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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Feb 01, 1912
Page
9
The market shows softer pricing for eggs and butter with hens laying as spring arrives. Local chicken sales ease to 28 cents a dozen, butter drops to 18–19 cents for country and 30 cents for creamery, while citrus from California fears 60% crop loss. Tomatoes scarce, Mexican varieties arrive, and celery plus mixed California vegetables arrive in four carloads to George Bgicovich & Co.
Prices to the trade for vegetables fruits canned goods and meats vary by item. Potatoes Idaho $2.50 to $2.75 per hundredweight. sweet yams $2.15. white yams $1.76. cabbage $2.10. peppers $1 per basket. onions $3.00 per hundredweight. cucumbers $2.50 per bushel crate. tomatoes $2.50 per four-basket crate. kraut $3.25 per half barrel. cranberries barrel $13.14. oranges California navels $2.75. grapefruits $5.50. lemons $4.50 to $5.00. apples per box $1.40 to $2.25. coconuts per hundredweight 7. Country produce prices include butter 18-35c per lb. poultry fryers $2.75-3.75. hens $3.60-4.25. eggs 29-38c. nuts listed with several per hundredweight or per pound prices. canned goods apples $1.75. peaches $2.15. pears $1.90. meats and lard include bacon and ham prices. rice and hay prices. seeds with numerous per unit prices. sugar and coffee price ranges for retail.
Feb 1 Union Stock Yards reports light receipts with fed cows selling at $4 while demand remains strong for high quality red stock. Calves reach $4.75 and hogs up to $6, but overall activity is limited with few offerings in cattle, hogs, and no sheep or goats on market.
Cattle receipts at leading packing centers fell with 6500 head in Chicago, 3500 in Kansas City, and 2500 in St. Louis. Hog prices dropped a dime to 15 cents. overall weekly consignments grow large while prices slip from 7.40–8 to 6–6.25. Llano stockman J C Stribling arrives optimistic about livestock conditions and a spring market rebound. Other traders from Texas and Gallagher ranch join the Southern hotel crowd.
Quotation snapshot shows butter and cheese prices with butter creamery ranges from 29 to 36 percent, cheese steady for daisies and twins, potatoes strong with prices from 1.00 to 1.05, poultry easy with turkeys 13c and chickens 11c, springs 13c. Receipts total 1179 cases.
Quotations today from the Associated Press report show butter at six cents for creamery, firsts eight three, seconds eighty two, packing stock twenty three and a half. Eggs list extras thirty six, firsts thirty three, seconds twenty three.
On February 1 in St. Louis quotations show chickens at 11 cents, springs 12, turkeys 15, ducks 13.5, geese 8 cents. Butter weak with creameries at 27.80, eggs down to 84 cents.
New York market brief lists price ranges for fresh produce with extras at 40 cents, dirties 32 cents, and fresh gathered checks prime 27 to 28 cents amid February trading.
By Associated Press report from New York notes raw sugar and refined varieties steady with Muscovado at 3.89 and 96 test at 4.39. Molasses sugar 9 test quoted at 3.64 cents. Petroleum, molasses and hides also steady while leather remains firm.
The report notes a steady wool market in St. Louis on February 1 with full descriptions of grades including medium regen, fens, and cloth yields. Prices listed range around 12.160 to 16.0 for various fineness and wash types, indicating light to heavy finishes.
Beef steers rose about 10 cents with active bidding. Receipts totalled 1700 cattle and 1750 hogs as prices ranged with beef steers from 4.60 to 6.50, cows 3.65 to 5.30, bulls 3.00 to 4.65, calves 4 to 5. Hogs topped at 6.66, most between 6.00 and 6.40. No sheep were offered.
Kansas City cattle receipts 3500 with native steers 5.40 to 8.26 and southern cows 3.00 to 5.00. Hogs 11,000 with bulk 5.90 to 6.26 and heavy 6.20 to 6.30. Sheep 5000 as market weak with lambs 6.00 to 6.65 and yearlings 3.60 to 6.60.
Receipts and quotations show cattle at 6500 head with steady to strong market, hogs 4600 head and generally five cents lower, sheep about 16000 head with steady market. Beeves and steers listed with price ranges, hog categories include light to heavy and pigs, sheep show native and western values.
Receipts totaled 2500 cattle including 600 Texas and Oklahoma steers with native beef steers $4.76 to $8.50 and stockers $3.00 to $6.50. Hog volume hit 10,000 with prices five cents lower, pigs and lights $4.00 to $6.45 and good heavies $6.25 to $6.465. Sheep receipts 3500 with native muttons $3.75 to $4.76 and lambs $5.00 to $6.86.
The New York cotton goods market displayed mixed activity with major napped goods firms selling well at opening prices while others that cut prices saw less business. Some orders came for colored cottons for quick shipment, brown sheetings for China, and prints remained in strong demand for export.
London funds and bills show mixed results with Consols for money at 77 percent and 77 9-16 for the account. Bar silver steady at 26 8-16, money at 8 ½, short bills at 3 percent and three months bills at 37-16 percent.
Paris on February 1 reports three per cent rentes at 95f 5c for the account and London exchange at 25f 24c for checks with a private discount rate noted.
London reports that on February 1 the Bank of England received 23,000 pounds of bullion and prepared 200,000 pounds for shipment to an unspecified destination as part of a larger financial movement.
Rough rice stays active and strong, while clean grades hold steady. Quoted rough Honduras 2.50 to 4.35, Japan 2.50 to 4.00, clean Honduras 3% to 5, Japan 3% to 4%ec. Totals show Rough Honduras sales of 2838 at 2.60 to 4.10, Japan 1682 at 3.10 to 3.75, clean Honduras 2801 at 2% to 5%c, Japan 434 at 35-16.
In London trade on the spot market lead closes dull at 15 pounds 8d per ton notes Spelter down to 26 pounds 2s 6d while tin remains steady spot at 194 pounds 165s and futures at 192 pounds 68s per ton l.
In Chicago on February 1 large arrivals kept wheat heavy with May opening at about 1.02 and closing near 1.02% with declines. Corn firmed on buying with May at 68 and rising to 68% after a stronger start. Oats followed corn, hog receipts weaken provisions with May pork around 16.17 to 16.22, lard near 9.36 and ribs about 8.72.
Chicago market report lists cash wheat prices for grades No 2 red No 2 hard No 1 northern No 2 northern No 2 spring and durum with bids ranging around 99 to 114 cents per bushel. Oats quotes show No 2 No 2 white and standard around 51 to 52 cents per bushel.
Quotations listed for cash wheat with No 2 hard at 1.04 and No 2 red at 1.00. Corn No 2 mixed 69 and No 2 white 69. Oats No 2 white 52 53 percent and No 2 mixed 60 51 percent. Close figures show Wheat May 101 1/2 cents, July 94 1/2 cents bid. Corn May 68 68 1/2 cents, July 67 1/2 cents bid.
Quotations were given for Cash wheat and corn with various grain futures. Prices listed include No 2 hard at 4.03, No 3 white and No 8 white corn around 66 to 67, oats at 58 to 64, and May and July wheat and corn futures with fractional cents.
Market snapshot shows Liverpool steady at 5.60 with 14,000. New York quiet near 90 with 1,700. New Orleans steady around 9.5 with 1,700. Houston steady near 103.16 with 2,604. Galveston firm at 5.16 with 858 on hand.
New Orleans spot cotton steady and percent higher with sales on the spot 1700 and to arrive 526. Price levels shown for low ordinary through good middling and strict middling categories. Receipts 6260 and total stock 275316.
Spot cotton finished steady to higher in New York with 20 point advance. Middling uplands quoted at 9.90 and middling gulf at 10.15 as sales reached 8100 bales.
By the Associated Press Houston Feb 11 Spot cotton holds steady with middling prices around 10.5 cents as traders monitor week’s demand signals and fiber futures.
New York opened steady with a 3.5 point advance as higher cables and short covering supported cotton. By late morning trade grew firmer with 10 to 14 point gains, spot prices nominally $9.70, and bears covering on expectations of continued demand despite favorable southern weather. The Hardy & Co. failure had little impact.
In New Orleans on February 1cio futures opened steady with gains of 3 points aided by strong cables and heavy buying by spinners. Prices climbed to 21 26 points over yesterday's close by mid afternoon and closed up 17 24 points as markets stayed firm despite rumors of a major brokerage loss and English strike news.
By the Associated Press opened steady for February through December contracts with mixed quotes. Prices show February at 9.80 82, March 9.87 asked, May 9.98 94, July 10.04 05, August 10.00 02, September 9.96 08, October 9.94, December 9.98 10.
Closing cotton spot shows gains of 3 points with American middling fair at 6.24 and middling 56.60. Sales reach 14 000 bales, including 13 000 American for speculation and export. receipts 9 000 with 8 100 American. Futures open and close firm with various forward price points listed.
In New York on February 1 cotton seed oil closed firm with spot at 5.30 to 5.40. February contracts at 7.35, March at 6.35, April 6.47, May 6.57, June 6.62 and July 5.72. August 5.78 with Saprossier 5.81. Intermediate sales included 1890 March at 6.45, 800 May at 6.57, 1000 July at 5.78, 1100 September at 6.81. Total reported sales 3,100.
Major J. T. Dickinson, inspector general of the army, arrives at Fort Sam Houston at noon to inspect finances of the quartermaster, commissary and paymaster departments. He stays with Major William S S Scott. Colonel Treat leads a post review with Cols. Scott and Frederick observing units. Lieutenant Palmer returns from Iowa after his father’s death. officers extend condolences.
Stock at U.S. ports shows 1,395,513 bales on the current day, with 1,341,364 last week and 1,036,749 last year. Excess season totals reach 358,764. In Memphis on February 1, spot cotton remains steady with Middling at 9 1/2 cents.
Major Allen Buell, local weather forecaster, predicts the groundhog will see its shadow tomorrow February 2, signaling six more weeks of winter. He jokes about toying with the legend while noting climatologists cite recent warmth as supporting evidence for a lingering cool period.
The St Anthony hotel lists numerous guests arriving from cities across the nation and abroad. Names include Ed C. Laster New York H. H. Love Fort Smith Ark J B McCluskey Muskogee Okla M Lasker and daughters Galveston Thomas B Neely New Orleans and many others from Chicago Dallas Houston San Marcos and more. The roll calls travelers from diverse locations including New York Chicago Houston Dallas San Antonio and Salt Lake City among others.
New York stocks opened higher led by United States Steel Utah Copper Union Pacific and Lehigh Valley with Reading Interborough and preferreds also rising. The market pared early advances but later rallied closing strong as aggressive buying erased losses with Union Pacific and U S Steel recovering much of yesterday's declines.
John K. Hamilton who ran the mail at the St Anthony hotel for three years left for Los Angeles to start new business. Jules de Villeneuve formerly of the New Avenue hotel in Austin has taken the post vacated by Hamilton.
Fred I. Hall, after three years with National Lines of Mexico as chief clerk in San Antonio, becomes chief clerk for the Rock Island system in this city. J. E. Bell serves as commercial agent for Rock Island here. Hall is well known in San Antonio.
New York money on call remained steady at 2 1/2 percent with bids at 2 percent and offers around 2 1/2 percent. Prime mercantile paper quoted at 3 1/2 to 4 percent, sterling exchange firm at 4.84 1/2 for 60 days and 4.87 1/2 for demand. Commercial papers at 2.5 percent. bar silver at 68 1/4 cents. Government bonds steady and railroad bonds irregular.
In St Louis notes, lead slumps to slow pace with 415 level and 17 percent decline while spelter remains weak around 6.35 after 40 execution level.
A brief notice notes potatoes from Colorado reaching New York markets selling at five cents per unit. Cleaned and wrapped in tissue the product attracts buyers in the city trade.
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