Showers in Texas Prompt Cotton Market Drop
Texas rainfall pressures cotton prices as growers adjust selling pace. Traders report a downward tilt in prices and buyers showing caution amid uncertain harvest prospects and regional weather impacts.
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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Mar 23, 1916
Page
11
Cotton Prices Dip in Texas Market Outlook Worsens
The article reports cotton prices easing 50 points with Texas drought improving hopes and a stronger crop outlook. San Antonio spot falls to 11.65 middling with limited sales, while district notes mention light rain in the Panhandle and no rainfall enough to alter projections. Legislation to fund US cotton production study seeks closer farmer buyer links, backed by Texas warehouse officials. Prices at local compresses show middling around 11.85 to 12.00 in Dallas and New Orleans positions, with Liverpool quoted at 12.00 for export.
MENTIONED IN THIS ARTICLE
San Antonio
Galveston
New Orleans
Liverpool
Cotton Exchange
Texas
Bears
Oklahoma
Weather Bureau
Texas Panhandle
Dallas
Owever
Washington
Culberson
Buchanan
Department of Agriculture
Wareouse Commission of
New York Cotton Market Sees Scattered Selling on Rain Outlook
Reports of rain in the southwest sparked scattered New York cotton selling with July near 12.03 and October at 12.12 at the open, sliding several points below last night’s close. Traders eyed drought relief versus potential increases in acreage, while late-day trading showed modest gains from intraday lows as rains and market factors influenced demand and prices.
MENTIONED IN THIS ARTICLE
New York
Southwest
Texas
Rivate Cables
Liverpool
Ight
Cotton futures edge lower amid mixed trading
New York cotton markets opened weak with May at 11.94 and December at 12.30 as futures closed 6 to 8 points lower. Prices showed narrow ranges across July, October and January contracts with unsettled intraday moves and an 11 o'clock Liverpool call indicating softer sentiment.
New Orleans Cotton Dips on Rain Fears and Mexico Tension
In New Orleans on March 28 showers in Texas and rain prospects across the cotton belt weighed on sentiment. Traders cited weak spot demand and Mexican uncertainty as prices slid in early trading. Fresh buying offered partial relief but noon quotes showed a net drop of 11 to 12 points from the prior level.
MENTIONED IN THIS ARTICLE
New Orleans
Texas
Cotton futures open steady as market trends lower
New Orleans futures opened steady with May at 11.75, July 11.91, October 11.88, December 12.00, January 12.08. Prices closed 8 to 11 points lower amid a softer session with the day’s high and low indicated as 11.96 and 11.87 respectively.
MENTIONED IN THIS ARTICLE
New Orleans
Ocber
Markets San Antonio Produce Prices Listed
Buyers paid various prices for eatery produce delivered in San Antonio on Thursday. Eggs steady. Butter firm with Texas creamery at 31 to 33 cents per pound. Country 18 to 20 cents. Packing stock 17 to 18 cents. Poultry firm with hens at 5 dollars per dozen, broilers 3.50 to 4.60, turkeys 17 to 18 cents per pound, ducks 4.50 to 5.50 per dozen, geese 7 to 20 dollars per dozen.
MENTIONED IN THIS ARTICLE
San Antonio
Texas
Texas Creamery
Spices and commodities rise in San Antonio market
Spices show higher prices with black pepper up six cents per pound and nutmegs about ten cents higher. Oranges from Florida and California shipments ease quotes while poultry prices hold steady. Lard advances to 12 cents per pound as cotton seed markets drive buoyant price trends. local grain prices unchanged.
MENTIONED IN THIS ARTICLE
San Antonio
Wholesale market prices for fresh vegetables and fruits
Wholesale markets list extensive prices for potatoes onions cabbage peppers and other produce by hundredweight crate or box across Texas California Colorado Florida and Louisiana. Included are fruits like apples bananas oranges lemons grapes and cranberries with varied grades and seasonal notes.
MENTIONED IN THIS ARTICLE
Colorado
California
Fassek
Florida
Texas
Louisiana
East Texas
Washington
Submarine Activity Impacts Grain Market Watch
Wheat and corn prices fluctuated as investors reacted to southwest rain and reports of submarine activity. May wheat fell to 1.08% and July to 1.07% before a late-day decline, while corn closed weak with a 1% to 2 1/4 cent net drop amid local demand and high corn stocks.
MENTIONED IN THIS ARTICLE
Chicago
Commission House
Grain and meat prices in San Antonio and Chicago markets
Prices for wheat corn and oats listed for Texas and Oklahoma trades with per bushel figures in cents and dollars. Local packing house quotes include dry salt pork items and bacon products. Chicago quotations show No 2 red and hard prices, standard and barley ranges.
MENTIONED IN THIS ARTICLE
Texas
Oklahoma
Chicago
Market Quotations Kansas City Wheat Corn Oats
Wheat prices ranged from 1.03 to 1.10 for No 2 hard and 1.05 to 1.10 for No 2 red. Corn listed at 67 cents for No 2 mixed and 67 cents for No 2 white. Oats showed 46 16 cents for No 2 white and 41 48 cents for No 2 mixed.
MENTIONED IN THIS ARTICLE
Kansas City
Grain futures close on mixed gains and losses
In Kansas City on March 24 grain futures closed with Wheat May at 1.00 and July at 99 cents. Corn May at 66 cents and July at 68 cents. Oats May at 42 cents.
MENTIONED IN THIS ARTICLE
Kansas City
Market Quotation Rally From St Louis Trade Floor
In St Louis on March 23 quotations showed wheat at 1.18 for No 2 hard nominal, corn No 2 at 72 3/4 cents, and No 2 white at a similar basis, with oats No 2 at 48 cents and No 2 white at nominal.
MENTIONED IN THIS ARTICLE
ST. Louis
Market Report Sugar Prices in New York
Raw sugar prices show weakness with centrifugal at 5.71 and molasses at 4.94. Refined sugar holds steady with multiple grades listed from cut loaf at 8.05 to powdered varieties ranging 6.90 to 7.40, and confections at 6.80.
MENTIONED IN THIS ARTICLE
New York
Turpentine Firm Reports Daily Trading Figures
Savannnah Ga March 23 Turpentine firm 5145 sales F383 receipts 88 ship ments 243 stock S010 Quotations A B C 4.80 C D EL 4.95 F 5.00 G 6.00 I 6.15 K 5.20 M 6.26 N 6.38 W G 5.60 W W 6.60.
MENTIONED IN THIS ARTICLE
Savannah
A.B. C
C. D. EL
W. G
W. W
Cotton market steady at Liverpool with strong exports
Spot cotton in Liverpool on March 23 shows steady prices with Good middling at 8.064 pence, middling 7.784, and low middling 7.524. Sales reach 8000 bales, including 1000 for export and speculation, while receipts total 11000 bales.
MENTIONED IN THIS ARTICLE
Liverpool
Bates
Futures Rates Steady As Markets Close In Liverpool
The report lists futures contracts with steady quotes across several months from March to March in Liverpool. Key figures include March at 7.60 percent and multiple near-7.5 to 7.3 percent spreads for successive monthly pairings.
Smuggling Brandy Barrel Found With Dory Death Mystery
Fisherman Tom Dan found tied to a cedar float a thirty gallon brandy barrel in Polo Pass San Juan Island. A body washed ashore on Crane Island with Dan asleep nearby and brandy in reach. US marshal subpoenas issued for Shaw Island residents tied to Victoria San Juan smugglers.
MENTIONED IN THIS ARTICLE
Olga
Wash
Tom Dan
Polo Pass
San Juan Island
Crane Island
Dan
Tom
United States
Shaw Island
Victoria
San Juan Islands
Strong and higher prices for cattle at Union Stock Yards
March 23 at Union Stock Yards reports strong higher markets for cattle hogs and calves in San Antonio buyers and sellers active receipts moderate with 22 cattle 98 calves 30 horses and 189 hogs sold early. Best steers bid to 7.25 with typical 6.50 to 7.00. cows 5 to 6. calves 6 to 7. hogs 7 to 8.25. No sheep or goats traded.
MENTIONED IN THIS ARTICLE
Union Stock Yards
San Antonio
Fort Worth Market Reports: Cattle Hogs and Sheep
Fort Worth market notes show cattle receipts 2200 with higher prices across Reeves stockers cows and calves, hogs 2500 up 20 cents with ranges from 7.60 to 9.55 for various grades, and sheep receipts 2000 with steady demand and lambs yearlings and ewes quoted in mixed ranges.
Chicago Market Receipts and Prices for Hogs Cattle and Sheep
Chicago reports receipts for hogs at 21 000 with slow market and varied quotes from 9 point range for bulk to 7.50 8.60 for pigs. Cattle receipts 2 000 with a strong market noting native beef steers at 7.70 10.05 and western steers at 7.70 18.75. Sheep receipts 13 000 with a firm market and wethers 5.50 9.25 and lambs 9.75 11.70.
Receipts and markets at St Louis livestock auction
On March 23 at St Louis receipts totaled 1700 hogs 1700 cattle and 2200 sheep. Hogs sold at 79.0 to 9.65 for mixed and fat hogs. Native beef steers brought 7.50 to 9.60 while cows and heifers ranged 4.00 to 8.50. Sheep saw steady demand with yearling wethers 5.00 to 10.25 and lambs 9.00 to 11.65.
MENTIONED IN THIS ARTICLE
ST. Louis
Texas
Aliahoma
Kansas City Livestock Market Report March 23
Receipts totalled 6000 hogs with higher values. Bulk hogs 9.30 to 9.60, heavy 9.50 to 9.65, light 9.20 to 9.50, pigs 8.00 to 9.00. Cattle receipts 1500 with firm to higher tone. prime fed steers 9.25 to 9.60, dressed beef steers 7.60 to 9.25, southern steers 7.00 to 8.75, cows 5.00 to 8.25, heifers 7.00 to 9.75, stockers 6.60 to 8.80. Sheep receipts 4000. market strong. lambs 10.85 to 11.55, yearlings 9.50 to 10.00, wethers 5.00 to 9.00, ewes 7.75 to 8.50.
MENTIONED IN THIS ARTICLE
Kansas City
Cotton market closes steady with mixed spot prices
New York reports a steady cotton market with spot at 10.75 for March and April futures around 10.93 to 11.00. Total sales reach 23,000. Coffee futures show firm tone with No 7 Rio at 9 3/4 cents and May at 8,038. December futures at 8.32.
MENTIONED IN THIS ARTICLE
New York
Mexican Affairs Steer Wall Street Open
Mexican affairs again influenced trading at the open as American Smelting and Mexican Petroleum moved higher. U S Smelting and Refining opened at 694 ½ on 1900 shares, with gains seen in Crucible Steel, New York Airbrake, American Zinc, Marine preferred and U S Steel. Rails stayed largely flat while sentiment shifted, then faded as selling renewed and prices edged back.
MENTIONED IN THIS ARTICLE
New York
United States
Boston
Crucible Steel
New York Airbrake
American Zinc
Marine Preferred
U. S. Steel
Crucible
Baldwin
Reading
New York Central
Menotony
Oklahoma City Cattle and Hog Sale Totals Reported
Oklahoma City sales on March 23 show cattle at 350 head steady and hogs about 2000 head steady. Top price nine dollars and forty nine cents with bulk sales near nine to nine eighty five. Prices list several consignors from Oklahoma and Texas with varying steer and heifer lots and prices around seven to eight dollars.
Chicago Produce Market Report March 23 Butter and Potatoes Movements
Butter prices rise at creamery to 31 36% cents with receipts 18 278 cases and firsts 19 cents. Potatoes unsettled with 32 cars from Michigan Wisconsin Minnesota and Dakota at 97 cents, Chloe and Dakota varieties around 5.90. Poultry prices little changed with live poultry steady, fowls at 17 cents and springs at 17 to 17 1/2 cents.
MENTIONED IN THIS ARTICLE
Chicago
Michigan
Wisconsin
Minnesota
Dakota
Dakota-Chloe
Maritime Intelligence From Galveston Telegrams
Marine intelligence from Galveston lists ship arrivals and movements including San Jacinto and El Norte in New York bound vessels Ken nebec Nuevitas Indian and Havre Oswald with salients from Copenhagen and other European ports. dispatches mention Lt Salied Borgholm and Blirde Oswald with dates around March first and March twenty three.
MENTIONED IN THIS ARTICLE
Galveston
Tex
San Jacinto
el Norte
New York
Kennebec
Nuevitas
Salied Borgholm
Havre
Blirde Oswald
Spezia
Kansas City Produce Prices Reported Today
Butter creamery 34c firsts 32c seconds 30c packing 20c Eyes firsts 20c Poultry hens 16c turkeys 20c springs 25c
MENTIONED IN THIS ARTICLE
Kansas City
Cotton goods firm as prints and silks hold firm
New YorkMarch 23 cotton goods ruled firm with print cloths moderately active at higher price ranges silk ribbons and piece goods in steady demand wool goods were firm
MENTIONED IN THIS ARTICLE
New York
Mercantile and financial snapshot from New York market
Mercantile paper at 392% per cent. Sterling exchange delivers sixty day bills at 4.724, demand 4.76 and cables 4.77. Guilders 42% with cables 42%, Bar silver 69.5 cents, Mexican dollars 46%. Government and railroad bonds hold steady in a quiet session.
MENTIONED IN THIS ARTICLE
New York
Mercantile Paper
Sterling Exchange
Time loans and call money steady in New York markets
On March 23 in New York time loans remained steady with sixty days at 2 3 percent, ninety days at 2 3 percent, and six months at 3 38 percent. Call money held high at 1 percent, low at 1 percent, ruling rate 1 percent, last loan 2 percent, closing bid 1 percent, offered at 2 percent.
MENTIONED IN THIS ARTICLE
New York
Joan
London Bank Rates and Silver Prices Report
London reports bar silver at 27 4 per ounce, Money at 1 4 percent, and discount rates for short bills and three months at 6 percent.
MENTIONED IN THIS ARTICLE
London
Metal markets roundup from New York trading session
Lead unquoted Roelter. copper steady with electrolytic near 28.00 to 28.50 for nearby, 27.00 to 27.50 for June and later. Iron firm and unchanged. Tin quiet with spot 49.00 to 50.00.
MENTIONED IN THIS ARTICLE
New York
Roelter
London Metals Prices Report March 23
London market prices show lead at 352864 pounds with spot copper at 113 pounds and futures at 110. Electolyitic copper quoted at 196. Spot tin noted around 1970s with futures at 191.
MENTIONED IN THIS ARTICLE
London
Rice market sustains strength with steady quotes
In New Orleans on March 23 the rice market held firm as quotations remained unchanged. Milling and trade activity were brisk with receipts of 1608 rough and 6107 clean pockets, 3890 pockets Honduran at 31% W4%, and 3809 pockets Japanese at 3% 4e.
MENTIONED IN THIS ARTICLE
New Orleans
Honduras
Japan
Weather observations for March 23 1916 report light wind and minimal precipitation
Observations taken at 7 a m Thursday March 23 1916 note wind under ten miles per hour and precipitations under .01 inch are not published hereon Allen Buell Local Forecaster
MENTIONED IN THIS ARTICLE
Allen Buell
Loca
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