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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Aug 25, 1913
Page
7
Wall Street traded higher as optimism returned on stronger western rail business and rising demand for steel products. New England mills restarted after idle periods while copper, lead, and other metals held steady. profit taking trimmed gains mid-session before prices steadied at close.
Kansas City market lists butter at 26 cents for creamery, firsts 25, seconds 24. Poultry prices show hens 11 to 14 cents, roosters a cent, ducks 10 cents, springs 15 cents.
New York commodity summary lists raw sugar Muscovero at 3.23 with centrifugal 3.73 and molasses 6.70. Refined sugar steady with crushed 5.40, fine granulated 4.70, powdered 4.80. Petroleum steady with New York bulk 5.00, barrels 8.70, cases 11.00. Molasses steady New Orleans open kettle 35 to 55 cents. Hides firm Bogota 29 to 30 cents. Central America 29 cents. Leather firm Hemlock firsts 29 to 30 cents, seconds 28 to 29 cents.
Marine intelligence from Galveston lists arrivals including steamers Georgian Prince and Southgate with destinations Tampico and Rio Janeiro along with transatlantic and Caribbean sailings. In New York on August 25 Noor dam Rotterdam Minnetonka and London were reported as arrivals.
New Orleans reports the last week of the cotton season with five trading days ahead before Labor Day holidays. Traders expect bullish consumption figures and await the crop condition report likely to influence prices. Drought in the west could push prices up while rains may depress them temporarily, and Texas open cotton complicates any forecast.
Marriage licenses listed include Harry Daucey with Edna Cobb and N. N. Atchley with Mary Elizabeth West among others. A solid 21-car cotton train departed San Marcos for Galveston via W. E. Allison of Austin, his fourth such shipment this season including a run to Japan via Seattle.
San Marcos Texas reports 2450 bales received to date at close of market Saturday and 4000 bales including local, country, and railroad cotton. Prices for good middling cotton held around 11 1/2 cents. Boll and leaf worm found in several fields. Crop expected to match last year’s output.
The Cotton Region Bulletin reports the last 12 hour minimums, not used in Houston district averages. Weather in the belt is generally fair and near normal except in the west where excess temperatures persist. Rainfall of an inch or more noted at Lake City. Allen Buell local forecaster Weather Bureau.
Reading notes record observations made at 8 a m on Monday August 25 1913. The brief entry notes environmental or instrumental measurements aligned with the early morning observation period.
The drought and heavy demand from cotton pickers push up food prices as canned goods fruits and meats move briskly. New Texas rice hits the market with higher-than-last-year prices while stock shortages may ease once a large new crop is distributed.
Comprehensive market list shows prices for eggs poultry cheese butter and a wide range of produce and preserved goods. Highlights include eggs 20 21 cents per dozen, Texas and California fruits and vegetables with crates and weights, meats and lards with multiple cuts and prices, canned meats and fish, nuts and oils, peppers cucumbers corn and melons with varied regional pricing.
Chicago August 25 corn traded actively with narrow moves as September led declines to 71 1/2 to 72 1/2 cents. December eased to 68 1/2 to 68 3/4 cents. wheat fell on good weather, opens at 90 1/4 to 90 1/2 cents. oats down to 44 1/4 to 44 1/2 cents. Lard and pork futures showed mixed moves amid cautious trade.
Kansas City market notes list cash and close prices for wheat corn and oats. Hard red and white wheat quotes for No 2 grades appear with values around 81 to 87 cents. Corn No 2 mixed and white ranges near 74 to 72 cents. Oats No 2 white around 42 cents. September and December futures shown for wheat 81 85 and 85 ¾ cents, corn 74 ¼ and 69 ¾ cents.
Quoted in St Louis on August 25 as 2 percent cash wheat ranged with No 2 red at 89 to 90 cents, No 2 hard 86 1/4 cents, corn No 2 at 78 3/4 to 74 cents, No 2 white 74 4/5 cents, oats No 2 at 41 1/2 to 42 1/2 cents, No 2 white 42 3/4 to 43 cents.
Chicago on August 25 reports mixed grain quotes with wheat values listed for cash wheat and No 2 red No 2 hard No 1 northern No 2 northern and No 2 spring while oats show No 2 white values. The chaotic OCR hints at fluctuating prices and uneven bids across varieties.
August reports from Union Stock Yards say Kansas City cattle receipts hit about 38 000 head, a likely record, signaling drought driven movement from Kansas and Missouri ranges. Local offerings were sparse with 200 cattle and calves noon count. prices steady with cows up to 5 dollars, calves 6 1/2, hogs 8. Quality was poor due to dry ranges and scarce water, and further large runs could push prices down if rain does not arrive soon.
Receipts totaled 2500 cattle 1500 calves 1300 hogs and 1700 sheep. Eight cars of beef steers offered at 5.15 to 6.45. stocker steers steady at 4.75 to 5.50. butcher cows and heifers slow with best cows at 5.25 and bulk 4.40 to 4.65. Calves steady 25 to 50 cents lower. hogs down about 10 cents with best 9.05 and bulk 8.55 to 9.00. sheep slow and lower with mostly common to medium lots.
Cattle receipts total 5500 with 2000 Texans and steady market. Native beef steers 5.50 to 9.00, cows 4.85 to 8.75, Texas and Indian steers 6.25 to 7.75, calves 5.50 to 6.00. Hogs receipts 8500 steady with pigs 5.50 to 9.25 and good heavies 8.70 to 9.10. Sheep receipts 6500 steady with native muttons 3.25 to 4.00 and lambs 5.50 to 7.80.
Kansas City market data show hog receipts of 7090 with steady values for bulk and other hog categories. Cattle receipts reach 38 000 with 3000 southern, prices for prime fed and dressed beef steers, cows and heifers listed. Sheep receipts 9000 with lambs at 6.00 to 6.75, yearlings 4.75 to 6.76, wethers 4.50 to 5.00, ewes 3.50 to 4.65.
Hogs receipts 51000 best hogs steady others lower bulk of sales 7.90 to 8.65 night 8.45 to 9.25 mixed 7.45 to 9.15 heavy 7.50 to 8.80 rough 7.50 to 7.80 pigs 4.50 to 8.50 cattle receipts 24000 steady beeves 6.90 to 9.10 Texas steers 6.70 to 7.65 stockers and feeders 5.50 to 7.80 cows and heifers 3.50 to 8.30 calves 8.00 to 11.50 sheep receipts 35000 steady natives 3.75 to 4.75 yearlings 5.25 to 6.00 lambs native 5.75 to 7.90
From New York Mercantile Paper August 25 Prime mercantile paper quoted at 5 percent 6 percent. Sterling exchange steady at 4 83 for 60 day bills and 4 86 35 for demand. Commercial bills 4 82. Bar silver 59 c Mexican dollars 46c Government and railroad bonds steady. Money on call steady 2 4 2 percent ruling rate 2 4 2 percent. Time loans steady 60 days 5 percent 90 days 4 4 percent six months 6 4 percent.
New York reports dry weather in the Southwest and bullish crop notes fueling early buying in the cotton market. Prices rose 11 to 17 points at open, October up to 11.91 cents, with favorable private crop forecasts and mixed government figures supporting gains despite heavy realizing later in the day.
The market reported firm opening for August at 12.05c and September 11.86c with several later months around 11.70c to 11.89c. Closing quotes showed steady levels, with nearby futures in the 11.54c to 11.79c range and mixed gains across several contracts amid light volume in the session.
Cotton futures in New Orleans opened very steady gaining 18 to 21 points on strong cables and dry weather maps. West coast crop deterioration and a 10 percent monthly loss in private bureau figures boosted buying for both accounts. By noon gains held around 22 to 23 points, with afternoon trading quiet but steady and new crop months near 12 cents.
The New Orleans cotton market opened steady with August at 12.15 cents, September at 11.80, October 11.82, December 11.94, January 11.87, March 11.91, and May 12.08 cents. The session closed steady with a net gain of 3 to 35 points, showing broad price firmness across near and deferred contracts.
Liverpool August 25. Cotton spot market sees moderate business and firmness. Price levels: good middling 7.06d, middling 6.74d, low middling 6.54d, good ordinary 5.98d, ordinary 5.65d. Sales 5000 bales (4300 American, 300 speculation/export). Receipts 8000 (6700 American).
Futures closed very steady in Liverpool with August at 6.54d and August September at 6.474d. Subsequent months show values from 6.32d to 6.844d across the calendar, including October November 6.37d and January February 6.324d.
New York middling 12.45c New Orleans 128-16c Houston 124c Galveston 12%c Liverpool 6.744c Memphis 12c reported as the leading spot market summaries.
Spot cotton steadies with middling at 12 3 16 cents. Sales on the spot total 155 bales, with 200 bales arriving. Various grades show nominal or fractional cents, including low ordinary 8 1 16 to 9 1 16, middling 12 3 16, strict middling 12 1 2, and higher grades from 13 5 16 to 16 11 16 cents depending on quality.
MEMPHIS TENN AUG 25 Spot cotton steady with middling at 12c in Memphis. NEW YORK SPOTS AUG 25 quiet with middling uplands 12.45c and middling gulf 12.70c. Sales 200.
W T Goode files for a store on South Flores Street valued at 4500 dollars. Sykk A Reed seeks a 4 room dwelling on Diaz Street. B I Santee plans a warehouse on Virginia Avenue valued at 400. L Rosales proposes a 4 room dwelling on El Paso Street priced at 950. Mrs J D Kirk applies for a 5 room dwelling on Buckingham Avenue valued at 1200.
T B Dunn Jr transfers lots 26 and 21 in new city block 1993 on Virginia Ave to B I Santee. The item notes a separate fact about Spain's railways stating they have about 6100 miles of track.
A fire at J A Burnett's barn at 321 East Cevallos street caused about 125 dollars in damage after sparks from a passing locomotive blamed the blaze. Separate items note a resort raid on Santa Rosa Avenue with seven men and eight women arrested and fined, plus a naturalization petition by Frederick Schroeder and other local notices.
Memphis reports prime basis oil at 7.55 and meal at 31.50 to 32.00 with linters 2 3 4 percent. New York closes firm with spot 8.25 bid and forward prices for August to March ranging from 6.78 to 9.25, sales totaling 9900 across months.
Pittsburg oil market report notes a closing price of 2 dollars 50 cents per barrel. The brief item records the closing figure with no additional context or accompanying data.
The record lists several automobile licenses with owners and numbers from Montana street to Harlem and Tirkwood streets. A Russian meteorological service budget increase funds expansion of St Petersburg headquarters, new Vladivostok observatory, Siberian station network, and aerological sections at Pavlovsk, Tiff, Ekaterinburg, and Irkutsk. Opium addiction decline in Amoy boosts trade in cigars, wines and moving picture shows replacing dens.
The Rev. A. B. Hess of First Memorial Young People's Church disguised as a rough-neck dope fiend to uncover cocaine sales in city drug stores. He collected evidence including boxes labeled with purchase times and clerks' names, saying 98 percent cocaine was found. Hess plans to present findings to the grand jury and noted broad drug traffic in lower wards.
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