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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Apr 06, 1912
Page
9
A holiday lull marked the wholesale markets with light activity on a Saturday. Dealers remain satisfied with the week’s trade, as dry goods and hardware move well and farmers show optimism for a prosperous season. Price changes were small and not impacting retailer prices.
Country produce and commodities prices across poultry vegetables fruits and canned goods. Includes hens, turkeys, eggs, butter, cheese, cabbage, peppers, cucumbers, tomatoes, Kraut, oranges, grapefruits, nuts, canned goods, meats, lard, syrups, seeds, sugar and coffee with unit prices and per hundredweight or per crate figures.
Tonight and Sunday unsettled with showers possible and colder air moving in. East Texas also sees unsettled conditions with showers and colder interior temperatures. Observations reflect 8 am readings with barometric pressure and temperature charts using standard meteorological marks.
New York stock markets opened with broad gains led by United States Steel which moved to 72% for its top price since last August. Utah Copper rose about 1% with General Electric American Locomotive and Canadian Pacific also higher. Reading failed to improve while Union Pacific Rock Island preferred and St. Louis Southwestern preferred advanced. The rise followed Senate finance committee reports on tariff revision and market closed buoyant with strong turnover.
The clearing house banks report a reserve of 383 300 dollars above legal requirements for the week. This shows a decrease of 7 646 800 dollars in the proportionate cash reserve compared with last week.
New York reports show close prime mercantile paper at 4 1/4 percent and easy Sterling with bankers bills at 4 60 day bills and 4 6 85 demand. Prices for government and railroad bonds steady to firm, bar silver at 68 1 2. Raw cotton from Chinese ports remains a native sundry, with 1908 1909 1910 import totals of 588266 414666 and 160666 pounds respectively. wadding uses include bedding and clothing, with local sale of 21 cents per 113 pounds catty. The Washington Herald notes a quip about tariff arguments.
At Union Stock Yards on April 6 twenty four cattle and eighteen calves failed to spark activity as receipts reached 800 head. A new dipping vat in San Antonio, praised by authorities, is open and several hundred cattle are booked to arrive next week. Cattle prices reached 4 for best cows and 6 for calves while hogs sold from 6.50 to 7.0. No sheep or goats were offered.
Four carloads containing 150 cattle and calves arrived for the Fort Worth Saturday market. Cows brought $4.30, small lots from $3.25 to $4.75, steers sold at $5.00 to $6.55, calves mostly $4.00 to $7.00. Hog prices weak with top at $8.00, sold $7.75 to $8.00. No sheep were offered.
Chicago reports cattle receipts 200 with a steady market and prices from 4.60 to 8.50 for various classes. Hogs receipts 8000 with a strong to higher market. prices range from 5.25 to 8.05, bulk around 7.35. Sheep receipts 1000 with quiet to steady trade. native and western flocks listed from 4.40 to 8.20 per head.
Receipts totaled 800 cattle with no Texans and steady markets. Native beef steers brought 5.75 to 8.75, cows and heifers 3.25 to 6.25, stockers 3.75 to 6.35, Texas steers 5.00 to 7.00, calves 5.00 to 7.25. Hogs numbered 5500 with a strong market, pigs and lights 5.60 to 8.00, mixed and butchers 7.80 to 9.00, good heavies 7.95 to 8.05. No sheep.
Cattle receipts 200 with steady market. Native steers 6.00 to 8.50, southern steers 5.25 to 7.50, southern cows and heifers 3.50 to 6.00, native cows and heifers 3.59 to 7.10, stockers 4.75 to 6.75, bulk 4.25 to 6.00, yearlings 4.75 to 8.00. western steers 6.75 to 8.0, western cows 3.50 to 6.00. Hogs receipts 2000, price range 5.75 to 7.95. bulk 7.65 to 7.90, heavy 7.85 to 7.95, lights 7.50 to 7.80. Sheep receipts none. market steady. Muttons 4.50 to 6.26, lambs 6.50 to 8.00, fed yearlings 5.00 to 7.10, fed ewes 3.00.
Adverse conditions lifted wheat with buying interest as July rose to 97 1/4 cents. Corn stayed firm with May opening higher and closing up. oats firmed along with other grains. Provisions gained with July pork at 17.45, ribs at 9.82, while Kansas damage reports were blamed for a slight wheat reversal.
Quotes for Geox and cash wheat and corn given. Wheat May 1.00 and 1.01 trading near 1.00. July 1.00 to 1.01. Sept 0.91. Corn May 0.77 to 0.78. July 0.75 to 0.76. Sept 0.48. Cash wheat No 2 export 1.04 to 1.10. No 2 red 1.01 to 1.02. No 2 mixed corn 0.78 to 0.79. No 2 white 0.78 to 0.79.
Quotations of the day list cash wheat prices across varieties with No 2 hard northern and spring futures. Oats prices show No 2 white and standard grades with small percentage variations.
Quotations of day for cash wheat and corn in St Louis show No 2 red at 1.04 to 1.06 and No 2 hard at 1.02 to 1.13. Corn No 3 at 78 79 cents, No 8 white at 79 80 cents. Futures close May wheat 1.02 July 94 94 1/4 cents. May corn 78 77 3/4 cents, May oats 56 57 cents.
The report lists spot and futures bids for cotton seed from a closed firm in New York dated April 6. Prices span April to November with multiple lots sold, including 700 at 6.05 and 1200 at 6.24 for October, totaling 24 200 in sales.
New York reports money on a call with time loans firm offering 60 days at 34 percent, 4 percent, 90 days at 3 percent, 4 percent, and 6 months at 3 percent.
Lead futures show weakness at 4.25 with a lead mention. spelter rises to 6.75 amid mixed metals trading in St Louis reports.
Weather and flood damage dominate cotton trade outlook for the coming week. Mississippi River overflows threaten prices and shifting cargo to interior points. Dry goods demand remains strong with rising prices and mills reducing stocks as English importers show solid demand.
In Fall River April 6 a general wage increase in New England mills boosts demand for fabrics from prints to high count cottons. Mills report strong orders and advance contracts, with buyers finally accepting higher prices. Traders show heavy activity after two years of buyer dominance as millers gain leverage.
R G Dun & Co reports March advance in pig iron output and rising investment. The weekly review notes stronger sentiment and expanding trades in the west and south with improving crops and general soundness of conditions. It cites increased failures early in the year as a contrast to broader growth.
New York reports a brighter tone in wholesale and retail trade despite heavy rains and melting snow causing floods that delay crop prep and roads. Labor disputes ease in textiles with higher wages, while coal miners rise idle, affecting transport and buying. Weekly business failures in Canada rise to 33.
L E Boyd, lengthy onion grower, predicts Bermuda onions will be ready for shipment to market within two weeks from Luling. Also a San Antonio customs notice states Rosa Vizcaya’s drawnwork items seized for smuggling from Mexico, with a 20 day claim period to the Deputy Collector.
A terse notice highlights Theo Artzt's Orchestra and the San-A-Lac event aimed at prolonging life. The fragment emphasizes ensemble participation and charitable purpose, with no further details available.
Markets list prices across dairy and produce: butter firm with creamery quotes around 29 82c, daisies 24 28c. eggs steady with receipts 14 414 cases and firsts 18 19c. cheese steady with several varieties at about 18 19c. potatoes easing with choice to fancy 1.38 to 1.88. poultry steady with turkeys 4c and chickens 15c.
In St. Louis on April 6 quotations show poultry prices at chickens 12 1 2 cents, springs 15 cents, turkeys 17 cents, ducks 15 cents, geese 9 cents. Butter creameries range 27 to 31 cents. eggs weak at 18 1 2 cents.
Kansas City prices show butter and egg quotations with specific grades and yields. New York reports firm eggs with large receipts, while petroleum, molasses, hides, and regional beverage market hints appear with varied steady or open quotes.
On April 6 in New York fruit of the loom 4x4 bleached cottons rose to a basis of 8 1 2 cents per yard, with other well known brands advancing similarly. Brown cottons firm, yarns steady but light demand, and woolens and worsteds climbing in primary and secondary markets.
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