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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Nov 07, 1913
Page
13
An old time remedy advertisement promotes podophyllin laxatives to release bile and relieve headaches coated tongue dizziness and low spirits. It advises asking a druggist about Podophyllin and PoDoLax, claiming guaranteed satisfaction after the first bottle.
New York stock market opened with uncertain direction and fluctuating gains. Sentiment abroad was cautiously hopeful as American shares rose in London, but overall mood remained wary with intermittent short selling and several declines. Major movers included Reading, Canadian Pacific, Amalgamated, National Biscuit, Beet Sugar, Mexican Petroleum, and steel tapping demand while Lehigh Valley and Missouri Pacific fell.
Lead quiet at 4.30, London 20s, Spelter 5.30. Standard and electrolytic prices listed. Tin, antimony, iron quotes with London and Cleveland warrants noted.
Chicago market quotes show mixed grain values on November 7 with No. 2 red wheat at 94% to 95% cents, No. 2 northern and spring wheat around 87 to 88 cents, and oats led by No. 2 white at about 41 to 41 1/2 cents.
A fragment shows commodity prices with misspelled words and figures such as lead at 4.20 and spel ter at 5.20 5.22, indicating a historic market or trade notation in St Louis. The text is unclear but preserves numeric price hints and location.
Prime mercantile paper at 615.6 per cent, sterling exchange steady at 4 850.25 for 60 days and 454.90 for demand. Commercial bills 4.79. Bar silver 59 4. Mexican dollars 4. Government bonds steady. Railroad bonds irregular.
Weekly cotton statistics show imports totaling 168000 bales with 144000 from America and stock at 682000 including 398000 from American sources. American shipments forwarded amount to 99000 while exports reach 2350 bales.
The forecast for San Antonio and vicinity calls for fair and colder conditions tonight and Saturday. East Texas should also expect fair and colder weather. Precipitation yesterday was none with normal for the day and .06 inch total since Jan 1 with a deficit of .06 inch, and 23.76 inches for the year with a 4.90 inch excess since Jan 1.
Country merchants stock up for Thanksgiving with large turkey imports and heavy cranberry and tomato activity. Pack houses operate early, cold storages near full, and prices for turkeys and cranberries trend lower to consumer, while eggs rise and bad lots push commission merchants to manage losses.
Quotations show butter unchanged eggs higher with 2917 cases received at mark and 2520c to 29% for ordinary firsts 27 29c and 31 32c for firsts. Cheese and poultry unchanged potatoes unchanged with 50 cars received.
New Orleans market observers report on cotton prices and trade activity. Traders note unsettled futures, varying basis levels, and demand from textile mills in the region. Local brokers expect price direction to hinge on weather and export demand.
Wheat rose on firmer Liverpool cables and bullish crop news from Tun dra and Russia. Opening prices improved then eased, corn outlook helped by unsettled weather. Strong import demand and commission buying supported gains, while Danubian corn reports caused a brief dip before a rally ended with a strong close.
Quotations for dairy and poultry today show butter at 80 cents for creamery, 28 for firsts, 27 for seconds, and 26 2 3 cents for packing stock. Eggs range 31 cents for firsts, 20 for seconds, poultry includes hens at 10 cents, roosters 9 cents, ducks 10 cents, and springs 11 1 2 cents.
An old advertisement-style notice promotes Croxone as a quick solving remedy for backache and urinary issues. It claims kidney cleansing restores function, relieves lumbago, rheumatism, and dropsy risks, with a promise to refund purchase if it fails. Three doses daily often suffice.
The report lists cash wheat and corn prices by grade, oats values, and December and May futures for wheat corn and oats. It also records yesterday’s receipts of flour and grains and shipments of flour wheat corn and oats from St Louis and Chicago markets.
The text lists cash wheat prices for No 2 hard 86 8ic No 2 red 916 790 cents and corn No 2 mixed No 2 white 75 percent and Ontario No 2 white 4lc No 2 mixed 460c. Wheat and corn futures show December and May quotes with fractional cents and bid offers, including Wheat December 80 percent S81bc May 8614 864c and Corn December 70'¢¢ May 72 c.
New York trading notes steady prices for coffee futures with No 7 Rio up 10 percent. December futures quoted at 9.79 cents per pound and July at 10.62 cents, signaling muted shifts in the market.
Fort Worth market reports cattle receipts around 2,500 with calves 200 and steady to higher prices. Beef steers range from 5.50 to 6.65, stocker cattle 5.50 to 6.00, butcher cows 4.00 to 5.55, bulls 4.00 to 5.00, heifers 5.00 to 7.00, calves 6.05 to 7.00. Hog receipts about 1,000 with top at 8.00 and most sales near 7.75. Sheep receipts 2,400 with market slow and no prices listed.
Receipts and quotations for hogs cattle and sheep in Kansas City show hogs at bulk 7.50 to 7.80 for the best classes and 7.60 to 7. oa for heavies. Cattle receipts total 1000 with prime fed steers 8.80 to 9.50 and cows around 4.16 to 7.00. Sheep receipts 4000 with lambs 7.90 to 7.75 and yearlings 5.25 to 6.00 as wethers and ewes rise.
Chicago market notes show hog receipts at 17 000 with gains of about ten cents across grades. Cattle receipts 2500 with a dull weak tone, beef and Texas steers mixed, calves higher. Sheep receipts 18 000 with strength of up to ten cents, native lambs quoted around 6.00 to 6.30.
Receipts total 1600 cattle including 200 Texans with steady demand. Native beef steers 7.50 to 9.25 dollars, cows and heifers 4.25 to 8.50, Texas and Oklahoma steers 5.75 to 7.00, calves 4.25 to 5.60. Hogs receipts 6590 with higher market. pigs and lights 6.50 to 7.95, good heavy 7.85 to 8.00. Sheep receipts 4000 with steady market. native muttons 3.75 to 4.50, lambs 5.25 to 7.60.
Marine intelligence from Galveston reports arrivals as of yesterday including steamers Viator Puerto Cortez Maria de Larrinaga Bjornstjernen and Port Arthur and Port Tampa. Cleared vessels include Borkum Bremen Santanderino and Liverpool Viator Puerto Cortez. Steamer El Oriente failed at New York.
New York trading opened with a sharp decline of 31 to 18 points pushing cotton to fresh movement lows. By late morning reports of large weekly mill purchases and strong ginning forecasts steadied and nudged prices up, with noon levels near yesterday’s close and a firmer afternoon on covering and bullish sentiment.
Cotton futures traded steady as markets opened with December at 13.32 and May near 18.22 while January 13.15 and July 18.16 showed narrow moves. the session closed steady with varied intraday highs and lows across the board.
Cotton futures in New Orleans opened steady with a 6 to 10 point decline on weak cables and a 15 340 000 bale crop estimate by a local expert. Bulls sent telegrams praising figures while bears pressed shorts. trading hours saw prices down 8 to 11 points then recovering to near yesterday's close. In afternoon quiet, prices remained steady with 13 points above yesterday at 2 pm. A bold local bull operator threatened to wager 1000 pounds that the crop would not reach 14 500 000 bales.
The market shows steady openings across contracts with November at 11 point gains. Prices for December January March May and July reveal modest shifts with close values near prior levels and mixed daily ranges across sessions.
Spot cotton in fair demand at Liverpool with middling to good ordinary levels easing. Prices listed for middling fair 7.98d, good middling 7.684, middling 7.614, low middling 7.294, good ordinary 6.654, ordinary 6.314. Sales reach 10,000 bales, including 9,600 American and 1,000 for speculation and export. receipts total 11,000 bales, including 960 American.
Cotton futures closed steady in Liverpool with prices across the curve showing modest changes. Key front months listed include November at 7.244 and December at 7.12194, with several spread quotes like Jan-Feb 7.100 and March-April 7.100 reflected in the session.
Spot cot ton in New Orleans quotes mixed middling prices with percentages noted for various grades. Receipts totaled 9,869 bales. stock held at 159,579 bales. Market indications show demand and price adjustments across grades and regions.
Spot cotton remained quiet in New York with middling uplands at 14 cents and do gulf at 14.25 cents. No sales were recorded.
MEMPHIS TENN November 7 Spot cotton holds steady at 138 and 3/4 cents per pound in the local market with unchanged quotations. The market shows quiet trading as buyers and sellers keep to the side lines amid mixed demand signals.
Prime basis one meal listed at 27.25 to 27.50 dollars per unit while linters are priced at 3 dc.
The New York cotton seed oil market closes easy with spot bids at 6.95 and futures from November to July quoted between 6.95 and 7.50. Transactions total 4100 barrels with varied lot sizes, including January through May contracts and late-April sales.
Orleans today Mr Cordill lists state crop estimates: Alabama 16 50 000 bales. Florida 95 000. Georgia 2 780 000. Louisiana 390 000. Mississippi 1 225 000. South Carolina 1 609 000. Tennessee 0. Texas 4 250 000. North Carolina 0. Oklahoma 200 000. Panama taxicab service arranged.
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