Quick 10 Shares Burst With Heavy Profits
Rapid trading shows bulging market gains for Quick 10 shares amid wild activity. Investors chase quick profits as prices surge and volatility rises across platforms.
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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Oct 24, 1916
Page
9
Cotton market swings drive up and down prices
Bullish pressure lifts distant months while near months soar to highs before profit taking pulls futures back. New Orleans and New York trade volumes surge as spot prices edge higher with middling and low middling quotes reported across Texas and Southern markets.
New York Cotton Market Sees Renewed Activity and Higher Opens
The New York cotton market opened with renewed activity as prices rose 8 to 9 points net, with deliveries reaching new seasonal highs. January and March futures fluctuated, with January around 19.25 to 19.35 and March near 19.40 to 19.46 as trading showed a mix of selling pressure and renewed bull support amid unsettled tones.
MENTIONED IN THIS ARTICLE
York
Arch
Commission House
Ely
Cotton futures drift near steady amid active early session
York market reports cotton futures barely steady with December at 19.44, March 19.47, May 19.57 and highs near 19.64. The 11 o’clock call notes unsettled activity and gains of up to about 16 points in Wetnantes area as prices fluctuated through the session.
MENTIONED IN THIS ARTICLE
York
New highs seen in New Orleans cotton market
On a week of buying activity in New Orleans the cotton market jumped 24 to 32 points in early trading as new highs appeared for all future months. Cables were stronger and orders flowed in from outside traders, but buying pressure pushed the market down toward Monday's close amid bullish reports from Bombay.
MENTIONED IN THIS ARTICLE
Pening
New Orleans
New York
Orleans
Bombay
East Indian Crop Progress Lifts Market Prices Into Afternoon
Progress of the East Indian crop provided a stimulating feature as noon prices stood 19 to 23 points above yesterday's finals. The market grew unsettled in the afternoon with heavy liquidation, though large exports offered a sustaining influence. By 1:30 prices showed a net rise of 16 to 18 points.
Irregular Start Seen in Cotton Futures Trade
New Orleans cotton prices opened irregular with bids showing December at 18.88 cents, January 18.91, March 19.19, May 19.42, and July 19.53 as asked. Market quotes show scattered adjustments across contracts with firmer nearby activity and only partial clarity on subsequent positions.
MENTIONED IN THIS ARTICLE
New Orleans
F . Lew
Mon
Mase Cicivicccescreee
Liverpool Cotton Prices and Trade Totals
Liverpool cotton market shows good demand with futures steady. Prices list Good Middling at 11.5, Middling around 11.13, and Low Middling near 10.97 per unit with 910,000 bales traded, including 9,800 American and 24,000 bales, of which 19,600 were American.
MENTIONED IN THIS ARTICLE
Liverpool
Catton
Bates
America
Steceipte
Futures Close Feverish In Liverpool Trading
Futures markets in Liverpool closed unsettled with mixed bids. Prices for various months show small shifts from October through August with most contracts around 10.8 to 11.0 pence per pound and odd spikes noted on some spreads.
MENTIONED IN THIS ARTICLE
Liverpool
Atetee
Cotton Statistics Show Mixed U S Bale Totals
Data from Galveston and other ports list bales for various cities including Houston New Orleans Mobile and Norfolk with figures for stock on hand and deficits. Current season deficit tallies 101 154 bales versus prior year and last week stock totals compare with the year prior.
Spot Cotton Rises With Limited Offers in Charlotte
Spot cotton in Charlotte advanced 2.50 per bale with few bales offered. The market held around 19 cents. In Montgomery prices stood at 19 cents as cotton men expected higher levels and few sales were recorded.
MENTIONED IN THIS ARTICLE
Charlotte
N. C
Montgomery
Ala
Insurance agents confront Texas licensing ruling
Insurance representatives in Texas face confusion after a state attorney general ruling effectively ends insurance brokerage in the state. The State Fire Insurance Commission announced a hearing for next Thursday, inviting company representatives from across Texas to seek clarity on the new requirement that insurance be dealt only by licensed agents of companies with Texas permits.
MENTIONED IN THIS ARTICLE
Austin
Texas
Attorney General's Department
State Fire Insurance Commission
Marine Intelligence Galveston Ships Sailed
Sailed: Jose and Victoria de Lecomte from Galveston to Manchester El Occidente New York Elswick Hall to Liverpool Newa Dan Aarhus via Louisboro Commodore Rolling to Cuban ports and Kingston.
MENTIONED IN THIS ARTICLE
Galveston
Tex
Jose and
Victoria de Lecomte
Manchester
el Occidente
New York
Elswick Hall
Liverpool
Newa
Dan
Aarhus
Louisboro
Cuban
Kingston
Rice prices and receipts in New Orleans market
New Orleans market reports show rough and clean rice demand with 14 546 rough sacks received and 8 105 clean pockets sold. Trade includes Honduras and Carolina consignments with Blue Rose and Japan lines, while quotations list rough and clean prices.
MENTIONED IN THIS ARTICLE
New Orleans
Millers
Rough Honduras
Carolina
Japan
Blue Rose
Honduras
Qaeas
Blue Ttese
Turpentine and Resin Firms Text Scrambled Prices
A Savannah report lists turpentine firm sales of 198 and shipments 141 with receipts of sevent y one percent resin firm sales 73 and shipments 150 with receipts eighty. Quotations show varied figures including an 86.46 and 24.50 for different grades and firms, amid a mix of illegible symbols.
MENTIONED IN THIS ARTICLE
Savannah
Etna
Weather in Argentina shifts wheat market bears
Unsettled weather in Argentina hints drought relief and sparks mixed wheat trading. Exporters questioned damage levels while bulls cited weaker European demand. prices rose briefly after 2.6 million bushels exported were reported. Closing prices showed gains in wheat and oats with corn drawing some support from late rally in wheat.
MENTIONED IN THIS ARTICLE
Chicago
Ill
Argentina
Subs Uently
Market Quotes From St Louis Grain Prices Rise
Quotations show wheat up with No 2 red at 1.83 to 1.85 a bushel and No 2 hard 1.76 to 1.83. Corn declines to 99 cents for No 2 and No 2 white. Oats advance with No 2 at 51 4 to 52 cents and No 2 white at 53 1 2 cents. Rye climbs to 1.36.
MENTIONED IN THIS ARTICLE
ST. Louis
Wheat and corn futures report from Kansas City
Quotation roundup shows wheat unchanged to slightly higher with No. 2 hard at 1.74 to 1.81 and No. 2 red at 1.72 to 1.77. Corn shows No. 2 lower, mixed at 95 to 98 cents for No. 2 white 98c, No. 2 yellow 98c to 1.00 per bushel, and rye at 1.29 to 1.30.
MENTIONED IN THIS ARTICLE
Kansas City
Standards Bureau Eyes Gasoline Quality Tests
Washington October 24 The Bureau of Standards and the Bureau of Mines outline plans for standardizing gasoline quality through an exhaustive study. They discuss distillation based specifications, limiting aromatic content, and the need for expert testing to ensure safe easy engine starting while avoiding market disruption.
MENTIONED IN THIS ARTICLE
Washington, D. C
Bureau of Standards
Bureau of Mines
Pennsylvania
Cattle market steadier as buyers show broader demand
Union Stock Yards report Oct 24 notes a steadier livestock market with brisker trading. Demand for stocker cattle improved and butcher cattle offerings were larger though prices varied from 4.76 to 5.50 for extra choice stock. Hogs were nearly unchanged locally and in outside markets.
MENTIONED IN THIS ARTICLE
Union Stock Yards
Market Recap Kansas City Hogs Cattle and Sheep Prices
Receipts and quotations show hogs 16 000 head market higher with heavy at 10.15 to 10.40 and packers 10.00 to 10.30. cattle receipts 23 000 including 600 southern fed steers 9.60 to 11.00 for primes and 7.00 to 9.25 dressed. calves 6.00 to 9.00. sheep 15 000 with lambs 9.90 to 10.60 and ewes 6.50 to 7.26.
MENTIONED IN THIS ARTICLE
Kansas City
Chicago
St. Louie
Oklahoma City
Grain futures close with mixed gains in Kansas City
Kansas City grain closes show wheat for December at 1 734 and May at 74 percent, corn for December at 8 17/16, May at 9 1/4, reflecting modest gains as markets respond to demand and harvest news.
MENTIONED IN THIS ARTICLE
Kansas City
Market Quotations From Chicago and New York Trade
PROVISION MARKETS CHICAGO IL Oct 24 Quoted local packing house items for Tuesday Dry salt extras 16% c bacon extras 18c dry salt bacons 14-16 lb average 18% c fancy breakfast bacon 28c fancy hams 22c bacon bellies 14-16 lb average 20 Pure lard 17%4 compound 14c New York Oct 24 Cotton goods strong Yarn s firm higher dress goods active raw silk steady and prices high Jobbers active.
MENTIONED IN THIS ARTICLE
New York
Ress
Chicago
Chicago Hog and Cattle Market Report
Chicago market report shows hog receipts 96 000 with prices $9.70 to 10.50 for various weights and a firm tone. Cattle receipts 15 000 with native beef prices 6.70 to 11.50 and western 6.20 to 9.50 while stockers and feeders bring 6 to 7.75. Sheep receipts 76 000 with steady sale, wethers 7.00 to 8.25 and lambs 8.25 to 10.65.
MENTIONED IN THIS ARTICLE
Chicago
Ill
Fort Worth cattle and hog market report
Fort Worth Texas cattle receipts 7500 steady market with steers 6.00 to 7.75 stockers 6.00 to 6.65 heifers 5.50 to 7.60 cows 3.25 to 6.25 bulls 4.00 to 5.00 calves 4.50 to 8.60 Hog receipts 2500 market 5 to 10 cents higher top 10.15 Sheep receipts 4100 steady with yearlings 7.00 to 8.00 wethers 6.75 to 7.25 ewes 6.00 to 7.00.
MENTIONED IN THIS ARTICLE
Fort Worth
Tex
Oklahoma City cattle and hog prices report
Daily cattle sales in Oklahoma City show receipts of 1100 cattle at steady prices and 1900 hogs up 10 cents with top at 10.26. Yesterday’s sales list include Wheeler Texas steers and Shamrock Texas calves among others with varied weights and prices.
MENTIONED IN THIS ARTICLE
Oklahoma City
Okla
Receipts and Prices for Hogs Cattle and Sheep in St Louis Market
In St Louis on Oct 24, hog receipts 1200 with market about 5 cents higher. Cattle receipts 7000 with market steady. native beef steers 7.50 to 11.00. cows 5.50 to 7.50. stockers 5.30 to 7.50. prime southern steers 8.00 to 9.00. Sheep receipts 3500 with market steady.
MENTIONED IN THIS ARTICLE
ST. Louis
Highey Agate
Texas
Prime Southern
Complaint seeks end of livestock car cleaning charge
The National Live Stock Exchange filed a formal complaint with the Interstate Commerce Commission asking that charges for cleaning and disinfecting livestock cars be discontinued. Defendants include the Abilene & Southern Railway, all Texas carriers, and nearly every railroad in the country. The action seeks that carriers provide disinfected, safe cars to shippers at no extra cost as in the past.
MENTIONED IN THIS ARTICLE
Washington
Intertate Commerce Commission
National Live Stock Exchange
Abilene & Southern Railway
Texas
Bethlehem Steel Leads Early Stock Market Rally
Bethlehem Steel moved higher at the opening, rising to 593 then 619, a new high, as Cooper, Utah, American Sugar and others gained. United States Steel opened up but then fell back. Atchison rails showed strong demand for Union Pacific, Reading and New York Central. Afternoon trading saw losses in paper and leather stocks, with Central Leather posting a new earnings high.
MENTIONED IN THIS ARTICLE
New York
Bethlehem Steel
Cooper
Utah
American Sugar
Central Leather
Republic Tron
Industrial Alcohol and Texas Company
United States Steel
Atchison
Union Pacific
Reading
New York Central
Central
Allis-Chalmers
American Car & Foundry
American Tel
Atlantic Coast ‘Line
Wee
Baldwin Locomotive
Baltimore & Ohio
Canadian Pacific
Chesapeake & Ohio
Tee
Chicago, Mil. & St. Paul
Chicago, R. I. & Pacific Ry
Consolidated
General Electric
Steneveene
ABBY
Great Northern
Great Northern Ore
Eees
Illinois Central
Neers
Inter. Merc
Kansas City Southern
Loutaville & Nashville
Liggett & Myera
Lorillard Co
Norfolk & Western
Ius
Northern Pacific
Eae
Pennsylvania
Rep. Iron & Stee
Seaboard Air Line
Sloss, Shef, Steel & Iron
Southern Pacific Tee Beware
Southern Railway
Southern Railward
Studebaker Corporation Eee
Tennessee Copper
Texas Company
United Fruit
States Rubber Cca
Smelting & Refining
THY
United States Steel Aay Vutees
Virginia Care, Chem
Vatron, Coal & Coke
Tade Ee
Wabash Pfd
All Western Union
Atnee Westinghouse Electric
Kennecott Copper
Gulf States Steel
American Zinc
Money markets and currency notes in heavy trading
San Antonio sees Mexican money quotes and bank notes steady. New York mercantile paper at 3 percent bounds. sterling bills at 4714 for sixty days. Government bonds hold steady while railroad bonds show strength. Time loans easy with call money around two percent.
MENTIONED IN THIS ARTICLE
San Antonio
Bank of Lonon & Mex
Carranza Money
New York
Mercantile
Sterling Exchange
London Money Rates and Bar Silver Update
London reports bar silver at 32% per ounce and money at 6 percent. Discount rates show short bills at 6% and 5 5/8 percent, three months at 5 3/4 and 5%.
MENTIONED IN THIS ARTICLE
London
Metal market prices steady amid firm copper and tin quotes
Lead advances to 7.00 to 7.10 dollars per hundredweight with slight spread. Spelter holds firm for East St. Louis delivery at 10 cents. Copper electrolytic for first quarter sits at 27.50 to 28.00. Iron remains steady, tin unchanged at 41.00 to 41.50.
MENTIONED IN THIS ARTICLE
New York
London metals prices on Oct 24
London reports lead at 3010, spelter 54 UK pounds, copper spot 142 futures 120 electro lytic 144. Tin spot 179 158, futures 181.
MENTIONED IN THIS ARTICLE
London Metals
London
Army Officers Resignations Accepted and Promotions Granted
The Army accepts resignations of Captains Frederick W. Rick and John B. Sosnowski and First Lieutenants William L. Wilkerson Ralph B. Heald Walter F. Perkins Harry J. Pond Henry F. Parish and Thomas M. Moody and John Q. Adams who are advanced to major. Capt Robert Powers will report to a retiring board at Fort Blies. Signal corps officers to report by telegraph to the Southern Department and others assigned to Fort Sam Houston and Columbus with telegraphic reports.
MENTIONED IN THIS ARTICLE
Frederick W. Rick
New York
John B. Sosnowski
Michigan
William L. Wilkerson
Ralph B. Heald
Nebraska
Walter F. Perkins
Maryland
Harry J. Pond
Massachusetts
Henry F. Parish
Pennsylvania
Thomas M. Moody
John Q. Adams
Robert Powers
Fort Blies
Signal Corps
Southern Department
Henry W. Hall
Herbert R. O'Dell
Richard BP. Anderson
John H. Hinemon JR
Charles H. Corlet
Roy H. Coles
Charles N. Saeyer
Signal Corps Elkins
Franklin
Fort Sam Houston
Octave Decarre
Walter Smith
Columbus
Texas Freight Rates Challenge Filed With ICC
The Natches Chamber of Commerce asked the Interstate Commerce Commission to set reasonable non discriminatory rates. The complaint targets the Aransas Harbor Terminal Railway Company and other carriers in Texas and Louisiana alleging jobbers in Natches are blocked from East Texas trade, favoring Texas rivals.
MENTIONED IN THIS ARTICLE
Washington
Texas
Interstate Commerce Commission
Natches
Miss
Sugar futures rise as raw sugar steadies in New York
Raw sugar and molasses prices hold steady in New York markets on Oct 24. Raw sugar at $6.52, molasses $5.64, refined at $7.50. Futures firm on covering and renewed trade demand with noon levels 6 to 9 points higher.
MENTIONED IN THIS ARTICLE
New York
Weather Bureau bulletin from October 24 1916
Observations recorded at 8 am Tuesday October 24 1916. Wind speeds below 10 mph and precipitation under .01 inch are not published here. Allen Buell, Meteorologist, Weather Bureau.
MENTIONED IN THIS ARTICLE
Allen Buell
Meteorologist
Weather Bureau
Mohair shipments concentrate him in Texas markets
Mohair imports from Turkey and Cape Town halted this year push Texas producers to higher prices about 30 percent above last year. San Antonio dealers hold about 2 million pounds awaiting lifting of embargoes by Galveston and New Orleans ports for direct shipment to New York and eastern markets.
MENTIONED IN THIS ARTICLE
Turkey
Cape Town
Texas
San Antonio
Galveston
New Orleans
New York
Market Prices for Country Produce in San Antonio
Shippers market report shows Tuesday prices in San Antonio for Texas country produce. Poultry remains firm with hens at 8.00 per dozen, large fryers 46 507.90 total, broilers 3500 at 4.00 each, turkeys 19 to 20 cents per pound, ducks 4.80 to 5.50 per dozen, geese 6.00 to 8.00, and Texas creamery items 20 to 34 cents per pound.
MENTIONED IN THIS ARTICLE
San Antonio
Texas
Chicago Market Quotations Open With Mixed Beef Butter Eggs
Quotations show butter steady with creamery at 34 to 35 cents and eggs steady with Firsts at 30 31 cents. Receipts total 6792 cases for eggs and 75 cars for potatoes as Minnesota, Dakota, Wisconsin and Michigan whites and Chois fetch 1.40 to 1.50 and 1.46 respectively. fowls and spring birds steady up 2 cents.
MENTIONED IN THIS ARTICLE
Chicago
Minnesota
Dakota
Minesota
Dakota-Chois
Wisconsin
Michigan
Local Market Prices Include Butter Eggs and Poultry Rates
Market notes report Butter at 33 cents for creamery firsts 30 cents second 29 cents packing 27 cents. Eggs listed Firsts at 31 cents. Poultry prices show hens at one dollar and poultry roosters around 11 cents. Kaw Valley early arrivals steady near $1.60 per case.
MENTIONED IN THIS ARTICLE
Kansas City
Ws JC
Kaw Valley early_Chails
Case
Also Mentioned on This Page
U. S. Department of Agriculture Weather Bureau
Hist
Vicinity
East Texas
RLY Trading
Yes
New
Reans
Esterday
Fretose
Houston
Eeeneeweenes
Mid. Antonio
NEW York Futures
Liverpool Futures
Cotton Statistics
Rales
Hmousten
Ter
Vasecsosasvcassguess
Queans
U. 8
United States
Eaports
Interior Movement
Great Britain
France
Continent
Mexico
Augusta
Memphis
Tenn
Stouts
Houston, Texie
Marine Intelligence
Motor Truck Investment
Address McIntyre Companies Limited
South Dearborn Street
Ilinois
Chicago Grain Futures
Chicago Cash Grain
Farley
Owen Hish
Uncle Sam
Tone
Kansas City Futures
NEW York Dry Goods
Fort Woordt Livestock
Ovv
Bivauy
Proe
Aoe
Wheeler
Fry
Shamrock
H. Oe Middleber
BO Geoope
M. Marucheau Grain Co
U. S. Steel
Wall Street
NEW York Stock List
Money Markets
NEW York Money
Metal Markets
NEW York Metals
the Central Trust Co
Bank and Trust Company
John W. Warren
John 3
Stevens Albert Steves Sr
John Fest
Otto Wahrmund
O Terre Jesse Sb. Oppenheimer
Charles Schreiner
R. R. Russell
Adolph Wagner Alexander Joske &. G. Bechtel
Fred W. Cook
John T. Wilson
Fam
C. Bell
Alfred Duerler
Ed Rand
M. W. Ter
Adolph Reitertt
T. Priest
Ftiee B. Ayres
U. 8 Department OF Agriculture Weather Bureau
Abilene
Amarillo
Birmingham
Brownsville
Charleston
Corpus Christi
Dallas
Dal Rio
el Paso
Jacksonville
Kaneas City
Key West
Fla
Oortcidy Touleville
Tampa
Fin
Picidy
Taylor, Tex
Nueces County
Mission Row
California
Shippers’ ‘Market
the International Bank & Trust Co
Responsibility
West Commerce Street
Texas Refining Company
Crockett
Mexico City
Lacaud & Son
San Antonio, Texas
Tampico
Phone Crockett
Vera Cruz
Mexican Republic
Paris
Drid
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