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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Mar 06, 1916
Page
9
Attractive five room bungalow with sleeping porch on a corner lot. Includes living room 14 by 28 feet with hardwood floors and a handsome brick mantel, plus many special interior finish features.
Pope Benedict appeals for peace in a Lenten letter urging belligerents to declare aims, sacrifice pride, and renounce plans of mutual destruction. He reiterates a proposal for a just lasting peace acceptable to all, and calls prayers and penance for relief of children harmed by the war.
Monsignor Benigni, under secretary of state in the Vatican, writes in Nuova Antologia on the Holy See's role at the peace conference ending the war. He argues major religious heads will be represented, citing England Russia Prussia Turkey and Japan as examples of established or dominant churches in their realms.
In Monday trading cotton prices rise with a 75 cent gain per bale. Market notes show a steady advance as buyers seek fiber amid steady demand.
The quotes show middling cotton prices in San Antonio and New Orleans with delivery at market. San Antonio lists prices around 11.30 with sales near 1,425 units. New Orleans reports 11.88 with 2,510 units traded and broader totals reaching 7,036.
International politics improve market outlook and prices rise about 75 cents per bale at spec centers. San Antonio middling at 11.30. Texas quotas up about 50 cents from Saturday. Reports say mills abroad show inquiry, with Liverpool seeking Texas cotton this week while local funds remain ample for old crop movement.
The New York cotton market opened with small advances and saw active months rise eight to twelve points before retreating. May hovered near 11.66 to 11.75, July around 11.86, while spot demand from local and southwestern trade firms supported early gains amid mixed Southern selling and shifting freight outlooks.
New York reports steady opening for cotton futures with March at 11.80, May 11.62, July 11.86, October 12.02, December 12.18. Futures later close 15 to 16 points higher, showing intraday moves and fluctuating highs and lows across contracts.
A tentative update reports Liverpool poised to open Tuesday with a 6 point gain from 54 percent. The 11 o'clock call notes New York as the next update source.
Cotton in New Orleans showed strength with May opening three points lower, then advancing. Prices firmed through the morning, aided by a large daily sale of 9410 bales and a midday gain of 12 to 14 points, despite earlier losses from weaker cables.
In New Orleans on March 6, cotton futures display opening bids for May at 11.39, July 11.45, October 11.81, December 11.95, and January 12.05. The session ends 15 points higher with varied intraday highs and lows noted, including May reaching around 33.81 and July around 24.87 for related prices.
Spot cotton held steady with good middling at 8.994 cents per pound and middling and low grades down to 7.824 and 7.524 cents. Sales reached 7000 bales with 700 destined for export and speculation. receipts totaled 15,000 bales.
Seed jobbers report heavy demand for onion sets and seed potatoes amid dry planting conditions. No price changes since last week. Larger onion acreage expected in South Texas, while northern onion stocks are tight. Eggs remain in strong demand with no surplus on Monday. California potatoes and Pacific coast shipments move into the San Antonio market. Green beans sell well at 3 dollars per hamper. vegetable dealers offer no notable price changes.
Markets report prices for Monday deliveries in San Antonio with Eyes steady. Texas country candled 15 16c and 16¢. Butter firm at 31 33c per pound. Creamery 18 20c. Packing stock 12 15c per pound. Poultry firm with hens 5.00 6.00 per dozen friers 4.50 5.50 broilers 2.00 3.50. Turkeys 15 16c per pound ducks 4.50 5.50 per dozen geese 7.00 10.00 per dozen.
Quotations show butter steady at 26 percent creamery and 35 cents, eggs lower with 16 322 cases received, ordinary firsts 17 to 18 1/8 cents per case, potatoes unsettled with 45 car receipts from Wisconsin Michigan and Dakota, poultry alive higher with fowls 17 cents and springs 18 1/8 cents.
Quotations today show creamery 33 cents, firsts 31 cents, second 29 cents, packing 20 cents. Eggs firsts 19 cents, poultry hens 11.5 cents, turkeys 20 cents, springs 18 cents.
Austin banks reported a total of 7,038,890 in clearances for the past week, up from 5,078,448 in the same week last year, marking an increase of nearly two million dollars. The figures come from the Clearing House Association.
Liverpool reports cotton futures for March through April to March next year with prices in pence per pound for each successive contract. The data lists March-April 7.59d down to March-April 7.274 with several months apart.
The Shreveport district reports an average crude oil output of 37 870 barrels daily for the week ending February 4, marking a notable rise. A 20 000 000 foot gas well was completed Friday just south of Shreveport, the third of this capacity in the area, with multiple new locations extending the oil and gas fields southward.
The New York stock exchange began the week with firmer prices and moderate trading. Gains centered on specialties and top war issues while General Motors and Willys-Overland climbed ten to twelve points. Steel and other war plays rose late, ending with a strong close.
New York on March 6 reports mercantile paper at 3.3 percent and Sterling exchange with sixty day bills at 4.71 percent, demand 4.76 percent, and cables 4.76 percent. Guilder demand 4.214, cables 4.3 percent. Rubles demand 2.32, cables 3.2 percent. Bar silver 6.56, Mexican dollars 4.3 percent. Government bonds steady and railroad bonds steady.
Trading in Mexican money in San Antonio Monday showed bids for silver pesos at 41 and half-peso notes at 18. Bank notes from state and national banks along with Bank of London and Mexico Carranza money also noted in the market.
Time loans hold steady with sixty and ninety day terms at 2 to 3 percent and six months at 3 8 percent. Call money firm with high and low at 2 percent and ruling rate at 2 percent. Last loan and closing bid at 2 percent, offered at 2 percent.
In New York on March 6 the market showed No 17 Rio coffee at 9% cents with a steady tone. May futures quoted at 7.86 and December contracts noted accordingly amid light activity.
New York reports assorted sugar quotes on March 6 with raw centrifugal at 5.27 dollars per hundredweight and molasses sugar at 4.04. Refined sugar prices include cut loaf 7.50, crushed 7.35, mouia A 6.85, cubes 4.65, powdered 4.65, XXXX powdered 4.59, fine granulated 6.56, diamond A 6.35, confectioners A 6.25, No 1 6.20.
Cotton seed oil closed in New York with spot at 10.34 and March at 19.35. Futures for April May June July August September and October traded with varying bids and asks. Total sales reached 25 400 contracts.
Union Stock Yards reports hogs bringing eight dollars per hundred pounds in San Antonio marking the first time in eighteen months. Demand for porkers was very strong and sales cleared quickly with some shipments onward to Fort Worth. Steers sold from 5.50 to 6.55, cows 5.50 to 6, calves 6.09 to 7.25, reflecting the best livestock prices in over a year.
Fort Worth stock market notes show cattle receipts about 2000 with steady tone and prices from 6.60 to 8.00 for beeves and 3.25 to 7.50 for cows and heifers. Hogs receipts around 6000 with higher prices. bulk 8.65 to 8.90 and various grades listed. Sheep receipts 1100 active and steady. lambs 8.50 to 10.75, yearlings 7.60 to 8.75, wethers 7.50 to 7.75, ewes and culls around 5.00 to 5.50. goats noted at 3.59.
Chicago market firm to weak with hogs and sheep showing narrow ranges. Hogs bids ranged from 8.65 to 9.20 for various weights, cattle receipts about 6,000 with steers and cows priced between 3.50 and 8.50, calves 8.50 to 11.50, and sheep listed at 7.90 to 8.60 with lambs 9.25 to 11.36.
Receipts and prices for hogs cattle and sheep reported in Kansas City. Hogs: receipts 8000, market steady. bulk 8.75 to 9.05, lightweight 8.65 to 8.95, pigs 7.50 to 8.50. Cattle: receipts 10,000, market strong to higher. prime fed steers 8.85 to 9.50, dressed beef steers 7.75 to 8.75, southern steers 6.50 to 8.25, cows 5.00 to 7.50, heifers 7.00 to 9.00, stockers 6.25 to 8.60. Sheep: receipts 13,000, market steady. lambs 10.50 to 11.15, yearlings 9.25 to 9.?0, wethers 7.75 to 8.40, ewes 7.25 to 8.00.
Receipts total 14 500 hogs and 4 200 cattle with a steady market. Pigs and lights range 6 50 to 9 15 per cwt while mixed and butchers run 8 95 to 9 25 and good heavy 9 15. Native beef steers bring 7 50 to 9 50 and cows 5 00 to 7 75. Texas Oklahoma cattle 5 25 to 8 00 with calves 6 00 to 11 00. Sheep receipts 4 500 with steady values. yearling wethers 8 90 to 11 90, lambs 9 80 to 11 40, ewes 6 50 to 8 10.
Cattle number about 1200 sold with a strong active demand. Hog offerings reached 2400 head with prices steady up to a top of 8.90. The sales list includes J H Keely of Arcada Oklahoma with bo steers and other lots, showing an average weight around 1086 pounds and a price near 7.25.
Bearish U S farm reserve estimates weighed on wheat while crop damage reports from soft winter states and replanting to oats supported a rally. May and July futures moved between losses and gains before closing strong though not higher, with corn and oats rising on weather and firming demand. Provisions gained slight support as trade remained light and uninterested in heavy selling.
Grain buyers in San Antonio paid varyingly for wheat corn and oats with Texas and northern grade differences. Wheat sold at 1.30 dollars per bushel Texas and 1.31 in the north. Corn priced 76 cents for Texas No 8 and 76 cents for northern mixed with 80 cents for northern white per bushel. Oats quoted 0. Sic per bushel in bulk for Texas red and 0.50 to 0.67 for sacks or bulk northern white. Oklahoma prices align with Texas grades.
The notice lists daily prices for meat products with Monday follow. Dry salt extras 13 Gall, bacon extras 1 lic, dry salt bellies 14 16 pound average 16 cents, fancy breakfast bacon 26 cents, fancy hams 19 cents, bacon bellies 14 16 pound average 17 cents, pure lard 11 cents compound.
Quotations from Chicago on March 6 show No 2 red wheat at 1.144 to 1.144 dollars, No 2 yellow corn around 74 1/2 cents, oats at 42 to 43 60 cents, and barley between 60 and 71 cents.
Quotations today show wheat No 2 red at 1.21, No 2 hard 1.14. Corn No 2 78 cents, No 3 white 73 cents. Dates No 2 41 1/2 cents, No 2 white nominal.
Kansas City market notes show wheat at No 2 hard 1.05 to 1.10 dollars, No 2 red 1.05 to 1.19, corn No 2 mixed 67 to 68 cents, No 2 white 68 cents, oats No 2 white 44 to 45 cents, No 2 mixed 40 to 42 cents.
Kansas City reports grain futures closing on March 6 as Wheat May at 1.07, Wheat July at 1.06. Corn May at 70 1/2 and Corn July at 72 1/2.
Metal markets report shows lead at 6.59 with copper steady and electrolytic copper quoted near 28.00 to 28.50 for near term and 27.00 to 27.50 for later dates. Iron prices listed for No. 1 northern and southern grades around 20.75 29.50 and 20.00 29.50, tin remains strong with spot bids at 48.50.
London reports on March 6 showing lead at 31 pounds sterling lis and 110 pounds for spelter, spot copper at 101 pounds, futures at 9 pounds, electrolytic 136 pounds, spotted tin at 187 pounds, and futures at 187 pounds.
Galveston March 6 report lists arrivals and departures: El Sol from New York and Helmer Morch from Stockholm bound for Naples. Eidsvold from Norway. Barrios. sailing: El Norte and El Sud from New York. schooner Ella M. Willey from Cardenas.
A weather bulletin from the U S Department of Agriculture is paired with a brief, tongue in cheek exchange about marriage compatibility and money. The juxtaposition hints at contrasting topics in a single page snippet.
New York reports a surge in steel commerce with rail tonnage at 206000 and tie plate sales at 1500000. Orders for 4750 cars and 1138 locomotives plus 49000 tons of shapes fill fabricators. Shipyards see high inquiries and a need to move vessels under contract, while manure shapes and plates for twenty boats set for Q2 1917 delivery. Wire and steel products lift prices by 2 to 4 dollars per ton.
Pittsburgh March 6 purchasing agencies raised Pennsylvania crude ten cents to 2.50 a barrel and lifted Cabell to 2.02, Mercer Black Corning Newcastle to 2. Somerset to 1.85 and Ragland to 0.85. Refiners expect more crude entering markets to ease producers inventories though gasoline values likely unchanged.
In Washington on March 6 officials from the Interstate Commerce Commission and railroads met with shippers to discuss congested freight terminals at trunk line lines feeding New York and other Atlantic ports. They plan two days of talks to seek solutions, noting ICC cannot impose embargoes but may consider faster unloading rules to relieve car shortages and eastbound shipments.
Olney Arnold, American diplomatic agent and consul-general at Cairo, died in a Lisbon hospital. He was 54, had recently been granted leave, and was en route to the United States. A Rhode Island native and former legislator, he had served in government since 1913 amid earlier investigation into conduct and unneutral utterances.
Silva Heimann, longtime Edgewood Distilling figure, resigns as president after 34 years with ill health. He remains general manager of the South and West division based in San Antonio. George P. Diehl and Ernest G. Diehl acquire a majority of Edgewood stock. Edward Meyer stays as secretary.
Relatives in Los Angeles report telegrams to Secretary of State Lansing urging action to prevent the execution of Dr. James A. Rene of Superior Wisconsin at Mazatlan Mexico. Adelaide Rene his daughter asked Dr Adams to seek a presidential appeal. Mrs Rene and son Carroll 12 are with him. radio attempts for contact have failed.
General Alvaro Obregon, chief of the de facto Mexican government forces, left Eagle Pass with his bride en route to Aguas Calientes to confer with General Carranza. He met General Gavira in Juarez to discuss Chihuahua operations and the pursuit of Francisco Villa, and predicted Villa would cross the border soon. Obregon dismissed the Diaz movement as a pantomime and saw Guatemala’s Cabrera’s aid as unconfirmed.
The fourth annual American Women's Exposition opens in Cleveland with formal ceremonies tonight led by Mrs. Wilson wife of the president. The event highlights better baby week suffrage and flag day with about 200 exhibits showing diverse feminine activities and a value near 1000.
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