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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Mar 16, 1911
Page
13
The cotton market opened steady with a 4.9 point advance amid talk of dry subsoil in the southwest but no fresh outside buying. Futures showed modest gains and the session ended steady with spot cotton quiet and some late covering.
Forecast till 7 p m Friday for San Antonio and vicinity calls for tonight and Friday fair and warmer. North Texas notes warmer, with Friday fair except in the northwest portion. A principal storm area is central over New England with gales on the Atlantic coast. Most of the country shows high barometers with fair weather and moderately cold conditions, freezing extending into the East Gulf and South Atlantic states, and zero in Canadian provinces.
Cotton futures opened steady with a 1 to 5 point advance as dry cold weather and scarce demand weighed after a flood of negative reports from the belt. Prices climbed to 1 to 6 points above yesterday’s close in late morning trading and closed very steady with March May July and December futures all higher or near prior levels.
Associated Press reports closing cotton prices in Liverpool on March 16 with American middling fair at 8.19 pence and good middling at 7.87. Sales reached 10 000 bales with 2500 for speculation and export, receipts 15 000 bales, futures opened steady and closed quiet, with multiple futures quotes listed.
New Orleans spot market shows prices firm with little change. Sales total 750 for immediate arrival 500 and a range of classifications from low to strict middling with receipts at 3946 and stock at 124658.
In Galveston on March 16 spot cotton firm 1 16 up with middling at 14 3 4 cents per pound.
Local market notes list fresh arrivals including seed potatoes onions and naval oranges. Pruitt Commission Co is advertised as The People With the Goods.
Granulated sugar advances 10 points to 4.70 cash less 1 percent f o b New York with delays. Strawberry shipments expected light due to rain, crates at 7, scarce after tight supply. East Texas peaches projected to be one third crop. demand for peaches remains solid. Vegetable prices high. Rio Grande irrigation drives South Texas supply. Florida tomatoes firm at 2.50 per crate as packers and canners book orders ahead.
Fractional losses across most active stocks marked the opening as Missouri Pacific lagged with a noted decline. Several major issues held slight gains while the Hill group posted modest strength, and bonds remained steady as the market edged lower overall.
Houston and Memphis port totals show cotton receipts for today versus last year. Houston reports 13154 to 2506, Memphis 1598 to 187, Cincinnati 383 to 81, Little Rock 198 to 188.
Quotations show butter and eggs steady with creamery and firsts firm. Daisies twins and Young Americas cheeses hold. Potatoes firm with choice to fancy at 40 42 cents. Poultry dressed turkeys 18 cents hens live 14 percent, veal prices steady across weight ranges.
Quotations showed lead at weak 22 percent, spelter weak at 5.47, chickens 12 cents, springs 15, turkeys 13 four percent, ducks 15 cents, geese 8 cents. Butter steady at creamery 27, eggs steady at 19, licent prices cited.
Cotton seed products report from Memphis lists prime basis oil at 5.80, meal 23, linters 34 4%e. New York quotes show March to August oil futures with bid offers around 6.69 to 6.96 and close near 6.70 to 6.94. Kansas City notes cash wheat steady and corn mixed with various bids. mentions Theo. Avist's orchestra and both phones.
New York on March 16 reports receipts totaling 29 457 cases. Prices vary by type with Pennsylvania and nearby henny varieties noted. White eggs range from 21 to 22 cents, brown and gathered whites around 18 to 20 cents, Western gathered whites 18 to 19 cents, Western duck eggs at 82 cents per dozen, and Southern eggs quoted 25 to 34 cents.
Houston news notes spot cotton was steady at middling 149 and 16, with prices unchanged in today’s market.
Memphis Tennessee March 16 reports mixed cotton trading with middling prices near 14 cents. Market watchers note slight declines amid cautious demand while other grades hold steady.
On March 16 at Union Stock Yards very few cattle were offered yet demand remained strong. Receipts totaled 205 head by noon, with a carload of calves and a beef cattle shipment to Linares, Mexico, plus two more carloads to Knippa Texas. Cows sold mostly $3.50, calves $4.50 to $4.75, hogs steady with porkers around $6.50, and overall market activity described as steady to active.
Receipts and bids today show cattle at 1600 with steady tone and Texan inclusion. native beef steers 5.00 to 7.00. stockers 3.75 to 5.75. Texas steers 4.50 to 6.50. calves 5.00 to 8.00. Hog and pork receipts 9000 with prices 6.75 to 7.15 for shorts and packers 6.00 to 7.10. sheep 3600 with muttons 3.75 to 5.00. lambs 5.75 to 6.40.
Cattle receipts 3000 with native and southern stock in steady to strong tone. Hogs 11000 with market 5 to 10 cents higher. Bulk hogs 6.80 to 6.95, heavy 6.50 to 6.90, feeders 6.85 to 7.00. Sheep receipts 8000 with market 10 to 25 dollars higher. Colorado lambs 6.30, muttons 3.75 to 5.00, lambs 5.50 to 6.80, fed wethers 4.25 to 5.60, fed western ewes 4.00 to 4.75.
Chicago market notes show receipts around 5500 cattle and 14000 to 24000 hogs and calves. Prices list several classes from Texas and western steers to stockers, cows, calves, and mixed hogs with modest to steady gains in some lines amid a generally slow, weak market.
The largest assembly of hospital corps NCOs since the medical department's organization met at Fort Sam Houston Texas for a smoker hosted by the hospital corps NCOs. Many had not seen each other since service in the Philippines and Cuba. Members performed recitations and imitations. NCO advancement requires a rigorous examination in arithmetic pharmacy chemistry ward management and first aid. Warrant licenses are issued by the secretary of war or surgeon general. The group praised the hospitality and pledged to remember Fort Sam Houston and San Antonio.
Charles T. Van Riper, aged 40 years 8 months 15 days, died in San Antonio Texas on March 15 1911 at 8 30 p m. The funeral will be held at his residence 310 East Dewey Place at 3 30 p m March 7 1911. Interment at Tamo Masonic cemetery. Friends invited.
Wet weather delaying shipments from India and a London advance prompted Chicago traders to push prices higher. May wheat opened around 91% cents and rose to 91% cents while oats and corn saw gains. Hog prices aided provisions with May pork at 17.65 and lard near 9.15 to 9.57.
Chicago March 16 Receipts and shipments show flour 12 300 barrels wheat 22 800 bushels corn 180 200 bushels oats 144 000 bushels rye 5 000 bushels barley 60 000 bushels with shipments totaling 229 000 bushels of oats and 1 000 rye shipments and 12 600 barley.
Chicago reports today 8 cars of wheat including 3 contract grade 160 cars of corn none contract grade 84 cars of oats. Total wheat receipts at Chicago Minneapolis and st Paul today 158 cars vs 345 last week and 368 a year ago.
Market notes show wheat futures steady with May at 90 percent, July 87 percent. Corn futures firm with May around 48 percent and July at 49 percent. Alongside, cash grain prices listed for No. 2 red, No. 2 hard, No. 2 track, and No. 2 white grain with small fractions.
A notice indicates Mr W A Hannsz and Mrs greet a baby boy born on March 15 at 255 West Fest Street. The fragment states the birth of a son and mentions the couple and address.
A San Antonio guide lists retail prices for a standard market basket. Eggs 30c per dozen, butter 25c, dressed poultry 60c per hen, 55 65c for fryers, various fish 16c to 36c, meats from 8c to 35c per pound, fruits and vegetables with multiple prices such as oranges 40c per dozen and tomatoes 50c per basket, detailing price ranges and item varieties for housewives.
A daily wholesale trade list from San Antonio details Texas products with current prices. Items include fruits vegetables eggs dairy canned goods meats and grains with per crate per cwt and per dozen rates and notes on packaging and delivery terms.
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