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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
May 22, 1911
Page
7
New York ends up 8 to 19 points at close while New Orleans gains 8 to. Liverpool shows a % point up to three down. Spot prices: New York and New Orleans unchanged, Liverpool 7 points down, Galveston and Houston unchanged.
The cotton market opened steady with a decline of three to up four points as dreuth and crop complaints from Carolina, north Texas, Arkansas, and Oklahoma weighed. Old crop bulls supported near months while August liquidation faded. gains and losses fluctuated, with midday prices 2 to 3 points off best and spot middling at 16.10 cents.
New York futures opened steady with January at 13.03 04, March 13.09 10, May 15.87 88, July 15.93 94, August 15.22 23, September 13.60 offered, October 13.11 12, December 13.94 05. Prices held firm at the close with a steady tone across the board.
Cotton futures started steady with a slight decline on weak cables and weather optimism. Early trading showed 3 to 6 points gains over Saturday, rising to 7 to 10 points from the low, then trimming as belt reports conflicted about rain and germination. Market closed with a net 1 to 6 point advance.
Futures for May through December show mixed bids as May trades at 15.58, June 16.62 64, July 15.82 bid, August 14.78 bid, September 13.47 bid, October 13.05 06, and December 12.96 97, indicating a cautious early session in New Orleans markets.
Close cotton in Liverpool dull with 7 point drop. American middling fair 8.87, good middling 8.55, middling 8.33, low middling 8.13, good ordinary 7.87, ordinary 7.62. Sales 5000 bales including 4100 American. receipts 2000 including 4800 American. Futures opened easy with May 8.09 and June 8.0844, others listed.
The report shows mixed rates in leading spot markets with New York and New Orleans steady and quiet activity in several hubs. Prices in Houston and Galveston are listed as steady with marginal changes, while Liverpool and CasSy markets show small fluctuations in sentiment.
Associated Press report from New Orleans on May 22 notes spot cotton unchanged with 200 sales on the spot and no arrivals. Price levels listed range from low ordinary to strict middling with several grades and the day’s receipts totaling 3803 units.
Spot cotton in New York closed quiet with middling uplands at 16.10 and gulf at 16.35. Sales reached 1400 bales as traders watched the market.
Memphis cotton market reports spot cotton steady and unchanged at middling 15 3/4 cents as of May 22 with no price movement noted for the day.
The Liverpool market opens lower by three points as favorable crop rumors circulate while English traders cling to hope for a bumper crop. Weather forecasts predict scattered showers in the eastern cotton belt with frost fears easing in the Panhandle. exports and prices show sharp year over year gains, and Manchester mills report continued demand as the exchange stays open through June 2 for U.S. crop reports before holiday closings.
The Haywood Bland Livestock company shipped a carload of fat hogs to Cuba repeating a two year old sale. Stockman R. Tankersley moved over 2000 head to Spring Creek Ranch, while La Grange and Weimar carloads contributed to a $25 000 dealt market. Fort Worth reports a new swindle risk and an Interstate Commerce Commission inquiry into livestock rates.
Considerable strength appeared in early New York trading with active volume and gains in Reading U S Rubber Northern Pacific Western Maryland and U S Steel Western Union and American Telegraph and Telephone. Profit taking trimmed leaders while many smaller issues rose. market closed steady as bonds firm and wide stock variety traded.
May 22 report shows close mercantile paper at 3% 4, Sterling exchange steady with bankers' bills at 4.8435 for sixty days and 4.5635 40 for demand. Commercial bills 4.83 ½. Bar silver 53 ½. Government ends steady, railroad bonds firm. Money on call steady at 2 ½ percent, ruling rate 2 ¼. Time loans strong with demand at rates slightly under the market, sixty days 2 ¾, 90 days 2 ¾, 6 months 3 percent.
Market brief from Emphis Tennessee reports prime bale oil trading at 5.46 to 5.47 with meal at 24 and linters around 3 percent. notes price activity for cotton seed products on May 22.
May 22 report lists bid and ask ranges for cotton seed oil with quoted opening and closing prices. Figures show small day-to-day variation from about 6.54 to 6.69 dollars per unit across multiple listings.
In Houston on May 22 spot cotton remained steady with middling at 15 5/8 cents per pound. Local dealers noted stable demand as traders watched broader market signals.
Tonight and Tuesday fair and warmer. East Texas also fair with warmer tonight in the west. Pressure distribution irregular. Southwest weather exceptionally fine. Storm area over the central states brings rain and some cloudiness to the upper lake region and Northwest. Highs in the lower lake region, Ohio Valley, and Middle Atlantic.
The summer market for citrus drives up prices across the nation with California lemons gaining about a dollar per box. While Italy’s crop is light, California’s bumper harvest tempers prices and supply remains tight in San Antonio and San Antonio markets. The piece notes strong demand for prunes, plums, and berries, with canned goods and dried fruit pricing foreshadowing higher costs for peaches and apricots later in the season.
Price list shows butter per pound 20c creamery 20c country 15c. Eggs country 15c. Cheese varieties range from 18c to 24c with imports at 3ic. Poultry prices include broilers 3.25 to 3.50, fryers 6.00 to 6.50, hens 6.00 to 6.25, pigeons 3.25 to 3.69 per dozen, ducks 6 to 7, squabs 1.25 to 1.50 per dozen.
Prices for dairy and produce goods listed in Kansas City on May 22 include butter at 20c creamery, 17c firsts, 15c seconds, packing stock 13 4c. wean extras 17c, firsts 15c, seconds 0c.
Butter steady creamery 16 21c daisies 13 18c Regs steady receipts 25017 cases mixed grades. Cheese steady daisies 12 percent Twins 11 12 percent Young Americas 12 percent Long Horns 12 c. Potatoes weak choice to fancy 40 42c fair to good 36 28c new 856 90c. Poultry easy turkeys live 12c fowls live 12 percent springs dressed 22 26c. Veal steady 50 66 lb 7 34c 60 86 lb 8 9c 85 110 lb 9 10c.
Quotation list shows irregular eggs with 21 710 cases received. Fresh gathered extras at 19 cents, standard packed firsts at 16 to 17 cents, storage packed firsts to extra firsts at 17 to 138 cents, regular packed seconds at 15 and %éc, fresh gathered dirties at 14 %c.
The May 22 report lists poultry prices with chickens at 10 cents, springs at 25 cents, turkeys 12 to 15 cents, ducks 11 1/2 cents, geese 6 cents, and butter at 15 2/3 cents per pound.
Miss Leopoldine Von Swaton of St. Louis was severely injured when a wedding party automobile was struck by a street car at Boyle and McPherson avenues. She was carried to a nearby house where Rev. E. W. Luthery performed the ceremony in bed. Five people were in the car. fiancé Henry T. Dunn was among them. The bride suffered spinal injury and internal trauma.
Jack Johnson appeared before Justice Newburger and a jury in New York Supreme Court to contest Cartaino Sciarrino’s $4000 claim for a bust. The jury awarded Sciarrino $1100 with Johnson given 30 days to appeal. Johnson said he agreed only to pose and receive 25 percent of profits.
Boston May 22 Mrs. Williamina Patton Fleming a leading astronomer and Harvard University curator of astronomical records died late today at a Boston hospital. Fleming discovered at least seven new stars and numerous variable stars. her work made her renowned worldwide.
Ben Anderson, pilot of the steamer Clari mond bound from Pittsburg to the gulf, suffered apoplexy as the ship prepared to depart New Albany Ind on May 22 and died an hour later in hospital.
Local ad from Pruitt Commission Co urges readers to buy and preserve blackberries now as prices for strawberries and peaches remain high this season. The message emphasizes affordable berries and the company's goods.
May wheat price strength led by May demand pushed May options higher while July showed weakness. Liverpool firm on reduced Danubian shipments and Russian weather. abundant moisture from Kansas and Nebraska pressured new crop prices. July wheat opened lower and edged down. corn and oats eased with limited demand. pork and rib markets showed modest moves at the stock yards.
Chicago reports receipts and shipments of grains for May 22. Flour barrels 11200 receipts 26200 shipments. Wheat 132500 receipts 11500 shipments. Corn 306200 receipts 62800 shipments. Oats 287800 receipts 316900. Rye 4000 receipts. Barley 42000 receipts 16400. Wheat 89 cars total with 39 contract grade. Corn 262 cars with 112 contract grade. Oats 153 cars. Total wheat receipts across Chicago Minneapolis and Duluth 388 cars, down from 406 last week and 478 a year ago.
Cash wheat quotes show No 2 red 955 96s, No 2 hard 95 96tgc, No 1 northern $1.00 to $1.04, No 2 northern $1.00 to $1.03, No 2 spring 95 99c. Orn No 2 white and yellow 52.99 53.0. Oats No 2 32 to 34 percent and standard 54% to 54% with white oats at 55c.
In St Louis on May 22 quotations showed a decline for wheat with May 2 cut to a0 and July contracts following the trend. Market mood indicated subdued demand and slight price pressure across futures.
At Union Stock Yards on May 22 with over five hundred cattle and limited buyers, prices fell 25 to 50 cents. Cows ranged 3.50 to 4.00, calves 3.75 to 4.50, top cows 4.00, calves up to 5.00, hogs steady at 5.50 to 6.00, shipments included cattle and calves to San Antonio Imogene Tex and St Louis from Artesia Wells.
Fort Worth cattle prices show steers down 10 to 15 cents with top around 5.10 and best at 5.10. Mexican stockers about 3.25, cows 3.25, bulls and calves 3.25 to 3.35. Hog receipts 1500 slow sale with top near 6.07 and most between 5.75 and 6.05. Sheep receipts 1650 steady with best wethers at 4.25.
Kansas City live stock totals show cattle receipts 12 000 with steady market including native cows and heifers 3.00 to 6.00 and southern steers 4 26 to 5.60. Hogs receipts 11 000 bid 5.80 to 5.95, down ten cents. Sheep receipts 10 000 up 20 to 30 cents with muttons 4.00 to 5.00 and lambs 5.50 to 7.00.
Livestock prices and receipts listed for cattle hogs and sheep in St Louis market. Cattle receipts about 6000 with Texans 2600. native steers 5.50 to 6.45. hogs about 9000 with values 5.95 to 6.10. sheep about 6060 with muttons 3.85 to 4.25 and lambs noted.
Receipts: cattle about 25 000 steady to a shade lower. Reeves 5.19 6.49, Texas steers 4.40 5.60, western steers 4.80 5.60, stockers and feeders 3.90 5.75, cows and heifers 2.40 5.70, calves 4.75 7.25. Hogs receipts 50 000 with prices ten cents lower. light 5.70 6.05, mixed 5.70 6.80, heavy 5.50 6.95, rough 5.50 5.65, good to choice heavy 5.65 5.95, pigs 5.50 6.00, bulk 5.80 5.95. Sheep receipts 20 000, market strong to up ten cents. native 2.25 4.85, western 3.56 4.90, yearlings 4.60 5.65, native lambs 4.75 7.00, western 5.50 7.20.
Readable segments show mixed commodity quotes with wheat and corn varying. No. 2 track prices lie around 93 to 95 cents and oats hold steady near 38 cents. White corn and other grains fluctuate between mid forties and mid fifties per hundredweight.
Kansas City grain prices show cash wheat and corn down modestly with various futures quotes. May wheat trades around 7 1/2 to 8 cents lower, May corn near 9 1/2 to 9 3/4 cents higher or lower depending on contract, with other months showing similar minor shifts.
In St Louis on May 22 the market reported Lea at 4.50 with a bid of 4.25 and spelter steady near 5.20. The dull tone signals limited activity and price stabilization in metal markets.
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