Foreign situation casts gloom over the cotton trade
A foreign situation dampens demand as the cotton market shows uneven movement. Traders report cautious bets and fluctuating prices amid global tension affecting shipments and prices.
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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
May 23, 1916
Page
13
Cotton markets grow more pessimistic amid war fears
The May 23 market report shows the war in Europe denting sentiment and prompting selling pressure. Prices slipped across San Antonio, Houston, Galveston, and other southern markets with middling quotes drifting to 13.88 cents in San Antonio as warehouse charge news cooled buyer enthusiasm.
MENTIONED IN THIS ARTICLE
Cotton Exchange
Europe
San Antonio
Houston
Galveston
New Yor
Aeliefs
New York Cotton Market Feels Mixed Early May Activity
The New York cotton market opened steady with a slight rise then eased under selling amid drought and uncertain peace prospects. July and October futures slipped toward 12.98 during midday trading before partial recoveries, while storage costs rising in New York warehouses add about four points monthly to carrying costs.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Emand
Carolinas
Georgia
New Orleans
Liverpool Opens Wednesday After Narrow Margin
The 11 o'clock feed shows Liverpool due to open Wednesday with a bid 5 to 7 points lower. The 10:30 update records a close around 12.87 and 12.85, indicating a tighter range for the session.
MENTIONED IN THIS ARTICLE
Liverpool
Wheat closes steady after uneven day amid lower Liverpool quotes
Wheat futures faced declines on lower Liverpool quotations and ample European visible supply. July and September contracts dipped early but closed steady near prior highs as corn and oats showed modest gains and hogs weakened provisions fell.
Grain and hay prices posted for San Antonio buyers
Carlots delivered in San Antonio Tuesday fetched several grain prices in Texas No 3 corn 5c mixed 5c to 9c range northern No 3 white 84c 85c oats Texas No 3 red 42c white 60c 4c sulpherized 61 1/2c. Hay values included Milo maize No 3 bulk 1.05 fet erita bulk 1.07 Kaffir corn bulk 1.06 cane hay per ton 12.50 prairie hay per ton 11.50 Johnson grass per ton 11.50 alfalfa choice New Mexico per ton 18.
MENTIONED IN THIS ARTICLE
San Antonio
Texas
New Mexico
Market Quotations Chicago Wheat and Corn Prices
Chicago on May 25 reports wheat No 2 red and No 2 hard around 1.99 to 1. A 1.99 percent. Corn No 2 yellow and oats and barley priced with standard quality margins.
MENTIONED IN THIS ARTICLE
Chicago
New Orleans Cotton Prices Slide Into Afternoon Decline
In New Orleans on May 23 the near months spiked briefly on better cables but Atlantic futures pulled prices lower. July and October rose early then fell as the list softened. by noon the market showed a net loss of 12 to 1 points, worsening to 16 to 21 points by 1:30 PM as weather reports influenced sentiment.
MENTIONED IN THIS ARTICLE
New Orleans
Due
Rame
Atlantics
Grain prices quoted in St Louis market report
Quotations today show wheat at No 2 red 1.1191 13 4 cents, No 2 white 138 cents, oats No 2 at 40 40 percent, No 2 white nominal.
MENTIONED IN THIS ARTICLE
ST. Louis
Market quotes from Kansas City grain and oats
Quotations to Gay included Wheat at 1.03 to 1.09 per bushel for options, No 2 red 1.03 to 1.0, Corn mixed 68 to 69 cents, No 2 white around 64 cents, Oats No 2 white 44 to 48 cents, No 2 mixed not clearly listed, with BP adc.
MENTIONED IN THIS ARTICLE
Kansas City
Cotton futures open steady as markets show firmer closes
New Orleans price quotes show July at 12.98, October 12.90, December 12.96, January 13.06 asked, March 13.17. Futures finish 19 to 23 points higher with highs around 18.00 and lows near 12.36 as end-of-day values range across the session.
MENTIONED IN THIS ARTICLE
New York
New Orleans
P. Ppp
Grain futures close with mixed May and July quotes
Kansas City grain futures closed with limited movement on May 23. Wheat May and July anchored near 1.00 per bushel, corn May and July at about 0.67, oats May near 4.1 cents.
MENTIONED IN THIS ARTICLE
Kansas City
Market Report Spot Cotton in Liverpool Declines
Liverpool May 23 spot cotton movements ease with good middling at 8.80d and middling 8.44d, low middling 8.44d. Total sales 10,000 bales, including 2,900 for export and speculation, with receipts at 25,000 bales.
MENTIONED IN THIS ARTICLE
Liverpool
Futures quotes and spread figures from Liverpool
The May to June futures show 8.254 with other forward prices listed for May 8.334, Jun-Jul 8.20, Aug-Sep 8.09¾, Sep-Oct 7.964, Nov-Dec 7.814, Jan-Feb 7.754, Apr-May 7.0, May-Jun 7.684, and additional 7.724 for Feb-Mar.
MENTIONED IN THIS ARTICLE
Liverpool
Eazy
Pine Association report shows strong weekly activity
The Southern Pine Association Friday close shows new business booked at 8,710,318 feet, shipments totaling 90,033,156 feet, and orders on hand 421,684,577 feet, reflecting healthy demand in the southern yellow pine mills.
MENTIONED IN THIS ARTICLE
New Orleans
Southern Yellow Pine Mills
Southern Pine Association
Provision Market Chicago TN May 28 Quotations
Local packing house quotations to dealers Tuesday follow Dry salt extras 14%c bacon extras 6c dry salt bellies 14-16 pound average 17c fancy breakfast bacon 2c fancy hams etc bacon belief 14-16 pound average 1Sige Pure lard 14%¢ compound 12%c.
Cotton Statistics Across Several U S Ports
A fragmented OCR summary lists cotton statistics for Houston New Orleans Mobile Savannah Charleston Wilmington Norfolk Baltimore New York Boston and other ports. Figures are garbled but indicate comparative tonnage or movement with multiple ports mentioned without coherent values.
MENTIONED IN THIS ARTICLE
Houston
Tex
New Orleans
Sos
Mobile
Ala
Savannah
Carleston
Wilmington
N. C
Norfolk
Cotton Situation at a Glance San Antonio Prices
A brief market note shows current cotton prices in San Antonio with quick figures and trends. Analysts note price movements for futures and spot sales, highlighting supply factors and local demand shaping the ups and downs in the market.
Cattle Hold Steady as Sheep and Hogs Decline
May 23 at Union Stock Yards reports show cattle steady while sheep and hogs fall on lighter offers. Kansas City and Chicago note weak pork and mutton deals, but San Antonio remains steady. Steers to 27.50, cows 4 to 6.50 spread, calves 7 to 8 per hundred, hogs around 9.25, with 362 cattle and 241 hogs sold by 2 pm.
MENTIONED IN THIS ARTICLE
Union Stock Yards
Arly
Chicago
Kansas City
St. Louis
San Antonio
Fort Worth Livestock Prices May 23 Cattle Hogs Sheep
Fort Worth market reports cattle receipts 4000 with steady prices. Beeves 6.50 to 7.75 stockers 5.50 to 7.55 cows 4.25 to 7.25 heifers 4.50 to 8.25 bulls 4.25 to 6.00 calves 4.50 to 9.00. Hogs receipts 2500 with steady to five cents lower. Bulk 9.40 to 9.60, heavy 9.65 to 9.79, medium 9.55 to 9.65, mixed 9.45 to 9.55, pigs 4.5 to 7, night hogs 9.60. Sheep receipts 400 market steady to lower. Lambs 9.00 to 11.00, yearlings 4.00 to 9.00, wethers 8.00 to 9.50, ewes 7.50 to 8.00, culls 4.50 to 5.50, goats 4.25 to 5.50.
MENTIONED IN THIS ARTICLE
Fort Worth
Tex
Kansas City Market Report May 23 Receipts and Prices
Receipts and quotations show cattle and hog markets firm to higher in Kansas City. Hog cars: 14 000 head with bulk 9.55 to 9.80 and heavy 9.75 to 9.85. Cattle: 7 000 receipts with prime fed steers 9.60 to 10.10 and dressed beef 8.29 to 9.50. Sheep: 8 000 head with lambs 10.25 to 12.50 and yearlings 9.00 to 11.25.
MENTIONED IN THIS ARTICLE
Kansas City
Chicago Livestock Receipts and Market Quotes May 23
Receipts and quotations show hogs and sheep weak while cattle market stays steady. Hog prices range from 7.40 to 10.05 with various grades listed. Cattle receipts total about 4000 with native beef at 8.15 to 10.40, western steers 8.35 to 9.35, stockers 6.00 to 8.90, and calves 8.00 to 11.25. Sheep receipts near 15,000 with wethers 7.75 to 9.20, lambs 9.00 to 9.90, springs 11.00 to 13.50.
MENTIONED IN THIS ARTICLE
Chicago
Ill
Livestock Receipts Mixed as Market Slips in St Louis
In St. Louis on May 23 receipts show 9500 hogs and 3800 cattle. hogs steady to lower with mixed, light, and good heavy classes priced from 7.75 to 16.98. Cattle strong with native beef steers 7.50 to 10.00 and prime southern steers 9.00 to 9.20. Sheep receipts 5000 and market steady with wethers 8.25 to 9.99 and lambs 10.00 to 12.70.
MENTIONED IN THIS ARTICLE
ST. Louis
National Mohair Growers' Association charter filed
The charter of the National Mohair Growers' Association was filed today in the secretary of state's department. It lists Bluffdale in Erath county as headquarters with capital stock of 1400 dollars and scope national in reach. The association plans to operate in Bluffdale El Paso Houston Portland Ore San Francisco Boston.
MENTIONED IN THIS ARTICLE
Austin
Tex
Secretary of State's Department
National
Market roundup from multiple U S cities on May 23
Oklahoma City reports six hundred cattle strong demand with hogs down five cents top at 9.70. Kansas City receipts seven hundred cattle up ten cents with eight thousand sheep higher. Savannah turpentine prices hold firm with resin and spirits stocks listed and varied grade quotations across multiple letters.
MENTIONED IN THIS ARTICLE
Oklahoma City
Okla
Cotton Region Bulletin Weather Summary
In the western belt weather is fair while the east remains unsettled and showery. Temperatures are near normal with rainfall exceeding an inch across the Savannah Augusta Montgomery and Atlanta districts as reported by Allen Buell meteorologist Weather Bureau.
MENTIONED IN THIS ARTICLE
Savannah
Augusta
Montgomery
Atlanta
Allen Buell
Weather Bureau
Flour Prices Fall As Wheat Drops In Market
Wheat price declines at major markets pull down flour costs for San Antonio mills. Pioneer and Liberty Bell cut 10 to 20 cents per barrel with retailer quotes at 4.90. Kansas crop outlook improves though Hessian fly damage fears were overstated.
MENTIONED IN THIS ARTICLE
San Antonio Mills
Pioneer
Liberty Bell
Kansas
Kansas Department of Agriculture
Country Produce Prices in San Antonio Markets
Buyers paid prices for country produce delivered in San Antonio on Tuesday. Eggs higher. Texas country candied 17 Wiee Butter weak. Texas creamery 25 35 cents per pound. Poultry steady with Hess dozen at 5.00 to 5.50, large fryers 7.50, broilers 4.00, turkeys Lie per pound, ducks 4.50 to 5.50 per dozen, geese 6.00 to 7.00.
MENTIONED IN THIS ARTICLE
San Antonio
Texas
Texas Creamery
Butter and poultry prices edge higher in Chicago report
Butter steady with Creamery 26% 29 c. receipts 23 824 cases including firsts and ordinary firsts. Potatoes rise with mixed regional prices. New York Florida Texas Louisiana Alabama poultry alive higher with fowls at 19 c.
MENTIONED IN THIS ARTICLE
Chicago
Michigan
Wisconsin
Minnesota
Dakota
Texas
Louisiana
Alabama
Local Market Prices May 23 Nutter Creamery and Eggs
Kansas City market update lists Nutter Creamery products at 29 cents for firsts 27 cents for seconds 25 cents packing 23 cents. Eggs show firsts at 21 cents. Poultry prices cover hens 15 cents turkeys 20 cents springs 25 cents.
MENTIONED IN THIS ARTICLE
Kansas City
Nutter Creamery
Sugar Prices Report from New York Market
New York May 23 Raw sugar quoted quiet Centrifugal 6.40 Molasses 5.63 Refined steady Cut leaf 8.80 crushed 8.65 mould A 8.15 cubes 8.15 XXXX powdered 7.89 powdered 7.75 fine granulated 7.65 diamonds 7.65 con fections A 7.55 No 1 7.50
MENTIONED IN THIS ARTICLE
New York
Rice market in New Orleans shows firm rough grade and steady clean grades
In New Orleans on May 23 there were few rice sales with the rough grade remaining firm and the clean grades steady. Receipts totaled 76 rough and 662 clean. Quotationa listed rough Honduras at 3.00 per unit, clean Honduras at 4 5% sc, Japan at 34s ac. Rice polish per ton ranged 25.00 to 26.00, Brand 18.00 to 20.00.
MENTIONED IN THIS ARTICLE
New Orleans
Honduras
Japan
Weather Observations May 23 1916 by Allen Buell
Observations recorded at 7 a m on Tuesday May 23 1916. Wind speeds under ten miles per hour and precipitation under .01 inch are not published here. Meteorologist Allen Buell signs the note.
MENTIONED IN THIS ARTICLE
Allen Buell
Reading Rushes to New Highs in Stock Market Trading
Reading continued its strong session with an opening block of 6000 shares at 110 percent to 1.104 percent, rising to 110 percent before pulling back. Union Pacific St Paul Wabash United States Steel and war shares showed gains as Mercantile Preferred Baldwin Locomotives Mexican Petroleum and Industrial Alcohol moved higher. General Motors jumped 30 points to 499 with further 55 point rise late. Profit-taking and rail pressure offset by gains in specialties. close irregular.
MENTIONED IN THIS ARTICLE
New York
Reading
Union Pacific
St. Paul
Wabash
United States Steel
Mercantile
Baldwin
General Motors
American Car ‘& Foundry
Sly American Locomotive
TA S
Atchison
Atlantic Coast Line
Baldwin Locomotive
Baltimore & Ohio
Bethlehem Steel
Brooklyn Rapid Transit
Canadian Pacific
Vase
Chesapeake & Ohio
Chicago, Ee & St. Paul
Chicago
Ineacific Ry
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Tert
Ton General Electric
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Great Northern Ore Ctfs
Aee
Illinois Central
Tee Ee
Interborough Consol. “Corp
International Merc
Kansas City Southern
Louisville & Nashville
Tiewett & Myers Se
Eens O
Lorillard Company
Mexican Petroleum Seees
Missouri, Kan
Readine snoorsseSsee
Rep
Tron and
Stee
Sensesese
Rioss
Sheff, Steel & Tron
Southern Pacific
Seewe Southern Railway
Eraaene
Tennessee Cowper Studebaker Corporation
Eesave
Texas Company
Aceeess Tene
States Rubber
United States
Virginia Carp. Chem
Va, Iron, Coal & Coke
Stenwee
Wabash of
R. Ct
Money Markets London Daily Rates May 23
Bar aliver 344 per ounce. Money 4 4% per cent. Discount rates Short bille 4% 24% per cent. Three months 4% 4% per cent.
MENTIONED IN THIS ARTICLE
London
Metal markets report with copper and tin figures
New York metal markets show copper firm for nearby and August and later at 29.00 to 39.00. Lead price quoted at 7.18 to 7.35 with East St. Louis delivery at 18 asked. Spelter dull. Tin spot 45.00 to 50.00.
MENTIONED IN THIS ARTICLE
New York
St. Louis
London Market Report Shows Mixed Commodities
London market notes list lead and zinc prices in sterling, with spot copper quoted, futures shown for copper and tin. Several figures incomplete but indicate fluctuating commodity values and exchange rate context for metals traders.
MENTIONED IN THIS ARTICLE
London
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