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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Oct 14, 1911
Page
7
Wheat slips to around 98 3/4 cents, December, after an early loss, while corn eases from prior levels and oats rise slightly. Pork futures show firming prices with January pork at 15.30, ribs at 7.96, and lard near 8.50 as light offerings support propped bids.
Receipts reported by the Associated Press show 65 cars of wheat including 22 contract grade, 286 cars of corn with 54 contract grade, and 211 cars of oats. Total wheat receipts across Chicago Minneapolis and Duluth reached 679 cars, down from 876 last week and up from 584 on the same day last year.
Quotations for Wheat including No 2 red 98 to 99 cents, No 2 hard 1.03 to 1.06, No 1 northern 1.12 to 1.14, No 2 northern 1.10 to 1.12, No 2 spring 1.04 to 1.10, velvet chaff 90 1.10, durum 95 1.06. Corn No 2 71 to 72 cents, No 2 white and No 2 yellow 72 cents. Oats No 2 46 to 47 cents, No 2 white 47 to 48.44 cents, standard 47 to 48 cents.
Kansas City market report shows cash wheat steady with No 2 track at 1.00 to 1.01 and No 2 hard at 1.03 to 1.12 while corn climbs to 73 to 74 cents for No 2 track and 71 to 72 cents for No 2 white. Oats ease, with No 2 track around 47 to 48 cents.
The text notes astronomers belief that solar heat stems from the sun's contraction about 220 feet per year. It compares the sun's diameter to its heat potential while detailing the Moon's mountains at over 42,000 feet, higher than Earth's Everest at 29,000 feet, highlighting lunar topography.
The observer recalls a sky filled with falling stars spanning every three feet of apparent space. Each meteor left a bright arc that lingered for seven to eight seconds, creating a dazzling celestial display.
UAW feature cattle stockyards report a quiet weekend with one calf and two hogs on consignment. A carload of beef cattle moved from Smiley to Algiers, La., and three horse cars rested en route north. Cows led activity, calf prices weak, hogs steady to up a dime, with top hog sales around 6.35 and overall ranges noted amid quiet trade.
L De Wind and two sons from Brussels stay at the Menger with other guests including W M Foster of Early-Foster Packing Waco and O B Little of Studebaker Detroit. Mexico City residents Delefond Rodriguez and Emile Niclaus register at the Menger, with Niclaus departing for New Orleans. Others named stop at the Bexar Maverick and city guests include J D Seeligson from Goliad, Miss Finney of Floresville, R W Sparks of Skidmore, J M Daniel of Laredo, J E Wells en route to Little Rock for an industry convention, and travel agents Cc H Mann Katy Chicago and J Lyons Katy Chicago.
Fort Worth hog market closed the week with a dime gain across all grades. About 1250 head traded in porker alleys, prices from 6.10 to 6.70 dollars. Cattle receipts 2300 head were mostly ordinary with satisfactory trade. sheep steady with wethers best at around 4.00 dollars.
Chicago reports cattle receipts around 300 with steady tone and price ranges from 2.00 to 9.60 for calves. Hogs receipts near 10,000 with steady to slightly higher prices from 5.95 to 6.75, plus a bulk at 6.00 to 6.75. Sheep receipts about 2,000 with steady values from 2.25 to 6.10 across native and western categories.
Markets show middling activity with uneven demand across key hubs. New Orleans and Houston list modest gains while Galveston remains quiet. New York and other centers display varied tone amid routine trading patterns.
Spot cotton eased by 1 16 with 208 bales traded on the spot and 600 bales arriving. Quotations ranged from low ordinary 5 15 16 to strict middling 9 13 16 with various grades listed including good ordinary and middling at quoted levels.
Spot cotton in New York on October 14 finished quietly with a 19 point drop. Mid uplands priced at 9.40 and middling gulf at 9.65 with no sales recorded.
Houston report notes spot cotton prices slipping with middling grade at 9 9/16 cents per pound and overall declines across the market on October 14.
Active buying lifts prices across sectors as Canadian Pacific, Wabash preferred, Anaconda and other leaders gain. Trading shows a brighter tone with general demand and speculative issues advancing 1 to 2 points over yesterday. Market closes strong with bulls bidding prices.
In St. Louis on October 14 lead held steady at 4.12 percent and spelter remained quiet at 6.10.
The article notes Uranus moons revolve at right angles to the planet, suggesting past upheavals in its history. It contrasts steady government bonds with irregular railroad bonds and lists mercantile paper rates and foreign exchange as of October 14 in New York. It also mentions Mrs. Ralph Johnstone seeking flight training on Long Island after her husband’s death in Denver and notes scarce female aviators in the country.
New York cotton futures opened steady with a decline of 5 to 9 points and sold off to a net loss of 9 to 11 points by midmorning as the south remained a heavy seller. By close the market settled lower with prices 14 to 21 points down.
The clumsy OCR note lists monthly days and price terms with scattered figures. It reports futures closing steady with opening, high and low values, plus several dated entries and ambiguous codes across months from January to December.
New Orleans cotton opened steady amid an 8 to 10 point decline as disappointing cables and favorable weather weighed. Short covering occurred but fresh selling grew on interior crop reports and weak spot demand. By midmorning prices were 13 to 14 points below yesterday, later sliding to new season lows before finishing steady with a 7 to 21 point net decline.
New Orleans October 14 futures show steady opening with several active contracts. October at 9.20 bid, November at 9.16 17, December 9.15 17, January 9.19, March 9.29 30, May 9.40, July 9.48 50. Initial quotes reflect a cautious start across the curve as traders gauge market sentiment.
Spot cotton quiet with 7 point drop as American middling fair fetches 6.66 in Liverpool. Trade day totals 6000 bales with 4900 American, receipts 4000 including 3400 American. Futures open quiet then ease with prices listed from October through October next year.
New York market report shows October and November Cottonseed oil futures with closing values and intraday ranges. Prices quoted include Oct contracts near 5.66 to 5.72, Nov near 5.88 to 5.42, and spot around 0.39 to 5.42.
On October 14 the New Orleans rice exchange showed strong demand for clean rice with steady rough grades. Quotations covered rough Honduras and Japan, clean Honduras, with receipts totaling 9,425 rough, 25,626 millers, and 2,193 clean. Sales lists show various lots at present bid ranges and prices.
In St. Louis on October 14 wool markets remained dull with medium grades for combing and clothing at 17 to 20 cents a pound. Night fine offered 19 cents, heavy 15 to 19 cents, tub washed 21 to 26 cents.
Spot cotton in Galveston at quiet trading with a small decline in middling. Quotations show a percentage down with middling around ten to eleven cents. Sales recorded 192 bales for the day, with 0 brought in front and 800 behind.
Memphians report spot cotton mostly steady with Middling at 9 13-16 cents as the day closes. A noted scientist is cited on the limits of determining celestial chemistry before spectroscope advances. A film photographer claims sixty eight interior Salt Lake Temple photos and seeks a large ransom to halt display nationwide.
Hides steady and leather firm with petroleum steady. Wool quiet. Molasses and rice steady. Raw sugar firm with Muscovado 89 test at 5.45 cents and centrifugal 96 test at 5.95 cents. Molasses sugar 89 test at 5.20 cents and refined steady.
New York trading shows coffee futures finishing 2 to 3 points below best levels but up 78 to 102 points on the day. Total sales reached 392,050 bags as Rio No. 7 and Santos No. 4 offered at firm prices with mild and Cordova nominal quotes noted.
In New Orleans on October 14 the Olympic steamship’s rear frame, cast in the foundry, weighed 190 tons. Rail facilities could not haul it, requiring altered railway stations to pass the behemoth along to the coast. Also listed are cottonseed oil prices and meal and cake ammonia values per long ton.
R G Dun's weekly trade review reports overall activity at a higher level than last year with gradual expansion. Dry goods and cotton show brisk movement. woolens, clothing, shoes and leather demand rise. iron and steel show strong orders. railroad rolling stock demand improves and September railroad earnings rise 2.9 percent from a year earlier.
Temperature and rainfall data collected from the Houston district stations for the 24 hours ending at 8 am. The document notes that the minimum temperature refers to the last 12 hours and is not used in computing district averages.
Local forecaster Allen Buell reports rainfall of more than an inch in Che stee and Robeline Louisiana and Palestine Texas. Weather Bureau notes conditions across the area with ongoing precipitation.
Readable figures show last year cotton tonnage by port in Gulf region with Galveston leading at 19 401 bales followed by New Orleans 6 351 Mobile 3 499 and Norfolk 2 914 bales as compiled for Galveston Texas.
The report lists weekly exports to several regions. Great Britain shows 99 027 and 125 units, France 22 024 and 2 791, Continent 120 311 and 60 968, and Mexico and Japan 2 218 and 3 850.
New York on October 14 reports money on call as nominal while time loans show firmness. Six months yield 34 4 percent, with 60 day and 90 day terms at 34 and 3 percent respectively.
A dramatic one cent per pound jump in New York coffee prices lifts December contracts toward 16 cents. Trading volume hits near record highs with about 400000 bags moved. Local roasters plan further price increases as supplies run low amid firm sugar and broader wholesale gains. Rain boosts optimism in San Antonio trade regions and farmers, cattlemen see improved outlooks, aiding cash purchases. The sugar market shows firmness with transport value shifts noted in Philadelphia from the Java cargo Kwarra.
Wisconsin cheese manufacturers announce a price raise next week, claiming local cheese is cheaper than eastern Canadian or European varieties and below season highs of four years. They warn the trend cannot continue as other products stay elevated.
Reports from Hawaii indicate a short age of canned pineapples relative to requirements. Production surpasses last year but lagging demand may force doubling facilities to meet next year’s needs. A trade paper notes Michigan peach crops, though largely used locally, won’t affect wider markets. Pie peaches are scarce and nearly off the market. Sam era restaurants report missing supplies.
Butter steady with creamery 30c per pound and country 18 to 20c. Eggs steady with fresh and country candied 18 to 19c and storage 22c. Cheese firm including Fancy cream 12 1/2c, brick 20c, American Swiss 24c, imported Swiss 31c, Limburger 20c, Badger State 17 1/2c. Poultry rates show large hens $6 per dozen, medium hens $4.50 to $5, large springs $3.50, medium springs $2.50 to $3, small springs $2.40 to $2.75, guineas $3.25 to $3.50, ducks $6 to $7 per dozen, squabs $1.10 to $1.25, turkey 14 1/2c per pound.
Butter steady with creamery quotes 23 29c and dairy 21 26c. Eggs steady receipts 4880 cases at mark 17c, firsts 20c, prime firsts 21c. Cheese steady with Daisies 14c, Twing 13 14c, Young Americas 14 14c, Long Horns 14c. Potatoes weak with choice to fancy 53 58c, fair to good 58 60c. Poultry live weak turkeys 15c, chickens 10c, springs 11c. Veal steady 50 60 lb 80c, 60 85 lb 10c, 85 110 lb 11c.
Quotations today show poultry firm with chickens at 10 cents, springs tie, turkeys 14 to 15 cents, ducks 11 to 14 cents, geese 10 cents. Butter steady with creamery at 22 to 20 cents, eggs firm at 19 3/4 cents.
The Associated Press reports New York October markets for cotton goods remain firm while grey goods ease. Jobbers show growing interest in heavy brown and colored domestics as yarns and local wool markets appear easier.
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