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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Oct 24, 1913
Page
16
The forecast for San Antonio and vicinity calls for partly cloudy tonight with warmer temperatures and a fair Saturday. East Texas is expected to remain fair tonight and Saturday with no precipitation yesterday and normal for the day. Total precipitation since January 1 is 28.59 inches with a 5.61 inch excess.
New York stocks opened higher but traded irregularly throughout the morning. Gains from Union Pacific, Canadian Pacific, and Seaboard preferred faded as liquidation appeared. a late rally lifted many leaders, though New Haven slipped to 81 1 2 and convertible bonds fell to new lows amid a broad trading session.
The Cotton Region Bulletin reports Boston and Maine securities sharply declined after financial disclosures. Common stock dropped eight points to 55, preferred at 82, with subsidiary lines down. Weather notes show fair conditions with rain in eastern belt sectors and above normal rainfall in several southern districts.
Liverpool weekly cotton statistics show imports of 125000 bales with 101000 American, total stocks 506000 including 327000 American. American forwarded 74000 and exports 2860.
New York reports lead steady near 4.26 to 4.50 with London quotes at 20 pounds sterling 6s for some metals. Tin holds around 409 to 410 per ton with November at 40.40 40.60 and December 45 40.65. Antimony dull at Cookson's 7.60. London closes with spot at 74 pounds sterling Me 28 73 pounds sterling 5s.
Money on call remains steady with a ruling rate at 8 percent. Closing bids sit at 2 3/8 percent and time loans show 60 days at 4 1/4 percent 90 days at 5 percent and six months at 4 1/2 percent.
Galveston maritime update lists arrivals including steamers Harry T Inge and Port Origen from Nor and Nor, Indore from Br, and San Eduardo. Departures include Alba for New York, Tampico, Chemnitz, Bremen, and other vessels to Rotterdam, Aalborg, and Norfolk.
New York on October 24 reports coffee futures barely steady with December at 10.30 and July at 11.36. The Wandering Boys feature a quirky line about old home week in Plunkville where the district attorney is seen overhauling indictments.
Memphis market report lists prime bale oil at 5.87 dollars, meal at 26.75 to 27.00 dollars, and linters at 3 percent in late October price notices.
Cotton seed oil trading in New York closes firm with spot at 6.88 95 and futures across October to May ranging from 6.84 85 to 7.38 40. Trading figures show 8400 total sales with notable blocks in October 400 at 6.80 and November 1400 at 6.63.
The Kerrville tomato shipments resume while California brings mixed carloads of cauliflower and other vegetables. Eggs butter and country poultry lead a liberal week with demand moderate and prices not high. Forecasters warn of later price jumps as cold weather nears. Dairy costs rise, feed shortages push up stock feed prices, and land values climb. Rice production is curbed by flood damage but Texas expects a good overall crop.
A lengthy market update lists numerous farm goods with quoted prices. Items include eggs, poultry, butter, cheese, vegetables like potatoes cauliflower tomatoes onions cabbage lettuce celery corn cucumbers beans peppers okra cranberries and fruits such as oranges lemons peaches limes bananas grapes apples. Also listed are sugar coffee rice flour bran corn meal and other staples with price ranges and regional origin notes.
A dense catalog of prices for produce meats canned goods and dry goods. Includes peas navy beans limes and limas priced per unit and per hundred pounds with meat lard pickled meats canned fish California canned goods dried fruits and berries hides wool beeswax and tallow listed with per pound per unit and per case rates.
Quotations show butter at 24 24 1 2 cents over creamery, eggs higher with 4877 cases at mark and 22 to 28 cents for ordinary and firsts, potatoes unchanged after 47 car receipts, poultry mostly firm with springs 13 chickens 13c and turkeys 18 cents.
In St Louis on October 24 poultry prices showed chickens 12 cents, springs 18 cents, turkeys 18 cents, ducks 12 to 14 cents, geese 10 cents, while creamery butter traded at 29 cents and kegs at 27 cents.
Kansas City report notes bitter esss and poultry unchanged. New York Produce lists eggs firm and unchanged with the New York market dated Oct 24.
Market report shows rough Honduras and Japan active with firm cleans. Quotations list rough Honduras at 3.00 to 4.60, Japan at 2.85 to 3.80, clean Honduras 4% 6 inch notes. Receipts include rough 2440 and clean 184, mills 900. Sales detail 904 sacks rough Honduras at 2.40 4.60, 1816 sacks rough at 2.86 8.80, 3578 pockets clean Honduras at 1% sae, 1567 pockets clean Japan at 8% c.
Prime mercantile paper yields 64 percent. Sterling exchange weak at 4.8075 for 60 days and 4.8520 for demand. Commercial bills 4.80. Bar silver 60 4 cents. Mexican dollars 46 4 cents. Government bonds strong, railroad bonds irregular.
At Union Stock Yards on Oct 24 buyers pressed hog prices lower by about a nickel to a dime per hundredweight with 800 head reported dull and top hogs at 7.75 a hundredweight. Cattle traded slow with best cows 5.00 to 6.25, stockers 4.00 to 4.60, calves around 6.00, and goats about 3.50 as Packers remained full and not buying.
In Fort Worth Texas on October 24 the cattle market showed Oklahoma steer and yearling activity at about 8.50. Receipts included 1600 cattle and 500 calves with beef steers steady and stocker and feeder steers trading 5.25 to 6.80. Cows and bulls moved slowly, heavy calves up to 7.00, hogs generally weaker with bulk at 7.75 to 7.90 and lambs at 5.75 amid 900 sheep receipts.
Cattle receipts 1600 with 300 Texans and steady market. Native beef steers 5.50 to 9.80, cows and heifers 4.76 to 9.00, Texas and Oklahoma steers 5.00 to 7.75, calves 5.00 to 6.00. Hogs receipts 3300 steady at 7.50 to 8.10 for lights and good heavy 8. Sheep receipts 900 and higher market with muttons 3.75 to 4.60 and lambs 3.50.
Receipts and quotations today show hogs 4800 head with steady market ranges from 6.00 to 7.85 for various lots and prime fed and dressed beef steer prices between 5.50 and 8.75. Sheep receipts about 6000 with lambs 6.25 to 7.00 and ewes around 4.26, wethers 4.25 to 4.78.
Chicago reports receipts totals for hogs 16000 with mixed, light, heavy and hog price ranges. cattle receipts 2600 with beeves, Texas steers, block ers, cows and calves price ranges. sheep receipts 16000 with native, yearling and native lamb price ranges. Market conditions described as slow and steady across categories.
In Louis, on October 24, lead futures quote at 4.20 dollars per unit and spel at 99.25, reflecting a mixed early trading session. Local traders monitor commodity swings amid quiet activity.
New York October 24 cotton markets opened steady to 5 7 points lower on lower cables and quiet trading. Private Liverpool cables blamed increased offerings and slack demand while weather maps showed rains in the east and clearing in the southwest with rising temperatures and months trading about 5 to 10 points lower.
New York cotton futures opened steady with October at 14.04 cents, December 13.85, January 18.67, March 13.66, May 13.65, July 18.58, and September 13.30 asked. Futures closed barely steady.
New Orleans cotton futures opened steady to 4 6 points lower as heavy rain across the cotton region dampened demand. Private estimates pointed to around 7 million bales ginned tomorrow, with the census bureau report due, while cooler forecasts for the western belt supported selling. Prices drifted 2 8 points under the prior close by noon, then hovered, ending the morning 8 10 points below yesterday’s final.
Cotton futures opened steady with October at 14.11 14.12, November 13.80 13.82, December 18.79 bid, January 13.80 13.81, March 13.86 13.87, May 13.87 bid, July 18.90 13.92. Prices closed steady with an advance of 8 to 11 points.
Close spot cotton in fair demand with easier prices. Prices: fair 8.16, good middling 7.86, middling 7.74, low middling 7.52, ordinary 6.86. Sales 8,000 bales, including 6,600 American and 500 for speculation and export. Receipts 60,000, of which 50,900 were American.
Cotton futures in Liverpool finished barely steady with prices across various forward-month spreads. The board showed ongoing shifts from Oct to Nov contracts and fluctuating d values reflecting small gains and losses.
New Orleans on October 24 reports spot cotton unmoved with middling at 13 1 2 cents. Sales tally 458 bales on the spot and 628 bales to arrive, with receipts listed at 6894 bales and total stock at 105,591 bales. Prices across grades show nominal variations from low ordinary to good middling and above.
Galveston on October 24 reports spot cotton closing steady with sales 564 bales f o b 450. Receipts 15 911 bales and total stocks 194 748 bales.
The Houston spot cot ton market closed steady 1-16 down on October 24. Sales reached 915 bales f o b 2900 with shipments of 18 543 bales and total stock at 129 706 bales. Prices ranged from low ordinary 7 15-16 to good middling 18 7-16.
Memphis and New York spot cotton quotes show steady to quiet markets with middling values around 13 to 14.75. A stray paragraph notes Indian butter may be packed in collapsible tin tubes to improve shelf life, while a French company targets graphite deposits in Madagascar.
City officials, led by Mayor Brown, support turning San Pedro Park into a public playground with swings, sand piles, benches, and possibly a swimming pool. Park Commissioner Walker estimates total work under 400 dollars but funds are unavailable due to bond delays and depository decisions.
Washington reports that the Atlantic fleet divisions demonstrated exceptional marksmanship during target practice off the Chesapeake Capes last week. Unofficial scores indicate a clear improvement over last year, with Admiral Badger commending the fleet captains for the progress shown.
Navy department officials will run an engineering competition under service conditions during the Atlantic fleet European cruise. Vessels will be watched for coal and water use lubricating oil consumption and machinery condition, continuing Rear Admiral Evans 1908 practice that spurred engineering gains and efficiency.
Enlarge estimates of export sales and weather shifts weighed on the wheat market. Prices opened steady to lower, declined through the day, with corn slipping on rain-damage talk in the south. Cash quotes show No. 2 red wheat around 92.5 cents, corn around 70 cents, oats about 41 cents.
Quotations show No 2 red wheat at 98 94 cents, No 2 hard at 92 3/4, No 2 corn at 71 and 72 cents, No 2 white 70s, December wheat at 86 3/4, December corn 69 cents, December oats 40 cents. Receipts yesterday include 114000 bushels of wheat and 90000 oats while shipments totaled 61000 wheat and 71000 oats.
Quotations listed for cash wheat with No 2 hard at 82 87 64 cents and No 2 red at 88 90 cents. Corn shows No 2 mixed 72 cents No 2 white 72 72? cents. Oats No 2 white 39 40 cents No 2 mixed 39 cents. December wheat 80 4 cents May corn 69 71 cents.
The American delegation to the International Conference on Safety at Sea recommends installing lifeboats of the most approved type to accommodate every person aboard steam ships. Vessels not more than 20 percent complete should equip at once, with those in service given until sometime in 1914 to comply.
New York reports pianist Ignace Paderewski arrived by the Kaiser Wilhelm der Grosse for an American tour. He complained the foghorns and misty seas jarred his nerves and delayed rehearsals, saying the disruption could cost him about 100000 dollars in potential earnings.
Rescue team entered the Vogel mine in Rockdale Texas through the main shaft and swam hundreds of feet to reach the scene. They found George Lopez dead on a pit car from suffocation in an airtight trap after the explosion days earlier. Seven other miners are recovering.
A fragment shows a dialogue about boy scouts and woodcraft with a loon call. It then shifts to a government hunting test requiring six hours in salt water followed by six hours in the sun, noted in a casual, reflective style.
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