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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Apr 22, 1911
Page
7
New York leads by 5 to 9 points while New Orleans is 4 to 15 ahead and Liverpool up 3 to 6 percent. Spot numbers show New York up 10 points and New Orleans up 16, with Liverpool up 7 and Houston up 3 to 16 points.
The New York cotton market opened steady and rose to May 14.93 and July 14.99 as near months firm on better Liverpool cables and strong English spot sales. bullish weekend figures and weather in the south supported, with new high ground for the movement.
New York futures show cotton prices holding steady after a morning session. Key listed fabrics include January at 12.77, April 15.00, May 14.89 90, July 14.93, August 14.64 65, September 13.43, and December 12.79 as markets closed steady.
New Orleans April 22 Cotton futures opened steady with gains for old crop months and mixed moves for new. Cables were favorable but dampened by warm clear weather aiding spring planting. July rose to 15.07 and May to 15.02 as bulls cited weekend statistics and mill demand while new crops were capped by fair Sunday forecasts. Close showed a firm tone with old crops up about 4.15 points overall.
Closing cot ton spot good business done with American purchases dominating. Prices range from good ordinary at 7.46 to American middling 8.71, sales 12 000 bales including 11 000 American for speculation and export. Futures opened quiet and closed firm across near months through March April.
Futures markets open steady in New Orleans with April at 14.77 and varying bids and asks across May July August October and December contracts. Prices show little change from earlier levels with small gains and losses in different months.
New York April 22 spot cotton closed steady to 10 points higher with middling at 15.10 for standard and 15.35 for middling gulf. No sales were reported.
Houston report states spot cotton remains steady at middling grade 14 13 16 cents per pound with no change from prior price.
Spot cotton remained firm with no change in Memphis TN as of April 22, midling 12 1 2 cents per pound.
Galveston Texas April 22 spot section reports firm trading with middling cotton at 15 cents. Market notes indicate steady demand while futures chatter remains cautious. Local brokers quote limited sales as growers eye favorable weather.
Indonesian report notes 130000 pounds of bullion taken into the Bank of England on balance today. The event reflects a large metal transfer and highlights ongoing bullion movement amid market activity.
Fort Worth cattle market closes the week with a sparse sale and a short session. Receipts include 1400 cattle 150 calves 500 hogs, with most cattle through billing as stockers head to pastures. Demand stays strong with stocker steers from east Texas at 4 dollars, calves 4.25 to 6 dollars, porkers up 10 cents as buyers take the whole lot.
The New York Stock Exchange opened with weakness as U S Steel fell to 73 1 2, the week’s low, amid broad selling. Union Pacific Reading and Missouri Pacific slipped, International Harvester rose a point on hopes for its upcoming annual report, while Sloss Sheffield and U L Rubber also eased. Trading remained active but list momentum faded toward the close.
The Associated Press reports New York on April 22 that money on call remains nominal while time loans ease with rates at sixty days 21, ninety days 2 percent, and six months 3 percent.
In New York in April the mercantile paper closes with 3 percent sterling exchange at 84.40 for sixty day bills and 4.8655 for demand bills. Commercial bills 4.837. Bar silver 53 cents. Mexican dollars 45 cents. Government bonds steady and railroad bonds easy.
Elder Y. E. Mobley, a prominent Kentucky Christian church minister, died at his Elkton home aged 82. He had served as pastor of the Elkton church for fifty years.
Buyers found a Kerrville beef cattle car and a Karnes City hog car among total forenoon receipts. Cows sold steady with best 3.75 to 4.50, calves steady, hogs steady around six dollars with a wide spread. Noon movement absorbed offerings, marking a slim afternoon, week closed quiet in cattle and steady to slightly higher in hogs with several shipments to Kerrville and Kerrville areas.
Receipts and prices listed for cattle hogs and sheep in Chicago on April 22. Cattle receipts about 200 with steady market and varied bid ranges. hogs about 7000 with a strong to five cent higher trend and wide price spread. sheep about 1000 with a steady market and varied weights and bids.
Receipts and quotations for cattle hogs and sheep at Kansas City show steady cattle market with native steers 5.25 to 6.35 and hogs firm to 5 cents higher with bulk sales 6.05 to 6.15. Sheep receipts none and market steady with muttons 3.50 to 4.50 and lambs 4.00 to 5.00. western stock figures listed.
Clearing house banks report a rise in reserve surplus with total deposits up by 5.7 million dollars and surplus over required reserves increasing to 36.2 million. Daily averages show gains across loans legal tenders and ex U S deposits while reserve requirements rise by 4.4 million.
At a farm yard in BRESLAU Germany during artillery maneuvers a battery’s horses were frightened and dragged nine prostrate gunners across heavy cannons. One gunner was killed and others seriously injured in the incident reported April 22.
The local wholesale district endures a busy period as restaurants and hotels demand large supplies. A half million dollar government contract is fulfilled on short notice, and a third provision is ready for bidding. Blank contracts for 200 items arrive with deadline set for April 28 as 2500 refrigerator cars ordered to move an onion crop in Texas.
Cold last week slowed southwest Texas tomatoes delaying shipments versus last year while Florida tomatoes remain the dominant local offering and commanding higher prices. San Antonio cabbage remains dull though beans and potatoes show broader supplies and steady demand as onions lemons and apples move with variable vigor.
The cucumber market drops to 76 cents per box while squash falls to 30 cents per one third bushel. sweet corn weakens as new crop nears. Florida limits celery shipments but local demand remains strong. celery is needed year round by hotels and restaurants. Potatoes and cabbage arrive from Pruitt Commission company with a carload today. The egg market opens steady at 16 cents per dozen. butter remains slow and chickens hold firm.
Chicago prices across dairy and poultry sectors show steady trends. Butter creameries 15 21c, dairies 13 18c. eggs steady with receipts 21 228 cases. Cheese values flat with various grades. potatoes 55 60c for mid grades. poultry and veal also steady with small weight bands showing 6 7c and 7 9c respectively.
In St Louis on April 22 quotations show quiet metals at 4 30 dollars, spelter steady at 30. Poultry prices include chickens 11 1/2 cents, springs 11 7? cents, turkeys 14 16 cents, ducks 14 cents, geese 6 cents. Butter creamery 17 22 cents, eggs steady at 14 cents.
Quotations steady as receipts reach 44 661 cases. Fresh gathered racked firsts 17 cents, seconds 16 cents, dirties No 1 lic, No 2 0 14 cents.
Temperature and rainfall data for the Houston district for the past 24 hours ending at 8 this morning. Includes minimum temperatures and notes on data used in calculating district averages.
The belt area enjoys fair conditions with near normal temperatures. LLEN BUELL of the Weather Bureau issues the outlook.
Prime basis oil sold at 5.13 56.14, meal quoted at 23.50 24.00, linters 3% 4c.
Quotations show butter and creamery prices at 20c, firsts 17c, seconds 15c, packing stock 13c. Eggs extras 17c, firsts 15c.
New York April 22 price report shows current cotton seed oil quotations with market movement noted for traders and buyers. Prices reflect regional supply and demand dynamics in the commodities market.
Burial permits issued for several local deaths with ages and dates. Susan Presnall 87 died April 21 at 207 South Presa. Charles W Ogden 59 died April 19 at 519 West San Pedro. H Lawson Beazley 24 died April 21 at 315 Brackenridge. Rafaela Josso 66 died April 21 at Yoakum bend. Maria Hampton 7 months died April 20 at Benton. Octavia Juares 1 year died April 20 at Guadalupe Becker. Isabel Gonzales 58 died April 20 at 303 Bank. Maria Josefine rein . pasatha died April 20 1910 Garden street.
The Associated Press notes unchanged cash wheat and various No. 2 grades with small gains and losses. May wheat closes around 96 to 99 cents for different contracts, July and September mixed as sellers bid or push prices. Corn futures show slight movement, with May around 49 to 50 cents and July and September showing sellers as well.
A defalcation totaling about $50 000 has been uncovered in the accounts of the Woman's Red Cross for the Colonies, a leading social and philanthropic organization.
Pruit Commission Co reports new stock for the carnival including Jonathan apples lemons Florida tomatoes two cars oranges two cars potatoes and more items such as bananas cabbage grapefruit and assorted vegetables.
Dr. R E Vinson, fund committee chair, reports full $250000 secured for Presbyterian educational institutions. Sixty thousand dollars goes to the Theological Seminary in Austin, another sixty thousand to the Sherman school, with the remainder divided among smaller Texas schools.
Irregular price action shocks wheat traders as near months rise on light selling while July weakens on favorable seeding outlook. May opens higher, corn gains from Argentine crop fears, oats ease, and hogs support firmer provisions with pork, lard, and ribs values noted.
Chicago April 22 receipts and shipments today were as follows with grain totals showing market activity and movement through the Chicago grain markets.
Chicago today reports 13 cars of wheat including 1 contract grade and 170 cars of corn with 26 contract grade. Oats total 15 cars. Wheat receipts across Chicago Minneapolis and Duluth reach 246 cars, down from 255 last week and above 133 on the same day last year.
Chicago wheat quotes show No 2 red 91 92 cents, No 3 red 89 91, No 2 hard 91 93, No 1 northern 1.02 1.04, No 2 northern 1.00 1.03. Oats listed at 78 82 cents for standard and 33% for white.
Cash wheat prices rise with No 2 red at 90 93 8 cents. Corn stays firm with No 2 track at 51 2 white 245 62 cents. Oats hold steady with No 2 track white 35 cents.
The funeral for Susan Applewhite Presnall who died yesterday was held at 10 this morning from her son in law Art Massey’s home on South Presa. Rev. Arthur Jones officiated and burial followed at the Confederate Cemetery with honorary pallbearers Sam Maverick C Denny Kroeger K Gravis R D James R F Alexander and Odor Free Peterson and active pallbearers Yale Hicks Tom Frost D M Farnsworth Charles Shiner George W Saunders and H Beck. Presnall born Marion County Miss and widow of 19th century veteran. She had lived in the city since 1854 and left 16 grandchildren 19 great grandchildren and one great great grandchild. She was survived by several children.
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