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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
May 15, 1916
Page
11
A notice from Homesteads Colville Indian Reservation Washington offers settlement lands likely about 100000 acres of fruit farm and dairy land. A complete sectional map and description are available postpaid for 1 dollar from Smith and McCrea room 62 Eagle Ridge Spokane Washington.
429 acres 16 miles from Cotulla includes 160 cultivated 40 irrigable land two wells one windmill 200 acres hog proof rich mesquite land sacrifice price 15 per acre Walter Ocize 303 Frost Ride
May 15 report on methods of packing and shipping American goods for export to satisfy foreign buyers to be demonstrated at the National Association of Manufacturers annual convention in New York. Representatives from India Australia Sweden China Greece and Japan will join a conference on postwar American export trade development.
Classified notice offers three first class solicitor positions at Barr Studio located at 211% Ave. Readers are invited to apply for the roles. The ad emphasizes a splendid proposition and directs applicants to Barr Studio for details.
Cotton prices begin weak as new selling develops. Liverpool markets show lower quotes and anxious traders for the day.
The principal spot markets furnish daily quotations to aid saving and selling of cotton. The middling grade is quoted and, unless specified, the price applies to cotton delivered at the market.
The cotton market rose briefly on May 15 with July at 18.02, October 18.19, December 13.33, but soon eased 5 to 6 points amid rain prospects and profit taking. New Orleans sellers and private Liverpool cables showed limited activity as futures retreated to near Saturday's close after eastern belt rain forecasts and western frost worries cooled the rally.
May contracts at 12.93 while July 18.61 October 18.18 December 13.32 and January 13.38. Futures settle 4 points lower to 3 points higher with Liverpool open Tuesday from 1 to 2 points lower. Odds of 13.66 noted for OCONEE as 15-33 irregular text appears.
Buyers in San Antonio paid prices for cotton delivered at local compresses on Monday. Grades and prices include strict low middling and good ordinary figures, with figures obscured in OCR.
In New Orleans on May 15 cotton opened higher by 7 to 8 points from the prior close but failed to hold gains. By midmorning prices rose 2 to 8 points, then eased on rain fears and selling to 4 to 7 points under Saturday's noon close. The market turned dull after the noon hour with prices at 4 to 10 points down net at 1:30.
Cotton futures in New Orleans opened steady with May at 12.76 and December near 18.10. Closing prices eased by 1 to 8 points from the session peaks with July around 12.98 and January near 18.19 amid thin trading.
May 18 market notes show Spot cotton end Good middling at 8.654, middling 8.494, and low middling 8.264. Total sales reach 10,000 bales with 1,000 exported or speculated. receipts 16,000 bales.
Futures were quiet and steady in Liverpool with quotes for May and various later contracts. Notable rates included May 8&.26d, May-June 8.22 4, June-July 8.184, and further values through April-May and May-June contracts.
Fragmentary OCR note records observations at 8 a m with air pressure at sea level and notes on lines and passes. Contains unclear terms and corrupted phrases not forming a full report.
This week marks the end of the strawberry season as produce buyers receive the last carrot shipment of the season. Households are urged to buy now while crates offer 24 quart boxes at 2.95 dollars and 24 pint boxes at 1.25. Prices elsewhere show potatoes, lemons, oranges, and limes moving higher as supply shifts and demand rises.
Buyers paid mixed prices in San Antonio on Monday for country produce. Eggs weak with several grades noted, poultry steady with large fryers and broilers priced, turkeys ducks and geese listed per dozen or per pound. Prices include Texas country candied and creamery eggs and packing stock values, reflecting uneven demand.
May 15 market news shows Butter firm with quotes around 26 to 28 1/2 cents. Creamery receipts 29,495 cases with firsts 29 to 21 cent range and ordinary firsts 19 to 19 1/2 cents. Potatoes down with receipts 50 cars. Midwest eggs steady with chick prices. poultry alive lower with fowls at 17 1/2 cents.
May 15 quotations show butter at Creamery 30 cents firsts 24 cents seconds 26 cents. Eggs listing 21 cents. Hens and turkeys prices noted 20 and 25 cents respectively. springs at 25 cents.
A meeting of the Chamber of Commerce insurance committee is set for Thursday to discuss remedies against a proposed 33 1 3 percent hike in fire insurance. Merchants and insurance men are urged to attend to prepare delegates for the State Fire Insurance Commission in Austin on May 25. The conference aims to argue against the flat rate increase and urges proposals to render it unnecessary.
Houston bankers vote on calling a special Texas Bankers Association meeting to consider the Federal Reserve Board ruling on country wide clearings. If a majority favors it, the meeting may be held in Dallas on May 24.
Four San Antonians were sent to Marathon to drive army motor trucks between Marathon and Boquillas. The drivers are W. L. Reynolds, C. C. Tatum, Charles Tatum, and O. W. Houchins. Four trucks will operate between Marathon and Boquillas with more trucks and drivers planned.
On May 15 arrivals recorded include Posillipo from Norfolk and Mount Vernon from Nov. at Galveston, with Barrios from Fort Morgan and Pu erto Mexico noted. In New York on May 15 the Anda nia arrived from London via Halifax.
Cotton seed oil futures and spot prices end steady in New York. Spot price ranges from 9.23 to 11.93, with May to December contracts listed, and total sales reaching 13,100 units.
Market brief notes cotton pricing in San Antonio with quick read on current bids and prevailing levels. Highlights indicate buyer demand shifts and regional price comparisons for the commodity.
The San Antonio livestock market held steady in all divisions while northern markets reached new highs. Hog prices topped at 11.50, western lambs at 12.10, and Texas goats at 6.10, the highest ever paid. Steers to 7.25, cows 5.50 to 6.50, calves 7 to 8, shots 8.78 to 9.25, and sheep and goats 4.59 to 5.00. receipts included 114 cattle, 377 calves, 47 horses, 123 hogs, 51 sheep.
Fort Worth Texas May 16 cattle receipts 5600 steady with Beeves 6.50 to 8.60 stockers 5.50 to 7.00 cows 4.50 to 7.50 heifers 5.50 to 8.60 bulls 4.25 to 6.26 calves 4.50 to 9.00 hogs receipts 6006 up 15 cents bulk 9.64 to 9.85 heavy 9.30 to 9.95 medium 9.80 to 9.90 mixed 9.70 to 9.80 light 9.75 to 9.90 common 8.00 to 8.75 pigs 5.00 sheep receipts 7500 up 25 cents lambs 9.00 to 12.00 yearlings 8.00 to 6.00 wetherns 8.00 to 8.50 ewes 7.0 to 7.7 culls 4.50 to 5.50 goats 4.50 to 5.75.
Kansas City reports receipts and price ranges for hogs and cattle. Hogs: receipts 13,090 with higher values across bulk, heavy, light and pig classifications. Cattle: receipts 10,000 with prime fed steers up to 9.76, dressed beef steers 8.00 to 9.85, cows 5.50 to 6.50, stockers 7.00 to 8.90, heifers 7.25 to 9.75. Sheep: receipts small with strong tone. lambs 9.60 to 12.15, yearlings 8.50, wethers 7.75 to 9.50, rams 7.50.
Chicago May 18 receipts and quotations show hogs at bulk 10.05 to 10.20 and 10.30 for heavy. cattle receipts 14,000 with native beef cattle 8.00 to 10.15, western steers 8.10 to 9.10, calves 7.00. sheep receipts 12,000 with ewes 7.50 to 9.70 and lambs 8.60 to 13.50, market firm to strong.
Receipts total 11 609 hogs with higher prices across grades led by rigs and lights at 9.69 to 10.15 and bulk hogs at 10.90 to 10.20. Cattle receipts around 2 000 with higher values. native beef steers quoted 7.50 to 9.85, yearling steer and heifer ranges 8.50 to 9.55, cows 5.20 to 8.26, prime southern steers 9.00 to 9.60, native calves 6.00 to 10.50. Sheep receipts 1 500 with strong tone. wethers 7.00 to 8.50, lambs 10.00 to 12.29, clipped lambs 9.00 to 10.15, clipped ewes 7.50 to 8.50, spring lambs 10.00 to 14.00.
Boston May 16 A charter demanding 74000 per month for the steamer Kansas owned by the American Hawaiian Steamship Company was secured today. The document is noted as one of the largest ever written for a vessel.
A Svendborg dispatch describes extreme shipping squeezes with vessels like the Marie of Troesnee built 1886 and the Trende Brodre of Marstal built 1876 rigged to sail again to meet soaring freight rates.
On May 15 in New York the raw sugar market shows quiet activity with Centrifugal at 6.52, molasses 5.75, refined sugar firm with multiple variants including leaf 8.80 and crushed 8.65. Prices for powdered, granulated, and diamond grades range from 7.65 to 7.80, with No. 1 at 7.50.
New York Sun notes unusual rings brought from France. Soldiers melted fuse metal from German shells to form rings as keepsakes for family and friends. Early rings used melted aluminum, then cast discs later refined and polished. Some rings bear engravings or inset copper pieces.
The stock list opened in firm position with variable gains led by Reading and Willys-Overland new highs. Studebaker rose again as Maxwell and other rail and oil shares advanced amid stronger mid-session activity before modest selling and a stronger close.
Times notes easy money with 60 and 90 day bills at 2 to 8 percent, six months at 3.3 percent. Call money remains easy with high 1 percent and low 1 percent, ruling rate 1 percent, last loan 1 percent, closing bid 1 percent, offered at 2 percent.
Mercantile paper 3 percent. Sterling 60 day bills 4.72 percent demand 4.75 percent. Cables 4.767 16. Guilders demand 4 5? cables 4 10. Bar silver stable. Mexican dollars 58 and a half cents. Government bonds steady, railroad bonds firm.
Lead at 7.457.55 with weak spot in East St Louis delivery noted. Copper firm with August and later around 29 90430.09. Tin steady near 48 75 to 749 25. No. 1 and No. 2 alloys quoted for northern and southern markets with prices listed.
London market update shows lead at 88 pounds after May 10s, speltter 98 pounds, spot copper 143 pounds, futures 149 pounds, electro lytic 158 pounds. Spot tin 147 pounds, futures 197 pounds sterling.
In New York on May 15 the coffee futures trading for No. 7 Rio shows steady action with May at 41 cents and December at 70 cents.
Allen Buell notes wind under ten miles an hour and light rain in places. The Houston District reports temperatures above normal for the 24 hours ending 7:45 a m. eastern parts cloudy with showers while other areas see generally falling conditions. Rain in excess of amounts at Calico Rock Arkansas and Dyersburg Tennessee.
New York May 15 Agents of the entente allied government last week placed contracts with American mills for a little more than 100000 tons of blooms and mound steel bars for projectiles. Shipments are to be made three year. The April unfilled tonnage report shows orders taken exceeding shipments by 19492 pounds per day. Railills contracted 42000 tons of standard and light sections. Locomotive shops ordered 170 engines. Car shops 436 cars. 6000 to 7000 more orders pending, about a third for domestic roads. Fabricating shops booked nearly 26000 tons of steel and pig iron purchases reached 100000 tons.
New York May 15 Cotton markets firm but quiet with advances in print cloths and some sheetings while demand for wide heavy sheetings for bagging wanes. Retail distribution hindered by cool weather though retail and jobbing trade remain active. Yarns rise. prices hold top levels. Quoted rates include print cloths and denims among others.
Wheat in Chicago rose and fell amid rains in the southwest and reports of Hessian fly in Kansas, closing unsettled. Corn strengthened briefly before turning steady as weather delays and wheat’s course influenced trading. Provisions rose on higher hog prices, with commission houses as the main buyers.
Monday grain and hay purchases in San Antonio report Texas No. 8 white corn at 86 to 87 cents, oats at 44 to 53 cents, and several hay grades with bulk prices ranging from 1.10 to 20 dollars per ton. Prices include Milo maize No. 8 bulk 1.10,erta No. 3 bulk 1.12, prairie hay 11, Johnson grass 12, alfalfa hay 20.
In Chicago on May 15 the market shows Wheat No 2 nominal and No 2 hard prices around 1L18% plus, Corn No 2 yellow at 75 76, Oats Standard 47% asey, Barley 62 3800 red.
In St. Louis on May 15 the market reported grain quotations with Wheat No 3 ped at 1.19, Corn No 2 at 30, No 3 white tea oats No 2 at 48, and other varieties nominal or unchanged.
OCR fragment lists mixed wheat quotes and numbers for No 2 grade and perime, with prices 40 42 cents and 46 cents. No clear event or people identified.
Kansas City reports grains finish steady on May futures with May corn at 68% and July at 69% while soybeans and other grains show minor gains and losses. The market reflects cautious demand alongside supply expectations.
Local packing house quotes for Monday include dry salt bacon at 144 cents per pound, dry salt bellies 14 to 16 pounds, breakfast bacon, fancy hams, lard at 14 and 18 cents per pound, and related items.
A natural gas well near Denison Texas produced an estimated 1 000 000 to 5 000 000 feet daily. The depth reached about 500 feet and was brought in by a local company.
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