Heavy Wheat Receipts Push Down Prices Across Markets
Wheat receipts total 9,212,000 bushels on western markets, up 1,000,000 from last week and 8,297,000 higher than a year ago, signaling renewed bearish pressure as mills and farmers offer grain. Spot Chicago cash sales are light, futures reaction follows corn short-covering, oats weakness grows with record receipts anticipated, and hog markets tighten as packers gain demand from the south.
MENTIONED IN THIS ARTICLE
Chicago
Union Pacific
Minneapolis
Duluth
South
Market quotations Kansas City grain prices
Quotations show cash wheat at Nos 2 hard 91 2 c and 3 red 1.01. Corn No 2 mixed 77 18q, No 2 white c. Oats No 2 white 34 350, No 2 mixed wo. September wheat 88% 0 Dec 87c, May 91c. Corn September 70% 0, Dec 50% 0, May 50% bc. September 32% 0, December 32c, May 84c.
MENTIONED IN THIS ARTICLE
Kansas City
S&c
Chicago Grain Prices Quote August 31
Quotations from Chicago show cash wheat at No. 2 red 1.05 to 1.07 dollars per bushel and No. 2 hard 94 to 96 cents. No. 1 northern 95 to 99 8, No. 2 northern 94 to 97 cents. Corn No. 2 at 79 to 80 cents, No. 2 white 81 81?C, No. 2 yellow 79 to 80 cents. Oats No. 2 and No. 2 white 33 to 34 cents, standard 32 to 38 cents.
MENTIONED IN THIS ARTICLE
Chicago
Market quotes from St Louis grain and corn prices
Quotations show cash wheat at 1.04 1.05% for No 2 red and 92 960 for No hard. Corn listed at 80¢ for No 2 and 0.80 for No 2 white. Oats set at 81 32c for No 2 and 34a for No 2 white. Nearby futures: Wheat Sept 3. c, Dec 98% Ko. Corn Sept 78c, Dec 52% c. Oats Sept 81%0, Dec 31%
MENTIONED IN THIS ARTICLE
ST. Louis
New York Currency Rates Drift With Sterling Weakness
Sterling remains weaker in New York as bankers' bills trade at 484.25 for 60 days and 478.06 for demand. Commercial bills quoted at 483%. Bar silver at 63% and Mexican dollars at 48%. Base data reflect thin actual business in bankers' bills.
MENTIONED IN THIS ARTICLE
New York
Sterling Exchange
New York Textile Demand Mixed as Prices Fluctuate
Gray goods held steady demand while prices varied. Some mills kept to higher offers than earlier in the week, others trimmed slightly. Coarse colored goods moved fast for quick shipment and finer ginghams sold well in a very satisfactory pace.
MENTIONED IN THIS ARTICLE
New York
Metal Prices and Warrants Report From London Market
London metals update shows spot copper at 79 pounds 3s 9d, tin at 218 pounds 1s, lead at 20 pounds 128 ¾d, speller at 26 pounds 128 64. American producers raised their price to 4.85 in fifty ton lots as warrants from Cleveland traded at 63 7 4 in London.
MENTIONED IN THIS ARTICLE
London
Cleveland
Shipping Arrivals and Clearances at Galveston
Shipping at Galveston lists arrivals including steamers El Sol New York Eldorado New York Minola Br St Vincent Northtown Tampico. Cleared: Riol Bremen. Sailed: Ramazan Bremen Ramon de Larrinaga Manchester Quernmore Liverpool via Norfolk.
MENTIONED IN THIS ARTICLE
Galveston
Tex
el Sol
New York
Eldorado
Minola
St. Vincent
Northtown
Tampico
Riol
Bremen
Ramazan
Ramon de Larrinaga
Manchester
Quernmore
Liverpool
Norfolk
Cotton Prices and Market Salients in Galveston
Galveston area cotton market shows spot prices mixed with declines across grades. Spot sales total 1500 bales with stock at 101334 and receipts at 12903. price breakdown lists low ordinary 69 16, ordinary 79 16, good ordinary 87 16, low middling 101 16, middling 11 18, good middling 11 2, middling fair 11.
MENTIONED IN THIS ARTICLE
Galveston
Tex
Cotton Market Steady in Memphis Trade
In Memphis on August 81 spot cotton held steady at middling 11 percent, with prices unchanged from prior listings.
MENTIONED IN THIS ARTICLE
Memphis
Tenn
Wool Prices in St Louis Trading Report
Wool prices in St Louis show steady rates with fine grades at 86 to 118 per bale and strong demand for washed fleece near 30.00. Market notes list varying qualities including fine, dyed, and gauge specs for clothing wool led by buyers and sellers in the city.
MENTIONED IN THIS ARTICLE
ST. Louis
Who Gets the Fruit
Michael Casey, long-time San Francisco politician on the city payroll, addressed fellow citizens at a bar meeting. He claimed the people are the roots of the municipal tree while officials are merely branches, provoking amusement and debate among attendees.
MENTIONED IN THIS ARTICLE
Michael Casey
San Francisco
Casey
Weather Observations and Monthly Totals Recorded
Observations at 8 p m show air pressure at sea level. A rain and temperature chart notes temperatures 95 high 76 low and an average 86 with normal 80 and daily excess of 6. Monthly totals record accumulated excess 124 and deficiency 133 with total precipitation none and expected 0.11 inch.
MENTIONED IN THIS ARTICLE
Ees Sa
Movement 10 Restock Ranges In Full Swing
Northern markets show restocking momentum as ranges dry and demand steadies. Cattle to stocker and feeder divisions dominate the week with best cows up to 4.26 and calves to 5.00, while Oklahoma shipments surge and Kansas City outruns Chicago at times.
MENTIONED IN THIS ARTICLE
Oklahoma
Kansas City
Chicago
Hecht
San Antonio
Armour, Swift and Morris & Co
Colonel Ike West Plans Retirement to Uvalde Ranch
Colonel Ike West, announcing his retirement from cattle, heads to his Uvalde ranch to wind up affairs. He may ship some steers if markets stay favorable, but holds long range to maximize value. He attended the Cattlemen's Exchange yesterday with a bandaged finger after an electric fan incident.
MENTIONED IN THIS ARTICLE
Ike West
Uvalde
Colonel West
Cattlemen's Exchange
George Houston
Business is brisk in New York markets in August weekly review
Bradstreet's weekly trade review notes rising business conditions, favorable crop developments, and swift industrial pace. Labor is scarce, fall and next spring buying volume grows, currency flows abroad, and pig iron activity rises while railcar shortages loom. Retail and dry goods trade show strength as wool and other materials surge. tariff concerns ease. US weekly business failures reach 228. Canada 26.
MENTIONED IN THIS ARTICLE
New York
Bradstreet
Trade Today
Monty
United States
Canada
Fort Worth Live Stock Markets Ends Week With Mixed Results
Stock market notes from Fort Worth show meager receipts and early departures. Hogs rose 15 to 20 cents, calves advanced, beef steers dragged 10 cents lower, cows and heifers weaker, and choice cows steady with lower common grades. Sheep remained steady with some good lambs.
MENTIONED IN THIS ARTICLE
Fort Worth
Tex
Chicago Livestock Prices and Receipts Report
Chicago auction totals show cattle receipts at 300 with slow to steady trade across categories. Hogs receipts at 7000 with light demand and mixed grades, while sheep at 2000 with quiet to steady markets. prices listed for Reeves Texas steers stockers feed er cows calves hogs and lambs across standard ranges.
Market Report St Louis Cattle and Hogs August 31
Receipts 6500 cattle including 100 Texas stock steady prices native beef steers 5.50 to 10.50 cows and heifers 4.00 to 8.76 stockers 3.75 to 7.25 Texas Oklahoma steers 4.50 to 8.00 cows and heifers 3.50 to 7.00 calves in cars 5.00 to 8.50. Hogs receipts 6500 market steady pigs and lights 6.50 to 9.00 mixed and butchers 8.75 to 9.00 good heavy 8.80 to 8.95. No sheep.
MENTIONED IN THIS ARTICLE
ST. Louis
Texas
Oklahoma
Kansas City Live Stock Receipts and Steady Markets
Receipts totals: cattle 200 with native steers 6.75 to 10.50 and southern steers 4.60 to 6.00, cows and heifers 3.25 to 8.25, stockers 4.50 to 7.50, calves 5.00 to 9.00. Hogs 500 with bulk 8.60 to 8.75, heavy 8.55 to 8.70, packers 8.60 to 8.80, light 8.60 to 8.80, pigs 6.00 to 7.00. Sheep 600 with muttons 3.60 to 4.40, lambs 6.00 to 6.86, wethers and yearlings 4.00 to 6.35, ewes 2.25 to 4.00.
MENTIONED IN THIS ARTICLE
Kansas City
Aug
Weather Observation Log From August 81 1912
Report lists 8 a m observation with wind direction and velocity, temperature, rainfall, and weather state across five columns. Includes scattered data points and reading notes from the morning session.
First of Season Tomatoes Arrive With Higher Prices
The first of the season Baltimore tomatoes arrive on the wholesale row with fewer liquids and more tomato content due to pure food rules. Prices to retailers are about 20 percent higher than last year.
MENTIONED IN THIS ARTICLE
Baltimore
Pure
Chicago market quotations and receipts summary
Chicago prices and receipts for agricultural commodities show eggs at Receipts 920 cattle, cheese steady. Various poultry and dairy items listed with mixed percent changes and regional receipts noted, including dairy and meat categories.
Market Quotation Report From St Louis Poultry Prices
8 ST LOUIS Aug 8 1 Quotations were as Poultry firmer Chickens 12 and springs 16 turkeys 11 200 ducks 11 9¢e geese 56 10 Butter creamery 28 260 Eggs firm 18e
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Chicago
Wisconsin
New Jersey
Minnesota
Springs
Louis
Dairy Prices Reported in Kansas City Market
Butter and eggs prices listed for Kansas City on August 81 show Creamery butter at 24c for firsts and 20c to 21c for seconds, packing stock 20 to 21c. Eggs quoted with extras at 22c and firsts at 20 Century? 6 0.
MENTIONED IN THIS ARTICLE
Kansas City
Bees Steady on New York Market Receipts 9190 Cases
New York August 31 Bees held steady with unchanged tones as receipts reached 9190 cases amid light trading and stable demand across warehouses and brokers.
MENTIONED IN THIS ARTICLE
New York
Market Report on Commodities in New York
Raw sugar prices edged lower with adjustments across centriffs and Muscovado while refined sugars stayed quiet. Petroleum refined barrel prices held at 8.30 and molasses in New Orleans steady with open kettle noted. Hides and leather markets showed mixed firmness with Bogota and Central America quotes around 25 to 26 percent for hides and leather segments varying from firsts to rejects.
MENTIONED IN THIS ARTICLE
New York
New Orleans
Bogota
Central America
Rice market brief shows Honduras and Japan activity
New Orleans reports rough rice deliveries totaling 2417 with no miller receipts and no clean rice receipts. Sales list rough Honduras at 2.315 with 2.25 to 4.26. clean Honduras 6191 at 3 to 5 percent. Japan bids limited to 285 at 3 and 4 percent. Quotations place rough Honduras at 3.25 to 4.25 and clean Honduras at 4% to 5% with Japan nominal to 4% 0.
MENTIONED IN THIS ARTICLE
New Orleans
Honduras
Japan
Vaudeville Sketch Sparks Political Satire
Courier Journal notes a vaudeville sketch being drafted on the current political scene. The writer insists there is ample material, choosing which bits to exclude for the performance.
MENTIONED IN THIS ARTICLE
Courier Journal
Cotton Rides To Boggan And Loss Is Material
New York August 31 9 reports a bear week in the cotton market with prices dropping 40 to 50 points. Movement to ports grows despite late crop and forecasts show August losses of 7 to 10 points in Texas and 3 to 6 in the Carolinas.
MENTIONED IN THIS ARTICLE
New York
Texas
Carolinas
Oklahoma
Cotton market closing: weekly drops from 47 to 63
New Orleans reports the week ending shows cotton prices down 47 to 63 points from the previous week. The closing positions reflect overall softer demand and unsettled buying, with traders awaiting next market cues.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool cotton market closes with steady prices
Spot cotton shows limited demand with unchanged quotes. American middling fair 7.20, good middling 6.80, mid 6.40, low middling 6.16, good ordinary 6.68, ordinary 6.20 pence. Day’s sales 3000 bales, 400 for spec and export, 2300 American. Receipts 6000 bales, none American.
MENTIONED IN THIS ARTICLE
Liverpool
Futures market quiet in Liverpool opening and closing
Futures opened and closed quietly in Liverpool with multiple contract listings for September through July and varied spread values. Official closing values show August at 6.20d and August-September at 6.18d.
MENTIONED IN THIS ARTICLE
Liverpool
Cotton market and worm damage spur mixed forecasts
The Journal of Commerce notes rising cotton inventories in the United States while demand remains uncertain. Texas reports worm damage concerns as shipments to Galveston and Houston show large weekly totals. The 1911-12 season closes with Galveston exports up 703,811 bales from last year. Hedge selling and high freight rates loom as factors shaping prices before the next season. Local stats from Hester and a forthcoming bureau report on spinners' takings will influence market moves.
MENTIONED IN THIS ARTICLE
Cotton Exchange
Mexico
Journal of Commerce
India
Egypt
Europe
Texas
Houston
Tex
Galveston
Galvener
Hester
Cotton Seed Prices and New York Market Closing
Memphis Tennessee markets show cotton seed products with meal and hull prices listed. New York cotton closing steady with spot prices around 6.40 to 6.08 for various months and total sales totaling 4500.7 at 6.08.
MENTIONED IN THIS ARTICLE
New York
Aus
Sotto
Kone Pee
Peer
Metals dull and nominal in New York market
Metals were dull and nominal with Lake and electrolytic copper at 17 percent and casting copper at 174 percent. Iron prices remained unchanged in today trading.
MENTIONED IN THIS ARTICLE
New York
Aus
Heavy iron trade shows broad demand and price gains
The Iron Age notes broadening pig iron activity with rising prices across districts. Large orders for 1913 delivery and rail equipment demand boost foundries and pipe works, while finished material stocks shrink and Steel Corporation faces heavy unfilled orders amid 1913 rail needs.
MENTIONED IN THIS ARTICLE
Tnline Nsntenen
Iron Trades
Pipe
Southern
Ohio
Eastern Steel
Birmingham
Pittsburg
Bessemerton
Valley Furnace
Niy
Steel Corporation
The
Northern Pacific
Pennsylvania Steel Company
Worldwide Money Demand Up Across Global Markets
New York reports a worldwide rise in money demand as crops move south and west. Bank rates harden with the Bank of England raising discounts. U S rates advance for time and call money. Clearing House shows cash reserves dip. rail earnings rise and stocks remain steady as Congress adjourns.
MENTIONED IN THIS ARTICLE
New York
South End
Bank of England
Berlin
New York Clearing House
New York Stock Exchange
Congress
Wall Street
Net port receipts in U S for the week and year to date
Net receipts at all U S ports for the week show 158,182 dollars. Total receipts since September 1 amount to 12,080,960 dollars, compared with 8,747,548 dollars the same date last year.
MENTIONED IN THIS ARTICLE
Galveston
New Orleans
Mobile
Savannah
Eter
Charleston
Wilmington
Norfolk
Baltimore
New York
Boston
Newport News
Philadelphia
San Francisco
Brunswick
Port Townsend
Pensacola
Port Arthur
Sabine
Jacksonville
Eagle Pass
Texas
Laredo
Georgetown
Rene
Gulfport
Texas City
U. S
0. S
Liverpool
Great
Britain
Weather report for Houston district temperatures and rain
San Antonio report lists 24 hour temperatures rainfall and general weather state for Houston district stations. Remarks say conditions are generally fair with temperatures near normal as of 8 am. Allen Buell local forecaster notes but provides no additional forecasts.
MENTIONED IN THIS ARTICLE
San Antonio
Tex
Houston
Allen Buell
Max
PtCidy xAmarillo
Ptcidy Ballinger
Clear
xCorpus Christi
Corsicana
Cuero
Dallas
Dublin
Clear O
Hastland
xFort Worth
xGalveston Ae
Greenville
Has
Nacogdoches
Paris
Pierce
Clear Temple
Clear Waco
Wee
Lear Waxahachie
Lear Weatherford
Austin
Clearing house banks show lower reserves in latest state
New York reports a week’s end condition with total reserve in excess of legal requirements at 4,553,150 dollars, down 8,591,000. Aggregate cash reserves are 437,658,000 dollars with loans around 2,043,965,000 and deposits about 31,909,913,000.
MENTIONED IN THIS ARTICLE
New York
Oe House
Montague Machine Tops Texas Office Machinery Ad
An addressing machine ad highlights Montague Machine as ideal for mailing lists. Texas Office Machinery at 206 Main Avenue promotes its products.
MENTIONED IN THIS ARTICLE
Montague Machine
Texas Office Machinery Co
Main Avenue
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