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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Aug 26, 1912
Page
7
Lemons advance from 25 to 50 cents per box amid coast and carlot price hikes. Merchants warn $6 per box may come before week’s end as last year’s high levels loom but August remains the peak month. Shippers eye a shift to weight-based poultry buying. a railcar shortage threatens fall traffic with freight congestion and costly delays.
A dense list of farm and market prices covers poultry, dairy, eggs, vegetables, fruits, nuts, canned goods, dried fruits, meats, lard, sugar, coffee, flour, and rice. Entries specify prices per unit or quantity for hens, turkeys, butter, cheese, tomatoes, onions, cabbage, cucumbers, Okra, melons, apples, peaches, pears, prunes, apricots, figs, sardines, salmon and more.
Explanatory notes show observations at 8 a.m. with air pressure at sea level and wind arrows. First figures are temperature, second precipitation of .01 inch or more, third maximum wind velocity. Forecast till 7 p.m. Tuesday: San Antonio and vicinity expect fair weather tonight and Tuesday. East Texas generally fair.
Union Stock Yards reports Aug 26 buyers found pens well supplied across cattle calves horses and hogs. Receipts 436 head including 275 cattle 72 calves 77 horses 9 hogs. Prices held steady from Saturday with best cows $4.25 calves $4.50 hogs $8.25. no sheep or goats offered.
Chicago, Kansas City and St Louis join Fort Worth in quoting high hog prices as packers push for strong margins amid cattle and hog shortages. Texas farmers expect bumper corn and forage yields, boosting hog production. observers note wool markets remain favorable and mutton demand rises while cattle feeder shortages grow.
In Fort Worth Texas on August 26 demand surged as cattle and calves totaled 6000 and 3700 respectively. Outside buyers competed with packers, markets remained steady to strong with cow tops at 4.50, steers to 5.50, calves to 6.75, hogs about 1200 head to 9.00, and sheep with drive-ins totaling 77 head.
Cattle receipts 17 000 steady to up 10 cents with Reeves at 5.55 to 10.60. Texas steers 5.00 6.80. western steers 6.25 8.90. stockers and feeders 4.30 7.40. cows and heifers 2.76 8.25. calves 6.50 10.25. Hogs receipts 26 000 active 10 cents higher. light 8.30 9.00. mix ed 8.15 9.00. heavy 8.00 8.85. pigs 5.60 8.25. bulk 8.25 8.80. Sheep receipts 35 000 weak to 10 cents lower. natives 3.25 4.30. westerns 3.25 4.30. yearlings 4.30 5.65. native lambs 4.50 7.10. western lambs 4.50 7.25.
ST. LOUIS August 26 cattle receipts 4300 including 2000 Texans market steady native beef steers 5.50 10.60 Texas and Indian steers 3.50 1.00 cows and heifers 5.50 6.26 calves in carload lots 5.50. Hogs receipts 6000 steady pigs and lights 7.10 9.00 mixed and butchers 8.75 9.00 good heavy 8.75 9.00. Sheep receipts 2600 steady native muttons 5.25 7.00 lambs 3.90 5.00.
Cattle receipts reach 19000 with 3000 southern head. Native steers 6.50 to 10.50, southern steers 5.75 to 6.75, southern cows and heifers 3.25 to 5.25. Hog receipts 3000 up 10 cents with sales 6.60 to 8.76. Sheep receipts 10000 about 10 cents lower. lambs 6.00 to 7.00, muttons 3.50 to 4.25, wethers and yearlings 3.50 to 5.23, ewes 2.00 to 3.76.
Weather report from San Antonio Texas August 26 Weather for Houston district stations covers 24 hours ending 8 oclock this morning 76th meridian time Lowest temperature recorded in last 12 hours Weather generally fair temperatures above normal Rainfall of an inch or more in Golboro N C Batesburg S C Mebville local forecaster Allen Buell notes the data from the Weather Bureau shows calm conditions overall.
Chicago market update shows butter steady with 27 14 to 25 daisies 21 23. eyes steady with 98 44 cases on hand. Cheese steady with daisies 15 14 and Young Americans 15. longhorns 15. Potatoes listed as irregular with Minnesota 62 57 Illinois 50 55 Wisconsin 53 58 Jersey 88 90. Poultry prices include turkeys 12 and chickens 13. springs 16 49. Veal steady at 9 17.
Kansas City notes butter at 24c for creamery firsts 22c seconds 20c packing stock. Eggs quoted with extras 22c firsts 21c packing stock 14c.
ST. LOUIS, Aug. 26. Poultry steady with chickens at 6c per pound for ice springs, turkeys 17 to 19c, ducks 9 1/2c, geese 6 to 10c. Butter quiet at 23 2c creamery. Eggs firm at 18c.
New York reports eggs steady with receipts totaling 12,889 cases. Fresh gathered extras sell at 25 to 26 cents per dozen.
Galveston report lists Army steamers Quernmore Tampa Ramazan Branco lmla Jura Rotterdam sailing Atlantis Puerto Barrios Caye Romano Havre via Newport News with notes on destinations and routes.
In New York on August 26 coffee futures held steady with No 7 Rio and Ad4tec listed as steady. Sept futures closed at 11.56 per unit and Neerak at 12.10, indicating unchanged levels for the day.
Chicago prices show mixed early gains with September wheat at 94 and corn at 72, while oats touch 32. Provisions climb with pork at 19.15 for January and lard near 10.80. News of cooler weather supports sellers, while threshing progress dampens wheat strength.
Chicago prices for cash grain show Wheat Nos 2 red 1.056p, No 2 hard 95 96c, No 1 northern 99c, No 2 northern 95 9ic, Velvet chaff 90 95c. Corn No 2 79 80c, No 2 white 80 80c, No 2 yellow 80 80c. Date No 2 white 24 32c, Standard 33 3c.
Quotations today show wheat prices for No 2 hard 89 982c No 2 red 98 1 02 mixed 78 78%c white 79%c oats No 2 white 34% 35c No 2 mixed 34% 35c corn Sept 45 1/4 Dec 51% May 50%c soy not listed.
Aug 26 report shows pig iron for 1913 shipments rapidly purchased since Aug 1 with 675000 tons sold including 276000 last week. Major buyers include radiator and agricultural implement firms, locomotive works, car shops, and railroad equipment makers. Steel ingot output and railroad equipment orders rise with several railroads ordering tens of thousands of jobs for 1913 delivery.
New York opened steady with a 5 to 9 point decline on lower Liverpool cables and bearish crop accounts. Trading cooled, prices hovered near the open, with midday quotes 5 to 7 points lower and active months about 13 points net lower amid liquidation and Southern offerings.
New York cotton futures opened steady with front months around 11.17 to 11.38 cents and nearby contracts showing varied activity. The market closed steady to easy with prices in the 10.93 to 11.29 cent range across several months and a range of highs and lows noted.
Cotton futures in New Orleans opened steady with a slight decline of five to seven points amid good weather and crop reports. Traders noted bearish spot demand and ample new crop offerings, while gains emerged late morning as shorts bought and absence of Texas rains limited upside.
New Orleans reports cotton futures opening steady with Jan at 11.34 and March 11.46 up to 11.55 57 for May and 11.37 11.32 34 11.27 28 11.91 32 for later months. Close shows a net decline of about 26 to 27 points amid tame activity and mixed prices across contracts.
Closing cotton in Liverpool shows a quiet market with prices in points lower. American middling fair 7.38, good middling 6.98, middling 6.58, low middling 6.34, good ordinary 5.86, ordinary 6.38. Sales total 6000 bales with 500 for speculation and export including 6500 American. receipts 3000 bales, including 2600 American.
Futures in Liverpool opened quiet and closed steady with the August contract at 6.36. The near curves show a sequence of small shifts across August through July contracts, with values around 6.07 to 6.12 and minor changes in each successive spread.
Leading spot markets in New Orleans close quiet with prices largely steady. Middling cotton trades around 11 1/2 cents with various grades quoted and 89 bales sold on the spot. Receipts total 86 and stock stands at 22,740.
Spot cotton closed easy with prices listed across grades from low ordinary at 6 3/4 cents to good middling at 11 3/4 cents. Amlets stock and shipments figures appear: 8877 stock and 2510 shipments, with 641 noted in the report.
Spot quiet with price tiers listed from low ordinary to good middling. Spot sales total 1426 bales f o b 1055, stock 79583, receipts 16629.
In Memphis on August 26 spot cotton traded quietly with prices unchanged for middling grade.
Cotton seed products in Memphis on Aug 6 show oil on prime basis at 5.34 6.47 dollars per unit, meal priced 26.50 27.00, and linters at 3% 4 cents. Producers and buyers note market movements for the day.
New York August 26 Cotton seed oil clogs higher on spot bids with values around 6.40 to 6.65 for various contracts including Aug Sept Oct Nov Dec Jan Feb. About 7700 total gallons sold across several lots with prices noted.
Meyer Friedman transfers lots 11 and 12, block 8, Macdvlene Terrace for 5354.84 to C Fawcett. C Thorman transfers lots 6 and 33, new city block 2021, Indiana Avenue to W Castle for unspecified price. J H Kirkpatrick transfers lots 40 and 41, block 3, new city block 3615 Thomson Place to John Ledrott for 500.
L Smith repairs remodel on West Commerce street for 2000 dollars. Amelia W Jos seeks a three room addition on Pine street valued at 700 dollars. A National Bank vault on Main plaza and Robert Sledge plans a four room dwelling at Indiana and Dreiss streets.
Raw sugar and centrifugal markets hold steady with minor price listings. Molasses and muscovado show stable tones while refined sugar remains steady. petroleum stays quiet and steady.
The Commercial Appeal reports this week that cotton conditions are generally favorable but showing more complaints as maturity nears. Drought hurts Texas and North Carolina, boll weevils rise in Mississippi, and harvest timing is postponed by about two weeks across regions while cultivation nears completion.
Goods buyers wait for near term deliveries as raw cotton prices ease. Trade in secondary channels broadens with hopeful exporters and retailers reporting larger bills and a wide selection. Prices show print cloths 4c, denim 18½c, tickings 6c, ginghams around 6–9c, with staple prints at 5½c.
In New York on Aug 26 copper held firm with Standard spot to October at 17.37 to 17.62 and spot at 17 percent. Tin quiet around 16.62 for August and September at 46.10 to 46. Lead firm at 4.60 to 4.75. Spelter and antimony quiet. iron prices listed for No 1 and No 2 northern grades and No 1 southern variants.
In St. Louis on August 26 lead rose to 4.75 dollars while spelter weakened to 97 and a half cents per pound amid market shifts.
New York August 26 Canadian Pacific and coppers showed varying strength at the market open with Canadian Pacific up 1 percent then dropping over 3 points from the early gain. Reading and Union Pacific declined modestly while rail shares weakened. Bonds were irregular and the market remained dull with a late day decline.
Prime mercantile paper stands at 5.5 percent with firm exchange and bills at 4.34.60 for 60 days. Bar silver quotes at 62 and governments and railroad bonds remain firm or irregular as trading closes.
Money on steady, 2% 3 per cent ruling rate at closing bid 2%2c offered at 2%ec. Time loans steady, 60 days 3% per orive days, 4 1% per cent, 6 months.
In Dallas area showers sweep northern and eastern Texas with clearer conditions elsewhere. Temperatures range from 77 to 91 degrees as August weather persists.
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