Weather map bearish feature in cotton trade
Weather map shows bearish signal in cotton trade as trade volumes stay low. Market watchers note subdued activity with no major price moves indicated.
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 44 articles. Subscribers can read the full text of each article.
Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Apr 13, 1916
Page
13
Weather map shows bearish signal in cotton trade as trade volumes stay low. Market watchers note subdued activity with no major price moves indicated.
Un easiness over foreign politics and Wall Street selling pressured cotton to end down about 25 cents per bale. Texas prices held firm while New Orleans and New York futures fell by a few points. Overnight Mexican developments limited buying as Carranza requested troop withdrawal. Crop progress seen as favorable with big planting anticipated. San Antonio prices quoted for Thursday deliveries at local compresses.
The New York cotton market opened steady then slipped, with near month liquidation and Liverpool straddle selling weighing on prices. May reached 11.78, July 11.92, October 12.15 before rallying on short covering and weather forecasts, while political and Wall Street concerns kept activity unsettled.
New York copper futures opened steady with May at 11.82 and January at 12.31. Closing prices show a small gain from the open, with July 12.12 and December 12.26 near the session range. An 11 o'clock call suggested Liverpool’s Friday open with quotes around 11.80 to 12.06 and 11.97 in later reports.
Favorable belt weather offset better cables and kept moderate selling in New Orleans at the market open. In the first half hour prices fell 1 to 8 points as the market held a steady tone and trading stayed light. News of Sussex sinking relief shifted losses to a net decline of 1 to 3 points by noon while spots remained steady and contracts weak.
The estton futures market opened steady in New Orleans with January at 12.14 and December at 12.05. Early session shows May 11.63 percent, July 11.85, October 11.92, while highs reach 11.88 and lows around 11.61 11.82 as trading begins and closes 2 to 3 points lower.
Liverpool April 3 spot cotton prices reported with middling at 7.874 cents per pound, low middling around 7.424, and middling 7.874. Trade includes 6000 bales for export and speculation, markets showing activity in port shipments.
Futures were steady with multiple Liverpool contracts listed for April through March. Notable bids include April 7.60d and several May to March intervals around 7.59 to 7.32, reflecting flat to slightly changing tones in the market.
San Antonio wholesalers report tight dry goods supply with higher prices and delivery delays. Wages and shorter textile hours slow production, sparking price hikes on items like black hose and colored handkerchiefs. Printing firms fear higher rates as stock remains scarce. grocers report steady dried fruits demand while hog markets push lard costs up. Flour and wheat show volatility at centers.
A list of wholesale prices to retailers and shipper buyers for Texas Colorado and California origins. Potatoes onions tomatoes celery cabbage beets green beans squash sweet potatoes carrots turnips peppers lettuce citrus fruits apples bananas oranges lemons limes grapes cranberries with prices per hundredweight per crate per dozen and per pound across multiple states and product lines.
Rains in Nebraska and Canadian wheat sales to Minneapolis weigh on Chicago markets. May wheat at 1.19 1 2 to 1.20, July 1.16 to 1.16 to 1.14 1 1/4. Corn opens 1 to 1 1/2 lower, ends weak. Oats follow bearish grain trend. trade light. Hog prices rise, provisions gain strength amid cereal weakness.
Buyers in San Antonio quoted grain prices Thursday with wheat at 1.30 dollars per bushel for Texas and 1.32 for northern. Corn priced at 73 cents for Texas No. 8 and mixed 0c for northern. Oats listed at 60 cents for Texas red in bulk and 52 cents in sacks. northern white oats 68 cents bulk and 58 cents sacks. Oklahoma prices aligned with Texas grades.
Local sacking house quotations list dry salt bacon extras at 14c 16c per pound, dry salt bellies 14 to 16 pounds at 16c, fancy breakfast bacon 26c, fancy hams 21c, bacon bellies 14 to 16 pound average 18c, pure lard 13c, compound 12c.
Quotations today show wheat at No 2 red 1.20 to 1.21, No 2 hard 1.19 to 1.22. Corn No 2 yellow 7 1/2 to 7 3/4 cents, oats standard 45 cents, barley 62 1/2 cents.
In St Louis on April 13 quotations noted wheat at No 2 red 117 percent No 2 hard nominal corn No 2 3 4 percent No 2 white 4 percent date No 2 43 cents No 2 white nominal
Wheat prices quoted at No 2 hard 1 12 to 1 22 dollars per bushel and No 2 red 1 15 to 1 22. Corn No 2 mixed 69 ½ to 74 cents, No 2 white ice. Oats No 2 white 46 to 41 cents and No 2 mixed 40 to 42 cents.
Grain futures closed with Wheat May at 1.07 percent and July 1.07 percent in Kansas City, while Corn May at 68 percent and July at 70 percent.
Turpentine dull with 48 48s percent sales name. Receipts 57, shipments none, stock 6129. Resin firm with sales 426, receipts 419, shipments none, stock 68 788. Quotations list A through G H with values 75, 1.4.80, K 4.90, M 5.05, N 5.39, Ww G 0.40, W. W. 6.50.
New Orleans reports rice prices holding firm as trading continues. Clean Honduras saw sales at 31-16 to 51-16e with receipts around 1883 and millers also 1883, while Japan remained steady and quotations unchanged.
Coffee futures eased in New York with May at 8.20 cents and December at 8.54 cents, following a 9 percent color note. The market showed light activity as traders awaited further guidance.
San Antonio markets report on current cotton prices and trends. Analysts note price movements, demand factors, and regional buyer activity with emphasis on local merchants and farm markets. Data highlights include price ranges, daily changes, and notable trading centers.
April 13 market report notes cattle uncertain with declines and steadier prices at times while hog prices rise across selling centers. San Antonio receipts include 574 cattle 69 calves 28 horses 38 hogs and 1227 goats with buyers active early. Steers peak at 7 dollars with bulk 8.50 to 7, cows 5.50 to 6.55, calves 6.50 to 7.25.
Fort Worth stockyards report cattle receipts around 8000 with mixed bids from Beeves 7.00 to 8.15 and cows 5.00 to 7.5 while hogs rise slightly on 4000 head with bulk 9.26 to 9.55 and lamps and yearlings among lighter ranges. lambs trade around 8.0 to 12.0 with ewes 6.0 to 7.5 and goats 4.0 to 5.6.
Receipts and quotations for hogs cattle and sheep listed for Kansas City on April 13. Hogs 6000 receipts, market higher with heavy hogs at 9.55 to 9.70. Cattle 1600 receipts, market strong with prime fed steers 9.25 to 9.60 and cows 5.50 to 8.25. Sheep 8000 receipts, market steady to weak with lambs 10.88 to 11.75 and yearlings 9.75 to 23.00 percent quality noted.
Chicago reports April 13 receipts with hogs 15000 and cattle 6000 and sheep 15000 as market trends show bulk and mixed hogs at varied quotes while cattle and calves range widely. St Louis records hogs and lights at 7.50 to 9.90 with strong to steady cattle and sheep markets and assorted beef and stocker prices.
The Lumbermen's Association of Texas adjourned its thirteenth annual meeting in Dallas revealing Galveston as the 1917 convention site. President T W Griffiths was reelected. C H Flato Jr, W W Pryor, J Dionne, and R M Farrar were chosen for key officers. Fort Worth and Houston had vied but withdrew in favor of Galveston. A committee will pursue abolishing alleged discriminatory lumber rates on the Santa Fe route from southern Louisiana to West Texas and New Mexico.
Buyers paid quoted prices for local products in San Antonio on Thursday. Butter and creamery goods remained firm with creamery at 31 to 43 cents per pound. Poultry items showed hens 6 to 7 dollars per dozen, friers 6 to 7 dollars, broilers 4 dollars, turkey 19 to 20 cents per pound, ducks 5.50 to 6 dollars per dozen, and geese 7 to 10 dollars per dozen.
On April 13 the market opened weak amid European and Mexican tensions. Mexican Petroleum fell about 1 percent as Crucible Steel Goodrich United States Rubber Baldwin Locomotive and Weating house and Metals suffered declines. United States Steel slipped half a point on 1600 shares at 18.55. Bethlehem Steel recovered part of yesterday’s loss to 4.74. Specialties held at lower prices last hour with drops of 4 to 10 points in munition and office shares.
Mercantile payer 8 3 percent. Sterling 60 day bill 4 78 demand 4 76 cables 4 77. Guilders demand 42 percent cables 42. Bar silver 68. Mexican dollars 48 percent. Government bonds steady. Railroad bonds easy.
Time loans show 40 and 90 day terms at 24 percent and 8 percent respectively, six months at 3 percent. Call money steady with rates ranging from 1 to 2 percent, ruling rate at 14 percent, last loan 2 percent, closing bid 1 percent, offered at 2 percent.
Quotations to Hutter steady with creamery at 31 5c. Exes lower. receipts total 54 125 cases with firsts at 2019 204c and ordinary firsts 1941 20c. Potatoes down. 35 cars from Michigan Wisconsin Minnesota and Dakota. White prices 86 94c. Ohios 73 8c. Poultry alive prices fall. fowls 18 9c and springs 18 9c.
London reports bar silver at 29 percent per ounce and money at 4 4/ per cent. Discount rates for short bills and three months are 4 percent.
Raw sugar and refined sugar products show mixed pricing across grades including centrifugal at 6.02, molasses 5.25, loaf 8.15, crushed 8.00, mould A 7.50, cubes 7.50, powdered 7.15, fine granulated 7.00, diamond A 7.00, confectioners A 6.90, No 1 6.86. Prices reflect market activity in New York.
Lead at 87 75, spelter steady with East St. Louis delivery, spot 18 19. Copper firm for electrolytic near and distant lots from 25 00 to 29 00. Iron firm and unchanged. Tin dull and nominal.
Observation at 7 a m on Thursday April 13 1916 notes wind speeds under 19 miles per hour and rainfall under .01 inch are not published hereon. Allen Buell local forecaster.
London quotes list lead copper and tin prices with spot and futures tallies in pounds sterling. New York cotton seed oil prices show spot and forward contracts across months with trading totals and bid prices.
Daily cattle sales in Oklahoma City show receipts at 226 head with a strong market. Prices up about five cents from yesterday as top consignments include Holman of Clinton with 44 steer calves averaging around 448 pounds at 7.60 and Neal and McCarty of Lawton with 28 steer calves marking about 1.05 per pound.
From Kansas City on April 13 quotations show butter prices at creamery 36c firsts 33c seconds 26c packing 26c eggs firsts 28c hens 10c turkeys 20c springs 21c. The report reflects daily wholesale market levels with variations by category and grade.
A lengthy note reviews March 24 to April 2 naval events in the English Channel. It discusses attacks on the British steamers Sussex Manchester Engineer Eagle Point and the possible Sussex damage by a German submarine, the contested identity of the attacked vessel, and the potential mine danger in the channel. The German government proposes mixed commissions per The Hague to resolve disputes and asks the U.S. to transmit the communication.
Dr. George E. Vinson president of the University of Minnesota will lecture free next Tuesday afternoon at the Main avenue high school auditorium. The talk titled Psychology of the Crowd aims to attract local educators and students. Superintendent Meek praised the visit as a rare chance to hear a leading educator during his winter tour.
Bishop W A Quayle defends red hair as a signal honor citing Caesar Bruce Elizabeth and Helen of Troy among redheads. He salutes modern figures Bernard Shaw Murdoch Fitzsimmons and others. Arthur S Hoffman notes plans to recruit a redheaded regiment to defend the country if attacked.
Eighty millers from Missouri Kansas and Oklahoma formed the Millers Exchange at a meeting in Kansas City. Officers elected include George Sohlbere Oklahoma City chairman J Hupp Wichita treasurer and Henry Dittmer Fleeno Oklahoma secretary. The exchange aims to protect millers and enforce contracts.
The Bulgaria First Bulgarian Insurance Company of Rustchuk Bulgaria is certified to operate in Texas for the year ending February 28 1917 by the Department of Insurance and Banking State of Texas. The certificate of authority is issued by MO S&S Patterson Commissioner and Leon Dargen State Agent.
One hundred dollars reward offered for evidence leading to arrest and conviction of person or persons who stole two steers from the pens at Union Abattoir and slaughtered them on the night of April 11. J. J. Peterson Union Stock Yards City.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.