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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Dec 04, 1911
Page
9
Argentine conditions continue to dominate American grain markets with prices down though onions advance 10 cents per hundredweight for firm trade. Markets report light supply to San Antonio and growing demand for onions while grape and potato prices edge higher amid heavy movement and a perceived temporary surplus.
Fresh country candied ec and cold storage quotes indicate mixed demand. Creamery prices around 23 cents a pound with various small fluctuations. hens at six dollars a dozen, springs at two to three dollars, turkeys up to twelve cents per pound. Duck prices listed. granulated sugar valued at six eighty per hundredweight. Diverse cheese prices noted with Swiss and Limburger ranges. overall market firm with some weakness in certain lines.
Quotations today show creamery products steady with creamery at 28 to 36 cents and firsts 25 to 30 cents. Daisies, Twins, Young Americas, and other eggs hold around 15 to 15 1/2 cents. Turkeys and chickens remain steady with 50 to 60 pound weights noted.
The Associated Press reports egg prices in York on December 4 with fresh gathered extras and firsts priced around 42 to 40 cents per dozen, refrigerators at higher rates, and variations to 21 to 26 cents for seconds and other grades.
Quotations today show creamery at 34c, firsts at 32c, packing stock 21c and extras 33c. A separate listing notes steady prices for chickens 8c and geese at 844c with ducks firm and creamery at 26 to 35c.
Raw sugar and molasses hold steady while the market remains quiet. Sugar futures show 89 test and 4.44 cents, molasses 89 spot steady. Butter firm at 36 cents with minor variations noted. output reported at 626,400.
A very heavy pig iron order was placed under way last week with pressure near demoralization as prices for foundry and basic iron fell. Mrs. W. H. Hanna and New York guests at the key will stay in San Andal days. McNelly, a merchant, is stopping at the Gunter.
At Union Stock Yards on December 4 about 1463 animals were received 1108 cattle 30 calves 8 horses 26 hogs and 141 goats. Prices favored common grades with ex choice western cattle selling up to 3.76 per cwt and calves to 4.26 while cows averaged around 3.00 and hogs around 5.75 to 6.50 per cwt. Goats remained unsold at noon.
Albert Hackney of Gillette Texas notes a demoralized fat cattle market as feeders plan slowdowns. San Antonio official M D Stoner predicts heavy dipping continues, with fever tick combat focus shifting to transient stock. Local stockyards report varied car lots from Devine to Fort Worth and other routes, including horses and mules moving to San Antonio.
The November report from San Antonio Union Stock Yards shows a overall shortage of 6 575 head versus last year, with cattle up 574 head while calves down 2 803, horses and mules down 699, hogs down 789, sheep down 1 072, and goats down 786. The document notes the gains and losses across divisions and lists Porter of St Louis registered at Losoya.
Fort Worth livestock prices show steers steady at 3.85 to 5.00 with hogs a dime lower and calves steady at 3.66. Receipts total 6700 cattle and 660 sheep with sheep market strong and top hogs around 6.50 to 6.40.
Receipts for cattle estimated at 28 000 with prices ranging from 1 90 to 9 15 for beves and 4 19 to 5 75 for Texas steers. Hogs at 44 000 receipts with most sales 6 15 to 6 40 and a few top lines. Sheep receipts 40 000 with steadier to ten cents lower and native lambs quoted around 3 15 to 6 00.
Receipts and quotations show cattle hogs and sheep steady in Kansas City. Cattle ranges include native steers 5.25 to 9.00, southern steers 4.00 to 6.50, cows and heifers 2.75 to 7.00, stockers 3.75 to 5.75, bulls 3.25 to 4.75, calves 3.50 to 7.00. Hogs see sales 5.80 to 6.25, heavy 6.25 to 6.35, packers 6.10 to 6.30, lights 5.60 to 6.20, pigs 4.00 to 5.25. Sheep run 12,000 with muttons 3.38 to 4.00, lambs 4.00 to 6.00, range wethers 3.00 to 5.00, ewes 4.00.
Receipts total 6000 cattle including 1600 Texans with market steady. Native beef steers 4.50 to 9.00, cows and heifers 3 to 7, stockers 3.25 to 5.25, Texas and Oklahoma steers 5.75 to 6.75, calves 4.50 to 7.50. Hogs receipts 13,000 market steady with pigs 4.50 to 6.15, packers 5.75 to 6.25, heavy butchers 5.90 to 5.75. Sheep receipts 4000 market strong, muttons 3.00 to 3.75, lambs 4.25.
Fine weather in Argentina signals a price drop for wheat with May contracts opening down and trading around 99 1/4 cents. Corn and oats eased as light trade persisted and US visible supply figures pressured grain values. Pork and rib prices held steady with small pit offerings noted.
The Associated Press reports Chicago quotations for wheat and oats with No 2 red at 96 98 cents, No 1 northern at 1.67 1.09, No 2 spring at 0 0, and oats values around 50 to 49 cents a bushel.
In New York on December 4 the cotton market opened steady to up two points as bears liquidated and bulls covered. Cables and English spot sales aided early strength while midday trading held prices about 4 to 10 points above Saturday close. Southern spot steadiness supported the advance with quiet buying and foreign-backed support. middling uplands around 9.25 cents.
Cotton futures in New Orleans opened steady with a 4 point to 2 point range, as a crop bureau estimate of 15,000,000 bales spurred early selling. By noon active months showed a 5 to 7 point gain over Saturday's close, despite bearish sentiment after the crop report of 12,800,000 bales ginned by November.
New Orleans December 4 reports cotton futures opening steady with December at 8.88 bid and several nearby months listed: January 8.81 82, March 8.85 86, May 8.93 94, July 9.03 bid, August 8.93 9.01.
New York December 4 The cotton goods market shows instability and a holiday lull with fair overall trade. Revisions in wide sheetings and bleached cottons occur while 4x4 muslins fetch low yard prices. Merchants foresee lower values for a time and anticipate more activity from large distributors in the coming month. China reports stagnation but export trade remains healthy. Fall River sold 160000 pieces of print cloth with 75000 for spot delivery due to the holiday.
December brought a shift in the money market with a pause in stock activity and price declines. Repeated demands and dwindling supplies pushed call loan rates higher as lenders faced tighter credit and shifting loans amid political concerns.
New Orleans on December 4 reports spot cotton firm with no change. Sales on spot 466 bales to arrive in 1950. Quote ranges include low ordinary 5% to good middling 9 11-16 with various strict and nominal categories. Receipts total 13,895 and overall stock 224,556 bales.
Close spot cotton in fair demand with slight declines. American middling fair at 5.59, good middling 5.23, middling 6.01, receipts 10,000 bales including 3,500 futures. 6000 for speculation and export, 11,700 American. Futures opened and closed steady with varied forward price quotes through December to November.
New York December 4 spot cotton market closed quiet with gains of five points. Middling uplands priced at 4.30 and gulf at 9.55. Total sales reported at 2911 units.
Houston December 4 spot cotton market remains steady with middling offers reported at 9 cents. Buyers and merchants keep cautious stance as fiber prices show little movement across grades and bale counts.
Liverpool stock report lists Brazilian 14637 Egyptian 28430 Peruvian 28155 East Indian 297 West Indian 2547 African 3833 total 64829. The figures cover Brazilian Egyptian Peruvian East Indian West Indian African cotton stocks in Liverpool as of Dec 4.
Prices for prime beans oil at 4.46 47c, meal 24.75 dollars, linters 1% 3% 4C in Memphis market report dated December 4.
AP dispatch from Chicago notes today’s receipts: Wheat 26 cars with 2 contract grade, Corn 434 with 3 contract grade, Oats 111 cars. Total wheat receipts at Chicago Minneapolis and Duluth reached 936 cars, versus 1092 cars last week and 733 cars on the same day last year.
Prices for cash wheat No 2 hard 99 to 105 cents, No 2 red 95 to 96 cents. No 2 mixed corn 61 to 62 cents, No 2 white 62 to 63 cents. No 2 white oats 49 to 49 1/2 cents. December wheat 97 1/2 cents, May around 1.00, July about 1.00. December corn 63 1/2 cents, May 64 cents, July 63 1/2 cents.
Classified notice from 1751 Light seeking a male or female partner to take charge of a first class business. Share of $500 is requested and the applicant must be willing to handle the business operations.
Quotations today list cash wheat and corn prices with futures for December and May. The river Jordan is described as the most rambling stream, winding 213 miles over a 60 mile distance.
Members consider a short three day trip during the fair month with tentative destinations including Laredo or Brownsville. Brownsville hosts three days named Dallas day Houston day and San Antonio day during mid January with a larger emphasis on San Antonio. The final plan awaits committee decision after weekly canvassing.
New York December 4. Cotton seed oil closes steady to firmer across contracts with seven active months from December to July posting values around 5.35 to 5.67. Trading activity shows 13,100 total sales including scattered Dec January March and May contracts.
E H Dewes of Muskogee Oklahoma arrives at the Losoya while investigating a land proposition in the section of Texas. Buckhardt a Fort Worth businessman stops at the Losoya. De Sle Freeman a Austin businessman registers at the Gunter.
Irregular movements marked the opening of stock transactions in New York with pressure on speculative issues and mixed early results. American Tobacco lead gains amid general weakness while Southern rail stocks and Canadian Pacific slipped. momentum improved near closing aided by lower call money rates.
New York reports close mercantile paper at 4 percent and sterling exchange steady with bankers bills at 4.83 for 60 days and 4.86.15 for demand. Commercial bills quoted 4.8244 and bar silver at 554 percent. Government and railroad bonds show steadiness and irregularity respectively while money on cash remains firm. Time loans hold at 4 percent for 60 days, 4 percent for 90 days, and 3 to 4 percent for six months.
Lead held at 0.274 on a steady market while Spelter remained firm at 6.85 as of December 4 in St. Louis.
Police report no trace of the jewelry stolen from Mr. and Mrs. R. B. Hamilton at the Alicedale apartments 827 Avenue C. Friday night. Investigators say professional crooks are likely, with no clues found and no progress in the case. Supper was at 6:45 and the trunk was opened after the Hamiltons returned.
F. S. Terry of Corpus Christi and R. N. Sparks of Yoakum linked with Wells Fargo agency are under investigation by San Antonio officials in a case involving express shipments.
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