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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jun 23, 1911
Page
13
Market notes show demand for grain hay and feedstuffs remains strong with rising prices. Rice bran scarcity limits supplies as rice bran orders pile up. Peaches see light local supplies with northern buyers paying higher prices. Juneteenth watermelon festivities reduce garden stocks, signaling shrinking cantaloupe and melon supply and higher prices ahead.
Local housewives wake to daily talks from a peddler warning that all green vegetables are scarce. His wagon, once stacked with seasonal varieties, now sits nearly empty with new crops not ready to fill demand. Prices will rise several cents next week, and a steady market seems unlikely.
The refined sugar market edges toward a sharp rise similar to recent commodity ascents. Demand for iced tea and lemonade strains spot supplies nationwide while jobbers refuse large orders beyond July 1 at current quotes.
Price lists show per pound butter rates from 12 to 18 cents for country butter, eggs at 13 46 cents per dozen, and assorted cheeses ranging from 20 to 24 cents. Poultry rates include large hens at 6.00 per dozen, medium hens 4.25, springs and other fowl priced per dozen, with pigeons at 3.50 and turkeys by the pound.
Chicago dairy quotes steady with 19 28c for creamery, 17 21c for standard daisies, eggs steady with 12 306 cases receipts, cheese steady with daisies and twins listed. Potatoes weak with old stock 90c to 1 and new at 2.15 2.25, live poultry firm with turkeys 12o and fowls 11 to 18 cents.
Kansas City report lists dairy prices with quotable ranges. Eggs and creamery items show standard levels for firsts seconds and extras, reflecting market activity and packing stock at 16 to 17 cents for eggs and 14 to 16 cents for other dairy products.
Quotations to day were as follows chickens 10c, springs 15 to 16c, turkeys 15 to 15 1 2c, ducks 9c, geese 8c. Penins firm, creamery 18 to 23 1 2c.
New York on June 23 reports quotations to the egg firm with receipts totaling 14 492 cases. Fresh gathered eggs range from good to prime at 8 10 cents per dozen while fair to poor cases bring 1.50 to 2.25 per dozen.
The New York coffee futures market closed steady with moves of 3 to 4 points. Sales reached 61 000 bags while local deliveries in New York totaled 15 060 bags, up from 9 143 last year. A leading distributor reportedly called for all low grade offerings amid a quiet market for mild coffee and Cordova at 18 l1 2c.
Molasses steady and refined sugar steady with raw and Muscovado firm. Centrifugal sugar at 96 test and Sage 89 test quoted. price 3.98 cents and molasses sugar at 3.23 cents. Market notes June 238.
At Union Stock Yards June 23 there was no market session. Offerings were cut to narrow figures for weeks with receipts under fifty head. Local cattlemen were conservative. cows at $3 calves $4.50 and hogs in demand at $6.
The Texas hog industry thrived when hogs sold near 9 dollars, creating wealth for owners of large lots. A market downturn followed, with prices hovering around 6 to 7 dollars as hog supply and demand slowly rebounded, while government push and railroad demonstrations have little effect without profitable prices.
Analysts note a shift toward intensified farming in Texas as cattle markets face a record shortfall. Fort Worth reports a 42500 cattle shortage at market centers last week. The rise in farmed acreage, estimated up 10 percent, is blamed for fewer cattle shipments from the Panhandle region, historically Texas’s cattle range.
Dr. H. H. Harrington, director of the Texas agricultural experiment stations, reports the Fort Worth station has successfully fed hogs cotton seed meal for two seasons. The feed showed no adverse effects and proved the most economical among tested feeds, challenging prior southern and national results.
Fort Worth Texas June 23 cattle and hog receipts listed 1750 cattle 1600 hogs 266 sheep and 1000 calves. Grown cattle held steady to higher with steers up on average while calves declined. Medium weight steers sold 3.85 to 4.26 and local packers paid 3.75 to 4.75. Hogs topped at 6.55 with most sales 3.56 to 6.75 and sheep remained slow with ewes at 3.40.
Chicago livestock receipts and prices show cattle 2500 head steady to lower with beeves 4.85 to 6.70, hogs 14000 up five cents, light to heavy ranges 6.20 to 6.62, and sheep 12000 with a weak tone. Native cattle 2.75 to 4.15, western sheep 2.50 to 4.15, lambs 3.76 to 6.20, western lambs 4.00 to 6.20.
June 23 Kansas City livestock market shows cattle receipts 2600 with steady tone across native and southern categories. Hog receipts 10000 with prices up to five cents higher. bulk sales around 6.35 to 6.45, lights to 6.50. Sheep receipts 2000 with steady market. muttons 3.26 to 4.00, lambs 5.50 to 6.75, fed wethers 3.60 to 4.60, fed western ewes 2.50 to 6.50.
Receipts total 2000 cattle including 900 Texans and 13,000 hogs and 6,500 sheep. Beef steers fetch 5.00 to 6.40, cows and heifers 3.00 to 5.00, hogs 6.50 to 6.60, muttons 3.00 to 3.25, lambs 5.0 to 7.5 with markets generally steady.
Worth station revisits past conclusions at College Station but confirms many Texas farmers who fed cotton seed meal for years still claim the meal is a safe feed despite earlier station doubts.
New York June 23 trading on the stock exchange shows little variation from the prior close. Many active issues firmed while a few gains. notable movers include Canadian Pacific up 2, American Telephone up 1, and Underwood Typewriter up 2. Strong finishes emerged as the day progressed with Erie Canadian Pacific and Minneapolis Southern at top strength.
The metal market in St. Louis steadies with a robust tone on June 23. Lead advances to 4.50 per unit while spelter remains strong and active at 5.6, signaling improved demand compared with earlier in the month.
The cotton market opened steady with early advances and losses of two points, turning into a rally as weather forecasts for Texas and Oklahoma sparked covering. Prices for old crop rose about 7 to 8 points, new crop 1 to 4, with spot middling at 15.20. By afternoon, selling and covering cooled activity as buyers pulled back and weather reports softened gains.
The report shows futures opening steady with January at 13.01 02, March 13.08 09, May 18.14 15, July 14.69 14.70, August 14.56 57, September 13.86 36, October 12.99 138.00, and December 13.01 02. Futures closed steady.
Cotton futures in New Orleans opened steady to 1 point up as wet weather maps suggested rains in Texas and Oklahoma. Short covering limited selling power, holidays in Liverpool restricted activity, and by midmorning July futures stood 5 points higher than yesterday with new crops 1 point over prior close.
In New Orleans on June 23 cotton futures opened steady with bids and asks for several front dates. June 14.90 bid, July 14.98, August 14.05 06, September 18.14 bid, October 12.91 92, December 12.90 or January 12.98 asked, March 13.10 ask.
The market report shows New York sales quiet at .16.10, New Orleans steady at .15.00, Houston quiet at .15.00, and Galveston steady at .15% with mixed regional activity and slight price variations.
New Orleans on June 23 reports spot cotton trading around 960 bales arrive at 75. Market offers low ordinary 11 9-16 nominal, ordinary 12 1/2 nominal, good ordinary 13 13-16, strict low middling 14 3/16, middling 15 1/2 to 15 3/4, good middling 15 1/2 to 16. Receipts 53, stock 69,065 bales.
Spot cotton in Memphis on June 23 held steady at middling level around 15 1/2 cents per pound with no change noted. Local dealers reported quiet trading and steady demand for middling.
Houston spot cotton results from June 28 show a steady market with middling cotton at 15 cents per pound. Market activity remains quiet as traders await further shipments and weather cues influencing the next cycle.
Spot cotton closed steady to slightly weaker in New York on June 28 with middling uplands at 16.10 and middling gulf at 15.85. Sales reported at 124 bales as traders awaited further cues from the market.
Galveston Texas reports spot cotton as quiet with middling grade at 16 percent on June 23.
Money on call steady at 24 percent with ruling rate 2 percent and closing bid offerings at 2 percent. Time loans ease with sixty days at 2 percent, 90 days at 2 percent, six months at 3 4 percent. Prime mercantile paper at 4 1/2 percent. Sterling steady with bankers bills at 4.84 for sixty day bills and around 4.85 to 4.86 for demand. Commercial bills 4.83 1/2 percent. Bar silver 52 3/4 cents. Mexican dollars 46 cents. Government and railroad bonds steady.
Rainy belt lifts spirits on the floor as hopes rise for a crop near 90 percent. Forecasts call for unsettled weather in Louisiana and Texas with showers in eastern regions, while Arkansas Oklahoma and Texas may see clearing skies later. Market opened steady. growers expect more rain from the lingering storm system.
A New Orleans broker relays a telegram noting heavy rain across Texas despite Weather Bureau claims. He cites Texas newspapers with widespread rainfall reports from correspondents, arguing the bureau undercounts and questioning the meteorological portrayal.
Cordill, a top crop expert on the local exchange, reports from Atlantics that recent rains have benefited the crop. He says conditions are nearly normal and the crop is clean and well worked across the region.
A wire to the exchange reports talk of short time in Manchester. Cables Wednesday said a proposition would be put before the master spinners to close Saturdays during twelve weeks beginning July 15.
Local cotton interests express skepticism about rumors of a downturn. An exporter wired New Orleans reports from Houston and Texas showing strong crop conditions and active South and Southwest markets.
New York wires report that Scales and his friends have bought 150 bales of new crop cotton in this market trade.
Hayward and Clark report firm trading in New Orleans as rains affect Texas markets. Wires say strength remains strong with speculation largely short and big buyers Mitchell and Hubbard active on New York wires.
Exports to Great Britain last week 1,145 and year 28,827. Exports to continent 16,959 this week and 25,931 this year. Exports to Mex and Jap 283 last week and 1,134 this year. Bales stock yesterday 253,892. stock same day last week 268,278. stock same day last year 302,313. Deficit this season 48,421.
Memphis notes dated June 23 report prime re oil at 5.47 and meal at 24.75 with linters up 3 percent.
The Associated Press reports cottonseed oil middling sales in New York on June 23 with bid and ask prices ranging around 6.20 to 6.80 per hundredweight. Multiple entries show slight variations across sellers.
Wool active in St Louis on June 23 with medium grades combing and cloth 18 20 and a half cents, light fine 17 18 cents, heavy fine 14 to 15 cents, tub washed 25 to 30 cents.
Markets held steady with activity limited to small lots. Men’s wear lines for spring opened at concession prices near last year. Yarn trading remained quiet and cautious as trade stayed hand to mouth.
Chicago June 28 cooler weather and scattered showers in the northwest weighed on wheat as bulls tried to lift prices. September opened at 90 3/4 to 91 1/4 cents, touched 91 1/4, then eased to 90 3/4. Corn showed profit taking while hot dry conditions fueled oats gains. September oats rose then slipped with values near 43 to 44 cents. Provisions fluctuated with the market with first sales showing slight declines for beef and pork products.
Shipments today show the daily movement of grain at Chicago with figures detailing quantities dispatched and destinations. The report notes trading activity and loading status across major freight yards and inbound sources, reflecting quiet market conditions overall.
Receipts in Chicago for today show Wheat totaling 10 cars with 5 contract grade, Corn 364 cars with 129 contract grade, and Oats 163 cars. Total wheat receipts across Chicago Minneapolis and Duluth reach 177 cars, versus 137 last week and 186 on the same day last year.
Cash grain prices reported by the Associated Press show No 2 red wheat at 89 91 2 cents, No 8 red at 88 90 cents, No 2 hard at 89 93 1 2 cents, No 1 northern 97 4 1 2 cents to 1 01, No 2 northern 96 1 01, No 2 spring 90 96 1 2 cents. Corn prices list No 2 at 56 57 cents, No 2 white 56 57 cents, No 2 yellow 56 57 cents, No 2 dates 40 41 4 cents to standard 42 cents.
Cash wheat weak with No 2 track red at 86 440, No 2 hard 89c. Corn lower with No 2 track 57%c, No 2 white 58 1 2c. Oats lower No 2 track 42%c, No 3 white 44 4c. Wheat closes lower with July 86 1 2, Sept 87c. Corn July 56c, Sept 58c. Oats July 42c, Sept 48c.
Cash wheat and corn prices slipped with No 2 hard red at 84% 85c and No 2 mixed at 58% 59c. Oats held steady around 40 to 43 cents. Futures closed with July wheat near 85 and July corn at 56 cents, with sellers and bids indicating cautious activity.
New Orleans June 23 trading in the rice market was confined to clearances with no activity in rough rice. Receipts rough 1201 bags and 790 millers 901. Sales clean 87 bags Honduras at 1 4 3 4 cents and Japan at 2 5 3 4 cents. Quotations: Rough Honduras 1.50 8 Japan nominal. clean Honduras 3 4 1 4 cents. Japan 2 3 4 cents.
By the Associated Press in New York on June 23 prices for hides wool and rice remained steady amid trading activity with leather and other commodities holding firm in a quiet market session.
A notice highlights a domestic worker described as strong and competent with comfortable room and bath. An old phone number 1841 appears in the fragment, indicating contact details for employment.
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