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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Oct 02, 1916
Page
13
For sale or exchange a high grade South Side apartment building with 24 flats and 4 to 6 rooms. Annual rental £12,000, mortgage $55,000, will consider clear farm land for equity. White walls address 1129 E 63rd St Chicago.
Washington Oct 2 The cen bureau reports 4 062 991 bales ginned before September 25 this year dwarfing prior totals. State tallies show Georgia 744 202 bales and Texas 1 896 520 bales, with several others contributing smaller amounts as overall U S production trends remain uncertain despite high early ginnings.
Cotton prices rise by four dollars per bale in anticipation of the bureau report. Liverpool markets show firmer tone as traders await official figures and demand remains steady.
The Cotton Exchange reports a bullish surge as the government bureau estimate lifts prices, with New York and New Orleans leading gains. After the report, prices pulled back from intraday highs but remained above start levels, with spots showing solid gains across grades and cities including San Antonio Houston Galveston and Liverpool.
The cotton market opened with strong activity after the census showed 4,062,991 bales ginned before Sept. 25, a new high. December rose to 16.57, January to 16.41, and May to 17 cents, with several contracts at new season highs. Official crop data and bullish Washington notes spurred demand. midday quotes: January around 16.78 and 68 points up from earlier highs, while December and January held around 16.68 and 16.73 later in the day.
Cotton futures opened firm on October 15 at 15.85 and moved across the curve to December 16.16 January 16.42 March 16.61 May 16.84 and July 16.98. Closing showed a steady tone with mixed high and low readings for October December January and beyond.
The New Orleans cotton market opened strong with gains around 60 points on the most active months amid heavy buying after the Census Bureau season report. Prices climbed to season highs before retreating slightly at midday and finishing with a modest net rise by 1:30 p.m.
Partial OCR notes show figures December 18 72 and March May values, futures close, Liverpool and New York calls, and several numbers around 16.86 16.70 with unclear context. Overall content is unreliable but indicates market chatter and dated references.
Spot cotton in Liverpool on October 2 shows good middling at 9.834 cents, middling 9.494 cents, and low middling 9.3 cents. Sales reach 10,000 bales with 100 for speculation. No receipts reported.
Liverpool brokers report unsettled futures as October and November contracts show slight variations. October 9.58 id, October-November 9.574, November-December 9.6714, and November 9.1 reflect a cautious trading day with minor shifts.
Prices across cotton goods rise as mills operate at full capacity. Duck and ginghams show gains while brown and bleached cottons trend higher. Yarns stay firm and knit goods stay active despite labor shortages. Local food and produce markets see steady to unchanged prices with light receipts. California fruit arrivals remain brisk with rainfall delaying new supplies.
Wholesale markets list buying rates for potatoes onions tomatoes celery cabbage peppers beets green beans squash carrots turnips chili peppers lettuce parsley eggplant spinach cantaloupes cucumbers and other produce. Fresh fruits include apples bananas oranges lemons limes peaches grapes kraut prunes apricots figs and more with unit prices per pound, bushel, box or crate and regional origins such as California Colorado Texas and Washington.
Kansas City daily market quotes show Hutter creamery products at 33c firsts 29 1/2c seconds 23c kings 24c. Eggs: price noted as Pirets toe. Poultry: 8c, roosters 11c, broilers 11c.
A New York market note lists centrifugal sugar at 6 dollars, molasses at 5.06, cut loaf at 7.90, crushed sugar around 7, powdered varieties at 4.85 to 6.7, and confectioners sugar near 6.66 to 6.60 based on grade. Prices reflect multiple product forms and quality grades.
Markets rise as Rosario reports long drought hurting Argentine crops. Chicago notes December wheat from 1.54% to 1.64% early, closing around 1.56% for December and 1.65% for May. Corn and oats also gain while hog weakness weighs on provisions. Most trading centers on January options.
Quotations show a range for wheat with No 2 and No 3 grades around 1.57 to 1.59 in Chicago trading. Barley quoted at 78 cents to 1.15, while oats and corn prices appear mixed. Industry indicators reflect standard contracts and commodity ranges.
Quotations show wheat rising with 2 red at 1.60 to 1.62 and No 2 hard higher. No 2 red mill feed and No 2 white oats gain to 46 to 47 cents. No 2 white remains nominal.
Market notes indicate wheat steady to higher with No 2 hard at 1.54 and 1.61 percent, No 2 red at 53 cents and 1.69. Corn remains steady to lower with No 2 mixed at 83 to 84 cents and No 2 white 83 to 84 cents and No 2 yellow 84 to 86 cents. Oats hold with white 46 to 47 cents and No 2 mixed 45 to 46 cents. Il
Kansas City on October 2 grain futures closed with Wheat at 1 dollar Dec 51 percent and May 1.52 dollars. Corn traded Dec 72 x c and May 75 x c.
Quotations from Chicago markets for San Antonio provisions list dry sale extras 16 ¼ cents bacon extras 18 cents dry salt bellies 14 16 pounds 18 1 2 cents fancy breakfast bacon fancy hams week bacon bellies pure lard compound 13 cents.
Heavy cattle receipts slowed the local market at Union Stock Yards on October 2. Traders found buyers less keen for butcher stock though yearling steers sold around 6.25 to 6.50 and cows about 6.50. Calves 6.0 to 6.50. Hogs weaker outside. local butcher stock sold 7 to 9.76. Totals: yards cattle 1529 calves 501 hogs 220 sheep 1850 horses 61. Market totals show cattle 1629 calves 601 hogs 156.
Fort Worth market notes receipts around 4000 cattle and 4000 sheep. Steers bring 8.70 to 9.60, stockers 5.50 to 6.40, cows 4.00 to 5.55, calves 4.56 to 9.00. Sheep and lambs largely steady with lambs 8.50, mutton around 6.76 to 7.50, ewes 6.00 to 7.00, goats listed with unclear figures. Receipts show slight declines in some categories versus prior.
Chicago reports hogs with 36 000 receipts and a dull market. Prices range light to heavy in the 9.25 to 10.80 area, pigs around 6.50. Cattle receipts include beef cattle 6.40 to 11.26 and feeders 4.60 to 6.75, calves 3.40 to 9.26. Sheep receipts 42 000 with market weak. wethers 6.50 to 8. Lambs 6.40 to 10.00.
St Louis stockyards report receipts about 10 500 hogs and 2300 sheep with a mixed march over lower prices. Hog prices range from 8.00 to 10.50 with bulk hogs around 9.50. Cattle quotes show native steers 7.50 to 11.00 and cows 4.50 to 7.50 with primes up to 9.00. Sheep and yearlings quoted around 8.00 to 9.50.
Receipts and market notes show cattle, hogs, and sheep selling with mixed to steady tendencies. Prime fed steers bring 9.50 to 10.75, cows 4.60 to 7.25, lambs 9.00 to 9.46, with hogs and other cattle values listed alongside.
Shippers report steady to firm bids in San Antonio on Monday for country produce. Butter and creamery products hold around 28 3/100 to 22 cents per pound, poultry prices show strength with hens and turkeys in the six to seven dollar range per dozen, and ducks and geese around five to six dollars per unit.
Lead prices move at New York markets with ranges from 7.00 to 7.20 dollars per unit and London listings show lead at 31 pounds sterling per unit and pelter rates around 52 pounds sterling. Market activity noted from Oct 2.
Market notes from Chicago Iowa dated Oct 2 show butter and creamery prices higher and firsts at peg marks. Potatoes reach high, with Maine cobblers around 1.05 to 1.80 per unit. A new device claims to let a man cut his own hair without instruction.
New York October 2 Developments over the weekend, notably favorable railway earnings, gave strength to investment stocks at the open Norfolk and Western rose to a new high 138 1 2 and demand for coalers such as Lehigh Valley Erie and Reading Illinois Central and Northern Pacific also active. Industrials led by United States Steel American Can Pressed Steel Car and Colorado Fuel rose 1 2 points while leading equipment and metals gained. The session saw notable apathy mid day with rails and some specialties at low quotes but recovered into a final rise in marine equipment and stocks. The market closed irregular amid continued high activity and greater price fluctuations from professional pressure.
U.S. natural gas use in 1915 reached a record 628.68 billion cubic feet, up 4 percent from 1914. Average price at consumption was 16.12 cents per thousand cubic feet. total market value $101.31 million, up $7.20 million. Domestic consumption 35 percent. industrial 65 percent. West Virginia led production at $36.42 million. Pennsylvania, Ohio, Oklahoma following. California, Kansas each over $4 million. Texas, New York, Louisiana above $2 million.
Interest in steel for railroad equipment and ocean ships dominated last week with contracts for about 75 000 tons of bars plates and shapes placed by car manufacturers. Domestic shipments total over 200 600 tons with shipyards tank makers and boiler shops adding 25 000 tons of plates. September contracts reached 113 000 tons proposed and pig iron sales exceeded 900 000 tons.
Cotton region bulletin from San Antonio reports 7 am observations and notes minimal precipitation. Illinois Central shows fiscal year 1916 revenue up 11.21 percent and net income of 11,807,565. France cultivates young trees for umbrella handles.
Washington reports storms and boll weevil damage cut the 1916 cotton crop to about 11,367,000 bales from an earlier forecast of 14,266,600. Septembers condition fell to 56.3 percent, with significant losses from Texas Arkansas Alabama Louisiana Florida and other states.
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