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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Mar 29, 1912
Page
15
AEATS AND LARDS rise with gains of about 75 points in meats and a cent per in lards over last week. Packers report strong advances amid hog shortages and higher corn costs. Dry salt and bacon prices move higher with fresh quotes for various cuts.
A dated grocery price list shows per pound rates for butter at 28c, poultry items from 4.00 to 7.00, eggs at 15 to 13c, Idaho potatoes at 2.75 per half hundredweight, California onions at 4.50 per sack, seed potatoes per sack from 4.25 to 5.25, oranges around 2.75, lemons at 6.00, and full cream cheese at 22c.
Butter steady with creamery and cheese prices listed. Eggs easy amid 11,977 cases received. Potatoes strong with 56 car shipments from Wisconsin Michigan and Minnesota. Poultry firm turkeys at 14c and chickens at 13c with weights 50 to 60 pounds at 7c.
By the Associated Press in New York on March 29 the report notes 19,823 cases and fresh gathered 224 percent? dirties 20 cents, checks 19 cents.
Kansas City market quotes list prices for butter and eggs. Butter creamery 28 cents firsts 26 cents seconds 21 and a half cents packing stock 21 three quarters. Eggs extras 20 cents firsts 18 cents.
St Louis market report shows poultry steady with chickens at 82 1/2 cents, springs at 9 cents, turkeys 17 or 18 cents, ducks 16 cents, geese unchanged. Butter steady with creamery at 27 1/3 cents, eggs unchanged at 19 cents.
New York summarizes sugar types and testing benchmarks for muscovado and molasses sugar with prices around 8.86c and 4.36c, refined goods steady, petroleum leather and molasses stable, and hides firm. Bogota figures listed as 24 and 25.
New York reports futures for No. 7 coffee slipping to 14 percent gains mid session. May futures settle near 80 and July at 13.90 as trading closes with marginal changes.
Cottonseed products report from Memphis shows prime basis 14 880 meals at 26.25 and linters at 2 percent. New York garden cottonseed futures trade firm with several months quoted from April to October and sales totaling 11 100, including 800 ay and 600 October lots.
In Memphis on March 29 spot cotton remained unchanged with middling grade at 11.0 cents per pound.
Chief Quartermaster's Office invites sealed proposals in triplicate for printing and drayage for the Department of Texas. Bids due 11:00 a.m. April 5, 1912, for the fiscal year starting July 1, 1912, information on request from Col. Clem, Chief Quartermaster, Chicago.
Explanatory weather notes describe 8 am observations with sea level air pressure, Isobars lines, Isotherms for specified temps and clouds, and symbols for precipitation and wind. It lists how figures are formatted for temperature precipitation and wind, including thresholds and scales.
New York March 29 The opening session saw Canadian Pacific rise 2 points and Union Pacific up one, with Southern Pacific advancing. Reading, Erie, Rock Island and others edged higher while United States Steel held steady. Copper shares boosted overall sentiment as afternoon turnover rose and then cooled, leaving the market broadly steady with some profit taking in Reading.
Prime mercantile paper 44% per cent. Sterling exchange easy with actual business in bankers bills at 4.84.10 for 60 day bills and 4.86.90 for demand. Commercial bills 4.83%. Mexican dollars 47c. Government bonds easy, railroad bonds run.
The lead market in St. Louis on March 29 shows the lead firm at 4.22 percent and 25 as the yield, while spelter strengthens to 6.60. The brief note records a session where prices moved higher on limited supply and steady demand.
New York on March 23 reports spot cotton activity quiet with middling uplands at 10.85 cents and middling gulf at 11.10. Sales totaled 3200 bales as mills showed cautious demand.
Weekend cattle trade remained dull with limited offerings sold on arrival. Cows topped at 4 dollars and calves at 5 dollars, hogs scarce at drive-ins around 6.50 per hundredweight with traders predicting 7 dollars next week as Fort Worth lifts above 8 dollars. Packers say they can handle liberal hog consignments next week, but farmers may withhold supplies while prices rise.
Fort Worth cattle market opens with strong beef steers from 5.00 to 6.85, prime heifers at 5, bulls at 4.50, calves 4.50 to 6.50. Hogs rise to five cents, top eight, sheep and wethers steady, lambs 7.50 to 9.00. Total cattle 1700 head including 600 drive-ins, hogs 650, sheep 1000.
Receipts and quotations for cattle hogs and sheep in Chicago. Cattle receipts about 1500 with steady ranges for Reeves Texas and western steers stockers and feeders cows and calves. Hogs receipts about 16000 with steady to higher bids across light mixed heavy and pork types. Sheep receipts about 7000 with steady market for natives western yearlings and lambs.
Cattle receipts 1000 with steady market. Native steers 6.00 to 6.25, southern steers 5.50 to 7.25, native cows and heifers 6.25 to 7.00, steers and feeders 4.75 to 6.40, bulls 4.00 to 5.75, western cattle 3.50 to 7.75. Hogs receipts 4000 with 10 cents higher. Bulk 7.60 to 7.85, heavies 7.80 to 7.90, lights 7.50 to 7.70, pigs 5.75 to 6.60. Sheep receipts 2000 with 10 cents higher. Muttons 4.60 to 6.25, lambs 7.00 to 7.15, fed wethers and yearlings 5.00 to 6.75, fed ewes 3.00 to 5.75.
Chicago reports a steady market for grain and provisions as wheat rose early on light European reserves. May wheat opened at 1.03 and closed down from last night while corn fluctuated and oats eased. Provisions saw gains but pork faced a sharp profit-taking drop in late trading.
The article lists wheat prices for various grades including No 2 red No 2 hard No 1 northern No 2 northern No 2 spring Velvet chaff durum and No 2 white with corresponding values and percent figures. A date field appears along with malformed entries.
Quotations from St Louis show cash wheat prices for No 2 red at 1.04 to 1.06, No 2 hard 1.03 to 1.13, corn No 3 74 to 73 cents, No 8 white 74 to 75 cents, No 3 white 74 14 to 75 percent, oats No 2 75 cents, No 2 white 66 1/2 cents. Close: May wheat 1.01 . July 95 cents. Corn May 79 1/2 cents, July 75 1/2 cents. Oats May 65 cents, July 49 cents.
Quotations today show cash wheat with No 2 hard at 1.054% to 1.11 and No 2 red at 1.03 to 1.09. Corn values list No 2 mixed at 75 to 76, oats with No 2 white at 64% to 55 cents. May wheat at 1.00% and September at 90% bid. corn May 74% to 75 cents, oats May 56 cents, July 48 cents to sellers.
Receipts total 1000 cattle including 100 Texas stock. native beef steers $5.00 to $8.75, cows and heifers $5.00 to $7.50, stockers $3.75 to $6.25, Texas and Oklahoma steers $5.00 to $7.00, cows and heifers $5.50 to $6.26, calves $5.00 to $7.00. Hogs receipts 6000, prices $5.50 to $8.00. Pigs and lights $5.50 to $7.90, mixed and butchers $7.90 to $8.00, good heavy $7.90 to $8.00. Sheep receipts 1000, market steady. native muttons $4.25 to $6.00, lambs $6.00 to $8.10.
By the Associated Press from New York on March 29 the cotton goods markets show quieter trading yet prices stay firm. Jobbers report moderate business for this season, raw silk remains steady but inactive, and men’s wear deliveries grow while demand holds at a steady level.
London report states bullion totaling 98 000 pounds sterling was deposited into the Bank of England yesterday and 60 000 pounds sterling was withdrawn for shipment to Germany.
New Orleans on March 29 reports spot cotton steady with 1740 bales sold to arrive at 25 dollars per bale. Price ladder includes low ordinary 7 1 16 percent and up through middling at 10 15 16 percent with receipts 2149 bales and total stock 189693 bales.
Special to The Light reports Houston on March 2 where spot cotton closed steady. Middling fair to good grades traded, with sales totaling 610 bales.
Galveston Tex March 29 Spot cotton closed firm with middling at 11 cents. Sales reached 980 bales.
New York opened with a steady tone after gains on good cables and rain signals. Prices held near last night’s close as the morning saw mild advances then a pullback but remained firm amid weather concerns. New Orleans and Liverpool showed mixed but modest moves, with the market overall steady by midday.
Cotton futures in New York opened steady with January at 10.71 72 cents and December at 10.76 77. Prices showed narrow ranges through the day, closing barely steady with mixed highs and lows across the contract months.
In New Orleans March 29 cotton futures opened steady to unchanged but rose to 3 point net advance by noon as heavy rains over the belt delayed farm work. Early gains faded with selling from longs and covering by shorts, leaving prices near yesterday's close.
Cotton futures closed steady with a slight advance as May July and December quotes moved around. Prices showed small gains of one to three points with various months in modest trading ranges and a general firming tone.
Liverpool closes with fair demand for cotton as prices hold. American middling fair at 6.79, good middling 6.41, middling 6.17, low middling 6.87, wood ordinary 6.46, ordinary 5.19. Total 8000 bales traded, 600 for speculation and export, including 7800 American. Receipts 72,000 bales, of which 71,700 American.
Liverpool reports futures opened and closed steady with a sequence of intermonth spreads. March April 6.96% April May 6.96 May June 6.94 July August 6.93 August September 5.89% Sept October 6.86% Oct November 5.83% November December 6.81% December January 6.81% January February 6.82% Haer April 5.82%.
Wool steady in St Louis trading. Medium grades combing and clothing up to 20 percent, light fine 15 percent, heavy fine 12 to 13 percent, tub washed 27 to 30 cents. Historical cotton statistics noted with last year figures and spinners takings in St Louis.
Mining prices listed in Boston show Arizona Commercial at 4 percent, Calumet and Arizona at 72, Greene Cananea at 9, and North Butte at 36 percent with March 3 reporting.
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