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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Nov 20, 1912
Page
9
Cotton opens with a modest advance and covers shorts while selling eases to near yesterday’s close. Spot middling cotton sits around 12.40 as futures finish steady across the board with December and March posting gains and nearby contracts holding firm.
Rice and nut markets shift as mill price hikes push up screenings to 3.75 4 and head rice to 5.75 6.25 with Jap at 5. Merchants expect US consumption to rise to record levels while pecans and walnuts move on strong forecasts and holiday demand. Malaga grapes arrive amid stable prices while California grape shipments taper. Industrial buyers report heavy stockpiles for the holiday trade.
New York November 20 stock trading opened with minimal moves aside from a few gainers in Canadian Pacific Lackawanna Steel and Rubber. Oil shares led by Mexican Petroleum and California Petroleum moved strongly while other issues remained largely under pressure with metals and chemicals showing mixed results.
Stockyards at Fort Worth Chicago Kansas City and Oklahoma City show thin cattle calves and hogs receipts today. Prices steady with yesterday with best cows calves and hogs cited. Buyers anxious due to low stock while butchers seek steers from country. market seen as poor seasonally early for fed stock and late for grassers. Receipts expected light this week but hoped for increase next week.
Wheat opens near 89 to 90 cents and slides to a new season low as Liverpool weakness weighs on prices. May futures dip to 89 to 90 cents early, rebound, then drift lower. corn holds firm with May around 47 to 48 cents. Packers and exports provide supportive activity, closing firmer with May at about 90 cents.
New Orleans November trade opens with a 2 to 3 point gain but weakness follows as liberal selling and poor cables hit. Caution with census revision and New York spot sentiment keeps bids tumbling. by noon prices fall about 6 to 7 points from morning highs.
Liverpool spot cotton shows eased demand and steady levels. American middling fair stands at 7.41 pence, with various grades from good ordinary to low middling quoted. Sales reach 8000 bales, including 780 for speculation and export, receipts total 29,000 bales, of which 23,000 are American.
Futures in Liverpool opened steady and closed barely steady, showing modest variations across near and distant contracts from November through October. Prices quoted include Nov 6 70 d fraction and multiple month spreads such as Dec-Jan 56%40, and Oct-Nov 6.21d, reflecting a calm trading session.
New Orleans reports spot cotton unchanged at 12 3 16 for middling with sales 720 and arrivals 940. New York closes steady with middling uplands at 12.40 and gulf at 12.65. Memphis notes steady to advancing at 12c. St Louis lists wool prices across grades.
Cottonseed oil closed steady in New York with spot at 6.00 to 6.20. November 6.00 to 6.04, 100 sold at 6.04. December 6.05 to 6.08, January 6.15 to 6.16, February 6.18 to 6.20, March 6.28 to 6.30, April 6.32 to 6.38, May 6.40 to 6.42. Sales between third and fourth calls: December 100 at 4.07.
Fort Worth cattle and calves receipts reached about 5000 with 1200 calves. Beef and butcher cattle showed activity while prices held firm with top beef at 7.50 and cows, bulls, and calves selling at steady margins. Hog market strong enough to clear 4000 head. sheep trade firm with choice lambs at 7.15.
Boston reports continued movement of domestic wool to mills led by demand for 1913 clip. Prices show Kentucky half blood and three-eighths blood grades at 27 38 cents washed, scoured Texas fine six to eight months at 55 57 cents, twelve months 65 68 cents, fall 47 48 cents.
The report shows regional cotton receipts and stocks in Galveston New Orleans Mobile Savannah Charleston Wilmington and Houston with totals for interior receipts and U S exports to Great Britain France the continent and Mexico/Japan. New York notes firm cotton goods markets limited spot trade wool blankets awaiting fall 1913 openings and steady yarns with quiet export activity.
Heavy sterling demand and weak bankers' bills push exchange higher. Prime mercantile paper at 6 percent. Bankers' bills quoted at 4.80.70 for 60 day and 4.84.85 for demand. Commercial bills 4.801. Bar silver 62%. Mexican dollars 48%. Seversment bonds steady while railroad bonds ease.
Money on call firm 5% ruling rate and closing bid 5% offered 6% with time totus easier. Treasury notes include sixty days 6 percent and ninety days 5 percent. Six months 6 percent. Coffee futures steady No 7 Rio at 14 percent with December at 13.63 and March at 138.77.
License numbers 2980-W Lander Elmendorf Texas 2981-H R Shiie Moore building 2982-A Jowdy 116 South Alamo street 2983-A C Wyant 119 Van Ness St.
To Mr and Mrs Henry Blake, November 18, a girl. To Mr and Mrs Edward Marietto, November 12, 121 Kearney Street, a boy. To Mr Teet Cc E Tallman, November 18, McKinley Avenue, a boy. To Mr and Mrs James B South, November 16, 62 East Myrtle Street, a boy.
Chicago traders reported nov receipts with cattle at 27 000 hogs 32 000 steady to 10c lower and mixed price ranges. beef cattle including Reeves Texas steers western steers stockers and feeders cows and calves listed with multiple price points. hogs ranged from 7.40 to 7.92% with bulk sales around 7.70 to 7.35. cattle and hogs overall steady to slightly lower amid active demand.
Kansas City reports cattle receipts steady with native steers 6.50 to 10.85 dollars, southern steers 4.25 to 7.25, southern cows and heifers 3.60 to 6.60. Hog receipts 14,000 with bulk sales 7.85 to 1.80, heavy 7.70 to 7.85, light 7. eg 70, pie 6.45. Sheep and lambs quoted steady minded with muttons 3.80 to 5.00, lambs 6.00 to 7.50, range wethers 4.00 to 6.00, range ewes 9.00 to 4.
Cattle receipts 5500 including 1500 Texan cattle steady market. Native beef steers about 5.50 to 6.40, Texas and Oklahoma steers 5 to 7.40, cows and heifers 4.25 to 5.00, calves in carload lots 5.00 to 6.50. Hogs receipts 5000 steady. Pigs and lights 6.75 to 7.90, mixed and butcher 7.60 to 7.90, good eyes 7.85 to 7.95. Sheep receipts 4800 steady. Native lambs 4.00 to 6.0, ewes 4.00 to 4.60.
Quotations show butter steady with Creameries and Daisies near 29.34 and 26.8c. Eggs steady after 2429 cases received. Cheese weak with Daisies and Twins around 16% to 16%4c. Potatoes firm on 45 car receipts. Michigan 52 5c Minnesota 50 53c. Poultry weak turkeys 9 to 11c, fowl 10c, veal steady at 9 1/4c.
Kansas City quotations show butter at 82 and a half cents for firsts, 30 cents for firsts, 28 and a half for seconds, packs stock 22 to 23 cents, extras 28 to 29 cents. Poultry prices list hens 9 to 10 cents, roosters 9 cents, springers 11 to 18 cents, young turkeys 15 cents. New York reports eggs steady, unchanged.
Raw sugar and refined products hold steady with Muscovado at 3.55 cents per pound, 96 test centri gal at 4.05, and 89 test molasses sugar at 3.30. Petroleum, hides, and leather prices remain firm with molasses steady.
In London markets the metal round shows Fat: tin steady with spot 227 pounds 5s and futures 227 pounds 10s. Lead quoted at 18 pounds sterling 2s 6d and spelter at 26 pounds 10s. Iron Cleveland warrants 68s in London. Spot 77 pounds 18s for nickel? Futures 78 pounds 12s 6d.
Boston market notes Arizona Commercial 4, Calumet and Arizona 7844, Greene-Cananea 9 percent, North Butte 36, among listed mining stocks as of November 20.
The report lists cash wheat prices and grades with quantities: No 2 red 99 1.02, No 2 hard 94% 85%, No 1 northern 5 88, No 2 northern 84 85%, No 2 spring 88 85. Velvet chaff 80 8542, durum 8% 8% with an id standard 33%.
The Associated Charities warns against unauthorised solicitations in their name for a distressed Oak Street family. A caller claimed to represent the group, but official collectors are Captain Coy Tl and Andres Coy Jr. The notice cautions residents to donate only through authorized channels.
Raw OCR shows grain bids for wheat corn and oats with varying grades and prices. Figures are partially garbled but indicate No 2 hard wheat around 79 85 c and No 2 red near 96 98 c, corn No 2 mixed about 43 44 c, oats No 2 white around 82 83 c, with futures for May July and December months at mixed percentages.
In St Louis on November 20 the cash wheat and oats quotes showed No 2 red at 1.01 to 1.0345, No 2 hard 84 to 85, No 2 45% at 48 cents, No 2 white at 47 cents, and No 2 oats No 2 at 88% cents and No 2 white at 33% cents. General weather report follows.
Paris francs three per cent rentes quoted at 89f 70 percent for account. London exchange listed at 25f 23 and a half for checks. Private discount rate set at 3 percent.
The Athens Debating club challenges the Demos thenes Debating society to a December 3 debate on whether the United States should intervene with Mexican rebels. Other items note relocations, society officers, and local civic notices.
A list of building permits shows L Longorie seeking a 4 room dwelling on Hill Avenue for $750 Barbara Bran applying for a 4 room dwelling on Mc Lane Street for $7 Charles Lappe for alterations on South Hackberry Street for $16 Alamo Home Builders involved in multiple permits including a 1 to 3 room houses on San Patricio Street San Francisco Street Colima Street and Texaslo Street with costs from $100 to $126 J Vidyl plans a 3 room building on New Braunfels Avenue for $250 Jose Villasenor proposes a 4 room dwelling on BH Paso Street for $900.
Burial permits issued for several residents with ages and addresses. Martha J Boyer 41 died November 16 at 616 San Francisco Street. Mrs Mary J Williams 1 rs November 19 at 302 Augusta Street. Fred E Wood Sr 64 died November 19 at 24 Lake View Avenue Ely 27 years died November 18 at 11 Wilcon Street. Concepcion Guiterres 2 years died November 19 Josephine Street. Charles H Bertrand 38 died November 18 at 184 West Mistletoe. Charlotte T Jones 83 died November 18 at 142 Wilkens Street.
An advertising plea extols ham bacon and compound at low prices. The copy urges readers to buy locally from Union Meat Company, promoting “Eat at Home” rather than sending goods from Chicago SAS City or Omaha.
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