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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Mar 15, 1915
Page
12
Fragments report rising costs and expected surpluses as growers and dealers brace for an abrupt market shift. Weather and harvest conditions loom over shipments to Chicago and regional markets while policy talks weigh on prices.
Fort Worth markets show cattle prices slipping while sheep demand rises. Cattle and hogs sold, with best cows around 5.50 and calves to 7.80, as Kansas City, St Louis, and Oklahoma City reports detail varied receipts and steady to firm sheep values amid rising demand.
Market notes show cattle sales across Fort Worth and Kansas listings with steer and heifer lots trading around 7.00 to 8.00 per hundredweight. Firms like Russell and Coleman, Reed & Co, and Oliphant advertise multiple lots including steers and feeders, while quarantine impacts and slight price adjustments around steady to 0 cents lower are reported.
San Antonio market notes dated March 14 show daily pricing for butter eggs poultry sugar and molasses with values for Tex and Kansas City markets. Chicago New York and Galveston postings list various creamery butter quotes eggs poultry and staple goods, along with crude wheat and corn figures and dollar ranges for livestock and hogs.
Motor car shares remained prominent on the stock exchange while foreign markets showed uneven activity. Investors watched multiple automotive firms report varied results, signaling mixed momentum in the sector amid broader market fluctuation.
Liverpool buyers and a broad cotton market show a gain as futures and prices move. The report notes activity in New York and Liverpool with varied demand, price shifts, and trading across multiple firms and regions, including speculative buying and market adjustments through the day.
Market notes from Liverpool show middling prices at 44d and 48d with improved sales of 7 090 bales including 1 000 for export and speculation. Receipts recorded at 70 000 bales and futures futures curves quoted for May June and July August with several forward prices. In Pittsburg a windpal price cut affected local rates as a company releases a price schedule for mercer blue and related goods.
In FASO Texas and MEXICAN money markets, rates show minimal charging with several instruments quoted. The market features 60 day and 98 day terms at about 2.0 to 2.5 percent, with 6 month offerings near 2.4 to 2.9 percent and short maturities around 2 percent.
State bank report shows assets at 8.2 million with mortgages on real estate totaling 2.09 million and due to depositors at 4.174 million. Profit and interest figures listed with cash on hand noted. Also mentions exclusive patterns in vault workings and a general weather bulletin with observations from New York Cotton and various ports.
Foreign buyers show interest in steel markets as local producers report steady demand and price competition. The report notes imports from overseas markets, with buyers seeking value amid fluctuating freight costs and currency effects impacting deals through the quarter.
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