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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Feb 07, 1919
Page
19
U S Steel decline casts uneven tone over the stock list as trading shows weakness in steel shares and related indicators. Market notes point to limited advances and mixed reactions across other industrials with price activity shaped by a cautious mood and shifting dividend expectations.
All day yesterday a constant stream of people were in the office buying this stock. Many have bought using the long distance telephone and the telegram. If you are out of the city and desire some shares wire at once, as there is but a limited amount yet to be sold at par. Negotiations are under way to drill two wells on proven acreage in Burkburnett and Town Park. Two drills will be going down and production is hoped soon. Subscribers will share in all holdings and in every well drilled in proportion to their investment.
A fragmented prospectus outlines multiple acreage holdings across Burk Burnett, Iowa Park, Duke Knowles, Brownwood, Shackleford, Baylor, Archer, Callahan, Hamilton, Falls and Mills Counties. It cites producing wells, deep tests, nearby derricks, and substantial asking prices per acre and per tract with notes on potential future value if tests succeed. The document names executives, locations, and contact details for investment inquiries.
The report notes continued declines in cotton values with losses ranging from 30 to 90 points. It lists unsettled price action across counties, naming several markets and traders, while referencing opening exchanges and prospective new origins.
Market activity remains steady for cattle and hogs at the regional STO venue. Prices appear unchanged with traders noting stable demand and supplies amid mixed futures signals and routine buying.
A fragmented New Orleans market note details cotton values and trading activity. The text lists various prices, figures, and names in a dense, disordered OCR fragment, referencing New Orleans and assorted figures, while mentioning prices like 18.65 and 18% in a terse, garbled ledger style with numerous proper nouns and numbers.
Fragmented OCR text shows garbled market notes and odd phrases. Mentions prices like ten dollars and a generic market scene with unclear names and places. The readable parts suggest a local market context with uncertain brand mentions and numbers.
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