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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jan 22, 1916
Page
6
Buying activity shows early declines in cotton prices followed by a reaction as markets adjust. Traders note sharp moves in fiber prices and confidence as producers weigh demand and export prospects amid volatile trading.
The cotton market opened irregularly with March up about one point and other months mostly steady to slightly higher while Liverpool acted as a seller. Bullish weekend figures and steady southern spot markets supported some covering, ending the morning with prices near the morning highs though fading was quiet and the list closed 1 to 5 points higher.
San Antonio buyers paid the following prices for cotton delivered at the local compresses Saturday.
New York cotton markets opened steady on January contracts with bids including January at 12.20 March 12.30 May 12.566 July 12.65 and October 12.65. Futures closed 2 to 3 points higher with recent high and low ranges reported as 12.99 and 12.53 respectively.
New Orleans cotton opened with an easy tone as short cotton offerings increased. By midmorning prices were 2 to 4 points lower, then recovered with bullish mill center reports and more interior spot inquiries, finishing the first half hour with a net gain of 4 to 6 points.
New Orleans January 22 cotton futures opened steady with January at 11.92 and March at 12.14. May 12.44 and July 12.64 followed, with October 12.54 and December 12.68. Market closed unchanged to two points higher on the session.
Spot cotton values listed for Liverpool with good middling at 7.56pence per pound and middling at 7.21d, low middling 7.83d. Market shows 5000 bales sold including 500 for export and speculation while receipts total 13,000 bales. Local exchange reports export demand and daily turnover.
Futures for several months move in narrow ranges with January at 7.99144 and December-January at 7.30% on the Liverpool market. Trading reflects a flat curve with minor shifts across successive contracts.
Market notes show steady wholesale prices for Saturday trade with Texas country butter and creamery products firm. Texas creamery and Falfurrias listings appear at 32 to 36 cents per pound. Poultry prices hold with hens, friers, broilers, turkeys and ducks listed. cheese and rabbits priced per dozen or per unit.
Trading in Mexican money in San Antonio Saturday showed bids for Mexican pesos at 30, state bank notes at 8 percent, national bank notes at 17 percent, and London and Mexico at 18 percent. The report records varied quotations for different money forms and notes.
Travel option offers round trips between New York and Galveston with rail one way and steamer the other. Travelers can depart by rail from New York or Galveston and return by steamer or rail. The time to go is now.
In New York on January 22 the copper market stayed unsettled with little spot copper available. Agencies reported sales for March and April delivery and quotations for later months ranged from 24 to 26 percent with May and June shipments cited by a leading house.
Fort Worth Texas January 22 cattle receipts 400 market unchanged hogs receipts 200 with prices lifting five cents bulks 7.10 to 7.25 heavy 7.35 to 7.40 mediums 7.30 to 7.35 light 7.10 to 7.30 and pigs 4.50 to 6.00. Sheep receipts none and market steady lambs 8.50 to 10.00 yearlings 7.50 to 8.50 wether 6.50 to 7.00 does 6.00 to 6.50 goats 2.50 to 4.50.
Hogs receipts 9500 strong to higher. Pigs and lights 6.00 to 7.45, mixed 7.30 to 7.55. Cattle receipts 400 steady. Native beef steers 7.50 to 9.50, yearling steers and heifers 8.50 to 9.35, cows 5.50 to 7.00, stockers 5.00 to 7.25, Texas and Indian steers 5.25 to 8.50, cows and heifers 4.00 to 6.50, native calves 6.00 to 11.00. Sheep receipts none. Yearling wethers 8.00 to 9.25, lambs 9.00 to 10.85, ewes 6.25 to 7.50.
Chicago hog market strong to higher with 23 000 receipts. Prices ranged bulk seven dollars and change, light six ninety to seven forty five, mixed seven to seven eighty, rough seven to seven twenty. Cattle receipts about five hundred with native beef steers six thirty five to ninety seven fifty, cows and heifers three twenty to eight twenty five, calves seven seventy five to eleven. Sheep receipts one thousand steady with wethers seven sixty to eight twenty, lambs eight fifty to eleven.
Kansas City market report shows hogs receipts 15 090 with values from 6 25 to 7 50 for pigs and 7 40 7 50 for heavy hogs. Cattle receipts 3 000 with prime fed steers 8 50 9 25 and cows 4 50 7 00. Sheep receipts 500 with lambs 10 10 10 85 and yearlings 8 50 9 28.
A stream of guests checked into Texas hotels including the Menger the St Anthony and the Gunter. Familiar names from Muskogee Detroit Buffalo Dallas Los Angeles and Houston are listed as registered guests or arrivals. The notes show a steady influx of travelers staying at the Menger St Anthony and Gunter.
The Texas Farmers' Union led by President H. L. Pope will send a delegation to Washington to appeal to Congress for help in shipping cotton to Germany and Austria. They will depart Texas soon and stay in Washington until a reply is obtained.
Wholesale market listing with prices to retailers and shippers. Includes potatoes tomatoes onions cabbage beans celery peppers cucumbers lettuce grapefruit citrus and dried fruits plus canned goods meats and fish. Details by state like Texas California Florida and Colorado with per hundredweight per crate per bushel per dozen and per pound figures.
A San Antonio market brief reviews cotton status with quick notes on production, prices, and local trading activity. Officials and merchants assess demand, fiber quality, and future prospects for the season.
The New York stock session was dull with limited trading. United States Steel remained heavy while copper surged on strong demand, and Industrial Alcohol fluctuated with a late recovery. War shares edged higher as rails and other sectors showed uneven gains.
Arrivals include steamers San Marcos from New York Pilar de Larrinaga from Havre via St Michaels San Tanderino from Havre via Pensacola Mechanician from Liverpool and schooner Edna V. Pickels with cargoes and destinations including New York Cardenas and Esberg Sailed vessels include San Jacinto El Norte El Sol Kanawha Neva and Neva Dan for various routes.
Chicago wheat surged to new 1915 crop highs on Liverpool outlook that further gains are possible. May and July options fluctuated but closed unsettled with May around 182 1 2 and July about 125. Corn slipped early while oats remained firm and hogs lifted provisions as market activity ebbed and flowed.
Quotation summary shows Wheat No 2 red at 1.38 and No 2 hard nominal. Corn No 2 at 78 to 79 percent, No 2 white at 73 to 74 percent, and No 2 white 50 50 to 52 1/2 cents.
Grain buyers in San Antonio posted prices for Saturday deliveries. Wheat traded at 1.30 dollars per bushel in Texas and 1.31 in the northern district. Corn moved at 0.69 dollars for No 3 in Texas and 0.71 dollars for No 2 mixed in the north, with northern white at 0.73 dollars. Oats showed Texas red at 0.46 in bulk and 0. To 0.46 in sacks, northern white in bulk 0.64 in sacks, Oklahoma prices aligned with Texas.
New York markets show raw sugar Centrifugal at 4.33 to 4.64 per unit with molasses sugar at 3.56 to 3.87. Refined sugar steady. Various loaf and cube forms priced, including cut loaf 6.75 and cubes 6.10.
Elgin Illinois report notes seventy five tubs of butter sold in January at local market.
Local packing prices list dry salt extras at 13 cents and bacon extras at 14 cents, dry salt bellies averaging 14 to 16 pounds at 15 cents, fancy breakfast bacon at 27 cents, fancy hams at 18 cents, bacon bellies 14 to 16 pounds at 16 cents, pure lard at 12 cents, and compound lard offered in Ile region.
New York mercantile paper at 3.3 percent, Sterling bills sixty-day at 4.71 percent, demand 4.7614, cables 4.76. Cables and demand for various currencies quoted, rubles at 80 percent demand, bar silver 57, Mexican dollars 44 cents. Government and railroad bonds steady.
Kansas City quotations show No. 2 hard wheat at 1.15 to 1.25 per bushel and No. 2 red at 1.22 to 1.26. Corn No. 2 mixed 70 to 74 cents, No. 2 white at a similar range, oats No. 2 white 50 to 56 cents, No. 2 mixed 45 to 47 cents.
The Interstate Commerce Commission found the 36 cents per hundred pounds charge by the International and Great Northern Railroad for carload packing house shipments from Houston to New Orleans reasonable in its report dated January 22. The ruling affirms the rate in effect for the transportation path.
Quotations live on January 22 with grain prices for wheat corn and oats. No. 2 red wheat at 1.34 per bushel No. 2 hard 1.29 and a half cents oats standard 62% barley 66 to 80 cents per bushel.
New York traders report a strong cotton goods market with rising prices. Yarns hold firm at high levels, near nine year highs, while silks stay active despite labor shortages in mill centers delaying deliveries.
Kansas City grain futures closed with Wheat May at 1.22 percent and July at 1.18 percent gains. Corn May 74 cents and July 74 56 cents. Oats May 53 cents. Market activity reflected modest price support across futures.
Atlanta January 22 Stanley M Rose export trade adviser urged local businessmen at a Chamber of Commerce luncheon to seize wartime gains and not let trade slip away. He said belligerent trade will return if American traders act and advised closer contact with the federal bureau of commerce and more knowledge of foreign markets. Rose planned visits to other southern cities.
Savanna data shows a turpentine firm age 65 with sales 969, receipts 788, shipments 2402 and stock 66 992. Other figures include sales 50 receipts 96 shipments 225 stock 14 629. Quotations list multiple brands with various prices.
New Orleans on January 22 reports rough rice remained quiet and steady with unchanged quotations. Receipts totaled 1985 rough, 1985 millers, 387 clean. Sales included 6183 pockets of clean Honduras at 25 16 and 4 percent.
New York coffee futures held steady with No 7 Rio on the board. March futures closed at 7.02 and July at 7.18 with active trading and firm tones.
New York cotton seed oil market closes firm with spot at 9.05. Futures mix from January at 9.10 to May at 9.18, with June 9.25 and July 9.30. Total sales reported 12,800 units.
Observations recorded at 7 a m on Saturday January 22 1916 show wind speeds under ten miles per hour and precipitation less than .01 inch are not published here. Allen Buell local forecaster.
London reports bar silver at 27d per ounce with money at 4 4 percent and discount rates showing three months at 5 percent. Market turnover and rate shifts reflect January trading conditions in the financial pages.
The statement of clearing house banks and trust companies shows an excess reserve of $180,914,610 above legal requirements, up $8,296,294 from the previous week.
Walsh and MacManness offer a four room dwelling on Indiana street for 1000 dollars. Tom Carver offers a five room dwelling on Gevers street for 1850 dollars.
An OCR snippet lists several vehicles with owners and addresses: 8436 Buick belonging to F. 8. & . D. Hall at 1508 Waverly. 8487 Oakland associated with Mrs. H. L. Dignowity at 732 N. Olive. 8498 Ford listed under Mrs. Mary Meyer at 434 Sole dad street.
Francisco Morales and Anita Morin, Jack M Ogdee and Foutin Ayoub, Santos Zamora and Augustina Gomez, Edward C Buckley and Margaret Fugler. A brief social column notes these couples and the number 7 appears as a cross reference or count in the listing.
To Mr and Mrs Earl B Cara way a baby girl was born January 15 at 310 Avenue A. A girl was born to Mr and Mrs L Hernandez January 21 at 205 Durango street. A girl was born to Mr and Mrs Y Casa rez January 20 at 904 San Fernando street.
Cc H Blaney aged 67 died January 20 at 103 Ninth street. Mrs Christine Stiehl aged 24 died January 19 at Kenneys Sanatorium. D Alcante aged 70 died January 15 at 905 South Laredo street.
A garbled rate schedule lists insertion costs and terms for various word counts and intervals. The text mentions one half rates for situation wanted ads and a minimum charge, but overall the fragment remains unclear and partial.
The publishers reserve the right to read or revise any copy deemed objectionable. Ads taken up to 12 30 p m for the daily and up to 10 p m Saturday for The Sunday Light. Ads received between 12 30 and 1 30 p m for the daily paper and after 8 p m Saturday for The Sunday Light will be run in the Too Late to Classify column.
Notice states all classified ads must be in writing and orders to discontinue also require written form. It notes phone orders accepted only for advertising and that a receipt is provided when an ad is ordered or discontinued.
A public notice warns advertisers to check their classifieds when first printed since The Light will be responsible for only one incorrect insertion.
Combined guaranteed circulation over 140000 daily and 170000 on Sundays. Classified rates six cents per word per insertion on weekdays and Sundays. A 20 word ad in all five papers costs one dollar for a weekday insertion or two dollars for three insertions, with a Sunday option. Submit by noon Thursday for Sunday ads.
A series of 1915 1916 property transfers listed with names counties blocks and lots across San Antonio area. Transactions include Evans to Fowler for $800 on Rural Avenue and Selby to Cocke for $10, etc, plus several others detailing blocks lots and financial terms.
A dense listing details numerous train numbers and routes from Laredo St Louis Hearne Kerrville Kerrville Kerrville Kerrville Kerrville Kerrville Kerrville Kerrville Kerrville Kerrville Kerrville Kerrville, with arrivals departures and connections across Sunset Route Santa Fe and Galveston lines. Names like Katy Limited Texas Special Sunset Limited appear alongside times and stations.
A series of 1914 1916 deeds and quitclaim transfers show transfers of lots in blocks 30 33 1855 74 Queensboro Place and other parcels on West Houston Street Laurel Heights Alamo Heights and nearby surveys. Amounts range from 78 to 5000 with various sellers purchasers and dates in 1914 1915 1916.
Help wanted male seeking rapid and accurate bookkeeper with retail mercantile experience. State age experience references and salary. Address P O Box 1088 Del Rio Tex. Fel Texas Employment Messenger Co 228 E Commerce Ads and positions furnished autos for hires. Two phones No 97. WANTED FIRST CLASS AMERICAN OR German butcher to run first class market must be non drinker apply 249 Light.
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