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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
May 06, 1916
Page
7
City Clerk Fred Fries gives notice by publication of a resolution concerning Lavaca Street between Water Street and Labor Street. The notice outlines the matters and actions contained in the resolution as published.
San Antonio city officials order a public hearing on May 18 1916 to approve Lavaca Street improvements from Water Street to Labor Street. The project includes 3 inch Valde rock asphalt wearing surface, curbwork, and related drainage with costs split between city and abutting property owners under the procedure ordinance.
Saratoga Springs report to the general conference says demand for foreign missionaries exceeds supply. Last year only 50,000 dollars was available while 368,000 was requested. The society notes 50,000 pupils enrolled in Methodist schools abroad.
New York money markets report mercantile paper at 3 percent. Sterling 60 day bills at 4.72 percent and demand 4.75 percent, cables 4.76 percent. Bar silver at 76.5 cents, Mexican dollars at 59.5 cents. Government and railroad bonds steady to firm.
London on May 6 reports bar silver at 37d per ounce. Money rate 4 4% percent. Discount rates show short bills and three months at 4% and 4% per cent respectively.
At 8 a m the barometer and air pressure at sea level are noted. Continuous lines indicate pressure, dotted lines temperature, and arrows show wind direction. Precipitation yesterday none, total since January 1 is 2.96 inches with a daily deficit of 2.96 inches.
Active opening today shows speculative interest rising on the German note. Shipping stocks lead gains with Marine and United Fruit advancing. autos and steel also rise as market-wide sentiment firms on crisis relief. Mexicans surge late with petroleum up sharply. bonds stay firm.
Carrot buyers posted prices for grains and hay in San Antonio on Saturday. Corn values ranged from Texas No 3 white to Northern No 3 white, with oats and sulpherside noted in sacks. Hay prices covered Milo maize bulk, Kaffir corn, cane hay, prairie hay, Johnson grass, and alfalfa hay with per ton figures and premiums.
The weekly statement shows New York clearing house banks and trust companies hold 95,902,190 dollars in reserve beyond legal requirements, a decline of 2,344,920 dollars from the previous week.
Cattle receipts 260 steady with beeves 6.50 to 9.00 and cows 4.50 to 7.50. Hogs receipts 1600 strong with bulk 9.50 to 9.70 and heavy 9.75 to 9.80. Sheep receipts 3400 steady with lambs 9.00 to 11.00 and ewes 6.50 to 7.50.
Kansas City market notes show hog receipts 6500 with strong bid levels 9.60 to 9.85 for bulk, pigs 8.50 to 9.25, cattle receipts 1509 with steady trend and meals for prime fed steers 9.75, dressed beef steers 8.00 to 9.25, cows and heifers price ranges, sheep receipts 2400 with steady tone and lambs 11.00 to 11.60, yearlings 9.78 to 11.28, wethers 8.75 to 9.50, ewes around 8.00.
Chicago reports receipts of 9000 hogs 200 cattle and 2090 sheep. Hogs show bulk 9.50 to 10.00 light 9.45 to 10.00 mixed 9.60 to 10.00 heavy 9.50 to 10.00 pigs 7.25 to 9.15. Cattle quoted native beef steers 7.90 to 9.99 western steers 7.90 to 9.90 stockers 5.90 to 8.50 calves 6.25. Sheep steady with wethers 6.90 to 9.30 lambs 7.75 to 11.76.
ST LOUIS Mo May 6 Receipts 3600 market steady Pigs and lights 7.75 9.90 mixed and butchers 9.75 9.95 good heavy 9.90 8.9b Cattle Receipts 50 market steady Native beef steers 7.69 9.85 yearling steers and heifers 8.50 10.00 cows 5.25 8.26 stockers 5.50 9.50 Texas and Oklahoma steers 5.75 8.75 cows and heifers 4.50 6.00 native calves 6.00 10.00 Lambs Receipts none market nominal Wethers 7.00 8.50 lambs 10.00 11.80 clipped ewes 7.50 8.28 clipped lambs 8.00 9.6
F C Weinert and Peter Radford state warehouse managers return from Houston where the Texas Bankers Association convention endorses financing the cotton crop with warehouse receipts and favors receipts issued by state bonding warehouses as first class collateral. The bankers also endorse Dallas conference committee resolutions.
Police ridiculed a private investigator's tale that a skull found in a ho use of a recently deceased negress might be Mrs Belle Gunness. Authorities insist Gunness died in the 1908 fire at her farm and did not escape.
Chicago May 6 Wheat prices rose after news of Hessian fly infestation in twenty nine Kansas counties and expected continued blue-green bug damage in Oklahoma. Early quotes showed gains of about one cent with May at 1.12 1/4 to 1.13 1/4 and July at 1.13 1/4 to 1.14 1/4.
Quotations recorded: Wheat No 2 red nominal, No 2 hard FL 1d%. Corn No 2 yellow 77 78c. Oaten standard 48 49c. Barley 63 68c. Additional figures or context not provided.
Kansas City market reports show today’s quotations for wheat corn and oats with prices across grades. Wheat No 2 hard at 1.08 to 1.14 and No 2 red 1.11 to 1.14. Corn No 2 mixed 71 71 1 2 cents and No 2 white unchanged. Oats mix at 40 to 47 cents and futures close steady with May wheat 1.0 5 to 1.07 for July corn 79 3 4 cents for May and 71 4 1 2 cents for July.
Market watchers note renewed confidence in international affairs pushes cotton prices higher, though the rise remains modest. Analysts cite cautious optimism and subtle demand signals as factors behind the small upward move.
Quotations from principal cotton markets show middling grade prices for delivery at market mid points. The table lists values for San Antonio New Orleans and other bases with volumes noted, indicating daily basis for buying and selling across the country.
The cotton market opened firmer with active trading as May 12.62 July 12.67 and October 12.82 led the advance. Bullish geode and old crop outlooks boosted sentiment while selling pressure cooled, leaving most active months 22 to 27 points higher near the close with July at 12.79 and December at 18.09.
New York May 6 cotton futures opened firm with July at 12.58, October 12.65, December 12.87 and January 12.94. Trading remained active as prices showed higher highs and lows before the close.
Buyers in San Antonio paid listed prices for cotton delivered at local compresses Saturday, reflecting market activity and competing bids as receipts show.
New Orleans May 6. A better sentiment over the submarine issue spurred brisk buying at the open. Shorts covered and sellers largely from recent buyers were ready to take profits. By midmorning the market showed a net gain of 17 to 19 points.
New Orleans on May 6 reports cotton futures opening steady with May at 12.24, July 12.44, October 12.47, December 12.68, and January 12.74. Prices show a high for the day near 12.84.
Cash cotton in Liverpool on May 6 shows steady values with good middling at 8.384 pence, middling 8.184, and low middling 7.94. Trade reports indicate 6000 bales saved, including 600 for speculation and export, against 4000 bales receipts.
Market activity remains quiet as futures drift through May with slight adjustments in the curve. Notable spreads show May to May through April contracts hovering around 7.6 to 7.9 percent, indicating muted near term volatility.
Quotations show No 2 red wheat at 1.21 to 1.28 dollars, No 2 hard nominal, No 2 corn at 71 and 75 cents, No 2 white at 75 cents, oats No 2 and No 3 white nominal in the St Louis market briefing.
New York coffee notes show No. 7 Rio steady at 9 cents a pound. May futures quoted at 8.99 cents and December prices indicated. Port names and regional mentions appear as placeholders with no complete context.
Local packing house quotations for Saturday trade show dry salt extra at 14 C bacon extra 15 C dry salt bellies 14 16 pound average 16 C fancy breakfast bacon 26 C fancy hams 21 C bacon bellies 14 16 pound average 18 C pure lard 18 C compound 32 C
Elgin Illinois May 6 butter market reports 100 tubs sold at 89 cents per pound.
W C Durant president of the Chevrolet Motor Company declared in New York that reports of a consolidation of Michigan motor car builders involving over 200 million dollars are false. He said Chevrolet is not interested directly or indirectly and has no time or possibility to absorb other firms.
Spot buys at 11.00 with May at 11.00 11.10 and June at 11.10 11.20. July 11.22 11.26, August 11.29 11.30, September 11.30 11.35. October 10.26 10.27, November 9.40 9.41, December 9.80 9.31. Total sales reach 12,800 units.
Prices paid in San Antonio on Saturday for country produce include butter and creamery items around 31 to 38 cents per pound, country goods at 20 to 25 cents, packing stock at 29 to 22 cents per pound, poultry steady with hens 4.50 to 5.50 per dozen and broilers 3.80 to 4.00, turkeys 15 cents per pound, ducks 4.50 to 9.50 per dozen, and grease 7.00 to 9.00 per dozen.
Butter prices ease as receipts reach 9050 tubs at 27 30 cents per tub. Eggs show 26 081 cases to a flat market. Potatoes drop on 20 car receipts from Minnesota Wisconsin and Dakota. Poultry alive prices fall to 17 18 cents per pound for fowls.
Quotathons to Butter creamery 33c firsts 3ic sec onds 29c packing 25c. Egee firsts 21c. Poutry hens lic turkeys 20c springs 25c.
Raw sugar values show centrifugal at 6.52 dollars and molasses at 5.75. Refined sugar climbs 15 points. Various forms list up to 8.80 for cut loaf and 7.76 for powdered sugar. confectioners and granulated grades range from 6.75 to 8.15 with several labeled types.
In New Orleans on May 6 the market held steady with clean rice grades firm. Receipts totaled 693 pockets, and sales also 693 pockets with Honduras at 4 clong and Japan at 8 Side providing price anchors.
Reports from Savannah on turpentine and resin firms show May activity with sales, receipts, and shipments tallied. Notations detail grade prices and stock levels across multiple categories, reflecting regional industrial metrics.
Marine intelligence report from Galveston dated May 6 lists arrivals and departures. Vessels El Monte arrived, while San Jacinto El Mundo Victoria de Larrinaga Barrios and others sailed from New York, Manchester, and Bergen.
The copper market in New York on May 6 showed strong demand with prices unchanged. Availability for delivery before September is limited as supplies are well cleaned up, with quotations from 28% to 29% for August and later deliveries.
General V A Soukhomlinoff former Russian minister of war has been imprisoned in the fortress of Peter and Paul following a Petrograd dispatch noting a military inquiry into criminal negligence and high treason linked to his tenure commanding the Russian army.
General Soukhomlinoff resigned as minister of war last June and was expelled from the council of the empire by the emperor in March this year. An inquiry into alleged insufficiency of munitions for the army was ordered.
Justice Department agents were said to be probing the American citizenship claims of J. B. Starr-Hunt who faces a death sentence in Singapore. Starr-Hunt, reportedly the son of a Mexico City attorney, served on the steamer Maverick accused of aiding a plot to foment a rebellion in India. The Maverick is interned at Batavia, Jamaica.
Temperature and rainfall report for the Houston district stations for the 24 hours ending 7:45 a.m. east of the 75th meridian. Weather generally fair with temperatures near normal. Ellen Buell, Meteorologist, Weather Bureau.
Weather bulletin notes wind speeds under ten miles per hour and precipitation below .01 inches are not published. Allen Buell signs as meteorologist for the U S Department of Agriculture.
In Corpus Christi Texas on May 6 the Travelers' Protective Association of Texas completes its annual convention with about 500 delegates. L B Carlton of Houston is slated for unanimous election as president, succeeding E R Holland of San Antonio. Fort Worth leads bid for 1917 convention, Victoria a strong rival.North Texas favored for Panther City’s win.
Davenport Iowa May 6 The Mississippi River topped 15.9 feet today believed to be the flood's highest stage.
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