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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jul 03, 1913
Page
9
Market openings show light activity due to European developments and a coming holiday. Bonds hold steady while stocks drift slightly downward with copper shares leading losses. trading remains quiet and no lasting buying interest appears, despite a late day recovery attempt.
Remarks note rainfall of an inch or more at Lafayette Natchez Memphis Nashville Prescott Durant Wynne Corsicana Koppers and Riverside. The belt weather is fair with unsettled conditions in the north. Temperatures near normal. Allen Buell local forecaster Weather Bureau.
Money on call remained steady at 1144 2 per cent as the ruling rate. Closing bid at 1% per cent and offers at 2 per cent. Time loans eased with 60 days at 2% 3 per cent, 90 days at 3% per cent, and six months at 5 1 2 per cent.
Prime mercantile paper 6 percent. Sterling exchange strong with actual business in bankers' bills at 483.10 for 60 day bills and 4.87 for demand. Commercial bills 4.82 percent. Bar silver 58 4 cents. Mexican dollars 48 cents. Government bonds weak, railroad bonds irregular.
Copper remains quiet with spot at 63 pounds 15s and futures at 64 pounds. Tin eases with spot 188 pounds 10s and futures 189 pounds. Spelter and lead quoted at 20 pounds 15s and 19 pounds 7s 6d respectively. Cleveland warrants noted as 558 7%d.
Raw sugar firm with Centrifugal 3.48 and Muscovado 2.98 while molasses sugar sits at 2.78. Petroleum holds steady and molasses quiet. Hides and leather remain quiet and firm in the market update.
The note lists pricing figures for spelling zinc and spelter in St Louis with figures around 14.22 to 5.20, indicating metal market values and daily variation.
Ed C. Lasater of Falfurrias, former Texas Cattlemen's Association president, visiting the city on business, says widespread rains have left crops in splendid condition and he predicts unprecedented prosperity for Texas in the coming year.
Patrick Quinlan, an IWW leader, is sentenced in Paterson to 2 to 7 years in state prison and a $500 fine for inciting riot among striking mill workers. The report notes Aden's salt, cigarette, and fishing industries, with Shaikh Othman as a center for salt production.
New Orleans on July 3 reports mixed receipts and sales with rough and clean categories. Totals include rough 361, clean none for millers 861. sales list perishable goods with rough Honduras 250, Japan 400, clean Honduras 41% Ke, Jap 84%.
ST LOUIS July 3 Poultry prices list chickens 12c spring 20c turkeys 11c ducks 14c Reese 100 Butter Creamery 26c Eggs 12 1 2 c
The July market notes firm coarse yarns and weak fine yarns with light weight bur laps for spring delivery higher. Jobbers report strong demand for immediate delivery in light weight wash fabrics.
New York July 3. Coffee futures held steady with No 7 Rio 914 price and contracts for September at 9.41 and December at 9.62.
A long list of property transfers dated 1910s to 1918 shows J A and M McCarthy selling to J A Ressler for 600, W A Baity selling to Ward for 1913, J R Sanford selling to Hildebrand for 16800, and multiple other deeds. Entries include lot and block numbers, street bounds, and prices, with sheriff transfers and townsite company dealings. A closing note mentions a Washington inventor patenting a perforated palm for a baseball mitt to enhance strength and flexibility.
Bagging makers announce 90 cents per pattern delivered at Texas common points with 60 day delay to curb speculation. They cap orders per jobber to prevent farmer hold ups as 1913 crop area expands to 35,622,000 acres. Sugar reaches 5 dollars wholesale as prices rise. coffee weak. tea modestly higher. eggs at 19 cents wholesale and 25 cents to consumers. meat list steady. Weather hot but prices unlikely to drop. public should note uptrend may end.
A historical list of wholesale market prices covers eggs fresh country candied at 17 to 18 cents per dozen, large hens five dollars per dozen, medium hens four ninety to four fifty, friers three to four fifty, broilers one twenty five to two sixty, turkeys twelve to fourteen cents per pound, and cheese at seventeen to eighteen cents per pound. It lists vegetables and fruits with regional price ranges for tomatoes onions potatoes sweet potatoes cabbage lettuce and more, plus fruits like apples oranges lemons peaches limes bananas and nectarines with box or crate pricing and per hundredweight or per dozen figures. The record reflects varied regional values across Texas California Idaho and Louisiana markets.
The San Antonio School Board approves building permits for a frame building on Main Avenue and Lopez Street at $1000 each, South Pecos Street $1000, Marshall Street $1000, and North Hackberry Street $1000. C. W. Hafer files a 5 room dwelling on Corpus Christi Road for $1600, Mrs. F Heubner a 3 room dwelling on South Mesquite Street for $650.
License numbers 8792 to 3795 issued for Ford and Interstate makes. Terrell Bell Hy man at Central Trust building. 3793 Ford to E J Tate at 632 Van Ness. 3794 Interstate to E N Templeton at 2417 Main. 3795 Ford to W O Learn at 715 West Commerce.
Welson Thomson and Matilda Schier, Daniel Tyson Layton and Ollie Irene Henery, Miguel T Cassanova and Isabella T Cleveland Roy, Williams and Elise Elizabeth Basse, H E Plummer and Mary Lou Russell were issued licenses in the latest notices.
The Department of Agriculture reports 39,622,000 acres planted to cotton in 1913, up 56,000 from May estimates, with crop condition improving 2.7 percent since May 25. Increases occur in Alabama Mississippi Louisiana Tennessee Arkansas Missouri Oklahoma and Virginia as overall area and condition suggest a larger 1913 crop.
Butter and eyes remain steady with receipts at 10 143 cases. Potatoes hold at 50 cars and Kansas City new spuds show weakness. Kaw Valley at 50 cents while Oklahoma and Arkansas bring 58 to 65 cents. Poultry prices steady for fowls and turkeys. St Louis and regional crops range 60 to 79 cents per barrel for Arkansas and Oklahoma Triumphs. Virginia Cobblers priced at 1.75 to 2.00 per barrel. home grown variants 55 to 60 cents.
Kansas City reports butter eggs and poultry unchanged as market notes in New York on July 3 list eggs irregular but unchanged with receipts totaling 17 199 cases and no change in prices across the board.
July 3 report from Union Stock Yards notes hot weather curbing demand but supply remains tight as buyers push prices up. Hog prices ranged from eight to eight ninety five, with cattle from four fifty to five dollars and calves near six dollars. no sheep offered. Fort Worth and northern markets echoed gains with hogs near nine dollars.
Meager yarding across all cattle divisions in Fort Worth due to a holiday. Steers ranged 4.90 to 6.00, cows 4.25 to 5.25, bulls 4.2 to 5.25, calves 4.50 to 5.20. Hog arrivals 650 sold on higher bids, quality down from Wednesday, sheep about 500 cleared at steady prices.
Receipts 13000 hogs with a strong market. Bulk sold 8.80 to 8.95, light 8.70 to 9.02, mixed 8.60 to 8.95, heavy 8.40 to 8.95, rough 8.40 to 8.60, pigs 7.00 to 8.75. Cattle receipts 6000, market slow. beeves 7.10 to 8.85, Texas steers 6.90 to 8.10, stockers 5.75 to 8.00, cows 3.90 to 8.25, calves 6.50 to 9.50. Sheep receipts 13000, market steady. natives 4.59 to 5.30, yearlings 5.40 to 6.65, lambs 7.50 to 7.80.
Cattle receipts 1500 including 600 Texans with steady trade. Native beef steers 5.75 to 8.75, Texas steers 6.25 to 8.50, Texas cows and heifers 4.25 to 6.50, calves in carload lots 5.00 to 6.50. Hogs receipts 7500 with higher prices, lights 7.00 to 8.90, good heavy 8.50 to 9.00. Sheep receipts 1700 steady, native muttons 4.00 to 4.25, lambs 5.00 to 6.00, spring lambs 7.25 to 7.50.
Hogs receipts 4000 higher with bulk 8.75 to 8.85. heavy 8.75 to 8.80. light 8.75 to 8.85. pigs 7.76 to 8.00. Cattle receipts 600 including 300 southerns, steady. prime fed steers 8.25 to 8.65. dressed beef steers 7.25 to 8.25. southern cows 4.75 to 5.75. heifers 6.25 to 8.60. Sheep receipts 2000 higher. lambs 5.75 to 7.25. yearlings 4.76 to 5.75. wethers 4.25 to 5.00. ewes 3.50 to 4.35. Ad seeks range cattle or herd of steers for sale. contact 746 Light.
The New York cotton market opened steady then slipped two to three points amid renewed covering and selling from Liverpool and New Orleans. Prices fell sharply after the government crop report before a modest rally on covering, with new crop months dropping about 15 points as the 81.8 condition reading exceeded expectations.
Reports to the comptroller of the currency show June 4 condition figures with loans down $35,068,240 from April 4 but up $189,123,701 since June 14, 1912. Cash rose $25,698,904 since April 4 while deposits fell $15,325,498. total bank resources fell $45,055,000 from April 4 with regional declines in the South led by loans down $180,702 and deposits down $19,605,235.
Chicago and Kansas City columns report higher open for wheat with September at 90% and gains in corn and oats. Provisions strengthen with hogs. export talk supports the upturn, but close weak at 96% for September. Kansas City quotes No 2 hard wheat at 87% 89e and corn 60% 61c.
Cotton futures in New Orleans opened steady with little early movement as weather maps remained favorable and rains boosted some regions. Traders awaited bureau reports showing area plantings at 35.6 million acres and a June 26 condition of 81.8, which spurred a late-day drop in new crop months before profits trimmed losses by noon.
Cotton futures opened steady in New Orleans with July at 12.16 and December near 11.50. Prices listed show mixed bids for August October November and January, with a net early decline of 2 to 6 points and various near term quotes across contracts.
Liverpool July 3. Cotton spot steady with good business done. Quotations: Good middling 6 98d, Middling fair 7.824, Low middling 6 56d, Ordinary 5 744d. Sales 10,000 bales including 9,600 American and 1,000 for speculation and export. Receipts 17,000 bales including 9,300 American.
Liverpool July 3 futures markets show near steady closes across the curve with July at 6.444 and several forward months quoted around 6.38 to 6.12, including July-August 6.438d and Jan-Feb 6.12%4d.
Leading spot markets list current middling prices: New York 12.35 cents, New Orleans 12 cents, Houston 123 to 16 cents, Galveston 12 cents, Liverpool 6.74 pence per pound. Market snapshot reflects cross Atlantic trading levels.
New Orleans on July 3 reports spot cot ton quiet and unchanged with middling at 12 1 2 percent. Sales total 118 bales to arrive 164. Receipts 1479, stock 40,764, various classifications listed with nominal prices and percentages.
Galveston July 3 spot cotton closed quiet with prices near down. Quotations ranged from low ordinary to good middling with sales listed. receipts totaled 1 231 bales and stocks 46 907 bales as holiday observed tomorrow.
The spot market in Houston closed steady and unchanged on July 3. Sales were 879, shipments 870 bales, and stock held at 43,719 bales. Trading paused until Monday due to the holiday.
New York on July 3 reports cotton spot markets quiet with middling uplands at 12.35 and middling gulf at 12.60. Sales totaled 4355 bales.
Spot cotton in Memphis remains steady at middling 12 1/2 cents per pound. A new rapid telegraph system operates between Nice and Boulogne, sending messages on sensitized paper via light beams.
Liverpool reports the cotton exchange remains open until 6 p m to receive the American Department of Agriculture report on the condition of the U S cotton crop.
Galveston reports arrivals by steamers Belvernon Guatemal El Alba and others with New York as port of call. Clearances issued for Harry T Ingram Port Limon El Norte and New York. Concho sailed to New York. Bremen Potsdam Rotter am and France list arrivals at Havre Glasgow and Philadelphia.
July 3 Memphis market note shows prime basis at 4 $7.03 04 per hundredweight meal at 28.50 75 and linters at 24 percent crude.
Spot prices range from 8.40 to 8.75 with new buys and sales detailed. July to February contracts show fluctuating quotes and batch sales, including 100 and 300 lots, plus a total 7700 units traded between the third and fourth calls.
Copper prices quoted for different months and forms with values around 13.87 to 15.00 per unit. Tin and lead also listed with spot and forward prices. A brief note mentions Spain's irrigation history with its first canal begun in 1814.
Cash wheat prices show No 2 red 87 to 88 cents and No 2 hard 88 to 93 cents. Corn No 2 64 cents and No 2 white 5 cents, oats No 2 40 cents and No 2 white 4 cents. Nearby and deferred futures details included with July and September contracts. Receipts yesterday counted 36 000 bushels of wheat and 29 000 of corn and 19 000 of oats. shipments totaled 20 900 wheat, 84 000 corn, and 21 090 oats along with flour volumes.
Cash grain quotations from Chicago list No 2 red wheat 93 to 96 cents No 2 hard 91 92 cents No 1 northern 93 95 cents No 2 north 93 95 cents No 2 northern sewer chaff 90 94 cents durum 90 95 cents Corn No 2 62 63 cents No 2 white 64 cents No 2 yellow 62 63 cents Oats No 2 white 43 40 cents standard 41 2 3 cents
To Mr and Mrs E Montez a boy born July at Guadalupe street. To Mr and Mrs C Pena a boy born July 1 988 at 8 Laredo street. To Mr and Mrs B Lopes a boy born Tune 28 102 W Houston street.
Burial permits show multiple deaths with ages and locations including Mrs. Bessie Peters 22 from Santa Rosa Hospital Otto Co Meuseback 58 died July 1 Aransas Street John Housman 60 died June 29 Frederick W. Dietert 64 died July 1 N Santa Rosa Avenue P Clark 29 died July 1 San Juan Road Jesse Cobb 61 died July 1 San Celestiano Gonzales Garcia 35 died July 3 160 El Paso Street.
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