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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jan 23, 1913
Page
9
The rail and grain markets show a downturn as demand slips and weather reports trigger cautious trading. Wheat futures fell from highs, corn slid on Argentine rain worries, and oats and provisions weakened with hogs softening. Chicago and St. Louis cash quotes reflect firmer wheat but broad declines in nearby contracts.
Quotations were reported for cash wheat with prices ranging across grades including red and white varieties. The notes indicate bids and terms across northern soft and velvet chaff classifications, reflecting a varied but unspecified market snapshot.
The twenty third council of the Union of American Hebrew Congregations held sessions in Cincinnati Ohio January 23. Dr Kohler presented a report on Hebrew Union College noting 75 students 11 faculty and 126 graduates now serving pulpits in the U S Canada and England. The dedication of the college buildings occurred with over 150000 pledged for its first year.
Disorderly elements in Kien province grow formidable, authorities struggle to curb them. Near Hinghwa traffic is disrupted with only strong bands allowed on main roads, hindering travel and commerce.
D. J. Woodward remodels on West Mormomherce street for 850 dollars. J. Herrera constructs a 3 room dwelling on Grace Sereet for 475 dollars. Wm. L. Payne adds 11 rooms on Chicago Boulevard for 100 dollars. PAY YOUR POLL TAX.
A San Antonio board of trade report cites a federal state campaign against fever ticks since 1906. The released area totals 164,896 square miles with 4.5 million inspections and 160 thousand dipings, boosting cattle value and land prices despite annual losses estimated at 40 to 106 million dollars.
A series of property transfers and lot sales are recorded, naming buyers and sellers such as J. T. Fletcher, C. B. Parchman, Myrtle Hurley, Rafael Herrera, A. J. Milheiser, and others. Transactions involve blocks and lots in new city blocks, missions burial park, and various additions with prices ranging from $400 to $2976.
The southern lines of flannelettes rise 4 to 5 cents per yard compared with last year. Gingham prices advance six and one half cents per yard and tickings up eighteen and a half cents. An auction sale of laces and embroideries drew many retailers. In men’s wear circles concern grows over the garment workers’ strike status.
New York issued license numbers for residents and businesses including John H. Cunningham and Mrs. Frank Grice. In market news raw sugar remains steady with Muscovado at 2.89 cents per pound refined and petroleum products steady as traders note firmness in hides and leather markets.
Another ten cents shave lowers wholesale sugar to 6.10 per hundredweight, the season’s low water mark. Cuba’s crop prospects and light demand pressure prices. refiners cut to stimulate demand while beet sugar stocks remain heavy. Meat quotes ease with bacon and ham down, lard mixed, yet overall city meat demand described as the largest of the season.
Texas ginners handled 4,509,335 bales less cotton than the previous period ending in Texas. The report notes a substantial drop in cotton movement affecting ginner operations across the state. Factors cited include market demand and weather conditions impacting harvests and processing timelines.
Galveston reports arrivals including El Sud from New York and Delvernon from Nov, plus Port Simon from Jan 15 and Main from Pensacola Jan 20. Cleared vessels include Ormiston and Hillgrade, while Sturton and Glenarm Head sailed to Liverpool and Belfast respectively.
Union Stock Yards report shows minimal buyer interest with steady quotations. Total receipts 150 head including 7 cattle 59 calves and 30 hogs. cows 4.50 calves 6.25 hogs 7.00. Rain improves outlook but consignments remain light and demand weak overall.
Fort Worth TX January market notes cattle steady overall with fair to medium quality. beef steers slow to steady, feeders steady, cows steady, yearlings around 7.10, calves 4.50 to 7.60. Hogs about steady despite poor recent quality with prices around 60. Sheep about 185 head sold on a steady market. Receipts: cattle 606, calves 1000, hogs 866, sheep 185.
Receipts total 60,060 cattle with slow steady trade and prices from Reeves 4.00 to 9.15, Texas steers 4.70 to 6.70, western steers 5.40 to 7.20, stockers 4.90 to 7.65, cows and heifers 2.70 to 7.86, calves 7.00 to 10.87. Hog receipts 84,600 with market slow to five cents lower. light 7.15 to 7.86, mixed 7.20 to 7.50, heavy 7.60 to 7.50, power 7.00 to 7.15, pigs 5.75 to 7.80, bulk 7.40 to 7.45. Sheep receipts 17,000 with market weak to 15?6 lower. natives 4.56 to 6.35, western 5.00 to 6.36, yearlings 6.40 to 8.85, lambs native 7.00 to 9.20, western 7.00 to 9.?
Receipts total 4500 cattle including 1000 southern steers. Cattle steady with native steers 6.00 to 8.25, southern steers 5.60 to 7.55, cows and heifers 3.76 to 4.25. Hog receipts 11,000 with market weak to 6 cents lower. bulk 7.26 to 7.37, heavy 7.40 to 7.80, packers 7.25 to 7.87, pigs 6.00 to 6.75. Sheep receipts 6000 with market steady. muttons 4.50 to 6.75, lambs 7.80 to 8.75, yearlings 6.00 to 7.60.
Cattle receipts 2300 including 1600 Texans with steady market. Native beef steers 5.00 to 9.25, Texas Oklahoma steers 5.50 to 7.49, cows and heifers 3.65 to 6.00, calves 5.00 to 6.50. Hogs receipts 12,000 with steady market. pigs and lights 6.50 to 7.55, mixed and poceners 7.35 to 7.50, good heavy 7.45. Sheep receipts 1800 steady. ewes or muttons 5.00 to 6.50, lambs 9.00.
London on copper, tin, lead and spelter show steady pricing with spot and futures values in pounds sterling. New York coffee futures for Rio No 7 rise and fall with March at 15.24 and May at 13.48 dollars per bag.
Bureau report signals continued bearish pressure across cotton markets with declines in New York and New Orleans. Early trading showed steady reopen and modest gains on Liverpool firmness, but selling intensified as spots rose and Memphis offered more, leaving active old crop months lower by afternoon.
New York cotton futures opened steady with July and December near 12.08 and 11.42 respectively. The report lists multiple month prices from January through October and notes a closing steady but lower session, reflecting modest declines across the board.
Cotton futures in New Orleans opened steady and near yesterday's close. The census ginning report for the period to January 16 put last‑period ginnings at about 184000 bales. By midmorning the market eased with old crop months 16 to 18 points below yesterday, while Russian spinners showed renewed interest lifting prices briefly.
New Orleans cotton futures opened steady with January at 12.37 3/9, February 12.32 3/4, March 12.82, May 12.30 8, July 12.38. Close showed a slight decline of 15 to 26 points across contracts with mixed price action at session end.
Spot cotton in Liverpool shows firm prices with American middling fair at 7.43 pence and middling grades around 6.89 pence. Daily sales reach 8000 bales with 7100 American and 800 for speculation and export, while receipts total 20000 bales incl 17600 American.
Futures opened steady and closed barely steady with a sequence of forward contracts quoted in percent across months from January to February. The table shows minor fluctuations with ratios around 6.1 to 6.7 percent for various near and distant maturities.
Prime basis oil at Memphis 5.20. Cotton seed meal and linters listed. New York closes easy with spot at 6.20 and multiple bids and sales through July. Total sales 9700, with prices ranging 6.10 to 6.28 and June/July activity noted.
New Orleans reports rough Honduras rice firm with other grades stable. Quotations listed and receipts and sales show Rough Honduras, clean Honduras and Japan rice moving at various bids. St Louis notes steady wool prices with medium to heavy fin es and tub washed grades in a narrow range.
Burial permits issued for Theresa Boyle 62, Besse Mayers 26, Frank Strasser 86, Josefa Rodriguez 26, Gerbacio de Leon 3 months, and Mary Kuentz 58 with respective street addresses and death dates January 21 or 22 in local area records.
Official preliminary estimates show Germany's 1912 trade rising with imports reaching 2.673 billion dollars and exports totaling 2.222 billion dollars. Gains over 1911 amount to 146.6 million on imports and 197 million on exports.
To Mr and Mrs A H Lopez a boy and a girl were born in January at Lakeview Avenue. To Mr and Mrs R C Hernandez a boy born November 21 at Leopold Street. To Mr and Mrs John Hacknew a boy born January 19 at Capitol Avenue.
New York Jan 23 domestic cotton goods trade remained steady with signs of rising demand in colored yarn fabrics. Reported business was satisfactory for retailers and mills as prices and demand showed resilience.
New York coffee futures posted firm action on January 23 with No 7 grade at 13 percent range. March futures reached 13.20 dollars per bag and May contracts moved higher as the market absorbed demand signals and weather worries.
Kansas City exchange report dated Jan 22 lists cash wheat quotes: hard 87% 96%c, No 2 red $1.06 1.09%, No 2 mixed 49¢, No 2 white 49% ec. Oats No 2 white 84% 85%c, No 2 mixed 344 %c. Close: May wheat 88c, July 85% %c. Corn May 52 %c, July 52% %e. Oats May 35% %e.
New Orleans on June 23 reports steady spot cotton with middling at 12 1 4 cents. Quotations list several grades from low ordinary to strict middling with numerous fixed values and receipts totaling 18 899 bales and stocks at 157 959 bales.
Spot cotton closed easy down with varying grades listed. Prices ranged from low ordinary to mid lifting grades. Receipts showed 8166 bales with overall market activity noted for the day.
The Houston spot market closed steady with slight declines across grades. Sales totaled 1360 bales with shipments of 5694 bales and stock reaching 148,344 bales. Prices ranged from low ordinary to middling fair with fractional cents shown for each grade.
The cotton market in New York opened quiet with middling uplands at 12.85 dollars and middling gulf at 13.10 dollars per bale. Sales reached 1700 bales.
MEMPHIS TENN Jan 23 Spot cotton steady middling 12 ¾ cents Butter steady Creameries 24 33 1/3¢ Eggs easy Receipts 5684 cases Fresh Eggs first grade 22 ½ cents Refrigerated 164 ½ cents Potatoes steady Receipts 20 cars Michigan 47 60c Minnesota 45 48c Wisconsin 44 48c Poultry steady Dressed turkeys 22c chickens alive 18 0 springs alive 13c
Kansas City quotations show Ritter Creamery at 23 1/2 cents for firsts 30 cents for seconds 28 1/2 cents for packing stock 21 cents. Eggs list extras 24 cents firsts 22 1/2 cents seconds. Poultry prices include hens 12 1/2 cents roosters 8 cents young turkeys 18 cents ducks 13 1/4 cents.
In St Louis on January 2 1923 prices listed for poultry include chickens at 12 cents, red springs at 12 cents, turkeys at 16 cents, geese at 21 cents, and Butter Creamery at 25 to 33 cents. Eggs are 21 cents.
New York on January 23 reports steady inquiries as eyes stay fixed on price moves while receipts total 12 555 cases. Market activity shows persistent demand across several produce lines with traders watching for gains amid steady supply.
Plans for Fiesta San Jacinto include daily city flights by Little School of Aviation, a New York water circus hippodrome act, and possible auto races. San Antonio organizers seek to secure like attractions for the festival period, arranging logistics and negotiating with performers.
General Frederick Funston, commander of the Department of Luzon, warns that worn out cavalry horses and inefficient Filipino teamsters could threaten American success if a campaign extends to China or the Philippines. He spoke from Washington on January 23.
The Rodriguez murder trial of Jose Rivera's slaying has been appealed. Jose Rodrigues remains free on bond while the appeal proceeds. he was convicted at the latest district court term and received a five year penitentiary sentence.
Trading opened active with Steel Union Pacific and Amalgamated Copper leading losses. Steel fell about 2 points amid revelations from dissolution proceedings and a former president's statements on a rail pool, weighing on the market before broad losses recovered modestly.
New York January 23 market report shows prime mercantile paper at 444 5 per cent, exchange firm with bankers' bills at 4.83 3/4 for 60 day bills and 4.87 3/4 for demand. Commercial bills quoted at 4.83, silver at 62 1/2 cents, Mexican dollars 49 cents. Government bonds steady though railroad bonds irregular.
New York reports money on call steady at 2 to 2 1/2 percent with bids around 2 1/2 percent. Ruling rate 2 percent and short term loans show time loans weaker with 60 days at 3 percent, 90 days near 3 1/2 percent, six months at 4 1/4 percent.
New York reports show copper firm with spot and near contracts at 15.62 to 16.12, electrolytic at 16.50, lake and castings around 16.00 to 16.75. Tin softens with spot 50.00 to 50.25 and February 49.75 to 50. Marche values, lead steady at 4.25 to 4.38, spelter weak at 7.00 to 7.15, antimony quiet with Cookson’s 9.75 to 10.00, iron unsettled and unchanged.
ST LOUIS METAL announces lead at 4.20 and spelter at 7.05 as of January 23, with a reminder to pay your poll tax.
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