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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jun 20, 1911
Page
11
A weekly weather report notes general rains across the cotton belt with exceptions in West Texas. It also details a strained tomato crop outlook on the peninsula and Delmarva, with packers shipping plant stock, scarce green vegetables, rising canned goods demand, and higher coffee prices on the local market.
Price to shipperless commission. Price to retailer. Butter per pound 20c, country butter 12 18c. Eggs fresh country candled 18 16. Cheese fancy cream 1%%2c, fancy brick 20c, American Swiss 240, Limburger 20c. Poultry large choice hens per dozen 6.00, medium hens 4.25, large springs 3.50, medium springs 2.50, small springs 2.00, guineas 3.25, ducks per dozen 6.00, squabs 1.25, turkeys per pound 14c.
Quotations today show butter steady with creamery ranges 19 to 28 cents and Daisies 17 to 21 cents. Eggs steady with reels of 11 to 14 cents for various grades and cheese lists mixed across Daisy Twins and Young Americas. Potatoes steady with old prices at 1.00 to 1.10 and new at 2.15 to 2.25 per cent. Poultry live weak with turkeys 12 cents fowls 11 to 12 cents and springs 18 to 20 cents. Veal steady across weight classes with 50 to 60 pound at 6 to 7 cents and up to 110 pounds at 10 to 9 cents.
The Associated Press reports New York on June 20 with receipts totaling 24 088 cases and fresh gathered extra firsts at 16q 174c.
On June 20 in Kansas City quotations showed butter at 22 cents for creamery firsts 19 for tops and 17 for seconds, packing stock 16 with extras 17 and 1 4 for firsts and 8 for seconds per pound.
The Associated Press reports on June 20 that New York cotton goods markets stay steady with firm fine combed yarns and plain fabrics. Dress goods trade is dull and yarns are quiet.
Rain fell generally over the iron region with gaps in Texas and parts of the Deep South. Totals exceeded one inch in several states, with over two inches in Alabama Georgia South Carolina and Oklahoma. Weekly mean temperatures mostly 68 to 88 degrees, with highs reaching 100 or more in many localities.
The Associated Press reports Memphis market prices with prime basis oil at 5.60, meal at 24.75, and linters at 1.56.
Associated Press reports cotton seed oil futures with opening prices listed for June through October. Key quotes include June at 6.20, July 6.35, Aug 6.27, Sept 6.28, Oct 6.34 to 6.40 with minor variations and spreads.
Memphis notes on June 20 report spot cotton steady with an advance of 3 16 for middling at 15 percent.
The illustrated story reports fair conditions tonight and Wednesday for San Antonio and vicinity with generally fair weather elsewhere. Some cloudiness noted in the east gulf and South Atlantic states but overall fair. high temperatures expected in the southwest.
At Union Stock Yards the cattle market moved slowly with buyers absent. Two carloads of common mixed cattle remained, with commissions at 3 and 2 1 2 for mediums. Calves to 4 and a few at 4 4 5. Hogs held at 6, goats offered at a quarter below yesterday.
Nat Parks travels with his wife toward north Texas while Mrs Parks plans a New Orleans visit until fall. Long of Pearsall shops in town amid light cattle drought worries. Woodward of Frietown buys ranch supplies. Schwarz of Schulenburg buys mules and horses. Tom of Floresville scouts stock offerings. Hancock of Yoakum notes mixed conditions. rain hoped soon. Dunn shows Norway oats with large stalks. Sitter reports heavy rains near Valentine with lightning damage. Corpus Christi area to host farm product exhibition. date undecided.
Kansas City livestock receipts and quotes show cattle at 10 000 head with mixed classes. native steers 5.00 to 6.40, southern steers 4.00 to 5.00, native cows and heifers 2.25 to 4.30, stockers 5.30 to 5.15, bulls 3.00 to 4.75, calves 4.00 to 7.50. hogs 22 000 head with prices 6.10 to 6.25. sheep 13 000 head with muttons 3.25 to 4.00 and lambs 4.60 to 7.00.
Beasts at Fort Worth sale show steady cattle trading and active good grade sales. Beef steers hold firm with prices around 4 to 5.30 while cows move 2.75 to 3.25 and calves 4 to 6.25. Hogs reflect outside demand with top outside bids 6.50, local packers paying 6 to 6.30. Sheep rise on a stronger market with Gatesville lambs at 5.85 and 473 wethers at 3.40.
Receipts and prices for cattle, hogs, and sheep outlined with steady markets. Beeves and Texas steers trade between 4.65 and 6.50, hogs 6.00 to 6.25 per cwt, native and western lambs and sheep quoted across multiple grades as supplies reach roughly 15,000 cattle and sheep and 2.5 thousand cattle, 1. pgs.
St Louis live stock reports for June 20 show total receipts of 9 800 cattle including 400 Texans with a steady market. Native steers bring 4 75 to 6 40, cows and heifers 3 to 6 25, stockers 3 75 to 4 75, Texas steers 4 to 6, calves 5 25 to 7 50. hog receipts 15 500 with steady market and prices 6 30 to 6 45 for lights and 6 to 6 40 for best heavy. sheep receipts 12 500 with steady market and muttons 3 to 4, lambs 5 to 5 50.
New York June 20. Opening trades show a steady tone with small fractions of change. Canadian Pacific led losses while most issues posted minor gains or declines. Panama bonds traded actively near 102 to 108, and Virginia Caro Chemical rebounded while International Harvester slipped.
A terse market note shows Liverpool steady at 8.165 million pounds and New Orleans at 15,001,420 dollars with Houston quiet at 1545 acres and Galveston steady near 15s. The report lists New York and other hubs with subdued activity and mixed prices.
New York June 20 spot cotton market ends quiet with prices up 10 points. Middling fair quality from telephone markets listed at 15.40 cents per pound and middling gulf at 15.65 cents. No sales reported.
New York led gains with 9 to 23 point climbs while New Orleans and Liverpool posted smaller advances. Trading opened steady on near months and later positions amid favorable cables, weather hints, and reports of demand. 2700 bales moved to Bremen as old crop covering increased. Spot was quiet at 15.38 middling. Weather bureau notes drought remains unresolved. market steadied and about 14 to 24 points higher by afternoon.
New York futures opened steady on June 20 with January at 27 2002, March 13.256 26, July 14.73 74, August 14.62 63, September 13.55 offered, October 13.23 24, December 13.23 24. Futures closed steady with similar levels.
Cotton futures opened with a small advance on stronger cables and mixed weather signals. Traders waited, with profit taking by shorts supporting prices though news from fields remained neutral and weather forecasts showed rain in parts of the belt.
The report lists futures with June and July bids around 14.70 and 14.81, August and September seeks near 14.12 and 18.33, October and December bids at 13.10 and 13.08, and January and March around 13.12 and 13.26.
Close cotton spot quiet with prices 1 point lower. American middling fair 8.70 and good middling 8.38. Sales 5000 bales of which 4600 American. receipts 25000 bales including 20700 American. Futures opened barely steady and closed very steady with several forward-month pairs quoted.
Spot cotton prices in New Orleans on June 20 show steady values with 5 to 16 cents off. Sales on the spot totaled 920 bales with no arrivals for delivery. Quotations list mid range grades from low to strict good and strict middling at 14 1/2 to 15 7/8 cents, receipts 457, stock 76,876.
Census bulletin on 1910 cotton production and cottonseed products reports a total crop value of 963.18 million dollars, the highest in U.S. history, with 11.97 million running bales and 12.01 million total bales including linters and half round bales. East and west of the Mississippi share production with notable price trends and seed value increases.
The national comptroller's abstract reports strong banking conditions in San Antonio. Reserves rose to 38.73 percent from 30.70 percent since March 7, loans and discounts grew to 8.327 million, gold coin rose to 475 thousand, lawful money reserves fell to 1.649 million, and individual deposits climbed to 9.046 million.
Last week and year figures show exports to Great Britain 718 and 22 960 bales. Exports to continent 3 844 and 5 996 bales. Exports to Mexico and Japan 109 bales. Stock yesterday escuesé. stock same day last week 275 916 and last year 323 789. Deficit this season 62 812.
Liverpool reports weekly imports across all kinds at 82 000 bales with American imports totaling 25 000 bales. Total stocks stand at 748 000 bales including 610 000 bales of American stock. American forwardings reach 27 000 bales while total exports are 38 900 bales.
Chicago June 20. Wheat rose over two cents a bushel as crop damage reports from South Dakota appeared confirmed and possibly understated. Traders rushed to scarce offerings with trades at the same moment across the pit. July grain rose to 89-90 cents, while September gained similarly, with initial sales near 89-90.
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