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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
May 13, 1914
Page
9
New York May 13 The stock market opened dull with little sign of awakening from lethargy. West Maryland fell 2 points to 20, its lowest since the 1909 corporation formation. Fluctuations were narrow, bonds steady, trading hesitated, and the market closed easy after a brief liquidation pause in low priced stocks.
New York report shows call money available at 1 to 2 percent with bids at 1 percent for the ruling rate. Time loans hold at 60 and 90 days near 2 percent and six months around 3 percent.
May 13 Mercantile paper at four percent, sterling steady, open at 4.495.365 demand. Commercial bills at 4.84 percent. Bar silver at 58.5 cents, Mexican dollars at 45.5 cents. Government and railroad bonds steady.
Lead and copper markets show quiet trading with spot and futures in narrow ranges. London prices for lead spelter and copper are listed with several futures quotations and a Cleveland warrants figure noted.
A Harvard University graduate school of business administration professorship in railroading is nearly funded to 125000 dollars with 100000 pledged to honor James J. Hill. The plan aims to raise total endowment to 250000 dollars for construction in railroading, started by Howard Sliott Robert Bacon and Thomas W. Lamont.
TOKIO May 13 retires on the reserve list Admiral Count Yamamoto and Admiral Ban Saito Count Okuma, the premier, says the disciplinary action follows their negligence and ignorance of the illicit commerce system.
A fragment lists multiple business ventures seeking incorporation in Texas. The entries include Fort Worth Building & Loan Association with $500 000 capital stock and The China Creek Oil Company with $50 000, plus Donnell & Power Company of Rockmorton with $140 000 and Texas Moline Company of Moline with $100 000. Also named are Trinity Savings Investment and Kane Channel & Dock Company of Galveston, each with $250 000 and $50 000 capital stocks respectively, and the State Humane Society with no capital stock.
Denver May 18 court martial ordered by Adjutant General convened today. Charges of murder arson looting and larceny against members of troop A and company B Colorado National Guard stem from the Ludlow battle and fire of April 20. Hearings are public. Rebuilding Ludlow Tent Colony Trinidad May 13 rapid progress on site behind old colony destroyed April 20 in battle and fire. Proclamation enforcing disarmament goes into effect at 6 o clock this evening. Arms surrendered by strikers fewer than officials expect.
In Galveston Texas May 13 the Knights of Columbus adjourned after a harmonious convention selecting Galveston as the next meeting place. Joseph P. Landry was elected state deputy and other officers named. John R. Young and Nelson Lytle will attend the national council at St Paul next July. A fisherman Albert Killi drowned when a boat capsized near a dredge pit while fishing with John Francovich.
Adjutant General Hutchings calls back all state troops stationed at border points after Fort Sam Houston reports that federal troops are now stationed at Harlin gen San Benito Mercedes Donna Mission and Sam Fordyce.
Cotton region bulletin for twenty four hours ending 8 a m May 13 1914 notes unsettled weather across belt. Eastern area warmer than normal western cooler. rainfall reported from multiple towns including Alice Valley Junction Palestine Beeville Columbus Riverside Galveston Luling Huntsville with heavy totals at San Antonio Pierce Brenham and 5.40 inches in Houston. Allen Buell local forecaster.
Observations at 8 p m. local time. Forecast until 7 p m Thursday calls for San Antonio and vicinity to have fair and warmer conditions. East Texas to be fair and warmer. slight missing precipitation yesterday totaling .12 inch, with 7.94 inches since January 1 and a deficiency of 1.61 inches.
The grocer jobbers announced an advance of 10 cents per hundredweight in fine granulated sugars with retailers paying 4.65 dollars per hundredweight and some offering a 5 percent cash discount. Sugar demand is reportedly 650 percent higher than two months ago as crop prospects abroad weaken and US cane acreage stays below last year due to tariff effects.
Chicago market report notes butter at 26 cents per pound, eggs at 22 457 cases receipts, standard firsts and daisies quoted with slight percentage changes. Longhorns and potatoes prices appear with varied classifications and car counts, poultry alive prices and fowls at 17 cents per pound.
Market update shows Anne York noting slight firmness in coffee futures with July at 862 and December at 9.03 as spreads hold despite cautious trading patterns.
Quotations today show butter egged and creamery at 18 2éc higher. Receipts 27 931 cases with various firsts quality noted. Cheese unchanged. Potatoes unchanged with 35 car receipts. Poultry alive higher with fowls up 1c.
Quotations today list butter prices with creamery at 28c firsts 21½c seconds 18 packing stock 16½c Eggs show firsts 1c seconds 16c Poultry prices for hens and springs at 15c.
New York May 12 raw sugar firm Molasses sugar two forty nine a pound and centrifugal three fourteen. Refined sugar steady with cut loaf sixty five and five. crushed four ninety five. mould A four sixty. cubes four twenty. powdered four ten and four oh five. fine granulated three ninety five. diamond A three ninety five. confectioners A three eighty five. No one three seventy nine.
Raw sugar held firm as molasses hit 2.55 and centrifugal 3.20. Refined sugar remained steady to up to 10 points, with leaf 5.05, crushed 4.95, mould A 4.60, cubes 4.25, XXXX powdered 4.15, powdered 4.10, fine granulated 4.00, diamond A 4.00, confectioners 3.90, No 1 3.80.
Receipts: hogs 9500 higher, price range 7.00 to 8.55 per cwt. Cattle 9700 with 900 Texans, steady. Native beef steers 7.50 to 9.25, cows and heifers 4.25 to 9.00, stockers 5.00 to 8.00, Texas/Indian steers 5.75 to 8.00, cows 4.50 to 6.65, native calves 6.00 to 10.50. Sheep 3500 steady. Sheared muttons 4.75 to 5.59, sheared lambs 7.00 to 7.90, spring lambs 9.00 to 9.75.
Three and a half inches of rain caused Cottonwood Creek to overflow flooding lower city areas in Bay City Texas. Water reached the first floor of a riverside hotel and schools were suspended. Local authorities warn of continued risk as cleanup begins.
Acting under the last Legislature the Texas State Humane Society dissolves its old charter and obtains a new one with no capital stock. The charity now aims to protect women and children and prevent cruelty to animals and to operate a state organization. Incorporators include Mrs. S. B. Moreland John G. Palm and J. Gregg Hill. Directors include Mrs. O. B. Colquitt Mrs. Presley K. Ewing James Anderson R. G. Howe J. E. Farnsworth Cullen F. Thomas and Mrs. Kate Rotan.
Venezuelan revolutionists believed to move from British Guiana frontier seize Imataca and Tucupita on the Orinoco river. The customs collector at Imataca is jailed and an official at Tucupita was shot. American and Canadian interests operate at Imataca.
Austin Texas May 13 plans were laid by the Austin Chamber of Commerce for a massive celebration of the San Antonio Austin highway success. Attending were Judge J R Wilhelm county judge Hays county M B Raley San Marcos Commercial Club secretary Judge Stein Comal county and D E Colp of San Antonio among others.
Stockholm dispatch says the Nordenskjold expedition may have been killed by savages in the Amazon region. A Bolivian missionary cites a companion’s words that Nordenskjold and his party were massacred after Santa Ana was mortally wounded.
In Oklahoma City the general conference of the Methodist Episcopal Church South decided to keep the apostles creed containing the phrase the holy Catholic Church. The committee on revivals had recommended dropping it and substituting the Church of God, but the motion failed. Vote by orders showed clergy 74 to 84 for the proposal and lay 84 to 58 against it.
At Union Stock Yards on May 13 the market saw only 65 cattle 8 calves and 35 hogs on hand as heavy rains delayed trains. Yet official tallies showed 1234 cattle 50 calves 4 horses and 35 hogs arriving, many en route to other markets. Sheep prices rose across Fort Worth and northern markets while cattle held steady and hogs firmed.
May 13 Fort Worth market notes cattle receipts 4300 head calves 300 hogs 2000 sheep 6500. Fat steer trade active and steady. medium stocker and feeder sales slow. Hogs opened steady then 6 to 10 cents lower. best hogs 8.30, bulk 8.10 8.25. Sheep and lambs mixed with pressure from Kansas City price gains, trade slow at steady local quotes.
May 6 market notes steady with bulk prices for hogs at 8.25 to 8.32, pigs 1800-2000 pounds. cattle receipts around 3000 head with primes at 8.50 to 9.20, dressed beef 7.60 to 8.50, southern and dairy grades steady. Sheep receipts 12,000 head show lambs rising to 6.50 to 3.00 per unit and yearlings 5.75 to 6.50, wethers 5.25 to 6.75, ewes 4.50 to 5.30.
Chicago May 13 hog receipts 29 000 head market steady with bulk sales 5.35 to 8.40 lights 8.25 to 8.47% mixed 8.20 to 8.60 heavy 7.95 to 8.42% rough 7.95 to 8.10 pigs 7.30 to 8.30 cattle receipts 14 000 steady beeves 7.40 to 8.50 steers 7.10 to 8.20 stockers and feeders 6.25 to 8.50 cows and heifers 3.80 to 8.70 calves 7.00 to 10.50 sheep receipts 18 000 market strong sheep 5.25 to 6.00 yearlings 5.55 lambs 6.35 to 8.16 springs 7.50 to 10.00.
Spot cotton closed unchanged with Basin middling at 13⅙ cents. Today’s sales totaled 1,007 bales on spot, 400 bales to arrive, and 100 bales delivered on contract.
New York cotton prices opened 3 to 5 points higher on renewed buying as Liverpool firmness and Southwest weather drew demand for long positions. The advance faded with local selling and favorable weather easing gains, old crops down 3 to 4 points, new crops steady to unchanged. Otto Magnus former member dies prompting a Liverpool noon adjournment.
General Navarette urges denial of Mexican offensive plans claiming all moves paused under armistice. Outposts near Vera Cruz number under 3000 troops, with no immediate threat to American lines. American consul accelerates evacuation and Vera Cruz postal workers consider sorting mail for Mexico City and interior points.
New York May 13 cotton futures opened steady and mixed around last night’s close with May at 12.78 cents, July at 12.45 and October 11.78, then settled 3 to 9 points lower as day quotations were listed.
New Orleans May cotton opened with a 4 to 6 point advance as demand showed some strength. A fair amount of business moved in the first hour but by forenoon trading softened with setbacks of about one point on September and 4 to 6 points on other months.
New Orleans May 18 futures opened steady with gains to 4 points but closed 2 to 6 points lower. Quotation set shows May at 13.06 cents, July at 12.84 cents, October unclear, with day highs and lows not fully readable and the close around 11.79.
In Liverpool on May 13 the cotton market shows firm prices for good middling at 8.094 and middling 7.474, low middling 6.99. Total sales reach 12,000 bales with 1,000 bales for speculation and export and receipts at 1,000 bales.
Mexico City correspondent reports spies abroad and frequent arrests of Americans and Mexicans. Huerta's fall is anticipated by local observers through revolution or Villa defeat, while Britain backs President Wilson's restrained, patient Mexican policy.
Financial listing from Liverpool shows futures rates with July August at 6.88 percent, August September 6.73, October November 6.40, December January 6.31, and January February 6.81 percent. The figures appear slightly steady across the period.
Spot cotton on May 13 was unchanged in New York at 13.20 cents. New Orleans and Houston postings show middling at 13 cents and 18 cents respectively, with Galveston at 18 1 2 cents. Liverpool quoted 1.474d. A small report references 226 bales on hand to arrive with no deliveries.
Mexican federal troops evacuate San Blas a port mid way between Mazatlan and Manzanillo. Huerta ordered forces to Mexico City. An American, Walter Neal, wounded near El Favor mine, is aboard the Maryland at Mazatlan. Desultory firing continues at Mazatlan. In Washington, General Funston reports the death of Maurice Welsh, a private, from a fall at Vera Cruz.
Galveston Texas May 13 cotton on the market closed higher with basis middling. Spot sales accounted for 13% of activity, totaling 4814 bales sold for immediate delivery with 173 bales to arrive.
General Carranza plans to stay near Saltillo after Durango and Tampico appearances. U S consul George C. Carothers arrived in Torreon with his family and is said to escort Constitutionalists toward Saltillo.
New York City to supply the second quota of Red Cross nurses for front line service. Miss Annie Rhodes says each large city should furnish 61 nurses if U S needs demand more troops, with New York identified as the initial city to contribute.
Chicago May 13 Wheat sagged on reports of advanced Southwest winter crop growth and then rallied on Hessian fly damage and foreign demand. Corn saw minor gains amid overall market shifts while oats and other grains faced pounds and declines. Cash prices quoted for standard and No 2 grades reflected fluctuating session activity.
Quotations listed for cash wheat and oats in St Louis on May 18. Prices show Veal 2 red at 95 to 96 cents, No 2 hard 92 to 95. No 2 white 72 cents. Oats No 2 39 to 39 1/2 cents. No 2 white oats around 41 cents.
Kansas City May 13 Farm market quotes show No 2 hard wheat at 88 to 90 cents, No 2 red wheat at 07 to 20 percent above, corn with mixed bids around 73 to 74 cents, No 3 at 72 to 73 cents, oats values listed as No 3 mixed about 39 to 39 1/2 cents.
Kansas City market note shows grain futures flat with Wheat May at 86 1/4 cents and 80 3/4 duty, Corn May 70 3/4 and July 68 1/4, Oats May 81 1/4 and July 38 7/8 cents.
Cotton seed products in Memphis on May 14 show prime basis figures with meal at 27 and linters around 2 percent. New York quotes cotton seed oil futures steady with spot near 7.10 to 7.12 and various months from June to December trading, total sales listed as 6000.
New Orleans reports steady prices for rough and clean Honduran and Japan rice and bran. Receipts include 278 sacks rough, 3200 pockets clean. sales show Honduran at 1.5 to 1.6 dollars and Japan at 1.60 to 3. A.M.
Marine intelligence from Galveston notes arrivals and arrivals of several ships including Earlswood and Régsario and departures of Norman Bridge and Jemeins. In Laredo officials say the Monterey repair train has reached Rodriguez to fix the bridge and telegraph lines with station operators guarded by soldiers.
Boston May 13 Governor Walsh signed a bill allowing policewomen to be appointed in cities and towns statewide. The measure enables municipalities to hire women for policing roles.
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