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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Dec 08, 1912
Page
23
Farmers held onto corn amid a market downturn as traders noted rare judgment in marketing this year. Prices declined for weeks while growers delayed selling, then loosened selling in cash and futures. Weather favors shelling and receipts may rise. wheat trading was dull with slight losses. oats offerings increased and hog markets showed healthy demand. Investment exposed market soft spots.
Chicago quotations today show cash wheat ranges with No 2 red at 1.00 to 1.08, No 2 hard 86 to 87 percent, No 1 northern 87 to 87 percent, No 2 northern 85 to 86 percent, No 2 spring 83 to 84 percent, velvet chaff 81 to 86, durum 81, oats No 2 white 34 to 35, standard 88 to 89.
Kansas City daily grain quotations list cash and close prices for wheat corn and oats. Wheat No 2 hard 84 87 1/2 cents No 3 81 83 cents No 2 red 97 1/4 1.00 No 3 88 cents to 88 1/2. Corn No 2 mixed 46 cents No 2 45 45 1/2 cents No 2 white 45 45 1/2 cents No oats No 2 white 34 34 1/2 cents mixed 32 38 1/2 cents. Close: Wheat December 80 1/4 May 85 July 87 1/4 87 1/2. Corn December 45 1/2 May 46 4 cents July 47 1/2 47 1/2. Oats May 33 1/2 cents.
Quotations show cash wheat prices for No 2 red and hard and corn and oats. No 2 red 1.03 to 1.08, No 2 hard 87 to 90 cents. Corn No 2 47.5 to 48 cents, No 2 white 48 cents, other lines 38.5 to 39.8. Futures: Wheat December 88.5 cents, May 91 to 91.5, July 86.4 cents. December oats 32.5, May 32, July 32 cents.
In New York on December 7 the cotton seed oil market finished steady with spot trading from 6.20 to 6.40 dollars and forward months listed from 6.25 to 6.64. First to third calls show 1200 March at 6.36, 600 May at 6.47 and 1500 at 6.46, 600 July at 6.55 and 700 at 6.64, totaling 4500 barrels sold.
Raw sugar Muscovado 89 test at 3.55, centrifugal 96 test 4.05, molasses sugar 89 test 3.30. Refined sugar quiet with various forms priced 5.60 4.90 5.00. Petroleum steady at 8.50 per barrel. Hides in Bogota 29 80c and Central America 29 1 2c. Leather values steady with hemlock firsts 28 29c, seconds 27 28c, thirds 24 25c, rejects 19 20c.
Prime mercantile paper 6 percent, sterling steady. Bankers' bills 60 days at 4.80.60, demand 4.84.55. Commercial bills 4.80%4. Tar silver 64 1/4 cents. Mexican dollars 49 1/4 cents. Government and railroad bonds steady.
The week’s report shows a season to date movement of 7,794,047 bales, up from 7,645,357 last year and 6,615,424 two years ago. Total American mill takings reach 1,874,936 with increased northern and Canada demand.
Local commission men report no heavy loss from egg handling in Kansas City as prices fall just four cents a dozen this week. They dismiss talk of ten cent eggs by New Year and say warm weather kept hens laying longer than expected, keeping stock light in storage.
The Southern States Cotton corporation announces its plan to hold cotton off the market to stabilize prices. F H Day of Dallas reports 2000 bales shipped from Childress and 600 from Dallas, consigned to Bremen via Galveston. The group guarantees farmers 15 cents per pound, paying current market value plus stock to cover the difference.
H J White and Mrs Elizabeth Money. Carlos Duran and Mrs Olivia Morales. James Ernest Cavender and Gertrude Denson. Mike Saenz and Mabel King. Alfredo Beltram and Dorotella Rivas. Frank Joseph Kramer and Mary Mikech. Joseph E Charpenter and Mrs Rose Fields. Catarina Valdez and Angelita Martinez. Arthur Lewis Engelhardt and Antonio Domingo.
H. D. Neal applies for a six room house on Corpus Christi road costing 1750 dollars. D. J. Moran seeks a warehouse on Ninth street priced at 275 dollars. Reininger plans a five room house on Nolan street for 1450 dollars. B. Hernandez files a two room house on Colima street for 250 dollars.
List of automobile licenses includes 803T G P Trimble at 808 West Magnolia Avenue and 3040 W A Thurman in Von Ormy Texas. Also shows 025 Nat Davis at 163 East Trenton Avenue and 025-Nat Davis appears in entry. Wilhelmina Kotula at 319 Avenue.
To Mr and Mrs Louis Lieck on November 24 a girl. To Mr and Mrs Charles Pines on November 28 a girl. To Mr and Mrs John C Hahn on December 4 a boy. To Mr and Mrs Louis Gorin on December 6 a girl. To Mr and Mrs Clayburn Bouquet on December 4 a girl.
Lawrence Villiers of the National Housing Association praises Michael Mullen city councilman and ally of George B. Cox as a model tenement owner. He notes Mullen rents three room flats with private bath gas and water downtown for eight dollars a month and provides a flower garden playground and yearly gifts to female tenants including flowers candy and a turkey after consulting women tenants before new tenants are taken.
The Riverside Restaurant serves a big turkey dinner and chicken supper today with meals at 25 cents each. Dr. Martin Brumbaugh advocates a library for every Philadelphia public school.
Sweden’s pulp industry depends on about 72,800 tons of sulphur each year with nearly all of it sourced from Sicily. The note highlights a heavy reliance on a single regional supplier for essential industrial input.
A fragment notes juice from a freshly cut white potato applied to skin. It states the juice is frequently used and often removes something, but the exact effect is unclear from the readable portion.
San Antonio reports unusual market volume as farmers hold cash from strong crops and retailers expect record holiday trade. New York also notes brisk commerce, money rates high, and continuing shortages in dry goods with steady future orders and improving but uneven activity across sectors.
The Liverpool Corn Trade News reports global wheat and corn prospects. France sees generally favorable conditions with some unseeded land. Germany yields high but quality poor. Russia harvests satisfactory though roads hinder supplies. Roumania soft sowing conditions. Australia estimates 79.5 million bushels. India normal with favorable weather. Italy active corn and wheat buying. North Africa and South Africa show favorable to improving outlook.
Creameries report receipts totaling 2054 cases with fresh currents at 22 to 25 cents and butterfat firm. Cheese prices mixed with Daisies Twins and Young Americas around 16 to 17 cents. Potatoes steady with 45 car receipts from Wisconsin Michigan and Minnesota at 43 to 50 cents. Poultry market weak with turkeys 19 cents dressed and chickens 12 cents alive. veal steady 9 to 14 cents.
Quotations show Butter at 34 1 2 cents for firsts 32 cents and seconds 30 4 cents. Eggs list Extras 26 1 2 cents, firsts 24 25 cents, seconds 16 cents. Poultry includes Hens 12 2 cents, roosters 8 9 cents, young turkeys 18 cents, ducks 13 14 cents.
Poultry prices hold steady with chickens 9 42 cents and 11 12 cent springs. Turkeys 16 percent, ducks 12 percent, geese 11 percent. Butter steady at 28 36 cents in the creamery. Eggs firm at 26 cents.
New York on December 7 reports eggs steady with 2441 receipts. Fresh gathered extras sell at 368 cents, fresh gathered dirries 16 to 20 cents, and checks 15 to 18 cents.
Robert Taylor aged 19 from Oklahoma City attempted to pass an $8.20 forged check in a Twelfth street shoe store in Kansas City. He was arrested and sentenced to two years in prison by Judge Latshaw this morning. Mrs. H. Keith of Joplin is reported as 113 years old.
Costa Rica relies on banana exports as its primary economic driver, shaping national wealth, labor markets, and regional trade dynamics. The fruit sector anchors GDP, employment, and investment, influencing policy and development priorities across the country.
Enormous orders for candy flood San Antonio manufacturers and country stores as farmer boys invest crop proceeds in sweets. Prices stay steady for consumer goods though pecan candy rises due to pecan scarcity. Higher grade box candies surge while cheaper Christmas candies lead demand.
The American National bank of San Francisco notes California facing a strong fruit market with vast shipments by rail reaching 18 264 cars through November 21. Prune and raisin prices lag, while prune and raisin crops exceed ten year averages. hops walnuts and canned fruit shipments to Great Britain show gains.
Washington Times describes New York as a democratic Babylon where luxury hotels and grand cafes attract all comers. The piece notes that wealth or power do not bar entry and that only money for a night plus tips suffices. It emphasizes the city’s cosmopolitan appeal and social dynamic.
Inter-city motor service for freight and package delivery is being organized at several points in the United States, offering a new 25 cent per meal rate.
An estimate indicates the 1948 postal service will require 282,805,766 dollars in total expenditures, with a specific portion of 7,240,000 dollars likely to cover the overall postal operations for the year.
Union Stock Yards notes limited cattle receipts and steady prices. Best cows hit 4.50, calves 6.25, hogs about 7.50, with cattle around 4.00 and strong calf demand for butcher and feeder use. Fort Worth shows a surge in calf receipts, leading Kansas City and Oklahoma City in calf totals.
Cattle supply for Saturday about 1600 head with 300 calves. Most shipments Mexican and stockers. Demand for cows active and prices unchanged. Only two cars of beef steers yarded. Calves sold at unchanged prices. Hog market steady top 7.90, bulk 7.65 to 7.85. receipts 350. Cattle receipts 1500 with steers 5.40, cows 3.75 to 5.00, bulls 3.00 to 3.75, calves 5.26. Hog receipts 350, top 7.90, bulk 7.65–7.85.
Chicago livestock quotas show cattle receipts 500 with steady market and range of prices for beeves Texas steers western steers stockers and feeders cows and heifers calves. Hog receipts 13 000 with strong market at yesterday's average light mixed and heavy hogs and pigs priced. Sheep receipts 2000 with steady market native western yearlings and lambs priced across classes.
Cattle receipts 400 with market steady. Native steers 6.50 to 10.60, southern steers 4.50 to 8.00, southern cows and heifers 3.66 to 6.50. Hogs receipts 4000 with market steady. Bulk sales 7.50 to 7.70, heavy 7.45 to 7.75, packers and butchers 7.60 to 7.70, lights 7.50 to 7.65, pigs 6.25 to 7.00. No sheep.
Receipts totaled about 7000 cattle with 4400 Texans and 6000 hogs. Native beef steers ranged from 5.55 to 11.00, Texas and Oklahoma steers from 5.00 to 7.50, cows and heifers 3.75 to 5.00, calves in carload lots 5.00 to 6.50. Hogs markets were 10 cents higher with pigs and lights 6.50 to 7.70, mixed and butchers 7.56 to 7.90, good heavy 7.80 to 8.00.
New York December 7 1912 The Houston Oil Company of Texas presents its September 30 1912 balance sheet with assets including common stock intangible assets timber land investments oil and other properties current assets and beneficial interests. Liabilities list common stock preferred stock timber certificates beneficial interests current liabilities and miscellaneous items totaling 85 268 266 dollars.
Rough rice held steady with Honduras at 2.50 to 4.50 dollars and Japan at 2.75 to 4.00. Receipts totaled 3,426 rough and 2,440 millers. sales included 1,677 clean Honduras and 1,001 Japan at 3 5 8 to 3 7 1 6 cents per unit.
New York price action shows the coffee market down 5 to 10 points amid ongoing liquidation and sympathy with lower European and Brazilian markets. Rio and Santos cargos slipped with Havre and Hamburg steady to slightly lower. No. 7 Rio at 14 percent, closing muted after a volatile session.
New York traders fear the week as forecasts point to a crop around 14 million bales. The market remains nervous with expectations of the census and lint yield estimates set for Monday and Wednesday. Prices show strength but may pull back if the government reports exceed hopes.
New York Dec 7 the closing position of the cotton market shows the week ending today from 34 to 86 points lower versus the previous week. The report presents the week by week comparison and results.
Totals show cotton receipts since September 1 across ports including New Orleans Savannah and New York with figures for Avon Bor Brunswick Pensacola Port Arthur and Sabine Pass Jacksonville and Overland to mills and Canada. Estimated Southern mill takings and stock at interior towns are noted along with weekly brought into sight and deductions from receipts.
International and American cotton stocks shown by region and port. Figures cover Egypt United States Brazil and other exporters with totals for last year and current year. Stocks at US ports interior towns Liverpool and afloat for Britain are listed with prior year comparisons.
Net receipts at all United States ports for the week are 452,424. Last year the same week showed 464,312. Cumulative receipts since September 1 reach 5,874,008, versus 4,025,861 on the same date last year.
In New Orleans on December 7 cotton futures ended steady, with prices down 28 to 33 points from last week’s close. The market showed limited activity as traders assessed supply demand signals and end week positioning.
Liverpool cotton market reports fair demand with prices for American middling at 7.424 cents, good middling 7.084, middling 6.884 and lower grades around 6.70d to 6.24d. Daily sales reach 9000 bales with 1000 for speculation and export and 7100 of uncertain allocation.
Futures opened steady and closed quiet in Liverpool with December at 6.64 percent and varied near-months from 6.6384 for December January to 6.21 percent for October November, showing a stable trading tone through the period.
Leading spot markets show mixed middlings with New York at 12.75, New Orleans 12 percent, Houston 124, Galveston 12 percent, Liverpool 6.88 pence per unit, and Memphis 13 cents. The report lists several major ports and markets with varied pricing signals.
New Orleans on December 7 reports spot cotton steady at 12 1/2 to 13 1/2 cents for middling and higher grades. Sales on the spot total 820 bales with 11 319 bales received and 256 939 bales in stock.
Spot cotton closed quiet to good with prices ranging from low ordinary at 9 1/? to good middling at 12 1/2 cents. Offerings included 50 bales bought for F. O. B. Receipts totaled 27,275 bales while stock reached 490,118 bales.
Houston dec 7 The spot cotton market closed steady with no sales or shipments on the day. Shipments totaled 14 590 bales leaving stock at 151 811 bales while price ranges showed low ordinary 7 percent ordinary 8 percent and good middling 12 percent with middling and better at 12 to 13 cents.
New York spots in quiet trading on December 7 show middling uplands at 12.75 and middling gulf at 18.00 dollars per unit.
In Memphis on December 7 spot cotton held steady with middling grade at 13 cents. The market showed no change from the prior session, reflecting stable demand for the fiber.
In St Louis metal rates on December 1 show lead at 4.25 per unit and spelter at 7.20 with a 7.22 percent change noted. Market summary reflects price shifts for commodity traders and local buyers.
All grades of refined sugar remain unchanged at 4.90 per 100 pounds. Spot raw sugar holds firm with Centrifugal 3.85, Muscovado 3.55, and Molasses 3.30. European beet sugar eases, with December 98 6d, January 9s 6d, and May at 10s.
New York market notes copper remains near unchanged with lake and electrolytic copper around 17.62 to 17.87 per unit and casting copper about 17.25 to 17.87. Iron shows no change, keeping its steady level.
In St. Louis on December 7, lead remains quiet at 4.25 dollars per unit and spelter holds steady around 7.20 to 7.22 dollars with a modest spread.
Observations recorded at 8 p.m. on Saturday December 7 1912. The note lists readings taken at a given location with meteorological details for that time.
Stocks fluctuated with gains and losses across issues as traders pressed for sale amid liquidation and short selling. Despite money market ease and a weekly drain of about 6 million dollars, the surplus reserve rose by over 8 million, lifting sentiment at week end.
New York reports the weekly stock market standings with gains and declines across issues. The comparison to last week’s close details the mixed performance and notable movements among key securities.
Summary of the latest clearing house statement reports banks and trust companies inGreater New York with an excess lawful reserve of 3 015 200 dollars, up 8 073 150. Loans decline 42 048 000 to 1 847 060 000 while specie rises 429 000 to 293 250 000. Net deposits fall 40 061 00 to 1 645 608 000 and circulation grows 106 000 to 46 820 000.
The board of trade notes exports up by 13,005,000 with imports rising 11,859,500. Cotton from America and Egypt leads import gains, while manufactured goods show a decrease.
Noonday market report shows nominal time loans easing with rates around 6 and 7 percent. Terms include 90 days at 6 percent, six months at 4 percent, and six percent.
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