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Newspaper

San Antonio Light

Location

San Antonio, Texas, United States of America

Date

May 16, 1911

Page

9

Oil Decision Triggers Wall Street Market Breakthrough

The Supreme Court ruling on Standard Oil spurred a market surge in New York and on the curb. Stocks such as United States Steel Reading Union Pacific and American Tobacco led a broad advance with heavy volume, followed by profit taking and renewed gains as confidence returned.

Associated Press New York Supreme Court Standard Oil Stock Exchange United States Steel Reading Union Pacific Virginia Carolina Chemical International Mharvester General Electric and Consolidated Gas United States Rubber and Lehigh Valley Southern Pacific Atchison Northern Pacific Cooper S. Steel American Tocco U. . Steel American Tobacco Wall Street

New York Stock Quotations for May 16

New York May 16 stock quotations listed today show active trading in major shares. The report notes price movements across key industries and highlights leading gains and losses for the session.

THE Associated Press New York

Weather Summary for Houston District Stations May 16

Temperature, rainfall and weather conditions for the Houston district stations over the 24 hours ending 8 a.m. local time are reported. Data cover San Antonio area readings and indicate overall moisture and temperature trends for the period.

San Antonio Tex Houston

Cotton Market Opens Steady As Prices Rally Early

The New York cotton market opened steady with a May decline of 2 points and July unchanged, then rose to a net advance around 10 to 13 points on old crop and 8 on new as covering, old crop support and firmer cables spurred buying. Liquidation of July persisted and some southern selling of new crop appeared, but sentiment remained firm amid better weather outlook.

New York

Cotton futures open steady in New York trade

New York May 16 cotton futures opened steady with March at 13.00 01/ ic cent, May 15.56 58c, July 15.69 70c, August 15.28c, September 13.60c asked, October 13.06 06c, November 12.96 vic, December 12.96 97c. Futures closed steady.

THE Associated Press New York Jan E

Liverpool cotton market report May 16 cotton prices and sales

Spot quiet with prices mixed by grade. American mids 8.55 to 8.87 cents, various futures bids shown. Sales totaled 5000 bales, 3800 to American buyers with 400 for speculation and export. Futures opened steady with several forward spreads and daily adjustments.

Associated Press Liverpool Ay Glen

New Orleans Cotton Opens Steady on Liverpool Market Lift

Cotton futures opened 3 to 5 points higher in New Orleans as Liverpool markets improved and dry conditions across the belt predicted good germination. Oklahoma drought complaints persisted, while July climbed to 15.88 with early gains of 15 to 16 points before 2 pm as trading remained active and steady.

New Orleans Liverpool Oklahoma

Leading Spot Markets Middling Receipts and Prices

Market brief notes middling results with mixed receipts in Liverpool New York New Orleans Houston Galveston. Prices show varied activity with small lots and steady to easy quotes across regions. Trading desks report quiet sessions in New York and steady movements in Houston and Galveston as markets absorb demand.

Liverpool New York New Orleans Houston Galveston

New Orleans Spot Cotton Rises 1 16 Century

Spot cotton firm in New Orleans quotes rise of 1 16 cent with 240 bales sold for immediate delivery and 330 bales for arrival. Prices span low ordinary to good middling with quotes from 12 15-16 to 16 3-16 cents. Receipts total 1789. stock at 88,935.

Associated Press New Orleans

Cotton Prices Steady in Houston Trading

By the Associated Press Houston diary notes cotton for midling at 15 7 and markets show no change. Analysts report steady tones in futures with demand uncertain as auctions continue in Texas.

THE Associated Press Houston, Tex

Memphis Cotton Market Report Note

Memphis dispatch reports cotton market steady on May 16 with spot prices holding after a day of minimal movement. Middling chosen at a stable level as buyers and sellers await further guidance from regional demand signals.

Cotton Exchange on Supreme Court Decision Moves Markets

Cotton brokers weigh the just released supreme court ruling on oil and tobacco as Standard Oil opens at 682 on the New York exchange, nine points up. Traders expect volatility, with forecasts showing October cotton at about 13.5 cents in ten days and cautious sentiment lingering in Wall Street.

Supreme Court New York Stock Exchange Standard Wall Street

Cotton Market Insight From New Orleans to New York Wires

A New Orleans broker argues that prices must reflect longer term cotton yields and acreage before distant markets justify price drops. He says current market signals show actual cotton finding a price not for speculators but spinners. Texas rainfall reports temper expectations with favorable weekly weather outlooks, aiding the market.

New Orleans H. B. Beers Texas

New Orleans futures open steady across contracts

The market shows futures trading steady with May at 15.50 and 60c, June 15.65 with 67c, July 15.76 at 77, August 14.87 with 89c, September 13.46 at 48c, October 13.02 at 93, and December 12.96 with a bid.

New Orleans

Weather forecast for San Antonio and Texas

The Weather Bureau forecast shows unsettled conditions for San Antonio tonight and Wednesday, with east Texas also unsettled. A storm area is over the Rocky Mountain region, with rain west of the Mississippi and freezing in southern plateau districts.

San Antonio Tex East Texas Rocky Mountain Mississippi Northwest British Northwest Territories

Goats Gather in Local Yards Surpassing Milestone

Over 1000 goats are reported at the local yards in a large animal gathering. The event draws attention to farm livestock activity and showcases agricultural interest in the area.

Strong cattle market continues at Union Stock Yards

May 16 report shows several carloads of beef cattle from Brownsville and 1048 head of goats. Cows sold up to $4, calves to $5, hogs to $6, with a steady to strong market throughout the day. Afternoon totals list cows at $3.50 to $4.00, calves $4.50 to $5.90, hogs $5.75 to $6.25, top $6, bulk around $6.

Union Stock Yards Brownsville Comstock Kansas City

Cattle Prices Firm at Fort Worth Auction

Fort Worth Texas May 16 cattle receipts 2490 including 250 calves market steady dull Best steers sold from 4.90 to 6.15, one load at 5.30 bulk 3.90 to 4.50 Stockers and feeders 3.50 to 4.40 cows 3.60 to 3.80 calves 3.75 to 5.00 Hot receipts 1600 Top 6.30 bulk above 6.00 few below.

Associated Press Fort Worth Tex

Cattle and Hog Prices From Chicago Market Report

Chicago cattle receipts about 2000 with slow steady trade. Beeves 5.6 to 6.45, Texas steers 4.60 to 5.65, western steers 4.80 to 5.60, stockers 3.90 to 5.70, cows 2.40 to 5.60, calves 4.50 to 6.75. Hog receipts around 14,000 with weak demand and varied quotes from 5.80 to 6.42, pigs 5.90 to 6.35, bulk 6.10 to 6.30. Sheep receipts 15,000 slow. natives 3.00 to 4.65, western 3.50 to 4.65, yearlings 4.60 to 5.60, lambs native 4.50 to 6.65, western 5.25 to 6.85.

Associated Press Chicago Texas Western

Cattle Hog and Sheep Prices Steady in St Louis Market

Cattle receipts total 1290 with 400 Texans as market holds steady. Native beef steers 5.00 6.50, cows and heifers 3.50 6.25, stockers 3.00 5.50. Texas steers 4.60 5.60, calves 5.00. hog receipts 11,000 with prices 6.20 6.35 for pigs and lights, 5.60 for packers, best heavy 6.15. sheep receipts 3000 with muttons 3.75 4.50 and lambs 5.75.

Associated Press ST. Louis Texas

Cattle Raisers oppose free list bill before Senate

H. Cowan attorney for the Texas Cattle Raisers Association and Ed Lasater of Falfurrias appeared before the senate finance committee to oppose placing cattle on the free list. They argued markets would be opened to the world while surplus cattle and meat in the US could not be marketed, harming producers and keeping prices low for cattle but not boosting production.

H. Cowan Texas Cattle Raisers’ Association Ed Co. Lasater Falfurrias Senate Cowan Lasater England Belgium Europe

Cattlemen consignments listed for Fort Worth sale

The list of consignors at Fort Worth yesterday includes G. C. Smith Aguilares T J Burns Billette Edds and Thompson Hebbrowville R S Simmons Nedra Slaters and Smith Aguilares Jackson and Birdwell Graham East Gill Kingsville Z G Stine Olney W L Crawford Dilley Houston Uvalde J W Alsen El Campo W I Pettus Clip Mia D M O Connor Inari G P Borden Pearce J C Hybarger Knippa Jones and Slavin Rosenberg Baer and Co Reymers C B Lucas and company Berclair Winfield Scott Ross J T Day Haslett.

Fort Worth G. C. Smith Aguilares T. J. Burns Billette Edds Thompson Hebbrowville R. S&s Simmons Nedra Slaters and Smith Jackson Birdwell Graham East Are- Gill Kingsville Z. G. Stine Olney W. L. Crawford Dilley G. . Houston Uvalde J. W

Floresville Trader Reports Strong Cattle Conditions

A. Tom of Floresville is in San Antonio on a short business trip and may buy stocker cattle for his range. He says cattle conditions in Floresville are unusually good and notes favorable market prospects.

R. A. Tom Floresville Mr. Tom San Antonio Gna

Pearsall Cattleman Lindholm Visits Southern City

M. W. Lindholm, noted Pearsall cattleman, attends a Southern morning gathering. He says Pearsall is in prime cattle condition with good grade stock, ample grazing, and water, predicting the best season in its history.

M. W. Lindholm Pearsall Mr. Lindholm P Pearsall

Mexican cattle deal owner reports rebel violence in Mexico

J. R. Bass of C. P. Diaz Mexico discusses contracting in the city to import cattle into the United States. He says conditions in Mexico are unsettled with rebels shooting and stealing cattle worth thousands of dollars.

J. R. Bass C. P. Diaz Mexico United States

New York Markets Sugar and Molasses Report

Sugar and molasses prices in New York on May 16 show Ray steady with muscovado at 3.36 cents per pound and refined sugar steady. Molasses and other tests remain unchanged with no notable price shifts reported.

New York Ray Steady

Coffee futures and spot steady in New York trading

New York May 16 Coffee futures closed steady with a modest gain of 6 to 9 points on 18,500 bags sold. Spot coffee remained steady with No 7 Rio at 11 9 16 c, No 4 Santos at 12 4 9 13 c. Mild coffee quiet with Cordova around 13 15 c.

New York Rio Santos Cordova

Fall dating on staple prints boosts orders in New York

New York reports higher demand as fall dating returns for staple prints while last season’s prices continue. General cotton goods trading stays quiet with a firming trend in staple prices. Raw silk rises with more local import buyers. Dress goods remain quiet. Increased activity seen in lightweight underwear trade.

T. Goods New York

Market Price Fragments Reported in St Louis May Note

A fragment from a St Louis report cites lead at 4.25 dollars and spelter at 5.22 to 5.25 dollars with partial figures for the day.

THE Associated Press ST. Louis Spelter Chica

Chapin Sells Fine Home in Edinburg

Representative D B Chapin of the district sold his last large holdings in Edinburg last week. He sold his fine home to Mr Klossner of Barrett Minnesota who will move to Edinburg and has bought a large block of stock in the Edinburg State Bank.

Chapin Edinburg Tex D. B. Chapin Hr. Klossner Barrett Minn Klossner Edinburg State Bank

Cowan Fights Reciprocity in Senate Hearing

Samuel H. Cowan, cattle raisers' attorney, testifies in opposition to removing meat tariffs and to Canada's reciprocity plans. He accuses Mexico of shipping cattle into Texas, paying duties, then underselling U S rivals, and argues Canada fats cattle faster and dresses them better. Washington, May 16.

Cowan Associated Press Washington Mexico Texas Canada Samuel H. Cowan Meath Senate

Kansas City Live Stock Cattle Market Report

Cattle receipts totaled 11 000 with 300 southern cattle. Market steady to 10 cents lower. Native steers 5.00 to 6.15, southern steers 4.00 to 5.70, cows and heifers 3.00 to 4.60, native cows and heifers 3.00 to 6.00, stockers and feeders 4.50 to 5.70.

Associated Press Kansas City

Market Report Hides Hinted Quiet as Leather Rice Steady

New York on May 16 reports hides quiet, leather steady, and rice quiet as market items show little movement. The brief bulletin notes prevailing steady or quiet tones across the commodities sector with no notable price surges.

New York

Nes to Meet Tonight for Emancipation Day Plans

A meeting of several hundred Negro citizens is set for tonight at the Colored Masonic hall Chestnut street and Ellis alley to organize the emancipation celebration in the city on June 19. Fred Walthall will call the meeting to order.

Nes Chestnut Street Ellis Alley Fred Walthall

Market Report: Live Cattle and Sheep Steady Amid Steady Trade

Bull prices 32.00 6.00 per cwt, calves 4.50 7.15, western cattle 5.00 5.80, cows 3.00 3.26. Receipts 20,000. bulk sales 6.00 6.15, heavies 6.05 6.21. Packers 6.05 6.15, lights 6.10 6.20. Sheep receipts 8,000. muttons 3.40 4.60, lambs 4.80 6.35, fed wethers 4.00 5.00, fed western ewes 3.60 4.25. Market steady.

California Dried Fruit Outlook 1911 Crop Prospects

The California dried fruit market remains firm with spot demand high and most prices rising. Apricots may fall to half last year, peaches expected at 18 000 tons vs 28 000 in 1910, prune yield seen at 130 million pounds, and raisins likely to price at a premium as supplies tighten. Farmers hold out for higher prices while packers seek future quotes.

Bosnia Servia United States California

Watermelon Market Shrinks as Prices Soar in Brownsville Area

Market reports show no melons on today’s market with scarce supply this year. Prices are unusually high at 75 cents wholesale and a dollar retail, while the Brownsville broker notes the crop is near normal and may yield several carloads before May end with favorable weather. Cabbage shipments have rebounded, tightening local prices.

Brownsville Tex

Strawberries Rally as Second Crop Ripens in San Antonio Market

Strawberries were eagerly sought this morning but buyers faced narrow proportions. Market arrivals show improving berry quality and prices from 2 to per crate. The second crop is now ripening and described as much better in every respect than the first.

San Antonio

San Antonio Produce Price Sheet Listing Dairy and Poultry Rates

Price to shipper tess commission and price to retailer listed. Butter per pound at 20c country butter 16c. Eggs country per dozen 15c. Cheese varieties with varied prices from 18% 4c to imported Swiss 3 10. Poultry items include broilers 3.25 to 6.50 per batch, fryers 6.00 to 6.50, hens 6.00 to 6.26, guineas per dozen 3.25 to 3.60, ducks per dozen 6 to 7, squabs per dozen 1.25 to 1.50, geese wire 10 to 15, turkeys per pound 16c.

Tess Commission Badger State

Chicago Produce Quotations May 16 Prices Mixed Across Staples

Butter steady creamerries 16 21c daisies 13 18c Eggs weak receipts 32029 cases at mark eggs by product firsts 14 1 4c prime firsts 15c Cheese steady daisies 12 %c twins 12 %c young Americas 13 %c long horns 12 180 Potatoes steady choice to fancy 43 45c fair to good 40 42c Poultry easy turkeys live 12c fowls live 13c springs dressed 23 25c Veal firm 50 to 60 lbs 7% ec 60 to 85 lbs 8 9%c 85 to 110 lbs 9 10

Associated Press Chicago

New York Produce Market Report May 16

Eggs steady at New York market with receipts of 44,170 cases. Fresh gathered orien No 1 14 to 15 cents, No 2 18 to 19 cents.

Associated Press New York

Chick- Progress Report From St Louis Produce

May 16 report from St Louis Produce notes a brief market update with early gains for corn and soybeans and steady prices for wheat as traders await further export data and weather signals.

Wheat Market Firms On Favorable Russian Reports

Wheat advances supported by favorable Russian crop news and smaller European visible supply. Prices rose despite light demand and limited selling pressure. corn and oats followed wheat gains as pessimistic Iowa Illinois crop reports lent some support to grain prices. Hog futures eased marginally with pork and lard prices listed. cash grain quotes show mixed bid strength across wheat corn and oats.

Chicago Russia Iowa Illinois

Chicago Grain Movements Report May 16

Chicago May 16 grain figures show flour receipts and shipments at 20 100 bbls and 34 100 bbls respectively. Wheat deliveries stand at 137 400 bushels receipts and 211 000 bushels shipments. Corn totals reach 229 100 bushels receipts and 463 600 bushels shipments. Oats 363 800 bushels receipts and 356 500 bushels shipments. Rye 10 500 bushels receipts and 5 35 bushels shipments. Barley none within figures.

Ees

Car Lot Receipts Reported for Wheat and Corn

Car lot receipts in Chicago today show 157 wheat cars including 87 contract grade, 203 corn cars with 86 contract grade, and 250 oats. Total wheat receipts across Chicago Minneapolis and Duluth reached 360 cars, up from 324 last week and 198 on the same day last year.

Associated Press Chicago Minneapolis Duluth

Kansas City Grain Prices and Markets Report

Kansas City May 16 cash grains steady with mixed advances. No 2 hard 90 97 cents, No 3 95 cents, No 2 red 90 92 cents, No 3 88 95 cents. Corn steady with slight gains, No 2 mixed 62 cents, Ha 35 14 cents, No 2 white 52 53 cents, No 3 51 52 cents. Oats unchanged to higher, No 3 white 33 44 35 cents, No 2 mixed 31 4% cents.

Mees Park Lara THE Associated Press Kansas City

Grain prices steady in St Louis market May 16

Cash wheat firm with No. 2 red at 6c above, No. 3 hard at 1.01. Corn weak with No. 2 track at 11c above, No. 2 white beige at unspecified. Oats steady with No. 2 track at 33c or 44c. No. 2 white oats listed at 35c.

THE Associated Press ST. Louis

Metal prices and market notes from New York and Cleveland

Copper futures listed with several months around 11.50 to 11.65 per unit, spot copper at 11.55 to 11.65, Lake copper 12.25 to 12.47, dull trading across metals. Lead around 4.40 to 4.50, tin and antimony showing dull activity, iron as No 1 foundry grades with Northern and Southern listings at roughly 15.25 to 15.73, casting copper around 11.75 to 11.80.

New York Lake Dull Spoo Marina Hun Southern Northern

Cotton Seed Market Prices In Memphis Report

Cotton seed products in Memphis on May 16 show oil at 6.40 to 5.44 dollars per hundredweight and meal at 24.00 dollars. Linters range between 3 and 4 percent.

THE Associated Press Memphis

Couple Cleared For Marriages In Local Licenses

Ed E Miller and Ethel Stewart. William H Bailey and Mae O Watson. Jose Maria Guana and Lise Diaz listed for marriage licenses. A Collman, plumber, appears with both phones in the record.

Ed E. Miller Ethel Stewart William Henry Bailey Mae O Watson Jose Maria Guana Lise Diaz A. Collman

Market Summary Compact Crumbs for Local Dairies

Prices drifted with eggs lower and dairy goods mixed. Butter unchanged while creamery butter rose to 21 cents. turkey and duck prices varied with turkeys at 13 cents and ducks at 11 cents. geese 6 cents. eggs saw a decline.

Also Mentioned on This Page

Oil Trust Wickersham NEW York Stock List Amalgamated Copper Amer Assoc Ee Anaconda Mining Co Atlantic Great Northern Pfd Ore Ctis Eevee Eewronrs Ese Eneeries Missouri Pacific Eee Lehigh Cotton Bulletin Max Ais Oy Amarillo Ballinger Cloudy Splice Cate Sige & Siete Ublin Ptdidy Eastland NEW York Futures the Associator D Press Cotton Statistics Cotton Seed U. S Mobile Charleston Essecsees Wilmington Norfolk Sisceiceiass Boston Cincinnati Little Rock Britain Continent Recep T’s Augusta Steee Emphis Great Britain France o _ One Cotton Canona U.S. Department of Agriculture Willis L. Moore SY. Louis ST. Louis Metals ST. Louis, MO Chicago Grain Market Kansas City Grain ST. Louis Grain Metal Market Marnage Pruitt Commission CO N. Flores Street
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