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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Dec 11, 1912
Page
10
Near panics sweep the New York open with sharp bear attacks driving prices below prior close. Union Pacific and Canadian Pacific slip while Southern Pacific rises. gains erase amid volatile trading as bulls struggle to regain confidence.
Close: Prime mercantile paper 6 percent. sterling strong with bankers bills at 480.50 for April, 484.80 for demand. Commercial bills 4.80, bar silver 64 cents, Mexican dollars 49 1/2 cents. Government bonds steady, railroad bonds heavy.
Copper shows steady quotes with Standard spot at 17.00 and December around 17.00 to 17.37. electrolytic, lake, and coasting ranges gap 16.87 to 17.87. tin remains quiet with spot near 49.25 to 49.75. lead at 4.25 to 4.49. spelter 7.20 to 7.40. antimony at 10.50. iron steady and unchanged.
The St Louis metal market reported weak lead with price around 4.17 44 and 41.90 for other samples noted as of December 11. The brief item cites fluctuating values in the local metal exchange.
New York December 11 reports money on call at 4 5 percent ruling rate and sale price bid 1 percent offered at 5 percent. Time loans weaker with 60 days at 6 6 percent, 90 days at 6 percent, and six months up to 6 percent.
Bartlesville Oklahoma reports the advance of mid continent crude oil by two cents per barrel, lifting the price to 78 cents. This market update notes the new rate from the local dispatch dated December 11.
Burial permits issued for Antonio Benivides 20, December 9 at Furnish Avenue. Loren K. Wright 68, December 9 at San Pedro Avenue. Alejandro Castillo 1, December 10 at Lopez Street. R. J. Nichols 74, December 9 at River Avenue. F. M. Peart 57, December 9 at Wyoming Street. Sophie Cruz D Taylor 33, December ?, at Dwyer Avenue. Sarah Dorgan 78, December 10, at Bois d Arc and Sheridan Streets.
Licenses issued under the automobile roster show No 3051 A for Uhr at 940 Burnet Street and No 3052 T for Kirkpatrick at 306 North Street.
Very little interest in domestic wools with light transfers and sellers resisting price cuts. California and Texas offerings are robust while Wisconsin Missouri fleeces show 2 to 3 1/2 cent ranges and Kentucky half bloods 27 28 cents unwashed. Scoured Texas wools vary from 51 to 63 cents for different fineness.
Practically all cotton in Nueces county has been gathered and ginned. From nineteen ginners the season’s ginnings total 21,903 bales, up from 14 bales last season. Acreage reached 40,099 with average yield about half a bale per acre, some fields reaching 350 pounds lint per acre. Officials expect next year’s acreage to exceed 65,000 acres.
Quotations for December 11 show bitter steady creamery butter at 28 to 35 3/4 cents, eggs weak with 2035 cases received, fresh receipts 18 to 22 cents, refrigerator firsts 18 cents, cheese varied with daisies 16 to 17 cents and related items. Potatoes strong with 52 car receipts including Michigan 52 to 54 cents, Wisconsin 45 to 48 cents, Minnesota 42 to 52 cents. Poultry weak with live turkeys 15 cents and dressed 20 cents, live chickens 11 to 14 cents.
Quotations for butter and eggs show creamery 34c, firsts 32c, packing stock 21 22c. Eggs list extras 26 1/2c, firsts 25c, seconds 16c. Poultry prices include hens 11 12c, roosters 9c, young turkeys 16c, ducks 13 14c.
Quotations listed in St Louis on December 11 show chickens at 10c, springs 12c, turkeys 1c, ducks 13c, geese 11c. Butter steady at 28 to 36c, eggs steady at 27c.
Fresh eggs in New York show steady prices as storage demand holds. Receipts totaled 7063 cases with 31 3 4 additional cases of fresh gathered extras, indicating balanced supply and steady trade.
Raw sugar firm with Muscovado 89 test at 3.55 cents and Muscovado 96 test at 4.05 cents. Molasses sugar 89 test at 3.30 cents. Refined sugar steady. Petroleum and molasses steady. Hides easy. Central American 28 1 4 cents. Leather firm.
Galveston dispatch notes arrivals including San Mateo Baltimore City of Mexico New Orleans Progress New Orleans Musician Liverpool Indianola Liverpool Victoria Liverpool Pilar de Larrinaga Manchester and sailing of El Oriente Denis Coronation Bremen Algiers New York Philadelphia and other vessels. Battleships Minnesota Kansas South Carolina and Michigan and the cruiser Vera Cruz were listed among ships in port.
In New Orleans on December 11 rough rice rose while clean grades held steady. Quoted rough Honduras and Japan prices ranged with receipts totaling 9318 rough bags and 8504 millers, plus 1744 clean. Sales included 323 rough Honduras, 200 Japan at issued ranges, 2464 clean Honduras and 2160 Japan at varied cents.
New York December 11 The cotton goods markets were quieter yesterday with general trade to distributors holding steady. More swap shifted to the retail metropolitan trade in holiday goods.
In St. Louis on December 11 wool markets showed steady values with medium combing and clothing grades at 28% 7v6c, light fine 1s 2ic, heavy fine 13 18¢c, and tub washed at 27 36c.
Property deeds show transfers across San Antonio including G C and E Walker to G B Mitchell for 381 Main Avenue, $21000. Herman Brecher and F J Eberhardt to H A Montgomery, lot 11, block 3230, $260. J R and E Senn to Arthur Fox et al., quit claim on lots 2-7, block 10, Gladstone addition, $6690. Other entries include Ed and M English to W R Stone, 363 east San Pedro avenue, $6900. Los Angeles Heights Improvement Company to L B Johnson, Los Angeles Heights, $400. Katie Adams to John H King, blocks 2581, $3800. many more December 1912 transfers and assorted parcels and prices.
The Weather Bureau forecast fair and colder conditions from tonight through Thursday. Frost along the coast is possible and freezing temperatures are expected in East Texas.
Rains kept buyers away at Union Stock Yards as only light offerings moved. Cattle and calves sold steady with best cows up to 4.50 and calves around 5.25. hogs traded at 7.25 top, with declines reported in Fort Worth and other centers. No sheep or goats offered by noon.
Copper and tin operate dull with spot and futures quoted in pounds. Lead and spelter show modest gains or stability. Iron Cleveland warrants traded at 67s 7%d in London.
New York market reports coffee futures steady with March at 13.50 and May at 13.71 cents per pound amid general market calm. Prices reflect limited trading interest as buyers await signals for the next cycle.
J. C. Ditchler of Vancouver British Columbia arrived in San Antonio and plans to spend the season in Southwest Texas. He says after years of hard work his one great wish is to sit in the sun and write postcards to Canada while awaiting robins’ return.
Hog prices fell 15 to 25 cents with more than 2000 head on offer. Trading was light and best sale touched 7.66. Cattle receipts about 3000 with most classes steady. cows dull but unchanged. calves steady and active. Hogs receipts 2100, market 10 to 20 cents lower. top 7.65, bulk 7.45 to 7.55. Sheep receipts 400, market steady.
Cattle receipts 25 000, market steady to ten cents lower. Beef cows and steers range from 2.10 to 9.15 per cwt. calves around 6.50. hogs receipts 48 000, market dull with 19 lb loss. prices 7.10 to 7.55 for common weights. Sheep and lambs receipts 35 000, market strong to ten cents up. lambs 6.25 to 8.15, sheep 4.00 to 5.00 for natives and 4.20 to 5.00 for westerns.
Cattle receipts 6000 including 400 southerns with steady to weak prices. Native steers 5.60 to 10.75, southern steers 5.00 to 7.40, southern cows and heifers 3.75 to 6.50. Hogs receipts 15000 with 10 to 15 cents lower sale, bulk 7.85 to 7.55, heavies 7.50 to 7.60, packers 7.45 to 7.60, lights 7.30 to 7.50, pigs 6.25 to 7.00. Sheep receipts 10000 with steady market. Muttons 4.00 to 6.25, lambs 6.26 to 8.00, range wethers and yearlings 4.50 to 7.00, range ewes 3.25 to 4.65.
Receipts today total 5000 cattle including 500 Texas stockers with steady tone. Native beef steers bring 5.5 to 11.00, Texas Oklahoma steers 57.50, cows and heifers 3.75 to 5.00, calves in carload lots 5.00 to 6.50. Hogs total 5500 with prices 15 cents lower, pigs and lights 6.50 to 7.60, mixed and butchers 7.40 to 7.65, good heavy 7.50 to 7.65. Sheep receipts 6500 with market 15 to 25 cents higher, native muttons 4.30 to 4.50, lambs 5.75 to 7.16.
New York 13 cents, New Orleans 12 of a cent, Houston 12 cents, Galveston 12 1/2 cents, Liverpool 7.064 pence and Memphis 18 cents.
New Orleans report shows spot cotton up 1/16 to middling 12 3/4 cents with 875 bales traded and 950 arriving. Various grades listed from low ordinary to good middling with receipts at 12,667 bales and stock at 247,626 bales.
Spot cot ton closed steady with grades listed from very low to good middling. Sales reported of 100 bales F. C. and 400 spot bales. Receipts totaled 22,894 bales, stock at 513,698 bales.
Houston market closes steady with 179 sales and 18 872 shipments. Stock stands at 151 232 with low ordinary at 7 8 cents and good middling at 13 8 cents. Prices reflect a stable tone across grades from low ordinary to middling fair.
Cotton spot in New York on December 11 closed steady with middling uplands at 13 dollars and middling gulf at 18.25, no sales recorded.
The Geneva formed international congress on laws for marriages births and deaths aboard air craft recommends the pilot report a death to the nearest stopping place or consul if abroad. It notes a birth precedent from 1878 Paris exhibition with a captive balloon at a thousand feet.
A reader describes a cold house with a rattling furnace and radiators. Advice emphasizes practical steps to stay warm, including opening spaces and considering alternative heat sources while avoiding unsafe remedies.
San Antonio grocer and produce jobbers report record high stocks as warehouses and salesrooms overflow with products. Strong farm profits and bumper cotton and corn crops drive heavy purchasing this season, with Christmas rush becoming the busiest period for retailers and inventories expected to set 1912 records. Rice demand grows in cold weather as rice brands push prices. cane seed for spring delivery opens at $2 per bushel amid ideal planting ground conditions.
Retailer prices include POULTRY large hens six to six fifty. BUTTER Creamery and country butter listed. EGGS Fresh candled 29 to 30 cents per dozen, storage 23 cents. TOMATOES California crates 1.60 to 1.65, Mexican crates 2.50 to 3.00. POTATOES California 1.50 per hundredweight, Colorado 1.40 to 1.60. ONIONS and CABBAGE priced per hundredweight, LETTUCE 60 cents per dozen, CELERY 75 cents per dozen. FRUITS and NUTS include apples, grapes, oranges, lemons, limes, bananas with various weights and prices. DRIED FRUITS and CANNED GOODS priced per case or can. MEATS and LARD lists dry salt bacon and ham prices. SARDINES and other canned goods with multiple options. Note: prices apply to Povey gle cases. five or more case lots are 6 to 10 cents less.
Cotton prices rise early in New York trading with gains of 6 to 13 points as cover and trade buying offset some realizations. By midday the market sits about 9 to 13 points above yesterday and middling lands are around 12.95.
The market showed steady drift in cotton futures with December at 12.42 and July at 12.54 the daily quotes. Open and close figures are mixed across contracts from December through October, reflecting subdued movement in futures prices.
Cotton futures in New Orleans opened steady with prices near yesterday's close. Cables showed slight gains, but the market remained dull and waiting for crop estimates. By midmorning private crop guesses fell under 14 million bales, boosting covering yet leaving supply tight.
Futures for December through July opened steady with small advances closing higher by 8 to 10 points. Prices show minor fluctuations with open high and low figures noted for December and January, while May and July contracts exhibit modest gains amid mixed trading.
Closing in fair demand with higher prices. American middling fair at 7.60d bid and good middling at 7.26d. Daily sales 10,000 bales with 1,000 for speculation and export, including 9,200 American. Receipts 22,000 bales, 6,600 American.
Futures opened firm and closed quiet in Liverpool with quoted prices across the curve from December through October with small downward adjustments per period.
Traders waited on the government's annual crop report due at 2 p m tomorrow with expectations for a 14 to 14.5 million bale yield. Texas forecasts ranged from 4 0 to 4 75 million bales, while national consumption around 14 5 million was expected. A cooler trend and storm warnings from New Orleans influenced sentiment as bulls dominated chatter on may pull backs.
Last year receipts reach 168 423 bales with shipments 1 corretamente 658 208 bales. Interior receipts at Houston 18 828 and U S exports to Great Britain 96 631 with France 27 750 and continent 68 963. U S port stocks total 1 853 566 bales, compared with last week 1 382 151 and last year 1 503 080, deficit 150 514 bales.
Cotton seed oil closed firm in New York with spot quotes 6.29 to 6.45. December through July futures posted various bids from 6.27 to 6.53 as 14,700 units were sold across multiple calls including March, May and July contracts.
Chicago cash grain figures show No. 2 red wheat at 99 and 1.03 dollars, No. 2 northern around 86 cents, No. 2 spring at 84 to 85 cents, velvet chaff 81 to 86, durum 86 cents, and No. 2 white oats at about 33 to 35 cents.
United States engineers estimate nearly a million horsepower potential from the Green river tributary to the Colorado, alongside a $200 garage permit for Mrs W Kotula on Avenue C.
Chicago wheat futures opened higher amid light offerings and farm selling restraint boosted corn and oats. May wheat rose to 89 to 89 1 4 cents, corn up to 48 1 4 cents, oats to 83 cents, hog provisions slipped with pork at 18.47 to 18.50, lard near 9.97 to 10, ribs 9.80 to 9.85, while wheat closed steady near 89 1/2 cents.
Prices for wheat corn and oats listed with bid and close figures. No. 2 red wheat 1.0414 1.08 percent. No. 2 hard 1.08. corn No. 2 47 47.5c. No. 2 white 48.4 49c. oats No. 2 38c. No. 2 white 35c. Close: Wheat May 90.9c, July 95.6c. Corn May 47.5c, July 48c. Oats May 32.5c, July 32.5c.
Kansas City market quotes list cash and futures for wheat corn and oats on December 11. Prices cover No 2 hard No 3 No 2 red No 3 mixed No 2 white No 3 oats and May July futures for wheat corn and oats with different grade classifications and closing figures.
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