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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Nov 03, 1916
Page
15
A list of city names appears, including Galveston Houston New Orleans Mobile Savannah Charleston and other scattered places. The text reads like a fragment from a navigational or shipping notice with multiple port or city indicators.
Chicago nov 3 quotations open high 25.80 25.75 25.90 25.65 26.02 35.80 16.15 16.27 16.15 15.20 15.27 18.17 18.37 15.87 18.27 13.70 13.80 18.67 packing house quotes to dealers Friday dry salt extras 16 c bacon extras 18 c dry salt bellies 14 16 pound average 18 c fancy breakfast bacon 78 c fancy hams oat bacon bellies 14 16 pound average Preelard Seuer compound 116 e.
The report notes steady figures in both cotton ginning and related cable output, with Liverpool showing advance. Market observers cite stable processing rates and consistent yields across major mills.
The cotton market shows firmer tone with New York and New Orleans prices advancing. Spot prices rose while Liverpool and other edges opened higher but settled mixed as traders awaited the government report due November 8. Buyers in San Antonio paid higher for good middling, middling, and related grades.
The New York cotton market opened steady with gains from 8 to 16 points on higher Liverpool cables and a rumor of lower than expected U S crop totals. January reached 18.98 and May 19.82, then cooled as selling and liquidation pulled prices back toward the previous close, with January at 18.86 and May at 19.15.
New York trading shows December at 19.00, January 18.98, March 19.05, May 19.22, July 19.22 as futures start steady, with the session closing near unchanged. Data lines include Lond, MAF and other shorthand figures with slight variations.
Better cables and modest ginning estimates spurred gains at the New Orleans market. By midmorning after 30 minutes of trading months rose 18 to 17 points, with no strong mill buying and liquidation continuing. By noon prices were up 24 to 27 points, then trimmed to five to nine points by 1 30 p m as the advance cooled.
New Orleans opening bids show December at 18.36, January 18.54, March 15.76, May 18.98, July 19.06 with varied later quotes and miscellaneous figures indicating early trading stability across the cotton futures market.
Spot cotton values for Liverpool with Good middling at 11.27d and middling 11.134d. Low middling 10.974d. Cotton receipts listed at 34 000 bales and 8000 bales held for speculation.
Honduras intends to send many students to the United States to study cotton production from seed to loom. Consul Gabriel Madrid Hernandez in Kansas City says Honduras already has thirty students in the U.S. and seeks more to boost central American cotton output. Students likely to attend state colleges in the South.
The October financial situation shows heavy exports and a strong net inward gold shipment, with rising prices and full employment. Europe’s balances drive new financing via acceptance credits for industrial and commercial borrowers, while the gold outflow accelerates to about 95 million by mid October.
Beijing? Not applicable.
Chicago market quotes list wheat corn oats and barley prices for No 2 red and No 2 hard wheat No 2 yellow corn and standard oats with barley around 80 cents to 1.23. Prices show modest gains and average trading ranges for the day.
Prices show wheat gains with No 2 red at 1.84 to 1.86 and No 2 hard at 1.85. Rye quoted at 1.40. No 2 white steady around 52 of cent. No 2 white nominal. Data reflect a mixed grains session in St Louis.
Buyers paid steady prices in San Antonio for country butter creamery products and poultry. Texas creamery butter ranged 30 to 34 cents per pound, country butter 25 to 26 cents, packing stock 22 to 25 cents. Hens 86 to 88 cents per dozen, large fryers 4.50 to 7.00, turkeys 19 to 20 cents per pound, ducks 6.50 to 6.00 per dozen, cheese 7.00 to 9.00.
Liverpool notes show irregular futures with prices for November trading at 108 1/2 and various forward months listed. Other contracts range from 10 9/16 to 11 18 3/4 across December through October figures.
Quotations show higher creamery and egg prices with mixed receipts. Creamery milk and eggs edge up while potatoes fall on 60 arriving cars. Minnesota Dakota white potatoes bring 1 55 to 1 60 per unit, Wisconsin and Michigan white quot ed at 1 59 to 1 60. Poultry prices for live fowl unsettled with fowls around 15 cents and springs at 10 to 11 cents.
Liverpool figures show total forwarded to mills at 79 000 bales with American stocks and imports listed. Exports recorded at 3166 bales as of November 3. Stock figures include American and total holdings: 614 000 and 475 000 respectively with imports at 113 090 and 102 000.
A New York dispatch notes cotton seed oil quotations today and reports that forty seven women are employed in the rational physical laboratory in London.
Kansas City market notes dated November 3 report butter prices with creamery firsts at 33 1 3 cents per pound and seconds at 29 1 2 cents. Egg quotations list firsts and roosters at 20 cents, with broilers at 20 cents, potatoes described as easy with Northern early Ohio and Colorado rurals at 1.55 per unit.
Turpentine firms show 46 percent sales and 243 receipts with 7 shipments and stock at 18,729. Tesin firm reports 801 sales and 992 receipts with 200 abipeneete and 73,897 senetation B. Prices listed include $6.1506.2 for Cc and $6.25 for F, with various unclear figures and May 635 Hi noted.
Quota Wheat unchanged with No 2 hard at 1.82 to 1.89 and No 2 red at 1.80 to 1.84. Corn holds with mixed 9 3 4 to 8 1 2 cents and No 2 white at 1 dollar. Oats and rye also show no change with No 2 white at 64 64 5 cents and rye unchanged.
Grain futures closed with Wheat at Dec and May prices and Corn at Dec and May figures. The report lists mixed moves in futures with December and May contracts for both Wheat and Corn.
Houston will inaugurate a city supervised municipal abattoir by January to lower meat prices and ensure sanitary products by cutting out middlemen. An individual operator will run the plant under city oversight, with a guaranteed minimum profit and company earnings above that amount shared.
Observations recorded at 8 am on Friday November 3 1916. Wind speeds under ten miles per hour and precipitation below .01 inch are not published. Allen Bussell, Shaveventegtet Weather Bureau.
In the Union Stock Yards at Fort Worth and Kansas City, hogs declined 5 to 16 cents while cattle gains appeared. Fort Worth cattle rose 50 to 76 cents with light overall receipts. hogs and calves were lighter across markets, while overall hog runs remained small and prices softened.
Fort Worth market reports cattle sheep and hogs with receipts around 3400 for cattle 3000 for hogs and 1000 for sheep. Cattle prices range from 4.25 to 7.50 per hundredweight with steady to slightly higher trends. Hog prices bulk 9.60 to 9.75 top 9.80 while sheep lambs bring 9.00 to 9.50 and ewes 5.50 to 7.00 per head depending on quality.
Chicago nov 8 receipts and quotations list hogs at 900m range 6.50 to 10.15 per cwt with bulk 9.25 to 9.90 light 8.85 to 9.85 mixed 9.30 to 10.10 heavy 9.30 to 10.15 rough 9.30 to 9.50 cattle receipts about 3000 with native beef 6.75 to 11.75 western steers 6.40 to 9.75 stockers 4.65 to 7.85 cows and heifers 3.50 to 9.50 calves 7.25 to 10.25 sheep receipts 10 000 market steady wethers 7.60 to 8.70 lambs 8.40 to 11.00.
Receipts totalled about 10 600 hogs with prices 5 to 18 cents lower led by Aghts and mixed batches. Cattle arrivals near 2000 with market firmer. native beef steers $7.50 to $11.15, yearling steers and heifers $8.50 to $11.15, cows $5.50 to $7.76, stockers $5.30 to $7.50, prime southern steers $8.00 to $9.00. Lambs $7.50 to $11.25, calves $6.00.
Receipts indicate 7000 cattle, 1500 cattle with mixed bids, and 2000 sheep at Kansas City. Bulk fed cattle range 9.38 to 10.00 for Packers and butchers, prime choices 9.50 to 11.00, dressed beef steers 7.50 to 9.25, cows 4.50 to 7.40, calves 6.00 to 10.50, lambs 10.60 to 11.10, yearlings 7.75 to 8.75, wethers 7.00 to 8.00, ewes 6.75 to 7.60. Market notes show steady to slightly higher sheep.
Oklahoma City cattle receipts 800 steady while hogs 2600 10 to 16 cents lower. Sheep 500. Late yesterday sales show steer lots with prices around 5.70 to 7.60 and heifers around 6.50 to 7.36. Today’s sales include Norman 54 steers at 6.85 and Fort Cobb entries near 0.50.
A Louisville hearing led by Interstate Commerce Commission member C C McChord tackled worsening freight car shortages across the U S. Shippers and railroad representatives from the south east and west attended as complaints numbered into the thousands. The session will resume the next day to seek solutions.
Pittsburg officials announce that railways will not accept shipments of less than carload lots of merchandise sent to destinations off the receivers' line due to a car shortage.
New York early stock trading was uneven with industrial, equipment, metal and shipping shares led by Baldwin locomotive and Crucible Steel as gains faded. United States Steel rose fractionally while American Locomotive hit a new 92 1 2 record. Total volume reached about 1 200 000 shares.
Trading in Mexican currency in San Antonio on Friday shows bids and asks for pesos and fractional pieces. The report lists quotes from City banks and foreign exchanges including Bank of London and Carranza money with various price ranges for silver pesos and half pesos.
New York nov 8 mercantile paper 3 percent sterling 60 day bills 471 commercial 60 day bills on banks 470 to 471 demand 4756 cables 476718 France demand 584 cables 683 Guilders demand 40 cables 41 Rar silver 681%c Mexican dollars 52%c Government bonds steady Railroad bonds strong Time loans firm Sixty days 3 percent ninety days six months 34 percent Calh money firm high 2 percent low 2 percent ruling rate 2? per cent first loan 2% per cent closing bid 2% per cent offered at 2% per cent
London sources report bar silver at 821 164 per ounce and money and banking figures show short bills at 5 percent and three months bills at 6 46 5 percent. Discount rates are noted as five percent for short bills and five percent for three months.
Lead prices at 7.00 to 7.06 with firm spelter and steady electrolytic copper around 28.25 to 28.69 for first quarter. Tin remains firm at spot 42.00 to 42.25.
Lead at 80 pounds sterling per hundredweight 108. Spelter 52 pounds 15s. Copper spot 124 pounds. Futures 119. Electrolytic 143. Spottin 182 pounds 6s, futures 183 pounds 10s. Exchange quotes reflect current London market levels in sterling terms.
Raw sugar Centrifugal 6.46, molasses 5.59. Fine granulated 67.50. Sugar futures active at noon, 6 to 11 points higher, driven by strong demand from Wall Street and commission houses.
In New York on November 8 cotton goods remained firm and modestly active while yarns stayed firm and raw silk advanced. Jobbers remained active as traders responded to demand in the market.
The Temple Telegram warns against dismissing news as only talk and urges readers to seek truth in reporting. Publishers deplore disbelief and call for remedies to ensure the public trusts community and world news.
The essay argues newspapers must publish dispatches even when unreliable to inform the public. It notes the Deutschland rumor and the Germans sub story, explaining readers may mock such talk yet the press may be justified when reports prove true and the public remembers errors when incorrect.
John Sealy of Galveston and Mrs. R Waverly Smith contributed 387000 to the University of Texas medical department. The gifts fund the John Sealy hospital remodel and a women’s hospital connected with it. The board of regents praised the donors for their un solicited generosity and beneficent aims.
The comptroller of the currency reports September 12 totals show national banks with resources of 14.411 billion dollars, deposits of 11.362 billion, and loans and discounts at 7.859 billion, setting multiple records and highlighting the Federal Reserve Act's decentralizing impact.
The federal reserve shows total US holdings of foreign government, banker and merchant obligations at 1.931 billion dollars. Europe accounts for 1.627 billion, Britain and America for 214 million, Latin America 83 million, and China 4 million, illustrating the changed national financial position.
In Redding California on November 3 a magistrate hears a case about bread pricing. Six policemen who arrested a man declare dynamite is involved, while rumors question the charges amid boarding rate hikes.
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