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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
May 09, 1911
Page
13
The cotton market opened steady with a 2.9 point advance as July set a new seasonal high on covering and strong cables. Old crop rallied briefly, then eased, while new crop offerings absorbed much of the late selling despite favorable western belt forecasts. Spot middling uplands cited at 15.65.
By the Associated Press May 9 in New York cotton futures closed steady and quiet with January at 12.80 81, May 15.47 48, July 15.57 58, August 14.98 99, September 13.44 45, October 12.98 94, December 12.82 83.
New Orleans May 9 Cotton futures opened steady with 2 to 7 point advances as dry warm weather across the belt offset strong cables. Early trading showed little price movement though old crops rose 7 points and new crops 2 to 3 points. By noon July gained 14 points above yesterday's close.
The report shows May steady at 15.41 46, June 15.47 48, July 15.54 55, August 14.63, September 13.33, October 12.87 88 with December at 12.80 bid.
Liverpool on May 9 reports a moderate demand for spot cotton with prices up about seven points. American middling fair quotes at 8.89 and good middling 8.59, with sales totaling 8,000 bales of which 7200 were American. receipts 19,000 with 11,900 American. Futures opened quiet and closed steady with several spread quotes listed.
Houston notes show spot cotton inching higher with middling grade quoted at 15 5 16 cents. Traders weigh supply signals and demand dynamics as weekly weather and crop conditions influence prices.
Spot cotton remained firm in Memphis on May 9 with middling grade at 15 3/4 cents. Advancements noted in futures and market activity steady as buyers and sellers evaluated current prices.
Galveston Texas May 9 spot cotton steady with middling at 16 7 16 cents. News notes market quiet as trading remains firm and prices inch upward on demand from buyers and distributors.
Crashes for fall opened and more cotton chambrays shown. Dress goods unsettled while cotton goods in print cloth division stay firm with fair demand. Yarns firm but quiet and raw silk quiet. Coffee futures closed steady with slight gains and spot coffee steady at No Rio 11 7 8c Santos 12 3 4c.
New York markets show hides dull leather steady wool quiet rice steady raw sugar firm refined sugar steady molasses steady. New Orleans rice market quiet with few sales and receipts of sacks. Honduras rough and clean Japan prices and quotients listed. Galveston shipping notes show arrivals and no outs.
New York trading opened with a drift to lower levels as fertilizer and some industrials sagged while Union Pacific Atchison and Reading fell to day’s lows. Gains appeared in Canadian Pacific Western Maryland and Erie and Southern Railway but overall activity remained cautious with bonds dull and steady and the market finishing weak.
San Antonio's election interest tops other Texas cities as cattle pens open with little trading. Only two carloads of beef cattle and one of stock cattle were offered. cows bring about 3.50 and calves 4.25, typical summer prices. No hogs were offered.
Today's cattle receipts total 2500 cattle 1500 hogs and light sheep offerings. Beef steers held steady while feeder and stocker steers rose. Calves advanced 25 cents from last week with two loads of drive-in steers from a local feeder topping the market at 5560 dollars. Most sales ranged 4 65 to 4 80. The dog run was slightly heavier and the day’s top reached 6 27 dollars.
St Louis live stock report shows cattle receipts 4500 with steady market native beef steers 5.00 to 6.65 cows and heifers 3.50 to 6.55 stockers 3.00 to 5.50 Texas steers 4.50 to 6.50 calves 5.00 to 8.75 hogs receipts 12 500 market up five cents pigs and lights 6.00 to 6.20 packers 5.40 to 6.10 butchers and best heavy 5.95 to 6.20 sheep receipts 2500 steady wast muttons 3.75 to 4.35 lambs 5.76.
Cattle receipts 10,000 with steady market including native steers 5.28 to 8.25 and southern cows 3.25 to 4.75. Hogs 19,000 with prices 5.85 to 6.05. strongest gains. Sheep 8,000 with lambs around 6.15 and muttons about 3.50 to 4.00. fed wethers 3.80 to 5.35.
Receipts for cattle estimated at 3000 with market steady led by beeves 5.00 to 6.50 and Texas and western steers 4.65 to 5.60. Hogs receipts about 13,000 with markets steady to five cents higher. light 5.96 to 6.25, mixed 5.85 to 6.20, heavy 5.70 to 6.15. Sheep receipts 15,000 with market strong. natives 3.00 to 4.70, westerns 3.25 to 4.75, yearlings 4.50 to 5.50, western lambs 4.25 to 6.40.
Nat Parks of the Southern Pacific notes disrupted Mexican shipments due to revolution but reports 8000 head driven overland into the U S. Fort Worth stock data show April receipts for cattle hogs sheep calves and horses, with packers buying and others selling. Texas hogs lead U S values, average price about 7.70 and total hog value near 25 million dollars.
A list of produce items includes Jonathan apples, Florida tomatoes, lemons, oranges, potatoes, bananas, and grapes. The text also references a fresh arrivals note and mentions a commission name in garbled form. This summary preserves the readable items and entities from the fragment.
San Antonio and vicinity expect fair conditions tonight and Wednesday. East Texas also sees fair weather. A weather system over the eastern slope of the Rockies brings generally unsettled conditions to areas west of the Rockies. Freezing temperatures are reported in Nevada.
Brokers on the local cotton exchange expect today the weekly government report will be favorable. R L Manlove and T J Lane serve as election judges with Nat Davis among those selected but eliminated. Reports from the cotton belt warn soil is wet, delaying planting for several days. Bulls show growing confidence.
Wagers on the exchange floor run high as the new crop is tallied. Some operators expect over 4,000,000 bales in Texas while noted bears like Bear Davis peg a conservative figure near 5,006,000.
In Waco Texas farmers report poor conditions with heavy rain hindering work. Only about 60 percent of the crop is planted as fields remain too wet to plant or weed.
A noted bull argues against optimistic Texas crop forecasts saying those predicting record yields are building castles in the air and that crop experts have already estimated acreage before any seed is planted.
A local operator received a letter from Alabama noting the boll weevil would not affect crops in Alabama and Louisiana this season. The message asserts broad confidence that the pest will cause no damage.
The article notes extensive replanting will be required in this section during the current year, signaling ongoing agricultural or roadway vegetation work and adjustments for seasonal planting plans.
It is claimed that in many Texas localities the land intended for corn has not been planted due to heavy rains and will instead go into cotton.
Reports note the Bears have spoken on increased fertilizer use yet provide no remarks on how the recent heavy rains affected fertilizer impact or distribution.
L Hersh of the local exchange announced rental of a cozy cottage at Corpus Christi for the summer and said he intends to retire into seclusion to fish and bathe. fishing is his sole business interest.
Pat White of Pferdmings-Preyer & Co. is developing a talent for fish stories. His letters to brother brokers in San Antonio are full of remarkable instances and describe a month on the bay shore with rode and line.
East region delegate Ed M. Goldstein speaks for the Southern Texas Truck Growers association during a regional meeting. He outlines industry concerns and cooperative efforts to advance truck farming and transportation efficiency.
René J. Muller departs the seventeenth for eastern points on business. He will be away from the city about thirty days and may go abroad before returning.
The report notes strong growth in Texas with high value assets and favorable natural conditions. It underscores Texas as a leading hot region, citing significant investment and long term income potential across industries.
Texas packing interests hope to stop Oklahoma packing houses from gaining a rate differential. Fort Worth citizens have telegrammed Senators Culberson and Bailey seeking protection of local interests. Oklahoma packing houses already received a 7 cent differential to match Wichita rates, while Fort Worth got an 8 cent offset that takes effect June 18. The interstate commerce commission hearing is anticipated with Judge Sam H. Cowan likely to testify.
Fragmentary AP text shows a terse market line with figures such as 5.27 and vague lead wording. No clear event or names are readable to identify a full item. The readable bits suggest a price quote or commodity reference but lack context.
The Galveston port reports over 900000 banana bunches landed this year requiring 100 fruit trains to move to markets from the Gulf to Duluth Buffalo and San Francisco. A third ship joins the Galveston Frontera line, and Mercator from Ceiba Honduras arrives with 29700 bundles, the largest cargo yet. Wages on the wharves total about sixty thousand dollars.
Weather improves this week aiding onion marketing though conditions are not ideal. Roy Campbell warned that continued rain could leave a fair share unharvested. About 60 percent of the crop has been sold at very favorable prices as the local onion market remains firm after a 10 cent price rise.
After nearly two weeks of slow cabbage shipments caused by low prices and wet weather, the movement has picked up. Ten carloads were sent last week, and over 200 carloads remain to be shipped.
Brownsville reports its first cantaloupes of the season aboard a ship and the first solid carload of cucumbers, marking a notable harvest milestone for the port.
A light cherry shipment from California to the San Antonio market is delayed for Monday arrival. The cherry season is reported late. last year the first box went April 20 and the first carload May 10. By now last year 1000 boxes had sold versus 20 this year.
The warm weather keeps the lemon market firm with little change in California. Most top lemons are heading to western markets where prices stay firm. Local receipts remain light and the fruit here is mainly standard grade. A modest rise in receipts is expected next week.
Local markets report apples confined to six firms with the trade shifting from barrels to boxed fruit. Prices remain high and profits slim, with a 25 cent weekly decline due to poor quality. Most offerings come from outside points, Baldwin varieties selling around 4.50 to 6.00 as demand stays limited by prices and hot week effects.
Butter steady at 16 21c for creameries, 13 18c for Daisies. Eggs steady with receipts 29 450 cases. firsts 16c, prime firsts 16 9c. Cheese steady with Daisies 12 4c, Twins 114% %e, Young Americas 12% 1%8c. Potatoes easy with choice 58 60c, fair to good 52 55c. Poultry live firm. turkeys 14c, chicks 13%c. Veal 50 60 lb 6 ec, 60 85 lb 6% 7, 85 140 lb 74 9c.
Quotations for butter and eggs published from Kansas City Kansas City on May 9 show creamery butter 21 cents, firsts 18 cents, ends 16 cents, packing stock 13 1/2 cents. Eggs extras 17 1/2 cents, firsts 16 cents, near ends 13 cents.
Quotations today show chickens at 11 1/2 to 11 3/4 cents, springs 19 1/4 to 24 1/4 cents, turkeys 18 1/4 to 14 cents, ducks 12 1/4 to 14 1/4 cents, geese 6 cents. Butter steady at 15 1/2 to 21 cents, creamery butter 15 to 21 cents, eggs steady at 15 cents.
St. Louis wool prices hold steady on May 8 with different lots quoted. Medium and combing grades ranged 16 to 18 cents, light fine 15 to 16 cents, heavy fine 12 to 14 cents, and tub-washed 16 to 18 cents.
New York May 9 market recollects the Northern Pacific panic ten years ago and recalls May 9 1901 as a key date in stock market history. Northern Pacific stock surged from 25 cents in 1896 to $1000 a share while the general list plummeted.
Palestine Texas county commissioners set a June 24 vote on issuing 150000 bonds to fund road improvements in the Palestine precinct. The action unites local officials and residents around a transportation project expected to boost regional access and commerce.
Jose Guerra stands before a federal jury today charged with larceny from the United States mails. The San Antonio man, employed by a transfer company, allegedly opened mail parcels on November 17, 1910 along the Aransas Fass road and removed articles from the packages.
Five individuals are listed with burial permits. Ana Maria Ferisa de Rodriguez aged 55 died May 7 at 124 West Elmira street. Inez Berry aged 9 died May 7 at 507 Grayson street. Mrs Sam Felomena Battaglia aged 51 died May 7 at 414 Guadalupe street. Mrs Mary ONeill aged 53 died May 7 at 617 East Crockett street. Jessie Burnett Julliff aged 2 died May 7 at 312 South Mesquite street.
To Mr. and Mrs. Herman Fette a girl born April 27 in Muenster Texas. To Mr. and Mrs. Ben Ely a boy born May 6 at 87 North Comal Street. To Mr. and Mrs. C Marr a girl born May 7 at 410 North Santa Rosa Avenue. To Mr. and Mrs. Luiz Torres a boy born May 1 at 416 North Laredo Street. To Mr. and Mrs. EB Gaona a girl born April 30 at 15 North San Saba Street. To Mr. and Mrs. L Monier a girl born May 6 at 209 Omaha Street. To Mr. and Mrs. S N James a boy born May 6 at 116 Sandoval Street. To Mr. and Mrs. L Schasberg a girl born May 4 at 298 Gig but. To Mr. and Mrs. A Leon a girl born May 7 at South San Marcos Street.
The Geo. Sgitcovich Produce Company received several crates of East Texas berries and six crates of cantaloupes this morning. The Pruitt Commission Company received a carload of potatoes.
Price to shipper and commission listed for butter eggs cheese and poultry. Butter per pound 20c country 15c. eggs 165c per dozen. various cheeses 8c–24c. poultry broilers 8.25, fryers 3.50 to 3.25 per dozen, squabs 1.50. and other items with incomplete entries.
Long Tom Hughes, with Washington, targets the American League runaways the Yan kees. He spent last year with Minneapolis amid manager doubts over his steady performance.
In a brief report the players Gandi and French attempted to prove the national commission owed by Com iskey but failed. The man Commy treats roughly has not even born.
Rains in the northwest and forecasts of more rain pressured wheat prices. The government report being less bearish than expected limited the decline. July wheat opened lower and fluctuated around 87 to 88 cents, with declines in later trading. Corn and oats showed mixed movements amid overall softer commodity trading. Hog products weakened as offerings rose, with cash wheat and corn prices listed for various grades and futures.
Chicago grain movement shows receipts and shipments today as detailed data. Market activity focuses on indicated tonnage and transport flow through the city.
Receipts today total 130 carloads of wheat with 79 in contract grade, 874 carloads of corn with 98 in contract grade, and 219 carloads of oats. Total wheat receipts at Chicago Minneapolis and Duluth unspecified compared to 226 last week and 166 a year ago.
The report shows cash wheat holding firm with No 2 hard at 89 97c and No 2 red at 90c. Corn slips 1c with No 2 mixed at 524% 44c and now white 52c. Oats mostly steady to down ½c with No 2 white 3244 33%c. Wheat near 86c bid for May1069. July 820 bid. September 81%c bid. Corn May 49%c sellers, July 49c sellers, September 49%c bid.
Prices fall across grain futures with cash wheat weak and corn and oats lower. Track and futures quotes show declines for May and July contracts as traders adjust expectations amid softer wheat, corn, and oats signals.
A brief dated note shows a basis of 5.2008 with a 34 percent figure, indicating revised pricing or quality metrics for cotton seed products. The readable fragment references a baseline value and percent change in a trade or production context.
Cotton seed oil prices reported in New York on May 9 show varied figures with several oils in the $6.19 to $6.41 range. Notable entries include Bessy at $6.32 to $6.37 and Bent at $6.33 to $6.40, reflecting a fluctuating market.
Close prime mercantile paper sits at 3 4 percent with steady exchange and actual business. Bankers bills at 484 50 for 60 day bills and 486 40 for demand. Commercial bills 4 83 percent. Bar silver 63 cents per ounce. Mexican dollars 45 cents. Government and railroad bonds hold steady.
New York May 9 money on call at 2% to 4% with ruling rate 2% and closing bid 2% offered at 2% time loans active six month bills at 3% and 90 day bills at 2% six months 3 percent.
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