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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Mar 13, 1911
Page
13
The cotton market opened steady with a 5.9 point decline on weaker cables and New Orleans selling but demand for May rose sharply to 14.61. By noon prices firmed and futures finished steady as traders remained cautious, with May around 14.60 and July near 14.26 while spot middling stood at 14.65.
In New Orleans on March 13 cotton futures opened steady with declines around 4.6 points as rain signals in the western belt spurred early selling. Keplinger & Brown reportedly failed due to scattered contracts. By midmorning prices recovered, with active months showing a net 2 point advance and the market remaining steady overall.
Closing cotton market in Liverpool shows small business with prices unchanged. American middling fair 8.11, good middling 7.79, middling 7.67, low middling 7.47. total 6000 bales with 800 for speculation and export including 5500 American. receipts 6000 bales including 2100 American. futures opened quiet and closed steady with various forward months quoted.
New York spot cotton trades end quiet with middling uplands at 14.65 cents and middling Gulf at 14.90. Sales reach 600 bales as of March 13.
Memphis and Houston spot cotton prices show steady middling values for March 13. Money on call in New York remains steady at 2 1/2 to 3 percent with time loans dull and rates around sixty days 2 1/2 to 3, four months 3 1/4 percent.
The Pruitt Commission Co announces fresh arrivals including Car Cane Seed and Cars Seed Potatoes and Onions. Naval Oranges and Lemons are listed with 2 Cars Potatoes and Onions. The company markets as The People With the Goods.
Armour & Co.'s bid for Fort Sam Houston commissary meat and packinghouse products was disqualified for arriving five minutes after bids closed, leaving Swift & Co. to win the dress beef contract. An initial order calls for 18 carloads weighing about 360000 pounds at roughly ten cents per pound, totaling about $360,000. Major Wilkins, in charge, just returned from Fort Worth after reviewing packing plants and bids for a large immediate order.
Local produce markets show strong demand for staples while government contracts push rush deliveries. Strawberries are scarce but expected to rebound. eggs remain steady at 15 cents a dozen as receipts stay limited. California shipments slow briefly. Pruitt Commission brings in cars of apples potatoes and bananas.
Associated Press reports Chicago markets with today’s prices for dairy eggs butter creamery butter at 16 to 26 cents, daisies 15 to 2 cents, cheese daisies 13 percent, twins 11 to 14 cents, long horns 13 and a half to 14 cents, potatoes 36 to 42 cents for fair to fancy, turkeys 18 cents dressed, hens 13 cents live and dressed, springs 13 cents, veal weights 50 to 60 pounds at 6 dollars to 6.50, 60 to 85 pounds at 8 to 9, 85 to 110 pounds at 10 to 11.
Daily egg prices in New York on March 13 show receipts at 11 489 cases with fresh gathered eggs ranging from 19 to 20 cents for extra large, 17 to 18 cents for firsts, and 16 to 17 cents for seconds and thirds. Regional whites and browns from Pennsylvania to the West vary from 15 to 25 cents with western whites at 19 to 22 cents and southern at 32 to 38 cents.
Quotations today show a steady market for many items. Beef and poultry prices listed with slight movements and eggs lower at 15 percent. Butter creamery ranges 19 to 27 cents.
UNION STOCK YARDS March 13 buyers seen strong demand as cows reach 4 and calves 5.10 with hogs around 6.50 to 7.25. Today’s trading shows a solid market across cattle hogs and calves with receipts lighter than demand and prices near seasonal highs.
Fort Worth Tex March 13 cattle receipts about 2500 with a steady market and calf receipts around 500. Beef steers priced 4.80 to 5.25 while stockers and feeders range 3.60 to 3.90. Hogs receipts about 3600 with a steady market and top quotes from 6.90 to 7.15 per hundredweight.
Chicago buyers report cattle receipts about 25 000 with markets steady to ten cents lower. Beeves range 5.15 to 8.15, Texas steers 4.35 to 5.65, western steers 4.70 to 5.75, stockers 4.00 to 5.75, cows 2.60 to 5.80, calves 6.75 to 8.75. Hogs receipts 60 000, 15 to 20 cents lower. light 6.85 to 7.15, mixed 6.70 to 7.00, heavy 6.55 to 6.95, rough 6.55 to 6.70, good to choice heavy 6.70, sows 6.50 to 7.00, bulk 6.80. Sheep receipts 20 000, market steady. natives 5.00 to 4.90, western 3.15 to 4.90, yearlings 4.75 to 5.80, natives 5.00 to 6.40, western lambs 5.25.
Cattle receipts 11 000 including 1200 southerns market steady to 10 cents lower native steers 5.50 6.65 southern steers 5.25 6.00 southern cows and heifers 3.25 5.50 native cows and heifers 3.25 6.25 stockers and feeders 4.50 5.80 bulls 4.00 5.25 calves 4.50 8.25 western aged 5.25 6.25 western cows 3.25 3. ogs receipts 11 000 market 10 20 lower bulk 6.80 6.90 heavy 6.85 6.90
Associated Press reports steady wheat with No 2 hard at 87 97e and No 2 red at 94 96e. Corn mixed with May prices around 86 87c and July 83% 84e.
Stock market opened heavy with broad declines in many issues while Atchison rose over a point lifting sentiment. Midday and afternoon trading saw widespread advances and some recoveries, led by Union Pacific and Reading as bonds held steady before U S Steel and others dipped on tax news.
Memphis and St Louis market notes show mixed activity. Cotton seed oil and grain futures edge higher while cattle and hog receipts at St Louis rise with steady beef values and hog prices dipping slightly. sheep market remains steady.
Forecast to 7 p m Tuesday calls for fair tonight and colder with frost in the interior Tuesday fair. North Texas tonight fair and colder with frost, Tuesday fair. Storm center over South Carolina with rain in the Ohio valley and South Atlantic states. Freezing temperatures in northern districts and western regions.
Chicago price movement mixed with light trade and higher overseas shipments. Wheat softened while weather maps indicated moisture in the southwest and cooler temperatures aiding crops. May limited upswings amid cautious trading. corn and oats followed suit with narrow changes and hog-led provisions pressuring prices. Cash grain quotes list No 2 red and No 2 white wheats and No 2 corn values.
Chicago markets report grain movement with receipts and shipments for flour wheat corn oats rye and barley. March data include 74 000 barrels of flour receipts 89 000 shipments and 208 700 bushels of corn receipts 101 800 shipments plus oats 163 800 173 500 and rye 000 with barley figures listed. Also note March 13 receipts include 13 car wheat 202 cars corn and 99 cars oats with totals for Minneapolis and Duluth at 472 car wheat today versus 859 last week and 755 last year.
At the opening of the cotton exchange in New Orleans on March 13 the suspension of the futures brokerage firm Keplinger and Brown was announced. The firm is small and the failure is not considered important. No market effect was observed.
Retail quotations from City Market House list a wide range of produce and goods including eggs country 15c a dozen, butter country 25c, dressed poultry hens 60c each, beef roasts 10c, pork sausage 15c, oranges 26-40c per dozen, bananas 15-20c, lemons 20-80c, potatoes 10c per peck, cabbage 3c lb, tomatoes 50c basket, lettuce 10c, cucumbers 20c each, okra 15c quart, strawberries 20c, and many other farm fresh items.
Carl Kehe aged 66 died at Santa Rosa hospital after a long illness contracted in South America. He is buried at Real burial ground near Converse. A German native, he emigrated in 1856, served in Kampmann's company during the Civil War, later worked in sheep, lived in Brazil, and returned to San Antonio three years ago. Survived by sister Mrs Lena Real and Miss Sophie Kehe. Hugh Burns funeral held at St Marys church with a large attendance.
Born in Bodenwerder Germany she emigrated to the United States and settled at Comfort in the early fifties. Survived by four sons William Saur Comfort Louis Saur San Antonio Theodore Saur El Paso and George Saur Comfort daughter Mrs Ernest Pfeiffer Comfort brother William Boerner Comfort sister Mrs D Dienger Boerne. Funeral will be held Tuesday afternoon from the residence near Comfort.
President James A. Thompson of the Taylor board of trade and County Commissioner Sol G. Yakey are invited to address Cameron and nearby residents March 17 on good roads. The talk will cover a $250,000 bond issue and practical results from Williamson county projects. Thompson cannot attend and will send George H. Harris in his place.
Quotations today show firm cash wheat and corn with No 2 track prices at 94 97 and 87 respectively. Oats slight gains with No 2 track around 30% cents while May futures hover in the 90s for wheat and 49% cents for oats. The notice also advertises New York Star Dye Works phone 449 and Theo Artzt's orchestra with both phones listed.
Ongoing agency by George Shoat announces new phone numbers for contact at its 205 Gunter offices building. Shoat serves as proprietor and manager, enhancing local investigative services with updated lines 40 and 8708.
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