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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jul 26, 1911
Page
11
At Union Stock Yards on July 26 cattle receipts reached over 500 head with butcher grades dominant. Cows sold best at 3.50, calves opened at 4.25 to 4.65, hogs brisk with top porkers 6.25 and bulk around 6, after a noon shower the yards closed with a profitable day and official report noting steady to active cow and calf markets and steady to higher hogs.
Southwest Texas stockmen plan limited shipments as cattle prices rise. Nat Parks of the Southern Pacific notes good range conditions after rain and expects a gradual market. In Muskogee Oklahoma, Clay McGonagill of Pearl New Mexico won a $1000 roping prize by roping eleven steers in 451.8 seconds, beating Oklahoma champion R L Gentry who roped ten steers in seconds.
The Associated Press reports New Orleans rice trading with strong local demand for rough Honduras but overall light offerings. Receipts include 5367 rough sacks and 5363 clean sacks, with sales of 1235 rough sacks at 2.25 to 3.15 and 1030 clean sacks at 2.16 to 4 percent. Prices cited show rough Honduras at 1.50 to 2.25, clean Honduras around 1.50 to 3.25, and Japan roughs at 2.00 to 2.35.
Cash and futures mixed as grains held steady or higher. Wheat firm with July prices around 84 85 cents and September near 85 3/8. corn steady to higher with September 63 5/8 cents. oats softening for September at 39 7/8 cents and December 42 5/8. Silver and copper not listed. market notes show light movement across track prices.
The forecast for San Antonio and vicinity calls for fair tonight and Thursday. East Texas should see generally fair skies with warmer conditions in the northwest. A storm area lies over the extreme northwest with some rain reported in south Texas, but overall weather remains normal.
European war talk sparks a lively session in the Chicago wheat pit with prices rising and investors watching the Russian crop and monsoon conditions in India. Corn and oats follow with ups and downs as hedgers push back, while hogs influence pork, lard, and ribs futures for January delivery.
Chicago reports for July 26 show daily receipts and shipments across commodities with totals for distribution and stock levels. Figures highlight trade activity in wholesale markets and transport movements within the city.
Receipts today total 1183 cars across Chicago Minneapolis and Duluth with 857 wheat cars including 689 contract grade, 107 corn cars with 30 contract grade, and 322 oats. Compared with 1004 cars last week and 837 cars on the same day last year.
The Associated Press reports Chicago cash grain trading with No. 2 red wheat at 85 86 1 4 cents and No. 1 hard near 87 88 1 2 cents. Corn prices show No. 2 at 62 1 4 62 1 2 cents and No. 2 white at 65 cents. Oats list No. 2 new around 86 1 2 cents with various white and standard grades priced in the upper 30s to high 30s cents.
Hides steady at Bogota 21 422 percent. Leather steady. Wool quiet. Market tone from New York July 26 notes price stability across key commodities including hides and leather with wool remaining quiet.
Fort Worth Texas July 26 receipts show 2300 cattle 2200 hogs 180 sheep. Heavyweight killers at 5.25 for two carloads. medium weight steers 4.25 4.50. lightweights 3.50 3.90. Calf market tops at 5.65. hogs tops 7.00. mixed sheep and yearlings 4.25. Prices broadly firm with weekly gains.
Receipts at 20 000 cattle and 28 000 sheep, market steady to mixed. cattle values ranged from 2 10 to 8 00, hogs from 6 25 to 7 00, with bulk sales near 6 65 to 6 90, native and western sheep prices from 2 50 to 7 45.
Quotations from Kansas City show cattle receipts around 9000 with steady to strong tone. Native steers fetch 4.75 to 7.25, southern steers 4.00 to 5.85, cows and heifers 2.50 to 4.75, stockers 3.00 to 5.25, bulls 3.00 to 5.25, calves 4.00 to 7.00, and feeder bids 4.60 to 6.15. Hog receipts near 15000 with mixed ranges, lights 6.45 to 6.70, packers around 6.75, and common lot prices near 6.80. Sheep receipts 5000 with strong demand. muttons 3.50 to 4.30, lambs 5.50 to 7.20, fed wethers and yearlings about scoop, western ewes 2.50 to 4.10.
New Orleans market reports show spot cotton steady with 3 to 4 cent losses across grades. Totals: sales on the spot 251 bales, arrivals none, receipts 696, stock 30,592. Prices range from low ordinary to strict good middling with various fractions noted.
New York trading opened with small variations from the prior session. Reading United States Steel and several leaders rose fractionally while Canadian reciprocity delays weighed on others. coal names like Pittsburgh Coal moved higher, and the market closed firm after a morning selloff with bonds steady and Lehigh Valley leading gains.
Prime mercantile paper is quoted at 4 4 1-2c. Sterling exchange remains firm with bankers' bills at 484.25 for sixty day bills and 486.15 for demand. Commercial bills 483.75. Bar silver at 52 1-8c. Mexican dollars 45c. Government and railroad bonds steady.
New York money markets show call money at 2 million with a ruling rate of 25 and closing bids at 2 percent. Time loans remain dull and steady with 2 percent on mae days, 2 percent for 3 months and 3 months.
The New York cotton market opened down about 27 points with months quoted 6 to 9 points higher later. Buying by trade interests and active covering drove a volatile session as old crop fell to near yesterday's lows while new crop margins recovered into midday. Spot remained nominal amid fluctuating quotes and mixed regional activity.
New Orleans July cotton futures opened steady with small gains in new crop months despite a sharp Liverpool decline. Heavy buying by large traders led to initial strength, then selling pressured prices before a late morning rally and afternoon decline, leaving old crop down and new crop up.
In New Orleans on July 26 cotton futures opened steady with August at 12.28 30, September 11.49 61, October 11.40 asked, December 11.39 40, January 11.39 40 and March 11.48 50.
Close: cotton spot irregular with losses up to 27 points. American middling fair at 7.45d and good middling 17.114d. Sales day 5000 bales, 800 for speculation and export, including 4400 American. Receipts 7000 bales, 38600 American. Futures opened weak and closed irregular across months from July to May-June.
Improvised note lists spot market conditions with cities such as Liverpool New York New Orleans Houston and Galveston showing mixed levels from middling unsettled quiet and steady. Figures like 65 000 151 2184 25% appear as fragmented data points.
Boston wool merchants report a dragged market with little sales and buyers refusing to bid at current prices. Western dealers have dropped out, eastern buyers gain ground, and activity is expected to remain weak until political matters at the capital and lightweight openings alter the outlook.
Cotton figures show Galveston and New Orleans figures with totals for interior receipts at Houston Memphis and Augusta. The data lists yearly comparisons with values in hundreds or thousands and notes interior receipt totals across several states.
The report lists yesterday stock at 167,436, compared with 169,211 a week prior and 270,093 a year ago. The season deficit stands at 107,657 units, indicating a downward trend in inventory levels.
Memphis report notes slight price changes in prime beans with 4.66 and 4.67c bids, meal at 26 dollars, and linters at 3 percent plus 1 percent.
Wool markets in St Louis were quiet with prices around 14 to 15 cents for certain wools and tub washings reported at 26 to 30 cents. The brief note indicates subdued activity and mixed price indications.
AP reports liquidation in cotton markets slows trade as buyers and sellers assess values. Men's wear lines for spring open daily and large orders for staple serges confirmed. Silk trade remains generally quiet amid market uncertainty.
New York markets show raw sugar firm with 4% Muscovado at 3.83 to 3.90 cents per pound and 96 test at 4.46 to 4.48. Refined sugar steady. Molasses steady with 89 test at 3.61 to 3.78 cents per pound.
Memphis cotton market reports spot cotton steady with no change. Middling price listed as 14 cents per pound, reflecting a stable trading session in the local trade.
The New York coffee market closed steady with a small decline of two points on July 26. Trading showed 33,750 bags sold amid generally modest shifts of four to fourteen points. Spot activity was quiet with Rio No 7 at 135 16 13c per bag and Santos No 4 at 14 1/5c. Cordova traded nominally.
The New York cotton market closed quiet on July 26 with a staple spot at 1.60 cents for middling inland and 18.85 cents for middling gulf. Volume reported at 161 bales.
California brokers report Valencia oranges exhausted on the coast. Local jobbers raise prices to 4.25 per box as supplies dwindle. Fancy San Gabriel expected next week at 4.75. dried fruit and sugar markets firm with scarce stocks. Evaporated peaches move up a half cent to a penny per pound at California points.
The report notes a firm coffee market with expected advances and differing U S stocks versus a year ago. Canned milk and cheese rise due to dairy shortages while canned vegetables face a poor outlook and scarce spots. Lemon prices soften due to California shipments and Sicily quarantine, and potato prices rise with California as the main U S supplier.
The Gugenheim-Goldsmith company received today a carload of apples, expanding its fruit inventory and signaling strong fresh stock availability for local markets.
Price to shipper Tess commission and price to retailer listed for butter eggs cheese and poultry. Butter per pound 165c for 250 country. eggs country candled 14 1bq. cheese varieties from 184c to 31c. poultry prices per dozen for hens and springs, guineas, ducks, turkeys per pound.
Quotations show butter firm with new prices. Eggs firm with 7 324 cases received. cheese mixed with several brands declined. Potatoes firm at 1.50 to 1.55. Poultry steady with turkeys 12c and fowls 12 ½c. Veal steady across weight classes with 50 to 110 pound ranges. Associated Press report compiled for market observers.
ST. LOUIS Mo July 26 Chickens 10c springs 13c turkeys 16c ducks 10 1-2c geese 5c Butter firm creamery 21 251-36 Eggs steady lic
In Kansas City Missouri on July 36 butter steady at 24c for creamery firsts and seconds 20c packing stock 17 to 18 ½ cents. Eggs extras 19c first 15c.
Market report from New York on July 2 notes firm receipts totaling 19 180 with fresh produce prices for various grades. Extras and firsts show 20 to 25 cents, gathered dirties No 1 at 13 cents, and good to prime checks around 10 cents, reflecting the day’s pricing.
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