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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
May 11, 1911
Page
11
The cotton market opened steady with an 8.7 point rise on better cables. Prices fluctuated as bulls supported July while August hit a new season high, but overall gains remained modest amid unsettled early indications and forecasts of cooler weather in the western belt. Spot values held around middling uplands at 15.75.
The market opened steady with January at 12.93 and 94, March 13.00 and 03, May 15.50 and 51, July 15.65 and 66, August 15.31 and 32, September 13.59 and 60, October 13.05 and 06, and November and December at 12.94 and 12.94 95 respectively. Futures closed steady.
New Orleans May 11 Cotton futures opened steady with a 3.6 point advance on good cables as dry warm conditions persisted in the belt. A weather forecast showing unsettled cooler conditions later trimmed gains but the market remained quiet yet firm with 2 PM quotes 15 to 21 points above yesterday.
The report lists several futures with closing or asking quotes including May 15.47 for 650 contracts, June 15.56 for 58, July 15.64 asked, August 14.82 at $3, September 13.45 47, October 12.98 99, and December 12.89 90. The tone mirrors a market snapshot with varied activity across months.
May 11 Liverpool closing spot cotton quiet and 3 points down. American middling fair 8.89, good middling 8.57, middling 8.35, low middling 8.15, good ordinary 7.89, ordinary 0. For the day 8000 bales with 600 for speculation and export and including 6200 American. No receipts. Futures opened easier and closed quiet and steady with May at 8.09 and nearby months listed.
Spot cotton in New Orleans unchanged with 140 bales on sale and 200 arriving. Quotations show low ordinary at 11 15 16 cents, ordinary 12 1/2, good ordinary 14 3/16, strict good ordinary 14 9/16, middling 15, strict middling 16, good middling 15 13/16, receipts 6119 and stock 96556.
Spot cotton in New York on May 11 closed quiet and 15 points higher. Middling uplands priced at 15.90 cents and middling gulf at 16.15 cents per pound with sales reported at 1600 bales.
Memphis May 11 spot cotton unchanged at middling 15 3/4 cents per pound with the market holding steady and values stable for the day.
The Associated Press reports Houston cotton market shows 11 spot middling at 15.16? or 15.5 cents per pound, steady pricing for the day. Trade details remain limited to futures and regional quotes for 11 spot cotton.
In Memphis on May 11 prices for cotton seed products are listed by the Associated and include oil at 5.40 to 5.44 per unit and meal at 24 per unit. The bulletin also mentions hulls and meal by manufacturers and dealers.
The Associated Press reports cotton seed oil quotations in New York on May 11 with prices for May July and August futures shown around 6.26 to 6.41 dollars per hundredweight.
May 11 at Union Stock Yards shows cattle supply drained as 275 head billed direct to local packers. Cows steady to active with top $4 and calves to $5. hogs strong near $6. Receipts around 500 head, with beef cattle and heavy calves consigned by Union Meat Co. Mixed cattle from Nixon to Waring and horses from Tucson noted.
The opening showed large fluctuations in local traction issues as Interborough Metropolitan preferred slipped 1 percent and Brooklyn Rapid Transit rose. U S Steel advanced amid strong buying. Reading Union Pacific and other favorites gained. By midday volume rose then eased, bonds steadied as NY securities remained in demand and the market closed strong.
New York money market sees steady to stronger demand with ruling rate 2%4. Bid 2% and offered 2%. Time loans lift: sixty days 2% ninety days 2% and six months 3 3%.
The market shows ease in bankers' bills around 4 884 to 0, and commercial bills at 4 86 4 5. Bar silver quoted at 53 percent. Government and high grade bonds are reported strong. Railroad activity noted.
In New York trading, hides show steady demand while wool remains dull and rice holds steady. Market notes indicate quiet activity across these commodity sectors with limited price changes and subdued trading volume.
Fort Worth Texas cattle receipts total 1300 with calves 200. Beef steers mostly $4.60 to $5.00, stockers and feeders $4.00 to $4.60, cows and heifers $2.50 to $3.75, bulls $3.00 to $3.65. Hog receipts 2600 market steady, top $6.25, most sales $5.85 to $6.10. Sheep 559 sold at $4, overall market firmer on other lots.
Cattle receipts about 5500, market steady with bees $4.95 to $6.45, Texas steers $4.60 to $5.60, western steers $4.80 to $5.60, stockers and feeders $4.00 to $5.55, cows and heifers $2.40 to $6.50, calves $4.50 to $6.75. Hogs receipts around 18000, market strong to a shade higher with prices from $5.70 to $6.25 and bulk $5.95 to $6.10. Sheep receipts about 14000, market strong to ten cents higher. native $3.00 to $4.85, western $3.50 to $4.85, yearlings $4.60 to $5.60, native lambs $4.50 to $6.65, western $5.25 to $6.70.
Cattle receipts 2500 with native and southern grades showing steady markets. Hogs 11,000 head with steady to strong demand and prices mostly 5.90 to 6.02. Sheep receipts 6000 with markets steady. muttons 3.50 to 4.50, lambs 5.00 to 6.35, fed wethers 4.00 to 5.50.
Receipts total 2000 cattle including 400 Texans with steady market. Native beef steers 5.00 to 6.50, cows and heifers 3.50 to 6.25, stockers and feeders 3.00 to 5.50, Texas and Oklahoma steers 4.50 to 5.60, calves 5 to 10. Receipts 7000 sheep and cattle market steady. Sheep 3.75 to 4.35 for natives, lambs 5.75 to 6.25.
Reports describe violent clashes at polling places that were swiftly controlled. After the unrest, attendees went to McDonald’s where they had photographs framed, reflecting an unusual post election scene.
The Rathskellar on the 12 to 12 Oak Street shows good service and short orders. The Blue Cafe and Dr C E Tinkham dentist occupy Moore Building suite 422-423. Riebe Undertaking Co offers auto ambulance service at 221 FE Com, phone 341. A Collmann Plumber lists both phones.
A brief list notes new stock arriving: Jonathan apples lemons Florida tomatoes oranges potatoes bananas cabbage and grapes plus other vegetables under the Commission Co label with emphasis on fresh produce for sale.
May 11 forecast from SAN ANTONIO shows unsettled weather through Friday with showers and colder conditions. East Texas and the interior face similar unsettled skies, with a storm area over the upper lakes and northwest and cooler highs in northern Texas and the Rio Grande valley.
The season's first Texas watermelons arrived in New York on Friday and sold at 1.00. San Antonio market received its first consignment this morning, about six, selling on arrival at 0.75 each. Cantaloupes offered at 3.50 per crate. California cherries in refrigerator boxes at 3.60 per crate. expected 60 cents per pound for housewives. A petition to restore the old 5 o'clock closing law for San Antonio freight depots circulated among local jobbers, signed by 52, presented to railroad freight agents.
The article notes an overabundance of green vegetables curtailing provision trade with home garden beans selling at three pecks for a quarter. Texas corn and tomatoes are plentiful.
Market reports show hens in overstock with prices easing across varieties. Fresh country eggs quoted at 14 cents per dozen while butter brings 12 cents for good grades as demand remains weak. Baltimore canners warn Cuban and Bahamian pineapple crops are short, signaling lighter pack and higher prices.
Eastern onion markets run unusually strong this week while San Antonio remains lower. Farmers nearby bring heavy onion supplies causing market demoralization. Jobbers buy carrot shipments but demand is light for light consignments.
The stock of canned peas in the country is practically exhausted and jobbers are scrambling to secure priority from packers for early shipments of this year’s pack.
Canadian jobbers place heavy orders with American merchants as an American packer supplies 30 000 cases of No 3 tomatoes to Canada. Last year’s Canadian crop nearly failed and this is the first time Canada imports tomatoes from the United States. If demand remains, U S tomato supply may run short, with higher prices expected for the season.
The Pruitt Commission reports receipt this morning of a cargo of California naval oranges and a liberal shipment of the first California cherries arriving at the port.
Price to shipperless commission. Price to retailer Butter per pound 20c count butter 15c S Country dozen 15c Cheese Fancy cream 18c fancy brick 20c American Swiss 24c imported Swiss 31c Limburger 20c Badger State 19c Poultry Broilers 3.25 to 3.50 fe ers 6.00 to 6.50 hens 6.00 to 6.25 guineas dozen 3.25 to 3.60 ducks dozen 6 to 7 squabs dozen 1.25 to 1.50 geese 10.00 to 15.06 turkeys pound 16e local quotations page 13.
New York May 11 reports egg quotations with weakness noted as receipts reach 38,518 cases. Fresh gathered selected eggs from 1944 era provide context for price movements.
Yard price list shows storage packed firsts at 18 percent and 17 to 18 cents for fresh gathered seconds and checks. Pennsylvania state and nearby hennery brown 19 to 20 cents, plus do gathered brown and mixed redth western gathered white.
Quotations show butter steady at 16 21c, creamery products firm with daisies and pegs, cheese steady with daisies and twins listed. Potatoes steady 50 53c, poultry weak with live turkeys at 14c and dressed hens 25 28c. veal steady across weight ranges 60 pounds and under to 1110 pounds 7 9c.
Quotations today list butter at 18 cents for firsts and 16 cents for seconds, creamery at 2 1/2 cents, packing stock 13 3/4 cents. Eggs show extras 17 1/2 cents, firsts 16 cents, seconds 12 1/4 cents.
Quotations show steady butter at creamery levels 15 to 21 cents and eggs at 16 cents. Metal prices fall for spelter while poultry items vary with chickens 11 percent, springs 18 2 percent, turkeys 13 to 15 cents, ducks 11 cents, geese 6 cents.
Charles Downie of Sanderson visits Crockett hotel and praises cattle conditions. Range reports show good overall conditions, with shipments varied by town from Laredo to Amarillo. Oklahoma City protes ts Texas packing rate advantage as rail lines consider new rates.
Report on temperature rainfall and weather conditions for Houston district stations for 24 hours ending 8 o clock this morning. Includes 12 hour minimum temperatures and notes non use in averages for the Houston district.
The belt experiences generally fair weather with a touch of rain in Texas. Temperatures run near normal as the forecast notes at Greenville Texas rainfall measured 7.76 inches. Allen Buell signs off as local forecaster.
Wool prices in St Louis on May 11 show no change across grades. Medium combing and clothing wool bring 16 18 cents per pound, light fine 15 16 cents, heavy fine 12 14 cents, and tub-washed 16 28 cents.
Arrivals include Mercator Celba Nueces Montoso Rio Jane El Ori ente and Viator from New York via Key West and other ports. Cleared ships Brazos for New York. Sailed vessels City of Tampico Vera Cruz Brazos for New York.
Raw sugar grades show firm to steady prices with muscovado at 8.86 cents and centrifugal at 3.86 cents per pound alongside 89 test molasses sugar noted at 8.11 cents. refined goods remain steady in the market.
The May 11 report notes the print cloth market in New York was active with large sales at slightly higher prices. Demand grew for fine yarn cloths for converting, with contract sales underway. Jobbers were active and clothiers reported fair advance for fall.
The New York coffee market opened steady with a 2 point drop on November and mixed moves on other months, closing easy with a net decline of 5 to 12 points. Sales reached 24,756 bags as spot Rio No 7 and Santos No 4 quoted modestly, while Cordova traded nominally at 13 15c.
Unfavorable reports from Russia India and Argentina lifted Chicago wheat prices with July at 87% 88c. rains in the Dakotas Minnesota marginal. Corn and oats showed strength with July futures up from last night. hogs supported the provisions market as pork and ribs traded near last night levels.
Chicago May 11 Receipts and shipments today were as follows with totals for corn oats and rye across primary elevators and rail points in the city reported by the morning grain exchange figures.
Wheat receipts total 78 cars with 60 of contract grade. Corn 180 cars with 47 of contract grade. Oats 109 cars. Total wheat receipts today 240 cars across Chicago Minneapolis and Duluth, up from 186 last week and 177 on the same day last year.
Wheat prices show No 2 red at 96 cents and 954 percent, No 2 hard at CNT hea, No 1 northern around 1.03 to 1.05, No 2 spring 02. Corn sees No 2 and No 2 white HA at 55 cents, No 2 yellow 55 cents. Oats list No 2 white 34 to 35 cents, standard 34 to 35 cents.
Cash wheat gains lift No 2 red 94%5C and No 2 hard 97 99 cents. Corn and oats trend higher with No 2 track 54% and No 2 white 55 cents and $2 track oats. Nearby May wheat up with May 920 and July 86 cents. Corn July 62 and September 52. Barley and oats futures rise with July 32 and September ic.
No. 2 hard 88 97c No. 2 red 91 92c. Corn unchanged. No. 2 mixed 52 40. No. 2 white 52c. Oats unchanged. No. 2 white 32% 34. No. 2 mixed 31 32%c. Clogs: May wheat 88%c, July 84 %c sellers. Corn: May Sic sellers, July 60% %4 sellers, September 50 c sellers.
To Mr and Mrs H C Buckholtz a boy born May 4 at 102 Scott street To Mr and Mrs F A Perrenot a boy born May 10 at 111 California street To Mr and Mrs W M Teague a girl born May 8 at 124 East Cevallos street To Mr and Mrs Ben Hammond a boy born April 27 at 215 Fourth street To Mr and Mrs Gus Heye a toy born May 1 at 308 Nolan street
CORPUS CHRISTI Tex May 11 The city schedules a large outdoor gathering to teach children humane treatment of animals with numerous talks planned for next Wednesday night.
Notice of a small Jersey cow stray with brand Z. E. found near 310 Dallas oF ring. Owners or observers urged to contact the phone number 1786 to reclaim.
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