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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jan 10, 1916
Page
9
January 19 New York trading sees United States Steel barely higher then retreating as selling grows through the first half hour. Steel American Smelting Mexican Petroleum and others fall 1 to 3 points. New Haven slips to 75 as steel and copper shares hit lows and close weak.
Trading in Mexican money in San Antonio Monday showed quotations for half pesos and Bank of London and Mexico notes. Carranza money appeared among the quotes reflecting the ongoing currency movements.
New York on January 10 reports easing time loan rates to 60 and 90 days at 2.5 percent and six months at 2.3 percent. Call money remains steady with high at 2 percent and low at 1 percent. ruling rate 1 percent.
Lead quotes at $5.90 with no spelter quoted. Tin and electrolytic copper steady with electrolytic copper around $23.50. Copper grades No 1 northern $20.25 to $20.78, No 2 $19.75 to $20.25, No 1 south $20.00 to $20.60, No 2 $19.75 to $20.25, run quiet at $41.25 to $41.75.
London on January 10 shows lead at 32 pounds and 86 pence futures at 86 pounds electrolytic antimony priced at 125 pounds Spottin futures noted at 175 pounds 16s.
An inventor patents a bottle design with the opening placed on the side of the neck to prevent accidental poisonings. The device aims to ensure safer medication or chemical dispensing by requiring careful handling and orienting the bottle during use.
The eighth cotton ginning report shows 10,643,783 bales ginned prior to January 1 for 1915, down from 1914 by about 3.8 million bales. States like Alabama Arkansas and Florida report lower figures, with Sea Island totals also down from 1914 and 1913 levels.
Hogs fell in Northern markets while Fort Worth quotes slipped 10 to 15 cents. San Antonio buyers held steady with nearly 1000 mixed hogs in pens and noon price top of 6.75. Cattle markets were mostly steady with steers to 6.60, cows 5.75, calves 7, bulk stock 8.75 to 6.25, goats bidding 3.00 to 3.58.
Fort Worth Texas market reports cattle receipts around 2000 with steers stockers cows and heifers priced from 3.50 to 7.50. bulls calves and other beef categories listed. Hogs receipts about 4500 with bulk and heavy differentials trading from 6.25 to 6.86. lambs yearlings and goats also shown with various price ranges.
Chicago market report shows hog receipts 85 090 with prices 6.55 to 7.00 for various weights and pigs 5.49 to 6.50. Cattle receipts 22 000 with native beef steers 6.30 to 9.59 and western steers 6.35 to 8.10 cows and heifers 3.10 to 4.0 calves 7.60 to 10.76. Sheep market weak with wethers 6.75 to 7. lambs 7.75 to 10.25.
Kansas City market notes show hogs receipts at 14 000 and prices from 5.25 to 6.80 for various classes. Cattle receipts 14 990 with prime fed steers at 8.50 to 9.90 and cows 4.00 to 6.75, heifers 5.75 to 9.00, stockers 5.50 to 8.00. Sheep receipts 11 000 with lambs 9.25 to 10.00, yearlings 7.75 to 8.16, wethers 6.25 to 7.25, ewes 5.75 to 6.65.
Oklahoma City cattle 325 head steady to unchanged. Hogs 1500 head five to ten cents lower, top 6.85, bulk 6.60 to 6.75. Sheep 1950 head steady. Sales include Ay. Wt. Price W. F. Williams Tuttle and Louis Snyder Oklahoma with hog and cattle price figures.
In St Louis on January 10 receipts show cattle at 7000 with steady to weak prices and mixed ranges for steers and cows. Hogs and lights bring 6.00 to 7.00, yearling stockers 5.00 to 7.25, sheep receipts around 3900 with yearling wethers 7.50 to 8.75 and lambs 9.00 to 10.25.
New York reports mercantile paper at 3.3 percent, sterling 60 day bills asked at 4.71 with demand 4.84 and cables 4.76, guilders demand 0.44 and cables 0.45, bar silver 56.9 cents, Mexican dollars 13 1/2 cents. Government bonds hold steady while railroad bonds move irregularly.
New York on January 19 reports steady raw sugar at 4.33 4.52 and molasses at 3.56 3.75. Refined sugar prices show cut leaf 6.85 crushed 6.75 mould A 6.40 cubes 6.20 and powdered varieties 6.10 to 5.95 with fine granulated at 5.95 and diamond A also 5.95.
Fletcher Way charged by indictment with the murder of Louis Moglia Sr. was set for trial in the Thirty-seventh district court but continued on defense motion. The continuance cites four material witnesses needed for the case.
Chicago January 10 Chief Ogal lala Fire who fought beside Sitting Bull in the Custer massacre died in a hospital Sunday at age 90. He reportedly cut his throat a week earlier, ending years as a show attraction in circuses and wild west exhibitions.
Daily quotations for middling cotton delivered to markets. San Antonio shows prices around 2.50 with 5,706 sales. New York and London listings indicate 12.60 and 11.29 for other grades, with thousands of bales noted for each market.
ocean freight to Genoa climbs to 2.50 per cwt amid Italian ship commandeering. Dallas and San Antonio each lose 50 cents per bale as Texas prices soften. Ginning report shows 10,643,783 bales gin to Jan 1, 3.8 million below last season. San Antonio buyers quote mixed prices for various grades at the local compresses.
The cotton market opened up 2 to 19 points with March at 12.65 May 12.88 and July 13.08 on the call. The January 1 ginning figure at 10,643,788 bales aligned with crop ideas and limited sentiment. Prices eased after the call with March 12.57 May 12.79 July 12.95 as liquidation spread.
New York trading shows January 12.46. March 12.85. May 12.86. July 13.02 with contracts closing mixed. Several garbled phrases appear. readable figures point to fluctuating prices and open interest across months.
A fragmentary sports note indicates Liverpool planned a Tuesday opening with a small points variation. An eleven o'clock update is promised, followed by ambiguous call and car references, with stray numbers and locations scattered through the text.
New Orleans January 16 cotton climbed 4 to 5 points at the opening on sympathy with Liverpool gains. Reports of large Russian sales and higher than expected ginning returns sparked a selling movement, leaving prices 4 to 5 points under last week’s close after the first half hour. The market stayed narrow through the morning, noon showing a net rise of 1 to 2 points.
New Orleans prices show January at 2.22, March 12.47, May 12.76, July 12.95, October 12.69. Close down about one point with mixed highs and lows. Data lines include unclear figures for SARUAIT and March contracts.
Liverpool cotton markets report a spot run with Good middling at 8.62d, middling 8.29d, and low middling 7.89d. Total sales reach 10,000 bales with 500 for export and speculation. receipts amount to 11,000 bales.
Liverpool reports a sequence of forward rates across monthly periods with small declines from January to December. The table lists jumper yields from January through next January, including February March and subsequent pairings, reflecting modest persistent downward drift.
Cotton trading figures show stock and bale data across Galveston Houston New Orleans Savannah Charleston Wilmington Mortoie New York Pacific ports with totals for bales and values. The report notes week and year comparisons including last week and last year figures for overall stock and shipping activity.
In New York on January 10, spot cotton seed oil bid at 8.80 with a firmer overall tone. Contracts for January to August ranged from 8.75 to 9.92 per unit, with total sales of 14,900.
Texas cotton tail rabbits move to northern markets this month as mild weather boosts prices. Dealers turned down several thousand rabbits locally and sent consignments abroad. Coffee prices rise on tight Brazil to New York shipments while Brazil freight gains push New York coffee futures higher. New Texas and Colorado potatoes trade, sugar markets firm on European buying and Cuban shipments. Lard prices rise while meat and grain markets hold steady.
Markets show wholesale prices with eggs steady and Texas creamery butter at 32 to 35 cents per pound. Falfurrias creamery offers 26 cents, common country stock 16 to 17 cents. Poultry prices firm with fleas per dozen 4.09 to 5.50 dollars, friers 3.00 to 4.50, broilers 2.00 to 3.50, turkeys 15 to 16 cents per pound, ducks 4.50 to 5.50 per dozen, geese 7.00 to 19.06 per dozen. Rabbits per dozen not fully stated.
Quotation daily shows butter steady at 23 30 cents. Eggs lower with receipts of 2776 cases for firsts at 27 28 cents, ordinary firsts 26 27 cents. Potatoes unsettled with 18 car shipments. Poultry alive prices rise for fowls 15-19 cents, springs 16 cents, turkeys 18 cents.
Kansas City price quotations show butter at creamery 33 1 3 cents firsts 31c seconds 29c packing 1 3 4 c and eggs at firsts 27c seconds 2c poultry including hens 13c and turkey 13c per pound for necked items describing local trading conditions.
Observations taken at 7 a m Monday January 10 1916. Wind velocities under ten miles an hour and precipitation under .01 inch are not published hereon. Allen Buell Local Forecaster.
Chicago bids lift grain as milling wheat scarce in Ohio Indiana and East region plus Italy supply news support gains. May delivery hits high for 1915 crop before retreat. corn strengthens on export talk and pure buying. oats chased by commissions while hogs exports offset ample supplies.
Carrot buyers paid prices in San Antonio for wheat Texas 1.30 per bushel northern 1.31. Corn Texas No 3 per bushel north No 2 mixed le white 7¢ per bushel. Oats Texas red 46¢ per bushel in bulk 4Sc in sacks 54c northern white in bulk sacks 54c Oklahoma prices same as Texas.
Monday prices list dry salt extras 12 cents, bacon extras 13 cents, dry gait bellies 14 to 18 pound average 14 percent, fancy breakfast bacon 28 and 7 8, fancy hams 19 cents, bacon bellies 14 to 16 pound average 16 percent, pure lard llt.c compound 104.
Chicago January market quotes show Wheat No 2 red at 1.26 No 1 red at 1.22 Corn No 3 yellow old at 76 cents Oats standard at 4 cents Barley 6 44 at 7 percent
Quotation slate from St Louis shows Wheat No 2 red at 1.28 per bushel and No 2 hard nominal. Corn No 2 at 72% cents, No 2 white around 128 cents. Oats No 2 at 44 cents and No 2 white near 67 cents.
Quotations for grain commodities from Kansas City on January 19 show No. 2 hard wheat at 1.42 1/8 to 1.48, No. red around 1.30, corn No. 2 at 69 to 69 1/2 cents, white corn 70 cents, oats No. 2 white about 43 to 44 cents, and mixed oats near 39 to 40 cents per bushel.
Kansas City report shows grains ending mixed with wheat May at 1.15 per bushel and June 31.10, corn May at 73 and July at 70 1/2, date May 464.
Marine intelligence from Galveston Texas reports movements including the schooner Edna V Pieckelaischooner sailing from New Orleans and onward routes via Pensacola. Details mention ships such as El Singbore and connections to New York with uncertain cargo and dates in November.
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