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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jun 17, 1916
Page
7
Jotton adopts a firmer stance as buyers show scattered interest in a cautious market. Verpool reports early enthusiasm from buyers, while sellers hold to steady asking prices amid limited trading activity.
The daily oP spot market report shows dullness and limited activity across regions. Middling cotton traded near 12.19 in local markets while New Orleans prices fluctuated, with July futures around 12.71 to 13.18 and late-session declines.
New Orleans reports a soft start on June 17 as poor leg weakness weighed on early bids before buyers supported prices. Opening quotes show July and October near 12.70 to 12.97, with December at 12.85 and March around 18.13, while highs and lows reflect a narrow trading band and lingering long-covering after weekend liquidations.
Reports from Liverpool show spot cotton middling prices around 8.3 to 7.9 with futures easing near 7.9. New York coffee markets firmed with opening gains of 3 to 4 points and settling 9 to 12 points higher. Texas cattle movements include shipments from West Texas to northern points and multiple car loads westward, with Wyoming bound stock noted.
In New Orleans on June 17 receipts were rough at 291 with millers reported at 291. The market tone remained unchanged across all rice grades as there were no sales or quotations.
Fresh vegetables remain scarce after a week of poor conditions and limited rains. Prices hold mostly steady with tomatoes down. Crystal Wax onions surged from 3.75 to 2.25 per crate. Small blackberry and June apple shipments offered at 1.25 and 0.75 per crate respectively. poultry prices largely unchanged. butter, eggs, and hog provisions show little movement amid wider market trends.
Rockdale Texas reports two rains in the week totaling two inches, with widespread wet conditions across Gause Milam Cameron Ben Arnold Burlington Tracy San Gabriel Thorndale and southern points. The county now enjoys a thoroughly wet season, promising a strong corn crop though a dry spell could help cotton. Crops are cultivated, weeds removed, and gardens show vigorous produce ready for market.
Quotations were recorded with butter unsettled at 25 28 4 cents, eggs lower with receipts of 20,623 cases including firsts at 20 21 with various grades. Potatoes unsettled with new receipts of 18 cars. Triumphs sold 1.50 to 1.70. Virginia and Carolina barrels quoted 4.60 to 5.00. Poultry alive prices lower. fowls 17 cents.
A lengthy wholesale price list for fresh produce and staples appears, detailing Texas and California origins. Items include potatoes, onions, tomatoes, cesery, beets, beans, squash, carrots, turnips, chili peppers, lettuce, parsley, eggplant, spinach, cucumbers, apples, bananas, oranges, lemons, limes, peaches, plums, kraut, canned goods, raisins, figs, and grains. Prices are given per crate, per bushel, per hundredweight, or per pound, with many regional pairings and bulk terms.
Wheat prices weakened again on June 17 in Chicago as Liverpool quotations prompted a downbeat session. July and September futures drifted, then rallied briefly before closed lower with repeated slight losses, while corn and oats held steadier amid weaker grain outlooks and softer hogs and provisions.
Saturday prices for corn, oats, and hay delivered in Santonio include Texas No. 8 corn at 84 cents and Northern No. 3 white at 84 cents, with mixed grades. Oats Texas No. 3 red at 41 cents. Hay prices list Mile maize, feterita, and Kaffir corn at 1.15 dollars per unit, cane hay at 11 per ton, prairie hay at 10.50 per ton, Johnson grass at 11 per ton, and alfalfa peas green New Mexico at 16 per ton.
Quotations today show No 2 hard wheat at 5 1 2 cents and 1.02 dollars per bushel, No 2 mixed corn at 72 cents, No 2 white corn at 7 1 2 cents, No 2 white oats at 39 1 2 to 40 cents, and No 2 mined at 83 1 2 to 84 2 5 cents per bushel.
Kanbag city reports grain futures with July at 92 1/2 cents and September at 96 1/4 cents, noting July 69 1/2 cents and September 67 1/2 cents in the same listing.
Chicago quotations show wheat at No 2 red and No 2 hard, corn No 2 yellowerties, oats standard 39 and 40, barley 58 80c.
A June report from Louis lists Quotan heat price data for No. 2 red at 1.091 and main nominal No. 2 at 0.75. Prices for No. 2 white show 0.70 to 0.75 ranges with nominal mentions and fluctuating quotes.
Chicago provisions market reports varied prices with dry salt bacon extra and bellies shown. Quoted figures include bacon at 16 cents, dry salt bellies 14 to 16 pounds at 17 cents, fancy breakfast bacon 26 cents, and pure lard at 14.4 to 14.5 cents, reflecting Saturday dealer quotations.
New York reports no definite business, resellers offer small lots of electrolytic copper at 27 to 28 cents for nearby and forward delivery. Leading agencies maintain quotations at 28 to 29 1/2 cents for October and later.
Reports from Philadelphia detail vast imports of British sovereigns over six months. About $10,000,000 in coin reached the local mint from Canada with $2,000,000 arriving yesterday from Ottawa. Stocks include iron bars valued per unit, as the mint holds large gold reserves.
Market brief notes New Orleans cotton prices and trends with quick read on current levels. Analysts cite local demand factors and nearby futures movement as prices show modest shifts amid seasonal trading.
June 17 at Union Stock Yards Fort Worth shows quiet cattle trading with medium quality offerings. Prices range from 5.50 to 9.90 for steers and hogs around 9.00, with sheep steady and receipts modest. calf and horse counts also listed.
June 17 bulletin reports temperature near normal and general fair weather in the belt. Rainfall of an inch or more recorded at Goldsboro North Carolina Ardmore Oklahoma and Yemassee South Carolina. Allen Buell meteorologist Weather Bureau.
Receipts of hogs reached 15,000 with a slow market and mixed price ranges from 7.50 to 9.95 for pigs and different hog categories. Cattle receipts were 400 with an easy market and prices for western steers from 8.50 to 9.50, cows and heifers from 4.00 to 10.00, and calves up to 11.75. Sheep receipts hit 6,000 with a steady market. wethers 7.00 to 8.19, lambs 7.60 to 10.80, springs 8.00 to 11.60.
Receipts and quotations list hogs cattle and sheep trading. Hogs 1200 head market lower with bulk 9.49 to 9.70 and heavy 9.46 to 9.75. light 9.85 to 9.66. pigs 8.50 to 4.8. Cattle receipts 100 steady with prime fed steers 11.26 to 19. R5 dressed beef steers 8.00 to 10.25. southern steers 6.40 to 9.80. cows 5.00 to 8.50. heifers 7.25 to 10.09. stockers 6.75 to 8.50. Sheep receipts none. lambs 8.6 to 11.10. yearlings 7.75 to 8.80. wethers 6.25 to 7.50. ewes 6.00 to 7.00.
Receipts show hogs 6500, cattle 350, sheep none with market steady. Hogs range from light pigs to heavy, with prices from 8.79 to 9.95 for various classes. Cattle include native beef steers 7.50 to 11.15, yearlings 8.50 to 10.65, cows 5.50 to 8.50, prime and stocker categories, and southern and Oklahoma steers up to 10.90. Sheep offer wethers 5.00, ewes 4.00 to 7.50, lambs 6.00 to 11.66, with spring lambs 7.00 to 11.66.
New York headlines report a holiday market with raw and refined sugar activity. The Elgin Butterd listing from Elgin Mb notes butterTub sales at 28 percent, reflecting a holiday trading pause and market adjustments.
New York June 17 Selling of the weekend character continued as Mexican Petroleum led declines, down nearly three points with American Smelting off a point. Airbrake Baldwin Locomotive Crucible Westinghouse also fell one to two points along motors and mining shares. United Fruit rose almost three points while United States Steel and the metal group slipped. Bond trading was irregular.
New York banks and trust companies show an aggregate reserve of 656.9 million with an excess of 93.68 million over required levels, up 21.41 million from last week. Loans total 3.31 billion, deposits rise modestly, and specie holdings reach 59.55 million with notable shifts in reserves across vaults and federal banks.
Note wind velocities under ten miles per hour and precipitation under .01 inch are not published hereon. Allen Buell, meteorologist.
Kansas City reports show butter quotings at 29 cents for firsts 27 cents for second 25 cents for third with packing at 22 cents Exes firsts 214 cents Poultry prices hens 15 cents roasters 10 cents springs 250 New potatoes weak Texas Oklahoma and Louisiana Triumphs 1 25 old potatoes weak Minnesota Red Rurals and Ohios 1000 1 10.
New York reports mercantile prices with 34 percent figures and small percentage changes. Sterling exchange quoted for sixty days, demand, and cables. Guilder rates shown cash and cables. Bar silver and Mexican dollars listed. Government bonds heavy, railroad bonds irregular. Timings for bonds steady with varying 3s and 4s maturities.
On June 17 in New York cotton goods were quiet while yarns remained firm and wool markets showed strength with higher foreign wool prices. Ready to wear trade stayed unsettled amid ongoing labor troubles.
Turpentine and resin market data from Savannah Ga dated June 17 show sales and receipts figures for turpentine and resin firms, with multiple quotation levels and percentages. The report lists stock, shipments, and price ranges for various grades denoting auction-like market activity.
The cotton seed market in New York on June 17 closes steady with prices: June 10.60 10.75, July 10.61 10.68, August 10.50 10.62, September 10.58 10.60, October 9.14 9.56, November 8.67 8.70, December 8.59 8.62, January 8.62 5.68. Total sales reach 9700.
Saturday prices show steady thịngs across country candied and creamery butter. country stock and packing stock varied slightly. Poultry rates held firm with hens and friers near $4 to $5 per dozen and turkeys around 15 to 16 cents per pound. ducks and geese traded between $5 and $6 per dozen.
In New York on June 17 refined sugar held steady with Cut loaf at 8.80 and cubes at 8.15. Raw sugar prices showed centrifugal at 6.39 and molasses at 5.62, with various grades and con fectioners figures listed including fine granulated at 7.65 and No. 1 at 7.50.
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