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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Oct 14, 1908
Page
3
The report covers New York price action for coffee and wheat with mixed futures, implying subdued demand and holiday cables. It compiles Baltimore and New Orleans grain quotes, cotton markets, and weekly country produce prices including beans peas butter cheese eggs and fruits with varied regional receipts and prospect shifts.
Leather prices hold steady as demand softens with large buyers retreating to small jobbers. Provisions slide further on abundant hog supplies with pork and hog futures weak, while molasses and syrups stay quiet and refined oils trade steady. Local markets show mixed metals with London prices easing but US cash terms uneven.
Prices for crabs pears peaches grapes and more listed by variety and origin. Hops receipts 1 052 bales and steady cattle hogs and lambs markets with mixed regional activity and revised Oregon crop estimates.
Receipts at New York markets include 83 cars of beeves 617 head with 27 for slaughterers and 6 for market. Dressed beef in moderate demand at 10 1 2 c per lb native sides and Texas at 6 1 2 c. Calves receipts 641 head with veals steady and grassers easier. Sheep and lambs receipts 8 209 head with demand steady and dressed mutton and lambs sold at quoted ranges. Major buyers include S Sanders Tobin & Bhanner Robin & Shannon Judd & Co with various price impressions for veals grassers and lambs. No shipments from port today. Majestic to take about 2950 quarters tomorrow.
Cattle receipts steady to slow in Chicago with steers 7 75 cows 3 25 to 5 25 calves 50 to 350. Hogs down 10 to 15 cents with heavy shipping 6 15 to 6 25, light 5 90 to 6 10. Sheep around 4 75 to 4 85. Buffalo markets slow with cattle 57 5 to 62 5, hogs 5 60 to 6 05, sheep 4 75 to 4 85. Kansas City cattle strong to 1 00, hogs 54 0 to 62 5, sheep steady 42 0 to 59 0. Cincinnati hogs dull 2 00 lower, cattle slow to steady, sheep steady, lambs 4 7 to 5 0. Pittsburgh cattle slow to fair, sheep steady, calves 8 0 to 8 50, hogs lower prime heavies 5 80 to 5 55.
Boston traders report a very active wool market with rising prices across regions. Quotas show mixed fleece grades from Ohio Pennsylvania to California and New York, with scoured values for Texas Oregon and western districts ranging broadly by age and quality.
Chicago reports show liberal profit taking in longs weighing on wheat with declines from late day. Corn and oats stay soft while Liverpool strength sparks a brief local rally before prices drift lower. Cash grain demand eases with heavy North West receipts and bearish world supply data.
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