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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jul 03, 1917
Page
11
Quotations from principal spot cotton markets show middling price benchmarks for delivery at various ports. San Antonio, Galveston, New York, New Orleans display differing prices with stated sales volumes, reflecting regional demand.
In the July 3 market report the New York opening showed steady to weak with October down up to 46 points while New Orleans fell 36 to 42. Rain in the southwest spurred selling but late gains followed on covering and Washington news. New York closed 38 to 46 points lower. New Orleans 43 to 61 points down. San Antonio spots 24.10.
The New York cotton market opened steady with a loss of 10 to 41 points as rain reports from the Southwest and legislative uncertainties spurred nervous selling. October fell to 24.45, with December around 24.50, before late covering lifted values to about 25.00 and 25.10 as traders eyed the holiday and political moves.
Cotton futures in New York opened steady with July at 25.60 to 25.40, October 25.10 to 24.95, December 25.08 to 24.85, January 25.26 to 25.49, and March 25.70. Futures closed Tuesday 38 to 46 points lower amid varied daily highs and lows.
For sale a five room new bungalow on Oneery Street with bath sewer lights walks and paved street on Prospect Street. On top of hill with jet worth 1000. building cost would be 2000. Asking price 2000. Sales Dept Conness Realty Co.
Real estate and vehicle trade ad listing numerous properties and exchanges. Includes multiple Texas towns such as San Antonio Corpus Christi Houston Dallas and others with various lot sizes house types warehouses land and a few autos. requests trades for Ford vehicles or San Antonio properties. Contact Nicholson & Furnish at 616-20 Brady Bldg Crockett 1024.
Classified ad itemized several Texas properties including a 2% acre city country home near Collins Gardens, $24 yearly with terms. a 160000 acre ranch near San Antonio with 800 two-year old steers at $10 per acre. an 11000 acre mountain ranch northwest of San Antonio via John Bollons Realty. a 96 acre farm with river frontage priced $60 per acre. and an outside city one acre lot with 4 rooms and utilities.
New Orleans July 3 market opened with price drops of 36 to 42 points as selling resumed. Scattered belt showers aided a softer undertone while liquidation grew due to tomorrow’s holiday and England cotton regulation fears. By noon declines widened to about 101 to 104 points, a bit over $5 a bale. After selling pressure, a late recovery left the market at a net loss of 59 to 60 points, closing steady at 43 to 51 points lower.
New Orleans cotton futures opened steady with July at 24.40, October 24.18, December 24.42, January 24.67, and March 24.76. The session noted small price ranges and mixed nightly activity with months showing narrow moves and closing near session highs.
Liverpool spot cotton prices fall 20 points with American middling at 19.934 and good middling 19.55. Sales total 4000 bales, receipts 14,000, futures quotes shown for July to May June. All listed prices fixed.
Daily stock data lists yesterday 759 390. Compared with last week 769 635 and last year 736 240. Deficit this season 23 150.
Grain and merchandise ship receipts listed by city show Augusta and Memphis totals. The data covers Memphis Tennessee and Saint Louis Missouri with figures for receipts shipments and stock. Totals for all cities combine to 3 112 receipts 7 756 shipments and 324 280 stock.
Rich York reports coffee futures in New York on July 3 drifting lower with September at 7.66 and December at 7.79, indicating a softening market.
Temperature changes are near normal with widespread rain across the region. Heavy precipitation fell in South Carolina while light to moderate showers occurred in North Carolina Georgia Florida Alabama Mississippi Louisiana Oklahoma and parts of Arkansas and Texas. Notable totals include Lafayette Louisiana 1.60 and Bainbridge Georgia 1.46 inches. Allent Buell, Meteorologist.
Wholesale white corn rose to 2.00 a bushel in job lots and 1.94 in car lots while mixed corn reached 1.95 and 1.93 respectively. Texas oats climbed to 0.03 and 0.83, corn chops to 5.48 and 3.85 per hundred, and New Mexico alfalfa to 32 and 29 a ton. No changes in eggs butter poultry groceries provisions or seeds.
Shippers market shows steady egg and butter prices with per dozen rates for eggs at 32 33c and butter to creamery 82 350 per pound. Poultry remains steady with hens 15 16c per pound roosters 11 12c large springs 23 25c broilers 2.50 3.00 per dozen turkeys 15 16c per pound ducks 7.00 8.00 per dozen geese 9.00 16.00.
Butter firm with creamery at 2 86%c and 7 to 31 31%c. ordinary firsts 28% ec at mark. receipts 4 865 cases. Potatoes unchanged with 46 care receipts. Arkansas Oklahoma 2.15 2.40 and California 2.10 2.25. Poultry alive and firm with fowls at 18%0.
Quotations for butter and eggs listed with various grades and prices. Butter firsts and seconds range from 33 to 35 cents per pound, while roosters and hens fetch 18 and 16 1/2 cents respectively. Potatoes are quoted at 2 dollars per bag.
Tuesday market notes show dry salt extras at 24 cents and bacon extras at 26 cents. Dry salt bellies 14-16 lb average at 27.4 cents. Fancy breakfast bacon 40 cents, fancy hams and bacon bellies 14-16 lb averages. Pure lard 23 cents, compound 19 cents, American cheese 29 cents per pound.
The rough rice market was nominal and clean rice strong. Receipts included rough 800 sacks, millers 990 sacks, and clean 1996 pockets with quotations for rough and clean rice across grades such as Hon duras Japan Blue Rose and polish with per ton prices ranging from 49 to 50 dollars and bran from 38 to 44 dollars.
The visible supply of American and bonded grain in New York on July 3 shows wheat down 1,450,000 bushels, corn down 266,000, oats down 1,791,000, rye down 148,000, and barley up 24,000 bushels. The report details the shifting stock levels across major grains.
Raw sugar and centrifugal hold at 6.52 cents per pound with molasses at 5.64 cents. Refined sugar remains steady with fine granulated at 7.50 cents per pound. Market notes reflect stable pricing for New York trading on July 3.
Savannah July 3 Turpentine firm 37 percent sales 26 receipts 486 shipments 1400 stock 20732 Rosin firm Sales 2252 receipts 1394 shipments 1300 stock 64734 Quotations: B 5.25 5.30 D 65.20 EB 5.35 5.40 F 5.40 5.50 G 5.45 6.55 H 5.50 5.60 1 5.50 5.65 K 5.60 5.75 M 5.90 6.00 N 6.50 46.70 W G 6.65 6.80 W W 6.70 7.00
Lead quiet and spot spelter dull with East St. Louis delivery at 9½% asked. Copper electrolytic spot and near by around 52.00, August and later about 29.31. Tin steady with spot near 61.00 to 68.12 percent.
Spot and futures prices listed for lead, spelter, copper, electrolytic copper and tin in London. Lead at 30 pounds 10 shillings spot, 29 pounds 10 shillings futures. Spelter 54 pounds spot, 50 pounds futures. Copper spot 130 pounds, futures 129 pounds 10 shillings, electrolytic 142 pounds. Tin 242 pounds 15 shillings spot, 237 pounds 10 shillings futures.
New York stocks opened under pressure with United States Steel moving 4000 shares at a loss while Atlantic Gulf and West Indies Studebaker and Central Leather slid. Rails mixed with midday declines then a late rise, ending firm as Liberty bonds stayed firm.
Trading in Mexican money in San Antonio Tuesday showed bids for silver pesos at 53 and half pesos at 62. Quotations for state bank notes and national bank notes varied, with Bank of London and Mex at 11 percent asked and other notes listed around 64, 63, and 58.
New York on July 3 reports soft time loans with 60 day at 4 percent, 90 days at 4 1/4 percent, and six months around 4 1/2 percent. Call money shows ease to 3 percent high and 3 percent low, with ruling rate near 3 1/4 percent and closing bids at 3 percent.
Mercantile paper 5 5% per cent. Sterling 60 day bills 472. Commercial 6 day bills on banks 471% and 471% cables. Demand 475% cables 41%. Bar silver 77%c. Mexican dollars 61%c. Government bonds weak and railroad bonds irregular.
The text argues shade from a tree should not be the main factor in southern California. It champions armament permanent standard embellishment that will endure for generations, growing more valuable and beautiful over time.
Wholesale rates cover fresh vegetables fruits canned goods meats and grains. The list includes California and Texas items such as potatoes onions cucumbers tomatoes okra peppers beets carrots cabbage radishes celery lettuce squash and more with prices per hundredweight per dozen bunches per crate or per case along with dried fruits canned goods and seeds. Names of items and assorted regional prices appear throughout the lengthy catalog.
The Union Stock Yards report July 3 shows hog prices higher everywhere with Fort Worth up 10 cents and Kansas City Chicago and St. Louis up 15 cents. Cattle steady to slightly weaker. sheep mixed. San Antonio receipts include cattle 129 calves 159 hogs 125.
Texas market report shows cattle receipts 6300 with varied prices for Reeves stockers heifers cows and bulls. Hogs receipts 8000 up 10 cents with heavy light and medium classes. Sheep receipts 1200 steady with lambs yearlings wethers ewes and goats priced across multiple ranges.
Chicago market reports receipts for hogs at 13,000 with a strong market up to 15e above yesterday, prices listed for bulk light mixed and heavy hog categories. Cattle receipts at 3,000 with a steady market and range prices for native beef cattle stockers cows and calves. Sheep and lambs show 6,000 receipts with a slow market and price spread for lambs.
Kansas City market receipts showed mixed cattle and pig figures with steady demand for southern cattle and strong for lambs. Prime fed steers ranged 12.50 to 14.40, dressed beef steers 9.50 to 12.25, cows 5.75 to 9.25, stockers 6.40 to 10.60, calves 6.50 to 14.00. sheep and lambs posted lambs 15.00 to 17.25, yearlings 9.50 to 11.00, wethers 8.75, ewes 8.25 to 9.00. stockers 6.75 to 6.76.
Receipts total about 7000 cattle and hogs with hogs at 15 to 15.65 and cattle at 5.50 to 13.50 live weight. Markets note steady cattle trends and strong beef prices for native and southern stock. Observations recorded at 7 am Tuesday July 3 1917 in St Louis.
Cattle and native calves show varied values with cows and heifers at 4.25 to 9.00 and prime yearling cattle 6.00 to 15.00. Sheep receipts 3500 with clipped lambs 10.75 to 15.25 and spring lambs 15.00 to 16.50, canners 5.00 to 5.50, choppers 7.00 to 7.50.
New York reports a quiet firmer tone across cotton goods and yarns as government control fears unnerved buyers. Silk prices rose while dress and knit goods prepare for spring, with new prices significantly higher than a year ago.
Certificates of authority to operate in Texas issued to three banks by Commissioner Charlies O. Austin. The banks are Guarantee State Bank Hansford with $25,000 capital, Cain City State Bank Cain City Gillespie with $10,000 capital, and Farmers and Stockmen's State Bank Ochiltree Ochiltree County with $25,000 capital.
The edelweiss plant can be grown in California and does not require the coldest or shadiest garden spot. It prefers sunny conditions and adequate light to thrive.
Girls from the National Honor Guard assist in recruiting for the Texas National Guard. At a Young Women's Christian Association meeting in San Antonio, Miss Marjorie McGown led a week of activities including a parade at 6 o'clock Tuesday noon and a mass meeting on the plaza. The parade features a military band two artillery wagons and twenty-five Honor Guard autos.
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