Texas Oil Boom Drives Big 1915 Production Rise
Texas oil fields produced about 26 million barrels in 1915, up from 20 million in 1914, with the U S total at 267.4 million barrels. Discoveries near San Antonio and new pools in Louisiana and Texas boost output, while prices surged later in the year as demand rose after low earlier levels.
MENTIONED IN THIS ARTICLE
Texas
United States
San Antonio
John D. Northrop
United States Geological Survey
Guiana
Cushing
Pennsylvania
Kansas
Oklahoma
California
Ventura County
Santa Maria
Cushing Field
Panhandle
Strawn
Palo Pinto County
Texas & Pacific Coal Company
Thrall
Williamson County
Bexar
Schuerhberg
Brenham
Washington County
Louisiana
Sour Lake
Saratoga
Batson
Goose Creek
Markham
Spindletop
Gulf Production Company
Texas Cotton Farmers Stand Ground Amid Shortage Fears
Cotton buyers in Texas face shortages as midling prices rise to about twelve cents a pound at the warehouse. Thorn and Maginnis note South markets hold firm, with potential carryover into next season and freer exports to neutral countries being pressed before Congress.
MENTIONED IN THIS ARTICLE
Texas
South
Sep
Thorn & Maginnis
New Orleans
Congress
Liverpool
Great Britain
Captains of the Villista Cause Take Blankets in Mountain Camp
A American woman recounts five Villista soldiers entering her remote camp. The self-proclaimed captains request blankets and food. the hostess, impressed by their ranks, grants blankets to the three who claim captaincy and to the two private soldiers.
MENTIONED IN THIS ARTICLE
Senora
Primero
Segundo
Tercero
Business Outlook Brightest in a Decade
John B. Carrington of the San Antonio Chamber of Commerce cites a Chamber of Commerce of the United States report predicting 1916 will bring renewed prosperity. The outlook notes optimism nationwide, with cautious pockets and high prices tempering consumption, and highlights strong steel earnings and oil sector gains as economy broadens despite Europe’s conflict ongoing.
MENTIONED IN THIS ARTICLE
Europe
John B. Carrington
San Antonio Chamber of Commerce
Carrington
Chamber of Commerce of
United States
United States Steel Corporation
Feed Control Men Investigating Oil Feed Standards Clash
Officials from the experiment station at the A and M College and Texas oil mill operators dispute cotton seed meal crude fiber standards. Millers claim the crude fiber limits are too low and seek changes, while Director Youngblood notes many meals exceed hull content and have been restricted.
MENTIONED IN THIS ARTICLE
A. and M. College
Texas
Feed Control Service
Youngblood
Op ‘Ators
Cotton ginnings in Bexar County fall short of last year
Ginnings in Bexar County run about 3500 bales short of 1914 despite a 15 percent reduction in the area planted for 1915. Farmers report cotton worth about 12 cents on the farms now, compared with around 6 cents last year.
MENTIONED IN THIS ARTICLE
Bexar County
Banks Assist Rice Growers With Off Market Crop Stoppage
Texas bankers in rice districts report a market lull and use of the Federal Reserve Bank at Dallas to aid farmers in managing their crop as prices stay low.
MENTIONED IN THIS ARTICLE
Texas
Federal Reserve Bank At
Dallas
Texas Building Operations Held Near Seasonal Norms
Building operations in Texas are near normal for the season. Labor is in good demand and well employed. Fewer idle workers in large cities as farmers offer permanent jobs to cotton pickers after harvest instead of sending them back to urban areas.
MENTIONED IN THIS ARTICLE
Texas
Texas Bank Deposit Rise Amid Easing Rates and Shifting Paper
Texas banks report higher deposits as money rates ease and loan demand grows. Federal reserve loan volumes in this region edged down over 80 days while offerings shift toward commodity and livestock paper, with fewer small farmers notes.
MENTIONED IN THIS ARTICLE
Texas
Federal Reserve Banks
Chicago bankers fret over idle funds in vaults
Bankers in Chicago report an excess of liquidity as federal charter banks hold surplus funds. The First National Bank of Chicago shows deposits up by 11,228,000 since November 11, signaling money piling up at the financial center despite a modest rise in loan demand.
MENTIONED IN THIS ARTICLE
Chicago
First National Bank of Chicago
Meat stockpiles rise as wartime orders loom
Meat packers report ample beef and pork supplies with Chicago stocks up about 40 million pounds, Kansas City up 10 million, and Omaha showing a gain of millions in December. Consumers remain calm despite looming war orders.
MENTIONED IN THIS ARTICLE
Chicago
Kansas City
Omaha
Corporate financing totals in December and year 1915
December financing reached 215 million dollars, lifting 1915 total to 1.5795 billion. The annual figure trails 1914 and 1913 levels, though America financed foreign nations by about 750 million this year.
MENTIONED IN THIS ARTICLE
America
US 1915 Oil Production Rises By Two Million Barrels
Crude oil product prices rise while American output climbs sharply in 1915. The United States produced about 2,000,000 more barrels of petroleum, with Texas contributing 26,000,000 barrels, up 6,000,000 from 1914.
MENTIONED IN THIS ARTICLE
United States
Texas
Poultry Movement Expands to Northern and Eastern Markets
Commission merchants report brisk poultry sales to northern and eastern markets at good prices. Orders in recent weeks show a marked increase, signaling continued growth of this business to large proportions.
Activity Surges in Lumber and Oil Industries in Southeast District
The lumber and oil sectors, key drivers in the district’s economy, show unusual activity with rising prices. Early signs point to a continuation of this trend, signaling sustained demand and investment in the region.
San Antonio Firms Turn to South American Trade Prospects
San Antonio manufacturers plan to target Latin American business this year. Secretary Lee of the Manufacturers' Club is to compile data on trade possibilities. George E. Roberts notes that South American exports remain strong to the U.S., with coffee cocoa hides and wool in demand.
MENTIONED IN THIS ARTICLE
San Antonio
Lee
Manufacturers’ Club
South America
America
George E. Roberts
National City Bank of New York
Washington
Pan-American Scientific Congress
United States
Mr. Roberts
Real Estate Transfers and Deeds from 1915 Ledger
A ledger of 1915 real estate transfers documents deeds and quit claims among Maggie Nobles, Lula Pickett, Celedonio and Carmen Tejeda de Martinez, Tiedosa Mendoza, Beacon Hill Company, George F. Wideman, M A Miller, Dora Stumberg as executrix, Ed Pfefferling, Alamo Finance Company, Parke R. Longworth, E F Walters, and others. Entries show lots and blocks in Columbia Heights Beacon Hill and Duffield street, with cash and note payments, and cancellations of notes.
MENTIONED IN THIS ARTICLE
Maggie Nobles
Lula Pickett
Columbia Heights
Celedonio
Carmen Tejeda” de Martinez
Tiedosa Mendoza
Dionicio Martinez
J. M
Fannie H. Watson
Beacon Hill Company
New City
Beacon Hill
George F
Sarah E. Wideman
M. A. Miller
Duffield Street
Fannie H. and
J. McCord Watson
Dora Stumberg
George R. Strumberg
Ed Pfefferling
W. E. Nentwick
Clement
Texada
Alamo Finance Company
Louis T. Mumme
Bexar County
F. Walter
Lavaca County
E. B. Kessler
I. E. Clark
Parke R. Longworth
McLean County
E. F. Walters
Fayette County
E. BR. Waggoner
Walter
Keasler
I. E.clark
Bank report shows optimistic Texas banking outlook
J. W. Hoopes vice governor of the Federal Reserve Bank for the region visited San Antonio to confer with local bankers. The Dallas district report says Texas banks are in strong condition with diversification aiding stability and farmers preparing for the next year.
MENTIONED IN THIS ARTICLE
J. W. Hoopes
Federal Reserve Bank
San Antonio
Texas
Hoopes
Federal Reserve
E. C. Tenison
Dallas
Tenison
Also Mentioned on This Page
Alta Vista
San Antonio, Uvalde & Gulf
Fuchs Oil Company
Pittman Pipe Line Company
San Antonio, Uvalde & Gulf Railway
Imary
West Virginia
Indiana
New York
Seks
Colorado
Conote
Humble Pool
Washington Board
Dallas Bank
Federal Reserve Board
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