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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jul 13, 1912
Page
7
Observations at 8 a m show air pressure at sea level and isotherms drawn for key temperatures. Forecast to 7 p m Sunday predicts fair in San Antonio region and East Texas. Precipitation yesterday was none with a 0.04 inch daily deficit. total since January 1 is 18.76 inches with a 1.70 inch deficiency.
Readers learn of a strong Texas fruit and canning season with bumper crops and low prices. Cantaloupes and tomatoes surge as housewives stock up, while milk products rise in price. San Antonio and Dallas-Houston markets expand. prices for cheese, eggs, and canned goods reflect a robust, regional trade.
July 13 Union Stock Yards reports a light cattle run with one load of beeves shipped to local packers. Cows and calves sold around $4 to $4.50, calves up to $5, hogs topped at $7.85 with most at $7.50. Sheep and goats scarce and not offered. The market closed at noon and overall activity stationary yet prices in line with peers.
Weather data from San Antonio July 13 notes 24 hour figures ending 8 am 76th meridian time. Belt weather generally fair with above normal temperatures and rainfall exceeding an inch at Montezuma Greenwood and Waycross.
Fort Worth experiences a pig influx as Armour & Co buys 902 hogs at St. Joseph for shipment to Fort Worth. Local prices fall with hogs at 8.10 top and imports indicate scarce regional hogs. Cattle 136 head, calves 44, hogs 1060, sheep 101. lambs 3.75.
Receipts and prices for cattle hogs and sheep released in Chicago. Cattle receipts about 200 with steady market. cattle ranges and care prices from 5.60 to 9.70 for beeves and 2.05 to 9.16 for calves. Hogs receipts around 9000 with slow to steady demand. price spread from 5.50 to 7.60. Sheep receipts about 8000 with market weak to steady. native and western lambs and yearlings priced from 3.25 to 7.70.
ChicagoJuly 18 Cool weather north west aimed to curb rust and ease wheat prices. September wheat opened at 1.01 dollars and slipped to 1.01 1/16 amid modest losses. Corn weakened as wheat fell, while oats followed. Provisions fell on unloading with September pork at 158.35 and ribs at 10.47. Illinois corn growth limited rallying power and close remained down for September at 0.04.
New York opened steady to three points lower on realizing for the week end. Offerings were well absorbed and the market held near last night’s close through midmorning. Bulls remained active on dips amid reports of possible crop damage from wet eastern belt and dry weather elsewhere.
New Orleans July 13 cotton futures opened steady with declines of 2 to 6 points as traders took profits and weather prospects showed little rain east of the belt. Early trading had prices about 7 to 12 points below the prior close with firming by mid-session.
New Orleans July 13 The cotton futures market opened steady with January at 12.62/68, March 13.73, May 12.83/85, July 13.06 asked, August 12.92, September 12.73, October 12.59/60, and December 12.58 asked.
Close cotton in Liverpool on July 13 shows spot gains with American middling fair at 7.83 pence, good middling 7.55, and middling 7.21. Sales reach 8000 bales, including 6900 American bales, with 4000 bales received, largely American, and 3700 American bales among receipts.
Cattle receipts 6500 with 800 Texas stock steady values for native beef steers 5.76 to 9.50, cows and heifers 3.50 to 8.90, stockers 3.60 to 6.76, Texas Oklahoma steers 4.50 to 8.00, calves 5.00 to 8.00. Hogs receipts 5000 steady with pigs 5.75 to 7.60, mixed and butchers 7.45 to 7.60, heavy 7.55 to 7.70. Sheep receipts 1400 steady with native muttons 3.75 to 5.26, lambs 5.00 to 8.26.
Receipts today include 300 cattle 200 southern and 3000 hogs 200 sheep. Cattle prices range native steers 6.50 to 9.60, southern cows 3.25 to 5.50, western steers 6.50 to 8.90, calves 4.60 to 5.00. Hogs sell 6.00 to 7.55 with bulk 7.40 to 7.50. Sheep 3.50 to 5.00 for muttons and lambs 6.60 to 8.00, range wethers 4.00 to 5.75, ewes 2.75 to 4.10.
Futures for July through May contracts were listed with steady firm starts and a quiet close. Key quotes included July 6.96, August 6.95, and later pairs such as Sept 6.81, Oct 6.76, and Dec 6.72, reflecting a calm market.
Galveston July 13 spot cotton closes steady with revised classes. Prices show low ordinary 86 16, ordinary 95 16, good ordinary 10%, low middling 11%, middling 12%, good middling 13%, middling fair 13%. Sales 30, f. o. b. value $5, receipts 1124, total stock 34,692.
Chicago prices list cash wheat with values for No 2 red No 2 hard No 1 northern and other grades. Corn and oats quotes shown with No 2 and white varieties and percent equivalents.
Spot cotton markets end July 18 in New York with middling steady at 13 cents and various grades listed. Receipts total 6 bales and stock stands at 31,266.
Spot cotton in New York on July 13 finishes quiet. Middling upland priced at 12.50 and middling gulf at 12.76 per hundredweight with no sales reported.
Spot cotton in Memphis Tennessee on July 13 remains unchanged with middling at 12 1/2 cents per pound.
Quotation snapshot shows eggs receipts 10,104 cases and potatoes easy with 40 car arrivals. Cheese remains steady as Oklahoma, Ohio, Kansas, and Missouri prices and barrels listed. live poultry firm at 12 to 14 cents, chicks 10 to 14 cents, springs 20 to 24 cents. veal steady at 9 to 10 cents.
Quotations show poultry at Chickens 18c, springs 18 SS 14c, ducks 9% 12c, geese 11c. Butter dull at 2% 25c creamery. Eggs weak at 0. lic.
Cash wheat values show No 2 red old at 1 12 to 1 16 and new 1 07 to 1 10. No 2 hard new at 1 04. Corn No 2 77 to 81 cents. Oats No 2 old 44 and new 41 cents. White No 3 47 to 48 cents. September wheat 1.00, December 1.02. Corn futures firm with September 0.69 and December 0.66. Oats weak with September 0.34 and December 0.375.
Prime basis oil at 5.83 87 cents per pound. Meal priced at 27 dollars per ton. Linters at 2 1 4 cents. In New Orleans refined prime cottonseed oil in barrels 7.16 per pound. Choice meal with 8 percent ammonia 29 dollars per long ton. choice cake with 8 percent ammonia 27.50 dollars per long ton.
The report lists wind direction and speed in the first two columns, followed by temperature, rainfall, and overall weather conditions. Observations are noted for a specific location on Saturday July 18 1912 at 8 a m.
On July 13 the Kansas City market reported prices for grains and corn futures. Cash wheat ranged from No 2 hard to No 2 red around $1.00 to $1.01 per bushel, corn No 2 mixed 79c and No 2 white 88c, oats No 2 white 46% to 47c, No 2 mixed 41% to 42 1/2c. Futures showed July wheat 95 1/2c, Sept 98 1/2c, Dec 1c. corn July to Sept at 857/4c and 56 1/4c. oats July 44 1/2c, Sept 45c.
New York July 13 spot prices for cotton seed oil show declines across months from July at 6.60 61 to January 6.20 23. Trading activity notes 15 400 total sales with multiple blocks in August and October and several small lots through September and November.
Copper remains firm with spot at 74 pounds 2s 6d and futures at 74 pounds 17s 6d. London tin eases with spot 201 pounds 10s and futures 197 pounds 15s. Spelter in London at 26 pounds. Iron warrants for Cleveland listed at 568 4%d in London.
Raw sugar and molasses hold steady as Muscovado 89 test is 3.36 cents per pound and centrifugal 3.86 cents. Crushed sugar 5.70, fine granulated 6.00, powdered 6.10. Petroleum refined at 8.60 per barrel. New Orleans open kettle 87 52 cents.
Market report notes steady hides in Bogota with Central America at 24 percent. Leather firm with Hemlock firsts at 25 27 cents, seconds 24 26 cents, thirds 21 22 cents, rejects 15 cents.
New York report notes copper and iron largely unchanged with slight gains in electric and casting categories. St Louis: lead at 4.671 percent and spelter trading firm between 7.15 and 7.20.
The comptroller of the currency reports June 14 condition of national banks compared with April 18 with gains of 71.7 million dollars in loans and discounts 13.5 million in cash and 113.4 million in individual deposits across banks in Washington on July 13.
The weekly statement shows New York clearing house banks hold 10,706,550 dollars in excess of legal requirements, up 16,119,750 dollars from last week, indicating a robust reserve position.
A girl was born to Mr. and Mrs. Wiederman on July 10 at 1238 Cactus street. A child was born to Mr. and Mrs. Johnson on July 6 at 116 Nebraska street. A girl was born to Mr. and Mrs. Pine on July 4 at 424 Ash street.
The cotton goods markets in New York July 13 reported stronger trends with Worsted yarns up to 1.10 per 2-4 ounce half blood and low end balbriggans for spring advanced to a dozen. Buying proceeding on a moderate scale.
Burial permits list several individuals with ages and death dates. Lola Yiores four months died July 12 at Monterey street. Janie Kovalik twenty four died July 12 on San Jose street. Rebecca Lyons sixty eight died July 12 at Morales street. A B Rippstein thirty eight died July 12 city hospital. Elma Mueche twenty one died July 11 at 726 a DE se Marcos street. Russell Caffrey year unspecified died at 723 Carson street. Charles W O Connor thirty six died July 11 at 538 South Flores street.
Wool trade in St Louis shows steady rates with greasy and washed lots unnamed. Quotations indicate merino and other grades at 23 to 36 cents per pound with fine fleece around 26 to 26.5 cents, while washed wool quoted higher reflecting quality.
R G Dun reports seasonable business volume with harvest optimism boosting demand for merchandise. Production slowed by heat and repair needs, labor shortages delay furnace output, but deliveries remain strong. iron prices firm. Dry goods buy slowly, woolens solid, wool costs rising. Footwear firms restart, Boston markets active, leather and hides in demand at higher prices.
The article notes the Monitor Merrimac battle anniversary and cites Hudson Maxim on a forty-foot wooden motor boat armed with a three inch gun as today capable of destroying the Monitor, illustrating advances in guns and marine engines over the past fifty years.
In New York on July 13 small dealings and irregular price changes marked the opening. St Paul fell below par while gapers' weakness appeared in early trade. The market drifted dull through the first hour and closed much as it began with no standout features.
New York July 13 close shows prime mercantile paper at 4 1 4 percent, sterling exchange steady with 60 day bills at 4 84.75 and demand at 4 87.35. Commercial bills at 4 84, Bar silver 60, Mexican dollars 48 %. Government bonds steady, railroad bonds easy.
New York July 13 money on call nominal Time loans firm 60 days 3 percent 90 days 3 percent six months 4 percent 3 percent per cent observed in market.
London report notes bullion valued at 98 000 pounds sterling seized into the Englance branch on balance yesterday in a financial incident.
London Consols steady at 75% with 2% money rates and bills at 3. Paris three percent rentes quoted at 92f 30c for account. London checks exchange at 251 24c. Private discount rate 2%.
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