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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Dec 30, 1916
Page
7
Precipitation yesterday was none with normal rainfall for the day. .04 of an inch is noted as the daily deficiency. Total precipitation since January 1 amounts to 27.35 inches with an excess since January 1 of .51 inches.
Quotation notes from principal cotton markets set early pricing basis for trade nationwide. The middle grade is cited and prices refer to cotton delivered at market locations unless stated otherwise.
The cotton market opened steady with some medium advances and later sagged, finishing higher than Sunday in New York by 1 to 7 points and in New Orleans by 4 to 6 points as overnight orders caused uneven activity. New York and New Orleans closed with spots around 16.25, and no markets will be held Monday.
The New York cotton market opened steady with advances on October contracts from covering and aging. Prices eased later as scattered selling emerged from local and New Orleans sources, with March futures slipping and the close showing only slight gains. Fall River weekly sales were about 9 000 pieces with curtailment around 60 pieces. mill activity expected to pick up in January.
New York futures settle higher across contract months after a steady session. January 17.07. March 25. May 17.61. July 17.69. October 16.16. Trading closed with 1 to 7 point gains and scattered highs and lows for the day.
The New Orleans cotton market opened irregularly with months showing gains and losses. Early trading split orders caused volatility with nearby contracts briefly dropping before steadying and closing near yesterday's level despite late gains in active months.
In New Orleans on December 30 cotton futures opened irregular with bids around 16.46 for January and 16.65 for March. May 17.00 and July 17.22 asked. Futures settled 4 to 5 points higher with varied quotes across months including October at 15.75.
New Orleans reports steady rice prices and shipments with mixed cargo notes. Milling and rough rice totals appear incomplete but show 268 sacks received, 32 pockets cleaned, while sales list rough Honduras and clean Honduras with several brand names and pockets referenced.
The coffee and sugar exchange in New York is closed for the day on December 30. No trading activity reported and desks shut across the floor.
OMMER and CUNNINGHAM auctioneers will offer goods and guaranteed satisfaction at a sale for cash. Property includes furniture stored with highest cash price. Cr. 6526.
Wholesale prices rose slightly for turkeys and eggs with turkeys at 24 cents per pound and eggs at 3 cents each or 87 cents per dozen. Other poultry held firm after Friday's rise while bran and wheat shorts moved lower. No change in wholesale prices for fresh produce. cold weather kept receipts light and California products sold as they arrived.
A detailed catalog of wholesale prices for fresh vegetables and fruits to trade, listing California and Texas sources for items such as potatoes onions tomatoes celery cranberries cabbage cauliflower peppers green beans carrots turnips chili peppers lettuce parsley eggplant and more. It includes prices per crate per dozen and per hundredweight, plus canned goods, dried fruits, nuts, and hides.
The state claims a 100 045 fee for authorizing the Pittsburg Cincinnati Chicago and St Louis merger. Five railroads filed consolidation with Secretary of State Stevenson. Railroads say it is a recapitalization, not a new corporation, and contest the charge.
The article reports plans to elevate Ceylon's college of tropical agriculture into one of the world's largest institutions of its kind, signaling a major expansion and modernization effort.
Buyers paid prices for country produce in San Antonio on Saturday with case steady. Butter ranges 28 to 34 cents per pound from Texas creamery and country sources. country packing stock 24 to 35 cents. Poultry values rise with hens sold 5.50 to 7.50, friers 4.50 to 6.60, broilers 8.60 to 3.60 per dozen. turkeys 24 cents per pound. ducks 6 to 7 dollars per dozen. geese 10 to 12.90 dollars per dozen.
Quotations show butter higher with creamery at 33 to 38 cents and eggs steady with firsts at 40 to 41 cents. Receipts total 2048 cases. Potatoes hold at 23 car loads with white varieties priced between 1.40 and 1.85. Poultry market up with owls 16 to 18 cents, springs 19, turkeys 23 cents.
Kansas City market quotations list butter creamery 40⅜ firsts 39, seconds 87, packing 28, eyes firsts 40. Poultry hens 16⅜, roosters 12¾, turkeys 24. Potatoes 1.55 per 100 pounds.
Quotes list from local packing house shows prices for bacon dry salt extras 15 cents, bacon extras 11 cents, bacon bellies 14 to 16 pounds at 1744 cents, fancy breakfast bacon 28 cents, fancy home 22 cents, bacon bellies 14 to 16 pounds 19 cents. Pure lard 17 cents compound 16 cents. American cheese 27 cents per pound.
Oil companies based in Houston announce further crude price hikes with Gulf Pipe Line leading gains to 1.95 in the Gulf Coast region. Other fields such as Magnollia North Texas Cushing Corsicana Healdton and Crichton follow with varied increases. Refiners expect sharp competition for January contracts and expect moves to meet Gulf Pipe Line's advance. In Shreveport northwest Louisiana pipline firms post a ten cent barrel rise, marking the sixth since November 29. Caddo 1.46 De Soto 1.20 Red River 1.10 are listed as new posted prices.
In Elgin Illinois on December 30 butter sales included forty tubs at 39 cents and twenty tubs at 8 1/2 cents per pound.
Fort Worth reports strongest tone with cattle and hogs firm and active while Chicago and St Louis trade lagging. Receipts light at the San Antonio yards with cattle and hogs uneven. prices range from cows five to five seventy-five per hundredweight, hogs six fifty to seven fifty, calves five to seven and bulls four sixty to five.
Fort Worth Texas reports cattle receipts of about 1600 with a strong market and prices for steers at 6.00 to 8.00, stockers 5.60 to 7.00, cows 4.25 to 6.50, calves 4.50 to 9.00. Hog receipts near 1590 with a strong active market, bulk 10.26 to 10.45 and top 10.50. Sheep receipts 200 with lambs 10.00 to 12.00, yearlings 8.40 to 9.50, wethers 7.75 to 8.59, ewes 7.50 to 8.00, culls 6.25, goats 3.50 to 8.06.
Receipts for hogs totaled 21 900 with slow demand and mixed price ranges from 7.6 cents to 19.15. Cattle receipts 400 with steady market. native beef cattle 7.55 to 11.80, western steers 7.25 to 10.00, stockers and feeders 6.25 to 8.25, cows and heifers 4.25 to 10.00, calves 9.00 to 18.00. Sheep receipts 8000 with wethers 9.10 to 10.25 and lambs 11.25 to 13.50.
In St Louis on December 20 the hog market showed receipts of 7000 with prices 26 cents below Friday's top. Liver and pigs ranged from 9.25 to 10.50, with bulk around 10.46. Cattle receipts reached 1000 and the market was steady with native beef steers from 7.50 to 11.50 and cows from 5.60 to 8.50. Sheep receipts were none and the market was nominally steady.
Receipts and quotations show hogs with 1000 head and steady market. bulk 9.89 to 10.45, heavy 10.40 to 10.50, packers 10.15 to 10.60, light 9.60 to 10.30, pigs 8.26 to 9.25. Prime fed steers 19.50 to 11.50, dressed beef steers 800 to 1025, cows 5.25 to 8.50, heifers 36.00 to 10.590, stockers 5.00 to 8.50, calves 6.00 to 11.00. Sheep receipts none, market steady. lambs 12.75 to 13.25, yearlings 10.75 to 11.76, wether 9.00 to 10.00, ewes 8.25 to 9.25, stockers and feeders 6.00 to 12.00.
In Savannah Georgia a turpentine firm shows 51 percent to 52 percent sales, 176 receipts, 25 shipments, stock 22 260. A second firm reports sales 1276, receipts 1666, shipments 2976, stock 05 924. Quotations listed for grades A through W W. G at 7.00 dollars per unit.
Observations recorded at 7 a m Saturday December 30 1916. Wind speeds under 10 mph and precipitation below .01 inch deemed insignificant by Allen Buell meteorologist Weather Bureau.
Dealings in bonds on the New York stock exchange for the year ending yesterday totaled a par value of 1,168,209,000, a new record. Stock dealings reached 54,678,000 shares, with 1915 and 1916 figures noted. The yearly stock turnover has surpassed only three times previously, years 1901 1906 and 1906, the record being 284,068,459 shares in 1906.
New York market brief with sterling at 4% on 60 day bills 47144 and 46% demand. francs 58.4% demand. guilders 49% demand. cables 47.6716 for sterling. bar silver 71 1 8 cents. Mexican dollars 58 cents.
London reports bar silver at 36 1/2 percent per ounce and money at 4 percent. Discount rates listed as short bills 5 percent and three months 5 1/2 percent.
Philadelphia bank clearings for 1916 reached 13,083,317,712 dollars, surpassing last year’s 12,?63,633,??2 and setting a new record for the year. The report notes substantial gains and marks an historic high in financial activity.
Inspiration prompted Young Mr Hallowell to stage a Bible lantern show for sailors. A gramophone player struggled to match scenes with music until a sailor blurted the line There is only one girl in this world for me, yielding both consternation and amusement.
A teacher asked pupils to craft a sentence using heroes. Little Willie submitted A man sat down on a chair there was a tack on the chair He rose. The brief item notes a humorous student answer emphasizing a literal rise from a tack.
An eight story New York building designed for music studies will have walls ceilings and floors built soundproof to prevent occupants from disturbing each other during practice and study.
indictions of heavy clearances for Europe encouraged wheat bulls in Chicago trading. Prices rose across futures with May near 1.74 and July around 1.41 while December options faced footing trouble. Corn followed wheat gains on local demand and big new sales to the seaboard within 30 days boosted prices. oats showed limited offerings as traders eyed the broader grain rally.
Chicago on December 30 reported grain quotes with Wheat No 2 red and No 2 hard both nominal. Corn No 2 yellow at 92 to 93 cents, Oats Standard at 52 and 63 cents, Barley at 90 to 124 cents.
Quotations show wheat steady with No 2 red at 1.86 and No 2 hard at 1.84 of a point higher for some grades. Oats rise with No 2 at .58 and No 2 white at .? Rye steady at 1.44 for No 2. These figures reflect a cautious trading session in St Louis.
Wheat and corn advance while oats hold or rise marginally. No. 2 hard wheat around 1.79 to 1.83 per bushel, No. 2 red about 1.78 to 1.83, corn No. 2 mixed near 89 to 90 cents, No. 2 white 90 cents, No. 2 yellow 90 to 90 1/2 cents. Oats steady to higher with No. 2 white 64 cents and No. 2 mixed around 52 to 54 cents. Rye trades at 32.40.
Kansas City grain futures closed with wheat at 1.77 for December and 1.79 for May while corn traded at 89.5 cents for December and 90.5 cents for May. Market activity reflected modest demand and storage considerations.
The note asserts that cotton is spun and woven in twenty two countries and that almost every nation buys English yarns and cloths, highlighting the reach of English textile exports.
Stefansson, famed explorer who sent word from beyond the Arctic Circle, once hoped to be a poet and admired William Vaughn Moody. He writes that Moody’s work showed his own could never rise to such verse while noting uncertainties about his expedition’s results and risks, including personal safety.
Police Magistrate A J Kendall ruled on Emil Brulander who sought a warrant against Mrs Mabel Wells after she refused to return his $80 engagement ring. He said he wanted to farm and she couldn’t see that life. The court called it a normal hazard in hearts and dismissed the charges.
A new faucet design blends running water with steam drawn from a residence heating plant in a mixing chamber to allow either hot or cold water to be drawn. The device aims to regulate temperature by introducing steam into the water stream during use.
Two French bacteriologists argue that modern ventilating systems distribute disease germs in places that would otherwise have few pathogens, posing health risks. They urge reevaluation of air circulation standards and infection control measures.
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