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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Mar 15, 1912
Page
15
Market commentary notes higher hog prices due to scarce hogs, with hams bacon and lard marking up in wholesale markets. Corn syrups and corn products rise, egg receipts light but prices steady around 17 cents per dozen. Poultry and butter steady as winter movement of produce to the country remains heavy.
Readable price list shows country produce and groceries including eggs butter cheese bananas and canned goods with per unit and per hundredweight figures for cabbage peppers cucumbers tomatoes onions and other fruits nuts and vegetables. Also lists meats lard dried fruits flour and bran with assorted weights and pack sizes.
Observations at 8 a m show air pressure at sea level with isobars and isotherms. The chart uses arrows to show wind, and numbers denote temperature. precipitation of .01 inch or more in 24 hours. and maximum wind speed.
At Union Stock Yards on March 15 hogs formed the bulk of receipts and the market held steady from yesterday. Cattle numbers reached about 60 head with calves 40 and hogs 135. a carload of horses for feed and rest arrived for northern markets. Fort Worth hog prices hovered about one dollar per hundredweight above San Antonio quotes, with today’s averages near 6.25 per hundredweight. Cattle sold shortly after arrival. cows brought around 4 and calves 5 for top grades. the session was short and featureless.
Quotations from Chicago dated March 15 show butter and eyes prices steady with creamery and firsts ranges. Cheese remains stable with daisies twins and Young Americas at similar fractions. Potatoes steady with prices from 1.20 to 1.22 for fair to fancy. Poultry steady with turkeys at and chickens 15 cents per pound.
In St. Louis on March 15 quotations show chickens at 12 1/2 cents, springs 15 cents, turkeys 1 dollar, ducks 16 cents, geese 5 cents, butter at 24 30 cents, and eggs rising by 20 cents.
Quotations list Butter and dairy prices in St. Louis on March 15 with creamery at 28 cents, firsts 26, seconds 21 mid packing stock, extras 21, and firsts 19 cents.
In New York on March 15 eggs were unsettled with fresh extras at 24 to 30 cents and dirties at 20 to 21 cents per dozen.
Market report from New York on March 15 notes very strong cotton goods demand with extraordinary orders for ginghams and prints. Dress goods and staples see price advances as buyers push for availability.
New Orleans market report shows clean rice strong rough rice steady. Receipts indicate rough 16.35 thousand? No, 16.35. Clean 4301 and millers 1201. Sales include 3132 Honduras at 3% 4%c and 600 Japan at 2% 4%. Quotations list rough Honduras 2.50 4.35, Japan 2.50 4.10, clean Honduras 4% 5% and Japan 3% 4'6c.
Associated Press reports raw sugar holds steady in New York trading on March 15 with Muscovado 89 test at 4.02 cents, Centrifugal 96 test at 4.52 cents, and Molasses sugar 89 test at 4.77 cents. Petroleum and hides steady, leather firm.
In New York on March 15 the Associated Press reports May coffee futures at 13.43 and July at 13.52 with prices steady. Mrs Robley D Evans widow of Admiral Evans is reportedly in tight finances prompting congressional consideration of a pension bill to raise her monthly to more than the current 30 dollars. Greece hosts a Lambs Club frolic in New York where Charles Frohman spoke and Augustus Thomas shouted Author! Author! amid hearty applause.
In Fort Worth Texas on March 15 hog prices climbed to 7.25 per hundredweight the highest in weeks with receipts of 3 hogs. Cattle prices stayed steady with beef steers up to 7 and cows ranging 2.85 to 5.10. Bulls moved 3.25 to 4.35 calves 4.50 to 7 and sheep remained in demand around 6.00 with receipts of 4.70 per head.
Cattle receipts 600 with market steady. Southern steers 6.60 to 7.56, native cows and heifers 3.10 to 7.00, stockers 4.25 to 6.25, western steers 5.75 to 8.50. Hogs receipts 2000, market 5 to 10 cents higher. bulk 6.60 to 6.85, heavies 6.80 to 6.90, lights 6.50 to 6.80, pigs 5.00 to 5.75. Sheep receipts 2000, market 10 cents higher. muttons 3.75 to 5.50, lambs 5.75 to 7.15, fed wethers 4.50 to 6.15, fed ewes 3.00 to 5.25.
Cattle receipts 1600 with Texas 200. native beef steers 5.00 to 8.60. cows and heifers 3.00 to 7.00. stockers 3.75 to 6.26. Texas steers 5.00 to 7.00. calves 5.00 to 7.25. Hogs receipts 2500. pigs 6.00 to 7.05. mixed 6.40 to 7.50. heavy 7.05 to 7.50. Sheep receipts 8000. native muttons 4.25 to 5.75. lambs 6.00 to 7.50.
Receipts total 2000 cattle with slow steady demand and various price ranges for Reeves Texas western stockers feeders cows heifers and calves. Hog receipts around 20000 with dull market and slight uptick with price bands from 6.70 to 7.00. Sheep receipts 6000 show firm to slightly higher values for natives westerns yearlings and lambs.
The passage notes the extraordinary migration speed of birds under good conditions and contrasts their silent autumn departure with their boisterous spring arrivals. It also hints that autumn dates for departure are less known than arrival dates earlier in the year. A second excerpt mentions pulverized street rubbish and coal tar making good fuel briquettes in Amsterdam.
Chicago reports a broad selloff across wheat, corn, and oats as aggressive selling routs drive May wheat down to around 1.01 dollars and end the session with a 1 to 2 cent decline. Corn also weakens with May trading near 70 and oats briefly rising before retreat. Provisions follow grain declines with July pork and lard futures lower.
Grain and oats prices show No 2 red at 1.00 with 1.02, No 2 hard 1.00 1.04, No 1 northern 1.09 1.12, No 2 northern 1.07 1.10, No 2 spring 1.00 1.08, velvet chaff 0.90 1.08, durum 0.90 1.06. Oats include No 2 white 0.53 with 5ic, standard 0.53 0.54.
Quotations dated March 15 show cash wheat Nos 2 hard 1.03 to 1.09 percent, No 2 red 1.00 to 1.10 percent. Corn No 2 68 to 69 70 cents, No 2 white 69 to 70 cents. Oats No 2 mixed 58 cents, No 2 white 52 to 53 cents. May and July futures for wheat 99 1/4 to 91 1/4 cents, September 89 3/4. corn May 71 3/4 to 70 70 cents, September 68 68 1/4. oats May 54 1/2, July 47 cents.
The bulletin lists cash wheat prices at No 2 red and No 2 hard at 1.02 and 1.11, corn and oats futures with May and July quotations. A shadow boudoir clock is described, projecting time onto walls via a ceiling dial with a touch of a bulb. Wine production in Europe totals 987,482,000 gallons, up from 627,650,000 in 1910, with several nations contributing 141.2 percent of last year’s output.
New York opened 6 to 8 points higher on rain in the eastern belt and strong Liverpool cables but heavy realizing pulled early gains back. By late morning prices hovered near the prior close with spot middling uplands at 10.75? and a steadier afternoon with 2 to 3 points advance over yesterday’s close.
New Orleans March 15 Cotton futures opened steady with a 4 to 5 point advance as heavy rain floods eastern belt fields and halts farm work. Bulls offered little support while nervous shorts dominated demand. By mid morning prices rose five to six points, then slipped to near yesterday's close. At noon markets were one to two points over prior close, closing steady but down 8 to 6 points.
In New Orleans on March 15, cotton futures opened steady with bids showing March 10.92, April 10.92, May 10.89, July 10.93, August 10.84, September 10.79, October 10.75 and December 10.78.
Liverpool March 15 close shows good business with six point price gains. American middling fair 6.82, good mid 6.44, middling 6.18, low middling 5.88, good ordinary 6.50. Sales 12,000 bales including 2,500 for speculation and export with 11,800 American bales. Receipts 20,000 including 19,600 American bales.
Futures began and ended steady with a sequence of forward dates. Notable pairs include March March-April at 6.93 percent and November-December at 5.77 percent, among others.
In Memphis on March 15 prime bin corn 4.67 meal 25.75 linters 2 percent 3 cents quoted.
New York Cotton seed oil markets close firm on March 15. Spot price listed at 5.60 to 6.64 with futures for March to October ranging 5.61 to 6.89. Total sales reach 9100 units including 1000 April, 600 May and 500 July contracts.
Market notes show New York quiet at ssis 10.75 while New Orleans remains steady at 10. Liverpeo steady at 6.18 with 12,000 head. Houston and Galveston also steady with prices around 11.00 and 1,100 units respectively.
New Orleans on March 15 reports spot cotton unchanged with 1450 sales and 4162 receipts. Prices range from low ordinary at 7 cents to good middling around 11 3/4 cents with middling fair at 11 3/4 to 12 cents. Stock stands at 229,482 bales.
The Associated Press reports spot cotton in Galveston on March 15 with prices steady across grades. Low ordinary 6 3/4 to 7 cents, good middling 11 1/16 to 11 9/16 cents, sales 100, receipts 5,182, stock 279,883.
Spot cotton closed steady with bids unchanged across grades in Houston. Prices ranged from 6 3/4 to 11 1/2 cents for various fibers. total sales reported at 996 bales with shipments around 7,707 and stock at 403,284 bales.
Associated Press reports spot cotton in New York closed quiet and unchanged. Middling up lands 10.75, good middling 11.00. U.S. sale figures show 4725 bales sold.
Memphis spot cotton in mid March shows steady price at middling ten and three quarters cents per pound. The report notes a stable market with unchanged values as traders assess demand and supplies.
Liverpool reports weekly cotton statistics with imports and stocks, while New York records a brisk opening as United States Steel leads a broad advance. The early rally broadens then weakens with profit taking on Amalgamated Copper and Northern Pacific, and Erie rumors spreading amid steady bonds and heavy coal shares.
Close: Prime mercantile paper 4 percent. Sterling exchange steady with actual business in bankers' bills at 4.84 25 for sixty days and at 4.87 26 for demand. Commercial bills 4 834. Bar silver 58 4?. Mexican dollars 47e. Government bonds irregular, railroad bonds firmer.
Lead firm at 4.00 and spelter strong at 7.00 in a brief St. Louis metals market report dated March 15.
London reports quiet trading in lead at 15 pounds 18s 9d and spelter at 26 pounds 7s 6d. Tin remains calm with spot at 191 pounds 6s and futures at 187 pounds 15s.
Paris reports three per cent rentes at 95f 85c for the account with London exchange at 25f 24c for checks. Private discount rate stands at 4 percent.
London reports bullion totaling 219000 pounds sterling added to the Bank of England vaults while the bank ships 100000 pounds sterling to South America as part of a larger bullion transfer.
London on March 15 saw Consols for money at 77 15 16 and the account at 78 1 16. Bar silver held steady at 26 15 16 with money rates 8 percent, short bills 3 percent, and three months bills at 39 16.
The Associated Press reports in New York on March 15 that money on call remains at 2 1/2 percent with the ruling rate and closing bid at 2 1/2 percent and 2 3/8 percent offered. Time loans show firmness with 60 days at 3 percent, 90 days at 3 1/4 percent, and six months at 3 1/4 percent.
The Constructing Quartermaster Fort Sam Houston Texas invites sealed proposals in triplicate by 11 a m March 18 1912 for furnishing and installing screens in four buildings at Fort Sam Houston Texas The United States reserves the right to reject any or all bids Specifications available on request Envelopes should be marked Proposals for Wire Fort Sam Houston Texas and addressed to P W Guiney Constructing Quartermaster
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