Rice Demand Surges Amid Record Prices and Transport Delays
Rice is the cheapest staple with prices at record highs while demand soars. Dr A C Wilkins of the Southern Rice Growers Association notes the crop moves fast to the country but freight car shortages and bad weather hinder transportation. Harvests in Honduras near completion and buyers push to secure supplies with industry expects a peak season.
MENTIONED IN THIS ARTICLE
A. C. Wilkins
Tion
Hogs lower on other markets in Fort Worth cattle report
Fort Worth market notes a downward trend in hog prices with limited beef steer test due to small receipts. Late week steers sold $6.65 to $7.15, stocker cattle and calves $4.25 to $5.50, feeder lambs $7.25, hogs top at $8.60 with bulk $8.35–$8.50. Sheep receipts 200, steady. Cattle receipts 3000, beef steers $5.00–$5.65, stockers $4.50–$5.35, cows $3.40–$4.25.
MENTIONED IN THIS ARTICLE
Fort Worth
Tex
Stringer to Lead Cattlemen Delegation at Harvest Jubilee
Harry Stringer former San Antonio fair livestock head will direct a delegation from the cattlemen's exchange to the Harvest Jubilee today. Colonel Stringer a longtime San Antonio livestock exhibitor organizer and overseer of fair livestock displays. John Dyer Fort Worth live stock operator visits Cuero with market outlook noting Fort Worth remains a strong market and Southwest Texas fat cattle will attract northern buyers. Butch Wilson on steer buying says rain has improved conditions and markets will stay favorable.
MENTIONED IN THIS ARTICLE
Harry Stringer
San Antonio
John Dyer
Fort Worth
W. F
Butch
Chicago Market Receipts and Quotations O ct 24
Cattle receipts 6000 market slow and steady Reeves 5 40 to 11 05 Texas steers 4 40 to 5 70 western steers 5 50 to 8 90 stockers and feeders 4 25 to 7 50 cows and heifers 2 75 to 7 25 calves 6 50 to 10 00 Hog receipts 20000 market strong five cents up Light 7 95 to 8 60 mixed 8 10 to 8 75 heavy 8 10 to 8 75 raught 8 10 to 9 75 bulls 4 75 to 7 50 bulk of sales 8 40 Sheep receipts 28000 market generally steady Native 3 50 to 4 80 western 3 65 to 4 70 yearlings 4 60 to 5 85 native lambs 5 00 to 7 35 western 5 25 to 7 35
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Chicago
Reeves
Texas
Cattle Hogs and Sheep Prices Steady in St Louis Market
Receipts 6500 cattle including Texans steady market. Native beef steers 5.50 to 10.80, Texas Oklahoma steers 5.00 to 7.25, cows and heifers 3.25 to 5.00, calves 5.00 to 6.70. Hogs arrivals 10,000, market ten cents lower. Pigs and lights 6.50 to 8.50, mixed butchers 8.50 to 8.66, good heavy 7.50 to 6.5. Sheep receipts 4500, market steady. Native muttons 4.00 to 4.25, lambs 5.60.
MENTIONED IN THIS ARTICLE
ST. Louis
Texas
Oklahoma
Kansas City Market Receipts and Prices Report
Cattle receipts 6000 with 1000 southerns. native steers 6.50 to 10.75. southern steers 4.25 to 6.00. cows and heifers 3.40 to 6.26. Hogs receipts 7000. bulk sales 8.20 to 8.50. heavy 8.40 to 8.55. light 8.10 to 8.30. pigs 6.50. Sheep receipts 8000. muttons 3.50 to 4.75. lambs 5.85 to 7.10. range wethers and yearlings 4.00 to 5.50. range ewes 2.50 to 4.15.
MENTIONED IN THIS ARTICLE
Kansas
City
Stock Market At Union Stock Yards October Market
Buyers and sellers set a steady price basis as a moderate supply moved through the pens. At noon the day’s tally showed 125 cattle 38 calves and 40 hogs with cows averaging 4.50 and general stock 3.50 to 4. Calves topped at 5.25 and bulk near 5 while hogs, though uneven in quality, brought up to 8.25. No sheep or goats were offered.
MENTIONED IN THIS ARTICLE
Union Stock Yards
Markets Report Chicago Prices for Butter Cheese and Poultry
Quotations for butter creamery 24½ 29c dairy 22 14 27c. Eggs steady receipts 2181 cases at mark firsts 21 24c. Cheese steady Daisites 17½ 17c Twins 16 17c Young Americas 17 17c Long Horns 17 17½c. Potatoes steady receipts 65 cars Minnesota 38 40c Wisconsin 35 40c Michigan 40 42c. Poultry live steady turkeys 11½ 12c chickens 11c springs 18c. Veal steady 9 14c.
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Chicago
Minnesota
Wisconsin
Igan
Kansas City Market Quotations Today
Quotations from Kansas City on October 24 report butter prices with creamery firsts at 26 cents, seconds 24, packers stock 23. eggs show extras 26, firsts 24, seconds 18 cents.
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Kansas City
Egg Prices Reported From New York Market Oct 24
New York on October 24 reports egg firm receipts totaling 10,002 cases. Fresh gathered extras quoted at 33 3/8 cents per dozen. Price levels and supply details reflect market conditions for producers and retailers.
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New York
Poultry Prices Steady as Eggs Hold in Market
ST. LOUIS, Oct. 24 Quotations were as Poultry firm with chickens 11 3 4 cents springs 14 cents turkeys 18 cents ducks 12 cents geese 10 cents Butter steady creamery 27 80 cents Eggs firm 23 cents.
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ST. Louis
Raw sugar and commodities steady amid market notes
New York reports raw sugar steady with Cuban and Brazilian lots priced around 3.55 to 4.05 per hundredweight. Refined sugar and petroleum products hold steady as markets show firm hides and leather sector tone.
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New York
Mbscovado
Cencuteees
Weather forecast for East Texas and San Antonio region
U S Department of Agriculture weather bulletin for East Texas and San Antonio area. cloudy with rain and snow, unsettled tonight through Friday. Forecast includes tonight and Friday details, past precipitation data, and monthly and yearly deficits as of October 24, 1912.
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East Texas
Thureday
San Antonio
Cotton market steadies after Wall Street rally on Oct 24
New York cotton opened steady with a 1 to 6 point advance amid overnight buying and covering. Prices climbed to a net gain of about 6 points in early trading before slight reactions cooled the rise. Midday levels held 5 to 6 points higher as spot demand remained strong and active months pushed into new ground.
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New York
Wall Street
Market opens with renewed stock uncertainty in New York
The Oct 24 New York opening shows further irregularity with Hill issues and Canadian Pacific down while Amalgamated Smelting and Steel edge up slightly. Trading is moderate and bearish sentiment grows, though Republic Iron and Bethlehem Steel stay relatively strong. Bonds steady as prices dip to forenoon levels before a late firm close.
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New York
Hill
Canadian Pacific
Amalgamated
Republic Iron
Bethlehem Steel
Texas At! Company
New York Mercantile Market Report Oct 24
Prime mercantile paper closes at 6 percent. Sterling exchange firm with actual business in bankers' bills at 4.82 for 60 day bills and at 4.8610 for demand. Commercial bills 4.81 to 4.84. Bar silver 68 4c, Mexican dollars 48 1/2c. Government and railroad bonds steady.
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New York
Prime Mercantile
Sterling Exchange
Money on Call and Time Loan Rates Steady in Market
New York reports money on call firm with bids around 4% to 6% and offerings near 6%. Time loans remain firm with bids for 90 days at 5% and six months around 5 1/2% to 6%.
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New York
Copper and tin prices hold steady in New York markets
Copper futures steady with spot at 17.00 and near-months around 17.00 to 17.25. Electrolytic and lake copper quoted 17.62 to 17.87, castings 17.25 to 17.37. Tin remains firm at 50.12 to 50.87 for spot and October, with November 50.10 to 50.37. Lead and spelter quiet, antimony steady at Cookson’s 10.50, iron unchanged.
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New York
Cookson’s
London metal prices hold gain as markets ease
London markets report copper easy with spot at 75 pounds 17s and futures 76 pounds 10s. Tin also down with spot 229 pounds 10s and futures 228 pounds 5s. Lead stands at 19 pounds 15s while spelter trades at 27 pounds 10s. Cleveland warrants quoted at 66s 4d in London.
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London
Cleveland
Wool Prices Steady Across Medium to Fine Grades
Wool markets in St. Louis show steady tone with medium combing and clothing fibers quoted at 23% to 26 cents, light fine at 19 2/3 to 21 cents, heavy fine 13 to 18 1/2 cents, and tub washed at 27 to 35 cents per pound.
MENTIONED IN THIS ARTICLE
ST. Louis
Bank rate in Germany rises to five percent
Berlin October 24 The Imperial Bank of Germany increased the discount rate from four to five percent today signaling tighter monetary policy.
MENTIONED IN THIS ARTICLE
Berlin
Imperial Bank of Germany
World Crop Outlook From Rome Reports Global Gains
The agriculture department released preliminary Rome cable figures dated October 21 outlining international crop totals. Wheat includes Algeria at 27,173,000 bushels with broader gains across Prussia Belgium Bulgaria Denmark Spain France and more. Barley shows France 52,274,000 and Algeria 32,888,000 bushels, with strong increases in most listed countries. Oats reach 4,084,000,000 bushels with France Ireland Algeria and others contributing. Corn totals 3,620,000,000 bushels with major yields in Roumania Canada Egypt and others. Rice Japan is estimated at 367,650,900 bushels.
MENTIONED IN THIS ARTICLE
Washington
Department of Agriculture
International Institute of Agriculture of
Rome
Algeria
Prussia
Belgium
Bulgaria
Denmark
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France
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Ireland
Wales
Hungary
Italy
Luxemburg
Norway
Netherlands
Roumania
Russia
Switzerland
India
Canada
United States
Japan
Egypt
Tunis
Wheat and corn slip as futures retreat in Chicago markets
Chicago prices moved downward with wheat easing from 94 to 93 cents and finishing lower by about a half cent. December corn opened four and a half cents lower, then held near those levels as demand remained weak. Oats weakened from the farm sector, while pork and rib futures fell and pork closed down. large primary receipts contributed to the wheat setback. Continuous declines followed, with December wheat closing around 93 cents and December corn around 53% cents.
MENTIONED IN THIS ARTICLE
Chicago
Daily Grain Prices and Futures Quotes
Cash wheat and corn prices listed by grade and quality with bid asks. Futures close show December and May contracts for wheat corn and oats, with quoted percent values and cents per bushel.
Weather bulletin reports frost across multiple southern cities
Remarks indicate generally fair weather with below normal temperatures and frost observed in numerous locations including Charlotte Lumberton Hewthorn Atlanta Chattanooga Gainesville Greenville Griffin Macon Rome Spartanburg Tallapoosa Toccoa West Point Corinch Brownsville Covington Dyersburg Milan Millen Aberdeen Columbus Miss Meridian Oklahoma Waynesboro Allen Buell local forecaster Weather Bureau
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Charlotte
Lumberton
Hewthorn
Atlanta
Chattanooga
Gainesville
Greenville
Griffin
Macon
Rome
Spartanburg
Tallapoosa
Toccoa
West Point
Corinch
Brownsville
Covington
Dyersburg
Milan
Millen
Aberdeen
Columbus
Miss
Meridian
Oklolona
Waynesro
Grain Prices Reported for Various Wheat Corn and Oats
Market listings show cash prices with No 2 red wheat at 1.06 to 1.08, No 2 hard at .93 to .97, No 1 northern at .94, No 2 northern at .91 to .93, No 2 spring at .90, velvet chaff at .86 to .91, durum at .85. Corn No 2 at .64 to .65, No 2 white at .64 to .64 1/4, No 2 yellow at .64, Oats No 2 white at .34 to .38 per bushel standing standard at .33 to .33 1/4.
MENTIONED IN THIS ARTICLE
Chicago
Grain prices and futures quotes from the market
Cash wheat No 2 red 1.09 to 1.11 No 2 hard 0.98 to 0.95. Corn No 2 0.64 0.64 to 0.64 No 2 white 0.65. Oats No 2 0.33 to 0.34 No 2 white 0.34. Close Wheat December 0.84 May 0.98 0.98. Corn December 0.50 May 0.50. Oats December 0.32 May 0.34.
MENTIONED IN THIS ARTICLE
ST. Louis
Cotton goods markets steady in New York trading
The cotton goods markets were steady with a moderate demand reported for nearly all staples. Worsted yarns were very firm. Burlaps were active. Jobbers reported a fair business.
MENTIONED IN THIS ARTICLE
New York
New Orleans Cotton Opens Steady Amid Frost Fears
New Orleans cotton futures opened steady with modest gains as frost warnings spurred short covering and scalpers. Markets stayed quiet before the census figures due tomorrow at 9 am New Orleans time, with expectations influencing bids and offerings mainly from scalping traders. Prices climbed from morning to noon and remained firm in the afternoon on cold weather concerns.
MENTIONED IN THIS ARTICLE
New Orleans
Census Bureau
New Orleans Cotton Futures Open Steady Amid Decline
Cotton futures in New Orleans opened steady with most months showing slight gains while the overall session closed mixed and down. Front months Oct through July displayed minor shifts with Oct near 10.91 and July around 11.16 as traders weighed demand and weather impacts.
MENTIONED IN THIS ARTICLE
New Orleans
Spot Cotton Prices Ease in Liverpool Trading
Spot cotton trading in Liverpool shows buyers and sellers active as prices ease. American middling fair fetches 6.534 pence per pound with other grades posted, total sales around 10,000 bales including 6,000 for speculation and export. Receipts reach 38,300 bales, all American.
MENTIONED IN THIS ARTICLE
Liverpool
Futures Prices Steady in Liverpool Opening
Futures opened quiet and steady in Liverpool with October at 5.944, November at 5.9244, and December to July contracts showing small increments. The market closed steady with minor shifts across successive month pairs, indicating a stable near term curve.
MENTIONED IN THIS ARTICLE
Liverpool
Leading Spot Markets and Price Listings
New York middling 11.05 New Orleans middling 10 13 16 Houston middling 10 1 16 Galveston middling 11c Liverpool middling 6 13d Memphis middling 11c
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New York
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Memphis
Spot cotton prices and market details in New Orleans
New Orleans market report shows spot cotton firm by 1/16 cent rise. Middling 10 13/16 cents with 2025 bales sold on the spot and 3100 arriving. Receipts 12,606 bales. total stock 129,862 bales. various grades quoted from 7.5 to 12.5 cents with nominal figures for each grade.
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Galveston
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Mobile
Ala
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8. C
Wilmington
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Boston
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Houston
Spot cotton closes steady in Galveston market
Galveston Texas October 24 spot cotton closes steady with price ranges for grades from low ordinary 6 to good middling 11 cents. Sales total 178, receipts 31,651, stocks 248,407, including f. o. b. and 653.
MENTIONED IN THIS ARTICLE
Galveston
Tex
Spot market closes steady with varied cotton grades
In Houston on October 24 the spot market ended steady. Sales totaled 17, shipments 22,182, stock 108,149. Quotations list low ordinary at 6 1/2 percent, ordinary 7, good ordinary 8 1/4, low middling 10 1/2, middling 11, good middling 11 1/2, middling fair 11%. F.O.B. 2569.
MENTIONED IN THIS ARTICLE
Houston
Tex
Cotton Spot Closes Steady In New York Tuesday
New York on October 24 reports cotton spot prices steady with middling uplands at 11.05 and middling gulf at 11.30, with 1500 bales sold.
MENTIONED IN THIS ARTICLE
New York
Gulf
Cotton and rice market brief from Memphis and New Orleans
Memphis spots steady at middling 11.5 cents while New Orleans rough rice improved and clean rice stayed quiet. Receipts totals and sales priced, with Honduras and Japan lots listed for rough and clean rice at various cents per hundredweight.
MENTIONED IN THIS ARTICLE
New Orleans
Honduras
Japan
Steamers Arrive and Sail From Galveston Ports
JALVESTON Tex Oct 24 Arrived yesterday Steamers El Cid New York Nueces New York via Key West Cleared Steamer Ninian Br Havre Sailed Steamers Progreso Nov Havana and Matanzas Gerty Aust Barcelona via Norfolk El Norte New York Bravos New York
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