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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Aug 14, 1911
Page
9
Cotton prices rise as favorable cables and Southwest demand strengthen the market. In Union Stock Yards region on August 14, cattle and calves supply meet steady demand with cows up to 3.25 dollars and calves reaching 3.75. Bulls bring 1.50 to 2.75, steers seen holding firm amid north Texas shipments.
Railroad receipts at the Union stock yards today show one car of cattle and calves from Hondo to San Antonio, none from cats cattle, and one car of horses via Union stock yards to Algiers Louisiana, with Hebbronville shipments to San Antonio.
The Aug 14 cattle sale at Union Stock Yards lists commodities and prices. Wheat cash prices around ic lower with No 2 red 89 to 97e. Corn mixed around 61? to 61c for No 2. Oats steady at 41 to 41 1/2c. Futures show September wheat near 86 7/8 to 87c and corn near 61 1/4 to 3/8c.
St Louis quotations show cash wheat prices easing with No 2 track red at 89 cents and No 2 hard at 88 1 2 to 89, oats climbing with No 2 track 40 cents and No 2 white 41 1 2, while wheat futures ease for September and December. Fort Worth cattle sales report today lists local figures from the Texas market with the day’s results pending full details.
San Angelo reports its first bale of cotton for the 1911 season, shown Wednesday afternoon. Ed McCauley brought in the bale, ginned by the San Angelo Gin Company, weighing 738 pounds before and 560 after ginning. His Colorado River farm near Runnels County borders the line, and he expects about a quarter bale per acre this season.
St Louis and Kansas City reports cite close prices for wheat and oats with September contracts at 87 1 2 to 88 5 8 cents and December at 93 cents. May futures hover near 97 3 4 to 97 8 8 cents, reflecting brief commodity activity amid summer trading.
The Chicago board trading was muted as Liverpool lockout and strike trimmed market activity. September corn opened about a half to three quarters cent lower, then slipped further to around 64 1/4 cents. Oats and provisions followed broader declines with pork, lard and robs down from last session.
Chicago reports for August 14 show daily receipts and shipments summarized by commodity and destination across local markets. Details include tonnage, value, and carrier movements, reflecting mid month trading activity in the wholesale network.
Receipts today show 143 wheat cars including 76 contract grade, 88 corn cars with 32 contract grade, and 199 oats cars. Total wheat arrivals at Chicago Minneapolis and Duluth reach 474, vs 471 last week and 1040 on the year ago date.
Chicago markets update shows varied quotations with terms prone open high low and close listed for the trading day. The brief reflects a general price range snapshot without detailed commodity names or figures.
Quotes show cash wheat and corn and oats prices. No. 2 red wheat 88% 90c, No. 2 hard 93%2c, No. 1 northern spring old 1.11 1.15, No. 2 northern spring old 1.06 1.10, No. 2 northern spring new 1.00 1.03, No. 2 spring 95 1.01, chaff 96 1, durum 92 98c. Corn No. 2 64% No. 2 white 65 66c, No. 2 yellow 64 4c. Oats No. 2 39% No. 2 white 40% 41c, standard 40% 41c.
New York money on call remains steady with a high of 2 3 eighths cents and a low of 2 1 quarters cents. Ruling rate 2 3 eighths. Time loans show slight ease with sixty days at 2 2 4 and 3 cents, ninety days at 3 and 3 1 4, six months at 3 3 4 and 4 cents.
Fort Worth market reports cattle receipts 2500 head with steers and stockers steady to down. cows and calves steady. hogs top near 7.90 with bulk around 7.40. sheep steady. Chicago livestock quotes show cattle receipts about 20,000 with marke t strong. hogs 34,000 with prices mostly lower. sheep strong with native and western lambs around the mid fours.
Cattle receipts 2800 with 1500 Texans. prices native beef steers 4.50 to 7.50, cows and heifers 3.00 to 7.26, stockers 3.00 to 4.75, calves 5.00 to 7.25. Hogs receipts 6000. prices pigs and lights 5.75 to 7.75, packers 7.6 to 7.8, heavy butchers 7.8. Sheep receipts 3000. native muttons 3.25 to 4.75, lambs 4.00 to 7.35.
Kansas City reports cattle receipts 13 900 with natives and southerns mixed. hogs 3 500, market steady to lower. sheep 1 000 with muttons, lambs, wethers and ewes all steady. Cattle prices range from 2.50 to 7.50 for various classes and hogs from 7.25 to 7.80 per cwt.
A Reno dispatch says Jim Antone, an embezzler who escaped from a road gang near Carson, was captured in the mountains by a posse led by W A Wilson serving twenty years for murder A R Nelson eight years for horse stealing and James Lyle ten years for manslaughter. The group reportedly abused Antone for breaking his word to the warden.
New York Aug 14 Prices rebounded sharply at the opening on London’s initiative with gains of 1 to 2 points, led by standard rail shares. Selling wiped out much of the early rise while Union Pacific faced persistent pressure. Midday showed steadier prices, but optimism remained subdued and overall activity was moderate. In the afternoon, gains returned, Union Pacific rising as much as four points from Saturday's close. Reading and U S Steel aided firmness, bonds remained steady.
The cotton market opened up 11 points in New York with gains in New Orleans and Liverpool. Prices pressed higher on expectations of continued crop deterioration in the southwest and later firmed after a private report showed a 9 percent drop in national crop condition.
Cotton futures opened steady with varied prices across months including January at about 11.19 and December near 11.23. The session closed steady with advancing and retreating figures for several contracts, reflecting narrow trading ranges and little overnight change.
Cotton futures in New Orleans opened steady with an 8 to 5 point gain on Western belt weather worries. Bears sold on Liverpool strike reports and dockers being locked out, producing a late day pullback to 1 to 4 points under prior close, ending 1 to 2 points higher.
Deterioration of cotton appears in Texas and parts of Mississippi and Alabama due to heat and a rainless period. Shedding and worms worsen conditions. Alabama and Mississippi face rank stalk growth from excess moisture. Tennessee and nearby Atlantic states report no trouble and good progress. Rain needed in Texas. elsewhere dry warm weather desired.
Market chatter notes bears hold sway despite bullish interviews as weather remains hot and dry in Texas Oklahoma and the west. Liverpool reports weak local cotton demand while ships and dockers stir talk of strikes and rains are forecast to aid later.
New Orleans August 14 cotton futures opened steady with August none and September at 11.24 26, October 11.11 12, December 11.12 13, January 11.14 15, March 11.28, May 11.37 389, with May showing an asking price.
The report lists receipts at multiple ports including Galveston Texas 4424 New Orleans Louisiana 253 Savannah Georgia 86 and total receipts 4768. Figures compare with last year. The data covers Mevlis Als and other ports with varying totals.
Liverpool August cotton prices rise seven points with American middling fair at 7.35 and good middling 7.01. Daily sales reach 2000 bales, including 1000 American, 300 for speculation and export. Receipts total 3000 bales, 1200 American. Futures openings and closings show steady, with varied August to May-June spread.
Fragmentary OCR shows scattered place names Memphis Tennessee Augusta Georgia and dates but lacks a coherent event or action to report. The readable bits suggest a local brief with several locations and possibly names, but no clear outcome or instruction.
Memphis reports show prime basis oil at 4.36 4.37 with meal priced at 26.50 and linters at 2 percent 4c as part of a brief commodity notice.
New York reports cottonseed oil prices with open and close figures for August futures. Prices show bids around 5.40 to 5.60 for August, 5.39 to 5.42 for September, and 5.28 to 5.33 for December contracts.
San Antonio endured one of the year’s hottest days with a 100 degree reading at 3 PM on Sunday. Humidity and dust plus scorching public heat left residents, aldermen, and voters fatigued while East Texas hit 106 and Galveston cooled at 86.
New York Aug 14 close mercantile paper at 4 1 4 to 4 1 2 cents Sterling exchange steady with bankers bills selling around 4.83 75 for sixty days and 4.85 75 for demand Commercial bills at 4.83 1 4 for silver 52 cents Mexican dollars 45 cents bonds steady reflecting stable government and railroad securities.
Lead prices ease to about 4.45 while spelter held firm as of August 14 in St Louis reflecting a mixed metals session. Market chatter notes cautious trading and tight supply in the domestic alloy sectors.
Fragmentary OCR style note shows scattered city references including New York Houston Galveston and Liverpool with figures like 11% and 6.712,000. Contents lack coherent events or names to confirm a full news item or outcome.
New Orleans August 14 spot cot ton quiet with 1 8 off. Sales on the spot. Arrivals none. Prices range from low ordinary 8 to middling fair 12 7 8 cents. Receipts 253 with stock at 29 476.
Spot cotton in Memphis notes a nominal middling price of 13 cents. The brief item records the day’s price level without additional context or transactions.
Associated Press reports New York on August 14 that cotton spot closed quiet with middling uplands at 12.49 cents and middling gulf at 12.65, with no sales recorded.
The report notes steady overall conditions in August with unchanged midseason readings. Observations point to middling temperatures and a consistent pattern across days without sharp shifts or extremes.
Produce circles report the first shipment of Gravenstein apples, a large red variety, arriving next Friday. Prices are set at 2.75 a box. most market arrivals come from New Mexico with good quality noted.
Butter prices hold at 26c per pound creamery and 14 to 18c country butter. Eggs firm with fresh country candled at 17 to 18c. Cheese quotes include American Swiss 24c, imported Swiss 31c, Limburger 20c, Badger State 17.75c, and cream 17%2c. Poultry steady with large hens $6 per dozen, medium hens $4.75 to $5, large springs $3.50 to $4, medium springs $2.50 to $2.75, small springs $2 to $2.25, turkeys 15 to 16c per pound, ducks $6 to $6.50 per dozen, squabs $1 to $1.25.
Quotations for butter creamery products and many dairy items are steady with receipts of 5670 cases. Eggs remain at mark, cheese shows mixed but steady levels, and potatoes and poultry trade firm with live turkeys at 12 cents and chickens around 11 to 14 cents. Veal prices vary by weight class, reflecting stable demand in mid August.
New York market notes reveal steady eyes receipts totaling 15 039 with fresh gathered extras at 22 and 24 cents. Fresh gathered checks bring 13 and 14 cents, while thered out to fair case values 2.40 to 3.60. Refrigerator firsts and storage charges paid 21 cents.
Poultry markets show steady quotes with poultry at 9 1 2 to 16 cents for various fowl, butter ranges 21 to 26 cents, eggs at 1 cent, in St. Louis on August 14 according to the Associated Press.
Prices recorded in Kansas City on August 14 show butter at 25 cents per pound for creamery, 23 cents for firsts, 21 cents for seconds and packing stock 17 cents. Eggs listed as extras 18 1/2 cents, firsts 26 cents, seconds 10 1/2 cents.
The New York market notes exporters cleaning up Japan rice supply causing higher prices for the small remaining spot stock. Southern advices show firm sales around 3 cents per mill for export. Old crop Honduras looks cheaper than new rice. distributors hold fair stocks amid trade inactivity. Wholesalers buy only as needed, expecting prices to ease. Holders in the South resist unnecessary receipts, slow readjustment likely. Overall sentiment remains pessimistic despite short term buying.
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