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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Aug 27, 1913
Page
11
Speculators stay confident on Mexican issue but trading is uneven as New Haven hits a new low at 92 amid active selling. Southern Pacific dips to 90 while Reading and Union Pacific edge up or down. Market rallies briefly after midday but closes weak with Union Pacific showing late strength.
The 24 hour bulletin reports above normal temperatures and fair conditions across most of the belt with rain in the extreme east. Rainfall of an inch or more observed at Augusta Allendale and Charleston. Allen Buell Local Forecaster Weather Bureau.
New York on August 27 shows prime mercantile paper at 5 6 percent, sterling exchange easy with 60 day bills at 4 82.90 and demand at 4 86 15. Commercial bills at 4 82, bar silver quoted at 59 4 cents, Mexican dollars at 46 cents. Government bonds were easy while railroad bonds remained irregular.
New York August 27 reports money on call steady at 2.44 and a half percent, ruling rate 2.4 percent. Closing bids show 2.4 percent. Time loans weaker with 60 day bills at 3 percent, 90 days at 4 percent, and six months at 6 percent.
New York reports lead and spelter holding steady with copper quiet and firm London quotes for September and October. Tin remains firm with multiple futures, while Antimony remains dull. In London Spurgeon’s tabernacle plans redecoration without an organ. An old style precentor tradition cited. Also noting Grove's Tasteless Chill Tonic as a hot weather tonic.
Cotton buyers in San Antonio blame labor shortages for the sparse bales offered as cotton fields are white with staple yet farmers struggle to move it to gins. Through the date, local receipts fall short of last year, with under 13 000 bales received versus over 16 000 previously, while 95 percent of Southwest Texas ginned cotton this season has entered the market.
Values ruled firm on the primary cotton goods market with higher prices for print cloths and brown sheetings dampening business. Some finished cottons showed strong demand at raised prices for the coming week while jobbers appeared more inclined to move ahead. Fancy worsted for men sold solidly for next season as messalines rose five cents a yard and staple ribbons advanced up to a quarter of an inch for the same season.
The New York stock exchange saw another seat sale yesterday at $50,000, up $4,000 from the previous sale and $13,000 above the season's low. The advance continues the strengthening trend in membership trading activity.
Reading taken at 8:00 a m Wednesday August 27 1913 lists atmospheric conditions and measurements recorded by observers at the site.
Oakland to New York City to Oakland totalized a 3000 mile walk by Clara A. Mitchell, a 120 pound poetess who tested mechanical motion claims. She left New York with $2.50 and walked 35 to 40 miles daily, fastest 45 miles in 24 hours, unescorted, in high French heels, proving endurance and intuition can guide travel. She reached Oakland, rested at Joaquin Miller’s home, and wrote a poem inspired by the trip.
Dry weather cripples grazing in Texas dairy areas causing a 2 cent per pound rise in butter price as consignments slump. Creamery butter quotes rise to 30 cents with Elgin at a higher weekly rate. Sugar climbs with New Orleans matching New York, granulated sugar at 5.25 per hundredweight, while bacon bellies up a fraction and pork outlook worsens due to hot Kansas conditions.
A detailed price list for retailers covers eggs at 20 cents per dozen, poultry including hens and broilers, various cheeses and butters, and extensive vegetables and fruits. It lists crates, weights, and regional origins like Texas and California, with multiple itemized rates for meats, syrups, canned goods, seeds, and dried fruits.
A condensed list shows prices for cans and fresh goods including citron and peel items, canned vegetables, citrus peels, alfalfa ton prices, and crown numbers with per package or per ton costs. Reads like an old market or ad column with various units and price points.
In New Orleans rough rice traded actively with solid demand for the clean cereal and receipts listed at 8846 rough and 1400 clean. In St Louis metal markets lead held near 4.70 to 4.75 and spelter around 5.80 as of August 27.
ST. LOUIS on August 27 quoted poultry prices with chickens at 11 to 11 1/2 cents, springs 15 cents, turkeys 19 to 21 cents per pound, ducks 10 cents, geese 8 cents. Creamery butter at 27 1/2 cents and eggs steady at 26 to 28 cents per dozen.
Kansas City butter eggs and poultry unchanged while New York and Chicago markets show eggs flat. Cheese higher with Daisy, Twins, Young Americas, and Long Horns noted with fractional gains. Potatoes unchanged with 36 car receipts and overall poultry steady.
Raw sugar firm with muccovado at 3.30, centrifugal 3.89, molasses sugar 3.05, refined steady. Petroleum and molasses steady, hides and leather firm as trading continues in New York markets on August 27.
In New York on August 27 the Rio No 7 Coffee futures held steady with Sept at .94 and March at 9.54. The report notes little change in the price action despite minor shifts in nearby contracts and ongoing market interest in Brazilian origins.
Burt Walker a 21 year old from Memphis swallowed antiseptic tablets to end his arrest for drunkenness at Canal and Royal streets. He survived after being taken to Charity hospital where doctors treated him for bichloride poisoning and he recovered enough to speak little about his family and purpose in the city.
Moderate receipts were yarded at principal livestock centers and prices held steady orhigher. Kansas City reported 9000 head with drought driving cattle from ranges. Local totals at noon: 218 cattle 34 calves 78 horses and 145 sheep. cows to 5.25 calves to 6.50 hogs to 8. Prices unchanged from yesterday amid drought warnings across Kansas Missouri Oklahoma Nebraska and Texas.
Fort Worth dealers received 3000 hogs for Wednesday with dry range imports from Oklahoma. Cattle and calf receipts reached 5000 with strong demand. Beef steers 5.50 to 6.40, stocker steers 4.75 to 5.76, cows 4.00 to 5.25, heifers 5.25 to 5.26, bulls 3.00 to 4.25, calves 5.00 to 8.00. Sheep steady to slow at about steady prices.
St Louis market report for August 27 shows cattle receipts about 5500 with steady price ranges for native beef steers cows and heifers and Texas Oklahoma stock. Hogs receipts around 9000 with prices 5.50 to 9.25 for various weights. Sheep receipts 2000 with higher market and lambs around 5.50.
Chicago reports receipts of hogs 28 000 cattle 16 000 and sheep 30 000 with markets steady to strong. Hogs sold in ranges from light to heavy from 4.00 to 9.35 with bulk near 7.86. Cattle included Reeves 6.90 to 9.10 Texas steers 6.75 to 7.70 and calves 9.00 to 12.25. Sheep native and yearlings trading from 3 to 8 dollars.
Kansas City market summary shows hogs steady with bulk 8.40 to 8.90, heavy 8.40 to 8.75, lights 8.49 to 8.95, pigs 5.75 to 7.00. Cattle receipts about 9000 with southerns noted. prime fed steers 8.50 to 9.00, dressed beef steers 7.60 to 8.50, cows 3.50 to 6.26, calves 4.50 to 8.75. Sheep receipts 6000 with lambs 6.50 to 8.00, yearlings 4.75 to 5.60, wethers 4.50 to 5.25, ewes 4.00 to 4.75.
Chicago cash grain quotations show No 2 red wheat at 89 to 90 c, No 2 hard 87 to 89 c, No 1 northern 93 to 95 c, No 2 northern 91 to 92 c, No 2 spring 89 to 90 c, velvet chaff 87 to 88 c. Corn prices include No 2 16 e and No 2 white 41 to 42 e.
New York and New Orleans show mixed moves as traders warn of poor crop conditions. Early gains expand then narrow with prices up 14 to 15 points, aided by bullish private reports and high temperatures in the southwest. Market stays spirited with active months 13 to 17 points higher near 2 PM as selling pressure enters.
In New York on August 27 cotton futures opened firm with August at 12.38, October 12.c, November 11.94, December 11.98, January 11.90, March 12.c, May 12.01. Futures closed firm reflecting steady demand and price support.
New Orleans cotton opened with a 6 to 7 point advance led by strong spot months and dry weather signals. August lingered in a squeeze, trading around 12.75, with light interest and only a few contracts liquidating. New crop months rose 10 to 11 points after the call, then rebounded to end the first half hour near yesterday’s close, while afternoon trading remained quiet but steady with prices 15 to 16 points above prior close at 2 PM.
Futures opened steady with August at 13.25 to 13.50 and other months from September to May showing narrow ranges. The cotton market closed steady with a net advance of 14 to 16 points on new crop months while Open High Low Close and yesterday figures are scattered across several months including August September December January and May with varied bids and closes.
Spot cotton at Liverpool stays quiet and steady with middling rates around 7.16 to 7.44 pence per pound. Sales reach 5000 bales including 4500 American and 1000 for speculation and export, receipts tally 2000 with 1200 American consignments.
Futures closed firm with various prompt and distant contracts quoted. August at 6.62 percent, August-September 6.56 percent, September-October 6.48 percent, October-November 6.45 percent, December-January 6.414 percent, January-February 6.41 percent, February-March 6.434 percent, March-April 6.444 percent, April-May 6.451 percent, May-June 6.461 percent, June-July 6.46 percent, July-August 6.44 percent.
New York middling 12.55¢, New Orleans 12 3-16¢, Houston 12¢ with others in the 11 to 12 11-16 range. Sales on spot 3424, arrivals none, receipts 388 bales, stock 16,928 bales.
Spot cotton closed steady with slight gains. Prices ranged from low ordinary 8 to good middling 12 percent. Sales totaled 203 bales and futures bids 630. Receipts reached 19,887 bales with stock at 89,034.
The Houston spot market closed steady to higher by 1 16 cent with sales of 234 bales and shipments totaling 12 128 bales. Stock stands at 35 079 bales as classifications range from low ordinary to middling fair with prices noted for each category.
In Memphis Tennessee on August 27 the spot cotton market remained steady with middling grades trading around 12 cents. Local buyers and sellers expressed cautious interest as prices held firm amid light trading and market volatility.
In New York on August 27 the spot market shows middling uplands at 12.65 and middling gulf at 12.80, with no sales reported.
Galveston marine intelligence lists arrivals including Gay Monito Sagua Nava Ulua Topila Tampico Somersby Bahia Riverdale Port Tampico Reliance Rio JANEIRO via St Lucia Satillo and New York. Sailings include Clearpool Antwer p El Occidente New York Hermin Georgian Prince Dipton Havre Lankfield Hamburg Willerby Rotterdam.
Memphis August 27 prime basis 7.55 per pound meal 31.50 32.00 linters 21 percent 3 cents. New York oil market closed firm spot 8.00 8.25 August 8.00 8.15 September 8.08 9 October 7.60 7.62 100 sold at 7.62 100 at 7.61 November 6.78 8.01 December 6.76 7.7 100 sold at 6.77 January 6.75 78 February 6.79 8 March 6.84 6.86. Sales: August 100 at 8.05 September 100 at 8.08 October 100 at 7.36 November 100 at 6.40 December 100 at 6.76. Total sales 15 500.
Mrs John Martin, wife of a wealthy Bunker Hill farmer, pursued an earnest fight for William Fitzgerald, a convict who served 12 years of a life sentence for killing a 12 year old boy. Governor Marshall granted clemency and Fitzgerald will be released to the Martins.
Captain Carl Velten, commodore of the Berlin racing fleet, declared American hotels were abominable as the Hamburg American liner Cleveland sailed from Boston bound for Europe. He noted poor hotels during his American visit while praising lake and river boat service.
Woolsey Aspinwall a Tacoma clerk was granted a divorce from Mrs Sophia D Antingac Aspinwall. The defendant, daughter of Rev Cuthbert, rector of a fashionable Episcopal church, lives with her son John Cuthbert Aspinwall age 18. Aspinwall sought cruelty and abandonment. Mrs Aspinwall read a three hour deposition and wished to remain married to avoid family shock.
AlexandriaMinnesota George W Webster a railroad man says a bass he caught at 3 11 p m in Lake L Hommedieu carried a gold chain watch The watch had been swallowed earlier by a bass in the same lake eyed by A E Hodson who later retrieved Webster kept the chain Hodson has the watch the incident linked to two railroad men and a strange fishing tale
Kansas City grain prices list cash and close figures for wheat corn and oats. No. 2 hard wheat ranges 82 to 86 cents with 79 to 88 cents on various grades, No. 2 mixed corn 74 to 75 cents, No. 2 white 75 to 77 cents, No. 2 white oats 44 to 45 cents, with September and December futures quoted.
In Chicago trading, corn held an advance amid hot, dry weather while other grains eased. December corn moved from 69½ cents to around 68¾ cents with a late firming. wheat eased on lower cables, oats fell after a brief rise, and provisions opened mixed with January pork at 19.42, lard 10.82, ribs 10.27.
Quotation snapshot from St Louis on August 27 shows cash and futures for wheat corn and oats. No. 2 red wheat around 90 to 91 1/2 cents, No. 2 hard 85 to 91 1/2, corn No. 2 about 74 cents, No. 2 white around 70s, oats No. 2 about 41 to 42 cents with white near 43. Futures: September wheat around 87 cents, May 95 cents. corn September about 71 to 72 cents, May around 71 to 72 cents. oats September about 40 cents, May around 46 cents. Yesterday receipts wheat 139000 bushels, corn 25000, oats 43000. shipments wheat 62000, corn 107000, oats 45000.
Miss Jessie Alidor woke to a burglar under her window. Her father fired the family rifle and the intruder, later identified as Zachary Marcade Jr., was nabbed by police after clinging to a fence. Marcade faced a nighttime entry charge with felonious intent.
Sam Yet, famed as America’s richest Chinese miner, arrived in Los Angeles from Nevada to offer half profit to Sheriff William A. Hammel. Local miners estimate his holdings could be worth 500000 to 750000 dollars. Five years earlier Yet owned a Nevada ranch and a wife who died. He began gambling, lost it all, and Hammel loaned him 1600 dollars for a fresh start. Yet now claims the property, though Hammel says he has seen only samples and wants only repayment of the loan.
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