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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Dec 31, 1916
Page
9
Observations taken at 1 a m show lower air pressure readings and isobars passing through equal pressure points. Data includes cloud cover, wind speed, temperatures with high 87 and low 60, precipitation totals 0.17 inches for the day, and monthly excess 0.64 inches. Prevailing wind direction 12 NE with sun times and lunar phases provided.
The daily quotations from principal spot markets show dull activity as the year closes. May contracts rose to 18.29 on Thursday before slipping to 17.52, with a generally unsettled tone and demand concerns tied to shipper conditions and overseas trade.
New Orleans cotton futures start strong with opening bids around 16.46 to 17.22 for several months and close 4 to 6 points up. Elgin notes butter markets, while the Weather Bureau records 8 p.m. observations for December 30, 1916.
A long catalog of wholesale prices for fruits vegetables and staples shows California onions Texas cabbage and Cuban tomatoes among items. Steel prices list oranges bananas grapes dried fruits canned goods coffee sugar rice and meats with per unit and per hundredweight quotes.
Wholesale markets were quiet with light receipts across lines while trading remained active but with smaller price moves. Poultry prices rose notably late in the week and eggs gained a penny on Saturday. Farm prices for farmers were scant, fresh fruit prices fell while vegetables rose, and a freeze hit Texas crops reducing vegetable supply. Corn and other grains edged downward.
New Orleans reports steady to Friday with unchanged quotations. Receipts include rough 2468 sacks and clean 00 pockets, while sales list rough Honduras 160 sacks and clean Honduras 1337 pockets for Blue Rose. External text references a lyric line: Puck.
Washington December reports general prosperity across industries with high prices offsetting reduced yields. Manufacturing runs at capacity, railroads and mining show strong activity though car shortages persist. Dry farming expands, silos rise, crops like sugar beets and peanuts boost income while livestock herds grow in many regions.
Christmas week in northern live stock centers showed mixed activity with cattle and hogs generally steady to weak and sheep stable. Receipts were light early in the week but brisk trading produced good prices. forecasts suggest improvement ahead.
Native beef cattle 7.25 11.80 western ateera 7.25 10.00 stockers and feeders 6.26 5.25 cows and helfera 4.25 10.00 calves 9.00 13.00 er Receipts 3000 Wethers 9.19 10.45 lambs 11.25 13.50
Receipts totaled 7000 hogs with prices 6 cents lower than Friday. Lights and mixed categories ranged from 9.25 to 10.85 and 19.2 to 30.50. Cattle receipts reached 1000 with market steady. native beef steers 7.0 to 11.6, yearlings 8.6 to 11.5, cows 5.5 to 8.5, stockers 5.30 to 7.75, Texas quarantine steers 6.5 to 8.0, prime southern beef steers 8.0 to 9.0, cows 4.4 to 8.0. sheep market nominally steady with steers and heifers 6.0 to 10.25.
Receipts and quotations report steady hog and sheep markets in Kansas City on December 30. Hogs show varied loads with bulk around 9.80 to 10.46 and heavy up to 10.60. prime fed steers at 19.50 to 11.50. cows and heifers range 8.25 to 10.69. calves 6.00 to 11.00. lambs 12.75 to 18.85. yearlings 10.76 to 11.76. weathers 9.00 to 10.00. owes 8.25 to 9.25. stockers and feeders 4.00 to 8.50. no sheep receipts.
Fort Worth Texas reports cattle receipts around 1600 with steers 200 to 8.9 percent, stockers 5.6 to 7.0, cows 4.25 to 6.60, calves 4.50 to 9.00. Hogs receipts 1500 with bulk 10.28 to 10.45 and top 10.50. Lambs 10.00 to 12.00, ewes 7.50 to 8.00, goats 3.60 to 6.06.”
In Chicago trading the week ends with gains for wheat and oats and a rebound for corn. Wheat rose on strong export demand despite peace talk and rail disruptions, while corn and oats softened slightly. Overall activity was modest with hefty December deliveries and cautious sentiment across grains.
Quotations were published for wheat and corn with No 2 red and No 2 yellow notes. Prices show No 2 yellow corn at 92% and oats at 52 percent 63 cents. Barley listed at 0 cents and $11.24.
Quotations from the St. Louis market today show No. 2 red at 1.86 dollars with slight higher bids for No. 2 and No. 2 white staying around 1.46 to 1.58 dollars. No. 2 white futures held steady with minor gains.
Price quotations show wheat higher with No 2 hard at 1.79 to 1.83 and No 2 red at 1.78 to 1. Corn moves up with No 2 mixed at 89 to 90 3/4 cents and No 2 white at 90 cents. Oats hold steady to higher with No 2 white 64 cents and No 2 mixed 62 to 63 cents. Rye priced at 1.40.
Final week of the year sees further price revisions on the New York Stock Exchange due to ongoing international tensions and Mexico. Investors cut bull positions and liquidated holdings while munitions and metals led declines. United States Steel faced continued pressure. Rail shares stayed weak as the Interstate Commerce Commission reported over a billion dollars in net income for top transport firms.
New York market report shows mercantile prices up to date with currency quotes. Sterling sixty day bills at 471 percent, commercial and demand bills around 471 to 475 percent, cables at 9 francs and 588 percent demand. Bar silver at 75 1/2 cents, Mexican dollars at 68 1/2 cents.
London reports bar silver at 86 4 per ounce money 4 per cent and discount rates for short bills at 6 4 per cent three months 6 5 per cent.
The New York clearing house banks and trust companies report an excess reserve of 117 million 835 thousand 690 dollars, up 27 million 271 thousand 430 from last week. State banks of Greater New York show deposits near 924 million with a slight weekly decline. Turpentine and resin firms in Savannah report varied sales, receipts, and stock. quotations list several grade prices for turpentine products.
Kansas City grain futures end trading with Wheat Dec at 1.77 and May 1.71 percent, Corn Dec at 89.0 and May 90.0 percent. Prices reflect mixed sessions as markets close for the day.
PROVISION MARKETS CHICAGO reports quotations for dealers on Saturday items. Dry salt extras 15 percent, bacon extras 11 cents, dry salt bellies 14 16 pound average 17 cents, fancy breakfast bacon 28 cents, fancy hams 22 cents, bacon bellies 14 16 pound average 19 cents, ure lard 17 percent, compound one cent, American cheese 27 cents per pound.
Tuyers paid prices for country produce delivered in San Antonio Saturday. Eggs steady. Texas country candied 36 cents. Butter steady Texas creamery 30 to 34 cents per pound. country 6 to 28 cents. pacing stock 24 to 25 cents per pound. Poultry higher. Hens large 6.50 to 7.60. medium 5.50 to 6.00. small hens 5.00 to 5.25. large friers 5.60 to 6.00. medium friers 4.50 to 5.00. broilers 3.00 to 3.60. turkeys 24 cents per pound. ducks 6.00 to 7.00 per dozen. geese 10.00 to 12.00.
Receipts and quotations show hogs at 21,000 with a slow market and 5 to 10 cents under yesterday's average. Bulk 10.05 to 10.40, light 9.55 to 10.15, mixed 9.90 to 10.50, heavy 10.06 to 10.60, pigs 7.65 to 9.20. Cattle receipts 400 and the market steady.
Chicago market notes report butter prices rising with creamery at 33 39c and eggs firm with firsts 40 41c ordinary firsts 35 36c. Potatoes steady with 22 car receipts. White corn and Wisconsin Michigan prices listed. Poultry alive higher with fowls 16 18c springs 19c turkeys 23c.
Kansas City market report shows Butter prices at 40 1/2 cents for firsts and 28 cents for packing. creamery at 40 1/2 cents, setbacks for seconds at 87 and 40. Poultry listed with hens at 16 1/2 cents, roosters ize, turkeys at 24 cents. Potatoes priced at 1.55 per hundredweight range.
The coffee and sugar exchange in New York is closed today. A London chemist claim suggests water in swimming pools can be purified by adding a fluid containing magnesium to enhance electrolysis.
Vienna reports plans advancing to create a postwar commercial union among Germany Austria Hungary Bulgaria and Turkey with negotiations nearing conclusion. Greece may join and Romania and Serbia could be compelled if restored. Holland and Denmark are asked to enter but are wary of English retaliation affecting shipping and overseas trade.
In Brussels on December 30 the German authorities ordered all public establishments to close after 8 p m due to patriotic demonstrations. No street movement is allowed after that hour. Theaters, mainly patronized by Germans, face the strict effect as managers appeal the decree but are denied.
Berlin reports a Zurich gathering of German Austrian Italian and French Socialists to discuss organized peace propaganda in belligerent nations. A forthcoming conference will include Russian and neutral Socialists and may be held in Stockholm or Copenhagen.
A leather clip attached to a strip of leather slips over a button to hold a hat in place when driving or in windy conditions. The invention aims to prevent hats from being blown away by wind or rough motion. The device offers a simple, portable solution for keeping headwear secure.
Vienna reports a major Austro Hungarian push planned for Italy with reinforcements to the Carso plateau and Tyrol border. Heavy guns from Skoda works to the front and German corps may join after Romania is settled, amid large munitions buildup for a mountain to plains advance.
The Australian Wheat Board will pay farmers sixty cents a bushel on the new crop to be pooled as last year. Financing for the movement will be provided by the Commonwealth Bank. Harvesting is now under way.
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