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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Sep 11, 1912
Page
9
The Weather Bureau forecast unsettled conditions for San Antonio and vicinity tonight and Thursday with showers in East Texas north portion. Cooler tonight in northern areas. Precipitation yesterday was none, normal for the period.
Leom values jump to 8 dollars per box on the real produce market with claims the advance may hold into tomorrow. Traders cite California crop issues and a tightening supply. Butter shortages persist while beet sugar shipments for 1912 begin late month, and lima beans face 30 percent crop damage with higher prices expected.
Quotations show butter steady with creamery and dasies prices around 24 to 28 cents, cheese weak with daisies at 15 to 14 cents, and living poultry and veal steady to easy. Receipts include 651 cases for marriages listed, with various grade prices for eggs and potatoes across Michigan Minnesota and Wisconsin markets.
Poultry prices were weaker with chickens at 12 cents, springs 15 1/2 cents, turkeys 16 cents, ducks 9 12 cents, and geese 6 to 10 1/2 cents. Butter rose with creamery at 25 2/3 cents. Eggs held at 20 cents.
New York reports strong egg market with receipts totaling 14,373 cases. Fresh gathered extras bring 2,847 cases at 29 cents.
Kansas City report notes butter and eggs are steady with no price change as of September 11. Local market activity shows stable tones for both commodities despite broader supply signals.
Raw sugar remains steady with Muscovado at 3.86 cents per pound and centrifugal 4.36 cents for 96 test. Molasses sugar 89 test at 3.61 cents. Refined sugar, petroleum, molasses, hides and leather show firm pricing in today’s market update from New York.
New Orleans reports firm rough rice and strong active clean rice with receipts of rough 5215 and clean none. Quotations show rough Honduras at 4.00 to 4.27, clean Honduras at 4.00 to 4.40, and Japan offerings around 3% to 4s with varied sales figures.
New York dated report notes Amoskeag dress ginghams opened for spring on the same price basis as last year. Cotton goods hold steady with moderate demand at first hands. Jobbers report solid house trade. Men's wear prices show firmness with staple items inactive.
Union Stock Yards reports September 11 with 400 total head including 145 cattle 75 calves 110 horses and 80 hogs. Cows to 4.25 calves to 5 hogs to 8.50 and 8.00 8.26 range. no sheep or goats offered. market steady to active with good season both hogs and cattle.
Ed Lasater attends Texas Cattle Raisers Association meeting in Fort Worth and predicts no further gains for beet steers this winter though local stockmen expect a market upturn due to higher consumption and light receipts. Hog prices reach 9.40 a hundredweight, a multi year high, while journalists cite hog demand and limited mature hog supplies as price drivers. Other ranchers from Webb, Uvalde, and Del Rio regions discuss cattle feeding trends and winter grass prospects.
In Fort Worth on September 11 hogs topped at 9.40, calves at 7.40, while beef steers sold around 5.10 with a 6.50 top for one load. Cows reached 4.55, stockers steady, heifers and bulls scarce but steady. Hogs up a nickel, sheep steady with lambs at 7.50. Receipts: cattle 2800, calves 1700, hogs 725, sheep 511.
Chicago. Sept 11. Receipts today Cattle 15000 market steady to ten cents lower. Hogs 20000 market slow and strong. Sheep 33000 market steady. Cattle and hog price ranges listed for Reeves, Texas and western steers, stockers, cows, calves, hog classes, and sheep including native, yearlings and lambs.
Receipts today include cattle 6000 with natives and southerns market up to 10 cents higher. Hogs 5000 with bulk sales at 8.55 to 8.85, heavy 8.40 to 8.65. Sheep 8000 with market 10 to 15 cents higher. muttongs 3.60 to 4.50, lambs 6.25 to 7.40, range sheep 2.50 to 4.25.
Cattle receipts 6000 with 500 Tex as, market steady. Native beef steers 5.50 to 10.50, cows and heifers 4.00 to 8.75, stockers 3.75 to 7.26. Hogs receipts 5500, market ten cents lower, pigs 6.00 to 9.15, mixed and butchers 8.85 to 9.15, good heavy 8.80 to 9.00. Sheep receipts 5500, market steady, native muttons 3.25 to 4.00, lambs 5.56 to 7.36.
Chicago market reports favorable spring weather dampening wheat demand with cash sales the lightest in some time. December wheat opened around 90 to 90 cents, then eased. Corn fell on frost relief and heavy rains abroad with December near 58 to 53 cents. Oats opened around 32 to 34 cents, ending lower. Provisions held firm due to hog strength with January pork about 18 dollars and ribs near 10 dollars.
Reporting from New York on Sept 11, the cotton market opened steady after a decline as Liverpool cables weighed on prices. December contracts touched 11.22, then advanced to near last night’s close before shifting to a modest gain as bullish crop outlooks and ginner association estimates boosted demand.
Cotton futures in New York opened steady with mixed bids for January to December contracts and closed firm. Prices showed narrow ranges with March and May bids around 11.26 to 12.80 and October near 11.98, reflecting light activity and cautious trading.
Washington dispatch notes a seven percent drop in average farm prices from August 1 to September 1, 1911, across key crops including corn wheat oats barley rye flaxseed potatoes tobacco cotton and hay. Prices on September 1 were 2.8 percent below last year and show higher levels than 1910 1909 and 1908.
New Orleans Sept 11 cotton futures opened with a small decline on weak cables and rains across the Atlantic region. Traders noted unsettled weather forecasts and strong private crop reports propping up buying. By noon prices rose to 9 points above yesterday's close before fluctuating in the afternoon.
Wool markets in St Louis on September 11 reported steady prices across drum grades. Combings and clothing fleece quoted at 24 2ec, light fine at 19 2ic, heavy fine at 13 5ec, tub washed at 27 3ec with no major shifts noted.
Quotations show cash wheat and corn prices for various grades and qualities. Wheat includes No. 2 red No. 2 hard No. 1 northern No. 2 northern No. 2 spring Velvet chaff durum with corresponding cents per bushel. Corn lists No. 7 4% No. 2 white No. 2 yellow, oats No. 2 and No. 2 white with price ranges.
Weather unsettled with some rain in eastern area. Temperatures above normal. Rainfall of an inch or more reported at Allendale Blackville Waynesboro Charleston Eastman St George Lake City Madison Savannah and Thomasville according to Allen Buell local forecaster.
The report shows cash wheat prices for No 2 red at 1.03 dollars, No 2 hard at 90 to 92 and a half cents, No 2 orn around 76, No 2 white about 78 to 84 cents. Oats No 2 at 82 to 84, white at 34 percent.
In New Orleans on Sept 11 cotton futures opened steady with September at 10.93 and moved through October 11.07 08 December 11.19 20 January 11.23 24 March 11.39 and May 11.49 61. closes showed a net advance of 16 to 19 points with varied session highs and lows.
Spot cotton in Liverpool slipped as American middling fair quoted at 7.364 pence per pound. Overall sales reached 7000 bales with 700 for speculation and export, including 5500 American. Receipts totaled 4000 bales with no American origin among them.
Futures opened and closed steady with a sequence of rates listed from Sept 6 to July-Aug, including Sept-Oct at 6.16 and Dec-Jan at 6.08. The report notes bid ted at July-Aug with no final value.
Leading spot markets report steady cotton prices in New Orleans on September 11 with bids and sales totaling 550 and receipts at 476. Prices for varieties range from 10 1/2 to 12 1/2 cents with several intermediate grades listed and stock noted at 24,1.
Quotations today show cash wheat at No 2 hard 7 8 usec No 2 edge 1.01 mixed 7 ic No 2 white 74% New oats No 2 white 34 5c Close Wheat September 184c December 85%c May 90c Corn September 1914 69%c December 48c May 48 4s%c Oats December 32c May 34
Spot cotton closed steady with fractional rises across grades. Low ordinary 6 to 7 cents, good ordinary 8, low middling 10, middling 11 cents, good middling about 11.5. Sales 40, shipments 16,382, stock 68,748.
The U S Department of Agriculture reports a projected total cereal production of 133,016,000 tons led by corn spring wheat oats barley rye and buckwheat. The 1911 harvests would be 20.3 percent above last year and 16.2 percent above 1909 with potatoes hay also rising. August continued favorable for crops and overall conditions were about 16.5 percent better than a year ago.
Spot cotton in Galveston closed steady with grades listed from low ordinary to middling. Sales reached 182 bales, receipts reported at 15 549, with 6 424 bales leaving for export or storage.
In St Louis on September 11 the lead price stood at 5.02 percent and spelter traded strong at 7.20, indicating firm metal markets for the day.
New York stock market opened with a broad downturn as call money rose to 4% and later 5%. Canadian Pacific fell while Harvester and Amalgamated issues gained modestly. The weaker tone spread across sectors with declines mainly 1 to 2 points and bonds easing.
Money on call strong with ruling rate 4 percent and closing bids at 4 percent. Time loans show firmness with 60 days at 5 and 90 days at 6 percent. Six months at 5 percent.
New York markets show prime mercantile paper at 5 to 6 percent with sterling weak. Bankers' bills bid at 4.83 for 60 days and 4.5 percent on demand. Bar silver at 62 1/2 cents, Mexican dollars at 48 1/4 cents. Government bonds steady while railroad bonds soften slightly.
Copper firm on spot and futures with September and October bids around 17.3 to 17.4 per pound. Tin holds near 48.4 to 48.6 per pound with September and October quotes. Lead steady around 5.00 to 5.25, spelter noted at 7.50, Antimony quiet at 8.45 per Cookson’s, iron unchanged.
London market notes copper steady with spot at 78 pounds 10s and futures 79 pounds 6s. Tin dull with spot 220 pounds 10s and futures 217 pounds 15s. Lead at 23 pounds, spelter 26 pounds 15s. Tron, Cleveland warrants 656 724 in London.
Spot cotton in New York on September 11 closed quiet with middling uplands at 11.65 and middling gulf at 11.90. No sales recorded.
Memphis Spots offers unchanged prices with middling cotton at 11 and three quarters cents, reflecting stable demand in the city market on September 11.
In Memphis Tennessee on September 11 prime basis notes show letters at 47, meal priced around 26.60 to 27.00 per unit, linters at 21.9 to 4c.
Regina reports the provincial Agriculture Department estimates the 1912 crop yield at 228,466,114 bushels across all grains, marking an increase of about 15,000,000 bushels over the 1911 harvest.
New York Sept 11 price report shows futures for September through February with quotes around $6.40 to $6.55 for September and $6.46 to $6.45 for October, 400 lots at $6.45, November $9.96, and December $5.96 to $5.98. Total sales amount to 1800 contracts with some January and February activity noted.
In New York on September 11 coffee No 7 Rio futures held steady with December March and May contracts quoted at 13.88 cents per pound. The report notes firm sentiment in trading as buyers and sellers keep prices tight.
Galveston Texas September 11. Arrived yesterday steamers Bluefields Nov Port Lemon Senator Nov Frontera Nicaragua Mex Tampico. Sailed yesterday steamers Caye Gitano Br Rotterdam via Newport News F J ueckenbach Baltimore Indiana Br Breemen.
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