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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Feb 14, 1917
Page
11
United States census data show record cotton consumption in the six months ending January at 3,367,663 bales with January alone at 603,701 bales. Spindles active numbered 33,008,609, the most ever, while imports reached 8,463 bales for January and linters consumption stood at 75,756 bales.
The Texas State Depository Board announced successful bidders to hold state funds for two years starting March 1, 1917, with limits of 50,000 dollars per depository. Nineteen banks across cities from Clarksville to Brownsville won, except First National Bank of Crockett and Guaranty State Bank of Amarillo. The average interest bid is a fraction over 4 percent, down from 4.5 percent last period.
A traveling man recalls twenty one days at sea off the Atlantic and twenty nine days off the Pacific. Another speaks of crossing the Kaw river in a skiff near Topeka and going out of sight of land. The first yarn author asserts the Kaw is narrow, only to learn the skiff turned over and he sank twice.
656 acres with two building sets five acre orchard 400 acres fenced woven wire priced at 12.59 per acre easy terms offered by W Arthur Mountainview Missouri Also for sale 1522 acres four houses artesian well and 200 acres in cultivation addressed to Jorge Cantu Chapa box 16 Raymondville Texas
The principal cotton market notes firmer overnight on bullish spot and mill consumption data, with active trading early. Prices eased later as traders cashed in, export demand waned, and rains in the southwest plus a sinking ship weighed on sentiment. New York closed 22 to 27 points lower, New Orleans 15 to 20 points lower, San Antonio at 15.60 cents.
New York cotton opened irregularly then firmed as bullish overnight spot tips and January census consumption supported buying. May rose to 16.56 cents in early trading before easing, with new crop around 16.40, export demand from New Orleans, and Canadian mills showing modest interest, driving some profit taking.
Cotton futures opened steady with March at 16.26 cents and May 16.40, July 16.44, October 16.06, December 16.26. Trading closed 22 to 27 points lower with mixed intraday highs and lows as the market closed near 16.08 to 16.30 for May and October around 16.04 to 16.77 in later sessions.
Bullish January census figures lifted New Orleans cotton, active months up 17 to 28 points in early trading. A record spindle count supported gains, but the market eventually sagged as selling intensified and prices slipped. News of an American vessel sunk by submarines pressured the market after midday, ending barely steady with a net decline of 15 to 20 points.
The New Orleans cotton market opened steady with March at 16.01 cents, May 16.05, July 16.15, October 15.82, and December 15.61 cents. Futures closed 15 to 20 points lower after early gains, with notable highs and lows listed for Tuesday’s session.
Liverpool cotton market notes Good middling at 11.284 cents per pound. low middling 11.004. Sales reach 8000 bales with 1000 for speculation and export. Receipts total 7000 bales.
Futures were barely steady with quotes for February 10.704 and February-March 106.674. Subsequent contracts show mixed small-delta shifts across March to December, ending with October-November 9.74d and December-January 9.63d, amid unclear closing notes.
The Metal Exchange lists lead at 9.25 to 9.75, spelter quiet, copper electrolytic firm with second quarter demand and quotes from 33 to 34, third quarter 31 to 32, tin quiet at 52 to 55. New York Coffee reports No 7 Rio at 10 cents, futures March 8.15 and July 8.34 cents.
New York sugar values quoted for raw and refined grades. refined up 25 points, various sugar forms listed with prices. Sugar futures opened active but nervous, advancing 2 to 15 points before profit taking reduced gains. by noon, prices were 7 points higher to 16 points net. Holland mines roughly 2,000,000 tons of coal annually, about one fifth of the region's needs.
Chicago February 14. Declines in the wheat market weighed on corn and other grains amid worries over potential hostilities with Germany and rail congestion. Opening prices fell, slight rally occurred, then dropped again. Provisions weakened despite hog market firmness as rain and snow in the southwest reduced moisture. Close showed heavy losses with May around 1.71 and July about 1.47, rail troubles keeping prices down.
Chicago quotes for today list No 2 red and No 2 hard red wheat at 1.01 No 2 yellow corn at 1.01 1 Oats standard at 57e 58e and barley at 1.00 1.30 reflecting price ranges in the day’s commodity trading.
Market notes show quotations from Kansas City with prices for various grain grades. Hard red and mixed oats and rye values appear, alongside white oats and corn details, though several figures are unclear or garbled in the OCR.
Kansas City grain futures closed with Wheat May at 1.71 and July at 9.44. Corn May traded around 9.8 and July near 9.7, reflecting cautious trading and slight shifts across the board.
Wheat prices quoted in St. Louis on February 14 with No 2 red at 61.91, No 2 hard at 1.8114 to 1.87, corn No 2 at 99%4c and No 2 white at 1.02, oats No 2 at 57%c and No 2 white nominal, rye No 2 at 1.42.
Jobbers quote prices to retailers or paid shippers, with lower eggs and steady poultry. Texas candled eggs 33 Sic, butter steady, creamery 30 34c per pound, country 25 28c, packing stock 24 26c. Hens large 7.50 9.00, medium 6.00 6.50, small 5.00 5.50, large fryers 6.00 7.00, medium triers 6.50 6.09, broilers 8.00 9.00 per dozen, ducks 7.00 8.00 per dozen, geese partial line.
Quotations today include butter steady, creamery at 32 420, exes higher with 3805 cases receipts. Firsts 42c, ordinary firsts 38144 3%c, at mark. Potatoes higher with regional whites priced between 2.50 and 2.65. Fowls described as alive lower, springs 20% to c.
Union Stock Yards report Feb 11 shows cattle up 10c at Fort Worth as northern markets stay strong. Hogs trend down with irregular, mostly weaker results. St Louis leads gains while Fort Worth posts steady to 2c lower. Local market quiet, light receipts, San Antonio shipments include cattle calves hogs horses for city trade.
Kansas City markets report butter at 42c for first grade 40c for seconds 26c packing 2c per pound. Eggs quoted for firsts 40c. Poultry prices include hens 18c roosters 16c and turkeys 25c per pound. Potatoes priced at 2.60 per 100 pounds.
Local packing house quotations to dealers list dry salt extras at 17 cents bacon extras at 19 cents and dry salt bellies averaging 14 to 16 pounds. Fancy breakfast bacon 28 cents fancy hams 25 percent? bacon bellies 14 to 16 pounds average. Pure lard 18 cents compound 14 cents American cheese 28 cents per pound.
Fort Worth market receipts totaled about 6 000 head with cattle generally steady to 25 cents lower. Steers and stockers ranged around 6 509 to 10.00 for top cattle, cows 7.75 to 7.50, calves 4.50 to 9.60, goats 4.00 to 7.00. Sheep receipts about 600 with lambe 13.00 to 14.00, yearlings 12.00 to 13.00, wethers 9.50 to 10.50, ewes 9.00 to 10.00, culls 6.50 to 7.50. Top bid for bulk cattle 11.75.
Chicago quotes show Park open high low close figures for February and July with multiple price entries across months. The data includes values for os 628 and notes on May and July prices with varied high and low readings. An abbreviated market snapshot reflects commodity or stock activity with fluctuating figures.
Trading in Mexican money in San Antonio Wednesday shows bid and ask values for silver pesos and half pesos. State bank notes and national bank notes are listed with specific rates. Bank of London and Mexico likely referenced alongside Carranza money figures.
New York telegraph quotes show mercantile paper percent at 60 day bills 4.72 and demand 4.75. Sterling 60 day bills 4.72. Cables Franks 5.84 percent, cables 5.83. Guilders demand 40 percent, cables 40. Bar silver 78.5 cents, Mexican dollars 60.5 cents. Government and railroad bonds irregular.
New York February 14 large government bids were recorded for underwear hosiery cotton duck and other army supplies. Cotton goods stayed firm yarns eased and men s wear and silk remained steady.
A fragmented list shows cotton receipts and port statistics across multiple U.S. cities including Galveston Houston Texas City New Orleans Mobile Savannah Charleston Wilmington New York Boston Philadelphia with references to fatal recess and a note about a Hungarian invented street letter box and a Tacoma machine that harvests threshing byproducts.
Receipts and quotations from Chicago show hogs at 46,000 head with a steady to higher market, bulk 12.20 to 12.45, pigs 9.50. cattle 15,000 head with a firm market, native beef 7.85 to 12.15, western steers 7.85 to 10. stockers and feeders 6.10 to 9.15, cows and heifers 5.20 to 10.40, calves 10.00 to 14.25. sheep 15,000 head, market strong, wethers 10.86 to 12.00, lambs 12.35 to 14.90.
Receipts and quotes show hogs at 127000 head with steady to lower bids, heavy animals at 12.25 to 12.35, and most hogs near 11.50 to 12.30. Cattle receipts 6000 with primes 11.25 to 12.00, dressed beef 9.00 to 11.00, cows 5.50 to 9.50, calves up to 13.26. Sheep receipts 8000 with lambs 12.75 to 14.75 and yearlings 12.50 to 13.50, wethers 10.75 to 11.75. Stockers and feeders mixed 6.75 to 13.50.
Receipts total 12 600 hogs with higher prices for all hog categories led by lights at 12 25 to 12 40 and good heavy hogs at 12 46 to 12 65. Cattle receipts 83 00 head and a higher market with native beef steers 7 50 to 11 75, yearlings 8 50 to 11 50, cows 5 50 to 9 50, stockers 5 30 to 8 50, Texas quarantine steers 5 50 to 9 50, prime southern beef steers 8 00 to 11 00, beef cows 4 25 to 9 00, native calves 6 00. Sheep receipts 3 000 head with lambs 12 75 to 14 40, ewes 8 00 to 11 00, yearlings 11 50 to 13 50.
The New York market shows time loans at 60 days 4 percent, 90 days 4, six months 4. Call money firm at high 2 percent and low 2, ruling rate 2 percent, last loan 2 percent, closing bid offered at 2 percent.
Bar silver quotes at 377 16d per ounce. Money rate steady at 4 percent. Discount rates: short bills five percent, three months five percent.
Observations recorded at 7 a m on Wednesday February 14 1917 note wind under 10 mph and precipitation under .01 inch not published. U S bureau of fisheries set a record in November shipping 6000 live lobsters from Maine to Washington with under 10 percent loss. Quip about a noisy palm and college yell from the adjacent dentistry college adds local color.
The Interstate Commerce Commission approved increased molasses rates from New Orleans and Monroe to Texarkana and related points. Proposals to raise molasses rates on Texas and Pacific between Westwego elevators and New Orleans to Boyd and Kiblah were disapproved. A rule limiting molasses in mixed carload shipments to one third of the total weight was also disapproved.
In New Orleans on February 14 the rough and clean rice markets held steady with unchanged quotes. Receipts totaled 7,386 sacks rough and 24,529 pockets clean, including 20,900 pockets for export. sales included 8,532 pockets of clean Honduras and 1,765 pockets of blue rose, with Japan listed at 0 pockets.
Turpentine firm quotes 49 cents with receipts 128 and shipments 831, stock 15 334. Resin firm shows sales 563, receipts 809, shipments 470 with work 79.3. Quotations list A through G at 6.01 to 6.60 with window glass and water white around 6.80.
Trading opens sluggish with declines led by Bethlehem Steel Mexican Petroleum Baldwin Locomotive Studebaker and Ohio Gas. United States Steel falls further from a slight opening recession while Central Leather American Sugar Continental Can and Pittsburg Coal edge higher. Rail stocks show weakness with Canadian Pacific hardest hit. Food prices and wholesale trade figures for fruits vegetables canned goods and cereals populate the rest of the market round up, including sugar coffee rice and various imports.
Egg prices drop slightly while Texas country candied prices rise to 3 34 cents a dozen and turkeys move to 2 23 cents a pound. Butter remains steady as carrots sell at 4 per hundredweight. Lemons at 3 50 per box and hot green chili peppers jump to 35 cents a pound. Mexican pesos up to 56 bid 57 asked. half pesos to 51 bid 52 asked. Seeds grains and mill products unchanged.
Prices for vegetables from California Florida Texas and Cuba listed by item. Potatoes onions tomatoes celery cranberries cabbage cauliflower peppers beets beans carrots radishes turnips chili peppers lettuce eggplant sweet potatoes and yams with per hundredweight per crate per pound and per bushel figures.
Sandusky Ohio reports J J Stanahan former Put-in-Bay fish hatchery chief praises the Lake Erie mud puppy as a delicate morsel. He says it rivals fine fish when prepared properly and notes locals consider it a potentially profitable market as they catch lizards near the island, especially through the ice in winter.
Mr Neverwed asks if his wife treats him the same after marriage. Mr Peck replies not exactly noting changes since they wed. before marriage he needed to speak to her when he displayed something.
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