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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Sep 24, 1912
Page
11
Observations from 8 a m show air pressure and temperature lines. Forecast for San Antonio and vicinity calls for unsettled weather with showers tonight or Wednesday and cooler conditions on Wednesday. East Texas also expects unsettled conditions with interior showers tonight.
New York cotton opened with a small decline as hedge selling and weaker cables weighed on futures. Prices later steadied with a 3 to 4 point rally from intraday lows as western belt forecasts showed heavy rain and improved demand, with middling uplands around 11.85.
Cotton futures in New York closed largely steady with most months quoted near prior levels. January mixed around 11.48 to 11.49, March at 11.62 to 11.63, May 11.72, July 11.74, October 11.27 to 11.29, December 11.50 to 11.51 as intraday highs and lows fluctuated modestly.
New Orleans Sept 24 Cotton futures held near steady with declines of 4 to 6 points at the open. Weather forecasts and private bureau reports created uncertainty as ginning ends tonight and condition reports due tomorrow. Texas activity remained heavy as Mississippi picks continued, with late afternoon prices 2 to 4 points under yesterday's close.
Liverpool cotton market reports easier prices with steady demand. Prices listed for various grades from good middling to ordinary, with 5000 bales traded of which 300 for speculation and export and 4700 American receipts.
Futures opened and closed quiet in Liverpool with small ranges across the spread calendar. September at 6.44 cents, Sep-Oct 6.35, Oct-Nov 6.25, Dec-Jan 6.25, Jan-Feb 6.27, Feb-Mar 6.28, Mar-Apr 6.94, Apr-May 6.21, May-Jun 6.32, Jul-Aug 6.31 cents.
New York and several markets show middling prices around 11.75 to 11.6 cents. New Orleans and Houston quote middling values near 11.11 cents while Galveston and Liverpool run around 11.6 to 6.63 cents with Memphis showing a middling value close to 11.0 cents.
New Orleans prices show spot cotton largely unchanged with variety by grade and sales totals around 700 to 500. Grades range from low ordinary to good middling with quoted middling around 11 to 12 cents and receipts listed. New York reports spot closing with middling uplands at 11.75 cents and sales of 18 bales.
Memphis spots in Tennessee report cotton steady at unchanged middling price of 11 1/2 cents.
Market notes from Memphis and New York show cottonseed products and oil on Prime basis with assorted bids and sales. Prices list September through May futures, with explicit trades and totals, including spot bids and 12 800 total sales.
Raw sugar and refined sugar, petroleum and molasses show steady prices. Hides and leather remain firm with market activity centered in Bogota and Central America.
Quotations showed poultry steady with thickening markets. Turkeys at 16 cents, ducks 12 cents, geese 5 cents. Butter prices at creameries rose to 26 to 30 cents per pound as eggs trimmed.
New York trading opens with a downward drift though losses are modest. Union Pacific, Reading, St. Paul and American Sugar show weakness while steel and copper rise on pool support. Anaconda climbs after news of a dividend increase. bonds hold steady as market moves toward uniformity and closes strong.
New York on September 24 reports close prices for mercantile paper at 5 12 6. sterling exchange steady with bankers bills 482.50 for 60 days and 485.60 for demand. Commercial bills 481%. Bar silver 63%. Mexican dollars 48 9c. Government bonds and railroad bonds show firmness.
The money market in New York on September 24 shows the ruling rate at 4 percent with closing bids at 4 1/4 percent and offered at 5 percent. Time loans remain steady with 60 and 90 day terms at 5 percent and six months at 5 percent.
New York metal market reports copper firm across spot to December at around 17.25 with electrolytic at 17.62, tin easing near 49.50 to 49.90 for September and October, lead steady at 5.10, spelter firm around 7.40 to 7.75, iron unchanged.
The article fragment lists figures for lead firms and salary amounts including five thousand and seven fifty. It appears as a financial or industrial notice with values attached to firms and salaries, though details are incomplete.
Quotations today show butter creamery values at 24 28 100 with chatter on daisies at 22 24 cents. Eggs steady with receipts 7993 by mark up to 26 cents for firsts, 20 19 cents ordinary. Cheese steady daisies 15 16 cents twins 13 15 ½ cents youngamericas 15 16c longhorns 15 16c. Potatoes steady Michigan 55 48c Minnesota 50 55c Wisconsin 50 58c. Poultry alive steady turkeys dich chickens 13 cents sprouts 14c. Veal steady 9 ½c.
New York on September 24 reports EEG prices as steady and unchanged with receipts totaling 14,346. The note reflects a calm market with stable demand and supply dynamics across the trading day.
General market conditions favored sellers with beef steers at 5 to 7 dollars, stockers 4.50 to 5.55, cows 3.25 to 5.25, bulls 3 to 4, calves 8, and hogs 8.75 to 9. Receipts were liberal with cattle 3500, calves 1000, hogs 1000, and sheep 1000. Lambs also steady in Fort Worth, Texas on September 24.
Union Stock Yards reports a strong, active market with cattle, calves, and hogs selling at steady to near top prices. Cows reached $4.35, calves $5, hogs $8.50, with most cattle $3.50 to $4 and calves $4 to $4.50. No sheep or goats were offered as cooler weather boosted demand.
Cattle receipts 7500 with 3000 Texans, native beef steers 5.50 to 10.70, Texas and Indian steers 4.00 to 8.00, cows and heifers 5.50 to 7.50, calves 5.60 to 8.60. Hogs receipts 6000, prices 6.25 to 8.85, best heavy 8.65 to 8.75. Sheep receipts 7000, native muttons 3.35 to 4.00, lambs 5.00 to 7.15.
Chicago market notes cattle receipts around 6500 with slow trade across categories. Hogs show 12000 arrivals with steady to slow demand and varied quotes from light to heavy pigs. Sheep reach 38000 on a steady to firm tone with ranges for natives Westerns and lambs.
Cattle receipts 18 000 including 1000 southerns with prices native steers 6.00 to 10.80 southern steers 4.25 to 6.25 southern cows and heifers 3.50 to 5.25 Hogs receipts 8000 steady bulk sales 8.45 to 8.70 packers and butchers 8.45 to 8.75 lights 8.50 to 8.75 pigs 6.25 to 7.26 Sheep receipts 12 000 steady muttons 3.50 to 4.25 lambs 6.00 to 7.20 range wethers and yearlings 4.00 to 5.50 range cows 2.50 to 4.25.
Unsettled weather with near normal temperatures. Rainfall of an inch or more reported across many South Atlantic states. In several towns including Bainbridge Batesburg Columbia Greenwood Tiorence Lumberton Cheraw Newhern Goldsboro two inches or more observed. Allen Buell Local Forecaster Weather Bureau.
Wheat gains despite mixed cables as December opens around 91 4 to 1 1 4 cents and climbs to 1 1 4 1 2 cents. Corn steadies then advances on crop outlook concerns in Missouri. December at 63 3 4 cents. Oats firm, oats at 32 1 2 cents, hogs steady with pork at 18.10, lard 10.55, ribs 9.75.
Chicago quotable prices show No 2 red wheat at 1.04 to 1.06 dollars. No 2 hard 91 91 2 cents, No 1 northern 93 1 94 2 cents, No 2 northern 1 93 cents, No 2 spring 0 0 with velvet chaff 84 91 2 cents. Corn No 2 7 13 to 7 3 percent. No 2 white 74 74 cents. No 2 yellow 7 34 cents. Data No 2 white 26 1 2 cents, Standard 35 36 4 cents.
Quotations listed for September 24 show Wheat at 88 91c for No 2 hard and 99 to 1.03 for No 2 red, Corn at 69c for No 2 mixed and 71c for No 2 white, Oats at 35 35 5c for No 2 white and 33 38c for No 2 mixed. Close figures include Wheat September 89 on 89c December 86 14c May 90c, Corn September 72c December 42c May 49 1/2c, Oats December 33c May 35c.
Quotations listed for cash enka red corn and white varieties with No 2 grades. Prices shown include No 2 hard corn around 91 to 93 percent, No 2 white about 75 to 84 cents, wheat December around 2 dollars per bushel, and oats December at 32 to 34 cents.
A historical note records that New York consumed about nineteen million tons of coal in the year 1811, reflecting the city’s growing energy demand and industrial activity of the early 19th century.
A sustained drop in lemon sales in San Antonio accompanies sharp price hikes by California distributors and retailers. Housewives reportedly boycott fruit as cold weather and limited supply push box prices to 8.50–9.00 dollars and a dozen lemons to three for ten cents. Local commission houses note grocers avoiding lemons amid high costs while cotton and potato markets show mixed trends.
Galveston receipts of new cotton totaled 61 186 bales today. The figure trails the port record of 70 124 bales set on November 3 1908, marking a strong yet below record volume for the harbor.
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