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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jan 18, 1912
Page
11
Following record butter highs, northern cheese prices rise to 71 cents per pound as weather tightens dairy milk supply. Seed potato shippers in Maine withdraw orders, signaling tighter markets while California dried beans and canned tomato products show firm demand.
A dense catalog of produce and grocery prices listing Idaho potatoes at 2.50 to 2.75 per hundredweight, California oranges 2.75, bananas 2.75 to 3.00, cabbage by the hundredweight, canned goods prices, oils, and nuts. Includes butter 30 to 36 cents, fryers 4.75, turkeys 12 cents, and assorted country produce prices, with hay, meats, lard, and seeds also tabulated.
At Union Stock Yards the meshing of light consignments kept a firm tone. Today’s receipts were 126 cattle 15 calves and 67 horses with cows at 3.75 top 3.50 typical while calves peaked at 4.65 and sold around 4.00. Horses were shipped direct to local liverymen.
Ike T Pryor describes trips to St Louis Kansas City and New York noting a severe cold spell and San Antonio cold snap. Calves sell at 7 per hundredweight while Western markets expect a strong spring run amid livestock shortages and rising prices.
Prime basis oil is 4.60 with meal 24.25 and linters 1 3 4 percent. In New York cotton seed oil closed steady with spot at 5.25 35 and futures for February to July ranging from 5.42 to 5.68. Total sales 9100 with several lots traded across February to May contracts.
Fort Worth cattle trade strong across divisions with solid demand from outside buyers. Hog prices barely steady to slightly lower as 1200 head sold. cattle receipts 2200 head with reef steers 4 to 5 dollars and stockers 4 to 4.85. Bulls 3 to 7.10, cows up to 5, calves 4 to 6.26. sheep 150 head, lambs steady.
Chicago figures show cattle receipts 9000 with steady market and calves to 10.10. Hog receipts 34000 with steady to lower tendency and a wide range for different classes. Sheep receipts 20000 and market slow with 10 to 20 cent declines across native and western flocks.
Kansas City reports cattle receipts about 5000 with ranges from native steers 5.50 to 8.25 and western steers 5.00 to 7.00. Hog receipts near 20000 with bulk sales 6.00 to 6.30 and lower prices for lights and pigs. Sheep receipts about 6090 with ewes and yearlings priced near 3.00 to 4.26 Sinclair varieties show 10 to 20 cent declines.
Cattle receipts 3500 with 300 Texas and Oklahoma stock. native steers 4.50 to 8.50. cows and heifers 3.00 to 6.76. stockers 3.25 to 6.50. calves around 5. Hogs receipts 13,000. prices 4.75 to 6.35 for pigs, lights, mixed and butchers, and heavy at 6.20 to 6.35. Sheep receipts 4500. muttons 4.00 to 5.00. lambs 5.00 to 7.50. market steady.
Chicago market report notes wheat gains driven by Argentine weather and shorts covering. May wheat opens near a dollar higher, then eases to close fractionally lower. Corn weakens under selling pressure, while oats barely move and hog products stay under pressure.
Chicago market quotes list grain prices for wheat including No. 2 red No. 2 hard No. 1 northern and other grades with dollar per bushel figures. Oats prices for No. 2 No. 2 white and standard grades are shown with fractions and percentages.
Quotations listed for cash wheat and corn along with oats and futures for May and July. Prices show No 2 red wheat at 1.00 to 1.01 and corn around 64 to 67 cents, oats around 50 to 62 cents with May and July contracts cited.
Quotations show cash corn No 2 at 68 to 69 cents, No 2 white oats at 52 to 60 cents, No 2 mixed oats at 49 to 60 cents, and wheat May at 100 percent with July at 92. Corn May and July both at 66 cents.
AP reports New Orleans sugar prices with spot arrivals at 14, sales on the spot 14 co arrive 1660. categories range from low ordinary to strict middling with various nominal spreads. Receipts total 10,720 and stock on hand 250,910 in early trading notes.
The 18 spot cotton closed lower by 9.50 to 9.75 with 2000 units traded. Market activity showed softer tones as traders noted weaker demand and modest price moves.
Associated Press dispatch from Memphis notes steady and unchanged spot prices with middling grades. Brief market snapshot mentions Ohio pricing and polling context as part of the early market chatter.
Cotton opened barely steady and fell 6 to 9 points, losing 7 to 11 early due to bear pressure, labor worries in Lancashire and New England, and freer southern hedge selling. By midmorning buyers steadied, May around 9 percent of value, with reports of strikes and uncertain Lancashire issues. Prices remained under pressure into the afternoon with middling uplands near 9.60.
Cotton futures opened steady with nearby contracts around 9.27 to 9.36 cents a pound and a broad mix through the curve, closing also steady as traders noted modest activity and price levels across the forward months.
New Orleans cotton futures opened steady with a 4 to 9 point decline on weak cables. Private messages from Liverpool and Manchester doubting Lancashire settlement sparked selling. Weather in the Cotton Belt and cooler forecasts supported prices, while British coal miner votes to strike added pressure. By noon, months were mostly down, and afternoon trade kept prices 9 to 10 points below yesterday's close.
Closing spot cotton in Liverpool quiet and modestly lower by 2 to 6 points. American middling 6.04, good middling 5.66, middling 6.40, receipts 19 000 including 14 200 American. Futures opened easier and closed quiet with mixed forward prices across months from January through February next year.
A mysterious carload of arms and ammunition intended for revolutionaries in Mexico or Central America has been found in Jackson Mississippi after shipment from Pennsylvania to Gulfport. The railroads refused transfer, and officials await Justice Department guidance on confiscation of the two carloads now under surveillance in Jackson and Meridian. Charles Heieck and Walter Politt filed for naturalization papers with the federal clerk yesterday.
Receipts show January at 9.54 and February 9.49 with steady opening. March 9.55 and May 9.67. July 9.81. August 9.78 bids. October 9.75 bids, indicating stable rates across months.
Butter firm receipts 980 cases with creamery grade 30 40c and daisies 26 34c Eggs steady with 1814 27c ordinary firsts 26% 2s8tec firsts 31 %c Cheese steady daisies 164% 17c Twins 16 %c Young Americas 16% 17c Long Horns 16% 17c Receipts 108 cars Wis condgin 1.08 Turkeys live 18c dressed 18%c chickens live and dressed 12c springs live 11%e. 50 to 60 pounds weights 7 Cy.
Jan ees steady. Fresh gathered extras 36 37c, refrigerator special marks 2916 30c.
Kansas City dairy quotations dated January 18 show butter and creamery prices, various grade milk and packing stock rates, with the report listing several classes such as firsts and seconds and miscellaneous extras.
New York January 18 coffee futures edged up slightly with No. 7 Rio 14. Futures settled barely steady at 12.68 for March and 12.55 for May.
The New York market report notes steady cotton goods with moderate demand for cotton blankets and napped fabrics for fall 1912. Knit goods buying grows, worsted knitting yarns firmer, cotton yarns in better inquiry though prices remain unsatisfactory for spinners. Jobbers report moderate house trade.
New Orleans rice traders saw no price change with a rise in rough rice receipts. Quotations listed Clean Honduras 34% 5c, Japan 3% 4c. Receipts totaled 11,750 rough, millers 9,681, clean 6,656. Sales included rough Honduras 690 at 2.87 3.86, Japan 384 at 3.01 3.46, clean Honduras 4,190 at 2 and 2% 3c, Japan 2,665 at 2% 3c.
A list of burial permits shows multiple recently deceased individuals with ages and addresses. George P. Smith 44 died January 14 in Bexar county. Augusta Von Styvendeal 60 died January 13 at 302 Simpson street. Herminia Ochoa 1 died January 14 at 211 Richter street. Joseph BE Pankey 39 died January 18 at 606 North Mesquite street. John Pianta 68 died January 13 at 228 Walsh street. Juan Castro 2 months died January 13 at 117 North Laredos street. A. B. Longinotti 84 died January 10 at 111 Dallas street. Elsie Fisher 26 died January 16 at city hospital. George C. Stevens 1 died January 15 at 226 San Pedro avenue. Lillian Wienfrey 28 died January 15 at Bexar county hospital. Francis Adele Schopmeyer 36 died January 16 at 213 West Johnson street. John Collins 78 died January 15 at 315 Brackenridge avenue. Lucinda Suniga 61 died January 15 at 615 South Concho street. Charles Petsold 51 died January 13 at Eureka hotel.
Luling Texas January 18 annual election of Lipscomb Bank and Trust directors and officers results include W W Lipscomb as president Dr S J Francis vice president W P Walker as vice president Albert Taylor Jr cashier S S Ridout and A G Jousten assistant cashiers. Directors named are Dr S J Francis D M Day B F Tiller John Carter R Jacobs and A J McKean Caldwell county leaders.
NEW YORK January 18 A W Pye who has been general passenger agent of the Clyde and Mallory steamship lines here has been appointed passenger traffic manager of both lines with headquarters in this city.
Taylor Texas reports total cotton receipts reaching 32 000 bales as of yesterday with 82 056 bales for the season in three weighing yards. Officials expect nearly 40 000 more bales before season end.
New York stock prices opened slightly lower with tobacco names rallying American Tobacco preferred up a point and American Snuff preferred 1 percent. Central Railroad of New Jersey hit a high as Union Pacific Reading and U S Steel showed firmness while overall activity remained quiet and profits trimmed gains in late trading.
Money on call remains steady at 2 percent with ruling rate at 2 percent and closing bid and offered at 2 percent. Time loans show softness with 60 days 2 percent 90 days 2 percent six months 3.4 percent.
Associated Press report from St. Louis dated January 12 notes lead firm at 40 and spelter at 6.55 with closing quotes reflecting commodity price activity for the day.
Boston note lists closing coalitions and mine stocks with varying percentages: Closette Coalition 21 percent, Calumet and Arizona 614, Greene Cananea 8 percent, North Butte ex division 37 percent. Prices reflect morning trading and market activity.
New York market wrap shows raw sugar Muscovado 9 percent at 3.95 cents, centrifugal 96 test at 4.45 cents, and molasses sugar 9 percent at 0.70 cent. Refined quiet. Petroleum and molasses steady. Hides quiet. Leather firm.
Lead quiet at 15 pounds 8s 9d. Spelter steady at 26 pounds 15s. Tin easy with spot 188 pounds and 186 pounds 10s for tin ingots. Market conditions show soft demand and modest price drift across metals in London trading.
London financial news notes Consols for money at 77 percent and accounts at 77 percent. Bar silver holds at 26 11 16 pence per ounce as market observers report steady demand. Short bills remain at 3 months with limited movement.
London reports 90000 pounds sterling bullion placed into the Bank and 425000 pounds sterling withdrawn for shipment to unspecified destinations. The brief item notes a substantial transfer of bullion and shipment activity.
The report notes small shifts in three per cent versus ninety five and a half per cent for accounts and a 22 cent change on peers. Private discount rate is mentioned in the context of the Associated Press dispatch from Paris dated January 18.
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