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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Aug 22, 1911
Page
9
At ION Stock Yards on August 22, the market moved slowly with a steady flow of cattle and drive. Buyers showed little activity as the day dragged. Good cows around 3.00, some hogs sold at final prices, calves fetched 2.60.
Stock yards report cattle hogs horses sheep and cattle movements. Cattle jogs from Nixon to San Antonio and from Uvalde to San Antonio. hogs from Hobson to San Antonio. sheep from Longfellow to Worth. horses from Del Rio to Groesbeck. two cars cattle from Springs to Fort Worth.
Cattle sales listed from Worth Texas include buyers such as H Jetter Seymour C Hildebrandt Brownsville ink Dunn Stanton D Clark Valley View Benson Olney H Cherryhone Stewarton J Bursey Bluffdale B Thomas Westover Boedetker Bowie and others. Prices per hundredweight span from about 2.40 to 9.90 with numerous steers cows and calves exchanged and weights ranging from mid hundreds to over 1100 pounds.
A national bulletin reports Moderately warm and dry conditions across most districts last week. The cotton belt saw frequent showers and icy weather in the west portions while eastern areas enjoyed sun and warmth. Rain is still needed in parts of Georgia and the Carolinas. Arkansas saw heavy rains in one area and northern Texas had showers.
John V. Farwell told a South Country Club dinner crowd that the U S banking system is the world’s worst and that reform is the greatest question facing Americans. The National Citizens League president outlined tentative plans for a new banking framework titled A Better Banking System Needed.
In New Orleans on August 22 the market showed activity with steady clean sales and notable Honduras entries. Receipts listed include several hundred bags of Honduras both new and old, with prices noted in local terms and distant origin Japan cited for comparison.
In New York on August 22 the wool market shows quiet, with steady prices for top quality fibers and subdued trading across all grades as buyers hold off awaiting clearer directions from mills.
Ambiguous sugar price brief from New York reports raw Muscovado at 89 test, 4c. centrifuged 96 test, 5c. molasses 89 test, with refined steady.
Wool prices and related trade terms appear in the St Louis market report with references to staple grades and prices, noting conditions for combing and fine wool. The fragment lists terms like light fine and tub washed indicating quality distinctions in the medieval trade context.
Consols for money and account rise to 7 8 with silver prices steady. Bank balance of 12 090 pounds noted as transferred to the Bank of England on balance. Interest rates hold near 4 etted per cent on bills with small gains in the money market.
Fragmentary OCR text shows percentages and rates such as 3 percent, 26 percent, 25 percent, with references to London and checks. No clear event, person, or organization identified.
Pi dy, ST. LOUIS METAL. LOUIS, , $442 Mo., Aug. 22. Lead smelter steady at $6.00.
Forecast to 7 p.m. Wednesday calls for increasing cloudiness in San Antonio and vicinity with possible showers tonight or Wednesday. East Texas likewise unsettled with showers in the north portion. Unsettled weather extends from the gulf to the lakes with cooling trends in the north. high southwest temperatures persist with much cooler readings in the northern Rocky Mountains and frost in the Canadian northwest.
The Associated Press report from Chicago notes a weak close as wheat futures fell across contracts after Winnipeg declines and frost doubts. September opened 1-8 to 1-4 lower at 90 1-8 to 90 3-4, December down to 94 3-4, and oats and corn showing mixed, firmer tone only in spots while pork and lard faced selling pressure.
Chicago market report lists quotations for various commodities and notes receipts and shipments for the day. The brief cites prices and trading activity with a focus on market movements in Chicago.
Associated Press reports Chicago Minneapolis and Duluth grain receipts for today tally 465 cars of wheat and corn totals for the day show 210 with 82 contract grade for wheat and 827 cars with 158 contract grade for corn with 315 cars. Comparisons note 528 cars last week and 295 on the same day last year.
Cash wheat markets in Chicago show varied levels with No. 2 red at 0e, No. 3 hard winter at 92 to 96 cents, and several spring varieties ranging from about 1.05 to 1.16 dollars. Prices highlight wide gaps among wheat grades and stock market style fluctuations in late August.
Fort Worth Texas cattle market reports Aug 22 with receipts 2700 steers steady corn fed beeves 5.00 to 6.75 calves 4.00 to 5.25 stockers and feeders 10 to 16 cents lower cows strong bulls 2.60 to 3.00 hogs receipts 1700 opened steady closed stage lower top 8.00 bulk 7.75 to 7.96 sheep 1200 strong wethers 4.00 jambs 6.00
Chicago markets show receipts for cattle about 6000 and hogs 12000 with steady to firm tone. Beef prices range 5.40 to 8.10 for beeves and 3.10 to 5.50 for stockers. hogs mostly 7.05 to 7.95 with good to choice heavies 7.80. Sheep and lambs list native and western prices from 2.35 to 7.05 with yearlings at 4.00 to 5.25 and lambs 4.20 to 7.05.
Cattle receipts 3500 head including 699 Texans. Native beef steers 4.50 to 8.00, cows and heifers 3.60 to 7.25, stockers 3.00 to 4.00. Texas and Indian cattle 1.00 to 5.90, cows 3.00 to 5.50. Hogs receipts 11,000 head, market steady. packers 7.60 to 7.95, heavies 7.55 to 7.95. Sheep receipts 7500 head, market steady. native lambs 4.00 to 6.25.
Cattle receipts 14 000 including 1 600 southerns steady native steers 5 25 8 00 southern steers 3 90 6 00 southern cows and heifers 2 60 4 50 native cows and heifers 2 50 7 25 stock ers and feeders 3 50 5 80 bulls 8 00 4 50 calves 4 00 7 26 western steers 4 60 7 50 western cows 2 75 5 00 Hogs receipts 10 000 strong bulk of sales 7 40 7 60 heavy 7 40 7 40 packers and butchers 7 40 7 65 lights 7 30 7 60 Sheep receipts 10 000 steady mut tons 3 25 3 80 lambs 6 00 6 75 range wethers and yearlings 3 25 4 50 range ewes 2 75 3 75
Cash wheat higher with No 2 track red at 89 1 2 to 90 cents and No 2 hard at 91 cents to 1 01. Corn and oats steady with No 2 track at 63 cents and No 2 white at 63 1 20. Wheat and corn futures shift lower on September and December contracts, while oats weaken for September and December.
Cash wheat held steady with No 2 hard 90 to 97 cents and No 2 red 87 1 2 to 88 cents. Corn and oats rose fractions with No 2 mixed at 60 1 2 cents and No 2 white at 60 cents. September futures for wheat quoted around 88 54 to 92 cents, corn September about 60 1 8 cents, December 59 1 2 cents, May around 63 1 2 cents.
On the New York bond market dated August 22 money on call remains steady with bids at 1 3 4 and 2 cents and a ruling rate near 2 1 8 cents. Time loans show a similar steady pattern with sixty day bills at 1 1 4 cents and ninety day bills at 3 1 4 cents.
Prices broke sharply at the opening led by Union Pacific and Southern Pacific with declines in Reading Amalgamated Copper Lehigh Valley Canadian Pacific and others. By mid morning losses pared and activity dwindled as investors weighed Moroccan negotiations and a weak global tone.
Close prime mercantile paper at 4 1 4 and 1 2 cents. Sterling exchange steady with actual business. Bankers bills quoted 4.83 60 for sixty day bills and 4.86 10 for demand. Commercial bills 4.83. Bar silver 52 1 4 cents. Mexican dollars 45 cents. Government and railroad bonds bid ready.
The New York cotton market opened easy with a 2.6 point decline amid weak reports and weather fears but recovered to finish near last night’s close. Spot activity was light with nominal prices while Traders awaited the government report next week and the weekly weather summary noted cooler temperatures and scattered showers.
Cotton futures opened steady in New York with January at 11.24 to 11.25 cents, March at 11.83 to 11.84, May 11.89, August 12.30 offered, October 11.28 to 11.24, November 11.24 to 11.25, December 11.30 to 11.18.
Cotton futures opened steady with a 7 to 9 point decline as short sellers anticipated rain in Texas and Oklahoma. Private weather reports warned of showers and heat, while late morning buying supported the front months and cooled losses.
The New Orleans cotton market opened firm with prices for August at 12.18 cents bid and September around 11.26 to 11.28 cents. October 11.16 to 11.17, December 11.18, January 11.23 to 11.24, March 11.34, and May 11.44 to 11.46 cents.
Closing spot cotton in Liverpool shows a limited demand with prices 1 point lower led by American middling fair at 7.44 and good ordinary at 6.34. Daily sales reach 4000 bales with 3300 American. receipts total 6000 bales including 900 American. Futures open quiet and end steady with near term quotes around 6.32 to 6.07 in various contracts.
Statistics show today's receipts at main ports with figures for Houston Augusta and other centers. The data track stock levels this day versus last week and last year, indicating season deficits and movement through the supply chain.
Exports to Great Britain reach 14 676 and to France 2 664 totaling 9 980. Exports to the Continent amount to 20 600 and 163 are noted.
The weekly weather bulletin notes mean temperatures near normal to below in central and western Tennessee central and northern Alabama and eastern Louisiana with a greatest deficiency of two degrees in Alabama. The cotton region shows 70 to 84 degrees in east and central parts and 82 to 90 degrees in the west. Precipitation was heavier in the Mississippi valley and central Alabama with two inches in parts of Arkansas and Mississippi and a weekly high of 6.9 inches at Wynne Arkansas. Light to moderate showers touched northeastern Texas and southeastern Oklahoma.
Oklahoma weather remains unsettled with colder spells, while Texas sees showers and warm nights. The market opened with declines on heavy short selling as rain prospects in Texas weighed on prices, with August cotton bid higher briefly before overall declines.
Leading spot markets show mixed activity with New York and New Orleans quiet and Houston steady to strong. Prices listed include Liverpool around 6.80 and Galveston at 12% with volumes noted in thousands.
New Orleans August 22 spot cot ton quiet unchanged with 27 sales on spot and 300 to arrive. Prices range from 8 1-2 to 13 11-16 cents for various grades. Receipts 11638 and stock 24926. Market closed steady with minor intraday fluctuations from yesterday's close.
Galveston Texas report notes spot cotton market quiet with middling grade at 12 1 8 cents per pound. Sales totaled 203 f.o.b. at port.
Memphis reports show spot cattle steady and unchanged as buyers and sellers hold totals. Market watchers note iddling activity and cautious movement ahead of week’s end trading.
Houston report notes cotton trading steady and unchanged with middling grade around 12 cents per pound. Market tone steady as traders await further supply data and weather cues across Texas fields.
The cotton market closed quiet in New York with gains of 10 points. Middling uplands priced at 12 dollars 60 cents and middling gulf at 12 dollars 85 cents with no sales recorded.
Memphis on August 22 reports prime basis oil at 4.5 to 4.57 dollars, meal at 26.50 dollars, and linters at 23.4 to 33.4 cents, reflecting day price ranges for cotton byproducts.
New York reports varied cottonseed oil quotations and futures with minor advances for nearby delivery. Havre notes a range in cotton futures while New York markets show steady primary goods demand with small price concessions on standard dress goods for spring 1912 delivery.
The market reports rising interest in preserving fruit with wholesale demand soon to surge as California fruit and local supplies arrive. Plums peaches grapes and pears appear in ample quantities while tomatoes remain scarce with Kerrville and Jacksonville shipments noted and Gravenstein apples priced around 2.50 to 2.76.
Creamery butter per pound 26c, country butter 14 15c, eggs firm to higher with fresh country candled 16 11c. Cheese prices stay firm with Fancy cream 12 c and brick 20c. Imported Swiss 24c, Limburger 20c, Badger State 17c. Poultry steady. large hens per dozen 6, medium 4.75 6.00, large springs 4.00, medium 2.50 2.75, small 2.00 2.26, guineas 3.25 3.5, ducks 6.00 6.50, squabs 1.00 1.25, turkeys per pound 15 16c.
Quotations today show butter steady from creameries 20 to 26 cents and daisies 18 to 22 cents. Receipts total 9914 cases with firsts 16 1 3 cents and prime firsts 16 2 3 cents. cheese firm with varias styles. Potatoes Jersey $1.20 to $1.25 Ohio $1.10 to $1.15. Poultry steady turkeys 14 cents chickens 18 cents springs 14 to 44 cents. Veal priced by weight with 50 to 60 pound at 8 8 1 2 cents and 60 to 85 pound 9 to 10 1 2 cents.
Quotations today show poultry firm with chickens at 13c, turkey 16c, ducks 9 1 2c, geese 12? POULTRY prices. Butter quiet with creamery at 26 25e. Eggs firm at 11c.
Butter and eyes price details from the Kansas City market dated August 22. Butter creamy firsts and seconds range from 25 to 28 cents, packing stock 17 cents. Eyes extras 21/2 cents, firsts 18 cents, seconds 101/2 cents.
OhioAugust 23. A poultry firm reports prices for chickens and turkeys with 15 to 16 cents per pound for hens and turkeys. The short notice lists rates for eggs and live birds.
New York on August 22 reports irregular trading and unchanged prices with receipts totaling 27,52 as the market closes.
The coffee futures market closed steady but down 10 to 14 points. Sales reached 44,000 bags while spot activity remained quiet with No Rio at 13 cents and Cordova reported around 14 to 16 cents nominal.
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