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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jul 05, 1911
Page
11
Local markets report mixed fruit deliveries and rising feedstuff prices as dry weather pressure eases in some regions. Early apples were scarce and sold around 2.50 per standard box while California peaches and east Texas Elberta shipments arrive. figs rise to four cents a pound for dried fruit amid strong demand.
The local market opened the week with eggs at 15 cents per dozen though cancellations and poor consignments limited supply. A produce man says eggs are deteriorating and dealers are lucky to get five good eggs per dozen.
Produce pricing list from San Antonio shows butter per pound at 21c for Creamery and 12 18c for country butter, eggs at 13 15, various cheeses from 18%2¢ to 31c, and poultry rates per dozen or per pound including hens, springs, guineas, ticks, squabs, and turkeys listed with varying prices.
Quotations today show poultry steady with chickens at 10 cents and turkeys at 13 to 15 cents. Butter is steady with creamery at 19 to 33 and a half cents. eggs are lower at 12 cents.
Chicago July 5 prices for dairy and produce show butter and creamery items steady with modest gains in firsts. Cheeses firm with assorted varieties at 13 to 15 cents. Potatoes weak for fresh and old stocks. Poultry firm with turkeys and hens holding, veal prices mixed by weight classes. Receipts totaling 15 710 cases noted. Local market movements and daily quotations reported.
Kansas City July 5 dairy quotes show Rutter creamery at 22 cents for firsts 20 cents and seconds 8 cents packing stock 17 cents. Additional items note g SSs extras 19 cents firsts 16 cents seconds.
New York buyers receive a bees firm market update from the Associated Press dated July 5 noting receipts of 22,868 cases. Fresh gathered extras and firsts quoted at 17 1⁄4 to 17 1⁄2 cents, fresh gathered delhes No. 11244 at 13 cents.
New York July 5 money on call held at 2 and 1/2 percent with the ruling rate at 2 percent. Closing bids showed 2 percent offered. Time bills were dull with sixty days at 2 percent and ninety days at 2 percent. Six months at 3 and 4 percent.
Forecast shows fair weather for San Antonio tonight and Thursday. East Texas fare is fair in the west and unsettled with possible showers in the east. A storm area stretches from Mexico to the upper lakes with unsettled weather and some rain along Gulf coast. temperatures vary with cooler air in the northern Rockies.
July 5 at Union Stock Yards shows receipts down as rain favors pasture. Only one major cow offering arrives with top price $3.25, while better cows draw $3 to $3.25. Calves bid $4 to $4.50 and hogs top at $6.25 as buyers push for quality amid steady tone.
Stock yards warn of a grass beef shortage in the southwest this year, especially Oklahoma and Kansas. The drought curtails western supply, high contracted prices for grass, and costly stock cattle threaten heavy losses. Packers share concern as conditions echo 1901.
The port of New Orleans reports fiscal year ending June 30 total customs collections of 8 817 909 58 dollars. Prior year receipts were 12 223 97 dollars. This year’s take is about 200 000 less than record years when collections reached 9 000 000.
After a day off, St Louis metal markets reopened with renewed energy and steady demand. Lead held firm at $4.40 while Spelter traded to a steady $5.62 1-2, reflecting improved sentiment in the lead division.
New Orleans spots report steady prices with 280 bales sold on the spot and to arrive. Grades range from low ordinary to good middling with various nominal and strict values. receipts noted as one bale and stock at 43 with $30 bales.
New York on July 5 reports cottonseed oil quotations with opening and closing figures for July. Prices show varied bids across markets including Aub and Bent sections with shifts around 6.20 to 6.47 dollars per hundredweight.
Live stock receipts total 9800 head over two days with 5000 cattle 2500 cattle 2300 sheep. Cattle sold weak to lower overall with beef steer prices steady around 3.90 to 4.75 and bulk 3.80 to 4.35. Hogs traded evenly to Monday levels while trade was slow with tops near 6.80 and common grades 5.85 to 6.10. Sheep arrivals rose with high deck counts and varied prices noted.
Receipts total 83,000 with 9,000 south grades, cattle steady to 10c lower on cows and feeders. Native and southern steers and cows show varied ranges. Hogs down 5 to 10c with bulk sales 6.45 to 6.60. Sheep steady as muttons 3.50 to 4.50 and lambs 6.00 to 7.20 alongside fed wethers and ewes observations.
Chicago July 5 market report shows cattle receipts about 20 000 with steady tone. Hogs receipts around 27 000 and prices down 5 to 10 cents. Sheep receipts near 25 000 with prices easing up to ten cents lower across grades.
Receipts data list figures for Galveston New Orleans Mabie Charleston Norfolk New York Boston and Port Arthur with totals in dollars and units. Highlights show New Orleans leading at 1 789 and New York at 855.
The Associated Press reports a weaker opening on the New York stock market with notable losses in Canadian Pacific and several Erie issues. Recoveries emerged in the second hour but trading remained light as sentiment stayed cautious amid grain price strength and mixed bond activity.
By the Associated Press in New York, markets close with the prime mercantile panel firming. Sterling exchange steady with bankers’ bills at 4.8495 for sixty days and 4.8610 to 4.8615 for demand. Commercial bills quoted at 4.83 1 2. Silver at 42 7 8 cents. Mexican dollars at 45 cents. Government and railroad bonds ease.
New York opened firm with an advance of about 4 to 10 points on covering and bull support. Cables were slightly below due but not enough to suggest weakness abroad. Old crop gains reached 6 to 10 points while new crop rose about 17 to 19 points early.
New York July 5 cotton futures opened firm with January 13.34 35, March 13.88 40, May 18.44 46, July 14.45 46, August 14.45 48, September 13.57 62, October 13.36 36, December 13.36 37. Closing prices were steady.
New Orleans July cotton futures opened steady with near months up 2 to 5 points and distant months 10 to 12 points as favorable cables and weather signals support. Nervous shorts bought and outside orders helped lift prices, with new crop months gaining 20 to 22 points over Monday’s close and one hour in trading near best levels.
New Orleans July 5 cotton futures opened steady with July at 14.87 to 14.88 cents, August 14.10 bid, September 18.40 bid, October 13.20 to 13.21, December 13.21 to 13.22, January 13.27 to 13.28, and March 13.41 to 13.43 cents.
July spot bids rise four points as American middling fair quotes at 8.5 percent and good middling at 8.21. Daily sales reach 8000 bales with 7700 American, receipts 4000 including 500 American futures. Futures opened and closed steady with varied monthly spreads from July through April.
From THM ASSOCIATED PRESS HOUSTON TEXAS July 5 The market for short staple cotton shows no change with middling grade holding at 15 cents per pound. Trade sources report stable pricing and cautious buyer demand in Houston area markets.
Associated Press reports spot cotton in Memphis Tennessee remains steady with middling values unchanged as traders monitor futures and regional demand.
Galveston Texas on July 5 reports spot cotton quiet with middling grade around price of 1. Sales tally 45.
New York July 5 Spot cotton prices rose modestly with middling uplands at 14.85 and middling gulf at 15.10 as 400 bales traded, signaling a quiet session with a 15 point gain.
The coast country faces a threatened 25 percent crop loss as millions of cut and leaf worms devastate cotton. Planters flood San Antonio and other markets for Paris green and London purple, paying high prices to save the season amid moist conditions that favored pests. Without timely poison and fair weather, the crop could be lost.
Washington reports that all states except Georgia and Louisiana show a material rise in cotton output in 1910 versus 1909. Oklahoma and North Carolina post strong gains, Texas remains large but below 1908 peaks, while Georgia and Louisiana show weaker results amid boll weevil damage and crop shifts to sugar cane and rice.
The bulletin notes generally light precipitation in the western and central cotton region with no rain in parts of Oklahoma Texas Louisiana and Arkansas. Louisiana Alabama Mississippi South Carolina and Georgia saw over two inches with Covington Louisiana reporting the week’s greatest 3.31 inches. Weekly means ranged 74–84 in the east, 84–89 in the center, and 82–86 in the west. the low mean was mid 70s and the high 86 degrees.
Chicago July 5 Receipts and shipments today were as follows.
Chicago reports today 35 wheat cars including 28 of contract grade 233 corn cars with 74 contract grade 116 oats cars. Total wheat receipts across Chicago Minneapolis Duluth reach 600 today versus 215 last week and 26 last year.
Chicago markets see corn jump as much as 44 percent per bushel and oats rise about 24 percent amid record heat and dry spells in the belt. Kansas City reports five cent gains, with September futures active. wheat gains follow coarse grain strength as traders react to heat and sparse moisture. Provisions move with grain, pork around 15.95, lard near 8.45 to 8.47, ribs about 8.62 to 8.65.
Kansas City July 5 amid the wildest scenes on the board of trade for years the corn market rose 3 to 5 cents in the first ten minutes of trading with about 1 000 000 bushels traded during that period.
Cash wheat firm with 2 track 86 87.44 cents and No 2 hard at 89 92 6. Corn up 4 5 cents with No 2 track 66 4 and No 2 white 66 42 67 cents. Oats 2 3 cents higher with No 2 track 46 and No 2 white 47 46 cents. Wheat for July 86 7-? September 88 5-8 December 92 5-8. Corn September 67 1-4 December 66 5-? 66 3-4. Oats September 41-2 December 49 cents.
Chicago cash grain prices list the quotes for wheat and corn across grades and qualities. Prices cover No 2 red, No 3 red, No 2 hard, No 1 northern, No 2 northern, No 2 spring, durum, velvet chaff, as well as No 2 corn, No 2 white, No 2 yellow, and oats categories with various bid ranges.
Kansas City grain prices rise with cash wheat up 2 cents led by No 2 hard at 88 92 cents. Corn gains 5 to 6 cents with No 2 mix at 69 cents and No 2 white around 70 to 71 cents. Oats mix near 47 to 50 cents. July wheat 874 to 875 cents. December 30 1/2 cents. September corn 64 1/2 to 66 1/2 cents. Traders active. late quotes show September corn about 65 1/2 to 66 1/2 cents.
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