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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
May 20, 1911
Page
9
New York cotton market opened steady with gains of 6 points to declines of 4 as bullish weekend figures and improved weather supported near months. Late months softened after early gains. frost forecasts in the Texas panhandle prompted covering. Prices closed barely steady, 5 to 11 points lower.
New Orleans May 20 cotton futures opened steady to down one point as weak cables and good weather dampened buying. Prices fell through the morning with heavy selling and a net decline of 5.7 points at the close. Bulls offered support but selling intensified, aided by light rains and frost in the Panhandle. Hayne bid for thousands of bales, but the market had little cotton to sell him.
New Orleans May 20 Cotton futures opened steady with May at 15.75, June 15.72 bid, July 15.92 bid, August 14.87 bid, September 18.57 asked, October 13.14, December 13.07 asked.
Close cotton spot dull and steady in Liverpool with American middling at 8.40 and good middling 8.62. Sales total 4,000 bales, 3,500 American. receipts 2,000 bales, 1,200 American. Futures opened quiet and closed steady with various near term differentials listed.
Market recap shows middling receipts in Liverpool and Gull, with an 8.40 level. New York quiet at 16.10, New Orleans steady around 11.16 for 3,500 units. Houston and Galveston also steady as trading activity remains subdued.
The Associated Press reports New Orleans on May 20 saw spot cotton steady with 180 to arrive 200. Prices ranged from low ordinary 12 1 4 to good middling 16 9 16 with strict categories close behind. Receipts totaled 2383 and stock at 100,826.
PHIL Tenn May 20 Spot cotton is steady unchanged at middling 15 1/2 cents reporting from local market observers with prices remaining stable for today.
A distorted OCR segment shows a reference to price levels and percentages with phrases like steady 20 and middling 15 percent, labeled as a Spot cot.
The May 20 New York spot market reports quiet activity for cotton with middling uplands and middling gulf at 16.35 cents per pound. No sales were recorded.
Cotton stocks for yesterday show a deficit of 101,900 along with figures for the same day last week and the prior year. The report contrasts current stock levels with prior periods to illustrate the season's shortages. The data highlights pressing supply constraints in the cotton market.
Export totals shown for the week include shipments to Saxian and to the continent. Mex and Jap receive smaller amounts. Last year figures are listed for comparison with a total of 1,741 and 37" 027 501 in the delta.
Secretary Hester reports the world visible supply at 3 227 991 bales, down 144 293 from last week and lower than last year and the year before. American cotton totals 2 045 991 bales with others at 1 182 000. afloat and held in Europe and Britain total 1 868 000, while Egypt and India stock figures vary from prior years.
Secretary Hester provides round numbers on world cotton spinning. This week 206000 bales, year 261000, total since Sept 1 9980600. Northern Canada took 1902000 bales this far, southern spinners 1937000, foreign spinners 6141000.
New York May 20. Comparative cotton statement shows weekly net receipts at all U S ports of 5,421,394 and exports 73,735 for the period. Stock at ports and interior towns, Liverpool, and American afloat figures are listed with year over year comparisons and totals since September 1.
In Memphis on May 20 prime ball clayed oil prices at 4 oil 5.46 to 5.47 per unit. meal at 24. linters 3% at 4560.
Associated Press reports New York cotton quotations on May 20 show futures for June at around 6.54 to 6.56 per pound, July near 6.58, and September around 6.57 to 6.62 with various bid levels and unsettled trading sentiment noted.
The New York market opened with a brisk selling wave as prices fell across many issues. Losses were small in leaders, while some less active and fertilizer stocks slipped. by close, activity and prices improved with Rock Island and others gaining, and railroad stocks showing strength.
New York May 20 close: prime mercantile paper 31 2-8. sterling exchange steady with bankers bills at 484.40 sixty day, 486.35 demand. Commercial bills 488 7-8. Bar silver 533 8c. Mexican dollars 45c. Government and railroad bonds steady.
New York money on call remains nominal with time loans showing strength yet dull activity. Sixty days yield around 2 1/2 to 3 while ninety days reach 3 4 to 3 1/2 and six months around 3 1/4 to 3 1/2.
The weekly statement by clearing house banks shows reserves above requirements by 45,674,575 dollars, up 1,780,530 from last week. Actual condition lists loans, specie, legal tenders, and Ex-U.S. deposits with notable increases in specie and total reserves for Greater New York banks.
In St. Louis the lead price at $4.25 and spelter at $5.20 show dull metal demand. In New York coffee futures closed steady to 16 points higher with 900 bags traded. spot steady with No 7 Rio at 12c and A Santos at 127 ec, Cordova nominal 15e.
New York May 20 sugar prices mostly steady with raw muscovado 9 test at 2.26 cents per pound, centrifugal 96 test at 3.86 cents, molasses sugar 3.11 cents. Molasses prices steady as well.
U S Department of Agriculture Weather Bureau reports unsettled conditions with showers and thunderstorms across San Antonio, East Texas, and the Southwest. Cold air follows a moving storm. freezing in Nevada indicated. trough from Rio Grande to upper lakes affects the region.
The first carload of watermelons shipped in the United States this year left Brownsville, while the first peaches marketed came from San Benito nursery. Valley towns have shipped early crops ahead of others, yet local markets were dull with apples off the market and oranges and berries scarce. Bananas offered but activity remained weak, reflecting a slow wholesale scene.
Reports from California say cherries ripen slowly with little movement this week while cold weather keeps growers by fires. In San Antonio the Jobbers and Manufacturers league agreed to a 430 closing time with railroad freight offices, sparking objections from absent members. Peaches show a sharp drop in consignments versus last year, with expected totals far under prior volumes.
Market report notes poultry steady with live turkeys at 12 cents and live fowls at 13 cents. Dressed springs quoted at 22 to 26 cents. Veal prices hold. 60 to 60 lb veal at 7 to 8 cents and 60 to 85 lb at 8 to 9 cents, 85 to 110 lb at 9 to 10 cents.
Quotation day in St Louis shows chickens at 10 cents, springs 20 to 25 cents, turkeys 12 to 15 cents, ducks 11 to 12.5 cents, geese 6 cents. Butter dull with creamery at 15 to 21? cents.
New York on May 20 reports firmer and unchanged Beys with receipts totaling 20,417 cases, indicating steady market demand.
By the Associated Press Kansas City May 20 no produce market today due to a holiday.
New Orleans notes rough rice quiet and steady with little clean Honduras activity. Receipts total rough 3878 clean 311 milled 3237. Sales list rough 336 Honduras at 2.30 to 2.55, clean 2264 Honduras at 1.94 to 2.13, Japan at 2.13 to 2.16. Quotations: Rough Honduras 1.50 to 1.60, Japan nominal, no offerings. clean Honduras 3 to 4 percent, Japan 2 to 3 6 cents.
New York reports a firm cotton goods market with stronger demand in gray goods print cloth yarn construction and finer grades. The week saw about 700 bales of pulled wools sold locally and 400 bales of carpet wools shipped while yarns remain firm.
The weather map shows rain fell over Eastern Oklahoma and Northeast Texas with continued good weather expected across the belt. Crop reports indicate broad improvement while the cotton exchange notes a light trading day and a Washington telegram urges a congressional probe into cotton speculators accused of price manipulation.
Price to shipper tess commission. Rice to retailer: butter per pound 20c country butter 16c eggs per dozen 150 cheese Fancy cream 18c, fancy brick 20c, American Swiss 24c, imported Swiss 1c, Limburger 2c, Badger State 14c poultry broilers 3.25 to 3.50, fryers 6.00 to 6.50, hens 6.00 to 6.25, quail per dozen 3.25 to 3.60, ducks per dozen 6.00, goose per 1 0 b worth 1. }. Turkey per pound 16c.
Wires from Mississippi crop experts report severe conditions. In Summer, crops are under water and ground is brick hard, delaying sprouting and risking a three week lateness if rain arrives. In Giano, conditions are described as the worst for this time of year with only about half the crop in stand and late, while drought and flood rains have left ground crusty and crops 30 days behind.
Butter steady with creamery prices 16 21c and daisies 13 18c. Wees steady. Receipts 18,453 cases at mark. firsts 1444¢, prime firsts 15c. Cheese steady with daisies 12 ½¢, twins 11 4% ¢, Young Americas 12 14¢, Long Horns 12 ¢. Potatoes steady. choice to fancy 43 45c, fair to good 40 42c, new 20 5c.
Cash wheat and corn futures move slightly lower with small declines across grades. May and July contracts show mixed bids and asks while September futures edge or hold near prior levels in a quiet trading day.
A fragment indicates a plan discussed last night and today involving the girl’s father. The speaker expresses moral certainty the father will borrow at least $50, signaling financial or familial pressure in a painful situation.
Chicago May 20 reports a bearish mood across the grain pits with wheat pressured by slow world shipments and Prussia crop doubts. July wheat opened near last night’s levels, corn eased on rain and cool conditions, oats showing slight gains, while pork and lard prices slipped as hog demand waned.
Chicago May 30 report shows sheepin and shipments today with grain movements across markets providing a snapshot of supplies and distribution in the region.
Chicago quotations show cash wheat offered at No 2 red 95 to 96 cents. No 1 northern 101 to 102, No 2 northern 100 to 103, No 2 spring 96 to 101. Corn at No 2 52 to 53 cents, No 2 white and yellow 53 cents, oats No 2 36 to 36.5 cents, No 2 white 35 to 36 cents, standard 34.5 to 35 cents.
Receipts today show 136 wheat cars including 72 contract grade, 218 corn cars with 82 contract grade, and 183 oat cars. Total wheat receipts across Chicago Minneapolis and Duluth amounted to 31 cars, compared with 344 last week and 237 on the same day last year.
Cash wheat price ranges eased with No 2 track red at 94 95 cents and No 2 hard at 94 98 cents. Corn and oats also declined with No 2 track corn 62 to 44 cents and No 2 oats 82 to 86 cents. Futures closed lower with July wheat at around 51 4 cents and September at 54 6 cents.
A carload of mixed beef cattle from Nixon and a single cow from Peasll headlined offerings at Union Stock Yards May 20. Buyers held back, sellers pushed prices up a few cents, and trading soon went dead with a near blank salesbook. Cows steady, calves steady, and hogs steady to active with tops around 6.25 for corn fed.
Fort Worth Texas May 20 cattle receipts 150 market steady common steers 3.20 bulls 2.85 for light cows and heifers 4.25 to 5.00 hogs receipts 1000 head market steady to lower common hogs around 6.05 top 6.12 12 bulk of sales 5.85 to 6.00
Chicago May 20 Receipts for cattle estimated at 200 market steady with beef and steer prices ranging from 2 40 to 7 25 for calves. Hogs estimated 12 000 head steady to a shade lower with prices from 5 60 to 6 15 and bulk sales about 5 90 to 6 05. Sheep receipts about 2 500 with steady market and native and western bids from 3 25 to 7 10 for various classes.
Cattle receipts 2000 with steady market. Native steers 5.20 to 6.20, southern steers 4.40 to 5.60, cows and heifers 3.00 to 6.00, stockers 4.75 to 5.75, bulls 4.00 to 5.00, calves 4.50 to 7.00. Hogs receipts 2500, market 5c lower. best 5.90 to 6.00, heavy 6.90 to 5.95, packers 5.90 to 6.00, lights 5.95 to 6.00. Sheep receipts none. lambs 5.25 to 6.30, muttons 3.75 to 4.75, fed wethers 4.25 to 5.25, fed western ewes 3.75 to 4.00.
Cattle receipts 200 with native beef steers 5.50 to 6.45, cows and heifers 3.50 to 6.15, stockers 3.00 to 5.50, Texas and Oklahoma cattle 4.50 to 6.50, calves 5.00 to 6.75. Hogs receipts 4500, market weak, pigs and lights 6.05 to 6.15, packers 5.50 to 6.10, best heavy 5.95 to 6.15. No sheep.
Y C Strait of Big Wells Texas travels to San Antonio on business and visits the Southern hotel. He, a former stock raiser, plans to buy or sell stocker cattle and full feds as the market in San Antonio remains strong. Dr Cuca the stock examiner is at Brownsville handling Mexican importations in place of vacationing Dr Robards. Ballinger of San Benito reports steady Mexican cattle imports via Brownsville while shipping 93 head to Fort Worth with partner Wait. James A White of Atascosa county is in town noting the year’s best cattle and livestock conditions. Sam Howard of Crystal Springs and Horace Adams of Belan Tex are stopping at the Bexar hotel.
Fragmentary text mentions England and a claim about owning the finest diamond in the world. The excerpt pivots to a critique implying a sham tied to a baseball context, with no clear event, date, or participants readable.
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