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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Oct 23, 1912
Page
11
San Antonio car owners were mailed a key to the air box with a note promising service by day and a key for night and holiday access. If a resident did not receive a key, they were instructed to request a replacement via a postal message.
California bean traders report a unusual short crop this year with advances expected, yet jobbers and grocers offer beans cheaper than last week as weather turns snappy. Potatoes rice and coffee demand up 50 percent, pork products scarce as cold weather looms and hog production tight.
Quotations show butter and eggs steady with modest gains in some creamery products. Cheese prices unsettled with various grades and brands listed. Potatoes and poultry markets mixed with steady veal and unsettled live poultry. Receipts include 60 cars, with Wisconsin Minnesota items noted.
Quotations show butter and eggs unchanged in Kansas City while St Louis lists poultry prices and butter. New York reports steady eggs and coffee futures with raw sugar and refined steady. New Orleans rice market cited with rough and millers’ bids and wholesale prices for Honduras and Japan products.
Grain merchants predict lower wheat prices ahead despite rising meat costs. Chicago Duluth Milwaukee and Minneapolis daily receipts run about 1.5 million bushels. Local flour mills report good activity as cheaper wheat lowers flour quotes and prompts restocking. Broomhall cites American wheat ample to cover a Dardanelles blockade with Canada showing large stocks versus last year.
Boston reports heavy transfers of domestic wool across grades with firm values and occasional upward price signals. Ohio fleeces lag slightly while Texas and California product activity remains dull. territory trading covers original bags and graded stock with quoted prices for delaine washed and unwashed fleeces ranging from 23c to 62c depending on grade and region.
Washington reports a 16 percent increase in copper production across major producers in the nine months to October, totaling 120,322,254 seconds. Anaconda mines led with 29,400,000 pounds and Arizona Copper produced 6,768,000 pounds. Porphyries Utah Nevada Consolidated China Miami and Ray Consolidated accounted for 203,686,968 pounds, 23 percent of total, up from 135,832,459 pounds or 18 percent in the same period of 1911.
Washington reports the bureau on foreign and domestic commerce will issue a monograph on foreign trade in canned foods. American canned fruits have recovered ground, with England as a major buyer. The pure food label aided sales, and California canned fruits are well regarded despite higher prices than rivals. American canned tomatoes struggle against Italian competitors.
Observations at 8 a m elevate sea level pressure notes and wind arrows. Forecast for San Antonio area predicts fair and warmer tonight and Thursday. East Texas expected fair and warmer with lighter precipitation yesterday and overall deficit since January 1 3 60 inches across region.
At Union Stock Yards on Oct 23, heavy attendance from butchers and packers marked one of the briskest morning trades in months. Receipts: 805 cattle, 157 calves, 6 hogs, 40 sheep and goats. Noon prices held steady with yesterday, best cows at 4.25, bulk 3.50 to 4, calves around 4 to 5.25, porkers up to 8.25, hogs in short supply amid keen competition.
In Cuero, the Cuero Cotton Oil & Mfg. Co advertises choice of prime screened cracked cake or meal at low prices. Immediate service promised. In St. Louis on Oct 23 lead and spelter prices noted as dull with lead at 4.90 and spelter around 7.35 to 7.40.
Weather conditions show generally fair skies with below normal temperatures and frost at places in Oklahoma Tennessee and Arkansas ranging from 40 to 31 degrees. Rainfall of an inch or more possible at Raleigh Mobile Okolona Milan with two inches at Brownsville according to Allen Buell Local Forecaster Weather Bureau.
Fort Worth on October 23 reports heavy midweek receipts with about sixty five cattle cars in the northern division. Cattle sold mostly steady with choice beef lower and calves active. Hogs declined about 15 cents but traded actively with prices around 8.40 to 8.60 for most of the run and several outside buyers competing with packers. Sheep steady with sizable cattle and feeder sales noted.
Chicago receipts tally 20 000 cattle market steady to ten cents lower with various grades. hogs 30 000 head slow and down about 15 cents. sheep 48 000 head slow but steady across native and western offerings with yearlings and lambs noted.
Cattle receipts around 6000 with 800 Texans. Native beef steers 5.50 to 10.80, Texas and Indian steers 5.00 to 7.00, cows and heifers 3.25 to 5.25, calves 5.00 to 6.50. House receipts 10000, market 15 to 25 cents lower. Pigs and lights 7.50 to 8.75, butcher stock 8.20 to 8.75, good heavy 8.50 to 8.75. Sheep receipts 2500 steady, native muttons 4.10 to 4.35, lambs 5.50 to 7.25.
Kansas City traders noted cattle receipts of 11 000 with native steers at 6.75 to 10.74 dollars and southern cattle 4.25 to 6.90, hog receipts of 1200 with bulk sales 8.10 to 8.50, and sheep at 3.50 to 4.80 for muttons and 6.00 to 7.50 for lambs as markets remained steady or lower across categories.
Quotations show Cash wheat No 2 red 1 10 to 1 12 per bushel and No 2 feed 93 to 96 1/2 cents. Corn No 2 64 to 64 1/2 cents No 2 white 65 cents. Oats No 2 33 1/2 to 34 1/4 cents. December wheat 94 1/2 cents May 95 1/2. corn December 50 to 50 1/2 cents May 50 to 50 1/2. oats December 32 2/3 to 32 3/4 cents May 34 cents.
Boston report notes Arizona Commercial 3 percent gains along with Calumet and Arizona 79 and Greene Cananea 10 while North Butte shows varied activity in the mining market.
Chicago reports show wheat rising on war news with December futures opening around 93 cents and closing 4 cents higher. Corn stayed mostly flat while oats and provisions advanced. pork, lard, and ribs traded higher as short covering supported prices amid improving demand and husking results.
Quotations today show cash wheat prices with No 2 hard at 87% to 91% cents, No 2 red 1.04 to 1.07, and No 3 red about 99% to 1.05 dollars. Corn prices run No 2 mixed 62 to 58 cents old and new, with No 2 white around 63 to 62 cents. oats No 2 white 34 to 35 cents, mixed 38 to 44 cents. December and May futures for wheat, corn, and oats listed.
Chicago cash grain prices list No. 2 red wheat at 1.06 1/4 to 1.093-4 dollars, No. 2 hard at 94 to 96 cents, No. 1 northern at 94 65 to 94 3/4, No. 2 northern at 90 32 1/2 to 90 3/4 cents, No. 2 spring at 90 to 93 cents, velvet chaff 86 9/2, durum 86 92. corn No. 2 and No. 2 yellow 64 1/4 to 64 3/4, No. 2 white 64 1/2 to 64 3/4, oats No. 2 white 34 1/2 to 36, standard 33 1/2 to 34 1/2.
New York and New Orleans show middling prices around 10.95 and 10 a 16th cents. Houston and Galveston quote middling around 10 15-16 and 11 cents, while Liverpool asks 6 17 pence per cent. Memphis reports middling lic.
New Orleans reports spot cotton closed steady with active sales totaling 1245 while arrivals reached 2700. Prices ranged from low ordinary 7 1-16 to good middling 11 1-8 with several middle grades noted as nominal or 12 5-16. Itoskipts and stock figures listed as 14 211 and 119 721 respectively.
New York on October 23 reports a quiet cotton spot market with middling uplands at 10.95 and middling gulf at 11.20. Sales totaled 100 bales.
Spot cot ton in Galveston closes steady with grades listed from low ordinary to good middling. Reported sales total 1000 bales, receipts 24,278 and total stock 332,000 bales.
In Houston on October 43 the spot market closed steady and unchanged. Sales 1275 shipments 21 664 stock 106 117. Prices listed for several grades from low ordinary to good middling with middling and related values shown. F. C. b. 1675.
In Memphis on October 23, spot cotton held steady with middling price at 11.5 cents per pound as trading paused for the day.
Cotton futures opened steady and slid several points amid liquidation and weather worries in the south. By midday prices were 5 to 8 points lower with December easy under selling, and later closed steady with few gains.
Cotton futures in New Orleans opened steady to two points down from yesterday with selling after a warmer western belt forecast. By late morning prices were 9 to 10 points under prior close, then steadied in the afternoon as shorts took profits and bears paused awaiting census figures.
New Orleans reports show steady early action in cotton futures with October at 10.83 bid and November 10.70, others around 10.73 to 11.12. closed steady with a small overall decline of 1 to 3 points. Trading notes include near equal bid and ask levels across months.
Spot prices firm with good business in Liverpool, American middling fair at 6.57, good middling 6.36, middling 6.17, low middling 5.45. Sales 10,000 bales, 800 for speculation/export, 9,300 American. receipts 26,000 bales, 24,700 American.
Futures opened quiet and finished barely steady in Liverpool. The notes show contracts from Oct to July with fractional and decimal price figures such as Oct 6 87%d and May-June 5.83%. The record lists successive month pairings and small fluctuations in prices.
Market watchers await ginners' figures from the census bureau with a bearish view. The National Ginners’ association estimates ginning to October 18 at 8,850,000 bales. Spinners and traders report active buying on call but hedge selling weighs on prices amid long liquidation and anticipated southern declines.
New York dry goods report shows steady cotton goods markets. Yarns were firm and men’s wear fabrics bought for immediate and future shipment. Business was larger than any presidential year on record.
Wool prices steady in St Louis with medium grades combing and clothing at 234% 26c. Light fine pet and goat prices noted. washed lineatypes 27 35c.
Cottonseed prices in Memphis on October 23 show prime basis around 4.93 to 4.94 per unit with meal at 24.50 and linters at 24 percent GC.
Cotton seed oil closes steady in New York with spot ranges from 5.98 to 6.15 per unit. October through May prices shown, with total sales at 12 900 units and specific lot sizes across months.
In New York on October 23 prices held firm across markets. Prime mercantile paper stood at 6 percent, Sterling exchange firm with bankers' bills quoted at 4.82 for 60 days and 4.86 for demand, commercial bills at 4.8144, bar silver at 63 cents, Mexican dollars at 84 cents, and government and railroad bonds remained steady.
The Republic Iron and Steel company announced a quarterly 1 percent dividend on its preferred stock. Dividends had been suspended previously due to adverse trade conditions.
Money on call firm at 4.05 percent, ruling rate. Closing bid 4.00 percent, offered 4.00 percent. Time bars firm at 60 days 4.54 percent, 90 days 5.0 percent, six months 5.0 percent.
Copper firm with spot at 75 pounds 15s and futures at 76 pounds 15s. Tin stays at 229 pounds 10s spot and 228 pounds 5s futures. Lead quoted at 20 pounds 1s and London spelter 27 pounds 10s. Iron in Cleveland warrants 6s 10 1/2d in London.
Galveston reported arrivals and clearances with the steamer Dorothy from Baltimore arriving yesterday. Cleared steamers include Progreso Ha Vana Matanzas El Mundo from New York Energie from Germany Tampico. Sailed vessels listed include Tredegar Hall Hamburg Mongibello Genoa Balmes Barcelona Adelheld Norresundby St Hugo Manchester via Norfolk Newport News and other routes.
Market activity remained dull at noon amid heavy selling and widespread uncertainty. Prices fell on key issues as rumors of trouble abroad weighed on investor confidence. bonds remained steady while overall tone was cautious and unsettled.
New York report notes antimony iron market calm with lead steady at five dollars. A. Coleman, a plumber, located at 416 Main Ave, is referenced in a local spot near the en area.
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