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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Nov 10, 1912
Page
19
York reports middling at 12.26 cents and gulf at 12.50 with actions in Orleans and others showing gains. Spot and futures move higher amid strong export figures and improving foreign demand while frost and tariffs influence outlook for American cotton trade.
New York and London trading floors closed the week heavy amid Balkan Turko war developments. Beets, woolen shares and tariff linked issues showed weakness while crop prospects and Wilson’s pledge buoyed sentiment. Rail traffic strains and bank reserves improved as the week ended with cautious optimism.
J M Felder, cotton exporter in Port Aransas, visits the cotton exchange and board of trade and predicts Aransas Pass will soon rank among leading cotton ports. He expects the port to grow with a multi million bale output as acreage expansion continues despite channel and dock challenges and a pending railroads suit.
A garbled listing presents cotton receipts by port cities including New Orleans Philadelphia Boston Newport News Baltimore Pensacola Port Arthur Jacksonville Texas City Aransas Pass Seattle and Brunswick with figures scattered such as 20 785 755 602 902 171 216 181 442 196 812 17 145 3 338 88 058 26 604 31 595 6 117 374 008 25 304 1 206 and 887 296. The text reads as a data table of quantities by port rather than a narrative report.
The report lists stock at all United States ports and interior towns, with figures for the current period and the same time last year. It also includes stock at Liverpool and ships carrying American afloat for Great Britain, with multiple numeric totals.
Net receipts at all U S ports for the week reached 808 498. Cumulative receipts since Sept 1 totaled 3 879 796. For the same period last year receipts were 8 964 780 on file.
Exports for the week reach 800 272 units, up from 245 565 in the same week last year. Cumulative exports since September total 1 2 678 219, compared with 2 742 196 for the same date last year.
Stocks of print paper on hand at September end total 47 231 tons, up 1 248 from August and down 1 889 from September 1911, with September production at 97 486 tons and shipments 93 750 tons. In hides and leather markets, hides steady with Bhoota 28 29, Central America 28 ½, leather firm. wool prices mixed by grade in St. Louis trade.
Henry L. Doherty & Co reports heavy demand for the Utilities Improvement Co preferred stock. Subscriptions reached 8794 from 41 states and Canada, with half the issue sold abroad via London banks. Allotments are $500 per subscriber plus about 15 percent of the balance, as of October 16 to 26.
Prime mercantile paper 6 percent. Sterling exchange steady with actual business in bankers' bills at 4.81 26 for sixty day bills and at 4.85 50 for demand. Commercial bills 4.81. Bar silver 62 1/2. Mexican dollars 19 1/2 cents.
Money on call Time leans steady as traders note unchanged rates in the New York financial scene. Sixty days 6 percent, 90 days 5 and one half to 6 percent, six months 5 percent.
Observations recorded at 8 p m on Saturday November 9 1912. The data capture includes atmospheric readings typical of early 20th century weather reporting.
Observations taken at 8 p m EST describe air pressure reduced to sea level, isotherms for equal temperature, and weather symbols. The report lists thermometer readings, precipitation amounts, and maximum wind data, noting missing arrows and trends for past 24 hours.
In San Antonio's wholesale district, last week saw high volume as country buyers surged in, buying large cultivators and farming gear from hardware jobbers. Farmers expect intensified farming and higher cotton earnings, while out of town buyers from Boston and Philadelphia target wool and staples amid a booming market. Notable wool buyers visiting include Charles Palmer, Henry Burns, M. Cumming, James McQuirk, Charles Haigh, and C. D. Stokes.
Retail prices for poultry fruits vegetables dairy and staples with long lists for hens turkeys butter eggs cheese and more. Also includes bank statement data and rough notes on dried goods and canning supplies.
R G Dun weekly trade review notes improved business outlook and rising market buoyancy in New York. Iron and steel flows to consumption with premiums for prompt delivery, car shortages persist, equipment prices may rise, and demand for plates and line pipe remains brisk.
Quotations from St Louis on November 9 show poultry prices with chickens at 9 to 9 1 2 cents, springs 12 cents, turkeys 17 cents, ducks 12 cents, geese ile. Butter creamery 27 38 cents, eggs firm at 26 cents.
Receipts were moderate with quality desirable as prices rose to top marks. Cows sold to 4.25 dollars, calves to as high as 4.76, hogs to 7.50, with packer grades around 7.60 and good mediums near 7.
Fort Worth stockyards report a steady cattle trade with 700 receipts. Steers and cows sold close to steady values, calves brought up to 5.75, hog prices ranged with a top around 8.10, and no sheep were offered. Northern markets ran about 10 cents lower. one lone load of steers and several loads of stockers appeared among the day’s offerings.
Receipts and prices for cattle hogs and sheep reported at St Louis on November 9. Cattle receipts 1000 including 300 Texas and Oklahoma steers steady prices ranged native beef steers 6.50 to 10.80 cows and heifers 3.25 to 6.00 calves 56.00 to 60.00 per carload. Hogs receipts 4000 market 10c lower with hogs and lights 6.75 to 8.10 mixed and rep 7.75 to 8.15 good heavy 8.10. Sheep receipts 1200 market steady native muttons 4.15 to 4.35 lambs 5.50 to 7.50.
Receipts and quotations from Kansas City on November 9 show cattle with 2000 head, hogs 4000, and sheep 500. Cattle steady with natives 6.50 to 10.50, southern 4.25 to 6.35, cows 3.25 to 5.25. Hogs steady with bulk 7.70 to 7.80, heavies 7.75 to 8.85, lights 7.60 to 7.80. Sheep steady with lambs 6.00 to 7.50, ewes 2.75 to 4.60.
Cattle receipts 1500 with market steady. Reeves 5.30 to 10.65, Texas and western steers 4.35 to 9.20, stockers 4.15 to 7.15, cows 2.75 to 4.70, calves 4.60 to 10.75. Hogs receipts 12,000, market slow to steady, l0e lower. light 7.45 to 8.05, mixed 7.55 to 8.15, heavy 7.45 to 8.15, pigs 5.00 to 6.85, bulk 7.80. Sheep receipts 2000, market steady. natives 3.50 to 4.60, western 3.60 to 4.50, yearlings 4.70 to 5.85, native lambs 5.50 to 7.50, western 5.65 to 7.40.
Sugar quotes remain unchanged as of November 9 with refined sugar at 4.90 dollars less 2 percent cash. spot raw sugars steady at 4.05 dollars for centrifugal 3.55 for Muscovado and 3.30 for molasses. European beet sugars hold firm with November beet at 6d December 9 7d4 and May at 108.
United States Steel reports October unfilled tonnage of 7,694,851 tons, higher than a year ago and above September. The record shows growing backlogs with last year's October at 3,694,328 tons and September this year at 6,551,507 tons.
Edward Lamb returns from Waco where the Texas Produce Dealers association organized its first meeting. San Antonio sent a proxy and members pledge to unite to curb tramp car nuisances and unfair competition. Officers include F F Finks Austin president B C Dissen Houston vice presidents A A Jackson Dellas secretary treasurer J C Dillard Waco. Directors include J E Bryant Amarillo Edwin Lamb San Antonio and Gus Japhet Houston among others with initial membership listed.
Copper dull with spot at 76 pounds 10s and futures 77 pounds 2s 64. Tin spot 229 pounds, futures 225 pounds 6s. Spelter at 27 pounds 7s 64. Lead at 18 pounds 6d. Iron Cleveland warrants 67s in London.
A long list of 1912 property transfers shows numerous deeds and parcels. Transfers involve B P Stephenson Basilia Gomes and many Edwards family members across Bee county and San Antonio areas, with prices ranging from 5 to 1500 dollars and many November dates. Other notable transfers include Lakeview and Moore subdivisions, city blocks, and various lots in Lakeview Tampico addition and Missionfield.
Adolfo Munoz and Refugio Lopez, Robert Cooper and Mrs. Leona Zantzin oer, William Lee Jones and Lille Magness, Nasaria Amisquito and Sostenes Man sanales, Miguel Romero and Mercedes C. Tella Jesus Maldonado and Josefa Jimenez, Fred Boeck and Ida Redfield, Richard J. Haas and Angelina Pedrotti, Hayes C. Jones and Annie Jernigan, Silvestra Gutierrez and Paula Arenivas, Gustav A. Elfers and Martha Nelson, Clay Cuffins and Lizzie Scott, G. W. Anthony and Malinda Johnson.
A baby boy was born to Mr and Mrs Frank Cardenas at 8514 South Laredo Street in November.
Delevan H. Bourgeois aged 22 died October 6 in Nicaragua. Erick P. Lawson aged 54 died November 9 at City Hospital.
Alamo Home Builders received permits for five 5 room houses on Rivas street at $6000 total. M Sanchez obtained a permit for a 2 room house on San Patricio street at $250.
Chicago Nov 9 Mixed grain trade faced war impacts and crop data with corn estimated 3 169 137 000 bushels and wheat around 603 000 000. Bears were pressed by buying on investment demand as hog futures eyed higher in coming week and pork consumption remained strong amid shrinking stocks.
Kansas City cash grain prices show No. 2 hard wheat around 84 90, No 2 red near 97 1, No. 2 corn mixed around 62 65, No. 2 white oats at 33 34, with futures for December and May noted for wheat and corn.
Fragmentary text lists items with codes and prices including No 2 spring velvet cheer durum and 83 Cor xo 2 87, 23% 34% standard Six 633% and other numbers. Readable entities are limited but show catalog-like codes and amounts.
Cash wheat prices show No 2 red 1 06 LOT% No 2 hard 89 981%c. Corn lists No 2 65%C No 3 white 680 Oats No 2 32% 33%c No 3 white s4lic. December wheat closes 30%c May 96%c. December corn 47%c May 4840 Oats December 31%c May 330.
New York on November 9 reported steady cotton goods markets with Algonquin prints advancing a fraction per yard while wool markets stayed firm and silk markets held steady.
New York markets report raw sugar Muscovado 89 test at 3.65 and 4.05 for other tests. Molasses sugar 89 test quoted at 3.65, refined sugar steady with granulated at 4.90 and powdered 5.25 to 5.60. refined barrels 3.35. Petroleum steady with refined barrels at 3.35. New Orleans kettle opening noted at 37.
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