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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Nov 25, 1913
Page
9
In New York trading the market shows temporary strength despite widespread bearish pressures. The session features firm bonds and a broad rise in speculative stocks, led by high grade rails and steel as short covering lifts prices one to two points.
New York prices show lead at 4.20 and 4.30 for different assortments with London lead at 18 pounds 16s. Spelter trades near 5.20 to 5.30 dollars. London spelter at 108. Copper is unsettled with standard spot to January at 14.12 to 14.62, electrolytic 14.50 to 14.75, lake 15.00 to 15.60, and casting 14.12 to 14.37. Tin steady at 39.20 to 39.50 with January 39.30 to 39.50. Antimony around 7.50 to 7.70. Iron steady. London iron Cleveland warrants at 49s 34.
Lead and speltter prices listed for St Louis with late November quotes. New York Coffee shows No Rio 9 first futures for March and May at 9.89 and 10.14. St Louis Produce lists poultry, creamery butter and eggs with varied daily percentages.
Quotations today show butter and eyes unchanged while receipts reach 2659 cases. Potatoes hold steady with 40 car loads arriving. Poultry prices rise with Springs 13c, fowls at 1 cent, turkeys 17c.
New York markets report petroleum steady molasses quiet hides barely steady and leather firm as trading slows on the holiday week with little change in prices across sectors.
A state court injunction in Dallas bars Industrial Securities Company of Maine from voting majority stock in Producers' Oil Company at Houston meeting. The suit, backed by Texas anti trust claims, alleges stock swaps between Producers and Texas Company via the Maine firm and questions the Maine office location.
The attorney general finds 224 Texas compresses operating cotton gins are often unincorporated and beyond state reach due to lack of charter. If these unincorporated concerns conspire to fix cotton seed and bagging prices, the department can act under anti trust laws.
A note records observations made at a.m. Tuesday November 26 1913. The fragment notes provide no further context or measurements.
Galveston reports arrivals of El Oriente and Honduras from New York and Breslau from Bremen with steamer Justin cleared to Liverpool and several vessels sailing to Cuba Genoa and Bremen. New York lists arrivals Kursk Libau and Finland Antwerp Kron Princess Cecelle among others.
In New Orleans on November 26 rough Honduras rice and Japan rice remain strong. Quotes show rough Honduras at 2.00 to 4.75, Japan at 2.00 to 3.75, clean Honduras at 4 to 6 cents, and Japan at 2% to 38 cents. Receipts tally rough 11,420 sacks, clean 1,111, millers 1,681. Sales include rough Honduras 1,613 sacks at 2.75 to 4.76, clean Honduras 1,942 pockets at 2 5 1/4, Japan 1,293 pockets at 2 1/4 to 2 1/2 cents.
The article notes that no football games of general interest will be played in the middle west on Thanksgiving day, with nearly all central states colleges finishing their schedules last Saturday. Notre Dame will play Texas at Austin, Syracuse faces St. Louis, and the piece includes a quip about a doctor chasing patients.
Turkeys fail to rise on Eve of Thanksgiving with prices steady. Best turkeys sell to 12 cents per pound, dressed birds at 16 cents. Texas reports largest turkey crop on record and ample offerings. Butter up to 33 34 cents wholesale, eggs and creamery items plentiful with no shortages. Cranberries, dates, nuts, and fruits abundant for the holiday dinner.
Retailers can expect broad price ranges across meats dairy fruits vegetables and staples. Eggs, hens, broilers and turkeys show per dozen and per pound figures. butter and cheese listed by creamery and grade. California and Texas fruits and vegetables with crate, box, and weight pricing. coffee, sugar, molasses, flour, bran, corn, oats, hay, and canned goods priced per ton, barrel, hundredweight, or sack. North American producers and markets included with multiple state origins and comparative values.
Cotton handlers face new rule starting December 20 as railroads refuse signoffs until bales are pressed and inspected. San Antonio Compress Company manager Rene J. Muller warns of 3 to 7 day delays and added costs, predicting stricter regulations for shippers and mandatory shed protection for platforms to meet specs.
New York markets yesterday showed dress goods steady with crepes pling and breadcloths holding value. Cotton goods were quiet but fairly steady and yarns remained unchanged.
Raw sugar remains quiet with Muscovado at 3.17 dollars, centrifugal at 3.67, and molasses sugar at 2.92. Refined sugar also holds steady as trading slows in New York.
Prospective livestock shippers found markets weak with cattle hogs and calves down across centers. Fort Worth and northern centers reported declines 10 to 14 cents as warm weather dampened pork demand. Hogs topped 7.60 with bulk 7.00 to 7.25. cows 5.25. calves 6.50. general stock 4.50 to 5.00. Not enough sheep or goats offered for quotes.
Fort Worth Texas cattle receipts 4200 calves 1800 beef steers 5.00 to 6.50 stocker steers 5.00 to 6.75 butcher cows 4.00 to 5.26 stocker cows 3.75 to 4.75 heifers 5.00 to 6.50 bulls 4.00 to 5.00 calves 5.00 to 7.00 Hogs receipts 2000 head market declined 10 to 15 cents one load 7.90 bulk 7.55 to 7.80 Sheep receipts 1500 market fairly active and generally steady.
Receipts today include 19000 hogs 9000 cattle 9000 sheep with prices showing a lower hog market and steady cattle and sheep. Prime fed steers reach 8.26 to 9.00, dressed beef 6.75 to 8.15, cows 4.25 to 6.75, yearlings 5.00 to 6.00, lambs 6.50 to 7.25, ewes 3.76 to 4.60. Southern cattle numbers include 800 head.
Receipts total 2000 cattle including 600 Texans with steady prices. Native beef steers 7.50 to 9.15, cows and heifers 4.25 to 8.35, Texas/Oklahoma steers 5.75 to 7.00, calves 4.25 to 5.50. Hog receipts 10,600 with lower market. pigs and lights 5.75 to 7.75, good heavy 7.70 to 7.85. Sheep receipts 2000 steady. muttons 3.75 to 4.59, lambs 5.25.
Chicago November 26 receipts hogs 25 000 market dull with bulk 7.40 7.65 night 7.50 7.65 mixed 7.25 7.75 heavy 7.25 7.75 rough 7.26 7.40 pigs 4.75 6.90 cattle receipts 4590 market slow with Reeves 6.60 9.25 Texas steers 6.60 7.75 stockers and steer 8.00 8.75 cows and heifers 3.25 8.30 calves 6.50 10 sheep receipts 24 000 market steady native 3.90 5.10 yearlings 5.25 6.40 native lambs 5.75 7.75.
The Houston spot market closed unchanged with 1098 bales sold at 1.0, b. 640. Shipments reached 22,717 bales and total stock stood at 182,093 bales. Ninety percent of today’s stenographers were women.
Kansas City prices for butter eggs and poultry remain steady as of November 26 with no reported changes in wholesale or retail levels. Dealers note stable demand and consistent supplies across markets in Kansas City.
New York reports firmness slipping as Liverpool fails to meet yesterday's advance and liquidation pushes cotton lower. New Orleans notes slack demand in the south and early losses of 7 to 8 points, with months easing to 12 points down. Trading stabilizes later with rallies from the lows and overall midday activity showing declines of up to 7 points on later deliveries. Crop estimate cited at 14,435,000 bales including linters.
New York markets report steady opening for cotton futures with December at 12.83 and January at 12.88, arch 12.88, May near 12.77 for July. Futures closed steady after early range.
New Orleans November 28 cotton futures started the day down 10 16 points on poor cables and notices for 000 bales marking the first notice day for December deliveries. Selling arose from expected larger deliveries, long positions liquidated, and short sellers booked profits. By noon, prices were near unchanged to 2 points down, with late session gains erasing some losses before settling about 8 4 points below yesterday.
New Orleans market reports cotton futures opening steady with November around 12.79 and December near 12.78. Early sessions show varied bids and asks for January March May July contracts, closing with a slight overall decline of about 4 to 7 points.
Spot quiet in Liverpool as of Nov 25 with middling fair at 7.764 and good middling 7.144. Totals show 7,000 sales including 6,200 American and 1,000 for speculation and export, receipts 74,000 including 65,500 American.
Futures closed quiet and steady in Liverpool with contracts listed for various months from Nov to Oct. Prices range around 6.7 to 6.9 and show narrow spreads such as Nov-Dec and Dec-Jan. Trading activity described as quiet.
New York middling 13.40 New Orleans middling 131-16 Houston middling 133-16 Galveston middling 13 c Liverpool middling 7.284 Memphis middling 13 percent.
The New Orleans market shows spot cotton quiet with middling at 18 1 16 cents. Arrivals and receipts noted at 14 811, stock at 230,015, while various grade bases are listed from low ordinary to good middling with nominal values for several categories.
Spot cotton in Galveston closed quiet and unchanged. Sales totaled 200 bales with 484 additional bales reported as sold, stock at 317,258 bales, and receipts reaching 89,866 bales.
New York Navy reports record low prices at the Old Glory sale as nearly thirty horses go for under $100 each. Spotless Chimes a 10 year old brood mare sells for 25 dollars while trotters and pacers also fetch low sums.
Wheat rose on the poor Argentine harvest outlook in Chicago trading. Market opened higher and advanced further amid rain in the south reducing demand. Corn and oats firm on weather and rumors of lowered Argentine imports while provisions weakened. Closed steady with modest gains as European export offers influenced bears.
New York chorus girl Helene French advocates a chorus girls union to demand 25 dollars weekly minimum, arguing meals cost and rehearsal time justify higher pay. She cites costs of living at Hotel Maryland and plans to enroll performers from shows including Oh I Say and The Marriage Market. She notes possible AFL embrace but costs 200 dollars for charter and support, and muses about leadership roles.
Memphis Tennessee November 25 spot cotton markets report prices steady with middling at 138 cents per pound.
Spot cotton prices in New York on November 25 show middling uplands at 18.40 dollars per hundredweight and middling 13.65 with no gales reported.
Chicago cash grain quotes for November 25 report prices for wheat corn oats and barley. No. 2 red wheat 96 96 1 2 cents No. 2 hard 88 89 cents No. 2 northern 884 90 3 4 cents No. 2 spring 8 89 cents Corn No. 2 72 8 6 cents No. 2 white 73 84 cents No. 2 yellow 75 76 cents Oats No. 2 white 40 41 cents Standard 40 cents Barley 60 78 cents
Quotations today show cash wheat with No 2 hard at 86% to 87% cents, No 2 red at 87 to 88 cents. Corn ranges include No 2 mixed at 67 to 69 cents and New No 2 white at 70 cents. Oats list No 2 white at 40 to 41 cents and No 2 mixed at 39 to 40 cents with December futures at 67 to 69 cents and May at 87 to 88 cents.
Cash wheat prices No 2 red 91 94c No 3 hard 86% 92c Corn No 2 76c No 2 white 77c Oats No 2 40% ilc No 2 white 42c Receipts Wheat 155000 bushels corn oats 14 bushels Shipments Flour 11000 barrels wheat 95000 bushels corn 9000 bushels oats 49000 bushels Wheat December 8&%c May 924% 92c Corn December 71 71%c May 72% 12%c Oats December 40%c May 48c.
In New York cotton seed oil trading on November 25 spot price for oil and meal show decline while oils for futures contracts range from November to July. Prices reported: spot oil about 7.00 to 7.16, with active sales totaling around 8 000 units. November through July contracts traded with varied bids and slight gains. Memphis base prices for meal and oil also listed.
A University of Wisconsin biology project studies bedbugs to learn their breeding habits travel distance and response to light under varying conditions. The project aims to determine if bedbugs can carry and spread diseases including typhoid fever and is conducted with privacy for the young female researcher.
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