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This newspaper page contains 27 articles. Subscribers can read the full text of each article.
Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Feb 23, 1913
Page
19
New York reports a continued stock market decline with prices at new lows. The week saw irregular trading and pockets of gains due to short covering rather than improved sentiment. Weak earnings, Morgan news, and gold movements influenced trading as prominent rails fell to decade and post-1908 lows.
In Vanston Illinois residents shift from Hello to greetings like Good morning and How do you do on telephone exchanges. Telephonists say Hello is vulgar and rarely used, with society women and managers preferring longer phrases.
The weekly report from Secretary Hesler of the New Orleans cotton exchange shows movement to date 11,475,331 bales for the season, down from last year but up from 1911. February totals lag last year and 1911, while imports, exports, and stocks reveal declines across ports and mills and a supply of 11,810,044 bales to date.
Northeastern Oklahoma buzzes as George Hartsock allegedly unearthed 37500 in gold mostly from a pipeline dig six miles south of Nowata. The stake rests in a Nowata bank amid ownership disputes while Memphis informant Kit Dalton links the haul to an 1884 James gang train robbery near Moscreet Missouri.
The Missouri debate over a bill to force lobbyists at the state capitol to wear a distinctive uniform is described as a blow for clean government. The proposal, and witty satirical cautions about other groups, echoes editorials from The New York Post and Topeka Capital about reform and vigilance.
Wholesale and jobbers plan to resume trade excursions to advertise San Antonio as a market and manufacturing hub. Edwin Lamm announced a committee to arrange an excursion, praising last year’s trips for exposing the region’s live, progressive business community.
The report shows weekly and season totals for cotton receipts and exports. Port receipts, overland to mills and Canada, Southern mill takings, interior stock changes, and season totals are listed alongside exports to Britain and other destinations. Comparisons with last year are included for several figures such as stocks at ports and interior towns.
Net receipts at all United States ports for the week rose to 119,969, compared with 807,626 the same week last year. Cumulative receipts since September 1 reached 8,282,714, versus 9,807,065 at the same date last year.
New Orleans February 11. Cotton futures closed steady with losses from 2 to 19 points versus last week’s close. The prior week’s export totals show Britain 54 363. France 16 867. continent 49 607. Mex and Jap 6 676. Stock and deficit figures reflect a big seasonal gap.
Baltimore judge John J. Dobler admonished Thomas Nichols for non-support telling him a man who gives his wife all his salary is no man at all. The court ordered Nichols to remit a portion while maintaining the family head role.
New York reports a bear trend as spinners purchase less cotton and demand for spots weakens. Prices drop with New York down 14 to 18 points, New Orleans 2 to 19, Liverpool 9 to 11, and spots showing heavy losses in several cities. Trade sources cite subdued demand, hedging by spinners, and anticipations of a larger southward selling mood as planting season approaches.
New York reports the cotton market closed Friday with a weekly decline of 14 to 19 points compared with the prior week. The article promises a full comparison and results detailing the week’s movements and factors behind the drop.
New Orleans reports a weekly drop in cotton prices due to softer southern markets and weaker export activity. Movement from plantations slows, exports fall, and spinners' takings decline while world stocks shrink by about 145,000 bales. The six month outlook predicts a sustained foreign demand gap unless export movement picks up. The trade notes strength in the cotton goods sector across the US and Europe, with Japan, China, and India showing varied demand.
Closing cotton values at Liverpool show American middling fair 7.334 pence, good middling 6.99d, middling 6.774, low middling 6.594, and ordinary 6.914. Daily sales reached 4000 bales with 800 for speculation and export, including 3200 American. receipts 380000 bales, of which 29000 were American.
Surprising finds at Rome’s Caracalla Baths expose a subterranean city of four thousand yards of galleries used for hydraulic heating and ventilation. Drains praised as splendid, but river Tiber rise hinders slope work. Jinks is described as an enthusiastic reformer after closing saloons and pursuing a crusade against the open winter.
Bright spring weather spurs retailers and wholesalers to stock up, with buyers from several states and Mexico visiting the city. Dun and Bradstreet notes expansion in most trades, though business failures rise to 326 from 238 last year.
Union Stock Yards reports week ending Saturday totals for cattle at Fort Worth Chicago Kansas City St. Louis and Oklahoma City 103 500 head down 13 600 from prior week Hogs total 286 210 down 22 190 while sheep rose to 165 400 head The market notes rains leaving ranges in good shape encouraging cattle at home and hog prices around 8 50 at Fort Worth with inferior porkers pulling prices down to 7 50 Cows 5 calves 6 tops. demand remains strong
Cattle trade remained nominal with beef steers at 7.50, the week’s high. Hog sales were active with two cars at 8.75 and others from 8.25 to 8.70. Sheep yards showed no activity as receipts totaled 60 calves and 610 hogs with market up about ten cents.
Cattle receipts 300 with 100 southern. native steers 7.00 to 8.76. southern steers 6.76. southern cows and heifers 4.00 to 6.59. Hogs receipts 3600, market strong. bulk 8.06 to 8.68. heavy 8.06 to 8.15. packers and butchers 8.10 to 8.20. lights 8.15 to 8.25. pigs 6.76 to 7.60. Sheep receipts none. market strong. ewes 3.50 to 5.76. range lambs 8.80. wethers and yearlings 5.50 to 7.60.
ST LOUIS Feb 22 Receipts and quotations were as follows today Cattle Receipts 250 no change market today Native beef steers 5 75 9 00 Texas and Oklahoma steers 5 25 7 90 calves in carload lots 5 00 6 50 Hogs Receipts 3000 market ten cents higher Pigs and lights 6 80 8 66 mixed and butchers 8 36 8 56 good heavy 3 45 No sheep
Chicago reports receipts of 2200 cattle with steady prices. beeves 6.75 to 9.00, Texas steers 5.20 to 6.00, stockers 5.90 to 8.15, cows and heifers 3.15 to 7.40, calves 7.00 to 10.60. Hogs see 10,000 head, market strong to 10 cents higher. lights 8.20 to 8.50, mixed 8.15 to 8.46, heavy 7.95 to 8.40, pigs 6.40 to 8.50, bulk 8.30 to 8.40. Sheep receipts 10,000, steady. natives 6.10 to 6.65, yearlings 6.70 to 8.00, lambs 7.40 to 8.85.
Guests at the Electrical Club banquet witnessed a robotic toast master. An electric manikin delivered a clear speech via tin plate vibrator, with gestures likened to William Jennings Bryan, showing abilities to talk without eating sleeping or walking.
Oscar B. Jackson, a steam tug captain, was sworn as twelve men by consent of counsel in Federal Court Brooklyn to try the estate of John Seitt’s executor from Birmingham, Ala, against Seaboard Air Line Railroad. A prior $10,000 verdict for the executor was reversed and remanded for new trial. The lone juror delivered a unanimous verdict for the railroad.
Nortz & Co report unchanged free coffee in trade hands versus four years ago while prices doubled. They project a 2,000,000 bag overproduction next year and a current season crop of about 17,250,000 bags amid reduced consumption due to high prices and substitutes.
Chicago February 22 grain market ends with little change from last week. May wheat opens and closes higher by a cent, corn at 62 1 2 cents, oats at 34 1 4 cents, pork products down with May futures at 19.70, lard at 10.57, and short ribs near 10.57 N the holiday for Washington's birthday halted trading Saturday.
Arrivals include Mercator Chen ftuegos Cibao Bocas del Toro Concho Alice May Da Cleared Alamo El Valle De York Sicilia Louisiana Tuxpam and Erhard Ape at Bremen Nordam and Carmania listed with docks in New York. The note closes with a quip about laziness from the Atlanta Constitution.
Partial list of homes in various neighborhoods offered on terms including rent. Examples include 1012 S Olive 5-1 New, 309 Sharrer St 3-1 Lot 55x100 to alley, and 1201 Hays Street 4-1 with bath and stable. Cash payments and monthly plans advertised with agent contact at 218-220 Gunter Bidg and Crockett numbers.
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