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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Mar 14, 1913
Page
11
New York March 14 Wall street traded under pressure amid news of the Harriman dissolution plan with Southern Pacific showing strong selling and the market sagging on light offerings. Bonds held steady as traders watched Kern Pacific and other standard stocks slide with limited support.
York Exchange criticizes several bills before the New York State Legislature in Albany. Milburn and Taylor cite opposition to a memo requirement for trade times and argue bucketshop and market regulation measures may be improperly drafted or harmful to liquidity. Copper and metal markets in New York show steadiness while currency and bonds hold firm.
Cotton seed market notes from Phil in Tennessee show prime bulk price at 5.85 and meal at 24.50 with lint near 6. In New York spot cotton quoted around 6.34 to 6.49 with futures called near 6.35 to 6.41. Money on call remains at 4 1/2 percent with general lending rates around 6 percent.
The local coffee market shows a weak, unsettled tone after New York’s sharp decline. Prices slid 40 to 50 points to a new low for the season, with jobbers reporting the lowest quotes since September 1911 as bears and heavy selling drive values.
Quotations show butter steady with creamery prices 28 35c per pound. Eggs at mark and receipts 10 681 cases, varieties including ordinary firsts 17 18c. Potatoes firm with 55 car receipts. Poultry steady with dressed turkeys 21c and live chickens 16c, live springs 16c.
In St Louis on March 14 quotations show poultry prices with chicks at 16 cents, turkeys 19 1/2 cents, ducks 11 cents, geese 9 cents, and butter Creamery at 28 3/8 cents while eggs are listed as ical. In Kansas City on March 14 butter and poultry hold steady with eggs at Firsts 1 1/2 to 1 3/4 cents and seconds 13 4 cents.
New York March 14 Raw sugar firm Muscovado 9 test 2.98 centrifu fat 3.58 molasses sugar 9 test Refined steady Petroleum and molasses steady Hides easy leather firm.
New York market notes butter unsettled with receipts of 6716 cases and eggs steady on 16 693 cases. Fresh gathered extras quoted at 19 20 cents, dirties at 15 17 cents.
A compilation of property conveyances shows transfers between individuals and companies on dates in 1911 to 1918. Buyers include A Stilson, A Hernandez, J H Kirkpatrick, Eugenia Garza, Fred N Cowen, Lone Star Brewing, and others. Properties span blocks and lots in Los Angeles Heights, Pasadena Heights, Marlborough Place, Madeliene Terrace, and Palm Heights with prices from $10 to $19,000. Credits include blocks, lots, and new city blocks with varied dates.
Chicago reports show wheat turning downward as weather forecasts improve. May wheat opens near unchanged and slides to 89 1 2 cents. corn drops early then recovers with May at 51 1 2 cents. Oats soften and provisions fall on unloading, pork futures around 20.70 to 20.80, ribs 10.80 to 10.85. Export demand offers some support, closing steady with May at 89 9 16 cents.
Cash wheat bids show No 2 red at 1.09 to 1.10 dollars and No 2 hard at 0.90 0.95. Corn quotes include No 2 at 0.50, No 2 white at 0.53. Oats bids list No 2 at 0.32, white 0.34. Futures indicate May and July settlements for wheat corn and oats with scattered fractional figures.
The Kansas City market reports cash wheat prices for No 2 hard and red grades, No 3 values, corn prices for mixed and white grades, and near term futures for wheat corn and oats with May and July maturities. Values range from about 33 to 105 cents depending on grade and month.
Cash wheat prices show No 2 red at 1.02 1.06, No 8 hard 898c, No 1 northern 88 4c, No 2 northern 87 c, No 2 spring 86 c, velvet chaff 83 88c, durum 85 90c. Corn No 2 60. Oats No 2 white 33% 34c, standard 82% 33e.
Berlin reports continued stringency in the money market with expectations of 8 to 8 1/2 percent rates for monthly settlements and unconfirmed reports of large gold purchases. The Austro Russian demobilization and unloading move weigh on prices while German bank data show a small rise in gold and silver stocks tied to new loan subscriptions. Hoarding and collection difficulties persist.
Closing consols for money 73 percent for account 739 16. Bar silver steady at 26.5d per ounce. Money 4 percent. Discount rates for short bills 5 5/16 percent and three months 4 15/16 percent.
A fragment notes a payment of 23,000 pounds sterling taken into the Bank of England on a bullion mount day in London dated March 14. The terse item references financial movements without additional context or names.
A March 14 report from Union Stock Yards notes a cattle train to Fort Worth boosting receipts to the thousand mark though under four hundred head were offered. Prices remained steady with best cows at 5 dollars, calves up to 6.25, hogs at 8 dollars top, bulk 7 to 7.76. No sheep or goats offered.
An informal meeting at the Cattlemen's Exchange decided San Antonio will not seek the Texas Cattle Raisers Association convention here. Instead they will vote in favor of Fort Worth hosting the next gathering after a letter from Amarillo's J H Avery reported strong sentiment for San Antonio among recent delegates.
Fort Worth Texas reports a steady to active market. Cattle receipts 1300 with steers 6.50 to 7.25, cows 4.50 to 6.00, heifers 5.90 to 6.75, bulls 4.50 to 6.00, calves 5.00 to 8.00. Hogs receipts 600 top 8.95 and 8.70 to 8.90 bulk. Sheep receipts 300 with market steady.
Kansas City cattle receipts total 600 with 200 southern stockers. Southern steers sell 6.50 to 8.15 while cows and heifers bring 4.26. Hog receipts 500 with bulk 8.65 to 8.80 and pigs 7.50 to 8.00. Sheep receipts 3000 with muttons 5.00 to 7.00 and Colorado lambs 5.25. range wethers and yearlings 5.76.
Chicago market report shows hog receipts 13 000 with slow demand and mixed sales around 8 60 to 8 95. cattle receipts 1 500 with steady trade including beeves 7 25 to 9 15 and cows up to 8 00. sheep receipts 5 000 with market steady to strong and native lambs 8 00 to 9 16.
Receipts and prices for cattle hogs and sheep listed for St Louis on March 14. Cattle steady with native beef steers 5.75 to 9.10, Texas steers 5.25 to 8.25, cows and heifers 3.75 to 6.60, calves 5.00 to 6.60. Hogs steady with pigs and lights 6.75 to 9.05, mixed and butchers 8.85 to 9.05, good heavy 8.90 to 9.00. Sheep steady with native muttons 5.50 to 7.00, lambs 7.00 to 9.25.
Weather notes influence as cotton opens steady with advance on strong cables and rains in the south. Foreign buying and covering absorb offerings, prices steady then ease slightly after Liverpool close, with bears wary before weekend figures. Spot prices around 12.50 for middling uplands. futures show mixed early gains and late modest declines.
New Orleans March cotton futures opened steady with small gains early then faded as rain and a looming cold wave weighed on demand. Bears stayed limited while shorts covered modestly. trading remained subdued with forecasts of mill buying minimal and prices drifting below night session highs.
New Orleans reports march 12 cotton futures opening steady but trading shows a net decline of two to three points with prices for several months listed in the 11.46 to 12.34 range. Investors monitor the market as open high low close figures are cited and various delivery months show slight shifts.
Spot cotton quiet with firm prices in Liverpool on March 14. American middling fair 7.414 pence, good mid 7.01d, middling 6.854d, low middling 6.67d, good ordinary 6.53d, ordinary 5.99d. Sales 9000 bales including 700 for speculation and export, receipts 27100 bales all American.
Friday meeting of Seventh Ward Improvement Club at 8 o clock opposite Herff School. Saturday dance at M W A Hall with Maxene Artzt. Various professional moves and local business ads including Dr J O Kemp and chiropractors. Lectures at Carnegie Library and Ku Klux Klan talk by Dr J E Harrison at Government Hill Methodist Church. Public notices on uniforms bids and police city matters. Derailment delays traffic on Southern Pacific west of the city.
The wrecker was sent from San Antonio and the line cleared by six. Two divorce suits were filed this morning in district courts, one by R T Hulme against Callie Hulme in the Seventy third District Court and another by Sylvester W Gray against Consuela Gray in the Thirty seventh District Court. U S Marshal John L Dibrell departed for Austin to attend a civil case special term and will return tomorrow. Truck No 8 for the fire department was placed on duty at Company No 7 on South Alamo street after a successful test. The motor driven chemical engine and ladder vehicle is crewed by experienced men and ready for immediate response.
In Liverpool on March 14 cotton futures opened firm and closed steady with contracts for March 6.59 3/4 cents and successive months cited at varied rates from March-April 6.57 3/4 to Oct.-Nov 6.17 4. detailed calendar spreads listed.
San Antonio post office receipts rose about 12 percent from last February with cash receipts at 30 182 21 for last month. Porcelain stamp sales reached 2 265 25. Diaz Sisters music listed for Turner Falls Saturday.
New York and several other markets report middling prices with common rates shown. New Orleans Houston Galveston Memphis all listed at middling levels around 12 percent, while Liverpool shows 6.85 middling.
A consumer appeal questions the habit of ordering meals from Chicago Kansas City or Omaha through Union Meat Company as a lifestyle choice. The message argues for home meals over distant deliveries and hints at the benefits of local sourcing.
New Orleans on March 14 reports a quiet cotton spot market with steady middling at 12 1 2 cents. Sales on the spot reach 140 bales with 28 bales arriving later. receipts total 2497 bales and stock 103 825 bales.
Copper quiet with spot 64 pounds 11s and futures 65 pounds 7s 6d. Tin steady at spot 208 pounds 15s and futures 205 pounds 15s. Lead at 16 pounds 16s 34d and Spelter 24 pounds 10s. Cleveland warrants 63s 9d in on. Wool steady in St Louis with grades and prices listed for combing clothing, fine and tub washed.
When you seek hams bacon lard or compound ring two ninety two for a price that is right. The article is made at home and this should not deter you from handling it. No other reason exists as the goods claim the very best standards.
Josephine Williams filed a permit for repairs on Alfred Street costing 209 dollars. J N Trevinio secured a permit for an addition on Ruiz Street valued at 200 dollars.
Memphis March 14 spot cotton prices remained steady with a decline of one sixteenth to middling twelve and a half percent.
Licenses listed include No 8340 for Artesian Ice Company at 807 Avenue B and No 3841 for Mrs C M Steele at 508 Hunstock Avenue.
Galveston reports arrival of the steamers Glenmoray Calcutta Cayo Soto Bremen Colorado Sparrow Point yesterday and clearance of Northwestern Tampico Bowden Puerto Plata. Sailed included Bloomfield Tuxpam Ramon de Larrinaga Manchester El Sol New York Regina Esberg. SIASCONSETT La Provence Havre east of Sandy Hook at noon dock New York Saturday.
Paris reports three per cent rentes at 89 francs 25 centimes for checks and a private rate discount of four per cent. Missouri's agricultural college is crowded with students.
M. J. Jamison and Harriett Fan, Mariano Castillo and Manuela Delgada, Juan Flores and Graniela Maddaro listed for marriage licenses in New Orleans. Market notes report rice steady with no sales. receipts and quotings cover rough and clean grades, including Honduras and Japan values and interest rates.
A fragment reports an event in St. Louis involving four children and one man. Details are incomplete but indicate a day goods incident affecting multiple people. Further information is not provided in the readable text.
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