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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jun 20, 1912
Page
11
Weather observations recorded at 1.8 Department of Agriculture note a.m. time with air pressure at sea level. IsoTHERMS indicate temperature. symbols show clear to snow. Precipitation yesterday listed as 0.15 inch, normal 0.06 inch.
New York June 20 The stock market moved from early weakness to a strong close with gains of 1 to 3 points in the active list during the final hour. Canadian Pacific Lehigh Valley Reading Rock Island preferred Louisville and Nashville and Sugar rose 1 to 2 percent as rumors about the political situation circulated. Bond markets remained steady with government and railroad issues unchanged.
On call money steady at 2% with bids and offers at 2% per cent. Time loans show 60-day at 6 per cent and 6 months at 3% per cent. The ruling rate remains 2% and closing bids and offers stand around 2% per cent.
New York metal prices show copper and tin firm, with June and July ranges. Copper spot and futures quoted from 17.00 to 17.50 dollars, electrolytic 12.00, lake 15 to 16 percent, coasting around 11 to 17 percent. Tin strong with spot near 48.75 to 49.12, July around 45.12 to 45.50, August 43.50 to 44.00. Lead steady at 34.50 to 34.60, zinc steady at 7.06 to 7.15, antimony quiet at Cookson’s 55, iron steady No 1 northern 15.50 to 15.75 and No 2 northern 15.40 to 15.50.
The report notes fair weather inland with below normal temperatures and rainfall of 1.20 inches at Brownsville Texas. Allen Buell serves as Official in Charge of the Local Weather Bureau office.
On June 20 liberal livestock receipts reached 1262 head with 470 head offered locally. Cattle topped at 4.25 dollars and sold 3.50 to 4 dollars. calves around 4.50 to 5 dollars. best hogs 7.50 dollars. Sheep, 768 head, arrived for feed and rest en route north.
Twenty loads of J D Houston steers from Nixon via Coleman and Rogers sold on the Kansas City market at 942 pounds averaging $6.80 per cwt, the season’s high for the region. Claire and Russell from Uvalde sold on the St Louis market with one car at 960 pounds and $6.75, four cars at 880 pounds and $6.75, and two cars at 790 pounds and $6.75.
J D Eldridge of Pearsall moved two lots of steers averaging 956 pounds at 6 a hundredweight and 21 lots averaging 780 pounds at 5.75 on the St Louis market. Other shipments include 20 steers from Poofford at 1188 pounds for 7.50 and 74 steers averaging 178 pounds at 6.65. Fort Worth market notes rising prices as rains boost livestock outlook.
Zimmerman again appears as a cattle shipper selling 458 steers averaging 867 pounds at 6.25 on the St Louis market. He also runs cattle for Montana pastures from San Antonio. Russell Jennings Mitchell of Pearsall shipped 26 steers 886 pounds at 6.25, 23 steers 963 at 6.55, 173 steers 879 at 6.10. Tompson steers from Pearsall, 874 pounds average, sold at 5.75.
New York prices show raw sugar steady with Muscovado at 3.86 cents per pound and centrifugal at 3.86 cents. Molasses steady at 9 dollars per test, refined quiet. Petroleum steady, molasses firmer in New Orleans open kettle at 37.5 to 38 cents, hides and leather steady.
A strong cattle market tone prevailed in Fort Worth with 2000 head received. Beef steer trade led the day with prices up to the week’s best, calf values held, hogs sold a dime higher with top porkers at 7.80, and a small sheep run at steady, unchanged prices.
Chicago market news shows cattle receipts around 4000 with steady demand. Reeves and Texas steers priced from 6.10 to 9.50 and 6.40 to 8.00 respectively. Hogs receipts near 15000 with prices up about a dime. light hogs 7.16 to 7.55, bulk 7.45 to 7.80. Sheep receipts about 10000 with stronger trade. natives 3.50 to 5.65, yearlings 4.75 to 7.10, lambs 4.25 to 8.10, spring lambs 5.50 to 9.60.
Receipts total 3800 cattle including 1500 Texans with a steady market. Native beef steers about 6.00 to 6.25, stockers 38.75, Texas and Oklahoma steers 5.25 to 8.00, cows and heifers 3.75 to 8.00, calves 6.00 to 8.25. Hogs receipts 7500, pigs and lights 7.25 to 7.65, mixed and butchers 7.40 to 7.65, good heavy 7.55 to 7.65. Sheep receipts 6500, native muttons 4.00 to 5.25, lambs 5.50 to 9.35.
Receipts at Kansas City total 4000 cattle including 2500 southerns with a steady market. Hogs receipts 3000 with prices 5 to 10 cents higher and bulk sales around 7.40 to 7.65. Sheep receipts 3506 with a strong market. lambs near 7.00 to 9.90, range wethers 4.00 to 6.50 and ewes 3.00 to 4.35.
Quotations show butter steady with creamery and daisy products listed. Eggs steady with receipts 12 541 cases and prices for various grades noted. Cheese steady with multiple varieties priced. Potatoes steady with old and new receipts. Poultry live firm with turkeys chickens and veal prices stated.
Quotations from St Louis on June 20 show poultry prices with chickens at 12 to 20 cents, springs 23 to 28 cents, turkeys 13 to 17 cents, ducks 11 to 14 cents, geese 5 to 12 cents. Butter and creamery eggs are steady, with eggs firm at lic.
Quotations today list butter at 24c for creamery, 21c for firsts, 20c for seconds, packing stock 26% sc, extras 20c, with firm demand and seconds licensed.
Observations record at 8 am Thursday June 20 1912 includes wind direction and velocity, temperature, rainfall, and overall weather state in the first five columns.
Chicago reports bright prospects for the spring crop in the northwest with wheat trading mixed. September opened around 1.03 dollars with volatility, then closed near 1.04 percent higher after selling pressures eased. Hog prices supported provisions despite liberal unloading and corn strengthened on tight elevator stocks.
Prices listed for cash wheat corn and oats with No 2 hard and red wheat values around 1 08 to 1 12 dollars per bushel and corn and oats quotes across multiple contracts. Closing figures for July September and December futures show mixed movements in wheat corn and oats within narrow ranges.
Quotations show cash wheat at No 2 red 1.05 and No 2 hard 1.06 to 1.16 dollars, corn No 2 74 74e, oats No 2 51 5e, white 62e, with July wheat 1.04 to 1.04 percent and corn July 7 24 percent. May prices reflect 1.03 for wheat and 1% for corn, oats July 48c.
Chicago cash wheat and corn markets show varied quotes across grades. No. 2 hard wheat around 1.07 to 1.08 dollars, No. 2 northern near 1.14, spring near 1.13, and chaff and durum near 1.00. Corn No. 2 values near 72 to 78 cents, No. 2 white around 65 to 67 cents, with other grades listed in mid 50s to 60s cents.
The Newark cotton seed oil market closed steady with varying bids and asks across months. Spot bids 6.70¢, June 6.81–6.99c, July 6.81–6.83c, August 6.91–6.93c, September 7.02–7.04c, October 8.97c, and additional prices for November December January. Total sales 12,800 barrels including September 100, October 300, November 200, December 100, January 300 across multiple calls.
New Orleans on June 20 records show prime refined cotton seed oil in barrels priced per pound at 7.16e and choice meal at 8 per cent ammonia per long ton at 29 dollars. Cholice cake per long ton listed at 27.50 dollars.
Lead remains steady at 18 pounds 5 shillings per ton while spelter holds at 25 pounds 15 shillings. Copper shows firm support with spot at 79 pounds 16 shillings and futures at 80 pounds 10 shillings.
New York reports futures closing steady as gains and losses balanced. Goffee and Rio Na indices showed minor activity with July at 13.63 and September at 13.82, reflecting a cautious trading day.
New York and New Orleans indicate mixed moves as fair weather and lower cables aid sentiment. Prices initially fell four to ten points but traders reduced offerings and mid day quotes held near unchanged with light covering and steady support.
Shipments and stock data for cotton at Galveston Street port compiled for Great Britain. Figures reference foreign port trade and include Sag 105s and 4,439 units.
Cotton futures in New Orleans opened steady with a 2.5 point decline on light selling and favorable weather. Early trading showed subdued activity, with prices slipping 4 points on July and 2 points on new crop months at noon as buyers and covered shorts influenced a cautious market.
Cotton futures in New Orleans opened steady with June at 12.91, July 12.04, August 11.79, September 11.67, and other months shown. Prices closed steady with slight daily changes, reflecting a narrow range around the session.
Closing cotton at Liverpool shows prices at six points lower with American middling fair at 7.21 and ordinary 6.39. Daily sales reach 12,000 bales including 11,400 American. 1000 are for speculation. No receipts reported.
Futures opened easier and closed quiet in Liverpool. The report lists multiple futures spans with rates ranging from June to May across several month pairs, showing small fluctuations and steady levels across the curve.
Spot cotton in New Orleans steady with details for middling and lower grades. Prices shown for low ordinary to strict good middling, with on the spot sales totaling 41 bales and 106 to arrive, receipts 344 and stock 40.
Spot cotton in New York on June 20 closed steady with middling uplands at 11.60 and middling gulf at 11.85. Sales reached 2757 bales.
Spot cotton in Galveston on June 20 settled quiet with quotes across grades. Low ordinary 7.13-16, ordinary 8.13-16, good ordinary 9%, low middling 11%, middling 12%, good middling 12%, middling fair 12%. Stock 80,341. receipts 645. sales 108.
Houston market notes show steady prices with low ordinary at 7 3 16 cents and good middling near 12 7 16 cents. Sales recorded at 20 f. o. b. and shipments totaling 110 bales. total stock at 3$2, 283 bales.
Spot cotton in Memphis holds steady at middling 12 3/4 cents as market reports from New York note butter steady with creamery extras at 26 to 27 cents and eggs unchanged.
Paris reports three per cent rentes at 921 and 10 for the account. London exchange quoted at 26f 23c for checks with a private discount rate noted at percent.
June 20 London report details bullion valued at 110000 pounds stolen into the Bank of England. Elite security noted as investigators review the incident and review surveillance.
Cincinnati market bulletins show mixed poultry prices with steady demand. Hen meat quoted at 12 cents per pound and turkeys at 12 1/4 cents, while grain items like eggs and butter reflect stable firsts and slight volatility in substitutes.
In Duluth Minnesota on June 20 a grain futures notice lists linseed bids and arrivals with prices 2.27 for bed, 2.37 nominal, and 2.87 for July. September and October bids show 1.9 percent increments.
Cheese merchants push higher prices with a half cent cream cheese advance while evaporated milk climbs 15 cents per case. Nationwide demand for cheese is strong this spring, with mills struggling to keep up as rains revive seed houses and promise better corn crops in Southwest Texas.
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