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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
May 03, 1916
Page
13
Price 3950 dollars. Easy terms. Nicholson Furnish and Smith advertise from the 616 620 Brady Building in Crockett with contact Crockett 1024.
Postmaster Armistead says the Fort Sam Houston consolidation with San Antonio was a promotion for Peterson and not a reduction. He notes Peterson transfers to the classified service with a higher salary and urges the change as correcting a past blunder improving efficiency.
The Swift & Company packing firm was convicted on all twenty nine counts in a federal indictment for violating interstate commerce laws. The maximum penalty is a 525000 fine. The government alleged shipping less than carload lots to Michigan at carload rates.
A lost keys on ring notice lists Rewa Return Pe caloire Tailoring Co at 227 St Mary's with contact Cr. 4870 for claim. The fragment notes a missing set associated with the tailoring shop and provides a phone-like contact for retrieval.
Reports from major markets show a broad selling wave, with San Antonio, Dallas, Houston, and Galveston all trimming bids. The May 3 market closed down about one dollar per bale amid unfavorable international factors, with heavy Texas rains and cool planting conditions cited as slowing crop progress.
The New York cotton market opened near unchanged to up 8 points, July around 12.42 and October 12.51, but traded lower into midmorning as selling and profit-taking grew amid cooler crop conditions in the southwest and Missis sippi. Prices then rallied briefly on the weekly weather data, with July at about 12.40 and October near 12.60 while May hovered around 12.29.
Wall Street viewed Mexican affairs with optimism as Mexican Petroleum and American Smelting rose while Bethlehem Steel and other blue chips declined. United States Steel held steady as rails softened and trading cooled on rumors Washington pressed Berlin for a clear statement. Final hours brought further heaviness and most specialties sank to new lows.
New York market reports May Cotton futures opening steady with May at 13.389 and July at 12.48. other months show 12.56 to 12.60 ranges. Futures closed several points lower across several contracts amid a choppy session. details show intraday highs and lows, with financial press notes of calls and openings.
In New Orleans the cotton market briefly rose 1 to 2 points on the near position at opening but soon eased as profit taking by recent buyers followed weak cables. By 1:30 pm prices ranged about nine points below yesterday's close with little price change and a quiet, featureless afternoon.
In New Orleans on May 12, opening bids for May at 12.18, July and October at 18.87, December 12.48, and January 12.87. Futures closed 10 to 11 points lower with session highs and lows obscured by misspellings.
New seen May 3 Mercantile paper reports 8 to 60 day bills at 4.73 percent demand 4.16 cables 4.76 percent. Guilders demand and cables 41 percent. Bar silver 7 1 2 cents. Mexican dollars 59 percent. Government bonds steady. Railroad bonds irregular.
A concise update on cotton prices and market factors in San Antonio. Reports note price ranges for futures and spot values, plus influences from demand, weather, and export activity shaping local trade. The brief summarizes current levels and short term outlook for traders and merchants.
At Union Stock Yards and other markets including Kansas City St Louis and San Antonio cattle were strong and active while hogs were weak and lower and sheep steady. Steers reached 7.50 with most 6.50 to 7.25. cows 5.50 to 6.50. calves 7.00 to 8.00 per hundredweight. Best hogs 9. typical 8.00 to 8.50. No sheep or goats offered locally.
At the Texas Bankers Association session in Houston May 3 W B White president Gilmer State Bank urged cutting annual bank inspections from four to two. He said Texas banks are now firmly established and inspections are a drain. Fort Worth telegram inviting next year’s meeting.
Fort Worth Texas market report shows cattle receipts at 4400 with gains up to 10 cents led by Reeves at 7.00 to 9.00 for stockers cows 4.90 to 7.76 heifers 6.00 to 9.00 bulls 4.50 to 6.35 calves 4.50 to 9.50. Hogs receipts 4000 slipped 6 to 10 cents with heavy 9.55 to 9.60 and light 9.40 to 9.60. pigs 4.50 to 7.25. Sheep receipts 4000 up 16 to 26 cents. lambs 9.00 to 11.00, yearlings 7.50 to 8.50, wethers 7.00 to 7.75, ewes 6.60 to 6.60, culls 4.00 to 8.00 goats 3.50 to 5.25.
A May Feiss market note reports a Liverpool cotton spot trade around 20,000 bales with price activity described as steady. The brief item highlights the Liverpool market's tone and volume without broader context.
San Antonio quotes show silver pesos at .49 and half pesos at .36 with bank notes and Carranza money listed. New York time loans ease, short terms 60 to 90 days at 2 percent, six months 3 to 3 1/2 percent, markets steady with 2 percent as ruling rate.
Hogs receipts 7500 steady with price ranges 7.50 to 9.85. Cattle receipts 2000 steady with native steers 7.50 to 10.00, yearlings 8.50 to 10.00, cows 6.50 to 8.25, stockers 5.50 to 8.50, Texas Oklahoma steers 5.76 to 8.75, calves 6.00 to 10.00. Sheep receipts 1200 steady with yearlings 9.00 to 10.75, ewes 7.55 to 11.60.
Chicago swift market summary shows hog receipts 37 008 slow bids with price ranges from 9.30 to 9.90 for various hog classes. Cattle receipts 14 000 firm with native beef steers around 8 to 10 and calves 6.25 to 9.25. Sheep receipts 15 000 steady with wethers 6.90 to 9.35 and lambs 7.75 to 11.50.
Liverpool market report shows May at 7.88 percent, June 7.864 percent, July 7.884, August 7.484, October 1.634 and 7.584 for September. June–July and September–October spreads noted with varying quotes.
Hog receipts 12 000 steady to lower bulk 9 509 75. heavy 9 65 9 80 light 9 45 9 65. pige 8 25 9 10. Cattle receipts 66 400 steady to strong prime fed steers 9 25 9 65 dressed beef 8 00 9 25 southern steers 7 25 8 50 heifers 7 25 9 50 stockers 7 00 8 75. Sheep receipts 7 000 steady to strong lambs 11 00 11 75 yearlings 9 75 8 46 15 wethern 8 75 9 50 ewes 8 00.
Cotton goods market shows firmness and advancing tendency with fair export demand. Delivery of fall sample pieces limited by local strikes. western houses accelerate shipments to ease the supply pressure amid the street scene and general unrest.
Wheat extended gains after reports of Okla Loma crop damage and favorable weather outlooks. May and July futures advanced to about 1.15 and 1.164 per bushel, while corn eased slightly with a steady close. Hog receipts were larger, weighing on provisions.
Wednesday prices listed for grain and hay delivered to San Antonio include Corn Texas No 5 8 c mixed 814 c Northern No 3 white 86 c mixed 87 c Oats Texas No 3 red 46 c white 64 c sulpherized 54 c in sacks 2 c per lb Hay Milo maize No 3 bulk 1 19 feter ta No 3 bulk 1 12 Kaffir corn No bulk 1 10 cane hay per ton 15 Prairie hay per ton 11 Johnson grass per ton 12 alfalfa hay choice pea green New Mexico per ton 20
Chicago May prices show Wheat No 2 red at 1.18 to 1.22, No 2 hard 1.174 to 1.17, Corn No 2 yellow 0. The oats standard quoted 48 cents and barley 64 9 cents.
Quotations show No 2 red wheat at 1.25 dollars per bushel and No 2 hard and white grades with minor variations. Oats list No 2 at around 43 to 44 cents per bushel with nominal pricing for white oats.
Quotations show wheat at 1.09 to 1.18 for herd and No 2 corn mixed at 1 71/2 to 1 72 1/2 cents. Oats list No 2% white 49 1/2 cents and No 2 mixed 40 1/4 cents.
Grain futures closed steady in Kansas City with July contracts at 81.07 and 91.08, while another July listing shows 70 ½ cents and 71 ½ cents respectively. The report notes steady trading across the session.
Market quotations for dealers list dry salt extras at 14 4 percent and 16 percent bacon, dry salt bellies averaging 14 to 16 pounds at 16 cents, fancy breakfast bacon at 26 cents, fancy hams at 21 cents, bacon bellies 14 to 16 pounds at 18 cents, pure lard at 12 1/2 cents, and compound lard at 12 percent.
In Goliad Texas on May 8 a rain of about one inch fell last night. The precipitation along with last week’s rain is enough to push crops, with about three fourths of the cotton acreage planted and now coming up.
Savannah market notes show 87 percent 39-cent turpentine sales and 238 receipts, with 226 shipments. Firm reports 627 sales and 930 receipts alongside 1,108 shipments and stock of 69,055 non A BR. Prices listed for various grades range from about 3.90 to 5.05 per barrel with multiple quality designations.
In Fredericksburg Texas Gil lespie county reports welcome rains this week. The ground is in good condition and farmers anticipate good crops with wheat and oats thriving and cotton planted earlier expected to yield heavy.
London market news reports bar silver at 36d per Money with 4% to 4 4% discount rates for short bills and 9 month maturities noted at 4% to 4% per cent. Money rates show 4% interest.
Rice markets in New Orleans show Cean Japan rice holding value while other grades rise slightly. Receipts tallies include 3787 iron? millers 3721 clean 7718 and 1148 pockets clean Honduras at Su Ike, reflecting mixed movement in the day’s market.
May eight cattle sales report from Oklahoma City with 250 head of steers and heifers sold around 7.60 to 8.25 per hundredweight. Notable consignors include Perkins and Tipton Oklahoma, with prices varying by lot and weight. Early sales show a slight decline from previous figures and mixed demand across the yard.
In New York May 3 lead bids ranged around 7.25 to 7.80, spelter nominal, copper steady with nearby and later August quotations 28.50 to 29.50, tin spot at 52.00. In London May lead 34 pounds 12 shillings 64, spelter 98, copper futures 128, spot tin around 198 pounds 15 shillings.
Weather bulletin states wind velocities under ten miles per hour and precipitation under .01 inch are not recorded. Signed LEN BUELL, Meteorologist.
The Houston district shows generally fair weather with temperatures below normal. Rainfall of an inch or more occurs at many locations in the Vicksburg Mobile New Orleans Little Rock and Memphis districts as of the 24 hours ending 8 am. Allen Buell, Meteorologist, Weather Bureau.
Raw sugar firm Centrifqual at 6.46 per unit with molasses at 5.69. Refined sugar details include cut loaf 8.49 and mould A cubes 7.55. Powdered 7.55 and granulated 7.40 with Diamond A and confectioners A at 7.30 to 8.25.
Warm weather fumes over eggs as 30 000 eggs are destroyed in Fort Worth under pure food authority orders. The report notes strict egg and produce laws, with traders facing heavy fines for selling seconds or cracked eggs. No San Antonio market change. hog prices down, side meat quotes up, ham and bacon weaker, pure lard steady, cotton seed oil up, lemons and limes in demand ahead of summer.
Buyers paid prices for country produce in San Antonio on Wednesday. Butter firm at 31 33 cents per pound from Texas creamery. Country butter at 20 26 cents. Packing stock 20 22 cents per unit. Poultry steady with hens 4.50 to 6.00 per dozen, friars 5.00 to 4.50, broilers 3.60 to 4.00, turkeys 15 cents per pound, ducks 4.50 to 5.50 per dozen, geese 7.00 to 9.00 per dozen.
Chicago price report lists butter at 32 cents for creamery, eggs steady with firsts around 21 cents and ordinary firsts 19 to 20 cents, 88 555 cases received. Potatoes down on arrivals from Michigan Wisconsin Minnesota and Dakota white varieties. Minnesota and Dakota prices noted, Fowles 19 cents, springs 2.
Market report lists butter creamery at 3 cents, firsts 31 cents, seconds on 29e, packing 25 cents. Poultry quotes include eggs at 15 cents, turkeys 20 cents, hens 26 cents. preparation details noted for springs 26 cents.
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