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Newspaper

San Antonio Light

Location

San Antonio, Texas, United States of America

Date

May 03, 1917

Page

11

Cotton Market Slumps Early Then Steady Decline

In May the cotton market opened with a sharp drop amid a gloomy submarine outlook and favorable crop weather. Prices remained a large net loss before a moderate late gain, New York closing 17 to 35 points below yesterday and New Orleans 24 to 35 points lower. San Antonio spots were 18.85.

Cotton Exchange May New York New Orleans San Antonio

New York Cotton Market Slips Then Rallies On Tonnage News

The New York cotton market opened 3 to 7 points lower amid gloom over submarine tonnage destruction and favorable Southern weather. July fell to 19.55 and October to 18.85 before recovering after denials of tonnage losses, with July at 19.64 and October at 18.85 by late morning, aiming to steady through the afternoon though still down from last night. No exports were reported.

New York South

New Orleans Cotton Slumps On Submarine Worries

Unease over submarine activity and anticipated Texas demand sparked heavy selling and a broad price drop in early trading. Prices opened 2 to 10 points higher but quickly slid 42 to 48 points below yesterday's close, later steadying with active months showing net losses of 29 to 34 points and closing 24 to 35 points down.

New Orleans Texas Shorts

Cotton opens steady. futures fall after early bids

New Orleans May 13 Cotton opened steady with May 19.50 July 19.23 and 18.70. December 18.78 and January 18.80. Futures showed a drop of 24 to 35 points on Thursday amid uneven trading.

New York Tober Low, Close Wed High Steneereeee Oe Ee Eee el Doe New Orleans

Liverpool Cotton Market Report May 3 Liverpool

Spot cotton prices in Liverpool rose to middling 12.96pence per pound with low middling at 12.784. Sales reached 8000 bales, 800 for speculation and export. Receipts totaled 3000 bales.

Futures Steady As Liverpool Due Open Friday

Futures trades show May 12.57d and May-June 12.50d with several distant contracts listed. LiverpooI is due to open Friday 11 to 15 points down. Cotton seed oil quotations in New York are reported for May 3.

Erpool LiverpoOl New York

Bond Approval For MacCuloch County Road District

The attorney general’s department approves issuing $40,000 bonds for MacCuloch County Road District No. 2. Bonds carry 5 percent interest, mature in 40 years with a 10 year option. The item appears amid unrelated text and jokes from Boston transcripts.

Austin Tex Attorney General's Department

Cotton Region Bulletin May Report From Houston District

The Cotton Region Bulletin notes 24 hours ending 8 a m temperatures rise across most of the cotton region with readings 6 to 19 degrees above normal in Oklahoma Arkansas and Texas interior while Carolinas show 3 to 10 degrees below normal in places precipitation occurred mainly in Arkansas interior Mississippi and extreme northern Louisiana with heavy rains at Jackson Miss Clarkendale Miss Lake Miss and Bentonville Ark. All readings from the Weather Bureau.

San Antonio Tex Houston Oklahoma Arkansas Texas Carolinas Missinappl Louisiana Tennessee Jackson Miss Clarkendale Lake, Miss Bentonville Ark Sortland

Turpentine and Resin Trade Report from Savannah

Turpentine and resin markets in Savannah show firm prices and mixed activity. Turpentine: sales 311, receipts 159, shipments 304, stock 9 385. resin: sales 735, receipts 629, shipments 606, stock 88 174. Grade prices listed with varying figures across grades and brands.

Savannah

Food and Feed Producing Club Formed in Linton

A food and feed producing club was organized in Linton San Patricio county at a mass meeting of farmers and businessmen. Officers elected: C. S. Albertson president Miller Harwood vice president W E Haisley secretary. Prominent promoters Edwin Chamberlain W R Collier J M Vance F M McCall E Davis J C Patterson and D E Olp assisted in the formation.

Linton Tex San Patricio County C. S. Albertson Miller Harwood W. E. Haisley Texas Edwin Chamberlain W. “?. Collier J. M. Vance F. M. McCall E. Davis J. C. Patterson D. E. Olp

Weather Forecast For San Antonio And East Texas

Thursday May 8 1917 summary for San Antonio and vicinity and East Texas. Tonight cloudy cooler Friday will be fair. East Texas tonight cloudy with cooler conditions in northwest and north central portions and Friday generally fair with cooler interior east and south portions.

San Antonio East Texas

Northern cattle market shows irregularity at major yards

At Union Stock Yards May 3 the northern cattle market varied 10 to 15 cents higher at Fort Worth and softer at Chicago while hogs were unsettled between 10 to 15 cents higher at St. Louis and 5 cents lower at Kansas City. Sheep rose 15 to 25 cents at St. Louis as the local market remained quiet with cattle steady and hogs slow. Receipts included cattle 395 calves 41 horses 148 hogs 164.

Union Stock Yards Fort Worth Chicago St. Louis Kansas City

Fort Worth Market Summary May 3 Cattle Hogs Sheep

Cattle receipts 6300 with higher tone. Steers and heifers 6.50 to 11.00. stockers 6.50 to 9.00. cows 5.50 to 8.25. bulls 5.50 to 5.50. calves 6.60 to 11.60. Hogs receipts 3660. market steady. bulk 15.00 to 15.25. top 15.35. Sheep receipts 2200. market strong. lambs 14.00 to 17.00. yearlings 13.00. wethers 11.00 to 13.00. ewes 10.00 to 11.00. culls 7.50 to 8.50. goats 6.50 to 9.10.

Fort Worth Tex Ilbe Lamia

Chicago Market Receipts and Quotations May 3 Hogs Cattle Sheep

Receipts and prices listed for hogs cattle and sheep in Chicago on May 3. Hogs receipts 24,000 with slow market and varied bids from bulk to heavy. cattle receipts 5,000 with slow market including native beef stockers and cows. calves and feeders. sheep receipts 10,000 with steady market and prices noted for Weberg lambs and other sheep trades.

Kansas City Market Report Shows Mixed Livestock Prices

May 3 market report lists Hog prices at 5 cent lower. bulk hogs around 16. abit. 85. Cattle receipts 2000 with firm to steady trade. Prime fed steers 12.00 12.76. dressed beef steers 9.50 12.00. southern steers 7.50 11.00. cows 6.50 10.75. heifers 9.00 11.50. stockers 8.00 11.15. calves 8.00 12.25. Sheep receipts 6000, market steady with lambs 14.00 17.40, yearlings 12.50 15.00, wethers 12.00 14.50.

Chicago Ill Kansas City Tle

Local Market Prices Edge Down on Key Produce

Wholesale prices for white potatoes slipped to 5.25 per hundredweight, Mexican tomatoes to 2.25 per log box, and California lettuce to 2.50 per crate. Cabbage ranged 5.56 to 6.00 per hundredweight as earlier rates fell from 7 and 7.50. Minor gains posted for dry salt extras to 2 cents, bacon extras to 26 cents, dry salt bellies to 26 cents, and pure lard to 24 percent cents. other wholesale categories held steady.

California

Shippers Market Prices From Thursday Trade Summary

Jobbers report prices to retailers with commissions excluded. Fees steady. Texas country butter and poultry prices shown with varied weights. Hens and friers range from about 5.60 to 9.00 dollars, turkeys 17 to 18 cents per pound, ducks 7 to 8 dollars per dozen, geese 12 to 15 dollars per dozen.

Texas Texas Creamery

Chicago Market Quotations May 3 1930s data

Quotations today show butter unchanged and creamery at 32 38 4 sc. Eggs higher with receipts 22 364 cases. Firsts 32 33c. Potatoes unchanged. Veccinis 40 cars. White oats across Idaho Colorado Washington Oregon at 2 60 2 65 and Wisconsin Michigan white at 2 40 2 60. Poultry alive unchanged with fowls 22 c.

Chicago Idaho Colorado Washington Oregon Wisconsin Michigan

Price quotes from Kansas City markets May 3

Quotations today show butter at 3 1/2 to 3 3/4 cents per pound for creamery firsts, 37 cents. seconds 36 cents. packing 29 cents. Eggs: firsts 31 cents. Poultry: hens 20 1/2 cents, roosters 16 cents, turkeys 25 cents. Potatoes 2 dollars 65 cents per hundredweight.

Kansas City

Provision Markets Quoted for Dealers on Thursday

Local packing house quotations list dry salt meats and lard products with prices. Dry salt extra and baby bacon options range around 23 to 26 cents per pound. Fancy bacon and hams priced, lard and cheese rates noted. 14 to 16 pound bellies cited, other items include compound and American cheese per pound.

St Louis Live Stock Receipts and Prices May 8 Iowa

Livestock market report from St Louis shows hogs up 14 to 15 cents with prices from 15.20 to 15.90 per cwt for various grades. Cattle receipts 1800 with mixed beef, cows, stockers, and calves priced from 4.25 to 13.00 per cwt. Sheep receipts 800 with lambs quoted at 15.00 to 16.40 and ewes around 9.50 to 12.00, and clipped lambs listed.

ST. Louis

State banks to enter federal reserve system

State banks plan to join the federal reserve system soon, announced by the Federal Reserve Board. Leading state institutions have informed of their intention to apply for membership after completing necessary formalities. The move aims to pool reserve money under joint management to support industry, commerce, and public finances nationwide.

Washington, D. C Federal Reserve System Federal Reserve Board

Wheat Prices Jump on German Chancellor Delay News

Chicago May 3 Wheat prices surged as speculation and post ponement of the German chancellor's speech spurred buying. May rose to 2.80 and cash wheat hit 3.14 a bushel, with July at about 2.26. Corn and oats gained, but demand remained light and provisions weakened.

Chicago Winnipeg Seaboard

Wheat and corn futures prices quoted in Chicago market

Chicago on May 3 reported cash wheat at No 2 red and No 2 hard around 2.95 to 2.96 a bushel. Corn No 2% yellow at about 1.58 to 1.60. Barley traded near 1.25 to 1.65. Standard bid/offer noted.

Chicago

Wheat and oats prices in Kansas City report

Quotations listed for May 3 with cash wheat as No 2 hard 2.98 to 3.04, No 2 ae 2.98 to 3.04, No 2 mixed 1.52 to 1.83, No 2 white 1.62 to 1.63. Oats show No 2 white 72 to 78 cents and No 2 mixed 71 to 72 cents.

Kansas City

Grain futures close with mixed gains across wheat and corn

Kansas City grain markets closed with Wheat May at 2.84b, July 2.24, September 1.90. Corn May 1.82, July 1.44, September 1.33. Market activity reflected modest shifts in price across contracts.

Kansas City

Money Markets Report From San Antonio

Trading in Mexican money in San Antonio Thursday showed quotes but are incomplete due to garbled OCR. The fragment mentions exchange activity and a named individual LeLevEee, but specific rates or counterparts are not readable.

San Antonio San Antonio Light

New York Sugar Prices Steady in Quiet Market

New York May 3 raw sugar quiet with centrifugal at 6.27 dollars, molasses 5.39, dyelined steady. Fine granulated sugar listed at 7.50 dollars.

New York

Money market brief from New York trading desk

Time loans for 60 days at 4 4 percent and 90 days at 4 percent, with similar rates for other month periods. Call money remains strong with bids around 3 to 4 percent and the ruling rate at 4 percent. The last loan traded at 4 percent, with closing bids quoted at 3 percent.

New York

Wheat and oats price quotations from St. Louis market

In St. Louis on May 3 quotations for wheat and oats were listed. No. 2 red wheat at $2.95, No. 2 hard wheat range $1.57 to $1.68, No. 2 white wheat omitted, No. 2 oats at $0.69 per bushel, No. 2 white oats not specified.

ST. Louis Hard Corp

New York Coffee Market Report May Includes Mixed Futures

New York coffee prices show modest declines with futures easing on May contracts. May futures listed around 7.90 and July at 10, reflecting softer demand and steady positions in the trading ledger.

New York

Weather Bulletin Note From Agriculture Department

Weather Bureau bulletin notes wind under ten miles per hour and precipitation under .01 inch not published. Allen Buell, Meteorologist, signs the release.

Allen Buell Weather Bureau

Rice market update in New Orleans bids and prices

In New Orleans on May 8 rough and clean rice remained strong with good demand. Receipts totaled 450 rough sacks and 405 millers sacks plus 9165 pockets of clean rice. Sales included 40 rough sacks of Blue Rose and 140 pockets of clean Honduras, with Blue Rose totaling 674. Quotations list rough Japan 5.00 to 7.00, Blue Rose 5.00 to 7.00, others unchanged.

New Orleans Honduras Japan

The Advent of Electric Light and Realistic Stage Craft

The Review of Macens credits electric light with spurring major stage innovations. Proscenium framing replaced the apron, realism grew as scene builders aimed to reproduce life in detail, and actors began to perform without constant audience awareness, reshaping modern drama.

Macens Ibsen

Metal Markets report from New York Metals May 3

Lead steady at 10 Sosites 4 firm with spot East St. Louis delivery. Copper unsettled with electrolytic spot and Q2 at 30.90 to 31.00. Later deliveries 26.00 to 30.00. Iron firm and unchanged. Tin steady at spot 58.25 to 59.00.

East St. Louis Allis-Chalmers Atchison Eerees Lll Baldwin Locomotive Ee Baltimore & Ohio Pacific Central Leather Chesapeake & Ono Colorado Fuel & Iron Consolidated Gas Crucible Steel General Electric Great Northern Great Northern Crest International Nickel International Paper Kansas City Southern Kennecott Co Louisville & Sasaylle Eves Liggett & Myers Somiara Company Maxwell Motors Pennsylvania Ray Consolidated Copeeseess Reading Rep Iron & Steel We Seaboard Air Line Sloss Shef Steel Southern Pacific Southern Railway Eenree Studeker Corporation Tennessee Copper

New York Money Markets Report May 3 Mercantile and Sterling Rates

Mercantile paper 4 percent and 44 percent. Sterling 60 day bills 4.72. Commercial 60 day bills on banks 4.71 percent. Demand 4.75 percent. Cables 4.76715. Guilders demand 40 percent cables 41. Bar silver 75 and a third percent. Mexican dollars 58. Government bonds and railroad bonds described as weak.

New York Mercantile Paper

Bar Silver and Money Rates in London

London reports bar silver at 31 percent per ounce with money at four percent. Recount rates show chart bill at four percent, three months advancing to four and thirteen sixteenths percent.

London

London Metals Prices Reported Amid Market Fluctuations

London market notes on May 3 show lead at 30 pounds 10 shillings, speler at 54 pounds, spot copper 130 pounds, futures 129 pounds 10 shillings, electrolytic 142 pounds. Spot tin 229 pounds 108 shillings, futures 123 pounds 5 shillings.

London

Corpus Christi Fish and Packing Company Charter Filed

The Corpus Christi Fish and Packing Company of Corpus Christi filed its charter in the state department. Capital stock is $25,000. Incorporators are J r. Atman, Duke Onatman, and P. O. Cox, all of Nueces county.

Austin, Tex Corpus Christi Fish and Packing Company of Corpus Christi State Department Jr. Atman Duke Onatman P. O. Cox Nueces County

Federal Reserve Board notes wartime readjustment but no distress

In its monthly review the Federal Reserve Board reports that national business conditions remain broadly stable despite the United States entering the war. Across districts there is readjustment in progress yet no industrial financial or commercial distress is evident from wartime changes.

Washington, D. C Federal Reserve Board United States

Cornerstone laid for parish room as neighbor jokes

In a humorous scene Jenkins asks what makes that hen of yours cackle so loudly. The neighbor replies that they have just laid a cornerstone for the new parish room across the road and suggests the hen is trying to claim credit.

Jenkins

Stocks Fall as Liquidation Widens on Opening

New York May 3 Stocks slipped further at the open as discouraging official commentary on foreign conditions raised liquidation. Equipment and munitions led losses of 1 to 3 points with rails and shipping shares dipping toward new lows. United States Steel and others fell 2 to 5 points, closing weak after renewed selling in the final hour.

New York United States Delaware & Hudson

Wholesale Produce Prices from Texas Growers Market

Wholesale prices to trade include potatoes onions tomatoes cranberries sweet peppers beets carrots cabbage radishes asparagus celery turnips lettuce squash beans sweet potatoes English peas spinach rhubarb strawberries dewberries apples pineapples bananas oranges grapes lemons limes dried fruits sugar coffee rice molasses honey garlic chili peppers canned fruits vegetables meats fish and staples. Prices vary by item and origin Texas California and Mexico are named for several commodities.

Texas Florida California E. Fresa Ben Davis Missouri Skee J. M Maxwell Maxwell House Japan Maine Illinois Columbia River Alaska

Also Mentioned on This Page

Galveston NEW York Futures Eresveceeses Lad High Sreeeveveseeld Ois Dan Seeerenne Pete Ween Boston Transcript Safeasa Bank the House OF Security Cotton Statistics U. S Mobile Ala Charleston Wilmington Norfolk Boston Mass Cseres Sues Interior Movement Great Britain France Continent Mexico Ments Stock Eae Eotpte Augusta Tenn St. Memphis Cotton Region Bulletin Max Min Abilene Huntsville Kerrville Ptcidy Lampasas Food Producing Club Hich U. S. Department of Agriculture Weather Bureau North St. Lowle Cssesrsee Fort Worth Livestock Chicago Livestock Shippers’ Market Acne Ale Chicago Grain Futures Money Markets LeLevEee Bank of London and M Mex New York Sugar U. S. Department OF Agriculture Weather Bulletin Arid Saul. Wuhr Bilene Tex Amarillo Atlanta Birmingham Brownsville Jacksonville Kansas Key Louisville, Og Oklahoma City Antonio Tampa Fla Aylor Tex, Sw Metal Markets NEW York Metals NEW York Exchange London Metals M. Marucheau Grain CO NEW York Stock List the Central Trust Co Capital Bank and Trust Company Our Land Department John J. Stevens Steves Sr John Fest Otto Wahermund J. O. Terrell Jesse D. Oppenheimer Charles Schreiner R. BR. Russell Adolph Wagner Dick O. Terrell G,. Bechtel John T. Wilson Sam C Bell Alfred Duerler Ed Rand M. W. Terrell Jrs Koehler C.F. Es Atlee B. Ayres New Mexico Dallas Times-Herald Paso Her Ft. Worth Star-Telegram Houston Chronicle The Great Southwest
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