Shorts Figure as Buyers in Early Cotton Market
Short interest dominates the early cotton market as buyers push prices up while demand remains fair. Traders monitor futures activity and spot prices with cautious optimism as the market opens.
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 67 articles. Subscribers can read the full text of each article.
Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Mar 04, 1916
Page
7
Short interest dominates the early cotton market as buyers push prices up while demand remains fair. Traders monitor futures activity and spot prices with cautious optimism as the market opens.
In New York on March 4 the cotton market opened unchanged to a slight decline of five points, with old crop months easing after Liverpool's softer ruling. Prices firmed modestly on covering and near month buying, May at 11.64 cents and July at 11.84 cents, closing very steady within a point or two of the best, up 6 to 7 points.
New Orleans cotton market shows a small advance as shorts absorb and demand strengthens. Opening bids align around March 11.27 and July 11.53 with gains of 12 to 16 points by session end amid firmer spot prices and higher near-term quotes.
Liverpool notes on March 4 show spot cotton easier with good middling at 10.4d and low middling at 7.49d. Sales reached 6,000 bales with 500 for speculation and export. Receipts stood at 13,060 bales.
The bulletin shows futures rate quotes across multiple monthly pairings from March through February. Notable figures include March at 7.62 percent, April May at 7.60 percent, and September October at 7.38 percent, with several other successive month pairings ranging around 7.3 to 7.5 percent.
New York reports a firm cotton seed oil market with spot bid 3106.00 and March to October futures quoted. March 10.04 10.06, April 10.05 10.10, May 10.05 10.07, June 10.04 10.08, July 10.00 10.01, August 10.03 10.04, September 9.97 9.99, October 9.09 9.11. Total sales amounted to 700 dollars.
A sequence of brief notices records arrivals and registrations from a list of guests and travelers. Names include R. H. Anderson Grand Rapids. Miss Isabel Glecker Yorktown. A. Watson New York. Al Herman St Louis. L. G. Woodson Dallas. F. J. Dodge Houston. Frank E Gannon New York. John T. Duncan La Grange. Mrs Frank Lanning and Mr Alice Palmer New York. Neal W. Keefer Oneida. R. H. Blake New York. Robert A. Fitz Los Angeles. T. B. Elias Dallas. Theo Levy New York. H. C. Watts Chicago. R. T. Wood Dallas. Cecil Bonnell New York.
In Tulsa Oklahoma the price of Oklahoma and Kansas crude oil rose to 1.40 per barrel setting a new high. Prairie Oil and Gas Company announced the ten cent increase. Buyers are reported paying premiums between twenty five and forty cents above the posted price.
Pittsburg reports show refiners quoting premiums over the $2.40 Pennsylvania crude price as Tulsa and mid continent trends suggest higher values. West Virginia producers say premiums rose to fifteen cents, with over a million barrels held awaiting stronger prices and a likely advance.
Produce buyers paid varied prices in San Antonio on Saturday with butter at 31 to 33 cents per pound from Texas creamery and packing stock at 13 to 15 cents. Poultry prices ranged with hens 5 to 6 dollars per dozen friers 4 1/2 to 5 1/2 dollars per dozen broilers 2 to 3 1/2 dollars per dozen. Turkey prices 15 to 16 cents per pound ducks 4 1/2 to 5 1/2 per dozen geese 7 to 10 dollars per dozen.
Kansas City market today lists butter prices at 32 cents for creamery firsts and 28.5 cents for seconds with packing at 19 cents. Eggs top at 22 cents for firsts and 20 cents for seconds. Poultry fairs show hens at 18 cents, turkeys at 20 cents, and springs at 18 cents.
Quotations for butter rose to 26 34%c per pound while eggs dropped. receipts totaled 11,901 cases with firsts at 20%c and ordinary firsts at 11%c. Potatoes arrived as 23 cars with white varieties from Michigan Wisconsin Minnesota and Dakota trading at 88 to 94c, Ohios at 85 to 90c. Poultry prices advanced with alive fowls at 16 percent and springs at 17 percent.
New York stock era notes show cotton goods quiet with prices steady as of March 4. Wool markets remained firm and ready to wear demand stayed strong, signaling continued consumer activity.
The Mir-a-co Company of Houston, capital stock 30000, incorp Thomas Flaxman F A Isleitman J B Rice W M Rice Dan Hagerty. Melton Dry Goods Company of Ballinger, 25000, incorp J Y Pearce D M Baker C A Doose. Matthews Bros. Company of McKinney, 25000, incorp W H Matthews P C Matthews H H Bags. Dow Coal and Coke Company of Dallas, 12000, incorp W E Beaty Bryan T Barry L E Burgess. Frawley Motor Company of Dallas, 10000, incorp J W Frawley Jr George T Burgess Earl M Stapleton L S Skelton. Texas Construction Company of Dallas, 5000, incorp W H Painter C L Cox W L McElvaney. Amendments Floyd Oil Company of Floyd, from 60000 to 30500. Proof of final payment Rex Oil and Gas Company of Wichita Falls and Kaplan Dry Goods Company of Brownsville. Dissolutions: Home Oil Company of Taylor Hines Worden Lumber Company of Cenutillo El Campo Farmers Elevator Company of El Campo Fortuna Oil Company of Taylor.
In AUeTIN Texas on March 4 pensioners failed to provide address details to the comptroller's department. About 2000 warrants are held up due to blank pension affidavits. Previously 17,000 warrants were mailed out and await updated addresses.
Congressman Robert L. Henry of Waco, seeking the U S Senate seat to succeed Senator Culberson, visited Austin today. He conferred with Governor Ferguson and met with the state executive.
Chicago grain market ends the week with wheat futures down as trade dampened by anticipated ample U S wheat in producers hands and slow export demand. Corn eases on favorable weather and mixed demand while oats lack support and hog prices bolster provisions mildly.
San Antonio grain buyers paid varying rates for wheat corn and oats. Wheat Texas 1.30 per bushel northern 1.31. Corn Texas No.3 0.75 northern No.2 mixed 0.76 northern white 0.80. Oats Texas red 0.60? per bushel bulk. Bic 0.50 sacks. northern white 0.65 bulk 0.67 sacks. Oklahoma prices align with Texas grades.
Saturday quotations listed for dry salt extras at 18 4c and 16c for bellies 14 16 pounds. fancy breakfast bacon at 26c and fancy hams at 19c. bacon bellies 14 16-pound average at 17c. pure lard 11 ¾c and compound licensed.
Wheat No 2 red and No 2 hard quoted around 1.14 percent. Corn No 2 yellow nominal. Oats standard nominal. Barley 61 68 cents.
Kansas City market quotes list prices for Wheat No 2 hard and red at about 1.05 1.10 per bushel, Corn No 2 mixed and white around 66 to 68 cents, and Oats No 2 white and mixed roughly 40 to 45 cents per bushel.
Kansas City grain closes show Wheat at Mary 1.04 percent and July 1.03 percent. Corn gains appear May at 68 and July at 70, while Oats May reach 41.
St Louis market quotations show wheat No 2 red at 1.18 to 1.20, No 2 hard nominal. Corn No 2 at 73.8 to 74 cents, No 2 white at 73 to 74 cents. Oats No 2 at 41 cents, No 2 white nominal.
The ICC approved higher freight rates on newsprint paper from New England and northern New York to western points beyond Pittsburgh and Buffalo and east of the Mississippi. A rate of twenty cents per two hundred pounds was ruled reasonable.
Washington officials report strong progress in tick eradication efforts. Secretary Houston advocates continued funding, with cooperation from states. Texas and South Carolina show growing backing, aiming to end cattle tick within six to seven years.
First Lieutenant Joseph C. King of the Seventh Cavalry is detained as professor of military science at the University of Missouri in Columbia. First Lieutenant Robert W. Adams of the Seventh Infantry is dropped from the rolls for three months absence without leave. Major Benjamin J. Edgar Jr. of the Medical Corps is appointed to the examining board at Fort Shafter Hawaii on November 27, 1915, replacing Major Van Poole.
Hogs received 800 head with higher market. bulk 8.89 to 9.90, heavy 8.95 to 9.19, sows and pigs listed. Cattle receipts 200 head. prime fed steers 8.75 to 9.40, dressed beef steers 7.75 to 8.65, cows 5.00 to 7.50, heifers 6.75 to 9.00. Sheep receipts 600 head. lambs 19.60 to 11.19, yearlings 9.25 to 10.00, wethers 7.75 to 8.40, ewes 7.25 to 8.00.
New Orleans rice market reports overall strength across grades with clean grade Japan steady. Receipts list rough 5322, milers 5322, clean 3698 while sales show 530 pockets clean Honduras at 2 1%ec and 406 pockets Japan at 3%c. Polished tonnage valued at 24 26 and bran at 15 16 with quotations unchanged.
A brief note from York on March 4 records coffee price data with No. 7 grade at 0 e. one easy, May at 7.85, and December also noted. The fragment provides limited market detail and no clear trend or additional names.
Cattle receipts 350 steady prices range beeves 6.50 to 8.00 stockers 6.00 to 7.25 cows 3.00 to 6.50 heifers 4.50 to 7.75 calves 4.00 to 8.00. Hogs receipts 1200 up 5 to 10 cents bulk 8.40 to 8.60 heavy 8.80 to 8.85 mixed 8.60 to 8.70 light 8.50 to 8.80 pigs 4.80 to 6.50. Sheep receipts 1000 unchanged lambs 8.50 to 16.59 yearlings 7.50 to .50 wethers 7.50 to 9.75 ewes 7.00 to 7.50 goats 3.00 to 5.00.
In St. Louis on March 4 receipts were hogs 5000 with higher prices. Pigs and lights traded 6.50 to 9.15, mixed and butchers 8.95 to 9.25, good heavy 9.10 to 9.25. Cattle receipts 350 with steady values. native beef steers 7.50 to 9.50, yearling steers and heifers 8.50 to 9.50, cows 5.00 to 7.28, stockers and feeders 5.50 to 7.75, Texas Indian steers 5.25 to 8.00, cows and heifers 4.00 to 6.00, native calves 6.00 to 11.0. Sheep receipts none. yearling wethers 8.90 to 10.00, lambs 9.00 to 11.40, ewes 6.50 to 8.10.
Chicago March 4 receipts and quotations for hogs cattle and sheep. Hogs bulk price range 8.95 to 9.10 with various weights. Cattle receipts 200 head with values from 2.45 to 9.70 for different classes. Sheep receipts 1000 head with wethers at 8.20 to 8.80 and lambs 9.60 to 11.40.
Kansas City market report shows butter prices with creamery at 33c for firsts 32c seconds 29c and packing 20 as eggs list firsts at 18c and no quote for seconds poultry offers hens at 15c and turkeys at 20c with no further details.
New York trading opened with losses and light volume, then drifted to a sagging tendency as late declines hit major issues. Gains appeared in petroleum, copper, American Car, Industrial Alcohol, United Fruit, and several tobaccos, while rails eased. bonds remained steady and the session closed irregularly.
The statement shows New York clearing house banks and trust companies hold a reserve of 137,020,444 dollars above legal requirements, an increase of 2,621,650 dollars from the prior week.
New York March 4 Mercantile paper 3 3% percent. Sterling 60 day bills 4.71 percent demand 4.76716 cables 4.77 Guilders demand 42 percent cables 42. Bar silver 56 and a half cents per ounce Mexican dollars 4.5 percent. Government bonds steady railroad bonds steady.
The copper market was quiet in New York today with prices firm. Quotation ranges were $28 to $28.60 for nearby delivery and $27 to $27.50 for June and later delivery. Iron prices remained unchanged.
London reports bar silver at 274 per ounce with money 4.4 percent discount on short bills and three months 5 percent.
Arrived is the Steamer Topila from Tampico and the Steamer San Jacinto sails to New York.
Weather bulletin from the CU and Department of Agriculture reports observations taken at 7 a m on Saturday March 4 1916. The brief notes provide meteorological readings for the date at that location.
Brigadier J. C. Smith of Dallas who heads Salvation Army work in Texas Oklahoma and Louisiana will speak at the Salvation Army hall on 716 East Houston Street at 8 15 Saturday evening. Holy meetings are set for 11 a m and 8 15 p m Sunday with an invitation extended to the public.
An advertisement from Reinhard & Co. coffee roasters touts Red Swan Coffee with a guarantee of quality.
Public notice for Active Auto Livery Cr. 999 announcing new rates of two dollars per hour for service and inviting inquiries at the depot.
W Johnson, longtime clerk at the Gunter Hotel, leaves for Massachusetts this weekend to be with his seriously ill father. He may not return to San Antonio, planning a move back to California. W R Hyslop resumes duties as hotel clerk.
Overland Auto Livery at 216 Soledad Street lists charges Cr. 5100 and 4100 with a new price of 900 dollars. Rates shown include 1.50 for a basic service and 32 per hour for additional work.
OConnell Loan Co located at 112 East Houston Street advertises loans on diamonds watches and jewelry offering quick cash against valuables.
The Laundry Drivers' Benefit Association of San Antonio formed at a Friday meeting on West Houston Street. W. R. Long was elected president, E. J. Evans vice president, W. F E. Masch secretary, Ernest Goldbeck treasurer, and A Ek. Smith sergeant at arms. The group aims to aid sick members and improve drivers' welfare.
Co W Davis sells Elgin and Waltham watches and MKMasy payments noted. Cr 3978 (Adg.)
Prof Sureddin advertises Medico Osteopathic Electric and Swedish massage and adjustment services at 316 17 Hicks Building Ady offering therapeutic body work and spinal alignment.
Cozy Corner Saloon offers drinks and chicken dinners with avr sandwiches opposite Hot Wells. Contact Cr. 3242. Address listed as Aavy.
Direct purchase offer for 1917 calendars with over 600 samples. Office selection grants 10 percent discount and free delivery from Dulling Printing Co at 131 Losoya Street.
Exhibition drill and dance by the San Antonio Camp 529 planned for Saturday at W. O. O. Hall on March 4. Admission is 25 cents in advance.
Classified ad announces colored helpers in Cr. 1804 with phone contact 101 for inquiries. Advertisement appears in a local newspaper classified section.
W G Schuwirth & Co at 231 South Commerce Street offers sewer connections and cleaning services. Phone Crockett 641.
Mrs Turner of 204 Garden Street reported a valuable watch fob found on a downtown sidewalk in the forenoon. The item is a black silk ribbon fob with a solid gold pendant and was turned in at the city detective bureau Saturday.
Local dealer announces purchase and trade of old gold silver diamonds and coins at Alamo Jewelry Co located at 315 Alamo Plaza inviting customers to value their valuables for cash or trade.
Classified note lists Hudson Super Six available from Richey Auto Livery at Cr. 8, with a rate of 2.50 per hour.
A compact travel ad offers a Sunday excursion to Medina Dam by touring car at $2.50 round trip. For information contact Cr. or New 999. (Adv.)
Men and women are invited to eat at the Y W C A Cafeteria corner Crockett and Losoya Streets with moderate prices. Table service is free.
The Vi neta Sister lodge No 15 presents a prize mask ball at Herman Sons Hall tonight with admission details in the advertisement.
Thirty two Rhode Island hens were stolen from A. McHard near Elmendorf on Friday night. He reported to police the thief fled in a wagon headed for San Antonio. No trace was found by Saturday noon. G. W. Maltsberger.
A: A youth at 1235 North Flores Street reported twelve mixed heng stolen from his home Friday night. The eighteen year old white boy was arrested by Officer Diggs at 11 o'clock Friday night as he leaped from a box car in the G H and 8 A railway yards. He was found armed with a loaded heavy caliber pistol and booked at police headquarters on unlawful carrying firearms awaiting transfer to county authorities.
Officer J. Morgan brought a prisoner arrested on embezzlement from El Paso to San Antonio Friday night. The suspect was held in the city jail overnight before Morgan and the prisoner departed Saturday morning for Waco.
The Garden of Allah plays at the Grand cinema tonight along with a Bey Bee feature. The Majestic presents vaudeville featuring Lew Dockstader and six other acts. Queen offers motion pictures in a feature program.
The Queen Theater presents a Saturday program with a Universal three part production A Recalling Vengeance starring Madame Rosita Marstini and Billie Schade. Charlie Chaplin performs Making the Rounds. Anna Little stars in The Cactus Blossom a Western drama two reels with Frank Burgage.
The dramatic adaptation of Robert Hichens novel The Garden of Allah returns to the Grand Opera House for tonight and Sunday. Mary Anderson de Navarro aided in the stage version, and audiences praise the mystical desert atmosphere and solemn pacing of the production.
Special train to Houston at 11 00 p m March 20 offered by Southern Pacific for the Cattlemen’s Convention. Fare listed as 7 55 for the round trip. AdVERTISEMENT notice in the railroad timetable style.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.