Crop damage news spooks stock market after weekly gains
Stock averages rose over three days then fell on crop damage reports and weak corn yields the smallest since 1904. Steel, iron sectors cut production with rumors of sweeping cuts. Washington currency bill progress eyed as market rally follows early losses.
MENTIONED IN THIS ARTICLE
Union Pacific and Steel
Atchison
Missouri Pacific
Rock Island
Kansas
Oklahoma
Washington
House
Cotton Region Bulletin for August 16 1913
For the 24 hours ending at 8 a m local time rainfall of an inch or more was reported at Lake Gainesville Valdosta Meridian. The belt weather remains generally fair with above normal temperatures. Allen Buell local forecaster Weather Bureau.
MENTIONED IN THIS ARTICLE
Lake
Gainesville
Valdosta
Meridian
Allen Buell
Weather Bureau
Bank Reserve Slumps in New York Weekly Statement
The New York clearing house and trust firms show a reserve excess of 24.698 million dollars, down 985 thousand from last week. Loans rise to 1.925 billion, specie falls to 347 million, legal tenders up 1.77 million, net deposits drop 3.281 million, circulation down 547 thousand, overall reserves at 428.897 million.
MENTIONED IN THIS ARTICLE
New York
Trust Companies
Greater
Metals Market Quiet as Lead Prices Edge Up
New York metals market shows lead advancing to about 4.76 while iron stays steady. Electrolytic and casting categories report fractional gains with slight fluctuations across the board.
MENTIONED IN THIS ARTICLE
New York
Seta
Drought Forces Cattle Movements Across Regions
G A Meadows of Topeka reports drought in Kansas Idaho and Oklahoma forces hundreds of cattle to markets. Railroads move stock to distributive centers then east and north to Iowa Missouri Illinois Indiana and Ohio. Hay and feed costs rise. Meadows heads to El Paso to acquire thousands more cattle from Mexico.
MENTIONED IN THIS ARTICLE
Kansas
Idaho
Oklahoma
G. A. Meadows
Topeka
Kan
Cattlemen's Exchange
Yester
Mr. Meadows
Iowa
Missouri
Illinois
Indiana
Ohio
Tech
Meadows
Union Pacific Railroad
FE Paso
Mexico
Republic
Patten denies corner on corn amid market surge
Chicago August 16 James A Patten dismissed rumors of attempting a corn corner arguing he owns less than a third of the crop. Corn prices hit season highs with September near 74 6-8 to 74c, December about 69c, and May around 70c as rains loom in the south and Nebraska.
MENTIONED IN THIS ARTICLE
Chicago
James A. Patten
la Salle Street
Southvee
Nebraska
Wool Demand Driven by Strong Boston Market
The wool market shows large weekly business with active bidding and increased sample sales. Territory wools lead demand with steady prices. Wisconsin and Missouri fleeces fetch around 24 to 25 cents per pound for various grades. Texas fine wool ranges from 45 to 53 cents for different ages and finishes.
MENTIONED IN THIS ARTICLE
Boston
Mass
Wisconsin
Missouri
Kentucky
Texas
Cotton seed oil market closes steady in New York
In New York on August 16 the cotton seed oil market ended steady with spot bids at 8.90 and August at 8.91 to 8.95. Sales included 100 at 8.92 for August and 200 at 8.90 for September, plus 300 at 8.01 for December and multiple lots across months from September to March.
MENTIONED IN THIS ARTICLE
New York
Spot
Seth Eens
Heat Drives Cold Storage Egg Demand Rising
Hot dry weather across much of the United States boosts demand for cold storage eggs while fresh eggs spoil in transit. Industry reports say fewer eggs were put up than last year, helping balance markets but keeping prices volatile. Farmland activity and cotton movement in Southwest Texas bolster country finances as coffee markets show firm but steady quotes.
MENTIONED IN THIS ARTICLE
United States
Texas
L. W. Minford & Co
Brazil
Markets Report Prices For Eggs Vegetables And More
A detailed listing of fresh market prices across categories including eggs at 17c per dozen, poultry 14-16c per pound, butter 16-30c, and cheese 18c. It covers fruits and vegetables with crates, weights, and regional origins, plus cereals, syrups, and meats with assorted per unit costs and case prices.
MENTIONED IN THIS ARTICLE
Texas
California
Colorado
Valencia
Hodgepodge Grocery Prices From San Antonio Markets
A chaotic listing shows prices for canned fish, nuts, flour and meal, beans, raisins, citrus peels, hay, sugar and coffee, dried fruits, and grains. Items include Alaska salmon cans at various prices, Sancy peanuts at $8.50 per hundredweight, Pioneer flour at $6.00 a barrel, and assorted raisins with crown ranks and per package costs.
MENTIONED IN THIS ARTICLE
Alaska
Pioneer
Liberty Bell
London Layer
Hay
South Texas
Johnson-grass
Rio
Maine
California
San Antonio
Market Report Chicago Til August 16
Quotations today show butter and eggs not quoted while potatoes hold steady. Receipts reach 85 cars with poultry prices lower, chickens at 13 4 cents, springs at 18 to 19 cents, and turkeys at 1 cent.
MENTIONED IN THIS ARTICLE
Chicago
Til
Market Report: Poultry Eggs Butter and Fabrics Steady
St Louis notes show poultry prices with chickens at 11 1/2¢ and turkeys at 18¢, eggs offered 18¢. New York reports firm eggs and active dry goods trade while Kansas City lists butter and eggs unchanged. Local wool markets widen as carpet trade inquiries rise with silks in demand for quick delivery.
MENTIONED IN THIS ARTICLE
New York
Sugar and related commodities hold steady in New York market
Raw sugar prices show Muscovado at 5.20, centrifugal 3.70, and molasses sugar 2.95 with refined sugar steady. Petroleum and molasses also steady. Leather prices firm. Coffee futures steady with No 7 Rio at 9% and September at 8.95, March at 36.
MENTIONED IN THIS ARTICLE
New York
Market Summary: Mercantile Paper Rates and Bonds Steady
New York August 16 mercantile paper 6 6 percent sterling exchange steady at 483.05 for 60 day bills 486.45 for demand commercial bills 482% percent bar silver 59 1 2 Mexican dollars 47 government bonds steady railroad bonds irregular
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Irregular U S cattle market signals week end in 1919 tone
The Union Stock Yards report shows irregular cattle trading nationwide with heavy receipts early and prices slipping before a late-week rebound to near week highs. Kansas and Oklahoma drought fears pressured operators as dry ranges forced more cattle to market, while hogs and calves held steadier values and Texas cows topped around 5.26 dollars.
MENTIONED IN THIS ARTICLE
UNION
Kansas
Okalhoma
Texas
Fort Worth livestock market Saturday receipts decline
Fort Worth Tex August 16 Saturday's receipts show 700 cattle 50 calves 125 hogs and 25 horses and mules sold. Cattle prices dragged with five carloads in first hands all forenoon while hog buyers cleared yards early. Sales ranged from 48.10 to 8 590 dollars as sheep yards offered nothing.
MENTIONED IN THIS ARTICLE
Fort Worth
Tex
Chicago Market Report Hogs Cattle Sheep Prices Mixed
Chicago market data August 16 shows hog receipts 16 000 steady with bulk sales around 7 75 light joints mixed 7 60 8 2 percent heavy 7 30 9 50 rough 5 0 9 0 pigs 4 26 9 8 0 cattle receipts 200 steady Beeves 7 00 9 00 Texas steers 6 1 6 0 stockers 5 45 7 90 cows 3 60 8 30 calves 8 00 11 00 sheep receipts 2000 steady natives 3 79 4 55 yearlings 4 85 5 75 lambs native 5 26 7 50.
MENTIONED IN THIS ARTICLE
Chicago
Ills
Atic
Texas
Kansas City Livestock Prices Afloat on Mixed Receipts
Hogs receipts 1000 steady with bulk buyers paying 7.75 to 8.35 for heavy hogs and 6.00 to 7.00 for pigs. Cattle receipts 600 including 100 southern. prime fed steers 8.40 to 9.00, dressed beef steers 7.85 to 8.40, western steers 6.00 to 8.00, southern steers 4.75 to 6.50, cows 3.50 to 6.50, heifers 4.50 to 8.60. Sheep receipts none. lambs 6.00 to 7.50, yearlings 4.50 to 5.50, wethers 4.25 to 5.00, ewes 3.50 to 4.25.
MENTIONED IN THIS ARTICLE
Kansas City
Cattle Hogs and Sheep Market Receipts in St Louis
Receipts today totaled 750 cattle including 400 Texans with steady market. Native beef steers 5.50 to 9.00, cows 4.76 to 5.76, Texas steers 6.25 to 7.75, calves 5.00 to 6.00. Hogs 2000 head steady with pigs 8.25 to 8.80 and heavy 8.00 to 8.40. Sheep 400 head steady with native muttons 3.25 to 4.00 and lambs 5.50 to 5.25.
MENTIONED IN THIS ARTICLE
ST. Louis
Texas
Oklahoma
Drought Reduces Cotton Crop Across Bryan Area
The long continued drought in this section has badly damaged upland cotton while creek bottoms show growth. Growers estimate the crop will be from one half to three fifths of last year's output.
MENTIONED IN THIS ARTICLE
Bryan, Tex
Absence of Spinner in Cotton Market Spurs Decline
New York cen ter futures dropped with prices in New Orleans and Liverpool lower amid brisk reports of crop deterioration in the southwest. Traders weighed slow mill buying, unsettled trade conditions, and expectations of a large eastern crop, while shorts trimmed positions as the market hovered near new lows.
MENTIONED IN THIS ARTICLE
New York
Southwest
Liverpool Cotton Prices and U.S. Sales Data
Liverpool August 16 Cotton steady firm for middling and better grades. Prices range from good middling 6.5d to ordinary 6.41d. Total sales 3,600 bales, including 2,000 American and 600 for speculation and export. Receipts 2,000 bales, including 3,009 American.
MENTIONED IN THIS ARTICLE
Liverpool
Futures firm as markets close in Liverpool
Futures closed firm with August prices at 6.27444 and a series of August to July contracts quoted. The table lists various intermonth spreads including August-September at 6.20 and several other calendar pairings through July-August.
MENTIONED IN THIS ARTICLE
Liverpool
Spot coton prices steady in New Orleans market
Spot cotton on New Orleans market firm at 1 16 up with middling 121 16 per 100 pounds. Sales on the spot 286. Receipts 26. Stock 18,552. Arrivals none. Prices listed for various grades from low ordinary to good middling with several nominal figures.
MENTIONED IN THIS ARTICLE
New Orleans
Spot market closes steady with modest gains
Houston market report shows spot market closed steady 4c up with f o b sales 2755 shipments 6421 and total stock 29528 bales. Price levels list low ordinary 7 percent ordinary 8 percent good or dinary 9 percent low middling 10 percent middling to good middling 12 percent middling fair.
MENTIONED IN THIS ARTICLE
Houston
Tex
Spot cotton closes steady in Galveston market
Galveston Texas spot cotton closes steady with unchanged prices. Sales reach 78 bales with 0 for f. 0, receipts total 6,938 and stock at 3,102 dollars.
MENTIONED IN THIS ARTICLE
Galveston
Tex
Spot Cotton Prices Steady in New York Market
Spot cotton held steady with a 10 point uptick as middling uplands and gulf quoted at 12 and 12.25 cents respectively. no sales were recorded.
MENTIONED IN THIS ARTICLE
New York
Cotton Markets Steady as Spot Price Holds in Memphis
Memphis reports spot cotton steady at middling 11 3/4 cents while New York money on call remains nominal. Time loans ease with 60 day at 3 4 percent, 90 days at 4 4 percent, and six months at 5 5 percent.
MENTIONED IN THIS ARTICLE
New York
Cotton arrives and brisk trade with Taylor compress runs
Taylor Texas reports 364 bales reached the market bringing total to 1807 bales received. Over 500 more bales expected today as cotton pickers work and fair trade remains brisk with the compress making three runs this week.
MENTIONED IN THIS ARTICLE
Taylor, Tex
Taylor
Arkansas Bars Southern States Cotton Corporation License
State Auditor Coffman denied the Southern States Cotton Corporation a license under Arkansas blue sky law. He said contracts do not compel payment of l5c per pound from company assets or from proceeds after storage and insurance deductions. The question arose from H S Mobley of the Arkansas Farmers Union about farmer guarantees and scrip-backed payments.
MENTIONED IN THIS ARTICLE
Southern States Cotton Corporation
Texas
Arkansas
Coffman
H. S. Mobley
Arkansas Farmers’ Union
Mobley
Crop Outlook Promises Prosperous Year Ahead
New York August 16. R G Dun & Co Review of Trade reports merchandise distribution remains steady and preparations for a strong fall and winter. Crop conditions are favorable despite corn damage, with remunerative prices supporting an active year. Domestic finance eased while European politics aid stability. U.S. and Canada failures rise slightly this week.
MENTIONED IN THIS ARTICLE
New York
R. G. Dun & Co
Europe
United States
Canada
Bankers foresee large corn deficit in 1913 crop
A New York bank reports wire replies from corn states showing heavy damage in Kansas and Western Iowa Nebraska and Oklahoma. The executive estimates a deficit of at least 500 million bushels versus 1912 harvest, with wheat and other cereals performing well but corn shortfall impacting railroads and state purchasing power.
MENTIONED IN THIS ARTICLE
New York
Kansas
Iowa
Nebraska
Oklahoma
Cotton statistics show weekly movement and world supply
World visible supply totals 2 196 570 last year 2 189 676 with United States 241 000 and Europe 1 195 000. Weekly movement notes port receipts 9 837 458 and overland to mills 995 764 with 30 944 brought into sight this week and 2 750 000 stock at interior towns above September 1. Two thousand nine hundred eighty three bales added to season receipts in Begon area.
MENTIONED IN THIS ARTICLE
Europe
United States
Mills
Canada
United States and Liverpool Cotton Stock and Receipts Figures
The report lists stock at all U S ports 135 415 for this period and 214 089 at all interior towns with 106 361 for interior towns same time last year. Liverpool stock 655 000 with last year same time 687 000. American afloat for Britain 10 000 bales. Net receipts at U S ports for the week 24 588, versus 22 080 last year. Cumulative receipts since Sept 1 total 9 836 142, compared with 11 581 835 to the same date last year.
MENTIONED IN THIS ARTICLE
Bales
Galveston
Eeerweeneeseree
New Orleane Sicssesvacneer
Mobile Ee
Savannah
Charleston
Wilmington
Norfolk
Baltimore
New York
Boston
Newport News
Philadelphia
Bart Farsi Ice Dvoderdis Cess
Brunswick
Pensacola
Portland
Ore
Port Arthur
Sabine Pass
Jacksonville
Texas City
Seattle
Laredo Wee
Tacoma
Aransas
Georgetown Eee
United States
Liverpool
Great Britain
U. S
Scessserenes
U. SS
JOOP
Scceweseceenes
Continent
Mexico
Japan
Exports figures compare weekly and year-over-year totals
The report shows 20,092 exports for the current week versus 12,828 for the same week last year. Cumulative exports since Sept 1 total 8,371,659, compared with 10,302,870 exports by the same date last year.
Local receipts show totals for week and season
Local figures list weekly receipts 978 578 and season totals 4 607 and 4 899 7 108, reflecting United States exports.
Record corn prices surge as market tests sustain bull movement
Chicago reports a week of record high corn prices with September around 75% cents, December 69% cents and May 71 cents. Traders note ongoing demand from Corn Products Company and eastern exporters, while futures holdings may have to be dumped as deliveries loom. Cash markets showain in lard and meats with improved milling business and higher cash purchases.
MENTIONED IN THIS ARTICLE
Chicago
Southwest
Corn Products Company
Grain market closes steady amid fluctuating week
Chicago notes a steady close after volatile sessions. Quotations show cash wheat varying from 87 to 89 cents, No 2 red and No 2 hard ranges, corn at 71 to 80 cents, oats 42 to 48 cents, with September and May futures listed for wheat and oats. Receipts and shipments across Flour, Wheat, Corn, and Oats are reported for yesterday.
MENTIONED IN THIS ARTICLE
ST. Louis
Commodity quotes from Kansas City market report
Quotations to Cash wheat No 2 hard 81% 866 No 2 red 85% 86e. Corn No 2 mixed 71e No 8 Teo No 2 white 78 %e. Oats No 2 white 48% %C No 3 mixed 48c. Close Wheat Sept 824 Dec 86%¢ Corn Sept 764 %c Dec OH Oke.
MENTIONED IN THIS ARTICLE
Kansas City
Chicago Market Wheat and Corn Prices Reported
Chicago prices for cash wheat show No 2 red at 88 3 4c No 2 hard 88 88%c No 1 Northern 262 1 2c No 2 Northern 90 62%c No 2 spring 90 91c velvet chaff 87 9tc durum 85 90c. Corn No 2 75% ores No 3 white Itc No 2 yellow 764% 77 Oats No 2 white 43K 4tc standard 43% ic.
MENTIONED IN THIS ARTICLE
Chicago
Mls
Marine Intelligence Galveston Buoys Steamers Arrivals and Clearances
Galveston reports arrivals of steamers Ravn Premen El Alba and others with cargoes from Nov Puerto Cortez El Sol San Jacinto New York and more. Cleared ships include Chemnitz Premen El Alba Ethelstan and Russian Prince bound for Tampico Rotterdam and Antwerp among others. New York also notes arrivals with Amer ika from Hamburg.
MENTIONED IN THIS ARTICLE
Galveston
Tex
Ravn
Puerto Cortez
el Sol
New York
San Jacinto
Chemnitz
Premen
el Alba
Rotterdam
Tank
Tampico
Antwerp
Also Mentioned on This Page
Stock List Comparison
Cotton Region Bulletin
New York Stock Exchange
Tade
Prines
Waar
Amer, Smelt, & Refining
American Sugar Refining
American Tel
Iapa Anaconda Mining Co
Atchison Eeeeegsoee
Atlantic Coast Line
Baltimore & Ohio
Brooklyn Rapid Transit
Canadian Pacific
Scescueshe
Chesapeake & Ohio
Chicago & Northwestern
Chicago, Mil. & St. Paul
Colorado Fuel & Iron
Colorado & Southern
Delaware & Hudson Esosessildto
Denver & Rio Grande
Erlewae Pe
Inneaieey
Great Northern Pfd
Great Northern Ore
New York Central
Norfolk & Western
Northern Pacific Sane
Pennsylvania
Rock Island Co
Southern Pacific
Neewnewee
Southern Railway
Union Pacific
Abilene
zAmarillo
Ballinger
Beeville
Brenham
Eae
Clear Preidy
Brownsville
Clear Brownwood
Prcidy Clarendon
xCorpus Christi
Corsicana
See
Clear
Cuero
Dallas
xzDel
Dublin
Eastland
xFort Worthees
xGalveston
Prddy Greenville
Clear Hasket
Coves
Priddy Henrietta
Clear xPalestine
Paris - Eee
Pierce A
Cloudy
Quanah
Clear Xsan Antonio
Teldy San Marcos Weer
Sherman
Tear Snyder
Weeeee A
Clear Spur
Aeeeeree
Clear Taylor
Waco
Serene
Weatherford
Augusta
Atlanta
Montgomery
Mobile
Memphis
Seer
Vicksburg
Little Rock
Clearing House
NEW York Metals
Southern Pacific Tracks
A. Patten
Sg Sy
Amarillo
Birmingham
Ala
Corpus Christi
Or del Rio
Wort Worth
Fla
Kansas City Mo
Ty Key West
Palestine
St. Paul Minn
Shreveport
Tampa
Fila
Washington, D. C
Recaster
Ene Department, of Agriculture, Weather Bureau
Eges
NEW York Dry Goods
ST. Louis Metal
Srelter A.oomte
Dori
Kansas City Livestock
ST. Louis Livestock
Ee Bas Peade Nee Mt
Lscancesareseskamge
Tenn
NEW York Money
Cotton Statistics
Total Crop Movement
Grain and Provisions
ae + ee
Weetalone
Mess Park
Kansas City Grain
Chicago Cash Grain
Marine Intelligence
Amerika
Hamburg
Spot Cotton Brokers
Prudential Life Building
San Antonio Texas
Nelson
Swearingen-McCraw
Camal
Monterey
Marucheau Grain GO