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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Sep 23, 1911
Page
7
Week ends quietly in local live stock market with little purchase activity. Cattle demand remains steady with good heavy stock. hogs show dismal prices, top at 6.85, majority around 6.50, packing plants reluctant to bid higher amid ample supply.
An interview with Cudahy of Omaha argues packers have aided farmers this year but deserve profits next year amid hog supply, labor, and political unrest. He cites hog prices, hog cholera, and a ratio of hogs in Germany, noting Germany 1900 had 16 million hogs rising to 22 million in 1907. The piece also mentions stock exchanges, local figures Ike Pryor and L C Johnson, and updates on Winton Stock Yards San Antonio and Union Stock Yards Columbusの日.
A brief, fragmentary line from the Associated Press dateline Sept 23 reports Prime note not fully captured with missing details, leaving the event and specifics unclear.
Cottonseed oil prices posted today with bids and offers across multiple delivery months. Quotations shown include mixed figures for September and November contracts, reflecting market activity.
In Yakum Texas Frank Polka and C W Richmond will open a tin and plumbing shop October 1 in the new S A Crane building on Hugo Street. FP Monk & Co will also open a tin and plumbing shop in the new H Mylous building on Grand Avenue.
The Associated Press reports Chicago wheat and corn markets showing a quiet gain with shorts covering. December wheat opened around 98 to 98 1/2 cents, slipped, then rallied to near 98 3/4, while corn firmed on shorts covering. Pork and ribs traded firmer on week-end covering. January pork at 15.25, ribs at 8.05.
Receipts to date show 918 cars of wheat moved through Chicago Minneapolis and Duluth, up from 521 cars last week and 678 cars on the corresponding day last year. Details list contract grade and total cars received, with figures for Schea Illinois delivery.
Quotations show No 2 red cash wheat at 95 6 7 6c No 3 reeter 98 16 dollars No 1 northern spring 05 1 11 percent No 2 northern 1 10 percent No 3 spring 1.02 Servet chaff 80 1.04 dollars and related white and yellow standards with assorted values.
The Bank of England ships 754000 pounds in gold and 300000 pounds to Turkey as part of wartime financial moves. The Associated Press reports in London with unsettled market reactions and government oversight.
Cattle and hog markets closed steady for the week end in Fort Worth TEX with supply meeting demand. Top cows brought 5.75 to 6.86, general cattle range 4.50 to 5.60. hog receipts about 900 head with choice corn feds at 6.90 and most sales 6.35 to 6.86. sheep at steady with ewes around 3.76.
Chicago September 23 receipts and quotations show cattle receipts around 300 with a dull weak market. Beeves Texas and western steers mixed cow and calf categories priced from about 2.26 to 7.10 per hundredweight. Hog trade around 8000 receipts with steady to firm prices from 4.00 to 7.10 for various classes. Native and western sheep and lamb prices listed with broad ranges.
Listings show cattle and beef steers at 54 dollars per hundredweight, Texas and Oklahoma steers and heifers around 3 to 4 dollars, cows at 3 to 4 dollars, and hogs with receipts near 100 at 4.25 to 6.50, packers and butchers active, lambs around 4 dollars. Regional notes include Saint Louis and St Paul markets with varied prices and lots.
Kansas City reports cattle receipts about 2500 with steady market and various ranges for native and southern cattle, stockers, feeders, and calves. Hogs receipts around 4000 with a steady market, best prices listed for bulk and heavy hogs. Sheep and lambs show strong demand with muttons and lambs priced, wethers and ewes listed with regional ranges.
Quotations show cash wheat steady with slight gains and No 2 red at 96 1 2 cents. Corn unchanged to fractional gains with No 2 mixed at 67 cents. Oats rise modestly with No 2 white about 46 1 2 cents and No 2 mixed around 45 1 2 cents.
The New York market opened with a partial rally led by United States Steel and other American issues but soon retreated. Copper and American Smelting fell to 1908 lows amid rumors of government probes, while Union Pacific and Missouri Pacific saw modest gains before the late session slump. Trading volume was light, with declines widening and the list closing heavy.
New York report notes close mercantile paper at 44. Sterling exchange steady with bankers bills at 4.83.25 for sixty days and 4.86.55 for demand. Commercial bills 4.82. Bar silver 52. Mexican dollars 46c. Government bonds steady. Railroad bonds irregular.
The New York cotton market opened steady to a decline of up to 4 points as Liverpool spot weakness and southern weather prospects weigh on sentiment. Active months fell to new low levels with shorts supporting brief demand, closing barely steady about 7 18 points lower.
New Orleans cotton futures opened steady and declined 8 to 4 points asLiverpool market squeezes fade. Weather favored the belt with little rain and warm temperatures. By late morning prices slid to new seasonal lows before closing 15 to 22 points under yesterday.
In New Orleans on the week’s start cotton futures held even as early quotes showed September at 10,70, October 10,60, December 10,63 with nearby months steady to higher and May near 10,92.
Closing cotton in Liverpool notes unsettled spot with prices up 86 38 points. American middling fair quoted at 6.88, receipts total 2000 including 1500 American bales. Futures open easier and close steady with various month spreads listed.
Spot cotton in New Orleans steady with varied futures: 3-86 off to 12-8 on good middling and higher grades. Trade shows slow selling while arrivals total 70 to arrive noslow ordinary 7% and other grades nudged by market demand. Receipts reported 3616 bales. stock at 31 910 bales.
Spot cotton in Memphis remains steady with a % decline noted. middling grade priced at 11.5 cents per pound. The report, credited to Associated Press, reflects market conditions in Tennessee betting on supply and demand.
Bradstreet's reports for the week ending September 21 show improved distribution in multiple lines including dry goods groceries wool clothing and hardware. Wheat and flour trade look satisfactory while iron and steel stay dull and wage talks surface. Business failures in the U S rise to 236 and Canada reports 23 percent.
New Orleans reports cotton seed oil prime refined at 6.00 cents per pound in barrels, choice meal with 8 percent ammonia at 28.75 dollars per long ton, and choice cake with 8 percent ammonia at 28.25 dollars.
Wool market holds steady in St. Louis with middling combing and clothing at 19 21 2 cents, light fine 17 20 cents, heavy fine 14 1 2 cents, tub washed 26 31 cents.
New York markets show hides dull leather and petroleum steady while wool remains quiet. Rice stays firm as raw sugar values hold near 5.46 to 5.21 cents per pound, with Muscovado at 89 test and centrifugal at 96 test and refined offerings unchanged.
New York on September 23 saw coffee futures set new high records across the board and close steadily with a net gain of 9.27 points. Sales totaled 143,600 bags while the spot market remained firm with No. 7 at 14 14 11-16c and No. 4 Santos at 14% 15c. mild coffee quiet with Cordova quoted 14% 16% ec nominal.
New York reports steady demand for export cotton goods with small daily sales. September shipments to China, Africa and India reach about 40,000 bales. Spindles are holding steady and yarns are easier. Retail trade remains steady and closer to seasonal norms.
The New Orleans rice exchange reports steady trading across grades. Quotations show rough Honduras at 2.10 to 3.00 cents, Japan at 3.20 to 3.66 cents, clean Honduras at 1. percentage to 4 percent, with sales totaling 2,278 rough Honduras and 1,653 Japan, receipts at 10,247 rough rice.
Spot cotton in New York on September 28 closed quiet and 15 points lower. Middling uplands quoted at 10.86 and do gulf at 11.10 with no sales recorded.
In Galveston Texas on September 23 spot cotton was quiet, with middling grade at 10 5 16 cents per pound. Trading volume reported around 1400 bales, with futures activity subdued and traders awaiting further market signals.
New York money markets report on September 23 show money on call nominal with minor activity. Short term loans remain firm for 60 and 90 day maturities at about 2 percent, while bankers await updated rates from core securities.
A heavy fall blessed Yoakum yesterday afternoon, one of the finest rains in months. It started about 4 o clock and was welcomed by farmers and stockmen alike for benefiting crops and pastures.
Local market notes show Leady quoting 4 31 on lead and 5 85 on spelter with related price figures. No further context available.
A memorial drinking fountain is planned in Victoria to honor the late FE L Dunlap, a civic improvements advocate. Funds are being raised and the plan has strong public support.
Rumors circulate that sugar may decline from recent highs while refiners hold orders and distributions catch up. Wheat advances after tariff news, flour up to 5.65 in New York, and meat demand remains strong with higher prices seen next week. No pork price changes noted. Coffee rises to a New York record as roasters struggle to obtain supplies.
Market notes show daily household costs counted with broom prices rising to 25 co per dozen. A second broom advance in two weeks signals shifting consumer goods amid crop stories. Banana and potato carload arrivals by George Sgitcovich and Co. appear in today’s brief notices.
Price to shipper less commission. Price to retailer. Butter firm Creamery per pound 28 to 30? country butter 16 17e. Eggs slow. Fresh country candied storage 16 17e. Cheese firm Fancy cream 12e brick 20c. American Seine ported Swiss 3K Limburger 00 ger State 170. Poultry steady Large choice dozen 6.50, medium hens per dozen 5.50, large springs per dozen 4.00 4.50, medium springs 8.25, small springs 2.76, ducks per dozen 5.60 6.00, turkeys per pound set.
Chicago quotes show butter steady at 21 26c for creameries and 18 24c for daisies. Eggs steady with 6250 receipts. Cheese steady daisies 18%c. Potatoes weak with Maine and Wisconsin at 60 75c. Turkeys 14e, fowl 11%e, springs 12%. Veal steady across weight classes.
Quotations day from St Louis markets show poultry weak with chickens at 10 ¾ to 11 cents, some turkeys at 11 cents, ducks at 2 cents. butter steady at 20 2½ cents, creamery. eggs firm at 17 to 21 ½ cents as reported by the Associated Press.
Butter prices near 25c per pound and eggs around 19c per dozen are listed by a Kansas City market. The Royal Orchestra performs daily at the Saratoga restaurant, offering evening entertainment alongside daily specials.
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