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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Dec 17, 1912
Page
10
New York December 17 stock brief notes Reading back after a sharp rise and fall. The market opens irregular with declines in Reading and other leaders, then rallies to end near the day’s lowest levels. Bonds ease and mercantile paper remains steady with sterling at bankers’ bids.
Copper quotes show spot and forward levels with bid ranges for January February and electrolytic and lake variants. Tin weak with spot and next-month figures. lead and spelter quotes steady. antimony listed at 10.50. iron unchanged. A separate St Louis note records lead at 4.17 cents and spelter at 7.15 cents.
New York financial bulletin notes firmer money on call at 2 1 2 to 6 percent with closing bids around 4 percent. Time loans show weakness at 60 and 90 days and six months near 5 percent.
Galveston dispatch lists arrivals including steamers Saba Liver pool Incemore Port Talbot barge Hainaut and Mercator from Havana with no clearances or ballast reported.
In St. Louis on December 17, wool markets showed steady movement with medium combing and clothing fibers at 23 1/2 to 24 cents per pound, light fine at 19 1/2 to 21 cents, heavy fine at 13 9/16 to 18 cents, and tub washed at 27 to 26 1/2 cents.
London copper steady at 73 pounds 10s with spot at 225 pounds 2s 6d. Lead and spelter quiet with lead at 73 pounds sterling 10s and spelter at 26 pounds 10s. Iron warranted in Cleveland at 66s 6d in London.
Observations from the Weather Bureau show 8 a.m. readings with pressure and temperature data. Forecast for San Antonio and vicinity calls for tonight and Wednesday clear with frost tonight, cooler southward, and Wednesday fair. Texas coast not affected. Precipitation yesterday was none, with total since January 1 at 23.71 inches and a 2.89 inch deficit.
Union Stock Yards notes light Tuesday arrivals with 11 cattle calves and 18 hogs sold by noon. Cattle prices ranged from 4.75 to 5.25 for calves and 4.75 to 5.50 for grown stock, hogs at 7.00 to 7.50, no sheep or goats offered.
Fort Worth Texas December 17 cattle trade reports largest run of grown cattle in weeks. Christmas beeves from Texas and baby heifers from Oklahoma sold at recent choice beef prices despite overall market weakness. Hogs slipped 5 to 10 cents, lambs at 6.50 and sheep steady. Receipts: cattle 5000 with varied declines. calves 1400 steady. hogs 1200 with top 7.45 and bulk 7.10 to 7.36.
Cattle receipts reach 12 000 with 800 southerns, market steady to 10 cents lower. Native steers 6.26 to 10.75, southern steers 5.00 to 7.25, southern cows and heifers 3.25 to 6.25. Hogs receipts 15 000, market 5 cents lower. bulk 6.90 to 7.26, heavy 7.15 to 7.25, lights 6.90 to 7.15, pigs 6.00 to 6.75. Sheep receipts 16 000, market 1 cent lower. muttons 3.35 to 4.75, lambs 6.25 to 7.80, range wethers and yearlings 4.50 to 6.15, ewes 3.26 to 4.30.
Cattle receipts reach 6500 including 3000 Texans with a steady market. Native beef steers range 4.90 to 10.75, Texas and Indian steers 5.00 to 7.50, cows and heifers 3.65 to 5.00, calves 5.00 to 6.50. Hogs arrivals total 8500 with prices 6.25 to 7.30 for various classes. Sheep receipts 6500 and market steady with native muttons at 4.50 to 4.85 and lambs 4.75 to 8.10.
Chicago market report shows cattle receipts around 6000 with weak tone and varied prices for beeves Texas steers and western classes. Hog arrivals about 23000 with slower pace and wide range in prices. Sheep receipts near 17000 with steady to higher tone for native and western lambs and yearlings.
New York December 17 report shows staple over garments to be opened by the American Woolen company on Wednesday for fall 1913. Cotton goods steady and yarns firm with reasonable jobber activity and modestly better advance in the mails.
In Elgin on December 17 the quotations committee, long seen as the feature of the butter board, was abolished by a vote of the membership.
London notes show Congo currency value at 723 16 account with 74 percent. Bar silver quoted at 2944. Short bill discount set at five percent and three month bills at 4 5 16 percent? These figures reflect current money market pricing and discount rates.
Paris on December 17 reports a novel garment innovation where a shirt is combined with a short drawers to prevent the starched bosom of a dress shirt from climbing over a low cut vest. The market notes include three percent rentes at 88f 23cms and exchange on London at 25f 20cms with a private discount rate of 4 percent.
Chicago reports show wheat advancing at the open with May futures near 89 3/8 to 89 3/4 cents, while corn weakness persists on poor demand. Oats fall with corn as May opens down and pork, lard, and ribs futures edge higher or steady with limited support from shorts.
The St Louis exchange shows cash wheat at No 2 red 10171 09 and No 2 hard 86 92 cents. Corn No 2 45 46 cents and No 2 white 4814 7 49. Oats No 2 88 and No 2 white 84 cents. Futures: Wheat May 81 4 percent, July 81 cents. Corn May 474 cents, July 48 48 cents. Oats May 33 cents, July 33 cents.
Chicago market notes show cash wheat prices across grades from No 2 red at 1.04 to No 2 Spring at 0.44, with velvet chaff and durum around 0.88. Corn and oats prices list No 2 yellow at 0.48 to 0.49 and No 2 white oats about 0.34 to 0.35, reflecting historic commodity levels.
Kansas City market report shows cash wheat mostly steady with No 2 hard at 82 87 3 87c and No 2 red around 1.01 to 1.02. Corn and oats prices are quoted with No 2 mixed at 46 to 46 1/4c and No 2 white at 46 to 46 1/4c. May and July futures drift with modest gains and declines.
Juana Martinez an 80 year old woman charged with shoplifting was released after evading address disclosure. She sat at a chili stand for three hours before being escorted back to jail where her 65 year old child was also held. Police said the pair recovered various articles and kept the child out of jail by housing them at headquarters. the child was later placed in a charitable institution. New York schools warn against street roller skating.
Butter prices in the country varieties drop to 17 and 19 cents with heavy receipts and light demand. Creamery butter remains around 28 cents, consumers facing potential 30 to 40 cent prices. Eggs weaken further as storage eggs leave the market and forecasts of a cold snap threaten future gains.
Butter prices steady to easy with creameries at 26 33c. Eggs receipts 2585 cases. fresh current receipts 19 22c, firsts 23c. Cheese steady across varieties 16 17c. Potatoes weak with receipts of 46 cars from Michigan 48 50c, Minnesota 45 48c, Wisconsin 43 46c. Poultry steady with turkeys dressed 20c, live 10c. Veal steady 9 14c.
Kansas City markets list Butter steady at 8 to 31 cents with pack stock at 21 to 22 cents. Kegs show extras 26 to 28 cents, firsts 24 to 25 cents, seconds 18 to 18 1/2 cents. Poultry prices include hens at 9 1/2 cents, young turkeys 16 cents, ducks 18 cents. New York eggs firm at 35 to 36 cents with receipts of 63 60 cases.
ST. LOUIS Dec 17 Poultry Chickens 91/2c per lb springs 11/2c 12c turkeys 17 18c ducks 14c geese 11c Butter Creamery 27 36c Eggs 22c per dozen.
First Assistant City Marshal P. D. Christian orders the San Antonio police court to run with courtlike dignity. Smoking is banned in the courtroom and officers and spectators must sit, stay quiet, and avoid crowding the judge's desk.
In Fort Worth Texas on December 17 Thomas F. E. Berry a laundry wagon driver was killed when his wagon collided with a street car this morning. This death marks the third husband of Mrs Berry to die violently.
New York opened steady with a 4.7 point advance on firm cables. soon eased to a slight loss as south offerings remained small. Trade bought on declines, market steadying yet quiet by midday with mid-day quotes about 6 points down from morning. Spot middling uplands at 13.20 cents, no new features in the afternoon.
New York cotton futures opened steady with December at about 12.80 cents and nearby months around 12.85 to 12.95 cents, while the market closed barely steady after intraday moves.
In New Orleans on December 17 cotton futures opened steady with gains of 3 to 7 points on strong cables and buying. After early strength, selling orders pushed prices down 7 to 9 points before bulls supported values. By mid morning trading months rose about 4 points over the prior close as traders awaited the Friday census report on ginning and a holiday mood lingered. The exchange would close only on Christmas and New Year’s Day. Prices edged lower by noon, the front months about 4.5 points under yesterday’s final.
Futures opened steady with December around 13.00 to 13.02 and January near 13.03c while March to July contracts ranged between 13.09 and 13.26 with varied cents. Cotton closed steadier but down 6 to 12 points, with notable bids and price fragments showing 159.87 JOM and multiple 12.88 to 13.06 ranges in nearby trading}. a rough snapshot of late session bids and declines across months.
In Liverpool on December 17 the cotton market showed steady prices amid moderate business. American middling fair stood at 7.72d, good middling 7.38d, mids 7.18d, low middling 7.00d, good ordinary 6.64d, ordinary 6.06d. Day's sales reached 8,000 bales, with 1,500 for speculation and export including 7,300 American. Receipts totaled 48,000 bales, of which 42,300 were American.
Liverpool December futures opened barely steady and closed steady with a sequence of late 1920s style quotes showing December at 6.91d and forward spreads from December to November ranging around 6.8d to 6.46d.
Spot cotton closed quiet in New York with middling uplands at 13.10 cents and middling gulf at 13.35 cents. Listings show middling in other markets and varying prices for regional fibers.
On December 17 New Orleans spot cot ton held steady with mid dling at 13 cents. Sales on the spot reached 700 with arrivals of 649. Quotations ranged from low ordinary at 9.5 cents to strict good middling at 13.75 cents. Receipts totaled 11,586 and stock at 218,432.
Memphis on December 17 reports spot cotton steady with the market unchanged and middling grade at 13 9e.
On December 17 in New York raw sugar remained steady with muscovado at 8.42 cents, cen trifugal 96 test at 3.92 cents, and molasses sugar 83 test at 3.17 cents. Refined sugar steady. Petroleum and molasses steady. Hides easy. Leather firm.
A French inventor has created a bottle cleaning brush with an adjustable angle via a screw in the handle. The device allows the brush head to reach awkward angles, improving inside cleaning efficiency for bottles and similar containers.
New Orleans reports mixed rice futures with clean and rough grades. Quoted ranges show Honduras and Japan prices, with receipts totaling 11,297 sacks from mills and 9,948 sacks from Elibough. Sales include 216 rough Honduras, 204 Japan, and 1,485 clean Honduras plus 290 Japan at varied prices.
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