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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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