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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Mar 28, 1916
Page
11
Tuesday March 28 1916 wrap reports fair and warmer conditions in San Antonio and vicinity for tonight and Wednesday. Precipitation yesterday none. daily deficit .06 inch. Year to date total, 2.26 inches. deficiency 2.74 inches since January 1.
The report lists cotton receipts by port with figures for Galveston Houston New Orleans Mobile Savannah Charlestown Philadelphia and Pacific ports. The totals indicate Mobile and Savannah saw smaller shipments while Houston and New Orleans posted higher volumes.
Lead in New York at 7.80 with copper steady and tin at 49.50 in spot. Spelter not quoted. In London, lead at 34 pounds sterling 158, copper futures 109 pounds, spot copper 113 pounds, tin 202 pounds with futures 196.
Arrived: Neches New York Fort Morgan Puerto Mexico Pilar de Larrinaga Manchester San Velario Middles ra. Sailed: Catalla Tampico Kennebec Freeport.
In Brooklyn, Hugh Chamberlain and Susan Hahn wed after meeting at the license bureau on Christmas Eve. They traded bets with siblings and Charles Hudson Jr. over who married first, informing a telegram to celebrants about their honeymoon. A rural tone ends with a quip about a boy named Josh learning new languages.
The Texas drought is the dominant factor shaping the cotton market as trade volume remains subdued. Traders weigh crop conditions and futures amid limited buying interest and uncertain yields.
The report lists middling grade cotton prices for delivery at one market daily. San Antonio sales show 12.25 with 2,526 units. New York and New Orleans quotes around 12.30 and 11.88 with thousands in sales. Liverpool figures noted at 1.628 with 6,009 in sales.
The cotton market remained quiet as dry Texas forecasts tempered buying. San Antonio bids held at 11.65 for middling with little volume, while reports from Alabama and Georgia showed discouraged holders selling. A Washington telegram noted proposed increases to boll weevil eradication funding and related farm programs.
The opening market shows advances outnumbering declines with Crucible Steel and American Beet Sugar rising. South Porto Rico Sugar reaches a new high at five to 195 as Mercantile Marine preferred and Maxwell Motor fall. Trading grows mid-session but stays focused on munitions and equipment. closing is irregular.
A brief roundup of cotton market status focusing on seven price points in San Antonio. Includes notable shifts in fiber costs and trading activity observed by local merchants. The report emphasizes price behaviors and factors influencing the current cotton market.
The New York cotton market opened firm with an advance of five to seven points driven by Liverpool activity and dry Southwest weather. May touched 12.02, July 12.14, October 12.26, with gains narrowing as southern selling and Liverpool-linked houses eased prices. Activity cooled. active months stayed near prior close, around 12.09 to 12.11 later morning.
New York markets show May at 12.00, July 12.13, October 12.23, December 12.41, January 12.44 as futures open firm. Closing levels shift 1 to 2 points lower, with highs and lows noted. unclear secondary figures appear fragmented in the record.
Fragmentary text references Liverpool opening on an unsettled Wednesday and an 11 o'clock call from New York. Other lines are garbled with nonsensical strings and numbers, providing no recoverable names, places, dates, or events.
Good cabies and light offerings with a modest demand pushed cotton prices about 4 points higher in early trading in New Orleans. Texas drought conditions shown on the weather map aided the slight advance while political news drew little reaction. The market steadied in the afternoon as spot business rose and prices stood 1 to 4 points above yesterday’s close by 1:30 p.m.
In New Orleans on March 28 cotton futures opened steady with May at 11.84 and July at 12.00. October touched 12.03 and December 12.16 while January 12.26 asked. prices closed unchanged to one point higher amid light activity and partial bid quotes.
Liverpool March 28 cotton prices steady to higher with middling at 17.56 pence per pound. Trading activity includes speculation and export 1500 bales. receipts total 41,000 bales. Demand noted for 6000 bales in market.
New York trading roundup shows 60 day sterling at 4.72 and demand 4.16 red. Cable quotes 4.29 16 and 4.21 16. Bar silver at 60 1 2 cents per ounce. Mexican dollars at 46 1 2 cents. Government and railroad bonds steady.
Liverpool notes steadiness across contracts with March at 764d and March-April at 17. es. April-May at 7.24d. May-June 7.624. June-July 7.594. The list continues through February-March at 7.289d and March-April 7.28d.
Trading in Mexican currency in San Antonio on Tuesday showed bids and asks for silver pesos at 41 and 42, half pesos at 30 and 31, tute bank notes at 8, Bank of London at 14% and 15, and Carranza money at 62 and 63.
New York March 28 time loans firmer at 60 days 2 to 3 percent 90 days 3 to 3 1/2 percent six months 3 1/2 percent Call money steady high 2 percent low 1 percent ruling rate 2 percent last loan 2 percent closing bid 1 percent offered at 2 percent
New York notes show firm cotton seed oil with bids around 10.60 to 11.00 and October at 9.62 to 9.64. Total sales reach 13,100 as a theater manager remarks on Hamlet being presented to the public this week, noting a tepid turnout.
London report lists bar silver at 257 164 per ounce with money at 4 4 and a half percent. Discount rates shown for short pills and three months at 4 percent.
In London Opinion a reader recall shows Jimmy giggling at a tale of a Roman swimmer who supposedly crossed the Tiber three times before breakfast. He questions why the feat didn’t end with a return to the starting clothes.
Union Stock Yards reported a slight decline in cattle and hog prices with Chicago Kansas City and St Louis showing steers cows and hogs down. San Antonio received 149 cattle 61 calves 9 horses 353 hogs 16 goats with most sold at steady levels. Steers topped at 7 dollars while cows 5.50 to 6.50 and calves 6.50 to 7.25. Hogs held near yesterday's figures with top at 8.75 and most between 8.00 and 8.50. Sheep and goats were insufficient for a test.
Fort Worth market reports show cattle receipts about 1800 unchanged with varied values for Reeves stockers cows heifers and calves. Hogs receipts near 5600 steady with prices from 8.75 to 9.60 for different weights. Sheep receipts about 500 unchanged with lambs at 9.00 to 10.0 and yearlings 8.75 to 9.00. wethers 7.50 to 8.00. ewes 7.00 to 7.75. goats 4.00 to 5.90.
Receipts and quotations show hogs at 9.40 to 9.80 for night and bulk values around 9.50 to 9.65, cattle with prime fed steers near 9.00 to 9.75 and cows about 5.00 to 8.00, and sheep with lambs 11.09 to 11.65 and wethers 8.25 to 9.00. Market tone varied from steady to weak for cattle and steady for hogs and sheep.
Hogs receipts 15 000 steady to lower with bulk sales at 9 49 to 9 95 per cwt. Cattle receipts 4000 market steady with native beef steers 7 75 to 10 00, western steers 7 75 to 8 75, stockers and feeders 6 00 to 8 25, cows and heifers 4 25 to 9 00, calves 8 00 to 10 50. Sheep receipts 10 000 market steady with wethers 8 60 to 9 55 and lambs 9 85 to 11 90.
Receipts and hogs show a higher market with mixed and lighter weights pushing up to 10.05. Cattle receipts at 3500 with steady market. native beef steers range 7.50 to 99.60, yearling cattle 8.50 to 9.50, cows 5.50 to 8.50, stockers and feeders 5.50 to 8.00, Texas Oklahoma steers 5.25 to 8.00, calves 6.90 to 10.00. Sheep receipts 250 steady. yearlings 8.00 to 10.00, lambs 9.00 to 11.70, ewes 6.50 to 8.00.
The Interstate Commerce Commission upheld the Oklahoma Traffic Association complaint that carload rates from Hutchinson Kansas St Louis Chicago and Detroit to Oklahoma City for soda ash caustic soda and silicate of soda were unjust and discriminatory. Lower rates were ordered.
Cattle run 1090 head with prices 10 cents lower. top steer sales reach about 9.60, bulk 9.25 to 9.55. Home stock steady around 9.60. Sheep listings scarce at 300 head, demand strong. Notable lots include Rossen Calumet 13 steers at 8.75 and 8.75, Jess Moore Lyndsay 18 steers at 8.75, Hill Washington 31 steers, and Gibson Childress Tex with several steers around 8.45 to 8.75.
Wheat advanced sharply in Chicago trading stirring by higher Liver pool prices and expectations submarine disruptions. May and July futures gained across the board while corn slipped from intraday highs but closed firmer. Elevator buying supported oats as provisions eased after selling by longs.
San Antonio grain market reports delivered prices for wheat and corn by Texas and northern grades. Texas red and white wheats, corn grades, and Oklahoma parity listed. local sacking house quotes for dry salt, bacon extras, bacon bellies, hams, and lard products provided with per bushel and per pound figures.
Chicago merchants report Wheat No 2 red at 1.13 8 or 1.15 percent. No 2 bard listed nominal. Corn No 2 yellow 75 7 8c. Standard barley around 60% 07ic.
In St Louis on March 28 the wheat market shows No 2 red at 1.18 to 1.19 per bushel, No 2 hard nominal. Corn quotes list No 3 at 71 to 87 cents and No 2 white at 72 cents. Oats follow with No 3 at 4 1/2 and No 2 white nominal.
Kansas City market notes dated March 28 show wheat prices for No 2 hard at 1.04 to 1.12, No 2 red around 1.07 to 1.11, corn No 2 mixed and No 2 white each cents per bushel with 67 to 67 1/2, oats No 2 white about 45 cents and No 2 mixed 40 to 42 cents.
Buyers paid varied rates for eggs butter poultry and other items in San Antonio on Tuesday. Butter firm at 31 33 cents per pound creamery. Eggs steady to higher. Poultry prices mixed with hens 6.00 to 7.00 per dozen friers 5.50 to 6.50 broilers 4.00 to 4.74 per item turkeys 19 to 20 cents per pound ducks 5.50 to 6.60 per dozen geese 7.00 to 10.00 per dozen.
Kansas City prices quoted today include Rutter Creamery at 35 cents, firsts 33, seconds 7 and a half, packing 24. Eyes firsts 20, aerot hens 15, turkeys 2 cents, springs noted.
Raw sugar firm prices list centrifugal at 5.89 and molasses at 5.12 with refined up 10 points to 8.15 for cut loaf 8.00 crushed 7.50 mould A 7.50 rubes 7.50 XXX powdered 7.15 powdered 7.10 fine granulated 7.00 diamond A 87.00 confectioners A 6.90 No 1 6.85.
In New York on March 28 cotton goods held firm with wide sheetings rising 2 1 2 cents a yard. Raw silk remained steady at Yokohama levels. Mohatt dress goods showed broader demand as buyers sought styles and quality.
Savannah firm reports 51 sales items and 4 shipments. Resin firm notes miscellaneous stock figures and notations for several letters ending with 50 to 6.25. March 28 SAR lists turpentine receipts at 215 ships and related movements.
Kansas City notes grain futures closing with May and July wheat at 1.054 and 1.03 5 cents, May corn at 68 1 2 cents and July at 70 cents, May oats at 42 1 2 cents. The report records light detail on positions and values for Wheat Corn and Oats.
A wife and husband debate political consistency with one spouse insisting on voting the same as last year. The Pittsburgh Post quotes a remark about maintaining party allegiance amid a suggestion of repeated behavior.
Southern Pine Association weekly report posts figures for the week ending Friday. New business booked reaches 107,379,845 feet, shipments total 85,982,125 feet, and orders on hand amount to 454,382,170 feet.
A. R. Mackley of the Interstate Commerce Commission said the Memphis testimony on the lumbermen protest against higher freight rates from Southern production to Northern manufacturing centers will end tomorrow and the hearing shift to Montgomery Alabama. Readings here focused on hardwood. pine interests will be heard in Montgomery.
Market notes show a 50 cent per dozen advance on all poultry from produce commission men. Prices paid in Antonio Tuesday include hens $7 per dozen, fryers $5.50 to $4.50, broilers $4 to $4.50, turkeys 19 to 20 cents a pound, ducks $5.50 per dozen, geese $7 to $10 per dozen. Dry weather lowers Texas dairy output boosting butter and dairy prices while greens and berries remain scarce.
New York reports on March 28 that May coffee futures climb to $8.16 while December contracts edge to $8.45 as Se futures ease on light trading and steady demand.
New Orleans reports continued strength across all rice grades. Receipts include rough 1075 millers 1075 clean 9796, sales 792 pockets. Quoted prices show Honduras at about 31 16 37 16c and Japan around 2.00 to 4.20 per unit, with rice polish and bran values listed.
Observations made at 7 a m on Tuesday March 28 1916. Wind speeds under ten miles per hour and precipitation under .01 inch are not published here. Allen Buell, Local Forecaster.
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