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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jan 07, 1917
Page
29
Temperature high 65 low 49 mean 62. Normal 61 for the day. Excess 1 for the month 79 since January 1 accumulated excess 79. Precipitation total none from 7 pm to 7 pm. Normal 0.6 for the day. Deficiency 0.06 for the month 0.29 since January.
The article provides daily quotations from principal cotton markets for guidance in buying and selling. It notes that middling grade prices are quoted and deliveries apply to market locations unless stated otherwise.
A steadier tone emerged in the cotton market last week on firmer spot demand and interior steadiness. May futures rose to around 18.24 from 17.36 as of New Year’s Friday, closing 18.23. gains reflected improving sentiment toward peace prospects and broader commission house demand, with exporters and foreign buyers showing renewed interest.
York markets report January cotton futures at 17.85 for January 17.85, March 17.98, May around 25, July near 17.6, October 17.18. Prices closed 37 to 38 points higher with session highs and closes quoted across multiple months.
Liverpool is due to open Monday with a 20 to 21 percent point lead. The move signals a strong start as markets react to early momentum and investor expectations.
Arrived: Nueces. New York. Sailed: Henry R Mallory El Cid New York Housatonic London Fort Bragg Guantanamo Catania Tampico Elswick Lodge Newcastle England Leith Andalusia Barcelona Fort Morgan New Orleans Nubian Liverpool.
Savannah records show turpentine and resin firms with varied figures. Turpentine firm reports 563% sales 297 receipts 297 shipments 1300 stock 76800. Resin firm notes 563? percent values and multiple prices cited for sections F G H I K W Wr.
In New Orleans on January 6 rough and clean rice held steady with unchanged quotations. Receipts totaled 86 sacks rough, 686 g arks millers, and 2806 pockets clean. Sales included 747 pockets of Clean Honduras, 892 pockets Japan, and 737 pockets Blue Mose.
Observations recorded at 7 p m show light winds under 10 mph and precipitation under .01 inch not published. Meteorologist Allen Buell notes the weather details from the Weather Bureau. A Baltimore American cartoon dialogue questions fatigue uniforms for officers.
Wholesale price list for fresh vegetables and fruits to retailers and shippers. California and Texas figures cover potatoes tomatoes cabbage cauliflower peppers lettuce parsley eggplant and more with crate, per bushel, per dozen, and per hundredweight rates. Steel prices extend to dried fruits canned goods nuts and animal byproducts with regional variations and packaging terms.
In the past week wholesale markets showed little activity with early week stability followed by upward shifts Friday and Saturday. Beets carrots turnips Texas tomatoes celery sweet peppers California potatoes yellow yams rose. Bananas and Texas lettuce declined. Chicken prices rose about 60 cents a dozen midweek. Receipts remained light. Sudan grain gained while Milo Maize fell. Flour alfalfa white corn and corn chops also increased. Hides sugar and lard trends noted.
The Washington Star quotes a famed pianist saying he lets his hair grow long to give the audience something to amuse those who do not truly care for music while he performs.
At Union Stock Yards Kansas City and St Louis the live stock market showed fluctuations over the past week. Hogs slumped early while cattle and sheep were featureless, receipts remained heavy, and prices varied by center before easing on Saturday. Local market held up better than expected with strong Tuesday and Wednesday demand and steadier prices as receipts fell later in the week.
Fort Worth reports cattle receipts 350 with steers at 36.00, stockers 6.00 to 7.25, heifers 5.50 to 6.25, cows 4.56 to 6.25, bulls 4.25 to 5.50, total 34 400. Hog receipts 2000, bids down to 19.00 19.20 bulk, top 10.49. Sheep market nominally steady with lambs 14.00 to 15.25, yearlings 8.50 to 9.50, wethers 7.75 to 8.50, ewes 7.25 to 8.00, goats 3.25 to 6.00.
Chicago cattle and sheep receipts show market activity with gains over yesterday. Prices for native beef cattle range from about 7.50 to 11.80 dollars, western steers from 7.65 to 10.00, stockers and feeders 5.35 to 8.40, cows and heifers 4.30 to 10.00, calves 9.00 to 13.25. Sheep market remains steady with wethers at 9.25 to 19.50 and lambs at 11.40 to 13.75.
Receipts and quotations show steady to higher markets in Kansas City. Cattle listed include prime fed steers 10.75 to 11.50, dressed beef steers 8.50 to 10.50, cows 8.25 to 9.00, heifers 6.50 to 10.50, calves 6.50 to 7.50, and feeders 6.25 to 8.75. Sheep market steady with lambs 12.75 to 13.25, yearlings 13.00 to 15.00, wethers 8.75 to 10.00, ewes 8.00 to 9.25, stockers 6.00 to 12.00.
Receipts and quotations from St Louis show hogs up to 10.80 for heavy hogs and market firmness across cattle and sheep. Hogs demand: lights 10.70 10.80, bulk 10.30, porkers mixed. cattle: native steers 7.50 11.50, cows 5.50 6.50, stockers 5.30 8.50, prime southern beef steers 8.00 9.00. sheep: lambs 9.00 13.50, yearlings 10.05 11.65.
Buyers paid quoted prices for reproduce delivered in San Antonio. Butter steady at Texas creamery 30 24c per pound, country 25 28c, packing stock 24 25¢. Poultry prices rise with large hens 7.00 8.00, medium 6.00 6.50, small 5.25 5.75. friers 6.00 6.50, medium 5.00 5.50. broilers 3.60 4.00. turkeys 23 24c per pound. ducks 6.00 7.00 per dozen. geese 10.00 12.00.
Quotations from Kansas City show butter creamery 41c firsts 89c seconds 37c packing 2$8¢, eggs firsts 40c, poultry hens 16% roosters 12% turkeys 24c, potatoes $1.85.
Quotations today show butter and creamery steady with receipts around 193 cases. White potatoes and poultry prices noted with regional delivery receipts from Washington Idaho Colorado Oregon and Michigan. The Washington Star quotes Briggins questioned for sympathy toward his fellows amid limited understanding.
U S Department of Agriculture specialists present Bulletin 467 on factors shaping tenderness and flavor in poultry. They cover age sex exercise food and care as key influences and explain handling cleanliness refrigeration thawing and economic considerations for fresh cold storage and damaged meat risks.
In Princeton Indiana the 24 cats living with leprosy patient David Byers in Fort Branch remain unharmed despite orders. His daughter 35 protects the animals and vows they can be killed only over her body. The family faces quarantine if the disease continues. Byers has led a secretive life including time in the South Sea Islands.
A bottle thrown from the steamship Eureka of Seattle by Captain J. E. Guptill on February 9, 1915 was found March 1, 1916 on a Fiji beach. The message estimates the South Pacific current flow and helps determine ocean water direction off South America.
A guest praises the town during a banquet saying its beauty invites living on a hill while a toastmaster jokes that only two hills exist. The banter contrasts idyllic charm with local institutions like the insane asylum and sewage works at opposite ends.
The first week of 1917 saw moderate irregular price movements on lighter volume. Early gains faded under professional pressure as investors awaited international developments and New Year demand. Rail statements showed mixed results with losses for several lines while United States Steel earnings forecasts were revised downward.
Mercantile paper sits at 4 percent with steady government bonds and firm rail bonds. Sterling bills for 60 days trade around 4.71 percent with demand at 4.75 percent. Cables quote francs at 95.84, guilders around 40.15. Bar silver at 75.0 cents per ounce and Mexican dollars near 58.
The notice lists bar silver at 36444 per ounce with a 4 percent discount rate on short bills for three months at 5 percent, and a 5 percent rate elsewhere.
The weekly statement shows aggregate cash reserves of 721,886,000 with excess reserves at 140,441,440, up 22,105,750. Loans total 3,344,778,000, deposits climb 37,456,000, and circulation falls 85,000 amid steady cotton goods markets and firmer gray goods.
The copper market remained unsettled and quiet in New York with major agencies holding nominal third quarter quotes near 32.59. Resellers offered nearby copper with $28.00 to $28.50 for electrolytic, and rumors suggested a Maron lot as low as $27 while Tron stayed unchanged.
Sugar futures in New York traded irregularly with near positions steady on covering and later deliveries weaker amid scattered realizing for the week end. Closing prices were one point higher with molasses at 4.52 cents per lb and fine granulated at 6.75 dollars per 100 pounds.
New York January 6 coffee futures hold steady with March at 8.90 and May at 9.03 as early trading begins.
Chicago reports show a broad export expansion and entente reactions pushing wheat up 9% to 10% for the week. Corn gains reach 5% with May corn options hitting $1 a bushel, a peak not seen since 1892 outside one exception. Provisions rise on peace hopes as week ends strong.
Kansas City market notes higher grain prices with No 2 reds at around 1.90 to 2.00 for wheat and corn rising to 4.95 to 5.00 per bushel. Oats No 2 white 0.60, Rye quoted near 1.49 to 1.50.
Kansas City grain futures close with May wheat at 1.81 and July at 1.48 dollars, while May corn trades at 0.964 and July at 0.956 dollars. The report notes modest gains amid a light trading day.
Quotations today list No 2 red and No 2 hard wheat nominal No 2 yellow corn nominal oats standard 664 57c barley 95 to 123 cents per bushel with prices in Chicago.
Quotations to Wheat steady with futures showing No 2 red at about 1.95 to 1.99 and No 2 hard around 1.96 to 2. No 4 at 9 cents and No 2 white likewise steady. No 2 white rye remains nominal.
Local packing house quotations list bacon bellies at 14-16 pounds averaging 17 cents per pound and 28 cents for fancy hams while dry salt extras and pure lard show 14 to 16 percent. American cheese holds at 27 cents per pound and butter trades at 30 tubs a price, as of January 6 in Elgin Illinois.
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