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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Feb 01, 1916
Page
11
Five room bungalow nearly new with large fireplace and built in fixtures. includes hot water gas connections sewers cement walks to car service in town. small cash payment and easy balance. Ricney and Casey Crockett 5679.
George A McLarty secretary of the maritime committee of the Galveston Cotton Exchange and Board of Trade was killed and Robert G Shaw an inspector for the committee was fatally or seriously injured in a shooting at the secretary's office. A 30 30 rifle lay between the men and three shots were fired. Eye witnesses none. Shaw remained on the operating table as doctors assessed his wounds.
Observations at 7 am Tuesday February 1 1916. Below zero readings noted. Wind speeds under 10 mph and precipitation under .01 inch not published. Allen Buell Local Forecaster.
Market observers report growing confidence in cotton with steady price support in futures while spot prices show uneven movement across regions. Traders note demand fluctuations and lingering export concerns amid mixed economic signals.
Quotations from major cotton markets show middling grade prices delivered at market sites including San Antonio Houston Galveston New Orleans and Liverpool. The list outlines selling terms and price points for daily reference in nationwide buying and selling activity.
The Cotton Exchange reports bullish tone with Mississippi flood delaying planting in the valley. Spot cotton climbs at interior centers while New Orleans shows a price drop. San Antonio bids rise to 11.30, New York futures up 12–14 points, and Liverpool markets higher.
The New York cotton market opened firm with 6 to 13 point gains as Liverpool cables supported buying. May reached 12.06 and October 12.22, with prices fluctuating and later rallies fading. About 15,000 bales sold locally for export, awaiting freight space as the day closed steady.
Cotton futures opened firm with March at 11.78, May 12.90, July 12.17, October 12.20 and December 12.34. Futures closed 12 to 14 points higher after an active session.
Report states Liverpool is due to open Wednesday 2 to 4 points higher after an 11 o'clock call. Sources in New York note March performance data and market chatter.
Cotton in New Orleans advanced 11 to 12 points in early trading as buyers and shorts pressed the market on improved export cables and flood fears delaying crop prep. By noon quotes showed gains of 15 to 19 points over yesterday, while a sudden $1 drop in spot values trimmed gains in the contract market. At 1:80 p.m. prices stood about 10 points higher on the day.
New Orleans cotton futures opened steady with March at 11.49, May 11.79, July 12.01, October 12.03, December 12.17. Prices closed 11 to 12 points higher after session highs and lows unclear in the fragmented text.
Spot cotton eased with middling at 7.44 pence per pound and low middling 7.36. Sales reached 6,000 bales, including 1,500 for export and speculation, while receipts totaled 13,000 bales.
Futures prices edge steady on February 1 with January at 7.517d and varied spreads through the year. Notable lines include February-March 7.52 3d and December-January 7.004d, reflecting tight forward structure.
New York on February 1 reports cotton seed oil futures drifting lower with spot bids at 9.05. February through September contracts show varying quotes from 9.109.14 for February and 8.95 to 9.11 for June to August. Total sales reach 22 900 units.
Union Stock Yards Fort Worth reports active demand for beef cattle with small Tuesday offerings. Fort Worth saw about 1 800 cattle with 200 cattle and calves in local yards. Chicago and Kansas City posted larger hog volumes while Fort Worth hogs fell 10 to 16 cents. Prices listed: steers 6 to 6.55, cows 5.50 to 5.75, calves 6 to 7. hogs top 6.60, bulk 6 to 6.50. No sheep or goats received. a trainload of goats, about 811 head, shipped to New Braunfels for pasture.
Fort Worth market notes cattle receipts 1800 and steady prices across beef stockers cows heifers bulls calves and goats with varying ranges. Hog sales 2000 head lower with typical bulk prices near 8.00 per hundredweight while sheep and lambs show steady or modestly mixed values across lambs yearlings wethers and ewes.
Chicago market report for February 1 shows receipts of 7,000 cattle, 10,000 sheep with steady markets. Bulk hogs ranged 7.80 to 8.00, light 7.40 to 7.95, mixed 7.65 to 8.05, heavy 7.60 to 8.10, pigs 5.85 to 7.00. Cattle native beef steers 6.40 to 9.60, western steers 6.60 to 8.20, cows and heifers 3.24 to 8.15, calves 7.50 to 10.59. Sheep wether lambs 7.35 to 8.00, lambs 8.30 to 9.65.
Receipts show hogs 1000 with a steady market and prices from 6.00 to 8.25 for various grades. Cattle receipts 1500 with a strong market. native beef steers 7.50 to 9.50 and other categories listed. Sheep receipts 6500 with steady market. yearling wethers 8.00 to 24.25, lambs 9.06 to 19.65.
Kansas City market reports show hogs with 20 000 receipts and steady demand. Bulk hogs 7.65 to 7.95, heavy hogs 7.85 to 8.00, pigs 6.50 to 7.00. Cattle receipts 9000 with a strong tone. prime fed steers 8.40 to 8.75, other steers 7.00 to 8.25, cows 4.25 to 6.75, heifers 6.00 to 8.50, stockers 6.00 to 7.75. Sheep receipts 10 000 with sales strong to higher. lambs 10.60 to 19.50, yearlings 7.28 to 8.00, ewes 6.75.
Lead bids at 6.10 while spelter remains unquoted. Copper strengthens to 25.50 26.00 for Q2 delivery. Tin trades quiet at 11.75 spot. Tron unchanged on the market.
Lead and Spelter prices listed in pounds sterling with spot and futures values. Copper and tin quotes shown, electrolytic not received. Antimony price noted.
New York February 1 United States Steel opened at 80 to 80 percent and rose to a peak of 1 point higher. War shares metals oils and high priced specialties advanced. Crucible Steel gained 3 percent Bethlehem Steel five to 455. Trading broadened and Steel remained central, closing strong with broad gains in early afternoon and final hour.
New York Feb 1 mercantile paper 4 percent sterling rates 60 day bills 4.714 percent demand 4.76 cables 4.7616 guilders demand 42 percent cables 42 percent bar silver 56 1 2 cents Mexican dollars 43 3 4 cents government and railroad bonds steady.
In New York on February 1 time loans remained steady with 60 and 90 day terms at 2 1/4 percent, six month at 2 3/4 percent. Call money held steady with highs at 2 percent and lows at 1 percent, ruling rate 1 percent, last loan 2 percent, closing bid 1 percent, offered at 2 percent.
London reports Bar silver at 27 4 per ounce and money at 14 4 percent. Discount rates list short bills at 5 percent and three months at 5 percent.
Texas total railroad mileage stands at 15 755 miles with an average value of 26 304 dollars per mile. The Railroad Commission lists 24.87 miles of new additions valued, bringing the total to 14 937 miles valued.
A Bexar area conference at the Chamber of Commerce 8 p m Wednesday discusses agricultural development with speakers E W Kirkpatrick D N Barrow Col R T Milner H M Mayo Joseph Hirsch and W C Barrickman The keynote is feed yourself and improving farm self sufficiency to export surplus and raise millions Texas plans education similar to last year’s campaign with Prof P G Holden and twenty lecturers.
Wheat futures surged following reported export purchases of about 2,000,000 bushels amid a larger world supply excess. May and July prices firmed after an opening drop, while corn declined and oats tracked cereals. traders largely sold as packers unloaded and holders realized profits.
San Antonio grain buyers posted prices for wheat at 1.35 per bushel in Texas. No. 3 corn 80 cents per bushel, No. 2 mixed 78 cents, northern white 83 to 80 cents. Oats Texas red 63 cents per bushel bulk, 5 cents in sacks. northern white 61 to 63 cents bulk and 63 to 68 cents in sacks. Oklahoma prices align with Texas grades.
Local packing notes list quoted prices for dry salt extras at 13c, bacon extras at 14c, dry salt bellies averaging 14 to 18 pounds at 54c, fancy breakfast bacon at 28c, fancy hams at 19c, bacon bellies averaging 14 to 16 pounds at 16c, pure lard at 11c, and compound licensed.
Chicago quotes show wheat prices across grades with No 2 red at 1.324 and fractions, No 8 red around 1.291, and hard wheats near 1.241. Corn values range No 2 yellow around 0.79 to 0.795, No 4 yellow 0.7875, No 4 white 0.74 to 0.75, with barley around 0.68 to 0.81.
Quotations from Kansas City on Feb 1 show wheat values for No 2 hard at 1.28 to 1.30, No 2 red 1.91 to 1.36. Corn prices list No 2 mixed 71 71 1/2 to 71 3/4 cents, No 2 white 72 1/2 to 78 cents, oats No 2 white 62 1/2 to 53 1/4 cents, No 2 mixed 48 to 49 cents.
Butter steady with creamery prices at 30 cents for firsts and 29 cents for ordinary firsts. Receipts 3884 cases. potatoes steady with 450 carload receipts. Michigan Wisconsin Minnesota and Dakota whites at 92 to 98 cents. fowls and poultry alive higher with fowls at 15 cents and springs at 116 cents.
Turpentine firm sales 167, receipts 144, shipments 12, stock 12,609 while resin shows sales 260, receipts 551, shipments 2,929 and stock 62,129. Quotations list multiple brands with varying prices including A B C D BE FP 6.30 and KW 6.86, Me 6.90, N 6.78, SG 1.36.
New Orleans reports no tone change in rice prices as rough Japan stays quiet and other grades hold firm. Receipts include rough 619 and millers 640, with Honduras rough at 2.60 and clean Honduras at 2.24 to 2.29 per unit, rice polish and bran values listed.
The secretary of agriculture refused the Southern Rice Growers plea for a recheck of the 1915 rice crop estimate, asserting the December 16 figure is accurate and that the association has not shown evidence of a 10 percent overestimate. The department noted only a 2.6 percent difference in Louisiana, Texas, and Arkansas.
The Southern Pine Association issued a weekly report showing new business booked at 71,442,000 feet and orders on hand totaling 377,662,800 feet with soups valued at 2,614,000 dollars.
Directors will meet in Houston on February 29 to approve a 20 percent increase in capital stock from 37 million to 44.4 million. The Texas Company serves about 2000 stockholders.
New York February 1 Cotton goods stayed firm with wide sheetings selling at advances. Yarns held firm and dress goods were active. Raw silk prices rose reaching the highest Japan grades since 1997.
The United States milk production for 1915 is estimated at 2.32 billion dollars by the Department of Agriculture. Production equates to about 115 gallons per person.
York reports steady demand for No.7 Rio S coffee futures with March at 7.88 dollars and July hovering near the same level. Traders monitor fluctuations and futures activity as market tone remains cautious.
The city unveils a new tricar chemical engine as the latest piece of firefighting apparatus. The device combines chemical extinguishing capabilities with a three wheeled chassis for maneuverability in dense urban areas.
The San Antonio Water Supply Company filed its annual report showing 1915 in Bexar county spending of 531,652.34 dollars, with 248,069.13 dollars for extensions. Tangible property totals 2,756,744.79 dollars, and gross earnings were 436,631.16 dollars, leaving a deficit over 100,000 dollars due to expansions.
New onions debut on the produce row this week with the second shipment from Fowlerton arriving Tuesday. Texas onion season to open around March 1. Onions grown from sprouts priced at $1.50 per hamper. Old California onions price $3.75 per hundred pounds. East Texas pumpkin yam sweet potatoes offered at $1.75 per hundredweight. Louisiana yams priced $1.50 per hundred pounds. Dried yams at $2,560 per hundredweight with juice extraction to improve keeping qualities.
Business on the wholesale row Tuesday was not of very large volume. The consumer is turning to meats and the more substantial articles of food now and fruits, vegetables and the like are not in very big demand. The offerings of fresh vegetables are very small now, however, and the dealers have little difficulty in getting a good price for what comes in.
Weather chilled supplies making Washington winesap prices rise to 2.35 to 2.50 a fancy grade, 1.85 to 2.00 for black twigs. Other fruit prices steady. Packers report higher hams and bacon, lard firm, cotton seed oil prices climbing affecting cooking prep costs.
Grain dealers in San Antonio keep prices at last week's quotations despite mounting lists at speculative centers. The market shows little movement as buyers monitor futures and local traders maintain current rates.
Wholesale prices for Tuesday show firm butter with Texas creamery at 32 330 per pound and common country stock at 160 17e. Poultry stays firm with hens at 4.50 to 6.00 per dozen friers 3.50 to 4.50 and turkeys 15 to 16 cents per pound. Ducks at 4.50 to 5.50 per dozen and geese 7.00 to 10.00 per dozen. Rabbits quoted 76 cents to $1 per dozen.
Kansas City report lists prices for creamery products at 83 and 29c for firsts seconds and packing 19c Eggs show 28c for firsts and 20c for seconds Poultry quotes set hens at 13c turkeys 18c and springs 13c dated February 1.
About 21 000 men in Bexar county paid poll taxes or took exemption certificates by Monday midnight per County Collector John A Bitter. Final precinct tallies will take days as tax and exemption volumes are reviewed. City of San Antonio voting strength near 18 000. outside city about 3000 with ward counts showing 15 035 paid polls and 2768 exemptions in eight wards.
Six San Antonio residents filed petitions for final naturalization in Federal Court Monday afternoon. The May term filing deadline passed Monday evening. Petitioners and their native cities: Paul John Varelas Calamara Greece, Henry Jonathan Cope Calles Monkstown Ireland, Nathan Soloman Roman Roumania, Joe Wiedermann Rem nik Roumania, Sidney Graham Cotterell Bristol England, John Alfons Reymann Bernolsheim Germany.
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