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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Oct 27, 1916
Page
15
Classified ad seeks a lively young man to collect installment accounts. Requires thorough knowledge of the city and ability to furnish references, one with wheat preferred. Apply at 298 Conroy Building between 5 and 6 pm.
Private Buse at Fort Sam Houston reported thieves took his De Tamble roadster number 1699 from East Houston street in front of the Empire Theatre around 7:30 p m Thursday. Police have no trace of the vehicle. City Sues for Taxes. Several tax suits were filed in the Thirty seventh District Court on Friday by the City of San Antonio to collect taxes in arrears.
The Interstate Commerce Commission scheduled two additional hearings for December 6 in San Antonio. One case is the complaint of the Jawa re Punch Company against Galveston Harrisburg San Antonio and other carriers. The other case is the complaint of MacDavitt Bros of Brownsville and others against St Louis Brownsville Mexico and other railroads.
New Orleans traders reported a rising rice market with strong demand for rough and clean varieties. Receipts included 5 698 sacks rough and sizable pockets of clean Honduras and Blue Rose brands with varying prices noted across locations such as Carolina and Japan, as buyers push forward.
Local listings show dances at Owls hall and Twilight club in late October with 26 cent admission. Prisoner transport collision reported with no injuries. Public notices include loan offers, citizen declaration by Frederick Foskett, and updates on winter police uniforms and legal ads.
Reports say the sinking of a British steamer tightens shipping prospects for cotton shipments. Traders respond with firmer prices as supply concerns push early market levels higher.
Cotton prices firmed after an opening dip as New York and New Orleans showed gains and losses. Reports of submarine activity and a sinking in Liverpool influenced trade, with December and January futures rising while May slipped, closing mixed but steady. Spot San Antonio bids for middling and lower grades were reported.
The New York cotton market opened with nervousness and reduced activity after an earlier week’s surge. Cables led gains on most months, but liquidation limited prices with January near 19.10 and March around 18.25 as trading quieted by midday.
New York futures show December at 19.98, January 19.10, March 19.25, May 19.26, and July 19.35 as opening quotes. Closing figures indicate a steady finish with mixed midyear contracts around the 19.0 level.
New Orleans market reports cotton bulged 7 to 10 points around the opening with prices firmer as traders eyed early trades. К
Market opens with news of a British steamship sinking carrying 9006 bales of cotton. Early trading shows losses of 3 to 6 points from yesterday, then small advances amid bull support. Rumors of submarines off the Atlantic coast depress prices again by noon, with a net decline by 1:30 as futures months sit about ten points lower.
New Orleans cotton futures opened steady with December at 11.46 cents, January 18.69, March 18.91, May 19.08, July 19.20. Latest bids and session highs show slight shifts as prices move in the mid 18s to 19 cents range.
The Clarksville Texas market reports the season’s bale price for long staple cotton at thirty cents per pound, yielding $162.10. The sale date was October 27.
Liverpool October 27 spot cotton run shows Good middling 18d middling 11.144d ig pee 10.9, with 8000 for speculation and Receipts 27,000.
Futures values listed for various month pairs with percentages and decimal figures indicating a quiet futures period in Liverpool. The data covers October through July, detailing contract points and slight variations across the calendar.
Delegates from Detroit Cincinnati Buffalo Baltimore and Chicago campaigned to set the next Farm Mortgage Bankers Association of America convention in session at Memphis. Officers will be elected and the 1917 meeting site selected after committee reports. Nominations urged the re election of F W Thompson of Chicago as president and for other posts.
Kansas City retailers urge President Wilson to move Thanksgiving from the last Thursday in November to November 23 to avoid a compressed Christmas rush. The plan aims to ease store crowds and late November commerce, with expected broad support from trade associations. Turpentine and resin market notes from Savannah report varied sales, receipts, and prices.
Observations recorded at a. m. Friday October 27 1916. Wind speeds under 1 mile per hour and precipitation under .01 inch are not published. Allen Buell signs off.
Fort Worth Texas October 27 cattle receipts 3500 with slow market steer prices 5.50 to 7.00 stockers 5.00 to 6.15 heifers 4.50 to 5.90 cows 4.60 to 5.00 bulls 4.00 to 4.75 calves 6.50 to 8.25 hogs receipts 1500 and 5 to 19 cents lower bulk 9.90 to 10.05 top 10.15 sheep receipts 650 market steady lambs 8.00 to 9.50 yearlings 6.75 to 8.00 wethers 8.60 to 7.25 ewes 5.25 to 7.26.
Receipts by category with price ranges show hogs 8000 head bidding 9.75 to 10.20 for bulk and heavy, cattle at 1000 head including 200 southerns with prime steer prices 9.50 to 11.00, heifers 8.50 to 9.25, calves 6.00, and sheep at 8000 head with lambs 10.25 to 10.75 and stockers 6.60 to 10.00, market trends mixed to higher.
Chicago reports a weak market across pork and cattle with receipts of pork at 19,809 head and cattle at 2,000. Pigs average around 7.76 to 9.60, cattle mix shows natives at 6.60 to 11.45, western steers 6.15 to 9.50, calves 7.00 to 11.00, and sheep at 7.00 to 8.40 for Werthers and 8.50 to 10.98 for lambs amid a generally softer trend.
Stock receipts at St Louis include hogs with prices down 10 to 15 cents and cattle receipts at 1700 with a steady market. Native beef steers range 8.50 to 11.00, cows 5.5 to 7.75, stockers 6.20 to 7.50, prime southern steers 8.90 to 9.00, lambs at 8.75 to 7.25, yearlings 8.00 to 5.75, and calves around 6.00.
Cattle receipts totaled about 1500 to 2700 head with prices about 10 cents lower. Top price reached around 910.16, with late yesterday sales showing varied weights and values. Notable consignors include Bobbitt of Paducah Texas and Giotedo of Oklahoma, among others.
Shippers report Friday sales with eyes at 29 to 30 cents, creamery butter 30 to 24 cents per pound, hens 6 to 8 dollars per dozen, large friers 4 50 to 7 dollars, turkeys 19 to 20 cents per pound, ducks 4.80 to 5.50 per dozen, geese 6 to 8 dollars. Chicago quotations list higher butter, potatoes up, poultry alive unsettled with fowls 13 to 17 cents and springs 18 cents.
In early New York trading October 7, the market saw gains as low priced rails led activity. Chicago Great Western Wabash and Missouri Kansas and Texas issues rose, Texas and Pacific fell after reports of receiver proceedings. Paper shares rallied with International and American Writing, and other leaders like United States Steel and Lackawanna Steels firmed.
Trading in Mexican money in San Antonio Friday shows rid and asked prices for silver and half pesos, plus state and national bank notes. New York Mercantile Paper reports sterling exchange at sixty day bills 4717 more, France cables at 583percent, guilders at 40 15 16 to 41 3 16, bar silver 67, Mexican dollars 81 1 2 cents. Government bonds steady, railroad bonds irregular.
New York on October 27 reports theme loans soft with 90 day rates at 3.93 percent and six month at 1. R% percent. Call money steady with highs and lows around 2 percent. ruling rate at 2 percent. Last loan and closing bid at 2 percent.
London reports Bar silver at 32 4 per ounce and money at 5 percent. Discount rates for short bills 5 1 2 percent and three months 5 1 2 percent.
New York reports sugar markets with raw sugar centrifugals at 0.64, molasses at 5.77, refined sugar firm and fine granulated around 7.50 to 7.75. Sugar tablets steady and moderately active. noon prices shown roughly unchanged from yesterday's close.
Kansas City reports butter prices creamery 88 4 100s 51 76 cover. eggs first 31c hens 16c roosters 12c. potatoes Kaw Valley early Ohioos firm at 1.75.
In New York on October 27 the cotton goods and yarns trade shows higher prices for raw silk and related fabrics as duplicate orders for men's spring goods increase, signaling stronger demand and market activity.
Spring and summer fashion predicts wide ribbons up to ninety lignes for millinery. A Chicago buyer notes demand for immediate delivery dry goods, especially tight dark warp prints. Wall Street treats a French industrial credit of up to 100 million as routine, with proceeds for importing merchandise to France.
Members of the Bexar County Dairymen's Association at a Chamber of Commerce meeting voted to raise consumer milk prices after prior failed increases. They said producers lose money at the prevailing 10 cents a quart due to high feed and supply costs, and announced new prices of 6 cents per pint and 11 cents per quart for sweet milk.
Rotary Club members gathered at St. Anthony for Bankers' Day with Henry Hart as toastmaster and T N Smith of Commonwealth Bank giving a talk on world money systems. Smith covered currency forms, freak money, shell money and wampum while tracing money history. secretary Carrington announced an upcoming Crozier luncheon at the Menger and urged strong attendance. A Kansas welfare commission for working women credited to Miss Linna Bressette.
Prices for wheat and corn climbed as Argentine rain failed to relieve a drought, with futures extending gains after Buenos Aires quotas and export demand boosted by late season weather. May and December contracts posted strong closes, while oats followed the cereal rally and lard led a broad advance in provisions.
Wheat prices rose with No 2 hard at 1 83 1 9 cents and No 2 red at 1 80 1 89. Corn advanced with Ke 2 mixed at 98 9 c, 2 white navigation 08 92 and 2 yellow 63 534.
Kansas City grain futures closed with Wheat Decanding at 1.99 and May at 1.90, Corn Dec at 86 5/8 and May at 88 3/8.
Quotations show gains in wheat corn and oats across St Louis and Chicago. Wheat No 2 red around 1.48 to 1.92 percent. No 2 hard near 1.86. corn near 1.00 to 1.11. oats up to 64 cents. rye steady about 1.83 to 1.929 percent.
Local packing house quotes list dry salt extras bacon bellies lard and compound fat prices. Items include 16c dry salt, 14-16 lb bacon bellies around 20c to 28c, 14 lb bacon options, pure lard 17 cents, and compound fat at 1 to 2 cents.
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