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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Nov 08, 1911
Page
13
The report on cotton ginning shows 7 768 000 bales with little market impact while traders at the International Fair turn hopeful. Wholesale orders flow for foods and commodities as visitors arrive. rain dampens some crops but restockers anticipate renewed vigor and higher prices later in the week.
Prices for butter and dairy products show steady to firm levels. Creamery butter per pound 16 17 cents, fresh country candled storage 2 cents, fancy cream 20 cents, American Swiss 24 cents, Limburger 17 cents. Hens and springs listed with per dozen or per pound rates, turkeys at 1 2 cents per pound.
Quotations today show mixed dairy and poultry pricing with creamery products at 24 percent, firsts firm at 26 to 24 cents, and primes around 22 to 24 cents. Receipts 2910 cases including varied items. turkey prices near 18 cents and chickens at 139 cents per 50 to 60 pound weight range.
Quotations list prices for dairy and packing items in SAS City. Creamery at 29 cents, packing stock 20 cents, extras 1 cent, fat 27 cents, seconds 0. The brief market report reflects the day’s price quotes from the Associated Press.
AP dispatch notes 9928 cases of fresh gathered extras 86 38c, extra firsts 33 36c, 30 32c, seconds 27 2%c. mentions state Irania and nearby henery brown gathered brown and mixed.
The report notes price movements in raw sugar and muscovado with 89 test at 4.75 cents, 96 test at 6.25 cents, and molasses at 9 cents per test. Market appears steady to firm with limited variation.
Fite final prices mixed with yesterday's strength. top bids at 3.50 for cattle, calves at 3.75, hogs around 6. Receipts totaled 865 head including 191 cattle 33 calves 38 horses 63 hogs. Several carloads and through bills directed to San Antonio Bryan Devine and other Texas points.
Cattlemen report the southwest range in fine shape after rain delays. grass, weeds, and pasture are thriving. M. D. Slader of Liano says cattle are fattening, ranches were dry and hot, but a soaking rain revived the range. he expects a favorable future price outlook as stockmen feel independent and hopeful.
Fort Worth TEX November 8 cattle receipts 4600 beef steers steady 4 to 4 75 feeders 10c lower 3 80 to 4 65 cows steady 2 75 to 4 25 bulls 3 to 3 40 calves steady 4 to 5 25 hogs receipts 2000 market steady to lower top 6 40 bulk 6 65 to 6 70 sheep receipts 500 steady
Receipts and quotes for cattle hogs and sheep listed for Chicago on November 8. Cattle receipts about 22,002 with market steady to ten cents lower. hogs receipts around 386,000 with market slow to five cents lower. sheep receipts about 40,000 with market weak. Prices span diverse classes from Texas and western cattle to light mixed hogs and native yearlings.
ST LOUIS November 8 cattle receipts 5000 including 500 Texans with native beef steers from 5.00 to 9.00 and cows and heifers 3.00 to 7.00, Texas and Oklahoma cattle 4.00 to 6.75. hog receipts 18000 steady at yesterday's average with pigs and lights 4.25 to 6.10, butchers and best heavy 6.00 to 6.40. sheep receipts 4000 steady to a shade lower with native muttons 3.00 to 8.75 and lambs 4.50 to 5.90.
Kansas City market report shows cattle receipts and varied pricing across categories. Native and southern steers, cows, heifers, and stockers listed with price ranges. hogs down slightly with bulk sales around 5.70 to 6.25. sheep and lambs steady to slightly lower, with muttons and lambs priced accordingly.
Cattle sales in New York on November 8 show No 7 Rio coffee futures with prices closing near 65. Dec 14.65 and Mar 13.75 indicate market movement. Durable demand noted for Rio and related grades amid unsettled futures trade.
In New York early today inactive stocks posted large gains while leaders drifted downward. United States Steel fell about 1 1 4 points with big block trading, Union Pacific down, and Reading down 1 4. Copper stocks weakened despite a monthly report showing lower copper on hand.
New York opened with a six to seven point advance on Liverpool cables amid bearish census data and liquidation. Buying slowed as December delivery pressure eased and private cables noted south shipments. market drifted toward Monday’s closing levels with limited activity and some support from trade sources.
Memphis November 8 spot cotton remained steady at middling nine and a half cents. The market showed no change in price as buyers and sellers maintained current levels.
New Orleans cotton futures opened steady to mixed with declines of one to four points as the census figure near 9,968,000 bales met expectations. Market dull early with bears active and rainfall in the belt seen as a support risk. By midmorning prices showed slight recoveries then retreated further on a cautious tone and selling spread across months.
Futures opened steady with November at 9.15 bid and December at 9.13. March 9.19 20, May 9.34, July 9.43 reflect the early trading in New Orleans markets.
In Liverpool November 8 market, cotton futures stayed quiet and steady amid fair demand. Prices for various grades ranged from good middling to ordinary, with 8000 bales traded and 2000 for speculators export, including 4300 American bales. receipts total 60,000 bales, including 49,000 American.
The Associated Press notes a Sterling exchange firm with bankers' bills at 4.83.75 for 60 days and 4.86.95 for demand. Commercial bills 4.83, bar silver 55, Mexican dollars 46c. Government bonds firm, railroad bonds irregular. Money on call steady at 2.25 per cent, ruling rate 2 per cent. Time loans 3 per cent for 60 days, 3 per cent for 90 days and six months.
Fragmentary data from a peculated press snippet lists various prices and dates with unclear context. Numbers like 5.50 5.6, 66, 67, 5.73 and totals such as 13 700 appear, but no coherent event or entities emerge.
Boston November 8 wool trading shows a slight drop from the prior week though overall activity remains above average. Fleece wools stay strong with heavy one-quarter and one-half Ohio trading, demand also steady in Michigan Kentucky and Missouri. Territory wools move steadily with Montana and Utah above average. Pulled wool market moderate. quotes include delaine and various blood percentages across Ohio Pennsylvania Texas Indiana and Missouri in scoured and unwashed forms.
Spot cotton remains steady as arrivals total 1300 bales in New Orleans. Early grades show low ordinary around 6 1/8 to 7 16 cents, strict middling near 9 1/16 dollars, and middling around 9 9/16 dollars. Receipts reach 6342 bales with prices per pound about 84 cents.
New York November 8 cotton market closed dull with a five point drop. Middling uplands quoted at 9.35 and do gulf at 9.60 with no sales recorded.
The Associated Press reports Houston market notes on November 8 showing spot cotton steady with middling at 9 3/4 cents. No price change observed from prior session.
Memphis Nov 8 prime basis oil 4.56 57. meal 24.25 60. lint ers 1% 3 oe.
The Associated Press reports a brisk rice market in New Orleans with receipts near 18,035 rough and 12,871 clean. Sales include Honduras rough at 2.40 to 2.76 and Japan rough at 2.60 to 3.60, with clean quotations around 2.40 to 2.76 and 2.26 for Japan.
In Chicago trading, wheat rallied after an initial drop driven by weak cables. December futures opened around 92 to 92 1/2 cents and moved higher amid bullish Argentine dispatches. Corn advanced on slim offerings while oats and hogs showed mixed moves as traders weighed weather, foreign news, and export sale rumors.
The November crop report from the U S Department of Agriculture records lower yields for corn and other staples compared with last year and the ten year average. It lists production and quality figures for corn buckwheat rye flaxseed tobacco wheat and notes changes in yield per acre and average weight per bushel.
The advance in corn prices came as traders priced in expected rain, with December futures closing up 0.63 percent and a modest net gain.
A brief stock market update from Chicago notes the opening, highest, lowest, and closing figures for listed securities as reported by the Associated Press.
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