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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jan 31, 1916
Page
9
Listing describes a two sleeping porch seven room home at Travis 3719. Features include sun room on east sleeping porch on south automatic gas water heater and a garage. Also includes a barn fruit flowers and paved street access.
Cotton prices slip closing down a dollar per bale amid heavy export activity. Market focus shifts to export demand with large shipments noted across the day. Verbal reports emphasize supply pressure and trader caution as prices retreat.
Quotations show middling cotton at San Antonio 12.00 with 4,480 sales, Arivorlor at 12.05 and 359 sales, Briggs at 11.35 with 1,600 sales, Pew at 11.75 with 1,220 sales, and Liverpool at 7.82 and 7,000 sales, all for delivered market price unless noted.
Cotton prices slipped across futures and spots with declines of 20 to 26 points and 50 cents to $1 per bale. San Antonio offered about 11.26 per pound for middling, a roughly $1 drop from Saturday. Export hopes and rising English port stocks weighed on sentiment amid forecasts of a bigger U.S. acreage this spring. Exports on Monday reached 70,219 bales as buyers in San Antonio bid lower for middling grades.
The New York cotton market opens lower by 6 to 12 points after weak Liverpool cables and political jitters. March 11.77 May 12.02 July 12.15 on call, with midday declines to around 11.95 for May and 12.10 for July. Active months slide 18 to 20 points at times before partial rebounds as trading steadies. Exports total 70,219 bales.
Wheat prices rose on Liverpool news of limited February shipments from Australia and Argentina. Ocean freight and European reselling muted. May and July futures ranged before closing lower. corn rose then faded to a net decline. oats lagged amid light demand and weak provisions as exports fell sharply.
New York prices show March at 11.77, May at 12.02, May 12.16, October 12.18, December 12.34. Futures later close 19 to 21 points lower with varying highs and lows. Also noted are erratic figures for motor stocks with unclear labels and values around 12.10 to 12.27.
Liverpool faces a tentative 2 to 3 point lower opening as markets await an 11 o'clock call from New York. Trading notes mention motor fees and uncertain cues amid mixed signals and unclear guidance.
Carrot buyers posted prices in San Antonio for Monday deliveries. Wheat ranged from 1.35 to 1.36 per bushel by grade, corn from 0.78 to 0.83, oats 0.53 to 0.63. Oklahoma grades mirror Texas values.
Poor cables triggered an 11 to 155 point drop at the open in New Orleans today, then buyers returned as the market rallied on short covering. By noon prices slipped 16 to 2 points from Saturday's close but steadied in the afternoon with a net decline of 18 to 16 points after 1:30.
New Orleans notes cotton opened steady with March at 11.55, May 11.86, July 12.05, October 12.04, December 12.18. Weather or market chatter hinted at slight decline later. bids shown for several contracts but many numbers appear garbled.
Liverpool cotton opens softer with prices easing across grades. Quotations show middling at 8.174 and 7.824 for other categories, while low middling dips to 7.444. Total sales reach 7000 bales, including 700 for export and speculation. receipts recorded at 13,000 bales.
Monday quotations show dry salt extras at 18c bacon extras at 14 percent, dry salt bellies 14 to 16 pounds average at 18c, fancy breakfast bacon 28c, fancy hams 19c, bacon bellies 14 to 16 pounds average at 16 cents, pure lard 11 and ½ cents, compound lard at 11 ½ cents.
On January thirty first quotations for grains were listed with No 2 red corn at 804 to 8lc, No 2 hard corn unchanged, No 2 yellow old corn at 804 to 8lc, oats standard at 51 53c, and barley at 68 80c.
Quotations today show No 2 hard wheat at 1.23 to 1.30, No 2 red at 1.31 to 1.37. No 2 mixed corn at 0.73 to 0.79, No 2 white at 0.73 to 0.73 1 2. No 2 white oats at 0.53 to 0.54, No 2 mixed at 0.48 to 0.49.
Futures prices ease across the forward curve on the Liverpool market with February at 7.634, February-March 7.48 and March-April 7.47, followed by declines through the year as traders price lower later contracts.
Wholesale market notes eggs steady with Texas candled at 27 28 cents and storage 23 24 cents. Butter firm with Texas creamery at 32 33 cents per pound. Poultry prices rise for hens 4.50 to 6.00 per dozen and 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 10.00 per dozen. Rabbits 75 cents to 1 dollar per dozen.
Cotton seed oil markets in New York closed steady with spot bids at 9.10 dollars and several futures quotes ranging from 9.04 to 9.26 dollars. Total sales reported at 22,800 units.
Butter steady and eyes higher with receipts 3884 cases and prices 29 30c for firsts 29c 28c at mark. Potatoes receipts 50 cars with unsettled market. White varieties from Michigan Wisconsin Minnesota and Dakota quoted around 92 4 9 8c with Minnesota and Dakota Ohio mix 8 95c. Fowls and springs quoted at 15c and itemized notes indicate unsettled conditions.
Live stock markets remained strong and active across other markets with brisk demand and notable price support. Traders reported steady turnover and continued interest in cattle and hog contracts despite mixed regional conditions.
New York trading starts with renewed liquidation and losses across most issues. Rails show stronger support than industrials and specialties as United States Steel faces large offers and dips below 80 while uptrends in Crucible and Lackawanna gain briefly before fading.
A 1914 census summary reports 65 beet sugar factories produced 739233 tons of granulated sugar and 240 short tons of raw sugar, plus 26461291 gallons of molasses, valued at 62,605,209 dollars. Production rose 30.1 percent since 1909, with major facilities in Michigan Colorado California Utah and other states.
Texas statistics show 1915 cotton seed crushed fell by 145,730 tons from 1914 while linters output rose by 15,172 bales. Ginning efficiency shifted from 6 percent seed per bale in 1914 to 413 tons per bale in 1915, boosting potential profits to $531,020 at 7 cents per pound as linters price climbed from 1 to 5 cents per pound.
Washington January 31. American exports for December surpassed any prior month with value 359,301,274 dollars. For 1915 total exports reached 3,550,916,393 dollars, while imports exceeded by 1,772,309,658 dollars. December imports totaled 171,841,665 dollars, close to 1913's record. Gold imports in December were 45,412,677 dollars. 1915 gold imports total 45,954,590 dollars, with 11,889,285 dollars of December exports. Net inward gold movement for 1915 was 420,526,672 dollars.
Union stock yards report a strong day with gains in most divisions. Fort Worth hogs rose 15 cents with about 5000 head. San Antonio shows lighter consignments. Steers averaged 6.00 to 6.35, cows 4.50 to 5.75, calves 6.00 to 8.50, hogs 6.35 to 6.75, no sheep or goats offered.
Beeville Texas exhibitors swept premiums at the Gulf Coast Exposition in Corpus Christi. J. M. Cook & Son and Lucas & George Hereford herds won every cattle breed prize, while George Miller & Sons claimed two first premiums a grand championship and a second with three Duroc Jersey sows. Beeville and Bee County breeders pride themselves on top stock and continual improvement. Mr. Cook bought a grand champion Jersey bull from Ed C. Lassiter shown at the Dallas State Fair.
Austin Texas January 31 large remittances to the state treasury enabled a switch to a cash basis today for the first time since October All general revenue warrants special warrants and pension warrants are now paid upon presentation Officials expect the cash basis to continue barring unusual treasury demands for months
Tom Sorell and Ed Howell sold 3500 pounds of pecans in Seguin from Guadalupe river farms near Belmont. They received 8 1/2 cents per pound, marking the largest individual sale of Guadalupe county's pecan crop this season among many farmers.
The state banking board awarded a certificate of authority to the First State Bank of Roby in Fisher County to operate in Texas. The bank will have a capital stock of 20000 dollars.
Trading in Mexican money in San Antonio Monday showed quotations for the peso and related currencies. Market activity reflected regional demand and exchange rates as traders weighed cross border inflows and prices.
Time loans were steady with 60 and 90 day maturities at 2 1/4 percent. Call money remained steady with a high of 2 percent and last loan at 2 percent. ruling rate stood at 1 1/2 percent.
New York January 31 mercantile prices show sterling exchange sixty day bills at 4.714 percent demand 4.76 percent and cables 4 11 16 percent. Guilders demand and cables at 42 percent. Bar silver at 57 percent Mexican dollars 44 percent. Government bonds steady while railroad bonds trade heavily.
Lead at 6.10 with no quoted spelter. Copper firm at 25.50 to 26.00 for next quarter. Iron prices hold firm with No 1 northern 20.25 to 20.75 and No 2 19.75 to 20.25. Tin spot bids at 41.75.
London metal market figures list lead and copper prices with spot and futures values for lead zinc and tin, including electrolytic copper and tin futures. The data shows spot copper at £91 15s and tin futures at £179 10s with other prices around £32 for lead and £91s for spelt etc.
On January 31 in New York a refined sugar firm reported gains of 18 points with prices for cut loaf at 6.90, crushed 6.80, mould 8 6.45, cubes 6.35, powdered 6.15, 6.10, fine granulated 6.00, diamond A 6.00, confectioners A 5.90, No 1 5.75.
New York market reports barely steady pricing for Rio coffee futures on January 31 with March at 7.38 and July at 7.48 while overall values hold close to the previous session.
Quotations in St. Louis cash grain 시장 show Wheat No 2 at 1.37 to 1.41 dollars, No 2 hard nominal. Corn No 2 at 0.76 dollars, No 2 white at 0.75 and 0.60 dollars, with No 2 white nominal.
Grain futures finished in Kansas City with Wheat May 1.23 and July 1.17, Corn May 74 cents and July 74 cents, Oats May 49 cents.
U S Pawkett head of the tariff bureau of the San Antonio Chamber of Commerce conferred with the Railroad Commission in Austin on January 31 about interpreting tariffs recently issued by the commission.
Hogs receipts 7500 higher prices range six to over eight dollars for mixed and butchers. Cattle receipts 2000 higher with native beef steers 7.50 to 9.50, yearling steers and heifers 8.50 to 9.85, cows 6.50 to 7.00, Texas and Indian steers 5.25 to 8.50, calves around 6.00. Sheep receipts 600 steady with yearling wethers 8.00 to 9.25, lambs 9.00 to 10.65, ewes 6.25 to 7.80.
Hogs receipts 8000. bulk 7.55 to 7.95. heavies 7.85 to 8.00. lights 7.50 to 7.80. pigs 6.25 to 7.25. Cattle receipts 8000. prime fed steers 8.25 to 8.75. dressed beef steers 6.75 to 8.25. southern steers 6.00 to 7.75. cows 4.25 to 6.75. heifers 6.00 to 8.50. stockers 6.00 to 8.00. Sheep receipts 15000. lambs 10.25 to 10.65. yearlings 8.50 to 9.25. ewes 6.80 to 7.50.
Hogs receipts 63,000. price ranges per quality from 7.40 to 8.05 for lights to heavies. Pigs 5.85 to 7.00. Cattle receipts 13,000. native steers 6.40 to 9.75, western steers 6.60 to 8.20, cows and heifers 3.20 to 8.15, calves 7.50 to 10.59. Sheep receipts 15,000. wethers 7.35 to 8.00, lambs 8.30 to 10.75.
Fort Worth Texas January 31 cattle receipts 1200 market active and steady beef cattle 6000 to 56.85 calves 425 to 800 cows 350 to 650 heifers 550 to 800 bulls 425 to 500 hogs receipts 0 market up bulk 7.80 to 7.95 heavy 7.95 to 8.00 mixed 7.85 to 7.95 medium 7.75 to 7.85 light 7.75 to 7.95 common 6.50 to 7.25 pigs 4.50 to 6.25 sheep receipts 250 market steady lambs 8.50 to 9.09 yearlings 7.50 to 8.50 wethers 6.75 to 7.30 ewes 6.50 to 6.75 culls 4.00 to 5.00 goats 35.00 to 95.00.
Oklahoma City cattle market opened with 400 head steady. Hogs rose 15 to 20 cents with top at 8 dollars and most sales between 7.75 and 7.90. Notable consignors include L. L. Haulk of Purcell with 993 head averaging 6.70 and H. B. Tow of El Reno with 525 head around 6.33.
Fort Worth Texas stock yard buyers posted brisk activity on January 31 with consignments led by Rush Reriies of Oklahoma and W J Hill of Amarillo. The ledger shows average weights around 947 to 1009 pounds and prices near six to seven dollars per hundredweight, reflecting steady demand for steer offerings.
Butter Creamery Sic firsts 29c seconds 27c packing 19c Eggs Firsts 28c seconds 20c Poultry Hens 13c turkeys 18c springs 13c
New York dispatch notes firm cotton goods markets with strong demand for fall. large sales of eight nap cottons and bleached cottons, staples like ginghams and standard prints hold value, brown sheetings firm, 40 inch sheetings and osnaburgs in active lag demand, wide print cloths easing for spot delivery amid dye scarcity, knit goods and print cloths remain in broad demand.
Steel companies emphasized specifications output and shipments over new business. Orders secured were lightest in weeks with railroad equipment demand including 30 000 tons of rails 1830 cars 35 locomotives 5000 tons of track accessories and over 1000 tons of bridge work. Light rail prices rose by 3 1 OR. Four more hulls for the Baltic sea service were ordered from lake shipyards.
In a street dialogue a man plans to sell his automobile for four hundred dollars cash. He aims to buy a newer car and looks for buyers on Houston Street and Avenue C then Travis Street. A later scene shows him paying fifteen cents to locate buyers via a lighted ad.
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