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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jan 25, 1931
Page
30
The cotton market shows marked steadiness despite Lancashire labor troubles and a weakish tilt in trade. Prices drifted, then rose as demand grew, with new crop months strengthening and retail and wholesale buyers replenishing depleted stocks amid cautious speculation on future acreage and weather impacts.
The New York cotton market shows premium adjustments as of Friday, with prices and contracts noted by the Agriculture Department. Reports reference futures, state markets, and nearby settlement figures, including January close and various price quotes across NY and New Orleans markets with emphasis on staple fiber standards and delivery terms.
Fort Worth Livestock Report notes varied clears and lower bids for butchers, with Beeves at several price points. Calves steady to lower, lambs and hogs mixed. market activity shows limited demand and notable price shifts across weight classes and stock types.
Chicago reports a weak livestock market with a price break in pork and beef amid larger arrivals. Weekly arrivals reach 265,000 hogs and 50,000 cattle. light hogs average around 8.15 per head, with heavy hogs at 74.00 to 74.50, while cattle trend lower with medium and good steers around 31.00 to 32.00 and fat cattle at 10 to 22. Prices show overall softer tone despite sporadic buying.
Corn prices dropped to new lows as favorable weather and weak shipping outlets pressured markets on the Chicago board of trade. Wheat also weakened with futures easing while rye deliveries faced weak demand. Compared with last week, wheat and corn were notably lower across key futures, reflecting broader market softness and uncertain near term movements.
The cotton market showed a steady undertone for January 17 to 23 with quotations rising to about 14 points on January 23 while demand remained slow both domestically and abroad. U.S. and foreign buyers were cautious as exports reached 63,243 bales for the week, with mill activity in Southern centers quiet and broad market indicators uneven amid weather and census data on spindles and production.
The report notes yam prices and market changes with minor adjustments in value. Prices for green bone meat and red bel femora are cited with varying cents per unit, while other produce shows modest shifts.
A dense OCR list details numerous produce items with prices and weights. It mentions beans, onions, apples, grapes, lemons, potatoes, tomatoes, cucumbers, peppers, and more, with varied units and cents per item. The page also includes poultry, butter, milk, and Chicago New York market notes sprinkled through the long garbled segment.
A chaotic OCR led summary notes extensive produce arrivals and shipments, listing Texas and Ohio crates, prices, car counts, and market conditions. It mentions oranges, peaches, and other fruits, with scattered references to Detroit Cleveland Philadelphia and Chicago markets, plus notes on wreckers finding liquor in Luzerne and a 1862 built hostelry.
Cotton prices held within a narrow range in Chicago with the market closing six to seven points lower. Traders noted a firmer undertone for most of the week supported by bullish private forecasts and talk of acreage cuts, while cotton goods markets remained weak with little business activity.
A. A. Buochens, security agent for Pennsylvania Railroad, with offices in St. Lenng, visited local train officials Saturday. Another visitor was Frank H. Colk eult of Chicago, district passenger agent for the Katy.
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