Jotton Prices Fall Sharply in Final Trading
Market closes with materially lower jotton prices and improved cables as brokers report renewed activity. Traders note weaker demand but steadier futures while little price support emerges across sectors.
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 43 articles. Subscribers can read the full text of each article.
Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jul 19, 1916
Page
13
Market closes with materially lower jotton prices and improved cables as brokers report renewed activity. Traders note weaker demand but steadier futures while little price support emerges across sectors.
The July 19 market report notes wet weather across the belt and a West Indian hurricane threat. Prices show bearish sentiment with modest early gains fading. New York and New Orleans open steady then slide later. San Antonio buyers report local compress prices for grades from Strict Low Middling to Good Middling.
Cotton futures opened steady with October around 13.06 and December 13.20 while weather news and tropical storm prospects shape sentiment. By midday selling pressure pushed October to 12.99 and December to 13.15, with later declines on favorable weekly crop data and private reports.
In New Orleans on July 19 the cotton market rose 5 to 7 points early on good prices and favorable weather outlooks. By noon months traded 4 to 6 points below prior close as weekly crop reports eased fears. Afternoon selling pushed prices to a net loss of 9 to 10 points, closing near 1 50.
In New Orleans on July 19 the cotton market opened quiet with bids showing August at 12.83, October 12.90, December 13.04 to 13.03, January 13.18, and March 13.27. Trading ranges and closing figures appear mixed across listed months.
Liverpool spot water goods rise with good middling at 8.184 and middling at 7.864. Sales totaled 5000 with 500 for speculation and export. receipts listed. Futures quiet with July to June contracts quoted from 7.71 to 7.88 pence per pound. A Denver Clarion quote ends with a quarrelsome remark about marriage.
Produce Row reports steady prices as oranges stay at 3.75 to 4.25 per box amid uneven supply. Lemons remain at 0.00 per box with no recession signals. Elberta peaches arrive in two-car shipments at 1.15 to 1.25 per bushel. Homegrown peaches and peppers move at 1.00 per hamper and 1.00 per orange box respectively as lettuce shortages ease with California and Colorado arrivals.
Wholesale rates to trade show Texas red potatoes at 2.85 per 100 pounds and California onions 4 4 percent per pound. Listings cover tomatoes peppers lettuce cabbage and other produce with numerous regional prices, canned goods, dried fruit, meats, grains, seeds, nuts and by the hundredweight or per crate or box.
Chicago July 19 lower cable quotations depressed wheat and corn as foreign weakness and anticipated North American supply pressured markets. Wheat fell from open and closed modestly lower with Sept and Dec contracts. Corn traded down at first, then rallied and fell. finish unsettled. Oats followed the cereals and provisions eased with hogs.
Carlots buyers paid prices for grain and hay in San Antonio on Wednesday. Corn included Texas No. 8 at 64 percent, mixed 82c, Northern No 3 white mixed 64?¢. Oats listed Texas No. 3 red 4lec. Hay prices: maize No. 3 bulk 1.15, feterita No. 3 bulk 1.15, Kaffir corn No. 3 bulk 1.15, cane hay 11 per ton, prairie hay 10.50 per ton, Johnson grass 11 per ton, alfalfa New Mexico choice pea green 16 per ton.
Quotations show No 2 red wheat at 1.16 percent and No 2 old at 1.11 percent. Corn No 2 yellow at 81 81 cents. Oats standard at 42 cents and barley at 65 to 80 cents.
Quotations from St. Louis report grain prices with No 2 red wheat at about 1.20 to 1.25 in cents per bushel, No 2 corn around 80 cents, and No 2 oats quoted near 40 to 43 cents.
Market notes from CITY Missouri dated July 19 list grain quotations for wheat and corn including No 2 hard blending values around $1.07 to $1.18 and corn quotes for No 2 mixed No 2 white and No 2 yellow ranging from about 74 to 81 cents per bushel with additional small lot figures and stray figures.
Grain futures closed in Kansas City with Wheat July at 1.04% and Sept at 1.96 percent. Corn July 76 cents and Sept 72 cents.
PROVISION MARKETS CHICAGO July 19 shows pork and lard quotes with open high and close prices for July and September contracts. Also lists rib prices and related figures for futures and local packing house quotations for dry salt extras bacon extras and various belly and ham prices with weight averages.
Arrived FE Alba from New York with tug Buccaneer and barge Britannia in tow from Tampico. Sailed El Cid from New York Mount Vernon in November Tela.
In New Orleans on July 19 rough rice remained steady and clean rice quiet with unchanged quotations from yesterday. Receipts total 300 sacks rough and fit pockets for clean rice. Sales of clean Honduras rice reached 2200 pockets.
A concise update on cotton prices in New Orleans with quick readings of current bids and market movement. Traders assess futures and cash values as weather and demand factors influence price directions.
Fort Worth cattle sales list buyers and average weights with prices for San Antonio and Aledo lots. Oklahoma City receipts show 1200 cattle steady and active, 1300 hogs six cents lower, with brief market notes.
A compact report presents cotton statistics with figures for current day stock 688,922 and prior year stock 791,674, along with deficit and related totals. Names such as Brock, VORterGay appear in the fragmentary data, suggesting a ledger or survey entry on cotton trade and stock movements.
New York market reports cotton goods quiet with firmness on heavy lines. Future buying described as conservative. Yarns and satins show strength for fall. Large buyer turnout noted at the market.
New York July 19 reports raw sugar easier at $6.14, centrifugal. molasses $5.37. refined steady at $7.65 for fine granulated.
Savannah reports dull turpentine with 481 receipts and 2716 shipments and stock of 12682. Resin farm shows 1610 sales and 62312 stock. Price quotes for several grades listed. A night train tale ends with a boy misidentifying a sleeping car berth as a top drawer.
The July 19 market at Union Stock Yards in Fort Worth shows a nominal trading day with light receipts for ten days. Prices are generally unchanged from yesterday as demand for quality cattle remains steady and rain has slightly improved ranges. Receipts: cattle 121, calves 41, hogs 25, goats 150, horses 798.
Fort Worth Texas reports cattle receipts 2500 with steers 6.50 to 8.40 and cows 4.00 to 6.00. Hog receipts 2500 with prices from 7.00 to 9.80 and pigs 4.50 to 7.25. Sheep 100 receipts showing lambs 9.00 to 9.75 and yearlings 8.00 to 8.75 along with ewes and goats priced.
In New York on July 19, variable changes mostly rose in early operations with gains of 1 to 2 points in several issues. U S Steel and leading rails held steady as trading broadened after midday and tobacco issues showed substantial gains amid rising green shares as the market closed strong.
Mercantile paper yields 4 percent. Sterling 60 day bills around 7 g. Demand 4.76 percent. Cables 4.764 percent. Guilders demand 41 7-16, cables 419-16. Bar silver 62. Mexican dollars 48. Government bonds steady, railroad bonds irregular. Time loans steady 3 percent for 60 and 90 days, six months 4 4 percent. Call money steady with high 2 percent, low 2 percent, ruling 2 1/4 percent. Close 2 1/2 percent.
London July 19. Bar silver at 294d per ounce. Money 4 percent. Discount rates 5 percent on short bills, and three months 5 percent.
July market update shows Lead at 6.10 asked with Stelter firm, spot and Hast St. Louis delivery at 9 percent unsettled. Electrolytic copper at 24.00, Tron unchanged, Tin quiet with spot quoted 36.75 to 37.60.
Hog receipts 10 000 and prices steady with bulk 9.65 to 9.85 and heavy 9.80 to 9.90. Cattle receipts 7 000 with 1200 Southern, prime fed steers 10.00, dressed beef steers 7.50 to 9.75, southern steers 6.00 to 8.60. Cows 4.60, heifers 6.00 to 9.55, stockers 6.00. Sheep receipts 4 000 and prices steady. lambs 10.09 to 10.85, yearlings 7.65 to 8.00, wethers 7.25 to 7.60, ewes 6.75 to 7.25.
Lead 28 pounds 10 shillings spot copper futures and electrolytic prices listed. Spelter 50 pounds, spot copper 89, futures 87, electrolytic 122. Spottin 162, futures 162 pounds sterling.
Hog receipts 24,000 slow with mixed and heavy price ranges from 9.20 to 10.10. Cattle receipts 14,000 weak with native beef cattle 6.90 to 10.75 and western steers 7.19 to 9.00. Sheep receipts 14,000 weak with wethers 6.76 to 3.30 and lambs 7.00 to 10.40.
Rudolph Polasek, a local farmer, harvested the first bale of cotton ginned in Corpus Christi for 1916. It was processed by Geo. L. Caldwell Gin Company. Later, T. A. McKamey of Gregory delivered eight bales ginned that day across the Nueces county causeway.
Receipts and quotations for hogs cattle and sheep in St Louis show hogs at 7500 head mostly lower with various grade ranges from light to good heavy. Cattle receipts 5500 with a wide spread for native beef steers yearling stock cows and stockers and Texas Oklahoma entries. Sheep receipts 3500 with steady tone and price spread for yearlings clipped ewes and spring lambs.
The Interstate Commerce Commission decides the St Louis and San Francisco line was justified in routing grain from Oklahoma Kansas Missouri Iowa and Nebraska to Galveston and New Orleans via paths that omit Oklahoma City as a milling point. The ruling highlights routing choices in midwestern grain traffic.
Former Governor Alexander M Dockery is praised by Congressman Hensley of Missouri in Sedalia for his boots and long public service. The exchange notes Dockery’s reputation from coast to coast and questions whether he would have achieved fame without his footwear. The text also includes a miscellaneous joke about lecture notes and a Punch Bowl reference.
Buyers paid the following prices in San Antonio Texas for country produce. Butter 25 3% per pound creamery. Country 20 25c. Packing stock 18q 19c. Poultry steady hens to $6.50 large friers $4.60 5.59 per dozen. Broilers $2.10 ! turkeys 16 11e per pound. Ducks $4.00 5.00 per dozen geese $4. 50 5. 00.
Butter steady at 27 9c for creamery 23 and 27 9c. Eggs steady with receipts 18 164 cases. firsts 22 22c, ordinary firsts 21 21c, at mark 22 4c. Potatoes lower. receipts 45 cars. Virginia barreled $2.00 to $2.25, Virginia 5c, Kansas Missouri Illinois Ohio 5c. Poultry alive higher. fowls 18c, springs 21 25c.
Quotation sheet from Kansas City dated July 19 lists butter prices with creamery 8c, firsts 26c, seconds 28c, packing 21 1?4c. Eggs firsts 2145c. Poultry hens 6c, roosters 10c, springs 22c. New potatoes weak. Texas Oklahoma Louisiana Triumphs 60c, Kaw Valley early Ohios steady 60c.
For the 24 hours ending at am Wednesday July 19 1916 the belt experienced generally fair weather with above normal temperatures. Rainfall exceeded an inch at Houston Texas Corinth Minnesota Macon Tallapoosa Waycross Georgia Fort Deposit Alabama Ozark Arkansas Robeline Louisiana Spartanburg South Carolina. Allen Buell meteorologist Weather Bureau.
An old woman visits a Burnley farmhouse during tea time and refuses to remove her bonnet. She drinks seven cups of tea and eats eight pieces of cake before finally deciding to take off her bonnet to weigh the tea weight.
Military orders detail temporary duty relocations and assignments for numerous officers including Second Lieutenants Eddy M’Keeley Lane Huff and Maxon, Captains Siner Upshu Burnett French and others. Promotions retirements and staff details are noted with Canal Zone reliefs and Fort Sam Houston moves.
Miss Emily Wayland Dinwiddie reports Trinity owning 365 dwelling houses housing 3000 to 4000 tenants at rents averaging $5 a month. Parish shows 9191 communicants, 33,324 Sunday school children, and 2,721 students in day night industrial schools. 463 baptisms, 436 confirmations, 310 marriages. Parish deficits exceed income. taxes on property total 15,881,850 and notes payable rose to 4,000,000 for new buildings.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.