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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jul 03, 1911
Page
9
A government report dated June 25 indicates cotton conditions at 88.2 percent of normal, the best since 1903. The article notes high egg receipts across the United States, with New York showing a large year over year increase and egg markets fluctuating amid supply and quality concerns.
Illustrated Story of Today's Weather Conditions reports unsettled conditions in San Antonio and vicinity with scattered showers possible tonight or Tuesday. High temperatures are forecast in the central, eastern and southern districts as low pressure distribution remains irregular.
Prices list shows Butter per pound at 20c for Creamery and 12 18c for country butter. Fresh country eggs candled at 13 15. Cheeses include Fancy cream 18 %%c, Fancy brick 20c, American Swiss 24c, imported Swiss, Limburger 200, Badger State 1c. Poultry items include large choice hens per dozen $6.00, medium hens $4 4.25, large springs $3.50 4.00, medium springs $2.50 2.75, small springs $2.00 2.25, guineas per dozen $3.25 3.50, ducks per dozen $6.00 6.50, squabs $1 1.25, turkeys per pound 1c.
The Associated Press reports morning market quotes with cheese steady at 12% to 12% cents, twins 12% to 13 cents, young Americas 12% to 12% cents, long horns 12% to 14 cents, potatoes weak. Poultry weak with turkeys 12 cents and hens 11 to 12 cents. Veal steady and weights 50 to 110 pounds range with prices cited.
The AP lists poultry and dairy prices from St Louis on July 3, showing hens at 13 cents, springs at 18 cents, turkeys at 1346 per hundredweight, ducks at 9 to 17 cents, geese at 5 to 8 cents, butter 23 cents, eggs 1.38 dollars, and a creamery price of 23 cents.
Eggs firm with receipts 15 235 cases. Fresh gathered extras 20 22c. State, Pennsylvania and nearby hennery whites 22 25c. Browns 20 23c.
Kansas City reports butter at 22 cents for firsts 19 cents for firsts in creamery stock 16 2 3 cents packing 16 2 3 cents. Eggs show extras 17 cents firsts 14 4 cents and seconds at ?
W B Gaumer president of the Midfield State Bank reports white grub worm damage to pecan and orange groves in the Midfield area. Entomologist Scholl will be sent from the department of agriculture to investigate the outbreak and determine control measures.
E L Miller, an aviator, has been engaged to provide aeroplane flights in Teague on July 6 during the United Confederate Veterans' reunion.
A large crowd forms in Waxahachie Texas as they await former Governor Campbell to speak on statewide prohibition. The afternoon gathering underscores strong interest in the issue across the region.
Summer students at the University of Missouri study a form of medical inspection to detect weak eyes adenoids and diseased tonsils in pupils. The program targets teachers who may work in remote areas lacking doctors. A Rochester press report notes a dramatic incident in Albion New York where a boy electrocuted by 13 000 volts recovered after burial and water immersion.
While a telephone circuit is active it can be split into eight telegraph channels for simultaneous messages. The reverse does not hold. telegraph wires cannot be used for telephone conversations.
Mrs. Rose Terry of Klamath Oregon is said to be the only woman in the country in active management of an electric lighting plant. Two cars of fat cattle were consigned to the National stock yards Friday George Hobbs of Brackettsville.
Union Stock Yards opened with a crowd of about 400 head including 260 cattle 16 calves 95 horses and 25 hogs Prices moved up cows at noon sold fast around 3 and some extra choice up 48 to 50 cents per hundredweight Calves 4 50 hogs at 6 25 per hundredweight buyers and shippers expect steady demand with limited local supply for the week due to current prices and southwest market conditions.
Large wool sales are expected in San Angelo and surrounding West Texas as the 1911 wool season winds down. Geo W Roope of Roope Holdy Boston and other buyers are negotiating with western owners for twelve months’ accumulations. Talpa’s 175000 pound clip was sold to Caldwell Palmer EB Hallo Way Burnett and J Rainier Liano via a growers association. Prices reportedly ranged from 13 to 16 cents. Fleming and Davidson Brackettville shipped twelve carloads of fat cattle to Fort Worth and sixteen more cars followed.
Dave Little a leading sheep man from the southwest arrived in Uvalde last week with a wool clip totaling 18000 pounds. The wool brought a price of 15 cents per pound.
The Commercial Secretaries association reports a serious hog shortage in Texas with home and trade demand at 250 cars weekly valued at about 50 million dollars annually. Texas hogs are claimed to be cheaper and packing houses nearby aid market strength. thefts of about twenty-five head of mules valued at 3000 to 4000 were found on Noble Fisk’s ranch, Glasscock and Sterling counties, with officers from the west urged to watch for stolen stock.
Today's carlot consignments include one car cows from Austin to San Antonio and three cars cattle from Blessing to Uvalde. Other movements feature one car cattle from Dilly to New Orleans and one car cattle from Cline to National Stock Yards, Illinois, plus one car cattle from Comfort to San Antonio. Also listed are one car mules from San Antonio to Monterey Mexico and one car horses from Sabinas to San Antonio and one car horses from Uvalde to Cypress Florida.
Fort Worth Texas July 3 live stock receipts were 4600 cattle 2100 hogs and 11 sheep with about 125 cattle cars yarded including calves Beef steer prices held steady to strong and feeder stockers active Trades showed good demand for stocker and feeder steers with feeders 3.50 to 3.70 and stockers 3.15 to 3.40 Cows scarce about 3.50 for good cows canners 2.75 to 2.865 calves 190 to 205 pounds 4.65 heavier calves 3.50 to 4.25 vealers to 5.50 hogs up with top 6.75 for a car of medium quality sheep 11 head sold steady.
Cattle receipts 6500 including 3800 Texans. Market steady with native beef steers 4.50 6.50, cows and heifers 3.00 6.50, stockers and feeders 2.75 4.75, Texas steers 3.25 6.00, cows 3.00 5.00. Hog receipts 9000, market 10c higher. pigs 6.76 6.85, packers 4.00 5.65, butchers 6.75 8.85. Sheep receipts 6500, market steady. muttons 3.00 4.00, lambs 4.0.
Chicago market report shows cattle receipts around 12 000 with higher bids up to 10 cents and hog receipts about 24 000 with prices 15 to 20 cents higher. Sheep receipts near 16 000 with a strong market and mixed grades across cattle hog and sheep categories.
Cattle receipts 13 000 with 6 000 southerns, market up to 10 cents. Native steers 5.25 to 6.60, southern steers 4 to 6, cows and heifers 2.75 to 4.50, stockers and feeders 2 to 4.75, calves 4 to 7, western steers 4.60 to 6.35, western cows 2.75 to 4.75. Hog receipts 10 000, market up 15 to 20 cents. Bulk 6.60 to 6.70, heavy 6.55 to 5.70, packers 6.60 to 6.75, lights 6.60 to 6.75. Sheep receipts 9 000, market up 10 to 15 cents. Muttons 3.00 to 4.25, lambs 6.00 to 7.25, fed wethers and yearlings 4.90, fed western ewes 2.50.
Prices fell sharply at opening led by Lehigh Valley and other major shares. Losses of 1 to 2 points widespread as crop heat debate and the Lehigh Valley coal rate decision weighed on sentiment. Bonds eased and trading stalled ahead of the holiday. prospects for a rebound remained muted.
The cotton market opened steady with a 5.8 point decline after lower Liverpool cables and Texas showers. Following the government report the market fell 9 to 13 points then firmed, gaining 9 to 11 points on new crop months as conditions appeared slightly worse than expected.
New York July 3 cotton futures opened steady with July at 14.40 cents, August 14.41, September 13.45, October 13.15, December 13.15, January 13.12, March 18.18, and May 13.31 cents bid.
New Orleans July 3. Cotton futures opened quiet and steady with a 6 to 10 point decline on weak cables. Light showers in the west and Texas and Oklahoma forecasts lent a soft tone, but traders held back. By midday active months dipped 8 to 12 points, then recovered to near Saturday levels as government figures fell short of bearish expectations. The afternoon saw further volatility with drouth reports from Texas and a final close barely steady, 15 points down to 4 points up from Saturday.
New Orleans reports cotton futures opening quiet and steady with July at 14.90 bid, August 14.0 bid, September 13.30 asked, October 13.00 bid, December 12.99 138 00, January 13.06 asked, March 13.19 21.
Closing cotton in Liverpool July 3 shows spot quiet with prices down six points led by American middling at 8.47d and lower grades down to 7.22d. Daily sales reached 6000 bales, mostly American, with futures opening quiet and finishing steady across several front months.
New Orleans spot cotton prices quote ranges from low ordinary to good middling with 1-16 to 15 3-4 cents per pound. Spot sates on the spot noted 6 to arrive 1. Receipts total 1695 and stock at 44,351.
The Associated Press notes cotton seed oil on a prime basis selling at 5.47 dollars, meal at 24.75 dollars, and linters at 3 percent in Memphis on July 3.
Special to The Light from Galveston reports a quiet cotton market with middling at 15 cents. Sales totaled 679 bales.
Washington data show six month period to Feb 28 1911 with 12 788 772 bales total. 2 402 232 bales consumed in the United States 6 338 468 exported and 4 048 072 bales remaining domestically.
The bulletin reports 24 hour conditions ending at 8 o clock this morning across Houston district stations. It includes temperatures and rainfall data with minimum temperatures for the last twelve hours and notes the 75th meridian time.
The belt region experiences fair weather with temperatures above normal. Allen Buell of the Weather Bureau provides the forecast, indicating continued mild and dry conditions ahead.
Associated Press report from Memphis notes the cotton market steady with no price change across spot finishing. middling and other grades appear stable in early July trading.
Washington reports the cotton crop condition on June 25 at 8.2 percent of normal, down from 87.8 percent on May 25, 1911, with 80.7 percent in 1910 and 74.6 percent in 1908, while the ten year average on June 25 is 80.0 percent. state comparisons follow.
A table from A B Shepperson's Cotton Facts links the government condition report to per acre yield. The figures indicate deterioration begins after June, but the level of decline depends on unpredictable climate, and only the future can reveal its extent.
The market moved from anticipation to a scramble to cover after the bureau release, with prices rising early but turning bearish toward the evening. Traders eyed levels around 88 or 89, some talking of 90, while bears occasionally pinned hopes on 92 or 93.
Market sentiment leans bearish below eighty nine cent level while near eight eight suggests a rise. Texas weather unsettledness and unfavorable west reports weigh on prices though last year’s west crop shows resilience. Harlingen and Dallas wires report mature crop, irrigation yields possibly three quarters bale per acre on 35 000 acres, picking starts early July with heavy receipts.
New York reports cot ton closes 10 points lower amid light activity. Sea uplands at 14.70 cents, middling gulf 14.98 cents with total sales 19,574 bales.
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