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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Feb 26, 1916
Page
9
Dry goods market reports uneven trading with some gains as final prices edge up. bullish sentiment emerges among traders amid cautious activity and periodic demand.
In New York the cotton market opened steady then declined as weakness in New Orleans and southern selling dampened sentiment. March contracts fell to 11.06 and May to 11.24 before rallying. May finished at 11.81 as overall tone remained nervous and buying orders diminished.
New York markets show cotton futures opening steady with March at 11.17 cents and December at 11.86 cents. The contracts finished the day barely steady, with May 11.35, July 11.58 and October 11.71 cents.
New York February 26 Spot cotton quoted Middling uplands at 11.20 cents per pound with no gales reported.
Buyers in San Antonio paid prices for cotton delivered at local compresses Saturday. The report lists grades and values with terms such as strict low middling and strict good ordinary, reflecting the market at the time.
In New Orleans on February 26 sentiment in the early cotton trading favored values amid overnight international politics news. After an initial rise and a quick drop to 11 points below yesterday, profits realization and short covering lifted the market, with active months finishing two to four points higher than the prior close.
Cotton futures opened steady in New Orleans with bids at March 10.84 May 113.08 July 11.84 October 11.53 and December 11.69. Futures closed steady with a net change of one point down to one point up.
New Orleans on February 26 reports spot cotton steady with sales around 900 and 700 arriving. Prices range from good ordinary 9.63 to strict good middling 11.94, with several intermediate grades noted.
Spot cotton quotes for February 26 show good middling at 8.00d, middling 7.734d, low middling 7.394d. Sales reach 8000 bales, including 2500 for speculation and export. Receipts total 10,000 bales.
It lists daily futures for February through January next year with closing figures. The table includes pairings such as February 7.56d and December-January 7.22 with small percentage signs.
Galveston news reports that the embargo on cotton set by Southern Pacific lines applies only to the Mor an Steamship Lines terminals and to cotton bound for New York. Other terminals and concentration plants remain unaffected.
The cot ou market closes strong in New York on February 26 with futures showing March at 7.75 97.76 and May at 9.54 9.55. Other months list bids ranging from 9.00 to 9.70 with total sales of 400.
New York February 6 cotton goods and yarns were firm and advanced today. Workers remained firm. Ready-to-wear production slowed due to labor difficulties. Jobbers reported solid business.
Savannah Georgia February 26 Turpentine firm receipts and shipments reported with stock levels resin price movements and quotations for several grades. Market activity appears steady with range estimates across multiple firms and brands.
January exports totalled $325,535,303, down from December but well above January of the previous year. Imports rose to $184,192,299, with about 74 percent duty free, while seven month totals set new records for exports and imports. Gold movements were modest, with imports at $15,608,232 and exports at $10,213,517.
Wholesale prices to the trade on Saturday follow Begs steady. Texas country candled 17 18cc. Butter firm at 31 33c per pound from Texas creamery. country 18 70c. packing stock 13 15c per pound. Poultry firm with hens at 5.00 6.00 per dozen. friers 4.50 5.50. broilers 2.00 3.50. turkeys 15 ice pound. ducks 24.00G 5.50 per dozen. geese 7.00 10.00 per dozen.
Quotations show butter at 24 32% cents, eggs lower with 6962 cases received. Potatoes 23 cars received unchanged. Poultry alive prices rise with fowls at 15 cents and springs at 17% cents.
New York February 26 coffee prices hold steady with No Rio at 94 cents per pound and futures for March at 7.68 dollars per cwt while July contracts show similar stability.
New Orleans market update notes rough Honduras and Japan steady with unchanged quotations and clean Honduras firm. Receipts listed as rough 2415, millers 2147, clean 3826. Sales show 100 sacks trough Honduras at 4 dollars and 1207 pockets of clean Honduras at 3 4 1 2 cents.
Marine intelligence from Galveston Texas lists arrivals and departures on February 26. Vessels arriving include Nils from New Orleans. Sailed include Comal and El Peco bound for New York. Other ships listed travel to or from ports such as Port Arthur Vera Cruz Havre Marseilles and Barcelona with various flags.
Observations taken at 7 a m May 26 1916 and February all in the notes by Allen Buell local forecaster.
Wheat prices showed marked weakness on February 26 as Liverpool quotes fell on forecasts of reef shipments from Argentina and Australia. Bearish pressure also came from deferred US export sales and rising receipts in the northwest. Corn firmed on lower arrivals while wheat broke on New York stock market weakness and rumors of the fall of Veroun.
King George, staying at a peer's country seat near Cromwellian battle sites, meets a village blacksmith returning from a shoeing expedition. The monarch asks about a large nearby battle, and the blacksmith relays a modest tale of a few rounds with Bill the postman, unaware of the king’s knowledge.
San Antonio grain buyers posted prices for wheat corn and oats. Wheat at 1.36 per bushel Texas and northern. corn No 2 Texas 8 corn No 2 northern 78 northern white 87e per bushel. Oats Texas fed 63c bulk 58c sacks 5c additional northern white 61c bulk 68c sacks per bushel. Oklahoma prices align with Texas grades.
Local prices list from a packing house shows dry salt extras at 13 percent, bacon extras 14 percent, dry salt bellies averaging 14 to 16 pounds at 16 percent, fancy breakfast bacon 26 cents, fancy hams 1.5 cents, bacon bellies 14 to 16 pounds average at 17 cents. Pure lard 11.5 cents, compound llc.
Kansas City quotations listed No 2 hard wheat at 1.07 to 1.12 a bushel No 2 red 1.07 to 1.10 Corn ranges include No 2 mixed 69 1/4 to 70 cents No 2 white 70 0 to 70 1/2 cents Oats show No 2 white 47 4 to 48 cents No 2 mixed 45 1/2 cents to 46 cents
Kansas City closing grain prices show May wheat at 1.04 dollars per bushel with the monthly price at 1.03. May corn at 71 and July at 72 cents. May oats at 44 44 cents.
Quotations show Wheat No 2 red 1.16 dollars with 1.21% gain No 2 bard nominal. Corn No 2 73 cents No 2 white 73 and a half cents. Oats No 2 48 3/4 to 49 1/2 cents. No 2 white nominal.
Wheat prices show No 2 red at 1.17 and No 2 hard at 1.12 to 1.45, with corn No 2 yellow nominal and oats standard at 43 to 44 percent, barley at 64 to 70 cents.
Copper firm in New York as of Feb 26 with nearby delivery at 28.50 dollars per hundredweight and June and later bids at 27.00 to 27.50, unchanged from prior levels.
A brief market note outlines current cotton price trends in San Antonio, with rapid shifts in value across grades and staple lengths. Traders monitor futures, local bids, and crop yields to gauge near term activity.
The Railroad Commission of Texas announced a hearing for March 14 on a hay and grain shipper complaint against the Rock Island division serving Shamrock, Groom, and McLean. Shippers allege routing orders were ignored causing a loss of two to four cents per bushel. the panel may order routing observance or refer the case to the attorney general for possible penalties.
Fort Worth cattle receipts reach 325 with steady market. Beeves trade 6.5 to 7.65, stockers 6.00 to 6.25, cows 3.25 to 6.60, heifers 5.00 to 7.50, calves 4.00 to 8.00. Hog receipts 1900 with prices 7.90 to 8.10 bulk, 8.15 high. sows 7.75 to 8.56. Sheep receipts 126 with lambs 8.50 to 10.50, yearlings 7.50 to 8.50, weth? 7.50 to 7.75.
Chicago daily notes receipts and quotations for hogs cattle and sheep. Hogs receipts 13000 market strong bulk 8458.70 light 3.55 8.65 mixed 230 8.75 heavy 3.25 8.75 rough 8.25 8.49. Cattle receipts 100 market steady native beef steers 6.85 9.50 western cattle 6.75 5.20 stockers and feeders 5.55 7.70 cows and heifers 3.25 8.25 calves 8.50 11.25. Sheep receipts 1000 market steady wethers 8.00 8.50 lambs 9.26 11.85.
Kansas City market report shows hog receipts 600 with higher prices from 8.30 to 6.50 for pigs. Cattle receipts 160 with steady trade. prime fed steers 8.50 to 9.00, dressed beef steers 7.25 to 5.59, cows 4.97 to 9.99, heifers 6.50 to 8.49, stockers 6.25 to 8.35. Sheep receipts none with steady tone. lambs 10.50 to 11.00, yearlings 9.25 to 10.00, wethers 7.75 to 8.35, ewes 7.00 to 7.80.
Receipts and quotations show hogs higher with 7 900 head. pigs and lights 6.00 to 8.60, mixed and butchers 8.35 to 8.70. Native beef steers 7.50 to 9.50, veal and stockers 4.00 to 6.00, Texas and Oklahoma cattle 5.28 to 0.0. Sheep receipts 700, yearling wethers 8.00 to 9.70, lambs 9.00 to 11.40.
A visitor recounts watching a six year old boy named Bobby in room five quietly drawing pictures. The child answers a question about an engine by saying he is making a picture of a locomotive, noting it would take a very strong boy to draw an engine.
Today’s Army orders First Lieutenant Ralph W. Du Senbury Eighteenth Infantry will proceed to Alcatraz Cal and report to the United States disciplinary barracks for duty vice First Lieutenant Leo I Samuelson relieved Leave of absence of two months granted First Lieutenant William Niao Seer Nar LAA FTI 4 A United States Marine dead Mat itihena as an assistant executive officer of national matches for 1916.
Chicago and St Louis visitors by name stay at the Menger and St Anthony while Dallas and Houston guests arrive at the Gunter and St Anthony. Names include P. D. Craig Paul Nolden Arthur Bell John Dawson Major Smith J. G. Coghlan J. W. Finch Kerr Wilmer Truett Humrichhouse Monroe Gahan and others.
Lippinecott's Magazine recounts Hugues Capet granting a dowry and a wedding ring to an elderly couple after recognizing a woman's exceptional service. The tale inspires a national trend: celebrating silver weddings after twenty five years of marriage becomes a fashionable custom in France.
The speaker argues that long engagements harm Love's Young Dream and that a fair deal rarely satisfies both sides. He notes each side will feel shortchanged and suggests pride in labor marks over leisure.
Initial quotations in New York show little change from yesterday with rails mostly higher, except for Canadian Pacific Northern Pacific and Chesapeake Ohio. Marine preferred Crucible Steel Pacific Mail and Industrial Alcohol ease, while American Locomotive leads gains in equipment stocks and United States Steel remains volatile.
A San Antonio money market page lists Mexican currency quotations with various rates. the record shows notes from banks and figures for peso values including half pesos and Carranza money, reflecting the exchange environment.
The statement of the actual condition of clearing house banks and trust companies for the week shows reserves in excess of legal requirements at 13 998 790 dollars, a decrease of 17 009 750 dollars from last week.
Mercantile paper 3 percent, Sterling exchange 4.7144 on sixty day bills, demand 4.76, cables 4.7615-16. Guilders demand 4.2 and cables 4.24. Bar silver 56 cents, Mexican dollars 43. Government and railroad bonds steady as trading closes.
London on February 26 reported bar silver at 27 1 16d per ounce money at 4.4 percent and discount rates for short bills and three months at 6 percent.
The Civic League of Goshen Indiana warns it will prosecute anyone leaving the saloonless town for Elkhart who becomes drunk there and rides home on traction cars. Under 1913 law intoxicated persons on traction or steam cars and in railway stations are liable to fines and jail. Late Chicago South Bend Northern Indiana Traction trains have many drunken riders. officials say Goshen police ignore league requests for arrests.
Judge Henry Hudson rules Osage Indians are full United States citizens under the fourteenth amendment. Two thousand two hundred twenty nine tribal members gain personal property control while real estate remains with the tribe. Divorces based on tribal custom are invalid. state courts must grant them.
A class of 24 fledgling aviators at the Stinson Aviation school on the South Loop in San Antonio trains daily from dawn to night in ideal weather. The group includes men from Ottawa Toronto Montreal and other Canadian cities alongside Americans. The setup features three aircraft a cleared landing area near the White Horse tavern and hangars for protection.
Returning from Ingleside, BE O Burton reports favorable signs of a good oil well. Drillers estimate potential output above 100 barrels daily after finding 52 feet of oil sand at 3000 feet and a thick oil bearing sequence, with casing to bottom and perforated section to draw oil and gas.
By U G W of A announces a prize mask ball at W. O. W. Hall on Saturday February 26. Admission is 25 cents. Proceeds benefit the organization activities.
Dr Albert J Caldwell Ear Nose and Throat at 613 Gibbs Building. Phone Cr 8299. Advert.
Three hose thefts were reported Friday night. W. L Cory of 405 Schley avenue reported 25 feet of black hose stolen. Hospital grounds lost 68 feet of hose and 50 feet were taken from Mrs. M. Pierces residence at 1118 West Houston Street.
Reinhard & Co., coffee roasters advertise a quality guarantee for Red Swan Coffee with emphasis on guaranteed quality.
A prize masquerade ball hosted by the Herman Sons Maennerchor at Here nan Sons hall on Saturday February 26 with admission 25 cents. Four cash prizes will be awarded and Puppe's Orchestra provides music.
Active Auto Livery advertises new car arrivals and hourly rates of $1.50 and $2.00. The listing labels Cr. 999 and New 999.
Edward Baxter Perry speaks at San Antonio Female College on Tuesday February 29 at 8 15 p m admission is 40 cents adv.
Several fire companies responded to an alarm at 8 o clock Friday night at the home of Mrs. L Niera 726 Chestnut street. Chemicals checked the blaze in the flue before any damage resulted.
Advertisement for Overland Auto Livery lists addresses 216 Soledad St Cr. 5100 and 4100 with new rates 900 dollars? and hourly charges of 1.50 and 2 dollars. The brief notes hourly pricing and locations.
O'Connell Loan Co. at 112 B Houston St advertises loans on diamonds watches and jewelry offering quick cash against personal valuables.
Direct buy offers over 600 1917 calendars with ten percent discount and free delivery to offices. Dulling Printing Co located at 131 Losoya Street promotes the sale and distribution of calendar samples.
Co. W. Davis advertises Elgin and Waltham watches for sale with easy payments and credit terms under number Cr. 6114. The notice highlights flexible options and affordable monthly plans for buyers seeking timepieces.
Sunday excursion to Medina Dam priced at 2.50 per person with round trip service. Cars available for 5 and 7 passengers. Advertisement lists Cr. 999.
Prof Sureddin offers Medico Osteopathic, Electric and Swedish Massage and Adjustment services at 316-17 Hicks Building. Appointment details unspecified.
Robert Combs reported his jitney No. 7407 was rear ended at 5 30 Friday afternoon in the 1400 block of Avenue D. Two passengers were slightly hurt and the other driver was not charged.
Sewer connections and plum details provided by W. G. Schuwirth & Co at 231 Commerce St Crockett 641 Adv.
Local ad from Alamo Jewelry Co appeals to customers to sell or trade old gold silver diamonds and coins. The notice lists 315 Alamo Plaza and references a previous address (Ady) as context for the business.
Reliable colored help hosts a dance at Academy Hall on a scheduled date with a lively set. Attendees can expect a bright program and a stylish social event.
In Wasco Oregon H M Spencer a rancher on the five miles northwest of Wasco awoke to yapping. He stood on his bed where his wife and child slept and used the shotgun butt to stun a snarling coyote then beat the animal to death with a club after the coyote leapt toward the door and the cabin.
A fragmented OCR snippet shows a mysterious disappearance theme with quirky dialogue about a hole in a donut and a cryptic line about seven. The readable text suggests a playful or puzzle oriented note rather than a clear news item.
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