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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Sep 27, 1911
Page
11
New York stock market opens with United States Steel not dissolving, sending steel shares higher and lifting the market. Early gains in U S Steel 6% and Union Pacific 2% climb further as American Smelting Amalgamated Copper and other issues rise before midday profit taking trims gains.
A Life magazine quip aside a newswire blurb notes a divorce win with alimony and custody of the dog. The markets section lists commodities with steady leather, petroleum, molasses, and sugar prices, including Muscovado and centrifugal grades.
At Union Stock Yards on Sept 27 buyers showed caution seeking lower meat prices. Receipts totaled 325 head including 200 cattle 110 calves and 20 hogs with bids near 3.25 for best cows and 4.00 for top calves. Hogs stayed around steady with tops near 6.50 and average around 6.25.
M. D. Stoner the state livestock inspector stationed at San Antonio left this morning for Del Rio to supervise dipping of a heavy cattle shipment as preparation for westward shipping beyond the quarantine line. Others will require his attention in the area and he is not expected back until next week.
The New Orleans rice market remained unchanged with rough Honduras and Japan quotes steady. Receipts totaled 8914 rough, 3355 millers, 6709 clean. sales included 963 rough Japan at 3.56 to 3.63 cents, 6311 clean Honduras at 1 16 to 1 4 percent, and 600 Java at 3 ½ to 3 ¾ cents.
Fort Worth Texas September 27 cattle receipts 5400 head steers steady calves 25e lower to 6.00 range hogs 2250 head 10 to 15c lower top 6.80 bulk 6.20 6.75 sheep 300 head market steady wethers 4 dollars
Receipts and quotations today show cattle receipts about 14 500 with a steady market. Beeves Texas and western steers cows and heifers calves and feeders priced across a broad range. Hogs receipts near 28 000 with a slow to 15 cents lower market. Light mixed heavy and choice hogs listed with several price points. Sheep receipts around 40 000 with a weak to 10 cents lower market and native western yearlings and lambs priced in multiple brackets.
Receipts today include 5500 cattle with 2100 Texans and a steady to strong cattle market. Hogs receipts 7600 with a steady market and prices from 6.00 to 6.70. Sheep and lambs receipts 4000 with a steady market and prices ranging from 3.25 to 4.00.
Receipts and shipments today show cattle at 10 000 head with steady to higher bids and ranges from 2.75 to 8.00 for various classes. Hogs total 12 000 with prices 6.15 to 6.50. sheep receipts 8000 with steady market and lambs 4.75 to 6.00.
An executive meeting of the core and committee reviews reports on the San Antonio to Brownsville railroad with cost estimates and tabulated data. Engineer Young says eastern survey extends to Alice and western to Celite near Falfurrias leaving about 120 miles to survey.
Chicago details show wheat dropping on official Argentine planting expansion and cheaper Liverpool offers. December opens around 98 cents, slips to 97 3/4, with oats firm and corn steady as hog prices weigh on provisions. Forecasts of colder weather ease corn. December closes down 1/2 to 63 1/2 cents.
Chicago Wheat and grain receipts dated today show 40 carloads of wheat with 6 contract grade, 325 carloads of corn with 90 contract grade, and 105 carloads of oats. Total wheat receipts across Chicago Minneapolis and Duluth reach 934 cars, up from 666 last week and 632 a year ago.
Quotations today show cash wheat at No. 2 red 95 98 cents, No. 2 hard winter 98 to 1.01%, No. 1 northern spring 1.09 to 1.11%, No. 2 northern 2 A deraiee No. 2 spring 1.01 to 1.02, with chaff and durum around 90 cents to 1.02. Corn No. 2 at 68 percent, No. 2 white 68 percent, No. 2 yellow 68 68 cents. Rye No. 2 white 47 48 cents, standard 47 48 cents.
Quotations show cash wheat steady with No 2 hard around 1.02 to 1.06 and No 2 red at 98 to 99 cents. Corn steady with No 2 mixed near 67 to 68 cents and No 2 white 46 to 47 cents. Par wheat 81 4 cents, December corn 60 to 61 cents, May 63 cents.
The New York cotton market opened steady as better Liverpool cables supported futures early. Prices fell from the day’s highs, with October around 10.06 and December near 10.26, slipping to about 1 5 points net decline before later recovering slightly. Spot middling uplands cited at 10.55 with quiet activity and shifting southern offerings.
New York reports steady early cotton futures with January at 10.35 to 10.36 and March 10.48 to 10.49. May 10.61 to 10.62, June 10.63, July 10.64, and other months around 10.3 to 10.4. Closes shown mixed, with values near the day’s highs and lows.
New Orleans Sept 27 Cotton futures opened barely steady two to four points up as favorable weather boosted picking and maturing conditions. After initial selling prices fell five to seven points, then further down 13 16 points on bearish forecasts for condition and ginning. By noon, prices stood about 11 points below yesterday's final.
The association press notes futures opened barely steady with September at 10.37, October 10.27 28, December 10.30 81, January 10.37, March 10.51 63, May 10.62. The market closed steady with a net decline of 7 points.
Liverpool cotton closes in fair demand with a one point drop. American middling fair at 6.52, good middling 6.26, middling 6.12, receipts 1100 bales including 400 American. Futures opened firm and closed weak with several near term and distant contracts quoted between 5.53 and 5.90.
To Mr and Mrs H G Muenster a girl born September 24 at 1109 North New Braunie avenue To Mr and Mrs C J Warner a boy born September 24 at 127 Scott street To Mr and Mrs F W Wiemers a girl born September 24 at 2123 West Houston street To Mr and Mrs Carl T Peabody a boy born September 21 at 109 Sun street
Burial permits list R. G. Bell 35 died September 25 near an experimental farm and several others with ages and addresses. Frisco Lines officials F. C. Reily and D. J. Ewing passed through en route to Fort Worth. Galveston Harrisburg & San Antonio agents A. R. Atkinson R. L. McKibbin and Parks accompanied trains moving the Tenth Infantry to Galveston.
O C Hildebrand of Brownsville says import through Brownsville Texas has nearly stopped and rainfall scarcity keeps markets weak. He notes drought across the Rio Grande, light Mexican calf crops, cattle losses, and ranches split into farms as feeders cannot find grass and prices do not cover shipping.
Houston Texas reports cotton figures with 27,250 bales noted for today versus last year. The data highlights year over year trends in output for the region.
Trade notes show middling to steady demand across ports. Liverpool weaker at 6.125,000, New York quiet around .10.46, New Orleans steady at .109-16, Galveston steady at .109-16, 320 to 500 units. Houston quiet near .10% with 581 units at the port.
Spot cotton in New Orleans remains steady with 320 bales traded and 2760 bales expected on arrival. Prices range from low ordinary at 7 1 8c to middling fair at 11 11-133c, with receipts totaling 6611 and stock at 388671.
Spot cotton finished steady to 10 points lower in New York with middling at 10.45 and gulf at 10.70. No sales were reported.
Memphis Sept. 27 Cotton prices were steady with a slight decline noted across staples. Middling quoted at 10 percent with continued demand from buyers and sellers adjusting to market signals.
Houston TEX Sept 27 spot cotton remains steady at middling 10 3 4 cents per pound with prices unchanged across the market. Local buyers report cautious demand as traders await new crop developments and weather updates from the field.
Memphis dispatch notes commodity prices with prime basis at 4.66 and 4.67 cents, no meal figures, and linters at 2 percent and 3 cents. Details are fragmented, offering a snapshot of market activity without broader context.
In Peru New York on September 27 cottonseed oil quotes show open and close levels for Sept Oct Nov Dec contracts. Prices range around $5.40 to $6.45 across months with small margin changes.
In St Louis on September 27 quotations show wheat easing with No 2 track red around 94 to 97 cents, No 2 hard near 1.03 to 1.08. Corn stays firm with No 2 track about 9 to 10 cents, oats steady near 46 to 47 cents. Market close records wheat lower, corn lower, oats weak with July and May futures noted.
After a 15 point drop Monday, the coffee market recovers and firms up as buyers retreat from future delivery and the light demand persists. The short crop and upcoming winter bolster forecasts of record high prices next year, while potato outlooks vary across states and prune and fruit supplies tighten on the coast. The San Antonio market notes a steady price at 4.25 dollars as new crop cars arrive to aid trade.
Butter firm items list creamery per pound 26 5c country butter 16 17c. Fresh country candled storage 16 17c. Cheese firm fancy cream 12%c fan cy brick 20c American Swiss 24c Imported Swiss 3lc Limburger 20c Bad ger State 174c. Poultry steady large choice hens per dozen 6. Medium hens 5.50 6.50. Large springs per dozen 4.00 4.50. Medium springs per dozen 3.25. Small springs per dozen 2.75. Guineas per dozen 3.25 3.60. Ducks per dozen 5.50 6.00. Squabs 1.25. Turkeys per pound 14 16c.
Butter firm creamery prices at 19 to 24 cents with 21 260 notations. Eggs steady with 7241 cases received and firsts at 19 to 20 cents. Cheese unsettled with varied names and prices. Potatoes irregular from 60 to 65 cents. Poultry live prices ease turkeys 15c, chickens 8 to 11c, springs 12c. Veal steady across weight ranges 8 to 11 1/2 cents.
Prices listed include butter at 254 cents, creamery stock firsts at 21490, seconds at 21 and packing stock at 1749. Extras show 22 and firsts at 20 cents.
Associated Press report notes poultry like chickens at 10 to 14 cents, turkeys 14 cents, ducks 12 cents, geese 4 cents. Butter steady with creameries at 20 to 26 and 4 cents. Eggs steady at 19 to 20 cents per dozen.
The wool market remains light with all grades in demand fairly steady. Woolen mills buy moderately while lower grades show moderate prices. Ohio fleeces and common braid are scarce and firmly held with some inquiry. Territory fine staple half blood sees some good transactions, pulled wool in very light demand.
Spool markets show moderate steadiness amid demand orders. Yarns attract stronger purchase interest while October bills face discounts and credit terms called by factories.
The New York market closed steady with a net advance of 21 points in coffee futures. Trading volume reached 51,750 bags while Rio and Cordova grades showed small gains and steady activity across the board.
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