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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Dec 21, 1913
Page
19
American Telephone rose buoyantly after Washington announced the dissolution of its merger with Western Union. Western Union fell to 56 1 2, the lowest since 1910, while the outlook pointed to renewed investor confidence and a brighter business climate after the year’s end.
The last sale on the New York Stock Exchange today compared with that of the previous Saturday showing the progress made by respective etc during the week just completed, followed by the general weather bulletin and 8 p.m. observations for Saturday December 20, 1913.
Chicago quotations show cash wheat at No 2 red 95 96 cents No 2 hard 89 90 cents No 2 northern 89 90 cents No 2 spring 88 89 cents. Corn new No 2 70 plus percent cents No 2 white 70 plus percent cents No 2 yellow 70 plus percent cents. Oats standard 41 43 cents barley 52 75 cents.
Reserves in New York Clearing House banks rose by 1,459,050 for the week ending December 20, bringing total holdings to 17,439,350 above legal requirements. Loans and net deposits increased, with substantial gains in specie and banker cash reserves, while state banks outside the clearing house showed declines in loans and deposits.
Bradstreet's review notes retail holiday activity centers the scene while wholesale trade quiets. Inventories rise as salesmen return from the road and jobbing trade suffers from mild weather. Final distribution is uneven with holiday buying yet tempered by warmth. idle hands tally higher. Some iron branches show better demand and pig iron cases are larger. Business failures for the week total 878 versus 322 a year ago.
Reports from over 100 U S cities in 46 states reveal varied conditions. New England states and California Oregon Washington show fair results while the northeast standstill in the north Atlantic and booming activity in the south Atlantic gulf and southwest. The middle west and northwest report below par or mixed activity while the Pacific region trends fair.
Cotton market data shows week spot sales of 64 000 bales in Liverpool down from last year. American cotton volumes and forwarding figures are detailed, with total stock at 899 000 bales and weekly imports 173 000 bales. Exports for the week total 7 000 bales.
The wool market stays firm with robust domestic demand and territorial trade. Quotations show Missouri and Kentucky wools at 22 22 percent clean, unwashed at 23 percent, Texas fine 12 months 60 cents per pound, and other fine lots at 41 to 48 cents.
The actual condition of clearing house banks and trust companies for the week shows a reserve of 17 439 350 dollars in excess of legal requirements, up 1 459 050 dollars from the previous week.
Call money nominal with no loans. Time loans easier at 60 days five percent, 90 days five percent, six months five percent. Mercantile paper six percent. Sterling rates steady with 60 days four point eighty one, demand four point eighty five. Bar silver eighty eight? No. Mexican dollars forty four and a half cent. Government bonds steady. Railroad bonds strong.
New York market report shows Rio coffee No. 7 trading at 9%c futures km with March at 9.49 and May at 9.73 dollars.
Chicago reports butter prices unmoved with receipts of 3609 cases at mark and prices 26 31c for ordinary firsts and 28 29c for firsts. Cheese and potatoes also steady with 26 cars of potatoes received. Poultry prices unchanged as market tones remain steady.
Metals dull in New York with lake copper at 15.00 to 15.50 and electrolytic 14.87 to 14.50. Lake copper cost 14.00 to 14.12 percent. In St Louis on December 20 lead at 3.90 and spelter at 5.00 with little change overall.
New York reports a generally quiet cotton goods market with minor activity in cloths at lower prices. Narrow cloths and cotton yarns show little movement while staple taffeta ribbon prices have been revised downward to pre- fluctuation levels.
New York report shows unsettled raw sugar with Muscovado at 2.70 73, centrifugal 8.23, molasses sugar 2.48, refinery prices quiet as markets hold.
All explanatory notes from 8 p m describe air pressure at sea level and iso therms. Data shows highest temperature 62 and lowest 46 with an average of 64 and a daily excess of 2. January accumulates an excess of 73 with total precipitation none and monthly deficit of .04 inch.
Trade reports show cotton seed oil men in Texas endured a difficult season with poor seed quality cutting profits. Mills failed to fill future contracts as rains damaged crops, leaving many with losses.与此同时 San Antonio shipped turkeys for holidays while prices eased and rice and other staples faced movement delays.
December cotton movement to date shows a 68 000 bale drop from last year but season totals rise. New Orleans Henry Hester reports 1918 crop up 34 000 bales over last year with weekly in sight at 516 218 against 555 030. Season to date 8 972 650 bales, foreign exports 262 407 for the week, season total 4 743 794.
In St. Louis on December 20 poultry unchanged except turkeys at 17 cents per pound. Butter Creamery up to 35 cents per half pound. Eggs unchanged.
A long list of property transfers dated 1913 to 1918 details buyers, sellers, lot numbers, blocks, street sides, and amounts ranging from $10 to $12 000 across various San Antonio districts including Los Angeles Heights South Heights Keystone Park and Lakeview addition. Names include George R Stumberg Dr William F Bonner W T Jones H H de Fincher Louis J Fischer John B Holt Horace H Shelton Mary Keettler Ed Friedrich Claude V Birkhead Adolph Lambrecht Otto Besser and many others.
John F. Barrett and Maggie Hawkins Alfred Gonzales and Teodora Reyes Feliciano Gonzales and Maximana Reyes Abraham Harris and Florence Marks Likes Montgomery Curtis and Oza Alice White Edward J. Stapper and Olga I Kriewald.
Eric Munoz receives a permit for a four room house on Gomez Street with a stated value of 750 dollars.
Mexican cattle moved freely through Texas ports with San Antonio handling several thousand head. Scarcity of native stock pushed demand up as thousands more are carried over winter on Texas Stars. Cattle prices ranged beef steers 5 to 6 dollars, cows 4.25 to 5.25, calves 5.60 to 6.60, yearlings 5 to 6, while hogs weakened below 7.25. Sheep and goats limited with consignments offered by commission men.
Fort Worth Texas Friday market receipts totaled 2300 cattle 400 calves 1200 hogs and 1200 sheep. Cattle mainly Mexicans. market steady with steers 5.50 to 6.75 cows 4.00 to 5.60 heifers 5.00 to 6.50 bulls 4.00 to 5.25 calves 4.50 to 7.50. Hogs active steady top 7.85 with most sales 7.65 to 7.80. Sheep market steady.
Chicago market today shows hogs with 15 000 receipts and slow trading. Bulk sales ranged 7.50 to 7.70, light 7.90 to 7.46, mixed 7.40 to 7.75, heavy 7.40 to 7.75, pigs 6.25 to 6.50. Cattle receipts 400 with steady beef prices, vees 6.60 to 9.75, Texas steers 6.60 to 7.60, stockers and feeders 4.90 to 7.30, cows and heifers 3.00 to 8.40, calves 7.00 to 10.50. Sheep receipts 2 000 market slow, natives 4.25 to 5.50, yearlings 5.40 to 6.60, native lambs 6.25 to 7.70.
Kansas City market reports show hog receipts of 10,000 with steady demand and prices from 6.50 to 7.66 for pigs and 7.40 to 7.70 for heavy hogs. Cattle receipts 500 with steady demand. prime fed steers 8.25 to 9.50, dressed beef steers 7.00 to 8.25, southern steers 5.56 to 7.00, cows 4.40 to 7.00, heifers 6.50 to 9.60. Sheep receipts none with lambs 7.00 to 7.60, yearlings 5.50 to 6.75, wethers 4.50 to 5.25, ewes 4.00 to 4.60.
On December 20 receipts totaled 6000 hogs with market lower. Pigs and various classes priced, heavy hogs at 7.65 to 7.6. Cattle receipts 450 including 200 Texas steers, market steady. native beef steers 7.50 to 9.25. cows and heifers 4.25 to 8.50. Texas/Oklahoma steers 5.75 to 7.00. calves 6.00 to 11.00. Sheep receipts 150, market steady. native muttons 3.75 to 4.65. lambs 5.25.
Eggs unsettled with fresh gathered extras at 85 36c and extras firsts at 34 34c. Market notes indicate price variations and supply statuses in New York.
The December government report spurred a sharp market break, with New York slipping 62 to 88 points andNew Orleans down 61 to 76 as prices hit new lows. The census figures showed 12,928,000 bales passed through guns, fueling fears the government’s December crop estimate of 13,677,000 bales was too low. London trade remained steadier amid widening gaps with New York.
Spot cotton in Liverpool on December 20 shows steady prices with middling fair at 17.644 and various middling grades around 7 to 7.3 in decimals. Sales reached 7,000 bales with 5,400 American and 1,000 for speculation and export. Receipts totaled 19,000, including 10,800 American.
In Liverpool on December 20 futures closed quiet with a series of fractional moves across the curve. December and January contracts show 6.75 to 6.76 percent yields, with scattered changes through March to February and beyond, the pattern varying by contract pairs.
Leading market reports show spot cotton unchanged with middling at 13 cents. Sales totaled 700 bales on the spot with 489 bales arriving. receipts reached 15,315 bales and stock stood at 268,827 bales.
Report outlines total net receipts of cotton at all ports since September 1 in bales and stock figures. It lists stock at all United States ports, stock at interior towns, and compares to the previous year data.
Exports for the week total 260 474 dollars. Exports for the same week last year were 255 013 dollars. Cumulative exports since Sept 1 reach 4 702 863 dollars, compared with 4 848 059 dollars at the same date last year.
Net receipts at all U S ports for the week drop to 330,057 from 359,615 a year ago. Total receipts since September 1 reach 6,298,120 versus 6,621,925 to the same date last year.
The report lists extensive cotton handling figures with port receipts and overland shipments to mills and Canada. It records totals for interior stock, visible supply, and foreign cotton, noting favorable gains in stock at interior towns and overall season deficit, alongside year over year comparisons for various regions and categories.
Reports arrivals and clearances of multiple steamers in Galveston and New York. Vessels listed include Harmonic Rosarito Ellis Bocas del Toro El Oriente New York San Jacinto Crews and ports shown such as Queenstown Naples Hamburg Genoa Havre Liverpool Naples and Havana with several ships cleared to Ellis Chemnitz and Dowlais.
The cotton seed oil market closed weak with spot at 6.60 to 6.95. Activity showed several monthly bids from December through July with prices ranging 6.72 to 7.30 and total sales reaching 8400 units.
The Houston spot market closed quiet with declines. Sales: spots none fob, shipments 15,701 bales, stock 170,795 bales. Prices: low ordinary 6.5c, ordinary 7c, good ordinary 9c, low middling 11c, middle 12c, good middling 13c, middling fair 14c.
Spot cotton in Galveston declines across grades on December 20 with lows from 6 c to 18 c above low middling. Sales listed as 100 bales by F. C. B. Receipts total 14,120 bales and stock stands at 223,496 bales.
In Memphis on December 20 spot cotton held steady with middling grade at 18 cents.
Kansas City Produce reports butter eggs and poultry unchanged in Kansas City on December 20.
Wheat market subdued with government report limiting price moves. Acreage for winter wheat rose to 35.506 million acres from 33.618 million, improving crop prospects. Corn and other staples show varied signals as weather and receipts shift sentiment. 14 principal crops valued at 4.9403 billion dollars with corn averaging 17.96 per acre and other prices listed.
Quotations for wheat corn and oats reported today in Kansas City show No 2 hard wheat at 83% 89c and No 3 mixed corn at 89c. Oats No 2 white 41% 41c and No 2 mixed 40c with May and July wheat at 86% and 83% respectively. December corn at 67% and May at 71% cap.
Quotations today show cash wheat with No 2 red at 8 96 3 4 cents and No 2 hard at 7 98. Corn markets list No 3 at 68 69 cents and No 3 white at 69. Oats 40 4 1 2 to 42 cents. December wheat 89 cents, May 1 1 8 cents. December corn 70 3 4 cents, May 71 3 4. December oats 40 cents, May 42. Receipts yesterday include flour 9 000 barrels, wheat 77 000 bushels, corn 65 000 bushels, oats 46 000 bushels. Shipments: flour 12 000 barrels, wheat 93 000 bushels, corn 11 000 bushels, oats 51 000 bushels.
In New Orleans on December 20 rough Honduras and Japan rice held steady with firm undertone. Quotations show rough Honduras at 1 dollar 50 and 584 cents per unit, Japan at 1 dollar and 3.25 cents, clean Honduras onces 2 1/2, receipts totaling 2892 rough and 1986 millers. Sales list 12 sacks rough Honduras at 2.3 to 3.00, Japan 699 sacks at 1.10 to 3.7, 3253 pockets clean Honduras at 4, 908 pockets Japan at 2 1/2 to 3 cents.
Spot cotton in New York Dec 20 was quiet with middling at 12.60 and middling gulf price not stated.
To Mr. and Mrs. M Guerra a boy born December 19 at 908 South Leona. To Mr. and Mrs. M V Peche a boy born December 14 at 827 North Colorado. To Mr. and Mrs H Wild a boy born December 12 at 224 Lotus. To Mr. and Mrs R Heinissh a boy born December 17 at 322 North Hackberry Sargent. To Mr. and Mrs B Sadov a girl born December 14 at 197 North Center.
Augusta Kraemer aged 54 died December 1 at Santa Rosa Hospital. Maria Abile aged 1 died December 1 at 716 South Pecos Street.
Vestal Center village near Binghamton lists 63 residents with 30 over 70 years old and total ages 2306. John Goodenough five years old heads a misread list. Samuel Harris fourteen years eleven months is second. Mrs Phoebe Tibberty is next. ten Civil War veterans and ten born on the same farms as their birthplaces noted.
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