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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jun 25, 1916
Page
29
A jumble of weather notes appears with unclear wind and rain terms. The report mentions missing data and chaotic phrases about winds, rain, and conditions, with stray names and numbers that lack clear context.
Spot cotton prices rise markedly over the last week as traders report stronger demand and steadier futures. Market observers note ongoing volatility with attention to supply concerns and mill purchases shaping the uptrend.
Prices in the Cotton Exchange climb as New York July hits 18.38 amid short covering and export sales. Spot demand strengthens in New Orleans and San Antonio with middling and various grades improving, while unsettled weather and geopolitical rumblings bolster bullish sentiment.
The New York cotton market opened firm with a 5 to 11 point rise as private crop reports point to sprasy fields and July conditions may show bullish signals. July traded 13.16 to 13.28, October 18.32 to 18.38, with later gains on covering and declines in Liver pool sales. October closed 13.27 and the general market up around 14 points net after a final round of profit-taking.
In New Orleans on June 24 better cables than due and ongoing rains plus Mexican tensions spurred buying in early trading. Active months rose about 10 points as offerings skewed from realizing. Spot market advanced six points with strong demand and final prices up 7 to 10 points.
New Orleans reports June 24 steady cotton opening with bids for July and other months. The market shows varied figures for December January March and April futures, with mixed highs and closes amid erratic postwar trading.
Spot cotton prices show middling at 8.244 cents per pound with low middling 8.08 and good middling 8.404. Sales reach 2000 bales, including 200 for speculative and export buyers. Receipts total unspecified as the report ends abruptly.
In Liverpool June 1924 futures showed quiet activity with several contract quotes. Notable figures include September at 7.89 percent, October 7.85, November 7.80, December 7.75, and March 7.71, reflecting a steady but subdued trading tone.
The first annual convention of the Sheep and Goat Raisers Association of Texas closes at Sonora with Menard chosen to host the 1917 gathering between June 1 and July 41. Officers remain J. B. Murrah president and vice presidents Johnson Robertson and EB Stricklen. The group asks USDA to send its wool and mohair car to West Texas and urges state support for goat scab eradication and a new goat experiment station. It also backs inspectors under the state livestock sanitary commission and praises the Legislature for forestry and related measures.
Wholesale prices to retailers and trade vary by item and origin. Potatoes New Texas $2.50 per hundredweight. onions Texas Bermudas $1.75 per crate. tomatoes Texas per 4-basket crate. celery Texas 75 cents to $1.00 per dozen. peppers Texas 4-basket crate $1 net. beets 25 to 40 cents per dozen bunches. green beans Texas $2.50 per bushel. squash Texas 86 cents per one-third bushel box. corn Texas green 12 to 15 per dozen. cantaloupes Texas per standard. apples Washington Winesap extra fancy $2.25. oranges Valencia boxes $3.50. lemons California $4.75 per box. peaches Texas crate 65 to 75 cents. plums California $1.75 to 2.26. dried fruits and canned goods listed with varied pack prices.
Fort Worth stock markets report receipts cattle 500 steady beef items Fallon Reeves and ranges 6.50 to 8.50 for cattle. Hogs receipts 7.50 steady with bulk 9.60 to 9.65 and assorted classes. Sheep receipts 60 unchanged with lambs at 9.00 to 49.50 and goats 3.75 to 4.7.
Kansas City on June 24 reports hogs receipts 1200, prices for bulk 9.55 to 9.75, heavy 9.65 to 9.80, light 9.55 to 9.70, pigs 8.50 to 8.75. Cattle receipts 200, prices: prime fed steers 10.25 to 10.75, dressed beef steers 8.00 to 10.00, southern steers 6.40 to 9.75, cows 5.00 to 8.25, heifers 7.25 to 10.00, stockers 6.75 to 9.00. Sheep receipts none. lambs 8.50 to 11.40, yearlings 7.85 to 8.50, wethers 6.25 to 7.60, ewes 6.00 to 8.00.
Hog receipts 12000 slow bulk 9609.80 light 9.10 to 9.75 mixed 9.35 to 9.90 heavy 2.25 to 9.90 rough 9.25 to 9.40. Cattle receipts 17000 steady native beef 7.50 to 11.30 western steers 8.30 to 9.35 stockers 5.75 to 8.70 heifers 3.75 to 9.75 calves 8.50. Sheep receipts 4000 steady wethers 7.00 to 8.00 lambs 7.50 to 10.00 springs 8.00 to 11.60.
Hogs receipts 5600, lower. pigs and lights 8.00 to 9.75, mixed and butchers 9.00 to 9.90, bulk 9.60 to 9.84. Cattle receipts 250, steady. native beef steers 7.60 to 11.25, yearling steers 8.50 to 10.65, cows 5.50 to 8.50, Texas/Oklahoma steers 5.10 to 6.0, prime yearlings 8.75 to 10.28, native calves 6.00 to 12.00. Sheep receipts 500, steady. ewe prices 4.00 to 8.00, spring lambs 6.00 to 10.00.
In Clarksville Texas on June 24, more than four hundred bales of cotton stored since 1915 sold for 14 cents a pound on a middling basis. The sale reflects long storage and price stabilization amid regional trading.
Crop experts from the Texas Department of Agriculture report good growing conditions for the week ending July 17 across 29 counties. Improvements include favorable weather aiding harvests in Lavaca Fayette and Colorado, though some areas note rain and weeds slowing cotton and corn. Prices are generally better, potatoes meet steady demand, and yields vary with drought affecting oats and wheat in Medina and nearby counties.
The snippet lists varied prices for livestock and poultry by region, noting new receipts of 50 cars and bids such as Triumph and Virginia Carolina items. Prices appear inconsistently formatted, with figures like $1.00 $1.20 and $2.50 $4.00, plus notes on alive poultry and fowls.
The best weather is fair with above normal temperatures. Rainfall exceeds an inch across several cities including Augusta Ga Wetumpka Ala Dyersburg Tenn Arlington Tenn Batesville Miss Malvern Mena Prescott Warren Ark Chandler Ok City Durant McAlester Pauls Valley Weatherford Okla Vicksburg Brookhaven Yazoo City Miss and other areas. Allen Buell Meteorologist Weather bureau.
Prices paid for country produce delivered in San Antonio on Saturday show steady fees. Candied Texas country goods fetch 20 cents per pound while creamery products run 25 3/4 cents. Poultry rates include hens at 4 dollars per dozen and large fryers at 4.5 dollars, with turkeys and ducks also priced per dozen or per pound.
Quotations for dairy and poultry items listed with prices. Creamery butter 29c firsts 27c seconds 26c packing 22c. Eggs 21c. Poultry hens 1544c roosters 10%c. Springs 2c. New potatoes Texas Oklahoma Louisiana Triumphs $1.00. Old potatoes steady Minnesota Red Rurals Ohioos 75c.
Quotations were as follows today Butter lower creamery 23 2 3 Eyes steady Receipts 16665 cases firsts 21 21 2 ordinary firsts 18 4 20% car mark cases included 26 2i Potatoes unsettled Old receipts 5 cars Michigan Wisconsin Minnesota and Da
Ellis County Texas leads counties with 117,387 bales in 1915 cotton production as Texas total surpasses 8.2 million bales. Georgia follows with 1,908,673 bales and South Carolina 1,133,919. Mississippi Bolivar reports 162,838 bales while Alabama totals 1,020,839. Avent-like note mentions perforated covers to ventilate fingers while sewing.
On June 4 New York markets focused on Mexico with analysts predicting possible government bond authorization for mobilization costs. Washington gave no hint, while talks with British and French lenders continued. Early gains by Bethlehem Steel contrasted with declines in industrials. volume was light and the close firm as bond markets held steady and exchange rates posted losses against central powers.
Secretary Henry Hester compiles a weekly cotton movement statement for the seven days ending Friday night and the season to date with comparisons at the New Orleans Cotton Exchange. The report lists quantities and changes to indicate market flow and trends.
Mercantile paper at 3 1/2 percent. Sterling 60 day bills 4.72 percent. Demand 4.75 percent. Cables 4.767-16. Guilders demand 4 1/2 percent, cables 4 19 16. Bar silver 6 1/2 percent. Mexican dollars 50 1/2 percent. Government bonds weak. Railroad bonds steady.
Owayne London reports bar silver at 313 164 per ounce and money at four percent. Discount rates show short bills at per cent, three months at five per cent.
In New York on June 24 metal prices showed copper dull with nearby September futures at about 27.00 to 29.25 dollars, iron steady, and tin firm at 41.00 dollars spot.
In New York on June 24 readers report little foreign business and modest American demand for copper. Primary producers keep quotations at 29 to 29 for electrolytic forward shipment while reef operators offer 27 to 28 for nearby and forward deliveries, showing no rush to sell.
In New York on June 24 traders watch sugar markets during a holiday with raw and refined sugar activity noted. Prices and trading interest reflect subdued post holiday liquidity and market caution.
The June weekly bank statement reports New York clearing houses holding 109.502 million dollars in excess reserve, up 15.821 million from the prior week. Loans total 3.287 billion, with reserves in vaults and the Federal Reserve up while deposits and time deposits decline.
Federal Judge Hand sustains government complaint to dissolve the Corn Products Refining Company and allied concerns. He says FTC will act as master in chancery to arrange the dissolution details.
State Department of Agriculture inspectors report prickly pear in Catarina Texas is being destroyed by disease. State entomologist E. E. Scholl says the issue will be investigated due to its impact on livestock feed amid drought conditions.
U S Department of Agriculture weather bulletin notes wind speeds under ten miles per hour and precipitation less than .01 inch, detailing data for Felgin Illinois on June 4. Meteorologist Len Buell provides the bulletin.
Bears seized control of grain trading as wheat fell to the season’s lowest price, slipping under 1 per bushel. Gains followed on reports of wet weather checking harvest and low milling supplies, with July and September futures rebounding and corn also rising.
Saturday prices for grain and hay delivered to San Antonio include corn Texas No 3 at 84 1 2 cents, Northern No 3 white at 86 cents, oats Texas No 3 red at 86 cents, and various bulk hay values: maize No 8 1.15, feterita No 3 1.18, Kaffir corn No 3 1.18, cane hay 11 per ton, prairie hay 10.50 per ton, Johnson grass 11 per ton, alfalfa choice 16 per ton in New Mexico.
Chicago market brief lists grain quotes for June 24 with wheat No 2 nominal and No 2 hard nominal, corn No 2 yellow at 75 7s, oats standard 40 percent 0, barley 60 78c.
In Kansas City on June 24 quotations show No. 2 hard at 96 103, No. 2 red corn at 70% in mixed grades, No. 2 white oats around 40 41 cents.
Kansas City grain futures closed mixed with wheat for July at 5 1/2 cents and September at 97 1/2 cents. Corn for July traded at 69 1/2 cents and September at 68 1/4 cents.
Wheat values showed No 2 red at 1.08 to 1.09, and No 8 hard priced nominal. Corn figures listed No 2 at 2.78 to 2.9, No 2 white at 9 cents, and No 2 yellow at nominal figures.
Quotation news lists Chicago market prices for meats and fats. Dry salt items reach 168 percent, bacon extras 14 to 14 pounds average 8 cents, fancy breakfast bacon 27 cents, bacon bellies 14 to 16 pounds average 18 3/4 cents, pure lard 14 5/8 cents, compound lard 12 1/2 cents.
June 24 notices a lone rough rice nomine market with clean rice showing strength in tone. Receipts include 14 sacks rough and 3104 pockets clean. sales list clean Mon uras 543 pockets.
New York reports cotton goods steady under firm conditions while wool markets stay strong at home and abroad. Trade activity continues despite strikes with many buyers adding silk materials to orders and shipments.
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