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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Oct 08, 1913
Page
11
The morning session opened with a severe selloff in Union Pacific, dragging the market lower. Investors attributed the slide to a possible delay in extra cash dividend distribution, with United States Steel and Reading also showing losses as the market ended heavy.
Lead and spelter prices quoted in New York and London with slight shifts. St Louis reports lead at 4.40 and spelter 5.30 to 5.35. New York dry goods note steady domestic cotton goods with knitting yarns higher and lighter imports for spring
Marian Texas October 8 The Marlin Commercial Club awards a $100 prize fund for a boys corn club show this Saturday. Seventy seven club members are expected to exhibit their crops with student experts judging the entries.
Marine intelligence from Galveston lists yesterday arrivals including steamers Alabama Puerto Mexico Quito Barbadobs and barge City of San Antonio. Sailed are steamers Conde Wilfredo Barcelona Relay cable ship Vera Cruz El Occidente and New York.
Texas farmers urged to avoid ginning or pressing wet cotton due to rain damaged bales. A leading cotton buyer warns moisture causes water packed decayed lint, lowering grade and value and prompting price cuts by buyers. He cites losses from insufficient bagging and recommends wrapping and sewing bag ends properly.
The treasury department has placed more than $30,000,000 in national banks of the proposed $50,000,000 crop moving fund. About $19,500,000 more is expected in the coming weeks. Deposits by state include Arkansas $600,000 Louisiana $3,000 Texas $900,000 and Oklahoma $127,000.
A list shows license numbers 4139 to 4147 for vehicles including Kissel Kar, Armer motorcycle, Ford, Stoddard Dayton, and Buick. Names and addresses cover Fred Bushick, H L Wey nand, R R Jennett, W J Wise, Pampas Garcia, John McGough, L C Merchant, E D Heinan, and Jet Harrison with various streets and locales.
Julia and Rose Webb of the Nez Perce reservation visit Lewiston wearing buckskin gowns trimmed with 700 elk teeth. The dresses are valued at 3500 total with each gown costing about 3500, and each elk tooth valued from 9 to 10.
The Cotton Region Bulletin reports fair weather with rain in the extreme east portion. Temperatures are above normal. Rainfall of an inch or more observed at Wilmington North Carolina Kerrville Texas and Mexia Texas. Observations taken at 8 a m Wednesday October 8 1913.
Produce merchants in San Antonio project a record turkey handling season as shipments from South and Southwest Texas increase. Prices rise to as high as 14 cents per pound before commissions. Cattle hides wool and cotton notes follow, with rains delaying harvests and ginners urging delayed cotton ginning to protect staple quality.
The listing presents regional price quotes for Produce Poultry Butter Cheese and staples. Texas California and Colorado supply varied prices per dozen per crate per hundredweight and per box for items including potatoes cauliflowe r tomatoes onions cabbage lettuce celery corn cucumbers beans peppers melons cranberries oranges lemons peaches limes pears plums apples grapes and dried goods with noted grades and pack sizes.
A long list of grocery prices appears with dry salt meats 14c per pound and bacon 25c, ham 19 to 20c, lard 18c, pickled hogs feet 1.10 to 4.75, No 1 roast beef 2.40, salmon 1.45, Alaska pink 96c, dried fruits and raisins with varied per pound costs, California canned fruits and vegetables priced, plus hides and wool and beeswax rates.
Quotations today list poultry at 12 cents for chickens and springs 12½ cents turkeys 18 cents ducks 12½ cents and geese 10 cents. Creamery butter quoted at 24 cents per kilogram.
Chicago prices show butter down and eggs holding firm. Creameries at 24 to 25 cents, potatoes higher with mixed receipts. Poultry increases seen in springs at 14 cents and fowls at 18 cents. Wisconsin vegetables and regional receipts listed with varying cents per pound.
A school inspector tests pupil powers of observation by hiding a gold fountain pen and revealing it later. He asks students to identify what was forgotten and a pupil replies that the inspector should say excuse me as he walked by. Japan imported over eight hundred ten million pounds of raw cotton last year.
At Union Stock Yards October 8 the tally shows 384 cattle 10 calves 45 hogs and 49 sheep received but only 100 cattle 10 calves and 40 hogs offered for sale. Prices steady best cows 5.25 calves 6.50 hogs 8.25 while hogs weaken across centers. Farmers continue to consign hogs though supply remains short and declines may not extend.
Fort Worth Texas notes cattle receipts of 2800 head with calves 600 beef steers priced 6.00 to 7.00 per hundredweight and stocker cattle from 4.25 to 6.60. Hogs 2000 head market 8.10 to 8.25. Sheep receipts 660 with clipped wethers around 4.90.
Receipts today totaled 3500 cattle including 700 Texans with markets steady. Native beef steers 5.50 to 9.40, cows and heifers 4.76 to 9.00, Texas steers 5.00 to 7.75, calves 6.90 to 6.00. Hog receipts 6000 with steady market, pigs 5.75 to 8.40, good heavy 8.25 to 8.35. Sheep receipts 3000 with lambs 26 cents lower, natives 3.75 to 4.50, lambs 5.50 to 7.25.
Kansas City market data shows hogs with receipts around 13 000 and mixed quotes from 7.55 to 8.25 for bulk to heavy, cattle receipts near 13 000 with prime fed steers at 9.00 to 9.50 and cows 4.25 to 7.50, sheep receipts 13 000 with lambs 6.75 to 7.40 and yearlings 5.26 to 5.90.
In New York at General Sessions Judge Swann ordered two men named White brought forward. A white suspect claimed innocence as a black man was identified. After a misidentification the judge postponed sentencing the white White and ordered the black White to be tried next week.
New York and New Orleans reports show cotton prices slipping with 3 to 4 point declines at noon as Liverpool cables and a favorable weather map fuel selling. Storm threats off the Atlantic coast prompt some support from traders, while forecasters fear hurricane damage in the South Atlantic belt.
Cotton futures in New Orleans opened steady with a 4.6 point decline on good weather maps and reports of rain. Liquidation continued as shorts sold, but demand absorbed offerings. By midmorning the active months rose 1.2 points from yesterday, though prices remained 7 to 8 points below yesterday's close.
New Orleans on October 8 saw cotton futures open steady with October at 18.42 43, November 18.88 40, December 13.35 bid, January 13.85 36, March 18.44, and May 13.48 asked. At close futures finished steady, edging one point down to one point up from yesterday’s close.
Close spot cotton in fair demand with prices lower. Middling fair 8.06d, good middling 77.74, middling 7.68d, low middling 7.14d, good ordinary 6.75d, ordinary 6.41d. Sales 10,000 bales including 6,600 American and 1,000 for speculation and export. Receipts 17,000 bales including 16,000 American.
Liverpool reports cotton futures as of October 7 with prices across the curve. Quotes show Oct 7.238d and several nearby pairings from Oct-Nov 7.11 .94 to Oct-Nov 6.47d with later months around 6.5d to 7.0d.
New York spots show Middling uplands 13.90 and gulf 14.15 with modest activity. Across markets New Orleans Houston Galveston Liverpool Memphis report middling ranges and thin sales, while New York on Oct 8 records 100 bales sold and quiet trading.
Salem District Court deals with Eleonora R Sears who refused to appear as Eleanor Sears. Chief Woodbury explains the summons while the judge orders a new summons spelling Eleonora precisely. Court notes the importance of correct names for legal process.
The June 1914 Class of Main Avenue High School held a meeting to form a permanent organization. Officers elected: Robert Field president Virginia Wheat vice president Judith Rogers secretary Guerra Everett treasurer Al Deviney reporter. The class, over 150 members, aims for an elaborate commencement next year with a theatrical performance and additional attractions. Committees named on flower colors pin constitution by laws with chairmen Nutt Taylor and members.
Wheat rallied on reports of falling off country deliveries in the northwest. The market opened flat to lower, then dipped before advancing above last night’s level as weather favored corn and wheat. oats followed corn and provisions softened on packer support. first sales varied, with declines giving way to advances, and Argentine crop prospects weighing on the market.
Quotations for wheat and corn are listed with prices for No 2 red and hard grades, No 2 white, and oats. Receipts yesterday include 97 000 bushels of wheat and 52 000 of corn, with shipments of 111 000 bushels of wheat and 24 000 barrels of flour. A Paris scientist reports a germ hypothesis for gout from experiments on chickens and small mammals.
Chicago receipts show 29000 hogs with slow market and mixed price ranges from 7.70 to 8.55 for various grades while cattle receipts reach 19000 with steady beeves at 7.15 to 9.50 and calves up to 11.75. Sheep receipts 45000 indicate slow market with native and yearling prices around 3.90 to 5.95 and native lambs 5.90 to 7.35.
MEMPHIS Tenn Oct 8 Spot cotton held steady with a tiny decline noted in middling prices. Market activity showed limited demand as traders watched weather and overseas demand for export.
Cash grain quotations list Chicago prices for No 2 red and hard wheat and No 2 northern and spring wheat with fractions and adjustments. The fragment shows No 2 red at 92 3/4 cents and No 2 hard around 86 87 1/2 cents, plus other varieties and adjustments.
Quotations from Kansas City show cash wheat at No. 2 hard 84 90. No. 2 red around 1992%c. Corn bids: No. 2 mixed 72 75%c and No. 2 white 73 78%c. Oats listed as No. 2 white 42%ec.
In New Orleans, prices show rough Honduras and Japan strong, clean Honduras strong, Japan steady. Quotations list rough Honduras at 2.71 to 4.85, rough Japan at 2.75 to 4.05, clean Honduras around 5 percent, new Japan at 3 percent, and old rice at 3 4 cents. Totals show rough 3777, millers 3287, clean 176 Sales with 286 sacks rough Honduras at 2.36 and 4388 pockets clean Honduras at 2.
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