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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
May 15, 1912
Page
11
Trade reports note a five cent per case increase in condensed milk by large dairies as producers claim current prices do not cover production costs. Full cream butter sells at 22 cents per pound, while sugar remains steady and coffee markets hinge on Brazilian coalitions and a strong Mexican crop.
A long list of commodities with listed prices across country produce butter cheese vegetables fruits and canned goods. It includes poultry prices hens turkeys and eggs, dairy items, fruits like apples lemons oranges and strawberries, nuts, dried fruits, cereals, meats and lard, seeds, rice and hay with regional prices and unit measures.
Observations at 8 a m show fair to generally fair conditions for tonight and Thursday in San Antonio and East Texas. Reported figures include 64 to 75 degrees and unclear precipitation data with notes on air pressure and wind.
May 15 at Union Stock Yards reports moderate receipts and steady prices. Cattle open $3.50 to $4, cows up to $4.50, calves around $4.60, hogs light with best grades near 7.50 per cwt. No sheep or goats offered.
James A Campbellton of Evans-Montegue Commission, veteran livestock man, is in the city from a western state tour. He notes Texas cattle country looks encouraging, with local stockmen benefiting from strong markets. Fort Worth operates as a legitimate cattle market with buyers from Kansas City, Oklahoma, and St. Louis. Texans realize they can fetch similar prices at home, reducing long shipments northward and transit losses.
The Department of Agriculture summary reports no anticipated shortage in the foreign portion of the world wheat supply for the coming harvest year. It notes secured southern hemisphere crops and India’s outlook for winter and spring wheat, along with Europe and Canada, reducing shortage concerns.
By the Associated Press in St Louis on May 15 wool prices held steady with medium combing and clothing at 20 ½ to 21 cents per pound, light fine 15 ½ to 16 cents, heavy fine 12 ½ to 13 cents, tub washed 27 to 30 cents.
New Orleans on May 15 reports Prime refined cotton seed oil in barrels at 7.15 per pound. Choice meal with 8 percent ammonia priced at 29.00 per long ton. Choice cake with 8 percent ammonia listed at 27.50 per long ton.
Boston physician Dr. Putnam urges families to let children go barefoot in warm months. He argues it strengthens feet and promotes natural movement, contrasting with restrictive footwear.
May 15 Fort Worth stock yards crowded with receipts near 20 000 head. Cattle and sheep fill combines. Fort Worth traded 7500 cattle and 10 000 sheep while Chicago mailed 8000 sheep more than Fort Worth. Hog offerings slow but steady with tops to 8.00 and bulk 7.70 to 7.95. Prices eased slightly on common quality sheep as buyers faced crowded conditions.
On May 15 receipts were cattle 3500 with 400 Texans and a strong market up 19 cents. Native beef steers 5.50 to 9.00, cows and heifers 3.50 to 8.50, stockers 3.75 to 7.00. Hogs 4500 with a strong market. pigs and lights 5.25 to 7.85, mixed and butchers 7.60 to 7.95. Sheep 2800 steady. native muttons 4.50 to 6.50, lambs 6.00 to 6.25.
Winter crop improvements turned wheat lower as July contracts opened down and fell to about 1.12 dollars. Corn held steady with slight declines while oats lost demand and lard and pork futures moved unevenly amid market delays and buying activity.
Receipts estimated at 15 000 cattle with market strong to ten cents higher. Reeves and Hoge markets show varied ranges for cattle and hogs, with calves and stockers at mixed levels. Sheep receipts near 20 000 with market weak and prices listed for natives and westerns in several weight classes.
Receipts cattle 8000 including 700 southern. market strong to ten cents higher. Native steers 7.00 to 9.00, southern steers 5.25 to 8.00, southern cows and heifers 4.25. Hogs receipts 11000. market steady. Bulk 7.50 to 7.80, heavy 7.70 to 7.85. Sheep receipts 9000. market ten cents lower. Muttons 4.50 to 7.25, lambs 6.50 to 9.65, Texas goats 3.00 to 3.90.
Chicago May 16 quotations show cash wheat prices for No 2 red 1.16 1.17 and No 2 hard 1.16 1.18, No 1 northern 1.19 1.21, No 2 northern 1.15 1.19, velvet chaff 1.10 1.17, durum 1.00 1.12. corn No 2 81 1/2 to 82, oats No 2 white 56 57, standard 56 45 5Te.
In Boston on May 15 the domestic wool market shows rapid replacement of old stock by new wool with steady prices. Buying remains strong, especially for territory and higher quotes, while western reports note reduced bidding for new stock and some eastern buyers argue growers’ prices are too high. Leading quotations include Delaine and Kentucky wools with prices cited in the 21 to 30 cent range and scoured values up to 46 to 50 cents for Tex fin.
Prime basis oil 6.50 dollars per barrel or unit, meal 28 dollars, linters 24 cents per pound. This May 15 report from Memphis shows current price readings for cottonseed products including oil, meal and linters.
Raw sugar steady with Muscovado 89 test at 3.42c and centrifugal 96 test at 3.82c. Molasses sugar 89 test at 3.17c and refined quiet. Petroleum, molasses, hides and leather steady. Leather firm.
Maj. F. H. Bailey a former Paris mayor and ex president of the National Interstate Cottonseed Crushers Association died suddenly in Paris. He was born in Houcon and had a prominent role in local and national cottonseed industry circles.
New York weather influenced trading as buyers returned yesterday, keeping liquidation mild. Prices opened steady to down, slid 7 to 9 points early, then recovered 3 to 4 points, with midday levels near yesterday’s close amid light showers and quiet activity.
Quotations show cash wheat with No 2 red at 1.23 1.24 and No 2 hard at 1.16 1.19. Corn lists No 2 and No 2 white around 84c. Oats report No 2 at 55c and No 2 white at 57c. Futures: Wheat May 1.17, Sept 1.10, Corn May 82 3 4c, July 78 78c, Sept 75c. Oats May 55c, July 52c.
Mixed wheat and corn prices listed for May 15 with futures notes for July September and December. Prices show slight variations across contract months and grain types amid daily market activity.
Fire swept five acres of cattle pens at the Kansas City stock yards early today. More than 2000 head of cattle were confined, most of which are believed burned. The loss is estimated to exceed 100000 dollars.
Spicer reports that on May 15 in Taylor Texas the Civic Improvement club started a two day cleanup campaign with cooperation from the city government to spruce up public areas and involve residents.
The Associated Press report from New Orleans on May 15 describes cotton futures opening steady with a decline of four to five points. Weather maps showed fair conditions across the belt, prompting selling in short accounts, while buying orders remained active. By noon prices hovered 10 to 11 points below yesterday's close as the market fluctuated.
The market closed steady yet overall declined six to nine points with revealed figures for several contracts. Prices were reported for January through December with mixed movements and late quotes around eleven to twelve cents.
Closing spot cotton in fair demand with prices rising. American middling fair 7.18, good middling 6.80, middling 6.56, low middling 6.25, good ordinary 5.84, ordinary 5.48. Day’s sales 8000 bales with 7300 American. receipts 4000 bales all American.
Futures opened firm and closed easy with quotations across the forward curve. May at 6.29 percent and June July at 6.80 percent, with subsequent spreads from July to April noted. Continuous adjustments through December and into March.
New Orleans May 15 spot cotton quiet and unchanged as gale activity on the spot adds tension. Buyers show firm bids while movement remains limited with 560 bales arriving and total receipts 916 and stocks at 7,287, pricing ranges from good ordinary to stiff middling with multiple grade quotes listed.
New York on May 15 reports spot cotton finished five points down as middling uplands reach 11.80 and dogulf 12.05. Sales total 125 units.
In Galveston on May 15 spot cotton prices held steady with low to good ordinary at 8.13 to 8.58 and middling grades around 12 cents. Sales reached 1 773 bales, with receipts 1 855 and stock at 143 442 bales on hand.
The Associated Press reports spot cotton in Houston closing steady at 116 points down. Sales totaled 972 bales with no f o b shipments. shipments reached 2196 and stock stood at 64,290. Grade breakdown shows low ordinary 7 percent and ordinary. middling ranges from 11 to 12 percent with good middling at 12 percent and middling fair at 12 percent.
Memphis market reports spot cotton steady with slight advance. middling 11 percent, prices noted as steady in midday trading.
In Stamford Connecticut George B. Wilson and De Forrest Moores manager and teller in the Stamford Trust Company savings department were arrested yesterday on charges of embezzling funds near fifty thousand dollars from the trust company.
A Texas saloonkeeper, Lewis Carie of D Hanish Medina county, was exonerated after the comptroller declined to forfeit his liquor license. The charge of selling liquor to minors was not sustained following an investigation into a complaint filed against him.
Quotations show butter steady with creamery and dairy items listed. Eggs steady with receipts of 30 002 cases. Cheese and milk products also steady with varied prices for daisies and twins. Potatoes steady with 54 car receipts. Poultry live steady turkeys twelve cents chicks fourteen and a half cents. Veal steady seven to twelve cents. Wisconsin, Michigan and Minnesota prices noted for dairy products.
Kansas City market quotations show butter at 80 cents for creams, firsts 27, seconds 25, packing stock 20. Eggs list extras 20, firsts 18. New York reports eggs quiet and unchanged.
St Louis on May 16 reports poultry sentiments steady with chickens at 12 to 13 1/2 cents, spring 40 cents, turkeys 14 cents, ducks 11 to 12 cents, geese 5 cents. Butter weak with creameries at 25 to 30 cents, eggs quiet at 17 cents.
On May 15 rough Honduras rice remained firm and Japan nominal with clean grades strong. Quotations recorded: Honduras 3.00 to 4.50, clean Honduras 4% at 6 1/2 cents, Japan 41 4? cents. Receipts and millers both 809 units. Sales included Clean Honduras 250 at 4% and Japan 121 at 3 4 cents.
New York May 18 Coffee futures closed easy with May at 13.37 and July at 13.47. The market showed modest softness across the session as traders awaited signals.
The belt weather is unsettled with temperatures below normal. Rainfall reaches an inch or more at Brownsville and Corpus Christi. Official in charge Allen Buell of the Weather Bureau notes the 24 hour period ending 8 am at 75th meridian time.
New York May 15 stocks opened with some gains but soon turned lower as heavy selling pressed most issues. Lehigh Valley and Canadian Pacific led declines and readings from yesterday’s close fell back. midmorning weakness broadened with professionals liquidating and prices sinking. By midday readings showed further losses, though some rebounds in Canadian Pacific and coal-related names emerged in the afternoon.
From New York on May 15 the Associated Press notes prime mens cantile paper at 4 1/4 percent. Sterling exchange range 4.94.25 for day bills and 4.86.80 for demand. Commercial bills 4.83 percent. Mexican dollars 48 cents. Silver at 60 1/2 percent. Government bonds easy RR bonds irregular.
New York on May 14 reports money rates steady with a ruling rate at 2% and closing at 2%. Time loans show 60 and 90 day terms at 3% while six month loans sit at 3%.
Lead held steady near 6. Cher ily? ers the AP reports slight firming in spelter around 6.67 percent as market chatter continues.
Lead is easy at 16 pounds 3 pence a ton spot. Spelter steady at 25 pounds per ton. Tin soft at spot 11 pounds 10 pence. Futures quoted 207 pounds per ton.
Nashville Tenn May 15 The championship matches of the Woman s Southern association are being played here. Day 16 players will make the flight after qualifying. Mrs E W Daley of Ville had the lowest score with 99, Alex A Sterling of Atlanta was second with 99, and Jeanette Acklen was third with 107. Ville won the team cup amid drizzling rain yesterday.
Brett D. Mitchell aged 65 and president of the New York Celines died suddenly at the Springs sanitarium in Watkins Glen. The Associated Press report states he passed away on May 15.
Delegates were appointed to represent Texas at the Conference of Charities Corrections meeting in Cleveland June 12 to 19. From Antonio, Mrs Sadie Haley and Mray Eli Hertzberg named as representatives.
AUSTIN May 15 Special to The le is reported that at the guest of County Judge Jesse By of Smith County the case and conviction of a man who attacked a white on Monday prompted a reward offer for the capture of the alleged assailant.
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