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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Feb 04, 1917
Page
9
The New York cotton market shows historic break after Germany blocks relations. May contracts slide from 17.66c to 12.50c then rally to 14.02c amid demoralizing liquidation and relief on Friday. Liverpool and San Antonio spots affected as week ends with 14.50c in San Antonio.
New York cotton futures opened steady with March at 13.95, May 14.25, July 14.20, October 13.90 and December 14.05. Futures later closed 92 to 108 points higher. Liverpool anticipated to open Monday, up 11 to 14 points.
Wholesale markets show chicken prices generally down early week then flat. Egg receipts remain light with prices rising about 8 cents per dozen on Thursday and Friday. Texas candled hens sell 45 to 46 cents. butter steady. Strawberries appear briefly amid cold weather. gains seen in cabbage, onions, grapefruit, and potatoes with several grains and seeds edging up.
Wholesale prices to retailers and shippers from California Florida and other regions include onions at 9 per hundred, tomatoes 3.50 per six basket, celery 1.10 per crate, cranberries 9 per barrel, cauliflower 1.60 per crate, sweet peppers 5.25 per crate, beets 0.40 per pound, green beans 4.00 4.50 per bushel, carrots 0.25 per bunch, radishes 0.40 per dozen, lettuce 2.75 per crate, egg plant 0.12 per pound, sweet potatoes 2.50 per hundredweight, apples 2.25 1.75, bananas 3.60 per hundredweight, oranges 3.25 per box, grapes 3.76 4.00 per box, limes 1.25, prunes 0.35 1.10 per pound, prunes and peaches listed, canned goods prices included, sugar and coffee wholesale rates noted.
The Bureau of Crop Estimates reports January 1 1917 totals for U S farm and range livestock. Key changes since January 1 1916 include milch cows up 660 000 and other cattle up 1 037 000 while sheep fall 142 000 and swine drop 313 000. Total value rises to 6 685 020 000 with an 11 percent gain.
The Northern cattle market remained quiet and slightly irregular through the week at Union Stock Yards. Hogs were unsettled early, gained some strength midweek, then weakened Friday. sheep stayed strong. Local market stayed active and firm until Friday, cattle up about a quarter, traders hopeful for next week.
Fort Worth report shows cattle receipts and varying prices with stockers seven and a half to nine dollars, calves and cows totaling about four thousand dollars, hogs receipts around three thousand five hundred with top near eleven dollars, sheep market steady with tambs and wethers and goats quoted in a wide range. The overall tone notes market directions, price ranges, and totals across cattle hogs and sheep.
Chicago market notes show hogs strong with bulk at 11.25 to 12.00 and pigs around 9.25. cull cows and calves move between 5.00 and 14.00, native beef cattle 7.75 to 12.00, western steers 7.75 to 10.15, sheep 10.40 to 11.75 and lambs 12.00 to 14.00, with Monday receipts about 40,000 hogs and 1,000 sheep.
Kansas City reports cattle and calf totals with mixed demand. Receipts reach about 1000 head with 300 southern cattle and a steady market. prime fed steers range 11.00 to 11.75, dressed beef steers to 8.50, cows 9.00 to 9.50, heifers 7.00 to 11.00, calves to 7.00. Pigs and hogs around 9.25 to 10.75. Sheep and lambs show prices from 10.00 to 14.60 with steady trade.
A dense catalog of wholesale prices for coffee, rice, oats, hay, corn choppers meats and tish, sardines, flour, meal, millet, sorghum, and dried beans. It lists quantities such as car lots and job lots, with per hundredweight and per sack figures, including specific price points for wheat alfalfa nuts seeds and hides and various regional deliveries.
Observations from February 3 1917 show subzero temperatures and light precipitation. The text then recounts a satirical General Horace Porter anecdote about handling a harsh complaint from a military traveler regarding a Pullman porter.
New Orleans La Feb 3 Rough and clean rice held firm with unchanged quotations. Receipts show 1668 pockets. Sales include clean Honduras 542 pockets and Blue Rose 932 pockets.
A London Tit-Bits snippet notes a visitor asking about a loud yell and a resident explaining it is likely a tooth extraction next door. The exchange oddly references a baby and a misheard word, adding humorous miscommunication.
Chicago traders faced heavy volatility after Germany announced unrestricted sea warfare. Prices tumbled sharply at opening, with wheat falling up to 15 percent before stabilizing as shorts bought to cover. Talks of severed relations and shipping disruptions fueled the week’s activity amid mixed signals on later price direction.
The Chicago market quotes for February list No 2 red wheat at 1.67 and No 2 yellow corn with ieda notes while oats and barley show steady prices around 0.19 to 1.28 reflecting a quiet trading day in Chicago cash grain markets.
Kansas corn and grain quotations show fluctuations on February 3. Wheat values vary by grade, with No 2 lower and No 2 hard ranging from $1.64 to $1.73. Corn prices rise with No 2 mixed at 6 cents, No 2 white about 85 to 86 cents, No 2 yellow around 96 cents. Oats and Kaffir maize also noted in mixed bids and smaller adjustments.
Kansas City market report shows wheat for May at 1.00 per bushel and July at 1.44. corn for May at 0.95 and July at 0.04 per bushel.
The Kansas City Star notes the elusive squirrel dog is a rare, untrainable talent that locates hidden squirrels in timber. These dogs vary in breed, from shepherd to hound or spaniel, and in well wooded towns a true squirrel dog is highly valued and sought after.
A scene unfolds with a man urging a woman's consent as he displays gifts and pledges devotion. She wavers then whispers agreement, while he watches her depart and returns to a cheerful greeting, noting a simple domestic request.
Local packing house quotations for dealers. Saturday goods include salt extent 1786, bacon extras 19c, salt bellies 4 16-pound average. Fancy breakfast bacon 27c, bacon bellies 14 16-pound average. Pure lara 17% and compound 14c. American cheese 27c per pound.
Market notes show jobbers' prices to retailers and shippers with commission shifts. Texas country butter quoted 45 46 cents with creamery butter from 20 to 34 cents, country 25 to 28, packing stock at 1 pound. Poultry steady with hens 7 to 8 dollars, mediums around 5 and 6 dollars, turkeys 21 to 22 cents per pound, ducks and geese listed in fragmented figures.
Quotations for dairy eggs and potatoes are listed with receipts and price ranges. Butter and creamery receipts total 4211 tuba with prices from 18 to 18 ½ cents. Eggs show 5592 cases with firsts at 42 ½ to 43 ¼ cents and ordinary firsts 40 to 42 cents. Potatoes unchanged with various regional white prices from $1.36 to $2.25. Poultry alive steady with fowls 29 cents and springs 19 ½ cents.
Market notes from Kansas City dated February indicate price quotes for poultry eggs and produce. Firsts eggs 42 cents per dozen, hens 19 cents, roosters 13 to 14 cents, turkeys 25 cents, potatoes around 2.10 dollars per unit, with overall pricing observed for the period.
New York reports a turbulent week in the stock market pressured by Germany's naval program. Prices fell broadly despite signs of industrial strength with record steel earnings, higher dividends, and robust British loan subscriptions. Exchange rates firmed at Teutonic centers as gold flows slowed while money rates rose on renewed demand.
Elgin February 3 butter market notes 50 tubs sold at 39e with price details and transaction note.
Money markets in New York report Friday quiet tendencies with cotton goods easier. Yarn prices steady forming a base while raw silk shows higher. Trading limited in mood cautious as investors await a settlement of international affairs.
Mercantile paper and commercial time bill figures show slight gains while demand and cable quotes edge up. Government bonds hold steady but railroad bonds weaken, with currencies and precious metals also listed in mixed terms.
London price report shows bar silver at 37 1 16 cents per ounce and money at 3 percent. Discount rates listed 5 percent for short and three months.
The weekly statement shows clearing house banks and trust companies hold 165.469 million dollars in reserve beyond legal requirements, down 25.914 million from the previous week.
New York February 3 cotton seed oil quotations were published with brief market figures. Prices and current bids appeared in the daily market report.
Turpentine dull with sales at 51 dollars, receipts 63, shipments 613, stock 16 157. Resin firm shows sales 263, receipts 303, shipments 305, stock ig ig. Quotations list several grades with prices from 6.10 to 6.90 dollars, notes on needs including N 6.50 and W G 6.66 W W 6.9.
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