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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jul 12, 1913
Page
7
U S stocks ended steady with few strong moves as foreign political news and trade signals supported gains. Rail bonds held a steady tone while government and municipal issues remained heavy. Canadian Pacific rose two points and Bethlehem Steel gained one with limited trading and scarce supply.
For the 24 hours ending 8 a.m. 75th meridian time the belt reports fair weather and above normal temperatures. Rainfall of an inch or more occurred at Goodwater Gainesville Lafayette Calico Rock Wynne Hazlehurst Lake Arlington Bolivar Memphis Brownsville Milan Covington Hernando Holly Springs Nashville Livingston. Allen Buell Local Forecaster Weather Bureau.
Heat in Rosenfield's South Main street shop distorts and dissolves wax figures in a late Sunday display. An all-nighter laughs at ruined features as policemen inspect the window and note a fading beauty. Separate note: importation of docked horses into the Philippine Islands has been prohibited by law.
In Beaumont Texas the first sack of gulf coast rice sold locally marks a historic shift with a Texas miller purchasing the inaugural bag. The 189 pound sack, grading A number one, was sold for 25 dollars and originated from new crop domestic Japan. Bert Stansel of Gueydah Louisiana owned the sack.
Readable observations record a morning weather snapshot from Saturday July 12 1913. The note lists atmospheric conditions, temperature, wind, and possibly barometric readings as observed at 8 a m. in a local area.
New York on July 12 reports Begs irregular and unchanged receipts totaling 13,263 cases with little movement in overall trading.
New York July 12 cotton goods markets show steady prices with trade of moderate proportions. All wool markets remain quiet. Jobbers report good demand for spot merchandise of staple character. Yarns steady but quiet.
In New York on July 12 coffee No. 7 Rio settled with futures steady. September at 8.87 dollars and December at 8.97 dollars, providing a stable price outlook for the near term.
Kansas City market notes show butter and eggs unchanged with poultry higher for alive stock. Chicago reports eggs steady with 17 1711 cases receipts and potatoes steady. St Louis metal prices list lead at 4.20 and spelter at 5.20 with poultry quotes for chickens springs turkeys and ducks and butter at creamery 26. Eggs are lic.
Cash wheat and corn futures listed with multiple grades and bid ranges. Prices show No 2 red at 864c, No 2 hard near 87 88c, No 2 Northern 91 92c, No 2 spring 90 91c, velvet chaff 88 92c, durum 85 9c, corn No 2 at 60 64c, No 2 white 61c, No 2 yellow 60 44c, oats standard 40 41c.
Galveston July 12 reports arrival of the San Jacinto from New York and the F. J. Luckenbach Baltimore aground off the bar. Cleared vessels include Steamers Hans B Tampa Cassel Bremen. Sailed ships include Rodhemo Rotorterdam Mount Vernon Barriso Origen Port Simon Russian Prince and a Tampico tank bound voyage.
New Orleans reports good demand for Honduras rice and fair demand for Japan rice with steady clean rice. Quoted rough Honduras 2.50 to 4.30 and Japan 2.00 to 38.26, clean Honduras 44 5 C and Japan 3 3 cents per unit. Receipts show rough and millers at 3152 and clean 444. Sales include 1600 tons of clean Japan. Paris underground railways now carry over four hundred million passengers annually.
Precipitation yesterday was none with a normal day total of .06 inches. Daily deficiency stands at .06 inches. Total precipitation since Jan 1 amounts to 11.80 inches with a Jan 1 deficiency of 4.02 inches.
Big pink cheek Alberta peaches from East Texas arrive on the wholesale row and sell for 1.15 dollars per four-basket crate. Demand for cotton seed meal remains strong while cotton oil and meal orders extend into next season. Peach season is expected to last only 10 to 15 more days.
Visible supply and weekly takings figures outline the cotton market for the week ending Friday. Data include ginning totals to various dates, acreage, crop condition by month, and New Orleans market notes.
New York reports a quiet cotton market with brokers away for the weekend. Prices opened 2 to 3 points higher on scattered covering but showed little movement thereafter. Weekly crop outlook reviews are generally favorable, weather improvement over Sunday boosts sentiment, and the old crop remains firm despite limited selling.
A Pentecostal baptism is set for tomorrow at 3 30 at the Josephine Street bridge. Community events include meetings at I O O F hall and dances at Exposition Park with Diaz Sisters providing music. Public notices cover audits, public offices, alimony suits, barbecues, and election preparations among San Antonio groups and officials.
Prices show July at 12.02 bid and August at 12.06 as the market starts the session. Close values reflect a steady tone across contracts with late readings around 11.30 to 11.84 for several months.
Readable OCR lists wholesale to retail prices across categories. Includes eggs 17-18¢ per dozen, poultry prices from $3 to $5 per dozen, cheeses and butters, vegetables like tomatoes onions cabbage and lettuce with regional figures, fruits including apples grapes oranges lemons and bananas, dried goods like rice syrup molasses nuts and canned meats with varied pack sizes and case prices. Names of items and units vary, reflecting a busy mid century market page.
Plentiful northwest moisture and weak export demand pressure wheat while corn and oats retreat on favorable weather and selling. Hog market supports provisions with first sales near last night levels and pork, lard, ribs prices listed. futures show mixed moves with September contracts near prior levels and ongoing long liquidation.
Fort Worth cattle market saw strong demand with all classes sold on first rounds. Fair to medium grade steady, white choice steers up 15 to 25 cents. Receipts 1500 cattle and 150 calves, chiefly Mexican stock. good steers $7.60, Mexican consignments $4.00 to $6.25, Mexican cows $3.60 to $4.50, bulls $4.00 to $4.40, calves $8.25 to $5.50. Hogs only two cars, nominal. sheep market reported inactive.
Quotations today show cash wheat and corn prices with bid ranges for No 2 hard and No 2 red wheat and mixed and white corn. Oats prices listed, with futures leads for July September and December. Receipts yesterday include 28000 wheat, 12000 corn, 6900 oats. shipments recorded 72000 wheat, 87000 corn, 3000 oats.
The report lists wheat at No 2 red 84 8 5 percent, No 2 hard 87 92 percent, corn No 2 62 cents, No 2 white 64 244 cents, oats No 2 89 percent, No 2 white 40 percent. July and September futures for wheat corn and oats shown. Receipts: flour 6000 barrels, wheat 145000 bushels, corn 28000, oats 49000. plus a personal note about Dora and bereavement.
Kansas City market today shows hog receipts at 12 000 with prices mainly 8 85 to 8 90 for all hog categories pigs 7 75 to 8 60. Cattle receipts 600 with strong to steady prices prime fed steers 4 80 to 8 50 dressed beef steers 7 25 to 7 35 southern steers 5 75 to 8 00 cows 4 25 to 7 00 heifers 4 25 to 8 66. Sheep receipts 3000 and market strong lambs 6 25 to 8 00 yearlings 5 00 to 6 00 wethers 4 50 to 6 26 ewes 3 75 to 4 35.
Receipts total 400 cattle including 190 Texas cattle with steady prices. Native beef steers 5.50 to 8.75, cows and heifers 4.75 to 8.00, Texas and Oklahoma steers 6.25 to 8.10, cows and heifers 4.25 to 6.50, calves in carload lots 5.00 to 6.50. Hog receipts 1500 with higher market. pigs and lights 7.25 to 9.25, good heavy 9.10 to 9.20. Sheep receipts 500 with steady market. native muttons 3.75 to 4.25, lambs 6.50 to 8.50.
Chicago market report shows 6000 hogs sold with price ranges from 8.50 to 9.10 for various hog classes and 200 cattle received with steady demand led by beeves at 7.25 to 9.10. Sheep volumes reach 9000 with a weak market and native lambs priced around 6.20 to 8.25 as yearlings and other sheep trends noted.
Memphis price markers list prime basis values for cotton seed products with meal and linters, while New York Cotton Oil reports a steady market with spot and future prices across August to February. The piece also includes a humor line about a husband and stenographer.
Cotton futures in New Orleans opened hinting toward stability with modest covering by shorts over the weekend. The most active months showed a 1 to 2 point gain, while weather conditions remained favorable. The market touched a one point decline by mid-morning before recovering slightly as shorts again covered. A second bale of the new crop, shipped from San Benito Texas to New Orleans, sold middling with inch and one eighth staple at 1 1/8 cents per pound.
New Orleans traders saw July 12.40 bid while August to March futures listed around 11.46 to 11.66. Closing quotes showed a steady mood with slight gains on some contracts, marking a muted session after yesterday's moves.
New York middling 12.30 and New Orleans 12 7-16 lead the day alongside Houston 12 8-16 and Galveston 12 5-16. Liverpool shows holiday status while Memphis reports middling at 12 percent.
New Orleans on July 12 reports spot cot ton quiet and unchanged with middling price at 12 7-16. Sales on the spot total 165 bales with no arrivals. receipts 235 bales and stock at 35,673 bales. Various grades listed with nominal values from 9 1-16 to 13 15-16 cents.
Spot cotton in Memphis remains steady at middling 12 3/4 cents while New York spot quotes noon values at 12.30 cents for uplands and 12.55 cents for gulf with no sales reported.
Prime mercantile paper yields 6 percent. Sterling exchange is heavy with actual business in bankers bills at 488 for 60 day bills and 486.75 for demand. Commercial bills at 482. Bar silver at 58 3 4 cents. Mexican dollars at 47 cents. Government bonds weak while railroad bonds show steadiness.
New York reports money on call nominal with time loans firm. Sixty days at 8 3 percent, ninety days at 4 4 percent, six months at 6 percent.
The weekly statement shows clearing house banks and trust companies in New York hold $19,414,800 in excess reserves above legal requirements, a drop of $541,400 from the prior week.
A Greenwich Connecticut project by Mrs Clifford Harmon wife of a wealthy aviator and daughter of Commodore Benedict breaks ground on a $156000 cat estate for 28 cats and 25 kittens. The facility includes 19 rooms for cat families a cottage for a cat expert and janitor services with special access for household heads. An earlier note mentions a large historic canal project in the Grand Coulee region.
A prowler was seen in the yard at Regina street area around 12:45 PM prompting a police response. Mounted officer Rupe investigated but found no suspect. Local youths dwell on interfering with fig or hard patches and cane fields, causing police runs.
Market summary from New York on July 12 records molasses price points and trading activity. The report notes price levels around 2.32 and includes references to petroleum related interest in the market.
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