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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Sep 13, 1912
Page
11
Explanatory note outlines observations at 8 am and forecast for Friday night into Saturday. Weather map shows air pressure and temperature lines with symbols for sky conditions and precipitation. Forecast: San Antonio and vicinity fair tonight and Saturday. East Texas generally fair cooler tonight in extreme north portion.
Grain markets show lower corn and oats prices with a Chicago week low under 90 cents per bushel. Flour prices fluctuate with Pioneer and Liberty Bell rising after a prior cut. Oats sell at 45 cents per bushel as new crop arrivals ease in Texas. overall market steady but down from two weeks ago.
New York money markets show strong demand with ruling rates at 4 5 percent and closing bids around 4 3 4 percent. Time loans remained robust for 60 90 and 180 day maturities with yields near 4 3 4 to 5 5 percent.
The 24 hour period ending at 8 oclock this morning shows fair weather overall with unsettled conditions in the eastern part. Temperatures are near normal and rainfall is noted in limited areas as reported by the Weather Bureau from San Antonio Texas via local station data.
Observations recorded at 8 am Friday show wind direction and speed, temperature, rainfall, and overall weather state across five columns. Data note indicates the unusual date value and a standard format for early 20th century meteorological records.
Wheat gains supported by reports of poor German crops and lower Prussian yield. December wheat opened near 90 to 90 1 2 cents, rose through the day, closing fractionally higher at 91 1 4 cents. corn and oats firmed on buying. Protein and pork prices moved with grain trends as markets reflected lighter Argentine stocks.
Quotations from St. Louis show cash wheat No 2 red 1.01 1.08 No 2 hard 90 83c corn No 2 71% 72c No 2 white 71 8c oats No 2% 33 88 ½c No 2 white 36c close: Wheat September 91 61 ½c May 96c corn December 49 ½c May 50c oats December 38c May 34c
Kansas City quotations show wheat 84 to 90 cents for various contracts and corn around 67 to 48 cents with December and May positions. St Louis quotes list lead at 5.00 dollars and spelter at 7.365 dollars.
Fort Worth Texas buyers saw steady cattle and hog prices with beef steers up 10 cents. Top beef steer price reached 5.76 while stockers and cows held firm, calves peaked at 7.26, hogs to 9.80, and no sheep were received as cattle and calves showed modest gains. Receipts: cattle 1800, calves 1800.
At Union Stock Yards on September 13 buyers held firm as weather and forage conditions press cattle supply. Receipts reached 125 head including five calves, with a dull morning and steady cash cows at 4.25, calves 5, hogs near ninety, and sheep pending sale. Market activity lagged despite yesterday’s gains and last week’s highs.
Chicago market data shows cattle receipts around 2000 with dull demand across categories. Hog receipts near 11,000 with steady to slight higher tone. prices range light to bulk about 8.30 to 9.00 for hogs. Keep cattle receipts about 10,000 with steady bids for natives, westerns, yearlings and lambs noted with price spans.
Receipts at St Louis totals 2500 cattle including 1000 Texas with markets steady. Native beef steers 5.50 to 7.70, cows 4.00 to 8.75, stockers 3.75 to 7.25. Hogs 4500 with prices from 6.00 to 9.05. Sheep 3000 with native muttons 3.75 to 4.00 and lambs 5.50 to 7.35.
Cattle receipts 2000 with native and southern classes showing steady to mixed values. Hogs receipts 2000 with prices firm to slightly higher across bulk, heavy, packers, and pigs. Sheep receipts 4000 with market steady, lambs and range stockers priced in the 3.56 to 7.40 range.
Quotations for wheat corn and oats listed with multiple grades and price ranges. Cash wheat No 2 red No 2 hard No 1 northern No 2 northern No 2 spring velvet chaff durum plus corresponding corn and oats prices. Prices expressed in cents per bushel with decimals.
Prime mercantile paper stands at 5 4.6 percent with sterling exchange steady at 4.82 65 for 60 day bills and 4.85 50 for demand. Commercial bills blank. Bar silver quoted at 62 43 cents. Mexican dollars at 48 9 cents. Government bonds strong while railroad bonds show irregular activity.
Spot cotton in Galveston on September 16 closed firm with an advance of 1 16 cent. Prices ranged from low ordinary 7 16 to good middling 11 16 with middling at 11 and higher grades at 11 1 2 percent. Sales totaled 200 spot units and 1750 for f. o. b. receipts reached 23 342 and stock stood at 173 428.
Copper in New York on Sept 13 shows quiet trading with standard spot and contracts for September and October at 17.25 to 17.45 dollars per unit. November bids range 17.25 to 17.50, electrolytic at 1746 17%c, lake at 17% 17%e, casting at 17% 117 ke.
The cotton market rose after early losses as fear of gulf storm damage and buying for long positions supported futures. New York led gains near midday with 14 to 21 point advances as spinners showed demand and weather concerns persisted.
The New York cotton market opened steady with January at 11.53 and December around 11.58 59, later closing firmer. Prices showed ranges from 11.41 to 12.68 across months with notable activity in January February and July contracts as investors weighed demand and supply factors.
New Orleans cot ton futures opened steady with a small decline of 1 to 6 points as weather maps show little overnight rain in the eastern belt. A gulf storm warning kept some selling in check while attention turned to the disturbance moving toward Mississippi Alabama and Louisiana. By midmorning quotes were down 6 to 6 points and by 2 pm the market rebounded to 16 to 17 points above yesterday's late prices.
Market activity shows cotton futures closing steady with a net advance of about 22 to 23 points. Prices across months range from the low 11s to the high 12s with scattered bids and occasional listed asks reflecting market volatility.
Liverpool cot ton market closed with moderate business and mixed shifts. American middling fair stood at 7.41 pence, and good middling at 7.11 pence, with total 7000 bales, 6500 of which were American. receipts 1000 bales, no American among them.
Futures opened firm and closed steady in Liverpool on September contract pricing. Prices listed show successive near term and prompt-month differentials from September through July August, with values around 6.3 percent and small fractional adjustments.
Cottonseed products from Tennessee pivot on a prime basis of six point five to six and a half dollars per unit. Report notes price ranges around 26.50 to 27.00 with small gains amid early market activity.
In New York on September 13 cotton seed futures held steady while spot bids hovered around 6.46 with continuous contract levels listed from September to May. Trading included multiple lots sold at 6.45 for September and 6.26 for October, with totals noted for several months and additional December and March activity.
New York markets opened with General Electric the sole stock showing a uptick. Trading was light with an irregular tone as money rates dominated. local banks drew cash to the sub treasury, signaling a possible deficit in tomorrow's bank statement. Southern Railway preferred led gains with a 24 percent semiannual dividend restored, and the list overall strengthened by day's end.
The report lists cotton classifications for Orlestes with price bands and quality grades ranging from low ordinary to good middling. Various figures show nominal values and strict grades, including middling and good middling in the 7-16c to 12c ranges.
A brief record notes interior receipts in Houston Texas for the year with figures showing eighty two thousand four hundred and ninety nine dollars and change. The fragment references total receipts and location but lacks full context or dates.
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