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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Apr 21, 1917
Page
9
Quotations from principal spot markets show steady strength after an initially weak start. The New York Cotton Exchange closed very steady, up 26 to 29 points, while New Orleans rose 25 to 28 points. Texas spots were closed for a state holiday.
The cotton market opened steady then rose as covering intensified. July and October futures climbed from early declines to 19.49 and 18.35 respectively, with the day closing 26 to 29 points higher on renewed buying and reports of a potential tonnage transfer.
New York April 21 cotton futures started steady with May at 19.51, July 19.12, October 18.04, December 18.18, January 18.25. The market closed Saturday 26 to 29 points higher.
New Orleans prices opened higher as rains in Texas boosted buying interest. The most active months rose 7 to 8 points, with prices 7 to 12 points above yesterday's close after a brief pullback. Short-seller cover and bullish demand supported the early advance, leaving the market about 27 to 30 points up at midmorning.
New Orleans April 21 cotton futures opened steady with bids for May 18.50 July 18.29 October 17. to be 17.49 January 17.87. Futures closed Saturday 25 to 28 points higher with Liverpools due to open Monday 8 to 6 points up.
Readable fragments indicate dairy farm properties for lease, including a 4 percent rate mention and references to nearby miles from the city. The text is partially garbled with an address-like fragment and unclear lines.
106 acres near the San Antonio River close to Corpus Christi Road with 60 acres in cultivation and deep water soil excellent for farming. Includes tenant house and outbuildings about 16 miles from San Antonio on a good paved road. Terms available. Also a 40 acre farm seven miles from the city priced at $4000 via W B Whitaker 1033 E Commerce St. San Antonio Loan and Trust Co. offers three acres outside city limits with fractional payments. Whitaker phone Crockett 5121.
Dewberries firmed to 1.50 and 1. per crate of 24 Leslie Wine quarts. Flour rose to 18.20 and 13.40 per barrel. Meal up to 1.36 per 85 pound sack. No changes Saturday in wholesale prices of fresh vegetables eggs poultry butter groceries provisions seeds and grains.
Wholesale prices to the trade cover a wide range of fruits vegetables and related goods. Listings include potatoes onions tomatoes cranberries sweet peppers beets carrots cabbage radishes asparagus celery turnips lettuce squash beans sweet potatoes grapes lemons limes and more with per unit rates across Florida Texas California Missouri and New Mexico markets. Also shown are canned goods dried fruits nuts cereals and animal products with bulk pricing for traders and shipper terms.
The April 1 report from Union Stock Yards notes northern livestock prices mostly steady for cattle and sheep while hogs show uneven results. Fort Worth hogs rise a few cents, St Louis hogs decline, quality reported poor. Local market flat with no price changes amid receipts of cattle 5, calves 25, hogs 45 for the city trade.
Market notes show jobbers' prices to retailers with steady signals in butter creamery at 39 to 40 cents per pound. Poultry values hold, eggs unchanged with firsts at 34 to 34 1/2 cents, fowl and turkey ranges listed. Chicago quotations record butter lower, eggs steady, and poultry alive at 21 to 22 cents. potatoes and various white potato grades cited.
Fort Worth market report shows cattle steady to higher with steers 7.00 to 11.00, stockers 6.00 to 8.40, cows 5.00 to 5.50, heifers 6.40 to 10.50, bulk sales 5.00 to 5.50. Sheep and lambs also listed with lambs 14.00 to 16.00, yearlings 12.00 to 13.75, wethers 10.50 to 12.50, ewes 9.00 to 10.50, goats 5.00 to 8.50.
Kansas City market notes list butter at 47 cents for firsts 44c for seconds 4c notations include key value 84c. poultry prices show hens up to 20c roosters 16c turkeys 24c. potatoes priced at 3.10 per 5.0 units.
On April 21 in Chicago receipts totaled 8000 hogs with a steady market, 600 cattle with a weak market, and 14000 sheep with a slow market. Hogs ranged from 14.65 to 16.76 per hundredweight, cattle included native beef at 9.00 to 13.25, lambs 12.00 to 16.00, and wethers 10.00 to 12.70.
Local packing house quotations list dry small extras at 2 percent, bacon extras 24 percent, dry galt bellies 14 to 16 pounds average at 244 percent, fancy breakfast bacon 3 cents, fancy hams 27 cents, bacon bellies 14 to 16 pounds average 26 1/2 cents, pure lard 22 cents, compound 17 cents, American cheese 29 cents per pound.
Chicago April 21 reports say sharp recessions in wheat prices followed rumors of revolutions in Hungary and unrest in Bulgaria, with Germany strikes adding to bearish mood. May and July contracts moved from open gains to declines, later rebounding as weekend adjustments reduced losses. Corn and oats showed weaker trends, while lard remained in demand amid broader grain softness.
Chicago notes show quotations for corn No 2 yellow at four and a half. oats at central markets. barley at 1.20 per bushel. Details reflect routine price listing and do not indicate shifts or traders.
Receipts and quotations show hogs modestly steady with bulk at 15.20 to 15.50 and heavy at 15.70 to 15.90. Cattle receipts around 800 with prime fed steers 12.00 to 12.35, dressed beef steers 9.25 to 12.00, cows 6.50 to 10.75, calves 8.00 to 13.25. Sheep receipts none, lambs 12.25 to 15.0, yearlings 13.00 to 34.25, wethers 12.00 to 13.26.
Raw sugar holds steady as 15,000 bags go to market for May shipment. Molasses sells at 5.39 dollars for centrifugal 6.27. Refined granulated prices remain firm.
Receipts and quotations show hogs at $700 in receipts with prices 5 cents lower and mixed heavy at $15.00 to $15.85. cattle receipts 150 with native beef steers $7.50 to $13.00 and beef cows $4.25 to $9.00. prime southern beef steers $8.00 to $11.60. sheep receipts none and market steadier.
New York April 21 report shows No 7 futures at 10 cents, May at 7.85, with July prices indicated but not completed. Futures steady as traders await clearer demand signals and potential supply influences.
Elgin April 21 butter trading shows twenty tubs at 43 and twenty five tubs at 4éc.
Wheat prices shown in Kansas City drifted with cash and futures quotes for hard red, red, and white varieties. No. 2 yellow corn and mixed feeds listed with approximate bid ranges and standard grading numbers.
Kansas City grain futures closed with July and September wheat and corn prices listed. May wheat around 2 dollars, July corn near 1.36, September 1.26, reflecting modest shifts in the grain market.
April 24 hours ending 8 am reports light to moderate rains along the Texas coast and in Mississippi with heavier downpours in southwestern Mississippi and parts of west central Louisiana. Temperatures run above normal in the Carolinas Georgia and eastern Tennessee while western cotton region areas are cooler with readings from 88 to 44. Light frost is reported at Bentonville and Fort Smith.
New York April 21 staple 8 ounce tickings advanced 30 cents a yard to 25 cents. All duck and airplane cloth in stock cleaned up from first hands due to large government orders. Trade in general lines of dry goods is quieter.
Rough and clean rice remained strong and in good demand in New Orleans on Friday. Receipts included 1089 rough sacks and 1098 for millers. clean rice totaled 11 414 pockets with sales of Clean Honduras 3676 pockets Japan 205 and Blue Rose 3753 pockets. Quotation stood at Clean Honduras 6 66 1 2 cents per pound with others unchanged.
In Savannah on April 21 figures show a turpentine firm with 46 sales 114 receipts 14 shipments 483 stock 8880 while a resin firm lists sales 349 receipts 344 shipments and stock 94605 with several price readings including water white at 6.10 and related values noted.
The Railroad Commission in Austin, Texas suspended its April 11 order raising minimum carload weights from 30,000 to 6,000 pounds for sugar and molasses in Texas. It will consider on Tuesday an application by Texas buyers seeking the increase in the same commodities.
Texas fire insurance commission reports 1916 totals for all companies. Liabilities to $101,415,213 premiums $19,935,681 losses adjusted $9,760,665 fires reported 7499. Average rate 1.073 burning rate .058 loss ratio 895 average loss $558.36. Classification covers 75 risk types with about 13 insurers.
In St Louis on April 21 cash grain quotes show No 2 red wheat at 2.85 dollars No 2 hard at 2.63 dollars No 2 corn at 1.47 and No 2 white at 1.69 dollars No 2 oats at 0.69 dollars No 2 white oats nominal.
In Chicago on April 21 President E T Richard urged the American Poultry Association to promote backyard poultry. He said patriotic households can hatch enough chicks in sixty days to add 100 million pounds of meat to the national supply by mid September.
Interstate Commerce Commission issues order requiring railroads entering St. Louis to establish joint rates over the barge line of the Inland Navigation Company between St. Louis Memphis and New Orleans. The directive aims to standardize pricing on the river corridor linking the three cities.
The Weather Bureau issues a bulletin from Allen Buell detailing atmospheric conditions. This update covers temperature trends humidity ranges and precipitation forecasts, noting regional implications for agriculture and daily activities.
New York trading opened with extremely light dealings led by war stocks. Bethlehem Steel and Industrial Alcohol fell early while United States Steel and Central Leather slipped. later, most issues rallied with a steady close as bonds showed irregular activity and some rails under pressure. Sales totaled about 225,000 shares.
Trading in Mexican currency in San Antonio Friday showed bid and asked quotes for state and national bank notes and for the Bank of London and Mexico. The snippet lists specific rates for state bank notes at 10 and 14, national bank notes at 14 and 7, and the Bank of London and Mexico at 19 and 12.
New York April 21 mercantile prices list 60 day Bills 472 commercial 60 day bills 471% demand 475.65 cables 40% pulsity demand 40% cables 40% bar silver 74%c Mexican dollars 74%c government bonds steady railroad bonds irregular
London on April 21 reports bar silver at 37 3-16d per ounce money at 4 percent and discount rates for short bills and three months at 4 percent. The market shows steady rates across instruments with minor fluctuation in bullion pricing.
The weekly statement shows clearing house banks and trust companies hold a reserve of 120,599,200 above legal requirements, down 7,920,400 from last week. Loans and discounts total 3,069,152,000 with varied changes across reserves and deposits.
The copper market in New York showed a quiet week with unsettled tone. Electrolytic spot and near delivery were quoted around 29 to 31 cents, with third quarter and later deliveries from 25 to 50 cents. Tron was firm and unchanged.
Savings departments of 29 Texas banks show total resources of 5,078,834 at March 31 1917. First liens on real estate amount to 3,923,262. bonds and other assets 172,611. currency 786,156. Deposits total 5,052,271, with cash reserves 925,131 vs required 729,230.
The stegosaurus, a 25 foot vegetarian guardian of armor plates, is described as a peaceful yet formidable creature. Its double rowed back plates and tail spikes suggest powerful offensive defense, possibly with a presumed second brain near the spine. Debate over tail posture during walking vs fighting is noted.
Washington April 21 The proposed general railroad rate increase could lift annual revenue for the nation’s carriers by millions as major lines seek broader triggers alongside smaller, already granted boosts. The Interstate Commerce Commission has approved several targeted rises on grain coal and freight, with further increases likely for long haul interchanges and commodity classes amid wartime demand.
At the Shreveport rate case rehearing J D Ja forms president of the Texas Cattle Raisers Association and James Callan argued Texas cattlemen cannot bear further cattle freight hikes. They urged lower rates for western and northern Texas while eastern shippers face switching woes and delays in Fort Worth yards.
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