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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jun 26, 1916
Page
9
Readable fragments indicate improved cables offset prior effects over months. The note emphasizes ongoing alignment between cable upgrades and performance, with months showing sustained reduction in previous issues.
Quotations from the principal spot markets indicate a cautious session with Liverpool cables lifting sentiment in early trading while New Orleans prices drifted. Active months fell from morning highs as rains across eastern states and Oklahoma City dampened demand and liquidation continued.
Active trading in New York cotton follows high Liverpool cables with early gains trimmed as private crop data temper buying. Prices fluctuated with July and October positions slipping before late-session firmness from spot support in the eastern belt. market closed steady.
The fragment references Liverpool opening Tuesday from 81 and trailing by 4 percentage points. It includes unclear cipher-like data, an 11 o'clock call, a October 12.1% note, and a January figure 413.55, plus unrelated strings. The readable facts are insufficient to form a coherent event.
In New Orleans on June 26 the cotton market faced nervous trading as July tenders unsettled prices. Notices were about 500 bales, trades paused, and after an early rise the market slipped to 2 to 4 points below Saturday’s close. By noon trading months fell 7 to 8 points, with the afternoon market heavy and absorption weak. At 1:30 pm months showed a net decline of up to 10 points. by close, the market was steady but down as much as 12 points from earlier levels.
Liverpool spot cotton held steady with good middling at 8.424 pence per pound and middling at 8.26 pence. Low middling quoted at 8.104 with sales totaling 000 bales and exports/speculation accounting for 6060 bales. Receipts reached 33,000 bales.
In Liverpool on June 26 futures quoted largely unchanged with near and distant contracts shown. Values span June 8.014, June-July 7.984, July-August around 7.9, and other forward pairings from August-September to June-July 7.704, reflecting a flat but varied curve.
A terse exchange recalls a cryptic remark about cotton statistics and a remark from P. G. Pester prompting confusion. The quote suggests informal nicknames or miscommunications during a discussion. the fragment hints at a larger, unclear debate over data.
Week’s produce row opened briskly with fair receipts of good quality. Peaches were lower at 65 to 70 cents a crate and 1.60 a bushel. tomatoes at 75 cents a crate. Poultry receipts light. hens up slightly. Butter scarce but steady at 26 to 30 cents a pound. Hams 1 cent, bacon bellies 19 cents, dry salt bellies 17 1/2 cents.
Shippers paid listed rates for country produce delivered in San Antonio on Monday. Prices remained steady across items: Texas country butter 25 to 30 cents per pound, creamery at 25 to 30 cents, packing stock 18 cents, poultry fields steady with hens 4.50 to 5.60 per dozen, large fryers 4.50 to 5.50, broilers 2.50 to 3.50, turkeys 16 to 17 cents per pound, ducks 4.00 to 5.00 per dozen, geese 4.50 to 5.00 per dozen.
Quotations today show Butter Creamery 29 cents for firsts 27 for seconds packing 22 cents Eyes firsts 21 to 21 1/2 cents Poultry hens 16 cents roosters 10 1/2 cents springs 26 cents New potatoes easy Texas Oklahoma Louisiana Triumphs 90 cents to 1 19 Minnesota Red Rurals and Ohio old potatoes 75 to 90 cents
Chicago quotions report Butter lower at 28 1 8 to 28c a pound creamery Eggs steady with firsts 21 to 21 4c per dozen Potatoes lower old receipts Michigan Wisconsin Minnesota and Dakota white 1.00 to 1.20 new receipts Triumphs 90 to 105 Virginia and Carolina barreled 3.26 to 3.75 Poultry alive lower fowls 16 1 2c springs 24 to 26c
New York June 26 cotton seed oil quotations show July at 10.88 to 10.90, August 10.82 to 10.83, September 10.80 to 10.81, October 9.53 to 9.84, November 8.92 to 8.94 and December 8.80 to 8.83. Total sales reported as 7206.
New York reports a steady raw sugar market with centrifugal at 6.40 and molasses at 5.63. Refined sugar holds firm with Cut loaf 8.80 and crushed 8.65, mould A 8.15, cubes 8.80, powdered 7.80, fine granulated 7.65, diamond A 7.66, collectors A 7.55, No 1 7.50.
New York notes show lead at $6.90 with dull demand and 12 East St. Louis delivery. Copper and tin weaken with copper futures and spot prices listed. London copper and tin futures quoted. Iron prices hold with No. 1 northern at $20.00, No. 2 at $20.50, while No. 1 southern sits around $20.25.
Marine intelligence from New York reports the Cedric has arrived, coming out from Glasgow and Liverpool.
Cotton goods markets showed steadier conditions last week with price gains from low points on gray goods and convertibles. Yarn and knit goods remained strong as mills reported large orders and some production limits due to labor shortages while bleacheries and finishing works stayed congested.
Export of steel products continues with Japan purchasing car wheels and 10,000 tons of ship plates. Italy and Spain buy pig iron while Russia nears a rail and locomotive shortage. J P Morgan and Company placed export orders for fifty tons bars. Domestic munitions makers seek 50,000 tons of steel rounds and forgings with cartridge cases and fuses for Britain and Russia needing 1.5 million pounds of copper and electrode material.
Sixty towns in Texas will host three day short courses in agriculture and domestic science conducted by the University of Texas extension staff. The programs cover field crops fertilization terracing seeds and feeding livestock judging livestock diseases milk production creamery management horticulture home convenience and beautification and domestic science with emphasis on cooperation and marketing. The courses are designed for practical application with minimal lectures.
New York June 26 Coffee futures traded with No 7 Rio opening at 64 for July at 7.50 and December at 8.04 as the market showed a softer tone.
Report shows no precipitation on Sunday with normal daily rainfall. The day’s rainfall was 0.09 inches, leaving a 0.09 inch deficiency for the day. Since January 1 total precipitation is 9.18 inches with a 4.44 inch deficiency year to date.
Wheat futures hardened on news of a Mexican crisis with pressure from potential war and Greece blockade fears. July and September contracts moved to about 101 and 103 58, then settled unsettled with modest gains. Corn rose modestly while oats drifted. hog price strength lifted provisions amid cautious demand.
Monday grain and hay prices delivered in San Antonio include Corn Texas No 3 84 and No 3 mixed 82 Northern No 3 white 86 mixed 86 Oats Texas No 3 red 4 Hay Mile maize No 3 bulk 115 feterita No 3 bulk 115 Kaffir corn No 3 bulk 115 cane hay per ton 11 prairie hay per ton 10 50 Johnson grass per ton 11 alfalfa choice pea green New Mexico per ton 16.
Chicago reports wholesale quotations for grains with wheat at No 2 red and hard around $1.01 to $1.02 per bushel. Corn No 2 yellow at 76 1/2 to 76 3/4 cents, oats standard at 40 to 41 cents, and barley at about 60 to 7 cents.
Market quotes show wheat at No 2 red around 1.09 to 1.18 per bushel and No 2 hard near 1.04 to 1.08. Corn No 2 around 75 to 76 cents, No 2 white mixed 70 to 71 cents. Oats No 2 around 39 to 41 cents, with No 2 white near 40 to 41 cents.
Kansas City grain futures closed with July and September contracts showing varied movement. The report lists mixed percentages for wheat and corn amid market activity, reflecting renewed demand and supply dynamics.
PROVISION MARKETS HOUSTON TEX June 26 The second annual state convention of the Buy It Made in Texas Association opened in Houston for a two day meeting Local clubs in principal cities participate and the program includes features and regular business A mammoth industrial parade representing all state sections is planned by President J F Shelton of Fort Worth.
The June 26 cattle and hog sale reports hogs in good demand with light pig receipts. Prices for light pigs are 7.50 to 8.00, heavies 8.50 to 9.25 locally, with foreign heavies 9.35 to 10.05. Cows show strong but average 4.50 to 4.75, cattle receipts 960, calves 91, hogs 62, horses 63.
Fort Worth Texas June 26 cattle receipts about six thousand with lower tone for some categories. Hogs receipts around four thousand with prices mostly higher. Sheep receipts near four thousand with lambs and yearlings varying by several cents.
St Louis market figures show hogs receipts $500 higher with mixed and butchers at $9.75 to $10.00. cattle receipts 5000 head steady with native beef steers $7.50 to $11.35 and cows $5.50 to $8.50. sheep receipts 4500 head steady with wethers $6.00 to $8.00 and lambs $6.00 to $11.35.
Hogs receipts 83 000 head strong with mixed ranges from 9 30 to 10 05 including heavies and pigs. Cattle receipts 15 000 head firm native beef 7 60 to 11 40 western steers 8 20 to 9 40 stockers and feeders 5 75 to 8 75 cows and heifers 3 75 to 9 75 calves 8 50 to 12 90. Sheep receipts 16 000 head weak western 7 00 to 5 00 lambs 7 50 to 9 90 springs 5 00 to 11 65.
Kansas City market notes show hog receipts about 11 000 head with prices from 9.60 to 9.85 for bulk to night bids. Cattle receipts 11 000 head steady with prime fed steers at 10.25 to 10.75, dressed beef steers 8.00 to 10.00, cows 5.00 to 7.00, calves and stockers in the 6.75 to 9.00 range. Sheep receipts 12 004 steady with lambs around 7.40, yearlings 7.00, wethers 6.25 to 7.50, ewes 6.00 to 8.00.
A Sunday fire in Seguin damaged the Seguin Milling and Power Company corn shelter town office and warehouse for several thousand dollars. The Seguin Wholesale Grocery Company also suffered about 1500 dollars in losses. Origin of the blaze remains unknown though it is traced to the milling company's corn shelter.
Commissioner Fred W. Davis asked Texas railroads to provide free transportation for about 4000 delegates attending the State Farmers Institute in Austin from July 17 to 19. The announcement came as part of the preparations for the annual gathering.
Commissioner of Insurance and Banking Patterson issued a call for a quarterly conference of the state bank examiners to be held in Austin July 3 5. Eighteen examiners are expected to attend.
At a Texas tax board hearing in Austin on June 26, railroads including Texas & Pacific, International & Great Northern, Katy, San Antonio & Aransas Pass, Santa Fe and smaller lines like Texas Midland, Missouri, Oklahoma & Gulf, and Groveton Lufkin & Northern argued the valuation of their intangible assets is too high. Final valuations will be announced after several days.
A regional portrait traces Bud Bowers leaving a remote Missouri hills community. His hunter father argues against departure, contrasting their past poverty with the elder man's boast of wealth after moving from Kentucky. The piece frames a rural ascent from nothing to nine dogs as emblematic of opportunity.
Otto Kahn cites a Hoboken pier sighting of a cargo of wooden legs bound for Europe as a blunt antiwar reminder. The anecdote contrasts with diver's spectacles and pneumatic rings developed in Europe for underwater sight, reflecting wartime hardship.
Heavy selling hits Mexican issues and Reading as the market ends weak. Corn Products dissolutions ordered by Federal Court trigger broad declines with fractional gains in Tennessee copper and industrial alcohol amid war shares weakness. Bethlehem Steel, munitions, and petroleum stocks slide to new lows in final hour.
The belt remains unsettled with temperatures above normal. Rainfall exceeds one inch in multiple districts including Charleston Wilmington Savannah and Oklahoma. Allen Buell Meteorologist Weather Bureau reports conditions as of the last 24 hours.
Weather bulletin notes wind velocities under ten miles per hour and precipitation under .01 inch are not published. Allen Buell, meteorologist confirms the official brief.
Wholesale prices to retailers list Texas and California produce including potatoes onions celery peppers sweet peppers beets beans squash carrots turnips lettuce cantaloupes watermelons corn cucumbers apples bananas oranges lemons limes peaches plums kraut dried fruits and canned goods. Also notes canned meats fish flour bran meal seeds alfalfa and cane seed with sorghum corn nuts and hides. Oklahoma National Guard mobilized at Fort Sill. a humorous courtroom exchange ends with a joke about a dress.
Senator Sheppard failed to attach the Fort Sam Houston enlargement to the sundry civil bill in the Senate. With the deadline June 30 for this fiscal year, he will push the matter through the military affairs committee aided by an army officer detailed by General Scott to stress immediate need.
Washington June 26 Senator Hitchcock said the secretary of war informed him there is no present intention to call for volunteers or additional National Guard during consideration of a House resolution. He attacked the Senate committee for removing the relief provision for the guardsmen's dependent families.
An armored military vehicle hit a cow on the South Loop and killed it, then jammed a small auto against Market Street curbing near Main Plaza. A jackscrew was used to lift the trapped car so the armored car could continue.
Eighteen prisoners at Tucker state farm for white convicts in Little Rock escaped around midnight led by Yates Standridge. They overpowered two guards, forced the guards to surrender revolvers, and opened a case containing twelve rifles and twelve revolvers.
Firestone Tire & Rubber Company states entering army service employees will be kept employed with scale based on tenure. Three years’ service earns full wages minus government pay, one to three years yields two thirds, six months to one year gets half. Positions restored after honorable discharge. Announcement relayed to R. E. Merritt, San Antonio office manager.
A short fragment shows George keeping watch from a fence while Henry asks to swim at a creek, with George claiming he is minding hidden aunts’ children. The text then shifts to mentions of a Massachusetts inventor and a Missouri inventor offering a tool and a puller designed for difficult reach and stump handling.
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