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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Oct 07, 1916
Page
7
San Antonio market figures show steady prices for country produce on Saturday. Texans candied fruit 19 990e per unit, creamery butter 28 30 cents per pound, country butter 21 22 cents, packing stock 20 212 per pound. Poultry very firm with hens at 6.00 per dozen, large fryers 6.50 to 7.00, turkeys 17 to 18 cents per pound, ducks 5.00 to 6.60 per dozen, geese 6.00 per dozen.
New York report shows cotton seed oil closing at 11.40 11.01 19.90 10.91 11.00 with 27,200 units traded. Elgin butter from Elgin, US, is noted. Butter in Elgin on Oct 7 priced at 25 tubs at dikec.
Cotton prices rise as traders react to a strong report from the Spinners Association in New Orleans. Market watchers note firm demand and limited supply pushing futures higher across manmade fiber substitutes.
The Oct 7 Cotton Exchange notes bullish opening as colder weather and a positive spinners' report lift values. Northern pits show gains with New York up 19 to 23 points, New Orleans 18 to 20 points, and spot sales in San Antonio listing good to strict middling grades.
The New York cotton market opens unsettled with initial advances of 7 to 8 points. December slips to 17.03 and January to 16.94 after overnight orders. later the market steadies and climbs, finishing 18 to 25 points higher for the day amid active covering and limited offerings.
Eleven 60 clock call in Liverpool is due to open Monday with a predicted gain of 11% to 16% points. The 11 o'clock call follows.
In New Orleans cotton prices fell 4 to 9 points in early trading as moderate short selling rose amid very favorable belt weather. Futures opened steady with listed bids for October through May reflecting cautious activity and slight gains.
Data indicates United States exports and stock levels for the current season differ from values reported last year. The report compares stock on hand and export totals with figures from the same day last week and the same day last year.
Temperature and rainfall readings for the Houston district stations for the 24 hours ending at 7 a.m. follow. The belt shows generally fair weather and above normal temperatures. Allen Buell, Weather Bureau.
United States Department of Agriculture Weather Bureau reports 8 a m observations for Saturday October 7 1916. Wind speeds under 19 mph and rainfall under .01 inch are not published in this bulletin. Meteorologist Weather Bureau.
The copper market remained firm as electrolytic deliveries for the balance of the year showed nominal quotations from 28.50 to 29.25 cents. A large agency reported January sales at 28.00 with today’s first quarter quotes at 27.29 to 28.00. Tin was unchanged.
South Texas merchants in smaller towns increasingly buy wholesale stock locally instead of San Antonio and St. Louis suppliers. Local wholesalers report higher demand, rising prices for dry goods, groceries, and fruits, and constrain orders to 160 percent of last year’s. Several South Texas merchants traveled to St. Louis but returned to buy locally, boosting the San Antonio trade.
The market rallied as peace talk denial boosted wheat, with Buenos Aires prices lifting late trading. Argentina drought extended into the south and west, while Britain’s potential seizure of Canadian surplus buoyed sentiment. December closed up about 6 cents, May at roughly 58 to 59 cents gains.
Quotations for wheat, corn and oats appear with No 2 red and No 2 yellow prices. Wheat at No 2 red nominal and No 2 hard around 1.64 dollars. Corn No 2 yellow roughly 89.0 cents. Oats standard around 48 to 49 cents.
Quotations show wheat higher and oats lower with No 2 hard at $1.63 to $1.79, No 2 white around 47 to 48 cents, rye steady near $1.24 to $1.25, reflecting a mixed trading day in St Louis markets.
Quotations today show wheat unchanged to 2¢ higher with No 2 hard at 1.40 to 1.65 and No 2 red at 1.59 to 1.61. Corn remains steady with No 2 mixed at 84c and No 2 white at about 96c. Oats hold steady to fractional gains with No 2 white around 47 to 48c and No 2 mixed near 45 to 46c.
Kansas City trading on October 7 shows mixed grain futures. Wheat December 1.53% per bushel and May 1.44% advance. Corn December 71 1/2 cents and May 77 cents.
Chicago market quotes show open high low close figures with meat and lard values. San Antonio provisions report total packing house quotations for Saturday including dry salt bacon options bellies and lard prices with percent and average weights.
YORK October seventh report shows No 7 Entures coffee prices steady as December and March futures were quoted around 8.52 in a cautious market.
In a Wisconsin State Journal excerpt, a dining couple discusses a wishbone ritual. He explains the pull decides the wish, she doubts what to wish, and he offers to wish for her, prompting a playful confession of affection as the scene centers on romance and superstition.
The local live stock market remains dull with little trading. Dealers expect a brighter trade mid next week as supplies lighten. Cattle receipts 692 with 345 for market. hogs 65 for market. prices for steers 5.50 to 6.00, hogs 8 to 9 for top quality.
In St. Louis Missouri quotations show hog receipts and prices across divisions with mixed and butchers ranges. Native beef steers and stockers edge higher with price bands noted. cows, yearlings, and prime steers listed. Sheep receipts and prices described with slaughter and bleating categories and yearling figures.
Hog receipts 12 000 market slow. bulk 9.40 to 9.60. light 9.05 to 9.95. mixed 20 69 9.95. heavy 9.00 to 9.95. pigs 6 75 9.25. Cattle receipts 600 market steady. native beef cattle 6.60 to 11.35. western steers 4.15 to 9.40. stockers and feeders 4.75 to 7.75. cows and heifers 3.50 to 9.40. calves 3.00 to 12.50. Sheep receipts 6 000 market weak. wethers 6.50 to 8.25. lambs 7.00 to 10.30.
Kansas City market data show receipts of 1000 cattle and 400 cattle with steady markets. Prime fed steers quoted 9.50 to 10.75, dressed beef 7.00 to 9.25, cows 4.60 to 7.25, stockers and feeders 6.25 to 8.0, and lambs around 9.00 to 10.00 with wethers 7.00 to 7.75 and ewes 7.26.
Wholesale market listings show prices to retailers and shippers for a wide range of produce. Potatoes at $2.50 from Colorado, onions $3.00 cwt California yellow, tomatoes $1.25 to $1.36, celery per dozen, peppers in crates, beets by dozen, beans, squash, gourds, lettuce, parsley, eggplant, cucumbers, and assorted fruits including apples at $1.50 to $2.10, bananas at $3.25 to $3.50 per hundredweight, grapes, lemons, limes, peaches, prunes, dates, dried fruits, and canned goods with varied box and per-pound pricing.
New York, Oct 7. Denials of peace rumors sparked a stock market rebound with gains in leading rails and United States Steel. Heavy selling paused as fresh buying returned, especially in war issues, leaving a strong close though overall tone remained uncertain and bonds irregular.
Money markets report Mercantile paper at 6 1 2 percent, 60 days 7 3 4, demand funds at 4 3 4 11 16, cables 4 7 6 7 1 francs, demand and cables 4 8 4 percent. Bar silver at 68 3 4 percent, Mexican dollars 52 graphics. Government bonds strong. railroad bonds irregular. London discount rates show short bills 4 1 2 to 5 percent, three months 6 1 4 to 5 percent.
The weekly statement shows banks and trust companies hold an excess reserve of 82.6 million dollars, down about 6.63 million from last week. Aggregate reserves stand at 653.78 million with notable declines in specie and federal reserve bank positions.
Chicago produce prices show butter firm at Creamery 30 34 % and market notes for eggs hens and roosters, potatoes steady. Kaw Valley early Ohios quoted at 1.15 to 1.20, receipts and poultry unchanged.
City Clerk Fred Fries gives publication notice under a resolution to property owners on Romana Street between Augusta Street and North Flores Street regarding matters contained in the resolution and action to be taken by the city.
City commissioners approve plat and engineer statement for Romana Street from Augusta to North Flores. Hearing set for October 23 to consider special assessments on abutting properties and railroad properties, with costs apportioned per block and front foot plan.
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