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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jan 12, 1912
Page
11
Winter cold curtails produce trade with fruit and veggie deliveries halted while meat markets show strong beef and pork demand. Collins Gardens reports light damage from ice and cabbage crops may recover. rice gains ground as affordable staple. Onions set higher opening prices. cane syrup production hampered by freezes in Louisiana.
Lists of wholesale prices for vegetables fruits and staples. Idaho potatoes 2.60 2.75 per hundredweight, sweet potatoes yellow yams 2.25, cabbage 1.75 2.00, California onions 2.75 3.00, cucumbers 2.50 per crate, tomatoes 1.75 per four basket crate, oranges 2.75, grapes 5.26, bananas 2.75, lemons 4.360s 4.20, apples 2.25 box, and assorted nuts canned goods meats and dry goods with varied per unit prices and case lots for retail/wholesale trade.
Union Stock Yards reports 43 cattle and five calves brought to market in a short, featureless session. Cows sold at top 3.50 and generally 3.25, calves failed to form a market. Hog price stood at 4.50 with no new receipts. buyers lament lack of hogs and expect brisk demand for a mid size run.
Reports from Dalhart to Fort Worth indicate dire conditions for cattle and live stock as a rare snow blanket covers the plains. Officials note fewer blizzards but widespread feed still available, while Mexico–US cattle movements look to rise with optimistic market ties reported by stockmen and inspectors in San Antonio and Fort Worth.
Quotations were steady across dairy goods and poultry. Creameries and daisies ranged about 28 37 cents and 25 38 cents respectively with eggs firm and receipts at 819 cases. cheese steady, long horns strong with top prices around 1.00 to 1.03. poultry firm with turkeys 18c and chickens 13c.
Fort Worth cattle receipts reach about 1000 head as hogs show a bullish turn. Steers and cows trade steady with calves also steady, while hogs move higher with tops around 6.45 and bulk bids in the 6.00 to 6.30 range. Bulls sit steady in the 3.00 to 4.00 bracket.
Chicago trading totals show cattle receipts around 6000 with steady market for Reeves Texas steers and other cattle. Hog receipts near 33000 with prices from 5.90 to 6.45 for various weights, strong to higher. Sheep receipts about 18000 with steady to slightly lower bids for natives Westerns yearlings and lambs.
Receipts total 1500 cattle with 100 Texans and 6500 hogs and 2500 sheep. Cattle leveled firm with native beef steers at 4.50 to 8.40, cows 3.75 to 7.00, stockers 3.25 to 5.25. Texas Oklahoma steers 4.50 to 7.50, cows 3.75 to 6.00, calves 5.00 to 7.50. Hogs five cents higher, pigs and lights 5.00 to 6.35, good to heavy 6.30 to 6.45. Native muttons 4.00 to 5.00, lambs 5.00 to 7.30.
Receipts and bids from Kansas City show cattle hogs and sheep activity. Cattle receipts 700 with strong market. hogs 7500 steady to strong. sheep 3000 with firm demand. Prices listed for native and western cattle, hogs by weight and type, plus lambs and ewes ranges.
In Manchester on January 12 the trend favors settlement of the employers and unions dispute. Employers expect the six months truce will be honored and a plan to handle non unionists in a satisfactory way for mill owners will be approved at Monday’s employer meeting.
Market brief shows New York sales quiet with 1,450 units, New Orleans steady at 9 percent, Iowa and Liverpool at steady 6.37 and 8,000 units, Houston quiet at 4.60 percent with 772 units, Galveston steady at 10,00 units and 463 in reserve.
Spot cotton remained steady in Memphis on January 12 with advances of 1 16 cent and middling grade at 9 cents according to Associated Press reports.
Chicago reports a drop in wheat as better Argentine crop prospects influence markets. May wheat opens at 99 1/2 to 1.00, then dips and recovers near 99 1/2. Corn falls on cold forecasts while oats ease and provisions hold steady with May pork at 16.45 and lard around 9.62.
Receipts today show 6 cars of wheat, 259 cars of corn, and 49 cars of oats. Total wheat receipts at Chicago Minneapolis and Duluth reached 208 cars, up from 187 last week and 254 a year ago.
Chicago cash grain market lists prices for wheat and cats with bid and offer ranges. No corn reported. Prices span No 2 hard No 4 northern No 2 northern No 2 spring velvet chaff durum and No 2 white cat values.
Quoted prices show cash wheat at No. 2 hard 1.03 to 1.08 dollars and No. 2 red 1.01 to 1.02. Corn No. 2 mixed 65 to 66 cents, No. 2 white 67 cents. Oats No. 2 white 60 to 61 cents, No. 2 mixed 49 to 50 cents. May wheat 191 to 1.08, July 2% to 2? Close details.
New York opened steady with a decline of 1 to 4 points amid heavy selling and fear over new labor laws in Massachusetts. Liverpool cables later firmed, aiding an undertone despite heavy offerings, as private reports cited possible settlement of Lancashire labor troubles. Spot market remained quiet with middling uplands nominal.
New York cotton futures for January through December posted steady to barely steady quotes. Early bids ranged from 9.29 to 9.97 with most nearby months steady at the close. figures show slight daily variance across contracts.
Cotton futures in New Orleans opened 6 to 10 points lower on weak cables. Bulls stayed active on hopeful Lancashire labor news, while severe regional weather delayed farming. By noon the market steadied as spot demand rose and sales after hours pushed futures up, yet closed 1 to 6 points lower.
In New Orleans on January 12 cotton futures opened steady across the board with January at 9.55 cents, February 9.60 62, March 9.67 68, May 9.78 79, July bid at 9.94 and August 9.87. The market shows cautious strength as traders size up short term demand.
Spot cotton in fair demand with prices up 2 to 4 points. American middling 6.01, good average 5.63, middling 6.37, low middling 5.18, ordinary 4.89. Sales 8000 including 7700 American. receipts 21 000 with 20 600 American bales. Futures opened firm and closed steady with varied monthly quotes.
Market notes from St Louis show steady wool prices with wool grades mixed. Medium grades for combing and clothing fetch around 20 21 4 percent, light fine 15 19 1 2 cents, heavy fine 12 1 8 cents, tub washed 27 20 cents.
Lead and spelter show subdued activity with prices flat to lower. Tin remains weak while spot and futures quotes are provided for reference in the London market.
By Associated Press Boston January 12 closing figures show Arizona Commercial at 3 percent Butte Coalition at 22 percent Calumet and Arizona at 62 Greene Cananea at 8 38 16 and North Butte at 27 c.
Boston date line reports The Calumet and Hecla Mining Company raised metal prices both in Europe and by 14 percent domestically. Analysts saw the move as signaling that the company had met its near term goals and would withdraw from the market briefly.
Houston reports spot cotton steady with an advance recorded to middling 10 cents as of January 12, reflecting stable prices in the Texan market.
Price list shows steady rates for dairy and egg products with different grades. Creamery 36c, firsts 34c, seconds 32c, packing stock 22c. Eggs extras Sic, firsts 32c, seconds 17c.
Memphis base oil 4.46 47c and meal 24 dollars with linters 1% 3c. New York Cottonseed oil closed firm with spot 6.36 to 6.42 and various months quoted up to 5.81. Total sales 18,300 units with bids and futures details across March to July.
New York shows mixed early action with Lehigh Valley drawing attention after an extra dividend. Copper stocks drop and Reading and Central Railroad of New Jersey display gains as the market stabilizes toward midday.
Poll tax payments by port show Galveston New Orleans and Savannah among listed locations with totals and estimates. The record cites figures for Baltimore Norfolk and other ports with a grand total of 192 566? and 36 188 xEstimated.
Raw sugar prices steady with Muscovado at 3.920 per hundredweight and centrifugal 4.44 cents. refined sugar easy. Exports by country show Great Britain 132307, France 23342, continent 157292, Mexico and Japan 19308. totals and figures compare this year and last. Also notes petroleum, molasses and hides steady. Pay your poll tax.
The St Louis metal market quotes lead at 4.35 to 4.40 and Speller higher at 6.40 to 6.45 as of January 12, with a reminder to pay your poll tax.
New York price report lists fresh gathered eggs with categories including extras 27 38c, firsts 35 36c, fresh gathered duties No 1 26c, fresh gathered checks prime 22 238c, and refrigerator specials priced at 28c locally.
Quotations were 25 follows today with poultry generally weak. Chickens 11 ½ to 11 ¾ cents, springs 11 ¾ cents, turkeys 14 cents, ducks 13 cents, geese 9½ cents. Creamery butter 32 to 30 cents per pound, firm.
London price report shows Consols for money at 76 11 16, account 76 13 16 with Bar silver steady at 25 7 16. Money market at 2 percent, 3 percent, short bills at 3 13 16, three months bills at 3 13 16.
The Age Press reports firm sterling exchange in New York on January 12 with bankers bills at 4.84 60 day and 4.87 10 demand. Commercial bills at 4.83. Silver at 55 1 2, Mexican dollars 47 cents. Government and railroad bonds steady.
A city venue seeks a cash deal between 450 and 600 dollars for a live wire event. The offer requires serious intent and timely action by the ikth. Applicants must have cash on hand and demonstrate business readiness. Apply No. 4084, care Light.
New York markets show quiet trading with cotton quotes steady at middling uplands 66 and middling at 0.90, bids and sales totaling 108 units noted for the period in this report.
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