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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Aug 05, 1912
Page
8
Local millers contend corn suitable for meat quality costs more while cream meal climbs two cents per sack from last week. San Antonio cereal markets stay firm with wheat and oats up. vegetable production declines due to heat. tomatoes scarce with Kerrville as a chief supplier.
Market list shows prices paid to shipper for poultry eggs butter cheese and vegetables with regional items. Includes specific figures for Hens, Fryers, Broilers and Turkeys, dairy like Creamery butter and Cheddar cheese, fresh eggs, and numerous fruits and vegetables from Texas California and Colorado with per crate, per dozen, and per hundredweight rates. Also lists meats lard and various canned goods and staples with unit prices.
Butter steady with creamery and Daisies at around 21 to 24 cents. Eggs steady with 12 929 cases received, firsts near 16 to 18 cents. Cheese steady with Daisies and Twins around 14 to 15 percent. Potatoes weaker with Minnesota, Jersey, Illinois, Kansas and Missouri ranges. Poultry steady with turkeys 12 cents chickens 13 cents springs 17 to 19 cents. Veal steady at 13 cents.
Kansas City market quotations list butter prices with Creamery 24 cents, firsts 22, seconds and packing stock 20. Eggs show extras 20, firsts 19, seconds 14.
New York August 5 eggs firmer with receipts of 8586 cases. Fresh gathered extras sell at 23 to 24 cents and checks good to fine move at 11 to 13 cents.
ST. LOUIS reports Chickens rise to 16 to 18 cents, turkeys 16 to 30 cents, ducks 12 cents, geese 6 cents. Butter slow, creamery 22 to 25 cents, eggs firm at 16 cents.
The market shows firm movements in No 7 Rio coffee with futures in October at 12.84, December 12.99, and May 13.08 per bag.
In St. Louis on August 6 metal markets showed lead weaker at 4.57 to 4.60 and spelter dull around 6.95, reflecting quiet activity in the metal trade.
New York on August 5 reports sugar steady with Muscovado 89 test at 3.55 cents and centrifugal 96 test at 4.05. molasses sugar 89 test at .30 cent. Refined quiet. Petroleum steady. Pone dull. Hides and leather firm.
Observations at 8 a m show air pressure relative to sea level and lines for equal pressure and temperature. Forecast through 7 p m Tuesday predicts fair conditions for San Antonio and vicinity and generally fair weather for East Texas tonight and Tuesday.
New York Aug 5 strength of railway shares especially Hill issues and Canadian Pacific led the opening of today s stock market. Prices generally higher with gains in many specialties as bonds firm. Canadian Pacific rose to a new high record while St Paul weakened and Reading dipped late.
New York money market reports call money steady at 2 1/2 percent with bids and offers around 2 1/2 percent. Time loans show rates at 3 to 5 percent for 60 to 180 days, reflecting firm financial conditions in the New York money market.
San Antonio August 6 temperature and rainfall figures for the Houston district cover the 24 hours ending 8 am 75th meridian time. The report notes the lowest temperature occurred in the last 12 hours and is not used in computing the averages.
A 1911 12 number hog sale in Worth Texas saw W R Southworth of Canton Oklahoma bring a top hog quotation to 8.60 as 1400 hogs and 4800 cattle receipts were reported. Cattle and calf receipts were heavier than usual with steers topping 7.75 and calves up to 7.26 with 2000 calves sold. The market was steady to weak for cattle and hogs 5 to 10 cents higher on some hogs.
Union Stock Yards reports a light run today with 33 cattle, 5 calves, 6 hogs and 49 goats. Prices opened strong for cattle and calves at 3.50 to 4, with calves around 4.50, hogs selling on arrival at 8, while goats remained unsold at noon.
Chicago market today shows cattle receipts about 23 000 with prices mostly weaker by up to ten cents. Hogs receipts around 80 000 with markets slow to five cents higher. Sheep receipts near 30 000 with prices steady to ten cents lower across native, western and lamb categories.
Cattle receipts 5000 including 400 south erns. market steady. Native beef steers 6.50 to 9.25. cows and heifers 4.50 to 7.25. stockers 4.60 to 6.50. Texas and Oklahoma steers 4.26 to 8.25. calves 5.00 to 9.25. Hogs receipts 6500. market steady. Pigs and lights 6.00 to 8.50. mixed and butcher 8.35 to 3.50. good heavy 8.35 to 8.45. Sheep receipts 45,000. market steady. Native muttons 5.50 to 4.76. lambs 0.50 to 7.26.
Receipts total 28 000 across cattle hogs and sheep with steady to lower trends. Cattle include 3000 southern cattle and native steers around 6.25 to 8.25 for bids while southern steers reach 4.75 to 7.00 and southern cows and heifers around 3.50. Hogs see bulk bids near 8.15 to 8.30 and total receipts about 6000 with packers and butchers at 8.10 to 8.35. Sheep and lambs list 5000 head with mut tons 3.50 to 4.50 and lambs 6.00 to 7.50.
New York financials show prime mercantile paper at 5 percent and steady sterling. Bankers bills 60 day at 4.84 50, demand 4.87 10, commercial bills 4.83 3.4, bar silver 59 3 4, Mexican dollars 48 cents. government and railroad bonds steady. Quotage jests mixed with Washington Star quote about refined ideals.
The remarks note generally fair weather with temperatures above normal. Rainfall exceeding an inch is reported in Brownwood Montesuma Kingstree and many locations in the Savannah district. Allen Buell Local Forecaster Weather Bureau.
Chicago markets show harvest delays and light receipts dampening wheat while corn weakens on meager demand. September wheat trades around 92 to 93 cents, corn drifts near 66 to 67 cents, oats fall to about 31 cents, and pork and ribs futures edge higher though overall mood is unsettled after a drenching rain.
Chicago market notes list grain and feed prices with fractions and percentages for corn oats and related products. Prices include No 2 red at 1.0348, No 2 hard 93 percent 95 cents, No 1 northern 11063 4.10, No 2 northern 1.021 1.07, spring 98 1.05, velvet chaff 1.05, durum 7344 74 cents, No 2 white 74 1b c, No 2 yellow 74 14. Oats No 2 white old 51 52 cents, new 33 45 8 bc, standard old 46 cents.
Quotations show cash wheat and corn prices with No 2 red wheat at 1.00 to 1.02 and No 2 corn at 71 1 2 to 12 cents. Oats list No 2 at 29 1 2 to 30 1 2 cents, with White oats at 33 1 3 to 33 3 4 cents. Dec and Sept futures are given for wheat corn and oats.
No. 2 hard wheat quoted at 86 percent with a 20 cent gain. No. 2 red wheat at 95 to 96 cents. No. 2 mixed corn at 75 cents, No. 2 white corn at 78 cents.
Private reports cite good rains in Oklahoma but little in the Southwest. New York opens down 1 to up 4, New Orleans up 9 to 10, spot steady, middling uplands 12.90. Early trade shows fluctuations as rains and demand influence prices before midday.
New Orleans cotton futures opened steady with a modest advance as Texas weather was poor and rain was limited in the western belt. Short covering appeared moderate, demand was not strong, but buying remained enough to lift prices early. By noon higher values ranged 11 to 13 points, then afternoon trading softened with scalpers profit taking.
Cotton futures closed steady with a net advance of 10 to 14 points. The board showed August through May contracts with bids ranging around 12.60 to 12.79 and daily high lows near 12.56 to 13.75, amid mixed open and close values across months.
Leading markets report steady cotton with gains of 1 16 to 2 16 cents. Middling ranges quoted from 12 1 16 to 14 0 16 cents with sales on the spot at 73 and arrivals 24. Receipts total 122 and stock stands at 26 316.
Spot cotton in Galveston opened quiet and unchanged with the following prices: low ordinary 8 11-16, ordinary 9 11-16, good ordinary 10 9-16, low middling 12 8-16, middling 13 1/4, good middling 13 1/4, middling fair 13 1/4. Five bales sold, no sales f o b. Receipts 478 bales, stocks 21,382.
The New York cotton market ends a quiet session with middling uplands at 12.90 and middling gulf at 13.15. Sales reach 1300 bales as buyers and sellers note subdued activity.
Memphis cotton market update notes spot cotton steady at middling 13.84 or 13 4d per pound with no changes observed on August 5. Trading activity described as quiet with stable values across the board.
Observations recorded at 8 a.m. report wind direction and velocity, temperature, rainfall, and overall weather state. Data columns include wind direction, wind speed, air temperature, amount of rain, and general climate condition for the morning of Monday August 6 1912.
Aunt Matilda returned to her church community and quipped at a conference that she was glad to be back with those of her own disorder in a Judge's Library scene.
Cottonseed markets show quiet activity with quoted ranges across August to February contracts. Prices span spot to futures, with Sept 6.56 and other months trading in the 6.28 to 6.90 area and total sales reported at 2700 units.
New York August 5. Prices firming across the cotton goods market with staples at 5 1/2 cents for standards and distributors lifting to that level on August 12. Duck and wide constructions reach new highs. tickings denims and domestics in demand for late year delivery.
The Water Company ledger shows assets totaling 3 806 575 43 on January 1 1912 while sworn 1911 assessments totaled 2 136 750.00. Question is who misstates facts the secretary Ellsworth or the city's Assessment Committee. The press bureau is accused of misleading the public with inflated figures.
The American Iron and Steel association states 14 072 274 tons of pig iron were produced in the first half of 1912. Steel firms reduced iron usage earlier but increased purchases in the last two to three months to support future price rises. Eastern market remains dull.
Copper quie t with standard spot and futures at several levels. Lead weak while spelter and antimony hold steady and iron grades show flat pricing. No. 1 northern and No. 1 southern iron prices listed with range.
The Commercial Appeal weekly cotton review reports progress in all belt sections except Texas and Georgia. Texas saw deterioration from heat and drought with early boll shedding, later dampened by cooler temps and light rain. Georgia shows mixed results with half the crop advancing and half deteriorating from heat, while the east largely no rain helped, and overall layby in clean, well tilled fields with local rains aiding growth. Weevils minimal, caterpillar scarce, armyworm nearly gone.
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