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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
May 24, 1911
Page
13
New York opened with a decline of 3 points on August while other positions held steadier as better cables supported the market. Near months remained nervous as brokers sold heavily, with July and August down 11 to 12 points before a partial rally. Spot touts middling uplands at 16.10 cents.
The Associated Press reports steady cotton futures in New York for May 24 with listed rail prices and daily open high low close marks for contracts including January March May July August September October and December across multiple future months.
New Orleans cotton futures opened steady with old crop months down 1 to 4 points and new crop steady to 1 point up. News of about 2500 May notices circulating pressured near months while weather remained mostly dry with forecast showers only in the Carolinas. The market stayed dull after opening with some recovery late, old crops under yesterday's close and new crops dipping then recovering.
New Orleans on May 24 reports cotton futures starting steady with May at 15.57, June around 15.62 64, July 15.82 bid, August 14.80, October 13.10 11, December 13.0, reflecting stable early trading and price quotes.
Liverpool May 24 closing cotton prices show spot unchanged with American middling fair at 8.90, good merry 8.58, middling 8.36, low middling 8.10, ordinary 7.90. Sales total 6000 with 300 for speculation and export, 5500 American. Receipts 10,000 bales including 1000 American. Futures opened steady and closed busy with multiple forward spreads listed from May through March.
In Houston on May 24 the cotton spot market held steady with middling at 15⅞ cents. Traders watched verder market signals as futures and local demand showed no movement.
Memphis reports cotton spot prices steady on May 24 with middling grade at 15 and three quarters cents per pound unchanged from previous quotes.
The Associated Press notes spot cotton ease with steady sales and varying grades. Prices range from 12 to 17 cents for standard grades, with mid to upper middling around 15 11 16 to 16 9 16 cents and receipts totaling 3510 while stock stands at 107,738.
A damaged OCR line records scattered game and player figures without clear identities or outcomes. It mentions a Seton and Rock with numerical figures, but most names and details are illegible, leaving an unclear result or context.
Liverpool opened modestly higher on light buying as traders await the government June report due soon. Weather across the belt remains mixed with drought relief in the northern belt and showers in the Carolinas, keeping sentiment cautious and bulls and bears at odds through the hot months.
The New York market opened with heavy selling driving most leading stocks lower while United States Steel faced persistent pressure. Steel fell to 78 and later 75 8 1 2 as traders speculated on steel price cuts, with Union Pacific Reading and American Smelting also slipping. odds of price reductions loomed as the day closed weak.
Fort Worth reports the heaviest cattle run of the year with over 4500 cattle and 500 calves. Most consignments were not choice and prices fell as demand remained slow. Mexican cattle shipments and disturbances affect livestock, including 80,000 head sent to Arizona and 700 head imported via Palomas.
W H Weinert of Seguin arrives from his ranch with news that livestock conditions in that Texas area are the best he has seen. Judge Sam H Cowan returns from Washington and predicts the reciprocity treaty will be amended in the senate with hearings for both sides. He expects passage in a modified form, noting Root and Lodge may back the treaty but seek protections for large paper mills over wood pulp concerns.
A pack of twenty enraged bulls escaped from a driver and charged through Louisville streets on Monday. A man died, a boy was tossed, and a patrol wagon driver was bruised as bulls shattered a plate glass window and breached the police station. The rampage endangered hundreds before officers captured the animals.
Commercial secretaries note South America and nearby islands spend about $100000 for pork in the United States. The trade belongs to Texas, but the state currently lacks hogs to meet demand. The meat market is the big future for Texas, with livestock prospects described as two hemispheres in scale.
The Associated Press reports steady sterling exchange with bankers bills at 4.84 1/2 for 1 day bills and 4.86 1/4 for demand. Commercial bills 4.83 5/8. Bar silver at 63 1/2. Mexican dollars at 45. Government bonds easy and railroad bonds irregular.
Money on call remains steady at 2 1 4 percent with a ruling rate of 2 percent and closing bids. time loans ease as demand falls with sixty days at 2 4 percent, 90 days at 2 percent, and six months at 3 percent.
Copper closed quiet with spot and nearby futures around 11.86 to 12.00. Tin and spelter show dull activity with spot and forward prices listed. London and New York markets cited. Iron and foundry iron quotes mixed, local demand quiet. mention of an unrelated cartoon caption about Willis-Bump and an elegant home.
Tonight and Thursday generally fair with warmer conditions in the west. The Middle and Eastern states see high barometer and fair weather. An extensive storm area rests over the Rocky Mountains while regions west of the Mississippi remain unsettled with rain in northern Rockies and North Pacific States.
Market notes show lemons jumping to $5 per box and grape juice in tight supply as jobbers control the market. Expect 15 cent lemonade and grape juice if upward trends continue. eggs and cherries also feature shifts with weather affecting supply.
Shipperless commission pricing reports butter per pound at 16c country 2c, eggs 15c, cheeses from 8c to 24c, poultry prices including broilers 3.25 to 54.50 per case and various fowl prices per dozen or pound, with ranges and several typographical errors in the figures.
Chicago market report shows butter steady at 21 cents for creamery gains, pavies at 19 to 21 cents, eggs steady with 21,130 cases received. Cheese weak with firsts at 14 4 cents and prime firsts at 15 cents. Report notes varied case prices and receipts.
Lead steady at 4.221 to 4.25 per unit with quiet market. Spelter listed at 5.221 percent. Poultry prices show chickens 10 to 24 cents, turkeys 11 to 15, ducks 11 to 14, geese 54 cents. Butter steady with creamery butter 15 to 21 cents. Kegs unchanged at 18 to 14 cents.
On May 24 New York egg receipts totaled 33,632. Fresh gathered dirties No 1 sold at 13 to 14 cents, No 2 at 12 to 13 cents. Dirties poor to fair brought 10 to 12 cents, fresh gathered dirties good to prime 12 cents, fair at 6 to 10 cents.
From Kansas City May 24 Associated Press butter creamery price 20 cents. Firsts 17 cents and seconds 16 cents. Packing stock 14 cents and extras 17 cents.
St Louis May 24 Wool market unchanged in various grades with prices listed: combing and clothing 16 18c. light fine 16 160. early fine 12 14c. tub washed 16 28c. Associated Press report notes steady demand across sectors.
Rice quotations in New Orleans on May 24 were unchanged from yesterday with a steady tone across grades. Receipts totaled 7,771 sacks from mills and 7,771 clean, while sales included 451 sacks of rough Honduras at 3 dollars per sack and 1,949 sacks of clean Honduras at 1 3/4 cents per pound and 1769 sacks of clean Japan at 1 8/4 cents.
New York on May 24 reports coffee opening 4 11 points up and closing 1 10 points higher. Trading volume reaches 62,500 with spot quiet. Rio primaries No 7 at 12 cents, No 4 Santos at 13 cents, Cordova at 18 16 cents and mild market similarly quiet in Cordova.
The report notes firm refined sugar at 3.86 cents a pound for centrifugal, with Muscovado at 3.36 cents and 98 test. Molasses remains quiet at 3.11 cents for refined grade, with no notable changes observed in the latest pricing.
Dry Goods reports in New York on May 24 show firmer, higher cotton goods. Four yard sheeting quoted at 6 1/2 cents and narrow bleached cottons gain 1/2 cent per yard. Prints ordered steadily for call. Men’s wear serges active in light underwear shipments. Yarns steady and edging higher.
New York May 24. Hides and leather and rice maintain steady prices in early trading. Market observers cite balanced demand and supply across commodities.
In a Boston Transcript excerpt, Mr Newcome asks if keeping boarders pays. Mrs Hashleigh answers it doesn’t pay unless they do.
This week the PRUITT COMMISSION CO urges quick action to preserve blackberries as strawberries and peaches are not available at low prices this season. The message stresses affordable fruit supplies for consumers and markets.
Dry weather in Russia and lighter Argentine shipments push wheat up with May option strength. Liverpool reports good demand and short covering while Nebraska plows up for corn due to winter wheat damage. Texas crop outlook weak. July and May contracts gain. corn oats hogs pork lard ribs prices cited. cash wheat and corn quotes listed.
Receipts and shipments for the day in Chicago were reported by the Associated Press. The data shows patrons in the grain market handling a routine flow of corn and wheat, with prices and quantities outlined for receipts at elevator yards and outbound shipments to mills and shipping ports.
The Chicago market reports 240 wheat cars with 163 contract grade and 431 corn cars with 184 contract grade. Oats total 308 cars. Daily receipts at Chicago Minneapolis and Duluth sum to 413 cars, versus 29 last week and 215 on the same day last year.
Wheat futures moved lower with May at 94 and July at 34. Corn futures rose with July at 52 and oats gained with July at 31. Prices for No 2 red winter, No 2 hard, and No 2 white oats are listed with basis points and track prices.
Union Stock Yards May 14 dull morning trade totals 363 head with cows calves hogs sheep goats horses and mules. Cattle steady to strong afternoon gains lift prices. top cows $4.00, calves $4.65, hogs $6.00, goats $3.50 to 4.00. Market broad but unsettled amid varied consignments from Hondo Georgetown Waring and Del Rio.
Cattle receipts 4000 with corn fed steers between 4.40 and 5.60, top cows at 8.35, calves best at 6.25. Hogs receipts 1800 with top 6.05 and bulk 5.60 to 5.90. Sheep receipts 1600 with wethers 4.25, lambs 6.25, mixed sheep and yearlings 4.40 to 4.75.
Chicago market report shows cattle receipts around 19 000 with weakness of about 10 cents. Hogs receipts near 32 000 with mixed prices from 5.60 to 6.00 for various weights. Sheep receipts about 2 000 with slower demand and prices ranging from 3.20 to 7.25 for natives westerns yearlings and lambs.
In St Louis on May 24 cattle receipts reached 3500 with 1100 Texans. Native beef steers traded around 5.50 to 5.95, cows and heifers 3.50 to 6.15, stockers 3.00 to 5.50, calves 5.00 to 7.50. Sheep receipts 5200 were weak with native muttons 4.00 to 5.00 and lambs 4.75 to 5.00.
Cattle receipts 6000 including 300 southern, steady with Native steers 5.25 to 6.20, southern steers 4.60 to 5.50, southern cows and heifers 3.00 to 4.50, native cows and heifers 3.00 to 6.00, feeders 4.75 to 5.75, bulls 4.00 to 5.00, calves 5.00 to 7.25, western stock 4.75 to 6.00, western cows 3.00 to 5.25. Hogs receipts 16000. bulk 5.75 to 5.80, heavy 5.75, packers 5.70 to 6.80, light 6.75 to 5.85. Sheep receipts 6000. lambs 6.00 to 7.50, wethers and yearlings 4.50 to 6.00, fed western ewes 4.00 to 4.65.
The snippet lists varying yields for May through September with figures like 6.65 to 6.80 and June 6.66 to 6.70 in a sequence. It reflects fluctuating bond or token prices across several months and months of the year.
Memphis May 24. Cotton seed priced off prime basis at 5.46 to 5.470. Meal at 24.00 dollars. Linters quoted at 3% to 4 1/2 cents.
Boston May 24 The wool market shows West centered activity with Utah and Wyoming stock selling near last year’s level. Landed cost for clean wool estimated around two dollars. Mills movement light though Ohio quarterings seen. uncertainty over legislative action keeps buyers wary. Domestic quotes list varied for delaine washed and unwashed fleece grades with prices from 18% to 29% per ounce. Notable stockmen J S Bogges Luling PBF Nixon W A Cowan R Johnson Beeville among Southern hotel registrants.
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