Gas ugistcrcd ea-
tremc gains ol 2 tu u points.
Baldwin Lucomutlv* s aticls Colorado
Fuel and gas shana were the strung fea-
tures uf tho final hour at greatly extenu-
ed guim*.
Ths doss was string.
Liberty 3%s sold at 58.94 to 99 first 4”
at 93 10 to 93.3 U secund 4s at 91.90 to 9a %
and 4%s at 97.74 to 99.06.
NEW YORK STOCK LIST.
Last bale.
Wed. Tues.
American Beet Sugar 74 73%
American Can ** * • *
American Car and Foundry... »•%
Anu rican Locomotive 69% 6b%
American Linseed •• • ^3 34 ja
American Smelt oi Refining.. 63%
American Sugar 114% 113 >1
American T. and T 99
Anaconda Copper 69 66%
Atchison • „
Atlantic G. At W. I I°9
........ 9< 84 %
Baltimon a Ohio
Bethlehem Steel "B’* **’fc 97
Canadian Pacific 149 14 • %
Central Leather 69% 66%
4*h«sup<ake At Uhio 53% 61%
Chicago Mil Ac St. PaU 43% 43
Chicago It. LAc Pacific 23% 23%
Chino Copper >5
Colorado Fuel At Iron 43% 44%
Corn Products 43% 42%
Crucible Steel 71% 69%
«’uba Canu Sugar .33% 33%
Erle 16% 16%
General Electric 151% 1492^
General Motors ...125% 124%
Great Northern pfd 92 93
Gnat Northern Ore Ctfs 34% 32%
Illinois Central 97% 97%
Inspiration Copper 54% 54%
Int. M«T. Marine 24% 25%
Int. Mil. M_arlne pfd 94% 93%
International Paper 44% 44%
Kennecott Copper 33% 35%
Louisville At Nashville 116 115
Maxwell Motors 27 27
Mexican Petroleum 97% 96%
Miami Copper 29 29%
Millvale Steel 54% 51%
Missouri Pacific 24% 24
New York Central 74 74
Norfolk & Western 107 107%
Northern Pacific 87% 68
Ohio Cities Gas 41% 40%
Pennsylvania 44% 44 v
Pittsburg Coal 55% 55%
Ray Consolidated Copper 25% 25%
Reading 88 88
R* p. Iron and Steel 91% 89%
Sinclair Oil and Refining 30_ 28%
Southern pacific 86% 86%
Southern Railway 25 35
Studebaker Corporation 39% 38%
Tennessee Copper 18 17%
Texas Co 156 150%
Tobacco Products 60% 61%
Union Pacific 125% 125%
I'nltid Cigar Storrs 91% 93%
U. S. Ind. Alcohol 131% 130%
United States Rubber 58% 58%
United States Steel 111% 109
Utah Copper 83% 82%
Wabash pfd. “A” 42% 42%
Westinghouse Electric 46% 43 %
Willys-Overland 18 17%
American Tobacco 158 B 168
Atlantic Coast Line 92% 92%
Gulf States Steel ex-div 89 100%
Seaboard Air Line 8% "%
Sloss. Shef. Steel & Iron 63 62 B
United Fruit 128 135%
Virginia Caro. Chern 46% 46%
N. Y N. H. & H 41 ....
MONEY MARKETS
MEXICAN MONEY.
Trading in Mexican money at San An-
tonio Wednesday was very quite at the fol-
lowing quotations;
Rid. Asked.
Silver pesos 68 70
Half pesos 57 59
Mexican gold 57 59
State bank notes 7 ft 15 8 ft 16
National bank notes .... 12 13
Londrcs bank notes .... 10 11
ENGLISH MONEY.
LONDON May 15.—Bar silver 48%d per
Ounce Tuesday.
Money 2% per cent.
Discount rates: Short bills. 3% per
cent three months 3 9-16 per cent.
METAL MARKETS
NEW YORK METALS.
NEW YORK. May 15—Metall Exchange
quotes: Lead firm; spot. $7.00ft7.12%c.
Spclt*r. easy; East St. Louis delivery
spot $7.20@7.30.
• ■ "
LONDON METALS.
LONDON. May 15—Fpot copper £1.10;
futures £1.10; electrolytic. £1.15.
Spot tin £3.67; futures. £3.67.
Lead: Spot. £29 10s futures. £2S 1(%.
Spelt r: Spot. £54: futures £5O.
GIVES COFFEE PLANS
Government Puri-hating Agent Tells Trade
How to Supply Army.
NEW YORK. May. 15.—E. F. Holbrook
who has charge of purchasing coffee for
the United States government outline/!
the official plans for supplying the army
to a meeting of the green coffee trade
here Tuesday. It was the general un-
deutanding in the trade that the gov-
irnmvnt has not changed its intention
cf buying cofftc direct from Brazil and
that roasting plants will be established
abroad in order that the coffee needed
for troops in Europe may be shipped di-
rect from primary mark* ts. For meeting
the more immediate needs Mr. Holbrook
asked for offers from local merchants
either direct or through jobbers of green
coffee on a basis of 10%c. for Santos 4’s
net cash for delivery at nearest roasters.
It also was stated by Mr. Holbrook that
if the trade is not willing to make of-
fers green coffee may be commandeered
by the government in which event a rea-
sonable profit will l-c allowed the owner.
FISH AND OYSTERS
Halibut with other western f%h. Includ-
ing salmon and rock cod. constituted the
gr-atcr part of a good fish supply here
Wednesday. There are some good oysters
arriving from private beds in Texas
Following are wholesale and retail cuo-
tatlons to the San Antonio trade today:
Oysters: Who’oalc. $6.75 thousand foi
select retail select. 75c per hundred: 10c
per dozen.
Texas fish aro quoted on the whole
weight with heads on except In the case
of larg- sizes su'ch as are found 1n r»d
fish. Halibut rock <cd and barracuda
are sliced for the titall trade while oth<’r
California varieties are priced on the ba-
sin of whole weight with head removed.
Prices per pound /leaned ’with scales
removed) and ready to cook are as fol-
lows:
Wholesale. Retail.
Salmon 30c 35c
Halibut ?3c 30c
Barracuda 22c 25^P?0c
Trout 23c -5c
Rec! Snapper 23c 2»c
Rock rod 20c
Red fish 23c ’-3^25c
Pike 23c 23^ 25c
Sheephead 15 5* 20c 20c
SrR water cat 15c -. A c
Frrsh water cat .... 25027 c
Frog ’cgH are selling for SJvJVS2O *•
| dozen; 20’/ 40c a t^Gr^ retail.
Seeing Is Henri”g.
Sergeant M.blo»- Now. Private Smith
v<u know verv well roue but nffiicrs ate
allowr/l to walk across tho mars
Private Smith—But. ma lor. I’ve Captain
Grahnm’s oral order to
Sergeant Major—None o' that. sir._ Show
m<i the captain's oral orders. Show ’em to
me »ir.—Liverpool I’usl
THE CENTRAL TRUST CO.
Capital ONE MILLION Dollars
Surplus One Hundred Thousand Dollars
Pays % Time Deposits
Transacts the general business of a bank and trust company.
Checking Accounts Solicited.
Our land department manages and sells real estate.
DIRECTORS:
J. O. Tyrrell Jnitn J. Ktevena < hnrlea Sehreiuer
.lease Oppenheimer V. T. I'rieM Ed. Rand
Otto Hunrmund John W Warren M. W. Terrell
John Feat IC. K. Bussell Mr«. Emma Koehler
Fred W. Cook Adolnh Wagner Allee H. Ayre*
Albert Steve* Sr. Alfred DneHer .John T. Wllaoa
Jam C. Bell Dick O. Terrell S. G Bechtel
The conveniences and advantages of the Saturday
night service and commercial features of this institution
is evidenced by over 50 per cent increase in checking
accounts of individuals and business firms.
We respectfully solicit your patronage.
LACAUD & SON
116 AVENUE C.
MAIN BANK: Mexico City—Established 22 Years.
BRANCHES: San Antonio Tex.; Tampico Mex.; Vera Cruz Mex.
OLD TAX LAW IS VOID
ClaniiK'li Wina One Decision But
Voses ill Another A|>|ical.
AUSTIN Tex. May 15.—The Court
of Criminal Appeals today held that
the act of 1909 levying an annual
state tax of 12000 and a county tax
of $lOOO on all persons selling non*
intoxicating malt liquors in prohibi-
tion territory was repealed by the
"disorderly house" act passed by the
Legislature in 1910 which prohibits
the selling of non-intoxicating malt
liquors in prohibition territory.
This decision was in the case of
W. W. Claunch from Fisher County
in which a motion for rehearing was
granted and the case reversed and
dismissed. Claunch was fined $l5O
and given 30 days in jail for failure
to pay this annual tax.
The court today however affirm-
ed another case against Claunch in
which he was fined $2OO and given
20 days in jail for the violation of
the "disorderly house” act. which
prohibits the sale of non-intoxicat-
ing liquors in prohibition territory.
The act defines non-intoxicating
malt liquors as beverages containing
alcohol but not of sufficient quantity
to produce intoxication and sale is
prohibited where the person selling
is required to take out an internal
revenue malt liquor license.
ROUT BIG HUN PATROL
Much Activity Buck of German
Lines In Picardy Reported.
By the Associated Pre...
WITH THE AMERICAN ARMY
IN FRANCE (Tuesday) May 14.—
An American patrol in Picardy met
and routed a German patrol of 20
men last night.
In this part of the front the Ger-
mans are using searchlights and
trench mortars occasionally al-
though the artillery fire is under
normal. The American front lines
are swept by enemy machine guns
but there have been no casualties.
There is considerable activity back
of the German lines.
The Toul sector where American
troops are stationed has been ex-
ceedingly quiet during the last 24
hours. The artillery fire has been
at a minimum and there is little
aerial activity until late in the
day.
OVERMAN BILL A LAW
Act Filially Passed Only Waite the
President’s Signature.
WASHINGTON D. C. May 15.—
The long tight in Congress over the
Overman bill empowering the Presi-
dent to reorganize government de-
partments and agencies ended late
yesterday with passage of the meas-
ure unamended by the House and
now goes to President Wilson for his
signature.
The vote was 295 to tv\o Repre-
sentatives Sterling of Illinois and
Gillette of Massachusetts both Re-
publicans casting the only negative
votes.
Just what changes under the law
are contemplated never have been
indicated. When the President asked
Senator Overman to introduce the
bill he merely said he needed au-
thority to co-ordinate the activities
of various branches of the govern-
ment in the prosecution of the war.
And during all the long debate that
preceded action in the Senate vir-
tually no further information devel-
oped.
Allens May Be Naturalized.
Aliens in the militar.” service
who show the proper evidences of
loyalty to the United States will be
given an opportunity to immediate-
ly become naturalized it was an-
nounced Tuesday at department
headqaurters. The plan for accept-
ing them as citizens includes ses-
sions of federal court at camps and
important posts. Military authori-
ties have been instructed to give
all possible assistance to carrying
out the measure. They first must
obtain the required showing of loy-
alty of the alien.
New Bishops Fleeted.
ATLANTA M
election of Dr. F. N. Parker of
Emory University as bishop of the
Methodist Episcopal Church South
as the result of the third ballot cast
late yesterday was announced at the
opening of today's session of the
general conference. Dr. H. M. Du-
of Nashville and Dr. W. N.
Ainsworth of Savannah. Ga. were
fleeted bishops on the fourth ballot
completing the six additional mem-
' is of the college of bishops to be
t this conft rence
Noted Engineer Dead.
NEW YORK Mav 15.—Frederick
Remsen Hutton honorary secretary
of the United Engineering Society.
Mechanical Engineer editor and
emeritus Professor of Mechanical
Engineering in Columbia Universitv
died yesterday at his home here. He
was 65 years uld.
MAY 13 1918.
TAX REVENUE UP TO
JUNE IS ESTIMATED
AT FOUR BILLIONS
Only Third of War Expenses
Being Met by Taxation
McAdoo Shows. 4
NEW YORK. May 15.—Revise*
estimates of revenue receipts in the
current fiscal year ending next
June 30 place at $4095699000 the
sum which the American people
will contribute directly to the gov-
ernment mainly in taxes for prose-
cution of the war.
These estimates reported today
to the Senate by Secretary McAdoo
in compliance with a request for
specific information throwing light
on future revenue needs show that
about one-third the expense of the
war this year has been met by
taxation and two-thirds by Liberty
Bonds.
The report disclosed that about
$2775185000 will be collected on
the basis of income and excess
profits tax returns on file May 4
about $348000000 more than the
yield estimated when the war rev-
enue law was enacted last October
but less than the $3000000000 re-|
cently estimated.
The total now expected from ln-|
ternal revenue which receipts from
income and excess profits returns
is $3643899000; from customs
$180000000; from miscellaneous
sources including $40000000 earn-
ings of increased first class postage
$27000000; and from sale of pub-
lic lands $1800000. Estimates of
internal revenue receipts last fall
were about $3400000000.
The report will be examined care-
fully by members of Congress in
connection with the pending ques-
tion of whether new revenue legis-
lation shall be taken up at this
session as urged by Secretary Mc-
Adoo.
The fact that its figures are fair-
ly definite is expected to have some
influence with some members who
have argued that results of existing
revenue legislation should be de-
termined before new’ bills w’ere
framed.
The report today did not segre-
gate receipts from incomes and ex-
cess profits taxes however. Early
in the year Secretary McAdoo had
estimated income taxes at $1201.-
000000 and excess profits taxes at
$1223000000.
Actual collections up to April 1
and estimates of receipts to June
30 now show that $868714000*
may be expected from internal rev-
enue sources other than excess
profits and incomes.
MAY GIVE*PILLOWS
To Be Distributed nt Kelly Field
by Executive Officer.
Mrs. Cora Davenport who recent-
ly wrote a letter to The Light stat-
ing that she would like to make
and furnish pillows to men who
needed them in Kelly Field will
have a way opened for this work
by the assistance of the executive
officer. A letter was written to
Mrs. Davenport this week stating
that pillows she might wish to give
would be distributed through the
executive office.
“1 beg to express my keen ap-
preciation of the patriotic motives
which have induced you to make
this generous offer’ 1 ran the letter.
“I can assure you that your gifts
will be useful.”
RALLY FOR MARINES
Recruiting Effort On Plaza With
Band and Speech.
In the interest of the campaign j
for recruiting 4.000 United State*
Marines in San Antonio and South-
west Texas a recruiting street ral-
ly was held on Alamo Plaza near
the Marine Recruiting Station at
noon Wednesday. A "physical jazz
band" from t Majestic Theater
drew tho crowds and Judge C. A.
Davies made the "recruiting speech”
when the crowd had congregated.
Judge Davies made a strong pa-
triotic plea for every young man
not in uniform between the ages of
19 and 36 to choose between being
"an American or a traitor." The
way to be an American he said. $«
to Join the Marines.
Fire Causes Ship Y ard Loss.
VANCOUVER. B. U. May 15.—
Fire broke out in the boiler room
of the J. Coughlin and Sons ship
yards here early this morning an 4
did damage estimated at $1500000.
One fireman was killed and several
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Diehl, Charles S. & Beach, Harrison L. The San Antonio Light (San Antonio, Tex.), Vol. 38, No. 116, Ed. 1 Wednesday, May 15, 1918, newspaper, May 15, 1918; San Antonio, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1614764/m1/10/: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; .