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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Sep 16, 1916
Page
7
WwW M FIGH agent for brick sand lime etc Ring Crockett 2827 Address care S A Builders Exchange
Sale notice describes an attractive seven room house with large halls pantries sleeping porch shade trees and a large lot on Tobin Hill. View at 119 Lewis Street in Crockett for D D Harrigan 504 Moore Bias Crockett Texas.
Five room bungalow in Laurel Heights with sleeping porch and bath on a 50 by 150 foot lot. Features include er i's blend wallpaper, old ivory finish, hardwood floors, linoleum in bath and kitchen, automatic gas heater, duplex shades, mirror doors, large closets, concrete walks and curbs, and a garage. Price 3150 terms through Mrs. Thurman exclusive agent 510 Brady Ridge Crockett 25d.
A small improved farm in Bee county near Beeville is rented by the owner. The property lies on the Colorado River west of Austin and is associated with O C McLeod at 811 State Bank Bids.
90 acres recently cleared fenced and plowed one mile from Jourdanton fronting a railroad with black and heavy red loam soil adjoining Sanderson fields yields over half bale cotton per acre this season easy terms offered. C Palmer owner in Alamo National Bank Building. 429 acres near Cotulla 150 cultivated all tillable red and dark valley land two wells irrigate 40 acres old house fenced valued at 25 dollars per acre owner Walter Oelze note.
The belt remains generally fair with temperatures below normal. Rainfall of an inch or more reported at Newbern North Carolina and Charleston South Carolina. Allen Buell, Meteorologist.
Early cotton trading shows weakness with prices slipping amid slow demand and eased buying sentiment. The market reacts to holiday closures in Liverpool, keeping futures and spot offers under pressure.
Cotton traders faced a weak session with declines of 6 to 13 points as cooler weather and political anxieties weighed on sentiment. New York and New Orleans opened steady to lower, with midday prices showing further softening while spot values for Good Middling and Middling hovered around 12 to 14.85 cents.
The New York cotton market opened steady with a 4 point to 4 point decline as Wall Street buying and favorable South weather influenced trade. Early losses saw December slip to 15.56 and January to 15.63, before midmorning rallies faded with continued southern selling. By late trading December was at 15.51 and January at 15.69 as the market closed steady with a net loss of about 6.13 points.
In New York on September 16 cotton futures started steady with highlights for October at 15.48 and December at 15.68. January and March values showed 15.73 and 16.86 respectively with overall slight firmness across the session despite varied intraday ranges.
In New Orleans on Sept 16 the cotton market opened up 2 points but fell back in early trading. By half an hour in, nets were 4 to 6 points lower as cold belt weather kept bulls wary before forecasts of generally fair warmer weather spurred offerings, leads to 9 to 11 point drop from yesterday's close.
Observations recorded at 7 a m on Saturday September 16 1916 note wind speeds under 10 mph and precipitation under .01 inch are not published. Meteorologist Weather Bureau presents the data today.
New Orleans text shows October and January futures hovering with slight gains and steady closes. Holiday in Liverpool also notes the cotton exchange being closed today.
The Merchants' Exchange of St. Louis told the Interstate Commerce Commission that Great Lakes Transit Company did not cut grain and grain product tariffs for St. Louis while lowering rates for Yale, Duluth, Chicago and other points, creating unlawful discrimination against St. Louis.
The report from New York dated September 16 records No 1 Rio coffee at 1c non irregular with a reference to September 9.15 and March figures, indicating price movement and timing for futures actions.
Chicago on September 16 reports steady quotations with butter and eggs unchanged. Receipts include six raw cases. poultry shows slight activity with live fowl prices around 16 to 20 cents.
The record outlines stock movements across multiple ports including Galveston New Orleans Mobile Savannah and Philadelphia with figures showing yesterday stock and comparisons to the prior week and the same day last year. A deficit figure is given for the season totaling 278 279.
Troops leaving San Antonio Saturday start a full division march to Austin. Local produce dealers and commission houses expect a loss of business while the army is away, with daily expenditures for fresh goods running to hundreds of dollars. Receipts Saturday were steady, with brisk morning trade and solid fruit demand. Fresh Colorado pink meat cantaloupes reached $1 per crate of 128 and 15s.
Wholesale prices to trade list a wide range of produce including potatoes onions peppers tomatoes lettuce and more. California Washington Texas and Colorado origins are shown for many items with per unit or per case pricing and some case weights or crate sizes noted.
Chicago, Sept 16 Increased selling pressure on wheat and uneasiness over British trade restrictions against neutrals drove prices down. Futures closed 1% to 2 cents lower with December near 1.484 to 1.485 and May around 1.48 to 1.485. Corn and oats also fell while provisions rose with hogs and pork hitting a new high for the season at 28.
Kansas City and Chicago markets report mixed to lower grain values with wheat at about 1.48 to 1.56 for No 2 hard and No 2 red, corn steady to slightly lower with No 2 mixed around 2.84 to 2.84 per bushel, oats steady at 46 to 47 cents for No 2 white, rye at 1.20.
Kansas City fell in grain trading on September contracts with September at 1.42 percent and December showing corn at 82 1/2 cents, with December figures noted as well.
In St Louis on September 16 wheat prices mixed with futures showing No 2 red at 1.53 to 1.66 and No 2 hard at 1.52 to 1.60. Corn values ranged with No 2 track 84 to 84 3 4 cents and No 2 white at 81 cents. Oats declined with No 2 track 44 2 3 cents and No 2 white at 46 1 2 cents. Rye held steady at 1.25 for No 2.
At Union Stock Yards on Sept 16 hogs rose across offsite markets by 5 to 10 cents while Kansas City posted a new record with 73 hogs averaging 197 pounds selling for 11.15 per hundred. Pawnee Oklahoma sent the shipment to Kansas City. Receipts included cattle 344 calves 53 hogs 0 horses 174.
Fort Worth market reports show cattle receipts around 300 with steady trading and hog receipts near 400 with prices mixed. Feeder and stocker prices ranged from six to eight dollars, cows and bulls posted a few dollars' spread, while sheep and goats saw lambs near nine dollars and yearlings around eight dollars.
Receipts and quotations detailed for hogs cattle and sheep in St Louis on September 16. Hogs ranged from 10.75 to 11.40 for various classes, cattle included native beef steers yearling steers and cows with prices from 4.50 to 11.75, and sheep showed lambs and ewes from 5.00 to 11.00.
Receipts and quotations indicate hogs at 10.60 to 11.10 with bulk 10.70 to 11.05. Cattle receipts 200 with prime fed steers 10.00 to 11.00 and dressed beef 7.50 to 9.75. Sheep receipts none. lambs 10.00 to 10.70, yearlings 7.00 to 7.35, stockers 5.50 to 10.50.
Receipts for cattle hogs and sheep show market conditions with prices by category. Hogs range from bulk trade around 10.50 to 11.50, cattle receipts 600 with steadier tone and varied classes, sheep and lambs showing weaker demand with prices near 6.80 to 9.40 for western cattle and 7.00 to 11.10 for lambs.
Chicago market quotes show declines in several grain prices with No 2 red at 1 45 No 8 red at 1 385 No 2 hard at 1 60 and No 3 hard at 1 48 to 1 49 Corn bids for No 2 yellow at 8 614 to 87 5 c No 4 white at 5 c Oats No 3 white around 44 45 c Rye No 2 at 1 22 Barrow stock unclear
New York sugar futures drifted quieter yet firm on week end covering as November eased and other months held or rose slightly. Trading volume reached 1760 tons with prices 4.30 for September 4.23 for December 3.92 for March and 8.98 for May. A day in the raw and refined sugar market is noted with a light London-like mood.
Quotations from the Chicago provisions market are reported for September 16. Prices and leaders in grain and related commodities are summarized, reflecting trading activity and market sentiment for the day.
Quotations show dry salt extras 16 a pound bacon extras 18 dry salt bellies 14 16 pound or age 18 fancy breakfast bacon ic fancy hams 22c bacon bellies Wis pound average 20c Pure lard 16c compound 12c The figures reflect wholesale rates for processors and merchants in the region.
A. J. Haskins narrowly escaped when the umbrella he carried was struck by lightning during a rain storm in Atchison Kansas. He recalls being enveloped in a ball of flame and his arms and legs remain numb from the shock.
In New York the copper market shows continued strong demand. Dealers report December electrolytic copper at 28.50 per pound from a major seller and others at 28.0 to 27.0 cents for the first quarter, reflecting a firm market.
The Texas Department of Insurance and Banking requests a statement of the financial condition of the 850 state banks operating in Texas as of close of business on September 12.
The weekly statement shows clearing house banks and trust companies hold 88.9 million dollars in excess reserves. Total loans stand at 3.301 billion with declines, while net deposits rise. Aggregate reserves reach 648.1 million with a 19.1 million weekly gain.
Buyers paid varying prices for country produce in San Antonio on Saturday. Eggs ranged 26 to 27 cents per pound, butter remained steady, creamery eggs 26 to 30 cents, country eggs 19 to 20 cents, packing stock 18 cents per pound. Poultry stayed firm with hens at 6 dollars per dozen, large fryers 5.50 to 6.50, turkeys 17 to 18 cents per pound, ducks 4 to 6 dollars per dozen, geese 4.60 to 5 dollars per dozen.
Kansas City prices show butter at creamer 8 . firsts 28c seconds 27c packing 24 . eggs firsts 28c . poultry hens 16c roosters 1c brooders 2c. New printer Kaw Valley early choice easy 1 20 per unit.
The Federal Reserve Board announced new interest rates for short term notes. Kansas City set at 4 percent and St. Louis at 3 percent. The 8 percent rate on 10 day paper was abolished and the St. Louis rate covers both commercial and member banks.
Savannnah report shows turpentine steady at 43 percent with sales 303 and receipts 681, stock 24 372. resin firm with various grade quotations and small lot figures. Highest grade prices include W W at 6.50 and K at 6.30 amid ongoing market activity.
London reports bar silver at 32 percent per ounce and money at 4 percent. Discount rates show short bills at 5.4 percent and three months at 5 percent.
New York on September 16 reports firm and more active cotton goods and active flannel goods while robbers were very busy in nearly all departments of the city stores.
A Belgian visitor, after asking about the word kitten, bowed to a young girl’s mother and declared, I think I have the pleasure of addressing the old cat. The quip appeared in the New York Globe.
Buying of railroad shares on a war scale and at new high prices marked an extremely active market in New York. About 500000 shares traded with later declines. Rail gains ranged 1 to 3 points in Union Pacific Great Northern St Pa and Canadian Pacific while United States Steel led the industrials at a new record. Bonds remained strong and the close was firm.
In Elgin Illinois on Sept 16 prices are noted for butter at 32 cents, government bonds hold steady, and railroad bonds show strength. Currency rates include Sterling at 4.71 percent demand 4.75 percent cables 4.76 percent francs demand 5.86 percent cables 6.85 percent guilders 40 13-16 demand 40 cables, bar silver 68 cents, Mexican dollars 52 1/2 cents.
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