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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jan 15, 1913
Page
7
New York opened steady with a one point advance on April, then sold off to a small loss before morning. By noon prices were 4 to 6 points higher with New Orleans reported better spot demand. Spot middling uplands held at 13.00 dollars as coverage and selling activity continued through the day.
Cotton futures show steady opening with prices listed for January through December and months ahead. The market closes firm with detailed open high low and close figures across multiple contract months.
New Orleans January cotton futures opened steady tracing a 2 to 3 point drop despite a firmer Liverpool market. Bears blamed small Liverpool spot sales and Wall Street whispers while Balkan tensions added selling pressure. By mid-morning prices fell four points from yesterday, then recovered to 5 points above yesterday's close as shorts bought and support came from selling shorts.
In New Orleans on January 15 cotton futures opened steady with bids for January at 12.25 February 12.25 May 12.34 July 12.36 October 11.44. The session closed steady with a net advance of 7 to 14 points, showing a range from 11.46 to 13.48 with most contracts near 12.0 to 12.8.
Spot cotton in Liverpool is quiet with prices slipping. American middling fair hits 7.374, good mids 7.03d, middling 6.834, low middling 6.65d, good ordinary 6.25d, ordinary 6.91d. Daily sales reach 6000 bales, 1000 for speculation and export including 6100 American. receipts total 3100 bales, all American.
Futures opened quiet and closed steady with December and January positions listed. The report notes multiple forward month prices including Jan 6.65 and Oct 6.19 and repeats a political message urging readers to pay poll tax.
J. J. Thompson of the San Antonio Packing Company in El Paso forecasts a turning point for beef cattle values today January 15 with a substantial price decline at packing centers. He argues meat prices cannot rise yearly and points to Arizona’s Salt River valley as a bellwether, where bidders push up cattle prices to 7 cents a pound before a new bid shifts the market, signaling a future drop and cheaper cattle for markets like California.
The Agriculture Department reports December 15 prices show hogs at 6.89 per cwt and beef cattle at 5.33, with gains for hogs and sheep but staples like corn, wheat, oats, and flax seed markedly lower from a year earlier. Farmers also received higher prices for some meats yet overall staple crops fell across the year, while Southern cotton, butter, chickens, and wool showed mixed gains.
In Memphis on January 15 prime basis oil held around 5.14 to 5.20, meal at 25.50 to 25.75, linters activity noted. In New York the cottonseed oil market closed firm with spot at 6.12 to 6.35 and May to August futures trading within 6.14 to 6.35. Total sales reached 11,800 with multiple lots exchanged across May July and August contracts.
Galveston Texas January 15 spot cotton closed steady with small gains. Prices ranged from 8 4 100 to 18 cents for various grades from low ordinary to middling fair. Total sales 1988 bales, receipts 6684 bales, stock 365901 bales.
New Orleans on January 15 reports spot cotton steady with middling at 12 1/2 cents and various grades quoted. Sales on the spot 435, to arrive 850, receipts 2962, stocks 180,879.
In Memphis spot cotton held steady with a fractional decline noted, middling at 13 cents. In New York the spot market closed quiet with middling uplands 13.00 and gulf 13.25, no sales recorded.
The Standard reports Raphael's La Donna Della Queria rediscovered in a chapel on Count Vallette's estate in Italy and smuggled out. The painting's forthcoming thrilling romance is promised when full details are released. Editor A R McCollum elected president of Waco Farmers and Merchants State Bank.
The three masted schooner Melville from Porto Rican ports bound for Mobile went ashore on the gulf beach near Gasque Alabama in heavy fog. Tug captains report heavy damage and abandonment is believed. Owned by C D Rogers Co of Philadelphia.
The Weather Bureau reports yesterday had no precipitation. A trace of .07 inches fell, with total precipitation since January 1 at .16 inches and a deficiency of .76 inches for the same period. Chief Willis L. Moore oversees the report for the U.S. Department of Agriculture.
San Antonio reports ample potato supplies with prices at 1.50 to 1.60 per hundredweight while Dallas and Texas markets face shortages. Colorado and Idaho weather slows movement and a few carrot potato orders must be canceled. Meat prices rise five points with strong demand as Armour Swift and Morris & Co. expand business. no changes in groceries or produce.
Boston January reports domestic wool interest shifts to 1913 clip with Arizona wool at 117c on the sheep's back. Old wool demand remains light while Ohio delaine and Michigan wools show modest activity. Territory stock and regional quotes list various blood percentages and scoured basis prices for Texas and other regions.
Wool prices hold steady in St. Louis with medium grades for combing and clothing quoted at 23% to 26 cents per pound. Light fine wools bring 19 to 22 cents, heavy fine 13 to 18 cents, tub washed 27 to 36 cents.
New York buyers note steady butter creamery sales and fresh egg receipts. Creamery 24 338 cc shows eggs at 20 23 cents for new cases, refrigerator firsts 19 cents, firsts 23 1/2 cents. Receipts total 5671 cases.
In Chicago on January 15 cheese, potatoes and poultry held steady with mixed twin and farm product quotes. Live turkeys and chickens saw minor movement while butter eggs and poultry prices persisted unchanged in Kansas City and New York reports with fresh gathered eggs at 28 2 cents and dirties 18 to 18 cents.
A jumble of commodity quotes from New York and St Louis lists prices for sugars molasses petroleum poultry dairy and metals. Entries include Muscovado 9 test 2.98 centric for refined sugar 3.48 and poultry prices from 12 to 18 cents with butter at 27 to 28 cents per pound and lead and spelter prices around 4.20 and 7.15 respectively.
A terse market note from New Orleans lists varied items with limited legible values including Clean Honduras at a quoted 3040 and other figures like 3964 and 944. The fragment hints at commodity sales and price points but lacks full context or entities.
New York markets show steady activity in general goods with some movement. Woolens and yarns were quiet while overall business remained steady. the report notes steadiness in prices and general market tone for the day.
Rio 18 percent noted. Futuresec ranks No. 7, May reaching 74, steady. March 13.47 referenced.
Stocks opened fractionally higher amid bear pressure and heavy selling in coal shares. Gains from Amalgamated and Atlantic Coast Line led a late rally as foreign markets shone, but Reading and Lehigh Valley slid further before the session closed strong amid profit taking and renewed buying.
At Union Stock Yards on January 15 about 200 steer cattle were bought by Houston Packing Company from Ed C Lasater of Falfurrias for Houston. Cows topped at 4.35 and calves sold best at 5.25 with bulk around 4.50. A liberal hog supply yielded best at 7.60 with bulk near 7. Goats arrived around noon but had not sold by late hours.
Midweek cattle receipts total 3200 with 500 calves and 2000 hogs. Cattle slow with cows and heifers weak while calves rise. hogs down a nickel, top $7.50 and bulk $7.00 to $7.46. Sheep nominal with 17 head.
Receipts and quotations for cattle hogs and sheep in Chicago show cattle steady to lower with totals near 17 000. Hogs strengthen to five cents above Tuesday with 30 000 head, and sheep market soft at Tuesday's close with 30 000 head. Prices span common cattle ranges from calves to cows and heifers and hogs across light mixed heavy and rough categories.
Cattle receipts 1500 with 800 Texan head and steady market. Native beef steers 5.60 to 9.50, Texas Oklahoma steers 5.50 to 8.00, cows and heifers 3.65 to 6.00, calves in carload lots 5.00 to 6.60. Hogs receipts 16,000 and steady, pigs and lights 6.75 to 7.40, mixed and brokered 7.25 to 7.40, good heavy 7.30. Sheep receipts 4800 and steady, yearling muttons 4.35 to 5.00, lambs 7.40.
Kansas City market today shows cattle receipts 7000 including 200 southern, steady trade with natives $6.75 to $9.25, southerns $6.00 to $7.50, cows and heifers $3.75 to $6.25. Hogs receipts 11,000 steady to up five cents, bulk sales $7.00 to $7.25, heavies $7.20 to $7.30, lights $6.95 to $7.10, pigs $6.00 to $6.75. Sheep receipts 9000 steady to ten cents lower, muttons $4.50 to $6.00, lambs $7.50 to $9.00, range wethers and yearlings $5.50 to $8.00, range ewes $3.50 to $5.50.
Prime mercantile paper at 4% to 5% with steady sterling exchange. Bankers bills for 60 days at 4.83 and for demand at 4.8710. Commercial bills 4.82. Bar silver 63.5 cents. Mexican dollars 49 cents. Government bonds firm with heavy railroad bonds.
Money on call remained steady at 2 1 2 percent with bids at 2 7 8 percent and offers near 3 percent. Time loans showed firmness with 60 day at 3 4 percent, 90 day at 4 4 percent, and six months at 4 4 percent.
The New York Chicago and St Louis Railway, known as the Nickel Plate, announces a four percent annual dividend on its common stock, up one percent from the rate in the prior three years.
Copper prices slipped with spot at 69 pounds 17 shillings 6d and futures at 70 pounds 2 shillings 6d. Tin held steady with spot 227 pounds 15s and futures 225 pounds 10s. Lead quoted at 17 pounds 6s and spelter at 26 pounds. Tron, Cleveland warrants 66s in London.
Galveston reports arrivals from yesterday include the steamers El Cid from New York and Glenarmhead from Br. Cleared ships are Ventmoor to Rotterdam El Mundo to New York with sailing Franklyn to Bremen Mercedes de Larrinaga to Havre and Aniiion to Liverpool.
New York markets report copper mostly steady with spot at 15.50 to 16.50 and electrolytic around 16.75 to 17.00. Tin remains firm with spot near 51.00 to 51.25, lead and spelter quiet, antimony dull, and iron steady.
The Turkish government today granted an extension of tobacco concessions for another twenty years in Constantinople. The notice asks readers to mention The Light when answering advertisements in this paper.
Wheat opened higher on firm cables then eased. May futures edged to near unchanged before closing higher. Provisions firm with May pork and ribs advancing. Cash grain quotes show No. 2 red wheat at 1.11 to 1.15 dollars and corn No. 2 white/yellow at 60 cents.
In St. Louis on January 15 quotations show cash wheat at No 2 red 1.11 1 14 No 2 hard 91 95e corn No 2 60c No 2 white 62 52c oats No 2 84 36e No 2 white 35 354a wheat May 95 95c July c corn May 61 61 6c July 52 0 oats May 34c July 360
Quotations listing cash wheat prices for No 2 hard and No 2 red with basis percentages, corn for No 2 mixed and No 2 white, oats for No 2 white and No 2 mixed, plus futures close for May and July contracts across wheat corn and oats. Prices shown in cents per bushel with percent signs for color and basis.
Paul Deschanel, yesterday reelected president of the Chamber of Deputies, announces his bid for the presidency of the republic. Premier Raymond Poincare and ex Premier Felix Ribot are officially named candidates. Other figures rumored or unofficially in include Jules Paris, Antonin Dubost, Jean Dupuy, Theophile Delcasse. Deschanel warns on Balkan tensions but hopes crisis will not trigger a wider war.
San Antonio Traction Company advises boarding South Flores or Collins Garden cars toward the Sap depot as the South Alamo line runs only to the river during track improvement from the river to Sap depot. The item lists multiple dances and social notices with dates in January 1913, and local business ads.
Dr. R. R. White of Temple was elected president of the Central Texas District Medical Association and Dr. Frank Connally of Waco was re-elected secretary. The meetings will conclude this afternoon.
News from Antonio reports the death of Alice McMillan sister of H. M. Handsley in a snow storm near Fort Collins Colorado. She had traveled from Thealene to visit friends and died while returning from the post office. Search parties have been active daily but the body has not been found.
Readable fragments promote a local marketplace but the text is garbled. It mentions hams bacon and compound with a phone number two ninety two and a claim of attractive price. The overall message is unclear but advertises sale of food items.
A crude political screed argues against mail-in ballots from Chicago and Omaha urging readers to eat at home and oppose poll taxes. It frames the union meat company as the focal point of opposition and claims local voters should resist external boons.
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