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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Sep 04, 1912
Page
9
Observations at 8 a m show air pressure at sea level with 8 bars and weather lines. Forecast through 7 p m Thursday for San Antonio and vicinity expects fair conditions tonight and Thursday, with East Texas also fair. Yesterday’s precipitation was none. normal for the day is .10 inch, total since January 1 is 16.31 inches, deficiency 4.14 inches.
Peddlers gathered around the produce market with empty wagons, noting little on wholesale markets. The cotton movement from San Antonio surges with 34,000 bales handled, and brokers record large sales as farmers convert crops to cash. A petition seeks to curb many small stands on Hay and Market plazas, arguing rents of 10 cents daily hurt market profit. Packers of pink salmon raise prices amid smaller pack, while drum supplies stay normal.
Catalog lists country produce quotes across poultry butter eggs vegetables and fruits with prices per dozen, per crate, per hundredweight and per box. Includes tomatoes cantaloupes potatoes cabbage lettuce cucumbers okra garlic cauliflower peaches apples pears corn and canned goods with multiple regional price points and measures.
Texas Office Machinery Co. at 206 Main Avenue promotes an addressing machine for mailings, endorsing Montague Machine as the best option for efficient address handling.
Prices opened lower led by New York Central American Sugar American Tobacco and Canadian Pacific. Anaconda and Mercantile Marine preferred rose slightly while Union Pacific Canadian Pacific Reading Steel and Copper edged above yesterday's close. Bond markets remained easy and money rates fluctuated before final prices settled with no major change.
Prime mercantile paper quotes 6 percent with sterling exchange weak at 4.88.65 for 60 day bills and 4.86.55 for demand. Commercial bills blank. Bar silver 62 cents, Mexican dollars 48 cents. Government bonds steady, Yaikoha bonds easy.
Money on call remains strong in New York with ruling rate at 4 percent and closing bids around 3.25 to 3.50 percent. Time loans show active demand for 60 to 180 days with rates near 4.5 to 6 percent, reflecting a robust credit environment.
NEW YORK copper futures show steady ranges with spot and September at 17.25 to 17.75, October to December at 17.32 to 17.75, electrolytic 17% to 17e, and casting 17% to 1T%. Tin eases to 47.00 to 47.34, lead steady at 4.30 to 5.00, spelter 7.25 to 7.50, antimony quiet at Cookson’s 8.45, iron unchanged. ST. LOUIS reports lead at 4.50 and speiter at 7.056.
A warning to find the old reliable Union Painiess Dentists at 322 West Commerce. Do not go to other offices. ensure you are in the right station and see the name and number to locate the correct premises.
Fort Worth stock market reports late receipts hindering trade on Wednesday. Cattle receipts 4600 with steers at $6.20 top and calves at $7.40. Hogs 1240, up to $9.30, sheep 475 steady to weak with lambs at $7.0.
Chicago receipts show cattle 18,000 with steady to 10 cent gains, hogs 19,000 with market strength about 5 cents higher, and sheep 34,090 with steady tone. Cattle ranges include Texas steers 4.75 to 6.50 and calves 8.00 to 11.75, hogs 5 cents higher with bulk sales 8.05 to 8.70, and sheep and lambs from 3.40 to 7.10 for natives and westerns.
Receipts today totaled 6 500 cattle including 2 100 Texans with native beef steers 6 50 to 10 50 and cows 3 50 to 7 50. Hog receipts 6 000 steady with pigs 6 00 to 9 00 and good heavies 8 75 to 8 90. Sheep receipts 6 500 steady with native muttons 3 55 to 3 85 and lambs 6 50 to 7 00.
Cattle receipts 13 000 with 3 000 southerns steady to up to ten cents higher native steers 6 70 to 10 60 southern steers 4 25 to 6 50 southern cows and heifers 3 25 to 5 00 hogs receipts 6 000 up five cents bulk 8 55 to 8 80 heavy 8 46 to 8 65 packers and butchers 8 55 to 8 80 lights 8 60 to 8 85 pigs 6 00 to 7 00 sheep receipts 8 000 steady muttons 3 50 to 4 40 lambs 6 00 to 7 00 range wethers and yearlings 4 00 to 5 35 range ewes 2 50 to 4 00.
Local forecaster Allen Buell notes generally fair weather as of September 4. Coffee futures for Rio No.7 show December at 19.33 and March at 12.97 with price movements reported by New York Coffee in New York.
Chicago markets show weather improving wheat futures with December at 92 to 92 cents, corn easing but flat, oats firming to 32 cents, and provisions stocks below expectations supporting prices. January pork 19.86, lard 10.95, ribs 10.37 with Dec wheat closing around 92 3/4 cents and corn at 55 1/2 cents.
Quotations listed for cash wheat and corn show various grades with prices in cents per bushel. Wheat includes No 2 red No 2 hard No 2 northern No 2 spring and durum with velvet chaff. corn prices cover No 2 No 2 white and No 2 yellow. oats figures include No 2 standard and No 2 white.
Quotations in St Louis show cash wheat No 2 red 1.00 to 1.06 No 2 hard 91 to 94c corn No 2 79c No 2 white 80 86c oats No 2 32 32 2c No 2 white 34 2c Close December 52 2c May 53c corn December 52 5 6c May 52 6c oats December 31 3 4c May 31 5 6c.
Quotations were given for cash wheat and corn with various grain grades and futures. Wheat futures closed September at 88c December 86 4c May 91c. Corn futures showed September around 70c December 50% May 50% with additional small changes.
New York opened with gains of 17 to 22 points on continued buying tied to higher Liverpool cables and crop deterioration rumors. After a midday dip, prices firmed into the afternoon, settling 25 to 31 points above yesterday's close with spot middling quiet.
Cotton futures in New Orleans opened firm with gains around 11/16 points as dry conditions in the western belt support demand. Reports from England show strong cotton goods trade while buying remains moderate and offerings thin. Weather forecasts and weekly reports lift prices, trading months up to about 26 points over the prior close.
Salesmen report light receipts and steady offerings as cotton markets hold after yesterday's rise. Cattle markets show firmer prices with ports including UV 8 continuing activity and exhibitors awaiting Fort events.
Butter steady at 23% to 26c for creamery grades. Eggs steady with 4118 cases, firsts 18c to 20c. Cheese firm with Daisies 21% 23c, Twins 15% 16c, Young Americas 15% 16c, Long Horns 15% 16c. Potatoes easy with 40 car Wisconsin 40 to 45c, Michigan 45 to 65c, Minnesota 45 to 50c. Poultry alive easy with turkeys 12c, chickens 14% to 14%?c, springs 17c. Sheep and lambs 50 to 60-pound wethers 9 to 9c.
Kansas City notes butter prices at 24c for creamery firsts 22c seconds 20c and packing stock 20 to 21c. Eggs reported extras 24c firsts 22c seconds 16c. New York reports BPegs firm with receipts 20,084 cases and fresh gathered extras 26 217c and dirties No 1 194 20c.
Pemury weak eggs. chickens 12 and 13 cents. springs 16 cents. turkeys 17 cents. ducks 9 cents. geese 10 to 10 1/2 cents. Butter steady at creamery 23 to 26 cents. Eggs firm at 19 1/2 cents.
New York report notes Muscovado raw sugar at 89 test and 3.80, 96 test centrifugal at 4.30, 89 test molasses at 3.50. Refined steady. Also lists petroleum and hides with leather firms mentioned. Industry values for molasses and other commodities indicate ongoing price stability.
Galveston reports arrivals of steamers Burstad Frontera Luckenbach Baltimore Bertha Port Limon Greystoke Castle Tampa and clearances of Bertha New Orleans Franconia Barcelona.
Cotton futures opened steady with September at 11.18b and December at 11.31b. Prices showed fractional moves across contracts with settlements near steady levels, closing with a net advance of 20 to 23 points.
Liverpool reports a firm cotton market with prices up 18 points. American middling fair touches 7.87 and good middle 6.97, middling 6.55, low middling 6.31. Day’s sales 8,000 bales, including 3,000 for speculation and export and 6,900 American. Receipts total 7,000 bales, with no American receipts.
Futures opened firm in Liverpool and closed barely steady with a list of contracts across months. Prices ranged from September 6.82, through several intermonth pairs ending with July-August 6.12.
Leading spot markets report steady prices with slight gains across grades in New Orleans on September 4. Middling at 11 1/2 cents, with various ranges listed for ordinary to good middling. receipts 1860, stocks 23,085.
Spot cotton in Houston on Sept 4 closes steady with gains ranging from 1/16 to 1/4 cent. Prices listed from low ordinary at 6 cents to good middling at 11.25 cents. Sales total 488, f. o. b 11.465, shipments 17.461, stock 60.575.
Galveston on September 4 reports spot cotton closing steady with gains. Prices range from low ordinary around 18 to good middling about 11 3/4 cents per pound, with gales affecting receipts and stocks figures noted as 401, 2788, and 9658 respectively.
Wool markets show stable prices as week closes with Wisconsin Missouri three-eights blood PNY Tada at 23 29 cents and unwashed fractions at 27 33 cents. Texas demand rises with scoured basins quoted at 54 57 for six to eight months and 60 62 for twelve months. In St Louis wool remains steady across grades with combing and clothing 23 26 and heavy fine 13 18 cents.
New York spots report quiet trading on September 4 with cotton avenue at $11.60 and middling gulf at $11.85. no sales were recorded.
Memphis cotton markets report steady spot prices on September 4 with middling grade at about 11 percent decline and overall market activity muted in the Tennessee spot market.
In Memphis on September 4, cotton seed products were quoted with prime at 5.84, 5.47. meal at 26.50, 27.00. linters at 2.50, 4.00.
In New York on September 4 cotton seed oil declined with spot prices around 6.34 to 6.60 and front months near 6.32 to 6.36. The day saw small lots sold from 100 to 300 barrels at various prices, totaling 100 in overall sales.
New Orleans reports steady rice demand with rough Honduras at 8.20 4.40 and 87 Japan at 4.25. Clean Honduras prices range 3% 4's to 4% with Japan quoted nominally. receipts total 3,165 rough and 1,362 millers’ rough sales 7,785.
The cotton goods markets opened steady on September 4 in New York. Repeat orders from the jobbing trade are reported in good volume. Silks offered for spring by prominent houses on similar basis to last year. Yarns steady and a good jobbing trade reported.
The American Snuff company announced today an extra dividend on common stock and a quarterly increase from 2% to 3% on increased earnings, with details outlined for common stockholders.
Paris reports three percent rentes at 42 francs 75 cents for the account. Exchange on London stands at 28 percent for checks with a 4 percent discount rate noted.
European Plan rates from 1 to 1.50 and up. New building with modern furnishings.Rooms available with or without bath. Spanish spoken. Proprietor Morris announces at 728 Mast Houston Street facing the Alamo and Post Office. Old hon 3099.
Buyers faced a mixed cattle run with 384 cattle 14 calves 75 horses and 142 hogs noted in the lineup. Packers and butchers feared crowding as the sale steadied with bears at 4.25 calves 5.00 and hogs 8.25 while a remainder of sheep and goats sold near 3.4.
Observations at 8 am show wind direction and velocity, temperature, rainfall, and overall weather state. Data column headings note wind direction, wind speed, temperature, rainfall, and weather condition.
In Boston on September 4 closing mining prices show Arizona Commercial at 5, Calumet and Arizona at 81 percent, Greene Cananea at 9 percent, and North Butte at 33 percent.
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