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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Nov 22, 1912
Page
12
Chicago trading quiet as big northwestern receipts push wheat lower while weather and Argentina rain aid futures. May contracts dip 1 16 to 90 1 8c, corn shows mixed moves with small declines then advances, hog prices slip and pork lard ribs price levels shift. Cash wheat quotes steady to mixed across No 2 red and northern classes.
Quotations list cash and future prices for wheat corn and oats in Kansas City and St Louis on November 22. Prices cover cash grades No 2 and No 3 across hard red, red, white and mixed categories with December May and July futures. include decimals and percentage ranges for each commodity.
The paper reports multiple obituaries. L. C. Swicegood of Sabinal died from a heart wound. services to be led by the San Antonio lodge of Odd Fellows with a brother from Sabinal arriving. Mrs. Sarah J. Pattison, mother of Dave Pattison, is noted to have died in Indianapolis after visiting San Antonio. Beulah Townsend, 45, died at her home and was buried at Mission Burial Park following services at Sloan Hagg Undertaking.
Telegram to Dr William F E informs of M H Chamberlin death in Rutland Vermont from pneumonia. Former Texas resident with ties to San Antonio and Laredo and the National Mail Ways of Mexico. He served as auditor for the Vermont Central railroad and spent winters in San Antonio.
Butter steady with creamery quotes 29 34 c and 26 33c. Eggs steady with receipts 2226 cases and mixed grades 22 25c for ordinary firsts, 24c for firsts, 2c. Cheese steady with varieties Daisies 164% c, Twins 15% 16c, Young Americas 16% 16%, Long Horns 164 16%c. Potatoes firm with receipts 50 carloads Wisconsin 18 52c, Minnesota 50 52, Michigan 52 53c. Poultry steady turkeys lie chickens 10, springs 10 1/2c. Veal steady 9 14c.
Kansas City review of dairy and poultry prices listing butter at 30 percent creamery, 321 c packing stock 23 c. eggs extras 30 c firsts 29 c seconds 20 c. poultry hens 9 to 12 c, roosters 8 c, springs 13 c, young turkeys 15 c.
New York November 22 Eggs weak on receipts 56,996 cases with fresh gathered dirties at 16 22c and fresh-gathered checks at 15 20c. Poultry prices list chickens 9 and a half to 9 3/4 cents, springs 12c, turkeys 16c, ducks 14c, geese licensed, bitter creamery 29 to 34 3/4 cents. Eges 26¢.
Raw sugar held steady with Muscovado 8 percent test at 3.55 dollars per hundredweight and Centrifugal 96 test at 4.05 dollars. Molasses sugar 89 test at 3.30 dollars. Refined sugar quiet. Petroleum and molasses steady. Hides and leather firm.
The report explains two pounds of tungsten will supply filament material for about 66,000 electric bulbs. Each filament measures one twelve hundredth of an inch in diameter and glows white hot to emit a mellow bright light.
Southwest Texas season nearly over as San Antonio compresses finish up and shift activity to Fort Worth and North Texas. Output totals to 67 thousand bales from two compresses, far above last season. Receipts at Galveston hit a 2 million bale record.
County Judge Phil Shook granted J A Christen to open a saloon at 218 Losoya street. Andrew Rubiola contests, seeking to block Christen and protect his own 108 South Santa Rosa permit. The case may go to the supreme court after district court appeal.
Southwestern Land Corp transfers 8 N Richard lot 26 block 15 Rosedale Park for 100. William A Cocke to J F Burns November 20 1912 part of lots 7 8 9 new city block 1707 south Layer street for 22500. Henry Court to H M Court September 14 1912 lot 10 block 1 new city block 2735 west Peach street for 375. A H Voigt and wife to Bexar County November 14 1912 two acres on the Culebra road for 200. Co E Cupples to William Stevens lot 3 block 1 new city block 294 also lot 3 block 2 city block 294 Perez street for 700. L Herrington to Juan Cardona lot 16 block 1 new city block 2183 Leal St for 1140. Co G Hasenbeck and Emma Hasenbeck to G A Martin lots 4 and 5 block 36 new city block 1646 Essex street for 260.
Jesus Martinez aged 3 years died November 21 at 216 Baylor Street. Marielo Gonzales aged 1 month died November 21 at 842 Colima Street.
Building permits valued at Haley Crockett Street for gallery roof work are noted. Manuel Quezon and Sian Earnshaw were elected delegates from the Philippines to Congress in Washington yesterday.
Fort Worth reports a dull cattle market with poor quality offerings. Receipts total about 2,000 cattle and 500 calves, with cows and feeder cattle steady to lower and hogs slipping 5 to 10 cents. Top hog price $7.95, bulk $6.75 to $7.90. cattle steers $4.50 to $5.25, cows $3.50 to $4.75, best calves $6.60. Sheep feeders steady at $4.00 for lambs and $3.26 for feeder sheep.
Chicago cattle receipts 2600 and market steady to strong with values from 5.25 to 10.55 for beeves and 2.70 to 7.36 for cows and heifers. Hog receipts 25,000 and market dull with prices from 6. etc to 7.90. Sheep receipts 12,000 as market slow and weak with native and western ranges from 3.40 to 7.70.
Receipts totaled 2200 cattle including 300 southerns with steady prices for natives and southerns. Hogs receipts 7000 with a five cent drop. bulk sales 7.50 to 7.80, heavies 7.70 to 7.85, lights 7.40 to 7.65. Sheep receipts 2000 with steady market. muttons 3.75 to 6.00, lambs 5.50 to 7.60, range wethers and yearlings 4.00 to 6.00, range ewes 3.00 to 4.50.
Receipts total 2500 cattle including 600 Texas. market steady with native beef steers 5.50 to 10.00, Texas Oklahoma steers 5.00 to 7.40, cows and heifers 3.00 to 6.25, calves 5.00 to 6.50. Hogs receipts 11,000 down five cents. pigs and lights 6.75 to 7.80, mixed 7.60 to 7.90, good heavy 7.30 to 7.90. Sheep receipts 2000 market steady. native muttons 4.00 to 4.25, lambs 5.50 to 7.65.
American buyers purchased between 750000 and 1000000 dollars worth of gold in London yesterday. The metal will be shipped to New York on the Carmania this Saturday. Buyers rebuffed further offers and brokers expect no strong American competition unless the market weakens further.
New Orleans rice notably stays in clean grades with strong demand for Honduras and Japan. Sales include Rough Honduras 1259 at 3 dc and 3800 clean Honduras at 2% 5% with Japan at 2% 4% to 3% 4.50. receipts total 3086 rough and 1672 millers.
Arrived yesterday in Galveston were steamers El Paso New York El Occidente New York Sabine New York via Key West Teodoro de Larrinaga Spithead Port Tampa Greystoke Castle Hull Maria de Larrinaga Hermiston Liverpool and others. Several vessels listed as failed include Reliance Bremen Traveller Arab Havre Breynton and Dal ton among others.
New York reports strong cotton goods and cotton yarn markets. Clothing manufacturers contract men’s wear lines for the 1913 season as silk markets remain steady with fair trade.
London on November 22 reports Consols for money at 75% with account 756-16. Bar silver holds at 29 1 16. Money market at 3 percent. Short bills at 4 15 16 with three months bills at 4 13 16 percent.
Paris reports three per cent rentes at 89f 90c for the account. Exchange on London quoted at 251.23% for checks. Private discount rate stands at 3 percent.
Buyers at Union Stock Yards November 22 moved quickly as cattle and calves sold steadily from a light offering of under 500 head. Cows topped at 4.25 with most around 4.00, calves up to 4.75, vealers around 5.00, hogs at ordinary prices, no sheep or goats sold.
Walter Weathersbee and Fred Beeler of Del Rio stop at the Gunter and discuss their excellent range and fat stock. Hog prices dropped while market receipts stayed liberal. tariff talk and New Mexico beef expansion are noted with Captain J. B. Gillette of Alpine cited as a Hereford breeder and former Texas ranger.
Copper weakened with spot at 77 pounds 10s and futures at 78 pounds 3s 9d. Tin held firm with spot 226 pounds 10s and futures 227 pounds. Lead
In St. Louis on November 22, a sprinter led with a 4.35 and a long jump trial reached 7.35. The brief notes capture top marks by a single athlete with no additional context.
New York cotton opened steady with a 1 to 6 point advance, then fell 8 to 12 points amid liquidation. Later prices recovered 5 to 12 points on trade support, with December at about 12.18 to 12.26, while spots remained nominal and reports cited English spot demand and a 13,595,000 bale crop estimate.
Cotton futures in New Orleans opened steady with small gains as traders cited heavy overnight rainfall in Texas likely to hinder picking and lower remaining field grades. Early action showed 9 to 10 points up, then brief weakness as market eyed about three quarters of a million bales forthcoming. By noon, prices stood 5 to 7 points higher.
Market data shows cotton futures ending steady with a net gain of about 14 to 15 points. Prices moved through January to December contracts with small daily ranges and several months posting higher highs and closes despite fluctuating bids.
In Liverpool on November 22 close market for spot cotton shows increased demand with prices steady. American middling fair at 7.45 d, good middling 7.11 d, middling 6.914 d, with 10,000 bales sold, including 1,000 for speculation and export and 8,800 American receipts totaling 16,000, of which 15,900 are American bales.
In Liverpool from November 22, cotton futures opened easy and closed feverish with a chain of nearby and forward contracts quoted. November at 6.76 6d, Dec at 6.64 ½d, Jan at 6.63 ¼d, Feb at 6.60 ¾d, Mar at 6.57 ¼d, April at 6.57 ¼d, May at 6.56 ¾d, June at 6.55 ¾d, July at 6.53 ¾d, August at 6.43 ¾d, September at 6.37 ¼d, October at 6.22 ¾d.
In Memphis on November 22 prime seed basis 5.30 to 5.34 along with meal at 24.60 to 24.76 and linters at 3% were reported. New York cotton seed closed firm with spot at 6.19 to 6.20 and various futures ranges including December 6.196 to 6. bil? total sales 22,100.
Bales stock yesterday totaled 1 861 204. Stock on the same day last week was 1 228 756. Stock on the same day last year stood at 1 148 196. Excess this season amounts to 215 005 bales.
The Commercial-Appeal estimates cotton yield for 1912-13 at 13 695 000 bales excluding linters with early picking and ginning reported across states. Growth by state includes Alabama 1 209 000 Arkansas 927 000 Georgia 1 705 000 Louisiana 403 000 Mississippi 1 031 000 North Carolina 734 000 Oklahoma 1 027 000 South Carolina 1 189 000 Tennessee 312 000 Texas 4 840 000 Other states 168 000.
Prices fell at the opening as Balkan hostilities resumed, led by London. Most declines were fractional except Canadian Pacific down one, Louisville & Nashville up one. After early selling, the list recovered, but heavy close due to profit taking and overseas pressure on Steel and Union Pacific.
Spot cotton in New Orleans remains steady at middling 12 1 8 cents. Sales on the spot reach 850 bales with 1400 bales to arrive. Receipts total 12 7338 bales and stock stands at 228 760 bales.
Cotton spot closed steady with middling uplands at 12 dollars 60 cents and middling 12 dollars 85 cents. Sales total 400 bales in New York.
Spot cotton held steady in Memphis with an advance of four cents. Middling grade cotton listed at 13 cents per pound.
New York market notes show money on call firm around 5 to 6 percent with a bid of 5 percent. Time loans display 60 days at 6 percent, 90 days at 5 to 5? percent, and six months at 5 to 4 percent, indicating generally easy credit conditions.
Close prime mercantile paper 6 per cent and Sterling exchange steady with actual business in bankers bills at 4.80.80 for sixty day bills and 4.85 for demand. Commercial bills 4.80. Bar silver 63% and Mexican dollars 48% c. Government bonds easy while railroad bonds show irregular activity.
In New York on November 22 the market for Coffee No. 7 Rio opened barely steady with December at 13.46 cents and March at 13.75 cents per pound.
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