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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jul 21, 1917
Page
7
The Cotton Exchange report notes heavy rain in the eastern belt influences early trading. New York opens steady to slight gains then ends lower, while New Orleans slips amid long liquidation. San Antonio spots remain at 24.95.
The New York cotton market opened steady with September 10 points lower and new crop 2 to 10 points higher. Trade support from prices in the eastern belt and rain forecasts initially pushed October to 25.02 and December to 24.86, but a large late selling movement pushed October to 24.53 and December to 24.43, closing irregular with a net loss of 37 to 50 points.
In New York on July 21 cotton futures opened steady with July nominal at 24.96 and October at 24.85. December 24.82 and January 24.82. Futures closed Saturday 37 to 43 points lower with late session showing 24.53 to 24.90 and nearby months around 24.60 to 25.05.
The New Orleans cotton market opened on a downward trend with prices off 28 to 30 points as rain worries in the eastern belt spurred buying. By mid session active months rose up to 2 points but liquidation weighed on the market. Shorts increased offerings and by close the months fell 3 to 29 points from yesterday, ending barely steady with a net decline of 25 to 30 points.
In New Orleans on July 21 cotton futures opened near 24.32 for July and closed Saturday with gains of 26 to 31 points. Prices ranged with highs and lows across October December January and March contracts, with December around 24.08 and March near 24.16 at close.
Cotton receipts at listed U S ports show a figure of 8.0 cents per pound for the period, reflecting market activity across Galveston Houston New Orleans Charleston Norfolk and other terminals.
San Antonio July 21 report notes temperature near seasonal levels and moderate to heavy rains across the Houston district. Heavy totals include Mississippi Port Gibson 1.04 Yazoo City 1.52 Natchez 1.74 and Louisiana Morgan City 2.66 with multiple other stations logging over 1 inch. Allen Buell, Meteorologist, Weather Bureau.
New York headlines note weak Rio coffee futures at 9 4 and a September price of 7.94. A brief, fragmented item mentions a household reprimand and a child named Tommy as a humorless exchange appears in the Boston telegraph context.
A dense catalog of wholesale prices for fresh produce and dry goods. It lists onions, potatoes, yams, cucumbers, peppers, corn, beans, radishes, lettuce, apples, peaches, prunes, dates, coffee, tea, canned goods, dried fruits, flour, cereals, seeds, and animal hides with per unit or per weight pricing, including several California and Texas origins and assorted crate or box sizes.
Patrick Bruyere and wife fished on Duck Lake Quebec. Bruyere drowned after snagging a rope when the canoe drifted away and he stepped into a hole. His wife, marooned on a rocky island, survived after signaling with a note tied to their dog who swam to help.
Chicago Wheat market closes strong with July futures up to 2.55 and September at11.5, December at1.15, while corn slides. Quotations show cash wheat nominal, corn No.2 yellow at 16% and oats mixed. high and low ranges given for July 21 trading.
Kansas market quotes for May day show cash wheat at 2.80 to 2.85, No. 2 red at 2.15, No. 2 white oats at 3.83 to 3.83 and No. 2 mixed at 78 to 80 cents.
Kansas City July 21 grain futures report lists Wheat July at 2.60 a bushel and Corn Sept at 1.62 a bushel with minor shifts in prices. Descriptive terms accompany values, reflecting a quiet trading day in wheat and corn markets.
Quotations listed cash wheat No 2 red new 243 and No 2 hard nominal. Corn No 2 212 and No 2 white nominal. Oats No 2 80 cents No 2 white nominal.
The Canadian grain supervisory board announces a maximum price of 2.50 per bushel for No 1 northern wheat in store at Fort William, effective August 1. The ruling applies to the Canadian market to stabilize prices amid market fluctuations.
Observations recorded at 7 a m on Saturday July 21 1917. Wind speeds under 10 mph and precipitation under .01 inch are not published. Allen Buell meteorologist.
Miss Sophie Elizabeth von Seyfried of Newark was denied US citizenship by Judge Rulif V. Lawrence. The court ruled she is German by parentage and, despite claiming Brazilian birth, held anti American sentiments verified by Federal Examiner J. B. Glaser. The judge noted both German lineage and stated opinions as grounds.
When ming the garden keep all forms of lime away from azaleas rhododendrons kalmias camellias and hollies. Plants thriving in leaf mold or swamp muck suffer where lime is present in any quantity.
In local markets the wholesale price of hens fell one cent on Saturday to around 15 and 16 cents. Other poultry eggs and butter held steady with no changes in wholesale prices for groceries provisions seeds grains or mill products.
Market notes show steady wholesale prices with Texas country candled at 32 a dozen and Texas creamery at 32 85c per pound. Poultry declines include hens 15 16c, roosters 23 24c, springs 21 24c, broilers 2.50 3.00 per dozen, turkeys 16 per pound, ducks 7 8 per dozen, geese 9 10 per dozen.
Butter up, creamery grades 34 to 38 cents. Firsts 33 1 4 to 33 cents, ordinary firsts 31 to 33 cents. Potatoes decline. receipts 15 595 cases. Poultry alive lower with fowls 17 to 18 minutes cents and springs 22 to 26 cents. Virginia Virginia barrels fetch 4.00 to 4.25, Tennessee Kentucky sacks 10 01 to 1 15, Kansas Illinois sacks 1.00 to 1.25.
Kansas City market notes show butter at 36c for creamery firsts, 33c for seconds, 32c for penne. Leggs: firsts 30c, seconds 25c. Poultry: roosters 13 1/2c, hens 16 1/2c, brooders 22c. Potatoes: N10.
Elgin Illinois butter market notes a bid of 48 cents per pound with 100 tubs offered. No sales were recorded in the brief report.
Local packing house quotations listed for dealers on Saturday. Dry salt extras 24c and 26c bacon extras, dry salt bellies 14-16 pound average 269c, fancy breakfast bacon 3kc, fancy hams isc, bacon bellies 14-14 pound average, Pure lard 22c, compound 17 percent, American cheese price per pound.
The Chicago market report lists pork and rib quotations with prices for July 20 and September futures. High and low ranges appear around 40 to 46 for pork and about 20 to 22 for ribs, with several figures noted for different months and cuts.
A weak salmon lay on its side at the tank bottom blocking its gill covers. Helpers propped the fish between dip nets and used a water hose to deliver air rich water, reviving it step by step until it could move and finally fully recover.
War shares were the chief feature of today's brief trading period in New York. Bethlehem Steel led gains, United States Steel rose, rails and other staple issues lagged. Shipping, copper and oil shares advanced on a brighter Washington outlook. total volume about 50 000 shares with a firm closing. Liberty issues varied around par to 946.
A dense list of stock quotes and noteable prices for major firms and rail lines including International Nickel, International Paper, Kansas City Southern, Kennecott Copper, Reading, American Can, American Locomotive, United States Steel, Southern Pacific, Norfolk & Western, Union Pacific, Utah Copper, General Electric, and others. Entries show last sale or percent changes with several lines indicating high or low values.
Trading in Mexican money in San Antonio Saturday showed varied quotes across banks with standings for saver peso coverage and notes from Bank of London and Mexico. Banks offered 16 percent in some notes and 11 percent in others, reflecting uneven demand and exchange conditions.
New York July 21 Mercantile paper at 4 percent and Sterling bills at 4 3/4. Commercial 60 day bills 4 7/1, commercial pay bills 4 7/1, demand 4 7/5, cables 4 7/16. Silver at 78 4/8, Mexican dollars 61 1/4. Government bonds steady railroad bonds weak.
The copper market in New York remains heavy with large producers not offering and smaller dealers naming lower prices. Spot and nearby electrolytic delivery quoted at 26.50 to 27.00 with August and later at 23.00 to 26.00. Iron prices unchanged.
A broker recalls being jolted by a telegram announcing his youngest daughter’s marriage to a Maine man. The dialogue reveals the daughter’s husband seems practical, prompting cautious optimism from the shocked father.
A former Driskill Hotel clerk in Austin for two years with T. S. Moody now serves in uniform in city duties. He is subject to call at any time and continues military service. Also listed: Jeffery Cars at 1.60 per hour and Cr. 101 Adv. OConnell Loan Co offering collateral loans and bargains in diamonds and watches.
After President Wilson asked Congress to declare war on Germany, the article lists major early actions. It notes a large Allied loan, military registrations, food control, a $3 billion war budget, naval and aerial preparations, engineer and hospital units, a big Liberty Loan, Red Cross funding, and General Pershing’s arrival in France as the expeditionary force lands.
J F Blair reported to the sheriff's office that his seven passenger Studebaker, factory number M 65 911, was stolen on Saturday.
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