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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jul 20, 1912
Page
7
Wholesale district sees fair activity despite morning showers keeping customers indoors. Merchants note rising country loans and cash sales as farmers’ crops loom. First cotton bale arrives in San Antonio and tomato canners face supply concerns and tight pricing under new filling rules.
A long list of commodity prices is given including poultry, butter, cheese, eggs, vegetables, fruits, nuts, syrups, baked goods, meats, lard, sugar and coffee, dried fruits, canned goods, canned meats, hides, flour and bran, and grain. Specifics include medium hens $4.50-$5.00 per dozen, turkeys 12-13 cents per pound, California oranges $3.50, lemons $4.60 per box, Texas potatoes $1.75 per cwt, sugar $5.70 per 100 pounds, Maxwell House coffee prices, prunes 60-60-10% etc.
Boston wires report several commodity bids with Arizona Commercial at 6 percent Calumet and Arizon at 75 percent Greene-Cananea at 9 percent and North Butte at 304 percent in light trading.
New Orleans July 20 rough grades were nominal with clean rice steady and quotations unchanged. Receipts included rough 89 and millers 98 while sales showed clean Honduras 423 and clean Japan 50.
New York July 20 Coffee futures mixed with No. 7 Rio steady and alerts for September and March contracts noting steady bid tones amid light trade as market moves.
Saturday's market saw 139 cattle 7 calves and 1 hog sold on arrival with no crowding and a noon close. Best cows reached 4.25 with most cattle 3.50 to 4.00. calves up to 5 with similar general levels. hog at 8. Market observers expect light week ahead as buyers limit purchases and rain could curb shipments.
Weather unsettled with temperature nearly normal for the 24 hours ending 8 oclock this morning. Rainfall over an inch at Wilmington NC totaling 1.20 inches. Allen Buell, Local Forecaster, Weather Bureau, notes the 75th meridian time.
Observations taken at 8 am Saturday July 20 1913 record wind direction in column one wind velocity in column two temperature in column three rainfall in column four and overall state of weather in column five.
Fort Worth reports a slim hog run with 1200 hogs received from St. Joseph and Texas Oklahoma markets weak due to feed shortages. Cattle and calves showed nominal trends with 179 head cattle and nine calves. Hogs topped at 8.10 while sheep and lambs moved steadily in light volume.
Receipts totaling about 200 cattle 9000 hogs and 4000 sheep were reported. Cattle markets slow to steady with varied price ranges for beeves Texas and western steers stockers cows and calves. Hog market strong with several price tiers and bulk sales around 7.55 to 8.60. Sheep market steady with native and western ranges and yearlings and lambs priced accordingly.
Receipts total 3000 cattle including 200 Texas cattle with market steady. Native beef steers 4.76 to 4.50, cows and heifers 3.50 to 6.60, stockers 3.50 to 6.76, Texas and Oklahoma steers 4.50 to 8.00, cows and heifers 8.50 to 7.70, calves 5.50 to 8.00. Hogs receipts 1600, market steady. pigs and lights 6.25 to 7.95, mixed and butcher 7.50 to 7.96, good heavy 7.70 to 7.95. No sheep.
Receipts today include 600 cattle with steady demand and prices from 3.25 to 9.50 for natives and south erns. Hogs run 38,000 with a five cent higher tone and bulk sales from 7.35 to 7.60, heavy at 7.80 to 7.45. Sheep receipts zero and markets steady with lambs 5.50 to 7.00 and range ewes 2.50 to 4.26.
Quotations show eggs with no market and cheese steady. Receipts include 11 575 cases of eggs and 40 rail cars of potatoes with mixed regional prices. Poultry live prices ease with turkeys at 12 cents and chickens 18 to 23 cents per pound. veal remains steady though garbled.
New York reports butter unchanged and eggs steady with receipts listed at 10,463. Market tone notes little change in prices and steady supplies for mid July trading.
St. Louis market notes Chick enshiie springs at 16 19c turkeys 14 30c ducks 12 12c geese 5 111c Butter creamery 22 25c Leggs 14c.
Raw sugar holds steady with muscovado at 3.4 percent centrifugal and 96 test, refined quiet with crushed at 5.80 cents per pound. Molasses steady with open kettle New Orleans listing 37 barrels for open sale and petroleum steady with refined barrels at 8.60 mentions.
In St Louis on July 20 activity shows lead at 4.70 and spelter at 7.20 against a weak lead market and strong spelter demand.
Kerrville Texas reports the West Texas fair will run August 21 for three days and feature big races with large purses. Officers are J. M. Hamilton president and Charles Real secretary who recently secured amusements from San Antonio exhibitors. Exhibition space applications pour in for stock pens and stalls, signaling strong local interest.
Chicago reports July 20 with wheat prices weakening after news that the Dardanelles closing would be deferred. Cool weather in Minnesota and the Dakotas favored bears while oats rose on rainfall in harvest zones.
Chicago prices list cash wheat and corn with varying grades and prices. No. 2 red wheat at 98 4/scorn and others show No. 2 hard No. 1 northern and durum values. Corn and oats prices by grade are also stated with fractional cents and ranges.
In London on July 20 Consols slid to 74 1/2 percent, extending a steady decline. The fall is linked to the morning naval action at the Dardanelles and fears of wider European consequences from the battle.
London report says bullion valued at 41000 pounds was taken in a Bank of England balance today. The incident appears to involve a significant theft from the bank’s reserves.
Paris reports three per cent rentes at 93f 17c for the account with exchange on London quoted at 25f 24c for checks and a private rate of 2 percent.
New York opened barely steady with a 6 to 9 point decline and then sold 10 to 12 points lower on week end liquidation. Cables remained easy, southwest rains urged selling, while late futures showed modest recovery near the morning high as wet weather loomed.
Futures prices for contracts including January through December show small changes with January at 12.367 and May near 18.50. Closed steady with mixed intraday data across months and various bid and price points noted for the session.
New Orleans July 20 cot ton futures opened 9 to 13 points lower on light cables. Trade was light as sellers from weak Liverpool action dominated. Shorts showed some cover, weather forecasts hinted at rain in the east and Texas, aiding a late-day steadier as reports of strong Atlantic spot demand and army worm damage in Alabama supported prices.
The market shows July at 12.96 nominal and August at 12.72 with successive months drifting, while December sits around 12.51. Cotton futures closed largely steady with a slight overall decline of about 6 to 8 points amid varying bid and asked prices across the forward curve.
Liverpool July 20 closing market shows a quiet session with prices down across grades. American middling fair at 7.964, good middling 7.554, middling 7.194, low middling 6.95d, good ordinary 6.47d, ordinary 6.99d. Sales total 6000 bales, including 800 for speculation and export and 3900 American. No receipts.
Futures in Liverpool steadied with quotes across the curve. July at 6.944, several forward spreads shown from July-August to May-June, with decimals indicated and small d markers suggesting discounts or adjustments.
New Orleans spot market remains steady with middling at 13 3 4 cents per pound. Receipts total 610 bales, stocks rise to 32 964. Prices for various grades range from low ordinary around 9 9 to high good middling near 13 13 16 cents.
Galveston July 20 spot cotton closes steady with values unchanged. Prices listed include low ordinary 8.5 to 9.5, ordinary 9.5 to 9.6, good ordinary 10 percent, low middling 11 percent, middling 12 percent, good middling 13 percent, middling fair 13 percent. Sales none, receipts 177, stock 27,912.
Spot cotton closed steady with unchanged prices across grades in Houston on July 20. The session reported sales of 89 bales, shipments 412, stock at 22,987, with grade ranges from low ordinary to good middling and no f. o. b. and no shipments to origin listed.
In New York on July 20 spot cotton remained steady with uplands at 12.80 and gulf at 13.05. The market overview notes no essential changes in value across grades.
Cotton seed products report from Memphis and New York on July 20 shows prime basis oil at 6.76 77 with mean 27, linters 24% 4c. New York spot and futures list several prices for July through January, with totals of 800 units sold across September October and December contracts.
Spot cotton in Memphis Tennessee on July 20 is steady with middling grade quoted at 12 3/4 cents per pound. Local market activity shows stable prices for current trading.
Connie Mark, manager of the world's champions, and Bert Leopold of Altoona acquire the Reading Tri-State franchise and players, to operate as Reading Exhibition company. The club, originally Altoona, was forfeited after a $2000 bond was not posted, with President Carpenter ordered to sell.
New Orleans on July 20 reports Prime refined cotton seed oil in barrels at 7.15 per pound, choice meal per cent at am, long ton price $29, choice cake 8S per cent am long ton $27.50, with ammonia pricing noted per long ton.
London prices hold steady with spot tin at 77 pounds 8s 9d and 198 pounds 16s for London tine. Futures quoted at 195 pounds English. Local sales show tin at 25 tons and London read at 18 pounds 10s. Spelter at 26 pounds 5s and iron from Cleveland warrants 57s steady.
Burial permits issued for Mrs. L. Berry 37, died July 17 on Halliday Avenue. Mrs. Rosa Feldman 57, died July 18 on Arramora Street. Yeabel Lopes 8, died July 19 on 618 South Laredo Street. Mrs. Gertrude Mizel 48, died July 11 on Brackenridge Avenue. Ramirez 40, died July 19 on Colima Street. Helen Wild 41, died July 18 on 1324 Avenue B. Ora Baird 43, died July 19, died at P. & S Hospital.
Fragmentary report lists results and figures for a leather firm in Central America with partial scores and placements. Names and details are unclear due to damaged text.
Bradstreet describes the week as favoring crops and optimistic trade outlook. Retail trade rises with wet weather and clearance sales. Iron and steel stay strong, while railways warn of a fall car shortage. Dry goods demand lags, textiles firm with scarce lines, New Bedford mill strike worries delivery of fine goods.
New York July 20 opening prices were virtually unchanged with a point rise in Erie first preferred. Readings and Steel edged up slightly while overall activity mixed and dull after yesterday’s snap. Also reported, banks hold a reserve well above legal requirements totaling about $19.17 million, up $8.46 million week over week.
Close prime mercantile paper 414. Sterling exchange firm with bankers' bills at 484.75 for 60 days and 487.55 for demand. Commercial bills 484. Bar silver 60%. Mexican dollars 48. Government and railroad bonds steady. Exchanges 275,311,032 with balances 13,591,678. For the week expenses 1,694,983,298 balances 92,707,311.
New York July 20 reports metal prices with copper at 114 85 electrolytic and 117% casting around 16 to 17. Iron holds steady with No 1 foundry at 16 to 16 50 and No 2 northern around 15 50 to 16.00. southern grades unchanged.
Money on call remains nominal in New York with time loans steady at 3 percent for 60 days and 8 percent for 90 days. The report records fractional percentages and slight variations in monthly terms.
Wool markets in St Louis on July 20 report steady prices across grades. Medium combing and clothing wool quoted at 23% to 26 cents, light fine at 19 2 cents, heavy fine at 18 to 18 1/2 cents, tub washed at 26 to 35 cents.
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