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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jul 19, 1912
Page
13
Observations show unsettled conditions for San Antonio and East Texas with showers expected along the coast tonight or Saturday. Precipitation yesterday 0.70 inch. total since January 1 15.45 inches, deficiency 0.75 inch. First figures indicate temperature, second rainfall in inches. forecast covers till 7 p m Saturday.
New York stocks opened with losses, mostly fractional, led by a two point rise for Virginia Carolina Chemical. Early trading saw gains in Reading Union Pacific Amalgamated while Steel held steady. Late morning brought quiet accumulation, then a steady to firm finish with best prices of the week, aided by Union Pacific and Steel.
New York July 19 close shows prime mercantile paper at 4 percent. Sterling exchange firm with bankers' bills at 4.85 for sixty days and 4.87.70 for demand. Commercial bills 4.84 percent. Bar silver 60 cents per ounce. Mexican dollars 48 cents. Government and railroad bonds steady.
In New York on July 29 the money on call rate held steady at 2 3 percent as the ruling and closing bid. Time loans showed small increases with 60 day at 3 percent 90 day at 3 percent and six months at 4 percent.
London copper firm with spot at 76 pounds 7s 6d and futures 77 pounds. Tin remains strong with spot 199 pounds 58s and futures 197 pounds 5s. Local tin sales reach five tons. lead at 18 pounds 11s 3d. spelter at 26 pounds 6s. iron warrants in London at 67s 144d via Cleveland.
In London on July 1 American securities opened near parity but drifted lower led by Canadian Pacific. By noon the list stood between 4% above and 4% below yesterday's New York close.
In St Louis on July 19 values show lead at 4 45 with quieter performance and Spelier advancing as stronger with 7 20 timing.
Weather unsettled with above normal temperatures. Rainfall 1 inch or more at many locations in the Moise, Vicksburg and New Orleans districts. Lafayette reports 3.40 inches. Local forecaster Len Buell notes 24 hour period ending 8 oclock this morning.
Receipts of new wheat and oats on this market show material falling off as farmers hold grain for higher prices. Oats firm due to lighter offerings. wheat and oats quotations viewed as too low. Millers grind new wheat while yields rise nationwide, depressing late wheat markets. Vegetable markets show shortages and strong cantaloupe, tomato and fresh green produce movement. recent rains improve sentiment.
Quotations in Chicago on July 19 show butter and cheese steady with creamery and Daisy varieties near previous levels. Eggs firm at about 27 cents for daisies, potatoes firm with Illinois, Kansas Missouri ranges, and poultry steady with turkeys around 12 cents and chicks 18 to 18 2 cents.
Quotations for today list creamery butter at 24 cents for firsts 22 cents for creamery, 20 cents for seconds and packing stock 20 cents. Extras 19 cents, firsts 17 cents, seconds not clearly legible.
Quotations show poultry steady with chickens 30c for turkeys, 16c for springs, 13 30c? ducks 9 12c, geese 5 ilc. Butter creameries reported at 22 25c and 18 21c for a related dairy line.
New York reports a steady tone across raw sugar with muscovado at 8.48 cents, centrifugal at 3.98, and molasses sugar at 3.23 cents. Petroleum and hides hold steady while molasses remains quiet and leather remains firm.
Fort Worth packing houses have turned their 1000 refrigerator cars over to the railroads to handle the Texas peach crop. Railroads faced a car shortage but this relief is expected to save growers and lines thousands of dollars for the state.
At 8 a m Friday July 1912 wind direction and velocity observed. Temperature rainfall and state of weather recorded in columns. The fragment notes basic meteorological data for the period.
Fort Worth on Friday saw a modest cattle sale with 1500 cattle and 900 pens, hogs at 125 head, and 170 sheep. Quality was weak with only a few good bullocks from Archer county. hogs sold around 7.95 to 8.10, cattle top at 7.50, and no sheep offered.
Light receipts kept buyers cautious at Union Stock Yards as fewer than 50 cattle traded. Best cows topped $4.25, calves ranged $3.50 to $4 with averages near $4.50, calves as high as $5. Hog sales opened near $5 with no sheep or goats on offer. Rain improved spirits among stockmen amid notes of potential dry range easing.
Chicago reports today show receipts for cattle at about 1000 with varying quotes from 2.60 to 8.50 for cows calves and stockers. Hogs receipts around 11000 with markets strong and prices from 5.40 to 7.85. Sheep receipts near 10000 with native and western bids from 3.16 to 7.40 and yearlings and lambs listed.
Cattle receipts 1000 with 700 southern. market steady. Southern steers 4.25 to 6.75, southern cows and heifers 3.25 to 6.25, stockers 4.25 to 7.00. Hog receipts 3500. bulk sales 7.40 to 7.65, heavy 7.35 to 7.45, packers 7.40 to 7.65, lights 7.50 to 7.70, pigs 6.00 to 6.75. Sheep receipts 10,000. market steady. Muttons 3.50 to 3.75, lambs 5.50 to 7.00, range wethers 3.50 to 5.00, range ewes 2.40 to 4.50.
Receipts total 600 cattle including 300 Texan, 5500 hogs, 1000 sheep. Cattle prices range from 3.50 to 9.50 for steers and cows, hogs from 6.75 to 7.90, sheep $3.75 to 8.00. Market unchanged with stable tone.
Cotton seed oil closed steady with spot prices ranging from 6.40 to 6.60 and future bids across August September and December. Trading varied with multiple lots moved: 660 August at 6.54, 900 August at 6.58, 600 September at 6.65, plus 500 December at 6.32 and 200 January at 6.32.
New Orleans July 19 cotton seed oil refined in barrels per pound 7.15. Choice meal at 8 percent ammonia per long ton 29.00. Choice cake per cent ammonia per long ton 27.50.
New York July 19 reports say cotton goods markets ruled firm with moderate business. Cotton yarns are higher and men s wear openings for spring 1913 show advances from 7 to 26 cents a yard as jobbers buy moderately.
New Orleans July 19 clean rice prices held steady with little change. Quotations for rough and milled rice were reported. buyers and sellers noted nominal activity with limited offerings. Prices listed include rough Honduras and other varieties, reflecting a quiet trading day.
Wool in St. Louis shows steady trading with merino grades for combing and clothing at 23 to 26 cents, light fine at 19 to 21 cents, heavy fine at 18 cents, and tub washed at 26 to 36 cents.
Chicago July 19. Wheat futures rise as Dardanelles closure and grain export blockades boost buying. September opens up 1.5 to 2 cents, later retreating to 93 3/4. Corn and oats show similar early gains before slipping. hogs and provisions firm as cereals strengthen. Market ends unsettled: September wheat up about 1 cent, corn down from intraday highs.
Cash wheat and corn prices listed with No. 2 red at 97 cents to 1.14 dollars per bushel and No. 2 yellow at 71 cents. Oats show No. 2 white at 52 to 53 cents and standard at 50 cents. Duram and spring varieties priced around 1.00 to 1.14 dollars.
The record shows cash wheat prices for No 2 red new at 1.00 to 1.03 and No 2 hard, corn No 2 at 77 to 78 cents with white at Ste. Oats No 2 at 48 to 49 cents with No 2 white. Futures list September wheat 944 cents Dec 914 cents. corn Sept 6544 cents Dec 5A cents. oats Sept 32 cents Dec 33 4 cents.
Quotations show prices for wheat corn oats and meal with various grades and months. Prices listed include No 2 hard wheat at 93 94 cents and July oats at about 40 40 percent, with seasonal futures for September and December.
W E B Matlone and wife transfer lots 6 and 7, block 29, new city block 1824 Beacon Hill to Ed Hayford for 2800 dollars. Ka Slenker transfers lot 5, block 44, city block 653 Virginia Street for 1500. John Harrison transfers lots 18 19 and 20, block 9 news block 651 Indiana Street for 1. W J Burns and George B Tallaferry with Jo Re Kerr Samp Russ and M Mark transfer a tract 46.4 feet from Majin Avenue and 60.2 feet on Carreta Street for 36800.
Patmie Putman have just sold their 396 acre farm at Nursery Victoria to Joe Nitschmann of the Lindenan section for 42 dollars an acre. They bought the land two years ago at 29 dollars per acre.
The market opened steady with five to eight point declines amid selling due to lower cables and rains in the southwest. By late morning prices firmed near yesterday's close, with Dec and Oct touching 12 1/2 cents and sharp short-covering pushing gains before midday.
New York reporters note steady cotton futures with January at 12.88 and March 12.48 bid. May 12.55, July 12.13, September 12.25, October 12.35, December 12.37. Closing figures show a steady tone with mixed daily ranges and prices across contracts.
New Orleans July cotton futures opened steady to lower by 5 to 12 points on weak cables. Early trading showed scalping with some liquidation. By midmorning reports of grassy crops and worm damage supported buying while a mixed forecast prompted further activity. Prices fluctuated, ending the first half hour 7 to 8 points under yesterday’s close.
Market notes show July at 13.30 35 and August at 13.30 bid while September trades at 12.77 bid and October 12.58 with 569, December 12.57 58 and January 12.61 62. March 12.69 asked and May 12.77 78. Two futures close steady but down 1 to 7 points amid open, high and low figures and scattered numerical quotes across several entries including 18.40 23.846 and 12.50s range with various percentages recorded.
Close, Spot cotton quotes rise four points with American middling at 7 1 4d and good middling 7 6d. Daily sales total 8000 bales with 1000 for speculation and export and 6900 American. no receipts recorded.
Futures traded steady at July 7.00d and months ahead with mixed spreads. The market closed quiet with several forward positions unchanged as traders watched currency and demand signals.
World visible supply figures and coastwise port totals are given with last year’s comparison. The record lists total stock figures alongside foreign ports and compresses, showing 471 620 and 403 7.205 as the primary numbers.
Exports to Great Britain 5 055. exports to France 506. exports to continent 22 hi 6 082. Stock at ports shows yesterday 6 005 65. bales 533. Stock same day last week and stock same day last year listed. excess this season noted.
Liverpool reports weekly cotton data with imports of all kinds around 15,000 bales and American imports near 5,000 bales. Total stock of all kinds sits at about 889,000 bales with American stocks near 188,000. Forwarded American shipments total roughly 64,000 bales. exports reach about 6000 bales.
Official reports show Germany's foreign trade for the six months ending June 30 with imports totaling 1 273 400 000 dollars, up 102 659 000 from the previous six months, and exports at 1 053 075 000 dollars, down 79 670 000.
New York reports irregular Ege receipts totaling 15,625 cases as of July 19. Fresh gathered dirties No 1 priced at 15 16e per unit.
July New York coffee futures held steady with Rio No. 7 at 14 percent, September at 13.90 and March at 13.89. Prices moved within narrow ranges as traders watched market cues and delivery dates.
New Orleans spot cotton markets open unchanged with 45 sales on the spot and 25 awaiting arrival. Quotations range from low ordinary at 9 16 to good middling at 13 1 8 cents, with middling fair near 14 cents and receipts at 987 while stock stands at 33 361.
Spot cotton in Houston on July 19 closed steady with no change. Freight and shipment figures show 1,129 shipments and a stock of 23,220, while grades range from low ordinary to middling fair with prices listed from 8% to 13% for various categories.
Galveston Texas July 17 spot cotton closes firm unchanged with grades listed from low ordinary to good middling. Prices range from 8 5 to 13 5-8 cents, sales 25 f.o.b. 314. Receipts 717 stock 27,718.
Spot cotton in New York on July 19 closed quiet yet 20 points higher with Middling Uplands at 12.80 and Middling Gulf at 13.05. Sales reached 400 bales.
MEMPHIS SPOTS reports spot cotton steady at 12.38 cents per pound on July 19 with prices unchanged in Memphis. Local buyers indicate light activity as mills watch market cues and weather in the region.
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