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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Mar 12, 1912
Page
11
Market data indicate elevated prices for starch and bean products in California with wider gains in corn byproducts. Rice and sugar futures edge up as supply concerns mount, while eggs and butter hold steady amid improving demand and liberal receipts.
Quotations were as reported today with dairy and produce prices mixed. Butter, creameries, cheese shown steady to easy. eggs at varied quotes. potatoes weaker. poultry prices mostly steady with slight gains for some weights and sorts.
Fragmentary notes show commodity quotes including butter prices and stock extras with percentages and cents, but many words are garbled. The readable items indicate a March 12 listing from a Kansas City market desk with dairy and stock figures.
By the Associated Press in Louis. Poultry steady across categories including hens and springs. Licenses and selling terms noted with small price variations for turkeys geese and other birds.
Market report notes futures for No. 7 grade coffee closing steady. May contract finished at 13.47 cents per pound with prices unchanged from prior session.
A fragment from a March report notes bleached fabrics like Lonsdale and Wamsutta being added during deliveries. Dress markets are active while raw silk and burlaps appear scarce and robbers had a good day in the broader market scene.
In New Orleans on March 12 rough 8s of rice were firm with light light margins, while clean grades were fair and advancing. Quoted prices include rough Hon 2.50 to 3.35, Japan 2.50 to 4.10, clean b% to Japan 3 to 4. Receipts stood at rough millers 430 and clean 3864. Sales, clean at 246.5 and Japan 931 at 2.3 to 3.
A steer weighing over 2500 pounds was shipped from Slings Mont to Chicago where it brought 200 dollars, touted as a record price for a steer. The animal was fattened on alfalfa beet pulp and syrup.
Chicago reports large Liverpool arrivals weighed on wheat yet short covering limited the decline. May wheat opened near steady to down slightly and closed firmer at 71 3/4 cents. Corn slipped then rebounded while oats gained on light offers as pork products rose at the yards.
March 12 receipts totaled 300 head including 246 cattle 15 calves 15 hogs and 13 horses. Cows opened at 4.25 calves 4.60 hogs 6 with hogs strongest today as supplies eased cattle. Sheep remained in strong demand and market activity was brisk though weather could affect northern centers this week.
Secretary JA Spofford says the Ft Worth fat stock show will highlight high bred cattle during the cattlemen's convention next week. Notables include H M Johnson of Chickasha and Lee brothers of San Angelo. Kansas City feeder Nat W McCormick reports unsettled Mexico livestock conditions and potential market shifts. Fort Worth boosters and rail lines plan to handle a busy spring movement with more stock cars arranged ahead of the rush.
Chicago reports cash wheat grades with No 2 red at 103 to 104 cents and No 1 northern at 110 to 116 cents. No 2 corn trades around 68 to 69 cents, oats at 53 to 54 cents, and standard at 54 to 54.5 cents.
Cash wheat No 2 red quoted 103 104 cents per bushel. No 2 hard 103 112 cents. Corn No 3 68 68 4 cents, No 3 white 70 cents. Oats No 2 54 54 4 cents, No 2 white 64 68 cents. Wheat May 102 102 cents, July 0. Corn May 4 3 0 (note: OCR fragment) Oats May 65 3 0, July 48 0.
Kansas City reports cash grain prices with No 2 hard wheat at 105 to 110 cents, No 2 red wheat at 103 to 104 cents, No 2 mixed corn at 69 to 70 cents, No 2 white corn at 69 14 to 70 4 cents, No 2 white oats at 54 to 54 1/2 cents, No 2 mixed at 52 1/2 to 53 1/2 cents. Closing wheat for May at 102 1/2 to 102 3/4 cents, July 93 4/5 to 93 3/4, September around 111 to 111 1/2 cents. Prices show slight shifts by contract month.
Fort Worth market reports show cattle receipts at 3000 head with steers cows and bulls steady, calves $4.75, hogs 1000 head up 5 to 10 cents with top $7.00 and bulk $6.40 to $6.80, sheep 600 head, ewes and wethers $4.50.
Cattle receipts 4000 with 400 southern plus. native steers 5.85 to 8.26. southern steers 5.60 to 7.00. cows and heifers 3.00 to 6.75. stockers and feeders 4.35 to 6.50. bulls 4.00 to 5.50. calves 4.00 to 8.25. Hogs receipts 7500 up 6c. bulk 6.60 to 6.70. packers 6.55 to 6.75. lights 6.40 to 6.65. pigs 5.00 to 5.50. Sheep receipts 10,000 steady. muttons 3.50 to 5.55. lambs 6.00 to 7.10. fed wethers or yearlings 4.00 to 6.00. fed ewes 3.00 to 10.00.
Chicago market reports show cattle receipts about 5000 with slow weak demand and various price ranges for beef cattle calves and feeders. Hogs receipts around 17000 with prices about six to six eighty for different hog weights while sheep receipts near 12000 with a mix of native and western prices and higher market tone.
Cattle receipts 3000 including 200 Texa s strong native beef steers 5.00 to 8.50 cows and heifers 3.00 to 7.00 stockers and feeders 3.75 to 6.75 Texas and Indian steers 5.00 to 7.00 calves in carloads 5.00 to 7.25. Hogs receipts 6500 up 1L00 higher pigs and lights 5.25 to 6.85 mixed and butchers 6.65 to 6.90 good heavy 6.85 to 6.90. Sheep receipts 4000 strong native muttons 4.00 to 5.35 lambs 6.00 to 7.35.
Cottonseed products in Memphis show prime basis oil at 4.67 to 4.73, meal at 26.76, and linters at 2% to 3% in today's market report.
New York spot cotton seed quoted at 5.60 to 5.70 for March to May. June to October ranges 5.73 to 5.88 with multiple lots sold. Total reported sales 22 309 across several months and calls.
New York cotton futures opened steady with gains from improved trade and weather as bulls supported prices. Realizing sales and local bear pressure pushed values down late morning, with spot activity quiet and middling uplands near 10.80 cents.
Cotton futures opened steady with January at 10.74 10.76, February offered 10.77, March bid 10.46, May 10.57 10.58, June bid 10.60, July 10.68 10.69, August 10.67 10.68, September offered, October 10.74 10.75, November bid, December 10.80 10.81.
New Orleans March 12 Cotton futures opened steady to 1 point up from yesterday’s close. Cables were modestly improved, but rain across the belt kept the market weak early. Active months rose briefly then slipped, ending the half hour 2 points below prior final quotes as selling dominated from longs amid hopes for fair weather.
New Orleans on March 12 sees cotton futures opening steady with March at 10.86 and April at 10.82. May 10.82, July 10.89 10.90, August 10.80 10.82, September 10.77 10.79, October 10.75 10.76, December 10.76 10.77.
In Liverpool on March 12 closing prices for American middling rise by 9 points with good middling at 6.87 and middling 6.11. Sales total 8000M with 7800 American. receipts report 30,000, including 26,900 American.
Futures opened barely steady and closed steady on March 5.80. spreads listed include March-April 5.89 and May-June 6.8814 among others. Additional pairs show August-September 56.80 and Janu ary-February 6.76 with several consecutive month intervals.
Raw sugar nominal Muscovado 89 test 4.11, centrifugal 96 test 4.61, molasses 89 test 3.86. Refined steady. Petroleum, molasses and hides steady, leather firm.
In a high spirited ten pin match at Grand Alleys the Emerson Little Five edged the St James Hotel team by 33 pins after two teams split the games. Geyer Jones and Martin each totaled 624 pins for the night averaging 208. Others on Emerson: McMonigal 238 163 1 as listed. Connell and Tetela among top scorers. Hotel Coepen Ellsworth Wagener and Jones also posted strong scores in a close contest.
U S Steel opens at 64 state of the market shows mixed early gains with Reading and Lehigh Valley fluctuating. Trading thins midmorning as the market stays near flat with minor gains in Hill Harriman copper issues and a few bright spots like American Tobacco Virginia Iron and International Harvester.
Money on call remains steady at 2 percent with a steady ruling rate and closing bid of 2 percent. Time loans show strength with 60 day at 3 3 per cent 90 days at 3% and 6 months at 3 14 per cent. Prime mercantile paper at 4 4 percent. Sterling exchange steady with bankers bills at 4.84 for 60 days and 4 87 30 for emanc commercial bills 4.83 percent. Bar silver 58 c Mexican dollars 47 government bonds firm railroads irregular.
The report lists several markets with varied activity. New York and New Orleans show quieter or steadier trading, while Houston and Galveston report steady quotes with price ranges and dated lots. Liverpool appears misformatted but present among the data.
Spot cotton in New Orleans on March 12 closed unchanged with sales of 700 bales. Quotations ranged from ordinary to middling fair with prices from 8 3/4 to 11 1/4 cents, receipts 7507 bales and total stock 590 584 bales.
New York on March 12 reports a quiet cotton market with prices slipping. Middling upland quotes at 10.65 cents per pound while the gulf oiling price sits around $10.90 and sales appear limited.
Memphis report notes cotton spot steady to advanced at middling 10 percent and explains a printing shorthand where the dividend sits to the left and the divisor to the right with dots replacing digits to save space.
Physical Director Tannenbaum of the YMCA announces the Commercial Indoor Baseball league. Eight teams enter: Joske Brothers Wolff and Marx Guarantee Shoe Bankers Lawyers Creamery Dairy Postoffice and San Antonio Gas and Electric. First game next Tuesday with two games nightly three times weekly, ending mid April. A trophy may be offered to spur competition.
Salem Oregon March 12 Charles Barrett the convict who guided warden to a cache of 7000 in gold stolen from the steamer Humboldt has been paroled by Governor West Barrett vanished Sunday with secret service agents promising to reveal the location of additional buried gold near the city authorities say the total believed to be 27000 dollars.
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