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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Feb 16, 1917
Page
13
The daily quotations show middling cotton prices for delivery at market hubs. Reports list sales in various cities including San Antonio, Houston, Galveston, New York, New Orleans, and Liverpool with figures such as 16.05 and 714 units noted.
The Liverpool cables sparked a moderate morning rise in cotton prices but demand stayed limited. By noon prices showed a fair net loss as export prospects and railroad freight embargo talk weighed on sentiment. A late rally followed reports that English marine war risks had eased, with New York closing 7 points down to 1 up and New Orleans up near 3. San Antonio spots at 16.40.
Liverpool cables supported some covering after yesterday's decline but market turned easier with local selling and liquidation. May fell to 15.79 before midday, then rallied to 15.94 on afternoon buying as marine risk talks eased. March opened 15.93 with steady early action, overall activity described as small and uneven.
The New Orleans cotton market opened nervous but rose 7 to 15 points on better cable news. By noon offerings grew on weak export outlook and freight embargo talk, then steadier in the afternoon as short sellers bought back. By 1:30 trading months stood 4 to 6 points above yesterday’s close.
New Orleans cotton opens steady as March touches 15.58 and May 15.44 amid quiet trading. July futures at 15.66 asked and October 15.22 with December 15.35. closes 1 to 3 points up led by March at 15.58.
Spot cotton prices eased in Liverpool on February 16 with good middling at 10.86 pence per pound and mid and low middling around 10.84 and 10.684 pence. Trade notes 8,000 bales sold, 1,000 for speculation and export. receipts total 25,000 bales.
The Liverpool futures page shows quiet trading with various forward points listed. Notable quotes include February 10,314 and ranges across February-March to January-February and beyond.
Yesterday had no precipitation and a normal pattern with .06 inches record. The daily deficit stands at .06 inches and total precipitation since January 1 is 1.44 inches with a deficiency of 1.03 inches.
Wheat prices fell amid gloomy export outlook and weak hogs markets. Traders monitored rail transport measures while domestic stock moves influenced by ample Minneapolis arrivals and later Kansas Nebraska crop reports. Corn and oats followed with overall market weakness, shipments from Chicago remaining light.
Market notes show sparse data with Wheat May and Sept quotes and Corn figures including 148 1 and 101 percent, alongside open high values and a 4 percent marker. The fragment hints at commodity price movement without clear context or full figures. Entities: Wheat Corn May Sept, 100, 87, 65, 176.
Quotation figures from Chicago show meat markets with No 2 red yellow and hard nominal grades. Standard barley prices stand around 1 001 30 as of February 16.
Price quotes show Wheatie up to 1.75 to 1.84 per bushel, No 2 red at 1.78 to 1.80, Corn No 1 mixed 98 3/4 to 98 1/2 cents, No 2 white 98 1/2 to 99 cents, Oats No 2 white 59 cents, No 2 mixed 57 to 58 1/2 cents, Kaffir and mile meal at 2.38 to 2.63 per unit.
Kansas City market report shows grains slipping to May and July contracts with modest gains. May grain trades near $1 and July around $1 while Com May at 98 and July OT percentage to change.
New York on February 16 shows open noon and close quotations for cotton seed oil with the Feb and Mar contracts listed. Prices at 2 p.m. show slight shifts with the same general level across February and March series.
Galveston February report lists arrivals including El Valle from New York and two others, El Mar and El Monte, with ships docked on the harbor. The brief notes incoming vessels and their origin as part of a routine maritime intelligence bulletin.
New Orleans reports rough and clean rice holding steady with Thursday quotations unchanged. Receipts total 5780 rough sacks and 8720 millers, 2651 pockets clean. sales include 400 pockets and 1409 pockets blue rose and Anduras.
An experienced comptometer operator seeks specialized assignment. Apply to Mr. Munster, Fisk Company of Texas, Abare.
In St Louis on February 16 quotations show No 2 red wheat and No 2 hard wheat, No 2 corn at $1.00, No 2 white corn at $1.08, and oats at No 2 58, No 2 white 85.
Local packing house quotations to dealers list dry salt extras at 17c bacon extras 19c and assorted products. Descriptions include 14-16 pound average dry salt bellies at 14-16 pounds, fancy breakfast bacon 28c, fancy hams 22c, lard 18c, compound 14c and American cheese 28c per pound.
Open and high quotes listed for Chicago trading with multiple figures across commodities. A dense, numeric record shows bid and ask movements and price ranges across several entries.
Savannah notes show turpentine quiet at 49c with 28 sales panel receipts and 2 shipments, stock 14,947. resin firm with 18 sales and 269 receipts, 20 shipments, stock 18,808. Prices listed include various grades around 6.50 to 6.90 per unit.
Spot demand for staple cotton goods held steady in New York on Thursday with men s wear quiet but prices firm at a high level. Staple ginghams rose by half a cent per yard as yarns stayed steady.
The Interstate Commerce Commission has assigned the reopening of the Shreveport rate case to be heard March 12 in Dallas. Testimony will be taken then though it is unclear which ICC officials will attend. The Dallas hearing is expected to last several days.
Shippers prices Friday to retailer or paid shipper, less commission fees. Butter at 32 cents steady from Texas sea site. Creamery butter 30 to 34 cents per pound, country 25 to 28 cents, packing stock 24 pounds. Hens large 7.60, medium 6.25 to 6.75, small 5.50 to 6.00, large fryers 6.00 to 7.00, medium fryers 5.60 to 6.00. Potatoes 3.66 to 4.00, small springs 4.00, turkeys 22 to 24 cents per pound, ducks 7.00 to 8.00 per dozen, geese 12.00 to 16.00.
Butter steady with no change. Creamery 32 42c. Eggs firm with firsts 42c ordinary firsts 38% 39c 39 40%c. Potatoes rise with 46 car receipts. White stock from Washington Colorado Oregon Idaho $2 552.70 Michigan Wisconsin $2 502.60. Poultry alive unchanged fowls 21c springs 20%c.
Kansas City price notes list butter and egg quotes with creameries at 42c and 38c respectively for firsts, 40c for first, 37c for seconds, packing 26c. eggs firsts 38c. poultry hens 180, roosters 16c, turkeys 25c. feed fattene at 2.55 to 2.60.
New York sugar market notes nominal raw sugar at 5.40 per cent centrifugal and molasses at 4.80. Fine granulated sugar quoted at 7.26. The text shows market prices from a New York report with figures for raw sugar centrifugal and molasses.
The New York market reports No 7 futures for coffee were steady with March at 819 and July at 843, as traders balanced supply concerns with steady demand. Market activity appeared subdued on February 16.
A table lists bale stock figures by city including Houston New Orleans Mobile Savannah Charleston Wilmington Norfolk Baltimore New York Boston Philadelphia Brunswick and others. It shows stock yesterday 1,813,030 and 4,283 for Galveston and Dallas areas with a total panel reading. deficit this season is 239,627.
The data lists yearly totals by region including Great Britain France and other foreign ports. It also shows coastwise port totals and overall sums for two periods, with figures in thousands and hundreds, reflecting gradual changes across categories.
Liverpool on February 16 reports weekly cotton movement with 86 000 bales forwarded to mills. American stock 883 000 bales, total 742 000 on American. Imports 102 000, American 65 000. Exports 14 260 bales.
A bill introduced by Representative Stephens provides for a branch farm loan bank at Wichita Falls, matching Senator Sheppard's recent bill but naming Wichita Falls specifically instead of a branch bank elsewhere in West Texas.
The Railroad Commission gave notice that it will take up and consider on March 13 a complaint by Melon shippers against the International and Great Northern Railway. The issue concerns inadequate facilities to protect perishable freight from rain and sun during loading.
Satisfied Charles Sarka, summer resident of the Adirondacks above Gloversville New York, recalled a corn roast at a nearby camp last year. Illinois guests hosted a young Scandinavian brakeman from the Illinois Central railroad. He spoke little and was overdressed. Mrs. Sarka served hot water to dilute the coffee. He declined saying his coffee was hot enough.
The on again off again cattle and sheep markets showed slight drops with hogs weakest. Fort Worth hogs fell 5 to 10 cents while Chicago prices weakened though Kansas City remained strong. Receipts were light and local market steady with good week-ahead prospects.
Fort Worth Texas on February 16 market reports show cattle receipts around 2600 with steady to active trade. Hogs receipts about 4000 with price ranges near 11.60 top and steady decline. sheep and lambs also steady with lambs 13 to 14 dollars and ewes 9.50 to 10.00.
Chicago reports receipts of 30,000 hogs with mixed and heavy hog prices ranging from 9.40 to 12.05 and bulk around 12.01. Cattle receipts hit 3,000 with native beef cattle at 7.50 to 12.00, western cattle 6.25 to 9.25, cows and heifers 6.20 to 10.40, calves 9.75 to 14.00. Sheep receipts 9,000, with wethers 11.00 to 12.00 and lambs 12.40 to 14.90.
Kansas City market notes receipts and price ranges for hogs cattle and sheep. Hogs steady with bulk 12.00 to 12.36 and heavy 12.35 to 12.40. cattle steady with prime fed steers 11.25 to 11.85 and dressed beef steers 9.00 to 11.00. sheep strong with lambs 13.00 to 14.75 and yearlings 12.50 to 23.40.
Receipts 10 000 hogs market steady with Lights 12.25 to 12.45 pigs 9.00 to 11.00 mixed and butchers 12.35 to 12.56 good heavy 12.50 to 12.56 native beef steers 7.50 to 11.75 yearling steers and heifers 8.50 to 11.60 cows 6.50 to 8.50 stockers 5.30 to 8.50 prime southern beef steers 8.00 to 11.00 beef cows and heifers 4.25 to 9.00 native calves 6.00 Sheep receipts 700 market steady lambs 12.75 to 14.85 ewes 8.00 to 11.50 yearlings 11.50 to 13.60
New York Feb 16 lead firm and zinc quiet with East St. Louis delivery 10 1 2 percent asked. Spot and nearby deliveries quoted 33.00 to 34.00 with third quarter 33.90 to 33.100. July sales reported. iron steady and tin easy with spot 49.50 to 50.50.
London market snapshot lists lead at 30 pounds 10 shillings, Spelter at 47 pounds, spot copper futures at 136, electrolytic at 149, spot tin at 198, and futures at 197 pounds 10 shillings.
Observations logged at 7 a m on Friday February 16 1917 report winds under 10 miles per hour and precipitation less than 01 inches. This note is issued by Allen Bull, Meteorologist, Weather Bureau.
New York trading opened firm as railroad measures to ease car shortages and port congestion lifted overall sentiment. Leaders edged higher with mid session gains across shipping, copper, oils, and other specialties while steel and rails rose modestly and a crowded final hour capped a firm close.
Trading in Mexican money in San Antonio showed peso quotations with bid and ask figures. Bank notes from the State and National banks, plus Bank of London and Mexico Carranza notes, were listed with varying prices.
Abe York February 16 report shows mercantile paper sterling at 4.724 bills 60 day bills 472 percent commercial 60 day bills 472 percent demand 475 percent cables Guilders 40 percent cables 4011-26 Mexican sale 60 percent government bonds easy railroad books irregular
New York market notes easier rates for time loans with 3 to 4 percent offers and six months at per cent. Call money remains steady with high and low at 2 percent, ruling rate 2 percent, last loan 2 1 2 percent, closing bid 2 percent, offered at 2 percent.
London reports bar silver at 384d per ounce and money at 3 percent. Viscount rates show short bills at 5 percent and three months at 6 percent.
Wholesale cage prices fell by a cent with Friday trading. Texas country cewsee now at 32 to 33 cents a dozen. Medium hens rise to 6.25 to 6.75 and small hens to 5.50 to 6. Receipts remain light while butter holds steady. California Zetatese up to 4.50 per hundredweight. Brea 1.77 to 1.82. Meal at 92. cents per 35-pound sack. Wheat shorts 1.95 to 2.97 per hundredweight. wheat screenings 2.25. Wholesale grocery prices unchanged.
Prices to retailers or shippers include California potatoes at $4.50 per hundredweight and Colorado at $4.20. Onions show California at $11.00 per hundredweight and Cuban onions at $4.00 per six-bale, with other regional quotes noted in the wholesale market listing.
Brownsville authorities and the state health department filed 74 dozen complaints alleging the sale of impure milk by local dairymen. The action marks a broad initiative to enforce milk quality standards.
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