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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Nov 30, 1913
Page
19
The Department of Agriculture reports a weather bulletin for San Antonio Texas. Highs reached 74 degrees with a low of 66. The month recorded an average temperature of 66 and a total precipitation of 8.04 inches. Accumulated excess rainfall for January 1 stood at 3.81 inches.
Four stock exchange firms announce dissolution in New York on November 29. One firm will continue as a reorganized partnership while the others wind up permanently. Seat prices have fallen from 9000 to under 4500, and November trading was the smallest since 1897 with 3 777 449 shares traded.
New York November 29 Coffee prices eased as European and Brazilian cables weighed on sentiment. Coast and freight offers were steady to 15 points lower while Brazilian primary point receipts ran high versus last year. Trade quieted after the call with losses totaling 10 to 15 points from opening level. Havre closed 1 sr lower Hamburg ½ to ¾ pfennig lower Rio 125 reis down and Santos 100 reis lower. Total sales 88,750 bags.
The weekly condition report shows aggregate cash reserve for legal requirements at 995 million with declines across major items. Loans, trust and deposits reflect gains and losses, including a 37.8 million drop in net deposits and a 13.3 million fall in deficit cash reserve.
Dun's Review notes reduced industrial momentum amid uncertainty about the future. Merchandise for immediate needs remains large while retrenchment grows. iron and steel mills idle with capacity underused. Curtailments stem from tight credit as the currency debate and Eastern freight rate inquiry draw attention. U.S. failures total 356 this week versus 220 last year and Canada reports 41 against 41.
Port Arthur Ontario reports record grain shipments as navigation nears closure. Estimated 170 million bushels to depart before rivers close, with about 145 million already shipped east from Port Arthur Fort William and Port Colborne, surpassing last season’s totals by 10 million bushels.
Galveston notices report arrivals including El Abla from New York and To pila from Tampico and San Jacinto and San Marcos from New York. El Norte cleared for New York. Lord Antrim sailed for Liverpool while Baltic arrived from Liverpool.
Metals traded dull with copper near 15 to 17 dollars and steel prices flat. New York money markets showed call rates steady with small gains in longer loans and steady sterling exchange as government and railroad bonds remained mostly steady.
Kansas City price quotes show cash wheat and corn ranges with No 2 hard at 82 to 87.5 cents and No 2 red 87 to 88 cents. December wheat at 89 cents, May 87 5? cents. December corn 68% to 73 cents, May 71 cents. New York leather prices noted with petroleum and bogota listings. free leather firm.
A brief observational entry notes measurements taken at 8 p m on a Saturday in late November. The data mention a value seventyone time but lack units or context for precise interpretation.
The last month of tariff protection has ended and foreign woolens may enter U S markets freely soon. Trade anticipates imports from Europe but some merchants expect a cautious start. Thanksgiving demand boosted produce and canned goods with steady prices while cranberries held at prior quotes. The sugar market remains steady amid a large beet crop and looming tariff cuts.
A dense catalog of wholesale prices covers eggs poultry cheese butter vegetables fruits and staples. Listings include per dozen rates for eggs and hens, crate and weight quotes for potatoes onions and peppers, citrus and apples by box or barrel, various coffees rices syrups and flours with multiple regional origins noted.
Weary grain holders unload in an active fashion without driving prices lower. Bearish sentiment dominates, with wheat and oats down while corn retains some support. A large room trader covered shorts in wheat and sold corn, as buyers and sellers balance near term prospects amid rising hog futures.
Chicago market report shows steady grain and provision prices for the week with wheat at Nos 94 95 1 4 c and No 2 hard 87 88c while No 2 northern 88c and No 2 spring 89c. corn No 2 yellow 52c. oats No 2 white 41 40c. barley around 60 8 00.
Quotations listed for cash wheat corn and oats with No 2 red and hard wheat figures and December and May futures. Receipts show flour and grain totals with yesterday’s and shipments figures across wheat corn and oats.
At Union Stock Yards the hog market remained unsettled with prices slipping about eight and a half cents for the week as buyers pressured to cut. Local hogs sold mostly quarter lower with best porkers at 7.25 a hundredweight while cows and calves held around 5.25 and 6.50 respectively.
Fort Worth cattle receipts were heavy with a generally steady market. Cows and calves sold around notable price ranges while hogs showed some strength with top at 7.75 and most bulk sales near 7.50 to 7.70. Sheep receipts near 1600 and steady market. Mexican yearlings brought about 6.00.
Chicago market notes show hogs receipts at 15000 with a strong bid. bulk sales 7.55 to 7.80, heavies 7.45 to 7.9, pigs 5.00 to 7.10. Cattle receipts 1500 and steady with steers 6.60 to 7.15, cows 3.35 to 8.15, calves 6.60 to 10.25. Sheep receipts 6000 with slow market. native ewes 3.90 to 5.10, yearlings 5.20 to 6.50, native lambs 6.00 to 7.
Receipts total about 8000 cattle including 1600 Texans with market steady. Native beef steers bring 5.00 to 9.15, cows and heifers 4.25 to 8.50, Texas and Oklahoma steers 5.75 to 7.00, calves 4.25 to 5. Sheep receipts near 200 with muttons at 4.65 to 8.75 and lambs at 6.25. Hogs steady with tights 5.75 to 7.70 and good heavy 7.70 to 7.80.
Receipts and quotations from Kansas City show hogs 1000 head market strong with bulk 7.25 to 7.60 and heavy 7.60 to 7.65. light 7.25 to 7.50. pigs 5.50 to 7.00. Cattle receipts 300 including 100 southerns. prime fed steers 8.20 to 9.00. dressed beef steers 7.00 to 8.20. southern steers 5.50 to 17.50. cows 4.25 to 6.75. heifers 5.26 to 8.50. Sheep receipts none. lambs 7.25 to 7.75. yearlings 5.25 to 6.25. wethers 4.50 to 5.25. ewes 4.00 to 4.75.
New York reports the week’s trading against bulls amid heavy offerings. Prices show mixed moves across cities with declines in New York and Houston while others rise slightly. analysts cite ample supplies and varying crop forecasts as a dampening factor on demand and futures.
New Orleans cot ton futures closed steady after a week of varied moves. Prices ranged from eleven points higher to thirteen points lower, with overall comparisons and results showing mixed adjustments across contracts.
Liverpool cotton report shows dull spot trading with steady prices. Middling fair at 7.804, good middling 7.484, middling 7.284, sales 4000 including 2600 American and 300 for speculation and export. Receipts 23,100 all American.
Futures markets ended the day quiet in Liverpool with multiple contract quotes. December 6.89 percent, various month spreads shown from December through November next year, noon official close at 7.104 value and related rate readings.
Leading spot markets show middling activity this week with indices for Galveston Liverpool Memphis moving slight from last week amid mixed freight demand and port delays affecting vessel calls and rates.
New Orleans November 29 spot cotton quoted 11 15-16 to 18 11-16 cents for various grades with middling at 13 1?16 cents. Sales on the spot total 516 bales with 1720 arriving. Receipts reported at 17,197 and stock at 208,487.
The spot cotton market in Houston closed steady and unchanged on November 29. Sales reached 1533 fob 881, with shipments totaling 16,871 and stock at 185,321 balers.
Galveston Texas November 29 spot cotton closed quiet with undian sales and no spot or f o b activity. Receipts reached 25 721 bales while stock stood at 21 151 bales.
New York market shows spot cotton quiet at middling 18.40 and gulf 13.65 with no sales. Kansas City region reports no changes in butter eggs or poultry as of November 29.
November cotton movement shows a shortfall of about 14,000 bales compared with the previous year. Secretary Hester reports weekly and monthly totals across United States ports, northern mills, Canada, and southern centers, with season totals and stock changes noted.
Net receipts at all U.S. ports for the current week total 022,569. The same week last year recorded 54,189. Cumulative receipts since September 1 reach 5,298,271, compared with the prior year’s figure.
Exports for the week total 883,877 with last year at 384,350. Cumulative exports since Sept 1 reach 1,839,584 vs 3,837,697 in the same date last year. Port receipts 420,888. Overland to mills and Canada 40,446. Southern mills takings estimated at 105,000. Interior towns gain 76,662.
In Memphis on November 29 prime basis 6.14 meal 27.60 and heaters 2 3 0 reported. In New York on November 29 cotton seed ware closed steady with spot at 7.05 6, December 7.08 7.09, January 7.14 7.15, February 7.17 7.19, March 7.25, April 7.29 7.31, May 7.37 7.38, June 7.41 7.43, July 7.45 7.48. Sales between first and second calls list numerous lots and totals 8300.
New Orleans muscle on November 29 reports rice markets steady with rough Honduras and Japan active. Clean Honduras to Japan remains firm as receipts total 12 400 rough and 10 403 millers and 1 292 clean. Sales over two days include 696 rough Honduras at 3.10 to 3.85 per sack and 861 Woah at 2.49 to 3.00, with clean Honduras and Japan pockets traded at quoted levels.
Prices listed for poultry at St Louis show chickens at 10 cents, springs 12 cents, turkey 16 cents, ducks 12 1 2 cents, geese 10 cents, eggs 32 cents per dozen.
New York daily coffee report notes No 7 Rio at 9 percent with futures steady. March contract at 9.33 and May at 10.09.
New York November stock trading showed a rare broad advance amid oversold conditions and fading bearish sentiment. Although some gains occurred, overall activity remained weak with reduced brokerage forces and high seat costs as firms tightened operations and loan activity persisted.
The report notes fluctuating lower prices on the New York Stock Exchange and details several cattle herds shipped from northern and southern regions. Fort oem fat ee Ae, Ki bough, Scofield, 0 & Sons, and the Taft herd are mentioned with awards for champion cow and bull and top yearling heifer calf.
Chicago market notes butter prices higher at 89 percent with receipts for potatoes poultry and creamery unchanged. Quotations follow today as trading stays steady amid limited movement in commodities.
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