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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Sep 08, 1911
Page
11
Sept 8 at Ginger Union Stock Yards reports a short session with under 100 head on offer. Buyers crowded the yard seeking limited supplies as cattle sold at season high figures and experts expect Monday to open with strong prices for desirable cattle. Cow sales topped $3.70, most at $3.25. calves to $4.75, generally $4.26. Porker pens were vacant.
The Daily Oklahoman argues that sheep can yield profit on American farms without tariffs, noting British reliance on sheep and mutton demand. It urges Oklahoma farmers to prepare by fencing, training, and starting small with a flock to capitalize on the sheep industry even if wool profits falter.
New York on September 8 reports prime mercantile paper at 4% per year and Sterling exchange steady with bankers bills at 4.83 1/4 for 60 days and at 4.86 0/5 for demand. Bar silver cited at 52 1/2 and Mexican dollars at 45. Government bonds steady while railroad bonds were heavy.
The Associated Press reports cash wheat steady with No 2 hard at 91 97c and No 2 red 88 1-2 89 1-2c. Corn rises modestly with No 2 mixed and No 2 white at 64 1-2c. Oats show tiny gains. futures close with September wheat at 94% ec and December near 99% ec.
By the Associated Press in New York on September 8 prices show hides easy, leather, molasses and rice steady, turpentine quiet, raw sugar strong, Muscovado 89-test 5.25c and 96-test 5.75c, molasses 9-test bc with 11,000 bags sold, refined strong.
Dry goods jobbers report steady trade across departments in New York with fair orders for prints, percale, and fancy goods for future delivery. Fall underwear demand rises and inquiries for staple goods improve as retailers show cautious buying for later shipments.
Spot cotton finished quiet and 20 points higher with middling uplands at 11.90 and middling gulf at 12.15. Sales totaled 134 bales.
Justice Bywaters set a court in Von Ormy for tomorrow and said he asked the sheriff to send a fearless deputy to enforce the court orders. He noted a capable deputy within four miles but no one would be sent from San Antonio to handle a tough element and deter attorneys who tried to intimidate the court.
Bearish cables push Chicago wheat lower as Russian Indian shipments rise and Argentine supplies stay ample. December opens down to 96 1 4 cents, later easing to 95 3 4 97 1 8 with a 3 8 cent loss by close. Corn dull on news of French import duty doubt while oats slide and hogs firm slightly on light demand. Final: December corn around 63 1 2 cents, December oats near 45 46 cents, pork futures mixed.
Wheat receipts reached 82 cars with 27 contract grade, while corn totaled 415 cars including 116 contract grade. Oats were 164 cars. Overall wheat arrivals at Chicago Minneapolis and Duluth today were 420 cars, down from 434 a week ago and 621 on the same day four years ago.
The Associated Press reports Chicago cash wheat and corn quotes. Wheat prices range across grades with No. 2 hard winter No. 1 northern and No. 2 spring listed. Corn No. 2 and No. 2 white both at 66 1-4 cents. Oats No. 2 white at 44 1-2 to 45 cents.
St Louis price list shows cash wheat firmness with No 2 red at 92 1 2 cents and No 2 hard at 101? to 102 cents. Oats weaken and oat prices uneven with No 2 oats at around 44 1 2 cents and white oats near 44 1 2 cents. December and May futures quoted with December wheat at 92 1 2 to 95 cents and May contracts showing weakness.
The hog market rose 5 to 10 cents after a week of declines. Top price 7.65 with bulk sales 7.10 to 7.50. receipts 1000 hogs. Cattle receipts 3400, steers 4.25 to 5.50, stockers 3.50 to 4.25, cows 2.25 to 4, bulls 3.10, calves 4.50 to 5.50. Sheep receipts 1200.
Chicago cattle hogs and sheep markets report receipts around 1000 cattle 10000 hogs and 10000 sheep with markets steady to up a little. Cattle and calves range from 2.25 to 9.00 for various classes. hogs mix 4.75 to 7.55 with most sales 6.95 to 7.30. sheep and lambs tradings noted with native and western grades and yearlings quoted up to 6.00.
Kansas City market report shows cattle receipts of 1000 with strong demand and price ranges for native and southern cattle, stockers, and calves. Hogs receipts at 3500 with steady market and price bands for bulk, heavy, packers, and lights. Sheep at 8000 with steady prices for muttons lambs and range categories.
Receipts total 2200 cattle including 500 Texans with market steady. Native beef steers 4.50 to 8.00, cows and heifers 3.75 to 6.60, stockers 3.00 to 5.50, Texas steers 4.00 to 7.00, calves 4.00 to 5.50. Hogs receipts 6000 market steady, pigs 4.50 to 7.00, packers 7.30 to 7.45, butchers 7.30 to 7.45. Sheep receipts 2000 market steady, native muttons 3.25 to 3.75, lambs 4.00 to 6.25.
Shawnee Oklahoma September delegates of the farmers national union leave meeting place selection to the executive committee. No choice made and no decision until next summer.
New Orleans rice trading activity shows no change with receipts totaling 397 from yesterday. Sales included rough Honduras at 2.00 to 3.25 cents, clean at 1.25 to 2.25 cents, and Japan at 25.3 to 25.6 cents. allocations list rough Honduras 2.00 to 3.25 cents and Japan 2.3 to 2.6 cents.
An unreadable despatch from St. Louis notes a wool firm dealing in clothing fabrics and washed tub items with weights listed as 11 pounds and 26 21q.
Early trading showed continued stock declines with several issues hitting new yearly lows. U S Steel fell to 69 while Canadian Pacific, Southern Pacific and Great Northern preferred eased, and bear tactics weighed on St. Paul, Reading, and Union Pacific. A rebound attempt followed but the market stayed weak as government crop figures depressed confidence.
The New York cotton market opens steady with prices down 8 points on October but trading 1 point higher. Reports show a September 1 census of 771,414 bales, larger than expected, underpinning renewed buying while southern spot markets stay firm.
New York futures showed a steady start with small changes across months including January around 11.63 to 11.64 and May near 11.72. Trading showed slight fluctuations with near terms in the 11.5 to 11.8 range and settlements hovering just above 11.60.
Cotton futures in New Orleans opened steady then advanced 1 to 3 points on rumors of army worm damage in Mississippi and Alabama, bearish census, and improved demand. Ring traders booked profits early, and by noon prices rose to 12 points over yesterday's close with late gains about 14 to 15 points as weekly spindle takings supported buying.
A series of dated figures appears to list September October December January March and May values. The exact context is unclear but the entries focus on numerical rates or prices with units implied by the surrounding text. The fragment preserves dates and corresponding figures for potential financial tracking.
Liverpool Sept 8 Closing spot cotton shows strong demand with 10 000 bales traded. American mids and categories rise with pending futures steady. sales included 8800 American and 500 for speculation and export. Futures list a range from 6.16 to 6.32 in various month spreads.
Galveston and Houston markets show steady prices in leading spot markets. Middling sales data appear with eelBLe182,923 and -.-12.008,601 figures across the listed markets.
New Orleans report shows spot cotton firm at 1-16 to 18-8 cents with various grade quotes and receipts totaling 810 and stock at 28,599. The list includes low ordinary 8 7-16, good middling 12 1-8, and middling 11 7-8 cents with arrivals and on‑hand stock noted.
In Memphis on September 8 spot cotton is reported steady with middling grade at 12 1/2 cents. The market shows no change in price from prior quotes.
Houston market reports steady spot cotton prices with a 4 cent rise and lint values up 11 percent as buyers monitor futures.
One hundred thousand pineapple slips are being shipped from Cuba to restore and rebuild groves in Florida. The E O Painter Fertilizer Co will distribute slips to growers, with seventy five thousand more slips also sent from Cuba to Gahaman Island plantations. A revival in the industry appears probable within a year or two as quality and prices improve after years of decline.
Memphis dispatch records prime basis of 5.06, meals priced at 26.50, and linters at 2 percent with small variations noted.
New York on September 8 reports cottonseed oil trading with early open and close figures. Market notes show prices around 6.50 to 6.60 for near terms and 6.15 to 6.26 for later months, with slight variations across contract windows.
The ginners' report shows record cotton ginned but prices rise as market activity strengthens across ports. Army worm damage alarms Oklahoma and Mississippi, with Texas movement remaining intense. Liverpool closes higher as U S ports report large imports, exports, and daily receipts featuring Galveston and Houston volumes.
Local jobbers report a ten cent rise per hundred pounds on all grades of refined sugar, raising granulated sugar to 7.40 per hundred pounds and fueling expectation that next week’s quotation may reach 8. Authorities warn a global supply squeeze driven by crop shortages could keep prices high. Reports of beet root tests and crop prospects suggest continued volatility in sugar, butter, and canned salmon markets alongside firm or rising prices in northern markets. Local San Antonio jobbers indicate light butter stocks adding to price pressure.
Prices on all grades of dried beans are seen fluctuating between now and the new crop harvest. Brokers quote wide local variations with California at 6.50, California bayos 5.75, il 7.75, garabanzas 5.50, navies and blacks eyes 6.50, reflecting a broad market spread.
Prices to shipper minus commission show steady markets for cheese creamery and butter with varied per pound rates. Poultry remains steady with hens, springs, guineas, ducks and turkeys quoted by dozen or pound, reflecting current meat prices and supply.
Butter steady with creameries at 18 26 cents. eggs steady receipts 6875 cases with firsts at 17 19 cents. Cheese steady with Daisies 13 60 and Young Americas 13 4 percent. potatoes easy with Minnesota prices 1.00 to 1.05. poultry live steady turkeys 11 to 12 cents. veal steady with weight-based prices 8 to 11 cents.
Eggs firm with fresh gathered prices quoted at 25 to 27 cents for extra, 23 to 24 cents for firsts, 21 to 22 cents for standard grades. Receipts total 11,855 cases as state Pennsylvania and hennery whites show variety across sizes and qualities.
Kansas City prices today show butter at 25c for creamery, 23c for firsts, 2c for seconds, packing stock 164c. eggs at 21c for extras, 18c for firsts, 12c for seconds. Associated Press dispatch from Kansas City dated Sept 8.
Prices from St Louis market show poultry and eggs steady a few items with slight shifts in butter and ducks reflecting midmonth trading. Ducks near 9, butter 20 to 26 cents, eggs around 12 cents, chickens logs are listed with modest variations.
In New York on September 5 trading showed offerings absorbed with near term firmness and a dispute over grades of coffee tendered contracts. Sales reached 113,750 bags as Rio No. 4 and Mild grades remained steady amid a firm near term outlook.
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