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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Apr 12, 1917
Page
11
Thursday April 12 1917 forecasts for San Antonio and surroundings: tonight fair and colder, Friday fair and warmer. East Texas: tonight fair and colder with frost in the north portion, Friday fair and warmer in the western portion.
The bulletin lists early morning weather readings from Abilene Amarillo Atlanta Birmingham Brownsville Chicago Corpus Christi Dallas El Paso Fort Worth Galveston Houston Jacksonville Kansas City Key West Louisville New Orleans New York Nkishoma City Palestine St Louis Antonio Taylor Washington and other locations. Reports include wind directions temperatures and precipitation indicators with conditions ranging from clear to cloudy and light rain in several locales.
Wholesale prices to the trade for a wide range of produce and groceries. Potatoes onions tomatoes cranberries peppers carrots cabbage radishes asparagus celery turnips lettuce and more are priced by market, crate, or pound with regional varieties from Florida Texas California and other areas. Fruits include strawberries apples pineapples bananas oranges grape fruit and dried goods with meat and canned goods also listed.
Cotton prices surged near the close with May delivery at 20.59 and July at 20.23 in New York futures. The day saw a strong late rally driven by unconfirmed peace rumors, with New Orleans and southern centers up, while spot markets faced mixed results. San Antonio and Houston posted gains over yesterday.
In New York today the cotton market opened steady to down as rains in the southwest and weak cables weighed on sales. May and July fell while October declined, then rumors of peace overtures and a Bonn offer sparked a rally with May to 20.32 and October to 18.84, supported by reports of insufficient rainfall and Balkan diplomacy.
New York bulletin shows steady cotton futures with May at 20.35, July 19.85, October 18.64, December 18.73, January 18.78. Prices closed Wednesday and Thursday with declines of 36 to 41 points. list includes high, low and close figures for several or the term contracts.
In New Orleans on April 12 the cotton market dipped 3 to 5 points amid Texas rains seen as favorable. Prices then surged as forecasts favored showers in the eastern belt where rain is unwelcome. By 1:50 pm active months were 27 to 31 points higher from the prior close, while spot quotations fell about $1 per bale.
The New Orleans cotton market opened steady with Janu at 18.20 May 19.29 July 19.03 October 18.0? December 18.12 Highs and lows listed for May October December and future months show minor fluctuations. Trading notes include mixed settlements and varying daily close figures.
Liverpool April 12 spot quotes show good middling at 13.03, middling 12.93, and low middling 12.75. Sales include 560 for speculation and export. Receipts 200 plus...
April 12 futures show narrow moves with values across contracts from May to December. Highlights include May-June at 12.35d, August-September 12.074d, October-November 11.83d, and January-February 11.64d as traders gauge expected market direction.
New York market roundup shows open noon and close levels for cotton seed futures in April July August and October contracts. Figures list daily bid ask and sales totals with notable price shifts across maturities and mixed volume activity.
Louisburg North Carolina April 12 fire destroyed the Louisburg Cotton Oil Company plant and five hundred bales of cotton with an estimated loss of 150000 dollars.
Memphis authorities report delegates representing more than a billion dollars in capital attended the opening sessions of three associations in Memphis. A joint forenoon session featured welcoming addresses before separate meetings proceed through Friday.
The British cotton firm Bushby Bros. withdraws from U S markets as J P Chambers of the American branch announces. Edwin Bushby departed for England months ago. Chambers says the firm will devote all resources to the war and he plans to enlist in the British army.
Union Stock Yards report April 12 shows northern cattle uneven with Fort Worth strong and Chicago slow. Hogs were irregular from Fort Worth slow to St Louis higher. Sheep show strength. Local market remains firm on all items with receipts totaling cattle 291 calves 140 horses 132 hogs 32, city lots 99 cattle 26 calves 32 hogs.
Fort Worth Texas April 12 cattle receipts 3700 market strong steers range 7.00 to 11.00 stockers 6.00 to 5.00 belwere 6.50 to 10.60 cows 6.00 to 8.60 bulls 5.00 to 8.59 calves 5.00 to 11.00 hogs receipts 400 market slow to steady bulk 15.25 to 15.50 top 15.00 sheep receipts 160 market unchanged lambs 13.00 to 16.00 yearlings 12.50 to 12.75 wethers 10.00 to 12.50 ewes ? goa ts 5.50
Chicago market report shows receipts of 20 000 hogs 6 600 cattle and 13 000 sheep with prices for hogs bulk light and heavy pigs and for cattle stockers feeders and calves and for sheep wethers and lambs. Market described as slow for hogs and cattle while sheep remain firm.
In St Louis on April 12 receipts for hogs reached 8000 with prices rising from 15.75 to 16.40 for various grades. Cattle receipts totaled 1300 with markets steady. best native and prime southern beef steers traded around 11.50 to 12.50, cows to 9.00, yearlings 8.00 to 12.00. Sheep receipts 2000 with market steady to strong. lambs 15.84 top, ewes 12.25, yearlings 14.25, clipped lambs 12.78.
Receipts and prices for Hogs Cattle and Sheep reported in Kansas City. Hogs steady to strong with bulk around 15.80 to 16.25 and heavy at 16.15. Cattle receipts about 5000 with prime fed steers at 13.00 and dressed beef steers at 10.00, cows to 10.75, heifers 12.00. Sheep receipts around 0 with lambs 15.50 and yearlings 13.25.
New Orleans rice market shows steady demand for rough and clean rice on Wednesday. Mough and millers reported 581 sacks each for rough rice, 2613 sacks clean, and 600 pockets of Clean Honduras and Blue Rose priced at 4% to 6% around 6% cents per pound, with Japan at 4% 1t%c.
New York notes on April 12 show raw sugar at $6.39 per centum weight for centrifugal and $5.51 for molasses. Fine granulated sugar listed at $7.50 per 26 units.
The Interstate Commerce Commission granted partial increases on several commodities moved from Chicago and other western cities to Michigan Wisconsin Iowa Missouri and nearby states. Agricultural implements burlap cloth coal grapes hollow building blocks and tiles soda and soda products and stone in carloads face higher rates. other commodity increases were disapproved pending further review on dairy products.
The Railroad Commission issued an order increasing the minimum weight on sugar and molasses per car from 24000 to 30009 pounds. The amendment to commodity tariff 833A becomes effective June 19.
In a humorous old anecdote preserved by the late Dean Pigou, a verger known for lax matrimonial views is depicted being pressed on banns. The dean himself overruled strict law to marry a man to his deceased wife’s sister, noting one party was 84 and the other 86, urging that the law might bend for love.
Cutan tomatoes rose to 4.50 per six basket crate on Thursday, up 60 cents. Texas English peas fell 76 cents to 3 per bushel. No changes were reported Thursday in wholesale prices of eggs butter poultry groceries provisions seeds grainy or mill products.
Texas market reports show creamery eggs at 32 36 cents per pound and 28 30 cents for other eggs. Poultry prices steady with large hens at 7 and medium 6 to 7 dollars, small hens 6 51 to 6 75, fryers 6 to 7, turkeys 23 to 24 cents per pound, ducks 7 to 8 dollars per dozen, geese 12 to 15 dollars per dozen.
Quotations today show butter higher with receipts of 24 481 cases and firsts at 22 to 23 cents. Potatoes unchanged with receipts of 25 carloads. white potatoes sold in Washington Oregon Idaho and Colorado at 2 85 to 3 00. Poultry alive prices steady with fowls at 22 cents per pound for center cuts.
Kansas City prices list shows Butter at 45c for Creamery firsts 42c seconds 40c and packing. Eggs at 33 1/2c for firsts. Poultry notes hens, chicks, roosters with lecture fees unclear. Potatoes priced at 2.60 to 2.90 per bushel.
Local packing house quotations list prices for Pry salt extras 2244c bacon extras 1 4c dry salt bellies 14-16 pound average 244? 0c fancy breakfast bacon 38c fancy hams 27c bacon bellies 14-16 pound average 26c compound 17c American cheese 29c per pound.
In Galveston Texas on April 2 the Texas Lumbermen's Association chose Fort Worth as the meeting place for next year's annual convention and elected new officers T W Griffiths of Dallas as president C H Flato Jr of Kingsville first vice president E P Hunter of Waco second vice president R M Farrar of Houston treasurer J C Dionne of Houston secretary The group endorsed President Wilson's war stand and offered its resources to the country as needed The convention will occur in Fort Worth during the second week of next April.
Steep gains in corn sparked broad activity with rumors of distilleries using corn for denatured alcohol for military explosives and a likely broad British demand. Wheat rallied, May and July prices jumped before ending higher, while oats strengthened and hogs supported provisions.
Quotations were as follows today Wheat No 2 red and No 2 hard non Corn No 2 yellow 1.38 1.39% Oats Standard 68 70c Barley 1.15 1.40.
Grain futures closed with wheat and corn moving modestly higher on May and July contracts while September showed varied gains. May wheat traded at 2.24 percent, July 1.87, and September 1.48 while May corn reached 1.36, July 1.31, and September 1.2544 as of the close in Kansas City.
Quotations today show Wheat No 2 hard at 2.36 to 2.42, No 2 red 2.30 to 2.40. Corn No 2 mixed 1.40 to 1.43, No 2 1.44 to 1.45. Oats No 2 white 71 to 72 cents, No 2 straw 70 to 70.5 cents.
Quotation snapshot from St Louis on April 12 lists Wheat at No 2 red 2.45 and No 2 hard 2.35 to 2.44 per bushel, Corn No 2 at 1.42 and No 2 white at 1.44 to 1.4544, Oats with No 2 white nominal and other grades not stated.
M. MARUCHEAU GRAIN CO of San Antonio Texas lists Red Top Cane Seed Orange and Amber White Wonder Seed Corn Yellow Dent Sudan Gra ge Milo Maize Kaffir Corns Fetch ita in unspecified quantities.
Trading in Mexican money in San Antonio on Thursday showed quotations for silver pesos and half pesos. In London on April 12 bar silver stood at 36590 per ounce with money at 3 percent and discount rates listed for short bills at 4 percent and three months at 4 4 percent.
Lead firm with 9 percent ask. Spelter quiet with East St Louis delivery. Copper dull spot and second quarter prices around 32.00 to 32.75, third quarter 29.00 to 31.00. Iron firm and unchanged. Tin firm spot about 54.76 to 55.25.
The notice lists time loan terms of sixty days at 3 percent and thirty four percent for ninety days, with six months at 4 percent. It also shows call money one day at 2 percent, high and low 2 percent, ruling rate 2 percent, last loan 2 percent, closing bid 2 percent, and offered 2 percent.
New York April 12 Mercantile paper 4 4 percent Sterling 60 day bills 472 commercial 60 day bills on banks 472 commercial 60 day bills 471 percent demand 475 percent cables 476 percent Guilders demand 4114 cables 41 percent Bar silver 73 and one half cents Mexican dollars 56 percent Government bonds heavy Railroad bonds irregular
London market notes on lead at 50 pounds 108, spelter 66, spot copper 136 with futures 139 10s, electrolytic 161, tin 216 158, and miles 217 in pounds per ton.
Rain drenches grain belts from Wichita County to Stanton and the Panhandle. Paducah, Putnam, Ralls, Sweetwater, Abilene, Stamford, Knox City and Anson report beneficial moisture. The rainfall promises to improve the wheat crop prospects across major southwest farming regions.
New York on April 12 reports quiet market for cotton goods yet prices stay firm. Jobbers remain active buyers while worsted goods and knit items stay strong amid limited stocks and steady demand.
In Savannah Georgia on April 12 figures show turpentine run sales receipts and shipments with stock totals. Resin firm data lists sales receipts shipments and stock with varied quotations. The article also notes a South African baobab tree with trunks over thirty feet in diameter and tall growth rarely reaching sixty feet.
New York stocks opened strong following yesterday's late rally in speculative issues. Steel and related industries led gains with United States Steel and Gulf States Steel among notable movers, while Delaware & Hudson slipped. Broad advance persisted into the final session with overall firm closing prices.
New York coffee markets show steady futures at dawn with May and July contracts quoted. The scene highlights cautious activity as traders weigh supply signals and demand cues in a volatile market.
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