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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jul 05, 1912
Page
11
Forecast shows unsettled conditions for San Antonio and vicinity through Saturday evening. Uprooted wording from OCR notes 1.01 inches of precipitation recorded, with limited detail on location or timing.
California fruit outlook notes buyers already making offers as Elberta peaches and Malaga grapes near season. Albertas offered at 20 dollars a ton, Malagas 20 to 250 dollars a ton. shippers anticipate a heavy peach crop with fair prices. California, Texas, Florida, Georgia crops align for regular timing, preventing last year’s glut. Muscat grapes on San Antonio markets at 1.25 dollars per 15 pound basket. retail around 16 cents per pound. Chicago and New York price rounds follow fruit notes and dairy/egg items with mixed quotes.
In Kansas City on July 5 butter and creamery prices were listed with 24 cents for firsts, 22 cents for seconds and 20 cents for packing stock. Weet extras quoted at 20 cents, firsts at 18 cents and seconds at 0 cents.
In St Louis on July 6 the market showed poultry quiet with chickens at 12 cents, springs 21 to 26 cents, turkeys 18 cents, ducks 9 15 to 12 1/2 cents, geese 5 1/2 to 11 2? cents. Butter steady creamery 23 to 26 cents. Eggs firm at 18? cents.
A dense list of prices for poultry, dairy, fruits, vegetables, nuts, canned goods, meats, seeds, and staples. Notable items include poultry fryers at 2.00 to 3.00, butter 26 to 300 per pound, cabbage 1.75 per hundredweight, cantaloupes 1 crate, oranges and lemons with varied per crate or per hundredweight quotes, and sugar at 5.85 per hundred pounds.
Copper and tin prices listed with spot and future figures for July and September. Lead and spelter show firm quotes while antimony and iron remain steady.
Lead steady at 4.65 67 with prices noted. Speller strong trading at 7.06 in the regional market report from Sr. Louis dated July 5.
Union Stock Yards reports five head arrived today: three cows and two calves all consigned to the market. July Fourth shipments were negligible and today’s activity was limited to minor gleanings with insufficient quality to publish market quotations.
The San Angelo wool boom shows 1 000 000 pounds shipped as eastern buyers buy from local associations. Fort Worth Stock Yards reports June receipts across cattle calves hogs sheep and horses with gains in most categories and varied dispositions. Texas and adjacent market reports note multiple car shipments to St Louis with individual steers and weights and pigmarket activity including an eight cent hog sale in Fort Worth.
Market for Friday shows light overall receipts after a holiday with 1500 cattle 600 calves 300 hogs and 60 sheep. Beef steers steady to strong demand good for quality, calves strong with top around 6 50 and bulk 4 50 to 6 35. Hogs 800 head seen at 8 10 top with 148 lb load. sheep 50 head nominal.
Chicago July 5 receipts and quotations for cattle show 2000 head with prices from Reeves to calves, hogs 15000 head with light to heavy ranges, and sheep 7000 head with native and western lambs and yearlings. Market noted steady or higher across categories with several price points listed.
Receipts total 4000 cattle including 2300 Texas steady market. Native beef steers 5.50 to 9.25, cows and heifers 3.50 to 8.50, stockers and feeders 6.00 to 8.60. Hogs receipts 12000 steady. pigs and lights 6.60 to 7.60, mixed and butchers 7.40 to 7.60, good heavy 7.50 to 7.60. Sheep receipts 1000 steady. native muttons 3.75 to 6.00, lambs 5.00 to 8.26.
The International Apple Shippers association will hold its annual convention in Chicago from August 7 to 9. E P Loomis is president and R G Phillips secretary. Officials forecast a 1912 apple crop not less than 50 million barrels with strong prospects in Washington Oregon and Idaho.
Receipts and quotations show cattle at 2000 head with mixed steers and cows, hogs at 6000 with market steady to 5 cents higher, and sheep at 2000 with strong demand. Cattle ranged from native to western, hogs priced from about 6 50 to 7 65, sheep with lambs quoted up to 8.00 and ewes around 4.00.
Observations at 8 a m on Friday July 6 1912 show wind direction and speed temperature rainfall and weather. Leipzig railway station recently completed reportedly cost 34000000 dollars while the Pennsylvania Terminal in New York costs 57000000 dollars. Leipzig has about half a million inhabitants versus New York near six million.
Store hours announce closing at 1 p m on Saturdays with a morning sale following breakfast. In New York on July 5 coffee futures show No 7 Rio 14 percent gains, steady futures at Sept 13 62 and Mar 18.
Wheat prices fell with lower cables and rain aiding the bear side. September wheat traded around 1.01 to 1.02 dollars, with corn and oats easing while hogs supported provisions, and the market closed weak on renewed supply doubts.
Cash wheat and corn and oats prices listed by grade with futures closes for July and September. Wheat No 2 red 1 181 and No 2 hard 1 13 to 1 14. Corn No 2 73 to 40 and No 2 white 78 to 79. Oats No 2 470 and No 2 white 62. July wheat 1 024 and Sept 1 000. Corn July 72 to 73, Sept 67 to 68. Oats July 42 to 89.
Quotations show cash wheat with No 2 red at 1.04 to 1.08 and No 2 red 1.07 to 1.08. Corn No 2 mixed 78 to 74 cents, No 2 white 7 0 cents. Oats No 2 white 50 to 64 cents, No 2 mixed 48 to 44 cents. July wheat 96 to 97 cents, Sept 95, December 96 KC prices. Corn July tied, Sept and Dec 66 cents. Oats July 48 to 49 cents, Sept 38 to 39 cents.
Galveston lines resume through bills of lading after a two week withdrawal. The new export bills include a clause for additional demurrage charges and align with Interstate Commerce Commission rules. Stakeholders expect rail and steamship interests to accept the terms after a maritime association meeting. Australia exported 728000 tons of wheat compared with about 428000 tons in a prior period.
The market opens with gains tied to strong Liverpool prices and forecasts of rain in the western belt. New crop positions trade near session highs, with New York and New Orleans rising while Liverpool slips. Spot outlets and buyers in October futures dominate action as weather and government figures influence sentiment.
In New York on July 6 cotton futures opened steady with January at 11.87 88 cents, February 11.93 offered, March 11.97 98, May 12.02 offered, and other months showing slight variations. The session closed barely steady with similar ranges and mixed highs and lows across maturities.
Cotton futures in New Orleans opened with a 2 to 10 point rise on good cables as commission houses placed strong buy orders. Weather forecasts for showers in the eastern belt tempered gains while insects complaints and Arkansas rainfall kept prices from rising further. By noon prices were about 11 points higher and a dull steady session followed in the afternoon.
Cotton futures in New Orleans opened steady with January at 12.08, March 18.10 bid, July 12.69 62 bid, August 12.86 bid, Sept 12.16, October 11.97 asked, December 12.00 asked. The session closed with a net advance of 8 to 11 points amid steady tone.
Liverpool July 6 closing market reports a stronger tone with American middling fair at 7.454 pence per pound and middling 6.86d. Sales reach 10,000 bales with 1000 for speculation and export including 738,000 American bales. receipts total 7,000 bales with no American receipts.
Cotton futures in Liverpool opened quiet and closed steady with July at 6.634 and various forward spreads quoted from July-Aug to May-June in the 6.4s to 6.6d range.
Leading spot markets report in New York on July 6 that Middling uplands and gulf cotton priced at 12.25 cents. Sales reached 6500 bales as prices held steady amid steady demand.
Spot cotton in New Orleans closes firm, up 1/16 to 12 3/4 cents for middling. Sales total 36 bales, arrivals 68 bales, receipts 600 bales, stocks at 40,249 bales. Prices range from 8 9/16 to 14 1/4 cents for various grades with nominal figures listed.
Memphis notes show spot cotton unchanged with middling grade at 12 3/4 cents per pound.
Galveston Tex July 5 spot cotton closed firm unchanged. Prices ranged from low ordinary 7 15 16 cents to middling 12 3 4 cents with good middling 12 1 2. Sales nil while receipts reached 832 and total stock stood at 60 300 bales.
Houston market reports spot cotton closing steady to 3-16c higher. Grade prices ranged from low ordinary to good middling with middling 12% and good middling 12%. Sales 104 bales, f o b shipments none, stocks 0,300.
Temperature above normal with unsettled belt weather. Rainfall of an inch or more reported at Thomasville Nashville Gainesville. Allen Buell, Official in Charge, Local Office, United States Weather Bureau.
At New York opening the stock exchange showed irregular tone with American Tobacco up 2, Canadian Pacific 1, and strength in Great Northern preferred, Northern Pacific, Brooklyn Rapid Transit, and General Electric. Declines appeared in Union Pacific, Amalgamated Copper, Steel, and others.
Creditors petition in federal court seeks bankruptcy for Independent Lumber Co. of Autauga county Alabama. Judge Thomas G. Jones names a receiver and orders a guard at the property. E. C. Sisson alleged to have departed the state or absconded and may be in Chicago. Alabama and New York parties named as receivers.
Robert Johnson applies for a 2 room dwelling on Colima street costing 100 dollars. Jas W. D. Ryan files for a 4 room house on Montana ada at 850 dollars. D. Ryan seeks 12 one room box houses on Paso seni street at 840 dollars. William D. McCarty requests a 2 story dwelling on E. Park avenue costing 6000 dollars. Rh N. Martindale files for 1 room addition on Wood lawn avenue at 400 dollars. FE V. Harriman seeks a 5 room dwelling on Taft boulevard at 1500 dollars.
A judge clarifies that Flymann’s unhappiness stems from an accident in which he fell into someone else’s property after a biplane mishap. The fall twisted his back, prompting questions about his reaction to the incident.
New York July 5 prime mercantile paper 44 per cent and sterling exchange firm with bankers bills 85 for 60 day bills and 4.87 40 for demand. Commercial bills 4.84 4. Bar silver 61 Mexican dollars 48 Government bonds steady railroad bonds irregular.
New York July 5 money on call remained steady at 2 3 4 percent with the ruling rate and closing bid 2 percent and offered at 3 percent Time loans held firm at 6 7 percent while September terms traded around 2 percent, down 4 percentage points from earlier levels.
Real estate transfers record several property sales including Fred R. Wesing to Alveesa Matthews for four lots on Flood avenue at 1200, W. S. Gillespie to H. W. Sam stag for Lot 6 in Cloudcroft at 1800, and others such as Johnsons to Almarine Johnson, Roza Soza to Philip Soza, J. H. Smye to Bertha Dorn, E. Y. White to L. B. Baldesar elli, Los Angeles Heights Improvement Co. to Kimi 8S. Iwana, W. T. Goode to William Ziegler Jr., and Walton D. Hood to B. E. McCall with prices ranging from 100 to 2760.
No. 2541-A E. Goforth 1312 Gardens street No. 2642-E Menger 725 East Commerce No. 2543 Johnny A Kerr 111 San Pedro avenue Fi No 2644 James M Hamby 238 Dulinig avenue
Cottonseed oil closed easy with spot at 6.88 to 7.00. July 6.86 to 6.90. August 6.93 to 6.95. September 7.08 to 7.09. November 6.89 to 6.41. December 6.35 to 6.37. January 6.35 to 6.37. Sales ranged with August at 6.96 and large August and September lots. Total sales 18,600.
New Orleans market notes show prime refined cotton seed oil priced at 7.15 cents per pound in barrels. Meal ammonia priced at 29.00 dollars per long ton and cake at 27.50 dollars per long ton.
The Producers Oil Co. struck an 1800 barrel oil gusher at Humble today, the second wells producing in the town this week. The find underscores ongoing growth in the Houston area oil fields.
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