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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jun 12, 1913
Page
9
June 12 New York traders sent prices higher led by steel and rail issues. Secretary McAdoo’s currency issuance pledge reassured bulls, with bears covering and broad gains across major issues though some skepticism lingered about the rally’s durability.
The Cotton Region Bulletin reports the belt is generally fair with temperatures below normal. Allen Buell, local forecaster for the Weather Bureau, notes the last hours minimum temperature and clarifies it is not used in Houston district averages.
In York on June 12 money on call stood at 2 percent with the ruling rate at 24 percent. Closing bids showed 2 per 90 days four percent five percent. Six line loans remained strong with 60 days at 4 4 percent and 6 percent.
Burial permits list Braham 60 died June 11 at County Hospital Isel V. Murchison 74 died June 11 at Bexar County Hospital Mary B. Ellis 74 died June 11 at W Agarita avenue Eda Biering 32 died June 10 at W Presa street
New Orleans on June 12 reports rice values with rough at 2287 and clean 931, millers 27. Sales list rough none and clean Honduras 318 at 4 3 percent, Japan 1800 at 2 3 percent. Quotations show rough nominal and clean Honduras 4 5 percent, Japan 3 percent.
The New York cotton goods markets are steady but quiet on June 12 as knit goods salesmen report jobbers slow in place business. Worsted yarns show steadier demand and cotton yarns hold firmer prices.
The London metal market closes with copper firm at 65 pounds 10s spot and 65 pounds 16s futures, tin strong at 208 pounds spot and futures, lead at 20 pounds 5s, spelter at 22 pounds 15s, and Cleveland warrants at 54s 10.
Copper futures and spot prices show firm to steady levels with several contracts listed for June July and August. Lead holds around 4.80 while antimony and spelter show varied quotes. iron remains unchanged. Coffee futures for September bid 9.61 and March 9.78.
More than 1200 visitors gathered in Sutherland Springs for a good roads rally, a free barbecue, and a lot sale. Speakers from Wilson and Bexar counties discussed road funding, noting a 15 cent tax equaling a 200000 dollar bond issue. The day included a special San Antonio train and a 154 passenger car arrival with a 2 pm lot sale.
Sugar markets strengthen as refiners in New York raise prices by 10 cents per hundred pounds. Standard granulated sugar to wholesalers lands at 4.35 per hundredweight f o b New York, retailers at 4.75, with consumer prices unchanged. Texas mills supply most American sugar while imports and tariff doubts shape traders’ expectations. Potatoes and onions rise as northern buyers seek new stock, Texas supplies filling gaps left by exhausted old crops.
Retail market update lists prices for poultry meat dairy and produce by type and region. Items include large hens five dollars per dozen, eggs and butter prices, tomatoes onions cabbage lettuce peppers cucumbers and a wide range of fruits including apples oranges lemons peaches bananas and grapes with per crate and per box rates.
Cotton market summary shows weekly and monthly figures through September and October, including spinners takings, total exports since September 1, closing prices for July, spot prices, and sales to arrive. Crop condition notes appear for May through August with ginnings tallies up to December 12.
Northw est moisture shortage sparks a wheat rally while stock indices firm. July futures climb from 91% to 91 1 2c and corn gains support from puny central Kansas Nebraska crops. Oats rise with wheat and corn as hog prices push pork futures higher.
Bales of 819,965 and 367,454 and 417,873 with 97,968 stock yesterday compare to the previous day last week and the same day last year. The report notes a deficit for the season.
The union printers of the United States provide pensions to 1089 members at $5 weekly. Among the pensioners are six women. Exports figures show Great Britain, continent, and Mexico/Japan trade amounts.
June 12 at Union Stock Yards reports brisk demand for cattle calves and hogs. Pens cleared rapidly with prices steady. Fort Worth and northern centers wired a steady quotation list. Receipts moderate with Chicago 4000 cattle City 3000 St Louis 3500. Fort Worth hogs offered 800 head near $9.00. cows to $5 calves to $6.50 hogs to $8. market viewed as active for tomorrow.
Around 4000 cattle and 1000 calves were offered with beef steers strong at a top of 7.50. Calves sold around 8.35 for prime stock while hogs, 800 head, sold steady to higher with two loads at 8.85. Sheep were light and market remained fully steady amid broad demand across classes.
Chicago market today shows strong receipts across hogs cattle and sheep. Hogs sold from 6.76 to 8.86 per hundredweight with various classes. Cattle receipts and prices ranged from 3.85 to 10.50 for cows calves and steers. Sheep receipts at 13,000 with native and yearling prices from 5.10 to 7.90 and spring lambs 7.75 to 8.75.
Kansas City market report shows hog receipts around 7000 with higher prices. Bulk and heavy hogs range roughly 8.60 to 8.75, packers and butchers 8.65 to 8.80, lights 8.70 to 8.80. Cattle receipts near 17000 with steady tone. dressed beef steers 7.50 to 8.25, southern steers 5.80 to 8.00, cows 4.75 to 7.85, calves 9.00 to 10.50. Sheep receipts about 4500 with higher trend. lambs 6.20 to 8.10, yearlings 5.00 to 6.60, wethers 4.50 to 6.00, ewes 4.25 to 5.35, stockers 3.75 to 5.00.
New York cotton opened steady with a sharp decline then climbed as shorts covered and demand from trade sources supported prices. July selling in the south pressed near last night’s close while new crop moved higher, with improvements in spot demand and weather reports limiting further offers.
In New Orleans on June 12 cotton futures opened steady with a 1.2 point decline but rose through the morning. Weather in the cotton belt improved and demand grew after the Liverpool market cited good spot activity and prompt shipment needs. Prices climbed to 16 to 19 points over yesterday’s close during the best period, ending noon steady with a net rise of 12 to 14 points.
Trading opened steady with June to August quotes showing slight shifts while the session ended with a net advance of 11 to 17 points. Prices moved within narrow ranges across January March and December contracts, and several months posted mixed highs and lows before settling near prior levels.
Liverpool on June 12 reports cotton easier with robust business. Middling values listed at 7.284 for good middling 6.91d middling 6.704 low middling 6.54d good ordinary 6.184 and ordinary 5.84d. Total sales 12,600 bales with 11,400 American and 1,000 for speculation and export. Receipts 4,000 bales, including 3,400 American.
In Liverpool on June 12 futures closed steady with June at 6.52 percent, June-July at 6.46 percent, and a series of monthly spreads ranging from 6.44 to 6.13 percent. The list covers several term differentials from June through May next year.
The report lists nascent prices for middling grades in key markets: New York 12.30c, New Orleans 12%, Houston 12 1/6c, Galveston 12 1/2c, Liverpool 6 70d, Memphis 12 4c. These figures reflect regional trading levels and currency conventions of the period.
New Orleans on June Beemet cotton held steady as quotations were revised. Middling at 12 percent, spot sales 208 bales to arrive 10, low ordinary nine cents nominal, ordinary nine and thirteen sixteenths, good ordinary eleven and seventeen sixteenths, strict good ordinary eleven eleven sixteenths, low middling eleven sixteen sixteenths, strict low middling twelve and a half, mid dling twelve percent, strict middling twelve and eleven sixteenths, ee middling twelve percent, strict good middling one and one sixteenth, middling fair nominal at first, middling fair to fair thirteen and a half, fair fourteen and four-tenths nominal. Receipts 1629 bales. Stock 68,223 bales.
Spot cotton remained steady in Memphis at middling 12 1 2 cents, while New York quotes show middling 12 3/4 cents and middling gulf at 12 55. A sale of 416 bales is noted.
Alamo Lodge No. 44 A F and A M met to elect officers. Benjamin A. Greathouse chosen worshipful master James E Winters senior warden C G Meusebach junior warden George R Stumberg treasurer E C Arnold reelected secretary John E B Brinkmeyer senior deacon Wallace H Newton junior deacon F G Huntress tiler. Gooseberries and pie cherries. Bond’s ad column and various local notices follow with events and services.
The New York Cotton Oil market closes firm with near term prices at $7.30 for June and July and $7.34 for spot sales. Strong activity shows 22 000 total sales with varied bids across months from June through November and December contracts.
Albert Wolf and Pauline Cohn Filemon Martinez and Gabriela Lopes J B Moore and Edna E Johnson received marriage licenses as recorded by the registrar.
Receipts total 3500 cattle including 1200 Texans. Native beef steers 5.25 to 8.65, cows and heifers 4.50 to 8.50, stockers 5.25 to 7.50. Hogs receipts 11200. pigs and lights 7.25 to 8.95, mixed and butchers 8.50 to 8.95, heavy 3.80 to 8.90. Sheep receipts 3400. native muttons 4.25 to 5.00, lambs 6.00 to 7.00, spring lambs 8.25 to 8.40.
No. 8694 Chalmers issued to F. M. Burkett at 215 Porter Street. No. 2698 Ford issued to Emil Greeven at 819 Castro Street. No. 8$692 Indian Motocycle issued to John M. Madla of Helotes. No. 3695 Ford issued to J. J. Copley at Eads Avenue.
Mrs. Lucchese applies for an 8 room dwelling on Post avenue at 2250 dollars. Sam Cohen secures a 5 room home on Kansas City boulevard for 1000 dollars. A M Walker plans a 4 room house on Dakota street for 800 dollars. Albert Reichert files for a 6 room dwelling on B and J John street for 1600 dollars.
Charters granted include Christian Missionary Board of San Antonio with no capital stock for charitable and educational aims. Whitehouse Mercantile Co of Whitehouse, capital stock 20000. Kellam Bernard Sales Co of San Antonio with 10000. Adone Seaman's Bethel of Galveston with no capital stock. Amendments add capital increases for Price Becker Manufacturing and J Fred Smith Gravel. Comal County Abstract Co of New Braunfels, capital stock 6000.
To Mr and Mrs D O All a girl born June 10 at 824 Lake View Avenue. To Mr and Mrs John Rawlins a girl born June 10 at 520 North Flores Street. To Mr and Mrs A Perez a girl born June 9 at 205 South Laredo Street. To Mr and Mrs A Guerrero a girl born June 190 at 416 San Fernando Street.
Public notice lists numerous dentists and dental supply houses that will close their offices after noon on Saturdays throughout June July and August. Names include Dr E A Betancourt Dr W Bourn Dr J M Cain Dr HB Chaney Chicago Painless Dentists Dr A F Cook Dr Curry Wagoner Robichaam Dr D N Cushing Dr C F Dunlap Dr J H Greham Dr Ways Beard Dr Hering Hicks Dr F A Mitchell Dr E Metzner Dr R J Mooney Noa Spears Company National Painless Dentists New System Dentists Dr A E Norton Dr G W Phillips Dr P C Richardson Union Painless Dentists Dr Fred BE White Dr W P Beg és Dr George C Yale Dentista. (Adv)
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