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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Mar 09, 1911
Page
13
Cotton futures opened steady with a 1 to 4 point advance then fell back as liquidation and selling appeared. May around 14.21 with modest midmorning gains, March 14.01 03 and May 14.24 25, other months mixed as prices held above last night’s close.
New York March 9 The stock market was dull but slightly firmer with Gould issues strong. Union Pacific Missouri Pacific and Reading rose while several rails ticked up and the market closed with some gains after an earlier decline. London and New York rates had little effect and overall activity remained dull.
San Antonio and vicinity tonight will be cloudy with unsettled cooler Friday. East Texas forecast calls for generally cloudy conditions tonight with cooler air, especially in the northwest, and unsettled weather elsewhere. A principal storm system spans the central portion of the country from Texas to the Midwest with no significant precipitation. Freezing temperatures are limited to the eastern states, Canada, and the British Northwest.
Cotton futures in New Orleans opened steady and advanced 2 to 3 points as traders bid on the long side after favorable cables. Dry weather across the belt supported gains with markets showing strength in new crop months while old crops rose amid pessimistic Liverpool trade signals.
Liverpool spots show fair demand with prices down five points. American middling at 8.03, middling 7.71, low middling 7.89, ordinary 6.86. Sales total 8000 bales with 1000 for speculation and export including 7700 American. Receipts 15,000. sales including 18,100 Americans. Futures opened easier, settled steady with various forward quotes from March through February.
MEMPHIS New Orleans and Houston report unchanged or firm spot cotton as middling ranges from 14 to 14 7 16 cents. Sales on the spot reach 8380 bales with 900 arriving. Receipts total 4147 bales and stock at 149,924 bales across the region.
Galveston reports spot cotton steady at 149.16 for March 9 as markets show quiet demand and stable prices. Trade circles note stable tones amid cautious buying and limited activity in the Tex market.
The report shows 2,931.65 bales ginned in the year in the Texas area. Bere tex, M ', Texarch 9 provides the data on cotton production and ginning figures.
The Bank of England reduced its discount rate from 3 to 3 percent today after strong gold inflows and cash returns boosted reserves to about 80,000,000 pounds. Markets remained largely steady except for a 3 16 point rise in consols.
New York on March 9 reports money on call steady at 2 percent with a ruling rate and closing bid at 2 percent. Time loans show little activity with sixty days at 2 percent, 90 days at 3 percent, and six months at 3 4 percent.
Close prime mercantile paper at 4 percent while sterling exchange holds steady. Bankers' bills quoted at $4.84.05 for sixty day bills and $4.86.30 for demand. Commercial bills at $4.88. Bar silver at 52 cents. Mexican dollars 45 cents. Government and railroad bonds show heavy activity.
Spot cotton closed quiet with a 15 point gain. Mid upland quality at 14.45 and mid gulf at 14.70. Total sales reported 9,400 bales.
New York March 9 cot ton seed meals and linters priced at 5.80, 23, and 4 percent respectively. Cotton seed oil quotes show opening prices around 6.71 to 6.93 with closings near 6.75 to 6.96 amid fluctuating values.
Potatoes are the only vegetable likely to rise as San Antonio wholesalers supply daily needs for 20 000 people. Despite fears of famine and price hikes, consumers should not feel material impact as retailers expect two weeks of ample stock and trains delivering provisions will arrive if needed. Meat and staples remain plentiful, easing consumer concern.
Quotations paper from Chicago show butter steady with dairy prices at 16 26 cents for creameries and 15 21 cents for days. Eggs firm with 10 890 cases received. Cheese steady with varieties like Daisies and Long Horns listed. Potatoes weak with cheek ranges 36 42 cents. Poultry unsettled with dressed turkeys at 18 cents and live chickens at 13 cents. Vent steady with weight bands at 7 8 cents and 9 10 cents and 11 cents for larger weights.
New York March 9 market update lists egg receipts at 19,500 cases with irregular quality. Quotations show Pennsylvania Kennery white at 23 to 26 cents, gathered white at 22 to 25 cents, and western gathered white at 20 to 23 cents per dozen.
Quotations were steady across meats and dairy with lead at 4.25, spelter 5.50. poultry varied: chickens 12c, springs 15c, turkeys 14c, ducks 16c, geese 8c. Butter and eggs steady at 19 to 27c and 16c respectively.
Munfordville Ky March 9 a Black Hart county man named Massey assaulted his kinsman George Stuart who had been sent to arrest him Massey fled to the woods a posse pursues him and authorities report Massey surrounded in a swamp initial reports of family fatality denied
The infant R A Johnson aged 1 year died at 2609 South Flores last night from general debility. Survived by three sons R A Johnson Dallas W G Johnson Oklahoma P Johnson Corsicana and three daughters Mrs Laura Sweeney Dallas Mrs J A Armond Devine and Mrs Annette Spear of this city. Civil War veteran and retired merchant. Waters Undertaking prepared the body for burial and will take it to Devine Friday for interment.
Joseph Gittinger 68 died at 9 this morning at 208 West Cevallos San Antonio after a months long illness. He was a Germany native who settled in San Antonio 36 years ago. Survived by widow Mary and eleven children in San Antonio and Toyah Texas, two brothers two sisters thirteen grandchildren. Funeral Saturday at St Henrys Church South Flores with High Mass by Father Roblin. Interment at new St Josephs Cemetery.
At Union Stock Yards on March 9 a healthy supply of 189 head moved through, with cows and grown stock dominating the receipts while calves were light. The market stayed strong overall as cows brought 3.00 to 3.75 dollars, calves 3.75 to 5.00, and hogs 6.50 to 7.50 with most sales around 7.00.
Chicago March 9 market summary shows cattle receipts about 5000 with steady prices for beeves and cows and calves ranging to 9.00. Hogs receipts near 28000 with market slow to down five cents. Light to pigs trade mostly 6.50 to 7.15. Sheep receipts about 15000 with market steady and lambs and yearlings listed with several price ranges.
Kansas City reports cattle receipts near 4000 with steady prices for native and southern steers and cows, calves and bulls mixed. Hog receipts around 10000 with market steady, bulk at 6.80, and sheep and lambs headed steady with wethers and yearlings about 4.40 to 5.60 and ewes around 4.25 to 4.60.
ST LOUIS market today shows cattle receipts about 800 with Texas cattle steady and native beef steers 5.00 to 7.00, hog receipts 11,000 with packers 6.40 to 7.10, and sheep 1300 strong with native muttons 3.75 to 4.75 and $5.50 to 6.40 for others.
Cash wheat unchanged with No 2 hard at 87 97 cents and No 2 red at 98 95. Corn holds firm with No 2 mixed 0 to 2 cents lower and No 2 white 43 1 2 cents. Oats steady with No 2 white 31 33 cents and No 2 mixed 31 32 cents.
ST LOUIS March 9 quotations were published showing cash wheat steady with No 2 hard around 90 to 95 cents a bushel and No 2 track 92 to nickel. Corn firm with No 2 price near 46 cents and No 2 white around 46 cents. Oats firm with No 2 track about 86 cents and No 2 white near 31 cents.
In St Louis March 9 close futures show Wheat May 88 7 8 to 90 cents July 86 to 90 cents. Corn May 47 5 8 cents July 48 7 8 cents. Oats May 29 3 4 to 29 7 8 cents July 29 1 2 cents.
Four burial permits list the deceased: Mrs Emily M Gordon 36 died March 7 at 821 Avenue C. J H Cunningham 43 died after illness at Aaron TP and B hospital. Charles C GH 83 died March 5 at 303 Dwyer Avenue. Louis Bettman 73 died March 5 at 133 Blum Street.
Chicago reports weakness in the wheat market amid government data showing larger farm reserves and liberal Argentine shipments. May wheat opened lower then steadied while corn rose on bulls purchases amid favorable government figures. Oats saw covering by shorts and hogs and provisions fell with weaker prices overall.
Chicago March 9 receipts and shipments today show 13 cars of wheat with 5 contract grade, 236 cars of corn none contract grade, and 100 cars of oats. National totals for wheat at Chicago Minneapolis and Duluth reach 245 cars, up from last week’s 145 and last year’s 897 on the same day.
Kansas City March 9 quotes show May wheat at 85 86 cents bid and July 83 84 cents sellers. Corn May 47 1/2 and July 47 1/2 cents bid.
A music and comedy review praises Dockstader for a refined show with throrough artistry skilled singers and a standout act by Happy Naulty. It notes lively numbers including That Barbershop Chord and treats of current topics, with Dockstader delivering high energy from curtain to curtain and planning future engagements in New York venues.
Lew Dockstader reports receiving 160 jokes by mail and notes 162 were familiar faces. He confirms reserved box seats for Mrs. George Morse Fred Lake Miss Mary Baen EB Goldbeck at the Alamo Plaza venue.
Tomorrow night at the Royal a Spanish female impersonator fresh from Mexico will be given a try out. The performer hopes to win an engagement on American vaudeville time as the one appearance may decide his fate. If successful his act is in good shape for future bookings. The regular bill will also be presented.
James Forbes author of The Traveling Salesman will be presented at the Grand next week by Henry B Harris. The play began at New Liberty theater New York then Gayety and later Illinois Chicago with a combined run of 96 weeks. It earned constant demand in New York City, returning for another season at the Grand after a long tour.
The theater presents The Girl in the Taxi for two nights and a matinee at the Grand starting Sunday. The play aims solely to make people laugh and has achieved sensational success in Paris Berlin New York Chicago and Boston with record attendance and box office.
The Star presents a bold shooting show featuring a Castilian woman now Mrs Briggs who shoots glass balls from her head and garters with calm poise. Also appearing are Billy Elwood the cartoonist and the Harwoods in the lineup.
The habeas corpus hearing for C. Bethea, charged with shooting J. H. Head at Rockdale, was not continued. The case now waits until March 20 to go to trial before a jury as counsel will be ready for trial and release on bond is abandoned.
A town figure known for dramatic emphasis identifies an auger in a trial. The attorney questions the witness on recognition and duration of knowledge, and the witness asserts he has known the auger since he was a gimlet. The humorous exchange highlights the witness's memorable persona.
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