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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
May 05, 1911
Page
17
The New York cotton market opened steady with an advance of 1.3 points on old crop, then fell 1 to 8 points before midday. By afternoon old crop recovered to 4 points up, new crop up 6 to 9, and July near the day’s high as traders priced in weather, storm concerns, and larger spinner takings in Liverpool. Spot middling uplands quoted at 15.35.
The Associated Press reports New York cotton futures trading steady with January at 12.76 77, March 12.86 87, May 15.21 22, July 15.24 25, August 14.66, September 13.39 40, October 12.88 4, December 12.77 78. Open and close figures appear varied across months with several slight shifts.
Cotton futures in New Orleans opened steady with old months up 2 points and new months 2 off. Weather showed little rain and near normal temperatures, supporting a late morning rally as reports of heavier replants and delayed planting emerged. By noon, old crop futures rose about 7 points and new crops around 6 points, closing 8 to 16 points higher.
In New Orleans on May 5 cotton futures opened steady with bids and asks listed for several months. May 15.24 bid June 27 29 July 15.28 bid, 14.45 asked, September 13.32 October 12.85 86 December 12.79 30.
Liverpool May 5 closing cotton prices dull with 5 point drop. American middling 8.77, good middling .45, middling 8.28, low middling 8.03, ordinary 7.77, ordinary 7.52. Sales 7000 bales, 1000 for speculation and export including 6600 American. Receipts 5100 all American. Futures opened steady and closed near firm with May to March futures listed from 7.97 down to 6.80.
Liverpool shows middling receipts with 17,000. New York quiet at 15.45 to 15.451,811. New Orleans firm at 15.5 to 15.161,470. Houston steady around 15.3 to 16. Galveston firm at 16% with 283 noted.
By the Associated Press Memphis reports cot ton prices steady and unchanged as of May 5 with markets showing little movement and buyers awaiting further developments.
Houston report notes spot cotton prices steady with greeady reading unchanged at middling 153 and one quarter cents per pound. Traders observe quiet demand and stable futures influence as sales pace remains slow.
New York cotton market ends May 5 with gains of 10 points on middling and middling gulf, quotes at 15.45 and 15.70 respectively for 1311 bales bought.
New Orleans market summary notes cotton spot closes at one to one sixteenth higher on certain bale sales in the May 5 session. Trade activity shows buyers active with steady demand across grades, while futures movements remain cautious ahead of weekly commodity reports.
New York stocks opened with a sharp recovery from yesterday's weakness and maintained gains across most of the list. Union Pacific and Canadian Pacific rose a point, Reading and U S Steel plus Amalgamated Copper and American Beet Sugar each edged higher, while International Harvester climbed two. Reading slipped later, Canadian Pacific fell, and overall activity slowed with an easy close and bond firmness.
New York on May 6 reports prime mercantile rates at 3 1 2 4e and sterling exchange around 8. Bankers' bills quoted 484.50 for slaty day bills and 486.465 for demand. Government bonds steady and railroad bonds firm amid overall unsettled market tone.
Money on call remained steady with rates around 2 1 4 to 2 1 2 cents. Ruling rate 2 3 8e, closing bid 2 1 8 cents, offer 2 1 40. Time loans firm at sixty days 2 1 2 1 4 cents and six months at 3 cents.
The document lists bid and ask figures for spot cotton and futures with grades including low ordinary and strict good middling. It records receipts totaling 25,34 and stock at 106,714 for market accounting.
Heavy rains and hailstorms have ruined cotton plantings in this district and replanting will be necessary, with officials assessing damage and planning remedial work.
Union Stockyards at May 5 reports light receipts and a slow market after a brisk opening. Cattle and calves mostly steady with cows at 3.00 4.25 and best calves 4.50 5.00. Hogs 5.75 6.25 top, bulk 5.75 6.00. Carload shipments from Sabinal and Hebbronville moved to Fort Worth and San Antonio.
Trading on the Fort Worth cattle market was sluggish with light receipts. Cattle 1250 head and 30 calves. cows sold 3.40 to 4.10. grass fed steers 4.40 and 4.55. stockers steady. Hogs 1600 head, unchanged to five cents lower. best hogs 5.75 to 5.95, top 6.10, up five cents from yesterday.
May 5 Kansas City market receipts Cattle 1000 Hogs 6000 Sheep 3000 with mixed bids and strength in sheep Muttons 3 50 to 4 50 lambs 5 00 to 6 10 and steady hogs while cattle ranges show native steers 5 25 to 6 10 western steers 4 75 to 5 90 native cows 3 00 to 6 00 and stockers 4 76 to 5 75 reflecting a varied cattle market snapshot.
Receipts total 900 cattle including 100 Texans with steady market. Native beef steers and cows and heifers priced from 3.50 to 6.55, stockers 3.00 to 5.50, Texas and Oklahoma steers 4.50 to 6.50, calves 5.00 to 6.75. Hogs receipts 11,000 with steady market. poor to lights 6.00 to 6.60, packers 5.00 to 6.00, butchers and best heavy 5.80 to 6.00. Sheep receipts 500 with steady market. muttons 3.75 to 4.55, lambs 5.75.
May 5 Chicago market reports cattle hogs and sheep receipts and price ranges. Cattle receipts around 1500 with strong demand. hogs about 18000 with weaker demand. sheep around 5000 with steady tone. Cattle ranges include Beeves 5.00 to 6.40, hogs mixed and heavy limits 5.50 to 6.90, sheep native 3.00 to 4.65 and lambs 4.25 to 6.25.
Liverpool reports weekly cotton figures with imports totaling 16 000 all kinds and 11 000 American. Stock levels stand at 962 000 all kinds and 837 000 American. American forwarded 65 000 and total exports come to 104 000.
Price report from Memphis shows prime seed oil at 6.20 to 6.27 dollars, meal at 23.76, and prices for Sains 3 1/2 to 4 1/2 in the May 5 bulletin.
Edward Von Jess died in San Antonio Texas on May 5 1911 at 12 10 a m He was the son of Mr and Mrs Alfred Von Jess aged 3 years 10 months 4 days The funeral will be at his home corner two and South San Jacinto streets at 3 p m May 6 1911 Interment in Mission Cemetery Friends attendance appreciated
Forecast for San Antonio and vicinity tonight and Saturday calls for fair skies with rising temperatures. East Texas will be generally fair with warming temps, while regions east of the Rockies remain under high pressure with cool, fair conditions. A storm area over the plateau brings unsettled weather in mountain districts and Pacific states with rain in Oregon and no freezing temperatures expected.
The local egg market remains strong around 16 cents as demand stays heavy and supplies shrink. Shippers are advised to ship liberal quantities while farmers report a 25 percent drop in hen stock, with Easter demand sustaining prices. Feed prices are firm and earlier stated gains in wheat and corn are noted. Old potatoes stay firm as new stock arrives, and Michigan rurals edge up. Army posts buy heavily from open market helping wholesale district prosperity.
Green peppers eased to 1.76 for six baskets on Monday and 1.00 this morning fading by 75 cents per crate. Cucumbers sank to 0.90 per bushel from an early 1.25 quotation as supplies rose.
Texas corn arrives in liberal quantities with a quote of 40 cents per dozen ears. This suggests retail prices near 60 cents per dozen, easing supplies for households.
A bootleg price list shows brick at 20c, American Swiss 24c, import ed Swiss 8lc, Limburger 20c, State 19c. Poultry figures list broilers 3.25 to 3.50 per unit, fryers 6.00 to 6.50, hens 6.00 to 6.25, kidneys none, geese 10.00 to 15.00 per unit, ducks and squabs per dozen, turkeys 16c per pound.
Quotations in Chicago on May 5 show butter and cheese steady with creamery prices at 16 210 and daisies 13 18c. Eggs steady at 13 16c, receipts 20 695 cases. Potatoes midrange 60 62c, fair to hogs 56 BhSc. Poultry livd rates Turkeys 146, Fowls 14c. Veal steady across weights 50 60 lb at 6 ½c, 60 86 lb at 6 7c, 85 110 lb at 7 9e.
May 6 market notes show dull lead at 4.27 percent and muted prices across items. Spelter quiet at 5.27 cents. poultry ranges include chickens 12 cents, springs 28 cents, turkeys 15 cents, ducks 14 cents, geese 6 cents. butter steady at 15 to 21 cents. eggs higher.
New York market report notes egg quotations steady with receipts at 32,619 cases. Fresh gathered storage packed firsts show 17 percent, regulars at 17 percent. prices in the 19 and 18 cent range as market activity continues.
Kansas City reported produce prices with butter at 19 cents for firsts and 16 cents for seconds, packing stock at 18 cents and extras at 17 ½ cents, with firsts at 16 cents and seconds at 15 ¾ cents.
The notice requests patrons to have their suits cleaned the same day at New Ark Star Dye Works, urging prompt service.
Ranchman W A Pettus registered at the Maverick hotel reports strong range conditions across the country. He fears Texas may have more grass than last year but fewer cattle, yet sees grass and cattle balance as better than a drought scenario with more cattle and less grass. The mood is cautiously hopeful about cattle ranges this year.
The local market reports higher demand for cabbage while supply remains tight. Brownsville has nearly stopped cabbage shipments due to persistent rain and poor market prices.
Very little cotton seed oil or cake remains at mills in Texas and Oklahoma and the market is nearly at a standstill. Remaining supplies are priced above what buyers are willing to pay.
This morning the Pruitt Commission company received a carload of bananas and two carloads of potatoes. Overall the week shows slow out-of-town robbery-related activity, with farmers cutting fruit orders as they trim expenses. City trade remains brisk and jobbers report satisfaction.
George W. Saunders of the Saunders Commission returns from Christine reporting better conditions than in years. Cattlemen are in high spirits as herds fatten rapidly and cattle grow fattening fast.
A period price sheet lists butter at 200 per pound to shipper and 15 cents per pound to retailer, eggs at 15 cents per dozen, and fancy cream cheese at 18 cents per unit.
John R. Banister chief field inspector of the Cattle Raisers Association of Texas is in the city for a few days. He says he never remembers seeing things so promising and that 1911 will be a banner year in the livestock industry in Texas. Banister will leave in a couple of days for the West.
Readers note new shipments including Jonathan apples, Florida tomatoes, and lemons arrive for the season. Local markets announce availability from growers such as Lanna Jenes Wes Endall Verstables and Pruitt Commission SO.
A reader challenges free trade for cattle arguing surplus markets should not open to all nations. The piece questions consequences for beef prices and producers, noting the Taft cattle ranch near Gregory will again be in the limelight.
Temperature rainfall and weather state for the Re run district stations for the past twenty four hours ending at 8 o clock this morning. Reports show minimum temperature for the last twelve hours and note that data is not used in computing Houston district averages.
Local forecaster Allen Buell reports fair weather across the belt with temperatures below normal for the period. No active weather hazards are mentioned and the outlook remains tranquil.
The Secretary of War Dickinson plans a short visit to the Maneuver camp this summer. It is also possible Taft may join him later if his duties at the special session of Congress allow.
A U S Consul at Matamoros reports active cattle export from Mexico to the United States. Five lots totaling 852 head were driven to Brownsville over the new bridge as Texas buyers arrange imports. Beef cattle fetch high prices. mule and goat exports have also risen, signaling growing cross border trade.
BE. M. Tarns of Campbellton ships 16 carloads of beef cattle to the Fort Rag ry market. This is only a part of a larger shipment. he plans to follow with more cattle in the coming days.
Top cows posted a $4.50 score yesterday, compared with a $4.25 top at Sort Worth, reflecting market activity in regional stock sales.
Chicago May 5 Fair skies in Minnesota and the Dakotas lifted wheat prices on the Chicago board as spring crops lack rain. European market strength and small Argentine shipments supported gains. May futures rose to 89 3/4 cents and July to around 89 1/2 cents. Corn offerings were scarce and oats moved higher on wheat strength. hogs weakened futures so provisions eased with July pork near 14.90 dollars.
Grain shipments in Chicago moved today with varied totals across ports and firms. Declines and gains appeared mixed, reflecting shifting demand, rail congestion, and weather conditions impacting delivery schedules.
Chicago market receipts show 40 cars of wheat including 7 contract grade, 221 cars of corn with 62 contract grade, and 120 cars of oats. Today’s wheat receipts at Chicago Minneapolis and Duluth total 1 car, down from 163 yesterday and 147 on the same day last year.
May quotations show cash wheat mixed with No 2 track red at 95 to 97 cents and No 2 hard at 93 cents. Corn futures drift higher with No 2 track at 65 cents and No 2 white at 55 cents. Oats hold around 34 to 34 and a half cents. May and July positions show gains.
Chicago price notes show Cash wheat at No. 2 red hard 98 to 98%c, No. 1 northern 1.03 to 1.05 dollars, No. 2 ern 1.02 to 1.04, and Corn at No. 2 white 55 to 54c. Other grains include No. 2 and 2 white 65c, No. cee 65c, and Oats No. 2 82% to 84%c with Standard 33% to 34%c.
Wheat futures edge higher with No 2 hard around 91 98 cents. No 2 red near 92 cents. Corn advances with No 2 yellow about 50 to 52 cents. Oats hold steady near 50 cents. May close 89 to July 83 5 cents.
To Mr and Mrs J Cervarites a boy born May 2 at 104 North Paloma Ney To Mr and Mrs W Anderson a boy born April 27 at 543 Wessex street To Mr and Mrs A J Campbell a child born at 1421 Avenue B To Mr and Mrs H A Wolff a girl born April 24 at 437 Lopez street To Mr and Mrs BE J Collins a boy born April 24 at 214 Cadwallader street To Mr and Mrs Edward Kamp a boy born May 1 at 449 Lombrano street To Mr and Mrs I Warr a boy born May 3 at 518 Burnet street
A fragmentary list shows burial permits for several deceased individuals with ages ranging from 2 to 72. Names include Mrs Philicity Pape, Joseph Di Carlo Jr, Emeterio Gonzales, Dorin, Montéiongo, Clara Lopez Quevas, Julian Perez. Addresses accompany most entries, with dates noted as May 3 or May 4.
A terse ad notes we guarantee all work and urges readers to ask cleaner if they do. The line references New York Dye Works as the presumptive business or brand behind the guarantee claim.
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