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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Oct 09, 1916
Page
9
Quotations from principal cotton markets show a downbeat day after news of a German submarine raid. Prices slid in New York and New Orleans with brief rallies, later steadying as fears of European war impact persist. Liverpool closed higher but overall tone remained nervous.
A selling wave hit the market at the open with declines of 3 points from Saturday's close as fears of export difficulties due to German submarines weighed on sentiment. December slipped to 16.90 and January to 16.76 in midday trading, leaving prices about 6 to 46 points lower overall.
New York October 9 futures opened weak with October at 16.92, December 17.08, January 16.90, March 16.95, and May at 17.00. Market activity shows modest declines across near term contracts.
The New Orleans cotton market opened with a sharp drop as submarines disrupted American waters. Early heavy selling followed by a partial rebound left prices 51 to 56 points below the prior close, amid news that war risks had been withdrawn and vessel cargoes canceled.
New Orleans on October 9 sees Cotton futures start irregular at different positions with October at 16.38, December 14.37 asked, January 16.34 asked, March 16.48 and May 16.70.
Liverpool cotton market on October 9 reports good middling at 10.20 pence, middling 10.06, and ordinary middling 9.90. Total sales reach 12,000 bales with 1,200 for speculation and export. receipts 22,000 bales.
Liverpool reports futures trading with values across the curve. October nine point seven six and a half percent, October-November nine point seven five. November-December nine point seven four four. The table lists successive monthly pairings with small variations and a steady pattern through August-September.
Miss May Irwin seeks an injunction against Miss Florence De Hockman to prohibit displaying more than two shirtwaists in a show window. The suit hinges on a lease clause and fears that an overbearing display may intensify competition with another tenant in the same building.
San Antonians will welcome real spruce trees arriving from Tacoma, Washington about November 15. Local dealers plan to stock at least 1000 trees ranging from five to thirty five feet, replacing cedars and offering lower prices. A stately 85 foot spruce will adorn the Gunter hotel with another tree donated to the Rotary Club.
A detailed price sheet lists wholesale prices for potatoes onions celery cabbage peppers and fruits by region and unit. It notes trade terms and shipper payments with numerous items including apples bananas oranges limes peaches grapes and dried fruits along with canned goods and meats.
Washington reports October 1 forecasts from the Agriculture Department for major crops. Projected production includes spring wheat 152,851,000 bushels, all wheat 607,587,000, corn 2,717,983,000, oats 1,229,182,000, rice 23,160,000, tobacco 1,203,077,000 and other items such as pears 10,193,000 apples 66,109,000 and beans 9,924,000.
The report notes steady demand and prices for Texas produce in San Antonio. Butter and dairy costs show creamery at 28 30 cents per pound, country at 22 cents, packing stock 20 to 21 cents. Poultry ranges include hens at 6.00 per dozen, large fryers 6.50, broilers 2.50 to 4.00, turkeys 19 cents per pound, ducks 34 to 80 cents per dozen, geese 6 to 8 dollars.
Chicago market report lists butter as firm with creamery quotes near 4 3/4 to 6 1/4 cents. Eggs steady with firsts 20 3 4 cents and ordinary firsts 22 to 29 cents. Potatoes unsettled with receipts 80 cars. Minnesota and Dakota prices ranged around 1.15 to 1.20 for standard. Wisconsin whites lower. Feeds and other items noted with small adjustments.
Quotations today show Butter Creamery 36c, firsts 30%c, seconds 29%c, packing grade. Eggs firsts 30c. Poultry Hens 19c, roosters 11c, broilers 15c. Potatoes firm. Kaw Valley early Ohios priced at 1.15 to 1.20 per sack.
Temperature and rainfall data for the Houston district stations for the 24 hours ending 8 a m, with remarks noting general weather conditions. Issued by the Cotton Region Bureau in Antonio.
In a tiring case two countrymen explained matters to the magistrate. The plaintiff finally clarifies that bricks, not a complaint, were hurled at him, and the dispute centered on the insult when the bricks missed.
A mother complains as Freddie and siblings play house while he acts as a collector, repeatedly ringing the doorbell and spoiling an afternoon nap. The scene highlights a child’s imaginative play and interruptions at home.
New York October 9 The market opened in panic due to German submarine activity in American waters. War stocks led declines with drops from five to nearly twenty points. Marine preferred slumped thirteen points, Republic Steel eighteen, United States Steel and Crucible Steel also sharply down. Rail firms like Union Pacific Reading New York Central and Baltimore & Ohio fell three to six points. Some recovery appeared as strong issues regained much of their losses.
Dr Cecile L Grief urges turning building roofs into playgrounds in congested New York to give East Side children, especially those from Hebrew homes, access to fresh air and green space. Louis J Frank of Beth Israel Hospital offers roof space and three hospital houses for experimental units with hammocks sand pits and instructors. The plan aims to reduce infection risk and improve life chances for needy youngsters this summer.
Two friends catch up after months. One works in a powder factory earning 22 dollars a week. They ponder prospects and the chance of a rise at any minute.
Union Stock Yards reports a dull start as heavy cattle supplies persist. Twelve carloads arrived last night delaying clearance. Steers bring 5.50 to 6, calves 5 to 6, cows 4.50 to 5, best hogs at 9.26, with moderates in supply and receipts growing.
In St. Louis on October 9 receipts showed hogs totaling about 7500 with steady to five cent higher quotes from light to heavy grades. Cattle receipts reached 11,000 with market easing. native beef steers 7.60 to 11.00, cows 4.50 to 7.50, prime yearling steers 7.50 to 9.00, calves 6.00 to 11.75. Sheep receipts 2000 with steady market. lambs 7.00 to 10.25, ewes 5.00 to 7.26, yearlings 8.00 to 8.75.
Chicago reads as of Oct 9 with hogs and cattle prices and receipts. Hogs show varied loads from light to heavy with prices near 9 to 10 dollars. cattle receipts reach 25,000 with native beef cattle at 6.60 to 11.35 and calves 8.00 to 12.50. Sheep and lambs firm with wethers 6.60 to 8.25 and lambs 7.26 to 10.30.
Receipts and quotes for Hogs Cattle and Sheep in Kansas City on October 9 show hogs at 11 000 head with a steady market and prices from 8.00 to 9.75. Cattle receipts 22 000 with steady tone and values including prime fed steers 9.50 to 10.75 and cows around 4.65 to 5.75. Sheep receipts 14 000 with lambs 9.40 to 10.00 and yearlings 7.50, wethers 7.00 to 7.75 and ewes 6.50.
Receipts show cattle 1200 and hogs 2190 with hogs five cents lower. Sheep receipts listed with market steady. Local consignors include Wagonblast Blanco and Moffett & son with cattle and cows totals and prices. entries from Coalgate Colgate area noted.
Observations at 8 am on Monday October 9 1916 from the Weather Bureau note light wind under 10 mph and precipitation under .01 inch not published. Meteorologist Allen Buell signs the bulletin. The remainder contains dialogue fragments about photography and developing negatives not related to the weather data.
Chicago report notes submarine activity and selling rushes caused a sharp early setback in wheat prices but a strong recovery followed. Argentina crop damage and higher Liverpool prices buoyed demand with December at 1.55 to 1.58 dollars and May at 1.54 to 1.56. Corn and oats mirrored grain trends as German naval action influenced pork lard and rib futures.
Quotations for dry salt pork products include dry salt extras 16 of bacon extras 18 per cent dry salt bellies 14 16 pound average 18 per cent fancy breakfast bacon 28 per cent fancy hams 22 per cent bacon bellies 14 16 bound average 20 per cent Pure lard 164 compound 134 per cent
Analysis argues China cannot be boxed into northern versus southern groups. Leaders fall into military and non military camps. Yuan Shi kai led the militarist clan, while Liang Shih yi and Cantonese figures waned after Yuan’s death. Tuan Chi jui is a militarist but not Yuan’s imperialist.
The piece outlines competing Chinese factions led by Li Yuan-hung and Tuan Chi-jui, contrasting Yuan Shi kai loyalists who favor military strength with anti Yuan supporters who seek reduced armed force to restore harmony in Peking and Shanghai negotiations. It mentions the southern leaders wary of Beijing, and a light note about a girl’s confusion over baseball and an umpire.
Spokane officials approve a private school elevator for Donald Burcham, a paralyzed pupil. The 30 by 36 inch lift with 50 pound capacity will serve grades above four on the second floor, with keys held by Mrs. Burcham and principal E. F. Miller.
A dialogue fragment shows one speaker praising Wagner and another questioning taste. The exchange reveals how musical topics can be used to relieve conversational strain and provoke continued talking.
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