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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jul 12, 1911
Page
13
The first Colorado celery shipment arrives in the car market with 200 bunches of twelve stalks selling in twenty five minutes at one dollar per bunch. Buyers report strong demand and note shortage of commission men while other produce like cabbage beans and potatoes face price shifts across Texas Michigan and Minnesota markets.
Shipper commissions and retailer prices listed for dairy and poultry items. Butter creamery at 25c per pound, untry butter 12 165c, various cheeses 18 24c, Limburger 20c, import SKc. Hens and springs priced per dozen or per ten, squabs and turkeys by unit or pound with several cents values.
Quotations show butter steady with creameries at 20 24 cents and dies 18 22 cents. Receipts total 15 650 cases with firsts and prime firsts at 15 ¾ cents. Eggs easy. Cheese, daisies 3 4 cents. best varieties steady. Poultry live and turkeys 12 cents. veal prices by weight bands steady.
AP report from New York July 12 notes egg price quotations with irregular receipts at 13 986 cases and regional offerings. Gathered white eggs range from 21 to 28 cents with western gathered white from 17 to 20 cents.
Quotations show reckens lic springs 16c turkeys 15 17c ducks 9c geese 5c butter creamery 24%c eggs unchanged.
Quotations from Kansas City on July 12 show prices for creamery milk and eggs. Nascreamery at 23c, firsts 21c, seconds unknown, packing stock 17c. Bees extras 19c, firsts 16c, seconds not fully listed.
SAN ANTONIO TEX July 12 7 a m Forecast till 7 p m Thursday. For San Antonio and vicinity unsettled tonight and Thursday. East Texas unsettled with showers in east portion tonight or Thursday. Air pressure above normal and evenly distributed. Rain in the Panhandle with some cloudiness in the southwest. Overall the weather is fair. High temperatures in eastern states cooler in northern Rocky Mountain districts.
At Union Stock Yards on July 12 the cattle market improved from yesterday with steady to active trading. Desirable cows drew bids up to 3.50 with many around 3.00, calves from 4.00 to 4.50, and best lights near 5.00. hogs saw brisk trade with prices 6.00 to 6.50 for desirable hogs.
Sabinal reports large oat shipments with rising prices as feed shortages push costs higher. A Texas cattle market roundup notes water scarcity in the droughty north and widespread speculative stock movements, with local observers optimistic about relative regional strength. Iowa animals show strong gains in the feedlot with heartiness linked to appetite and size. The Texas Barnyard pamphlet highlights state livestock counts including mules cattle hogs and sheep and vast fowl populations.
Live stock receipts total 4100 cattle 3000 hogs 1900 sheep with beef cattle declining while butcher and stocker steers held steady. Calves gained slightly as 55 car lot yarding centered on medium quality steers trading $3.75 to $4.25 while higher grades sold steadier. Hogs: dealers steady to down slightly with tops $6.65 and common hogs $5.60 to $6.05. Sheep demand strong with wethers and mix classes bidding up, a Llano deck ewe bringing $4.10.
Chicago July 12 receipts show cattle estimated 18 000 with market steady to a shade down. Hogs receipts about 22 000 with market generally steady. Sheep receipts 16 000 with market strong to ten cents higher. Prices listed for Reeves Texas steers western steers stockers feeders cows and calves hog categories and native western lambs and yearlings.
Receipts total about 6000 cattle with natives and southerns mixed, hogs near steady with bulk at 6.25 to 6.45, and sheep receipts around 4000 with muttons 3.40 to 4.26 and lambs 5.75 to 7.00. Prices vary by category including western and stocker steers and feeder ranges.
Receipts total about 6000 cattle including 1200 Texans with market steady. Native beef steers fetch 4.50 to 6.75, cows and heifers 3.00 to 6.50, stockers 3.75 to 4.75, Texas and Oklahoma cattle 3.25 to 6.00, calves around 5. Pigs and lights 6.50 to 6.70, packers 4.50, heavy hogs 6.65. Sheep receipts 5500 with native muttons 3.25 to 4.25 and lambs 4.00 to 5.00.
Opening prices were near yesterday's close with few moves. Louisville and Nashville and Minneapolis St Paul and St M advanced slightly while General Electric fell the same amount. Major issues dipped as low as a half to three quarters, Canadian Pacific slipped one percent, and Texas Company fell 1.5 percent. Bond yields were steady as trading waned and the market closed heavy amid mood of apathy.
New York opened steady up 6 points but fell 2 to 4 points on other months after disappointing cables and showers in the Southwest. July and later months declined 13 to 16 points on liquidation. old crop down 4 to 6 points, new crop down 10 to 11 points, with minor late recovery. Spots at middling uplands 14.26.
New Orleans July cotton futures opened steady then weakened amid poor cables and bearish Texas reports. Traders noted 56 bales received in Houston boosting 87 to date while July held near yesterday's close. rest of list fell 12 to 18 points by noon and closed 11 to 18 points under prior close.
In New Orleans on July 12 the Associated Press reports cotton futures opening steady with July 14 at 58 bid and August at 13.69. Other months quoted include September 12.88 October 12.73 January 12.78 80 and March 12.88 with Dec 12.74 asked.
Close spot cotton gains 8 points with American middling fair at 8.36 and good middling at 8.04. Daily sales reach 10,000 bales with 1,600 for speculation and export and 9,000 American receipts. futures curve edges higher through March.
Midday market round shows Liverpool steady and New York quiet while New Orleans eases. Houston holds steady with slight gains, Galveston quiet amid light activity. Prices per unit and volume figures implied by the report indicate muted overall demand in the early session.
The New York market report notes steady sterling exchange at 484.75 for sixty days and 486.40 for demand, with commercial bills at 4.84. Bar silver sits at 52 7-8c and Mexican dollars at 45c. Government bonds remain steady while railroad bonds stay firm. Money on call runs 2 1-4 to 2 1-20 with a ruling rate near 2 1/4. Time loans show strength with sixty days at 2 1/2 to 2 3/4, ninety days at 2 3/4 to 3, six months around 3 8.
Spot cotton in Memphis on July 12 held steady with middling grade at 14%c, unchanged from earlier quotes.
New York on July 12 reports spot cotton quiet with middling and middling gulf prices unchanged at 14.25 cents and 14.50 cents respectively. No sales were recorded.
Houston July 12 spot cotton closed steady at middling price of 14 1/2 cents per pound. Market watchers noted stable demand with no notable fluctuations in nearby tonnage as traders awaited further announcements from textile buyers.
Galveston Texas reports spot cotton markets quiet on July 12 with middling grade blotting at 14 5 8 cents and no sales recorded.
Washington July 12 The Bureau of Statistics reports June was decidedly unfavorable for growing crops across the United States with overall condition 2.8 percent below average on June 1 and 10.7 percent below the July average. Cotton lemons oranges lead the June-July condition table while acreage-based projections show wheat up 1.4 percent and corn up 4.9 percent. oats and other crops show declines. Wool average fleece weight rises to 6.8 pounds from 6.7 last year.
Cotton statistics for today compare Houston Memphis Augusta and other cities with figures including 56 new bales noted in the report.
Last week year exports to Britain total 4 260 766 with France at 2 812 and continent shipments at 8 676 2 442, indicating varying regional demand and overall export activity.
The Associated Press reports Memphis on July 12 shows prime basis oil at 5.34 cents, meal at 24.75 dollars, and linters at 3 to 4 and a half cents.
New York July 12 cottonseed oil quotations were issued showing current bid and offer levels across standard contract sizes and grade distinctions. The market round noted minor fluctuations reflecting supply and demand signals for nearby and distant delivery periods.
Liverpool's current stock stands at 665000 bales, up from 500000 at this time last year and 1056000 two years ago. The stock afloat for Liverpool is 64000 bales, higher than 57000 a year ago and 76000 two years ago. Eu ro cotton afloat from the United States totals 73000 bales, down from 125000 a year ago and 168000 two years ago.
New Orleans reports spot cotton prices easing with declines from 3 to 16 cents. Quotations show a range from low ordinary to good middling with receipts listed at 490 bales and total stock around 9,994 bales.
New Orleans July 12 The local rice market saw thirty five sacks of new rough Honduras sold at 4.36 a unit, seven days ahead of last year’s first shipment. Rough Honduras and Japan rice remained steady with modest sales reported for rough Honduras 36 sacks at 4.36 and clean Honduras 938 sacks at 115 16 4c, receipts 347 rough sacks and 270 clean sacks.
Wheat storage pressure and huge year end receipts pushed Chicago trading downward. Receipts reached 505 carloads, supplies loom large, cooler weather aided spring crop maturity, and September prices slid from 90 to near 89. Corn and oats followed weaker trends with mixed recoveries, while hogs and pork saw modest price movements.
Chicago July 12 receipts and shipments today were reported with totals for grains arriving and leaving the market. The brief figures list corn oats and other staples moving through the Chicago grain exchange as buyers and sellers transact.
Receipts totaled 605 wheat cars including 438 contract grade, 178 corn cars with 65 contract grade, and 93 oats cars. Wheat totals at Chicago Minneapolis and Duluth reached 630 cars, up from 620 last year and 175 the year before.
Chicago July 12 cash grain prices listed for wheat and corn with bid quotes for No 2 red No 2 hard No 1 northern and No 2 spring and corn No 2 No 3 White No 2 yellow plus oats No 2 and No 2 white standard values with cents per bushel indicated. Prices range from 87 to 98 cents for wheat and 64 3 4 to 66 cents for corn and 44 3 4 to 48 1 2 cents for oats.
The report shows cash grain firm for wheat and corn rising in value. Wheat futures gain with July at 86 1 8 to 86, September 87 5 8, December 91 3 4 cents. Corn futures climb with September 67 1 4 to 67 3 4 and December 65 4 cents. Oats hold steady with September 47 and December 49 1 4 cents.
Associated Press reports steady cash wheat with minor declines for No 2 hard red and No 2 red prices. Corn shows small losses across products with No 2 mixed at 68 to 69 cents. Oats hold with No 2 white around 48 to 49 cents. Futures: wheat September about 86 5 8 cents bid, December 89 7 8, corn September 69 3 8, December 64 1 2, May 67 3 8 to 67 1 2 cents.
In St Louis on July 12 wool markets were steady with medium grade wool for combing and clothing quoted at 18 to 20 percent. Light fine wool sold 14 to 15 cents, and tub washed wool ranged from 25 to 30 cents per pound.
The cotton goods market was quiet and steady yesterday. New lines of corded woolen suitings for men’s wear opened for 1912 with prices reduced 6 to 10 percent from last year. There was little silk piece goods or ribbons in stock.
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