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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jan 12, 1913
Page
19
In Chicago the week featured strong export demand for spring wheat with foreign buyers attracted by current prices. The market remained firm as the northwest held large supplies while big traders called for buying. Millers bought 250000 barrels of flour for bakers in two days amid bullish corn signals and rising May corn.
Chicago reports steady close in grain and pro vision markets with weekly quotations. Cash wheat, corn, and oats prices shown by grade reflect narrow ranges, including No 2 red wheat around 1.11 to 1.14, No 2 corn near 60 cents, and No 2 oats about 38 to 34 cents.
The St Louis market summary reports hard quotings with prices for oats and corn. The text lists No 2 yellow corn and No 2 white oats with various price figures though the exact figures are garbled.
Daily quotations show cash wheat and oats with varied grades and futures for May and July. Wheat ranges from 87 to 97 cents for No 2 hard and 1.03 to 1.08 dollars for No 2 red, with corn and oats also listed for May and July contracts.
Lead quoted at 4.17 percent, spelter range 7.17 to 7.20. St Louis Produce lists poultry prices with chickens at 13 cents, springs 15 cents, turkeys 18 cents, ducks 15 cents, geese 13 cents. Butter creamery at 27 to 36 cents, eggs at 2 and a half cents? The fragment notes general grocery prices for the market day.
In Brooklyn Judge Fawcett ordered 17 year old Frederick Kaiser to attend Sunday school every Sunday until age 21 after Kaiser was caught carrying cocaine to a man in a police cell. The judge warned that noncompliance would land him in jail.
Kansas flour dealers rely on Supreme Court rulings after a southwest wheat corner that has shut out eastern buyers. New York reps say Armour Grain Co controls about four fifths of roughly 6,000,000 bushels in Kansas City, keeping cash prices high and constraining storage space and milling profits.
The week’s statement reports total reserves above requirements at $15,139,300 with a gain of $1,284,750. Specie rises by $18,536,000 to $333,246,000 while legal tenders increase $44,900 to $8,121,800 and total deposits advance $2,693,100 to $617,024,900.
Cottonseed meal prime basis re meal details from Memphis with price ranges. New York oil market closes easy with spot and future prices from January through August and notable sales in various months. Total contracts and sales figures listed.
Rio No 7m futures hold near 13.52 for March while May contracts follow. In New York trading eggs show unsettled activity with 7,263 cases of fresh gathered extras reported as the market moves.
Kansas City reports butter eggs and poultry unchanged. Chicago lists butter 24 34c, eggs 22 26c, firsts 19 to 20c, cheese steady with several varieties at 16 to 17c. Potatoes ease with mixed regional prices, poultry and veal also steady.
U S Department of Agriculture Weather Bureau report from San Antonio dated January 11 1918 notes highest temperature 72 degrees, lowest 48, average 60 with normal 61 and daily excess 9. It records total precipitation .01 inches and accumulated monthly deficiency 43 since January 1.
Jobbers report opening cane seed prices near last year with big early demand. Merchants prep supplies this month as cane acreage has surged in five years making seed trade a major market. Sugar prices vary with some grocers at five dollars per hundredweight while refiners push price cuts amid dull demand. Cuban crop outlook remains strong and dairy products stay firm.
Raw sugar steadies with muscovado at 2.98 cents and refined at 4.70 to 4.80 cents per pound. Petroleum holds at 8.60 dollars per barrel for refined. molasses steady. New Orleans open kettle market shows 35 to 55 cents.
New York buyers report firmer hides with Bo gota at 27 to 28 cents for Central America and 27 4c for others. Leather prices show Hemlock firsts at 28 to 29 cents, seconds 27 to 28 cents, thirds 24 to 25 cents, and rejects 19 to 20 cents.
The Baroness von Pallant, aboard the George Washington after visiting the U S, denounces American women and their daughters. She likens them to a Virginia red fox always in motion and says young girls sit with elders, monopolize conversation, and lack repose. She praises charm but calls intellectual depth superficial. She doubts women were meant to be at large and notes fashionable dress and social behavior.
A detailed price sheet lists fresh country eggs at 24 to 26 cents per dozen, storage eggs 72 cents per dozen, poultry prices from six to thirteen cents per pound, butter 18 to 32 cents, and cheeses. It covers vegetables, fruits, nuts, syrups, canned meats, and dried fruits with specific per unit or per case rates for California and regional goods. The catalog includes eggs, dairy, beef, pork, poultry, and staples like rice, corn syrup, and dried apricots with varied price points.
Southwest Texas trade shows a winter lull with rain and bad roads keeping farmers at home. Eggs rise to 25 to 26 cents a dozen, butter 19 to 22 cents, and hens priced 5 to 6 dollars per dozen as dry goods distributors ship spring lines. New 1913 price lists loom, while Bradstreet notes overall trade life improving with weather aiding apparel and coal demand despite railroad slowdowns and heavy winter rail traffic.
A list of bulk figs in 25 lb boxes at 7 cents per pound and other dried fruits with varied crown sizes and packing. Sugar and coffee prices follow with granulated sugar at 5.35 per 100 pounds and Maxwell House coffee at 32 cents per pound. Canned vegetables and hides prices complete the grocery catalog.
Wool prices steady in St Louis with 8st markets noting medium grade combing and clothing at 23 to 26 cents per pound. Fine wools quoted 19 to 21 cents, heavy fine 13 to 18 cents, tub washed 27 to 36 cents.
A brief note records obstivations taken at p m on Saturday January 11 1913. The entry lists no names or additional details.
Davenport Washington County Auditor J W Brislawn certified his own election as representative of the Sixteenth district. He signed the document and will notify himself on November 16 of his Legislature election. He will be succeeded as auditor by deputy C C Lette after the change.
Mr and Mrs G H Young of Oregon City rely on a 1672 Bible printed by John Bill and Christopher Baker in Scotland. The aged copy, brought to the United States by the Drennen family, is the Youngs' cherished faith item.
The Union Stock Yards report from Jan 11 notes a cold snap but ample pasturage for cattle, with fat stock outlook weak and light offerings. Prices for good cattle rise as butchers bid for more killed supplies, hogs valued at about 7.2 and higher in some instances, while sheep and goats remain scarce and underquotted.
Fort Worth stock yards report meager receipts across divisions with a fairly brisk and steady market from Friday. Hogs sold slowly with best lots down 6 to 10 cents and common hogs 15 to 25 cents lower. Also included are St Louis quotes showing cattle steady, hogs down a dime, and lambs and muttons at listed ranges.
Chicago cattle receipts reach 500 with a dull market. Beeves bring 5.90 to 9.40, Texas steers 4.70 to 5.85, western steers 5.70 to 7.40, stockers 4.40 to 7.65, cows and heifers 2.85 to 7.60, calves 6.75 to 10.75, hogs 6.76 to 7.35. Sheep receipts 2500, market weak. natives 4.65 to 6.15, western 4.75 to 6.16, yearlings 6.30 to 8.20, lambs natives 6.76 to 9.20, western 6.90 to 9.20.
Receipts and quotations for cattle hogs and sheep at Kansas City dated Jan 11 show cattle receipts 400 with steady market. native steers 7.00 to 9.15, southern steers 6.00 to 7.50, southern cows and heifers 3.75 to 6.25. Hog receipts 8000 with market 10 to 15 cents lower. bulk 7.16 to 7.35, heavies 7.80 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 500 with market steady. ranges 6.00 to 8.00, high 9.30.
The cotton market drifted lower with New York down about 3.50 per bale from last month as bears reigned. Spinners supported prices late in the week, while weather and court news tempered optimism and volumes remained light.
New York report shows the cotton market finishing the week 18 to 32 points below last week with declines across most nearby and distant contracts. Notable figures include March at 12.46, May 12.60, and August around 12.68, reflecting broader softness in the market.
Cotton futures in New Orleans closed steady with the week’s drop ranging from 17 to 25 points. The day’s board showed varying quotes for near and distant months, including February and March positions, amid incomplete OCR data.
Liverpool January 11 spot cotton market reports moderate business with prices unchanged. American middling fair at 7.56 pence, good middling 7.22, middling 7.02, low middling 6.84, good ordinary 6.44, ordinary 6.10. Daily sales 9000 bales, including 1000 for speculation and export and 8700 American. No receipts.
Liverpool notes show futures opening firm and closing easy with quotes for January to February and across successive monthly spreads. Key points include Jan 6.704 and various spreads such as Feb-March 6.73 and Oct-Nov 6.27444, reflecting a general easing.
On January 11 New Orleans spot cotton held steady with a 1 to 16 cent gain at 12 1/2 to 12 3/4 cents for middling. A total of 360 bales were sold on the spot with 225 arriving. receipts amounted to 5194 bales and stock at 185,068 bales.
Spot cotton closed quiet with middling uplands at 13.10 dollars and middling gulf at 13.36 dollars, with no sales logged.
The spot market in Houston on January 11 closed quiet and unchanged with no sales. Shipments totaled 4448 bales, stock at 156,808 bales. Price ranges list low ordinary 9c, ordinary 10c, low middling 11 1 2 c, middling 12 1 2 c, good middling 18c, mid-dling fair 13 4 c.
Cotton futures on the Galveston spot market end unchanged with prices ranging from 89 16e for low ords to 13 7-16e for middling fair. Spot sales are none, receipts total 231 bales and stock stands at 97 714 bales. Tourist dialogue references a fifteenth century castle and a humorous time-advancing ruin.
The weekly report from Secretary Hester at the New Orleans Cotton Exchange shows January movement lagging last year by 165 000 bales after eleven days. Season totals are 243 000 bales behind year ago with 10 044 842 bales moved since September 1.
Cotton receipts this year total 186 809 at Port with 405 186 shipped overland to mills and Canada. Southern mill takings estimated 90 000 and stock gains in interior towns 737 brought into sight for the week 922 768. New York closing shows mercantile paper at 5.5 percent and exchange steady with bankers bills at 4 83 25 for 60 day and 4 87 for demand. Government bonds steady and railroad bonds easy.
Net receipts at all U S ports for the week reach 91 795, with year over year total 7 049 318 since Sept 1. Exports for the week total 204 625, against 374 588 a year ago, with cumulative exports 5 579 778 versus 5 810 193 last year.
Copper issues moved actively at times and faced bear pressure late in the week. Producers showed a larger-than- forecasted rise in stocks while United States Steel reported a big carryover of orders for the year. Bank reserves held excess over requirements rise, with money flowing into New York.
New York on January 11 reports money on call nominal with no loans. Time loans show steady at 60 days four percent and 90 days four percent. six months also four percent.
A New York market note reports copper at 17.50 with high grade misquoted figures while tin and lead drift. The piece includes a stray quotation about a government inspector and a post office interaction, referencing a local office and an advertised inquiry.
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