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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jun 08, 1916
Page
13
Observations taken at 8 a m Thursday June 8 1916 reported by the UV S&S Department of Agtioc Weather Bulletin. This item notes the meteorological readings and conditions for the date and hour specified.
The Cotton Exchange notes uneven market sentiment with prices marked down. San Antonio and New Orleans show small activity, spot prices slip from 12.38 to 12.25 cents per pound mid. Liverpool and New York activity offset gains, prices quoted for various grades reflect cautious trading.
A fragment discusses atmospheric effects on racing data noting air pressure at sea level, lap timing around the seventy-fifth lap, and plotted lines for equal pressure and equal temperature. The text references Baks with continuous lines and IsorHarks with dotted lines, indicating a schematic comparison of conditions across the race.
A San Antonio area report notes strong activity among small town grocers and jobbers with brisk orders from traveling foresmen. Cotton prospects remain bright, cash flow healthy, and rural collections good as watermelons cantaloupes and peaches grow more plentiful. Prices hold steady with slight declines anticipated next week in some markets. Federal and Texas officials plan a coordinated campaign against adulterated eggs, with two Washington inspectors arriving to work with state Pure Food and other inspectors for several months.
New York reports say southern hedge selling emerged after yesterday's advance as cables eased, prompting early declines. October drops to 12.90 and December to 13.08 before scattered covering steadies prices, with New Orleans sellers and Liverpool bids shaping a muted trading day in cotton.
Futures opened steady with July at 12.63 and March at 13.09 as markets show early gains. Evening call notes Liverpool expected lower by 4 to 5 points, with New York call quotes showing mixed bids and recent declines.
Wholesale prices to retailers list Texas, Colorado, California and Arkansas goods. Potatoes at 2.60 and 2.40 per hundredweight, onions in crates and per dozen, tomatoes in crates, celery and cabbage by crate or dozen, peppers and beans by crate or hamper, peaches and oranges by crate or box, dried fruits and canned goods with varied crate and box rates, coffee and sugar prices, and general grain and staple costs across multiple regions.
The bulletin reports fair weather across the Houston district with below normal temperatures and rainfall above an inch at Brenham and Columbus. Allen Buell, Meteorologist, notes the belt’s conditions. In Oklahoma City live cattle at 1800 head steady, hogs up 5 to 10 cents with top at 9.15, and sheep at 600 steady.
New Orleans prices fell in early trading as buyers turned sellers at the open. Prices declined 10 points, with September futures down 12 to 15 points by noon. By 1:30 P.M. losses narrowed to 8 to 11 points, closing the day 13 to 16 points lower with a steady tone.
Cotton futures in New York opened steady with July at 12.80 and up to March at 13.18 while later trading showed closes 12 to 14 points lower. Prices and ranges appear fragmented in the body of the report with several broken figures.
Liverpool cotton prices listed for June 8 with good middling at 8.66, middling 8.49, and low middling 8.31. Sales totaled 8,000 bales with speculation and export at $500 per bale. Receipts noted at 2,100 bales.
Futures prices listed for multiple contract months in Liverpool show steady to slight gains across near and distant points. The table includes various spreads and percent figures such as June 6144 and July-August 8.60 percent, reflecting general market drift.
New York on June 8 reports steady sugar futures with refined and granulated types holding firm. Prices listed include centrifugal at $6.33, molasses at $5.56, and refined loaf and cube ranges around $8.60 to $8.15, with confectioners A about $7.55 to $7.50.
California tragedian McKean Buchanan famed for boisterous Shakespearean roles and a notorious habit of not paying his lawyers. J Gordon Eastman notes his penchant for litigation. Buchanan storms a lawyer's office and asks to retain him, only to learn the other side has Shakespeare's ghost.
Washington June 8 The Agriculture Department issued its June crop report detailing early estimates for spring wheat and winter wheat harvest prospects. It forecasts production for oats barley rye apples and peaches based on June 1 conditions with comparisons to 1915 and the five year 1910-14 average.
Claude A. Broome shipped 125 one year old heifers to W H Burns & Son at Maryneas. The cattle were disposed of at 35 dollars per head.
On June 8 in New York the cotton goods market remained quiet with yarns firm and spring knit goods active. Converters begin to clean up their wash and white goods lots.
Savannah report shows Turpentine firm with 40 40% sales 602 stock 67 693 and December 1125 shipments none. Resin firm notes sales 6/8 receipts 478 stock 12 784. Quotations list multiple letters with varying percent figures and prices across products and grades.
Lack of sufficient financial aid forces abandonment of a proposed banquet by the Texas Department of Agriculture for N E A members during their New York meeting on June 19. Commissioner Fred W Davis announced the setback saying food donations were ample but funds fell short.
Butter lower and creamery at 25 percent 29 cents. Eggs steady with receipts of 13 930 cases. Fusts 20 to 21 cents, ordinary firsts 182 20 cents. Potatoes higher with 26 cars old receipts from Michigan Wisconsin Minnesota and Dakota. New receipts 32 cars. Poultry alive higher with fowls 18 cents springs 22 to 32 cents.
Strong interest in rails dominated the early session with Reading rising to 106 percent, up 2 percent from overnight. Chesapeake & Ohio climbed 1 percent to 66 percent on thousand share blocks, and United Fruit gained 2 percent to a 169 record. Later New York Central Northern Pacific St Paul and United States Steel joined the leaders as prices firmed in the final hour. beet sugar also showed strength while Specialties lagged.
Mercantile paper 21.38 percent. Sterling exchange sixty day bills at 4.72 percent. Demands 475 11-18, cables 4.76. Guilders demand 419-16, cables 41. Far eiver 646%e. Mexican dollars 51%¢. Government bonds firm, railroad bonds irregular.
The New York market lists several rates with 2 percent and 4 percent levels for calls and commercial loans. Ruling rate sits at 8 percent, while close bids hover around 3 percent to 4 percent with varied terms including 34 percent and 90 day distinctions.
The report lists silver at 3113-144 per ounce in London with money market figures and discount rates. Short bills yield 4 9-1674 percent, and three month rates stand at 4 9-16 4 percent.
New York metal prices show lead at 6.95 per unit with Spelter not quoted and no value listed for Spelter. The report notes market activity but lacks additional price data.
Market report from San Antonio shows Texas country candied at 18 wire and country packing stock at 19 20c per pound. Poultry rates list hens at $8 000 per dozen, broilers at $24 04, ducks at $6.00 per dozen, and geese at $6.00 7.00 per unit with steady butter and creamery prices.
New York notes show No. 7 Rio coffee trading at 9 3/4 cents, futures steady with July at 8.09 and December at 8.38. The market reflects stable pricing with slight firmness across contracts.
Weak prices gave way to higher hog trading in Chicago Kansas City and St Louis as well as other packing centers. San Antonio saw firm hogs with a noon best at 9.10 and most deals between 8.75 and 9.00. Cattle remained steady with cows up to 6.50 steers 6.50 to 7. Calves 7 to 7.50. Receipts included 689 cattle 214 calves 6 hogs 303 hogs. No sheep or goats were reported.
Fort Worth Texas market data shows cattle receipts at 4000 with prices from Reeves to cows and calves, hogs receipts 3500 with bulk and heavy bids, and sheep and lambs trading lower by about 10 to 15 cents. Goats price range noted across several categories.
Hog receipts near Rosine 18,000 with top bulk bids 9.10 to 9.85, heavy 9.25 to 9.40, pigs 8.50 to 9.00. Cattle receipts 3,500 with feeder ranges. prime fed steers 10.35 to 10.85, dressed 8.00 to 10.20, cows 5.50 to 8.50, heifers 7.50 to 9.75, stockers 6.75 to 8.60. Sheep receipts 4,000 with strong market. lambs 9.50 to 11.25, yearlings 8.00 to 9.25, wethers 7.25 to 8.25, ewes 6.76 to 7.16.
Chicago markets show hog receipts of 15,000 with mixed and heavy ranges about 8.90 to 9.55 per cwt and bulk around 9.25 to 9.45. Cattle receipts near 3,000 with native beef at 8.00 to 11.80 and western steers 8.50 to 9.50. sheep receipts 13,000 with wethers 7.00 to 8.25 and lambs 7.75 to 10.40.
Receipts 7500 hogs with higher market. Mixed and butchers 9.00 to 9.45, good heavy 9.40 to 9.50. Cattle receipts 9800 with steady market. Native beef steers 7.50 to 11.00, yearlings 8.50 to 10.35, cows 5.50 to 8.50, prime stock 8.75 to 10.25. Sheep receipts 2500 with steady to strong market. Wethers 7.00 to 8.50, clipped ewes 6.50 to 8.00, lambs 8.50 to 11.50.
The United States forestry laboratory in Madison Wisconsin is testing wood pulp based artificial silk. The Boston Transcript notes progress toward using lumber waste for silk and related products including hose, braids, linings, ribbons, and neckties.
Prices advanced across grains as reports of stronger overseas wheat demand from Liverpool and bullish crop forecasts supported gains. July wheat traded around and September near while corn and hogs also firmed as rains were seen as beneficial and provisions rose on tighter supplies.
San Antonio buyers posted prices for grain and hay with Texas No. 3 and Northern No. 3 white oats and mixed lots. Values include Tex No. 3 82% for corn, mixed 1% higher, oats red 40c white 50c, sulpherzide 3 cents more in sacks, and bulk hay prices for Milo maize No 8 Kaffir corn No 3 and related tonnage rates.
In St Louis on June quotes for grains are listed with No 2 red wheat at 1.08 to 1.09, No 8 hard near nominal, corn No 2 at 78 cents, No 2 white steady, oats remaining nominal.
June 8 quotations show wheat at about 1.00 to 1.04 for No 2 red and Lapod 2 hard, corn around 70 to 72 cents for mixed and white varieties, and No 2 white silk? at 39 to 40 cents with No 2 mixed around 35 to 36 cents.
Kansas City grain futures closed steady with Wheat July at 58 1 2 cents and September at 1. Corn steadied at July 68 1 2 cents and September 67 1 2 cents.
Chicago June grain quotations list prices for Wheat No 2 red at 1.05 and No 3 hard at 1.05 1/2% as well as Corn No 2 yellow at 72% Oats standard at 40% Barley at 60 to 78 cents. The brief report notes bid and ask levels for the day in the Chicago cash grain market.
Chicago provisioning prices list pork lard ribs and related meats with July and September dates, several odds and ends for San Antonio and local quotations, including bacon, hams, bellies and pure lard. The report notes variations in prices and weights, reflecting market conditions for meat products.
Fragmentary Kansas City section shows garbled prices and product lines with references to numbers and names unreadable. The text includes scattered fractions and misread city names, offering little coherent report beyond hints of trade and local mentions.
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