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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Nov 10, 1913
Page
9
New York stock activity shows liquidation and renewed selling pressure with several major issues hitting yearly lows. New Haven and American Telephone missive lows, St. Paul and Rubber down, rails and coal shares slide while bonds weaken and cash rates edge higher on a sluggish market bid.
County officials insist bond issuance for 1,000,000 dollars will follow state law awarding contracts to the lowest and best bidder. A seven member citizens’ auxiliary committee will help canvass bids, decide road improvements, and hold substantial authority alongside the commissioners. The tax rate remains 35 cents, with salary reforms cutting per diem while raising base pay for the county judge and commissioners.
Lead quiet at 4.30 on London trading. copper, tin, and antimony show mixed moves with spot and futures quotes. Tin ranges near 39.10 to 39.70. copper and zinc show varied prices. along with No. 1 northern and southern tram metals quoted, and Cleveland warrants noted.
5ST. LOUIS Nov 10 Lead price at 4.20, Speller 5.15 6.17 percent. NEW YORK COFFEE and YORK Nov 10 Coffee No 7 1% futures firm. December 9.47, July 10.34.
General weather bulletin notes observations at 8 a m Monday November 10 1918 Memphis spot cotton steady at a decline of one quarter cent middling price 13 1/2 cents per pound in effect.
U S Department of Agriculture weather bulletin for San Antonio and East Texas predicts fair skies tonight and Tuesday with rising temperatures. Precipitation yesterday was none. normal daily precipitation is .08 inches. Total since January 1 is 28.76 inches, an excess of 4.66 inches.
Saginaw woman Mrs Samuel Trott Patton lives with her husband in a remote Central American jungle settlement near Mal Provo, traveling from New Orleans to Guatemala City to reach their survey site 8000 feet above sea level. The couple, high school sweethearts from Saginaw, married before her departure. Letters home describe life in the wild under the Southern Cross.
San Antonio ships first dressed turkey carload to northern market with another likely later this week. Turkey dressing houses resume season, with strong demand and 12 cents per pound paid by live turkey buyers. Egg markets steady. New York prices rise amid potential corner and possible Australia imports. Bulk starch and corn products firm as syrup demand rises. ribbon cane from East Texas arrives at 40 cents per dozen stalks. Wholesale market activity is brisk and above last year.
A dense catalog of wholesale prices for eggs, poultry, butter, cheese, vegetables, fruits, and staples. Includes per dozen, per hundredweight, per crate, and per barrel rates for markets in California, Colorado, Texas, Florida, Mexico, and more, with items such as eggs 28c a dozen and flour around 4.90 a barrel.
San Antonio carload lots list Texas oats at 65 cents per bushel and hay prices around 11 912 dollars per ton for South Texas alfalfa. California canned goods show fruits and vegetables with prices for apples, apricots, peaches, tomatoes, and beans, plus meats, lard, dried fruits, and raisins. Prices cover dozens of items from beans to dried peaches and various wines. many figures across units and years.
Kansas City prices list butter 30c firsts 29c seconds 27c packing 204¢. eggs first 33c seconds 22c. poultry hens 8 lve roosters 9c ducks 1c springs 11c.
New York markets show hides and leather unchanged while sugar and molasses hold steady. Raw sugars steady with muscovado at 3.04 cents, centrifugal at around 3.4 cents, molasses sugar near 2.79 cents. refined sugar also steady.
Chicago dispatch reports unchanged butter and Rex quotations. Potatoes rise with 70 car receipts from Michigan and Wisconsin at 65 67 cents and Minnesota Ohio at 65 7% cents. Poultry markets firm with live readings higher for springs at 12 cents, fowls 10 cents, and turkeys slightly up.
New York prices listed for eggs and assorted extras with varying grades and pack sizes. The report notes ranges from 41 to 45 cents for extras and 26 to 37 cents for thirds, highlighting market volatility and current wholesale quotes.
In St Louis Nov 7 a market update lists prices for poultry and butter with chickens at 10 cents, turkeys 15 cents, ducks 12 cents, geese 10 percent. creamery butter 31 cents. The item notes the English prison mission ships 40,000 letters to inmates at Christmas.
Union Stock Yards reports light receipts compared with last week. At noon 629 cattle 356 calves 36 hogs 259 sheep 259 goats remained in first hands as prices fell a quarter. Best cows brought 5.00, most offerings 4.00 to 4.50. calves to 6.25, typical around 5.50. hogs to 7.25. Sheep and goats unsold at noon.
Fort Worth Texas cattle receipts reach 1800 with calves near 1000. market steady. Reeves top cattle at 6.25 to 8.25, stocker cows 4.00 to 6.00, calves 5.50 to 6.00. Hog receipts 1409 with 10 to 15 cent advance, top 8.25 and bulk 8.00 to 8.20. Sheep market slow but generally steady with 1200 head noted.
Chicago reports heavy daily receipts with hogs at 7.60 to 8.25 for various classes, cattle at 4.70 to 11.25 for beeves and calves, and sheep at 4.15 to 7.80 for natives and yearlings, with markets described as strong or firm. includes specific price ranges for hogs, cows, steers, calves, and lambs.
Kansas City market reports show receipts of 6000 hogs with prices from 6.00 to 7.90 per head and bulk sales around 7.70 to 7.90. Cattle receipts total 1500 with prime fed steers 8.75 to 9.40, dressed beef steers 7.00 to 8.75, cows 4.16 to 7.00, and heifers 5.00 to 9.00. Sheep receipts near 9000 with lambs 7.00 to 7.75, yearlings 5.50 to 6.25, wethers 4.50 to 5.25, ewes 4.00 to 4.85.
Cattle receipts around 12 000 head with 1400 Texans. Native beef steers 7 50 to 9 25, cows and heifers 4 25 to 7 80. Texas and Indian steers 5 75 to 7 00, calves 4 25 9 59 per carload. Hog receipts 7500, prices 6 75 to 9 25. Sheep 3500, native muttons 3 75 to 4 60, lambs 5 25 to 7 85. Ends with humorous local note about M T Hedde and Tebe Toppleton.
New York cotton opened with a small advance but weakened under liquidation and local pressure. By 11 o'clock active months traded 4 to 5 points below Saturday's close, though later noon prices rose about 9 to 10 points on covering and trade buying as demand was strong below 13 cents for spring months.
New Orleans November cotton futures opened with a 6 to 9 point advance on fresh long buying as favorable weather sparked early activity. By mid-morning prices fell 7 to 8 points below last week's close on light offerings, then recovered with renewed demand as telegrams from the eastern belt indicated most of the crop had been gathered and sold, keeping the market steady into the early afternoon.
Futures opened steady across a range with November at 13.12 to 18.14 cents and December at 13.24 to 18.25 cents. January 13.28 to 13.24 cents, March 13.31 to 13.82, May 19.88 to 18.39, and July 18.43 cents. Cotton closed with a net advance of 12 to 15 points.
Liverpool market notes show spot demand fair and prices easing with middling at 7.42 pence and low middling at 7.20. Reported sales total 6,224 bales with 8,000 bales, 7,400 bales of American and 1,000 bales for speculation and export receipts, plus 5,200 bales including 41,300 bales of American.
Futures in Liverpool trading closed steady with a range of contract quotes. November at 7.1441d, November-December 7.00d, December-January 7.99d, January-February 6.98d, with other pairs around 7.00d to 6.54d across the season.
New York middling at 18.60 with New Orleans at 15 5 16c and Houston at 13 5 16c. Galveston reports 18 9 16c middling while Liverpool stands at 7.42d and Memphis at 13 (currency shown as 13 'yc).
Spot cotton in New Orleans on November 10 quiet with middling at 185-10 and various classes quoted between 9 1/2 and 15 1/2 cents. Sales on the spot 453 bales. arrivals none. Receipts 15,524 bales. stock 159,977 bales.
Houston tex November 10 spot market closes steady with activity seen in 1212 bales sold f e b 5175. Shipments reach 26393 bales while total stocks stand at 165460 bales. Prices range from low ordinary 75 116 cents to good middling 139 16 cents with middling around 135 16 cents.
Spot cotton held steady with no sales on the spot. Receipts reached 22,991 bales, bringing total stock to 227,677 bales. Noted in Galveston Tex dated November 10.
New York November 10. Cotton spot market quiet with middling uplands at 13.60 cents and middling gulf at 13.86 cents. No sales reported.
Memphis based cotton seed products list prime basis oil at 6.19 to 6.14, meal 27.25 to 27.50, linters 3 4c. New York cotton oil market closes steady with spot 6.94 to 7.00. futures range from November 6.94 to 7.37 and total sales 6000 across several contracts.
New Orleans November report notes the cotton trade awaits census and agriculture department yield estimates due in December. Ginners and receiving points estimate remaining crop. private ginning reports end this week. Spot market remains quiet with steady absorption. potential price influence from supply demand shifts and possible U S intervention fears.
United States Steel Corporation unfilled tonnage for October stood at 4 519 767 tons, down 490 018 from September, marking the tenth straight monthly drop this year. Railroad equipment contracts rose in October though well below 1912 levels by about 2 percent. Large orders for rails and track supplies reached 5 000 tons, including two 15 000 ton lots for Reading. Orders from Jersey Central Hocking Valley and St Louis Brownsville and Mexico reached 1 000 to 2 000 tons each while Lorain Steel booked 1 000 tons for Buenos Aires. Chicago and Northwestern added 40 locomotives. A notable development was testing for three more sections of structural steel. Tin plate orders appeared at a new base price of 3 40 per box. The Pearl Harbor Hawaii project was the major steel building order at 3 500 tons. Pig iron trade remains weak with prices declining and October output reduced with sharper curtailment expected in the month.
A New York American report explains raw onions may drive out colds by the onion oil attacking cold microbes including the pneumonia germ under certain conditions. It notes the onion as a spice though its flavor remains dominant and cites Dr Alfred Gigon's five spice divisions and their digestive effects.
Chicago and St Louis reports show wheat advancing on higher cables and speculative buying. Liverpool gains, Argentine crop outlook 15 percent lower, with corn and oats also mixed. Futures quotes list December and May prices for wheat corn and oats, with regional variations.
Kansas City reports cash grain bids with No 2 hard at 82 97 and No 2 red at 98 1/2 cents. Corn bids show No 2 mixed 76 1/2 and No 9 white 76 1/2 cents. Oats bids list No 2 white 41 cents and No 2 mixed 40 cents. Wheat futures close December at 81 1/2 and May at 86 1/2 cents.
Chicago market notes list cash wheat prices for No 2 red No 2 hard No 2 northern No 2 spring velvet chaff durum No 2 white and No 2 yellow with varied cents per bushel. oats and barley prices also shown with standard figures.
Cotton statistics from Lockhart Texas indicate the month will finish the season with the staple quality improved, representing nearly the top crop. Storms and high water in October shortened production by several thousand bales, affecting early yields.
Texas authorities report 2,245,400 bales ginned in the state by November 1, count includes half bales from the 1913 crop. Last year to that date saw 3,022,353 bales. in 1911 the figure was 2,383,600.
Arrived yesterday the steamer Harperly a British vessel from St Thomas. Sailed Beamers Maria de Larrine for Manchester and Haskon for Tampico.
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