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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Apr 06, 1911
Page
13
The New York cotton market opened steady with a 2.7 point advance as near months rose amid strong cables and bullish news. July reached 14.28 with old crop months up 9 to 11 points midday. spot middling advertised at 14.60. Futures closed steady on mixed demand and nervous short covering.
The forecast for San Antonio and vicinity calls for increasing cloudiness tonight and Friday. East Texas will also see cloudiness with likely colder temperatures in the northwest. a storm center over Missouri brings cloud, rain, and snow in central valleys with freezing conditions in the northwest and extending south to Colorado.
New Orleans April 6 Cotton futures opened firm with a 2 to 8 point gain as buying from a large southern purchaser boosted the market. Old crop gains to 12 13 points, new crop up 6 to 9. May and July held around 14.4 with other months higher on strength and rumors of a summer bull campaign.
Liverpool April 6 closing spot cotton firm with prices ranging from 8.29 for American middling fair to 7.08 for ordinary. Sales total 10 000 bales with 1 000 for speculation and export, including 9 600 American. Futures opened plotted and closed steady with multiple forward spread quotes.Receipts also 10 000 bales, including 9 300 American.
New Orleans on April 6 reports spot cotton firm with 80 bales sold and to arrive 475. Prices range from low ordinary 1015-16 to good middling 143-8 and strict good middling 15, with middling fair and higher levels also listed. Receipts total 1929 and stock 405,876.
Houston reports spot cotton steady at middling 14 percent for nearby grades. New York closes quietly with a modest gain of 10 points. middling uplands 4.60 and middling Gulf 14.85 with no sales recorded.
In Memphis on April 6 spots cotton remained steady with middling grade at 14 3/4 cents per pound, reflecting a stable market as buyers and sellers pause amid broader price movements.
The report notes a 25 percent increase in laying hens over last year, signaling a good egg supply for all purposes. The strawberry market shows improvement and strong stock offered at 3.50 dollars per crate.
Volume was light as stocks opened near yesterday's close with few fluctuations. American Can preferred rose 1 1 2 percent to 4 dollars, American Woolen and Minneapolis St. Paul and S. M. gained, while National Biscuit slipped a point. Eggs and produce markets show strong supply with strawberries at 3.50 a crate and bananas abundant. oranges and lemons see price shifts amid weather and harvest reports.
Cotton seed products in Memphis list prime basis oil at 5.33 to 5.34, meal at 23.75 to 24.00, linters 8 percent 4 cents. In New York on April 6 cotton seed oil quotations show opening and closing ranges with futures for March May and July around 6.18 to 6.38 per unit.
Quotation figures list various metals with spot and May prices. Standard copper ranges 11.70 to 11.85, tin 41.25 to 41.75, lead 4.45 to 4.50, spelter 5.40 to 5.50. Antimony and Cooksons 9.00 to 9.50, iron quiet with regional quotes from New York East St. Louis and Southern markets.
Quotations show butter at steady levels with creamery prices 14 21 cents and daily dairies at 18 18. Eggs hold steady with receipts 21 180 cases. Cheese and daisy products steady with various small cheese items listed. Potatoes strong with choice to fancy 63 65 cents and poultry firm with dressed turkeys 19 cents live fowls 17 cents. Veal prices vary by weight brackets from 6 to 10 cents per pound.
Kansas City market quotes list dairy butter creamery 20c firsts 17c seconds 15c packing stock 1246c eggs extras 16 4c firsts 14c.
Quotes show lead steady at 4.30, spelter down 5.27. Chickens 4 cents, springs 16 cents, turkeys 16 cents. Creamery 18. Eggs firm for lite.
Calves sold up to six dollars, the season’s high, with cows reaching four dollars and a top of four fifty on fed cattle. Hog trading was slow at five seventy five, goats and horses were shipped in, and several carloads moved to destinations including San Antonio and Fort Worth.
Fort Worth Texas April 6 beef steers were in demand with prices topping at 5.25 and mostly selling at 5.00. Porkers showed a heavy supply and strong tone with bulk sales at 6.20 and top 6.40. Receipts totaled 1200 cattle including 100 calves and 2200 head overall.
Chicago reports receipts for cattle about 6500 head with varied bids across classes, hogs around 21000 with market steady to strong and mixed prices, and sheep receipts near 15000 with steady market. Prices include cattle Reeves 5.25 to 6.90, hogs 6.05 to 6.80, sheep 3.00 to 6.50, and related ranges for steers cows calves and yearlings.
St Louis dated April 6 shows cattle receipts 1700 with 300 Tex an imports and steady market. Native beef steers bring 5.00 to 6.55, cows 4.25 to 6.50, feeders 4.50 to 5.75, Texas steers 4.50 to 6.50. Hog receipts 10,000 steady to five cents lower. pigs 6.40 to 6.85, packers 5.90 to 6.85, butchers 6.00 to 6.22. Sheep receipts 4000 steady. native muttons 3.75 to 5.00, lambs 5.75.
Receipts total about 4000 cattle with 300 southerns as market holds steady to strong. Native and southern steers range from 5.00 to 6.60, cows and heifers from 3.40 to 5.00, stockers 5.85, bulls 4.82, calves 4.00 to 7.00. Western cattle show mixed pricing, muttons and lambs listed, overall market strength noted with bulk sales around 6.30 to 6.60.
Carnes & Son of Yoakum Texas dispatched a solid car of eggs to eastern markets. This marks the tenth car of eggs shipped by the firm since January.
New York money on call remains steady at 21-4 with 3818 ruling rates and closing bid 21-4. Market dullness noted with slight advances in note ext Gaye by 1s 4d and ninety days bills at 3 31-4.
Beneficial rains across the spring wheat belt weakened wheat values while expectations of higher Argentine shipments and reduced Liverpool demand pointed to bears in the market. Corn and oats showed firmness on wet weather. pork, lard, and ribs margins shifted as packers sold. Cash grains quoted across various No 2 and northern grades with mixed futures signals.
Chicago April 6 Receipts and shipments today were as follows. The brief item lists grain movement for the day with figures for arrivals and departures across Philadelphia area markets.
Chicago dispatch shows receipts today of wheat 23 cars with 3 contract grade, corn 312 cars with 10 contract grade, oats 202 cars. Total wheat receipts across Chicago Minneapolis and Duluth reach 244 cars, down from 473 last week and 321 on the year-ago date.
Market notes show cash wheat unchanged to higher with No 2 hard around 84 to 85 cents and corn futures up. Oats remain steady while No 2 white oats hover near 31 to 32 cents, mixed and bid prices listed for May July and September contracts reflect a cautious but firm market stance.
A scanned advertisement lists prices for eggs butter dressed poultry and fresh meats with items such as eggs 20c per dozen butter 250 to 350 creamery, hens 60c each fryers 50c and more. Fruits vegetables and other staples are priced by item with numerous cents per unit or per pound and by basket or quart.
Readable list of prevailing prices for fruits, vegetables, nuts, canned goods, grain, and fish in Texas wholesale markets. Highlights include strawberries at 3.00 to 4.00 per unit, potatoes up to 2.50, onions 2.00 per crate, beans 2.50 to 3.50 per hamper, apples from 2.25 to 2.75, lemons 3.75 per box, bananas 2.00 to 3.00 per 100 pounds, and various canned and dried goods with unit prices across multiple grades and shipments.
Prices show wheat firm with No 2 track at 86 to 88 cents and No 2 hard at 85 to 94 cents. Oats rise for some contracts while others slip. corn remains steady with May at 47 cents and July at 48 1/2 cents.
New York report shows prime mercantile paper at 4 percent in the sterling market with actual business in bankers bills at 4.84.20 for sixty day bills and 4.86.25 for commercial bills. Silver remnant prices steady at 53.45e with railroad bonds mentioned.
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