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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jul 28, 1911
Page
17
The July 28 cattle sale at Union Stock Yards was quiet with buyers taking a light show of less than 50 head. Desirable cows topped at 3.50 per unit and calves at 4.50, while hogs were not listed.
The forecast for San Antonio and vicinity calls for unsettled weather tonight and Saturday with showers in the north portion. East Texas shows similar unsettled conditions with chances of showers. A slight disturbance east of Virginia affects the Atlantic coast, and the weather pattern remains irregular west of the Mississippi with moderate temperatures and below normal readings in mountain districts and northern states.
N B Creighton of the United States customs service says heavy cattle shipments from Sonora to Arizona are likely this fall. Recent months saw strong Sonora cattle sales as agriculture and mining slowed. ranchers expect high prices to continue though no firm fall contracts have been made. In Eldorado area, Honig leased land to Speck and sold about 600 head of cattle. prices ranged from 5 to 20 dollars depending on age. Dr B Cusenbary predicts fat cattle from Devil's River region will reach San Antonio Fort Worth and Kansas City markets this fall.
The Associated Press reports New York July 28 that coffee futures closed steady yesterday with small changes. Spot prices for No 7 and Santos Mild coffee remained near quoted ranges, Cordova nominal at 14 16 cents.
Sugar prices show raw Muscovado at 4.11 cents per pound, centrifugal at 4.51, and molasses sugar at 4.36. Refined sugar holds firm, molasses steady.
Associated Press reports cash wheat rises 1 2 cent to 86 1 2 to 91 1 2 cents for No 2 hard and 83 1 2 to 84 cents for No 2. Corn gains 1 2 to 1 cent with No 2 mixed at 62 1 2 to 63 cents and No 2 white at 63 cents. Oats advance 1 2 to 38 39 1 2 cents for No 2 white and 38 to 39 cents for No 2 mixed. Futures close September wheat 84 to 84 1 2 cents, December 90 to 90 1 2, corn September 63 to 63 1 2, December 60 1 2, May 68 1 2 cents.
Cash wheat gains lift No 2 track red to 88 1-2 cents and No 2 hard to 88 9 14 cents. Corn climbs with No 2 track at 65 cents and No white around 67 1-2 to 68. Oats advance with No 2 track at 38 38 1-2 cents and No 2 white near 49 41 1-2. Close shows wheat Sept at 86 4 cents, Dec 91 1-2, corn Sept 63 7-8, Dec 61 3-4, oats Sept 41 1-8 to 41 1-4, Dec 43 7-8.
Chicago notes the Moroc can affair reappears with rain scarcity in India lifting wheat demand. Traders watch weaker British controls and lighter world shipments as exports and black rust fears support prices. September wheat opens near 88 to 89 cents, corn climbs on rain relief and Liverpool and Argentine cues, oats steady, pork futures rise to around 16.00.
A partial table of commodity prices and bid quotes shows values for Short Ribs and various cash or futures figures with multiple percentage figures and dates, but many entries are incomplete.
Chicago report shows daily receipts and shipments for the period ending today. Details list quantities by product type and destination, indicating traders and carriers handling the flow of goods through the city markets.
Receipts today show 382 wheat cars with 293 contract grade, 7 dollar cars of corn with 19 contract grade, and 290 oats cars. Total wheat receipts at Chicago Minneapolis and Duluth reach 507 cars, down from 764 last week and 691 a year ago.
Chicago cash grain prices show bids for wheat corn and oats with varied grades and new crop figures. No. 2 red wheat ranges from 85 to 87 5 cents, No. 2 corn around 68 3 4 to 68 1 2 cents, oats about 39 1 2 to 40 1 2 cents, with multiple grades and new crop differentials noted.
Hides steady with other fats firm and oils quiet while rice holds firm in early New York trading. Associated Press reports on mixed moves across commodities.
Fort Worth market reports a quiet session with cattle receipts around 2600 and a 10 cent decline in trading. Prices move between 2.75 and 6.85 for various classes including heavy calves, steer, heifer, and butcher cows, while sheep trade remains weak and lambs fetch about 5.60 per head.
Receipts total 1600 cattle including 900 Texans with strength in cattle markets. Hogs count 6500 with steady tone and range from 6.00 to 7.20 for various cuts. Sheep receipts 3500 with steady markets. calves, muttons and lambs cited with price ranges.
Kansas City market quotes show cattle receipts 3000 with Texas cattle among 1500, prices for native steers 4.75 to 7.20 and western steers 4.60 to 6.30. Hogs receipts 4000 with bulk sales 6.85 to 7.00. sheep receipts 1500 with muttons 3.60 to 4.30 and lambs 5.75 to 5.50.
Chicago live stock figures show cattle receipts around 1500 with strong demand and varied prices for beeves, steers, and cows. hogs run about 12,000 with prices from 6.70 to 7.26 for different weights, pigs 6.80 to 6.90, and sheep about 12,000 with native and western lambs ranging 2.50 to 7.10 and 3.75 to 7.16, market slow for native sheep and yearlings.
Financial news notes New York close with prime mercantile paper at 4 1/2, sterling steady at 484.25 for 60 days and 486.15 on demand, commercial bills 483.56, bar silver 62 cents. Government bonds and road bonds show activity. money rates two and a quarter to two and a half percent, loans stronger with two and a quarter to three quarters.
Wool markets in Saint Louis show no change with medium combing and clothing grades at 18 20 46 cents, light fine at 7 19 cents, heavy fine 14 15 cents, and tub-washed 25 30 cents.
New York market shows firm start with Canadian Pacific leading a broad advance. American Tobacco preferred up two points. Union Pacific and Lehigh Valley slip later as selling pressure increases but the session ends steadier with several issues holding gains and coal stocks in demand.
In St Louis on July 28, a strong tone ruled the metal market with lead advancing to $4.50 per unit, up a nickel from yesterday, and spelter remaining firm and very strong at $5.65 to $5.70.
New York led by 17 before slipping to a 16 point deficit as late trade showed New Orleans climbing from 5 to 90 points while Liverpool and Houston moved in mixed directions. Galveston and Ned Orleans also shifted, with Liverpool dropping 12 points and Houston 3 to 8 down.
New York reports a barely steady cotton start with prices slipping across months as southern selling and liquidation press on. Near months rally on covering, but bears dominate with new crop under 11 cents and October December around 11.08 to 11.03 as midday activity wanes. Spot market remains nominal.
The Associated Press reports cotton futures opened with mixed quotes for January through December. Prices ranged from about 11.19 to 13.10, with several months showing slight gains or declines and the market ending near steady levels.
New Orleans July cotton futures opened steady but declined 1 to 3 points as shorts bought heavily guiding a late morning drop. By noon values stood 7 to 15 points above or below prior close depending on month with August weakest, market finishing steady for July up 10 points and down 6 for others.
New Orleans markets show cotton futures opening steady with August at 12.05, September 11.82 34, October 11.16 17, December 11.16 17, January 11.17 18, and March 11.28.
Reports from Liverpool on July 28 show a quiet close for cotton with prices down 12 points. American middling fair 7.50, good middling 7.16, middling 6.90, low middling 6.70, good ordinary 6.44, ordinary 6.19. Sales day total 6990 bales, including 5500 American. futures listed for multiple nearby contracts with varied quotes. No receipts reported.
Memphis Tennessee July 28 prime basis oil quoted at 4.66 to 4.67 cents per pound meal at 26.40 dollars linters at 3 and 4 percent.
July 28 report shows open near 5.54 for nearby month with bids around 5.57 to 5.65. September to December contracts trade between 5.46 and 5.51 with scattered slight losses and gains. Other months display varied quotes around mid 5.3s to mid 5.6s as markets reflect supply and demand shifts.
Liverpool July statistics show imports of all kinds at 26,000 bales with American imports at 10,000 bales. Total stock stands at 652,000 bales, with American stock at 99,000 bales. American forwarded 41,009 bales, and total exports reach 6,900 bales.
Cotton selling stayed active with New York and New Orleans exchanges busy at noon. December fell below 11 cents as Houston and Galveston received large new bales, while forecasts and private crop reports keep sentiment bearish despite some observers predicting modest recovery.
Data from Houston to Memphis and Augusta tracks stock, exports, and deficits. Exports to Great Britain and France declined while continental shipments fell 10 641. stock levels at 188 724 yesterday, 173 741 last week, and 275 864 last year.
Fragmentary report shows mixed sales activity across cities including New York New Orleans and Houston with quiet terms and scattered figures. No clear events or outcomes are specified due to the damaged OCR text.
The Memphis cotton market opened steady with spot cotton down 4 cents. middling cotton priced at 134 cents per pound.
Spot cotton closed quiet in New York on July 28 with middling uplands at 13.59 and Gulf at 13.75 cents a pound. Sales totaled 1900 bales.
In Galveston Texas on July 28 spot cotton moved slightly lower by 1 to 4 cents with middling at 12 2 9. Sales reached 24 dollars to arrive for 50 bales.
New Orleans reports a quiet steady day with unchanged spot prices. Sales on the spot were minimal with receipts totaling 402 dollars and stock at 26 872 bales.
In Houston on July 28 Spot cotton held steady with prices unchanged across middling and inferior grades as traders awaited further supply data and export demand cues.
The New York refined sugar market jumped ten cents per hundred pounds, with New York prices reaching 6.30 per hundred as activity rises. San Antonio sugar costs gained 30 cents per hundred in three days, signaling further increases ahead. Imported tea prices followed, rising ten cents per pound due to crop failures in Japan and China and U.S. import bans on colored teas. California canned fruit and milk prices also climbed, while dairy markets firmed on reduced milk production. Armours announced meat price gains, and fruit crops suffered from heat and drought, pushing canning prices higher. Lima bean orders may halt August 1 with higher later prices. Lima bean shipments for early July exceed 21,000 bags, amid hot weather and broom corn shortages driving up costs.
A local price sheet lists butter per pound from a Butter-Creamery at 25 cents. Eggs are priced 14 to 15 cents per dozen for fresh country candled. Various cheeses from Chinese Fancy to import Swiss range from 20 to 31 cents per unit. Poultry rates show hens from 5.00 per dozen to 6.00 for Ps dozen, and springs, ducks, squabs, and turkeys priced per dozen or per pound with several cents variations.
Quotations from Chicago market show butter and eggs steady with creamery prices at 20 25 cents, daisies 18 22 cents, cheese steady with daisies 12 4 percent, youngAmericas 13 14 cents, long horns 13 44 cents, butter and cheese values noted. Potatoes steady at 1.50 1.55 per bushel with 20 car receipts. Poultry live steady turkeys 12 ½ cents, fowls 12 ½ cents, springs 15 cents. Veal steady with weights 50 to 69 pounds at 6 cents and 60 to 85 pounds at 9 to 10 cents.
In New York on July 28 quotations show eggs steady with no change and receipts of 9982 cases recorded.
From St. Louis July 28 Associated Press reports price quotes for poultry firms show eggs weak at 13 to 14 cents a dozen while butter remains steady. Coreg ee turkeys and ducks also noted in the market round-up.
The fragment lists product items with vague names and prices including firsts at 230, second at 20c, packing stock at 18c, no eggs extras 19 percent, firsts 1340 pecs onds 8 49c. The OCR is damaged and unclear on full items.
New Orleans July 28 the local rice market was unchanged with most activity in Honduras grades. Receipts totaled 1219 rough sacks 4078 clean sacks and 2219 millers sacks. Prices showed Rough Honduras at 2.50 to 3.00, Clean Honduras about 2.80 to 3.00, Clean Japan at 8.25, and Rough Japan Honduras around 3 4 1/2 cents.
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