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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Sep 11, 1911
Page
11
Cattle across divisions show strong demand with top cows at 3.60 and calves at 4.25. Hogs around 100 head slow, declining to 6.75, while buyers initially held for steady numbers. Sheep and goats offered but unsettled on price at noon.
Telegram from Charles T. McCain announces the death of Colonel George R. Barse, a leading cattleman and pioneer in the livestock commission business. George W. Saunders sails for Fort Worth to aid the high cost of living conference called by President Lasater. Ameri Kern heads to Fredericksburg for the Gillispie county fair and business matters. Newcomers John Newcommers and EB. C. Goard arrive at the stock yards as notable consigners to the San Antonio market.
John Hartman of Hondo sold two carloads of butcher cattle on arrival as cows averaged around 3.55 and heifers about 3.60. F Crenridge of Fredericksburg reported fancy prices for a mixed herd, while Henry Evers and sons observed the day in San Antonio with other stockmen from Shiner Kerrville Throckmorton Laredo Devine and nearby hotels.
Wheat prices fell as large world shipments including Danube inputs weighed on markets. Berlin weakness reinforced bearish sentiment while Liverpool stocks rose slowly and demand lagged. December opened down and closed steady slightly lower. corn showed a weaker finish.
Receipt figures report 43 contract cars and 396 contract grade wheat, 111 of yeast tract grade, 161 of other grades. Total wheat arrivals at Chicago Minneapolis and Duluth reach 843 cars, down from 994 cars a year ago and below last week's holiday level.
Quotations for cash wheat and corn delivered in Chicago today. No. 2 red wheat 93 94c, No. 2 hard winter 96 98c, No. 1 northern 1.05 to 1.09, No. 2 northern spring 1.02 to 1.07, No. 2 spring 98 to 1.05, velvet chaff 80 to 1.04, durum 90 to 1.02. Corn No. 2 white 66 67c, No. 2 or S794 0. Oats No. 2 white 44 to 45c, standard 44 %c.
Fort Worth Texas September 11 hog receipts 1600. Cattle receipts 4000 slow to lower with steer stockers and feeders weak. Cows 10 to 15 lower bulls 85 to 90 cents lower calves steady to active. Hog top at 7.65 with bulls at 7.15. Sheep none. Today’s cattle sales noted in market report.
Chicago market reports show cattle receipts about 23 000 with steady prices ranging from 2.25 to 9.00 for cows calves and steers. Hogs receipts about 23 000 with mixed to high bids from 4.75 to 7.60 and bulk sales near 6.95 to 7.35. Sheep receipts about 40 000 with steady to slightly lower values from 2.25 to 5.75 across natives western yearlings and lambs.
Cattle receipts 23 000 with southern and native categories steady to ten cents lower. Native steers 5.25 to 8.00, southern steers 4.00 to 5.50, cows and heifers 2.75 to 4.50, stockers 3.25 to 5.75, bulls 3.00 to 4.40, calves 4.00 to 7.50. Hogs receipts 6 000 with markets 5 cents higher. bulk 7.15 to 7.30, heavies 7.10 to 7.30, packers 7.15 to 7.35, lights 7.10 to 7.30. Sheep receipts 12 000 market steady. muttons 3.00 to 3.75, lambs 4.50 to 5.60, range wethers 2.90 to 4.25, range ewes 2.50 to 3.75.
Receipts total about 9000 cattle including 3500 Texans with steady market. Native beef steers 4.50 to 8.00, cows and heifers 3.00 to 7.50, stockers 3.00 to 5.00, calves 4.00 to 5.50. Hogs receipts 5000 with steady market. pigs and lights 4.50 to 7.00, packers 7.36 to 7.45, butchers 7.25 to 7.45. Sheep receipts 3500 with steady market. muttons 3.25 to 4.00, lambs 4.00.
Spot cot ton in New Orleans is quiet and unchanged with 231 sales on the spot to arrive 30. Grade pricing ranges from low ordinary at 8 7 16 to good middling at 12 7 16 with several nominal or strict variations. Receipts reach 959, stock at 25,072.
By the Associated Press Memphis Tennessee report shows spot cotton steady with middling grade at 12 3/4 cents.
Damaged text fragment shows scattered letters and stray phrases likely from a local notice or brief. No coherent event or names are readable to identify a specific person, place, or action.
In New York on September 11, reports indicate refined sugar prices have fallen to 5 cents per hundred pounds across all states, signaling a broader decline in sugar costs.
Spot cotton closed quiet in New York on September 11 with a 20 point drop. Middling upland quoted at 11.80 and middling gulf at 12.05 with sales figures omitted.
The New York market opened with solid gains led by Canadian Pacific and several industrials as trading quickened. By midmorning losses spread across railroads with United States Steel and Lehigh Valley among the fallers, then a partial rally curb the declines before a choppy close.
Money on call remains steady at 2 1-4 to 2 1-2 with a ruling rate of 2 3-3. Time loans hold firm with sixth days at 3 1-4 and six months at 3 3-4. Bar silver quotes at 52 1-4 cents, Mexican dollars at 45 cents. Government bonds and railroads show a heavy, steady tone.
Cotton opened steady with a 4.7 point decline on lower cables and selling. Bulls supplied support, pushing near last Saturday's finish, but selling resumed, with active months off about 9 to 10 points from last week's close. Southern buyers remained light, and Liverpool cited Moroccan concerns as weakness. Spot markets softened. December around 11.40 cents.
Cotton futures in New Orleans opened 5 to 7 points lower on weak cables and broad selling from bears and spot traders hedging. By noon prices were 16 to 18 points under Saturday, with afternoon shorts driving a broader decline before the market closed 3 to 11 points lower.
Futures opened steady as markets listed quotes for September October December and March contracts. Prices shown include 11.87 for October and 11.59 for March with additional bids around 11.40 to 11.70 across nearby months.
Liverpool cot ton market notes fair demand with prices up several points. American middling places at 7.54 to 7.88, sales total 9000 bales including 7900 American, receipts none. Futures opened easier and closed steady with multiple spread figures listed for Sep through Jun.
About 25,000 workers in the New England textile industry returned to work today after idle periods. In eight days 85,000 operatives have been called to machines, though the district’s mill situation remains uneven with continued curtailment at cotton and wool centers including Fall River where last week 25,000 pieces of cloth were kept out of the market, over half the normal production.
A national conference of food manufacturers, wholesale and retail grocers will be held to brainstorm cheaper food distribution methods. John A. Green urges early dates. four major associations may attend along with numerous factors from the industry. Consumers’ spending and delivery practices are cited as key drivers of rising costs.
Memphis market update dated September 11 records prime basis oil at 5.46 6.47 cents, meal at 25.50 dollars, and lint prices at 2% 3% cents.
W T Way of the Goodall Russell company urges ranchers to prepare pastures now for fall sowing after a severe drouth. He highlights Bermuda grass with clover for summer and Bermuda for rough soils, noting Rescue grass sown in September aids winter and spring grazing, and cites Texas blue grass lespedera clover red top and other adaptable species.
The Texas Cattle Raisers association executive committee adopted a conference program this morning in Fort Worth. President E C Lasiter will preside with addresses by Clarence Ousley editor of the Fort Worth Record and J C Terrell of San Antonio.
San Antonio markets report grapes as the cheapest fruit yet the heaviest supply of the season with strong demand across all buyers. Prices quoted include todays area $1.26 and whites $1.26, black grapes $1.15, while sugar markets look firm with forecasts of further rises. George Sgitcovich and company received cars of bananas and California grapes.
Retail dairy products show steady prices with country butter at 14 20c per pound and fresh candled eggs at 14 165c per dozen. Cheese remains firm with varieties including cream 12%c, brick 20c, American Swiss 24c, imported Swiss 31c, and Limburger 20c. Poultry also steady with large choice hens $6 per dozen and various spring hens and guineas priced per dozen. turkeys at 14 15c per pound.
Quotations show butter at 21 26 cents for creams, 18 24 cents for dairies. eggs receipts 5799 cases with firsts at 18 19 4 cents. Cheese steady with several brands listed. Potatoes steady with Minnesota prices 1.00 to 1.05, Wisconsin 90 to 95 cents. Live cattle steady with various weights, turkeys fowls and veal prices noted.
Quotations show poultry firm with chickens at 10c and springs at 11igc, turkeys at 15éce, ducks and geese around 5c. Butter steady with creamery at 20 26c, eggs higher at 17%c.
Kansas City market notes show butter at 25 cents for firsts 23 0, seconds 21 0, packing stock 16 ½. Eggs steady with extras 21 ½, firsts 18 ¼, seconds 12 ½.
New York AP dispatch notes steady market with receipts of 11 729 cases. Freextras per dozen fetch 25 to 27 cents and firsts sell with season's storage charges around 20 2 cents.
In St. Louis the market opened with lead at 4.40 and spelter at 5.95 as prices edged higher. The brief report notes the two metals showing early upticks with no further details on transactions or suppliers.
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