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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jan 11, 1913
Page
7
Market activity weak with declines of 1 to 4 points after the opening. May futures drop as Liverpool trade interests dampen demand, while other contracts trade narrowly before settling near prior levels.
The Jan 11 reports from Bans and Seans describe a unsettled to steady cotton market with weekend selling. Prices for January February and March futures show small gains and losses as traders weigh weather and farm activity.
Erpool cotton reports spot prices holding firm with middling fair at 7.564 and lower grades down to 6.10d per pound. Futures open easy across the curve with Jan to Dec contracts shown from 6.234 to 6.874 per pound and varying spreads.
Prices shown for prime basis meal and linters in Tennessee and York Cotton Oil markets. Activity includes spot buys and multiple lot sales with prices ranging around 6.00 to 6.18 dollars, plus various bids and rounds of trade noted in January.
Farmers in Texas report a strong season with rains improving prospects though pessimism lingers over a delayed crop. Bexar County growers anticipate higher acreage, while gin output surprised by undershooting expectations. An automobile accident in Fannah injured notable figures including Harry Bornemann and Baron George Knoop in San Antonio during a Southwest Texas trip.
New York January 11 business across most departments remains satisfactory with high transaction volumes in bank clearings. Iron and steel show favorable conditions with pig iron production high and steel orders congested while clothing labor troubles raise uncertainty in that trade. Cold weather and fruit crop damage are reported and foreign trade remains strong. An independent firm announced a $2 per ton rise on steel plates though mills cannot promise delivery soon.
Exports to Great Britain last week 98 006 and year 143 696. Exports to France 95 487. Exports to the continent 61 212 last week and 163 441 year. Exports to Mexico and Japan 9 285 last week and 26 228 year.
Spot cotton in New Orleans on January 11 held steady with a 1 16 cent rise to 12 3 4 cents for middling. The offerings included 350 bales to arrive and 225 on the spot, with receipts totaled at 6 194 bales and stock at 155 068 bales. Provisional quotes ranged from low ordinary to good middling with several grades priced and nominal figures noted.
On January 11 in New York spot cotton quotes show middling at 13.35 dollars per hundredweight, low grades at 13.10, with no sales reported on bale counts.
The Houston market closed quiet with no sales and no shipments. F.O.B. none. Stock reached 156,808 bales, with 4,448 bales shipped. Prices listed for low ordinary at 9?8c, good ordinary 10c, low middling 11 4?6c, mid doling 12c, good middling 13c, mid dling fair 13?c.
In Galveston Texas on January 11 spot cotton prices held steady with grades ranging from low ordinary at 89-16 cents to middling fair at 137-16 cents. Sales on the spot were nil. Receipts totaled 9231 bales and the stock level stood at 397,714 bales.
A record of multiple 1912 1913 property transfers names H Gordon S Harris Alma Hintzen Burr Knuth Sanders Jans zen Roseman Milgrom Pickerell Robitzsch Shoop Selski Krueger Carnahan Tisea Cater Constant Brewster La cey Bielski Shoop Longworth Goetz Edwards Palm Heights M D Cohn Hernandez Gates Carlsen VanderHoeven Dooley Dugger Cohn and others detailing parcels blocks tracts and prices across Alamo Heights Rose dale Park Beacon Hill West Gardendale and Edgewood additions with dates from 1912 to 1918 and values from 1 to 450 dollars.
Burial permits record multiple local deaths with ages and addresses. Edmond L Forest age 48 died January 10 at 745 West Houston Street. John A Quinn age 29 died January 9 at 102 Lavaca Street. Roberto Hernandez age 28 died January 9 at City Hospital. Dorothea Fergus age 23 died January 7 at 409 East Laurel Street. Walter Beck age 28 died December 1 at Sam Juan Road.
Apple brokers note California frost damage is severe but not fully known yet. They expect apple supplies to rise now but anticipate price increases with stronger demand. Cornmeal and meat prices also rise on firm market and higher demand for hoe cakes and molasses.
A wide range of groceries and prices listed including EGGS at 24 to 26 cents per dozen and 22 cents for storage. Poultry prices cover large hens up to six dollars per dozen, butter at 30 to 32 cents, and cheese at 20 to 21 cents per pound. Also listed are vegetables, fruits, nuts, canned meats, dried fruits, beans, and sugars with unit prices and crate or case quantities.
In Chicago on January 11 Wheat eased with May futures near 98 1 4 cents, corn fell after commission house buying, May opens 61 1 2 to 61 1 4 cents. Provisions decline with May pork at 90 1 4 to 95 1 2 cents, May ribs and lard lower. Wheat close softer, corn and futures retreat on liquidation.
Chicago cash grain prices list the day’s bids for various wheat types including No 2 red at 1.11 to 1.14, No 2 hard 91 to 95 cents, No 1 northern 91 920, No 2 northern 89 90 1/4 to 89 3/4 cents, No 2 spring 89 to 90, velvet chaff 84 to 90 cents, durum 86, corn No 2 at 60 cents, oats No 2 33 to 60 cents, No 2 white 4 1/2 to 8 50 cents, standard 34 38 1/4 to 34 3/4 cents.
Market notes from St. Louis dated January 11 show grain prices for wheat and corn with various grades and prices such as No 2 red wheat at around 1.11 to 1.14 dollars and corn No 2 at about 48 to 39 cents per bushel, reflecting early day trading values.
Kansas City bench sheet lists cash wheat values for No 2 hard and No 2 red with a range around 87 to 97 cents and 1.03 to 1.08 dollars respectively. Corn shows No 2 mixed at 47 to 48 cents and No 2 white at about 50 to 51 cents. Oats report No 2 white around 34 to 38 cents with May and July futures noted for wheat corn and oats.
Lead price at 4.17 percent, Spelter at 7.17 to 7.20. Poultry prices list chickens 13 cents for ordinary, springs 15, turkeys 18, ducks 11, geese 13. Butter creamery 27 to 30 cents, eggs 24 cents.
Advertising list shows prices for coffee canned vegetables and meats with notes on grading and freight terms. Items include Peaberry green coffee 20 cents, Rio green 12½ cents, Maxwell House 82 cents per pound, canned tomatoes No 2 and No 8 with prices, Illinois and Iowa corn around 90 cents to $1.00, various dry flint butchers cut prices, and terms for wild game and furs. The notice requests readers to mention The Light when answering advertisements.
To Mr and Mrs Herman a boy was born January 5 at 118 Oak street. To Mr and Mrs Frank Karsten a boy born January 7 at 120 Belvin street. To Mr and Mrs Henry Paul Jones a girl born January 3 at 1215 Paso Hondo street.
Jan 11 at Union Stock Yards reports heavy receipts including 616 cattle 8 calves 67 horses and 60 hogs. Prices steady with top cows at 4.60 calves 5 hogs 7.35. bulk cows 4.00 to 4.75. No sheep or goats offered.
Meager receipts across divisions with a fair brisk market. Hogs sold slow. best lots down 5 to 10 cents, common hogs 15 to 26 cents lower. Cattle receipts 175, beef steers 5 to 6 dollars, cows 2.50 to 5.00. Ore receipts 60, market nominal at 4.00. Hogs receipts 600, top 7.50, bulk 7.10 to 7.40.
Receipts total 2400 cattle including 400 Texas, market steady with native beef steers 59 to 60, Texas Oklahoma steers 50 to 57.90, cows and heifers 36.50 to 60, calves 50 to 66 in car lots. Hogs receipts 4800, market 10 cents lower. pigs and lights 675 to 760, mixed and heavies 730 to 750. Sheep receipts 1400, market steady. native muttons 425 to 500, lambs 760 to 940.
Receipts and quotations for cattle hogs and sheep in Chicago today show market softness. Cattle receipts 500 with values from 2.86 to 10.75. hogs 17,000 with prices from 5.75 to 7.42. sheep 2,600 with native and western types quoted from 4.65 to 9.20.
Receipts cattle 400 market steady native steers 7.00 to 9.15 southern steers 6.00 to 7.50 southern cows and heifers 3.75 to 6.25 hogs receipts 8000 market 10 to 15 cents lower bulk sales 7.15 to 7.36 heavy 7.83 to 7.40 packers and butchers 7.15 to 7.34 lights 7.10 to 7.25 pigs 6.25 to 7.00 sheep receipts 600 market steady muttons 4.50 to 6.00 lambs 8.00 to 9.30 range wethers and yearlings 6.00 to 8.00 range ewes 3.50 to 5.60
Wool prices in St Louis on January 11 show steady markets with medium combing and clothing grades at 23 26 cents per pound, light fine 19 2 cents, heavy fine 13 1 cents, and tub washed 27 86 cents per pound.
In New York on January 11 the stock market showed small price changes with copper shares once more leading weakness. American Tobacco rose modestly while New Haven fell. After an initial hesitation the market rose, then closed heavy with copper stocks as the pivotal force. Harriman stocks were firm as rails and coalers showed weight. bonds easy and overall close down.
New York reports that clearing house banks and trust companies show a reserve of 15,139,300 dollars above legal requirements for the week, an increase of 1,284,769 dollars from the previous week.
Prime mercantile paper 5.6 percent. Sterling exchange steady with bankers bills at 4.83.25 for 60 day bills and 4.87 for demand. Commercial bills 4.82. Silver at 63 percent. Mexican dollars 49 cents. Government bonds steady, railroad bonds easy.
New York time loan rates show money on call at nominal, no loans. Time loans steady with 60 days at 4 percent, 90 days at 4 percent, and six months at 4 percent.
New York metals quotations show copper at $17.50, electrolytic copper at $17.50, and ingot costs around $17.12. Iron remains unchanged on the day.
Copper weak with spot at 74 pounds 5s, futures 74 pounds over ling Ta 6d. Tin firm with spot 228 pounds 15s, futures 227 pounds 15s. Local exchange sales 45 tons. Lead at 17 pounds, steel ing 138 94. Spelter 26 pounds 28 6d. Iron Cleveland warrants 66s in London.
New York January 11 reports show steadiness in the domestic division of the cotton goods markets with softness in a few convertible lines. Blankets and napped goods openings attract attention as jobbers note shipments are being hurried by request of retailers.
Arrived yesterday: Steamer Progreso (Nov.) Progreso. Cleared: Steamers El Norte New York Breslau Bremen Archbank Liverpool Mexican Liverpool tug Higgins Mex New Orleans barge Spindletop Mex New Orleans. Sailed: Steamers Hubert Br Liverpool El Valle New York.
New York on January 11 steady futures for Rio No 2 with March at 13.52 cents and May to follow. Eggs unsettled with receipts of 7 253 cases and fresh gathered extras trading around 290 to 300 per dozen.
Kansas City market update shows butter unchanged at creameries 24 339c, eggs steady with receipts 3826 cashes and fresh 22 25c, refrigerator 19 20c, firsts 26c. Cheese steady with Daisies 16 17c Twins 16 16 1 7c, Young American Longhorns 16 117c. Potatoes easy with 62 cars from Wisconsin 42 45c Minnesota 43 47c Michigan 44 dio. Poultry steady turkeys alive 5c dressed 21c chickens alive 13c springs alive 12c. Veal steady 9 but not fully legible.
Raw sugar remains steady with Muscovado 89 test at 2.98 cents and refined at 6.40. Centrifugal 96 test 3.48 cents, granulated fine 4.70, powdered 4.80, molasses sugar 78 cents, refined barrels 8.50. Petroleum holds steady as New Orleans open kettle trades at 35 to 56 cents.
New York early trade reports show hides firm with Bo gota at 27 to 28 percent and Central America near 27 cents. Leather market steady with hemock firsts 28 to 29 cents, seconds 27 to 28, thirds 24 to 25, rejects 19 cents.
Social events listed include a dance and prize waltz at M. W. A. Hall 117 N. Flores St on Saturday Jan 11 with Diaz Sisters music. Community notices cover the formation of a New Junior Society at First Baptist Church and various local announcements.
A Mexican woman Antonia Hernandez, 20, caused a disturbance in a West Commerce restaurant at 11:30 last night and was arraigned in corporation court on disturbing the peace charges. She paid a $15 fine.
De Lloyd Thompson an aviator from the Lillie school struck his head on a pool projection during a dive at the Hot Wells bath house last night and suffered a forehead cut. The wound is not serious.
Mr retailer urged to buy hams bacon lard and sausage from Union Meat Company with a home prepared claim. Customers told to call Oak Ring phone number 292 for a price and warned against meals sent from Chicago Kansas City or Omaha.
The city hosts a long stream of guests at the Menger Bowie Savoy St Anthony Crockett and Gunter hotels. Names include Mr and Mrs J Muller Galveston Thomas Shaffer Victoria Dr and Mrs A Spencer Temple A McCormick H H Hancock Jr Houston N R and E Ray Powell Pettus G R Beckham Yorktown L Stephenson Sweetwater George H Lee Galveston M A Holmes Fort Worth J C Kane Fort Worth R P Saunders San Marcos Dr and Mrs A Lumpkin Meridian Mr and Mrs H N Christensen Omaha plus many others as hotel registers show. A Mex national packing Co official Co A Mallory Mexico City travels here.
At a Texas state bank board meeting certificates of authority to do business in Texas were issued to four banks: First Guaranty State Bank of Newport Clay county capital stock 10000 Citizens' State Bank of Valley Mills Bosque county capital stock 30000 First State Bank of Handley Tarrant county capital stock 10000 Citizens' Guaranty State Bank of Chandler Henderson county capital stock 25000 All banks adopted the guarantee fund plan.
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