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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jan 31, 1913
Page
12
Traders fear a cold southwest wave threatening the winter crop while Balkan reports support wheat gains. May contracts open higher, climb to over 93 cents, and finish steady. corn and oats firm as meager offerings and car scarcity bolster prices. Pork, lard, and ribs trade lower early but later firmness appears.
Kansas City quotes show cash wheat at No 2 hard 93 to 95 cents and No 2 red 1.01 to 1.06 while corn No 2 mixed 47 to 49 cents and No 2 white 49 cents. May futures for wheat near 87 to 89 cents and corn May 51 cents. St Louis reports cash wheat No 2 red 1.08 to 1.12 and No 2 hard 90 to 94 cents with No 2 white 50 to 54 cents. Oats quoted at 34 to 36 cents. May and July futures for wheat 89 to 90 cents and corn about 51 to 52 cents.
The Chicago market summary lists Cash wheat prices for various grades including No 2 red at 1 101.14 and No 2 hard 92 96c. No 1 northern 914% $2%c, No 2 northern 88% 89%c, No 2 spring S8989c. Velvet chaff 85 S1c, durum S6 92c. Corn No 2 yellow Sic and Oats No 2 white 36% 374%c, standard 344 %c.
January 31 report shows strong demand for gray goods used in conversion and firmer prices. Domestic fabrics were quiet while yarns softened. Carded woolen dress goods were purchased freely by jobbers for the upcoming fall season.
Al M. McFaddin president of the Texas Cattle Raisers Association travels from Austin to Victoria with Waddell Forbes and Allen as they discuss a proposed bill expanding the livestock sanitary commission. The measure would let county courts cooperate with the commission and allow bond issuance to support its work, signaling concern over South American meat competition and packer terms.
Felder and Underwood, well known Port Aransas exporters, are en route from Dallas to San Antonio to announce a $60,000 cotton compress at Port Aransas. Construction will start when ordered materials arrive, with capacity over 1500 bales daily. The Port Aransas Compress Company will operate the plant.
A large list records numerous individuals staying at San Antonio hotels including Louis Berger Dallas at the Gunter and S M Jones Houston visitors at the Savoy. Others include H E Baird Sweetwater at the Bowie and Nash Allen Brownsville at the St Anthony.
To Mr and Mrs P F Mier a girl born at San Jacinto street January 39 To Mr and Mrs Dan G Remsing a boy born January 27 643 Lombrano street To Mr and Mrs Hugo O Engelhardt a baby born January 23 114 East Cincinnati avenue To Mr and Mrs Walter Lee Roberson a boy born January 24 343ast Cincinnati avenue To Mr and Mrs James R Spradlin a boy born January 24 Los Angeles Heights
Burial permits list three individuals with ages and dates of death. Doury Ely aged 15 died January 28 at 541 South Walnut street. Louis A Martin aged 74 died January 29 at 123 Uvalde street. Louis Herman Miller aged 21 died January 29 at 1109 North Comal street.
Mrs. G. Wood files a ten room dwelling on East Washington Place for 3000 dollars. Hannibel Pianta reports a brick office building on Fredericksburg Road for 1000 dollars. W. J. Smith seeks a three room dwelling on South Olive Street for 500 dollars, Abe Cohen a three room dwelling on Zavala Street for 700 dollars. J. Chabot plans a three room dwelling on South Leona Street for 250 dollars. G. RR. bars a store building on East Crockett Street for 8000 dollars. A. FP. Liedecke files a frame dwelling on Merida Street for 100 dollars.
No. 3218-A. P. Ward at 106 W. French Place. No. 219-H. A. Anderson at 345 Broad avenue. No. 3220-J. C. Newman at 1000 Dawson. No. 3221-T. F. Ford at 605 St. Marys Street. No. 3222-J. G. McCord at St. Anthony.
Local oil men watch with interest as crude oil prices surge at refining centers. Louis Fries of Pierce-Fordyce Oil says the market is firm and higher prices may come this week. Crude up about 60 cents a barrel while refined oil lags due to ample stocks. San Antonio movers shift wholesale produce district to Tobias block area as Lee and Taft relocate. No price changes quoted by produce or grocery jobbers. business quiet across lines.
Butter and eyes prices steady with quoted ranges. Receipts for the period amount to 3453 cases and 42 cars of potatoes. Wisconsin Michigan Minnesota prices noted. poultry alive weak with turkeys at 15 cents and chickens and springers at 14 cents.
The day’s prices list Butter Creamery firsts 30 cents secondary 28 cents packing stock 20 cents Eggs Extras 25 cents firsts 24 cents seconds 18 cents Poultry Hens 12 cents roosters 8 cents young turkeys 18 cents ducks 14 cents
Poultry prices listed include chickens at 22 cents per pound and turkeys at 18 cents. Also shown are springs 13 cents, ducks 11 cents, geese 13 cents, Butter Creamery 27 34 cents, and Eggs easy at 21 percent.
Mrs John B Henderson wife of a former senator pacified authorities by agreeing to plant a replacement tree. She had supervised workers who cut down the tree blocking Sixteenth Street known as the avenue of presidents from her residence Henderson Castle. Local officers dropped arrest warrants against Henderson and moved to prosecute the laborers unless she replaces the tree.
The Beethoven Maennerchor presents a Sunday evening concert directed by Gus Gundlach at the local hall. The program is prepared for the Houston Saengerfest with potential additional features. A Big Chicken Supper tonight and an Old-Fashioned Barbecued Pig Dinner tomorrow at Riverside Restaurant. meals 25 cents.
Prices for crude oil rose at the market opening with Pennsylvania crude at 2.40 a barrel base values. Other grades listed include Mercer Black 1.93 Newcastle 1.98 Corning 1.93 and Cabell 2. Somerset and Ragland unchanged. Oil field runs average about 115 000 barrels daily with shipments around 118 000 barrels daily creating a 100 000 barrel monthly deficit. one Pittsburg firm reports a 100 percent dividend.
Galveston reports 3,170,062 bales received in the first five months of 1912-13, the highest for any five months in the port's history. January receipts reach 313,993 bales, with season exports at 2,478,244 bales and coastwise shipments 526,960 bales, all up from prior seasons.
A long list of real estate transfers dated 1912 and 1913 shows numerous lot, block, and tract purchases in areas like Edgewood, Highland Park, Los Angeles Heights, Riverside Park, Villa Rosa, and Lakeview Gardens No 1. Transactions involve buyers and sellers such as Nick Remzinski, A C Erskine, E Zander, J C Airey, Dora Stewart, W L Pridgen, J D Guinn, Harry Traylor, J H Kirkpatrick, W H Howard, Mahone, Gantt, J J Murphy, W H Booth, Hart, Jarzombek, Schutz, Alamo Heights Co, Southwestern Land Corp, Tuttle, Jennings, Alfreda Klodt, Hagelstein, and others through 1912 to 1913 with prices from 5 to 10,000 dollars and lots ranging across multiple city blocks.
Union Stock Yards, Jan. 31. Pens cleared across cattle hogs calves with meager recounts. Hog quality better than usual. supply exhausted after opening. Cattle mostly feeders or to Fort Worth. buyers say prices align with larger markets, yet cattle remain scarce. Best cows $4.50. calves up to $5.26. hogs around $7. No sheep or goats arrived by noon.
In Fort Worth Texas on Friday receipts were light with no standout features. Beef steers remained strong, cows steady, stocker cattle unchanged and calves steady. Hogs declined about six cents with top around 7.76 and bulk 7.35 to 7.60. Lambs and sheep rose up to 25 cents, lambs reaching 6.50.
Receipts for cattle 1500 with market steady to strong and varied prices. Hogs 29,000 receipts, market slow and about five cents under yesterday’s average. Sheep receipts 6000, market steady to slightly higher with native and yearling categories listed.
Cattle receipts 1000 with 200 southerns. native steers 7.00 8.75, southern steers 5.75 7.75, southern cows 3.75 6.25. Hogs receipts 7000 with market five cents lower. bulk sales 7.35 7.50, heavy 7.30 7.45. Sheep receipts 2000 with prices up ten cents. muttons 4.00 5.50, Colorado lambs 7.75 8.40, range wethers 5.00 7.50, range owes 3.25 5.00.
High English market and better spinners demand help cotton as New York opens steady with January up 11 points and other months up 2. Liverpool gains ease. Wall Street selling drags futures. Late day, softer prices reflect increased southern offers and weak spot advices from New Orleans.
Futures show steady bids for February through December with varied open high low and close figures. Prices range from around 11.56 to 13.81 with notable activity noted in January and later months.
Cotton futures opened 2 to 3 points higher on good cables and rain in the belt. Short holders covered while longs added purchases, helping the market trend up. Europe’s Balkan hopes aided sentiment though bears showed little pressure. By noon old crop quotes stood 5 to 7 points above yesterday’s final, with new crops largely quiet.
New York cotton futures opened steady with January at 12.78 and December near 11.60. Prices traced a narrow range through the session and closed slightly lower by 3 to 6 points on the day, with values quoted across multiple contracts from January to December.
Liverpool January 31. Cotton spot in fair demand and prices steady with middling at 6.844 pence and good middling 7.06. Daily sales totaled 10,000 bales including 1,000 for speculation and export and 9,300 American. Receipts 28,500 bales, including 27,500 American.
Futures opened steady and closed barely steady in Liverpool with January values around 6.6d. The report lists successive February through January contracts and mid-session official close figures, showing a narrow trading range and small daily shifts.
Spot cotton in New Orleans steadied at middling 12 7-16 cents with sales 675 and arrivals 565. Quotations list various grades from low ordinary to good middling with values from 9 ½ to 18 ¾ cents and receipts 6,422 against stock 167,004.
Cattle receipts 2500 including 1200 Texans, native beef steers 5.75 to 8.00, hogs 8000 with prices 6.00 to 7.85, sheep 12000 with muttons at 5.00 to 6.25 and lambs at 7.00. Market tone steady for cattle and sheep, hogs five cents lower.
Galveston dispatch lists arrivals yesterday including Mercator Ha vana Cayo Manzanillo Swansea and more. Cleared steamers Main Inkula Rio Jane and others, sailed Indore Cluden Saint Ursula Senator and Kineo Farrell from Port Arthur to Lavaca.
Spot cotton closed steady with no change. Quotations range from low ordinary to good middling, with latest figures showing sales of 2,282 bales and total receipts at 12,530. Stock on hand stands at 272,376 bales.
Wool steady with fine combing and clothing at 23 to 26 cents a pound, light fine 19 to 21 cents, heavy fine 13 to 18 cents, tub washed 27 to 36 cents. Report from St Louis dated January 31.
Houston window and spot market closed quiet with no sales. F.O.B. 2000 shipments 7362 stock 142529 bales. Price ranges show low ordinary 7 percent ordinary 8 percent and good middling 12 percent amid a tepid demand.
Trading in the rice market yesterday was confined to clean rice with quotations unchanged. Receipts reached 6346 clean bags and 2285 rough bags with 2222 military bags. sales included 1028 Honduras at 3 1/2 to 3 5/8 cents and 2190 Japan at 3 3/4 to 4 1/8 cents per pound.
Mrs Catherine S Allen was acquitted today in Houston Texas on an indictment charging the murder of her husband George E Allen a wholesale meat dealer.
Spot cotton in New York on January 31 closed quiet with middling uplands at 13.05 and gulf at 13.30. Sales reached 21,716 bales, reflecting steady demand in a subdued session.
Memphis cotton remains steady at middling 12 percent for spot sales. New York raw sugar ranges show Muscovado 89 test at 2.98 dollars, centrifugal 96 test at 3.48, and molasses sugar 89 test at 2.73 with refined sugar steady. Petroleum and molasses hold steady with hides steady and leather firm.
The prospectus explains that Twenty dollars of every One Hundred goes to building railroads wharves and street improvements. Three thousand two hundred fifty acres are bought with stock proceeds. No salaries beyond clerks and a sales commission exist. Each share includes two free lots in Harbor City and Ingleside. Stockholders may inspect books. half the capital is paid and profits are shared proportionally.
Evening cotton statistics show earlier season deficits and stock levels. The report compares yesterday’s stock against last week and last year to outline supply changes and ongoing shortages.
New York traders reacted to the plan to pay 32 percent preferred stock dividends with $15 million of per cent debentures. Can stock rallied then eased, with common at 46% and preferred at 12415, while Standard issues held firmer overall. Bullish activity returned then faded as debate over American Can financing unsettled the market.
Liverpool reports weekly cotton figures with imports totaling 96 000 including American imports 76 000 and stocks at 1 445 000 overall and 1 273 000 American. American forwarded 48 000 and total exports 14 100.
In Memphis prime meat on a prime basis runs at 25.25 to 25.50. Linters at 3 1/2 cents. New York Cotton Oil reports the cotton seed oil market closed easy with spot 6.2047 to 6.2047 and futures across March to September ranging 6.25 to 6.38. Total sales 10 400 with several lots traded at varying prices.
London copper holds at 68 17s 6d spot with futures at 69. Tin weak with spot 228 10s and futures 225 5s. Lead trades around 16 7s 6d and spelter at 26. Cleveland warrants quoted 65s 9 4 in London. St Louis metal desk notes lead at 4 20.
New York money market reports a steady call rate at 2 1/2 to 3 percent, with the ruling and closing bid at 2 1/2 percent and offers at 3 percent. Time loans are steady with 60 days at 3 4 percent, 90 days at 3 1/2 to 4 percent, and six months at 4 1/2 to 4 3/4 percent.
Copper holds steady with spot 15.37 and futures shown for February to May. Tin firm at 50.00 to 50.30 with variations by month. Lead quiet at 4.25 and spelter easy around 6.70. Antimony dull at Cookson's 9.75. iron unchanged and unsettled.
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