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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Mar 13, 1912
Page
11
Sugar prices fall ten cents per hundredweight across markets amid Cuban crop concerns and delayed refinery deliveries. Dealers in San Antonio report little sugar available as buyers note higher costs and a weak spot market. Irish potatoes rise while rice and pork lard prices trend upward.
Quotations were up to date with steady prices across dairy and meat items. Receipts reached 9702 cases at marking, with shows of modest changes in creamery products, cheese, eggs, and poultry, while beef and pork prices remained subdued and potatoes softened.
Eggs steady for the day with prices holding and fresh gathering at 19c. Quotations from poultry firms show chickens 12% to 13% per cwt, springs 16c, ducks 15c, geese 8c, with overall market tone unchanged while some items drift.
A fragment from an AP report shows price quotations for dairy and eggs in Kansas City on March 13. Entries include creamery quoters at 28 cents, firsts 26 cents, seconds 21 1 2 cents, eggs extras 2 cents, firsts 19 cents.
New York reports on raw sugar futures with Muscovado and centrifugal varieties around 4.11 and 4.61 cents, plus molasses sugar at 9 tests and steady prices for petroleum, molasses and hides, with leather holding firm.
New York report notes all grades of refined sugar reduced by ten cents per hundred pounds effective today March 13. Market watchers eye ripple effects across trade and consumer goods sectors as producers adjust pricing.
New York reports on March 13 show coffee futures ending steady with No. 7 at 14 percent, March at 186 and July at 18.43.
The Associated Press reports robust activity in New York cotton goods markets on March 13. Prices are advancing and a further rise is expected after large orders. Export shipments are ahead of last year with rising orders from tailors and solid demand for spot serges.
The New Orleans rice market shows strong and active trading with advancing tones in the clean division. Receipts totaled rough 217 and clean 2 467, with rough Honduras at $3.20 and 2% for Japan, while clean Honduras and Japan prices varied around 44 cents and 3% 4c.
By the Associated Press T LOUIS reports wool prices held steady as combing and clothing wools move between 20 and 21 cents. Fine wools ranged around 15 1 86 cents, heavy fine 12 to 15 cents, and greasy wools 27 to 30 cents.
An Associated Press dispatch from Indon notes bullion totaling 116,900 pounds sterling was taken into the Bank of England yesterday and a shipment of 100,000 pounds sterling was sent onward.
Enthusiastic public gathering in Bastrop Texas on March 13 voted T. W. Cain as president and W. M. Andrews as secretary. C. P. Luckett named manager with Thomas P. Haynie Cain as another officer. A finance panel was created to raise funds for fence completion and salaries for two pitchers and a utility man.
A brief note lists contact options for quotations with phone numbers New Phone 1644 and Old 38200 and provides the address South Salado Street for I and G N Tracks.
The chart shows 8 a m conditions with sea level air pressure in bars, isoTHERMS for equal temperatures at key levels, and symbols for clear, partly cloudy, rain and snow. Arrows indicate wind direction and speed. temperatures, precipitation over 0.01 inch, and maximum wind velocity are noted.
Chicago reports discouragingly heavy wheat receipts weighing on prices. May wheat opens down about 1 percent to around 1.03 dollars, with cash demand weak. Corn shows pressure from Argentine offerings, while oats and provisions show mixed movement amid buying by a major house and ongoing selling. Close remains generally steady to weak across grains with May corn and wheat finishing lower.
Quotations show cash wheat ranges with No 2 red No 2 hard No 1 northern and other grades from 1.02 to 1.18 dollars. Velvet chaff durum and oats quotations listed with several standard and white oats figures in cents per bushel.
Quotes show cash wheat at No 2 hard 1.054% to 1.10 per bushel and No 2 red at 1.02% to 1.03. Corn is listed with No 2 mixed 68% to 69% and No 2 white around 53% to 54% for cash. Futures: May wheat 1.01% to 1.04, July 92% to 92% and September 90% to 90% cents. Corn May 71, July 70, September 68% cents. Oats May 54% and July 46%.
Quotations list cash wheat at No 2 red 101 to 104 cents with a 1 12 percent edge and No hard 103 cents. Corn shows No 3 68 cents and No 2 white 69 to 71 percent. Oats run 54 to 55 cents, with May and July futures at 101 percent, 96 percent, 53 percent and 48 percent for various contracts.
Cotton seed products report from Memphis on March 13 shows prime bank oil at 4.67 and 78 cents, meal at 35.75, and linters at 2 percent.
The Associated Press reports New York on March 13 that cotton seed oil futures show a dull session. Prices range from 5.66 68 to 6.81 82 with various months and spot at 5.68 70 5.66 68 5.67 70 5.7L 72 6/81 82 5.89990 5.93 95 5.87 91. Total sales reach 920%.
Cattle receipts were meager on March 13 with a short session and featureless market. Prices held steady from yesterday with cows topping at 4 dollars and calves at 4.75, up 26 cents for the week. hogs traded to 6.25 for best, bulk 5.75 to 6, while no sheep or goats were offered.
Livestock sold higher on a strong active market demand. Bulls around 38 to 84 dollars. calves 3.75 to 7. cows 3.25 to 5. steers 3.75 to 6.75. Cattle receipts 2800 head. Hogs 15 cents higher. best porkers up to 7.10 with most 6.65 to 7. Sheep demand solid with few offerings and prices strong.
Receipts today include 5000 cattle with native and southern stocker prices and a 10 cent gain. hogs bring 10 to 15 cents higher with bulk sales around 6.60 to 6.86. sheep receipts at 13,000 with market steady and lambs and mutton prices given.
Receipts total 2500 cattle including 400 Texas steers and heifers priced 4.00 to 6.50 for natives. Hog arrivals 8500 with prices from 5.00 to 7.15 for various grades. Sheep receipts 2500 with native muttons 4.00 to 5.50 and lambs 6.00 to 7.35. Market shows a ten cent rise across cattle hogs. sheep steady.
Associated Press reports Chicago market activity on March 13 with cattle receipts about 18 500 and prices for Reeves to calves mostly rising. Hogs receipts near 30 000 show bids from light to heavy and bulk sales around 6 85 to 7 00. Sheep receipts about 24 000 with market steady to slightly lower and native and western lambs and yearlings priced between 3 70 and 7 50.
Dilly Texas report notes W L Crawford and Lloyd Yegne shipped five carloads of feed steers to St Louis yesterday with four cars by Crawford and one by Yegne. A fine crop of tallow weed is springing up on the range and the stock are gaining flesh. A liberal movement of reside cattle is expected from this section this spring.
Secretary Wilson announced no evidence of foot and mouth disease in British cattle. The embargo on cattle from Great Britain was lifted as the disease has not been found in Britain for three months. Continental Europe cattle are admitted and English authorities cite possible infection sources from the continent sea gulls and car tires.
Lead held at 4.00 while spelter advanced to 6.90 92 percent in early trading. Prices reflect steady demand with metal markets showing muted activity across the session.
Opening deals in New York mark strength and activity with substantial gains in Union Pacific and L N. United States Steel leads blocks, with Lehigh Valley Reading Erie and Copper shares rising. American Sugar up 3 8 points on expectations of annual report. market ends heavy after late profit-taking.
Money on call firm at 2 percent with a 2 1/2 percent ruling rate. Time loans steady at 60 days 3 percent 90 days 3 1/2 percent six months 3 1/2 percent. Close prime mercantile paper 4 percent. Sterling steady with bankers bills 4.84 for 60 days and 4.87 25 for demand. Commerical bills 4.84 3/4. Bar silver 58 1/2 cents Mexican dollars 47 cents. Government and railroad bonds steady.
New York March 18 The Standard Oil company of Nebraska today declared a dividend of 2000 shares or 33 1 3 percent.
New York cotton opened steady with small losses as weather maps showed no rain in the south. Liverpool and Berlin reports buoyed sentiment while Western belt forecasts warned of unsettled weather. Prices fluctuated, ending the morning near yesterday's close with a nervous undertone and scattered gains in late trades.
New York reports cotton futures opening steady with bids and offers across months from January at 10.68 to December at 10.69. Closing prices mirror the steady tone with narrow ranges and modest gains or losses for several contracts.
Cotton futures in New Orleans opened steady with most active months 1 point down early after London reports of a likely settlement in the coal strike. Weather forecasts predicting rain across the western belt weighed on distant months while bulls cited improving weather. Noon pricing held unchanged from yesterday's close.
March futures stood at 10.80 with 10.80 asked for April. May at 10.78 bid, July 10.86 at 86, August 10.723 75, September 10.69 711, October 10.67 asked, December 10.68 790.
Closing cotton spot in Liverpool shows moderate business up one point. American middling fair 6.76, good middling 6.38, middling 6.12, low middling 5.82, good ordinary 6.44, ordinary 5.48. Sales 7000 bales, including 6800 American. receipts 7000 bales, including 1500 American.
Liverpool market notes show futures opening softer and ending with brisk trading. March to April and various nearest-month spreads traded at single digit percentages with notable rate ranges from 5.73 to 6.89 percent across the forward curve.
Interior movement figures show last year’s totals in cotton shipments and related metrics. The report lists nationwide shipments at 17 325 and 61 918 with other totals 24 679 and 6 698, reflecting year to year comparisons.
New Orleans on March 13 reports spot cotton unchanged at steady levels with 1900 sales and 400 arrivals. Quotations show low ordinary 7 1 8 cents, middling 10 1 8 cents, strict middling 11 1 8 cents, and fair 12 1 8 cents with receipts 41 84 and stock 261 956.
Houston March 13 spot cotton remains steady with values around low ordinary to good middling levels. Prices shown include low ordinary 10 percent, ordinary 12 percent, good ordinary 16 percent, middling 11 percent, good middling 13 percent. Sea 727 percent. shipments 5750. stocks 107302. market summaries indicate current activity and balances.
Domestic wool demand shows a drop while prices stay firm. Dealers report depleted bins and smaller than usual sale supplies for the season as fair sales occur in old territory stock, Texas and Ohio fleeces. Growers in the west seek 19 cents on the sheep’s back with some sales near that level. Kentucky Indiana Missouri blood grades move around 28 20c and 28 20c for quarter blood.
London reports modest moves in money markets with Consoles yielding 77 percent of a penny for money and 15 to 16 for TT. Bar silver steadies around 27 cents, while short and three month bills show yields near 3 percent amid quiet trade.
Lead remains quiet at 15 pounds 178 shillings 64 pence. spelter steady at 26 pounds 10s. tin dull with spot at 192 pounds. Futures trade at 187 pounds 40s as London markets close for the day.
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