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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
May 02, 1916
Page
11
San Antonio area forecast shows unsettled conditions with showers probable tonight and Wednesday. Rain totals yesterday were 0.07 inches, with a 4.97 inch seasonal total and a 3.33 inch deficiency since January 1.
Data shows cotton receipts at approximately 8 000 bales with figures from traders and warehouses in Houston and Charleston. Totals include 2 829 bales cited for a given date and region, with distribution across markets noted in the fragment.
Market reports show bullish influence as rain and storms raise fear of supply shortages. Buying orders surge with traders optimistic on cotton prices despite volatility.
The piece lists middling grade cotton prices for deliveries to several markets including San Antonio Houston Galveston New Orleans and stores the sales volumes next to each price. Prices range from around 8.09 to 13.66 with varying sales figures for each market.
Reports from Texas of cold and wet weather sent prices higher at New York and New Orleans with gains up to 1.25 per bale. Southern spot markets followed, Houston paying about 12.0 cents per pound, matching New York, and San Antonio advancing to 11.94 cents. Galveston Dallas and San Antonio quoted stronger prices as demand grew on bullish weather expectations and upcoming government crop data.
New York May cotton traded firmer early as favorable crop prospects and recent bullish sentiment supported buying. July rose to 12.47 and October to 12.56 before profit taking pared gains. May, July, and October faced brief advances then realized and pulled back amid rumor-driven volatility.
May 12.19 July 12.36 October 12.49 December 15.66 January 12.74 futures opened firmer and closed 18 to 19 points higher amid mixed session data.
In New Orleans May 2 cotton rose 11 to 14 points in early trading as favorable cables and western belt weather spurred activity. Some rain and forecasts of colder weather affected sentiment though the market steadied in the afternoon with mild profit taking from spot accounts. By 1:30 pm prices stood 15 to 21 points above yesterday's close.
Futures opened steady with bids across near and deferred months led by May at 11.97 and January at 12.49. Closing ranges showed gains of 17 to 21 points with highs around 13.89 and lows near 13.29, reflecting modest strength in early trading.
A brief radio telegraph note reports an eleven o'clock call in Liverpool set to open Wednesday with no changes. It mentions a New York call, a close, and a late timing for a bike segment.
Liverpool cotton report for May 2 shows spot cotton run with middling at 9 4 in British currency units and low middling 7 85 d. Sales reach 8000 bales, including 1000 for export and speculation. Receipts total 9090 bales.
The Liverpool report shows a sequence of futures rates by month for the year. Ranging from May at 7.92 percent to April May 7.58 percent, the list covers May 7.92 to April May 7.58 with multiple pairings across seasons and months.
Allen Buell, local forecaster, notes that winds under ten miles per hour and precipitation under .01 inch are not recorded or highlighted in the weather summary.
Dry goods wholesalers report new carpet price lists from eastern mills showing 30 to 40 percent gains over last year due to higher labor and raw material costs. San Antonio stock, especially carpets and staples, remains tight with delivery problems. Vegetables and fruits arrive abundantly but berries face potential downturn and later price increases loom. Sugar prices decline slightly per hundredweight but export demand weakens while packers and grain sellers hold firm on prices.
Cotton Region Bulletin reports 24 hour weather for Houston district stations. Western belt unsettled and showery cool. eastern belt generally fair. Rainfall totals exceed one inch at many places in New Orleans Little Rock Vicksburg and Houston districts with over three inches at Huntsville and Luling and over four inches at Nacogdoches Texas.
An amendment filed in the state department by the Southern Utilities Company of San Antonio curtails its powers to the generation and supply of gas electric light and motor power to the public and reduces its capital stock from 159000 to 40000.
Better weather in prospect for the northwest gave a bearish cue for wheat but was offset by reports of greenbugs in Kansas. Prices opened weaker, rallied, then fell. May wheat near 1.18 and July around 1.17 to 1.18, closing heavy on wheat. Corn gained then slipped with forecasts of cold. Oats tracked corn as hogs and provisions moved lower with packers selling.
Carrot buyers reported prices for grain and hay delivered in San Antonio. Items include corn Texas No. 8 at 86% to 81% cents, Northern No. 3 white at 86 cents, oats Texas No. 8 red 46 cents, white 64 cents, and hay at varied bulk rates from 11 to 20 dollars per ton.
Prices quoted in Chicago on May 2 show No 2 red and No 2 hard wheat at unchanged figures. No 2 yellow corn at 78 78. Barley bids ranged 64 to 80 cents with standard dates at 47 cents.
Kansas City May 2 grain quotes show wheat at No 2 hard 1.09 to 1.16 and No 2 red 1.15 to 1.18. Corn bids list No 2 mixed 71 to 74 cents and No 2 white 43 to 44 cents for No 2 white and mixed futures prices.
Quotations today show wheat at No 2 red 1.21 1.20 dollars and No hard 1.18. Corn levels list No 2 75 5e and No 2 white 75 1 2 cents, with No 2 43% cents and No 2 white nominal.
Grain futures in Kansas City closed steady as May wheat at 1.96 and July 1.08, May corn 70 and July 72 cents, and May oats 42 cents.
May 2 Fort Worth cattle sale lists buyers Carter Sessions Kirven Dick Russell Enno Behrens. Weights range around 634 to 1097 pounds with prices near 6.55 to 8.00 per hundredweight. Local buyers purchase steers and heifers at varied rates in a routine market update.
Local packing house quotations list dry salt extras at 14 percent, bacon extras at 15 percent, dry salt bellies 14 to 16 pounds averaging 16 cents, fancy breakfast bacon 26 cents, fancy hams 21 cents, bacon bellies 14 to 16 pound average 18 cents, pure lard 13 cents, compound lard 12 cents.
Rains improve range grass across the state boosting cattle values while hogs fall in price by 5 to 15 cents. San Antonio market held steady with cattle calves and sheep steady. buyers paid from 6.00 to 8.00 for calves and 6.50 to 7.95 for steers. Water holes fill up easing market pressure and permitting fuller sales.
Cattle receipts 2800 market steady Beeves 6.50 4.35 stockers 5.50 7.80 cows 4.50 7.69 heifers 6.50 8.50 bulls 4.25 6.35 calves 4.00 9.25 Hogs receipts 4000 market five cents lower Bulk 9.25 9.7 heavy 9.56 9.69 medium 9.45 9.65 mixed 9.36 9.45 Maech 9.25 9.95 common .78 25 8.25 pigea 4.50 7.00 Sheep receipts 1600 market steady Sheep and lambs 9.00 11.00 yearlings 7.59 7.80 wethers 7.0 7.59 ewes 7.00 7.26 culls 4.00 5.00 goats 3.50 5.25
Kansas City May 2 market notes show hogs at 9.45 to 9.75 bulk and 9.65 for lighter hogs with 14 000 receipts. Cattle receipts around 000 with steady to active demand and steer prices around 9.05 to 9.75, dressed beef steers near 8.00. Sheep receipts 9000 with lambs 11.60 to 11.85 and wethers 9.50, ewes 8.09.
Hogs receipts 10 500. Market steady. Pigs and lights 7 50 to 9 75, mixed and butchers 9 65 to 9 80, good heavy 9 80. Cattle receipts 2 600. Market steady. Native feeders 7 41 to 10 00, yearling steers and heifers 8 07 to 10 89, cows 6 50 to 4 25, stockers 5 40 to 8 50, Texas and Oklahoma steers 5 76 to 8 75, cows and heifers 4 09 to 6 00, native calves 6 00 to 10 90. Sheep receipts 1 400. Market steady. Yearling wethers 9 90 to 10 75, lambs 10 00 to 11 76, ewes 7 50 to 2 85.
Chicago NL May 2 reports hog receipts at 22 600 with lower bulk prices from 9.75 to 9.90 and pended prices 9.35 to 9.90 for heavies mixed and rough. Cattle receipts 4900 with steady trend native beef steers 7.90 9.95 western steers 7.85 8.70 stockers 5.99 8.69 heifers 4.20 9.45 calves 6.25. Sheep receipts 000 market strong wethers 6.75 9.25 lambe 7.75 11.75.
May 2 market report shows quarantine cattle in Kansas City steady to ten cents lower as receipts reach four cars. Sheep receipts around 9000 with prices up about ten cents. goats included with totals around 1200. Oklahoma City receipts around 750 cattle, prices mixed with notable goats and brushers in the 8.00s to 8.85 range.
Mercantile paper 4 percent. Sterling exchange trends shown with sixty day bills at .72 and demand 4.7614. Cables 4.76. Guilders demand 41, cables 42. Bar silver 74 and a half cents. Mexican dollars 57 and a half cents. Government bonds steady while railroad bonds move irregularly.
In New York on May 2 time loans were quoted at 60 days 3 percent 90 days 3 3 percent six months 3 4 percent. Call money remained steady with high 2 percent low 2 percent and ruling rate 2 percent. Last loan 2 percent, closing bid 24 percent, offered at 2 percent.
New York stock activity opened with nominal changes and heavy selling in late sessions. Mercantile Marine preferred and common fluctuated around unchanged, Reading showed brief gains then slipped, New York Central rose early but fell back amid renewed selling in motors and other rails, ending the day heavy.
London reports bar silver at 85 percent per ounce and Money at 4 4 percent. Discount rates for short and three month bills sit at 4 percent and 4 44 percent respectively.
Lead at 7.26 to 7.59, Spelter dull, copper firm at 2.50 to 29.50, August and later. Tin strong at 51.50 bid. Iron steady. Spot St Louis delivery quoted at 17% asked.
London reports lead at 34 pounds plus 108 sterling, spelter 98 pounds, spot copper 134 pounds, futures 127, electrolytic 145, spot tin 201, futures 199. Prices quoted in pounds sterling with standard market figures.
Buyers paid prices in San Antonio Tuesday for country produce. Butter firm at Texas Creamery 31 to 33 1 3 cents per pound. Poultry steady with hens 4.50 to 6.00 per dozen friers 5.00 to 4.50, broilers 3.59 to 4.00, turkeys 18 cents per pound. Ducks 4.50 to 6.50 per dozen, geese 70 to 99 per dozen.
Quotations show butter lower at 26 to 32 cents creamery, eggs steady. receipts 26,655 cases with ordinary firsts 19 to 20 cents at market. Potatoes lower with 44 car receipts. dairy fruits include Michigan Wisconsin Minnesota Dakota prices 5 to 96 cents. Poultry alive higher with fowls 19 cents and springs 29 cents.
Quotations for dairy and poultry items listed with per unit prices. Rutter Creamery products at 33 cents firsts and 29 for seconds. packing 25 and 2?. eggs at 21? cents. poultry including hens and turkeys at 20 to 25 cents for various cuts. springs 25 cents.
Raw sugar firm Centrifugal 76.46 with no molasses 5.69. Refined sugar firm list shows Cut roof 8.55 crushed 8.40 mould A and cubes 7.90 XXXX powdered 7.55 powdered 7.50 fine granulated 7.40 diamond A 7.40 confectioners A 47.80 No. 1 8.25.
New York on May 2 reports cotton seed oil futures with spot prices at 10.74 and quotes for May 210.75 June 10.89 July 11.07 August 11.07 September 16.99 October 9.96 November 9.18 December 9.01. Total sales 17 200.
New York on May 2 reports No 7 Rio coffee at 94 cents, futures holding steady with May at 8.18 and December outlook referenced.
Motorcycle Officer Hart Elmo Eason was knocked unconscious when his bike collided with a SchoBer brewery vehicle driven by Emil Greven at 4 PM Monday. Greven posted bond for reckless driving. Eason, taken home to 246 Lotus Avenue, was reported much improved Tuesday. Arrests Fall in April as 60 cases were forwarded to county officials, down 38 from March, including burglary theft assault to murder swindling and bootlegging.
Advertisement for legal services by F Carl and Ward lawyers located in the 621 Bedell Building with Crockett 1250 phone contact.
Fire caused about 15 damage to a barn in the rear of the home of I Bren ner 2706 Monterey street at 7 25 o'clock Monday night. The property belongs to Joe Naylor.
O'Connell Loan Co at 1123 EB Houston St offers loans on diamonds watches and jewelry with quick negotiations and appraisal. Immediate cash options available for valued items and jewelry owners seeking liquidity.
James P. Hickman of the Southern Hotel announced on Tuesday he does not own the dwelling on Lovers Lane where a fire occurred Sunday night. James Dukes, a neighbor, reported discovering the vacant building at 11 o clock and extinguishing the blaze before damage. Police were told by the fire department the property belonged to Hickman.
Police report a Monday night burglary at J. Murchison residence 320 West Craig Place. A diamond pin valued at 50 dollars and an amethyst and pearl pin valued at 30 dollars were stolen.
A shirtwaist dance will be held at W. W. Hall on Saturday May 6 in honor of Jack Lambert with Gene Artz providing music. Admission is 2? (two bits).
Carl L. Zinn of San Antonio sends an account of life in the Marine Corps on the superdreadnought Nevada, one of America's latest battleships. He enlisted at Fort Worth and previously served as a sharpshooter on the U S Georgia, noting marines as first landed in trouble.
The Pea cock school commencement will be held Friday at 4 o clock in the Wolff and Marx Auditorium. May 5. Public invited. The exercises include boxing wrestling tumbling and graduating exercises.
Police Captain Welch and Detective Murphy raided an upstairs room in the 100 block on Sole dad street Monday. Four white men were booked at central headquarters on gambling charges for a poker game, with a fifth man who claimed losing over $100 triggering the arrest. Cases continued to later in the week for corporation court Tuesday.
W G Schuwirth Co offers sewer connections and plumbing services at 281 W Commerce St with phone Crockett 641 providing estimates and installations for residential and commercial clients. The firm emphasizes prompt scheduling, reliable work, and durable piping solutions.
George B. Wathen former secretary of the San Antonio Automobile Club left Tuesday for New Braunfels to take over as general manager of Landa’s park which will open to the public Sunday. Harry Landa owner of the resort has completed improvements for recreation and a bathing beach has been established.
An old classified blurb promotes Packard Auto Livery offering $2 per hour service with credit options Cr. 155 and new Cr. 166 referenced as pricing or inventory notes. The ad claims best of many in the market.
Readable ad fragment lists electric fans electric irons Westinghouse Mazda lamps and a Bedell Building address at Wright Bros 122 Avenue C suggesting a sale or catalog listing from the Wright Brothers establishment.
Arthur Lancage ter of 717 Burleson Street left Houston last week to take the final examination for navy enlistment and proceeded to the naval training station in San Francisco after departing from Houston.
Horace E. Wilson, lawyer, 516 17 State Bank Building. Cr. $281 Adv. appears in the advertisement column.
An advertisement notes printer Dulling at 131 Losoya Street Cr. 3338 offering cost savings and printing services.
Four volume A medi cal dictionary and nine volumes of Mrs. Anna Brownell Jameson works were donated to the Carnegie Library by Mrs. J. B. Lockwood of 823 North Cle ive street. Miss Elizabeth West, librarian, planned to collect the volumes Tuesday evening.
Dixie Social Club opens with a summer dance in West End on Sunday May 7. Willetts' orchestra will provide music with admission set at 25 cents.
Sewer connections installed by Young and Ramsey Cro 2908. Advertisement notes services and contact for the contractor.
Mrs. J Boyd of 201 East Evergreen street reports thefts in the latter half of April. Two porch awnings were stolen, a chicken coop raid removed several hens, and last Thursday six boys suits were taken from a clothes line.
An OCR fragment advertises buying or taking in trade old gold silver diamonds and old coins and names Alamo Jewelry Co at 315 Alamo PlazaAdv.
Miss Jeba Fitch performed six roles in Veg My Heart at the St Anthony ballroom Monday evening. Presented by teacher Miss Virginia Beraud, she received creditable interpretation of challenging parts and has built a reputation for dramatic work in San Antonio.
The San Antonio Music Teachers Association will meet in the om room of the St. Anthony Hotel at 8 15 o clock Wednesday evening.
The Texas Bankers Association opened its annual convention in Houston with President Joseph Hirsch of Corpus Christi stating this may be the largest gathering yet. Over 1600 reservations were noted as delegates arrived, and the program includes new committees on banking education and legislative liaison, plus talks on state banks joining the federal reserve system.
Mrs Corntaunet notes her husband is even tempered about as cross as ether, describing him as steady though sometimes moody in a playful Washington Star excerpt.
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