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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Sep 25, 1916
Page
9
Dayton announces that Charles E. Hughes told Civil War veterans the United States endures only when each generation upholds the dignity of citizenship and the flag. He urged all Americans, men and women, to embrace patriotic spirit and national devotion to keep the nation in the front rank in the twentieth century.
The report notes bullish traders seizing control of trading floor rings and cotton prices rising amid firmer market sentiment. Liverpool JIS FIRMER.
The Cotton Exchange reports bull activity with prices lifting to near $1 per bale on some months after the Memphis crop report sets condition at 58.3. New York, New Orleans, and London markets show net gains. Liverpool declines slightly. Spot prices in San Antonio reflect various grades from good middling to strict low middling.
The New York cotton market opened 6 to 16 points firmer on robust cables and a Memphis crop condition report of 58.3, versus 66.4 last month. Prices eased slightly after the call as Southern selling increased, but December and January held gains around 16.17 to 16.34, with steady activity from commission houses and Wall Street buyers shifting to core shorts.
Dr. Stockton Axson will lecture in San Antonio under Carnegie Library and school board joint control. Topics include English Drama from Shakespeare to Shaw and Bernard Shaw versus the sentimental view. Lectures are set for January 12, 19, and 26 with two per date, in Beethoven hall or Main Avenue High School auditorium.
Washington reports slight increases in the weekly sick rates for the National Guard and regular troops on the Mexican border. For the week ending September 16 the guard sick rate stood at 2.13 percent, up from 1.91, while the regulars posted 2.68 percent, up from 2.15. Guard deaths were five and regulars two for that week, compared with three and four a week earlier.
Gen C R Boardman former Wisconsin adjutant general and Orlando Holway with Majs C R Williams and G E Williams from Governor Phillips staff conferred with Governor Ferguson. They expressed regret on behalf of Wisconsin Governor Phillips who recently had surgery and could not visit Austin.
Classified note lists delivery boy needed for summer millinery at 319 Alamo Plaza seeking reliable person to assist orders and customer service duties.
NEW YORK reports cotton futures barely firm with October at 15.90 and December at 38, January 16.20, March 16.64, May 16.20. The eleven o clock Liverpool call due Tuesday shows declines of 2 to 3 percent with October at 15.92, December 16.14, January 16.22.
A private condition report at 58.3 per cent of normal plus heavy Texas rains spurred modest buying in New Orleans cotton. Prices rose 19 to 12 points in early trading, with hedgers and sellers limited. The market stayed quiet but steady, gaining 18 to 19 points by noon and holding a net rise 8 to 11 points in the afternoon.
New Orleans cotton opened steady with bids for nearby and deferred months. Opening bids were October 15.48, December 15.75, January 15.92, March 16.15, May 16.40, and futures closed steady.
Spot cotton steady with good middling at 9.814 cents and middling 9.654 cents. Low middling 9.49 cents. Trading receipts listed at 500 for speculation and export. total receipts 26,000 bales.
Futures movements show steady tones across Liverpool markets with multiple near term contracts quoted. The table lists September through August futures with varied daily figures, reflecting a cautious slope and mixed demand.
T B Turner president of the Western Fruit Jobbers Association urges Texas to standardize pack and grade for shipments. He cites uniform crates and sack weights, cites California's 1915 inspection law, and proposes four basket crates for tomatoes and peppers. He notes interstate shipments require strict inspection and urges cooperative effort from growers and shippers.
Buyers paid steady prices for Texas country candied fruit butter and creamery products. Poultry secured firm quotes with turkeys and geese listed. packing stock and brolls showed steady values.
Quotations for dairy and produce show receipts of 6478 cases of firsts and 70 cars of vegetables. Prices listed include Creamery at 29 to 33 cents, potatoes at 21 to 29 cents, fowls around 18 cents, and chickens at 1.20 to 1.25 dollars per unit.
Kansas City market notes show butter and eggs prices with minor variations. Butter creamery 31 cents, choice 29 to 31 cents. eggs firsts 25 to 26 cents. Poultry hens 6 cents, roosters 11 1/2 cents, broilers 2 cents. Kaw Valley early potatoes steady at $1.15.
Raw sugar remains steady with centrifugal at 6.02 and molas peers at 5. Refined sugar also steady with cut loaf at 7 and mould A at 7.25. Various products listed include XEXX powdered 26.90 and confectioners A at 6.65 to 6.60.
New York opening session shows a strong rally in industrials and metals led by United States Steel rising to 116 to 119 on 25,000 shares. Anaconda Utah Miami and Ray Copper advance, Central Leather and Maxwell Motors set records, while rails and readings top gains before late-session pullback.
Washington reports August deposits in postal savings banks jumped by nearly 5 million the largest monthly gain since establishment. A total of 621 000 depositors held more than 94 million in accounts by September.
Market notes from New York indicate dull activity in alloys with scarce buying interest. Quotations and delivery terms are unclear due to damaged OCR and missing data.
London metals note Sept 28 shows lead at 31 pounds sterling for 52 pounds of spelter per unit.
At Union Stock Yards on September 25 fair liberal receipts opened the livestock market with cattle steady to strong. Top butcher steers reached 6.50, cows 6, calves 6 to 6.50, and hogs showed strong demand with choic e butchers around 10.25 and general range 9 to 10.
Fort Worth cattle receipts 6300 seen with prices 6.00 to 7.75 for steers and 4.00 to 6.00 for cows and calves mixed. Hogs receipts 2500 demand strong with tops around 10.60 and loins near 10.40 to 10.55, yearlings 8.00 to 8.50, sheep and goats also noted with varied quotes.
Receipts show hogs at 32,000 with slow market. bulk 10.35 11.14, high 10.25, rough 10.00 10.36. Cattle receipts 23,? steady trades. native beef cattle about 6.5 to 11.30, calves 6.50 13.00. Sheep at 23,000 receipts with a steady run. wethers 6.85 8.50, lambs 6.76 10.65.
Receipts and quotations from Kansas City show cattle and hogs in steady to lower conditions. Hogs bulk at 10.49 to 10.90, heavy 10.25 to 10.65. pigs 9.00 to 9.00. cattle receipts about 38,000 with prime steers 9.75 to 10.75, dressed beef 7.26 to 9.40, cows 4.50 to 7.25, stockers 5.75, sheep 9.75 to 10.
In St Louis on September 25 receipts totaled hogs 7000 cattle 16000 and sheep 1300. Hog prices ranged from 8.00 to 11.25 with lights and mixes at the high end and bulk near 10.76 to 11. Cattle saw slow trading with native steers at 7.50 to 8.00 and prime southern steers at 8.00 to 9.00. calves and yearlings traded 5.50 to 11.75. Sheep markets held steady with lambs from 7.00 to 10.25 and ewes around 5.00 to 10.00.
Oklahoma City cattle sale totals show cattle 2190, hogs 2799, sheep 500, all steady. Top hog price $10.55, with various consignments from Wagonblast Blanco to Moore and Winborn noted. Observations include 7 a.m. data and light precipitation not published. Weather official Llen Buell notes.
Temperatures rainfall and weather status for Houston district stations for the 24 hours ending 8 am. Eastern area fair, western unsettled and showery, especially Texas. Rainfall of an inch or more reported at Altus Quansah Brownwood Galveston San Antonio. Allen Buell meteorologist Weather Bureau.
New York with market for cotton goods showing rapid strength. Mills struggle to meet demand due to labor shortages and high long staple cotton costs while jobbers and retailers report vigorous distribution. Prices listed include print cloths and ticking across several grades with prints at seven cents and denim around 19 cents.
Steel mills take orders for relied products about 75 000 to 100 000 tons daily near capacity. Consumers must accept promises for additional shipments in the third and fourth quarters of 1917. Pressure highest for marine steel as railcar and locomotive demand grows. Export trade is very strong.
Galveston Tex Sept 25 marine intelligence reports arrival of El Valle from New York and departure of El Alba from New York to Liverpool with Aidan and Br. to proceed to Liverpool via Aidan Br. sailing for Liverpool and El Alba sailing for New York.
Reports say Governor Ferguson seeks a regent resignation amid unrest after the university's new president. Ferguson declined to discuss specifics and said no resignation has been received. An unrelated sentence notes an acre of good feed may yield more food per week than an acre of land in a different context.
Chicago reports wheat prices rising to the season’s peak due to scarce offerings and export demand. December opens up between 1.57 and 1.66, later gains trim as profit taking appears. futures close mixed with declines in overall market and corn also firm then soft.
Chicago report lists grain prices for quota day with wheat at No 2 red 1.59 to 1.60 a bushel corn No 2 yellow around .89 to .90 oats standard about .47 barley at 7 cents and 1.17 for the year.
Quotations show Wheat No. 2 red at 1.65, Corn No. 2 at 85 85 cents, No. 2 Oats at 46 a cent. Rye No. 2 at 1.20. Prices steady for No. 2 corn and oats.
Kansas City market report lists No 2 hard wheat at 1.56 to 1.65 dollars, red at 1.55 to 1.63, No 2 corn mixed 85 cents, No 2 yellow 85 to 86 cents, oats No 2 white 48 cents, No 2 mixed 44 to 46 cents.
Kansas City reports grain futures closing mixed as Wheat for Sept. moves to 53.5 cents and Corn for Sept. trades around 51. The record notes unsettled market conditions and modest price shifts amid trading activity in Wheat and Corn.
A 19th century style grocery notice lists dry salt pork at 18 cents per pound, bacon bellies at 4 1 2 cents, dry salt bellies 18 cents, fancy breakfast bacon, fancy hams and lard prices, with pure lard at 16 cents and compound lard at 18 cents.
The tenth annual Grain Growers National Association session begins in Baltimore as President Wilson was expected to speak. A key topic across the next three days is the ongoing car shortage impacting the industry.
Iron Mountain road plans a 10000 copy book detailing San Antonio hotel facilities. Local agents compile pictures rates and data as part of a city guide created under the San Antonio Hotel Men's Association. The effort aims to aid tourists seeking places to stay in the city.
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