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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jun 14, 1912
Page
11
Dairy farmers report enough milk to boost output yet cheese makers face a short supply pushing wholesale prices higher. Northwest fruit growers promise the largest crop in history with apples pears peaches and other fruits expected to ship in large car lots.
Butter and cheese prices steady with creamery butter at 23 to 24 cents. Eggs steady with strong receipts. turkey and chicken prices firm. potatoes ease with old stocks at 1.15 to 1.25 and new at 1.40 to 1.55. Veal steady at 8 to 12 cents.
Kansas City prices list creamery extras 24c firsts 20c, eggs extras 19c firsts 17c seconds 13c. St Louis quotes show poultry steady with chickens 22 30c, ducks 11 14% lbc, geese 14c, butter 22 26c, eyes 16c.
June 14 The bulletin notes unsettled weather with rain in the eastern belt. Temperatures run above normal, especially in the west. Rainfall exceeds an inch in most districts east of the Mississippi as Allen Buell of the U S Weather Bureau reports.
Forecast till 7 pm Saturday. San Antonio and vicinity unsettled with cooler conditions overnight and Saturday. East Texas unsettled with cooler night in the northwest. Precipitation yesterday none, normal .09 inch. total since Jan 1 11.81 inches, deficiency 1.41 inches.
Chicago June 14 Acute weakness in the wheat market due to widespread rainfall across major producing states. September wheat opened lower, fluctuated, and closed with a small net decline as corn and oats followed. Provisions remained easy on slack demand with pork, lard, and rib futures also easing.
Quotations listed for cash wheat with several grades and prices from No 2 red to durum, including No 2 northern and spring grades. Corn prices shown for No 2, No 2 white and No 2 yellow, plus oats prices for No 2 white and standard grades.
Cash wheat prices for No. red and No. 2 ard range from 1.05 to 1.12 dollars. Corn No. 2 at 75 to 76 cents, No. 2 white at 82 cents. Oats No. 2 at 54 to 55 cents, No. 2 white at 55 to 56 cents. Futures show July wheat around 1.04 dollars and September near 1.03, oats July about 49 cents and September around 40 cents.
Cash wheat and corn futures quotes from Kansas City report prices for No 2 hard red No 2 red No 2 white No 3 mixed and No 2 white oats. Closes show July September and December contracts for wheat corn and oats with fractions and percentages.
Flatonia creamery produced 28,000 pounds of butter in May, a record for the facility and making it the largest creamery in the state. Much of the cream is shipped to San Antonio.
On June 14 in New York eggs were steady with fresh gathered and poorer quality birds and 16s loose, fancy large and new laid at 2ic.
The report records muscovado and refined sugar prices around 89 test and 3.42 to 3.92 cents, plus a 96 test at 3.92. Petroleum and molasses show steady movement while hides remain easy and leather holds firm in current market conditions.
Lead holds at 17 pounds 1s 6d per ton, spelter at 25 pounds 15s, tin steady with spot 206 pounds 10s and futures 196 pounds 1s per ton. Market notes unchanged levels in London trading as buyers and sellers keep caution.
In Fort Worth on Friday beef cattle prices advanced with a moderate, mixed supply. Bulls and calves sold steady, hog market stayed near normal with top car at 7.65 dollars. Sheep showed a strong market with wether prices at 4.15 and culls at 2.75 amid 4600 cattle, 300 hogs, and 275 sheep receipts.
Receipts and quotations for cattle hogs and sheep today show 600 cattle including 400 Texas steady prices 46.00 to 46.25 for native beef calves 6.00 to 8.50 for carloads. Hog receipts 10 000 with prices 5.25 to 7.65 for various grades. Sheep receipts 700 with native muttons 3.25 to 5.00 and lambs 5.00 to 8.90.
Receipts total 600 cattle including 200 southern cattle with strong tone. Hogs volume 7090 with steady to strong demand. prices range from 6.75 to 7.65 for main grades, heavy hogs at 7.50 to 7.57, pigs at 6.75. Sheep receipts 2000 with market up ten cents. muttons 3.75 to 6.00, lambs 6.00 to 8.85, range sheep and yearlings 4.00 to 7.00, Texas goats 2.75 to 3.26.
LD M May of the Porto Rico agricultural station in San Antonio says Porto Rico will soon be a major cattle supplier. He notes ticks affect island herds and Texas cattle at risk while quarantine ends. Fort Worth shippers Albert Evans and John Dyer discuss strong market receipts and good range. W T Way returns from Indio ranch with 15 carloads of steers. Christine Texas six carloads of South Texas steers sell well at St Louis. J F Atkins reports rains and contented cattle and sheepmen in Hebbronville.
J. B. Murrah of San Angelo registered at the Gunter hotel reports markets for sheep rising with Kansas City at 15 cents higher. Cattleman J Nip Blewett returns from Fort Worth where a Kincaid string of 93 head averaging 1039 pounds sold at 5.86 per hundredweight amid strong demand.
New York June 14 The market opened dull with a two point rise for Guggenheim Exportation and a 3 percent gain for Liggett Meyers. Most issues barely changed with Lehigh Valley up a point and Atlantic Coast Line Sears Roebuck and General Electric up one to two points while Virginia Carolina Chemical fell and Ontario & Western and Air Brake weakened. Market closed weak after an irregular opening and short covering briefly lifted some stocks in the final hour.
Close mercantile paper steady 3 and 4 percent. Sterling exchange firm with actual business in bankers bills at 4.84 3/4 for 60 day and 4.87 1/2 for demand. Commercial bills 4.84. Mexican dollars 45 cents. Government bonds steady, railroad bonds heavy.
New York reports copper firm with spot to June at 16.75 17.25 for July 16.87 17.25 and August 16.87 17.37 percent. Electrolytic 17 percent. Tin quiet with spot 48.25 and June 47.80 48.72. Lead firm around 4.45 4.55. Antimony quiet at Cookson's 8.00. Bar silver 61 percent. Iron steady, market unchanged.
Money on call remains steady at 2 percent as ruling rate and close offers 3 percent. Time loans are easy with 60 and 90 day terms at 3 percent and six months at 3 1/2 percent.
Chicago market reports show cattle receipts about 1500 with steady tone. Prices include Reeves 6.20 to 9.40, Texas steers 6.60 to 8.25, western steers 6.80 to 8.30, stockers 4.30 to 6.80, cows 2.90 to 8.30, calves 5.50 to 8.50. Hog receipts about 18,000 with strong market. light 7.06 to 7.45, mixed 7.15 to 7.56, heavy 7.10 to 7.57, bulk 7.40 to 7.50. Sheep receipts about 11,000 with steady market. native 3.25 to 5.05, western 3.50 to 5.15, yearlings 4.75 to 7.00, native lambs 4.50 to 8.00, western 4.75 to 8.16, spring lambs 5.50 to 9.10.
New York opened firm gaining 6 to 11 points on higher cables and rains in the eastern belt. Trading stayed active as buyers cover shorts and outside demand supports prices. Official forecasts of unsettled weather kept nerves about the new crop outlook, with spot quiet and middling uplands at 11.80.
New Orleans June 14 Cotton futures opened steady with gains of 7 to 10 points on strong cables and rains in the eastern belt. Private reports said Liverpool rose on hot winds, which local brokers doubted. Western showers balanced some conditions. By noon prices were 14 to 15 points higher, and by 2 pm the market stood 17 to 20 points up on the day with July leading the strength.
Cotton futures opened steady with June at 12.17, July 12.20 23, August 11.97 99, September 11.84 86, October 11.76 77, December 11.51 82, January 11.86 87, March 11.94. Close showed a small net advance of 13 to 18 points.
Liverpool June 14 closing market shows three point gain with American middling fair at 7.26 and middling at 6.63. Sales 14,000 bales including 1,000 for speculation and export, 13,300 American. Receipts 106,000 bales, no American.
Futures opened quiet and steady and closed firm with listed forward contract levels across several monthly spreads from June to May. Notable quotes include June 6.47 and March-April 6.32 with a range of 6.32 to 6.46 for other maturities.
Leading spot markets report firm activity in New Orleans on June 14 with prices for low ordinary through middling grades largely unchanged. Spot sales totaled 161 with arrivals 40 while receipts reached 761 and stocks stood at 42,662.
Galveston Texas June 14 spot cotton closes firm with price ranges from low ordinary 7 18 16 to middling 12 1 16. Sales 1 bale f o b none. Receipts 450, stock 79 209.
New York June 14 Cotton market reports a quiet spot session with gains of 10 points. Middling uplands quoted at 11.90 cents, middling gulf at 12.15 cents.
MEMPHIS TEN JUNE 14 Spot cotton remains steady with a 4 cent advance, middling gauged at 12 and a half cents.
Lead markets report firm prices with lead at 4.42 percent for the day and spelter rising to around 6.85 to 6.90, as spinners' takings and port receipts are noted from St. Louis and other ports.
June 14 at Union Stock Yards the cattle intake remained under 100 head with about 35 calves offered. Cows topped at 4.25 dollars, bulk 3.50 to 4 dollars, calves around 5.50 dollars. Hog arrivals around 130 head but sales scarce by noon.
Cotton seed oil prime refined in barrels priced at 7.15 cents per pound. Choice meal at 8&8 per cent ammonia, 44 long ton at 29 dollars. Choice cake price set at 27.50 dollars per ton. Market brief from New Orleans dated June 1.
Cotton seed quotes listed for June to January with dull and easy tone. Trade shows total sales of 2400 barrels with futures: July 6.91, August 7.01, September 7.12, December 6.61 and 6.60 cents per pound.
New Orleans reported strong demand for clean rice on June 14 with clean Honduras 105 and 4% 5%c quotes for rough grades. Clean Honduras and Japan values appeared, reflecting stable commodity activity in the wholesale market.
In St Louis on June 14 wool markets remained steady with medium combing and clothing grades at 20 44 to 21, light fine 15 to 19, heavy fine 12 to 15, and tub washed 27 to 350 per unit.
In New York on June 14 the cotton goods markets show firmer prices amid broader demand. Print cloths rise while retail trade stays steady and jobbers report fair house trade.
Futures in Rio No. 7 coffee closed in New York on June 14 with July at 13.66 cents per pound and March at lic. values.
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