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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jun 19, 1911
Page
11
Market reports show California potatoes at $3.05 delivered, firm prices for eggs with fresh country stock at 10 to 15 cents per dozen and rising tomato values. Headlines note rain impacts in the Southwest, growing bean and grape forecasts for California, and ship movements affected by Havana rains.
Price to shipper tess commission. Price to retailer Butter Creamery per pound 2c country butter 12 18c Eggs Fresh country candied 18 15 Cheese Fancy cream 138430 fancy brick 20c American Swiss 24c imported Swiss 1c Limburger 20c Poultry Large choice hens per dozen 6.00 medium hens per dozen 4 4.26 large springs per dozen 3.50 medium springs per dozen 2.50 2.75 small springs per dozen 2.00 2.25 guineas per dozen 3.50 ducks per dozen 6.00 6.50 squabs 1.25 turkeys per pound lide
Quotations from Chicago report butter creameries 18 22c, dairies 16% 20c, eggs steady with receipts 17 211 cases. Cheese steady with various brands listed. Potatoes steady with old and new price ranges. Poultry steady with turkeys and fowls at 12 percent and 12% to 22 cents for different weights.
Quotations to Gay were as follows Fees steady Receipts 14 951 cases State Pennsylvania and nearby hennery white 22 25c do gathered white 8 8? a hennery brown 20 22c do gathered brown and mixed 16 19c western gathered white 17 19c.
Quotations list from Kansas City on June 19 shows dairy and egg prices with creamery at 21 cents, firsts at 18 cents, eggs extras 1 cent, firsts 14 cents, seconds 8 cents, and related pricing for ends and packing.
New Orleans spot cotton prices are reported unchanged with 50 bales traded. Grades range from low ordinary at 11 7 80 to strict good middling at 16 3 40 cents per pound, with several mid grades noted.
Tonight and Tuesday forecast for San Antonio and vicinity calls for fair skies with some cloudiness. East Texas expects generally fair conditions with possible rain in southeastern districts. Southwest Texas to see high temperatures. rainfall exceeds two inches in many south Atlantic states.
June 19 at Union Stock Yards shows a softened market across cattle hogs and sheep. Cattle tops slipped from three dollars to higher bids around 3 take lower. Calves reached about 4 dollars on best lights while hogs sold to 6 dollars and sheep remained unbought at 3 50. Receipts were about 500 head.
The Cattle Raisers Association of Texas in a quarterly session opposed direct congressional control of cold storage meats. They urged pure food inspectors from the U S Department of Agriculture to handle the issue, opposing a senate bill by Heyburn and a house bill by Littlepage restricting interstate commerce of beef and veal in cold storage and setting imitation rules. Beef and other livestock movements were reported from Van Horn Eagle Mountain Tucson and Encinal along with market prices in Fort Worth Kansas City St Louis and Chicago.
Rain falls in much of the cotton belt while cattle ranges remain dry. Analysts warn of possible cattle exodus to Oklahoma and other favored areas if rain lags elsewhere. The Interstate Commerce Commission ruled against the Cattle Raisers Association of Texas and allied western stockmen groups in their challenge to a 2 cent livestock rate hike from Kansas City to Chicago and Mississippi River crossings. The proposed rates, set to take effect last August, were suspended to June 10, 1911, then canceled without prejudice.
Trading shows middling to fair receipts with quotable levels in the 15 15-16c to 16 15-16c range. A nominal overall receipt figure of 353 is noted, alongside a stock tally of 77,0988, indicating current demand and supply conditions.
Fort Worth dispatch notes cattle receipts of 3200 with beef steers selling slowly and top at 4.50 while bulk eased to 3.65 to 4.15. Cows were strong with most between 2.65 and 3.10 and up to 3.40 for the best. Hogs topped 6.56 with bulk 6.15 to 6.42 as hog values rebound. Sheep arrivals sold around 3.50 and market held steady.
Chicago June 19 cattle receipts 25,000 market steady to 10 cents lower with beef steers 4.55 to 5.70 and calves to 8.50. Hogs receipts about 40,000 with market steady and wholesale prices from 5.85 to 6.82 for heavy. Sheep receipts about 18,000 with prices rising to 4.95 for yearlings and native lambs up to 4.50.
Kansas City market data June 19 shows cattle receipts 11 000 with southern share 6000 and prices from 2 25 to 6 35 for natives. Hogs receipts 11 000 with steady to slight gains and prices around 6 05 to 6 15. Sheep receipts 10 000 with muttons 3 25 4 00 and lambs 3 50 7 00 with fed wethers and yearlings 3 75 4 50.
Receipts total 7000 cattle including 3800 Texans with steady tone. Native beef steers 4.75 to 6.40, cows and heifers 3.33 to 3.66, stockers and feeders 3.75 to 4.75, Texas and Oklahoma steers 4.00 to 6.00, calves 5.25 to 5.50. Hogs receipts 10,000, market strong. lights 6.35 to 6.45, packers 5.75 to 6.00, butchers and best heavy 6.35. Sheep see native muttons 3.00 to 4.00, lambs 5.00 to 7.50.
Memphis June 19 spot cotton closes steady with middling grades listed at 166 to 160 points. Buyers and sellers report little change as the market absorbs recent price signals and pending demand.
New York stocks rise at the open led by U S Steel Amalgamated Copper Union Pacific Southern Railway and Atlantic Coast Line while Canadian Pacific profits and heavy industrials fall Virginia Carolina Chemical and International Harvester ease. Prices firm later as demand moderates and Panama bond issue aids sentiment. Erie stocks advance and bonds hold.
The cotton market opened easy with declines around 6 to 18 points as liquidation intensifies. Prices fell to new low grounds on old and new crops amid bear pressure from private rain rumors and bearish forecasts, with spot middling around 15.50.
New York futures report shows cotton prices opening steady with January at 13.21 22, March 13.26 27, June 14.67 bid, July 14.69 70, August 14.40 41, September 13.40 41, October 13.19 20, December 13.19 20. Futures closed steady.
Cotton futures in New Orleans opened steady to lower on heavy rain across much of the belt. Short selling kept prices under pressure with July and August futures down 15 to 20 points at times. By noon the market traded 11 to 18 points under Friday’s close and closed about 16 to 23 points net lower.
Futures for June through January show a range of bids with June at 14.65 and July at 14.71 while later months trade lower from 14.09 in August to 13.09 in October and 13.08 in December. January bids reach 138.12 with 13 in parentheses.
Liverpool demand for cotton rose with twelve points up on American middling fair at 8.71 and quotes across grades from good ordinary 7.71 to 8.71. Sales reached 6000 bales with 500 for speculation and export, 5000 of which were American. receipts totaled 5000 including 2900 American. Futures opened easy and closed steady.
Market brief notes price levels in major markets. Liverpool shows middling sales while New York remains quiet at .16.3 per unit. New Orleans and Houston quoted easy, with Galveston also easy, while in New York, 6,000 units traded quietly at fractional quotes.
Fragmentary Galveston notice shows prices and sale terms with 1 8 cent items and reads like brief advertising copy from June. No clear dates, names, or full items available.
Rain swept the middle and eastern states boosting cotton prospects after weeks of drought. Authorities noted relief in New Orleans and south Louisiana with showers expected in Louisiana and eastern Arkansas, while drought had damaged corn. Reported 24 hour rainfall: Birmingham 1.78 inches, Augusta 2.92, Savannah 2.64, Tampa 1.64.
Weather and crop notes sweep through the cotton market. Reports from Texas Oklahoma and Louisiana describe widespread showers hail and heat with forecasts of unsettled weather. Prices weaken further as traders fret about rainfall harming yields and delaying futures gains.
Fragment lists cities Houston Memphis St Louis and Little Rock with unclear context likely travel or telegraph routing notes from an old newspaper page.
New York market roundup notes close of prime mercantile paper at 4 1 2 cents. Sterling exchange ease with bankers bills at 48 44 for sixty day bills and at 48 5 0 for demand. Commercial bills 48 9 1 2. Bar silver 3 cents. Early railroad bonds firm. May a Shee vernumen 3 appears as garbled OCR.
Chicago traders saw a quick rally as signs of a tighter U S supply emerged and favorable Russian crop reports spurred buying. July opened at 86% to 87% cents, September rose from 65% to 66% cents, oats and pork packers moved modestly with light offerings and steady prosect prices for pork, lard, and ribs.
Chicago June 19. Receipts and shipments today were as follows.
Receipts in Chicago today show 25 cars of wheat including 9 contract grade, 528 cars of corn with 227 contract grade, and 184 cars of oats. Total wheat receipts at Chicago Minneapolis and Duluth matched 355 cars last week and 390 cars on the same day a year ago.
Chicago grain prices quoted for cash wheat and corn with several grades in the 80s cents. No. 2 red wheat ranges 87 to 89 cents and No. 2 hard 87 to 90 1/2 cents. Corn No. 2 at 54 1/2 to 55 1/2 cents. Oats No. 2 at 37 cents and No. 2 white 39 1/2 cents.
Cash wheat held steady with No 2 hard at 85 9 16 to 85c and No 2 red at 84 85c. Corn ranged up to one half cent higher with No 3 mixed at 55 5 8c and No 2 white at 56 1 2c. Oats rose a fraction with No 2 white at 41 42c and No 2 mixed at 37 38c. Wheat futures closed July at 84 1 2c bid and September at 84 1 2 to 84 6 8c bid. Corn July 55c. September 56 3 4c.
St Louis grain prices edged higher with wheat and oats advancing on June 19. No 2 track red wheat moves to 85 3/4 cents, corn No 2 track 54 1/2 cents, oats No 2 track 38 1/2 cents, and white varieties showing strength. July and September contracts reflect higher quotes across wheat, corn, and oats with slight monthly variations.
Spot cotton in New York ends the day quiet with a 20 point decline. Middling uplands quoted at 15.30 cents and middling gulf at 15.55 cents with no sales reported.
Cotton oil quotations issued today show June to July and August futures with values around 6.50 to 6.38 across different grades and delivery months. The report lists basic terms and various linters and soy derivatives with fluctuating prices in New York and Memphis datelines.
New York June 19 money on call remained steady with ruling rate at 2 3-¢. Incoming bids at 2 1-4c and offered 2 3-8c. Time loans steady with sixty days at 2 3-4c and six months at 3 1-4 2c.
Wanted good proposition for lady solicitors apply W. C. Barnes drug store Navarro and Houston streets. Lost new auto tire between Sousy Alamo and Austin streets reward paid Austin street.
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