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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Feb 08, 1917
Page
9
The daily spot cotton summary lists prices for Middling at multiple markets led by New York at 15.55 and Liverpool 10.50 and notes gains in early trading followed by declines after rumors of a Wilson address. The Cotton Exchange notes nervousness from political events with rapid shifts in New York and New Orleans futures.
In New York, cotton prices showed irregular but narrow moves early as nerves over the political situation influenced trading. May futures eased from 16.70 to about 15.50 after a rally, with March and other months also fluctuating and overall quiet activity prevailing.
The New York market shows March at 15.73, May 15.70, October 16.55, and December 15.64 as openings. Closing ranges stretch from 4 to 9 points, with mixed early calls and Liverpool set to open Friday from slight declines amid ongoing price activity.
The New Orleans cotton market gained 14 points in the first half hour amid moderate demand and rumors that ships carried significant losses. The trend turned steady before a later drop as investors anticipated President Wilson addressing Congress at 2 PM. By noon, prices were 1 to 17 points above yesterday’s close, then recovered slightly with reduced selling pressure by 1:30 PM.
New Orleans market reports cotton opening steady with bids for March 15.11 and May 15.25, July 15.34, and October 14.92. Futures close 1 to 14 points higher amid fluctuations and incomplete notes.
Liverpool spot cotton stays steady with good middling at 10.63d and middling 10.53d while low middling sits at 10.35d. Sales reach 800 bales for speculation and export as receipts total 16,000.
Liverpool and New York markets show futures and cotton seed oil quotations advancing in a flat to slight rise trend. Key pairs include February 10.10d and March-April 16.06d with several near-term spreads quoted in pence.
In Tampa at a meeting, Florida Citrus Exchange members estimated fruit damage from the recent cold snap would reach 1,500,000 dollars. Packing houses were ordered closed until fruit conditions could be checked to ensure no frosted fruit is shipped under the exchange label.
New York reports cotton goods steadier as trading increases in finished goods at lower prices. Yarns remain steadier, wool goods firm, silks quiet, and knit goods firm.
M MARUCHEAU GRAIN CO of San Antonio Texas lists seeds including Red Top Cane Seed Orange Amber White Wonder Seed Corn Yellow Dent Sudan Grass Milo Maize Kaffir Corns and Feter uta with no quantity specified.
The wholesale price of eggs fell two cents a dozen. Texas country candled eggs sell at 40 and 41 cents. Butter and poultry steady though poultry receipts remain light. Several dried fruits and Sunset coffee show mixed minor shifts. Corn and cane seed prices adjusted modestly with car and job lot differences. Wholesale prices of fresh fruits and vegetables and provisions held steady Thursday.
A dense list of wholesale prices for fresh vegetables and fruits from California Florida Texas and Colorado. Includes potatoes onions celery cranberries cauliflower sweet peppers beets greens beans carrots radishes turnips lettuce parsley eggplant peppers lettuce and other produce with per crate or per hundredweight figures and various regional terms.
The report notes precipitation yesterday was none with normal conditions for the day. A .05 inch daily deficiency is recorded and total precipitation since January 1 is 1.37 inches with a January 1 deficiency of .66 inches.
The Union Stock Yards report Feb 8 shows northern cattle generally steady, hogs down about six cents nationwide and 10 to 15 cents at St. Louis, sheep steady. Local five stock market active with prices steady. receipts include cattle 350, calves 159, horses 145, hogs 80.
Fort Worth market snapshot shows cattle receipts around 700 with steady mood. Steers range 6.50 to 9.50, stockers 6.00 to 7.50, heifers 6.00 to 8.50, cows 4.25 to 6.60, bulls 4.50 to 6.50, calves 4.26 to 9.00. Hogs receipts about 6000, bulk 11.00 to 11.35, top 11.59. Sheep receipts 150, lamps 12.50 to 19.50, yearlings 11.00 to 12.00, wethers 9.25 to 9.75, ewes 8.50 to 9.25, lambs 6.00 to 7.00, goats 3.50 to 6.60.
In Chicago on February 8 receipts and quotations show hogs at 46,000 with tomorrow 40,000 and a slow market under yesterday. Bulk price 12.15 to 12.30, various hog types from 9.70 to 12.40. Cattle receipts near 000 with tomorrow 4,000 and steady market. native beef cattle 7.90 to 12.25, western steers 7.90 to 10.30, stockers 6.10 to 9.35, cows and heifers 9.15 to 10.50, calves 10.25 to 14.50. Sheep receipts 9,000 tomorrow 8,000 and firm market. wethers 10.05 to 11.75, lambs 12.00 to 14.45.
Kansas City market data shows hogs receipts 10,000 with prices $11.80 to $12.30, cattle receipts 38,000 with prime fed steers $11.25 to $12.00 and cows $5.50 to $9.50, and sheep receipts 5,000 with lambs $12.50 to $14.25 and yearlings $12.00 to $13.25.
Hogs receipts reach 14 500 with prices 10 to 15 cents lower. Lights 11.90 to 12.25, pigs 9.00 to 11.09, mixed and butcher 12.0 to 12.40, heavies 12.30 to 12.40, bulk 12.00 to 12.35. Cattle receipts 3 000, market steady. Native beef steers 7.50 to 11.75, yearlings 8.50 to 11.50, cows 5.50 to 9.00, stockers 5.30 to 5.50, Texas quarantine steers 5.50 to 9.50, beef cows 4.25 to 9.79, prime southern beef steers 8.00 to 11.00, prime yearlings 7.50 to 10.00, native calves 6.00 to 14.25. Sheep receipts 500, market steady. Lambs 12.45 to 12.75, ewes 6.50 to 10.60, yearlings 11.00 to 12.25.
Washington report shows December 1916 exports by major groups and full year totals. Principal miscellaneous items include horses valued at 6 507 095 dollars mules at 2 579 514 dollars and seeds at 597 410 dollars for December 1916 and yearly sums of 62 752 826 dollars for horses 28 009 048 dollars for mules and 3 166 353 dollars for seeds.
Fresh down turns in the price of wheat followed the sinking of the British liner California and Dutch port closures. Opening prices slid, later rallies faded, and May and July contracts closed near previous levels with declines. Corn and oats showed mixed moves as grain and hog values weakened the provision market.
Farbage quotations list grain prices with No 2 red nominal No 2 hard nominal corn No 2 yellow at 1.01 to 1.02 dollars Oats standard at 54 to 56 cents Barley at 1.00 to 1.28 dollars indicating a snapshot of contemporary commodity values.
Kansas City summary lists Quot ation Wheat prices for hard red and No 2 yellow corn bids. Oats, rye and mixed varieties given with bid ranges and station figures. The fragment notes specific prices such as No 2 hard 1.73 to 1.78 and corn No 2 mixed 0.98 to 0.90 per bushel.
Kansas City February eight grain futures closed with wheat May 1.67 percent, July 1.42 percent, corn May 0.98 percent, July 0.97 percent in gains.
Quotations listed for wheat and corn futures in St. Louis with prices for No 2 red and No 2 hard wheat, No 2 white corn, and No 2 oats. Prices shown as dollars per bushel with cents and fractions.
Local packing house quotations list dry salt extras at 17 cents and bacon extras at 19 cents with 14 to 16 pound dry salt bellies and bacon bellies 14 to 11 pounds averaging 20 cents. Pure lard 17 cents and American cheese at 28 cents per pound. Chicago NL Feb 8 Pork quot: May 29.06 29.47 29.00. July 28.80 29.00 28.60. other entries show May and duty prices with range details for futures and spot quotes.
Quotations for butter, eggs, potatoes and poultry vary by type and region. Creamery butter sits around 39 to 41 cents per pound, eggs mostly 40 to 42 cents per dozen, and white potatoes from Washington Oregon Colorado Idaho about 2.25 to 2.35 per cwt. Poultry prices show hens large to small and broilers in the 4 to 6 dollar range per dozen, with live fowl around 21 to 23 cents per pound in Chicago market conditions.
Kansas City market quotes list prices for creamery products with firsts at 39 cents and 38 cents for eggs. Poultry prices show hens at 13 cents, roosters 16 cents, and turkeys 25 cents. Potatoes are 2.25 per bag.
Raw sugar firm with centrifugal at 4.89 and molasses at 34.02. Refined steady with fine granulated at 6.75. Sugar futures steady on covering and aging penny with market firmness. Coffee No 7 futures easy with March at 8.02 and July at 8.18.
Savannah market notes show turpentine steady with 24 receipts and 100 shipments leaving a stock of 15 984. Resin firm with 349 receipts and 250 shipments, quotations listed as A B D E F G I K M N W G W N. Prices range from 6.10 to 6.90 per unit across grades.
Washington February 8 The Federal Reserve Board will discount into currency virtually the entire holdings of paper by member banks if runs are threatened by foreign born depositors. Aid will extend to non members through member banks and trust companies.
The New York market opened unsettled amid German submarine activity fueling fresh selling. Bethlehem Steel and Texas Company showed notable declines while rails and U S Steel edged higher. Union Pacific dividend news spurred a midday rally before a heavy close.
Trading in Mexican money in San Antonio Thursday was at the following quotations.
New York telegram reports mercantile paper at 4 percent and sterling rates for various bills. It notes irregular government bonds and heavy railroad bonds, with mixed signals across currency cables and metal prices.
In New York on February dates the money market shows heavier time loans for 60 and 90 days and six months. Call money remains firmer with a high of 3 and a low of 2, ruling at 2 1/4 percent. Last loan 3, closing bid 2 1/2, offered at 3.
London notes Bar silver at 371d per ounce Money 4 percent discount rates short bills S 5 percent three months 6 5%%.
Metal markets report bids and prices in New York with Lenad at 8.50 bid. Spelter quiet with spot East St. Louis delivery 10 percent asked. Copper firm electrolytic options at 231.00 33.00 for second and third quarters. Tin firm with spot 54.50 to 55.50. Tron steady and unchanged.
London market prices list lead copper tin and alloys with spot and futures values in pounds and shillings. The figures show Lead 47 futures 133. Spelter 30 Spot copper 17 electrolytic 145 Spot tin 200 futures 201.
A humorous exchange suggests addressing sleep talking by providing daytime opportunities for conversation. The quip implies that keeping the spouse engaged during the day may reduce nocturnal talking. The line captures a light, playful tone typical of lighthearted newspaper snippets.
New Orleans market roundup shows steady movement for rough and clean rice on Wednesday. Receipts include 509 sacks rough and 2277 pockets clean. sales feature Blue Rose and Honduras types with prices around 3.25 to 3.75 per unit.
Observations logged at seven in the morning show subzero readings. Wind under ten miles per hour and precipitation below .01 inch are not published in the screen.
In Middleton a novelty concert replaces routine acts as performers wear fancy costumes and sing. Misa Antike sings Forever and Forever to mixed reactions while a sailor character declares Asleep in the Deep in a high cracked voice. The village crier asks Who is her and What character does he represent as the crowd buzzes.
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