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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Aug 27, 1917
Page
9
Quotations for middling cotton shown for San Antonio Houston Galveston New York New Orleans and Liverpool with prices delivered at markets. Sales figures and totals accompany the listings, indicating daily basis trading data for the country’s cotton market.
The market opened steady but weakness followed on favorable weather and crop reports. New York and New Orleans showed early gains then turned lower, with October around 21.43 and January near 21.64. By afternoon, futures and spots weakened, though New York and New Orleans later closed higher than Saturday. San Antonio spots quoted at 21.7bc.
The New York cotton market opened with a sharp rally but soon weakened as offerings increased. October and January contracts fluctuated, edging around 21.40 to 22.13 cents with brief gains on renewed covering and reports on crop conditions triggering buying.
Futures closed Monday with October at 22.04, December 21.80, January 22.07, March 22.58, May 22.08. Market showed steady open with varied highs and lows as traders priced months ahead.
Cotton prices in New Orleans opened steady and then declined as favorable weather and crop concerns weighed on the market. By midmorning most active months were about 7 to 41 points below Saturday's close, with intraday lows around 47 to 48 points down before a late realizing rally pushed some contracts back near last week's close. Private crop deterioration reports spurred short covering, lifting prices 17 to 29 points from the morning lows as trading continued toward 1:30 PM.
New Orleans cotton futures opened steady on August 27 with contracts showing October at 20.85, December 21.00, January 21.15, March 21.27, and May 31.47. Highs and lows are listed for the session but figures are partially obscured in the print.
Spot cotton in Liverpool moved slowly with prices down about 60 points. American middling quoted near 19.234, good middling 18.£0d, middling 1 £.30d, with 1700 of 2000 bales sold being American. Futures also slipped, with August at 37.15d and other forward prices listed.
Clear skies prevailed in the cotton region for 24 hours ending 8 am with temperatures generally below normal. Minimum 66 degrees in the eastern and central districts. C A Parrack assistant observer reports temporary weather bureau charge.
Market report notes cotton seed quotations in New York on August 27 with prices and bidding activity. Details focus on bid levels, supplier offerings, and short-term price directions.
New York reports raw sugar nominal and refined values with centrifugal at 7.40 and saccharine grades around 8.20 to 9.65. A refiner cut fine granulated to 3.35, while other grades list 8.26 to 9.75 and related products show mixed quotes across common denominated terms.
Wholesale prices for fresh country produce include onions at 30 16e per dozen, various tomatoes and fruits with California and Texas origins, and per hundredweight rates for potatoes, yams, corn, and peaches. Handlers list beans, raisins, olives, and canned goods with exact crate and box pricing across multiple states.
A Topeka businessman used two Black workers for his garden project. One morning worker Sam failed to appear and was asked about his absence. He reportedly claimed Sam was in the hospital after a series of alleged threats between him and his wife.
In Chicago on August 27, corn buying driven by cool northwest weather kept futures firm early, but ample offerings trimmed gains. December moved from 1.07 to 1.09 and May from 1.65 to 1.99, with final close near the top as frost concerns lingered. Oats rose slightly, while provisions led early gains aided by short covering and hog market recovery.
Quotations show No 2 red wheat at 2.15 to 2.16 dollars and No 2 hard at 2.28 to 2.30. Corn No 2 yellow ranges 1.80 to 1.90 dollars, oats standard 53 to 55 cents, barley 1.06 to 1.28 dollars.
Grain futures closed mostly firm with wheat at September 2.20, corn at December 1.09 and May 1.06 dollars, reflecting modest shifts on the Kansas City market.
Kansas City report shows cash wheat at 2.40 to 2.60, No 7 red 2.0 to 2.0, No 3 intermediary at 1.79 to 1.80, No 2 corn around 1.84, oats white 58 to 58.5 cents, and other unspecified figures. The excerpt provides spacing and typographical issues in pricing figures.
The St. Louis cash grain market reports prices for No 2 red, No 2 hard, and coinage varieties. Quotations show No 2 red around 1.18 to 2.21, No 2 white near 0.53 to 0.56, and additional notes on cointe and white grades.
Topeka Kans Aug 27 Indications point to a substantial reduction in fall wheat acreage in Kansas as farmers worry about harvesting labor shortages this summer. Letters to the state labor commissioner reveal farmers asking about available help before planting large acreages.
In Belleville Richland County about a hundred men were subpoenaed to testify as witnesses as authorities move to arrest bootleggers. Barney Galloway of Marysville and A J Tubagh of Woodsfield, state liquor license inspectors, posed as tramps and camped along the creek collecting evidence against several prominent citizens.
In Wallace Louisiana B V Brown of St Regis Montana jumped from the pilot of a locomotive to pull Innes Lanpher age 11 and her 2 year old sister from a freight train path. He dragged them clear as a ge eraft stalled on the tracks and was struck by the engine but escaped serious injury.
A lighthearted remark from Mr Ings praises an optimistic cook who makes the best of situations. The speaker jokes about finding such a cook and the cheerful approach they embody.
Local markets report price changes on Monday for several items. Texas plums fall to 2.15 per apple box, California lemons to 8 per box, Malaga crapes to 2 per crate, black at 1.86, Arbuckle coffee down to 20 percent, and California dried beans bayos rise to 12 per hundredweight.
Shippers report steady wholesale prices to retailers and paid shippers. Eggs in Texas country candled 4.5 per dozen. Butter Texas creamery 82 36 cents per pound. Poultry steady with hens 16-17 cents per pound roosters 11-12 cents, large springs 22-23, medium 22, small 20-21, broilers 2.50 to 3.60 per dozen. Turkeys 17-18 cents per pound. ducks 7-8 per dozen. geese 9-10 per dozen.
Quotations for to day list Putter receipts at 15 556 tabs with various creamery extras and firsts prices. Eggs receipts reach 127 603 cases with firsts and ordinary firsts shown. Potatoes receipts total 75 cars with Virginia and Minnesota price details. Poultry alive quotes include keawls and springs with specific per pound ranges.
The Kansas City market report lists creamery 29 cents, firsts 3743c, seconds 36c, packing 4c. Eggs firsts 35c, seconds 28 to 50c. Poultry hens 19c, roosters 12?c, broilers 21 to 22c. Potatoes steady at 1.15 to 1.25.
Local packing house quotations to dealers for Monday include dry salt extras 26 for bacon extras 28 dry salt bellies 14 14-pound average 29 4c fancy breakfast bacon 40¢ fancy hams 264c bacon bellies 14-16-pound average 32¢ Pure lard 24% compound 186 American cheese 27¢ per pound
New York cotton goods for non government use remained quiet with firm values except print cloths which slipped up to half a cent. Fine bleached cottons rose one cent and all colored cottons stayed firm. Scarcity of widths and counts noted as producers work to offer retail items within fixed price ranges.
Wind velocities under 10 miles per hour and precipitation under .01 inch are reported here. C A Parracs, Assistant Observer, temporarily in charge, notes the data and signs the bulletin.
Union Stock Yards Aug 27 The northern market held steady for cattle hogs and sheep at most centers with Chicago showing strength and price advances. Overall receipts reached 3138 cattle 274 calves 4 horses 106 hogs with 286 cattle 214 calves 105 hogs destined for city trade.
Fort Worth Texas cattle receipts 123000 with steady market. Prices: cattle ranges 6.50 to 19.00 for various classes, hogs heavy 16.65 to 16.75, light 16.60 to 16.66, sheep lambs 13.00 to 14.00, yearlings 9.50 to 10.60, wethers 9.00 to 19.00, ewes 5.00 to 9.00, goats 5.00 to 7.08.
Receipts and price ranges for hogs cattle and sheep in Chicago on August 27 show hogs market up 10 to 25 cents with top at 17.45 and bulk 16.15 to 17.15. cattle receipts 25,000 with best bids 7.00 to 12.40 for native beef and western steers. stockers cows calves and feeders also listed. sheep receipts 10,000 with steady to higher prices for wethers and lambs.
Receipts at Kansas City include hogs 1 000 head with prices 16.50 to 17.40, cattle 1 000 with steers 14.00 to 18.50 and cows 5.75 to 10.00, and sheep 5 000 with lambs 16.35 to 16.75, yearlings 10.66 to 12.00, and ewes 5.50 to 1.00. Market overall steady across categories.
St Louis stockyard reports August 27 with hogs and cattle showing steady to firm trade despite poor quality. Hogs mix to good weights range from 12 to 18 dollars. cattle include native beef steers up to 15 dollars and cows around 6 to 10 dollars. sheep listings show lambs 11 to 16 dollars and ewes 9 to 9.5 dollars.
Austin notice reports Sears Roebuck and Company of New York City received a Texas state permit to do business with capital stock of 85 million dollars. The filing fee was 2500 dollars. Texas headquarters are in Dallas, with H A Rubel as state agent. It is the department's second largest permit after Swift and Company.
Houston August 27 T J Caldwell Austin attorney and board member of the Federal Bank of Houston will be named temporary secretary to succeed Governor W J Hobby at a directors meeting here Wednesday. He is expected to be recommended to the Federal Farm Loan Board in Washington for permanent appointment. The secretary must be chosen from among the directors.
A garbled text fragment mentions an afternoon, help, and waking or willingness. No clear event, persons, or organizations are identifiable for a full news card.
Middle River Minnesota fire destroyed the barn of farmer William Huff nine miles south of town. Huff says a bird carried a twig with a glow into the hayloft from a nearby brush fire. A team of valuable horses perished in the blaze.
Opening trading shows firm tendencies with rails steels oils and tobaccos rising. Industrial declines widen after Bethlehem Steel plan delay. Rails specials lose ground as shippings metals and oils slip in final hour. Liberty bonds quoted near 99.40 to 89.96.
Trading in Mexican money in San Antonio Monday showed bids and asks for silver pesos and various bank notes. Quotes include State bank notes at 11 and National bank notes at 17, with other items around 18 and 12 percent rates noted.
The loans are steady with 60 days at 4 4 percent and 90 days at 4 percent. Six months note yields 5 6 4 percent. Call money remains steady with high 2, low 2 4, ruling rate 8, closing bid 2, offered at 2 percent. Last loan 2.
New York market note lists mercantile paper at 4.475 percent with sterling at 0 day rates. It records 60 day bill quotes on banks around 4.7134 to 4.714, demand at 4.759-16, cables 4.757-18, guilders at 41 percent, silver 88½ cents, Mexican dollars 9e. Government bonds steady, railroad bonds irregular.
In New York metal markets on August 27 lead stays steady with spot at 19 1/2 percent, shelter dips, copper dull with spot and nearby steady near 24.50 to 26.60 for September and Q4, iron steady with No 1 southern at 49.00 to 430.00, No. 2 at 48.60 to 49.80, tin quiet with spot around 62.
Lead prices show spot 30 10s with futures at 9 9 19. Spelter trades spot £54 with futures £50 and electric utie at 1137. Reet serees at £129 spot and £119 futures. Tin at £1241 10s spot and £239 20s futures.
In New York on August 27 a judge meets a young attorney during a campaign stop. The jurist asks about the man’s father and mother, learning the mother died before the father. An hour later the judge again inquires about the young man, who responds with the same grim fate. Coffee futures quoted with December at 1.74 and March at 7.97.
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