San Antonio Light and Gazette (San Antonio, Tex.), Vol. 31, No. 226, Ed. 1 Tuesday, September 6, 1910 Page: 13 of 14
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A ATT Al I What the Great Crop of AAAAIIAT The Money Market the ■ TTI I"
lUI I I I Ini the South Is Doing In ||||||||| || l| Stock Market All Man |I A | || |
I 1 I I I 1 Illi the Financial and In> II II II f". kets Controlling Quo* I II | I I p
1111 I II 111 dustrial Whirligig in I 111 II II II ll tations are Found in | |I I I
UU I I Ull this Year of Short Yield I IIUUUUL the Light and Gazette Uli I I LL
OUTLOOK IS GOOD
FOR THIS WEEK
Trade Active In All Parts of
Produce Market—Bananas
Start Something.
The week opened up again thig morning
With a rush that promises to continue
throughout all local markets for five or six
days at least. The was much more business
than usual this morning and the commisaion
men had no time to stop and converse with
friends on polities or any othm subject.
A carload oi the crate celery from Colo-
rado made itself plain thia morning and tho
crates are quoted at $4.25. The bunches of
a couple of dozen stalks are selling at 65
and 70 cents.
More Colorado stock was in evidence in
the way of u carlot shipment of cabbage.
This was quoted at the usual steady price.
Some fine Port Lamon bananas and a
whole carload of them were received at an
early hour this morning. A lively trade in
this line took form and as long as the car-
load lasts it will continue. During the sum-
mer months each commission man makes it
a rule not to handle more than one carload
per week as larger quantities would be apt
to be damaged in keeping. The quotation on
bananas is steady.
Another car in the series of mixed fruit
shipments from California arrived. The usual
supply of plums and pears in a shipment of
this kind was short. It will not he long be-
fore there will be no pears and plums at all
from California on this market.
A shipment of twenty-five baskets of limes
came in. The demand at present is not heavy
but a demand heavy enough to keep the
trade alive during the year will prevail. The
quotation on large baskets is $1.75 and the
smaller baskets 85 cents
VEGETABLES.
POTATOES—SaIinas $2.10-$2.15.
CALIFORNIA BURBANK—S 2-2.10
SWEET POTATOES—Per cwt. white.
*2
"egg PLANT—*3.7S crate.
RHUBARB —6c pounds.
ASPARAGUS—*S crate.
TOMATOES —80c per crate.
CAULIFLOWER —*1.50*2.50
PHAS —25-35 . peck.
PEPPERS —Texas 75c 4-baskct crate.
CABBAGE —Per 100 lbs. *2.50.
ONIONS —Texas Crystal Wax *2.00 per
cwt. Texas Bermuda $2.75-*3. Bulk Wax
*2.50.
CUCUMBERS —25-30 c 1-3 bushel box; *l-
- bushel box.
OKRA —Texas 65c per bushel box.
SQUASH —Per 2-3 bushel box 65-750.
CHILE PETINE—Per pound 60c.
BEANS —Flat wax 75c per crate.
CABBAGE—Per 100 lbs. $2.50-2.75.
SAUR KRAUT —5-gallou keg $1.15. Half
barrel $3.
CELERY —Dozen stalks 60c-65.
COFFEE.
Price to retailer.
Choice Peaberry 15c@16c; choice Rio 13%
@l4%c fair Rio 13@13%c; Java Mocha
Porto Rico Ariosa brand $16.75 per case
f. o. b. San Antonio.
COUNTRY PRODUCE.
Price to retailer.
BUTTER —Creamery per lb. 30c; country
butter 22c. -
CHEESE —Fancy cream 18%c; fancy brick
20c; American Swiss 24c; imported Swiss
31c; Limburger 20c; Badger State 19c.
POULTRY —Broilers. *1.75@2.00; fryers
$3.50@4.25; hens $4.75@5.25 per dozen.
EGGS—Country per dozen 22c.
SALT FISH.
Spiced herring 90c; Rolled Mops $1.10;
Milcher herring $1; mixed herring 90c; Rus-
sian sardines 65-75 c.
SUGAR.
Jobbers’ prices: Fine granulated $5.75
100 pounds; best loaf 6%c to 6%c. Pow-
dered Te; choice yellow clarified 5%c pound.
HIDES.
Delivered prices paid shipper:
Emerson McMillin & Co.
BANKERS
40 Wall Street New Yorii
rF. Groos & Co. Bankers!
Eg.. 1854 (Unincorporated)
II Commercial Banking Foreign Exchange J
aK High Grade Mortgage Loans Made For Clients JJjj
West Texas Bank & Trust Co.
11l Avenue 0.
A GUARANTY FUND BANK
The non-Interest bearing and unsecured deposits of this bank are protected
by the State Bank Guaranty Fund.
MONEY TO LEND
Large Ranch Loans a Specialty
E. B. Chandler 102 Crockett Street
Alamo National B ank
SAN ANTONIO. TEXAS
Capital and Surplus $60000000
Safe Conservative Accommodating
Both Fire and Burglar Proof Vaults in Fire Proof Building
R. R. BUSSFLL. W W. COLLIER 3. H. HALLE
President. Vice President Cashier.
STATE BANK AND TRUST CO.
The unsecured and no-interest tearing deposits in this bank are protected
by the Depositors' Guaranty Fund of the State of Texas.
CAPITAL $lOOOOO Located Houston St.
HICKS Blug. x
TUESDAY
AMERICAN MARKET GOES TO PIECES
ON LOWER CABLES AND RAIN REPORTS
Liverpool Declines Still More on New Crops—Prices on
This Side Drop Steadily—Question Is If Rains Now
are Beneficial.
Not satisfied with having sold off about
aix points while our markets were closed
Liverpool today declined an additional 2 to
4 points on the new crops but closed 2 net
higher on riie September option. Spots were
unchanged from Saturday and sales were
10000 bales.
The American market went to pieces under
the influence of lower cables and reports of
general rains in Texas although opinions are
divided as to whether rains at this time are
beneficial or detrimental to the crop it being
an open question as to the benefit which
might accrue to second growth and none al
all as to the damage which rains might do
Heavy dry flint butchers 13e: light dry
flint butchers 11; dry fallen free from mud
11c; green salted over 35 pounds frse of
salt 8; light salted under 35 pounds free
of salt 7c; bulls stags and damaged one T
third less; dry flint goat prime 12c; dry
flint goat damaged 6c; wild hog large 25c;
small half price; coon fox wolf wildcat
and coyote 20c; civet cats 20c; opossums 15c.
BEESWAX—Per lb. 25c.
TALLOW—Per lb. 4c
SYRUP AND MOLASSES.
Corn sirup box of 6 cans No. 10 $2.10
per case: 12 cans No. 5 $2.25 per case;
corn sirup and molasses 2% lbs. same ai
corn sirup; cane sirup. 2% lbs. $1.90 dos.;
pure sorghum 33c gallon; corn sirup 33c
gallon; maple and cane dozen gallons $9;
maple sugar in cake 16c lb.
TEXAS CORN.
Paid to aellers in San Antonio:
CHOPS—SI.6O.
CORN —No. 284 c 84c bushel by car.
NUTS.
PEANUTS—Fancy Jumbo per 100 lba.»
$8.50; fancy roast 11-12 c.
PECAN’S—ISc lb.
FANCY ALMONDS—I7c.
CANNED MEATS AND FISH.
Price to ret.iler:
Canned meats —is roast beef *1.80; la
corned beef *1.80; 2a *2.75; American sar-
dines %s per case *3.60; mustard aardinea
per case *3.25; fall salmon pinks per doaeu
*1; fancy sockeyes *1.75.
HAY.
Prairie: Per ton *12.50*14; alfalfa per
ton *T8.50-$l9; Johnson grass $15.20; cane
hay *l5 *lB.
CALIFORNIA BEANS —Fancy Bayo per
100 lbs. *5.55; pinks per 100 Ibbs. $7.25
navies $5. Mexican bayo $5.50.
CANNED GOODS.
California standard canned goods dozen
cans: Apples $1.75. apricots $1.65 blackber-
ries $1.75 cherries $2.20 grapes $1.60
cliugstone peaches $2 freestone peaches
$2.15 Bartlett pears $1.90.
APPLES—4 Tr. $2.35. 4% Tr. $3.
FRUITS. .
AGUACATES—BSc Mexican basket.
BANANAS—S3.SO per cwt.
ORANGES— Valencia $4.75.
LIMES—Smail basket 85c. large $1.75.
PEACHES —Texas 50-85 c pet four-basket
crate California $151.05.
LEMON’S—Standard 5.50; choice $6.00.
GRAPE FRUIT—SS.7S-$6 box.
PINEAPPLE^— $3.3-35 crate.
PLUMS 2 —Colorado $2.
Tr. $2.25. 4% Tr. $2.
PEARS —California $4.
GRAPES—BIack $1.25 1.40. White $1.50.
RICE.
Fancy full head new crop $5.50; good full
head new crop $5; fancj full head Japan
$3.50; fancy clean screenings $2.75.
MEATS AND LARD.
MEATS —Dry salt extras $13.70; bacon
extras $15.20; dry salt bellies 14 to 16
lbs. $15.50; Premium breakfast bacon 26%;
standard breakfast bacon 22%c; ham stand-
ard 17%; fancy ham 18%c; bacon bellies
14-16 lbs. $16.95; Premium hams 18%c.
LARD —Compound ll%c; pure 13%c.
PICKLED MEATS —Hogs’ feet in % bar-
FLOUR AND BRAN.
to retailer:
FLOUR—Pioneer per barrel $6.10; Lib-
erty Bell per barrel $6.10; in 48-lb sacks
delivered.
BRAN—Per 100 lbs. $1.40.
RICE —Screening Japan 4%c;
fancy 5%(£6c.
rel $3.25; in kits 95c; tripe. % keg $1.75.
DRIED FRUITS.
Price to retailer:
PRUNES —California 40-50 s B%c lb. 50-
60s 7%c; 60-7QS 7%c.
PEACHES —In 25-lb. boxes standard 8c;
choice 9%c; fancy 10%e.
DATES—Hallowi. bulk. 7c lb; package
7%c lb.
APRICOTS —Standard 12 %c; choice 13%
SAN ANTONIO LIGHT AND GAZETTE
to open cotton )but the trade jvaa frightened
out of ita wits and would Hive considered
prairie fires bearish.
The opening was 12 to 16 points lower
September in New York selling eft 31 points
and the new crops declining 21 to 34 points
before covering by shorts gave any semblance
of support to the market.
At 13 cents for the fall and winter crops
in New Orleans the market appeared to find
a temporary resting place and a few points
reaction occurred but it only served to make
a new selling basis and at the 11 o’clock call
prices were down a full 20 points from the
previous closing.
Private wires from New Orleans about
noon stated that the country was offering
spots a full cent per pound lower than
last wees and if the farther persists in sell-
ing his head off during the early rush to
market he cannot expect any assistance from
speculators in holding up prices. Spots in
New York were 75 points lower than Friday
middling 14.25. Southern markets were also
weak and generally % cent lower.
At the lowest point reached during the af-
ternoon the new crops had declined from 38
to 43 points and September 49 points under
Friday’s closing. A few covering orders near
the end caused a slight rally but the close
was 43 lower on September and 37 to 41
lower on later options.
Liverpool in the morning is due 5 lower
on September. 8% lower on the new crops.
LEADING SPOT MARKETS
Today Yesterday Sales
Liverpool steady ... 7.93 7.93 10000
New York Aiet. ... 14.25 15.00 16740
N’pw Or!eano easy ..13% 14% 314
Galveston quiet ...13% 14.00 2.950
Houston steady ...13% 14.00 11256
NEW ORLEANS
Yes-
Open High Low Clo.se terday
Sept .. ..13.36 13.19 13.84 12.85 86 101
Oct 13.11 13.12 12.84 12.85 86 13.22
Dec 13.13 13.12 12.84 12.85 86 13.20
Steady.
■w
NEW YORK
Yes
Open High Low Close terday
S«pt .. ..13 70 13.73 1.3.37 13.45 : 46 13.86
Oct 13.25 13 28 12.95 12.97-98 13.38
Dec 13.19 13.26 12.96 12.97 98 13.34
Steady.
LIVERPOOL
. Yes-
Open High Low Close fprday
Sept.-Oct. 7.55 7.62 7.55 7.60 7.53
Oct. Nov. 7.02 7.04 7.00 7.00 7.04
Jan. Feb. 6.93 6.95% 6.02 6.91 6.95
Irregular.
RECEIPTS AT UNITED STATES PORTS.
Today. . Last Year
Galveston 18208 19286
New Orleans * 62 554
Mobile 197 1556
Savannah ;•... 748 909 4
Charleston 1 1334
Wilmington 7 3156
Norfolk 669
Philadelphia .*. 93
Total .19223
Last year 35.741 35741
16518
\ COTTON SEED OIL.
NEW YORK. Sept. 6.—Cotton seed oil
quotations today ruled as follows:
Open. Close.
Sept 10.15010.33
Oct $8.83 (g 8.85
Nov $7.57(a 7.59 $7.57@7.59
Dec
extra choice 14c; fancy 15c.
RAISINS —Loose Muscatels 2 crown 6c;
3 crown 6%c; 4 crown 7c; London layers. 2
crown SI.6U; 3 crown $1.80; 4 crown $2;
ounce packages Bc.
APPLES—Oalfornia evaporated 10c.
PEARS —Evaporated halves 11 %c.
FlGS—Bulk 2S-ib. box Bc. packages 75c.
PAINTS AND OILS.
Price to retailer:
White lead yer 100 pounds B%c; linseed
oil raw 96c boiled 97c; varnish hard oil
$1.25-1.75; turpentine cases »7c barrel 79e;
drier 75c gallon; American window glass 90c
and 5 per cent off list.
Mixed paints $1.40-1.65 a gallon; felt and
rubber roofing $1.50 $2.50 $3.50 square.
SEEDS.
ONION SETS—Red and yellow $2.50 per
bushel bo. White $3 bushel box.
GRASS SEED—Bermuda $1.50 lb.
BEANS—PoIe all kinds $7.50 bushel.
Beans bush all kinds $6.50 bushel. Sweet
corn all kinds $6 bushel. Field corn all
kinds $1.75 bushel.
TURNIP SEED—SOc pound. Squash seed
65c pound. Tomato $2.50-2.65 pound. Pump-
kind 60@65c. Muskmelon 75c@$l pound.
Watermelon 60@80e pound. Lettuce 75 (O'Boc
pound. Cucumber 90c pound. Carrots 8590 c
pound. Mustard sU(gBsc pound. Radish 50@
75c pound.
GRAIN.
Price in San Antonio to buyer in carload
lots per bushel:
CORN—Nu. 2 mixed. 81 81 %c. No. 2 white
82%-83c.
OATS—Carload per bushel 42%@43%e;
deliveries in sicks.
MEAL—Per 35-lb. sack 65c;. pure corn
chops per cwt. $1.54; unbolted! ire si per
cwt. $1.50.
BRINGS GRADE UP.
Caldwell County Farmer Brings in Two Fine
Bales—Has Six-Lock Bolls on
Exhibition.
Special Dispatch.
LOCKHART Tex.. Sept 6.—Albert An-
tone a farmer working iho farms of E B.
Coopwood and Henry Masur near Lockhart
brought in two fine bales this week the last
one Saturday afternoon. The bales from the
Coopwood place paid out over 46 p r cent
and the Masur bale paid out 44 per cent.
Forty-four per cent has been considered a
good top liner for several years and sold
only by the Mebane seed but Mr. Antone
now brings this grade of seed up to 46%
per cent. The cotton was ginned at the round
bale gin here and the hnt classed as the
best.
Mr. Antone also exhibited several cotton
holls with six locks stating he would have
about 17 or 20 of these bolls and intended
showing them at the Han Antonio fair this
year. Afterwards he will plant them and cul-
tivate this freak cotton with a view to im-
provement and test its value as to product
over the five lock standard boll. This is aleo
from the Mebane seed but no significance
is given this freak boil as it has happened
several times- in this county. Some planters
believe the six-lock a good cotton. while
others claim the lint is shorter though of
course there is a slight increase in the
amount of cotton to the boll but not enough
to cultivate or pay particuar attention to this
line <»f cultivation. This freak cotton was
planted in May. just after a slight rain and
has nol had a drop of water on its since.
Dr. Hughes eye ear no-e ar.«l throat
Office and infirmary 403 St.
LOCAL YARDS ARE
SLOW AND DRAGGY
The Oversupply of Last Week
Causes Poor Demand Even
on Classy Stuff.
Yard Receipts.
Today. Week ago. Month ago
Cattle 65 225 218
Calves .. .s .. 25 103 114
Hogs 0
(iosts 12
Sheep 38
Receipts of Other Markets.
Cattle. Hogs. Sheep.
Chicago 11.000 6.000 25.000
Omaha * 6.000 1.000 4000
Kansas City .... 6000 . 2000 10000
Top Prices.
Today. Week ago. Month ego
Cows $3.50 $3.25 $3.35
Calves $4.25 $4.00 $4.50
Hogs $B.OO
Goats $2.50
Sheep '53.00
Market Features.
Today—Great scarcity of buyers though
receipts of classy quality.
Week ago—2s per cent drop on all branch
es of cattle trade.
Month ago—Outside buyers cause high bid
ding and active trading today.
UNION STOCK YARDS Sept. 6.—Receipts
here today were exceedingly light for a Tues-
day’s run only 65 head being received. The
class of offerings were choice but the out-
let vias well stocked and in no need of sup
plies even though many inducements in the
way of low prices and fat stock were made.
Packers as well as butchers had taken ad-
vantage of last week's bountiful supply of
cUSsy animals and loaded up to their capac-
ity so today's market with its light receipts
had to submit to a slow draggy tone.
Yesterday's market was in marked con-
trast with that of today the supply exceed
ingly heavy and offerings only of fair grade.
An active market was prophesied for this
week by commission men for they were con-
fident that last week's heavy receipts and
low quotations would cause a scarcity in re-
ceipts and a rise in prices. In the former
they were right but in the latter they missed
the mark by a wide margin.
Cows and Heifers.
Forty head constituted tho 'total offerings
of the cow market this morning and of this
scarce amount only about 25 reached the
scales by noon. Although the class of stuff
was good and prices medium the day’s trade
offered no inducements to the buyer and he
was a very scarce article at the pens.
Ruling quotations on cows today were as
follows; Medium to good cows $2.50 to $3;
good to choice $3 to $3.50; choice to fat
$3.50 to $3.65. The majority of the sales be-
ing around the $3.50 mark.
Calves and Yearlings.
The calf market is still unsettled 25 head
representing the total arrivals. Thia branch
of the cattle trade experienced a slight im
provement over the rest of the offrings and
the entire lot of classy stuff was disposed of
by the closing. This market also feels the
effects of last week's and yesterday’s over-
supply and shows great strength in holding
its quotations close around the $4.50 mark.
Hogs and Goats.
The hog market today was a blank though
the market could have disposed of a lew
choice porkers. Sheep also were on the ab-
sent list twelve goats being the only re-
ceipts of this market.
The quality of the goats were only common
the entire lot belling to one buyer nt $2.25.
KANSAS CITY CASH GRAIN
KANSAS CITY Mo.. Sept. 6.—Cash quo-
tations today ruled as follows:
Wheat: No. 2 ted »9%c©51.00. No. 2
hard 98c (q *1.03.
Corn: No. 2 mixed 55%@56c. No. 2
white 57 lie.
Oats: No. 2 mixed 32@33c. No. 2 white
|3541%c. •
ST. LOUIS CASH GRAIN
ST. LOUIS Mo. Sept. o.—Cash quota
tions today ruled as follows:
Wheat: No. 2 red »1.00@1.03%. No. 2
hard 95c(h97%.
Corn: No. 2 mixed 58c. No. 2 white
1 58 % qz %c.
Oats: No. 2 mixed 30%@31c. No. 2 white
35c.
CHICAGO GRAIN RECEIPTS.
CHICAGO 111. Sept. 6.—Receipts were
j ss follows car lots:
Last
Cara. Grade yeas
Wheat 84 31 63
Corn .. ■ . 560 177 313
Oats 240 137 224
CHICAGO GRAIN MARKET
Open High Lon Clos*
Wheat-
Sept 98% 99'4 97% 97%
Dec. 103% 103% 101% 101%
Corn —
Sept *. ... 58% 58% 5757%
Dec 57% 57% 55% 55%
I Oats—
Sept 33% 33% 33% 33%
Dee 36% 36% 35% 35%
Provlaloua.
Open High Low Cbsa
Pork—
Sept 20.87 20.87 20.62 20.62
Laru—
Sept 12.27 12.82 12.25 12.25
i Riba-
Sept 12.15 12.17 12.05 12.05
COTTON REGION BULLETIN
For the 24 hours ending at 8 a m. 73th
meridian time Tuesday September 6 1910.
DISTRICT AVERAGES.
—Temp.-
Max. Min. Rain
Wilmington N. C 93 72 .00
Charleston S. C 7 4 »G 0
Augusta Ga 9-* 72 .00
Savannah. Ga 94 72 .00
Atlanta Ga .90 “0 .10
Montgomery Ala 9* 70 .60
Mobile. Ala 92 72 .30
Memphis Tenn 9b 72 .60
Vicksburg Miss • 91 72 .20
New/Vrleans La 92 74 .20
Little Rock Ark 92 72 .70
Houston Tex. . 96 73 1.50
Oklahoma City Osla. ••• 90 66 .90
REMARKS.
The weather in the belt is fair except rain
in northwest Texas.
The temperature is above normal.
Rainfall an inch or more at Clanton Ala.
Dyersburg Tenn. Milan Tenn. Malvern
Ark.. Fort Worth. Tex. Sherman Tex. Wax
aharhie Tex. Ardmore. Durant and Weath
erford Okla. Two inches or more at Weath
erford Dallas and Dublin. Texas. Three ill-
rhea or more at Bentonville Ark. and Kip-
pen Tex.
ALLEN BUELL.
Local Forecaster Weather Bureau.
A. tollman plumber. 4XO Main Ave-
IWKH RESTING;
OUILOk IS GOOD
Money Situation Is Really Far
Better Than Could Have
Been Expected.
Special Dispatch.
NEW YORK Sept. 6. —The weekly finan-
cial review of the banking house ot iieury
Clews & Co. says:
In August the number of shares dealt in
on the New York Stock Exchange was only
about 10000000 compared with 24000000
a year ago. The sales of bonds during the
same period were $31000000 as against
$113000000. In each case the transactions
were the smallest in any August fur ten
years. Thia was rest with a vengeance. Such
inactivity however cannot be expected to
be permanent; and now that the vacation
season is drawing to u close and many of
the uncertainties which previously checked
business are disappearing it is reasonable to
look for increasing activity during the re-
mainder of the year. Since January 1 the
number of shares of stock sold have aggre
guttd 122000000 against 136000000 last*
j ear and 202000000 for the record year of
19«|1. In bonds the sales for Xhe eight
months amounted to $43600g000 compared
with sUt>4oooooo in 19U9. which was the
banner year. It certainly will not be charged
that speculation in Wall street this jear has
been reckless or excessive. Those figures
prove that operations on the stock exchange
tor the last eight monUis have been conducted
upon a strictly conservative basis.
of the most important uncertainties
which lately threatened the security markets
has become a matter of history. There is
now little or no danger of any serious mon
etary crisis this tell. Owing to the warnings
issued months and the precautions taken
in consequence the money situation is really
far better than could have been expected.
The interior banks will be able to meet crop
requirements with little assistance from New
York further than simply utilizing the bal
ancea which belong -to them. Thu forced liqui-
dation of the last two months has accom
plished important results. Financiers manu-
facturers and merchants alike have each been
obliged to liquidate and shorten sail. The
process was unpleasant and in many cases
involved severe losses but the results are
beneficial; and as a result it is safe to say
that the financial and business situation in
the United States is much sounder than it
has been at any time since the panic ot
1907. Another element of uncertainty that
has largely diminished is the crop outlook
.which is also proving better than anticipated
a month ago. The only real disappointment
in this respect ia cotton the estimate for
which varies from eleVen and a half million
to twelve million bales; a crop of at least
thirteen million bales having been considered
necessary from the business or economic ■
standpoint. This misfortune will not fall en-
tirely upon the United States but will be
shared by the whole cut ton consuming world.
Our cotton manufacturers will necessarily be
obliged to contend with very prices for their
raw material but the south will secure am
pie compensation througn the unusual profits
which cotton culture is just now affording
them. 8o far as the south is concerned high
prices will be a good of tat to any shortage
iu the crop. It will be another month or six
weeks before this important staple is out of
danger from frost. The wheat crop if not as
large as desired is turning out better than I
anticipated in July. High .prices here aie
also benefiting the grower and no great de-
cline can be anticipated in view of the fact
that the world’s wheat yield is about 20-.
UOO.OOO bushels less than last year. Corn
the most important crop to American iutjir
ests is making very satisfactory progress.
There is new a good chance of our securing
3000000000 bushels and within a month
the frost danger which is diminishing daily
will be entirely eliminated. Though the price
per bushel is lower the value of this crop
is quite likely to equal that of 1909. In fact
it is not at all improbable that the combined
money value of all our crops will equal the
$8760000000 of last year.
Another satisfactory indication Is the di-
minished output of new securities. This sim
pt)’ shows that the country is taking the
much needed rest cure the only remedy for
past excesses and the only high road to true
recovery. It is possible that after the Labor
Day holidays the market may undergo a fur
ther period of temporary unsettlement; yet
good investments are selling at very low
prices on present . returns and all of the
known unfavorable'conditions except politics
seem to have been quite thoroughly discount
cd. It may be that the continued depression
in business and political agitation will force
prices tn a still lower .level; but on the other
hand tho time is not far distant when Wall
I street will recover its gerve and begin to
i discount recuperation. Aleneral conditions
| throughout the country arc sound and as
soon as the readjustment process approaches
completion we may expert better prices for
stocks. Meanwhile continued caution is ad
visable until political possibilities can bo
more accurately measured.
COTTON WIRES
Frosts are only a few weeks away
It must be remembered that the crop is
late by at east a fortnight in nfost sections
and that an average frost date is therefore
equal to an early frost this year.
An early frost would undoubledly do much
more damaga than usual.
Longview Texas wired Norman Mayor 1
Co.: "Saw as poor a crop outlook on the
line ot the Katy’ between Shreveport La
and Tittsburg Tex. as last year. Y’teld will
probablv be a bale to four acres. Plant small
and badly shrunken Ok drouth. Rain in
Marshall territory caused top c/bp to shed.”
Now York wired: "Export houses selling
October which month is befog bought by Wal!
street.”
A Liverpool cable said: "The market feels
the influence of daily hedges. Think wc shu'i
be lower unless bureau report is very bulb
ish.' ’
STOCK YARDS TALK
J. A. R.ed of Cotulla is here with » buneh
of mules and horses.
D. M. McLemore a horse and mule dealer
of Bloomington 111. is at the local yards
today.
L. Leßlanc a horseman of Abbeville In-
diana is in the city on business.
Joe Reynolds an Alfred cattleraiser is in
the city.
W. H. Brooks of Benavides is here on bus-
iness with tho Cattlemen s Exchange.
John C. McCutcheon a noted stockraiser
of Taylor is a guest at the Southern hotel
and was at the yards today.
Tho northern cattle markets were very
fulls- supplied yesterday 58.000 head being
received. Receipts were as follows: Chicago
29.000. market 5 to 12 lower; Kansas City
20.000: St Louis 6000. and Fort Worth
3000 steady.
The introduction of hog raising in oast
Texas means the passing of the mortgage
system from that territory and the swift de
velopment of the country.
Receipts of vedl calves this spring says
an exchange have hern liberal at nearly all
points. Thev do not indicate any general ten
dency on the part of farmers to raise more
eattle. And yet now and then we run across
some evidence that a wide-awake man has
realized the fact that ■ows are getting
aesree and has begun to provide for the
future.
There is a good 4iemand for fat muttons
on the big markets with pricea better than
prevailing some time ago. Sheep have been
a great scarcity on these yards for some time
although the market is strong
FOR HARD AND
CONSTANT SERVICE
Our Duplex Pump Jacks have stood a
twelve years’ test in irrigating from wells
pumping water (oKlive stock city waterworks
. systems and industrial plants.
Write Us for Quotations and Catalogue D
ALAMO IRON WORKS
EVERYTHING IN IRON.
SAN ANTONIO. TEXAS.
pl
r
G
In
MEXICO CITY 3
S26.6O—ROUND TRIP-$26.00 j
On Sale Sept. 1 to 14. Limit Oct. 10 I
Hotel Cars and Through Fl
$2.50 Laredo and Return $2.50 p
Border Celebration Nuevo Laredo
On Sale September 14-15 —morning of 16. Limit
for return September 19. t;
ELEGANT DINERS TO ST. LOUIS.
City Office 401 E. Houston St. Phones 425 1
J. O. Bell. A. P. and T. A. O. M. Bynum. P. and T. A. I
® “SUNSET ROUTE”
(The Clean Route.)
$22.85 NEW ORLEANS AND
RETURN
On Sale September 12 and 13.
Account National Baptist Convention (Colored).
Special train leaves Houston September 12 8 p. tn. Has tourist
sleepers berth $l.OO. Special chair car on 11 a. m. train from San
Antonio September 12.
City Office 507 E. Houston Street.
MUTTON MAKES A
SHOW IN NORTH
Northern Markets Today Total
39500 Head Cattle—The
Week's Trade Firm.
To start the week off anew the larger
northern markets this morning show a total
of 39500 head of cattle. Although last week
was a banner one there seemed to be xn un-
reliability prevailing. The buyers feented
this and refused to stock up heavily although
the offerings were good fat stuff. The quo-
tations of last week were high "nough and
tone* strong enough but the market might be
expressed as being ’ built on sand.” It ix
thought this week s starting oft with a good
firm “rock” foundation and prospects right
now are good.
Chicago Market.
Steady was the tone ruling in the Chicago
cattle market today and the receipts totaled
6000 head. This tone ruled throughout th*
hog and sheep market as well. The hog re (
ceipts amounted to 11000 head and sheep
25.000. This looks like something do : ng in
the sheep hno and the porkers are stacking
up fairly well. During the whole year around
the sheep are for the most part in good
ditiou and at no time do they below the me-
dium classification. Consequently the sheep
market is more reliable than tho cattle. Sheep
are taking on a strong front and will play a
prominent role in the market events uf the
coming week.
Kansai City.
Although the tone on the Kansas City mar
kit was slow today the receipts in numbers
have all other northern markets “beat a
country block.” The total offei*.ngs today
were 20000 head. There was not such a good
demand today it seems and the quality was
not a* classy a* might have been but they
got there just the same. The tone of Satur-
day’s market was steady but receipts were
light and this held up the quotations to a
certain extent. The big bunch shipped in to-
day put the market somewhat on the blink
Kansas City came in with 6000 head of hogs
and 10.00 U head of sheep. Sheep seem to be
polling pretty strong in all sections of the
country.
St. Louis and Fort Worth.
St. Louis and Fort Worth cattle markets
were both branded with the “lower” mark
today. St. Louis received 9000 head and Fort
Worth 4 500 the smallest receipts of the
northern markets. There doM not seem to be
very much doing in either of these sections
receipts light the first day of the week and 1
the tone lower. But withal it can be said
that the offerings were in fairly good condi i
lion—but the packers are about full up.
RAINS REPORTED
STREAMS AKE ALL HIGH.
Special Dispatch.
BROWNWOOD Tex. Sept. 6. —The Coo-
rado river Pecan bayor and other streams
in this section showed h considerable rise
Unlay ax a result of th* heavy rain last
night. Over five inches of preciptation fell
here according to the government report.
Special Dispatches.
RUNGE. Tex . Sept. 6.—A slow drizzling
rain 'ell here all yesterday morning. Just
enough to stop cotton picking Most of the
farmers w6uld rather not see rain now for a
few days anyway until they get more cotton
picked.
FLORESVILLE. Tex.. Sept. 6.—A good
rain of short duration but heavy fell here
yesterday afternoon and helped to settle the
dust which had been bothersome for the last
twenty-four hours was a help to the grow-
ing grass and wras not heavy enough to do
any damage to the cotton crop.
OBTAIN MORE MONEY.
Farmers of South eceive Greater Sum far Cot-
ton Although Crop Is Short.
NEW ORLEANS La. Sept. 6.—ln spite
of the short crop this year th* south has
obtained mure money for its cotton during
the past season than ever before in its his
tory* according to season end statistics put
out today by Henry Hester secretary and
Mtaustu isii of the New Orleans Cotton Ex-
change.
Otto Riebe Undertaking Co. ambuL I
lance service. 221 E. Com. Phone 311 J
SEPT EMBER' 67101 (CT
CENTENARY CELEBRATION
Personal Mention
J. R. Rochelle of Gonzales who visit-
ed friends in this city last week and
was taken very ill while here has re-
turned to his home accompanied by
Harold Clark and Sheriff W. W. John-
son who came to take him home. Mr.
i Rochelle is an aged and prominent citi-
' zen of Gonzales and has many friends
i litre who will be glad to hear of his
i improvement. . *.
Complimentary to Miss Idella San-
dolosky of Tyler Tex. the boys of the
snnger set in Jewish circles were
hosts at a danee Monday Slight at
Muth's garden. There were about thirty
young couples who participated in danc-
ing and a most delightful evening was
spent.
Miss Elizabeth Wolf has returned
from Galveston where she was the
guest of her brother and Mrs. W. F.
Feagan.
We hereby extend our heartfelt thanks for
the kindness and sympathy extended us by
our many friends and neighbors during the
illness and death of our infant daughter and
also for the beautiful floral offerings.
MR. AND MRS. E. J. MENGER.
The Shelley-Loring
Undertaking Co.
Both Phones 071.
Carriage an' ambulance service.
The City NationaHank
Cor. -Simmarca and Navarro Oku
U. S. GOV’T. DEPOSITOtY
f Fer Cent on Time Deposits
Your patronage aeUeiteA
ADraye courteous and appreciative*
b POPULAR
| SEA BEACH
1 EXCURSION
| $2.25 Round Trip
i CORPUS CHRISTI)
I INGLESIDE ( And
I ARANSAS PASS.Rsturn
I ROCKPORT '
Down Saturday night Sep* H
.O Back Sunday night Sept. Uth
SPECIAL TRAIN
■ Leaves 8. A. & A. P. “
11:30 p. m
I Rockport branch passenger’ will
-■ use regular trains from Gregory.
TOURIST SLEEPERS
CLAUDE SFRINGALL
City Ticket Agent Phones 571.
tiny ( apaalea ar» /P I
■ tn 48 boars
13
CARD OF THANKS
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San Antonio Light and Gazette (San Antonio, Tex.), Vol. 31, No. 226, Ed. 1 Tuesday, September 6, 1910, newspaper, September 6, 1910; San Antonio, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1692683/m1/13/: accessed July 18, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; .