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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Dec 02, 1913
Page
23
Market shows renewed demand with stocks advancing and bonds remaining strong. Short-covering and easier money boost prices. some leaders dip after midday while the list gains strength despite bearish pressures from poor railroad reports and November liabilities.
Net balance in general fund 119,466,111. Total receipts Saturday 2,885,718. Total outgo Saturday 2,717,695. The deficit this fiscal year is 8,746,100 against a surplus of 1,817,337 last year exclusive of Panama canal and public debt transactions.
Lead ease at 4.05 with London lead 17 pounds 15s. Spelter quiet at 5.15. Copper mixed with standard spot 14.00 to 14.50 and electrolytic 14.75 to 15.00. Tin weak with spot 33.50 to 38.75 for future months. Antimony dull, iron irregular with various No. 1 and No. 2 northern prices noted. London markets quoted with sterling figures for copper and tin futures.
Four people are injured after Southern Pacific passenger train No. 10 derailed at Seco sixty six miles west of San Antonio. Injuries include a broken hand, bruises and chest injuries among Mexican and African American passengers. A wrecker crew, officials, and a doctor rushed to the scene. Track clearance is not expected until Tuesday afternoon.
A profile of Otto H. Kahn praised for multitasking in finance while a tale recalls his triple focus at the Met opera. In the Southwest, experts see potential for Turkish tobacco with proper soil, climate, and cultivation knowledge.
Raw wool was added to the free list under the new tariff act yet market activity showed little change. About $1,000,000 worth of foreign wool awaited admission in New York, while dealers say tariffs are already priced in and no further declines are expected. Beans rose 4c per pound with California varieties leading gains due to tight demand. Compound lard brands gained 55c per case, retailer price about $8, while pure lard held firm amid hog price declines. Meat prices remained steady from yesterday.
A compendium lists wholesale prices for eggs, poultry, butter, cheese, vegetables, fruits, canned goods, and grains across California Texas and Colorado. Entries cover candled eggs 31 cents a dozen with storage 26 cents, hens four to five dollars per dozen, turkeys 12.8 cents per pound, California oranges three fifty per box, lemons six dollars per box, and canned fruits and vegetables with varied costs by type and size.
A compact price sheet lists Meats with dry salt extras at 13¢ per pound and bacon at 14 to 16 pounds averaging 14 to 16c, lard at 12 1 2 cents, pickled hogs feet at 1.10 per kit. Dried fruits show peaches at 9c, pears 9–10c, evaporated apples 8–9c, prunes and raisins with various box and per pound rates, cranberries 2.50 per 36 packages, currants 7–10c, dates up to 1.70 per case, with hides, beeswax, and tallow also priced.
Receipts were meager in all divisions at Union Stock Yards on December 2 with cattle 35 calves 64 and hogs 85 arriving by noon. Prices were steady with best cows at 5.25, bulk 4.50 to 5.00, calves up to 6.50, general around 6. Hogs sold 7.00 to 7.50, demand brisk. Few sheep or goats offered, no market quote.
New York reports December 2 steady activity in petroleum and molasses while hides show quiet demand. Leather firms hold steady, with buyers cautious and prices steady near prior levels.
Fort Worth market reports cattle receipts at 3500 with calves 600 and steady prices for beef steers 5.50 to 6.90, cows 4.00 to 6.75, heifers 5.00 to 7.00, bulls 4.00 to 5.00, calves 5.50 to 7.25. Hogs total 800 with slow steady demand, top 7.85 and typical range 7.40 to 7.70. Sheep receipts 600 with steady prices observed.
On December 2 in New York the market shows sugar steady with Muscovado at 3.11 dollars per unit, centrifugal at 3.61, molasses sugar at 2.86, and refined goods quiet.
Chicago market notes show butter up creamery 22 to 24 33 cents a pound eggs higher ordinary firsts 33 35 to 36 37 cents potatoes unsettled and receipts 45 cars poultry alive unchanged In New Orleans rough rice prices ease Hondur as refined by Japan while clean Honduras holds firm Receipts include rough 7551 clean 5045 mills 6026 and sales of rough Honduras and Japan sacks and pockets with varied prices
Chicago markets report today show hogs receipts 32 000 with mixed and bulk prices ranging up to 7 85 for heavy hogs and 6 00 to 7 00 over the bid plus. Cattle receipts 7 000 with beef prices from 4 60 to 9 60 and Texas steers 6 65 to 7 70 while stockers and feeders run 4 80 to 7 50. Sheep receipts 26 000 with market described as strong native lambs 5 90 to 7 55 and yearlings 5 16 to 6 55.
Receipts total 1300 cattle including 700 Texans with steady market. Native beef steers range $7.50 to $9.15, cows and heifers $4.25 to $8.65, Texas and Oklahoma steers $5.75 to $7.00, calves in carload lots $4.25 to $5.50. Hogs receipts 14,500 with a lower market. Pigs and lights $6.00 to $7.75, good heavy $7.70 to $7.80. Sheep receipts 3200 with steady market. Native mutton $3.75 to $4.60, lambs $5.25.
Quotations list chicken prices at 10 cents per pound, springs at 12 cents, turkeys 16 cents, ducks 12 and geese 10. Butter creamery 32 cents, eggs 32 cents. Source notes Dec 2.
Receipts today show 18000 hogs with a lower market and prices from 7.25 to 7.60 for bulk and 7.20 to 7.60 for rights. 11000 cattle with 1200 southern, markets steady and prices from 8.50 to 4.25 for prime steers to cows. 10000 sheep with steady market and lambs at 7.00 to 7.65, yearlings 5.25 to 6.26, wethers 4.50 to 6.50, ewes 4.00 to 4.60.
New York and New Orleans show gains as traders await government estimates next week. Liverpool spot sales lift prices while realizing tempers gains. a Memphis ginning estimate eases the market midday but overall the outlook remains firm.
New York markets report cotton futures opening steady with December at 13.20 cents per pound, January 18.10, March 13.20, May 18.10, July 12.99, October 12.06, and closing steady on the session.
Cotton futures in New Orleans opened 6 to 10 points higher on strong cables and a large overseas spot inquiry. Reports from private bureaus predict small crop yields while rains delay picking. By noon, most active months sat 6 to 9 points over yesterday, with late morning profits eroding as selling intensified.
Cotton futures in New Orleans opened steady with December at 13.01, January 13.23 24, March 13.88 39, June 18.47 49, July 13.48 5. The session closed with a net advance of 8 to 10 points amid varied intraday quotes.
Spot cotton trade reports good business and steady prices in Liverpool on December 2. Middling ranges at 7.88 to 7.54, middling to good ordinary at 7.32 down to 6.16, with 15 000 sales including 13 900 American and 2 500 for speculation and export. Receipts total 61 000 with 50 200 American.
Futures closed very steady in Liverpool with December at 7.084 and near-term spreads around 7.04 percent for several front months. The list shows December through November contracts across multiple monthly pairings, reflecting a narrow trading range.
New York middling 13.50, New Orleans 183-160, Houston 13 c, Galveston 18 c, Liverpool middling 7.82 d, Memphis 13 c.
Spot cotton in New Orleans on December 2 shows middling at 183-16 cents per pound with sales on the spot of 1112 bales and arrivals at 3500. Receipts total 16429 bales and stock 223621 bales with varied categories quoted from low ordinary to strict good middling.
Spot cotton in New York on December 2 remained quiet with middling uplands at 13.50 and gulf at 13.75, no sales reported.
Market brief from New York and New York Produce reports shows irregular eyes and steady action in coffee quotes. No. 7 Rio traded around nine cents in early December with March and May positions noted.
Prime basis meal and linters listed with prices in Memphis Tennessee as of December 2. Prime basis seed at 6.14, meal around 27.50, linters 2 1/2 under c?. financial figures indicate commodity quotes for cotton seed products.
T. J. Collins filed for a 5 room dwelling on Theo avenue valued at $1000. Cantu requested an 8 room dwelling on Parral street valued at $200. Chicago Cash Grain prices show Wheat, Corn, and Oats figures while St. Louis Metal reports lead at about $4.07 to $4.10 and spelter at $5.05.
In New York on December 2 the cotton seed oil market closed easy with spot at 7.00 to 7.20. December and Cen ranges around 7.03 to 7.09, several hundred sold at 7.09 and 7.18 for March and April, with 23 000 total sales including May and July lots.
Birth notices list several newborns with parental names and addresses. A boy born to Mr. and Mrs. J J Caperton on November 36 at 118 Swiss Street. A girl born to Mr. and Mrs. Harry Ladabaum on November 24. A Cy born to Mr. and Mrs. W A Ainsworth on November 19 at 322 Kansas City Boulevard. A girl born to Mr. and Mrs. Fay Perkins at 140 Belmeets. A girl born to Mr. and Mrs. C J Lee on November 26 at San Augusta Street.
The notice lists license numbers 4856 for Maxwell E Werner at 708 Herman Street and 4857 for J X H The State Company located at 218 East Houston Street.
San Antonio to add a public classer at each compress to standardize cotton grading. Rene J. Muller, Cotton Exchange president, says public classers will provide authentic figures and reduce reliance on individual firm graders. Estimated cost is about five cents per bale.
New York December 2. Cotton goods were steady but quiet for the day with dress goods dull. Crepes and other fancies are selling while raw silk is easy. Retail trade is reported generally good for the season.
Burial permits list Petrocino Trevino aged 45 who died December 1 at 608 South Pecos Street. Henry G. Dena aged 22 died November 28 at 128 Dittmar Street. J W Duncan aged 30 died November 28 in Waco Texas. The rest is humorous prose and a note that there are eighty plants in the UK for converting garbage into electric power.
Chicago traders report European wheat losses visible in the market, with grain prices moving higher on early strength. Snow and rain firmed corn while oats dipped as corn eased, and most activity shifted from December to May futures. Bearish stock reports weighed, hog runs pressured prices, and the market closed weak with a small net gain.
Market brief lists prices for provisions and short ribs with monthly figures. Data shows January and May values for high low and closing prices, including percentage changes and specific point totals.
Quotations today list cash wheat with No 2 hard at 82 87 percent, No 2 red at 86 88 cents. Corn shows No 2 mixed old 71 cents, new 9 cents, No 3 white 69 percent. Oats No 2 white 40 4 cents, No 2 mixed 39 4 cents. Futures include Wheat December 81 4 percent and May 86 percent, Corn December 68 percent and May 72 percent.
Quotations for cash wheat and oats in St Louis are listed with grades and prices. Receipts for yesterday include 115000 bushels of wheat and 115000 bushels of oats, plus 17000 barrels of flour and 80000 bushels of corn. Shipments totaled 16000 barrels of flour and 81000 bushels of wheat, with 68000 bushels of oats dispatched. Dec and May futures for wheat and corn show fluctuating values, while oats future prices end lower.
A long list of real estate transfers dated 1913 to 1918 across Bexar and surrounding counties. Transactions include deeds, quitclaims, and mortgages for numerous lots and blocks in Alamo Heights, Los Angeles Heights, Marlborough Place, and Beverly Places, with prices, cash payments, and notes. Names include J M Watson, A C Dauchy, Emmy Dittmar, Jacob Bauer, Henry Hagelstein, Nellie Stoltzfus, W Kenney, Kate Torbert, Frank Allen, State Bank and Trust Company, and many others.
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