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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Apr 10, 1912
Page
9
The market reports the US cheese supply exhausted for the first time in years due to heavy demand. Milk production is curtailed by a cold winter and grass growth will restore output only later. Eggs rise to 19c, cabbage scarce, butter strong, onions scarce, and potatoes at high levels with early seed movement mostly finished.
Prices listed for butter creamery 28c per pound. poultry Springs four dollars to five dollars, hens five to seven dollars, turkeys per pound 12 to 18c. Fresh country eggs 15 1ic. Idaho potatoes 2.75 per hundredweight. California onions in sacks 4.50 per hundredweight. California oranges 2.50 to 2.75. Lemons 360s 4208 two items 5.00 to 5.25. Fancy cream cheese 25c per pound.
Quotations from Chicago report butter steady at 27 32c, eggs steady with 27 749 cases receipts and split quality margins, cheese weak, various dairy product prices listed. Potatoes steady with price ranges, poultry live weak with turkeys 14c and chicks 11c, springs 15 4c, veal 50 to 60 lb 7 11e.
St Louis on April 10 reports poultry prices weak for chickens 12 and a half, springs 15, turkeys 15, ducks and geese at 5. Butter higher with creamery at 28 and 3 tenths cents. Eggs firm at 19 cents.
Kansas City market update shows butter creamery production with firsts at 29 cents and seconds at 27 cents. Packing stock quotes list 22 cents and Eyes-Extras at 19 cents for firsts.
New York April 0 eggs easy receipts 34 154 fresh gatherer extras 2243 cents.
Raw sugar holds steady with Muscovado 89 test at 3.74 dollars and centrifugals 96 test at 4.25 dollars. Molasses 89 test quotes at 3.49 dollars while refined remains quiet. Petroleum molasses and hides hold steady and leather remains firm.
The Associated Press reports New Orleans on April 10 that clean Honduras rice was strong while other grades held. Prices quoted include clean Honduras 4% 5%c, Janan 3% 4%c with receipts at 6808. Pr Horger Lumber Co seeks few good loans.
Advertisement listing prairie hay alfalfa millet sorghum hay Johnson grass and baled shucks with price quotes. Mentions mixed cars specialty and a New phone 1644 Old 8200 at $09 South Salado St L & G N Tracks.
Weather notes for East Texas indicate unsettled conditions tonight and Thursday with showers possible and rising temperatures. Observations at 8 a.m. report air pressure near sea level and wind indicators, with precipitation measurements showing 0.01 inch or more in the past 24 hours clinically noted.
New York April 10. Sharp declines hit the market in early trading with Canadian Pacific Union Pacific Utah Copper Amalgamated Copper and American Smelting sliding 1 to 1% points. Most stocks stayed lower with heavy selling and a nervous undertone though some recovery began in the second hour amid reduced volume and lingering bearish sentiment.
Prime mercantile paper at 4 percent. Sterling exchange steady with bankers bills at 4.8410 for 60 days and 4.87 for demand. Commercial bills 4.8344. Mexican dollars at 47 cents. Government bonds steady and railroad bonds easy.
Money on call firm 34 4 per cent ruling rate closing bid 3 per cent offered at 4 per cent. Time loans easy 60 and 90 days 3 percent 3 percent per cent 6 months 3 percent 4 per cent.
Coffee market in New York shows No. 7 Rio futures ending firm with May at 13.90 and July at 13.98 as of April 10.
The crop reporting board of the Bureau of Statistics, U S Department of Agriculture, reports April 1 conditions for winter wheat at 80.6 percent of normal, vs 83.8 in 1911 and 80.8 in 1910. Rye stands at 87.9 percent, vs 89.3 in 1911 and 92.3 in 1910, with 10 year averages cited.
Hog prices fell on a weaker midweek run in Fort Worth with Wednesday's top at 8.15 and bulk 7.65 to 7.95 while receipts reached 1200 head. Cattle trends were steadier with beef steers up to 6.65 and feeders firm. cows and heifers sold well with top 4.75 and calves at 7.10. Receipts totaled 1850 cattle and 600 calves.
Chicago AP reports today cattle receipts 13 000 market steady shade up beef prices 5.40 8.70 Texas steers 4.50 5.90 western steers 5.40 6.85 feeders 4.25 6.60 cows 2.60 6.70 calves 5.00 8.00 hogs receipts 28 000 market dull down 5 7 92% pigs 5.00 7.25 bulk sales 7.70 sheep receipts 23 000 market steady to 10c lower native 4.50 6.40 western 4.50 7.00 yearlings 5.75 7.10 lambs native 5.65 7.80 western 6.25 8.25
Receipts and prices for cattle hogs and sheep. Cattle receipts 65000 with native steers 6.50 to 8.50 dollars and southern steers 6.00 to 7.50. Southern cows and heifers 4.00 to 6.00. Hog receipts 11000 with heavy range 7.60 to 8.00. Sheep receipts 6000 with muttons 4.50 to 6.75 and lambs 6.60 to 8.20.
Cattle receipts 2300 including 100 Texan cattle. native beef steers 5.25 to 8.75. Texas and Indian steers 5.00 to 7.00. calves 5.00 to 7.25. Hogs receipts 6500 steady. mixed and butcher hogs 7.65 to 7.90. good heavy 1.80. Sheep receipts 2500 steady. native muttons 5.00 to 6.10. lambs 6.25 to 6.50.
Houston cotton spot closed steady with middling at 11 1/2 cents. Sales reached 772 bales. The market compared to yesterday showed a slight advance, indicating firm demand amid steady pricing.
Spot cotton in Galveston Texas on April 10 sold steady with a half cent rise from yesterday. Middling class priced at 11 1/2 cents and total daily sales reached 1201 bales.
Wheat prices rose on a government crop condition report with July opening around 98 cents and closing near 100 percent. Corn advanced on stronger offerings while oats softened and provisions fell as flood damage fears bolstered grain markets in Chicago trading.
By the Associated Press Chicago April 19 cash wheat prices listed for several futures grades. No 2 red 108 105c No 2 hard 108% 107c No 2 northern 112 115c No 2 northern 68 118c No 2 spring 104 110c velvet chaff 31 noe durum 91 108e No corn Oats No 2 white 57 b8e standard 57 57%e.
The Associated Press notes cash grain prices in Kansas City on April 10 with details for No. 2 hard wheat at 104 to 110 cents, No. 2 red at 102 to 108, and various corn grades around 81 to 82 cents. Futures show May wheat near 103 to 103 1/2 cents, July around 95–96 cents, and September around 93 1/2. May corn at about 81–82 cents, July near 76, September near 72 cents.
New York cotton opened firm with 7 to 9 point advances on active covering and fresh buying amid showers in the south and levee fears near Memphis. Prices rose to 21 to 24 points before easing slightly as realities of demand and levee talk affected trading.
Cotton futures in New Orleans opened steady with slight losses then recovered as forecasts of more rain spread across the belt. Early trading saw selling for realization, but expectations of ongoing oversupply and bullish foreign markets kept demand steady and prices higher by noon.
The New Orleans market opened with steady tones for April and May contracts around 11.50 while front months edged higher by the close, with a net advance of about 17 to 27 points. The report lists open high low and close figures for May July August September October December and January contracts with scattered gains and slight fluctuations.
Liverpool April 10 closing cotton prices ease four points with American middling at 6.97 and low middling 6.05. Sales reach 4000 bales with 3600 for American spec export. receipts total 61,000 with 65,800 American.
Futures in Liverpool opened steady on April 10 and ended strong with mixed monthly spreads. Key notes include April at 6.2249, May 6.21, June-July 6.21, and other successive contract months ranging around 6.1 to 6.2 with various calendar pairings.
Spot cotton firm at New Orleans with 630 bales to arrive 470 expected. Quotations show various grades from low ordinary to good middling and above with fractions. Receipts 3836 and total stock 128266.
A brief note highlights that besides other figures, the number One Seven Six attracts the most notice, drawing interest from readers and observers.
April 10 at Union Stock Yards. Mexican steers aged 3 and 4 faced sale after an inspection of 57 calves 34 horses and 7 hogs. Cows topped at 5 per hundredweight given quality, ranges 3.50 to 4.50. Calves to 5.50 with general around 5. Hogs lacked supply, weighing from 7 to 7.50 per unit.
Cottonseed market report from Memphis lists prime basis oil at 5.33 and 5.34 dollars per unit, linters at 24 percent for 3Xc, and a price around 27.00 to 27.25 dollars for the related products.
NEW YORK reports cotton seed oil finishing firm as spot prices and May to November futures rise. Prices listed span April at 6.14 15 to November at 6.14 18 with several intermediate trades, total sales reaching 32 600 units.
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