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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Aug 19, 1911
Page
7
Union Stock Yard notes a strike halting sales with no receipts. Aug. 19 inventory shows cattle two, calves five, hogs two. the stockman calls today’s activity minimal and all stock sold at market prices.
Advices indicate a $36,000 woolen mill will be located at Merizon Texas. It will produce 100 pairs of blankets or 400 yards cassimere or twenty over pants and start with about seventy five employees.
Montreal reports confirm black rust across Canada with large potential yields. Wheat experts from Ogilvie Milling Lake of the Woods Milling and Brandon experimental farm forecast crops between 17 000 000 and 220 000 000 bushels as unsettled Iberia weather delays ripening and threatens prospects.
The Associated Press reports the 1910 average value per acre for all field crop operations in the United States was about 15 47, down 99 cents from 1919’s 16 46 total per acre. The Agriculture Department provided the estimate from August 19 in Washington.
Boston warns that curtailment extended to New ford Fitchburg Amesbury and akefield with thousands given two weeks payless. Overall thirty to forty five thousand mill workers will idle for the next two weeks due to the curtailment.
New York trading showed coffee futures closing steady with little change, around 46 000 bags traded. Spot prices held firm with Rio No 7 at 13 1/2 cents and No 4 around 14 cents, Cordova at 15 16 cents.
New Orleans market report notes quiet trade on October 19 with spot cotton at middling uplands 12.50 and do at 12.75. No sales recorded.
New Orleans market notices list prime refined cotton oil at barrels with per and .13cc, choice meal at 8 per cent onia per long ton, 28, and choice cake at per cent ammonia priced at $25.50.
Wool firm Me lum grades combing and clothing wool with prices 18% 21c light fine 17 19%c heavy fine 15c tub washed 25 30c.
Lead held at 42 percent with a price around 4.45 as Spelter stayed quiet near 6.00.
Houston reports indicate harvesting across the rice belt is near general. The crop is noted as good and the yield expected to set a record.
Bee Candy Co. of 711 Avenue B delivers a brief item noting a river known to locals for navigating city streets. The note reads as a quirky street reference used in local chatter.
The forecast for San Antonio and vicinity tonight and Sunday calls for fair skies. East Texas can expect generally fair weather with possible local showers in the north and extreme east portions. Pressure distribution remains irregular with a principal storm area over the north Atlantic and overall unsettled weather. Temperature noted in the southwest region.
Chicago August 19 Short sellers moved to cover as hot weather in Canada spurs projections of a bumper harvest. September corn up 4? at 90 to 90 4c with firm close. Oats steady near yesterday. Provisions firm with January pork at 16.50 and September hogs up 2 1 4c.
In Chicago on August 19 quotations appeared stable with receipts and shipments recorded for the day. Market watchers noted steady demand across primary grain and commodity sectors as traders assessed current price levels and supply signals.
Receipts today show 141 Wheat cars including 60 contract grade 231 Corn cars with 64 contract grade and 216 Oats. Total wheat receipts at Chicago Minneapolis and Duluth reach 304 cars versus 894 last week and 692 on the same day last year.
Quotations today show wheat and corn firm with 2 red at 88 89 cents and No 2 hard around 91 cents to $1. Sept wheat at 87 92 to 98 cents. Oats rise with No 2 track 40 41 cents and No 2 white 42 to 44 cents.
Kansas City grain quotes list cash and futures for wheat corn oats. No. 2 hard wheat ranges 89 to 96 cents with other grades around 86 cents, corn No. 2 mixed at 60 to 60 4/5 cents, No. 2 white at 60 4/5 cents. oats No. 2 white at 42 cents. Futures show wheat September 88 1/2 to 89 cents, December 92 1/2 to 93. May near 97 cents. Corn futures September around 61 4/5 to 62 1/5 cents, December about 60 1/2 to 61. May near 68 cents.
Fort Worth market reports hogs advancing five cents with receipts of 600. Top price reached $7.95 while special sales ranged to $7.65. Cattle receipts totaled 400 with steers $4.60 to $6.25, cows $2.60 to $3.10, bulls $2.75 to $3.30, calves $4 to $4.50. Sheep receipts 850 with lambs and wethers steady at $3.75 to $4.25.
Chicago market figures show cattle receipts around 400 with steady tone and price ranges from 4 to 8 plus for beef cattle. Hogs receipts near 8000 with steady demand and a broad spread from 6 to 8 for various hog types. Sheep receipts about 2000 with steady pricing from roughly 2 to 5 for natives, westerns, yearlings and lambs.
Receipts total about 6000 cattle including 300 Texans with steady market. Beef steers bring 4.50 to 8.00, cows and heifers 3.00 to 7.50, stockers 3.00 to 4.75. Texas and Oklahoma steers 4.00 to 6.25, calves 4.00 to 5.50. Hogs receipts about 2000, market strong to higher with pigs 5.50 to 7.75 and packers 7.70 to 7.93, heavy hogs 7.70 to 7.92. No sheep.
Receipts totals 1100 cattle 1200 hogs 300 sheep with prices for native and southern cattle ranges and slaughter grades. Cattle steady to mixed with steers and cows and calves listed. hogs strong with bulk sales around 7.30 to 7.55. sheep steady with muttons lambs and range types priced per head.
The report lists cash grain prices for wheat corn and oats with variety grades and prices. Wheat includes No 2 red No 2 hard winter No 1 hard spring old No 1 northern spring No 2 northern spring No 2 spring velvet chaff durum yu You. Corn shows No 2 No 2 white No 2 yellow. Oats cover No 2 No 2 white No 3 standard with varying cents per bushel.
Police Chief Frank Newnam is confined to his Camaron street home with what is believed to be appendicitis. His condition remains unchanged from yesterday. First Assistant Chief Coy takes charge of the department during the chief’s illness.
London financial bulletin notes Consols for money at 78 and for account at 784s. Bar silver steady at 24d. Money 14% per cent. Open market discount rates: short bills 2% and three months' bills 2%. Bank of England balance shows bullion intake of 258000 pounds yesterday.
Close prime mercantile paper 4 4 percent. Sterling exchange steady with bankers bills at 483.60 for 60 day bills and 486.05 for demand. Commercial bills 4.83 percent. Bar silver 52. Mexican dollars 45 cents. Government and railroad bonds steady.
Associated Press notes money on call remains nominal with no loans. Time loans show 3 percent for sixty and ninety days and six months. The report captures a soft money market tone with modest rates.
New York opened steady then declined 12 points with 5 to 6 point drops as liquidation and pressures from cooler southwest weather, new crop movement, and labor woes in England weighed. Leading traders supported the market though activity stayed light and prices finished 2 to 16 points lower on the day.
New York reports for August 19 show cotton futures opening steady with January at 11.32 33, March 11.48 44, May 11.63, August 12.30 33, September 11.40 offered, October 11.32 38, November 11.38 offered, December 11.40 41. Futures closed quiet and steady.
New Orleans August cotton futures opened steady slipping 5 points with late session recovery as bears sold on bearish news expectations. Liverpool futures held near better, spot cotton absent from trade, and weather forecasts showed mixed rain in Texas and the central belt. Prices closed 4 to 14 points lower with keys August 12.10 and later contracts around 11.34 to 11.50.
Closing spot cotton in Liverpool shows a 6 point rise with American middling fair at 7.39 and middling at 6.75 while no sales and no receipts are reported. Futures opened and closed steady with various spread quotes from August through May June around 6.0 to 6.4 percent.
In Memphis Tennessee on August 19 prime bagged oils traded at 4.54 to 4.57 cents per pound, meal at 26.50 dollars per hundredweight, and linters between 2.5 and 3 cents.
Valentine Muguerza, 2, was run over by a horse drawn buggy at West Commerce Street and Santa Rosa Avenue yesterday after 5 p.m. He suffered a fractured collar bone and multiple bruises and was returned to his Monterey Street home. Six months earlier he was knocked down in nearly the same place when a wheel passed over him.
New Orleans opposition to the foreign plan to validate cotton bills of lading, proposed by the Liverpool conference, was cabled to the exchanges. Acting President J F Clark called the plan impractical and questioned the integrity of handlers. Liverpool representatives replied that bankers merchants ship owners and insurers would not yield their stance. Further action will be decided at upcoming conferences.
The bulletin notes clear and pleasant conditions in northern and central Texas while eastern areas are cloudy with rain in Texarkana and Houston. Oklahoma, Louisiana, Arkansas show cloudy or unsettled weather. light to moderate rains affect Abilene Mount Pleasant and northern areas. Market commentary from Hayward Clark and Dallas reports cotton prices down early as Liverpool futures rise but no spot trading occurs amid mixed national weather signals.
The report lists cotton stocks for Houston and Augusta with yesterday and year figures, noting a deficit this season. It includes exports to Great Britain, France, the continent, and to Mexico and Japan, alongside overall stock comparisons to last year.
The report lists leading spot markets with scattered quotes including New York at 12.50, New Orleans at 18, Liverpool and Houston dull readings, and Galveston about 12.8 with steady tones. Market activity appears subdued across the listed ports.
Spot cotton in New Orleans unmoved with quiet trade. Daily prices range from low ordinary at 8 7-16 to good middling 12 3-4. Receipts tally 101, stocks at 23,456. No sales on the arrival yard.
Spot cotton remained steady in Houston with middling grade at 123 and 16 cents per pound. The Associated Press notes current prices and market tone for traders and buyers in the region.
By the Associated Press Galveston Texas August 19 spot cotton is steady with middling grade listed at 12 1/2 cents and sales on a f.o.b. basis at about 16 25.
In Memphis on August 19 the spot cotton market posted a nominal middling price of 18 cents per pound. Traders monitored futures and regional demand as markets adjusted to seasonal variations and supply signals.
The market notes a drop in potato quotations from $2.75 to $2.60–$2.65 as supply quality shifts. Tomatoes advance to $1.00–$1.15 due to better stock from Kerrville, with shippers delaying overripe fruit for canning. Apples from California and Colorado appear in varying lots. cucumbers arrive more plentifully at 85 cents per basket.
Dairy firms report Daisies 183 c, Twins 12 percent, Young Americas 13 percent, Long Horns 13 percent with cheese. Potatoes steady and beef Jerseys priced at 1.20 to 1.25. Ohios 1.12 to 1.25. Poultry firms show Turkeys 14 c and chickens 12 c, springs 14 c. Veal by weight: 50–60 lb at 8 ec, 60–85 lb 9 10 c, 85–110 lb 11 12 c.
The notice shows price quotes for butter and creamery products with firsts seconds packing stock and extras. Firsts and seconds are given in different units with cents per pound and per ounce. multiple price lines indicate varying grades and packaging options.
In New York on August 193, egg prices remained steady as receipts reached 7181 cases. The market notes show no change in supply and demand dynamics for the day.
Quotations to Gey wore as che ag a 7 Poultry steady. Chickens 10c, springs 12c, turkeys 16c, ducks $, geese 5c. Butter dull, creamery 20 25c, Eggs firm, lbc.
Markets show easier conditions with more business activity. Cotton yarns sell for late delivery on futures at 1e to 1%e per pound above spot prices. Silks see moderate demand from the retail trade.
New York dated Aug 19 notes hides steady leather firm wool quiet and rice quiet with little price movement across commodities. The brief bulletin signals muted trading and stable values for the listed goods in today’s market cursory scan.
New York sugar markets show firmness with Muscovado at 4.42 to 4.50 cents per pound, atri gal around 4.25, and molasses sugar holding steady alongside molasses.
New Orleans notes a steadier demand for local rice with clean grades in stronger, active trade and Japan remaining nominal. Quotations show rough Honduras old at 1.00 3.00 dollars, new at 2.50 3.25, clean at 2.50 3.25, with receipts totaling 12 302 roll bags and sales including 1825 bags rough Honduras and 5072 clean Honduras at 1 1⁄2 to 4 percent, Japan 283 at 2 1⁄2 to 3.
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