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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Feb 05, 1912
Page
7
Eggs steady and slightly higher despite cold in Southwest Texas. Receipts were liberal as warm weather boosted laying, with shipments to Kansas City, Dallas, Houston, and Fort Worth. Prices slid a dime week to week, but near term gains expected as cold curtails supply and storage stocks clear.
AP reports today mixed commodity quotes in Chicago with creamery products firm to steady and eggs at 26 86c per dozen. Cheese steady with Daisies 17½c Twins 16¾c Young Americas 17¾c Longhorns 17¾c. Potatoes steady with prices 1.05 to 1.10 dollars. Poultry firm Turkeys 13c Chickens 12 4c Springs 14c Veal 50 to 60 pounds 10c. Receipts 2259 cases at market.
A terse Associated Press report from New York states Egegs showed strength with fresh extras at 44 4ic and 43 36c for dirties while o checks traded at 30 32c, reflecting early game day action and wagering figures.
Prices for butter quoted in Kansas City on February 5 show creamery firsts at 34 cents and 32 cents for seconds, packing stock 24 cents. Extras 36 3/4 cents, firsts 34 cents, seconds 31 cents.
Quotations from St Louis on February 6 show poultry steady with chickens 11c, springs 12c, turkeys 18c, ducks 13 8c, geese 8c. Butter creamery 39c, eggs 37 4c.
The Associated Press reports New York trading on February 5 with Rio coffee No 7 futures closing steady. March futures at 12.92 and May at 12.90 reflect little change in price.
New York market report shows raw sugar firm with Muscovado 89 test at 3.90 cents and 96 test at 4.40 cents. Molasses sugar 89 test at 3.65 cents. Refined and petroleum markets steady. hides steady. Central America 23 and Leather firm.
Prairie Oil and Gas Co raised the crude oil price by three cents to sixty cents a barrel citing rising demand on reserve stocks and falling production leading the move today in Kahs. February 56.
In Memphis on February 6, the prime basis in pil is 4.63 64 cents per unit, meal at 24.50, and linters at 2 31 percent.
Associated Press reports New York price activity with bid quotes for February at 6.45 and 4.44 for March, spot sales totaling 15 000 units across months from February to September, with varying bids and sales levels and overall volume described.
The cotton goods markets have grown stronger in the past week with slight advances and broader demand. Buyers are securing more contracts and paying current ask prices as retailers show need for immediate merchandise. Demand remains steady for spot delivery and finer grades, with wide heavy cottons and colored yarns in steady call.
A fragmented note shows bid and price observations for several markets including New York New Orleans Houston Galveston with values around 5.77 9.90 4 and 10 percent references. The text appears partially garbled but implies steady or quiet trading in listed spots.
Memphis cotton market reports spot prices steady with middling cotton at 0 %qc and no change for the day. Market observers note stable demand and current price level across the region.
ST LOUIS February 5 receipts and quotations show cattle 3300 with Texas 600 steady up ten cents native beef steers 4.75 to 8.50 cows and hunters 3.00 to 6.75 stockers and feeders 3.00 to 5.60 Texas and Oklahoma steers 5.00 to 7.00 cows and heifers 3.00 to 5.00 calves in carload 5.00 each hogs 6000 market up twenty cents pigs and lights 4.75 to 6.50 mixed 6.35 to 6.60 good heavy 6.35 sheep 5000 market steady native mutton 3.75 to 4.75 lambs 5.00 to 6.75.
Union Stock Yards reports a solid market with cows at 4.50, calves 4 to 4.50, and hogs 6 to 6.10. Total receipts 337 head including cattle, calves, horses and mules, and a few hogs.
The Texas Cattle Raisers association selects Marian Sansom and four others to head the arrangement committee for the 1912 Fort Worth convention. Spiller urges San Antonio stockmen to attend as 10000+ are expected for the convention and fat stock show. The Mystic Knights of Bovinia promise elaborate entertainment while markets show favorable tones despite recent drops in some cattle grades.
Cattle receipts 2800 with steers 4.50 to 5.65, stockers 3.65 to 5.15, cows 8.00 to 5.25, bulls 2.85 to 4.65, calves 4.75 to 6.60. Hogs receipts 250 head up 10 cents. ton 6.60, bulk 6.00 to 6.40. Sheep receipts 150 head, market steady.
Receipts show 13 500 cattle with mixed gains across classes led by Reeves at 4.25 to 8.60 and Texas steers 4.70 to 5.90. Hog receipts 24 000 with slow market and gains to 10 cents. light hogs 5.90 to 6.30, heavy 6.05 to 6.45, bulk 6.20 to 6.35. Sheep receipts 26 000 with market strong to ten cents higher. native lambs 4.50 to 6.20, western lambs 3.60 to 4.85.
Cattle receipts 8000 with 600 southern, prices higher by up to 15 cents. Native steers $5.50 to $8.25, southern steers $5 to $6.50, stockers $4 to $6.75, bulls $3.75 to $5.50, calves $3.75 to $7.50. Hogs receipts 8000, market up 10 cents. bulk at $6.00 to $6.35, heavies $6.30 to $6.40, lights $5.75 to $6.25, pigs $4.50 to $5.60. Sheep receipts 8000, market up 10 cents. muttons $3.50 to $4.75, lambs $5.25 to $6.25, wethers and yearlings $3.75 to $5.75, fed ewes $2.75 to $4.10.
New York spot cotton markets end quiet with prices down 10 points. Middling uplands at 9.90 cents per pound and middling gulf at 10.15, with no sales reported.
New York stock activity opened with modest gains led by Missouri Pacific and Wabash preferred. Market pressure grew midday as rumors of large cotton contract sales and profit taking on major lines emerged, leaving prices mostly lower by noon and closing easily after a cautious session.
The report notes steady sterling exchange and active business. Nankore bills quoted at 4.84 50 for 60 day and 4.87 46 for demand. Commercial bills at 4.83 75. Bar silver at 58. Mexican dollars valued at 47 cents. Government and railroad bonds described as firm and regular.
The Associated Press reports money on call held steady in New York with a ruling rate of 2 percent and closing bids at 2 percent. Time loans were easy with quotes of 60 days at 2 percent, 90 days at 2 percent, and 5 to 6 months at 3 percent.
Chicago trading saw mixed moves as wheat fell from early gains to 1.03 a bushel for May, corn weakened to around 68 1/2 cents, and oats declined. Hog futures gained with May pork at 16.36, while export demand remained absent and cash demand stayed slow.
Market summary lists wheat prices for No 2 red No 2 hard No 1 northern No 2 northern No 2 spring velvet chaff durum with varied cents and percentages. Oats quotes include No 2 No 2 white standard values with multiple fractions and decimals.
Quotations list cash wheat and corn prices with no. 2 hard and red wheat around 1.09 to 1.10 percent, corn at 68 to 69 cents, white and mixed varieties noted. Futures close quotes show May and July wheat around 1.024 and 94 1/2 cents, corn May 69 1/2 cents, July 67 1/2 cents.
Quotation list shows cash wheat at No 2 red 1.01 14 dollars and No 2 hard 1.03 13, corn No 2 64 65 cents, No 8 white 66 cents, oats No 2 53 cents, No 2 white 53 cents. May wheat 1.01, July 1.09?. corn May 69 cents, July 68 1/2. oats May 62 1/2, July 46 1/2.
January contracts for finished steel reached about 1.7 million tons with railroads contributing 700,000 tons. Pig iron production in 1911 dropped 18.3 percent to 23,649,844 tons. U S Steel produced 12,760,000 tons of ingots and 10,216,000 tons of finished products. Canadian and U S locomotive orders noted, with prices rising on pig iron from southern furnaces.
Cotton opened barely steady with a 3 to 9 point decline on lower Liverpool cables and active ginning. Over Sunday selling orders were widespread but buying activity soon steadied the market. midday prices hovered near 9.81 for May as nerves persisted and spot markets remained quiet.
New Orleans Feb 6 Cotton futures opened steady with a 7 to 8 point decline on weak cables. General selling followed the view a downward reaction was due, but weather across the belt remained favorable though cold and dry. Bears foresaw heavy movement this week. end of first half hour saw 10 to 11 points under Saturday’s close. futures closed 17 to 22 points lower.
The report shows steady openings with February 10 and March 10 bids, and a series of month bids including May 10.20.21, July 10.31, August 10.26, and December 10.22, highlighting changing demand and price expectations.
Spot cotton values held firm with American middling fair at 6.41 and good middling 6.08. Daily sales reached 12 000 bales, including 11 100 American, while receipts totaled 4 000 with 8 500 American. Futures opened softer and closed easy with nearby spreads quoted from 5.46 to 6.62.
New Orleans facing mixed signals as the cotton market weighs a recent rapid advance. Traders anticipate a reaction with many forecasting lower prices while bulls prepare for potential short covering and investors monitor Liverpool demand and domestic spot markets for signs of oversupply.
J R Wood begins production of a new San Antonio classified business phone directory named Wood's Red Book. Six workers started today to compile a three times yearly publication that will list business names with new and old numbers for distribution to subscribers of the two local telephone companies.
A theft occurred last night between 10 and 11 o'clock. Two physicians reported losing hand satchels containing surgical instruments. A liberal reward is offered for return to Dr. S. Burg, Conroy building.
J J Kercheville attorney offers to trade equities in listed properties for a farm. Four lots in Laurel Heights Terrace plus houses and lots on Cincinnati and Garza streets totaling several parcels. Address 508 Alamo National Bank building.
Monday hints to the housewife report very scarce fish and oysters with a firm market. Eggs at 35 cents a dozen and plentiful hens but steady springs. Fruits and vegetables show wide price ranges with beans tomatoes celery high due to scarce supply. general meat prices steady to lower on pork.
The wealthy London actress returns to her mansion after a triumphant night while a shabby admirer ponders her fame. A poorer girl, envied as “lucky,” watches from afar as stars glare down and a dead man in a churchyard grave alters the tale. The ending hints a ghostly clasp between the two lives.
A long hotel arrivals list names guests staying at St Anthony and Savoy including W. G. Wood Kansas City George W Hanway Dallas H A Graskaph Toledo Mr and Mrs J R Sharp Kansas City John L Miner Dallas Dan M Jackson El Paso FE F Strube Fort Worth and many others from cities like Chicago Dallas New York Houston St Louis San Diego Los Angeles and Mexico City in a mixed roster of travelers and residents.
County Tax Collector John Bitter and staff are occupied with opening letters and crediting property taxes, delaying the final poll tax tally. Bitter expects about 300 voters in Bexar county this year and sees little change from early figures.
Two tons of dynamite exploded in a railroad power magazine at Jaudon Missouri on February 5. Windows shattered for miles but no injuries were reported.
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