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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Oct 05, 1912
Page
7
Weather Bureau notes show unsettled conditions for San Antonio and East Texas with showers in the north tonight or Sunday. Cold air moves in Sunday. precipitation near normal but a past deficit of 5.54 inches since January 1 persists. Maximum winds noted. temperatures and zero to freezing isotherms outlined.
Persistent hog shortages keep packers pushing higher meat and lard prices as demand tightens. Beef and pork scarcity hints at continued strength while coffee and sugar show weakness yet roasted coffee grades rise locally. Lima bean shipments and crop expectations also influence market sentiment.
Chicago market report lists poultry eggs butter and meat prices with assorted produce. Details include large hens 5.60 6.00 per dozen fryers 4.00 2.50 3.00 and turkeys. apples peaches pears and melons priced per box or crate. canned fruits vegetables and sauces with varying sizes and pack numbers. hides dried fruits and nuts priced by type and weight.
Disjointed New York market notes show varied quotes for raw sugar and refined products. Rates for avocado oil and related chemicals appear inconsistent with some steady prices cited.
At Union Stock Yards on Oct 5 dull weekend cattle trading continued with few receipts and steady demand. Cows sold around 4.25, calves near 4.75, hogs around 8.50 per hundredweight, and sheep or goats were scarce but fetched steady prices amid light offerings.
Demonstration on beef buying and cooking by the International Stewards' association in Chicago raised costs and losses. A 40 pound rib cost 10.80 with 7 pounds trimmed and 8 pounds lost in cooking. Sales included 85 orders: 24 cuts at 60 cents, 3 short ribs at 45 cents, 4 hash orders at 60 cents, 4 beef sandwiches at 35 cents. Gross profit 8.35. overhead 8.04 leaving a net cent profit. Immediate shipment offered by Cuero Cotton Oil & Mfg Co Cuero Texas.
Fort Worth cattle buyers reported steady to firm selling while hog prices slipped slightly. The yard handled 600 cattle 200 calves 850 hogs and 160 horses and mules with steers 4.20 to 6.10 cows 2.50 to 4.90 bulls 3.26 to 4.00 calves 3.50 to 6.50 hogs 8.55 to 9.00 top 9.00 sheep 200 direct none on market.
Chicago Livestock shows cattle receipts around 600 with a dull to steady market. Hogs tally about 9000 with prices ranging from 8.65 to 9.25 for light to mixed lots and 8.45 to 8.70 for heavier hogs. Sheep receipts near 1000 with steady demand and lambs and yearlings trading in the 4 to 7 dollar range.
Cattle receipts 1000 with 400 southern cattle market steady natives $5.75 to $10.90, southern steers $4.25 to $6.00, cows and heifers $3.25 to $5.25. Hogs receipts 2000 market steady to 5 cents lower, bulk $8.50 to $8.85, heavies $3.80 to $5.90, lights $8.40 to $8.80, pigs $6.00 to $7.25. Sheep receipts 4000 market steady, muttons $3.00 to $4.00, lambs $5.50 to $6.60, range wethers and yearlings $3.50 to $4.50, ewes $3.00 to $3.75.
In Chicago trading, big wheat receipts pressured prices as December futures opened slightly lower and slipped to 91 1/2 cents. corn and oats showed mixed activity while provisions edged lower. Bearish sentiment persisted despite occasional intraday rallies as exporters bid higher but closing tones remained weak.
Temperatures rainfall and weather state for Houston district stations over the 24 hours ending 8 am. Weather unsettled with some rain in the eastern part. Temperature near normal with rainfall of an inch or more at Tallapoosa. Allen Buell Local Forecaster Weather Bureau.
Cattle receipts 1200 including 500 Texas. market steady. Native beef steers 5.50 10.75, Texas and Oklahoma steers 5.00 7.00, cows and heifers 3.25 6.00, calves 5.00 6.50. Hogs receipts 2500. market 10c higher. Pigs and lights 7.00 9.25, mixed and butchers 9.16 9.80, good heavy 9.10 9.26. Sheep receipts 1200. native muttons 3.50 5.65, lambs 5.50 6.36.
Quotations were mixed as Chicago styled grains moved lower on corn and oats while wheat held firm. Prices shown include wheat at 92 3 4 to 93 1 4 for December and May, corn around 60 1 2 to 60 4 4 for December and May, oats at 32 1 2 to 34 cents, with several futures figures noted.
The cotton markets are steady as of October 6 in New York. Duck for hose and belting remains quoted at 28 cents per pound, wide heavy sheetings rise with jute price pressures, yarns stay firm, and ribbons advance from two to seven percent.
On October 5 in New Orleans rough rice and Honduras, Japan, and clean grades moved on the local market. Receipts totaled 8536 rough and 1714 millers bags with 1237 Honduras rough and 494 Japan rough sold at 2.60 to 4.31 dollars and 2.75 to 4.00 dollars respectively. Clean Honduras sold 3877 bags at 2 1 2 to 4 inches? 4 31. Japan clean at 3 3 4 to 4 1 2 dollars. Quotations show rough Honduras 2.60 to 4.31, Japan 2.75 to 4.10, clean Honduras 2 1 2 to 4 1 4, Japan clean 3 4 to 4 1 4.
Boston reports closing mining prices with Arizona Commercial at 4 percent and Calumet and Arizona at Greene-Cananea 10 percent, North Butte listed among others in early market wrap.
London reports bullion worth 306000 pounds sterling was deposited at the Bank of England and the bank then shipped 150000 pounds sterling to France.
Paris reports three per cent rentes at 85 and a half cents for the account. Exchange on London stands at 25 francs 28 centimes for checks. Private discount rate fixed at three per cent.
New York traders report Bogota hides at 27 28 cents with Central America at 27 percent or 28 cents. Leather firm Hemlock firsts at 26% 270, seconds 25 26 cents, thirds 22% 23 cents. Rejections listed at 15 cents.
Prices in Kansas City show unchanged or slight declines across wheat corn and oats. Wheat prices listed for No. 2 hard No. 3 and No. 2 red range from 87 910 to 1.04 dollars. oats and corn show minimal shifts with December May and July futures noted.
Quotations for cash wheat and corn were listed with multiple grades. Prices covered No 2 red wheat at 1.04 to 1.06, No 2 hard 92 9 38 cents, various northern and spring lines, and oats with No 2 white at 35 to 35 1 2 cents. corn quotes ranged from 46 67 cents for No 2 yellow to No 2 white 66 7 7 cents.
New York markets report December coffee at 14 06 and March at 14 14 with Rio No 7 at 14 percent. In Kansas City, butter and eggs remain unchanged as of October 5.
Wool prices hold steady in St. Louis with medium combing and clothing grades at 23% to 26 cents, light fine at 13 to 18 cents, tub washed at a comparable range.
Galveston reports arrivals including El Monte El Oriente New York and others yesterday and clearance of Northtown Middleham Castle El Cid Noglemore and Liverpool. Sailed ships include City of Tampico Mexican ports Statesman Alma Havana and more.
London market report notes Consols for money at 74 and for account 74 8 16 with bar silver at 29 9 16. Money 21 2 per cent and short bills 3 per cent. Three months bills at 3 15 16 per cent.
In New York on Oct. 5 cotton opened steady with a gain of 3 to 4 points and rose as shorts covered, aided by wary weather for Sunday. Liverpool futures lagged but New Orleans strength supported prices. January moved to about 11.11, roughly 32 points above the recent low. Later trading eased 5 to 6 points from the session high, with bears regaining ground and the close steady but 11 points down.
New Orleans cotton futures opened steady trading near the previous close with small losses as bearish Texas crop reports and a favorable eastern belt crop word easing gains. Early buying from shorts lifted prices 7 to 8 points but selling later pushed trades to near yesterday's levels.
Market report notes cotton futures closed steady to a net decline of 6 to 7 points after mixed session data. Prices show minor moves across months with several values listed for October through July and associated figures, reflecting a cautious trading pattern.
Liverpool October 5. Cotton market shows good demand and firm prices. American middling quotes at 6.944 for good middling 6.724, middling 6.564, low middling 6.264, ordinary 5.264 with 10,000 bales sold including 7,400 American. receipts 2,000 bales of which 1,800 American.
The Liverpool market shows futures opening firm and closing quiet on October 6 with quotes across months including Oct 6.194, Nov 6.1444, Dec-Jan 6.08%, Jan-Feb 6.104, and Apr-May 6.144, across a range of listed futures contracts.
New York and New Orleans show middling prices around 11.25 and 113-16 with 11 percent near 11. Liverpool trades mid at 6.56d. Galveston and Memphis also report middling around 113-16 and 11 percent. This snapshot lists major hubs without narrative.
New Orleans reports steady spot cotton with middling at 11 3 16 cents. Sales 567 bales spot and 950 to arrive. Receipts 3260 and stock 53255.
Houston Tex October spot cotton prices show steady to unchanged levels with grades listed from low ordinary to good middling. Sales 447 spots f o b 8793 shipments 22530 stock 99970, reflecting mixed demand and supply dynamics in the market.
Spot cotton closed quiet with a 1 16 cent rise. Quotations ranged from low ordinary at 69 16c to middling fair at 11 11 1ec. Sales totaled 271 bales, with fob 1800. Receipts were 25 541, and stock stood at 262 202.
New York on October 5 reports cotton spot quiet with middling uplands at 11.25 cents and middling gulf at 11.50 cents. No sales were recorded.
Memphis market report notes spot cotton steady with middling 11 3 4 cents per pound. Buyers and sellers observed stable pricing amid typical daily fluctuations in Memphis, Tennessee.
Market notes from Memphis and New York show cotton seed products priced for October. Prime basis of 5.08 5.07, meal and linters nominal. New York Cotton Oil lists spot and forward quotes from October to May with various lots sold.
Bradstreet reports more favorable trade conditions across the United States and Canada for the week ending October 3. Western and southern markets show optimism with Texas and lower Mississippi Valley leading in positive news. jobbing distribution remains active and demand supports high sales. Iron and steel markets stay seller favored with rising pig iron output and tighter prompt shipment supply. Copper buying steady, and textiles face labor and new laws. Canada reports 26 business failures versus 28 last week and 21 in the prior year.
New York stocks opened strong with gains for Reading and Canadian Pacific. Harri mans, Missouri Pacific and Steel posted solid advances while California Petroleum traded heavily, opening with 4600 shares and moving from 66 to 72. California Petroleum emerged as the top issue, while Lehigh Valley showed notable strength.
At Galveston Texas receipts for the first five days of October reached 173157 bales, up from 102757 last year. For the season beginning September 1 total receipts amount to 790135 bales.
The weekly statement shows clearing house banks and trust companies hold 4,141,800 in reserve above legal requirements. This is a decrease of 5,367,800 from last week. Trust companies' reserve with clearing house members carrying 25 percent reserve stands at 62,074,000.
A lengthy 1912 parcel transfers record lists quit claims and sales among West End Lumber Company and various individuals. It names George Hanson, Adolphus Busch, J. J. Stevens, Eugenia Maginnis, Sam Bell and others, with lots and blocks across new city blocks and Berlin Heights, and sums ranging from $1 to $15,000. The entry includes numerous parcels on Jones avenue, River side Park, Columbia Heights, and Berlin Heights with dates from 1911 to 1912.
Five burial permits list deaths in October. Mattie A. Dodge aged 45 died at city hospital. Francisco M. Luna 29 died Oct 1. Harry Walsh 21 died Oct 3 at 615 Peck Avenue. Jake Wolff 41 died Oct 4 at 617 North Laredo Street. Trofito Vasquez 23 died Oct 4 at 703 South Flores Street.
New York reports irregular receipts with 6615 cases and fresh gathered seconds at 22 percent and 24 cents.
To Mr and Mrs L B Jackson a girl born September 28 at 2329 South Presa street. To Mr and Mrs W G Christian a boy born October 2 at 216 West Magnolia Avenue. To Mr and Mrs Walter Newman a girl born October 3 at 809 Nebraska Street. To Mr and Mrs Tom Boyd a boy born October 2 at 615 Refugio Street. To Mr and Mrs Arthur Howard a box implied birth at 323 Dalton alley.
Texas cotton belt weather report from Dallas shows noon temperatures around 80 degrees with partly cloudy skies. Conditions suggest mild warmth and unsettled cloud cover across the region.
Lead trades quiet at $4.47 per pound with no change. Spelter holds firm at $7.46 per hundredweight in St. Louis.
Prime mercantile paper quotes 5% to 6% with rising exchange steady. Actual bankers bills seen at 4.82 1/4 for 60 day bills and 4.85 1/2 for demand. Commercial bills 4 3/4 to 4 1/4 percent. Bar silver 64 1/2 cents. Mexican dollars 4 1/2 percent. Government bonds and railroad bonds steady.
New York reports quiet trading as copper prices stay largely unchanged. Electrolytic copper quotes run around 17.62 to 17.87 per unit, casting copper 17.26 to 17.37, with lake and other classes showing little movement.
Copper moves easier with spot at 78 pounds and futures at 79. Tin steadies around 230 pounds spot and 228 pounds futures. Lead trades near 21 pounds and 6 pence, Spelter about 27 pounds 12s 6d. Cleveland warrants listed at 66s 3d in London.
New York money market sees easier call money with rates at 5 1 2 percent for 60 and 90 days and six month terms.
Summary shows loans at 599,416,900 with a decrease of 8,135,500. Specie at 64,559,000 down 1,443,700. Gold and silver tenders 8,235,600 down 121. Total deposits 657,334,000 reduced by 6,558,000. Non reporting banks and trusts to the clearing house noted.
Willie Duneen, a Houston newsboy, is appointed by Chief Noble to work among youth newsboys and discourage drinking swearing fighting and idleness while promoting thrift. He will wear a badge but not carry a gun starting Monday.
Texas Pure Food Commissioner J S Abbott announced renewed actions against milk sellers in Gainesville Sherman and Denison for adulterated milk. He noted improvements in slaughter pens statewide and said unsanitary facilities have been condemned with Pure Food law complaints filed where violations occurred.
Austin report states a new charter for gross receipts taxes is in effect. About 2000 Texas corporations will be taxed for the next three months based on the prior three months collections. The tax yield from this source is about $100,000.
The governor announced the appointment of Robert H. Hopkins of Denton as district judge of the Sixteenth Judicial District, filling the vacancy caused by the death of former District Judge Clem B. Potter. The district includes Cooke, Denton and Montague counties.
Houston district attorney Maury states game laws are being willfully violated with hundreds of quail and dove killings ahead of the season. He warns prosecutions will follow.
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