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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Apr 02, 1912
Page
13
Observations at 8 a m showing air pressure at sea level and isobars. Isotherms mark zero freezing 90 and 100 degrees. Maps describe cloud cover wind direction and a 24 hour precipitation estimate. temperatures and max wind speeds noted.
Full cream cheese rose to 25 cents a pound, the season high and April record. North cold weather curtails production while demand remains strong, leaving virtually no cheese on hand in San Antonio and Texas markets. Sugar quotes show wide variation with refiners around 5.86 to 6.40 per hundred pounds. a few jobbers quote as low as 4.10 amid overall scarcity. Frisco dispatch notes only one of 33 markets well stocked with dried fruits and raisins as eastern markets draw on New York supplies.
Country produce and groceries listed with wholesale prices for poultry eggs butter cheese and vegetables. Items include turkeys hens and Springs, eggs fresh candled, vegetables like cabbage cucumbers peppers onions and potatoes with unit prices and crate or per hundredweight terms. Also notes on meats lard nuts beans seeds and coffee sugar and dried fruits with varied regional entries and farm goods.
Receipts on the Union Stock Yards market were short of demand while activity remained brisk in a short session. Prices were steady matching yesterday and last week with cows reaching $4, calves $5.50 and hogs $6.75. Most cows sold from $3.50 to $4 and calves around $6.
A. F. Schultze reports green country and high markets boosting cattlemen who plan conservative marketing. Texas Oklahoma and northern buyers active in Mexico. 8000 steers moved from Mexico to Oklahoma pastures. Beving Morris sale of 4000 head valued at 100000. additional shipments booked. Ike West and D. M. Pryor visit. several buyers, ranchers, and outposts noted in Fort Worth area.
The Associated Press reports that on the previous day the Bank of England received 76,000 pounds sterling in bullion and dispatched 200,000 pounds sterling to South America.
Lead steady at 16 pounds 2s 6d. Spelter at 25 pounds 5s. Tin strong with spot 196 pounds 15s. Putres 192 pounds 5s. All figures in sterling. Associated Press reports from London on April 2.
Lead firms show 4.22 percent and Spelter at 6.60 as a St Louis AP note reports. The text highlights American cash registers and typewriters aiding business offices globally.
Moderate receipts Tuesday following a Monday peak failed to dampen demand. About 1200 cattle and 250 calves arrived, mainly steers, with cows and heifers selling strong. steer prices rose about 10 cents. Hogs opened with one load at 8.27 and others lower, market overall steady to higher. Receipts totaled around 1000 head.
Receipts tallied 2500 cattle including 400 Texas stock and strong demand. Native beef steers bring 5.55 to 5.85 with cows and heifers 3.00 to 7.60. Hog receipts 7600 with steady trade. pigs and lights 6.50 to 5.00, mixed and butchers 7.80 to 8.10, heavy 8.00 to 8.10. Sheep receipts 2500 with steady market. native muttons 3.25 to 4.50, lambs 6.00 to 8.10.
Receipts and quotations for cattle hogs and sheep in Kansas City on April 2. Cattle receipts 6000 with native and southern price ranges from 3.25 to 8.40, market steady to rise ten cents. Hogs receipts 12000 with bulk sales 7.60 to 7.95, lights 7.40 to 7.70. Sheep receipts 7000 with muttons 4.00 to 6.25 and lambs 6.75 to 8.00, markets ten cents higher.
Receipts estimated 3500 cattle market steady to higher. Beef prices range from 4.30 to 6.75 for various categories. Hogs estimated at 13,000 with market strong and prices from 5.35 to 8.02. Sheep receipts around 20,000 with prices from 4.40 to 8.25. E E Dilly leaves San Antonio to attend Methodist conference at Center Point.
February 1912 livestock movements across seven interior markets show overall gains from 1911 and 1910, with cattle receipts at 637,888 head the smallest February total since 1902. Hogs rise to 2,205,929 head the largest February total in a decade except 1908, while sheep reach 950,287 head. Horses and mules reach 61,510 head, the largest February shipment in a decade, with five markets posting gains over 1911.
Cotton opened steady then dipped as liquidation and lower cables weighed markets. Prices held near last night's close by midday with some gains on floods reports and firmer spot markets. middling uplands near 10.95 cents.
In New York on April 2 cotton futures opened steady with January at 10.83 84 cents, February 10.84 offered, March 10.89 91, and subsequent months trading with bids around 10.45 to 10.88. The session closed quiet with ranges noted across the curve.
New Orleans April 2 Cotton futures opened steady with a 1 to 2 point decline as rain drenches the belt. May led the gains while other months fell 3 to 6 points by noon amid poor weather, weak river conditions in the Mississippi valley, and market caution over British coal miner wage protests.
In late trading the cotton futures market closed steady with small declines of three to five points. The report lists varied price quotes across months with values near 10.88 to 12.09 and notes ADP and other entries in the chaotic OCR fragment.
Closing in Liverpool spot cotton shows moderate business and unchanged values. American middling fair 6.85, good middling 6.47, middling 6.27, low middling 5.93, good ordinary 5.51, ordinary 5.25. sales 8000 bales including 1000 for speculation and export, receipts 26,000 bales all American.
Futures opened steady and closed quiet in Liverpool with dates and rates listed. The contract chain shows July and December maturities with varying percentage points and shifts through early spring.
Leading spot markets in New Orleans report steady prices with 800 bales sold and arrivals of 200. Quotations span low ordinary through good middling with strict and fair grades, receipts totaling 2716 and stock at 169,326.
Spot cotton in Houston on April 2 closed steady at Middling 11 percent. Daily sales reached 1221 bales as buyers and sellers traded steadily in the local market.
Memphis on April 2 reports spot cotton trading steady with middling cotton priced at the same level as yesterday.
Spot cotton in Galveston on April 2 remained steady with middling grade at 11 2-16 cents. Sales reached 1,084 bales as markets showed no change in price.
New York spot cotton closed steady with middling uplands at 10.95 cents and gulf at 11.20 cents. Sales totaled 226 bales.
The New York dry goods market opened steady with a fair volume of trading. Cotton goods are firm with advances of 4c in shirting prints. Men's wear lines show fair trade. Raw silk prices rise while underwear and hosiery demand improves.
February 1911 to February 1912 exports reached 104 628 952 dollars while 1912 saw a marked drop in fresh beef sales. The period shows 12 292 482 pounds exported, less than half of the 1911 figures. Other meat products rise over the same span despite the beef decline.
Cottonseed products report from Memphis shows prime basis at 4.93 94c meal 26.50 76 linters 2% to New York. Spot oil at 5.84 5.88 with May 5.92 6.94, June 6.01 July 6.07 August 6.18 September 6.17 October 6.18 November 6.02. Sales between calls include 900 May at 5.93 and 1100 July at 6.07. Total reported sales 22,100.
New Orleans on April 2 reports prime refined cotton seed oil at 5.90 per pound in barrels. Choice meal with 8 percent ammonia lists 29.00 per long ton and choice cake at 28.00 per long ton.
Market prices list cash wheat and corn for No. 2 red and hard wheat values. Wheat May and July quotes shown. corn May and July figures included. oats and dates lightly indicated with percentages.
Butter steady with creamery and dairy quotes. Eggs easier with 17489 cases reported and firsts at 19 cents. Cheese steady listing several varieties at 19 to 20 cents. Potatoes steady with grade prices around 1.40 to 1.45. Poultry firm with turkeys at 14 cents and chickens around 14 a 50 cents and 60 pound weights at 7 cents.
New York reports unsettled egg market with receipts totaling 37 952 cases. Fresh gathered extras reach 22 percent with 19 percent dirties, indicating varying quality levels in supply.
Quotations in Kansas City include butter at 28 cents for creamery firsts 26 cents seconds 24 packing stock 21 4 cents. Eggs listed at extras 20 cents firsts 18 1/2 cents.
ST LOUIS April 2 Quotations were as Poultry steady Chickens 12 c springs loc turkeys lic ducks 16 c geese 12 c Butter firm Creamery 27 31 c Eggs unchanged 1 c
New York markets report steady prices across several commodities. Raw sugar and molasses show minor fluctuations while petroleum and hides hold firm. leather remains stable as refiners and producers move through the day.
New York April 2 Coffee futures show a steady tone for No 7 Rio and other months as tapes clog. Prices around 13.79 per 100 pounds reflect cautious demand and steady trading amid unsettled supply signals.
Dr. Guy Carleton Lee, touring the area, compares San Antonio to Russia’s Black Sea position. He cites the Rockport to San Antonio railroad as opening deep water access, boosting Gulf commerce and attracting eastern capital, while urging suppression of land frauds harming legitimate investments.
The opening today saw United States Steel at 69% and 69% with a weak late session. Copper shares remained strong with Anaconda Copper and Utah Copper advancing. Reading Union Pacific and Amalgamated Copper posted early records before pressure grew, ending with steel and rail issues under pressure and an overall heavy close.
AP reports closing mercantile paper at 44 4% with exchange firm bankers bills at 483.76 for 60 days and 486.05 for demand. Commercial paper at 4.83% with Mexican dollars at 47 cents. Bonds and on call rates show steady to easy, with various day and term loan figures and offered rates up to 8 percent.
Preparations are made for a two week revival at Travis Park Methodist opening Easter Sunday April 7. Dr George R. Stuart will conduct services. twenty years with Sam Jones. He is reputed to be the greatest evangelist in the south and will be joined by singer Miss Mary Stuart as accompanist.
The Exporters' Warehouse Company of Galveston was chartered with $25,000 capital. The firm will receive, grade, and store cotton at its Galveston port warehouse. Incorporators are K. Tideman, H. A. Focke, and J. J. Norris.
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