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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Nov 16, 1911
Page
11
Grain and hide markets show renewed activity with hides firm and prices edging up while the row crops see cautious gains. Local cabbage and celery supplies influence prices as California yields remain heavy but prices trend up on scarce navy beans and sugar concerns lens.
Fresh country candl 28c per unit and cold storage at 22 23c per dozen. Hens 6.00 per dozen, springs 2.00 to 3.00, turkeys 11 to 12c per pound, ducks 6.00 per unit, potatoes 2.25 per cwt. Creamery butter 23c pound, fancy cream 12 to 20c, American Swiss 24c, Limburger 20c, Bad taste 17 c.
Quotations show butter steady at 24 32 cents, creameries 22 28 cents, eggs 18 21 cents for firsts and ordinary firsts 26 28 cents. Wis to Michigan Minnesota butter and eggs steady with receipts around 40. Turkey markets weaker 10 to 60 pounds at 7 cents.
A brief market report lists chicken prices at 74 to 40 cents, springs turkeys at 13.4 to 14 cents, ducks at 11 to 12 cents, geese at 11 to 12 cents, creamery butter at 25 to 32 cents, and milk at 28 to 30 cents per unit.
A brief AP dateline from SAS CITY on Nov 16 lists dairy prices for creamery goods with quotas for firsts seconds and packing stock. Firsts range around 28 to 30 cents, seconds near 20 to 30 cents, and extras at 30 cents, reflecting market movements.
In York on November 15 and 16 receipts show raw sugar Muscovado at 4.62 to 5.12 cents per pound, 89 to 96 test, with 4.37 cents for molasses sugar. Refined sugar remains steady while molasses is firm, with a dull but stable market tone.
In New York on November 16 raw sugar grades including Muscovado 89 test at 4.629 cents per pound and 96 test at 5.12 cents, sugar 4.87 cents, refined goods quiet. Molasses and hides remain steady with pricing firmness observed in the market.
The cotton market at York on November 16 showed quiet trading with a steadier tone in heavy futures. Jobbers are cutting back volumes to smaller lots as retailers face cooler weather and cautious buying.
At Union Stock Yards on November 16 the cattle market opened on a dull, featureless note with receipts of 171 head including 27 cattle and 16 calves. Cows topped at 3.25 with most around 3.00, calves around 3.65, hogs near 6.00, while buyers remained pessimistic yet held stock for higher week ahead amid light holdings. The forecast calls for warmer days but continued cold spells may boost meat demand.
W A Franks of Christine Texas visits the stock yards in Fort Worth and speaks of rain and range conditions. W W Jones of Corpus Christi notes heavy interest in feeder cattle and a looming demand for cotton seed meat and bulls. A three year old steer deal at 4.75 is mentioned as an example of market activity.
Nay Parks livestock agent for the 4 H and S railroad came back from Alpine with little to report on the livestock line. He noted it was very cold up in Alpine but otherwise none the worse for the trip. He hinted he did not kill anything, the first local hunter to return without deer this season.
The prOmsR stockmen are in the city today on business and are registered at local hotels J. M. Fuller of Pearsall W. A. Franks of Christine J. B. Ratliff of Brackettville Tex and J. W. Resner of West Tex J Bishop and JM Wells stockmen of Marfa are registered at the Bexar J S Lewis and A B Lewis stock men of Gonzales among the recent arrivals at the Bexar W C Atkinson a ranchman of Pearsall is stopping at the Bexar W E Tom a stockman of Campbe lton is registered at the Bexar H H Webb a stockman of Victoria is at the Bexar W J Staton a stockman of Beeville is among the arrivals at the Maverick W C Dillard traveling freight agent of the Louisville and Nashville railroad Houston was in the city yesterday on business.
Fort Worth stockyard prices show hogs advancing with receipts around 1000 head and top bids at 6.70 while bulk trades near 6.20. Cattle receipts total 2400 with steers steady and cows strong, calves steady, and bulls firm. Sheep receipts 650 with steady market.
Receipts estimated at 10 000 cattle with dull trading 15 25c lower. Hogs receipts about 29 000 with market steady to a shade higher, ranges 5.90 to 6.65 for various classes. Sheep receipts around 28 000 with prices steady to 10 cents lower, native and western flocks listed with several midrange values.
Cattle receipts 400 with native and southern categories showing steady market. Native steers 5.00 to 9.00, southern cows and heifers 2.75 to 4.50, stockers 3.75 to 5.75, bulls 3.50 to 6.00, calves 4.00 to 7.25. Hog receipts 2000 with market steady to strong. bulk 6.10 to 6.45, heavy hogs 6.50, pigs 4.25 to 5.00. Sheep receipts 4000 and steady. muttons 3.00 to 4.00, lambs 4.00 to 6.00, range wethers 3.25 to 4.75.
Cattle receipts 2600 including 600 Texans with steady market. Native beef steers 3.00 to 9.00, cows and heifers 3 to 4.75, Oklahoma and Texas stockers 4 to 6.75, calves 4.50 to 6.50. Hogs receipts 14,000 sold a shade higher. pigs and lights 4.50 to 6.30, packers 6.25 to 6.55, butchers 6.15 to 6.50. Sheep receipts 3000 steady. native muttons 3.25 to 3.75, lambs 4.00 to 5.95.
Today's auction list shows cattle sales from multiple towns. Prices per hundredweight range around 3.15 to 6.50 with steers and feeders highlighted in Gainesville Graham Bowie Decatur and Duncan Oklahoma listings. Notable lots include 36 steers at Harrison & Boyd Gainesville and 93 head at Thomas & Saunders Bowie.
Cash wheat and corn futures show mixed moves with oats firm. Prices for No 2 track and white varieties stabilize, December options edging higher. George C Whitney of Queen and Crescent, Dallas, visits St Louis on business.
Grain markets climbed as rain damped Argentine crops and weather forecasts suggested more rain. May wheat opened higher and closed about 1 cent, corn rose with wheat, pork and ribs prices edged higher, while late US winter wheat weather supported strength. December corn closed about 65.5 cents.
Quotations today show cash grain prices with wheat at No 2 red 96 9b No 2 hard 98 1 03 No 1 northern 1 08 10 No 2 northern 1 06 1 09 No 2 spring 98c 1 02 velvet chaff 90c 1 02 a 90c 1 05 Corn lists No 2 74 3 be No 2 white No 2 yellow 7 ec Oats include No 2 47%e s white 49% 50c standard 48% 49 Ke.
Receipts today across Chicago Minneapolis and Duluth totaled 413 cars. Wheat shipments included 23 cars with 3 contract grade, 135 cars with 2 contract grade, and 101 cars of general grade. This compares with 819 cars last week and 829 cars on the same day a year ago.
Kansas City market quotations list cash wheat and corn prices with grades and futures. No. 2 hard wheat at 98 to 1.05 dollars, No. 2 red 98 to 99 cents, No. 2 white 97 to 99 cents. Corn futures Dec 64 and May 64 1/2 cents.
New York opens 4 to 7 points higher on rumors of China influence and revised New York exchange rules. Trade shows limited criticism, premiums on high grades rise, low grades punished, near month support steadies. December eases, later months off 1 to 3 points as selling resumes and spot market stays quiet around 9.60 middling uplands.
Cotton futures opened steady with January at 9.04 and December 9.26, moving to a steady close. Prices across months ranged from about 8. to 9.39, reflecting a narrow trading band as market activity remained quiet.
New Orleans November cotton futures opened steady with a slight decline of 1 to 5 points as mixed New York revision opinions and favorable weather influenced buyers and bears. Reports of growing spot offerings and a 11.5 million bale ginning estimate lent a steady tone, while anticipated 12 million bales kept shorts anxious. By noon, trading months recovered the early loss and moved about one point above yesterday's close.
New Orleans November futures start steady with November at 9.20 22 cents, December 9.16, January 9.17, March 9.22 28, May 9.34 85, and July 9.45 47. The report notes morning prices for key months.
Close spot cotton in Liverpool on November 16 easing four points with American middling fair at 5.75 pence and sales totaling 6000 bales of which 500 for speculation and export. Receipts reach 16,000 bales, including 16,200 American. Futures show a quiet, steady session with varied nearby spreads.
Spot cotton ends steady in New York with middling up lands at 9.50 and gulf at 9.75. Sales reach 601 bales.
Memphis markets report spot cotton unchanged at middling 9 1 2 cents as buyers show steady demand and local traders wait for futures cues.
Houston spot cotton eased one sixteenth of a cent to steady at middling grade nine hundred ninety six and a half cents per pound as of November 16.
Memphis Tennessee November 16 prime basis oil 4.66 47 meal 24.75 25.00 lint ers 34ac.
Washington November 16. Transcontinental railroads and citrus growers defended their case before the Interstate Commerce Commission. The commission capped lemon rates from Pacific coast points to eastern destinations at 1 per hundredweight while orange rates at 115 per hundredweight were deemed reasonable. The court suspended the lemon rate ruling and ordered a rehearing to consider 1.15 per hundredweight. The lemon industry in California is nascent with about 6500 carloads to the east annually versus 39 000 carloads of oranges. rates were set to spur growth.
The New York cotton exchange revision committee met to raise premiums on higher grades and penalties on lower grades. Key changes include Fair up to 1.75, Middling fair 1.38, Good middling 0.66, Low middling 0.40 off, and area ordinary 2.15 off with various adjustments for tinged and other grades.
The fourteenth annual report of Union Pacific Railroad for the year ended June 30 shows total operating revenues of 88,983,107, down 1,244,984 from the prior year. Other income fell to 18,396,571, down 1,116,480, with net earnings on common stock at 16.61 percent versus 19.17 percent the year before. Operating expenses rose by 2,759,501.
Hales reports yesterday stock 1 019 485. prior week 1 038 039. year ago 828 869. This season shows an excess of 190 616 units.
A fragmented market report shows varied shipping rates with Liverpool and New York listed as quiet, while New Orleans and Houston hold steady and Galveston shows steady values. Figures include 6,000 units for New York and 725 for New Orleans with several price points around 9.50 to 9% and 16 and 252 units for Houston and Galveston respectively.
New Orleans on November 16 reports spot cotton steady with 725 bales sold and 260 bales arrived. Prices range from low ordinary at 6 1/2 to strict good middling near 9 13/16, with receipts listed at 185 and stock at 144,631.
Chemistry shaped Sweden’s industrial history with twenty known elements discovered by Swedes. This emphasis highlights Sweden’s pivotal role in early chemical science and industrial development through notable Swedish discoveries.
New York market reports steady cotton seed oil prices with spot at 5.90 to 6.00 and futures for November through April showing mixed bids. Notable quotes include November 5/88 at 5.90, December 5.66 to 5.68, January 5.68, March 5.71 down to 5.12, and April around 5.71. Total sales listed 3400.
The Saratoga Restaurant offers oysters on the half shell as a fresh feature. Diners can enjoy chilled bivalves with lemon and cocktail sauce in a coastal dining setting.
New York stocks opened higher led by Union Pacific after its favorable annual report. Heavy demand pushed United States Steel and Reading higher while Lehigh Valley slipped early then rebounded. Afternoon trading showed general gains with Union Pacific reaching new highs before a slight retreat as profits were taken.
Money on call steady at 4 2% ruling rate, closing bid 2% offered 2%. Time loans steady with two and ninety days 3 4 4, six months 5 8. Close prime mercantile at 9 5 5 per cent. Bills 483 80 for 60 days and 487.00 for demand. Commercial bills 4 33%. Bar silver 56%. Mexican dollars 46%. Government bonds easier, railroad bonds steady.
London market update notes lead quiet and spot prices for tin and spelter with firm futures. Lead 15 pounds sterling lis. spelter spot 26 pounds 15s. tin spot 197 pounds 10s. futures 183 pounds 10s.
In St Louis on November 16, buyers reported lead advancing to 4.25 27 percent and spelter climbing to 6.50, signaling an uptick in metal prices amid trading activity.
Rough rice stayed quiet and barely steady with receipts of 6772 rough and 3996 clean, milled 2083. Sales included 1182 Honduras rough at 2.75 to 3.56, 853 Japan rough at 2.50 to 3.45, and 2765 Japan clean at 2% to 3% ec. Quotations listed rough Honduras 3.66 and Japan 2.50 to 3.80, with clean Honduras and Japan prices noted.
By the Associated Press New York reports futures for coffee closed steady on November 16. The March contract sits around 13.59 after a 14.39 percent move earlier. Rio market activity noted.
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