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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
May 24, 1916
Page
13
San Antonio wholesale houses report heavy fall orders across dry goods with prices higher than in the past fifteen years. Rural buyers push purchases despite elevated costs while grocers hold steady on staples. Produce receipts stay liberal as rains benefit truck farms and markets. Hog prices rise and Chicago provs futures edge higher.
The article reports daily spot cotton quotes in major markets including San Antonio, Houston, New Orleans, and Liverpool, noting midgrade prices and delivery bases. It describes a weekly weather review showing low temperatures delaying growth, with pests and boll weevils active in several states and forecasts of higher prices later in the season.
Oklahoma City stock market roundup shows cattle steady hogs up to 9.75 per cwt with about 3300 head traded and sheep around 1706 head steady. Daily lots list Dover Milling Co 27 steers averaging 1816 pounds at 9.60, plus multiple named shippers and steers and hog consignments from Duncan Norgee Smith Hapman Snyde and Hines Childress with various weights and prices.
San Antonio markets report on local cotton pricing with brief notes on price levels, supply hints, and market tone for the week. Prices show variation across grades with attention to futures movements and regional demand signals.
Crop damage in Oklahoma and Southern Kansas due to lack of rain drives higher wheat prices. Traders foresee reduced yields if hot dry weather persists. July and September futures climb, while corn and oats rise on damage reports. Kansas City futures show firm close for May contracts.
In New York on May 24 primary dry goods markets were quiet but firm. Yarns ruled firm as buyers secured spring delivery. Men's wear was bought at higher prices and linen silk crepes sold freely for fall markets.
In Savannah on May 24 the turpentine firm shows sales 420 receipts 774 ship ments 860 and stock 8076. The resin firm records sales 1345 receipts 1893 shipments 1776 and stock 566479. Quotations list multiple grades with varied figures across letters A through N and others.
San Antonio cotton seed oil mills reported a 7i basis for prime oil on Wednesday. The market was declared nominal.
Liverpool is set to open Wednesday with prices about higher and an 11 o'clock briefing scheduled. In New York, call and close updates show July figures at -12.89 and 12.95, while October reads -12.86 and 12.96.
New York reports closed steady cotton seed market with spot and futures bids across months from May to December. May bid 10.80, June 10.8495, July 10.8688, August 10.9091, September 10.92994, October 10.0407, November 9.2327, December 9.12714. Total sales 9809.
The report lists cotton grades and prices with terms like strict middling and good ordinary. It mentions values around 12.44 and 11.94 with 1839 references and a few illegible markings, reflecting historic market notes and grading terms.
Wednesday buyers posted grain and hay prices in Ben Antonio. Corn ranged from Texas No 3 at 5 cents to mixed at 6 cents and northern white at 4 88 cents. Oats varied with red 42 cents and white 50 cents. Hay prices included Milo maize No 3 bulk 1.05, fet erita No 3 1.07, Kaffir corn bulk 1.06, cane hay 12.50 per ton, prairie 11.50, Johnson grass 11.50, and alfalfa choice New Mexico 18 per ton.
Fort Worth Texas May 24 cattle sale results list 44 stocker steers from J Oderlone Eden 706 pounds at 6.25 per hundredweight and 24 steers from W McLemore Albany 1001 pounds at 7.80 per cwt. Fort Worth sale figures show 4,000 head trading with 3,600 and 4,000 in some categories.
Fort Worth reports receipts cattle 4000 steady prices from 4.00 to 9.00 for cows heifers and calves. Hogs receipts 3600 five cents higher with bulk near 9.50 to 9.75. Sheep receipts 4000 unchanged lambs 9.00 to 11.00 yearlings 7.75 to 8.75 ewes 7.50 to 8.00. Goats 4.25 to 9.60.
Cattle strong with native beef and western steers priced from 8.25 to 9.95 per hundredweight, stockers and feeders 6.10 to 9.00, calves to 11.75. Hogs receipts 24,000 with bulk 9.50 to 10.00 and weights mixed 4.65 to 10.40. Sheep receipts 17,000 with wethers 7.85 to 9.78 and lambs 8.90 to 12.75. totals show market weakness in lambs and ewes.
St Louis market reports receipts for hogs cattle and sheep with mixed prices. Hogs see steady demand with classes ranging from $7.00 to $10.00 per hundredweight and prime lots near $9.00. Cattle receipts around 2000 show native beef steers at $7.50 to $10.25 and cows from $5.60 to $8.60, while stockers and Texas Oklahoma steers price $7.75 to $8.75. Sheep receipts about 2500 list wethers $8.28 to $9.75, lambs $10.00 to $12.70, and clipped varieties about $7.50 to $11.16.
Receipts show hogs 11,000 up. bulk prices 9.66 to 9.95. heavy 9.80 to 9.95. pigs 8.75 to 9.35. Cattle receipts 4,000 higher. prime fed steers 9.75 to 10.15. dressed beef steers 8.25 to 9.60. cows 5.50 to 8.25. heifers 7.50 to 9.75. stockers 7.25 to 9.00. Sheep receipts 7,000 steady. lambs 10.25 to 12.60. yearlings 9.25 to 11.25. wethers 8.50 to 10.00. ewes 8.00 to 9.50. Stock figures compare with prior week and year. notable excess.
Quotations for Wheat No. 2 hard and No. 1 common hover around 1.11 dollars per bushel with small gains. Corn and oats display modest changes with No. 2 corn near 1.09 dollars and standard oats around 4.3 to 4.4 dollars, barley at about 78 cents.
London May 12. Bar silver 344d per ounce. Money easy, discount rates short bills and 3 months 4 percent. Fragmented chatter questions if the doctors or the place cause mortality as actors starve, amid odd exchange on a “healthy place.”
On May 24 in St. Louis quotations showed Wheat No 2 red at 1.12 dollars, No 2 hard nominal, Corn No 2 at 72 3/4 cents, No 2 white at 72 1/2 cents, and No 2 white nominal.
May 24 price quotes show wheat at 4.00 per bushel for hard red and 1.04 to 1.10 for No 2 red, with mixed and white varieties listed from 44 to 69 cents per bushel. Prices reflect standard futures classifications and regional trading updates.
In New Orleans on May 24 the market opened strong for rough rice and steady for clean grade with prices unchanged. Receipts totaled 1586 in clean stock and 2271 sacks sold, indicating active trading and a balanced day for buyers and sellers.
Lead prices in New York at $7.15 97.35 with Spelter easy at East St. Louis 14 percent asked. London quotes show lead at £31 7.64 and Boelter at £25 yesterday May 24.
In New York on May 24 the market opened with a reactionary trend. Reading fell 14 percent points to 107, then declined further as most active rails dipped slightly. U S Steel edged up fractionally while Crucible Steel General Electric Baldwin Locomotive and Continental Can rose modestly. Motors showed notable gains.
The cotton belt reports generally fair weather with above normal temperatures. Rainfall of an inch or more expected at Savannah Gainesville Lake City Charlotte and Greensboro North Carolina, per Allen Buell of the Weather Bureau.
Buyers paid prices for country produce delivered in San Antonio on Wednesday. Texas country candled 17, butter weak. Texas creamery 25 to 35 cents per pound. country 20 to 25 cents. packing stock 17 1/2 cents per pound. Poultry steady with hens 5 to 6.50 dollars per dozen. large fryers 6.50 to 7.50. broilers 3.50 to 4. turkeys 16 cents per pound. ducks 4.50 to 5.50 per dozen. geese 6 to 7 dollars.
Kansas City report lists commodity prices with Butter Creamery firsts at 29c and seconds 27c for butter output, packing at 75c, eggs firsts at 21 43c, poultry items including hens at 15c and turkeys at 20c, springs 25c.
Chicago May 24 butter prices steady with receipts at 26 008 cases of firsts and ordinary firsts around 21c to 20c. Potatoes unsettled with 23 cars from Michigan Wisconsin Minnesota and Dakota. white varieties 1.00 to 1.15 per unit. New receipts include 12 cars from Florida and other states with large barrel Rose and Triumphs at 6.00 to 1.75. Poultry alive prices lower with fowls at 1c.
New York reports mixed sugar and molasses quotes with several grades and forms shown. Centrifugal and refined prices range from about $4.40 to $8.80 per unit, including cubes and crushed varieties.
The Galveston marine intelligence report notes the arrival of the San Jacinto from New York and cites market activity with readings showing declines checked in the afternoon. Readings in Reading rallied while equipment and metal sectors advanced substantially.
Livestock values improved across market centers with strong demand for hogs cattle and sheep. San Antonio yard reported 493 cattle 125 calves 28 horses 164 hogs 14 sheep and 3 goats with steers up to 7.50 and most cattle 6.50 to 7. Calves 7 to 8 dollars. Hog sales ranged 8 to 9 with some at 9.25. cows 4 to 6.25. Sheep and goats demonstrated solid demand despite limited price details.
Wholesale prices to retailers and shippers cover potatoes onions tomatoes celery beets green beans cucumbers peppers peaches apples and more. Texas California Florida and Louisiana listed with per crate and per hundredweight rates, including specific crate sizes and weight measures.
Wholesale market sheet shows canned fruits. price ranges for cherries freestones clingstone and peaches. beans, coffee, rice and sugar listed with per hundredweight and per ton figures. meat, fish and dairy items priced by case or pound with various grades and sizes. includes hides, tallow and beeswax values for shippers.
A Philadelphia Telegraph item recalls Congressman George C. Scott of Iowa at a dinner noting the amusing response of a schoolboy Jimmy to a math problem. When asked how long to finish a task with father seven days and uncle eight days, Jimmy quipped ten thousand years, due to tales and smoking alI and awap fish stories.
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