Cotton Prices Decline as Market Opens in Liverpool
Cotton prices slip by 1.90 per base amid low British market levels as Liverpool opens. Traders note softer demand and cautious buying while European mills monitor price moves.
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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Nov 23, 1916
Page
10
Cotton Markets Fall Sharply in New Orleans New York and Liverpool
Cotton prices slide across major markets with Liverpool and New Orleans leading declines. New York opens 27 to 31 points lower, trades down to 19.88 for January and 20.41 for May, while San Antonio spots ease to 19 cents. Analysts cite Liverpool weakness and broad selling pressure. Fields show ongoing lower quotations and unsettled trading.
New York Cotton Opens With Heavy Liquidation
The New York cotton market saw renewed heavy liquidation as Liverpool stayed irregular and unsettled. Early trading opened 20 to 28 points lower, with January slipping to 20.19 and May to 20.65, then further declined to around 19.98 for January and 20.41 for May before midmorning.
Cotton futures open steady with mixed early moves
New York cotton futures opened steady with December at 20.60, January at 20.00, March at 20.38, and May at 26.60 as traders watched unsettled closes. Reports indicate Liverpool may open Friday with varied points up and down, reflecting a cautious start to trading.
MENTIONED IN THIS ARTICLE
New York
Liverpool
New Orleans Cotton Declines On Liquidation And Short Selling
Poor cables and continued liquidation of long positions plus moderate short selling pushed New Orleans cotton prices lower in early trading. The market opened irregularly then steadied at a lower level with several partial recoveries. By noon active months fell 43 to 48 points from prior values, though afternoon firmness lifted some from the day’s low yet remained 20 to 26 points below yesterday.
MENTIONED IN THIS ARTICLE
New Orleans
Cotton futures open irregular as New Orleans bids edge
New Orleans reports opening bids for December at 19.66 and other contracts rising to 20.31 with futures ending steady after a range from 19.36 to 20.02. In Texas, Yoakum notes the season's high rice price for cotton at twenty and a half cents per pound set by a local company on Tuesday morning.
MENTIONED IN THIS ARTICLE
New Orleans
Ila
Yoakum
Tex
Yoanay
Skunk Fur to Be Fashionable and Pecan Prices Soar
Texas and European clothiers show strong interest in skunk coyote wild cat and coon furs with San Antonio dealers offering about 50 cents for skunk hides and 55 cents for coyotes. Wildcat and coon furs fetch 40 and 45 cents respectively. Pecans rise as rains damage crops with wholesale prices 14 to 16 cents. Flour eases slightly from 9.80 to 9.50 9.60 per barrel.
MENTIONED IN THIS ARTICLE
America
Europe
Texas
San Antonio
Wholesale Market Prices for Fresh Vegetables and Staples
Wholesale prices to trade for fruits, vegetables, canned goods, grains, meats, and more with regional notes. Includes potatoes from Colorado, onions from California, tomatoes from California, celery per dozen, green beans, squash, carrots, peppers, beets, cranberries, and assorted dried fruits. Also lists canned meats, fish, flour, corn, wheat, rice, nuts, and hides with per unit or per hundredweight figures and freight notes.
MENTIONED IN THIS ARTICLE
Colorado
California
Texas
Aes
Ben Davis
Florida
Choice
Arbuckle Ariosa
Maxwell House
Japan
Jovbers
Columbia River
Usc
Alaska
Labette Iron Works to Boost Wages by Ten Percent
Steubenville Nov 23 President R C Kirk of Labette Iron Works announces a ten percent pay increase for its 24 000 employees. The raise, matching United States Steel Corp, takes effect December 15.
MENTIONED IN THIS ARTICLE
Steubenville
R. C. Kirk
Labette Iron Works Company
United States Steel Corporation
Peanut freight rate adjustment sought by Houston interests
A complaint filed with the Interstate Commerce Commission by Fidelity Cotton Oil Co and the Houston Chamber of Commerce challenges Texas to northern and eastern peanut product freight rates as unjust and restraining trade. It argues Texas peanut farming is an infant industry with potential growth hampered by current charges. The filing anticipates wide Texas interest and possible intervention by other city freight bureaus to shape any rate changes.
MENTIONED IN THIS ARTICLE
Washington, D. C
Texas
Interstate Commerce Commission
Fidelity Cotton Oil Company
Chamber of Commerce of Houston
Houston
Cotton statistics show season surplus of 23 771 bales
The report lists yesterday stock at 1 450 138 bales and week earlier at 1 399 900, with last year the stock at 1 426 961 fewer bales. Excess this season sums to 23 771 bales.
Spot cotton prices dip as market shows weakness
Liverpool spot cotton slips with good middling at 12.134 and low middling 11.974. Sales total 8000 bales with 600 bales for speculation and export. Receipts reach 18,200.
MENTIONED IN THIS ARTICLE
Liverpool
Futures move in Liverpool and New York cotton seed oil
Futures in Liverpool show varied quotations across months from 11.72d to 12.024 with several. Bid spreads noted while in New York cotton seed oil markets at noon selling pressure persists and spot market weakness extends to weaker Brice prices and dull sugar and molasses trading.
MENTIONED IN THIS ARTICLE
New York
Bank Loans $25 Million to Wheat Export Company of Canada
The Corn Exchange Bank of New York announced a $25 million loan to the Wheat Export Company of Canada guaranteed by the British government. Funds will buy Canadian grain and aid its export, supporting overseas trade and supply channels.
MENTIONED IN THIS ARTICLE
New York
Corn Exchange Bank of New York
Wheat Export Company of Canada
New York Dry Goods Prices Rise Across Cotton Goods
New York on November 23 reports cotton goods advancing with tickings up one cent per yard and fruit bleach cottons up half a cent. Thirty six inch napped goods show fall prices up 50 to 62 percent over last year while knit goods and worsted yarns sell at new highs.
MENTIONED IN THIS ARTICLE
New York
New High
Wheat falls on heavy selling by prominent houses
The Chicago wheat market weakened today after an early upturn driven by higher Liverpool quotes and bullish crop advice from Argentina and Australia. Declines followed embargo talk and the lack of urgent export buying, with December near 1.80 to 1.81 and May about 1.87 to 1.87 as Seaboard sellers dominated.
MENTIONED IN THIS ARTICLE
Chicago
Ill
Liverpool
Argentina
Australia
Seaboard
Lackawanna Steel
Grain futures close uneven amid mixed corn and wheat values
Kansas City reports grain futures end with Wheat at about one dollar and some cents, Corn futures showing December contract weaker while nearby values reflect a tentative trading pattern amid market uncertainty.
MENTIONED IN THIS ARTICLE
Kansas City
Market quotations for grains in St. Louis
Quotation figures show grain prices on the St. Louis market with wheat and corn lower. No. 2 red wheat priced at 1.86 to 1.88, No. 2 hard at 1.881.94, corn No. 2 at 96% cents, No. 2 white nominal, oats No. 2 at 67 cents, No. 2 white, rye at 1.60.
MENTIONED IN THIS ARTICLE
Kansas City
ST. Louis
Wheat and Corn Price Quotes Reported In Chicago Markets
Quotations show No 2 red wheat nominal No 2 hard wheat and No 2 yellow corn. Oats and barley listed with standard prices around 90 cents and a dollar, context notes market report in Chicago.
MENTIONED IN THIS ARTICLE
Chicago
Local cattle market dull with steady quotes in Dallas area
Union Stock Yards reports a very dull livestock day with small cotton supplies and little eager buying. Stocker cattle drew some interest while local prices held near yesterday's levels and may rise slightly next week. Receipts: cattle 528 calves 225 horses 28 hogs 68.
MENTIONED IN THIS ARTICLE
Union Stock Yards
Cattle Hogs And Lambs Prices In Fort Worth Trade
Fort Worth market reports receipts for cattle hogs and lambs with mixed price moves. Cattle steady to 16 cents lower with steers around 6.00 to 7.50, hogs about 9.50 to 9.70 top, lambs 9.50 with yearlings 7.50 to 8.50 and lamb future notes. Muss your summary note ends with periods.
Kansas City Livestock Prices Tuesday Auction Summary
Receipts show hogs 11 000 head and cattle and sheep about 4 000 each. Hogs sold mostly 9 40 to 10 00 with bulk near 9 50 and heaviest at 9 95. Prime fed steers ranged 10 50 to 11 75, dressed steers 7 50 to 10 25, cows 4 75 to 8 50. Lambs 11 00 to 11 90, yearlings 5 75 to 10 00, wethers 7 60 to 8 50, stockers and feeders 5 50 to 10 60.
MENTIONED IN THIS ARTICLE
Kansas City
Chicago Market Receipts and Quotations Report
Chicago market report shows hogs receipts 40,000 with steady to lower prices. carcass ranges 9.00 to 10.00 for various hog types. Cattle receipts 10,000 with easy trade. native cattle 6.50 to 13.05, western steers 6.60 to 10.15, stockers and feeders 4.60 to 7.70, cows and heifers 3.65 to 9.50, calves 9.00 to 13.00. Sheep around 18,000 with wethers 7.85 to 8.85 and lambs 9.25 to 12.5.
MENTIONED IN THIS ARTICLE
Fort Worth
Tex
Chicago
Market Receipts Mixed as Hogs Cattle and Sheep Move
In St Louis on November 23 receipts show hogs at 13 500 with prices from 7.00 to 10.10 and a bulk range 9.50 to 10.00. Cattle receipts reach 6000 with varied bids from 4.25 to 11.50 for beef steers, cows and calves. Sheep receipts 350 with lambs 7.50 to 11.90 and ewes 3.75 to 7.60.
MENTIONED IN THIS ARTICLE
ST. Louis
Texas
Daily cattle sales report from Oklahoma City
Oklahoma City cattle sales show 1100 head steady and hogs at 1700 head with prices near 9 dollars per cwt. Top lot quality hogs bring about 9.40. Lambs listed with various lot weights and prices around 10.25 to 10.50. Weather data notes wind under 10 mph and precipitation under .01 inch.
MENTIONED IN THIS ARTICLE
Oklahoma City
Okla
Walters
Vecadas
Gibson, Wraerwend
Dunne, Paul's
Provisions Market Reports From Chicago November Quotations
Local packing house quotations to dealers list dry salt extras seven cents bacon extras lstec dry salt bellies 14 16 and average 19 cents fancy breakfast bacon 28 cents pork bellies 14 16 pound average 20 cents pure lard 18 cents compound 15 cents
Turpentine and Resin Market Quotes Recorded in Savannah
Turpentine firm with 46 percent yield reports sales 166, receipts 290, shipments none, and stock 20 657. Resin firm shows sales 1 264, receipts 1 017, shipments none, stock 84 102 with quoted bids and asks ranging from 6 25 to 7 10, covering multiple letters and prices.
MENTIONED IN THIS ARTICLE
Savannah
Rice market slips as receipts rise and sales hold
In New Orleans on November 23, rough and clean rice declined while arrival figures increased. Receipts reached 5483 rough sacks and 5308 from millers, with 5680 sacks of clean rice. Sales included 65686 pockets to Honduras, 1232 to Japan, and 2427 to Blue Rose, with quotations unchanged.
MENTIONED IN THIS ARTICLE
New Orleans
Millers
Honduras
Japan
Blue Rose
Bears Continue 10 Control Grain With Drops Start
New York trading opened with substantial declines as bears dominated early activity. Steel and copper groups led losses while a few issues like Lackawanna and American Smelting showed relative strength before a late but uneven session. Total volume reached about 1.4 million shares as prices swung driven by professional operator activity.
MENTIONED IN THIS ARTICLE
New York
Money market quotes in San Antonio Thursday
Trading in Mexican money in San Antonio Thursday showed quotes for silver pesos at 50 and Bank of London and Chicago notes at 10 to 16. National and state bank notes ranged around 4 to 16 with various odd denominations.
MENTIONED IN THIS ARTICLE
San Antonio
Bank of London
Cairanga
Metal Market Quotes Lead Spelter Prices in New York
New York metal exchange lists lead at 7.15 to 7.25 per unit and lists spelter for St. Louis delivery at 12% to 13. London markets show lead at 30 pounds sterling 10s and spelter at 68 pounds sterling. Bar silver in London is 34 13-16d per ounce with a 4% count rate. short bills at 5% and three months at 5 1/4%.
MENTIONED IN THIS ARTICLE
New York
the Metal Exchange
St. Louis
London
Shippers Market Prices In San Antonio For Country Produce
Buyers paid steady prices for butter creamery at 80 34c per pound country 26 26c packing stock 24 26c. Poultry held firm with hens at 5 50 per dozen large friers 6 00 to 6 60 broilers 2 50 to 4 00 turkeys 28 per pound ducks 5 50 to 6 00 per dozen geese 9 00 to 1 0.
MENTIONED IN THIS ARTICLE
San Antonio
Sean
Texas
Texas Creamery
Market Prices Report From Kansas City Trade Center
Quotations for dairy eggs and poultry given in Kansas City on November 23 show creamery butter at 41/2 cents, firsts creamery 38, packing 82, eggs at 42 cents, hens 15 cents, roosters 12 cents, broilers listed, potatoes steady at 1.70 per bushel.
MENTIONED IN THIS ARTICLE
Kansas City
Market Quotations Chicago November Fresh Produce
Chicago market update lists creamery at 36 41 1 2 cents, eggs receipts 2181 cases with no change in price, potatoes 25 car receipts with steady market, poultry alive steady with fowls 14 cents, springs 16 cents, turkeys 13 cents.
MENTIONED IN THIS ARTICLE
Chicago
Ill
Utter
Cotton Seed Oil Market Holds Steady In New York
The cotton seed oil market closed strong in New York with spot bids at 12.50 and various forward prices for November through June. In Lisbon a Portuguese steamer reports being fired upon by a German submarine near Capetown. no hits were made and the vessel escaped.
MENTIONED IN THIS ARTICLE
New York
Lisbon
Parig
Machico
Capetown
Roosevelt Backs Universal Military Training Proposal
In a Washington statement Colonel Theodore Roosevelt endorses the Chamberlain universal military training law. He argues no man should vote without serving in the field, urges compulsory service for ages 18 to 21, criticizes pacifists, and calls for military education modeled on Australia Argentina Switzerland and Japan. Roosevelt signs as Your fellow American.
MENTIONED IN THIS ARTICLE
Washington, D. C
Theodore Roosevelt
Roosevelt
S. B. M. Young
Association For National Service
Republic
Australia
Argentina
Switzerland
Japan
Roosevelt Heads Neutral League Honorary President
Theodore Roosevelt has temporarily accepted the honorary presidency of the League of Neutral Nations. The organization formed after the German invasion of Belgium advocates rights for smaller nations against military oppression by great powers and now claims branches in Argentina Chile Denmark Spain Greece Holland Peru Brazil Norway Sweden and the United States.
MENTIONED IN THIS ARTICLE
Roosevelt
Neutral League
New York
Theodore Roosevelt
League of Neutral Nations
Belgium
Switzerland
League
Argentina
Chile
Denmark
Spain
Greece
Holland
Peru
Brazil
Norway
Sweden
United States
Greek Forces Fire at Russian Minister Train
Paris dispatch reports bands of reservists fired on the train carrying Prince Demidoff, Russian minister to Athens, as it headed to Saloniki. On return, a criminal gang derailed the train near Litochori but no injuries were reported.
MENTIONED IN THIS ARTICLE
Paris
Prince Demidoff
Athens
Salonik
Petit Parisien
Litochori
Allies Lose 102 Planes in October Air Front
Berlin reports 102 Anglo-French aircraft lost in October air combats on the western front. The Overseas News Agency says German losses numbered fourteen, with some machines falling behind enemy lines. The item notes ongoing interest in subscribing to The Light newspaper for real estate ads in San Antonio.
MENTIONED IN THIS ARTICLE
Berlin
Sayville
Western Front
Chinese loan faces energetic protest in Peking
In Peking a letter from British French Russian and Japanese bankers to the finance minister claims the five million dollar loan arranged with Chicago banks breaches Article 17 of the April 26 1913 reorganization loan agreement. They call the loan political and industrial and seek an explanation as the Chinese Parliament had recently approved the same five million dollar gold loan with Continental and Commercial Bank of Chicago to meet administrative needs.
MENTIONED IN THIS ARTICLE
Peking
Fina
Chicago
P Lot
Recen
Cinese
Contineual and Commercial Bank of
C Cago
Wilson Thanks Parker for Support in Campaign
John M. Parker released a White House letter from President Woodrow Wilson dated November 16 praising Parker for his campaign support. Wilson expresses admiration and public duty, hoping to meet again. Parker notes this is the first direct or indirect communication since he introduced Wilson at a Southern Commercial Congress event years ago.
MENTIONED IN THIS ARTICLE
New Orleans
John M. Parker
Wilson
Parker
White House
Washiton
Mr. Parker
Woodrow Wilson
Southern Commercial Congress
Wall Street Bets Pay Off After Election Doubt
New York November 23 Wall Street bets on the presidential race began paying off as traders reassessed Wilson's election. Estimates place totals wagered in the financial district from three to five million dollars as early profits emerge amid uncertainty over final results.
MENTIONED IN THIS ARTICLE
Wall Street
New York
Wilson
Official Kansas presidential vote totals released
Official figures from Topeka show Hughes leading with 277,656 votes and Roosevelt at 314,588. Socialist candidate Debs tallied 24,685 while Hanley of the Prohibition party had 12,882. The soldier vote favored Hughes with 225 for Wilson.
MENTIONED IN THIS ARTICLE
Kansas
Topeka
Kan
Son
Hughes
Hanley
Wilson
Light Real Estate Ads Reach San Antonio Prospects
Thousands of prospective homeowners in San Antonio subscribe to The Light as their daily newspaper. Advertisers are urged to use Light real estate ads to reach these potential buyers.
MENTIONED IN THIS ARTICLE
San Antonio
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Sam C. Bell
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