Cotton Starts Up With Rush Then Moves Downward
Mexico news factor reports cotton prices rising briefly then easing. Market watchers note initial speculative demand followed by profit taking, pushing futures lower as trading closes.
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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
May 08, 1916
Page
11
Cotton futures rise amid early trading gains and spot strength
Cotton futures opened higher in active trading with gains up to 50 cents per bale from Saturday’s close. Afternoon selling pulled prices back 1 to 4 points, while Texas spot prices held well above Saturday levels and San Antonio bids reached 12.25 cents middling. Strong demand in New York and New Orleans supported futures, but Mexican border unrest added uncertainty as bulls rely on spot demand to lift prices and bears expect lower new crop values.
MENTIONED IN THIS ARTICLE
Cotton Exchange
Texas
San Antonio
New York
New Orleans
New York Cotton Opens Firm as Buying Interest Rises
The cotton market opened firm with 3 to 12 point advances led by July up to 11.85, October 13.02, and December 18.20 amid heavy buying from broad sources and strong stock market signals. Prices eased from morning highs but remained above Saturday’s close as July and later months attracted demand from trade and Wall Street.
MENTIONED IN THIS ARTICLE
New York, May
Hei
Commission House
Wall Street
Cotton futures close lower on varied May to January bids
New York on May 8 reports cotton futures edging down across the curve. May offers 12.72, July 12.97, December 13.20, January 13.23, with closes 1 to 3 points lower. Prices show mixed highs and lows despite ongoing market tilt.
MENTIONED IN THIS ARTICLE
New York
Liverpool Market Opens After Eleven O’clock Call
The eleven o’clock report notes Liverpool due to open Tuesday with the price points shown for New York exchange trades. Prices listed include 12.80, 12.72, and 12.89 with varying earlier quotes.
MENTIONED IN THIS ARTICLE
Liverpool
New York
New Orleans Cotton Market Rises On Opening Demand
A good demand appeared at the opening in New Orleans May cotton with prices advancing nine to ten points in the first half hour. Favorable political developments aided a higher level as profit-taking tempered gains into a steady noon session. By 1 30 prices stood 3 to 4 points above Saturday’s final quotes.
MENTIONED IN THIS ARTICLE
New Orleans
May
Cotton futures open firm with rising openings
New Orleans reports firm cotton prices with opening bids for May 12.59 and July 12.69. October 12.79 and December 12.91, January expected at 13.02. Futures closed near unchanged amid mixed trading. daily highs and lows shown for various contracts with erratic figures.
MENTIONED IN THIS ARTICLE
New Orleans
Sat
Eas
Sugar Prices and Varieties Listed by Firms in New York
In New York on May, data shows raw sugar firm prices for centrifineal at 6.52 and molasses at 5.75. Refined sugar items include cut loaf at 8.80, crusher at 8.85, mould A 8.15, cubes 15 pounds, XXXX powdered 7.80, powdered 7.75, fine granulated 7.64, diamond A 7.55, confectioners A 7.60, No 1 7.60.
MENTIONED IN THIS ARTICLE
New York
Eggs and sugar markets soften in San Antonio wholesale trade
In San Antonio wholesale channels eggs eased with country receipts up from last week and Texas eggs moving to nearby markets. Commission men offered 16 to 17 cents a dozen for top candled eggs with deductions. Sugar rose 15 cents per hundredweight to 8.40, driven by cane imports and British refiners. Dairy products and butter showed strong local demand. berries remain pricey as Texas crops run short. Hog markets were irregular while Chicago baselines guided local prices.
MENTIONED IN THIS ARTICLE
Texas
Commission
San Antonio
Cuba
Wholesale Market Prices For Fresh Vegetables And Fruits
Wholesale prices to retailers and shippers list Texas potatoes at 3.50 per hundredweight Colorado 2.25 and California 2.50. Onions show Texas Permudas 1.25 to 1.60 per crate, Florida celery 76 cents to 1 per crate, cranberries 9.50 per barrel, oranges California 2.75 per box, lemons 3.60 per box, strawberries Texas 1.60 per crate, apples Washington Winesap 2.25, and bananas 3 to 3.25 per hundredweight. Also noted are asparagus, peppers, cabbage Texas 2.75 to 38.00 per hundredweight, and other staples including beans, beets, carrots, greens, and canned goods with varied prices. Local grain and canned meats lists follow with numerous price points for commodities and seed.
MENTIONED IN THIS ARTICLE
Texas
Colorado
California
Florida
Ieee
Washington
Ben Davis
London
Californiaalifornia
Illinois
Coice Rio
Arbuckie Ariosa
Destinatio
Maxwel House
Japan
Olumbia
Alaska
Pioneer
Liberty Bell
Triumph
Sudan
Weather Observation Report Snapshot
Observations logged at 6 a.m. note air pressure near sea level and equal pressure lines. IsoTherms show temperature trends with partly cloudy to rainy or snowy conditions. Wind arrows indicate movement, with initial figures recording temperature and precipitation of .01 inch or more in past 24 hours. maximum wind details incomplete.
San Antonio Livestock Market Enters Strong, Prices Hit Year High
May livestock receipts totaled 286 cattle 88 calves 210 horses 166 hogs and 562 goats. Steers brought up to 7.50 with most between 7.00 and 7.40 and fat calves at 7.50 to 8.00 per hundredweight. Cows ranged 5.75 to 6.25 while goats faced strong demand with fat goats at 6.0. Market notes indicate national centers report irregular cattle, weaker hogs, and steady sheep amid broad receipts.
MENTIONED IN THIS ARTICLE
Union Stock Yards
May
San Antonio
Fort Worth Cattle and Sheep Receipts and Prices Report
Fort Worth Texas cattle and hog market data show receipts around 6000 cattle steady to 10 cents lower with varied classes priced from 4.25 to 9.75 per hundredweight. Sheep and lamb receipts about 7200 with lambs 9 to 11 dollars and yearlings 7.59 to 8.50, goats 3.50 to 6.25. Calves and hogs appear in mixed ranges across bulk and light categories.
MENTIONED IN THIS ARTICLE
Fort Worth
Tex
May
Reeves
Market Report from St Louis Hogs Cattle and Sheep Prices
In St Louis on May market activity showed hog receipts at 10 500 with steady tone and mixed classes ranging from 7 75 to 9 95 per cwt. Cattle receipts 2000 marked strong with native beef steers at 7 50 to 9 86 and prime yearlings around 8 75 to 10 00 per cwt. Sheep receipts 4000 held steady with wethers 7 00 to 8 50 and lambs 19 00 to 11 80 per cwt.
MENTIONED IN THIS ARTICLE
ST. Louis
Oklahoma
Kansas City Livestock Receipts and Prices May Market
Receipts and quotations for hogs cattle and sheep from Kansas City show 12000 hog receipts with a lower market and bulk bids from 9.55 to 9.76 for heavy hogs. cattle receipts at 11000 with steady to lower market and prices for Prime fed steers from 9.25 to 9.65 and cows from 5.50 to 8.25. sheep receipts 10000 with steady market and lambs ranging 9.25 to 11.60 and ewes 7.00 to 8.85.
MENTIONED IN THIS ARTICLE
Kansas City
Winter wheat forecast shows sharp drop in yield
The Department of Agriculture forecast May 1 places winter wheat output at 499.28 million bushels, down from last year’s 655.05 million and below the 16 year average. Acreage planted fell to about 33.02 million acres from 37.26 million, due to weather and Hessian fly concerns.
MENTIONED IN THIS ARTICLE
Washington, May
Department of Agriculture
Bureau of Crop Estimates
Shippers Market Prices In San Antonio Produce
Buyers paid prices for country produce delivered in San Antonio Monday. Bees weak. Texas candled eggs 16 wire. Butter firm. Texas creamery 30 81e per pound. Country 20 25c packing stock 18 29e per pound. Poultry steady. Hens per dozen 5 50 to 6 59 large friers 6 60 to 7 50 broilers 3 50 to 4 00 turkeys 4c per pound duck 4 50 to 5 50 per dozen geese 4 00 to 7 00.
MENTIONED IN THIS ARTICLE
San Antonio
Texas
Texas Creamery
Chicago Market Report Highlights Dairy Egg and Potato Trends
Butter prices ease at creamery with 26s and 20c quotes. Eggs steady with 28,465 cases received for firsts and 201,020 c at 19 19c for ordinary firsts. Potatoes drop on 67 car receipts from Michigan Minnesota and Dakota white at 85 3c, Minnesota and Dakota-Ohios at 3 88c. Poultry alive and steady with fowls at 17c.
MENTIONED IN THIS ARTICLE
Chicago
Michigan
Minnesota
Dakota
Dakota-Ohios
Local Market Quotations Kansas City May 8
Quotations today show butter prices with creamery firsts 30 cents and seconds 28 cents, packing 26 1/2 cents. Poultry prices list liens licenses and turkeys 20 cents and springs 25 cents. Fees for firsts 21 1/2 cents.
MENTIONED IN THIS ARTICLE
Kansas City
Chicago Trading Receipts Hit Markets. Hogs Cattle and Sheep Mixed
Chicago reports 44 000 hog receipts with mixed bids and strong to steady ranges for hogs. Cattle receipts near 19 000 with weak tone and varied prices for native beef steers western steers stockers heifers and calves. Sheep receipts around 15 900 with steady to higher quotes for wethers lambs and spring lambs.
MENTIONED IN THIS ARTICLE
Chicago
Ill
Liverpool Cotton Market Report May Spot Prices
Liverpool cotton on May and spot cotton rims shows good middling at 8.484, middling 8.29d, low middling 8.06d. Sales total 900 including 1000 for export and speculation. Receipts reach 5000 bales.
Futures steady amid mixed May contract quotes
Liverpool markets show May and nearby futures steady with several contract spreads listed. Quoted figures include May 0.03 percent, May-June 8.62d, June-July 7.99d, July-August 7.97d and further month-to-month rosters. The text also contains stray dialogue about a party and overindulgence.
MENTIONED IN THIS ARTICLE
Liverpool
Oklahoma City Market Report and Candidacy Question
Cattle receipts 1170 and market steady. Hogs receipts 2720 and market five cents lower, top 9.75. Sheep receipts 160 and market steady. A Treeless Query quotes Mr Meekton denying his wife would vote for him as a candidate.
MENTIONED IN THIS ARTICLE
Oklahoma City
Okla
fAor
Mr. Meekton
Henrietta
Washington Star
Denver Heights Edge Los Angeles Heights 11 10 in Slugfest
The Denver Heights baseball team beat Los Angeles Heights 11 to 10 in a Sunday slugging contest. Rees Arcaniega and List supplied steady offense while Reynolds fanned eleven for the winners and Dougall Turner and Stein worked as the battery.
MENTIONED IN THIS ARTICLE
Denver Heights
Los Angeles Heights
Rees
Arcaniega
List
Reynolds
Seo
Dougall
Turner
Stein
Pruitts Beat Harlandales in 11 to 3 Victory
The Pruitts defeated the Harlan dale Independents Sunday by 11 to 3. E Berry Biesenbach and James led the winners with strong hitting while Holmes Luna led the losers. The Pruitts also claim a forfeited game. Batteries listed as Henry Biesenbach Barry Herring and Mooney.
MENTIONED IN THIS ARTICLE
Pruitts
Harlandales
Harlandale Independents
E. Berry
Biesenbach
James
Holmes
Luna
Meier's Pharmacy to Hold City League Meeting
Meier's Pharmacy baseball team of the City League will meet at Manager B. Castro's home Tuesday night. The program for the evening includes talks on “Wets” and “cats” as announced by the manager.
MENTIONED IN THIS ARTICLE
Meier
Meier's Pharmacy
B. Castro
Cotton seed futures mix on New York brokered market
New York May 8 Cottonseed futures quotes show spot around 11 11 39 with May to December contracts listed in narrow ranges. Total sales reached 8700 units. Also includes brief humorous quotes from Louisville Courier Journal and Judge about wit and exhibition striking pictures.
MENTIONED IN THIS ARTICLE
New York
Mexican Situation Triggers Unease in New York Stocks
May 8. Initial prices rose on resumption of trading but Mexican situation and German actions in France caused unease. Mexican Petroleum American Smelting and select munitions lost up to three points before recovering led by Maxwell Motors and Texas Company. United States Steel and rails held, Fire heavy, rails inquiry paused, but later gains resumed with United Fruit and Maxwells advancing. Mexican Petroleum surged 5% in final hour as market closed strong.
MENTIONED IN THIS ARTICLE
New York
France
Maxwell Motors and Texas Company
United States Steel
United Fruit and
Maxwells
Mexican Petroleum
Weather Report for Houston District Belt Fair and Near Normal
The belt weather is generally fair with temperatures near normal. The Cotton Region Bulletin from San Antonio notes normal rainfall and overall stable conditions across stations in the Houston district for the 24 hours ending at 7:45 a.m. Allen Buell, Meteorologist.
MENTIONED IN THIS ARTICLE
San Antonio
Tex
May
Houston
Allen Buell
Weather Bureau
Cotton goods market firmer with higher prices and firm demand
New York May reports firmer cotton goods markets with higher prices for print cloths and sheets. Bleached and printed cottons advance, fine goods show limited leniency, cotton yarns remain high. Weather aids distribution but strikes among cutters in New York cause hesitation in waists and skirts. Expert demand broad, production slowed by labor security and strikes. Prices listed include print cloths 28 inch 64x648 44c, 64x60s 4c, denims 2.20, tickings 5?c, prints 7c, dress ginghams 10c.
MENTIONED IN THIS ARTICLE
New York
Standarda
Inigo
Labor Difficulties Hit Steel Output in New York
Output of iron and steel last week fell due to steel plant shutdowns as a precaution against labor unrest. Rail mills secured 160000 tons, other railroad equipment orders for about 50000 tons, locomotive builders contracted 16 engines, fabricating shops 20900 tons, and pig iron contracts totalled about 150600 tons.
MENTIONED IN THIS ARTICLE
New York
May
Metal Markets Report From New York
On May 8 lead traded around 7.40 with spot deliv ery to East St. Louis at 17% premium. Copper remained firm with August and later at about 28.50 to 30.00. Iron stayed steady with No 1 northern bids near 20.75 and No 1 southern bids around 21.00. Tin was quiet at spot about 50 to 61 dollars.
MENTIONED IN THIS ARTICLE
New York
London Metals Prices Summary
London prices show Lead at 34 15s, Spot copper 140, futures 133, electrolytic 1582. Spot tin 200 108, futures 199 14s. Prices quoted in pounds per ton with fractions in shillings.
MENTIONED IN THIS ARTICLE
London
Out of Court Talk in Fort Worth Over Beef Packers Dispute
In Fort Worth Texas a conference opened to settle charges between major U S beef packers led by Louis Swift Arthur Meeker Edward Morris Thomas Wilson and a cowmen's committee. Texas cattlemen had urged anti trust prosecutions against the packers to curb practices.
MENTIONED IN THIS ARTICLE
Fort Worth
Tex
Bie
United States
Louis Swift
Arthur Meeker
Edward Morris
Thomas Wilson
Texas Cattlemen
New York Coffee Futures Steady in May to December
May 8 New York coffee market reports steady futures with No Rio 9 Dec. grade. May futures at 8.23 and December at 8.55, signaling a stable price tone for the commodity.
MENTIONED IN THIS ARTICLE
New York
No. Rio
Weather data note from Allen Buell Meteorologist
The note states that wind speeds under one mile per hour and precipitation under .01 inch are not published hereon. Allen Buell signs as Meteorologist and clarifies reporting thresholds.
MENTIONED IN THIS ARTICLE
Allen Buell
Meteorologiat
Wheat and corn futures rise on Missouri crop outlook
Chicago market reports bullish mood as Missouri crop condition worsens versus last month and potential government figures loom. May wheat opens around 1.15 dollars, July near 1.16 with gains across grains, then unsettled close. corn follows with mixed moves and oats slide. Hog prices fall but provisions resist.
MENTIONED IN THIS ARTICLE
Chicago
Missouri
Grain and hay prices paid in San Antonio
Carlot buyers paid prices for grain and hay delivered in San Antonio. Corn markets ranged from 82 to 86 cents per bushel with various quality grades and bags. Hay offerings included Milo maize at 1.10, Kaffir corn bulk at 8 dollars, cane hay 15 per ton, prairie hay 11, Johnson grass 12, and alfalfa hay 20 per ton in New Mexico.
MENTIONED IN THIS ARTICLE
San Antonio
Texas
New Mexico
Market quotations from Chicago grain prices May eighth
Quotations show Wheat No 2 red 1.18 and No 2 hard 1.14 7/8. Corn No 3 yellow 77 1/2 cents. Oats Standard 48 49 1/2 cents. Barley 63 79 cents.
MENTIONED IN THIS ARTICLE
Chicago
Grain price quotes in St Louis market report
The St Louis market notes commodity prices for Wheat Corn and Oats with variety grades. Wheat No 2 red at 1.19 1.24 per bushel. No 2 ward nominal. Corn No 7 73 71 2c and No 2 white Three. Oats No 2 44c and No 2 white nominal.
MENTIONED IN THIS ARTICLE
ST. Louis
Kansas City Grain Prices Reported in May
Quotations for wheat show No 2 hard at 1.08 to 1.14 dollars and No 2 red at 1.11 to 1.14. Corn lists No 2 mixed at 71 cents, No 2 white at 71 cents, oats No 2 white at 43 to 47 cents, and No 2 mixed at 40 to 42 cents.
MENTIONED IN THIS ARTICLE
Kansas City
Grain futures close steady in Kansas City trading
In Kansas City on May grain futures ended steady with Wheat May at 1.08 percent, Wheat July at 1.07 percent, and Corn May at 68 percent with July contracts noted.
MENTIONED IN THIS ARTICLE
Kansas City
Jay
Provision market San Antonio provisions pricing excerpt
Local packing house quotations for Monday show dry salt items including bacon bellies 14-18 pounds at 14-18 cent average and fancy breakfast bacon plus fancy hams. Also include bacon bellies 14-18 pound average at 16 cents and pure lard at 14 to 14 1/2 cents and compound lard at 12 to 14 cents.
MENTIONED IN THIS ARTICLE
San Antonio
Bank of London
Mex
Carranza
Untitled Fragment on Knitting Exchange In Speech
A fragmented dialogue describes girls knitting and joking about speed and effort. One girl asks how to knit so fast, and another responds with a terse exchange about continuing rows and self-reward.
MENTIONED IN THIS ARTICLE
Tiwra
Avery
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