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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Mar 07, 1911
Page
13
The cotton market opened steady with a 1.8 point gain on covering and cables but soon broke under selling pressure from weak trade reports. May futures fluctuated, then rallied to near last night’s close before finishing steady with spot middling at around 14.20 cents.
Illustrated Story of Today's Weather Conditions reports fair conditions for Fort San Antonio and vicinity tonight and Wednesday. East Texas also fair and cooler in the north, with generally fair Wednesday. The map shows irregular pressure, unsettled and cloudy weather with a principal storm over north Pacific districts and a minor disturbance over Missouri. Rain is expected in valley and plateau regions and Pacific states, with freezing temps in extreme northern districts, the lake region, Canada, and eastern states.
The New Orleans cotton market opened steady with an 8 to 8 point gain but soon sold off as volume increased. Short selling intensified and prices dropped 8 to 13 points on active months, Old crop pressure tied to potential anti futures laws, while new crop gains capped closes. By noon and into the afternoon, the market steadied and finished the day with a net advance of 14 to 16 points in active months.
Closing spot cotton in Liverpool eased six points amid fair and good middling grades. American shipments total 6700 bales with 1000 for speculation and export. receipts reach 20 000 bales as futures open weaker and end steady with various forward months listed.
Cotton seed products rose in price in Tennessee with March 7 listings for meal at 23 and linters around a. U.S. markets in New York showed oil quotations with May and July futures trading near 6.90 and 6.93 ranges, reflecting ongoing volatility in processing commodities.
The week opens with slow demand for strawberries as supplies rise. Wholesale crates drop $2 from yesterday to $3.50, while retail baskets fall 10 cents to 20 cents. Though poultry remains firm, overall local produce markets show good conditions with varied regional fruit and vegetable offerings and optimism for the 1911 crop.
Quotations from Chicago show butter and cheese steady. Creameries and daisies trade around current marks, with 10 691 cases received. Poultry and veal prices hold with various weight classes listed, including turkeys and hens, dressed and live.
Opening Stock market advances underpinned by short-covering as key railroad and industrials rise. Missouri Pacific Union Pacific Canadian Pacific Lehigh Valley Norfolk and Western lift shares while Mexican Railway securities dip and American Agricultural Chemical slips.
Union Stock Yards on March 7 reports steady demand across cows calves and hogs with firm prices compared to last week. Cows range 3.25 to 4.00 with bulk at 3.50 and calves 4.00 to 5.00, hogs around 6.50 to 7.00 with most sales at 6.50, and drive in shipments include horses from San Antonio to Palestine and cattle movements to Fort Worth and San Antonio.
New York March 7. Market quotes show eggs firm with receipts of 18 584 cases. Nearby and state hennery brown eggs hold at steady levels amid steady demand and cautious traders in the early trading hours.
Market notes show wheat and corn futures and cash prices. Kansas City lists No 2 hard and red prices with fractional cents and futures for May and July. St Louis reports lower wheat quotations with No 2 track red and hard prices and futures for May and July.
Quotations today were mixed with staples like lead steady at 4.25, speller and butter firm or quiet, eggs rising 13 in Chicago and cotton prices fluctuating in New York New Orleans and Galveston with spot sales variably reported and receipts noted across markets.
Gradyville reports John Morg, a German native, celebrating his 124th year. Though frail, his health is good and memory intact of over a century. Morg fought in the War of 1812 and recalls Washington and other generals. he was once a noted boxer.
Telegraph companies announce serious delays in the northwest west and southwest today as severe rain and row storms lash El Paso and surrounding areas causing communication disruptions and adverse travel conditions.
Cotton prices stayed steady in Houston with a slight increase while Memphis reported a 4 percent decline in prices per hundredweight. Middling values hovered around 14 7 1 for the period, reflecting regional demand shifts.
For rent a large front room on Dighowity Hill with bath use, furnished or unfurnished option, one block to Nolan car line. Old phone 65.
Fort Worth Texas dispatch reports receipts of 2500 cattle and 1300 hogs with steady markets. Cattle ranged feeders 4.85 per hundredweight, cows 5.00, calves 4.75 to 5.00. hogs bulk 7.00 to 7.25 with 150 head reported sold. Market tone remains steady for both cattle and hogs.
Cattle receipts 2000 with 150 Texans. steers 5.00 to 7.00. cows 4.00 to 6.50. stockers 3.75 to 5.65. calves 5.00 to 8.00. Hogs receipts 11,500. markets steady with porkers 7.00 to 7.30. packers 6.90. heaviest 6.90. Sheep receipts 3500. market strong. wethers not listed. lambs 8.50 to 4.75 for muttons.
Receipts at Kansas City mark steady cattle demand with 9000 head including 300 southerns and mixed prices for native and southern steers and cows. Hog receipts reach 12000 with varied price filings though some figures garbled. Sheep receipts listed with lambs and ewes but several values unreadable in the fragment.
Chicago market report shows cattle receipts around 4000 with firm demand and varied values for cattle calves and stockers. Hogs trade around 15,000 with mixed to good clearance and prices from 6.70 to 7.28 in bulk. sheep receipts near 14,000 with mixed to strong demand and lamb prices from 5.00 to 6.40.
Wheat futures rose in Chicago as receipts remained light and activity in Europe and Argentina supported demand. May delivery opened around 91 1/2 cents, corn and oats rose on mixed weather, and May pork priced at 17.75 with pork, lard, and ribs near 9.25 to 9.57.
Chicago March 7 Receipts and shipments listed for flour wheat corn and oats with figures for barrels and bushels. Cash wheat prices and grade ranges given Totals include Chicago Minneapolis and Duluth with comparisons to last week and the year ago.
Prices from the City Market House include eggs at 0.60 to 0.66, butter 0.26 to 0.35, dressed poultry hens 0.60 each, fryers 0.55, turkeys 0.28, fish 0.16 to 0.35, various meats and cuts, fruits and vegetables with items such as oranges 0.26 to 0.40 per dozen, bananas 0.15 to 0.20, lemons 0.20 to 0.80, and a wide range of greens and staples priced by week or item.
Wholesale market listing details prices for berries vegetables fruits nuts and canned goods in Texas. Includes strawberries at 83.50 per 4 crate, celery per crate and dozen, onions per cwt, apples, lemons, grapes, prunes, figs and raisins with varied crate or per unit rates. Also notes poultry and meat prices, canning goods and miscellaneous farm items.
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