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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jun 14, 1911
Page
11
Brightening weather fails to lift egg markets in Texas and Oklahoma as prices fall and quality drops. Dealers report widespread losses and shipments requiring subsidies to hold business, with fresh reconciled eggs at 13 cents per dozen and a 15 cent per dozen increase on California canned goods.
Weather forecast notes increasing cloudiness and unsettled conditions in East Texas tonight and Thursday. Highs trend southwest, with rainfall of an inch or more expected at Boston and Eastport.
The Kansas City Produce Co is the current headquarters for cold storage eggs with the largest storage supply in the city and favorable prices.
The cabbage market shows firming prices and likely gains in days ahead. Few cabbages were offered this morning and the current quotation stands at 3 dollars per hundred pounds.
California evaporated apple prices remain uncertain as packers wait on evaporated peach prices to set figures. Last year apples opened 2.5 cents above peaches, with apples at 31.5 cents f o b California, though this year’s peach crop is down after a bumper season.
Advices from ackers nationwide report the berry crop cut short by breuth leading to price increases of 10 to 20 cents per dozen for both spot and future stock.
Hay traders report a tightening Texas hay market with scarce offerings. New Texas hay typically arrives around June 1, but this year supply remains light and heavy rains may delay production. A firm market is expected despite possible weather impacts.
A fragmented price list shows rates from Chipperess Commission and local retailers for dairy and poultry. Items include RUBTEN-Creamery per pound at 20c, S Country butter at 12 180, various cheeses, and poultry pricing with hens, springs, guineas, books, squabs, and turkeys per pound or dozen.
AP dispatch from Chicago notes quotations for dairy items with milk, creamery, and daisy products, alongside potato and poultry figures. Receipts total 19 364 cases with a range of prices for firsts prime and other grades, plus live poultry prices for turkeys chickens and veal across weight classes.
Quotations from the Associated Press report today in Kansas City list prices for butter and creamery items and eggs. Putter creamery at 2 cents, firsts 18 cents, seconds 16 2/3 cents. Eggs show extras 16 1/2 cents, firsts 12 2/3 cents, seconds 10 1/2 cents.
Fragmentary OCR note describes a terse legal scene with a short, restrained line about orders or status and a calm, quiet environment. No clear names, places, or dates are readable.
In Tenn June 14 prime basis of 5.73 to 5.74 for cotton seed, meal priced at 24.25, linters at 3 percent technical content.
Fragmentary data shows daily price notations for wheat and related commodities with figures for July through October. The text is incomplete and reads like a pricing column with mixed digits and symbols, lacking full context or units.
June 14 Union Stock Yards reports a slow start with 120 head in today’s receipts including 63 cows 29 calves 4 horses and 24 goats. Cows steady from 2.75 to 3.95 with top 3.50. calves to 4.75. hogs largely quoted with bulk 5.95 to 6.10. slaughter figures show 21 000 hog receipts and steady pressure across sections. sheep receipts 7 000 with lambs and ewes range notes.
Fort Worth stockyards report heavy cattle and hog receipts with slow trading. Steers sold 10 to 14 cents lower with tops at 5.50 and most at 3.90 to 4.25. Cows brought about 3.25 for best grade while canners ranged 1.80 to 2.25. Hog receipts set a three week record with tops 6.45 from Marlow Oklahoma and most hogs steady to slightly lower. Lambs sold around 5.50.
Receipts and quotations today show cattle at 18,000 with a steady to strong tone. Beeves range 5.15 to 6.50, Texas steers 4.50 to 5.75, westerns 4.76 to 5.70, stockers 3.80 to 6.65, cows and heifers 2.40 to 5.85. Receipts for hogs 30,000 with steady to mid ranges. lights 5.90 to 6.25, mixed 5.95 to 6.27, heavies 6.25 to 6.25, pigs 5.60 to 6.15. Sheep receipts 20,000 with steady to ten cents down. natives 2.50 to 4.10, westerns 2.75 to 4.15, yearlings 4.00 to 4.90, native lambs 4 to 6.40, western lambs 4.25 to 6.60, spring lambs 4.50 to 7.00.
Cattle receipts total 8060 with 3000 southern cattle. Market steady to strong. Native steers 5.00 to 6.35, southern steers 4.00 to 5.60, southern cows and heifers 2.75 to 4.50, native cows and heifers 2.50 to 6.10, stockers and feeders 3.76 to 6.25.
Receipts total 6000 cattle including 1600 Texans with market steady. Native beef steers 5.00 to 6.40, cows and heifers 5.00 to 6.25, stockers and feeders 3.00 to 5.25, Texas and Oklahoma steers 4.00 to 5.00, cows and heifers 3.00 to 5.00, calves 4.50 to 5.75. Hogs receipts 15,500 market steady with pigs and lights 6.20 to 6.30, packers 5.60 to 6.30, butchers and best heavy 6.20 to 6.30. Sheep receipts 4000 market steady.
George Gerdes, here for a live stock commission business, reports on Medina dam construction with about a thousand workers and strong activity. He notes the dry spell and says cattle look good despite the conditions.
Harry Karger signed two carloads of beef cattle for market today. He says cattle conditions are fair with abundant grazing but cites dwindling water supplies as a key bottleneck. He notes the market is weak and would not have marketed if water were not at risk.
Louis Ruerell, a well known Castroville stock man, toured the city with a fine string of steers. The cattle sold early and brought near top prices as he criticized the current drought and lack of rain affecting cattlemen in the region.
F L Turley veteran cattle salesman with Saunders Commission Company is recovering from injuries from a mad cow incident in the local pens and is expected to resume duties by the latter part of next week.
A veteran cattleman at the local stock yards warns that San Antonio and other markets are at a trading low as water shortages force ranchers to reduce shipments. He notes grass is fair but dwindling water, artesian wells running low, and three years of drought draining supplies. He predicts Texas could suffer more if rain remains scarce this year.
The report notes Packers paying high prices for hogs to secure supply as hogs flood domestic markets. Retailers charge 15 cents for lard but trade it by the ton. Exports from New York to over fifty foreign ports signal wide demand for American product and strong summer distribution prospects.
F P Rhea stock agent for the Katy reports Kingsville and nearby country in flourishing condition after a recent survey. Cattle look fine and forage remains green though not evergreen, with limited sunburn observed.
The June 14 New York market opened with bear selling pushing many issues down while a few gains appeared among Delaware, Lackawanna and Western and Interborough Metropolitan. After fluctuating widely the market surged with Reading and U S Steel leading gains, though overall sentiment remained uncertain as bonds eased and Texas Company fell late.
The New York cotton market opened steady with a 1.5 point advance but quickly fell as bulls reduced positions. Prices dropped 4 to 11 points, with July at 13.40 and new crop 11 to 13 points lower amid nervous sentiment and profit taking. Spot middling at 15.90 nominal.
New York markets report cotton futures opening steady with January at 13.68 69, March 13.72 78, May 13.78 bid, July 15.65 69, August 16.11 12, October 13.71 72, November 18.70 72, and December 13.71 72. Futures closed barely steady.
Cotton futures opened steady with a 1.6 point gain on old months and flat on new, aided by better cables and dry weather. ATexas rain forecast and Dallas showers sent selling heavy. by noon old crop futures fell 10 to 15 points, new crop 13 to 14 points. Afternoon trade remained quiet and easy, ending barely steadier with a net decline of 12 to 19 points.
The Associated Press reports New Orleans on June 14 that cotton futures opened steady with bids and asks for several months. June 15 saw bids around 15.40 for June and 15.60 for July while other contracts listed asks such as 14.76 for August 18.88 for September and 13.58 59 for October with December near 13.57 68 and March 13.73 75.
Close cotton spot in increased demand with steady to easy futures. American middling fair 8.91, good middling 8.59, middling 8.37, sales 6000 bales including 5000 American for speculation and export. Receipts 4000 bales, futures open dull and close easy with months quoted from June to March.
Memphis price report for June 14 shows spot cotton unchanged at middling 15.56 cents per pound with overall steady tone in the local market.
Spot cotton in Houston on June 14 remained steady with middling grade at 15 3/4 cents per pound, unchanged from the previous session.
New York June 14 spot cotton ended quiet with middling uplands at 15.80 and gulf at 16.05. Sales noted but not detailed.
The forecast hints at some cloudiness and scarce rain in Texas while early cottons mature fast and may yield a smaller crop. Brokers warn the market could surge if rain does not come, with bulls targeting high prices and October futures around 14 cents. Weather reports show no rain across the Texas-Oklahoma belt and scattered bear pressure on prospects.
New York reports a steady Molasses market with raw Muscovado 89 test at 3.36 cents, centrifugal 96 test at 3.86 cents, and 89-test molasses sugar at 3.31 cents. Refined sugar remains quiet.
Leather holds steady in New York trading on June 14 as wool remains quiet and rice shows steady demand. Market notes emphasize stable prices across the three commodities with subdued activity.
The New York market opened steady for coffee futures with prices largely unchanged and a net decline of 1 to 4 points. Sales reached 7260 bags and spot coffee held steady. Rio No. 7 offered 12 1 2 cents, Santos No. 4 13 4 cents, and Cordova 13 15 cents while mild coffee remained quiet.
New York reports 4000 bales of American cloths in China the smallest in years. Bleached cottons rose a yard in some houses while demand stays steady for small lots. Bread silks and dress goods remain generally quiet.
The New Orleans rice market was quiet with receipts of 1200 sacks rough Honduras and 1890 clean by millers. Sales included 547 rough Honduras at 2.30 to 2.35, 859 clean Honduras at 1.30, and 165 clean at 26 16c. Quotations show rough Honduras 1.60 to 1.70, clean Honduras 3 4 percent, clean Japan 2 3 percent.
New Orleans spot cotton markets show quiet activity with unchanged prices. Spot to arrive values range from 103 to 145 with varying grades including low ordinary to good middling and receipts totaling 2118 while stock stands at 77 311.
In New York on June 14 money on call held at 2 percent with bids around 2% and offers at 2 percent. Time loans showed ease with sixty days at 2 1 4 percent, ninety days at 2 percent and six months at 3 4 percent.
Wheat prices fell as active selling pushed values lower on expectations of a weaker import basis. Rainy conditions in Russia and cheaper offers weighed on bulls while a flour price drop added pressure. Corn and oats followed the downtrend with July futures slipping and livestock futures mixed amid broad market selling.
Receipts and shipments today show Wheat 81 cars with 7 contract grade. Corn 614 cars with 244 contract grade. Oats 301 cars. Total wheat receipts at Chicago, Minneapolis and Duluth 273 cars versus 241 last week and 103 a year ago.
Chicago raise day quotations list cash wheat and corn with various grades and percentages. No. 2 red 84 to 89 cents, No. 2 hard 88 to 90 cents, No. 1 northern 94 to 88 cents, No. 2 northern 93.5 to 97.5 cents. Corn around 54 cents. white and other grades shown. Oats No. 2 32.5 to 33.5 cents. No. 3 white 38 to 39 cents.
Cash wheat firm with No 2 track red at 86 to 88 cents and No 2 hard at 88 to 95 cents. Corn lower with No 2 track 54 to 55 cents and No 2 white at 55 to 56 cents. Oats lower with No 2 track 89 cents and No white at 40 to 41 cents. Nearby closes show Wheat July at 84 to 85 cents and September 85 cents, Corn July 54 cents and September 56 cents, Oats July 38 to 39 cents and September 39 cents.
Kansas City grain prices show wheat uncharged at No 2 red 84 85 cents with July and September futures around 83 84 cents. Corn slips slightly with No 2 mixed 64 65 cents and No 2 white 56 58 cents. oats hold at No 2 white 40 41 cents and No 2 mixed 36 38 cents.
New York reports spot copper at 12.00 with June 12.15 and July to September at 12.05 12.25. London steadies spot 56 pounds 2s 6d, futures 56 pounds 15s. Arrivals at Newark reach 625 tons, customs show 12,156 tons so far this month. Tin weak, spot 45.7 46.25, June 46.25 47.00, London firm on spot 230 pounds. lead steady around 4.45 4.50 with New York 4.27 4.25. Spelter steady near 5.35 5.45. Local tron quiet. foundry mixes with No 1 fog and No 1 foundry southern era rates listed.
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