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Newspaper

San Antonio Light

Location

San Antonio, Texas, United States of America

Date

Aug 27, 1916

Page

9

Review of Week in World Markets and Weather in San Antonio

Weather and market data from San Antonio Texas dated Saturday August 26 1915 report temperatures high and low 90s and 69 with average 80 and precipitation totals 0 inches for the 24 hours and 15.29 inches since January 1. Wind NE at 5.8 mph with SE gusts and sunrise at 6 09 am sunset at 7 02 pm. Moon rises 6 02 am on 28th.

Weather Bureau San Antonio Texas Abilene Tex Amarillo Atlanta Birmingham Boston Mass Brownsville Charleston 8. C Chicago Cons Christi Base Fort Worth Galveston Jacksonville Fla

Cotton prices surge to season's top 10-week high

Prices for cotton climbed to the season’s highest levels in the past week, finishing above 16.00 as late-month trading saw a broad rally. Strong demand and supply concerns lifted futures and spot quotes across key markets.

Cotton Market Sees Record Highs Amid Advancing Prices

The Aug 26 Cotton Exchange report shows prices climbing to record highs on improving demand and bearish crop outlook. Strong gains in New Orleans and New York, with futures near 16 cents, reflect better rains in North Texas and Oklahoma and expectations from upcoming government reports.

New York Cotton Opens Higher Then Pulls Back

The New York cotton market opened up 7 to 9 points on heavy realizing but soon moved lower amid cautious week end profit taking. December started at 15.84 cents and January at 15.86, slipping to 15.44 and 15.69 as prices retreated about 5 to 10 points from the prior night close. A private report suggested Mississippi crop prospects may be weakened.

New York Contada Mississppi

Cotton futures close steady amid volatile August trade

New York cotton futures held steady with October at 15.65 cents and January at 16.85 cents as traders balanced near term demand against longer month contracts. The session saw mixed highs and lows and notable turnover totals across listed months.

New Orleans Cotton Ends Mixed as Markets Rise and Fall

In New Orleans the cotton market rose early but faded with weekend selling. Buyers covered declines pushing December and March futures higher while December closed modestly up and the day overall finished steady.

Cotton futures steady as markets close irregular in RAN

In Ran, Louisiana, cotton futures held steady with October and December contracts quoted around 15.82 to 15.90 cents. January 15.70 cents, March 15.90 cents, and May 16.04 cents, with markets closing irregularly in light trade.

Ran Cotton Ned Steady Tures

General business in good condition report

Bradstreet & Co. reports general business and trade conditions as average or better. Trade and industry are active with firm or advancing prices for most products despite crop concerns and uncertain railroad outlook. Banks clearings for the week total $4,221,994,000, up 5.6 percent from last year.

Bradstreet & Co

Shippers Market Prices for Texas Produce in San Antonio

Buyers paid posted rates for country produce delivered Saturday in San Antonio. Butter and poultry values held steady with creamery butter at 75 30c per pound and country butter 18 20c. Hens sold at 6.00 to 7.00 per dozen, large fryers 6.50 to 6.60, broilers 3.00 to 3.50 each, turkeys 17 to 18c per pound, ducks 4.00 to 5.00 per dozen, geese 4.50 to 5.00.

San Antonio Texas Texas Creamery

Chicago market report butter prices and receipts

Chicago on August 26 reports butter receipts 10 714 tubs with creamery extras 60 63 cents, firsts 25129 cents, seconds 26 27 cents. Eggs unchanged with 8 641 cases. Potatoes and cheese steady. Poultry alive easy with fowls 14 11 cents and springs 20 20 cents.

Chicago

Market Quotations From Kansas City August 26

Quotations for butter show creamery 28 cents firsts 26 and seconds 23 with packing at 33 and three quarters cents. Eggs firsts 26 and a half cents. Poultry lists hens at 15, roosters 10, and broilers 18 cents. New potatoes easy. Kaw valley early potatoes at 1.05 dollars.

Kansas City Kaw Valley

Wholesale Markets Show Wide Range of Fresh Produce

Wholesale to trade lists prices for potatoes onions tomatoes celery cabbage peppers and many other vegetables and fruits. Texas New Red potatoes $2.85 per cwt white potatoes $8 per cwt California onions 4.4 cents per pound etc. Also includes canned goods sugar coffee rice flour and meats with per unit prices for items like roast beef corned beef and sardines.

Texas California Columbia River Alaska Srektea Sudan

Strength of Steel and Immense Sales on Wall Street

The grain market week ending today shows over a million bushels of wheat absorbed for export with prices at top levels. Corn and oats follow wheat rising then easing. provisions rise with hogs then retreat. Liverpool price moves mixed as Canadian Northern report weighs. futures close weak with spring weather noted.

Chicago Liverpool Prerren Canadian Northern Railroad Eastern Shorts

Wheat and corn prices reported for Kansas City market

Wheat No 2 hard quoted at 1.49 to 1.56 dollars, No 2 red at 1.53. Corn No 2 mixed 82 82 1 2 cents, No 3 yellow 83 cents. oats No 2 white 47 48 cents, No 3 mixed 4 49 cents.

Chicago Aus Kansas City

Grain price listings from St. Louis market

In St Louis on August 6 prices for oats and corn show No 2 red and No 2 hard corn at about 1.58 to 1.63 per unit with slight spreads. No 2 white oats trade around 44 to 45 cents per bushel and No 2 white oats listed nominal.

ST. Louus

Provision Markets Local Packing Prices for Dealers

Local packing house quotations listed for Saturday include dry salt extras at 16 4 cents and bacon extras at 17 cents. Dry salt bellies 14-16 pounds average 18 cents, fancy breakfast bacon 27 cents, fancy hams 21 cents, bacon bellies 14-16 pound average 20 cents, pure lard 18 ½ cents, compound 11 ½ cents.

Turpentine and Resin Firms Report Mixed Activity

Savannah daily bulletin notes turpentine firm 42 percent with 490 sales 694 receipts 83 shipments and stock 19 102 while resin firm reports 17 sales 2097 receipts 110 shipments and stock 70 420. Commodities index shows assorted runes and prices from C D EB F G H I K M N O W G W W.

Savannah C. D N. O W. G W. W

Butter Prices Dip at Elgin Market

Ul Aug 26 in Elgin, butter prices eased with 54 tobs at sic head ad.

Elgin Sic

Temperatures and Weather Data for Houston District

Temperatures rainfall and weather remarks for the Houston district stations for the 24 hours ending 8 a m 76th meridian time report generally normal conditions Buell meteorologist Weather Bureau notes in the Cotton Region Bulletin from San Antonio Texas dated August 26.

San Antonio Tex Houston Ae Weather Buell Weather Bureau

Luling Market Reports Strong Cotton Prices Aug 26

Luling Texas market notes cotton up over two dollars and cotton seed up one dollar per ton. Prices average around 15 1 2 cents for standard bales with round bales a half cent higher. Cotton seed at 36 dollars per ton. Farmers accelerating payments and banking. Ginners operate heavily amid high activity. August receipts expected over 6000 square bales and 8000 round or half bales.

Luling Tex

Freight rate readjustment postponed to November

The Interstate Commerce Commission freight rate order from Shreveport to East Texas points, set to take effect October 1, was postponed to November 1 to allow railroads extra time to readjust to the new conditions.

Washington, D. C Interstate Commerce Commission Shreveport East Texas

Senator Sorghum on fighting for his part of the country

The Washington Star quotes Senator Sorghum remarking that while he cannot guarantee fighting for the entire country, he is certain his colleague fights for his own region whenever an appropriation is proposed. The exchange underscores local loyalty over national scope.

Senator Sorghum Washington Star

Texas plans massive film campaign to boost immigration

Austin July 26. Arrangements are complete to show 60 000 feet of film highlighting Texas agriculture commerce and history to 30 000 000 people over 190 nights in the open free to promote immigration. State officials and Paragon Feature Film Company coordinate with railroads schools and industry to publicize Texas advantages. Contact O W Lamp Capitol Station Austin.

Austin Tex Texas North Illinois New York Fred W. Davis C. Klaerner Sinclair Moreland

Live Stock Markets at Port Worth Cattle Hogs Sheep Report

Port Worth Live Stock market notes from Fort Worth Texas dated August 26 show cattle receipts 325 with steady market and prices ranging from calves 4.50 to 9. Hogs receipts 500 with heavy to mixed trades listing 10.15 to 10.45 and a top around 10.36. Sheep receipts none with lambs 9 to 9.75 and yearlings 6.75 to 7.25.

Fort Worth Tex

Chicago Live Stock Prices July Market Report

Chicago hogs receipts 12 000 head market strong bulk 10 45 11 00 Weht 10 60 9 11 12 daily mix 8 10 15 10 heavy 10 00 11 25 rough 10 00 4 19 25 pigs 7 40 9 50 cattle receipts 700 head market dull beeves 6 50 10 89 cows and heifers 3 20 8 50 stockers and feeders 4 75 7 65 western 6 25 8 50 calves 8 50 11 75 sheep receipts 1000 head market sheep 10 25 10 75 lambs 6 50 10

Chicago

Live stock market wrapup from St. Louis fair

Hogs receipts 2500 head market higher. Prices: pigs and lights 7.50 10.90, mixed and butcher 10.80 11.10, good heavy 11.00 11.10, bull 10.70 11.00. Cattle receipts 700 head, market steady. Native beef steers 7.00 10.75, yearling steers and heifers 8 10.25, cows 6.50 7.75, stockers 5.30 8, Texas steers 5.50 8.50, prime southern steers 8. Ow cows and heifers 4.50 8, prime yearling steers and heifers 7.50 9.00. Sheep receipts 400 head, market steady. Lambs 7.41 0.50, slaughter ewes 5.00 7.25, bleating ewes 9 14, yearlings 6 9.00.

ST. Louis Texas Sheen

Trading Active In Grain Market For Week Just Ended

New York August 26 activity rose in the grain market with higher price levels. Five full trading days and two 1,000,000 to 1,300,000 share sessions brought total around 4,800,000 shares. United States Steel led gains near a 99½ cent high, driving the upswing with strong demand seen as confident, supported by favorable metal reports and dividend news. Copper producers reported foreign sales commitments into mid 1917, while rail strikes and declines in Union Pacific, Norfolk & Western, Anaconda, Utah, Inspiration Copper weighed on some issues. Canadian Pacific rose 4½ points as steel moves hardened, though overall trading remained desultory with a steady close and irregular bonds. A final weekly table contrasted prices with the prior week.

New York United States Steel Union Pacific Norfolk & Western Anaconda Utah Inspiration Canadian Pacific

Money markets report on New York trading activity

Mercantile paper at 14 38 percent. Sterling exchange with sixty day bills at 4.71 percent and demand 4.75 percent. Cables 4.767-16. Guilders demand 41 percent and cables 41 percent. Bar silver at 66 2/3 cents. Mexican dollars 50 2/3 cents. Government bonds steady. Railroad bonds irregular.

New York Mercantile Paper Sterling Exchange

Kansas City Market Report Aug 26 With Grain and Livestock Prices

Receipts: hogs 500 head at 10.20 to 10.65 for heavy. packers and butchers 10.25 to 10.70. light 10.20 to 10.65. cull up to 9.75. Cattle 100 head steady. prime fed steers 9.50 to 10.75. dressed beef steers 7.50 to 9.25. cows 4.50 to 7.00. stockers 5.50 to 8.00. Sheep: lambs 9.75 to 19.50. yearlings 7.25 to 38.00. wethers 6.75 to 7.50. ewes 6.50 to 7.00. Hides and beeswax prices firm. green salted hides 18 to 24 cents. dried and other hides varied. beeswax 25 cents. Tallow per pound not stated.

Kansas City

London Metals and Rates Report

Bar silver quoted at 81 9 16d per ounce with money at 4 percent. Discount rates listed: short bills 8%, three months 5%, and other rates shown as 5% in both columns.

London

Bank clears shows excess reserve held by New York banks

Aug 26 report states clearing house banks and trust companies hold 125,390,860 in excess of legal requirements, down 2,202,860 from last week. Details show changes in reserves, deposits, circulation, and commodity prices listed for various grains and beans in markets.

New York Federal Reserve Bank

War's Effect on Business Conditions Accurately Gauged

Washington reports a global view of wartime business activity. The Bureau of Foreign and Domestic Commerce finds a prewar dip after July 1914 with a four to six month low period in many neutrals and a later uptick in belligerents. The study covers U S Canada Europe and other regions and includes trade, gold flows, rail receipts and production data with Senator Simmons notified for distribution of Senate Document No. 477.

Washington, D. C United States Bureau of Foreign and Domestic Commerce Simmons North Carolina Senate Finance Committee Canada England France Germany Austria-Hungary Italy Russia Spain Sweden Argentina Brasil Australia Brigndia British South Africa Egypt Japan Senate Culberson Sheppard

Coffee Futures Steady in New York Market

New York August 26 coffee prices held steady with No 7 and higher grades quoted. September futures at 9.81 cents and December at 9.32 cents as prices reflected quiet trading.

New York

Probe of Texas cotton seed price complaints ordered

Washington Aug 26 Attorney General Gregory directed the Bureau of Investigation to probe vigorous complaints by Texas and other cotton growing states alleging a conspiracy by seed buyers to fix cotton seed prices. If verified, vigorous prosecutions under the Sherman anti trust act will follow. Previous year's reports lacked specific facts.

Washington, D. C Texas Grego Bureau of Investigation Secret Service Department of Justice Gregory

Marine Intelligence Galveston August arrivals and departures

Galveston dispatch lists ships arriving and sailing on August 26 including Norte from New York Tamest Tampico Andrea Gribaltar and Concho El Mund New York Mexicano Tampico New Orleans Rie Grech and Marseilles among others.

Galveston Tex I’ Norte New York Tamest Tampico Andrea Gribaltar Concho el “Mund Mexicano New Orleans Marseilles

Oil price drop posted by Magnolia Pe Company

A five cent decrease in light crude oil prices was posted today for Corsicana Electra Oncetta Thrall Strawn and Moran field oil. The quotation stands at three cents per barrel.

Dallas Tex Corsicana Electra Oncetta Thrall Strawn Moran Fields Magnolia Pe Company

An Easy Choice Says Denver Cleric at Dinner

Bishop Sanford Olmsted rebukes mercenary church charges at a Denver dinner. He cites a prison chaplain who faced a mocked inmate who accuses preaching for money. The chaplain retorts that both preach and steal for money, letting God decide.

Sanford Olmsted Denver Parson

Also Mentioned on This Page

Umantan U. S. Department of Agriculture Weather Bureau Bureau Catton Exchange Oklahoma Journal of Commerce Alabama Mississippi Houston Galveston, Tex Newark NEW York Futures Denber Marucheau Grain CO San Antonio, Tex Shippers’ Market Washington Elbertas Malaga Livornia Choice Rio Arbuckie Ariosa Maxwell House Ste Bbc Wall Street Chicago Grain Futures C. Oates Atkorg U. S Department OF Agriculture Weather Bulletin Cherron Allen Buell Ant Cotton Region Bulletin Clouay Ballinger Clear Reville Wee Lear Brenham Clear Clear Brownwood Clarendon Preidy Corpus Chriati Clear Cuero Clear xDel Kilo Clear Dublin Ee Oe Clear Eastland A Galveston Oe Clear Greenville Clear Haskell Clear Henrietta Clear Hondo Clear xHouston Clear Hunteville Oe Clear Kerrville Temple Weatherford Wilmington N. C Augusta Mobile Montgomery Ala Memphis Luling Market O. W. Lamp Capitol Station Texre E- Port Worth Chicago Livestock Allie-Chalmers Werner American Car and ‘Foundry Atchisons Atlantic Coast Line Baltimore & Ohio Bethlehem Steel Ee Chesapeake Mil St Sheen Chi. R. T. & Feee Ih Consolidated Gas Crucible Steel Aeere Erie General Electric Sf Great Northern Pida Ae Great Northern Miiaole Central Int Merc. Marine Pfd. Ct Kaneng City Southern Louisville & Nashville Liggett & Mers Lorillard Company Maxwell Motors Mexican Petroleum M & Videe Missouri Pacific National Lead New York Centra Y U Norfolk & Western O Northern Pacific Vennseylvania Rep Iron & Steel Seaboard Air Line Sloss Union Pacifi Etter United Fruit Tree Ee United States’ Rubber Uv & Ref Va. Iron, Coal & See Virginia Carp Wabash Pfd Western Union Westinghouse Electric Kennecott Money Markets NEW York Money National Bank Iin Carranza Money Bank of London & Max Brazil ARLIC Randy Bayos the Central Trust Co Bank and Trust Company Our Land Department John W. Warren John J. Stevens Albert Steves John Fest Otte Wabrmand O. Terrell Jesse JD. Oppenheimer Charles Schreiner R. Russell Adolph Wagner Alexander Joske G. Bechtel Fred . Cook John T. Witsoe Fam C. Bell Alfred Duertes W Nerrett Adolph Herff T. Priest Atlee B. Ayres Bureau of Commerce Cotton Statistics Baltes Lacre Great Britain Continent Mexico Stec Marine Intelligence Phone Crockett San Antonio, Texas Mexico City Vera Cruz Mexican Republic Paris Madrid
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