San Antonio light. [volume], June 17, 1911, CITY EDITION, Page 7, Image 7

About San Antonio light. [volume] (San Antonio, Tex.) 1911-1993

Image provided by: University of North Texas; Denton, TX

                
Reports of Rata' in West Texas Cause Wide Break in Cotton Market at Opening Today
DRIED FRUITS '
AREOROPPING
Packer Surprises Local Job
bers With Lower Set of Prices
on Future Fruit.
Complaint about the price nzcenzlon
in the dried fruit market which her
been ao prominent tn the jobbing dle
triete of the entire country .of late,
wee ended today when a certain big
California packer made known the fact
that the crop of California fruit* had
tunrod out to be better than expected
and that packer* on the coast were
contemplating a general reduction In
the price of future dried fruit. He fur
ther stated that his concern had al*
ready this week lowered prices In sev
eral varietlea. poaches going a cent and
a half lower and prunes He lower. Lo
cal jobbers wer much surprised end.
many congratulated themselves that
they had been very conservative in
placing their orders so far this year.
Local jobbers Issued today the opening
prices on table commodities for next
week's market. Several varieties of
fruits and staples show fractional gains,
foremoot among which is a quarter ad
vance in oranges from 11.50 to $3. ,5. a
half dollar per hundred pounde In po
tatoes ovsr last Monday and a quarter
advance over the. present quotation of
11 per hundred; a half dollar advance In
cabbage to $1.50 per hundred, and a dime
advance In all varieties of now onions.
The bean market la quoted weak.
There la an abundance of green ba
nanas in the city but the ripe stocks
ready for consumption are exceedingly
low. The warm weather will put the
hard fruit in fit condition for Monday's
market, however.
The watermelon eupply of the local
markets this morning was about the
heaviest of the season and prices eased
down considerably. Cantaloupes were
abundant also ami under the lower range
of prices more people are consuming the
product and the demand is heavier.
Twenty-five centa will purchase on the
wholesale ntarke« practically any sized
melon. The stock is nice.
Eggs are being recandled before being
consigned to the trad* for the produce
dealer Is unwilling to have his name
blackened by selling bad stock. The
shipper Is having to pay for this pro
cess and his returns at present are
about half those of a week ago. The
Improved quality of eggs that were
being sold has proven a strengthening
feature In the market. The quotation
thia morning for desirable grades aws
15c. The market was firm.
Reports made by the state department
of agriculture are that the corn crop
throughout Texas has been practically
ruined by the prevailing drouth. In the
southern and southwestern portion or
the state the yield will be about 50 epr
cent of last year but North and West
Texas planters will not be so fortu
nate. In view of this fact the market
on all grades of corn and chops is ex
pected to take a series of advances in
the near future. At present the local
market Is very firm but unchanged.
Reports from Denta regarding the
Valencia raisin situation are favorable
and It is expected that the crop will
show an Increase of from 5000 to 6000
tone over last year. Shlpmento win
commence in August as usual and with
the ample yield moderate prices are
looked for.
•aw Ajrrowio wwosvc*.
Price to shipper less commission.
Price to retailer: .
BUTTER —Creamerv per pound, tic;
country butter 12018 c.
EGOS—Fresh country candled 13015.
CHEESE —Fancy cream l*%c; fancy
brick 30c; American Swiss 34c; import
ed Swiss 31c; Llmburgor 20c; Badger
Elate l»c.
POULTRY—Large choice hens, per
dozen |3.00; medium hens, per dozen 31
<cp4.25; large springs, rer dozen p3.5OC p
4.00; medium springs, per dozen $2,60 0
2.75; email springs, per dozen ?3.oo<lz’
2 25; guineas, per dozen $3.260 3.60;
ducks, per dozen. $6.0008.50; squabs $1
01.21; turkeys, per pound 14c.
CHICAGO PRODUCE.
(BY THE ASSOCIATED PRESS)
CHICAGO. June 17.—Quotations to
day were as follows:
Butter steady. Creamrles 18022 c, dai
ries 16% 020 c
Eggs steady. Receipts 18,466 cases at
mark, cases Included. 110 %c; firsts
13c; prime firsts 14c.
Cheese steady. Daisies 11%0%. Twins
lO%011c« Young Americas 11% 012 c,
Long Horns 11% 012 c.
Potatoes steady. Choice to fancy old
$10001.10; fair to good new $2.15©
3.85.
Poultry, live easy. Turkeys, 12c;
-hlckon* 17c; springs 18022.
Veal steady; 50 to 6u pound weights
80, %c: 60 to 85 pound weights 814 0
9%c; 85 to 110 pound weights 10014 c.
KANSAS CITY PRODUCE. 4
(BY THE ASSOCIATED PRESS)
KANSAS CITY. June 17.—Quotations
today were as follows;
Butter, creamcry 21c. firsts 18c, sec
onds 13c, packing »tock<ls%c.
Eggs, extras 17c, firsts 14c, seconds
Se.
•T. LOUIB FKODUCE.
(BY THE ASSOCIATED PRESS)
ST. LOUIS, Mo.. June 17.—Lead firm
34.8 T 1-2; spelter excited, $5.50.
Chickens 10 1-2 c: spring 21©24c; tur
keys 12015 c: ducks 9c, geese 6c.
Butter steady; creamery 18022 l-2c;
eggs dull. He.
SUGAR AND MOLASSES.
NEW YORK, Jun* 17.—Molasses:
'sugar: Raw. firm; Muscovado. 89-
test. 8.880; centrifugal, 98-test, 3.89 c;
molasses, 89-test, 3.14 c; refined steady.
NEW YORK DRY (JOODS.
NEW YORK. June 17.—The cotton
goods market holds firm. Export busi
ness continues steady, some sizable
trade with Manila being reported. Lo
cal wool markets are quiet. Jobbers
vtlll doing e. ll»ht house trjde.
NEW YORK COFFEE.
NEW YORK, June 17.—The market
for coffee futures opened steady but to
ward the close prices eased off slightly
from the best with the final tone steady
it a net advance of 3 to 8 points.
Spot steady; Rio No. 7, 12 l-2c; San
ios No. 4, 13 l-8c; mild dull; Cordova.
13013 c. New York warehouse deliv
eries yesterday, 10,800 bags, against
*230 last year.
Hides. Wool, Btc.
(BY THE ASSOCIATED PRESS) '
NEW YORK. June 16.—Hides steady.
Wool quiet.
Rice steady.
SATURDAY,
SAN ANTONIO. Tex.. June 17. 7 l m.
Forecast till 7 p. m. Sunday:
For Ban Antonio and vicinity, tonight
and Sunday unsettled.
East Texas, tonight and Sunday un
settled; cooler tonight in the northwest
portion.
Storm center over Missouri; weather
in valley districts and lake region un
settled; rain in places In Ohio, lowa
and Colorado. High temperature In the
southwest.
DULL MARKET
GLOSES WEEK
Local Stock Yards Has Slow
session With Practically No
Buyers In Evidence.
UNION STOCK YARDS. June It—
Ther was no one on the yajds who cared
to purchase cattle at the opening of the
market today and ther was no trading.
Receiots wer fully in Une with yester
day and the week. A carload of mixed
cattle from Uvalde and a oarload of
calves from Samfordyce composed the
shipping list and local consignments
were confined to something less than
two dozen head.
At nodn very few transactions had
been made. Cows were being offered
at $3 and calves at $4.50. Lower prices
wer taken, of course, for inferior grades.
Hogs wer strong at $6 again.
The following quotations will under
normal conditions be the opening prices
for next week's market:
Cows: Choice fed $3.500 3.26; good to
medium $2.80 0 3.u0; medium te fair,
including Stockers and feeders. $2.50©
2.76.
The market this week has been very
lightly tried on choice fat cows and it
Is the opinion of local commission men
that the outlet Is in fit condition to han
dle quite a good- supply.
Calves: Choice lights $4.000 4.60;
good to medium $4.00; medium to fair
$.5003.85.
Hogs: Market strong. Choice corn fed
$6.0006.10; good mediums $6.6506.00;
piss and lights $5. Th ehog market has
been the starring feature of the mar
ket all week.
Packers are now getting grass steers
at practically their own figures.
A subject that is much in discussion
in stock yard circles is: "Why was
the wool grower picked out for slaugh
ter by the tariff tinkers?"
Chas. Schreiner of Kerrville shipped
out three cars of mohair this week,
which completes his spring shipments,
amounting to over 400,000 pounds. The
yield and quality of mohair this season
was very fine and the prices received
most gratifying to the growers of that
section.
John Hurley of Hopkins county, who
is in the city, says: "We have an in
crease of cotton acreage In our country
thia year of about 20 per oent. The best
grain crop of years has already been
harvested and the prospects for corn are
fine, provided that wo have rain within
the next week. The prospects are also
gond for cotton. The native hay grass
Is an absolute failure on account of the
extreme drv weather during the past
two years."
E. A. Watson of Delta county tells
of the conditions in his county as fol
lows: "Our corn crop Is suffering for
the want of rain, but cotton is looking
fine, and the land Is well cultivated.
The oat crop Is in fine condition and
has already been harvested, but is not
vet threshed. W 6 shall need rain for
corn within the next few days in order
to make much of that product, but the
present weather Is good for cotton. At
present there Is about 20 per cent more
cotton planted than last year at this
time. Nearly nil of the bottom land is
in cotton this year, while las year ft wns
mixed with corn. Up to ths last day
or two, fanners in our section have been
In good spirits, but the continued drouth
has put optimistic feelings on Ute
wane."
C. W. Post, the millionaire cereal man
ufacturer. Is spending $3OO daily for
giant powder and dynamite to make
rain fall at Post City. Garza county.
The powder Is being touched off at the
"Double U" ranch, one mile from Post's
model city. The explosions have not
brought any rain to Bay City to date,
but rain has fallen nt Lubbock, four
teen miles away, and at Lamesa. The
people In the surrounding country are
confident that the dynamiting brought
the rnin and the cannonading will con
tinue. ■ -
Juno 19 will be a great day. at Talpa.
At that time the annual wool sale of
the Wool Growers' association of that
town will take place. There will be
250 000 pounds of the staple for sale,
and It has been arranged that any sheep
man who desires may bring his wool to
the Talpa market and store It with the
whole clip without storage costs.
A good many Texas cattle have been
selling in Chicago of Is’*
Here's the Illustrated Story of Today's Weather Conditions
STOCKYARDS TALK
U. g. Department of Agriculture.
WEATHER BUREAU
WILUS L. MOORE. ChK
OKLAHOMA HOGS $6.45,
TEXANS BRING $6,35
Cattie Trade at Fort Worth
Featureless With Steers at
$4.85 and Cows $3.25.
(BY THE ASSOCIATED PRESS)
. PORT WORTH. Tex.. June 17.—
Live stock receipts Saturday were 450
cattle, 1600 hogs and 50 sheep.
Little activity wps dlKplajed in cat
tle sales but the market underwent no
change. Steers were taken at $4.55;
car lots of cows sold from $2.25 to $2.75.
A few odd bunches brought as high as
$3.25. Very few calves were yarded,
these selling around $5.
There was difference of opinion as
to the status of hog market In the
closing day of the week, sellers in most
part contending for a steady to a 5 high
er quotation, while the buying interests
held out that 5 to 10c higher prices
were paid for all classes.
Quality In hogs was modiui. Okla
homa* topped the market with a car
selling at $6.45. A string of four cars
of Texas hogs sold for $6.35. The
bulk of sales was from s6.io to $6 35.
For the week the hog market was not
more than strong.
Hardly enough sheep wore yarded
Saturday to make a market. Some
lambs sold for $5.50. Mixed sheep
brought $3.65. Prices at the close show
ed an advance of from 15 to 25 cents on
all kinds, especially good lambs. Ewes
and wethers were in good demand.
ST. LOUIS LIVE STOCK.
<BY THE ASSOCIATED PRESS)
ST. LOUIS, June 17.—Receipts and
quotations today were ns follows;
Cattle: Receipts 600. Including 400
Texans; market steady. Native beef
steers $5 0006.40; cows and heifers $3
0 6.25; Stockers and feeder.’ $3 000 5.00:
Texas and Oklahoma steers $l.OO 06.00;
cows and heifers $3.0005.00; calves in
carload lots $4.5006.75.
Hogs: Receipts 5800; market steady.
Pigs and lights $6.1006 30. packers 5.50
(ii 6.60; butchers and best heavies $6 20
©6.40.
No sheep.
CHICAGO LIVE STOCK.
<BY THE ASSOCIATED PRESS)
CHICAGO, June 17.‘—Receipts and
quotations today were as follows:
Cajtle: Receipts estimated ai 100;
market steady, ijecves $4.900 6 55; Tox
as steers $4.6005.80: western steers
$1.5005.75; stockcrs and feeders $3,700
5.60: cows and heifers $2..00 5.90;
calves $6.000 8.00.
Hogs: Receipts estimated at 7000:
market generally five cents op. Light
$5.9506.35; mixed $6.9506.35; heavy
$5.85 © 6.32 % ; rough $5.8506.00; good to
choice heavy $6.0006.32%: pigs $5.66©
6.20; bulk of soles $6.2006.30.
Sheep: Receipts estimated nt 6000;
mnrket steady. Native $2.5004.35; wes
tern $2.7504.40; yearlings $4.0004.90;
native lambs $1.0004.40: western $4.50
06.76: spring lambs $4.5007.10; ewes
$2.2503.90.
KANSAS CITY LIVS STOCK.
(BY THE ASSOCIATED PRESS)
KANSAS CITY, June 17.—Receipts
and quotations today were as follows:
Cnttle: Receipts 300. including 200
southerns: market steady. Native steers
$501)06.35: sottwizern steers $4.0005.60;
southern cows nnd heifers $2.500 4.50(
native cons and heifers $2.5006.10;
Stockers nnd feeders $3.7505.00; bulls
>3 85014.75; calves $4.5007.50; western
steers $4.750 6.10: western cows $2.75®
4 Hogs: Receipts 2000: market 5, cents
higher Bulk of sales $6.0506.15; heav
ies $6:000'6.10; packers and butchers
$6.0506.15: lights $6,1006.20
Sheen Herein* none: market steady.
Muttons $3.25* 4.00; lambs 7.OO:
fed wethers and yearlings $3.60 0 4.60.
fid western ewes $3.00© 5.00.
CATTLE GO TO MARKET
Foarzsll Shippers Taks Advantage of
Higher Market and Unload.
(Special to THE LIGHT.)
PEARSA EL. Tex,. lune 17.—The ac
tivity of cattle FhinmentF from thia
point so far this week has been Rtiw
and there is every indication that ship
ments will continue of good quantity
throughout the coming week. The low
toned condition- of the markets have
tended to keen the stockman in the hu-
S , n «hlr> his stock but now as
the marketable'stock Is rapidly accumu
latino nnd the mnrket showing a slight
ly improved tone shippers are letting
loose a bit The following shipments of
fat“tters was made front this, point to
the St. Louis mnrket today. Ths Key
stone Land nnd Cottis company, 18 car
loads, M. K. Shinner, 18 carloads.
iHE SAN ANTONIO LIGHTS
STOCK MARKET
IS IMPROVED
Maiket Opens With List Show
ing Gains—Active Railroads
Are the Leading Issues,
(BY THE ASSOCIATED PRESS)
NEW YORK. Juns 17.—Moderate
strength developed in the early trading
on the stock exchange today. The open
ing range of prices showed fractional
gains for moat of the active railroad
stocks. Lehigh Valley advanced a point
and Union Pacific 1 >4. The Industrial
issues showed a lesser degree of
strength. U. S. Steel sold unchanged
and Amalgamated Copper advanced *4.
Although there were reports of need
ed rains in various wheat and cotton
sections, the market weakened directly
after the opening. Reading. Union Pa
c/lc end E. S. Steel reacted to a point
fictionally below yesterday's close. The
rise in Lehigh Valley was cancelled and
the Hill stocks were depressed more
than a point below Inst night. Indus
trial stocks showed some heaviness, the
decline of IM. in Virginia-Carolina
Chemical on uncertainty over maintain
ing dividends causing Home selling of
other issues. American Beet Sugar sag
ged one and National Biscuit 1%. There
wns a sharp rally before 11 o'clock and
losses were mostly recovered.
The mnrket closed steady.
Today Yes May
Amalgamated Copper 71 70
American Beet Sugar 531., 54ip
Amer. Car nnd Foundry ... 57 569*
American Cotton Oil . ■ *l% “1%
American Locomotive lid.. 42% 424
Amer. Smelt, and Ref 82% 82 <
<lo 1071 s 107%
Ainer. Sugar Ref ’ini’ 'imr
Anaconda Mining Co 40% 40%
Atchison ’J'k ’’J*
Atlantic Coast Une 81 131 ,
Baltimore and Onio 108 io* »
Brooklyn Rapid Transit ... 80 80%
Canadian Paclfio -j0 24)
Chesapeake nnd ,Ohio M% J*
Chi. and N. W J *B 148%
Ohl.. Mil. nnd St. P 12.%
Colorado Fuel and Iron .... «i s
Colo, tnd Sou. bld 5; »5
Dela. and Hudson bid 17- 172%
Denver nnd Rio G. bld ....23% 28 «
5k
LlU* 1 <»• 1 117*.
Gt. Northern pfd l-J* *»' •
Gt. Nor. ore Certs. J % 63
Illinois Central is xj
Interborough-Met /-•
LoTlsviße nnd Nash, bid - IJ’j*
Missouri Pacific .... 50% 50%
Missouri. Kan. and Tex. ...37 ' ‘
National Biscuit 13.1, UJ
National Lend 6®% »6 ,
New York Central 11l 1“
Norfolk nnd Meatern 10. % 0. z
Northern Pacific IJV* >’*,B
Paclrtc Mail 124% i"4Xi
Pennsylvania 14 s!’s
Ppodlc’s OrR bld •• * 1”6
Pullman Palace Car bld
Rending axr 13%
Rock Islqnd Co M « J 2?
dopf<L“bld.. •«; «’•
Southern Pacific 120* 1 -
Southern RZllway 3J * '’2/
Union Pacific .... 1*“!’
United States Steel 78%
do pfd. o .siu
Wabash bld I‘U* l sgl;
do pfd bid . 38 6 -
Western Union l<d ™ 15
Texas Company * 0“ !J 0
Standard oil
Lehigh Valley ’ " 1
FINANCIAL.
(BY THE ASSOCIATED )
NEW YORK June 17.—Close prime
mercantile paper 404% per cenc
Sterling exchange steady with acun
business in bankers bills nt $4.8 4 to
sixty dny bills and at $4.85.85 for de
mand. . _ . „„,
Commercial bills $4.83%.
Vnr sliver 63%.
Mexican dollars 45c. ~,iir „ ad
Government bonds steady, lallto,
bonds irregular. . s
Money on call pominr.l. Timo i n
easier. 60 days 2% per cent, io "ai
2% ©3 per cegt and six months a .
4% per cent.
NEW ORLEANS RICE M IKK’ 1
NEW ORLEANS. Jure 17. There wns
an absence of dealing in rough rlre 11
the local market today. Clean rice was
steady. ,
Receipts; Rough 529, mlllois
Sales: 3164 clean Honduras, nt 1 w-v
03 5-Sc. 198 clean Japan at -
H-160. ..
Quotations: Rough Honduras. 81.00
03.00; Japan, none; clean Honduras, »3
04 l-2c; Japan, 203 4-“'
CON BREAKS'
ON PRESSURE
Rains Over Night and General
Liquidation By Longs Sends
Market Down 18 Points,
AT THE CLOSE:
New York. 33 to 35 points down.
New Orleans, 22 to 34 points down.
Liverpool, 1 te point* up.
SPOTS:
Naw York, 10 points down.
New Orleans, unchanged.
Liverpool. 2 pointe up.
Houston. % point down.
Galvsalon. % point down.
(BY THE ASSOCIATED PRESS.)
NEW YORK. Juns ll.—The cotton
market opened easy at a decline of 13
to 18 points under heavy general liqui
dation and bear pressure according to
private reports of good rains in ths
southwsst. Thers was some Irregularity
immediately following the call and
slight rallies on covering for over tho
week end but there was no sign of ag
«retsi»s bull support. Long cotton came
out on every little bulge, and the mar
ket during the middle of the morning
was exceedingly nervoue and unsettled
with prices about 20 to 39 points uet
lower and with July selling around
14.81, or 122 point below the high record
of the season. October broke to 18.28.
compared with 12.79. the high point of
ihe week and heavy etop loss orders
were uncovered on the decline.
NEW YORK FUTURES.
(BY THE ASSOCIATED PRESS)
NEW YORK. I June 17.—Cotton fu
turee opened eMy. January 1334035;
March 13.38 bld: May 13.42 bid; July
15.05006, Auguet 14.660 67; September
13.65 u 66; October 11.330 33. December
12.34035.
Futures closed barely steady.
Open. High. Low. Close.
Jan 18.34 13.37 13.28 13.28030
Mar .... 13.38 13.42 13.35
May .... 13.42 13.39041
June 1144®75
July .... 15.05 14.85087
Aug 14.66 14.76 14.65 1 1.59062
Sept 18.66 13.66 13.52 13.52053
Oct 13.32 13.37 13.27 13.27028
Nov 13.27 0 29
Dec .... 18.84 13.87 13.38 13.30031
NEW ORLEANS COTTON
(BY THE ASSOCIATED PRESSI
NEW ORLEANS, June 17.—Cotton 1
futures opened barely ateady at a de
cline of 9 to 18 pointe on private re
ports of good rains In weat Texas. Ths
weather map Indicated only a little rain
In Texas, although very fair showers
were shown In the eastern half of the
belt. Cables were indifferent and added
to the desire to sell. Much long cotton
was thrown overboard by longs who
were afraid to carry their holdings over
Hnndav and shorts were free sellers.
The market broke on the pressure quick
ly. At the end of the first half hour of
business the old crops wer 15 to 28
points under yesterday's close and ths
new crop* wsr 22 to 23 points under.
NEW ORIGANS FUTURES.
(Rf THE ASSOCIATED PRESS)
NEW ORLEANS. Le„ June 17.—Cot
ton futures opend barely steady. June
16 00 bld. July >5.10 bid. August 14.35
asked. September 13.64 asked, Octolier
13.25026. December 13.26 bld, January
13>1© 33. March 13.40 bid.
The cotton market closed steady at a
net decline of 21 to 34 pointe.
Open. High Low. Close.
June .. • • •• 16.00 14.74
i,i|v .. .. 15.10 16.15 14.84 14.85
Aim . .. -- 34.35 14.38 14.18 10.21
s" u . ' 13.54 13.53 13.41 13.44
■MU ... 18.25 13.28 13.18 13.21
Dec 7. -- -• 18-36 l»- 2 « 131:6 13 ' 2 ’!
Jan .. •• 18.31 13.27 13.25 13.26
Mar -- •• !3.40 18.41 13.39 13.36
LIVERPOOL COTTON
(BY THE ASSOCIATED PRESS)
LIVERPOOL, June 17.—Close, cotton
spots lull, prices 2 pvlnts higher.
American middling lair 8.83. good
middling 8.51. middling 8.29. low mid
dling 8.09. good ordinary 7.86, ordinary
• 5g
Sales of the day were 4000 bales, of
which 300 bales were for speculation
and export and included 2900 American
2OOO bales. Including 1700
American bales. Futures opened steady
nnd closed quiet. June 8.07. June-July
7.94%, Jul.v-August 7.59% .August-Sop
tember 7.62%. September-uctobdr ~28.
October-November 7.13%, Novemner-De
cember 7.08. A>ecember-Januar.V. •]-‘ liuar 1 iu
ar -February 7.07. February-MarOh
7,07%. March-April 7.08%.
LEADING SPOT MARKETS
Middling. Sales.
Liverpool, steady 8.29 4.000
New York, quiet .... •
New Orleans, nominal ....160-lb --•
Houston, quiet 15% .....
Galveston, e»sy 15% 3UO
MEMPHIS SPOTS.
(BY THE ASSOCIATED PRESS)
MEMPHIS. Tenn.. June 17.—Cotton
spots steady, unchanged, middling 1j
5-16 C.
NEW YORK SPOTS.
(BY THE ASSOCIATED PRESS)
NEW YORK Juso 18.—Spot cotton
closed quiet, middling uplands 15.60. do
gulf 16.85. No sales.
NEW ORLEANS SPOTS.
(BY THE ASSOCIATED PRESS)
NEW ORLEANS. June 17.—Spot cot
ton nominal, unchanged, sales on the
spot 205 bales, to arrive 22 bales.
Low ordinary 11% nominal, ordinary
12 1-16 nominal, good ordinary 14%.
strict good ordlnhry 14%. low middling
14 13-16, strict low middling 15 1-16,
middling 16 5-16. strict middling 15 V
-16. good middling 15%. strict, good mid
dling 15 15-16. middling fair 16 3-16.
fair to fair 16 9-16. fair 16 15-16, re
ceipts 181 bales, stock 76.745 bales.
GALVESTON SPOTS.
<BY THE ASSOCIATED PRESS'
GALVESTON, Tex.. June 17.—Sp,
cotton easy. % down, middling 15’*
NEW YORK SPOTS.
(BY THE ASSOCIATED PRESS)
NEW YORK, June 17.—Spot cotton
closed quiet, ten points lower, middling
vnlnnds 15.50. do gulf 15.75. Sales 55
bales.
COTTON GOSSIP.
The extreme southwest portion got
the rain Inst night. Th* market thin
morning opened some .15 points lower
than yesterday, theK broke to a further
five point loss.
The drouth, however, still bungs on
In thia section. According to n local
bull ull the ruin that tell in Uils sec
tion the past month or so would not
have furnished a mule with u good
drink.
Fort Wortli seems to be tlic promi
nent one. Ralnn weie reporad there on
Thursday. Friday and todul.
The Western Union report »a>s: Rain
In Texas: Mills. Comanche. Blown. Palo
Pinto and ,h**tlsnd counties. Averaged
about 1 % to 2 inches at Grauuury and
five Inches at DeLeon.
The rest of the cotton country, on
the western part of the map, ut least,
was as dry sz a bone. It is said that
the reported rains which broke the mar
ket Wednesday afternoon and caused
much selling on this side and in Liv
erpool could not be discovered Thurs
day morning. .
It was generally supposed In N*w
Orleans that Texas had received good
ruins and great surprize was shown
when several points tn Texas wired in
that they hud' not received any rain In
six weeks.
Maybe a few showers did fall over
the western belt, said u member of the
local exchange this muruniK. "but the
general soaking rain that is needed so
much is still in the future and the bear
side will be unable to do much with
the market until such a downpour la
seen."
Liverpool seems to have gone all to
pieces on the reports of rnin. The short
Interests on the other side seem ready
to grab at any straw.
A New Orleans broker*wlres: "The
bears are reporting rains, rains, rains,
the drouth is broken. Investigation,
however, show* rain in only a few ooun
ties and light growing sections at that.
The only explanation that the bears
have I* that the ruin* In Texas picked
out points where there were no weather
bureau stations.''
Haywood * Clark. New Orlean*:
Heavy selling on wtakum July and re
ported ruin certain counties northwest
Texas, no general rain.
United States Bxport*.
Tills Last
week.
Exports to Grc ": Britain 7,860 47,357
Exports to Fra <c 9,553 4.4,9
Exports to Continent ..18,280 21.6...
Exports to Mexico and
Japan •l"
Stock at United States Forts.
Bales.
Stock yesterday
Stock same da> In*, week -74.911
Stock same day lust year .... 34.899
Deficit this season
Liverpool Colton ■taUstlcz.
LIVERPOOL. June 17.—The follow
ing are the weekly cotton
Imports, all kinds
Imports. American .•••."O’J
Stock, all kinds n
Stock. American «i».OVO
American forwarded
Total exports •••»• '
Total sales, all i Is
Total sales. American L. 00
English spinners takings A.. 80.00 ,
Total exports • • • ‘’2”
Quantity afloat, al kind* . .. IrtMO"
Quantity afloat. Amer can . .. 47.000.
Total sales on speculation .•. «0o
Total sales to exporters L.OOi
COTTONSEED PRODUCTS.
(BY THE ASSOCIATED PRESS)
MEMPHIS. Tenn., June 17.—Prime
basis oil 5.60: meal $24.25; linters 3%
® 4 % c.
COTTON SEED OIL.
(BY THE ASSOCIATED PRESS)
NEW YORK. June 17.—Cotton seed
oil quotations today were as follows:
Open Close,
lune .... •■■■■ $6.2506.45 '6.2506.42
:1u"v56.36©0.5-; ’®«3s
Aug $6.4206.11 .006.42
.... 1G.1306.40 ©6.43
O et $6.160 6.16 14 i, 6.16
OLBAKING HOUSE STATEMENT.
(BY THE ASSOCIATED PRESS)
NEW YORK. Juno 17. —The statement
of clearing bouse banks for th* «Cek
shows that the banks, held $68.3.L..;0
more than the requirement of the -■
nor cent reserve rule. This is an tn
crease of $29,481,550 In the proportion
ate cash reserve as compared with last
weeks. . ~
The statement follows:
Dally average: •-"a"* /'i. ix-VvY'
Increase $562,2, ~000. Specie $3,9.3,».-
000; increase $03.866.20<k ,
$81,954,000; Increase $,.649.1000. Ad
deposits $l,B 11,097,000; Increase $llO.-
767 00 Circulation $4 5J93 00: decrease
iIWOO. Reserve $522,596,000; Increase
’'Reserve required $454.274 250. Sur
nlu« tUK. 131.750. increase 1.94. M
actual condition loans $ 1
crease $7l 1,91 1,600; specie $383,394,000.0
Increase $06,632,000. Legal tenders $83,-
009.000; Increase $7,295,700. Net de
posits $1,832,019,000. increase $419,053,-
2000; circulation $15,645,000. increase
$54,300. Sereve $532,306 000; increase
$139,278,700; reserve required 8458.004.-
750; increase $105,763,300. Surplus $,4.-
301.250: increase $34,515,400. Summary
of state banks and trust companies in
Greater New York not reporting to the
Clearing House: »
Loans $656,104,800; decrease $*56,-
867.700; specie $67,824,300. decrease $56.-
871.900. Legal tenders $12,412.000;_ de
crease $6,985,400; total deposits $749,-
787.800; decrease $758,709,900.
NEW YORK METAL MARKET.
NEW YORK. June 17. —Standard cop
per- Steady. Spot. June and July
812 15012.25; August and September
&12.20 if 12.30. London firm. Arrivals
i reported at New York today of 1635
i tons (old coin). Customhouse returns
show exports of 15.330 tons so far this
season. Lake copper $12.62 1-2012.8,
1-2' electrolvtic. 812.50012.75. and cast
l Ing $12.*50'12.50.
Tin- MTy.k Spot $42045; June $42
©42.35 July $51.25042: August s4t®
41 60 September $41041.25. London
steady. Sales In the local market, five
tons of September at $4l.
Lead: Firm. Spot $4.46®4.55 New
York and $4.80©4.40 East St. Louis.
Spelter: Firm. $5.6505.65 New York
and $5.40 05.60 East St. Louis.
Antlmnoy: Dull Cookson's. $9.
Iron: Cleveland warrant*. 46s 6d.
Locally qul«t. No. 1 foundry northern
। No. 1 foundry southern, and No. 1 foun
dry southern soft. $15,000.15.30; No. 2
■northern soft, $11.75013.95.
te, ■ —■ - • - te •—
Dentils From Uttbonic.
(BY THE «,KM)i I ATi.l' I'KICSb
AMOY, China. June 17—Eighty
three deaths from the Bubonic plague
and seven deaths from smallpox were
reported in this vicinity during the
two weeks ending yesterday.
JUNE 17, 1911.
RAINS CARRY
WHEAT DOWN
Good Buying Causes Rally, But
Market Soon Sags Down
io Lowest Levels.
I BY THE ASSOCIATED PRESS)
CHB’AGO. 111., June 17.—Raina in th*
spring wheat counties carried down
price* here today. Good commission
buying caused a rally but the market
again sagged. Bearish feeling was in
ereassd by the fact that country of
ferings of wheat to arrive were de
cldedly free, with purchasers holding'
off ’ Cash demand halted complately. /
The opening was 1 3-Sc lower to a
shade up. July started 1-B®t 1-4 to
1 D 4 03-8 off at 87 1-8 to 67 1-4 cents,
rallied to 87 1-2 and then fell back to
87 l-Bc.
Cooler weather and more moisture
msde corn easy. The resulting decline
brought out ratli*r generous support,
but the market fla led to show much re
covery. September opened 3-g to 3-4
down at 55 5-8 to 56c anti ' steadied
around 53 3-4®7-Bc.
Notwithstanding buying on the part
of some former long*, the oats market
sagged with the decline of other grains.
September started l-4®3-8c to 3-B@l-2o
lower at 3S 7-8039 C. but reacted to 39
l-Bc.
Provisions displaced firmness on ac
count of the lighter runs of hogs and
because of limited speculative offerings.
First sales were 2 to 5 cents higher
with September delivery $8 SO fo
lard. SS.;H>«/5.32 1-2 for ribs. No busi
ness was done In pork.
CHICAGO GBAIK MIIUT.
It heat—
I'-’en Hleh. I on- c«*m.
July .... 87 '* 87 4 S«% 88%
Sept 87 * 87' a 88% 88'.
Dcc B»tj 89% 88% 89%
July .. .. 51'* 54% 54*4 54%
Sept 65% 58 55% 35%
bee 51% 51% 54% 54%
Om»—
July .. .. 87% 38% 37% 38
Hept 38% :.9% .18% 39%
Dee 40 40 % 40 40
Provisions.
Mess Pork—
July ...15.25 15.25 15.32% 16 23%
Laid—
Sent ... 830 8.30 8.27% 8.27%
Shou Ribs—
July ... 8.30 8.30 8 25 8.27%
Sept .. 8.26 8.25 8.20 8.22%
DAILY MOVEMENT OF
GRAIN AT CHICAGC
(BY THE ASSOCIATED PRESS)
CHICAGO, lit, June 17. —Receipts and
shipments today were as follows:
Receipts. Shipm ts.
Flour, barrels 13.600 16.800
Wheat, bushels 16.800 18.400
Corn, bushels t'06.000 326,800
oats, bushels 241.200 282.100
Hye. bushels 1.000
Farley, bushels 18,000 2,300
CAB LOT BXCEXFT*.
(BY THE ASSOCIATED PRESS)
CHICAGO. June 17.—Receipts today
were as follows.
11 heat 21 ears, with 4 of contract
grade. Corn 474 cars with 217 of con
tract grade. Oats 158 cars.
Total receipts of wheat at Chicago,
Minneapolis and Duluth today were 377
cur*, compared with 240 cars last week
nnd 173 cars the corresponding day a
year ago.
CHICAGO GRAIN.
(BY THE ASSOCIATED PRESS)
CHICAGO, June 17.—Quotations to
day were as follows:
Cash wheat: No. 2 red 86"*®88c. No.
3 veil 85-%®B7c, No. 2 hard 8' % ITB9 %c,
No. 1 northern 94® 99c. No. 2 northern
9241 98c. No. 2 spring 90®94c.
Corn: No. 2. 54%4T%c. No. 2 white
51%4i%c. No. 2 yelow 54%®%.
Oats: No. 2, 38%c. No. 2 white 384 9
’ic. standard 38%(? a *e.
KANSAS CITY GRAIN.
(BY THE ASSOCIATED PRESS’
KANSAS CITY. June 17.—Quotations
today wore as follows:
Ca«h wheat unchanged to ten cent*
lower. No 2 hard 850 91c. No. 3. 81©
89c. No. 2 red S4©Bse. No. 3 red 82©
S4c’ _
Corn unchanged to %c off. No - mix
ed r >s© %e. No. 3. 54% 065 c. No. 2 white
56%'’. Ml 5 66c '
Oats unchanged to half cent higher.
No. 2 white 11® %c. No. 2 mixed 3<%
n 8 C.
Close: Jul) whiat 820 %c bld, Sep
tember 82%0%c bid
Corn: Tulv 51 %c seller*. September
55%c bid.
WOOL MARKET
ST. I.OUIS.
ST I.OUIS. June 17—Wool: Steady,
medium grade* combing and clothing.
?6®20 l-ictJlght fine I7018e; heavy
fine. 15®17c( tub washed 25®3!e.
HIDES. LEATHER. RICE.
NEW YORK. June 17.—HldeJ: FMB
'Leather: Steady.
Rice: Quiet.
Prof. Ernest E. Scholl. ontomoloclH
I of the department of agriculture, *u >
1 lie* Just returned from an extended trip
i through the sotthwestern portion of
the state, is now encaged In preparing
I a report on prevailing crop conditions.
I The cantaloupe crop was practically de
i stroyed by the melon louse which
' thrived during tho rnin* of late spring.
1 The insects which destroy the melon
I louse remain in hibernation until
weather sets in. and this had the effect
'of resulting in great loss t 0
growers this year The watermelon
! cron will be exceptionally fine, accord
ing to Prof. Scholl. There are a num
! her of complaint* from I Klf “ rr '*’ ot
rot and leaf spot in the alfalfa fields.
Prof Scholl dlzcovered this di*eaM was
, only in evidence in tho newly planted
I —
TOO LATE TO CLASSIFY
M INTFD—ONE FIRST-CLASS HORSE
shoe helper nt H. R. Geyer's. Avenue
D and Travis street.
GEO. SGITCOVICH 6 CO.
WHOLES&LE FRUIT ANO PHOOUCE
117 N. Flores Streit,
old Fboa* 5989. Wew Fhoae ISO*.
7