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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
May 04, 1911
Page
13
New York leads the day with the cotton market down 14 to 20 points as Liverpool and New Orleans also fall. Spot prices ease while near months slip on new crop deliveries and general selling. Weather expectations and bear pressure push values lower despite a late rally.
The Associated Press reports early cotton futures with bids for January 12.92 93, March 12.92 93, May 15.36 87, July 15.57 88, August 14.84 85, September 13.65, October 13.04 05, and December 12.92 93. Prices shown as bids and offers.
Cotton futures in New Orleans opened steady with old crop months down 5 to 19 points and new crops 11 to 20 points under yesterday. Liverpool cables were favorable but dry weather limited gains. shorts sold new crop while forecasts of unsettled weather kept activity cautious. End of morning shows modest losses. afternoon session remained quiet and steady.
Market notes show a steady start with May at 15.34 and June at 15.8807 with a 40 basis, July around 16 and August 14.56 60. October trades at 13.01 with small 0.02 moves, plus an 18.04 reading. The fragment hints at a futures board with mixed inventory benchmarks.
Liverpool cotton market closes with three point uptick as American middling fair hits 8.82 and sales reach 16 000 bales including 14 300 American and 4 000 for speculation and export. Receipts total 4 000 with 3 700 American. futures opened steady and closed barely steady with multiple spread quotes listed.
Spot cotton in New Orleans unchanged as sales reach 1230 bales with 440 to arrive. Prices listed by grade: low ordinary 11.8, ordinary 12.5, good ordinary 14.25, strict good ordinary 14.25, low middling 14.75, strict low middling 15.0, middling 15.0, strict middling 15.0, good middling 15.75, strict good middling 16.0, middling fair 16.0, midling fair to fair 16.0, fair 16.0, receipts 4619, stock 105199.
In Memphis on May 4 the market shows cotton steady with middling prices unchanged. Trade activity appears light as buyers and sellers assess current demand and futures outlook.
Houston reports May 4 price notes with middling Upland cotton at 15 16 to 16c. Movement shows cautious demand as buyers monitor futures and weather. Volume quoted for Snot cotton appears in OCR error and cannot be confirmed.
May 4 report shows twenty four hour period ending 8 am readings across Houston district stations. Data lists minimum temperatures and rainfall for the period with notes on averaging methods and time reference at the 75th meridian.
The belt area reports fair conditions with clouds in the east and rain in Florida. Temperatures run below normal as Jacksonville and Lake City record an inch or more of rain. a threat of frost is noted in Goldsboro, North Carolina. Allen Buell, local forecaster.
The New York stock market opened under heavy pressure with readings showing declines in Reading and Lehigh Valley as Canadian Pacific fell 1 percent. Despite brief rallies in some names like International Harvester, the overall trend remained weak with U S Steel and other leaders slipping, final prices near session lows as selling intensified after 1 pm.
May 4 report shows steady cattle trade nationwide with Fort Worth and three northern points in line. Chicago and Kansas City light, Fort Worth small on local market, midday drive-ins lift consignments. evening totals show cows $3.50 top $4.00, calves $4.50–$5.50, hogs $5.50–$6.00, sheep slow, several carload shipments moving from Tucson Coleman Van Raub Temple Fort Worth Sanderson.
Fort Worth Texas notes improvement across cattle and hog markets. Cattle receipts 1200 with active cows and heifers while beef steers sold slowly. early prices $4.75 to $4.95, stockers $3.65 to $4.35, top heifers $4.75. Hog receipts 1700, top $6.05, bulk $5.60 to $5.90.
Cattle receipts 3000 with native and southern classes steady to strong. Hogs arrive 12000, market five cents lower with bulk selling 5.75 to 5.90. Sheep receipts 7000, muttons 3.50 to 4.50, lambs 4.90 to 6.10, fed wethers and yearlings 3.90 to 5.10. Western and feeder categories listed with price ranges.
May 4 market update shows receipts 1800 cattle including 200 Texans and 10,000 hogs. Native beef steers 5.00 to 6.50, cows and heifers 3.50 to 6.55, pigs and lights 5.95 to 6.05, packers 5.90, sheep receipts 4000 with muttons 3.75 to 4.25 and lambs 5.75 to 6.16.
Chicago market report shows cattle receipts about 6000 with slow demand. Beeves range 5.00 to 6.40, Texas steers 4.60 to 6.50, western steers 4.80 to 5.65, stockers and feeders 4.00 to 5.45, cows and heifers 2.40 to 5.60, calves 4.25 to 6.26. Hogs receipts about 25,000 with prices five cents lower. lighters 5.65 to 6.10, heavy 5.50 to 5.90, bulk 5.85 to 5.95. Sheep receipts about 15,000 with steady market. natives 3.00 to 4.60, westerns 3.25 to 4.60, yearlings 4.40 to 5.40, native lambs 4.25 to 6.10, western 4.65 to 6.05.
J B Hollingsworth sent two carloads of cattle from Range Texas to Fort Worth while Ed Bailey shipped a carload of hogs to Cuero.
Weather conditions forecast for San Antonio and East Texas show unsettled and warmer conditions tonight and Friday. A storm is developing over the east gulf affecting gulf and south Atlantic states, with a second area bringing clouds and rain to plateau regions, and freezing reported in Minnesota.
Local wholesale market reports little activity with strong demand for home grown produce. A light shipment of Texas rhubarb arrives, possibly the market's first ever, while California and Kansas supplies are rare. Canned fruit stocks thin, berries scarce after rains, and orange and prune futures foresee high prices amid frost damage and plant shutdowns.
Fragmentary list shows assorted produce including Jonathan apples Florida tomatoes oranges potatoes bananas cabbage limes grapes and other items. Reads like an ad or inventory note with unclear punctuation and several garbled phrases.
A historical price list shows per pound and per dozen rates for dairy and poultry items. Butter and cheese range from 15c to 24c per unit, eggs 16c a dozen, and poultry prices from $3.25 to $7.00 per dozen or pound.
Chicago market notes show butter and cheese steady with daisies at 12 to 18 cents and eggs steady at 13 to 18 cents per dozen. Potatoes firm with grade spreads 55 to 60 cents per pound and poultry prices steady. turkeys at 14 cents, veal per weight ranges 6 to 9 percent.
New York May 4 Quotations for eggs show firm prices with 38 056 cases receipts. Fresh gathered extras bring 20 cents, firsts 18 cents, seconds 16 cents. Storage packed firsts 18.5 cents, dirties No 1 15.5 cents, No 2 15 cents, poor to fair 12 to 14 cents, good to prime 14 to 14.5 cents. State and nearby hennery white 20-21 cents, brown and mixed gathered 17.1 cents, western gathered white 18-19 cents.
W H Lott of Goliad visits San Antonio at the Bexar hotel and reports the Goliad area has the best cattle conditions in years with a strong fall run expected. Victoria’s F A Welder and Refugio’s G W Moss plan interior Mexico cattle purchases. Dr J Robards, Brownsville area inspector, is active surveying duties this week.
Robert Griffiths imported 136 head of Mexican cattle yesterday through Brownsville and shipped the animals to Victoria. Dr. Wm. M. Cummins of this city conducted the inspection.
FE Lane of Delfina returned from Mexico with a shipment of cattle imported yesterday and immediately transferred to his ranch.
Harper of Spofford arrives early at the Southern hotel and is noted for his ties to the San Antonio cattle scene as a liberal patron of the local cattle market.
T M Berry stockman and wife from Carrizo Springs are in town on business. Mrs Berry is shopping for trifles and plans to stay a few days. O Lackanson from Haymonds ranch visits for a few days and notes rains insufficient to hinder farmers, a common complaint last week.
Kansas City price report shows butter at 21c for creamery, 18c for firsts, 16c for extras, 17c for packing stock, 13c for seconds, with 16c to 18c ranges for various butter grades and conditions.
Alvin Texas reports an unusually heavy cucumber crop this year. The first car was sent east last night and two more cars are scheduled to depart today and tomorrow.
Heavy rains covered the range country with inspectors noting good conditions. Cars of cattle were shipped from Aguilares Uvalde Clarendon Canadian Lubbock Victoria Bovinia Refugio Beeville Alice with reports of fine or good weather, fattening cattle and improving range.
Quotation snapshot from St Louis on May 4 shows lead steady at 4.27 dollars per unit, spelter at 0.80, chickens at 12 cents, springs 20 to 29 cents, turkeys 13 to 15 cents, ducks and geese 6 cents, butter creamery 15 to 21 cents, eggs weak at 14 cents.
May fourth report shows copper steady with spot and near term futures around 11.70 to 12.50 in New York and 54 pound spot in London. Tin remains weak with spot near 41.85 to 42.00 and near term around 41.50 to 41.95. Lead stays dull around 4.25 to 4.50 in New York and 15s in London. Arrivals of copper in New York today reported, with month’s exports totaling 1806 T&S tons.
Turpentine steady in Wilmington on May 4 with receipts noted. Rosin also steady with 11 barrels received. Tar firm at 2.20 per barrel, 48 barrels received. Crude turpentine firm at 5.00 7.00 and 1.50 with 20 barrels received.
Chicago reports on May 4 show drouth talk lifting wheat while London demand and Buenos Aires supplies offer bulls support. Bears gain ground on optimistic crop prospects in Europe and the U.S. Corn sees brief selling, oats gain as cash buyers push in, and hog shipments influence provisions with pork around 14.90 and ribs near 7.92.
An OCR fragment shows commodity price quotes for meat cuts including Mess Park May June July September and Lard with figures around 8.00 to 14.90 and percentages. Short Ribs quotes appear with May July and Sept values near 7.80 to 8.12 percent.
Chicago May 4 receipts and shipments of grain today were listed with amounts for corn and wheat. Trade figures reflect leveled activity as markets monitor transport and storage dynamics.
Associated Press notes grain receipts at Chicago, Minneapolis and Duluth. Wheat totals reach 23 cars with 7 contract grade, corn 151 cars with 48 contract grade, oats 95 cars. Overall wheat receipts for the three cities today 18 cars versus 193 yesterday and 175 a year ago.
Chicago prices for cash grain show No 2 spring red at 95 to 97 cents and 3-4 to 4 cents, No 2 hard at 95 to 97 3-4, No 2 northern around 1.05 to 1.08, No 2 spring 95 to 1.00, No 2 corn 3-4 to 4 cents, No 2 yellow and white oats around 32 to 34 cents, standard and other grades listed.
Quotations show cash wheat and oats largely steady with minor shifts. Corn prices rise slightly with May and July futures advancing while September weakens marginally.
May 4 report shows cash wheat steady with No 2 track red at 93 to 914 gc. No 2 hard 92 to $1. Corn strong with No 2 track and No 2 white at 54 to 56 c. Oats weak with No 2 track 33 to 34 c. Futures close higher for wheat May 93 and July 85 c, corn May 6244 and July 61 e, oats May 32 and July 32 c.
The New York cotton seed market notes May price activity with May closing bids around 6.22 to 6.29 dollars and nearby values near 6.16 to 6.24 dollars. Market chatter mentions prices at 6.65 and 6.98 in scattered lines.
Memphis market brief lists cotton seed oil on a prime basis at 5.20 to 5.27 with mild prices at 23.75 and air 8 T-8 a4 5-8c.
Close prime mercantile paper 31 2 4c. Sterling exchange easy with ad business in bankers' bills at 434.498 sixty day bills and at 486.45 for demand. Commercial bills 483 7 8. Bar silver 53c. Mexican dollars 45c. Government bonds easy railway bonds strong.
Help requested for a job or service with a contact at 406 South Alamo. Call between 9 a.m. and unspecified time for details.
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