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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
May 19, 1911
Page
21
New York and New Orleans futures drift as rain showers loom in the eastern belt. July reachs a new high for the season before easing. spot movers show modest gains while old crops gain and later months slip. Liverpool remains steady as trade buys October and new crop futures rally then ease.
New York May 19 cotton futures opened barely steady with new highs around 13.16 for March and 16.85 for May. Prices drifted to 13.72 for September and 13.20 for October before closing steady.
New Orleans May 19 Cotton futures opened steady with a 4 to 6 point decline amid favorable weather and rain showers across the belt. Profits trimmed by longs while bulls supported prices, turning first half of trade into modest gains for July and other active months. Noon levels showed a mixed but steady tone with near months up and distant months down.
Trading data shows varied bids with notes for several futures months. Prices include May around 15.62 bid, June 15.65 67, July 15.85 bid, August 14.89 bid, October 13.13 14, and December 13.06 07 amid unsettled sessions.
Close cotton spot dull and steady in Liverpool on May 19 with American middling at 8.40 and other grades listed. Sales total 4000 bales including 8200 American held for speculation and export, receipts 2000 bales all American, while futures opened quiet and closed steady with varied May to April quotes.
May 19 report shows cotton closing quietly with a 5 point gain. Middling uplands priced at 16.15 cents and middling gulf at 16.40 cents, with 4800 bales sold.
Houston spot cotton prices on May 19 remained steady with middling at 15 3/4 cents, unchanged from prior listings. Market watchers note steady demand for current grades as futures fluctuate.
Galveston Texas May 19 Spot cotton prices show firmness with middling at 15 1/2 cents. Trade activity noted as steady with buyers and sellers awaiting further market cues.
Spot cotton in New Orleans on May 19 held steady with a bid of 654 bales traded and receipts totaling 5213 bales. Prices ranged from low ordinary 13 1 16 to strict good middling 16 5 16 with various grades listed including middling 15 11 16 and good ordinary 14 to 14 1 4, stock reported at 9,910 bales and receipts at 5,213 bales.
Grain and crop notes report a favorable growing season with germination good and planting largely complete. Brokers expect the first bale around June 10, while receipts and port movement show Texas and southern ports increasing exports and a buoyant market despite limited demand.
The San Antonio cotton bulletin notes tem p ond te rainfall and weather conditions for the Houston district. The 24 hour period ending at 8 am shows measurements and temperature data, with minimum temperatures reported for the period.
The New York market opened irregularly with most leaders drifting lower. U S Steel declined 2, Union Pacific and Atchison fell, while Canadian Pacific and Rock Island edged up. Reading rallied near 160, but overall activity dampened as the day wore on and prices closed heavy with firm bonds.
New York May 19 close shows prime mercantile paper at 31 2 4c. Sterling exchange easy with bankers bills at 7 31 for sixty days and 4 86 80 for demand. Government bonds weak while railroad bonds appear irregular. Money on call steady at 2 1 4 2 3 8c with time loans firm but borrowers resist high rates.
A fragment notes a May 19 lead with 4.25 and 5.29 figures. It cites partial data on performance or scores and hints at a numeric comparison or timing. No names or places are provided in the readable text.
Memphis May 19 prime seed and by products market shows oil at 5.46 to 5.47 per unit while meal stands at 24 and linters bring 3 ½ percent.
New York on May 19 reports cottonseed oil prices with openings at 6.48 to 6.55 and closings ranging from 6.52 to 6.62, reflecting market activity for the day.
The 7 am forecast for San Antonio and vicinity calls for unsettled conditions with showers and thunderstorms tonight and Saturday, colder on Saturday. East Texas also sees unsettled weather with showers, a colder interior, and a storm area stretching from northern Mexico to Manitoba affecting the south Atlantic states and northern Rocky Mountain districts.
East Texas peaches reach San Antonio as the first large Texas market to receive a shipment. The crop is late and short this year, with growers expected to send more in about a week. This morning's 15 crates sold at two dollars per crate.
Hot weather dulls business as vegetable distributors show little vigor in San Antonio. Housewives favor fruit and canned goods over beans greens and turnips while peddlers report slow sales and wagon stock changes. Vegetables remain demoralized in the market.
The first full carload of tomatoes departed Brownsville yesterday bound for Oklahoma, hailed as the best Brownsville crop in history. Carrot shipments are expected to rise. San Antonio farmers push ahead with their crops as light local market shipments continue. Rockford cantaloupe debuted in the San Antonio market at $1.50 per basket, with recent supply ample but quality poor and not keeping well, though the Rocky Ford variety is regarded as best. The shipper notes a very promising crop this year.
New York May 19 Quotations show firmer eggs on high grades with 21,097 cases receipts. Fresh patterns and checks sold for 17 to 18 4 cents, poorer lots 8 to 12 cents, and state and Pennsylvania gathered brown and mixed eggs around 16 percent.
Kansas City May 19 quotes show butter creamery at 200 and eggs with firsts and seconds priced. stock and other items listed with small fractional readings.
Quotations show pork and poultry prices at 20 25c for nickens, spring turkeys 12 15c, ducks 11% c, butter dull at 16 21c, eggs lower at 13% c. Creamery prices noted.
New York May 19 The coffee futures market closed steady with a net advance of 2 to 10 points. Sales reached 44,000 bags. Spot prices were steady with Rio No 7 at 11 1/2 cents, Santos No 4 at 12 1/2 cents, mild quiet overall, Cordova at 18 16 cents in nominal terms.
New York markets report quieter tone for hides dull Bogota at 21 22 cents. Leather quiet with steady wool and rice prices reflecting calm trading conditions.
New York reports mixed sugar and molasses prices with raw muscovado at 3.36 and 96 test centrifugal at 3.86 cents per pound. Molasses 89 test quoted at 7.11 cents. Refined sugar steady.
NEW YORK May 19 The dry good primary markets were more active yesterday with fair sized contracts going to mills by converters printers and the manufacturing trade. Staple prints are ordered more freely here and in other centers. Jobbers report slightly better business.
Local jobbers report frost damage differing across the country. Evaporated fruit output on the Pacific coast may drop from 23 1 3 to 40 percent under normal pack. New England bud development is only beginning and damage is not yet certain. New York state prospects remain good for apples peaches and pears.
New Orleans on May 19 saw only moderate activity in the local rice market. Rough rice was quiet and clean goods steadied with Honduras and Japan quotations noted. receipts were 1157 rough and 1008 millers with 496 rough Honduras sold at 2.25 to 2.76 and clean Honduras 811 at 1.4 to 2.0?c.
After the first shipment of Texas watermelons to this market last week, consignments have ceased. The trade reports heavy calls for the fruit with offers of 75 cents each for desirable melons. In retail, merchants are paying $1 per melon.
Copper closes firmer with May to August prices ranging around 11.75 to 12.00. Arrivals total 60 tons in New York. exports this month reach 14 919 tons. Tin remains firm with May to August prices from 41.50 to 48.60 and London quotes steady. Lead and spelter show quiet trading. antimony and iron prices listed for Cleveland, New York, and London markets.
Price to shipper tess comnimon. Price to retailer butter Creamery 20c per ouns country butter 16c. 2 dozen Country 15c. Cheapse Fancy cream 18c, Fancy brick 20c, American Swiss 4c, imported Swiss 31c, Limburger 20c, Badger State 1c. Poultry Broilers 3.25 to 3.50, fryers 6.00 to 6.50, hens 6.00 to 6.25, quine as dozen 3.25 to 3.60, ducks per dozen 6.00 to 6.00, squabs per dozen 1.25 to 1.50, geese per dozen 10.00 to 15.00, turkeys per pound 16c.
Liverpool weekly cotton figures show 24 000 bales imports all kinds with 8 000 American imports. Total stock 865 000 bales, American stock 733 000. American forwarded 61 000 bales. Total exports 9 400 bales.
Quotations today show butter steady with creamery butter at 16 to 21 cents. Eggs at mark with receipts 19,709 cases. firsts 14 to 15 cents. Cheese steady with various edamels and young Americas around 11 to 12 cents. Potatoes steady to fair 40 to 45 cents. Poultry steady with live turkeys 12 cents and dressed springs 22 to 26 cents. Veal prices for 50 to 60 pound weights noted.
The first car of the season loaded at Candler Georgia for New York markets set two records. It sold for 400 dollars and marked the earliest delivery of watermelons from the area. Vines were in bloom in January and endured cold weather.
Cotton receipts at United States ports today exceed last year by about 2450 bales. While movement from interior towns has dwindled to narrow figures, overall flow shows a slight resilience compared with the average.
Wheat futures eased on cooler forecasts and scattered showers while world buyers and Russian crop rains weighed on sentiment. July wheat slid to 88 3/4 cents before settling near 88 3/4. Corn traded firmer early then weakened, oats held steady with ample offerings, while pork and lard showed modest gains in the cash and nearby futures.
Chicago May 19. Receipts and shipments today were as follows. The brief lists show daily grain movements at the Chicago market with quantities received and dispatched for various grains.
Receipts show wheat 97 cars with 0.58 contract grade, corn 85 cars with 0.26 contract grade, oats 134 cars. Total wheat receipts across Chicago Minneapolis and Duluth today 259 cars, down from 316 last week and up from 223 on the same day last year.
Cash wheat shows no change with No 2 hard at 95 9 16c and No 2 red at 91 1 2c. Corn slips with May at 50c and July at 50c sellers. September 60c bid. Oats hold steady with No 2 white at 34 36c and No 2 mixed at 32 33c. May wheat closes at 88c and July at 88c bid, September 83 1 2c sellers.
Quotations today show cash grain activity with slight firmness in wheat and mixed results in corn and oats. No. 2 red track wheat holds around 95 to 96 cents, No. 2 hard wheat near 95 to 101 cents, corn weak around 53 to 54 cents, No. 3 white about 55 cents, oats higher with No. 2 track near 30 cents and No. 2 white around 36 to 38 cents.
Buyers on the local market spent the day touring the yards with varied coalitions of cattle hogs sheep and horses and mules. Cattle receipts totaled 4838 head with steady prices from 3.50 to 4.00 for choice and good grades and calves selling around 4.50. Hogs were scarce and firm near 6.00 with a top of 6.25. Sheep were slow with no late buyer at 4 pm and carload shipments moved to Fort Worth San Antonio and Moore.
Fort Worth May 19 reports a firm overall market with cattle receipts around 1500 head. Top steers reached near 4.90 to 5.10 while sales ranged 4.30 to 4.60. cows up to 4.70. calves 5.00 to 6.00. hogs steady with 1200 head selling from 5.85 to 6.10. sheep light with lambs about 6.25 and ewes 3.00 to 4.25.
Receipts and quotations report cattle hogs and sheep at Kansas City amid a firm market. Cattle saw native steers around 5.20 dollars and southern steers 4.50 to 5.60, hogs traded mainly 6.00 to 6.07 and 6.05 to 6.10 for lights, sheep receipts 3000 with lambs and ewes priced between 3.75 and 4.75 plus yearlings at about 4.25 to 5.25.
Receipts and cattle at St Louis show 600 head with 800 Texans. Native steers 5.30 to 6.50, cows and heifers 3.00 to 6.15, stockers and feeders 4.50 to 6.50, calves 5.00 to 6.75. Hogs 9,000 head with pigs and lights 5.50 to 6.25, butchers 6.00 to 6.20. Sheep 2,500 with muttons 3.75 to 4.95 and lambs not shown.
Chicago May 19 Associated Press reports receipts around 1500 cattle with a strong market. Vealers and steers range from 4.60 to 5.60, cows 3.00 to 4.60, calves 5.00 to 7.25. Hogs receipts about 17,000 with a slight decline. good to choice hogs 6.00 to 6.10, bulk 5.90 to 6.10. Sheep receipts near 6000 with prices up 1 to 4 cents. natives 3.25 to 4.80, westerns 2.50 to 3.85, lambs 4.60 to 5.60.
May 19 reports wool prices with heavy fine wool at 12 to 14 cents and tub washed at 16 cents in St Louis markets. Medium grades erade clothing and combing wool noted, with 16 18 cents for light fine wool.
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