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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Oct 15, 1912
Page
13
Observations at 8 a m indicate unsettled conditions with rain possible tonight or Wednesday. East Texas also faces unsettled weather with rain. precipitation yesterday was none and total since January 1 stands at 16.93 inches with a 5.80 inch deficiency.
Lemons hover at six dollars a box as experts predict further declines amid cooler weather and ample California supply. Limes hold firm around eighty five cents per basket while cotton gins wind down as Southwest Texas harvest nears completion and the Texas crop outlook dims from sky high to likely below last year.
Readable price list covers poultry eggs dairy and fresh vegetables including tomatoes potatoes cabbage lettuce celery cucumbers okra garlic and cauliflower. Also lists fruits such as apples grapes pears and oranges with per box or per crate prices, plus canned goods, flour, dried fruits, and meats with multiple cataloged prices.
Union Stockyards notes steady prices across cattle hogs and calves despite sizable offerings. Cows sold briskly up to 4.25 dollars with most in 3.6 to 4.0 range. calves 4 to 4.50 with top at 5. hogs strongest near 8.00 to 8.25 with many sold by noon as buyers remained active in a busy market.
Nat Parks live stock agent warns of an imminent stock car shortage in Southwest Texas due to shipments of produce like potatoes and watermelons north and east during the spring. He expects most stock cars to be exhausted by month’s end, followed by congestion on sidetracks.
Galveston Texas reports arrivals including steamers Dinnamore Norfolk El Sol of American registry New York Nitonian Liver pool Balmes Havana and more Cleared vessels Iowa Liverpool Hulmere Barra Liv erpool Relay and other ships including a cable ship with noted destinations Antwerp Liverpool and others.
New York reports a surge in steel production as deliveries pressure rises and favorable weather aids plant operations. United States Steel Corp aims for 1,525,000 tons this month with others targeting about 1,150,000 tons, despite labor recruitment hurdles and Balkan war disruptions.
Fort Worth Texas reports cattle receipts of 3400 with beef steers steady at 5.00 to 6.25 and cows firm to strong from 3.25 to 4. Culver Revelpite 1300 steady to 25 cents lower at 4.25 to 6.2. Hope was 1000 with higher pests and a top of 9.15, bulk 8.75 to 9. Sheep receipts 1200 up 25 cents.
Cattle receipts 6500 weak with Beeves 5.60 to 10.90 Texas and western steers 4.50 to 8.90. stockers and feeders 4.25 to 7.30. cows and heifers 2.90 to 8.. calves 7.50 to 10.60. Hog receipts 16000 steadier to higher with light 8.70 to 9.35. mixed 8.70 to 9.87. heavy 8.65 to 9.35. pigs 6.00 to 8.00. bulk sales 9.00 to 9. full text shows market strength for pigs and lambs and mixed prices across categories.
Cattle receipts totalled 6800 Texans with native beef steers mostly $5.50 to $10.80. Hogs receipts around 10,000 with pigs and lights $6.75 to $9.20 and mixed lots $8.75 to $9.20. Sheep receipts about 4000 with native muttons $3.75 to $4.10 and lambs $5.50 to $7.00.
Cattle receipts 19000 with steady trends for native and southern steers and cows. Hogs receipts 11000 with bulk sales 8.70 to 9.00 and higher for heavy lots. Sheep receipts 15000 firm to higher with muttons 3.50 to 4.50 and lambs 5.75 to 7.00.
Chicago markets report butter steady with creamery prices at 24 14 to 29 cents and daisies 22 1 2 to 27 cents. Eggs hold steady with ordinary firsts 21 cents and firsts 20 cents. Cheese holds at 17 1 2 to 17 3 4 cents. potatoes and poultry firm with turkeys around 10 to 14 cents per pound. Kansas City notes butter and eggs unchanged.
Boston markets report closing figures with Arizona Commercial at 80 percent, Calumet and Arizona at 80, Greene Cananea at 62, Northe Butte at 8, and overall activity for October 15.
New York markets show eggs steady with a receipt of 13 765 cases and raw sugar steady with Muscovado 9 test at 3 61 and centrifugal 96 test at 4 11. Petroleum and molasses also steady while hides and leather hold firm in the latest early market notes.
Wool prices steady in St Louis with medium combing and clothing grades at 23.14 24 cents per pound, light fine 19 21, heavy fine 17 18, tub washed 27 35, reflecting a stable market across grades today.
Paris on October 15 quoted three per cent rentes at 88f 95s for the account. Exchange on London stood at 25s 2d for checks. Private discount rate set at eight per cent.
In St Louis on October 15 poultry prices held steady with chicks at 10 cents, springs 12 cents, turkeys 16 cents, ducks 10 cents, geese 6 cents. Butter remained at 30 cents per pound for greasery use and eggs at 22 cents.
London reports 16,000 pounds sterling in bullion taken into the Bank of England on balance yesterday.
New York coffee market reports No. 7 Rio at 15 percent, with futures steady. December futures quoted at 14.10 and March at 14.20 as market action remains stable.
New Orleans reports the local weather bureau issued a northeast storm warning for the Texas coast this morning. The advisory cautions shipping and coastal communities to prepare for approaching gales and rough seas.
Chicago wheat weakens on reduced Balkan fears with December futures around 93 94 cents. Corn December opens near 58 59 cents and slips, oats drop as selling wanes. Provisions show bearish pressure with January pork about 19.60, lard 11.12, ribs 16.37.
Chicago cash grain quotations show wheat prices around 1.08 to 1.19 for No 1 and No 2, with northern and velvet chaff variations. Corn and oats values are listed for No 2 and white or yellow grades, reflecting mixed futures alongside rye and durum ranges.
Quotations listed for cash wheat and corn with grades No 2 hard No 2 red and No 2 mixed plus nearby and contract months for wheat corn and oats. December and May futures noted with corresponding prices and percent values.
Quotations were recorded for various grains with cash prices for wheat corn and oats. Prices listed include No 2 red wheat at 1.11 1.11 percent, No 2 hard at 95 96 cents, No 2 white corn at 66 2 cents, oats No 2 at 83 cents, No 2 white at 35 cents. Futures shown for wheat December 55 cents, May 56 cents. corn December 50 4 cents, May 51 cents. oats December 32 cents, May 34 cents.
News from New York and New Orleans shows cotton futures tumbling to season lows after reports exporters pulled from the spot market. Prices moved from morning advances to declines, with New York quotes near 10.3 to 10.6 cents for nearby months.
New Orleans cotton futures opened steady to unchanged with losses of 3 points from yesterday's close as poor weather maps and a Texas coast storm warning influenced sentiment. Early trade showed 6 point declines, later firming on unsettled western belt weather forecasts and moisture-damaged eastern belt regions. By midmorning prices drifted to unchanged or up 1 point, while European political cables weighed on sentiment. Liverpool noted Turkey canceling orders at Manchester mills leading to an easy undertone by noon.
In New Orleans on October 15 cotton futures opened steady with contracts for October at 10.85 and May at 11.04. Liverpool spot markets saw steady prices across grades with 12,000 bales sold and most for speculation and export, including 11,300 American. receipts totaled 41,000 with 35,400 American.
In Liverpool on October 15 futures moved with a steady open and an easy close. Quotes show October at 6.88d, November-December at 6.804, January-February at 6.824, and March-April around 6.864 with several other near term pairs listed.
Cotton seed products in Memphis on Oct 15 show Prime basis oil at 6.08 with meal and linters listed as nominal.
Memphis reports spot cotton steady to lower with middling at 11.75 cents. In New York, spot quotess closed quiet with middling uplands at 10.75 and middling gulf at 11.00 cents, no sales recorded.
New Orleans spots report spot cotton remains quiet and steady after a 1 16 point decline. Middling price stands at 104.
In Bay Ridge New York the Bay Ridge Presbyterian Church will air sermons by telephone. Congregants receive the sermon via receivers in pews while the pastor speaks from a pulpit fitted with a small transmitter. The setup allows distant worshippers to hear every word.
New Orleans market notes quiet and firm for clean rice with receipts of 3,622 rough mills and 482 sales incl Honduras and Japan. Rough prices listed for Honduras 2.50 to 3.21, Japan 2.50 to 3.60, clean Honduras 2.25 to 4.00, Japan 3.00 to 3.60.
Indications point to an immediate rise in the British bank rate to 5 per cent. The Bank of England discounted bills at 4 1 2 and later at 5 per cent as open market rates climbed to about 4 3 16, with the Turkish invasion of Servia cited as the main cause.
In fifteen years the cost at living has advanced 25 per cent.
New York October 15 The cotton goods markets opened barely steady with yarns quiet. Dress goods show steady demand and jobbers report full business and strong mail orders.
Prices advanced vigorously on the New York stock market with Canadian Pacific and American rising over 2 points. Coalers and Smelting gained, steel and Reading hit 78 and 178, and railway shares led the rally while bonds remained firm though late-session trading cooled.
New York on October 15 reports money on call at a ruling rate of 4 percent with a closing bid of 4 percent and an offered rate of 4 percent.
In St. Louis on October 15 metal prices listed lead at about $4.95 to $4.97, with spelter weaker around $7.40 per unit. The note records market conditions and bid-indicated ranges.
New York financial notes show copper quiet with spot at 17.20b for October-November and December terms. Tin firm at 49.35 to 49.80, with end steady. Spelter steady at 7.60b, antimony quiet per Cookson's at 10.10 to 10.12, iron firm and unchanged.
London metal prices listed for Oct 15 show strong London spot and futures for tin lead and zinc. London tin firm with spot 224 pounds sterling and futures at 222 pounds 10s. Spelter and other metals quoted with various warrants noted.
Berlin reports a government bill aims to ban Standard Oil from wholesale illuminating oils in Germany. The operation would be handed to a national stock company under government supervision.
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