Cotton Market Surges Late Week Near Month End
The cotton market showed heavy activity with multiple changes as the week closed near month end. Traders noted rapid price shifts and shifting demand signals affecting prices and liquidity.
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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Nov 26, 1916
Page
18
Cotton Market Activity Falters After May Peak
New York reports extreme market activity for cotton with May contracts rising to 21.42 earlier in the week before heavy realizing. By Thursday night May futures fell to 20.26 as worries over export freight costs and war risk, plus declines in Egypt and Liverpool, dampened sentiment.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Neabele
Cotton opening firm with mixed December to October bids
New Orleans reports cotton futures opening firm with bids from December to October ranging from 20.00 to 20.78 and last prices around 20.20. A separate note from New York on November 25 shows seed oil futures closing firm with spot at 12.70 and various contracts listed through June 12.93.
MENTIONED IN THIS ARTICLE
New York
Petcses
Close
Aeetas Ai
Mare
New Orleans
New
Federal probe links Elgin Board of Trade to butter prices
Chicago reports that a federal grand jury investigating food cost rises examines the Elgin Illinois Board of Trade. Officials say information suggests the group fixes butter prices for a large portion of the country and potentially influences world prices.
MENTIONED IN THIS ARTICLE
Chicago
Ill
Elgin
New York Cotton Activity Amid Quiet Fall Trade
Napped cotton and yarns showed strength while sweet lines sold quietly before openings. Raw silk remained quiet and jobbers continued a dull trade for the season, reflecting muted headline demand in New York markets on November 26.
MENTIONED IN THIS ARTICLE
New York
Jobbera
A M College Stock Judging Team Leaves for Chicago
The A M College stock judging team departs College Station for Chicago on November 25 to compete for world championship honors at the International Live Stock Exposition. They will stop at the University of Missouri and visit Missouri and Illinois stock farms before the December 2 contest.
MENTIONED IN THIS ARTICLE
College Station
Tex
A. M. College
Chicago
University of Missouri
Missouri
Illinois
Union Stock Yards
A. &. of Texas
Union
Canada
The
Scientific Agricultural Association
Jack Shellen
Max Gilfillan
Hugh Brooks
J. B. Bennett
H. H. Rothe
P. P
Texas
Kansas
Nebraska
Kentucky
John ¢. Burns
Burns
Professor Burns
United States
Embargo Prospects Drive Wheat Drops in Week
In Chicago on November 25, wheat prices fell 2% to 4% cents per bushel amid rising embargo prospects. Corn and oats declined slightly while provisions rose 19 to 27 cents. News from Washington that a House appropriations committee chief advances embargo measures further pressured wheat. Bullish Argentine conditions helped corn and oats stay firmer, but car scarcity restrained cereal trade. Helgian relief buying supported provisions.
MENTIONED IN THIS ARTICLE
Chicago
United States
Washington
House Committee On Appropriations
Argentina
Wholesale markets list extensive vegetable prices
Readable segments show wholesale prices for potatoes onions tomatoes celery cabbage sweet peppers and more by state with units per hundredweight per crate per bushel. Fruit figures include apples bananas oranges and lemons with box prices. dried fruits canned goods and cereals also priced for trade. notes mention coffee sugar rice and grains with various Texas Illinois California entries.
MENTIONED IN THIS ARTICLE
Colorado
California
Texas
Josou H
Jonathan
Fancy
Ben Davis
Satsumas
Florida
L. M
Freestone
Artiett Dears
Tandara
Patoes
Maxwell House
Japan
Columbia River
Alaska
Grady
Grain futures and quotations across markets
Kansas City futures report shows Wheat Dec 1.77 and May 1.80 dollars. Corn Dec 91c and May 63 1/2c. St Louis prices list No 7 red 1.85 to 1.87 for wheat. corn lower around 6 1/2c. oats and rye mixed. Chicago quotes give Wheat No 2 red 1.82 1/2. No 2 hard 84. Corn No 2 yellow 95 1/2 to 96 1/2. Oats Standard 67 1/2 to 68. Barley 90 to 1.27.
MENTIONED IN THIS ARTICLE
Kansas City
St, Louis
Chicago
Cotton Grower Aid Expanded By Plant Bureau
Washington, Nov. 25. The Agricultural Department reports increased work on wilt root knot and thracnose control in cotton and forage crops across the South. Co operative breeders planted 1545 acres of wilt resistant cotton in South Carolina and produced 6030 bushels of select seed. Alabama yielded 170 bushels. The bureau notes community action as a key to cotton improvement, with Durango and Egyptian varieties proving adaptable and profitable in several regions. The single stalk system for Egyptian cotton in Arizona’s Salt River valley increases yield and eases irrigation and harvesting.
MENTIONED IN THIS ARTICLE
Washington, D. C
South
Bureau of Plant Industry
U. S. Department of Agriculture
States Relations Service
South Carolina
Alabama
Arizona
Durango
Imperial Valley
California
Cotton Belt
Texas
Lone Star
Deep Creek
Holland, Va
Oklahoma
Mexico
Rowden
Triumph
Department
Columbia
Dixie
Holden
Trce
Salt River Valley
Fort Worth Live Stock Prices and Receipts
Fort Worth market reports show cattle receipts about 2500 with steers around 6.00, stockers 5.00 to 6.80, cows 4.00 to 6.00, bulls 4.00 to 5.00, calves 4.60 to 9.25. Hogs receipts 80 with bulk 9.45 to 9.80 and top 9.85. Keepers 100 with lambs 9.50 to 9.99, yearlings 7.50 to 8.60, wethers 7.00 to 7.60, ewes 6.50 to 7.00, goats 3.25 to 5.60.
MENTIONED IN THIS ARTICLE
Fort Worth
Tex
Provision Markets Quotes On Local Packing House Prices
Local packing house quotations to dealers list prices for salt pork and bacon. Dry salt bellies 14 to 16 pounds average 19 cents. Fancy breakfast bacon 28 cents. Fancy hams 22 cents. Bacon bellies 14 to 16 pounds average 20 cents. Pure lard 18 cents. Compound lard 15 cents.
Livestock Receipts and Prices From St Louis and Kansas City Markets
Receipts and quotations show hogs at St Louis with strong demand and prices ranging around 9.25 to 10.10 as bulk trade. Cattle in St Louis include native beef steers up to 11.60 and prime southern beef steers near 8.00, with beef cows around 4.25 to 7.59 and yearlings up to 6.60. Sheep at St Louis list lambs to 11.90 and yearlings to 10.00. Kansas City reports hogs up to 10.10 and cattle with prime fed steers 10.50 to 11.75, southern and cows around 4.75 to 10.25, stockers 5.26 to 7.75, and calves 6.50 to 11.00. Sheep include lambs 11.60 to 12.15 and yearlings 8.75 to 19.00.
MENTIONED IN THIS ARTICLE
ST. Louis
Texas
Kansas City
Sugar futures extend declines as market stays soft
New York reports continued selling in the sugar futures market with prices five to eight points lower. Trading activity included 16,400 tons with December at 4.70, March 3.92, May 4.01, and July 4.08. Raw sugar easy at 5, est nib. Peruvians molasses at 6.01 and centrifugal at 5.88. Refined dull with fine granulated at 7.50.
MENTIONED IN THIS ARTICLE
New York
Rice and butter quotations from New Orleans and Elgin markets
Market notes from New Orleans list reset and clean rice arrivals with counts in sacks and pockets for various grades. Quotations show bran at the same level with other items unchanged. Elgin reports butter at 42 cents per tub for 25 tubs on November 25.
MENTIONED IN THIS ARTICLE
New Orleans
Fales
Honduras
Japan
Elgin
Chicago Market Receipts and Quotations Report
Chicago trading data shows hogs with 20 000 receipts and prices rising 6 to 10 cents above yesterday’s average. Porkers, sows, and calves posted varied quotes, beef cattle and lambs listed with wide ranges, while overall market tone mixed with several categories noted as strong or weak.
MENTIONED IN THIS ARTICLE
Chicago
Ill
Shippers Market Prices In San Antonio and Chicago
Buyers paid steady prices for country produce in San Antonio including Texas creamery 30 34 cents per pound and poultry firm with hens 5.50 to 7.00 per dozen. In Chicago quotations show eggs and potatoes unchanged, poultry alive higher with fowls 14 to 16 cents and turkeys 23 cents.
MENTIONED IN THIS ARTICLE
San Antonio
Enine
Texas
Texas Creamery
Chicago
Weather observations from Guy November 26 1916 8 PM
Weather Bureau notes wind under 10 mph and precipitation under .01 inch not published. Allen Buell provides the observations. The piece includes a Mae/Maggie dialogue fragment from a domestic scene mentioning a mother-in-law and John.
MENTIONED IN THIS ARTICLE
Guy
Wall Street Slumps After Free Selling Hits Markets
Irregular reactionary trading dominated this week as an overbalanced long account gave way to free selling for profits. Copper and metals led declines while refined metal deliveries next year stay steady. United States industrials and railways also fell as Adamson law concerns weighed. Call money rose to 6 percent amid dwindling bank reserves.
MENTIONED IN THIS ARTICLE
New York
Ater
United States
Climate blamed for soaring prices in food and goods
A Washington report cites climate conditions as the leading cause of crop shortages and high living costs. Dealers note cold wet spring and hot dry summer disrupted crops, cotton shortages raise dry goods prices, and wholesalers expect spring contracts to push prices higher.
MENTIONED IN THIS ARTICLE
United States
Ade
Washington
Europe
Coffee futures steady on weak demand in New York
The market opened with No 7 Rio coffee at 9 cents on easy and December at $7.98, while March contract traded at 8.24. Traders watched supply concerns and varied demand as markets prepared for year end.
MENTIONED IN THIS ARTICLE
New York
Rio
New Orleans Cotton Statement by Henry Bester
The weekly cotton statement from Secretary Henry Bester of the New Orleans Cotton Exchange compares figures to actual dates rather than the corresponding weekend. It summarizes current cotton market activity and provides week over week changes for reference.
MENTIONED IN THIS ARTICLE
New Orleans
Henry Bester
Turpentine and Resin Firms Report Mixed Inland Activity
From Savannah on November 25 a turpentine firm shows sales 687, receipts 72, shipments 240, stock 21 847 while a resin firm reports sales 2483, shipments 1045 and stock 6 2einee with prices listed such as 6.35 and 6.70 for various grades, reflecting regional commodity activity.
MENTIONED IN THIS ARTICLE
Savannah
Heootae
Quotations for Butter and Creamery and Potatoes Steady
Kansas City quotes list butter 41c firsts creamery 88c per pound pecking 32c Egege firsts 40c Potatoes steady at 1.65 dollars per peck The Very Man joke about a business man and book agents ends with a pun on selling dictionaries.
MENTIONED IN THIS ARTICLE
Kansas City
Trate
Bank reserve shows mixed changes for New York week
Clearing house banks and trust companies report total reserves in excess of legal requirements at 68.65 million dollars, a drop of 21.25 million from last week. Loans fall while total deposits ease. state banks report a 7.89 million decline in deposits amid rising specie holdings.
MENTIONED IN THIS ARTICLE
New York
Federal Bank
Greater
Truat Companies
Reward Offer After Punch Poisoning At Park Dance
The Junior Hop Club of New Albany Indiana voted a $100 reward for the arrest and conviction of the person or persons who drugged punch at a Glenwood Park dance injuring a dozen or more youths. Doctors suspect Croton oil ipecac or lethalia as the irritant used.
MENTIONED IN THIS ARTICLE
Louisville
New Albany
Ind
Glenwood Park
Park Pavilion
Curious Brimmer Boy’s Question Stuns Mother
A Brimmer boy asking questions unsettles his mother who warns him of danger. He replies with a quip about curiosity killing a cat and asks what the cat wanted to know, leaving a puzzled impression on the scene.
Also Mentioned on This Page
Ae Sales Antonio Saeeereee Sar
NEW York Futures
Cotton Seed Om
Cotton Statistics
U. S
Galveston
Houston
New Orlea
Mobile
Charleston
Great Britain
Perouse
Wewenne
Texas Agricultural & Mechanical College
U. S. Department of Agriculture Weather Bureau
Ahuht Chineper
Saat
Umea
Raiz
Llen Buell
Biateratogtor” Weather Bureau
BEARS
Sudan
Kafpf Orn
Milo
Chicago Grain Futures
BT. Louis Cash Grain
Bureau OF Plant Industry Reports Cotton Grower Aided
Owen Aieh Tow
Jan A. Wee
Lard Dee
Louis
NEW York Sugar
Shippers’ ‘Market
Ban Antonio
U. 8
Department OF Agricultu Weather Bureau
Allen Buell
Weather Bureau
Maggie
High Wind
Abilene
Amarillo
Boston
Mass
S&s Moines
Iowa
Denver
Dodge City
Kan
Helena
Wall Street
NEW York Stock List
Satari Allis-Chalmers
Carana ‘Foundry
Timerican
Taldwin
Altimore
Ethlehem Steel
Sweetees Ll
Sai
Inols Central Eee
Mere
Mar
Ansas City
Nashville
Bett Myers Eee
Beefara Company
Axwell Motors
Tee TA
Mexican Petroleum Ween
Entral Leather Tee
Ennecott Copper
Shef Steel & “Iron
Outhern Pacific
Southern Railway
Pereees
Studebaker
Tennessee Copper
Texas Company
Union Pacific
Enna
United Fruit
States
United States Steel
Virginia-Carp
Tron
Coke Wabash
Gulf States Westinghouse Electric
Bank of London & Mex
Stee
Carranza
M. Marucheau Grain Co
the Central Trust Co
EST Financial Institution Capital
Bank and Trust Company
Our Land Department
John W, Warren
John J, Stevens Albert Steven Sr
John Fest
Ole Wahrmann O, Terrell
Jesse DD. Oppenheimer
Charles Schreiner
R. R. Russell
Adolph Wagner Siegenees , Frew W. Cook
John T, Wilson
Jam
Ren Alfred Duerler
Rand M. W
Terrell
Adolph Aerft
B. Ayres
Hester
Ates
la Ee
Southern Mills
Crew Snes
Ees
FORD
Wallace Bros
Commerce St
Ford Tractor Agency
W. Commerce St. S
the International Bank and Trust Company
Responsibility
West Commerce Street
Justian
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