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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Sep 22, 1912
Page
15
Weather Bureau data from San Antonio Texas dated September 21 1912 shows maximum temperature 138 almanac reading 60 and 695 on 4 temperature 74 daily deficiency 7 for the month accumulated excess 135 from January. Total precipitation 54 inch normal precipitation .09 inch daily excess .45 inch.
A Chicago market summary shows export demand failing to offset heavy wheat movement with corn oats and provisions turning bearish. Wheat receipts reach 15 million bushels, Friday’s trade sees profit taking by Armour brokers, while frost delays and rains drive corn selling. Hog products stay strong with lard in demand from foreign buyers and overall declines in wheat corn and oats.
Kansas City quotations show cash wheat with No 2 hard at 89 900c No 2 red 97c to $1 0214 Corn No 2 mixed 67 68 No 2 white 70c Oats No 2 white 35 %c No 2 mixed 82 4c Close September wheat 89%c December 0c May 90% 4c Corn September 68% %c December 4c May 49%c Oats September 33c December $38%c May 3bc
Quotations listed cash prices for wheat oats and corn in St Louis with state fractions and December and May futures. No. 2 red wheat at 1.08 to 1.04 percent. oats at 38 to 46 cents. corn December 50 cents. May 51 1/4 cents. oats December 32 1/2 cents and May 41 cents.
Chicago wheat prices for September 21 show No. 2 red at 1.04 to 1.06, No. 2 hard 0.144 to 0.830, No. 1 northern 0.93 to 0.95, No. 2 northern 0.19, No. 2 spring 0.90 to 0.98, velvet chaff 0.85 to 0.92, durum 0.80 to 0.90. No. 2 0.73 to 0.73 1/2, No. 2 white 0.76 to 0.754 to 0.40, No. 2 yellow 0.74. Ats No. 2 white 0.36 to 0.31, standard 0.34 to 0.85.
In New York cottonseed prices closed firm with spot at 6.42 and active trading across months. September to March contracts moved from 6.45 down to 6.03 with numerous sales recorded including 5300 total contracts.
New York on September 21 reports steady cotton goods markets with rising inquiry for yarns and heavy goods. Wide prints firm while rib bonds gain activity. Wool markets trend higher as jobbers note steady house trade and growing interest in late goods.
ST. LOUIS reports wool prices steady with medium combing and clothing at 23 to 26 cents, light fine 19 to 21 cents, heavy fine 13 to 18 cents, tub washed 27 to 38.6 cents. Market conditions remain unchanged as buyers and sellers assess demand.
New York market notes show hide prices for Central American deliveries steady with bid levels at 26 percent 27e for hemlock firsts and 25 to 26e for seconds. Leather prices list firsts at 26 percent 27e with rejections around 22 to 23 4c.
Union Stock Yards reports a busy week as Armour Swift and Morris & Co. supply retail butchers with ample livestock. Cows sold 4.35, calves 5, hogs 8.60, with overall strong bidding and steady demand. calves and cows posted solid figures, hogs brisk, few sheep or goats offered.
A Memphis hotel proprietor cites statistics showing prime beef in London markets costing far less than in the United States and urges hotels nationwide to back free meat to lower living costs. Texas cattle leader Al McFaddin withholds figures but plans release when agitation grows.
Fort Worth stockyards report September receipts near expectations with 600 cattle and 1850 hogs. Calves sold strong at 5.00 to 7.50 with a late car at 8.00. Hogs remained active with sales around 8.65 to 8.85 and steady prices. Sheep and cattle markets showed steady activity as Pratt notes the week’s close.
Chicago market notes cattle receipts 500 head steady prices by class include beeves 5.85 to 11.00 Texas and western steers 4.65 to 9.30 stockers 4.30 to 7.85 cows and heifers 2.90 to 8.00 calves 8.00 to 11.50 hogs receipts 6000 head steady to higher prices 8.05 to 8.85 for net toned hogs pigs 5.00 to 8.00 feeder and ras figures listed. sheep receipts 2000 head market weak native lambs and western earlings and other values noted.
Receipts total 1000 cattle including 800 Texas native beef steers and 4500 hogs with steady markets. Cattle ranged 4.00 to 9.10, hogs 6.00 to 8.80, sheep muttons 3.76 to 4.00 and lambs 5.50.
Cattle receipts 1000 with native and southern steers cows and calves selling from 3.25 to 9.60. hog receipts 1200 with bulk sales 8.45 to 8.70 and pigs 6.25 to 7.25. sheep receipts 1000 with mut tons 3.60 to 4.60 and lambs 6.00 to 7.45. market steady to strong for most classes.
Copper firm with spot at 78 pounds 138 94 and futures at 79 pounds meee 188 9d. Tin steady with spot 227 pounds and futures 226 pounds. London lead at 22 pounds 10s and spelter at 27 pounds bs. Cleveland warrants 67s 6d in London.
Raw sugar values hold steady with muscovado 89 test at 3.80 dollars and centrifugals 86 test at 4.80 dollars. Refined sugar stays steady with crushed 5.80 dollars and granulated 5.10 dollars. powdered 5.20. Petroleum refined in New York and Philadelphia at 8.35 per barrel. Molasses from New Orleans open kettle at 37 2c.
Galveston shipping report lists arrivals: Iran, Gibraltar, Mexico, Vera Cruz, San Jacinto, and New York. Departures: Mora, Rotterdam, Conway, Bremen, Mercedes de Larrinaga, Manchester, Ocmulgee, and New York.
The spot cotton market in Houston Texas closed steady and unchanged with prices listed for various grades from low ordinary to middling fair. Totals show sales of 2604 bales and shipments of 35 241 while stock stood at 96 358 bales.
The piece notes improved rainfall boosts Texas farmers with cheaper grain and hay, more corn and cereals from Southwest Texas mills, and lower grain prices. It reports fruit trade activity, rising lemon prices near ten dollars per box, oranges at four dollars, bananas around three, and stable sugar prices with beet sugar less favored. It also mentions Kansas sorghum offerings and seed potato prices higher by ten cents per hundredweight.
The New York coffee market opened steady gaining 1 to 6 points, then 8 to 7 points late morning. Close was 4 to 12 points higher. Havre up 4 to % franc, Hamburg up % to % pig. Santos up 50. Rio on holiday. New York closes September 18.90 95, October 13.81 82, November-December-January 13.82 8, February 13.80 8%, March-April 13, May 13.84 86, June-July-Aug 18.83. Total sales 2800 bags.
The domestic refined sugar market held firm with refiners operating at 6.10 less two percent for cash for fine granulated. Spot raw sugar stayed unchanged at 4.66c for centrifugal 3.86c Muscovado and 3.61 for molasses. European beet sugar also steady with beet prices advancing for September and easing for October and May.
Chicago report notes butter with quotes as Butterflies and various prices for creamery and daisies. Cheese steady with bids for Daisies Twins and Long Rorss. Wisconsin and Minnesota potatoes steady with 35 car receipts. Poultry and turkey prices listed with chick ens at 14 cents and springs at 16 cents. Veal prices steady around 9 to 14 cents.
The listing shows butter at 27 cents, creamery firsts at 25 cents, seconds 28 cents, packing stock 21 cents. Extras 24 cents, firsts 22 cents, seconds 17 cents.
A terse New York field note reports 16 096 cases with unclear phrasing and stray names following a September date. the fragment obscures key details and entities.
ST LOUIS Sept 21 Quotations were as follows today poultry firm Chickens 12 1 2 c springs 16 c turkeys 16 c ducks 12 c geese 6 10 c Butter creamery 26 30 c Beersigher 21 c
New York trading notes show Rio coffee futures holding steady with March at 13.83 cents and December at 18.2 cents as markets digest supply cues.
Rough and milled rice markets were firm with strong demand in New Orleans. Receipts totaled 6021 rough and 609 Honduras sales, 686 Japan sales, and 4078 clean Honduras sold at prices around 3.85 to 4.36 per unit.
New York cotton prices eased within a narrow range for the week as weather conditions and storm warnings influenced trading. Texas picking accelerates with reports of storage in seed and uneven crop development, while spinners buy conservatively and mills maintain steady near-term demand.
New York cotton futures finished the week steady with declines from 2 to 14 points versus last week. The week’s activity shows prices easing across the board as traders assess market signals and supply data.
The New Orleans cotton market closed with a weekly range from two points up to four points down compared with last week. The closing positions varied across grades and spacings as traders assessed demand and weather factors.
Spot cotton moderate business done in Liverpool with prices unchanged. American middling fair 7.87d and good middling 7.154d. middling 6.794d. low middling 6.59d. good ordinary 6.074d. ordinary 5.594d. Sales 7000 bales, 500 for speculation and export, 4500 American. Receipts 12,100 bales, all American.
Futures opened and closed quiet in Liverpool this session with settlements across multiple forward dates. Prices show Sept at 6.554, Sept-Oct 6.42½, Oct-Nov 6.384, Dec-Jan 6.324, Jan-Feb 6.334, Feb-Mar 6.344, March-April 6.85d, April-May 6.36d, and June-July 6.37½ with minor 4d adjustments in several pairs.
New York on September 21 reports strong government bonds and varied railroad bond activity. Prime mercantile paper at fractions around 64% and 6 percent, exchange steady with bank bills quoted at 4.82 85 for sixty days and 4.85 56 for demand. Commercial bills at 4.81% and bar silver at 68%. Mexican dollars at 48%.
In St Louis on September 21 lead held steady at 5.00 to 6.02 percent and spelter remained firm at 7.48 as trading values stabilized amid market activity.
New York metal markets were dull and virtually unchanged with Lake copper quoted around 17 17 and a half cents, grades near steady. Market chatter indicates limited activity and minor price movement across copper and related metals in early September.
New York money market reports call money at 5 8 percent, time loans steady with 90 day notes at 6 4 percent, 180 day loans at 4 5 percent, reflecting unchanged rates across maturities.
Secretary Hester reports week ending figures for New Orleans cotton movement with declines versus last year and gains versus the year before. Totals for the first 20 days of the season reach 768 881 bales in sight, compared with 856 388 last year and 724 064 in 1909. Foreign exports since September 1 total 172 777 bales, with mills taking 174 030 so far.
The data shows United States port stock figures at 485 827, with interior towns at 167 162. Liverpool stock is 616 000, while American afloat stock to Great Britain last year was 178 000.
Net receipts at U S ports for the week are reported with figures from the prior year for comparison. Total receipts since September 1 amount to 569,416, against the same date last year.
Exports for the week total 171 806. Exports for the same week last year were 193 296. Cumulative exports since September 1 reach 310 854. Exports to this date last year stood at 464 250.
New York reporters note the last sale on the New York stock exchange today compared with the closing sale the previous week. The article highlights progress across various issues during the week just completed.
Weather across the Houston district shows unsettled conditions with near normal temperatures except in the northwest where deficient. Rainfall of an inch or more reported at Riverside Calico Dardanell Fort Smith Gainesville and Lake City, with 75th meridian time 8 o clock this morning as reference. Allen Bueli Local Forecaster Weather Bureau.
New York reports a revival of confidence in the steel market driven by expectations of cheaper money, foreign gold engagements, and railroads' rising earnings. Industrials show steady growth with Union Pacific and Great Northern spotlighted. Copper shares steady but muted by Utah strikes. gas stocks strong and tobacco sector in play amid new company talks.
State and trust banks in Greater New York show reserves above required levels with total excess of 7.37 million dollars up 3.75 million from last week. Loans and deposits fluctuate as specie and legal tenders shift, while aggregate cash reserves approach 413.1 million.
New Orleans prices steady as of September 21 with 112 bales on spot sales. Quotations show low ordinary to middling ranges, including strict low middling around 11 to 16 cents and middling fair near 12 to 13 cents. Receipts totaled 189 bales, stock at 29,847 bales.
Spot cotton closed steady with gains: low middling 14 15-16, mid 14 1-2, good middling 15, receipts 8217 bales, stock 201976 bales. Sales 622, 10 b 137% and other ordinary grades quoted.
Memphis farmers report oats trading steady with prices unchanged in September as traders await clearer demand signals and potential weather impacts on harvest plans across Shelby County and surrounding markets.
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