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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
May 15, 1914
Page
16
The market rose in early trading as bullish leaders capitalized on stock scarcity. Steel led gains while bonds stayed steady, with most prices above yesterday's close. Late trading showed selling realizing profits and the market closed easy. Call money was steady around 1 1/2 percent, with time spans stronger at 2 1/2 to 3 3/4 percent.
Mercantile Paper New York reports firm sterling exchange with quotes in 66 day and demand at 485.50 and 488.30 dollars respectively. Bar silver priced at 58 and Mexican dollars at 45. Government bonds listed as week, railroad bonds noted as irregular.
In New York trading on May 15 lead prices drifted between 3.55 and 3.95, spelter steady at 5.10 to 5.20, copper firm with electrolytic at 14.00 to 14.12 and spot 34.35 to 34.50, July 3.10 to 34.62. Copper in London bid spot 62 3s 9d with futures 63 15 6d, tin robust at 156 10s spot and 158 futures, Cleveland iron warrants at 7%.
Galveston reports arrivals including San Jacinto and El Oriente from New York and Atlantis from Tampico with several other vessels noted by origin and destination. Ships include Harry T. Inge from Bocas del Toro and Cape Antibes from Montevideo with cargoes or routes to Bremen Barcelona Havana and New York noted.
May 15. San Antonio Texas records show fair weather with rain in extreme west. Temperature below normal across the belt. Allen Buell, Local Forecaster, Weather Bureau. Serums from healthy individuals once treated by a French doctor are noted in discussing general paralysis in adults.
Strawberries scarce on Friday markets with crates selling at 1.50 for a 24 pint crate while 1.00 matched the demand for home preserving. Rain delays from Carrizo Springs hinder berry movement. buyers expect next week to bring lower prices near 1.00. Eggs and butter firming in the North with higher weekly prices. consumers pay 20 cents a dozen while retailers face fluctuating margins. Argentina corn shipments delayed due to rains, Texas dealers stock up for delivery via Galveston, and domestic corn exports show a sharp year over year drop in April.
New Orleans reports steady tone across rice grades with clean Japan firm. Quoted rough Honduras 1.50 to 1.50, Japan 1.50 to 3.25, clean Honduras 4% to 0c, Japan 2% to 3%4c. Rice polish per ton 26.00 to 27.00, bran 17.00 to 18.00. Receipts 585 rough, millers 75, clean Honduras. Sales include 27 sacks rough Honduras at 4.10 and 241 pockets clean Honduras at 2.45 to 2.50.
Chicago market notes show butter lower at 18 2 4 cents with receipts at 22 457 cases. Cheese irregular with daisies and Longhorns listed. Potatoes receipts include 40 cars with red 55 to 6 cents and white 63 to 72 cents. Poultry prices higher for alive fowls 17 cents.
Quotations today show butter prices at 28c for creamery, 21c for firete, 18c for seconds, and 15 c for packing stock. Eyes list firats at 18c and seconds at 15c. Poultry quotes place hens at 14 c and springers at 15c.
Raw sugar holds its ground as of May 15 with molasses at 2.55 and centrifugal at 3.20. Refined sugars show firmness with slight gains for several forms including cut leaf at 5.05 and cubes at 4.25.
Butter prices eased with Creamery at 18 25 to 26 9 cents. Cheese unchanged while Daisies and Longhorns quoted at 14 15 16 cents. Potatoes fell with receipts of 38 cars. mixed at 50 to 55 cents and red and white varieties varying. Poultry alive declined with fowls listed at 18 cents per pound.
May 15 reports show Prime basis oil at 6.33 to 6.34, meal 27, linters 2% 3%. New York market closes steady with spot 7.00 to 7.18 and futures for May to December listed. total sales 3800.
In New York, Assistant Postmaster Murphy tells a trolley car stranger he avoids baseball. The man reveals himself as Artie Devlin, ex Giants third baseman, recalling the 1905 pennant and prompting Murphy to exclaim in disbelief.
Excerpt shows "Observations taken at 8 p m" with air pressure readings and isotherms. Mentions weather indicators such as clear and cloudy conditions and wind arrows. Data appears as a meteorological chart description with isoTHERMS and precipitation cues for the past 24 hours.
Chicago market notes show corn leading gains on wider stock declines and slow shipments from Argentina. Wheat rises with corn amid Hessian fly damage in Illinois and Missouri, futures firming before paring gains. oats and cereals trend higher with supportive freight and provisions.
Cash wheat values show No 2 hard at 89 91 cents and No 2 red at 89 90 cents. Corn quotes list No 2 mixed at 75 cents and No 2 white at 76 cents. Oats prices are No 2 white 40 41/2 cents and No 2 mixed 46 cents.
Grain futures closed steady in Kansas City with Wheat May 7 7 8?c, July 8 0 9%c, Corn May 7 1%c, July 69%c, Oats May 38%c, July 38%c.
Chicago cash grain prices show No 2 red wheat at 97 and 97? per cwt No 2 hard at 96 97 No 2 northern at 97 14 98 No 2 spring at 98 OBtec. Corn No 2 yellow 72 14 to 78c. Oats Standard 40 40c Barley 4 99 63c.
Cash wheat quotes show No 2 red at 96 to 96 3 4 c and No 2 hard at 96 to 96 1 2 c. Corn No 2 at 74 cents and No 2 white at 40 cents with various white and data line readings.
In New York on May 15 the cotton goods markets remained steady but quiet. Raw silk moved lower while fine dress cloth and linoleum fabrics gained five cents per yard.
Washington reports New York City loses 116,668,267 eggs annually due to faulty packing and shipping. A Department of Agriculture bulletin urges reform as cost of living relief. The study covered 6000 eggs, seventy-one carloads, and 500000 eggs from 36 packing houses to ten eastern markets.
Inspectors of the Cattle Raisers Association of Texas report generally favorable range and weather. Several shipments move to Fort Worth, St. Louis, and other markets as multiple towns note clear skies, warm or fine weather, and cattle in good shape.
Cotton statistics show yesterday’s stock at 636,675 bales and the same day last year at 461,618. Excess stock for the season totals 153,560 bales.
Liverpool reports for May 15 show total forwardings to mills at 83 000 bales with 76 000 American origin. stock at 1 097 000 bales, including 861 000 American. imports at 0 bales. exports totaling 3 000 bales.
May 15 Chicago market report shows hog receipts 12 000 with prices from 7.95 to 8.45, cattle receipts 1 000 with steers up to 9.40, and sheep receipts 12 000 with prices from 5.35 to 10.00. Markets described as steady across hogs cattle and sheep.
Union Stock Yards May 15 reports calves topping at 8 00 with a steady to fair market despite declines at other centers. Fort Worth notes general beef cattle reduction due to offerings quality while Chicago and Kansas City stay steady but lower than last week. Best cows 5 65 calves 8 00 hogs 7 50. goats abundant in pens for other markets. receipts include 486 cattle 79 calves 169 horses 43 hogs 957 goats.
In Fort Worth Texas on May 15 cattle and calves from 1809 head moved with poor demand for most stockers and Mexicans. Steers averaged $6.50 to $7.00 while cows brought $4.50 to $6.25 and calves sold $5.60 to $8.50. Hog sales rose five cents with tops at $8.35 and most hogs $8.10 to $8.25. Sheep and lambs were brisk with 3000 head on offer and lambs and yearlings up about 50 cents for the period amid spring lamb gains.
May 15 market notes show hogs at 8000 receipts with a steady channel and values from 7.75 to 8.40 for pigs and heavy to light ranges. Cattle receipts 400 with prime fed steers at 8.50 to 9.10 and cows 4.50 to 7.59, calves 4.50 to 10.50. Sheep receipts 6000 with strong tone. lambs 8.75 to 9.15, yearlings 5.75 to 6.89, wethers 5.25 to 6.10.
In St Louis on May 1 receipts for hogs 7000 with market steady. Prices for pigs and lights 7.00 to 8.50, good heavy 8.40 to 8.50. Cattle receipts 600, native beef steers 7.50 to 9.25, cows and heifers 4.25 to 9.00, stockers 5.00 to 8.00, Texas Oklahoma steers 5.75 to 8.00. Sheep receipts 1290, native muttons 4.95 to 5.70, sheared lambs 6.75 to 8.25, spring lambs 9.00 to 9.75.
J B McCampbell files for a 10 room dwelling on Agarita avenue valued at 12000 dollars. W A Baity applies for a 5 room dwelling on Wilkins avenue valued at 1600 dollars.
New York cotton opened at about 18¢ as shorts renewed buying, with May easing 2–3 points and July and later deliveries 3.5 points lower. Prices drifted lower after midday, closing 3–4 points down, with Liverpool up and several U.S. spots unchanged amid weekend weather and liquidation factors.
The New Orleans cotton market opened with offers for small profits driving prices down 1 to 6 points. Losses were short lived as values steadied by noon and finished the day with a net decline of 2 to 5 points on the old crop while new crop months rose slightly. Trading at noon was light and only small afternoon changes occurred.
In New Orleans on May 15 cotton futures opened steady with May through October contracts 1 to 2 points higher than last night, May 13 13, July 12.86, October 11.90. The session closed 2 to 5 points lower with quotes showing highs and lows across May July and October terms.
Liverpool May 15 spot cotton remains firm with Good middling at 8.09d and middling 7.47d and low middling 6.99d. Trade notes 10 000 bales sold including 1 000 for export and speculation amid 20 000 bales receipts.
In Liverpool on May 16 futures remained calm with May 7 084, May-June 7 084, July-August 6.90%4, August-September 6.74%d, October-November 6 4249 and January-February 6 344 noted among active quotes.
New York spot cotton unchanged with mids at 13.40 and 500 bales sold. New Orleans spot steady at 18 1 2 cents with 2728 sold and 600 arriving. Houston spots unchanged at 18 cents with 83 sold. Galveston on middling 18 to 18 1 2 cents with 2300 bales on spot.
A brief weather observation notes conditions at 8 am on Friday May 15. The report records temperature and sky conditions for the local area.
Arnold Boerner and Ellen Sodring obtained marriage licenses, marking their forthcoming wedding. Official records show the couple as engaged to wed.
In New York on May 15 the Na Rio 8%c futures held steady with July at 8.70 and December at 0.13 as trading paused on the commodity grind.
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