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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Nov 07, 1912
Page
9
New York cotton prices opened near unchanged and slipped early, then recovered with gains of 11 to 18 points led by large Wall Street buyers. Midday values reached higher levels before afternoon profit-taking pared gains. futures settled mixed with nearby contracts around 11.60 to 12.00.
The New Orleans cotton market opened steady with a 1 point decline as storms lash central and eastern regions. Traders awaited tomorrow's ginning report while large spot buyers supported the market, and bullish firm circulars sparked early buying amid renewed volatility.
Cotton futures in New Orleans closed steady with November at 11.85, January 11.86 87, March 12.07, May 12.16, July 12.27, and nearby contracts showing a 15 to 19 point net rise on the day amid varied open high and low readings.
Liverpool Nov 7 Cotton market reports steady prices for spot good and fair middling grades. American middling prices quoted at 7.22, 6.98 for good middling, 6.78 for ling, 6.60 for low middling, 6.14 for good ary, 5.66 for ordinary. Trade volume 12,000 bales with 1,000 for speculation and export, including 9,200 American shipments among 8,000 bales.
Futures opened and closed irregular in Verpool trading with several contracts showing mixed moves. Notable prices include November at 6.60, December 6.48, January around 6.45, and May-June 6.43 percent banding.
Market notes report middling prices across cities with New York at 12 cents and New Orleans around 11 1/2 cents. Spot cotton arrivals total 11,611 bales with total stocks listed near 204,452 bales.
Cotton spot prices edge higher across Texas and Memphis markets while receipts, shipments, and stocks adjust. Maritime intelligence lists vessels arriving and sailing including Ramsey, El Valle, San Jacinto, and Victoria de Larrinaga with routes to New York Genoa and Liverpool.
Explanatory notes list barometric readings and weather symbols. Forecasts for San Antonio and East Texas predict fair skies, warmer tonight, cooler in northwest Friday, with overall mild conditions.
At Union Stock Yards on Nov 7 a strong cattle and hog sale drew a large buying group. Cows sold to $4.25, calves to $4.50, and hogs ranged from $7 to $7.50 with West grades around $7.76 as supply met steady demand.
Livestock Market analysis notes Texas owners pricing cattle risks a scalp while Colorado trims bank deposits and Kansas crowds in cattle. Sioux City and Omaha migrate young stock. Cuero plans a turkey themed fair with 10 000 birds. Fort Worth feeders face 5 percent shrinkage as local pens fill.
Wool market in St Louis shows steady prices with combing wools quoted around 23 to 24, heavy tints and washed grades noted. Trade activity remains subdued as buyers survey availability and prepare for seasonal demand shifts.
To Mr and Mrs Erhardt Guenther a girl born November 1 at Guenther Street. To Mr and Mrs A A Huesele a boy born December 2. To Mr and Mrs T Frejo a boy born November with Pecos Street address. To Mrs T F Brangan a birth noted with incomplete details. To Mrs E Silbrecht a birth recorded November 6 at Galveston Street.
At Fort Worth cattle market remains below packer demand with steady sales. Southern pens sold two loads at 5.70 and 5.85. northern yards three loads at 6.50. Feeders and stockers steady with several loads at 6.40 and 5.15 respectively. Cows and heifers up to 5.45, with common cows 4.00 to 4.25 and bulls 3.50 to 4.50. Calves show strength with a 97.25 top. hogs firmer, top 3.05, bulk 7.70 to 8.00. Sheep arrivals about 560 head. no early sales.
Cattle receipts 6000 slow and steady prices ranged from 4.35 for Texas steers to 10.75 for high beef offerings. Hogs receipts 16000 market strong with values from 4.75 to 8.20, hogs and sows noted. Sheep receipts 20000 demand strong with native and western sheep and lambs priced from 3.60 to 7.40.
Receipts and quotations show cattle at 6000 head including 2000 Texan, steady. native beef steers 5.50 to 10.80. Texas and Indian steers 5.00 to 7.00. cows and heifers 3.25 to 5.00. calves in car 6.00 to 6.50. Hog receipts 5900, 6 to 10 cents higher. pigs and lights 6.50 to 8.05. mixed and packers 7.70 to 8.15. good heavy 8.00 to 8.10. Sheep at 1800, steady. native muttons 4.10 to 4.25. lambs 5.50 to 7.50.
Receipts at Kansas City totaled 7500 cattle including 200 southern cattle, with native steers 6.50 to 10.50, southern steers 4.25 to 6.25, cows and heifers 3.25 to 5.25. Hog receipts 5000 with prices 5.10 to 7.90. bulk 6.70 to 6.85, packers 7.60 to 7.85, lights 7.50 to 7.80, pigs 5.75 to 6.75. Sheep receipts 8000 strong with muttons 3.76 to 5.00, lambs 6.00 to 7.50, range wethers and yearlings 4.00 to 6.00, range ewes 2.50 to 4.50.
The Standard Oil Company of Kansas announced its first dividend since its dissolution as a trust, distributing $3 per share to shareholders and declaring an extra $2 per share.
London Nov 7 The Telegraphs Peking correspondent reports arrangements are complete for a December 1 issue of a 106 million dollar internal silver loan at 8 percent. The loan will be secured on national taxes.
Markets show little price relief as refiners hold firm while sugar stocks fall after election results. Beet sugar in Europe hits multi year highs and Cuba reports a bumper cane crop. Bullish bets cited on Louisiana floods but traders doubt impact. Page notes broad gains in dairy, beans, and Texas peas amid abundant San Antonio produce.
Butter steady creameries 2814 324 percent daisies 25 30 eggs steady receipts 2119 cases at mark ordinary firsts 23 firsts 26 Cheese steady daisies 17 percent twins 16 017 young Americas 16 17 long horns 16 17 Potatoes strong receipts 46 Minnesota 47 50 Michigan 48 63 Wisconsin 45 42 Poultry live firm turkeys 16 chickens 11 springs 13 Veal steady 9 14
New York markets show continued stock declines with Beet Sugar dropping over 3 points and American Tobacco slipping nearly 2 points. St Paul leads gains at 2 percent while Rivals like Reading and Steel face pressure as profit-taking weighs on overall activity.
New York on November 7 reports money on call steady at 4 to 6 percent with a ruling rate of 5 percent. Closing bids show 4 3/4 percent offered and 5 percent for six months, with weaker figures in line loans across sixty to ninety days.
A dense list of 1912 property transfers shows numerous transactions by buyers and receivers across San Antonio blocks and new city blocks. Names include R A Gates Clyde Davies K M Niklass A J Greiner J Ed Daugherty Fritz Scheel J P Burg E Swan C W Payne Henry Stein Nettie C Williams B G Neighbors Juan Allea Frank Allen A R Forsyth Charles Zeeller H Rudinger G W Dietz T F Wray Minnie Wood J S Gunderman Albert Richter Ella Rilling Wilhelmina Schriner Max Brotze L W Gillett Martha M Gillett and others. Totals vary by parcel, many in Rosedale Park and East End areas with prices from $50 to $10,000 and dates from June to November 1912.
ST. LOUIS, Nov 7. Poultry prices listed with chickens at 10 cents, springs 12, turkeys 17, ducks 12, geese 11 cents. Butter creamery at 27 32, eggs 26 cents.
New York November 17 eggs firm with receipts at 13 065 and fresh gathered extras quoted between 37 and 40 cents. The brief market note records current prices and trading strength for the day.
Raw sugar remains steady with muscovado 89 test at 3.55 and centrifugal 96 test at 4.05. Molasses sugar 89 test 3.30 and refined products steady. Petroleum and molasses hold, hides quiet, leather firm.
Kansas City reports butter eggs and poultry unchanged. New York coffee market lists No 7 Rio coffee prices steady with December at 13.90 and March at 14.00 per unit. Price quotes reflect stable commodity trading across crops.
Commodity price brief from Houston and St Louis markets dated Nov 7 shows lead at 4.60 to 4.66 dollars, spelter at 7.26 dollars, with regional quotes listed for metals trading.
Cotton seed oil products are listed with prime basis at 4.93 to 4.94, meal priced at 24.50, and linters noted as nominal in Memphis.
Burial permits issued for Dolores Alvarado aged 1 who died November 6 at 312 San Luis Street. George M. White aged 63 who died November 4 in Boerne Texas. Incarnacion Garcia aged M years who died November 5 at 1626 San Pelarcos Street.
New York reports cotton seed oil remaining steady as November activity shows multiple lots traded from 5.85 to 6.26 with total sales around 22 200. Copper, tin and lead market snippets follow with spot and forward ranges across standard, casting, and domestic grades.
London reports the Bank of England took into its vaults bullion valued at 207000 pounds sterling on balance yesterday. The transfer underscores ongoing movements in precious metal reserves during the week.
Chicago market notes wheat easing after good weather and ample receipts, with December futures showing modest moves. Corn weakens as rain stops, oats slide with others though a yard rally lifts provisions with pork and rib prices up. forecasts of light January receipts support wheat.
Chicago market report shows cash wheat prices for No 2 red 105 107 No 2 hard 990 92 No 1 northern 89 90 No 2 northern 7 89 and more. Corn No 2 6% No 2 white 57 58 No 2 yellow 58 58e Oats No 2 white 33 34 standard 82% 33.
Quotation report from St. Louis lists cash wheat No. 2 red at 108 3/4 cents, No. 2 hard 88 9/10, corn No. 2 at 58 1/2, No. 2 white 59 1/2, oats No. 2 at 32 1/2 and 33, No. 2 white 45 1/2 cents.
Quotations for cash grain today list wheat and corn prices by grade. Wheat prices show No 2 red at 97 to 99 cents, No 3 at 94 to 97, and No 2 hard around 84 to 89 percent. Corn quotes include old No 2 mixed 55 to 56, new 52 4, No 3 old 54, new 81 2, No 2 white 56 to 61, and oats No 2 white 38 to 33 1/4.
New Orleans on November 7 reports firm rough rice and strong clean rice. Sales totals include 8796 rough, 7739 milled rough, and 1635 clean with Honduras and Japan lots exchanged at varied prices. Quotes show rough Honduras at 3 to 4.25 and Japan around 2.50 to 3.90 with clean Honduras around 4 to 5 percent.
London market report lists Consols for money at 741 16a, account 74%, bar silver steady at £8 13-16d. Money market 2% 3% and bills at 415-16, three month bills 16-16.
Paris money desk reports three percent rentes at 82 8 to account with exchange on London at 251 23 for checks. Private discount rate stands at 3 percent.
The New York dry goods market reports steadiness in cotton goods with larger house activity and more buyers over the holiday. Yarns show firmness and an advancing tendency as trading continues.
In St Louis on November 6 market quotes list lead at 4.60 and spelter at 7.30 per unit.
License notice lists No 2918 H or Mitchell at Alamo Plaza with partial markings 2914 F and B Penjinnien, indicating classification or related entries in the local vehicle license records
Weather report from 8 am observations across multiple cities including Abilene Amarillo Augusta Birmingham Boston Brownsville Chicago Charleston Corpus Christi Del Rio Fort Worth Galveston Jacksonville Kansas City Key West Knoxville Louisville Macon Memphis Miami Montgomery New Orleans New York City listing wind direction speed and conditions with rainfall amounts and cloud cover for each location.
London copper spot and futures trade at 76 pounds per 100 pounds ad valorem and 1123 6d futures. Tin remains dull at 228 pounds sterling spot and futures. Lead at 18 pounds 3d, spelter at 27 pounds 6d. Iron Cleveland warrants 66a and 64 in London.
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