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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Dec 16, 1916
Page
7
The report notes yesterday had no major precipitation while the day showed light rainfall. It records .08 inches of daily precipitation and a total of 27.85 inches since January 1 with 1.12 inches excess for the period.
The Union Stock Yards report a very dull day as shipments were light and trading corrected low. Cattle hogs and sheep showed declines from steady, with overall activity weak. In the local yards small receipts included cattle calves horses and hogs and the San Antonio trade accounted for cattle calves and hogs.
Fort Worth stock market report shows dull trading with receipts of cattle and hogs. Steers range 6.50 to 10.00, stockers 5.50 to 7.00, heifers 5.50 to 9.00, cows 4.00 to 5.35, bulls 4.25 to 5.35, calves 4.50 to 9.00. Hog receipts 1500, bulk 9.75 to 10.00. Sheep entries 660 with lambs 9.50 to 9.60, wethers 7.50 to 8.00, ewes 7.00 to 7.75, culls 5.00 to 6.00, goats 3.25 to 5.50.
Chicago Til December 16 receipts and quotations show hogs at 16,000 with the market firm or slightly higher than yesterday. Bulk hogs 9.70 to 10.10, light 9.20 to 10.00, mixed 9.55 to 10.25, heavy 9.5 to 9.65, pigs 7.35 to 9. In cattle, total 500, steady market. native beef cattle 7.00 to 11.75, western stock 6.70 to 10.25, stockers and feeders 5.00 to 8.10, cows and heifers 3.85 to 10.10, others up to 8.50 to 12.00. Sheep receipts 3,000, market steady. wethers 8.85 to 10.00, lambs 1.00 to 13.36.
Receipts show 7500 hogs and 1500 cattle with market steady. Hogs range from 8.00 to 10.35 with bulk 9.80 10.20. Cattle include native beef steers 7.50 12.75, yearlings 8.50 11.50, cows 5.50 8.50, stockers 5.30 7.75, prime steers 8.00 9.00, calves 6.00. Lambs 8.00 13.25, ewes 5.00 8.75, yearlings 9.00 11.25.
Receipts and quotations show hogs steady with bulk at 9.70 to 10.20, nackers and butchers 9.90 to 10.15, light 9.65 to 10.05, pi 8.00 to 9.00. Cattle receipts 800 with 200 southerns, primes 10.60 to 12.00, dressed 7.50 to 10.50, cows 5.25 to 8.50, heifers 6.00 to 10.50, stockers 6.00 to 8.60, calves 6.60 to 11.25. Sheep receipts 1000, lambs 12.09 to 13.00, yearlings 10.50 to 11.36, wethers 8.50 to 9.60, ewes 7.75 to 9.90, stockers 6.00 to 12.00.
New York December 16 cotton goods were steady overall with some print cloth lines weaker. Youngs were quieter and steadier. Wool markets showed gains. Steady to active demand persisted for spring and winter resort wear in apparel lines.
The Lone Star Brewing Company lists scattered beer and ice storage houses and leases across Texas and New Mexico including San Antonio premises on Commerce and River avenues, Lacey Building, Guenther and Schartmann Buildings, and numerous rail and right of way leases. A large inventory covers equipment, buildings, furniture, vehicles, and other property. an official sale notice states an inventory is open for inspection at the San Antonio office as of December 1, 1916.
The quotation provides a basis for local cotton trading with principal market quotes. It notes middling grade pricing and specifies delivered prices unless stated otherwise, outlining terms for selling and valuing cotton nationally.
Cotton futures slid with New York and New Orleans diverging. News of peace talks fueled early gains, but selling intensified late in the session. The close showed a net loss of 31 to 40 points across key months and regions.
New York December cotton opened steady then declined 3 to 6 points as active months fell 17 to 20 points from last night’s close. January touched 18.09 and May 18.53 amid unsettled sentiment on Russia and renewed local pressure. Buyers appeared, with no change in spot news tone.
New York cotton futures opened steady with December at 18.15 and January at 18.25 while March 18.46 and May 16.68, July 18.74, October 16.80. Later, futures closed 31 to 40 points lower. Liverpool set to open Monday 11% to 16 points lower.
A sale notice advertises a sturdy fat attractive young mare labeled Pine Proof 15, listed at a breeder friendly price. Located at E Washington Place, the listing emphasizes value and appeal to potential buyers.
Advertisements show painting and paperhanging services with guaranteed quality. References available from Retail Merchants' Association and local businesses Petrichs Lumber Co and Lockwood National Bank. Contact A. G. Goff Travia 3802 or O. E. Davia Crockett 8210 for prompt, neat work and furnished references.
In New Orleans early cotton trading, the front months rose 1 to 2 points on the initial call but slipped to 16 to 20 points under liquidation as peace talk began. By session end prices steadied with a 10 to 13 point rebound from the low. The overall tone remained nervous and unsettled.
New Orleans December 16 price reports show December at 17.77, January 78, March 18.04, May 13.28, July 1s 45, October 16.49 as futures closed 16 to 20 points higher. Shippers paid varied prices for San Antonio country produce with butter, poultry, and eggs showing firm to very firm levels, including hens 4.25 to 7.00 and turkeys 22 to 23 cents per pound.
Quotations for butter rise and steady, with receipts at 1680 tubs. Creamery extras at 88c, extra firsts 37 1/2c, firsts 34 1/2 85 1/2 c, seconds 32 1/2 3?c. Eggs steady, receipts 1376 cases, firsts 37 38c, ordinary firsts 35 36c at market, cases included 32 7c. Potatoes unchanged with 25 cars. White potatoes in Colorado, Minnesota, and Wisconsin range from 1.40 to 1.60. Poultry prices little changed. live fowls 11c, springs 11 1/2c, turkeys live 23c, dressed 29c.
Kansas City market report notes today butter at 39 cents creamery 37 firsts 35 cents eggs 35 cents per dozen poultry prices show hens 16 roasters 12 to 13 cents live turkeys 2 dollars per unit potatoes steady at 1 dollar 45 cents per bushel.
Observations taken at 7 a. m. Saturday December 16 1916. Stock at ports shows totals for 0 8 ports including New Orleans Houston Mobile Charleston Wilmington Norfolk Boston and others with figures for yesterday last week and last year. Deficit this season listed as 5 82 448. Wind and precipitation notes included. Allen Buell Meteorologist Weather Bureau.
Chicago reporters describe a brisk surge in wheat prices on December 16 as traders rushed to buy. May and July wheat futures rose sharply before easing, with May around 1.62 to 1.63 and July near 1.37. Corn and oats followed wheat higher briefly, while provisions weakened on pessimism about peace prospects.
Grain bids show No. 2 hard wheat at 1.62 to 1.67 with No. 2 red at 1.67. Corn advances with No. 2 mixed 88 8%c, No. 2 white 658%c, No. 2 yellow 8&8. Oats quoted No. 2 white 54 54%c, No. 2 rye 1.30 to 1.32.
Kansas City futures closed with wheat Dec at 1.48 and May 1.60. Corn traded Dec at 8 1/8 and May 8 9/8 as buyers watched markets.
In St. Louis on December 16 quotations show wheat advancing with No 2 red at 1.70 to 1.76 percent, No 2 hard at 1.63 to 1.72, corn and oats also higher with No 2 yellow and No 2 white lines listed, rye remains nominal amid fluctuating bids.
Grain market brief notes No 2 red normal and No 2 hard and No 2 yellow wheats at 92 percent, 85 cents. Oats listed Blanderd B14 bag. barley quoted at 5 cents and 1.2 dollars.
PROVISION MARKETS CHICAGO PROVISIONS CHICAGO, Dec. 16. Quotations: Local packing house quotations to deal er. Saturday: Dry salt extras 6c bacon extras 17c, dry salt bellies 14-16 pound average 18c, fancy breakfast bacon 28c, fancy hams 22c, bacon bellies 14-16 pound average 19 9c. Pure lard 184 c, compound 15c. American cheese 28c pound.
New York December 16 flour prices fell sharply after yesterday's wheat break. Spring patents dropped to eight dollars per barrel, a nearly fifty cent decline from the previous session and about two dollars from the recent high point.
A detailed wholesale price listing for fresh vegetables and fruits with California and Texas sources. Entries include potatoes at $8.00 per hundredweight, onions $4.50, tomatoes $1.75 to $1.90, celery $1 per dozen, cranberries $10 per barrel, cabbage $3.75, peppers $7 per four-basket crate, sweet peppers $3 per bushel, beets 45 cents per dozen, greens, squash, carrots, and many canned goods, dried fruits, nuts, and meats all priced to trade. Includes hides, tallow, beeswax and Christmas trees with regional variations and pack sizes.
New York stocks opened higher as news from Russia and peace prospects failed to curb optimism. United States Steel rose in a 25,000 share sale, with major gains in Central Leather Lackawanna Steel American Baldwin Locomotive Mexican Petroleum and Sugars. Rails and high grade issues led the advance while total volume reached about 760,000 shares.
On December 16 in New York mercantile paper yields 4 percent. Sterling sixty day bills at 471 and commercial bills on banks at 4774. Commercial sixty day bills at 471. Demand at 475 and cables at 476. France demand 584 and cables 583. Guilders demand 40 and cables 41. Bar silver 76X. Mexican dollars 584 cents. Government bonds steady and railroad bonds irregular.
Trade remained brisk yet prices stayed stable Saturday with no changes noted. Commission men introduced new bulk stock of dates, selling in 65 to 70 pound boxed lots at 13 to 14 cents per pound.
New York sugar futures opened irregular with moderate activity and mostly evening trades. Front month December closed around 4.22 while January and March drifted. May at 3.86 and July near 98.92. Raw sugar stayed dull and molasses priced around 4.40 with refined sugar at 7.15.
New York coffee futures drift lower with No. 1 Rio 9 1/2 futures for March at 54 dollars and May at 8.69 dollars. Elgin UK butter market notes high receipts of 250 tubs with ongoing price activity.
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