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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Aug 16, 1911
Page
11
Reports of adverse crop conditions in Canada push down Canadian Pacific and other rail shares. Market receipts list cattle 177, calves 15, hogs 31, horses 85.
Cattle market shows little demand for poor quality while good stock remains desired. Dry weather drives sellers as commission men hope J. Plavius will shed tears to curb shipments. Prices hold steady with slow sales and no price changes.
Receipts show four cattle cars from Del Rio to Fort Worth and other consignments to San Antonio, Palestine and Luling. Wool totals at Roy N M reach 10 100 dollars in a single day with an annual clip estimated at 175 000 dollars, while stockmen J G Draper J M McKean and E O Lachausen are listed among Southern attendees.
Cattle sales today at Fort Worth included Pete Ke Krous of Bexar County with 163 weight cattle at 6.65 and F. Stroud of Devine with four hogs at 6.60. Sales summarized by the Associated Press.
The report lists cottonseed products with prices for prime bulk, meal, and linters, and notes cottonseed oil quotations. It also covers Taylor Texas receipts of 86 bales on Monday, total 976 bales to date, marking a record August intake amid heat and drought, with picker shortages affecting harvest pace.
The Associated Press notes a quiet lead market at St. Louis on August 16 with lead at 4.4214 and spelter at 6.05, indicating no major price shifts for those base metals.
London reports bullion rising to $4,000 per pound, with shipments totaling 61,000 pounds to South Africa and 1,000 pounds to Gibraltar as the market shows strong demand and currency pressure.
Wool steady in St. Louis with activity across combing and clothing grades. Medium lots quoted at $3.50 to $3.524, heavy fine ranges around 14 to 15 cents per pound tub-washed 25 to 30 cents.
New York reports a generally quiet cotton market with softening tendencies. Demand varies by area as some quotes rise while others lag, with men’s wear and certain grades listed as steadier in select districts.
The Associated Press reports rice markets show steadiness as demand softens amid a dull economic backdrop. Analysts cite supply levels and global trade factors influencing prices.
Fragmentary OCR text presents a dated rate and bid discussion with numbers like 2 3-8 and 8. Lime spans and sage phrases interrupt, referencing days and a six month period. May reflect treasury or loan instrument terms but lacks coherent structure or names for full summary.
Wheat futures edged higher in early trading as short-seller demand supported gains. September opened around 89 cents to 91 cents, with quotes near 89 1/2 to 89 3/4 cents. oats and corn markets showed mixed movement amid dry hot belt conditions and steady cash demand.
Chicago August 16 receipts and shipments reported in daily market bulletin. Details list quantities by commodity and transportation mode for the day, reflecting stock movements and distribution patterns in the city trade.
Wheat receipts today at Chicago, Minneapolis and Duluth totaled 77 cars, up from 487 cars last week and 824 cars on the same day last year. Corn and oats shipments were 234 and 284 cars respectively, with contract grade noted in the report.
Market listing shows Chicago grain trading with values for wheat at several futures or cash levels, including northern and durum categories, spring varieties, and velvet, plus corn and oats quotes. Prices range around 87 to 98 for wheat, 64 to 65 for corn, and 40 to 41 for oats, with various quality grades cited.
Quotations today show mixed grain and feed prices with No 2 hard 88 and No 2 red oats noted. The listing includes figures for white and mixed oats and references to various crop grades and suppliers, reflecting a typical mid August trading scene.
Fort Worth Texas market report shows hog receipts 1800 head with prices steady to 5 cents higher. Top hog price 7.85, bulk 7.60 to 7.80. Cattle receipts 3600 head with steers steady, beef steers 4.50 to 5.25, cows 3.00 to 3.50, calves 4.50 to 5.35. Lambs lead a strong sheep run at 676.
Receipts estimated at 14,000 cattle with market steady to ten cents higher. Hogs receipts around 30,000 with steady market. varied classes quoted from 6.85 to 7.90. Sheep receipts near 88,000 with prices 10 to 15 cents lower. native and western lambs and yearlings range from 2.40 to 7.10.
Kansas City reports receipts of 8000 cattle 6000 hogs and 5000 sheep. Cattle prices range native steers 5.00 to 7.85 southern steers 3.85 to 5.50 cows and heifers 2.50 to 4.50. Hogs see 6 to 10 cent gains with bulk 7.30 to 7.50. Sheep market steady to 10 cents lower with muttons 3.25 to 4.00 and lambs 6.00 to 7.00.
Receipts and quotations for cattle hogs and sheep at St Louis market show Native beef steers 4.50 to 6.00 with calves in carload lots and feeders 3.00 to 4.75. Hog prices range 7.50 to 7.75 for butcher grades, sheep with natives muttons 3.25 to 3.75 and lambs around 7.15 amid a weak market.
The report notes sterling exchange at 483 and 486.05 for demand bills, commercial bills at 483.25, bar silver at 52.125, Mexican dollars 46, government bonds steady, and railroad bonds heavy as trading closes.
ST. LOUIS August 16 Quotations list cash wheat lower No 2 track 87 88 cents No 2 hard 20 4 cents corn weaker Track No 2 bige No 2 fete tee rack No 2 No 2 white 31 cents hay 9 ulleg sees bank Sent 86 at 18 Dec 91 Sats weet gk id a8 Des Hhi £
The New York stock market started with a heavy tone as prices broadly declined. Canadian Pacific led losses with a six point fall amid crop condition rumors in Canada, and Union Pacific, Reading, Amalgamated Copper, and U S Steel also slid significantly. By 2 o'clock the trend steadied only slightly with continued selling pressure and a heavy close expected.
New York opens with a one point decline to a one point gain range as sellers press on amid private Texas shower reports. Houston and Liverpool show early weakness, while bulls argue Southwestern crop prospects lessen the drop. prices later rebound near yesterday's close.
Cotton futures and statistics track daily bids from January to December with city spot references. Market data lists bids for January March May and August with daily figures, plus regional totals for Galveston New Orleans and Houston.
The Associated Press reports domestic wools of the new clip are moving upward as dealers take up the new stock in New York. Texas and territory wools have risen recently while the pulled wool market shows renewed activity with about 160000 pounds traded, and buyers seek last month’s product.
New Orleans cotton futures opened steady but quickly fell 2 to 4 points on private rain reports from Texas and England strike warnings. By midmorning prices were 9 to 13 points under yesterday, with heavy selling and profit taking. afternoon trade improved slightly, closing about 1 point higher to 4 points lower than the prior close.
The New Orleans cotton market opened steady at the decline. Prices listed include August none, September 11.34 36, October 11.20, December 11.19 20, January 11.26 26, March 11.84 35, May 11.48 45. The report notes a general downward tone across the board.
Closing spot cotton in Liverpool modestly higher with American middling fair at 7.38 and good middling at 7.04. Day’s sales total 1000 bales with 900 US receipts and 400 American. futures opened and closed steady across the board with various forward months ranging from 5.99 to 6.98.
The cotton market opened lower amid reports of rain in Texas and a cooler, unsettled weather outlook across Texas and Oklahoma. Cables from Liverpool and Manchester note strikes and cooler prospects, with buyers cautious as new crop movements rise and production forecasts indicate rapid maturation in a wide area.
New York quiet New Orleans steady Liverpool steady Houston steady Galveston steady and middling market tone. Sales listed in partial notes with understated activity and ambiguous figures.
Memphis August 16 spot cotton remained quiet with prices unchanged at 12 1/2 cents per pound. Traders watched futures and demand held steady as nearby buyers calibrated targets.
Houston market report notes spot cotton holding steady on August 16 with middling grade priced at 123 and 16 cents per pound. No additional details on buyers or futures given in readable text.
New York report shows spot cotton steady with uplands at 12.60 and middling gulf at 12.85, but no sales recorded. Market activity appears quiet as traders wait on next developments.
New Orleans reports spot cotton quiet with buyers seeking prices. Quotations show delivery to arrive and local merchants noting ordinary, good ordinary, strict good ordinary, and low middling ranges with figures around 9 to 11 1/2 cents per pound.
A bankruptcy petition was filed today by J. B. Cloyes of Snyder Texas. Reported liabilities total 50 000 dollars with assets of 90 000 dollars.
The drought across the Midwest and plains pushed San Antonio truck and produce growers to the highest profits in a decade. Irish potatoes sold quickly at high prices as growers planted large tracts, producing 250 to 400 bushels per acre and earning 250 to 400 dollars per acre. Sweet potatoes followed, with prices around two cents per pound f. o. b. the city.
Prices show creamery butter around 25c per pound with country butter 14 to 15c. Eggs firm and higher with fresh country candled 17 to 18c. Cheeses steady including fancy cream 17 18c brick 20c American Swiss 24c imported Swiss 21c Limburger 20c. Poultry steady with large hens per dozen 6.00, medium hens 5.00, large springs 4.00 per dozen, squabs 1.00 each, pigeons 16c per pound.
Quotations show butter steady and creamery prices between 20 and 22 cents. Eggs mostly steady with various grades around 14 to 18 cents. Potatoes firm with ranges from 1.00 to 1.80 per unit. Poultry and veal prices mixed with turkeys at 14 cents, chickens 12 cents, veal 50 to 60 pounds at 6 cents.
Today butter from the creamery BBC and SFE priced at 230 seconds packing stock with eggs listed as Extras 194 cents. Firsts 1 cent, seconds 104 cents.
New York reports eggs steady with no change as of August 16, receipts total 16,062.
Quoted poultry prices show steadiness with slight gains in some items. Chickens and turkeys hold near previous levels as ducks and eggs show minimal changes. Creamery products remain steady with no notable shifts in value.
The market was reported with fair demand and day to day parity. Quoted Honduras prices ranged around 34.95 for clean grades with rough values noted and millers activity reported alongside.
New York reports mixed movements with Cott closing firm yesterday after a rally. August and September futures dip one point each while other contracts fall 8 to 13 points. Spot coffee steadies with Rio No 7 and Santos No 4 cited. Mild coffee quiet. Cordova at 14 and up for nominal quotes.
Sugar and molasses prices steady in New York market notes. Muscovado and molasses values shown with modest shifts, reflecting firm tone in August prices.
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