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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Aug 29, 1917
Page
11
Daily quotation roundup shows middling grade cotton delivered at market sites. San Antonio 2185, Dallas 1635, Houston 2413, Galveston 9043, New York 149, New Orleans 2040 650, Liverpool 18.45 3000.
Reports of rains in Texas and favorable private bureau data boosted buying in the cotton market. New York opened 10 to 20 points lower with active months down 25 to 30 points, then recovered modestly as weekly reports disappointed. New Orleans fell 16 to 22 points, San Antonio spots at 21.85 cents.
News from New York reports rainfall in Texas and a favorable Oklahoma crop outlook renew selling. Early session shows futures down 10 to 30 points with October near 22.0 to 22.4c and January around 22.0 to 22.6c. Private crop condition listed at 69.4 vs 74.1 last month. market closes barely steady.
Cotton futures in New York open steady with October at 22.19 cents, December 22.26, January 22.17, March 22.37, May 22.49. By Wednesday’s close, losses ranged 13 to 19 points amid a day of mixed trading and varied intraday highs and lows.
New Orleans August 29. Rains in Texas and favorable private bureau reports on conditions spurred selling as the cotton market declined about 25 points.
Private owner offers a two story residence near the post with three bedrooms two baths a south sleeping porch and hardwood floors. Features include a large hall living and dining room kitchen on the first floor and modern conveniences throughout. Priced at 6250 dollars, shown by appointment only through Land Dept Central Trust Co.
Five rooms and sleeping porch in an excellent Baity South Park location. Recently painted and papered with high grade paper. You need not spend a dollar on this property. Immediate possession offered. See Mr Covington at Nicholson & Furniss, Rockett 1024.
A cryptic notice from Box 02 Nocona Texas seeks to contact owners of large stock farms and ranches interested in sale through a correspondent. No other details provided.
Early trading showed moderate volume with shorts slow to cover against a pending bureau report. Texas spot cotton strengthened while buying set in and prices rose to 13 to 20 points above yesterday by noon. Short covering extended into the afternoon with active months gaining 16 to 25 points before closing 16 to 23 points lower net.
New Orleans cotton futures opened steady with October at 21.32 cents, December 21.38, January 21.49, March 21.64, and May 21.84 cents. The session showed varied moves with earlier highs and lows listed, though deterioration in some price points is noted by week-end closes.
Liverpool August 29 spot cotton with inquiry rising and prices up 5 to 10 points. American middling fair at 19.43d and good middling at 18.95d amid 3000 bales sold, 2800 from America. Futures higher with August at 17.35d and later months detailed. no receipts.
The report lists yesterday stock at six tenths of a bale and last year’s stock at 457,642 bales. It also shows a second stock figure of 418,93 for the same day last year and notes an excess of 16,388 bales for the season.
Weather data for the Houston district reports below normal temperatures in Oklahoma Western Arkansas and Northwestern Texas with scattered showers across Arkansas and Texas. Heavy rain measured in Louisiana and several Oklahoma and Arkansas stations while Mississippi Alabama and parts of Florida report lighter showers and favorable conditions for other crops with boll weevil noted in the north and central areas.
Complaints pour in from various parts of Texas to the State Warehouse and Marketing Department about light cotton bales. Some bales are 9 to 10 pounds under the stated weight. A 35th Legislature amendment to the weights and measures law took effect August 17 but may not be operative until about September 1. After that, noncompliance will be prosecuted.
Chicago reports a mixed corn session with frost in the northwest and favorable belt conditions. Prices eased early but late-session gains in cash markets supported December at 1.08 and May around 1.05. Wheat saw waiting, oats drifted, and provisions rose with live hogs.
Quotations for corn oats and other grains appear jumbled with prices and percentages. The snippet shows open close low and percentage figures but lacks clear context or full commodity details. The readable elements indicate market chatter rather than complete trade data.
Chicago prices show No 2 red and No 2 hard at 2.26 and 2.82. Corn values at No yellow around 1.97 to 1.98 and standard grades near 1.05 to 1.36 amid varied trading.
Cash wheat higher, No. 2 ha 10 2.45, No. 2 red $2.12 2.15. Corn steady No. 2 mixed $1.79 1.80, No. 2 white $1.90. Oats steady No. 2 white 57 c, No. 2 mixed 66 c.
Kansas City report shows December corn at 1.08 dollars and May at 1.05 dollars.
Wheat cash markets in St Louis show steady pricing with No 2 at 2.18 to 2.22, No 2 hard at 2.22, No 2 white at 1.86 for No 2 and 56c for No 3. short report notes steady movement across standard grades.
Wholesale price changes show butter increasing with Texas creamery at 37 to 40 cents and country butter at 30 to 40 cents. Poultry prices also rise with large springs 24 to 26 cents, medium springs 22 to 24 cents, and small springs 22 to 23 cents. No changes reported for fresh fruits vegetables eggs provisions esmll products grains seeds and rides.
Shippers report jobbers prices to retailers or payers with limited commissions. Eggs sell around 34 cents per dozen with candles noted. Butter ranges Texas creamery 37 cents, country 30 cents. Poultry prices rise with hens 17 to 18 cents per pound, roosters 12 cents, large springs 24 24 cents, mids 23 2 cents, small 22 23 cents. Broilers 2.50 to 3.00 per dozen. Turkeys 18 to 19 cents per pound, ducks 7.06 to 8.00 per dozen, geese 9.00 to 10.09.
Union Stock Yards report Aug 29 shows hogs up 15 to 40 cents in Chicago Kansas City Fort Worth and St Louis while cattle slip and sheep gain. Receipts total 318 cattle 3280 calves 63 horses 142 hogs 142 for city trade 317 cattle 390 calves.
Quotations dated Aug 29 report butter receipts 10 527 tabs with creamery prices for extra firsts and firsts. eggs receipts 9413 cases with price ranges for firsts and ordinary firsts. potatoes lower with Virginia Virginia barrels and Jersey bulk prices. Minnesota bulk prices. poultry alive with fowls and springs price ranges.
Quotations for butter creamery firsts 3743c, seconds 36c. Egg fees firsts 35c seconds 28c. Poultry: hens 19c, roosters 12 to 44c, broilers 22c. Potatoes steady at 1.10 to 1.25 per unit.
Fort Worth Texas on August 29 reports cattle receipts at 10 000 head with market steady to higher. Reeves stockers and heifers mostly 6 59 to 10 00, cows 4 50 to 7 75, bulls 5 7 to 6 16, calves 6 10. Hogs receipts 1500 head market about 25 cents higher with heavy hogs 17 16 to 17 2? per cwt. Sheep receipts 250 head market steady lambs 15 14, yearlings 9 50 to 10 50, wethers 9 40 to 10 10, ewes 9, culls 6 7, goats 4 to 7.
Local packing house quotations to dealers include dry salt extras 26c bacon extras 8c dry salt bellies 14 16 pound average 29c fancy breakfast can 40c fancy hams 261c bacon bellies 14 16 pound average 32c pure lard 24c compound 18c American cheese 7c per pound.
Hogs receipts 9000 head, market strong and 15 to 25 cents higher. Top 18.10, hogs average 16.65 to 18.10. Cattle receipts 22,500 head, market steady to 15 cents lower. Native beef cattle 8.20 to 16.25, western steers 7.00 to 13.50, stockers 6.00 to 9.25, cows and heifers 4.65 to 13.15, calves 12.00 to 16.25. Sheep receipts 15,000 head, market steady, wethers 7.90 to 11.25, lambs 11.00 to 17.00.
Kansas City market report lists hog receipts around 4000 head with bulk prices 17.00 to 18.20. cattle receipts about 14,000 with prime fed steers 15.00 to 16.00 and cows 6.00 to 10.00. sheep receipts 5000 with lambs 16.00 to 17.00 and yearlings 10.50 to 12.50. Prices shown reflect current market levels.
The Seattle Post Intelligencer reports a record Pacific coast salmon run with 10,000,000 cases including Alaska catch worth about 60 million dollars. If correct, 480,000,000 pounds would supply less than five one pound cans per American for a population of 100 million.
York reports Rio No. 2 coffee futures holding steady with December at 7.72 cents and March at 7.93 cents as trading closes.
The coffee and sugar markets in New York will be closed on Saturday September 1, with trading suspended for the holiday weekend.
Raw sugar nominal centrifugal 7.40c, molasses 6.52c. Fine granulated steady at 8.40c, 8.50c. Market tone cautious with minor variations across grades.
Turpentine firm reporting for Tuesday shows 720 barrels sold, 446 received, 163 shipped, and stock at 35 533 barrels. Rein firm records 1102 barrels sold, 1708 received, 536 shipped, with stock at 85 419 barrels. Quotations list several grades from B D to N with prices around 5.20 to 5.45 and window glass at 7.00.
U S Department of Agriculture Weather Bulletin reports 7 am observations for Wednesday August 29 1917. Note notes wind under 10 mph and precipitation under .01 inch are not published. A Parrack assistant observer in charge notes temporary assignment at Co A Parrack.
Hogs receipts 3500 head market 25 to 40 cents higher. Lights 17.85 to 18.25, pigs 12.50 to 17.25, mixed and butchers 18.00 to 18.25, good heavy 18.35 to 18.50, bulk 17.75 to 18.40. Cattle receipts 7500 head market slow. Native beef steers 8.00 to 15.50, yearling steers and heifers 7.00 to 14.00, cows 5.00 to 10.00, stockers 6.50 to 9.50, Texas quarantine steers 6.75 to 10.50, prime southern beef steers 9.00 to 12.50, beef cows and heifers 6.00 to 10.00, prime yearling steers and heifers 7.50 to 10.00, native calves 5.75 to 7.??. Sheep receipts 4500 head market prospects steady. Lambs 11.00 to 16.75, ewes 9.00 to 9.50, wethers 10.50 to 12.00, canners and choppers 4.50 to 6.50.
A discussion of misinformation about wartime economy and the impact on the good roads movement. It notes the Society of Automotive Engineers and the quartermaster's department have set truck specifications for 38 000 military machines, derived from Mexican border use, arguing stronger roads would reduce costs and bond interest for highway construction nationwide.
New York trading opened with stocks resuming after a setback session. United States Steel slipped to 11514, then rallied to 119. A firmer late first half hour lifted steels to 119% and supported rails and shippings. Bond quotes held around Liberty bonds at 99.94 to 99.98.
Trading in Mexican money in San Antonio on Wednesday shows mixed quotes for various notes. Prices for silver and pesos are listed alongside state and national bank notes with fractional percentages.
New York reports firmer time loans with varying maturities and rates. Details show 69 days at around 4.1444 percent and 99 days near 4.50 percent, while call money operates higher with bids around 2.3 percent and closing near 2.0 percent through the day.
New York August 29 Mercantile paper quotes 4% percent sterling rates with sixty day bills at 4.72 and commercial sixty day bills at 4.71 percent. Demand for bills stands around 4.79 16 with cables 4 7 16. Guilders demand 4 2 percent, cables 4 2 percent. Market for Mexican dollars 0.6 cents and silver at 89 and 1/2 cents.
London reports bar silver at 45d per ounce with discount rates for short bills at 4 1/2 percent and three months bills at 4 13-16 percent.
From New York and East St Louis briefs metal markets show lead steady at around 103 percent with slight changes in spot delivery. Copper remains quiet with electrolytic spot values near 24 dollars and 26 cents for September and Q4. Iron is firm, tin steady, and overall exchange quotes reflect a calm trading day.
London market notes show spot and futures prices for lead, zinc, tin, and electrolytic variants. Spot lead at £30 10s with futures £29 10s, zinc £54 and £508 futures, tin spot £242 10s with futures £240 17s 6d.
New Orleans millers report robust demand for rough rice with 19 434 sacks on Rough. Sales include 3333 rough 1327 Carolina at 6.85 to 6.99 per unit. Honduras 4948 pockets quoted 5.76 to 7.0 for rough, 64 74 for Blue Rose. Prices for polished rice per ton 48.00 to 70.90, bran 38.00 to 40.00.
An exchange argues that road improvement is not a luxury but essential for agricultural output, enabling farmers to expand operations and boost profits as material costs rise and labor challenges persist during wartime. It urges continuous road construction despite adjustments to war conditions.
A dense catalog of wholesale rates for field crops, fruits, vegetables, dried fruits, canned goods, meats, and farm supplies. Listings include onions, potatoes, cucumbers, tomatoes, okra, lettuce, apples, oranges, grapes, figs, dates, coffee, flour, corn, oats, hay, nuts, hides, tallow and beeswax. Prices are quoted per dozen, per crate, per hundredweight, or per ton with regional varieties and pack sizes noted.
In New York on August 29 cotton goods for commercial needs were quiet with gray goods prices easy. Brown and bleached domestics held fairly steady while colored goods remained firm. Jobbers reported quiet trade as buying for government purposes was large and men’s wear lines and silks were quiet.
In New Orleans on August 2 the market showed continued strength with active demand. Receipts totaled 18 263 sacks rough Honduran and 2681 sacks mitlers. sales included rough Honduras 18 346 sacks and Carolina 712 sacks at 6 40 to 6 85 cents. clean Honduras 3458 sacks. rough Honduras stations 6 102 and 0 95 cents. other figures unchanged.
A detailed Army orders roster assigns division officers to camps Beauregard Bowie Dodge Travis MacArthur Taylor Sevier Meade Upton Mcclelland Sherman Sherman roles include quartermaster adjutant staff and inspectors. Retired officers shift to camps Sevier and others. engineers and medical corps allocations spread to multiple depots and regiments nationwide.
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