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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jun 03, 1912
Page
9
Rains across San Antonio trade area spur optimism among country merchants with a surge of orders. Potatoes drop a quarter per hundredweight as supply rises. new spuds arrive in prime condition for frying at 2.45 per hundredweight. Watermelon season opener from Mexico expected tomorrow, Cant eloupes already offered. shipping costs may push prices higher.
The listing catalogs prices for country produce poultry, cheese, butter, vegetables including cabbage cucumbers potatoes kraut garlic onions and citrus fruits, canned goods meats and lard seeds and related commodities. It covers prices by item and region in extensive detail with multiple firms and weights.
The Associated Press reports New York money on call at 2 to 3 percent with rates steady. The market closed with little change from early levels, showing stagnant conditions except for slight gains in coal stocks and some uptick in certain specialties.
In St Louis on June 3 the lead firmer quoted at 4.16 with spelter at 6.75 and 86.
Unsettled conditions with showers along the coast tonight and Tuesday. Observations taken at 8 am local time note air pressure at sea level, isobars and isotherms marked, temperatures shown first, precipitation in inches second, and maximum wind speed third.
Receipts liberal but cen buyers hold firm with good volume across divisions. Cattle topped at 4.86, bulk 3.50 to 4. Calves to 6, most 4.50 to 5.25. Hogs limited, best around 7.60. No sheep or goats. Noon total 640 head: 554 cattle, 89 calves, 42 horses, five hogs. 89 cattle and 39 calves offered locally.
John Lyford of Alamo Commission bets on the heaviest Fort Worth receipts today based on twenty five years of first Monday June highs. Fort Worth reports 7100 head as San Antonio May livestock totals reach 22461 with declines from last year. P W Williams of Poteet plans shipments, optimistic San Antonio will outperform others next week.
Quotations were released today with butter steady and cheese steady. Creameries 23 25c, dairies 20 24c. Eyes firm. Receipts 26,398 cases at market. Cheese varieties including daisha, twins, young Americas and long horns quoted at 12% to 13c. Poultry live weak with turkeys 12c and chickens around 1.50 per dozen. Veal steady with prices 8.5 to 17c.
In St Louis on June 3 quotations show poultry steady with chickens and turkeys at 11% to 35 cents, springs 25 to 35 cents, ducks 11% to 23 cents, geese 5 to 6 cents. Butter remains steady with creamery at 21 to 26 cents. Eyes steady as well.
Quotations posted in Kansas City on June 3 show butter at 24 cents for creamery firsts 21 cents seconds 20 cents and packing stock 19 cents Eggs list extras 19 firsts 17 and seconds 18 cents Business notes reflect market rates for dairy and eggs.
The Iron industry reports a limited labor supply at blast furnaces coke ovens and mines. Production appears at near capacity with strong demand for finished material despite fewer new orders in May. Eastern furnaces resist high ore prices while contracts for South American ore rise. May total output exceeds April.
Prime calves from the Winfield Scott estate sold for a record $8.25, higher than any local sale. Cattle prices overall improved with steers and stockers strong, hogs up to $7.80 top, cows steady, and sheep trading dull but clearing at steady prices amid 7,100 cattle and 3, so hundreds of hogs.
In St Louis market today cattle receipts 6500 including 6500 Texans steady with native beef steers 6.00 to 9.26 cows and heifers 3.50 to 8.65 stockers and feeders 3.75 to 7.00 Texas and Oklahoma steers 5.25 to 8.00 cows and heifers 5.75 to 7.00 calves in carload lots 6.00 to 8.00. Hogs receipts 8000, market 10 cents higher. Pigs and lights 5.25 to 7.56, mixed and butcher 7.40 to 7.67, good heavy 7.66 to 7.67. Sheep receipts 3000, market steady. Native muttons 5.00 to 6.25, lambs 6.00 to 10.
On June 3 in Kansas City receipts reached 7500 cattle and 6500 hogs with steady to higher trends. Native steers ranged 6.25 to 9.25, southern steers 5.10 to 8.50, southern cows 3.60 to 6.50, heavy hogs 7.55 to 7.61, lights 7.15, and sheep 10,000 head with muttons 4.25 to 6.25 and lambs 6.50 to 10.00. Texas goats 3.00 to 3.75.
Chicago cattle receipts estimated 16 000 market steady to ten cents higher with Reeves at 6 05 to 6 40. Hogs receipts about 28 000 market firm up to 10 cents with light hogs 7 15 to 7 62. Sheep receipts around 20 000 market strong with native lambs 6 00 to 8 10 and western lambs 6 50 to 9 25.
New York traders report steady egg markets on June 3 with fresh gathered extras at 21 3/4 cents and firsts at 20 3/4 cents while storage eggs remain packed.
Raw sugar remains steady with muscovado 9 test at 3.48 cents, centrifugal 96 test at 3.98 cents, and molasses sugar 89 test at 3.23 cents. Refined sugar steady. Petroleum, molasses and hides steady. Leather firm.
Wheat prices climbed on reports of light rains in Kansas, with July futures opening up to 1.08% and settling around 1.09%. Corn got mixed with selling pressure from longs, opening near unchanged to up, then slipping before ending slightly higher. Oats tracked corn’s moves as buyers showed activity, while the fats market firmed with notable buy interest from a leading packing company. September pork and related cuts posted gains, and the overall market closed firmer by a small margin.
Grain prices from Chicago show mixed moves with wheat and corn holding firm at No 2 grades while oats edge higher. No 2 hard wheat at 1.10 to 1.19 dollars per bushel and durum around 1.00. Corn No 2 prices hover around 74 to 79 cents, oats No 2 white at 52 to 58 cents, standard 51 to 53 cents.
In St Louis on June 3 cash grain prices listed for wheat corn and oats. No. 2 red wheat 1.17 to 1.18. No. 2 hard 1.12 to 1.16. Corn No. 2 74 to 75 cents. No. 2 white 81 to 83. Oats No. 2 52 to 53 cents. No. 2 white 53 to 54. Futures show July and September points for corn and oats with noted prices.
The report lists bid quotes for cash wheat with No 2 hard at 1.08 to 1.12 and No 3 at 1.07 to 1.09. No 2 red at 1.10 to 1.11. No red at 1.07 to 1.09. Corn bids include No 2 mixed 77 to 78 cents and No 3 mixed 78 to 78 cents. No 2 white 78 cents and No 3 white 76 cents. Oats trade shows No 2 white 54 to 62 percent and No 2 mixed 54 to 62 percent. Market closes show July wheat 1.02, September 1.00, December 1.00. corn July 72 cents, Sept 68 cents, Dec 58 cents. oats July 48 cents and Sept 40 cents.
New York reports stronger retail and jobbing demand for cotton goods with seasonable weather. Primary markets stay quiet. jobbers run clearance sales and inventories. Trade groups expect consumption to exceed last year and foresee further expansion. Fine cottons and wide print cloths ease at first hands while heavy cottons hold firm.
In New York on June 3 the cotton market opened steady and advanced 6 to 8 points on covering, then eased 2 to 3 points from the late call. Trading remained quiet. prices held near last week’s closing levels with middling uplands around 11.40 cents.
Spot cotton eased two points with moderate demand in Liverpool. American middling fair quoted at 6.96, good middling 6.68, middling 6.34, low 6.04, ordinary 6.62. Sales reached 7000 bales with 6700 American. receipts 2000 bales including 600 American.
Liverpool reports futures opened quietly with June 6.13, June-July 6.12 percent, July-Aus 6.16, Aug.-Sept 6.15, and other consecutive contracts ranging from 6.09 to 6.12 percent.
Leading spot markets in New Orleans on June 3 show steady cotton, with sales on the spot and arrivals 445. Prices range from low ordinary 8.5 to 11.5 cents and middling grades up to 12.75 cents. Receipts total 404 and stock stands at 47,060 bales.
New York reports spot cotton quiet with middling uplands at 11.40 and do gulf at 11.65. Sales reach 2600 bales as market activity stays subdued.
Market report from San Antonio shows berries and vegetables cheap and plentiful as South Texas gardens mature. Quotations list eggs butter poultry fish meats fruits and vegetables with varied per unit prices including eggs 20c, butter 20-25c, hens 45c, turkeys 17c, oranges 30-40c per dozen, apples 25-40c per dozen, tomatoes 40c per dozen, Irish potatoes 60c peck, strawberries 16c, cranberries 20c straight.
Temperature and rainfall report for stations in the Houston district for the 24 hours ending 8 a.m. 75th meridian time. Weather fair overall with rain along the southern coast. temperature near normal. Rainfall over an inch recorded in Houston New Orleans Atlanta Mobile Montgomery Vicksburg and Augusta districts. Tallahassee reports hail. Allen Buell official in charge.
New York markets close with prime mercantile paper at 3 to 4 percent and sterling steady. Bankers' bills in active business show 4.84.59 for 60 days and 4.87.05 for demand, with commercial bills at 4.83 percent. Mexican dollars at .48, government liens ready, railroad bonds irregular, and silver at recording.
Memphis market report notes spot cotton holding steady on June 3 with middling prices at 12 cents per pound. Trade activity and futures were subdued as buyers waited for market cues.
Prices from Cottonseed Products in Memphis show prime basis 6.94 6.00 with meal at 28 and linters at 2 percent 4 cents. New Orleans reports cotton seed oil prime refined in barrels at 7.15 cents per pound, meal with 8 percent ammonia at 29 per long ton, and cake at 27.50 per long ton.
New York June 3 opening shows small gains in specialties like Dan Tennessee Copper and Am Toacco with some strength in Harvester Republic Steel. American feature stock up over 14 points on dividend rumors while most other issues remain obscure as bonds hold steady and late trading is light. Elgin butter price quoted firm at 25 pounds in afternoon board.
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